What’s your big gamble? (Volume 3)
Discussion
Phooey said:
Another stock I considered a few weeks back was TGR. Thought it was a bit hyped on Twitter so walked away. What a good week for TGR thanks to the media attention 
Unfortunately I bought TIGR right at the top of the spike last time around, so still waiting to be in profit, about 12% down now.Edited by Phooey on Friday 11th June 19:58
21ATS said:
Sold out of EUA today. Something just doesn't "feel" right at the moment. Time will tell if my gut feeling is correct or not. I'm not done with it and may go back in.
Put it in NCYT looking for the recovery play.
Interesting, what was your average buy in?Put it in NCYT looking for the recovery play.
Does it not feel right short term only? Otherwise not sure why you would contemplate going back in.
I am clinging on in the belief the board have been fairly straight and done what they said they would, so I think the div will happen and surely must be soon (the size I am not sure on)
Adam. said:
Interesting, what was your average buy in?
Does it not feel right short term only? Otherwise not sure why you would contemplate going back in.
I am clinging on in the belief the board have been fairly straight and done what they said they would, so I think the div will happen and surely must be soon (the size I am not sure on)
My initial buy in was at 12.5p - I added at 35p. I sold out yesterday with a very small profit after watching the SP slide daily.Does it not feel right short term only? Otherwise not sure why you would contemplate going back in.
I am clinging on in the belief the board have been fairly straight and done what they said they would, so I think the div will happen and surely must be soon (the size I am not sure on)
I don't grasp why so many new shares are being issued on a company that really doesn't need new shares to be issued if it's being sold.
Who is the II that bought $20m at 26p? Why won't they tell us.
It's opaque. There's a niggle in the back of mind that I've been here before so I decided to remove my investment before it slid into the red. For some reason I just feel it's going to drag on.
Of course the big RNS will likely land monday now!
I was in NCYT anyhow - but with the Innova news last week and the increase in covid cases I felt the money was better there. Plus I feel NCYT is currenlty massively undervalued compared to it's income. To the tune of at least 3x.
21ATS said:
My initial buy in was at 12.5p - I added at 35p. I sold out yesterday with a very small profit after watching the SP slide daily.
I don't grasp why so many new shares are being issued on a company that really doesn't need new shares to be issued if it's being sold.
Who is the II that bought $20m at 26p? Why won't they tell us.
It's opaque. There's a niggle in the back of mind that I've been here before so I decided to remove my investment before it slid into the red. For some reason I just feel it's going to drag on.
Of course the big RNS will likely land monday now!
I was in NCYT anyhow - but with the Innova news last week and the increase in covid cases I felt the money was better there. Plus I feel NCYT is currenlty massively undervalued compared to it's income. To the tune of at least 3x.
I have heard NCYT mentioned in a few places. I don't grasp why so many new shares are being issued on a company that really doesn't need new shares to be issued if it's being sold.
Who is the II that bought $20m at 26p? Why won't they tell us.
It's opaque. There's a niggle in the back of mind that I've been here before so I decided to remove my investment before it slid into the red. For some reason I just feel it's going to drag on.
Of course the big RNS will likely land monday now!
I was in NCYT anyhow - but with the Innova news last week and the increase in covid cases I felt the money was better there. Plus I feel NCYT is currenlty massively undervalued compared to it's income. To the tune of at least 3x.
Tempted now. I’m going to sell some IAG and move to NCYT.
Aiminghigh123 said:
I have heard NCYT mentioned in a few places.
Tempted now. I’m going to sell some IAG and move to NCYT.
I scribbled NCYT on my list that I keep next to my computer a few weeks back. Interestingly heard it mentioned on Vox with Zak yesterday - FFWD to 5:59minsTempted now. I’m going to sell some IAG and move to NCYT.
https://www.voxmarkets.co.uk/articles/traders-cafe...
21ATS said:
I was in NCYT anyhow - but with the Innova news last week and the increase in covid cases I felt the money was better there. Plus I feel NCYT is currenlty massively undervalued compared to it's income. To the tune of at least 3x.
How do you judge this? Pre-covid they were a loss making £10m revenue business. Their current performance is fantastic but surely it's entirely linked to the covid products which are likely to have a finite lifespan.They might have dropped to ~30% of their peak but they are still 20x from the start of 2020 which suggests their sustainable businesses is valued at very little and the valuation is all in how long the covid boost is sustained.
egomeister said:
How do you judge this? Pre-covid they were a loss making £10m revenue business. Their current performance is fantastic but surely it's entirely linked to the covid products which are likely to have a finite lifespan.
