The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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I again listened to snapshots and reconfirmed I wasn’t mad as they did talk of a third project but I have not had the patience to listen to the whole presentation - did anyone pick up on that - although excited by the two strategy projects clearly identified
It's no real surprise this is still moving up. It has a good core business with improving profitability and with the Rezorce "game-changer" carton product - already backed by major industry players - in almost totally for free. My only surprise is that there is not more of a buzz around this share. Could that be because a lightweight foam and plastic extrusion business does not sound all that exciting...!?
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Sorry can't help you as I missed the beginning, but soon there will be a release of the recorded version
There was mention of a 3rd project that was mentioned early in presentation to come after other two discussed. My system was breaking up during presentation so I could easily have missed it? Any insight anyone?
* hardly priced in at all
They are onto a good thing with not just Rezorce, but Shincell too. I will not wait to buy some more, as I consider there is a very good chance the SP will be considerably higher in 6 months. Rezorce is hard priced in at all.
For the new product still a fair bit to do . Will buy nearer the launch
No change in the forecast seems to make to sense - I expect a slight pull back today
A tad disappointing on overall sales but hope the AGM continues to push the excitement and enormous potential of the wonder carton!
This is a fantastic deep dive into the technology, commercial opportunity and strategic potential;
https://www.packworld.com/sustainable-packaging/recycling/article/22910049/disruptive-monomaterial-aseptic-hdpe-carton-tech-takes-aim-at-lpb
A couple of quotes below, but there is loads of content which is relevant / impactful;
"We recognize that for new technology adoption, there are, in principle, two issues.
One is complexity of the change, the other is the cost of the change. What's great about the reZource technology is that it's fully scalable using the existing plant equipment with some very minor modifications. For example, the packaging that I'm holding here, the longitudinal seal, is a flame seal, per the market standard. The top seal is ultrasonic, per the market standard. The modification that we're making is to the bottom seal. Instead of being an induction seal process, it is ultrasonic."
"Is HDPE the only material that could benefit from microcellular foaming tech?
There's a huge opportunity here. We prioritize HDPE due to the availability of high-grade rHDPE in the world. But we're now developing a polypropylene and PET version. We're developing different sizes, too. This is a 1.5 L pack. We have a 1-L and a portion pack to launch soon."
An opportunity like this for a highly profitable £250m market cap is the stuff 10 baggers are made of. They will have a huge growth runway once they start to scale production & disrupt the market & are already a credible player given their long term relationship with Nike.
I agree that the investment partner is key, if that happened to be Unilever / another multinational then things will really take off here.
Over on ADVFN one of the posters drew attention to this post on ZTF's LinkedIn page yesterday: https://www.linkedin.com/posts/zotefoams-plc_rezorce-circularpackaging-righthererightnow-activity-7196518326561316864-XKj9
It would appear that ZTF have also entered into a production partnership with SÜDPACK Group, enabling ZTF to produce a potential 100 million ReZorce cartons annually in addition to their own in-house capacity.
Have to say that the "media event" wasn't quite what I was expecting if the picture' anything to go by. Very informal; only Polman appears to be wearing a suit. Quite subdued undertones. I thought it would be "glitzy".
I wouldn't be too surprised if ZTF was to announce a signfiicnt strategic investment (perhaps by Refresco) in either its MEL subsidiary or a new ReZorce subsidiary as the next step forward (perhaps even a 50:50 joint venture). ZTF does not have the financial resources to bring this to fruition on its own. At this juncture, I'd be looking for an equity injection of at least £50m (sufficient to pay down ZTF's existing bank debt) plus an additional (say) £50-£100m of new loan financing to fund the next step. May not sound a lot but 50% of a business that might, over time, become worth several £bn would be very lucrative.
9% increase without a mention of any numbers - the size of the accessible market must be enough to 10 x the size of the company
So look like a few months and all systems go.
Nice one and with further publicity in the coming week we may see some interest from serious big investors.
Just wondering if these are big sells of late or buys
Given that we went ex-div today (4.9p), finishing 5p up isn't too bad a result. Hopefully the current upwatd price trend will continue tomorrow.
Moves on nothing up or down lets get the carton news in
T-FIT® Clean foam insulation, the only solution to comply with internationally recognized cleanroom standards, will take center stage at INTERPHEX 2024
03 Apr 2024
T-FIT Insulation will showcase the exceptional performance benefits that T-FIT Clean has to offer at INTERPHEX 2024.
As the company’s flagship product for the pharmaceutical sector, T-FIT Clean has been established as the insulation system of choice for cleanrooms since 2008. It is the only closed cell foam insulation system that is suitable for pipes, valves and vessels, and the only foam compliant with the FM4910 Global Cleanroom Materials Protocol, delivering the lowest flame, smoke and toxicity rating of any polymer/elastomer insulating product.
T-FIT Clean is a closed cell foam insulation system which requires no cladding, providing a fast, tool-free installation and ultra-slim profile that takes high-performance insulation into the tightest spaces within cleanroom environments.
Inherently hydrophobic and highly resistant to bacteria and mold growth, T-FIT Clean meets and exceeds the fungal growth resistance benchmark of 28 days in accordance with the ASTM G21-15 standard. It also offers protection for HEPA filters and plenum filtration systems, significantly reducing the risk of production downtime and contamination.
The T-FIT Clean range is manufactured via Zotefoams’ proprietary three stage process that delivers materials which do not shed particulates and have close to zero VOCs. A wide temperature tolerance range of -112°F to +320°F also ensures suitability for both chilled and hot processing applications.
Zotefoams Group CEO, David Stirling, says, “The operation of safe, sterile cleanroom environments has never been more important. Poor performing insulation can have catastrophic consequences, from costly production downtime to the contamination of entire production batches. T-FIT Insulation offers the highest level of performance and compliance with relevant industry standards, and consistently outperforms its competitors in the most demanding cleanroom environments. We are excited to bring the range to INTERPHEX for another year as the rapid expansion of the pharma sector in the USA continues to surge.”
T-FIT is exhibiting at Booth 2814 at INTERPHEX 2024 taking place from 16 – 18 April. For more information, please visit www.t-fit.org.
Imo 5 pound a share is light if the cartons go well any think up to ten pounds per share .THIS today is a nice add on well done zote foams
I WOULD THINK if the carton deal is a success i woul hope 8 pounds a share is achievable
A friend has seen a target of 500+ on a tip site.
With this news, who knows? Possibly even higher?
DYOR.
Wow stab jackets AND environmentally friendly cartons soon we will be millionaires.
AS I FEEL news could be soon why didnt i get them the other week with my cheaper ones i got /IDIOT I AM