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Sharesting -
Always good to see you posting, love the 'hippo' analogy, totally agree with your thoughts.
I haven't posted much lately, as there's not much more to add at this stage, simply sat on the fence enjoying the main action start to unfold after 11 months in this share.
With our small m/cap and unique global product, I can't see anything other than an early takeover/ bidding war taking place in March/ April.
It's hard to envisage the American pharmas letting 'lil ol Synairgen go into production under their own name for long, if at all.
As a reminder, some time ago this board voted on 'Synterferon' as the trade name.
Will we see this on the packaging - Unlikely.
In the mean time, the mms will try every trick in the book to take shares from individual retail investors over the next few weeks.
We've come this far, so don't let them go now people, hang onto the comet's tail and enjoy the ride!
ATVB
CT - Totally agree with all that, but we still haven't got to the core of this situation.
I'm ok with putting it to one side for the good of SNG's progress, but I don't like loose ends.
Hopefully they will be tied up in the correct manner eventually, but not in a timely manner imho.
ATVB
Joey D -
Thanks for sharing that VERY cool fact - that is 'joining up the dots' par excellence.
Reassuring to know one of the 'head honchos' in the USA is fully on board with the concept inhaled interferon.
Meanwhile back in the UK the silence is deafening, as another thousand are left to routinely perish.
I know our recently returned 'headmaster' has requested radio silence regarding the stance taken by Horby,
but with each passing day we are left with no elaboration as to the reason why - Any chance of putting any flesh on the bones P?
ATVB
Having had three posts removed last evening, all regarding the loss of Shaun P and the increasing influence of the self appointed ‘hero’ on here, I have decided to leave this board.
We are supposed to be living in a democracy, but apparently not. If your views don’t fit the current narrative, then be careful what you say and how you say it, you are being monitored.
Steve5859 Yesterday @ 19.20 yesterday– A bit too subtle for the moderators, so you slip through the net, well done that man.
£54? Good luck with that, especially with this looming on the horizon.
https://www.goldmoney.com/research/the-rapidly-failing-eu
C'mon everyone, cheer up, we're all going to be minted soon, so don't let one rogue poster spoil the build up to our collective success.
Here's some investing/ money/ broker jokes to change the mood on here - Enjoy the day - We're one step closer!
I had my credit card stolen the other day but I didn’t bother to report it because the thief is spending less than my wife.
There’s a way of transferring funds that is even faster than electronic banking. It’s called marriage.
The stock market is even worse than a divorce. You lose 50% of your net worth, but still keep the wife.
The market is weird. Every time one guy sells, another one buys, and they both think they’re smart.
The market may be bad, but I slept like a baby last night. I woke up every hour and cried.
My Favourite one liner:
It was so cold this morning I saw my stockbroker with his hands in his own pockets.
:)
This board has hit a new low today and having been here almost a year, that is really saying something.
A difference of opinion is one thing, a direct slur on an individual’s character delivered from behind the safety of a keyboard is another thing entirely.
Integrity is defined as: ‘The quality of being honest and having strong moral principles’.
I think the recipient of the post in question may well be considering early retirement from this board and who could blame him? A cornerstone may be dislodged.
Certain posters appear to have lost sight of the main reason for joining this discussion board in the first place i.e. making money.
Individuals who look for and disclose lower/ higher entry/ exit points or those who leave and then return at a later date, in order to maximise profits are now classed as lacking integrity, rainbow chasers and woodwork crawlers etc.
I congratulate anyone who bought a day return ticket on the ODX bus – Well done that shareholder (not me) and welcome back.
Those that don’t display blind company allegiance and a long term ‘buy and hold’ strategy are now frowned upon by a small core of regular contributors, hardly the way to maximise profits.
NCYT transformed my capital base inside twelve months , I'm very grateful for that and I’m 100% behind the cause, currently holding strong and waiting for compelling news, but remember, there’s no shareholder loyalty bonus at the end, just profit or loss, so there’s no harm in maximising profit when the opportunities arise from time to time.
I made a New Year’s resolution to stop reading/ contributing to these boards when I leave NCYT and SNG, this afternoon’s offerings have made me realise I made the right decision.
PS. Alwayslate7 - Welcome to the pit - good first post - This is a brilliant company that will surely put you into the blue before the summer.
ATVB to all holders.
OakK @ 18.49:
My thoughts exactly and to emphasise your point further:
In 1973 Martin Cooper made the first subscription based mobile phone call – decentralised the telephone.
In 1981 Adam Osborne invented the laptop – decentralised computing.
In 2020 Graham Mullis announces Novacyt have invented a portable rapid testing machine that can be used away from central labs in a variety of settings, along with a full suite of portable covid tests – decentralising clinical diagnostics.
I really don’t think the majority of healthcare workers, let alone the investing or general public realise the magnitude of what Novacyt have achieved amid this pandemic.
