Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Interesting position WIlliam Currie Investments has taken, especially as Sir Terry Leahy, the former CEO of Tesco is part of the team
Quite interesting that a recent review in Trust Pilot was by a women called Linzi Dunlevy, who so happens to be an ambassador for this organisation https://ifpa-pso.com/projects/ambassador-program
Hopefully she might start talking about her experiences using AxisBiotix within the organisation
I suspect people are suspicious when someone with no previous posting history and has stated they are not an investor in the company, starts posting on a popular investor board. It's a strange place to share a product review.
The interesting thing is that Cadbury describes replacing the sugar with a fibre. Optibiotix describes SweetBiotix as made from natural prebiotic fibres. If Cadbury is not using Sweetbiotix then their scientists must have had made the same advacements as Optibiotix in parallel
"Cadbury’s development team, made up of over 20 scientists, nutritionists and chocolatiers, replaced the physical functionality of sugar with fibre, to preserve the structure and texture of the popular chocolate bar"
https://insidefmcg.com.au/2019/07/29/cadbury-cuts-sugar-from-dairy-milk/
Agropur were obviously looking for exclusivity on this deal so Optibiotix must be pretty confident they can deliver. It would be interesting to know what sort of targets were layed down by Optibiotix
P.S. It's also nice when another company does all the hard work (manufacture, supply and distribute). Gross margins are going to be superb
Thanks Twix
P.S. I can't listen to the bearcast as it's subscribers only. Is Tom suggesting there may have been some inside trading going on based upon information that hasn't been released to the market yet?
Interesting. Share price on the 16th Aug was 9.6 and now it's 13.75. Almost exactly 30%
You're right, Simon implies the revenue growth could flat line, but he did say 'exactly the same, or better'. I'm inclined to go with the latter because there seems to be a positive trend. The interims state revenues of �0.5 million in H1 2017. however, the last trading update in January states, for the year ended 31 December 2017, revenues of �1.3m (As Simon mentioned in the presentation). That means the revenues in H2 was �0.8 million, which is significantly higher. They're certainly having to hire more people to cope with the extra work. I think you could see the company as being in a 'proof-of-concept' stage with many clients. They getting paid to work on projects, which don't generate huge revenues but prove to their clients the value of what they're doing. I suspect revenues could shoot up very quickly.
Interesting presentation by Simon Liddington https://www.youtube.com/watch?time_continue=34&v=303OXyzauBI "Stated aim is to embed us in their business. They don't want to makes a bid for us..." (6:30 minutes in)
IPsos's investment, though relatively small to them, now makes them a "substantial shareholder" as the RNS states and the appointment of an experiences director from Ipsos allows them to influence BST's strategy going forward. It doesn't mean BST will be successful, but if it is, I suspect Ipsos would eventually buy them out, and being a substantial shareholder probably makes this easier in the long term
Summary from HotStockRoc... "we consider there near-term �1 million+ annual run-rate profit potential � with then further expansion in combination with high margins to see a further strong ramp up in profitability from there. Still capitalised at little more than �15 million, we continue to consider the risk/reward highly attractive here and the stance remains buy"
....to issue 163 million new shares so huge dilution
It's interesting that they've included a trading update farther down the RNS... Current trading and operational update With a few key months remaining ahead of us, the Board is pleased with the progress the Company is making and confirms that it is trading in line with the Board's expectations for the financial year ending 30 April 2017. United Kingdom - building upon our achievements In less than three years, Purplebricks has become the most recognised brand in the UK property market having become known for being a fair, modern and transparent way to sell a property. To date, over £6 billion in residential property has been sold via the Purplebricks platform in the UK alone. These achievements have given the Company, according to data from Rightmove, a 67% share of new instructions for the online real estate market in the UK. The Purplebricks website now receives over 1.45 million visits per month. Australia - shaking up an industry The Company launched its business into the Australian market in September 2016 and now services Queensland, Victoria and New South Wales. The Purplebricks platform is expected to be launched in Adelaide and Perth in March and April 2017, respectively. Growth in the Company's Australian operations has occurred faster than any UK regional launch, and the number of LPEs has quickly grown to over 50. Despite being Australia's seasonal month for holidays, January 2017 was a record month for new property instructions for the Company. With average revenue per listing exceeding A$5,000, the Company estimates that Australian customers save an average of over A$12,000 in estate agents' fees when compared with a traditional commission structure (saving homeowners millions of dollars since Purplebricks entered the market five months ago). The Company has a strong management team in Australia and Purplebricks has achieved a 9.5 out of 10 ("excellent") rating with 98% positive reviews on Trustpilot.
I have to disagree with you. Christos is respected in the industry and was brought in to change things around. His departure implies he wasn't given the power to implement the necessary changes and has left in frustration. I don't believe Stephen Marks has a clear strategy to carry forward this business.