Latest from Oak Bloke. Main message is that BELL is not far off projections. Have been waiting a while for the expansion to happen but seems that it is finally here. Sentiment shift incoming!
https://theoakbloke.substack.com/p/obscura-belluscura
Https://www.youtube.com/watch?v=2H6f9jECeXc
Here is a happy lady unboxing the xplor.
It does seem that the company are getting more market presence. Finally starting to step it up.
BELL seems to be responding a bit better now. Overall, a bit behind projections still. Projections that i have seen were £15 million for 2024. I don't think that is going to be met now but they do look to be scaling up well. I would guess they will be at least £1.5million a month revenue by the end of the year with the continued scale up and the release of the highly anticipated DISCOV-R.
Overall, quite pleased with the news release.
My short term target is actually 32p from a technical point of view. I see it as a long period in the doldrums. Then the initial rebound to 17p which is often rejected. Then the 2nd time around it has more impetus/confidence and has a more sustained rally..
Https://theoakbloke.substack.com/p/salt-2023-ye-update
And here is Agricore's blog. Always worth a read.
And here is another article. This one seems to have more information:
https://www.proactiveinvestors.co.uk/companies/news/1048759/microsalt-shake-out-as-shares-fall-17-after-maiden-results-1048759.html
Overall, i would see the underlying details are more positive than the headline miss..
Yes TopCatz, that pipeline chart that they showed looks quite lengthy. On the plus side is that once it is validated it would provide an easy avenue for future sales. Just extend it across the rest of the product lines. No reason for Pepsi et al. to use their salt in some lines and not others..
Also, acts as a barrier to exit. Any process to move to a competitor would be equally lengthy.
Https://ukinvestormagazine.co.uk/microsalt-upbeat-after-transformational-year/
Seems quite upbeat. 2024 still looks good for Microsalt.
My sense was always that Microsalt would be a volatile share until we get a good sense of what the valuation should be. Slightly disappointing that the new customers haven't shown up in the revenues yet, although it was 2023 which was a while ago now.
Would be great to get this contracts locked down, but the big thing for me is to understand how much these customers are worth to us. Is a customer worth £5 million revenue, £1 million or something different?
I feel that it is very difficult to feel what sort of valuation to give Microsalt. Very difficult to value potential. Should settle down later this year when we get revenue numbers later this year and we begin to get a better idea what future projections look like.
Https://ukinvestormagazine.co.uk/why-did-tekcapitals-innovative-eyewear-rally-over-400-in-one-day/
Article discussing the jump higher on Friday. Don't really agree with it but anyway...
Https://www.youtube.com/watch?v=ErbDTvuUgHw
We have to see how this plays out but if prospect of dealing with a folding LUCY recedes, then in my opinion this removes a major source of the TEK discount to NAV.