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Mirror123456

Go back into your little hole you sad deramper

The fall in share price on Friday was dramatic ,oversold and played out by market makers to take out weak share holders . This is how market makers play their games to make money !

The fact remains clear that novocyt have been generating revenues just under £1M / day over Q1 . This is amazing and proves novocyt are way ahead of the game with others trying to still make money. It is a company that is doing brilliant !

Now that novocyt are not extending services for the DHSC , novocyt can and will concentrate more resources , and tap into the private and international market sectors to replace that missing 50% shortfall from the DHSC contract. The world covid-19 diagnostic PCR testing and private sector markets are far more lucrative than this DHSC contract.

There is £70B revenue of covid-19 diagnostic testing to tap into from international and private covid-19 diagnostic testing .

Look at the R&D RNS 24th February 2021 in detail and its exciting read. I have taken an extract from it :

'' Of note, following its launch, our PROmate™ test has been well received by users and opens up new opportunities for rapid PCR testing, including in private testing markets. In addition, we look forward to presenting exciting long-term plans for Novacyt during Q2 this year as we continue to define our strategy for delivering sustainable, long-term growth."

 

There must be data available to show what proportion of investors are bought in and averaged from £4.50 ( and similarly on the french market ) and therefore in red . My guess is its probably 80%. That would be a very large proportion of investors screwed over currently.

What concerns me is the lack of clarity and positive RNS on winning contracts. As stated in RNS yesterday that novocyt are receiving 50% of total revenue in Q1 from private sector , which is around £30-40M . Then , why are we not getting RNS on these that are £500K - 1M+ deals ? This would surely give investor encouragement and positive sentiment.

If you stand back and assess carefully the tone of GM's comments over his last 2 major RNS , 29th January 2021 & 9th April 2021 , his tone of comments is basically geared up to deramp this share price , bring it down . No CEO with good intentions and wanting to protect shareholders would want to use negative comments but would try and turn a positive spin on information. Clearly , is GM looking to shake out private investors out and want a take over or is he gearing up novocyt to buy up the shares cheap. ? ... there is something not right here.

Locked and loaded @09:38

That reply from GM to porky9 email was following 29th January 2021 RNS , and so yesterday RNS was nothing short of bad wording and no lessons were learnt by GM

There must be some positive RNS to come from the BOD @ Novocyt soon as they are making profits from selling their products. The CEO said last year he wants to build Novocyt into a £2B organisation so why has his tone been less than positive in last major RNS . There are huge number of investors bought in from £5+ and are now losing a lot of money on paper. We need some positive RNS from BOD to bring back good sentiment feelings and people to reinvest in the company. What are general thoughts of investors thinking now what will happen ?

What we need now is a Billion dollar plus US contract from the Americans and Novocyt can stick to fingers up UK GOV.

I have a few points to discuss: 1. What was all that about from Mandy , the investors representative from novocyt saying ' no news is good news ' . Is this good PR from the company ? 2. Still 3.4 million ncyt shares have been bought today from UK end . This gives me hope & confidence for future.3. This looks like a classic take over plan to shake out the superficial private investors , hence the tone of the RNS today . 4. The CEO bought £500K worth of ncyt shares @ £8.17 , surely he knows in his mind that this share price will shoot up ( has he already made the informal deal of take over vy pharma company )5. Market cap of Novocyt is now £ 300M . Did the CEO not say last year he wants ncyt to be a £2B+ company ? So what's changed , has he now been tapped up by potential takeover pharma company ?

roleybirkin
I guess you could be right with what you say , but I would also go as far as say that MMs will also accommodate their mates / favoured investors to best deals which they would create at the expense of private investors who are at the lowest level of this investment pyramid chain.

roleybirkin
My feeling is that MMs are given instructions to do what they do by big investors (or their banker mates )and make a good profits for themselves from these big investors.

If you look @ novocyt share price today @10:15 , it had shot up within 5 minutes from around £6.90p to £7.30p and then back down to £6.90p all within few minutes. My guess is MM were bringing in their favoured investor to buy huge volume @ low price of £6.90pm and then sell @£7.30p , thus making a cool 40p profit within few minutes. All corrupt imo

French going into third lockdown , covid-19 rates going up and yet its shocking they have not awarded their very own novocyt any contracts to help them get out of jail. A contract from French of €500+ would be massive for this company towards being an £5B+ organisation.

Maddog8 @10:30

Thank you for the link , I had a feeling some company could be dumping 1 million shares this Wednesday onwards ..... I wonder how much the share price will drop by ?

Maddock

Thank you for the link , I had a feeling some company could be dumping 1 million shares this Wednesday onwards ..... I wonder how much the share price will drop by ?

From my memory can someone confirm some company that were given a few million shares from novocyt are expected to be dumping 1 million shares this 31st March ?
I guess this will bring the share price down further. Great time to buy more @ that price me says .

wishlknew2020 @ 19:32

I read this article few weeks back and whats happening with novocyt indicates a take over , and my guess is that its going to be the French company Sanofi . One of the French brokers (ODDO) reduced novocyt's value to 8 euros or something , I can't remember the exact figure . The fact is I wouldn't be surprised if Sanofi have got ODDO and others tapped up to buy out novocyt . IMO

You can see that the MMs are deliberately keeping this share price down .. this share price is completely divorced from novocyt . Novocyt could be making £2M per day but this would not be reflected in the share price as it stands

Johnnykipper @ 20:40

You watch there will be an huge upsurge of influenza deaths next few winters. I would know as a full time GP in UK.

How do you explain the SP dropping other than manipulation by MMs , and this after fantastic RNS ! It's crazy and unbelievable how these bankers are creaming off profits