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Thanks roger65
Certainly going to stay the course, as the personal risks are well contained. I would not want someone like FEVR buying this out unless it was their aim to shift into the premium mixer area. They are more mass consumer driven.
If others want to sell thats their right and they have their reasons but an investment is an investment and it takes many experiences to understand that. Looking to add as and when funds are available.
Some very good facts to ponder from Agricore from last night. Thank you.
Well put flasheart. How anyone calls this bad when costs are very low. Either they are joking, can't read, sold out, or want back in by scaring others. Good results given previous recurring costs are gone. Progress on many fronts.
Well said m007j. From all research it shows that TP are indeed a nominee holding company. I sent an email to Mark Taylor but never got a reply, so I take that his refusal to answer was an admission to what I sent as my findings. The nominees have their reasons to sell and I personally do not think it has anything to do with EISB otherwise Mark would not have been quoted so positive regarding board changes at EISB back in Dec 2021. One can only deduce that he has no sway on their decisions. The TP holding is now not even an major issue, but if anyone makes it one then they are trying to divert others or not truly understood that the company has other holders and a strong BODs anyway.
In my opinion it seems that they have bagged the MHRA receipt of approval, but its just a case of when it becomes official. They had its Home Office licence renewed on the 29th March 2023 and yet waited 14 days to announce it. Not sure if this is a standard wait of two weeks before issuing the RNS or that they waited for a more positive moment like the announcement effective immediately of Clarissa as CEO. You do not become CEO unless you have something to shout about and to say over Twitter to the effects of " I am having a good day".
Surely the Home Office would be something you announce immediately unless the PR guys have waited for all the elements to come together. CEO announcement without a positive outcome would make no sense which is I believe they have bagged the MHRA approval. Interesting from here.
Neilin
I have slowed down the playback to 0.5x and 0.25 and it comes out each time as "probably around sector" So the word "sector" in the context would make no sense so I am with you on this one that it has been deliberately obscured over and it sort fades down as he says the word. As to the reason? Its possible a sensitve issue that was not ready for market yet. Its in line with what you have already posted. Great spot.
Stockpickfree thank you for your kind words
You should read the posts from NFT just prior to mine. The worry for anyone is if cash is to be raised then what is the purpose behind it? Is it to expand the business or is it simply to keep the lights on? NFT and others were simply trying to put fear into others that there would have to be an imminent raise at some point as they were simply not going to be able to fund the business on current cash levels.
There was no indication that a cash raise was ever required, but if there was to be one, I could only assume it would be for the expansion of the business and IF it was offered to holders like us I would gladly partake, as I not only hold but do hear good vibes across the premium mixer drink industry. They have signed new bottling agreements and cut shipping costs, which will positively effect margins going forward.
Good explanation Jace. I would say you are not far off what is possible. This is now locked away in a vault, never to be considered for selling, until the end game.
Sidon21
You saved me a lot of writing! You nailed it. Saw the trades from last week and these two today and you instantly know by looking at the times and size and difference in spread that they are rollovers. At one point I thought they could be rolled over shorts as it was in line with the negative drivel that has been going on for weeks on here. Someone keeping a large trade going, spread fear and keep adding on the way down and then when positive news hit then send the holding the other way.
On the 17.02.23 I said
Mark Taylor, Director of Taylor Partners Limited, commented on 03.12.21:
"I am delighted that working closely with Tony Burt and executive management we have navigated these Board changes which exemplify the professionalism and expertise of the Board. East Imperial is now perfectly placed to capitalise on its global growth opportunities."
If Mark Taylor says what he did, and we seeing selling that it leads me to believe possibly the following. I still believe that TP are holding for nominees over which they have no control other than the nominees may have pressed for the board changes that took place over a year ago and got them but now for whatever reasons have to sell down. I am trying to get this clarified. TP DO have a nominee arm to the business.
While some have focused on the TP selling saga, hardly any mention that Aviva Investors Global Services Limited have increased their holding from 3.49% to 5.06%, or that there are a whole list of new names under the 3% holding threshold which have appeared (all in the public domain).
VincentVega
That would have been my next point. There are assuming between 170-179m free float. If this was simply made up of just holders under the 3% or say 2.99% (no need for declaration), then there would be simply 16 more holders in total. Even if that number was just made up of 4 holders that would effectively take out 42m shares from the free float. I believe there are a minimum of that amount.
On each wave up, traders are selling, chancers are trying their luck at selling and hoping to come back in cheaper. REPEAT: This share cannot be played like this and it would be foolish, but each to their own. Each time these group sell it is going to longer term holders who understand what is building up here, because small buyers are complaining they cannot buy in volume. This will continue at each level into 'silly numbers' that I am confident of.
Cannot remember who said that why doesn't an institution make an offer to another holding significant holder and buy their shares? You see that is what we the small holders can do via the markets and we do. These guys don't just rock up and offer 5p per share extra when the actual current holder is aware that these could be worth multiples down the line. That would be embarrassing.
One thing is certain there is pressure at each level upwards on these shares to keep on incrementally moving onwards and up.
347,175,106 last recorded Total Voting Rights
217,678,791 held by significant shareholders or 62.7% as per their latest on website.