They might have dropped to ~30% of their peak but they are still 20x from the start of 2020 which suggests their sustainable businesses is valued at very little and the valuation is all in how long the covid boost is sustained.
Accounts are due at the end of the month.They might have dropped to ~30% of their peak but they are still 20x from the start of 2020 which suggests their sustainable businesses is valued at very little and the valuation is all in how long the covid boost is sustained.
Best guesstimates are there is north of £100M in the bank and revenues north of £15M p/m with the DHSC dispute income already excluded.
Current Mcap circa £250m
They are rolling out products worldwide at a rate of knots.
Assuming covid is finite is the judgement call here. I don't think it's as finite as we initially first thought, in fact I think sustained testing is the future due to mutations of the virus. The revenue being generated by this income stream appears to be being heavily reinvested in other product lines outside of covid specifics.
With Innova LFT being slated as not fit for purpose and the research on the face of it appearing to be "faked" it opens up an opportunity for NCYT to step in. https://www.independent.co.uk/news/health/covid-us...
I'm investing in their prospective future performance, after the recent drop they looked good value to me with the DHSC dispute already built in. If that's settled in their favour then it will gap up again.
On which point there was a tweet re the dispute yesterday:-
https://twitter.com/Larry64450205/status/140357017...
Increased my holding to 12,000 shares.
Edited by 21ATS on Saturday 12th June 09:39
21ATS said:
Adam. said:
Interesting, what was your average buy in?
Does it not feel right short term only? Otherwise not sure why you would contemplate going back in.
I am clinging on in the belief the board have been fairly straight and done what they said they would, so I think the div will happen and surely must be soon (the size I am not sure on)
My initial buy in was at 12.5p - I added at 35p. I sold out yesterday with a very small profit after watching the SP slide daily.Does it not feel right short term only? Otherwise not sure why you would contemplate going back in.
I am clinging on in the belief the board have been fairly straight and done what they said they would, so I think the div will happen and surely must be soon (the size I am not sure on)
I don't grasp why so many new shares are being issued on a company that really doesn't need new shares to be issued if it's being sold.
Who is the II that bought $20m at 26p? Why won't they tell us.
It's opaque. There's a niggle in the back of mind that I've been here before so I decided to remove my investment before it slid into the red. For some reason I just feel it's going to drag on.
Of course the big RNS will likely land monday now!...
When they announced the FSP was ending it didn't sound to me like they had received any mega offers or that a bidding war had taken place, all sounded a bit lack lustre and not what I had been hoping for. It sounds like the written offer on the table right now is the only hope for a sale ("substantially all of company's assets"). If that fails then I guess we will be mining ourselves with EPC partners like SinoSteel but those take years to get to production before any divvy will be forthcoming.
They've been at it 20+ years already and I want money for wine, women and song NOW not in ten years time. I've never been a singer, latterly wine gives me indigestion and if EUA don't pay out soon I'm not sure I'll be physically of any use to a woman.
If I was in my 40's or younger I think this share will pay massive divvies for many years to come so I'd buy big. As I'm older I want money to enjoy now so need a "substantial" (or "massive" as the NOMAD said) divvy now!
TLDR: Nervous and worries but holding for now.
MikeStroud said:
I feel like this with EUA too, and it is my biggest holding by a country mile. I'm going to stick it out til there is news suggesting that is not the right thing to do but I agree with you the bod are holding back too much information. I appreciate they are (we believe) in the middle of complex negotiations and they need to keep their cards close to their chest but I'm not sure why they can't release at least a few tit-bits.
When they announced the FSP was ending it didn't sound to me like they had received any mega offers or that a bidding war had taken place, all sounded a bit lack lustre and not what I had been hoping for. It sounds like the written offer on the table right now is the only hope for a sale ("substantially all of company's assets"). If that fails then I guess we will be mining ourselves with EPC partners like SinoSteel but those take years to get to production before any divvy will be forthcoming.
They've been at it 20+ years already and I want money for wine, women and song NOW not in ten years time. I've never been a singer, latterly wine gives me indigestion and if EUA don't pay out soon I'm not sure I'll be physically of any use to a woman.
If I was in my 40's or younger I think this share will pay massive divvies for many years to come so I'd buy big. As I'm older I want money to enjoy now so need a "substantial" (or "massive" as the NOMAD said) divvy now!
