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Enuffrmbs were did you find out how many Amazon are selling right now, futura lives or dies on it's current overall repeat orders coming in right now, anyone who can establish futura's repeat orders will make a fortune here by shorting the stock or buying the stock, sometimes the lack of repeat order information can indicate a low level of repeat orders, I may be wrong here though I hope James Barder can dispel any notion of low repeat orders in his sales figures.
I'm not invested at all here though good repeat orders would change my position to a strong "BUY"
10 April James barder might clarify this big important question.
Gla
The challenge, which Coopers and Haleon well know, is how to establish the brand. It’s a marketing issue. At the moment it is clear that when the marketing stops, the sales fall back dramatically. Amazon uk goes from 5-7k + per month to 1 at the moment. So Coopers are not making any money. The award winning campaign was in the £1m plus category for 1 campaign. Do the maths.
What they expect is that half the new people that try it each campaign will become repeat customers. That is not happening or Amazon would drop back to 2-3k per month at least when ads are off.
By the way, the big investors will have media/ad spend trackers (or at least access to them) so they will have a good view on what Coopers have ploughed in so far. We don’t see that.
This will take a lot of media investment from our two main OTC customers.
However for this to realy move we do need to see few RNS with large coroporates buying that wil get this to new heights big time IMO.
I beleieve it will come question is when
No need for a correction since It’s one and the same thing, unless there is dilution which at this point in time is not a requirement.
Should read Marker Cap not sp doh
When a cpmpany gets to this stage of developement the only criteria for the sp is profit.
The sp will go to 10 times annual peofit. It just takes time.
Yes, My fear too, 'more of the same' in a different format.
one sure way to have improved the SP and confidence, would have been for the board to have bought in before the 'closed period'. Let's hope the PR machine has been busy in the background.
The RedX delisting announcement today is a wake up call. Worth over 100p a few years ago, and sub-20p last Thursday, and 6p today - far below its broker valuation of 130p per share.
Sound familiar? Like RedX, Futura has a current share price around £1 lower than its broker valuation.
Being publicly quoted is not for every company, because valuation may become disconnected from progress on fundamentals. It’s a problem that not all company managements and their advisers are up to resolving.
On 10 April, James Barder will no doubt repeat a long list of (known) operational positives over the past year. But one he won’t voluntarily touch on is the share price, which is half its level of 3 years ago, and more than 20% lower than the last time he formally spoke to investors, last September. Quoted companies live or die by their share price. Investors continue to be ‘Doubting Thomases’ with respect to the overall financial worth of Futura’s list of operational accomplishments. He really needs to sing a different song to us on 10 April. We know he’ll re-hash almost verbatim the trading statement, 58% gross margin, additional country launches, tie up with Haleon, blah, blah, blah. We also know he’ll say more about derivatives of Eroxon - packaging, delivery etc, perhaps even usage for women. Will any of this get the share price up to around £1.30, the broker target? I think more will be needed. Actual launch of Eroxon in the US, news of a solid licensing partner in China, sales triggering additional / improved royalties, and news of near term profitability and start of dividend payments. A dividend payout would provide a concrete way of valuing the company, and signal management’s confidence in the company’s financial future, based on its expectations of sales growth and how this will trigger further / higher royalty payments.
It would be very dispiriting to listen to James bumble along as in the past, providing a heavily scripted, largely already known, set of news. It would mean another 6 months at least of a languishing share price. One way or another, that is not a sustainable situation, either for Futura’s executives, or for the company. The far higher value inherent in the company - implicit for years in the broker valuations north of £1 - must be unlocked. If not by the current team and its advisers, then by others with more focus on delivering better share price performance.
In the end, that’s all we really care about as investors.
Comek, I hope you're right, but maybe a nudge might help....
in the past they really haven't given much information away, in fact I've always found the final results pretty poor...but the meetings they after tend to be more informative....but I am not a fan of this board.....but very happy to be proven wrong....
They may include the points you raise in the results release.
Hopefully the results should be exciting particularly looking forward, no least progress in the US. I think they will.
Cheers Darth and Surfie. I've put those into a draft email. Once I get some more things to put in the email I will send it and let peeps know if I get a response.
They do tend to respond but don't really give much away, but what know unless you try....
I'm hoping that they will drill down what units were sold per country release and what royalties they made from each unit. Put some meat on the bones for the future year.
What other products are the company working on or have they been pit on a backburner? If not at what stage are they?
The results are due out on the 10th April and we've already been told how much they think they've made, around 3.3m quid. As we know the amount what else do peeps want to hear from FUM bod...
I want good updates on the US and woud like to see a timeline for them getting the product to market. But I think that will be up to Haleon, so that might be wishful thinking.
I'd also like to hear about which countries are now selling Eroxon and if possible an idea of the amoun of monies they've made between Jan - Marh 24 - again I think this will be wishful thinking because they don't have a large workforce.
What else do peeps want to hear from the bod. I was thinking if I get a list of things we'd like to hear I would email the company and see if the respond on the 10th....
Thanks KD.
I take it thats only listing the European Countries. As South Korea and UAE are stocking?
Https://www.eroxon.es/ this is the link to the Spanish site.
company said earlier this year that they wouldn't release an RNS for each country that went live. Just have to wait for the news on the 10th April when they release their annual figures.
https://www.eroxon.co.uk/instructions - if you go to this site and go to the bottom right hand side of the page you'll see the list of countries. All are live links apart from Portugal and Italy.
Did somebody say they were able to buy Erexon off the shelf in Spain.
I might have missed an RNS ref a launch in Spain. If there wasnt one, looks like they are holding back on positive news for whatever reason.
It is difficult to know exactly what is meant by 10 launches,as 'alunch seems to be a slightly fluid concept.we did have the option exercised by N8 for 14 additional south american countries (a not insignificant thing in itself), but i assume none of these were included in the scope of the reference to 10 new, as they were the result of the option exercise. however, i'm personally not too bothered by whether or not anything is announced, as the important news re launches/marketing is principally the US and china. also im not getting too excited by what figures are given in the results as i still think it is very early days. im more inclined to take a slightly longer term view from the perspective of the current and potential totality of the aggregated markets. there is a map on fum's website which give an indication of the reach. mightily impressive imo. i accept that there will be other views of course.
I was wrong thinking the 10 new countries would be announced this week so guess they will let us know with the results.
Not surprised at no open shorts. Shorts are Usually a bet on a large anticipated drop, possibly after some outcome.
I can not see any significant drop, even if early results are not as expected. Nothing will change. Eroxon will still work, however many new markets will open and demand will pickup. Current market cap only reflects the status quo. There's so much more to come.
From this LSE board:
FUM Short positions.
Open Short Positions in Futura Medical
There are currently no open short positions in Futura Medical.
I dont believe there any significant short positions.
Shorts are closing as the results loom large in the mirro.. They all know it would blow them out.
Bodes well that the 2 countries they have been selling in for 12month, Eroxon has won awards! Don’t see why this won’t continue into all countries! I would also like to see FUM pick back up where they left off with the other potential products or least a timeline to when that will be! What would the SP have been if they’d had the funds & the R&D had continued??? If the company was sold what are these products worth??