Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
You're tyring too hard, it's starting to look pathetic.
Here they are trying to pump it before placing.
Fluff talk but the numbers don’t lie.
TB has had years talking and simply the model format does not work. A small amount raised will not see this company through as it needs to continue investment to grow.
Therefore it needs a big lump!!
This is where TB uses the UK market to raise funds and they are good at manipulating the SP before raising cash. You see it time and time again.
1mil at 0.3p is 333,333,333 million shares!!!
That’s what will happen here. Buying now is either manipulation or a little naive imo!
It’s a poor read fully of wants and hopes but the grim reality is they won’t become cash positive as to get anywhere to keep the wheel moving for growth you need to keep throwing more and more cash in or it stagnates and stops moving.
I feel it’s stuck and the problem is the exclusivity and limited reach of large turnover.
Stay clear imo.
Https://www.londonstockexchange.com/news-article/EISB/year-end-trading-update/16343469
Directors talk . net 20th February
"the sales team optimistic about closing more deals in texas & nevada" etc etc. further to read in yesterday's *************, like i mentioned a couple of posts back.
https://*************.net/east-imperial-expands-luxury-beverage-presence-in-us-and-new-zealand
waiting on funding news ofcourse that'll come but
anyway, "pessimists need not apply"!!!
Why would anyone give Burt more money (has has already raised £9m since listing in London in 2021) to carry on with his flawed strategy? Soft drinks is a volume business. Yet Burt wants to be selective regarding the establishments in which his products are to be found. The only way this company can raise the new money it needs to survive is with a new CEO and a new strategy.
NFTs , I would agree with most of what you said there. last year the company had to settle for CLN's which are obviously inferior to a placing, so whether they can get a meaningful placing away is debatable. It is difficult to see them getting more than a million. More likely under 500k . Why they don't just try and mirror Fever tree in terms of margins & strategy beats me. Seems logical to me and even FT is finding the popularity of their product is waning . It is ok sitting on the sidelines. I feel sorry for the shareholders but I did say to Toplocks sell at 1p and revisit the situation after 6 months.
The problem with this whole ethos here is TB is far too particular with the high end mantra of this very simplistic product.
The only way these type of brands work is large turnover and smaller margins.
If it was a fine whiskey or something more substantial then I can get the high price but this is just a mixer and they simply are no better regardless of what they state than Fevertree.
I simple do not care if it’s got the juice of some rainforest berry only found in a particular mountain far far away when it’s the basic taste and price that really matters when I buy it to go in my drink!!!
It’s just never going to work! On this current price platform and exclusivity scale.
Fevertree works because it’s nice good product well branded and much cheaper product.
I realised end of 2022 that the expected profit forecasts were well out and that the likelihood was that they won’t get profitable and the earliest this company with a growth platform which means it needs to invest its profits to grow meant it won’t succeed.
They cannot scale the business on this exclusivity direction fast enough without a lot more cash injection.
So here we are once again at a cash calling. TB only brought the listing here to UK as they were informed it’s the best place to raise money on the market.
Problem is the market is tight now and these companies have been seen too many times using the UK stock market as a cash cow.
It’s been done to death this scenario and this company is sticking out as a rinse and repeat cycle.
It’s astonishing really that they can get away with asking for more cash.
It’s going to fail. That’s it!
Got down to my 0.5p target, now for the placing , what will it be 🤔🤔
You clearly cannot read. I state below 0.3 and I stated at 1.1 it will drop to 0.5 first and that’s exactly what happened.
NFTs - you clearly have an agenda here. I'm not a holder but it's blindingly obvious what your game is - placing below 0.15, jog on.
Just a follow up to my earlier post after a little more thought
It seems that there have certainly stopped the ability for online ordering of East Imperial beverages - but I'm not entirely sure if they have pulled out of Australia entirely. I just had a look at Dan Murphy's which is a huge liquor retailer here - and they were a stockist - but seems there is little availability on that site at the moment (and seemed limited to one State) . They may still be doing some wholesale selling and distribution into bars but I can't confirm that - but certainly the online ordering side has ended
RNS Number : 6763D
East Imperial PLC
19 February 2024
19 February 2024
East Imperial plc
("East Imperial" or the "Company")
Result of General Meeting
East Imperial, the global purveyor of super-premium beverages, announces that at the general meeting of the Company held earlier today, all resolutions were duly passed.
Same set of individuals, said countless times they've sold but like a bunch of vultures circling, nothing better to do. Not appreciating those still invested, can make their own decisions & minds up.
Giving up Australia, I rather think the reason is, has become less economic & achieving greater success & concentrating on the U.S now & in particular affluent California, Florida & Texas has been mentioned too, where they have a team exploring, mentioned last year. Give U.S time!
I'm not going to keep replying here to some nonesical ' & scare- mongering'
You cannot say you were not warned here. It was obviously going to sink anyone still holding the baby had plenty opportunity to cash out higher and wait. Any raise here will be substantial discount. Holders will be heavily diluted and probably CLN’s will be included to protect the loan of cash. Still heavy sell here for me until probably 0.3 or lower.
You could order on line there so his spin even then was pathetic
Old news but still relevant. Dec 2021
https://theshout.com.au/east-imperial-comes-back-to-australia/
That is incredible. The Aussie market where they have been in for years and had a sales team operating is hugely bigger than nz. Indicates winding down . One new announcement for usa said they had got an executive floor of one hotel numbering 27 rooms ! Even with two g and ts for every room every night that is tiny business. A single Wetherspoons would do more each night . The CEO is a charlatan. Company should have been investigated for stopping production and not advising that whilst at the same time pushing the story . I lost big but at least not lost all ….. which is sadly going to happen to others .
Makes perfect sense, right davethechef? If you are New Zealand based company you pull out of Australia to focus on more competitive markets like the UK. Burt, the master marketing guru. I guess you will be adding to your shareholding soon.
Https://eastimperial.au/
"Sorry we are no longer available in Australia"
Not sure if this has already been mentioned or not - but they have pulled out of Australia
Wrong again m007j, I've mentioned a couple of times last year that Tony had said he'd be entering the U.K. He'd said this in the last quarter of 2022 I seem to remember, hopefully appearing in the U.K in 2023. But obviously accelerating sales & venues in the U.S has been his primary objective along with re- igniting APAC. Which is he & his team are achieving I believe. He's had a couple of challenging years primarily turning around fortunes in APAC, as he's mentioned. We've expected the likelihood of the U.K from what he's said in 2022 but it's hasn't been in his best interests, as mentioned. Right decision.
Always my intention of a long-term investment in East Imperial, It'll turn- around.
I've been more focused lately on my investment in Microsalt( SALT) which I've been in since the day after they listed. I may well sell some of those profits to top- up here soon, but I' ll see how the next news pans out here.
Entering the U.K
Interestingly, they've sold 32m bottles in the last two years which begs the question just how slim are the margins to make a gross profit of just 53k.
So disappointing. Burt gets one thing wrong after another. Clearly not up to the job. Needs to go and go soon.
Also davethechef is waiting for news that the company will soon break into the UK! Which although Burt has repeatedly pointed out is the most competitive market in the world when it comes to premium mixers davethechef somehow believes this will prove to be the salvation of the company despite it have so far spectacularly failed in other much less competitive countries.