Member Info for Wilson63

Diagnostics and first responder,

As detailed in the Company's full year 2021 results, Novacyt is seeking to drive value by deploying its capital to deliver inorganic growth in parallel to its ongoing R&D investments. This has included accelerating the molecular portfolio ahead of organic R&D through a distribution agreement covering eight new PCR assays. The assay range will focus on detecting sexually transmitted infections and will be available for launch in Q4 2022."

Just in case you missed this yesterday, strategy Q4 as they said months and months ago bread and butter money as you call it or in actual fact your at it.

Football and boxing for me have a good weekend all.

Yep agree Kaeren looks like the company got monkeypox right by just going for Ruo status, even though we((me included) we're calling for further accreditation, bioinformatics obviously told them there was no need for mass production,
Diagnostic first responder that's what they should be known for.

CS yes there is a strategy as in the two Rns's I posted yesterday but they were started if I'm honest when DA came on board which wasn't his fault, new product take a long time as we all knew/know finally getting in to that period.

This has included accelerating the molecular portfolio ahead of organic R&D through a distribution agreement covering eight new PCR assays.

With whom? Have I forgot? Do we not know yet(not launched yet obs, soon pse)

I'm reporting factual information they don't get anything until that amount and nobody especially not you will tell me to have a day off with your no shares.

Harchris I'd expect us to have burnt through half of our allocated r and d budget of 10 mil by June so will be using 94 mil cash as my base line for June.

P.s Loyalty I've always thought of as my best trait, looking at this sometimes it may also be my worst.

Off Driving.

CS you said

the point is that we are invested in a company with best part of a £100m in the bank, good science and a great covid portfolio. it is not a gamble of a mine in some 3rd world country.

are you saying that i need to prepare myself or be willing to losing the lot?

There's quite obviously an agenda against the company not helped by the board see my first question yesterday that I sent re investor meet company.
However it was said from a long way out we had a wait which hasn't helped

"Novacyt believes that some of these R&D projects will start to be commercialised in 12 months' time, with other developments taking between 18 and 24 months. The Group will also look to supplement these strategic initiatives with opportunistic inorganic growth as outlined below."

Source

https://www.lse.co.uk/rns/NCYT/full-year-results-and-update-on-growth-strategy-g50l2mdiejjinkj.html

I'm sure we have product launches due in Q4 but as I don't keep notes I'm not going through all of the rns's on saying that

"In line with Novacyt's strategy to maintain its position as a global first responder, the Company launched a research-use-only (RUO) monkeypox PCR assay and is developing an RUO assay for adenovirus F Type 41. In addition, the Company has signed a contract with a leading global non-governmental organisation (NGO) to support the detection of arboviruses, including dengue, Zika and Chikungunya, with the total value of the first order approximately £220,000."

Source

https://www.lse.co.uk/rns/NCYT/trading-update-and-progress-against-strategy-t38pnes79ow0z6i.html

Should due to the terrible situation in p.a.k.I.stan be getting used up quickly.

Ah here it is

"As detailed in the Company's full year 2021 results, Novacyt is seeking to drive value by deploying its capital to deliver inorganic growth in parallel to its ongoing R&D investments. This has included accelerating the molecular portfolio ahead of organic R&D through a distribution agreement covering eight new PCR assays. The assay range will focus on detecting sexually transmitted infections and will be available for launch in Q4 2022."

from the above Rns they cannot be launched quickly enough as the company expect them to sell well.

Ltip

The baseline for TSR is based on the average closing price of the Company's shares in December 2021 which was £3.54. This will then be compared to the equivalent figure in December 2024.

So fag packet 3.90 by December 2024 for the board to get anything.

Source

https://www.lse.co.uk/rns/NCYT/long-term-incentive-plan-gjk5fnz9rr1jyh0.html

Think lots of people are fed up CS, just depends how you conduct yourself around your investment. I'm sure some have considered visiting the company but that's just fiction from our schoolboy days. Screamers with minimal holdings really want to grow up, anybody who feels upset about that ask yourself can you afford to lose the money? Nobody likes to lose it but there's a difference.

Valju it's absolutely rancid about here at the moment, however someone is allowing that opportunity to arise, I agree with harchris they must have something to say next week, I'm even hoping some q4 announcements slightly early...hope being the operative word. I'm

Johnny19 agree on all points.

Ok I'll get the ball rolling I thought 3 questions would be enough and I've asked them in a way which will hopefully receive a response.

The share price has sunk in the last year under your tenure, can you tell us why you have done virtually nothing to prop the share up.
Question 2:
Your M and A strategy must be very thorough as you still have not bought an accretive bolt on company, can you advise us of an approximate timeline without of course breaching confidentiality.
Question 3:
Co prep was at customers request how many have you sold.

Of course some on here will tell me I can't ask some of the above, I can ask what I want
Just remains to be seen if they reply to any.

Sent above through investor meet company link which is very easy to register and use.

Caveman an excellent summary.

Are there any on here?

CS some of what you say has justification, however calling your invested company Nova*****(my stars) really doesn't, anyway big night out here so I'm off to make myself look presentable!!!!.
Have a good weekend everybody.

CS yep you certainly sound like a holder with that post, less subtle than your usual downbeat posts.

I now know what a change manager is

Change managers are responsible for monitoring and supervising changes to business processes and systems, technology, job roles, and structures within the organization and play a crucial role in ensuring that staff members embrace the change. They ensure that change projects are implemented on time and within budget.

Exmex, sorry for being thick "ex shell change"?

The answer is Eye of the Tiger....what is the question?

Maybe you could put that as your number one question what are staffing levels.?
Second question you have no money what are you going to do about it(sic).

You have no tests other than covid(sic)what's your plan?

Or you could ask.
Have you managed in your 11 months in charge to make the company workforce a leaner more dynamic entity that you feel can successfully be driven forward given much needed shareholder value.

Next

You have taken a cautious view to m and a to make sure you add other companies that will add to our portfolio, is this process near a successful conclusion?

My National savings investments have made me 10 per cent in the last 12 months, whilst this share has lost me a large amount, how are you looking to change this situation.?

There you go bit of appropriate question with an undercurrent of dissatisfaction, difference, I hold.

Valju I'm likeing this, HHH and can I have a lift pse:))

This is where our lab in a box should be able to help "the world health organisation in ****stan

https://www.bbc.co.uk/news/world-asia-62907449

waiting on it coming back from labs is just daft.