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A plc must hold a general meeting (which can be deemed an agm) within 6 months of its year end
albeit opti have only managed this once in the last 5 years
26/07/23
26/07/22
09/07/21
09/07/20
11/06/19
mol
I would think it is for a box of 10 or 12 but being Opti not clear from upload and not from any further doodling i have been doing in the last 5 mins or so
wish they would get it right from the offset - not that difficult Shiraz
mol
£25 a bar seems a bit expensive
Chocolate peanut bar
https://optibiotix.online/collections/snack-healthy/products/snacksmart-indulgence-bar
Uploaded c15 hours ago I think though slimbiome medical still prominent throughout on this one
mol
IMO SOH needs to provide a taster or two in the form of announcement to the market prior to the meet in order to have something of worth.
SweetBiotix progress would be nice or
transfer of PBX to AIM to make it marketable
I don’t think the CEO likes working with the NHS. A missed open goal if you want scale.
Just as annoying as the wasted years with a certain S Hammond on the Board when opportunities like this were going begging (soups and shakes on the NHS)
https://www.england.nhs.uk/2024/05/nhs-expands-soup-and-shake-diets-to-thousands-more-patients-with-type-2-diabetes-across-england/#:~:text=The%2012%2Dmonth%20innovative%20programme,for%20the%20first%2012%20weeks.
Hi Andrew7
You just need to register a free account with www.investormeetcompany.com
Once done, select Optibiotix from the company list & you'll be given the option to submit questions.
Let me know if any probs.
Hi Lord
Where does one go to submit questions for the presentation?
Yes. I saw that. Intensely annoying when a mixture of SlimBiome and Cholbiome would do the trick more naturally. But much extra cost? Unless we had tie up with NHS. Which SOH has been against.
There is a link on LinkedIn of a chat SOH did about this before. However before I got to that, I found this.
https://www.linkedin.com/feed/update/urn:li:activity:7196185337092521984
Https://www.optibiotix-ir.com/content/investors/financial-calendar
With this in mind, I thought about looking for when the AGM is. I've never been to one but his ability to pick and choose questions for the presentation made me think that perhaps a robust attendance from shareholders would help let him know where feelings and thoughts lie.
SOH has always leaned heavily on the claim that he builds businesses, and as such isn't focused on the share price. That was fair enough at the time but 10 years down the line, we are way beyond being a start up and should be holding our own now and enjoying the fruits of our patience.
When I looked at our Financial Calendar above though, there are no dates for 2024 on it. This seems odd. Shouldn't there be a date for the AGM now or at least some dates for 2024?
Heard about this on bbc world service this am
https://www.bbc.co.uk/news/articles/cd188m73vn1o
mol
Never bothered him in the past and don't see it bothering him now
he's had 10 years experience of obfuscation and missed targets, especially revenue, together with missed deadlines and other announcements which painted a more rosy expectation than that which actually transpired and so far this year and late last year nowt seems to have changed imo
keep the family salaries rolling boys
mol
AquaeSulis01 - they're going to wish they'd never done this Investor Meet session by the time we've all finished with them!
It'll be interesting to see how many (if any) of our tougher questions they actually address.
Three questions submitted by me:
I am a regular purchaser of H&B SlimExpert Golden Syrup Porridge, frustrated by the recent prolonged stockouts and limited availability online and instore, I thought I would look at Kellogg's equivalent sachets but was horrified at the Sugar content once semi skinned milk was added (H&B already includes semi-skimmed milk powder so is made with added water). The kellogg's variety contains only half the fibre too. ( Comparisons are; Kellogg’s Sugar - 15g, Fibre 2.6g, carbs 33g, salt 0.33g H&B Sugar - 3.2g, Fibre 4.5g, carbs 15g, salt 0.19g). Despite this, Kellogg's Oat So Simple range for 2022 was the third most popular Cereal with over 5M Consumers in the UK, so mindful of Optibiotix sweetbiotix engagement with kellogg’s, why have you been unsuccessful in persuading such a big Customer to incorporate slimbiome in their products?
When can we expect to hear the outcome from the Wellbiome Project that commenced Q3 2023 under Dr james Hobkirk at Hull who was testing the effects of Wellbiome on cardiac surgical outcomes following a pre-operative 6 week nutritional intervention?
The final 2022 results RNS stated that “We are in discussions with two US partners who are interested in purchasing WellBiome® with a potential US launch planned for Q4 2023. The new projects would incorporate WellBiome in a final product for healthy aging and hydration” so does the decision to rebrand Wellbiome announced in the H1 2023 results RNS following “A competitor analysis for Wellbiome® that indicated value in a change in positioning from healthy ageing to gut and digestive health to allow us to attract more customers. “ mean these deals are now dead in the water?