Fully integrated testing solutions (not limited to covid) – No debt – 1 million+ profit per day – Selling to 130 countries – First mover advantage – British made – Expanding nationwide employee base.
Doubt this will be £8 much longer.
ATVB
Andy -
Just caught up with the board after some time away, so sorry for the late reply, so you might not even read this.
May I add my sincere best wishes to you and your family, it was truly refreshing to read such an honest and open post. I know you will have winced when you pressed the ‘post’ button last evening, wondering what type of response you would get, but this is an excellent board in the main, with many genuine and honest people like yourself.
Rest assured, you did the right thing, it’s good to offload, even remotely from a keyboard.
You will know individuals are not allowed to offer specific financial advice on a board of this nature, but when you cash out of SNG and may wish to re-invest profits elsewhere, there’s no harm taking a look at safer options that offer slow, steady profits and even a dividend – You only have to ask when the time is right, there are good people on here that can point you in the right direction. Again, I stress this wouldn’t be advice, only information.
In the meantime, watch the action unfold here over the next couple of months, it should be ermm – interesting.
As regards today - Kudos and thanks to dafad, kevkan, chris toffer, docaneeka, cr1909, mact4, tommyd19, oxford12, meelie,fruits, harchris etc for your excellent contributions and especially to Hanoihank for post of the day so far.
A privilege and an education to read this page today.
ATVB
Troublesome -
Noted - Posts shorter - message ends...:)
ATVB
...the mms will see to that.
ATVB
Just caught up with the board after a day away and it’s a pleasure to read an absolutely fascinating and intelligent discussion on here last night and this morning regarding individual investment styles.
If I may add, those of us who prefer to dip in and out on occasions when the chance arises are still long term holders.
When you have been invested in a share like this several months, it is quite possible to identify with a certain degree of certainty, exit and entry points that allow you to either build up your holding or make a cheeky weekly profit.
Doing this has allowed me to move profits elsewhere, whilst keeping a holding here. I see this as sensible money management, lockdown has given me more time to hone my skills in this respect.
I realise this draws negative comments from those who prefer to buy and hold. Lack of understanding of how markets work is usually the main reason, note the ‘we’ve just had a good RNS and the price is falling, I don’t understand’ posts, however individuals who post simply to ‘show off’ their success are rightly rounded upon.
There is another board where they jokingly refer to this style of investing as doing the ‘hokey cokey’, borrowing from the lines of the song ‘in out, in out’.
Over the last year, I have noticed more and more investors are trying their hand at this, as they have more time on their hands, due to lockdown or out of sheer necessity, due to loss of income, redundancy etc. This can lead to an increase in short bursts of price volatility in some instances.
I remember one poster in the summer stating he had doubled his investment in NCYT simply by aggressively selling and buying back his entire holding several times in a few short months. I doubt I could ever be that bold, but selling some and returning a day or so later has worked well for me in the past and again after the latest RNS.
I could never be a day trader, as personally I find that intensely boring, but you can often predict the sell off between 3-4.30 some days, watching these guys skim a margin of profit.
I totally respect an individual’s decision to buy and hold, but respect should work both ways. This company is so unique, everyone will make good money in the long run. I have never come across an AIM share with such strong fundamentals and I doubt I’ll see another as good in my lifetime.
Leaving the PR wrangle to one side, the chief has always acted with integrity and dignity in these difficult times and should be applauded for doing so, we are lucky to have him steering the ship.
In addition, this board is very, very fortunate to have posters such as Van V and Shaun P for reference when the need arises. You’d normally have to pay top dollar for the information Mr P provides for us free - Philanthropy at it’s best.
I believe this board will soon settle down as everyone moves ‘into the blue’. The trolls and de ramping will die down, as institutional holders gradually take a firmer hold, the MMs will
Harchris -
I 'got' the tigger irony - Love it.
I see you sold up at NCYT after their RNS and went 'all in' here last week - fortune favours the brave.
I got a bit of a kicking on the NCYT board for daring to post negative comments about yet another poorly worded RNS.
Not to worry, I'm a big lad, water off a ducks back etc.
I still have 10% of my holding in that stock, 10% in PUR and 80% SNG.
Conventional wisdom tells us not to hold more than 10% in anything, but these are not conventional times.
I think you will look back and realise you made the right decision at the right time.
ATVB
Sharesting –
Many thanks for posting that link. I hope you don’t mind if I take a quote from Horby’s answer to Q 252 to share with the board, as investors need to know what Synairgen have been up against from July onwards.
‘We still need an easy-to-use and relatively affordable early intervention. If you had that, it would certainly be an area to target. It could be done on an out-patient basis through primary care, but first things first: we need to find a medicine that is effective at that stage of disease.’
