Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Also, NYCT and other partners can’t possibly service the world’s testing needs so there is room for others.
It’s more whether that distracts traders/investors from putting their money into the number one company.
If I wasn’t already in since £1.22 I’m not sure if I’d still be in now but the fundamentals are unchanged and promise of good numbers to come so still holding.
He seems very switched on and taking the company on a transformative journey.
I’m interested in his published track record of securing exits on a few previous companies, to be fair I doubt that he has much time to be considering a takeover offer at the mo but who knows?
I think it’s great news but still feels a little understated by the company.
In real terms looking at last year or two, the molecular division has seen revenue of approx £6m per annum meaning that in April they’re already around 15x their normal annual sales.
It’s a game changer for the company.
To clarify for the benefit of some posters, when I contacted the CEO I wasn’t asking when a RNS was going to come out.
They are clearly working really hard to keep up with demand and transform how they work - I like that they are planning on how to meet the unprecedented levels of demand.
Think people should chill about when a RNS is due.
Yes I was really impressed to get a prompt and friendly response. He didn’t have to.
Sense I got was that they are working really hard to keep up with the demand and are braced for doing this for some time.
So this is not going to just go away tomorrow imho
I contacted the CEO Graham Mullis at the weekend and was heartened by his response.
The gist of it was that the company are working hard to do the right thing but that this is just the start and that there’s a long way to go.
In other words, they will be working hard for some time to keep up which can only be a positive.
I’m not in a position to offer you advice, only observations.
Remember that a loss is not a loss until you sell, a gain is not a gain until you sell.
If you believe in what you’re buying and the basics of the company are the same, stick with it.
This is why you don’t use money that you need urgently - it forces short term decisions which normally means limiting losses rather than waiting out for gains
Last two weeks it’s been RNS Wednesday, just saying - who knows when it’ll come.
Mirroring market sentiment today on a wider basis with almost all of my watchlist in the red among with the indices. Always more pronounced with more volatile stocks like this.
Not panicking...fundamentals unchanged
I wonder why NCYTs RNS yesterday afternoon on manufacturing and R&D had news of demand in Saudi, Indonesia and India tagged on right at the end, rather than being a separate RNS?
Feels like drop feeding good news would keep reassuring investors rather than bunching all recent news up together...
I was in this one a while ago but sold when the market collapsed. Waiting to decide when to get back in.
I like a lot of the new energy companies and hope that in time they will be in the ascendency. Just have to cope with the volatility at the moment! That said, this is a long game one for me if I get back in I suspect!
I was in this one a while ago but sold when the market collapsed. Waiting to decide when to get back in.
I like a lot of the new energy companies and hope that in time they will be in the ascendency. Just have to cope with the volatility at the moment!
I was in this one a while ago but sold when the market collapsed. Waiting to decide when to get back in.
Wondered how quickly it would recover from reputational damage last year ie Jeremy Kyle etc but it did. Advertising revenues and lack of big sporting events will be a real pain for it this year.
Anyone hopeful still?
I was in this one a while ago but sold when the market collapsed. Waiting to decide when to get back in.
I’ve been amazed by the unstoppable growth of this one and even when the crash happened it stayed strong.
Gaming is surely an industry that can still thrive?
I was in this one a while ago but sold when the market collapsed. Waiting to decide when to get back in.
Always felt this was really reliable if not exciting and can’t see why it shouldn’t continue to be so. They’re cutting their cloth accordingly.
Was thinking the same re a new baby boom between December and March next year!
Also the Boots tie-up looks encouraging.
Minuscule SP compared with even 12 months ago
I was in this one a while ago but sold when the market collapsed. Waiting to decide when to get back in.
Do we think that being on lockdown may mean more demand for magazines? Especially online?
Did think it had outgrown itself SP-wise a few months ago
I was in this one a while ago but sold when the market collapsed. Waiting to decide when to get back in.
Always very reliable but do we think that consumer habits will change and people will have got used to not buying more ‘optional’ clothes and gear once the lockdown is lifted?