Https://optibiotix.online/products/slimbiomex3
a recent addition - albeit if you scroll down slimbiome medical continues to make an appearance
won't be long though that it will disappear - i have the power
lol
mol
Just a bit of info
Experience
OptiBiotix Health Plc
4 years 10 months
Business Development Manager
Current Apr 2020 - Present 4 years 2 months
Sales Operations Executive
Apr 2019 - Aug 2021 2 years 1 month
ProBiotix Health
2 years 1 month
Business Development Manager
Feb 2024 - Present 4 months
Head of Supply Chain
May 2022 - Feb 2024 1 year 10 months
No info re salary but obviously a related party and said info should be available to us - imo
but not presumably under current legislation
legislation AIM lol
mol
28 June 2023
Slimbiome Medical online sales growth
Since the end of 2022 through to April 2023 we have focused more on promoting SlimBiome® Medical as a unique product which reduces hunger and cravings which can be used as part of any calorie restriction weight management
plan. This has led to rapid growth with the ecommerce business reaching operational profitability in April and May 2023 with the highest monthly sales on record and a sales increase of 1,200%
Our medical device registration for SlimBiome® Medical runs out in May 2024. Brexit has added complexity and additional cost in reregistering a CE mark medical device with a £100k cost to renew the registration and an annual maintenance cost of £20-30K per annum per device (unflavoured and flavoured SlimBiome Medical). Given the CE mark is only applicable in Europe and we have similar products non CE marked in India and the Gulf states we are seeing this as an opportunity to rebrand and broaden the offering with different flavours to a wider customer group who may be dissuaded from purchasing a product with a medical connotation.
27 Sept 2023
The listing of SlimBiome® Medical and Gofigure® products on Amazon UK in February 2023, and Slimbiome® Medical on Amazon Germany and Walmart USA in May 2023. We anticipate further international listings on Amazon throughout 2023 including Amazon India, the Gulf States, and Amazon USA. This is all part of a strategy to increase the internationalisation of our own brand products online in 2023
01 Nov 2023
Slimbiome® Medical is consistently in the top best sellers for anti-appetite-suppressant products and achieved its highest sales in online history during Prime month in July 2023 of just over £13k. (me - wow!)
and I don't believe a mention since - I stand to be corrected
anyway still heavily promoted on our online shop - though i suppose as we are no longer in Europe perhaps it still applies in UK after May 2024
nah i really don't think so - just more obfuscation from opti
mol
Problem is, the PBX “dividend” payment plummeted in value the moment the lock in period ended & shareholders were first able to sell.
AQSE is a totally illiquid & thoroughly useless exchange. SOH thought he was being clever, choosing a cheaper option than AIM. However, as is often the case, things are cheap for a reason and this “money-saving” initiative has cost us all dear. The sooner SOH follows through on his promise to review where PBX is listed, the better.
AQSE:PBX.
ProBiotix admitted to AQSE in 2022. As an OPTI holder you were entitled to benefit with what was described as a dividend. They can be traded now and should be on your broker/investment platform account. No all platforms handle AQSE shares
Good morning!
Can anyone explain what the proBiotix units actually are? Can I sell them? I’m confused 🫤 Sorry if I’m being dumb!
I hope it's not a rehash of this!!
https://www.lse.co.uk/rns/OPTI/strategic-and-commercial-update-xjm00z0q0ii4n3p.html
Lord, excellent questions and absolutely they deserve an answer. Otherwise I shall suggest Tom Winnifrith puts Opti on his danger list rather than his tips list...
I've submitted a couple of fairly hard-hitting questions, so it'll be interesting to see if either is answered.
One relates to when Opti will actually make an operating profit (ignoring gains from share spin offs) & why a dilutive placing was chosen over further sales of spin off shares in March 2024 (presumably because SBTX & PBTX were both trading so low at the time!)
My other question is about SOH's infamous projected customer turnover bands (remember his forecasts several years ago?). I believe he grouped our then customer base into bands. From memory, these ranged from projected annual sales of £100K + each, up to a band with forecast annual sales of £500K + per customer. My question is why - 5 or more years on - group turnover has fallen way short of the value these projections suggested & whether the latest figures will show enough has been done to address this.
I look forward to this. I generally can't attend due to work but appreciate the feedback on here from posters. Will also catch the YouTube after.