This explains why SNG hasn’t had a mention from any government minister or senior healthcare official since phase 2 results were announced. As we suspected, potential treatments were sidelined in favour of vaccines.
RE: your ‘Makes my blood boil’ – I think that accurately sums up the feelings of the ‘SNG collective’ on here.
One day this man may have to answer to his peers and hopefully the press about his stance on this treatment.
(Oakleaf + Syngold - Appreciate the replies).
T
While we wait….
There is a highly respected silver mining investor called David Morgan who offered one of the best pieces of advice that has always stuck with me. He maintains this applies not only to junior mining stocks, but to all junior stocks:
‘90% of the move comes in the last 10% of the time.’
In other words, if you try to be smart and wait for the price action to start you risk missing out on the big move. I’m thinking back to all those ‘cudda, wudda, shudda’ posts after our manic Monday.
SNG has been sixteen years in the making, but the real money will be made in a few short weeks.
At the risk of repeating myself, when news about SNG starts filtering out of the USA and market sentiment gets hold of this, the price will move fast and investors late to this party will be locked out.
Anyone thinking of investing or topping up – the time is now, not next week or the week after, but now.
The discovery, development and commercialisation of broad spectrum anti viral treatments are not like buses. If you miss out here, there won’t be another along anytime soon.
This isn’t a ramp, it’s reality and it’s unfolding right now. As my father used to say, ‘Don’t die wondering’.
The volcano is smoking and is about to erupt again!
(Ok, I admit, it does sound like a ramp)
ATVB
Troublesome -
I was referring to junior shares, not this board. After ten months on here I tire of the constant 'confirmation bias' posts and don't like to see any type of justified negativity immediately snuffed out.
This is the UK not North Korea, so blind allegiance is not good to witness on a bb.
I accept my tone was over the top - Just frustrated at yet another poorly worded rns. When they are so infrequent they should be spot on and I think RM has accepted that point, so we'll move onwards and upwards from here.
Porky - I am not a trader, I'm an investor. Day trading is not for me, but moving in and out now and again pays dividends, you should try it on paper from time to time - It works.
ATVB to you both.
Steve V -
I'll gladly share when I'm fully invested from my NCYT profits, not before though. Sooner rather than later hopefully, but certainly within the next 2-3 months.
I'll post relevant research links so you can make a start 'doing your own research' as they say, on a non trading day, so as not to cross ramp.
ATVB
cont....
IMHO there is no excuse for a poorly worded RNS, at that point there is nothing wrong with getting out and buying back at a lower price. The response from the young ‘Insider’ writer, ‘they are coming out of the woodwork’ was both generic and lazy.
In my painful experience, hanging on grimly through all conditions doesn’t pay in the long run.
Low volume leaves a share at the mercy of the market makers, long term holders know too well how these guys love to hammer this share at every opportunity. When volume picks up they lose control and have to give way to buying or selling pressure, as we saw this morning.
As this virus mutates, I believe the share price will march upwards, but fall sharply (briefly) as it hits psychological trigger points £10/12/15 etc. These depend largely on individual investor buy prices and profit targets, presenting more opportunities to increase holdings, if that’s your style of investing.
The fact is at £10 - £15 investors will leave NCYT in order to invest in other AIM shares that also have strong fundamentals that will multi-bag later this year, very few will expect to see £50 - £100 here. I have three on my watchlist that I fully intend to move into at the appropriate time, as will many others that have ‘burnt the midnight oil’ and lost hours of sleep in order to research new opportunities.
In the meantime, I hope to see all Novacytians in the blue as we move into February. I doubt they will have long to wait, as NCYT are always not one, but 2-3 steps ahead.
New or nervous investors note Van V’s comments – ‘Today NCYT threw a blanket over Covid-19 and its increasing variants….NCYT is an integrated player’
ATVB
Good afternoon Porky
In reply to your post last evening…’You patronising Fckwit, i'm probably old enough to be your dad’….
I am neither patronising, a fckwit and it is highly unlikely you are old enough to be my dad. I always find responses of this nature disappointing, a shame that you couldn’t offer a more measured, considered response.
I commented that in my opinion your posts are too frequent and repetitive, therefore your message loses value over time. I would offer the view that other board members would take more note of your opinions if you posted less frequently. Most posters are smart enough to know they are on a winner here, so don’t need to read the same message several times a day.
You are not the only investor who cares deeply about this company’s progress, a good number have been sat on this rollercoaster longer than yourself. I know there are many who read these boards and never comment – probably so they don’t have to deal with abusive replies. One actually posted a rare reply to me on the SNG page last month (I note your recent interest) and referred to investors like himself as ‘the silent majority’.
If we all posted five/six times a day this page would be impossible to navigate, especially after a long shift at work. By posting a vote system last evening you have now created a ‘fan club’ for yourself, which is never a healthy state of affairs on a balanced board.
