Member Info for belgrano

Company having more cash than expected is good news indeed. Does appear that stock overhang has almost cleared with the start of a rise over the last few sessions. With that view I've been increasing my holding.

Surprised to see sells this pm after a tentative move towards a breakout.

And what does he actually do now?

Clearly would have to target something in between, My fear is just putting the product in superdrug along with the 2000 other products on display there will result in poor sales and more wasted product. Axis resulted in 60% plus customers for life, a much less customer intensive "test", could be far cheaper and get many more on board. Rapid growth is required not the growth seen with axis. When you bin product , sure sign of failure and SBTX binned plenty.

I'd like to see people able to obtain our product for free to see if it works. This would be for like the first month or so, reason I say this its a bit like the original axis trial, where a very high proportion of those with success still subscribe.

No faster way to get regular subscriber numbers up than to initially give them product with set controls, like asking them for feedback or a couple of follow up "how's it going calls" . Doesn't have to be at high cost to the company and not overly hard to achieve.

SA would jump at that, because SOH selling has been the biggest hurdle every SBTX rise has faced to date. Plus he doesn't have to do anything, and can claim "I'm inside". Actually once dust settled very good for holders of both stocks, although the overhang may be hard to shift as its huge.

SOH, has fortunately recovered from a serious health scare, he always promised his investors a divi and hes the biggest shareholder. What a good first move into retirement, by selling the remainder of the SBTX stock.

Putting an opportunistic positive spin on say "SOH selling down theory".

SOH not renowned for his business sense, so say hes offloading and Croda had pulled the rabbit out of the hat. Now broker trying to shift the overhang even cheaply to its favoured clients while SA hanging on by a thread resisting efforts to tell the news.

That's got an even worse stink about it, really shafting his pi base while clients load at mates rates.

Also would give a trading opportunity when that news does break as the share price might swiftly rise.

Well I moaned about the stock, should also view the other side of the coin.

I do believe the house broker is selling down the stock of a major client. Might well be the holding by OPTI. Started off pretty well with multiple large trades every day, but now it seems clients are saturated with stock and price is dropping as they seek to offload it all.

Its most certainly not pi's, but major partner but no TR1. Like a lot of things happening here recently somethings off.

He will try and milk it for as long as he can, little wonder hes not putting his easy earned cash into backing himself, would rather his lemmings kept the gravy train rolling.

Does anyone actually know when his investors will see accurate financial updates. Dont forget the terrible way he financed those knee jerk acquisitions dressed up as the saving grace. Little wonder they were up for sale. I thought at the time that he was going to head them up and at least justify some manager salary, but no , they have their own mangers. Havnt seen him back at no:10 for a while, far to busy to give us an update.

Good post OX, you are right that its all down to Zenakine, because quite frankly AS cant get his paws on the marketing and it is with a company that certainly knows what its doing.

However I view that's a very poorly led company that's totally reliant on another for royalties for survival. Might as well have a part time CEO who's on a small salary, rather than an overpaid one who in effect leaches away the lions share of income on himself. How many millions has he sucked out so far and put nothing in, and no sign of stopping unless hes forced too.

Might as well sell the other assets and just share the royalties. No good if the royalties we get are badly managed and used just to keep the rest above water. Even worse is a CEO who tries to roll in and hide those facts and figures from his shareholders.

In fairness SBTX has had a few occasions when I really believed it was going to hit the big time. I actually believe products are sound but unable to break into mainstream market. Main axis launch was a clear example, but failed to achieve traction in the States due to miss understanding how to get your products into mainstream and refusing to surrender margins for X number of years (which would have expired by now). There are palms to grease and the right people to get onside but our CEO just didn't have a clue. Wrong influencers paid and the launch crashed which was subsequently renamed a pilot launch to save face. Now we have a superdrug launch which just might end up like axis with lots of unsold product.

Throw in rushed acquisitions at a dreadful cost to shareholders as another two errors, lack of of skin in the game while drawing large salary and things continue down hill. Up to now punters kept on board by detailed regular updates often behind a paywall, but some have suspicion that those giving the mainly positive info on companies like OPTI where also being giving company payments. Jury still out on this one from SBTX, but OPTI admitted. However seems the music is now stopping here as well with silence to even his most nurtured lemmings. Stock may turn again for the positive, but thats a big failure list for an aspiring company.

Unless they can convince many lemming type investors to pile more in going to see a large retrace below long.

Trying to goad the player, rather than discuss the stock again. would rather spend ages in foolishly dissecting an investor . Is this because jealously is kicking in because you have invested badly here and don't like hearing negativity. Please share your stock tips with us and leave the abuse in the toilet.

Well I know reported trades can sometimes be a bit miss-leading but going on todays deals confidence has crashed. Its a poor company that puts its hopes and a serious bit of money into Superdrug launch. Just that they have literally thousands of products and require high margin surrender.

Otherwise its pinning its future on Croda, and the CEO hasn't even the stones to tell us the actual figs and details there either, trying to wrap them with other company elements... Yet another huge red flag, as he knows the sharp eyed folks here will dissect the info and reveal that his acquisitions are not at all profitable.

Thanks for sharing, good to see others opinions even if more positive or negative than your own. Would rather see something like that than any personal attack just because you post something they don't like to see or hear. Think now is the time to take a good hard look at this stock and ask yourself whether if you had no holding and capital to invest would it be the one you think will multibag from here in a reasonably decent timeframe, or could you find something better on the market.

Would have expected to see a much heavier drop with that scale of selling if its correct. Or the broker is doping an outstanding job propping everything up for the time being.

Markets are down generally after Trumps latest tariff threats.

Yes was tipped by a trusted ex work friend about AMCO who was actually at school with the CEO and has been quietly following his progress since as they set up the company and beyond. He gave me the tip. Wasn't from any paid tipster.

Plus hoping for profitability for SBTX this year, thats what I recall was touted, guess we would be close where it not for the salary SA awards himself.