Novacyt Share Discussion Threads

[bobdown2] 16/6/2021 11:02

These levels are a testament to the DHSC department. Mologic joined the queue for settlement two days ago.
The DHSC have been a disaster for the development of English diagnostics.

[jackson83] 16/6/2021 10:44

well well well is it time to top up folks ? uk2day

[travestor] 16/6/2021 04:10

The NCYT share price is held back largely because it is a PI favourite which, in turn, causes it to become a trader’s stock. It has also become a news driven stock, and, because there is not an overabundance of news, it can be held in a range for long periods. The world and it’s husband knows it is undervalued and consequently hoard’s of PI’s/traders have bought in, the latter at least expecting to take a profit on any rise (10% most likely).
With all the negativity / uncertainty around the DHSC dispute it is easy/ier for MMs to keep the price in this low range ensuring traders can’t take that profit, so they get frustrated, cash up and therefore help the MM’s maintain their strategy.
But they can’t hold it forever, and when they have built up their supply of shares and, on any good news, they will let it rise fast (or won’t be able to hold it) and will profitably sell down their supply into the rising market (as seen after the last R&D update which went from c3.8 – 5.7 over a few sessions). When this happens, and the buying/selling frenzy takes a pause, they will drop the price again and attempt to stabilize at a lower range to rinse and repeat the process. We have seen it many times before with NCYT (stagnation in an “undervalued” range) and I suspect we will see it again.
Keep the faith, a rise from this stagnant range (3.30-3.55) is inevitable, and I strongly suspect that 3.30 is as low as it will go because of the buying pressure in the 40’s/30’s is too great (I am one of many topping-up and poised to add more on each dip) and when that news drops the dam will burst, and we know there WILL be news by end of June so not long to wait it out

[the_mandalorian] 15/6/2021 16:37

believe me bob, you do not need anyone pointing that out!

[bobdown2] 15/6/2021 16:10

Sorry I have you filtered..I post independently of most posters.. too many idiots.
If you post that I am one I will not see it

[the_mandalorian] 15/6/2021 16:03

Great to meet UK2DAY over the weekend at the coast. He gave me the inside line tips on NCYT and told me it will be "£35 in weeks" as he spun my waltzer.

[bobdown2] 15/6/2021 15:37

This is either the end of a seller or a concerted attack by a short.
The brave should watch and look for a buy opportunity.?? There is already 35 million pounds of revenue in the first quarter.

[bobdown2] 15/6/2021 15:33

400k a day.. without the DHSC!! Versalab..and the tie up with wrenhealthcare looks a winner. Wren has six major clients. The visible one for versalab is the hilton hotels. The j.v ones have the mobile portacabins in the hotel carpark. Due to cricket at the Ageas Bowl the wren / versalab mobile unit got transferred from a hilton hotel car park to a holiday inns car park.!! Another wrenhealthcare customer.!! The BBC and three other companies make up the wrenhealthcare customers.. three well known brands.. I will hand you back over to advfn.s finest.. what a shower.

[the_mandalorian] 15/6/2021 15:32

there is a contrast seller on the order book with what looks like large volume to shift willing to take lower prices as he moves to unload.

This does not bode well for longs and the day is coming when the board have to fess up on q2 and offer a FY guidance and use actual numbers in the RNS or in simple terms a Issue a profits warning.

aimho.

[bobdown2] 15/6/2021 14:17

We slowly draw closer to the results. The damage done by handjobs department will start to be rectified.. other companies affected by his department could have allot longer before they sort out involvement with the DHSC.
Provisions to the accounts may be required but an end will be in sight.
Quarter one of 35 million pounds will be mentioned and posibly cash as a figure maybe given alongside the provision.
What we need to improve sentiment is a change of attitude towards using british companies that seems sadly lacking. Worldwide revenues will show just how badly the government have acted.?? Not too long to go now.

One of the best corona virus portfolio's in the world.. and maybe one of the worst government departments.? I think so! Revenues and cash will cause the rerate. You cannot hide those.

[jodiemarshmellow] 15/6/2021 13:01

COVID-19 Anxiety Syndrome. This will resonate with a few on here, who appear terrified and continuously concerned about this flu-like virus.

“People who have been double vaccinated continue to avoid, worry, check and clean...

and continually follow the mainstream news to their detriment.”

YouTube:

[mcrudden] 14/6/2021 20:32

How's that short on arb oops Sure you said buy the dip there too Lol

[jackson83] 14/6/2021 20:14

innova gearing up to take on the UK & NCYT ... buy the dip to 250p

[bobdown2] 14/6/2021 19:41

Mologic about about to sue the government for stonewalling its product.
They could have supplied the lft tests cheaper than innova. It is strange when an english government goes to the country where the virus originated and ignored and then tried to harm the english diagnostics companies the capabilities of which it was meant to be building.

[scrabster1] 14/6/2021 18:07

Nice bit of day trading advice there bob a job. Not sure anyone would bother though for 1 pct less the spread.

[bobaxe1] 14/6/2021 17:25

If you want a bargain buy in the afternoon it always pops back up at close of play due to the fact its already 200 percent oversold!//

[dev80] 14/6/2021 16:43

Shut up you moron

[rosco230667] 14/6/2021 16:41

Not really mate depends when you bought

[hotaimstocks] 14/6/2021 15:53

unfortunately this company have let investors down with lack of news on revenue RED FLAG in my book & would not be surprised if we see another profits warning soon.

[transhoneyqueens] 14/6/2021 15:26

top up at 300p or wait for another profits warning or short it

[hotaimstocks] 14/6/2021 14:09

SHARE PRICE HOLDING UP WELL TODAY.. will 334p hold .
surely revenues will drop this year & next so the share price will drift down soon.... I will only top up at 300p now.