Over the years I have noticed that when trolls attack a board with multiple negative posts each day, they are quickly rounded upon by bullish shareholders and rightly so, but when a poster does the opposite no one says a word, hence my comments last evening, which I knew would attact a negative response (Edwina et al).
I actually voted for you to continue posting last evening, as your positive imput has merit– to a point. Like others though, I grow weary of repetitive content. I always find it strange that individuals press the ‘buy’ button and then need constant reassurance that they have made the right decision.
I would also caution against giving ‘Shaun P’ advice, on reflection you surely must admit to getting ahead of yourself there, Re: your comment to him last evening, ‘it’s not your bag’. I think Shaun knows very well what ‘his bag’ is… The man is a retired professional company accountant and this board will be much the worse when he departs in Spring.
To the financials…Obviously most of us have ‘run the numbers’ and come to the same conclusion as you – This share is way oversold and a serious correction is well overdue. £12 - £15 is certainly in range, but I would argue that you lose credibility by posting regular £50 -£100 predictions.
Remember, we are on AIM and the fundamentals often take a back seat to the two other main drivers, ‘sentiment and volume’, which is why we see such volatility. If people don’t like the tone of the latest RNS or can’t see a clear way forward, they leave in droves.
Cont above....
‘How on earth did the post by Trinityman at 8pm get so many votes?’
Ermmm…Because some investors are passive and some are proactive. Proactive investors can’t all be classed as ‘rainbow chasers’ – that’s too simplistic.
I have a very small portfolio, NCYT has been part of that since March. Since then I have built up a decent knowledge of when to sell, buy or hold – it’s not difficult, you just have to put in some time and effort. This isn’t day trading, it’s just common sense.
I would never criticise another investor for having a different investment style – nothing wrong with simply buying and holding – But I prefer not to sit on my hands when the price starts to tumble, that way I can increase my holding over time.
I would also say that my post was ticked by some, as they agree that more than one RNS could have been worded in a more professional manner. When a company chooses to inform the market infrequently, each RNS has to instil total confidence – obviously some haven’t, hence the price drop(s).
If you read any of my previous posts, it’s obvious I’m fully behind this company and have been for the last ten months, but there’s always ups and downs to take advantage of from time to time. I have compared NCYT to Bioventix in the past and I’ve no doubt this will reach £40 in time, but occasionally there’s easy money to be made elsewhere, if you’re prepared to be adaptive.
BTW - I don't have a 'trading' account - I have an 'investment' account and it isn't your quoted 3k!
ATB
Novacyt Junior School:
Graham Mullis half term report: Maths – Excellent in all areas. English – Spelling 100%. Literature - Must try harder – Phrasing needs work, too vague in places.
‘Sorry Miss, I’ll try to write proper this term.’ Yes Graham and maybe include some big, hard numbers for us numbskull investors to practice on the abacus for next term.
Oh, and don’t go releasing any more lunchtime RNSs into the playground, cause you’ll get on the wrong side of the prefects and they’ll show you who’s boss for the rest of the term by dropping your share price an extra 50p every so often when it suits.
We waited six months for this to move up to £12+ and instead we got -17% Friday -4% Monday.
Not to worry though ‘cause our milk monitor Porky will remind us at least five times this evening and a further five times tomorrow about the strong fundamentals, as apparently we don’t know how to value a company ourselves and we have the investing attention of goldfish.
Give it a rest fella will you, the repetition is getting more than a tad tedious now – we get it – some of us older kids in the year above have been here a while now – this is a long-term hold for you – best share on AIM etc. Chinese burns for you at playtime if you don’t rein it in.
Porks – Maybe you could take over writing the reports from our school maths teacher, Professor Shaun P – he’s leaving at the end of next term.
If Graham wants to move up from junior to secondary school next year he needs to finish his lines in detention …’I must talk to shareholders more…I must talk to….’
Obviously by my tone I’m extremely frustrated with recent events, I’ve been here since March and the excuses are wearing a bit thin now – we’ve been here before - RNS brilliant content, but poorly worded/ phrased – price drops – investors lose two months trying to play catching up. Lesson learnt – Err no, so here we go again.
This morning the poster ‘Edwina’ informed us at 09.44 that ‘People are selling a £577m market cap company, which had half year revenues of £213 million at 80% margin.’
They must be crazy – Not really. The thing is, there’s money to be made elsewhere if you take your blinkers off and look around. Surely you made the easy 5% on the silver price today? The Reddit short squeeze gang were all over the news at the weekend.
There’s always other fish to fry before returning here for the next inevitable leg up. Blind loyalty doesn’t make you rich, no harm in dipping in and out elsewhere when the time is right. That’s how you make more money, which is why we’re all here, isn’t it?
#£53£100giveitarestfornow