Pretty much my thoughts. I don't think it's a duffer, I just think the timescales are not going to be what people hope. It's starting to show signs of being a "bottom drawer" share. When they announced the FSP was ending it didn't sound to me like they had received any mega offers or that a bidding war had taken place, all sounded a bit lack lustre and not what I had been hoping for. It sounds like the written offer on the table right now is the only hope for a sale ("substantially all of company's assets"). If that fails then I guess we will be mining ourselves with EPC partners like SinoSteel but those take years to get to production before any divvy will be forthcoming.
They've been at it 20+ years already and I want money for wine, women and song NOW not in ten years time. I've never been a singer, latterly wine gives me indigestion and if EUA don't pay out soon I'm not sure I'll be physically of any use to a woman.
If I was in my 40's or younger I think this share will pay massive divvies for many years to come so I'd buy big. As I'm older I want money to enjoy now so need a "substantial" (or "massive" as the NOMAD said) divvy now!
Being in my 50's I'm looking for Jam today, or at least this year rather than potential jam at some point in the future yet to be defined.
21ATS said:
Accounts are due at the end of the month.
Best guesstimates are there is north of £100M in the bank and revenues north of £15M p/m with the DHSC dispute income already excluded.
Current Mcap circa £250m
They are rolling out products worldwide at a rate of knots.
Assuming covid is finite is the judgement call here. I don't think it's as finite as we initially first thought, in fact I think sustained testing is the future due to mutations of the virus. The revenue being generated by this income stream appears to be being heavily reinvested in other product lines outside of covid specifics.
With Innova LFT being slated as not fit for purpose and the research on the face of it appearing to be "faked" it opens up an opportunity for NCYT to step in. https://www.independent.co.uk/news/health/covid-us...
I'm investing in their prospective future performance, after the recent drop they looked good value to me with the DHSC dispute already built in. If that's settled in their favour then it will gap up again.
On which point there was a tweet re the dispute yesterday:-
https://twitter.com/Larry64450205/status/140357017...
Increased my holding to 12,000 shares.
I think the margins on Covid products will be squeezed considerably the longer drags on, but I'd agree it's here for a while yet.Best guesstimates are there is north of £100M in the bank and revenues north of £15M p/m with the DHSC dispute income already excluded.
Current Mcap circa £250m
They are rolling out products worldwide at a rate of knots.
Assuming covid is finite is the judgement call here. I don't think it's as finite as we initially first thought, in fact I think sustained testing is the future due to mutations of the virus. The revenue being generated by this income stream appears to be being heavily reinvested in other product lines outside of covid specifics.
With Innova LFT being slated as not fit for purpose and the research on the face of it appearing to be "faked" it opens up an opportunity for NCYT to step in. https://www.independent.co.uk/news/health/covid-us...
I'm investing in their prospective future performance, after the recent drop they looked good value to me with the DHSC dispute already built in. If that's settled in their favour then it will gap up again.
On which point there was a tweet re the dispute yesterday:-
https://twitter.com/Larry64450205/status/140357017...
Increased my holding to 12,000 shares.
Edited by 21ATS on Saturday 12th June 09:39
Do you have any info in how the covid profits are being reinvested in non-covid product lines? The pandemic can be a company maker for a whole bunch of companies (and I'd include Novacyt in that), assuming the windfall is invested well.
egomeister said:
I think the margins on Covid products will be squeezed considerably the longer drags on, but I'd agree it's here for a while yet.
Do you have any info in how the covid profits are being reinvested in non-covid product lines? The pandemic can be a company maker for a whole bunch of companies (and I'd include Novacyt in that), assuming the windfall is invested well.
NCYT are very active on twitter (pretty much the only place they are releasing info) on new and future products. I just keep an eye on that.Do you have any info in how the covid profits are being reinvested in non-covid product lines? The pandemic can be a company maker for a whole bunch of companies (and I'd include Novacyt in that), assuming the windfall is invested well.
I wouldn't be surprised by a short dip on the bar shares on Monday - however I think they will be some of the best performers over the next few months. RBG and NGHT are trading well, even with current restrictions - lots of liquidity and might even help them pick up additional bar groups and/or locations.
We are closing this thread and moving onto Vol 4.
https://www.pistonheads.com/gassing/topic.asp?h=0&... - See you on the dark side, it's got parking for Wheelbarrows..
Gassing Station | Finance | Top of Page | What's New | My Stuff