Member Info for WBAFC

This share is totally manipulated and investors abused. Worst thing is this stock is sold on two stock exchanges , which enables market makers to manipulate the price. How do you explain today's price is up at close when you have clear more sells than buys ? Its something as a medical guy i find really difficult to comprehend.

The CEO / CFO / CSO of Novacyt have not invested any of their money into the company shares or have any shares for that matter. Basically having no personal invested financial commitment into Novacyt.

There will be no VAT return in 2025 , so what will be the loss of cashflow this year

What are the future prospects of Novacyt ?

We now know that Novacyt has essentially been taken over , a reverse takeover by Yourgene, and run by Yourgene directors in effect. Primerdesign, a company that was a Global pioneering PCR diagnostic tests for viral infections , is now been dismantled gradually over time . Revenue from Primerdesign amounted to less than £5m in 2024.

Yourgene will be the focus of the business and where the cashflow will go to fund any future R&D and IVDR of products. The question is where are going to be the potential contracts coming from ? The NHS is bankrupt and the pubic health care system in UK now is at its all time low . Will there be any forthcoming contracts from NHS on genetic diagnostic testing? I doubt it . It will be the private sector where you will get any business i suspect. There is hope that Yourgene may get big contracts from other governments that adopt Yourgene tests as compulsory in all pregnancies.

Proof of the pudding is in the quality of contract wins from this IVDR.

Again BOD show no confidence in this as there are no director buys !

Kamakiriad this is your message below . If you didn't sell up , then you are really crazy. As you could now have bought back at 49p, if you love this company so much !

19 Aug 2024 14:37

I’ve finally broken even again at 134p. I thought I’d never see my £53k again.

You can talk kamakiriad, you escaped unscathed from this share at £1.34

Discussion Insights

Investor discussions on ADVFN regarding Novacyt S.A. (NCYT) reflect a growing concern about the company's financial health and future viability. Key financial highlights emerged with mentions of a cash burn rate of approximately £1.5 million per month, raising alarms among investors regarding the potential for a cash shortfall in the near future. One investor, george192, emphasized the dire state by noting that the company has gone two years without securing new contracts, which suggests an unsustainable trajectory without fresh funding or revenue streams.

Overall investor sentiment appears cautious and somewhat pessimistic. Comments such as “cash will burn out one day” and “no news is good news, nah it’s just there is NO NEWS” indicate a lack of confidence in the company's current management and operational strategy. Many investors are considering holding off on additional investments until the stock reaches a lower entry point, as reflected in the remark about waiting for a top-up at 44p. The ongoing discussions highlight a critical watch point for developments that could impact shareholder value and company liquidity in the coming months.

Click onto Primerdesign full accounts. Do you believe the directors merit their salaries. Have they performed well ?

https://find-and-update.company-information.service.gov.uk/company/05228545/filing-history

Click onto full accounts to view . What does this suggest how Yourgene are performing and if the Directors merit the salaries for the performance ?

https://find-and-update.company-information.service.gov.uk/company/08436676/filing-history

The private investors are fools to slaughter quite frankly. Okay , traders will want the 5-10% cut from any pump , but long term holders of this share are screwed . If the Directors are not buying any shares and they haven't really since April 2022 , then surely , this means the board of directors do not see any value in this share price. Either that or they are predicting the company is still in down trajectory .

Investing in Novacyt was my worse ever decision in life . It's cost me 5 years of my life slogging in work and the cash I have put into this.

Click recommend if you think your investment in novacyt is in serious high risk with Lyn Rees in charge as CEO

The next news we going to get from Novacyt will be in late April 2025 and that's only because of legal requirements to discuss last years results and business strategy .

I doubt very much Lyn Rees would be resourcing any funds into Primerdesign for the development of a rapid H5N1 LFT let alone an all in one LFT for Covid-19/ influenza A+B / RSV / H5N1 . All funds are going into Yourgene. Don't forget Primerdesign 'engine and driver' have been dismantled.

This time next year 2026 , cash in the bank will be £15 million , unless these BOD can stop the cash burn.

The question is, have the BOD created any investor growth in this share since the taking over Yourgene ? Has Lyn Rees and the R&D directorate created anything to interest the market with any significant contracts ? Invesing money in Novacyt is very high risk and at the mercy of these BODs. Are the BOD riding is company as a lifestyle cash cow or will they create a company thats going to be mid cap. You would expect Lyn Rees has been with Yourgene since 2018 and Joanne Mason has had this role with Yourgene for several years , you would think they would have a visionary business plan by now to turn this company round. They have had the Novacyt cash since 2023 , which is burnt down to £30 million. Every month £1.5 million is burnt.

Thank you Bowtie , i very much appreciate your post. Hope we long term holders do get our money back.

HighFin1, give your brain a good shake and wake the f**k up. Your are too emotionally in love with this company to rationalise . Clearly your average must be 50p -80p and so not losing much. But if you are a long trm holder holding at £2+ then you going to be feeling the pain. My average is £5.82 and that is a £600K loss on paper [total invested £660K ]

I am not emotionally in love with this company . I want my investment back simple

I want to see a return of my investment with Novacyt. It's my hard earned savings. I have worked really hard for years to generate that cash , working 7 days a week and 8-12 hour days. I want the BOD at Novacyt to give us a business model that's going to transform this company into a profit making company that can 'grow' into a mid cap organisation. Since Graham Mullis and Anthony Dyer walked away with £10 million LTIP , this company has spiralled down from £12 to 0.50p . The long term share holders in at £2+ have been decimated completely by this company.

Without that VAT return , Novacyt are burning around £1.5 million per month in cash . Thats around 2 years left for them to run out of their £30 million before they go into debt and put in a placing. What a disaster of a company. What have they done since April 2021 for shareholder value. Once Graham Mullis and his close pal , Anthony Dyer walked away with £10 million following conning shareholders and reaching that LTIP.