Novacyt Share Discussion Threads

[eastender boy] 01/3/2021 11:50

Morning All,

Well its been a bit of a rollercoaster in share price since the results.
Lots of people talking about PCR V LFT.

Here are a few facts that people cant argue with or make up as they are from the UK gov testing website.

* There has been more PCR tests done in the first 2 months of 2021 than the last 2 months of 2020

* In the first 2 months of 2021, there has been more PCR tests than LFT by a factor of 2:1

* Using the data from the first 2 months of 2021 and extrapolating for the remaining 4 months until NCYT half year results(using the average 7 day PCR number of tests) H1 2021 UK PCR tests = 46.5m H2 2020 UK PCR tests = 44.6m
NCYT revenue was £213m FOR H2 2020..

* These gov stats don't include the 200+ private clinics that are being set up to service the international air travel



For what its worth, my view is that there is a need for both PCR and LFT going forward.

LFT when you need a quick throw away result to enter a concert/schools etc.
this is a cheaper, quicker but less accurate way of testing but gives you a practical way forward to open up certain venues with an acceptable degree of risk involved.

PCR when you need to be 100% accurate the person dosnt have covid before being admitted. these include hospitals, flying to/from abroad etc.

Then there are the space in between for example where you need an emergency operation and cant afford to wait for a covid test to be sent off to a lab for testing. this is where the NCYT portable test comes ins. I believe every hospital that do operations will have at least a couple of these moving forward.

The share price has fallen way to far compared to its turnover and it will be seen as a minor blip in the long term scheme of things shareprice wise unless it is taken out before its allowed to show its true worth.

[montyhedge] 01/3/2021 11:41

I would hope it's Novacyt, nhs know Novacyt testing kits work well.Of course back in September when won contracts, another repeat of this, get the shareprice going again.This is what we want to see again.http://www.pharmatimes.com/news/novacyt_signs_deal_with_uk_government_for_covid-19_testing_kits_1351814

[montyhedge] 01/3/2021 11:22

Hopefully it's Novacyt.

[daniel levi bmd] 01/3/2021 11:18

FYI

My Health Checked: Rumour of Huge Covid Testing Contract....

Dan
x

[fuji99] 01/3/2021 11:13

The Brazilian variant starts to worry health officials: - - -

[montyhedge] 01/3/2021 10:26

You will make money, like I said it's a news driven shareprice. We know the fundamentals are there to back it up.

[undervaluedassets] 01/3/2021 10:10

Raided the piggy bank and bought a few more.. (really breaking my rules re asset allocation now (11%)). But this is a cash machine.

It is always a case of "count the cash" for me with stocks.

[undervaluedassets] 01/3/2021 10:05

I think it is the same person for both personas

[mcrudden] 01/3/2021 09:57

Yes getting boring now lol

[montyhedge] 01/3/2021 09:31

He rejoins everyday he must be running out of email addresses to registered.

[undervaluedassets] 01/3/2021 08:41

Share like this lose traders in the end and they are replaced with investors.

Investors arrive here in the end because the fundamentals are good and the rating cheap.

[montyhedge] 01/3/2021 08:33

I know Novacyt is a news driven shareprice for momentum traders, but even on fundamentals it's cheap.

[andrbea] 01/3/2021 08:28

With brh (down 22%) giving a further update in late April (on its test) and still to obtain a CE mark, it shows how far ahead of the curve ncyt has always been, but with scant gratitude from the market in terms of a high share price and a modest PE.

'bout time ncyt (always ahead of the technological curve) was rewarded with a higher SP, at least £13/share

[fuji99] 01/3/2021 08:21

Two things to retain regarding NCYT testing for those not aware: 1/ Provide testing with additional information on the type of variant and 2/ Getting subcontracted work for all positive results from other companies without this expertise in order to determine if people are infected with any of the new variants. NCYT is working hard on a database in identifying the fingerprints of new variants by monitoring all new mutations worldwide.

[montyhedge] 01/3/2021 08:19

32 million testing, twice a week, how many tests is that over a school term.

[smraynot] 01/3/2021 08:19

Test test test the way forward. Just need the RNS confirming phase 2 for a Marvelous March Monday. 🔵🔵🔵🔵8309;

[undervaluedassets] 01/3/2021 08:16

I think that every 3rd word on radio 4 news is the word "test" or "testing".

[montyhedge] 01/3/2021 08:14

Mass testing begins, 32 million, twice a week.https://www.thesun.co.uk/news/14185862/mass-covid-testing-blitz-schools/