Ocean Harvest T Share Price (OHT)

I agree that this is the future re animal feedstuff moving forward and pleased to have invested here @ 12p. Great to level of cash in hand.

News of new customers will hopefully be announced @ AGM

Very much off the radar with the potential to revolutionise agricultural feed in our country and possibly abroad especially with feed prices highly inflated and likely to remain so.

I agree Escala, until a break even position is reached the company is not viable without outside support either debt or equity (more likely equity tbh). They also seem to have recruited quite experienced sales managers with industry experience and so hopefully this makes a difference but it's taking time. My concern is that a 30% YoY sales increase may not be enough of a take up and it seems from the info the company shares with investors that the main route to new customers is through a lengthy trial period which I fully understand but it adds to the delays in sales growing and a break even position being achieved.

I think the company is doing everything right though and so have some hope things work out. They are also ahead of the pack in terms of shareholder Comms which is refreshing. I have my fingers crossed for them.

The share price and the sales volumes are what is not to like.

The product seems good, and the IP patent released today gives credence to the efficacy. But this product is in the marketplace right now and word should be getting around. It's simple really....if it saves the end user money, directly or indirectly, they will buy it. What is stopping them??

Sales of OHT's proprietary blended seaweed ingredient, OceanFeedTM, is expected to grow circa 29% year on year.

Continued improvement in gross margins in H2 with full year gross margin expected to be over 37% (2022:31%).

What’s not to like?