129,496,315 free float
59m swirling around inside HL accounts. They are more than likely going to restrict online buying and selling to force people to phone in as its more profitable to them and not sure if they have some sort of Algorithm running that determines "hang on, there seems to be pent up interest on this one, close down the systems and get the phones at the ready."
I wish you well NFTs but I will not engage anymore with you. Not because I am running, no. Its because you made a serious allegation against the CEO and failed to back that. Once you do that then your entire argument is then put under scrutiny. What else are you emotive on and exaggerating? I really have no requirement to know if you have an angle here or not. In fact I will go as far as to say that your very presence, requires you to be here. You have an interest in EISB, or the other one is you spout what you have and people listen and sell, which would actually help my buy strategy. If none of these two, then seek medical help immediately.
pwlx, Some good responses from you. recommended.
You are either purposely cherry picking or are blatantly refusing to answer. I wll give one more opportunity NFTs to answer, and if you fail I will just filter you as it will be a waste of time going back and forth. I am confident with the investment and that is all that matters. Its simply to confirm to this board whether you are for real or cheating at the table. So here goes:
What is the name of the NOMAD for EISB? You keep referring to them.
You said the CEO is a philanderer. Can you explain this accusation?
Revenues will be a lot higher going into 2023 and growing strongly due to volume growth. This is where the drive to profitability will be forthcoming.
APAC margins have returned to pre-covid levels. Their market across South East Asia are opening up again.
Shipping costs to the USA have been a challenge, but they are also dropping into 2023. National distribution agreement with RNDC is positive for distribution across the USA. 11 states have agreements on board in the USA now.
Bottling agreement with Lion Brewery is also a positive step, and an operational priority, given the level of shipping costs exploded and now are coming down at a decent pace. To be able to bottle close to your actual markets increases the run to profitability in a major way. The cost previously of trying to send containers as I said went through the roof. Do you think that will now continue? Think!
You keep going on about TP selling “TP cannot drop fast enough funny that!” You do realise or do you not that they have a nominee arm to their business and its more than likely that clients within that nominee are the actual sellers? Not TP themselves. The nominee has Mark Andrew Taylor as a director. Its like say a UK nominee announces selling. Does it mean they are selling or the clients WITHIN the nominee? Dear oh dear!
If as you say they need cash I would be happy to participate since I have done my DD and am very happy with what I see. Now answer the questions please.
NFTs
"I liked it but then realised the CEO is a philanderer" have you proof of this? That is some accusation.
"What Nomad ever tells the truth!!" Whats NOMAD got to do with EISB? In your view given that we are not on AIM.
"Tell me how much cash they have left?" Last reported interims (H1 2022) showed £1.56m. Next results April 23 so we get a better idea. For the moment from Sept 22:
Cash Position
As at 30 June 2022, the Group had cash balances of GBP1.56m and net current assets of GBP2.8m. The company raised GBP3.4m as part of a private placement of new share issuance in January 2022, this is being used to cover working capital, and to finance ongoing growth initiatives. Cash burn showed significant improvement in Q2 with a reduction in the cash balance of GBP0.47m.
Now
"This needs significant money to operate" Please give a breakdown in your words.
"but Shareholders are going to be diluted and used as fodder to feed his dream and that imo is about to completely drop off a cliff" Given you held in the past, never indicating whether it was an investment or a possible gambling trade, can you explain this sentence in more detail?
We assess Taylor Partner on the following:
At 30.06.21 inception they held 62,904,555 shares. A holding of 21.06%
As of 2022 there was a placing which took shares from 298,692,094 to 338,211,384.
TP’s holding as result dropped to 18.60% without adding from the placing or reducing their holding.
At 16.09.22 they held 51,002,276 shares. A holding of 15.08%. A reduction of 3.52% or 11,902,279.
At 13.01.23 they held 33,280,000 shares. A holding of 9.84%. A reduction of 5.24% or 17,722,276.
Today 17.02.23 they held 18,830,000 shares. A holding of 5.57%. A reduction of 4.27% or 14,450,000.
Now it is fair to say that they will drop them below 3%, so the only important part is the decline to 2.99% or sales totalling 8,721,974 which they will need to declare MINIMUM. This will leave 10,108,026 under the radar, and with the way the price has held, then that 10.1m will be insignificant in the bigger picture.
Intelligence prevails that those that can read the market start buying into any small drop from this point on, as can be seen by the small to medium size buys after 10.36am today when the RNS was announced.
To use remarks like “struggle to stay afloat” “funding it requires” “TP still have 18m shares to dump” “massive, big fund raise” “significant dilution” “to me it looks pretty bleak” “if the company can survive” “looking very bumpy indeed”, with all fairness you get the picture this pretty smart cookie is trying to get into your head. Getting into the mindset of others is an art and takes a lot of practice. You must remember though the word, why?
What is the strength of remarks V facts and figures?
There might be a “massive, big fund raise” “significant dilution” OR there could be a number of other possibilities.
I leave you with a quote from Mark Taylor, Director of Taylor Partners Limited, commented on 03.12.21:
"I am delighted that working closely with Tony Burt and executive management we have navigated these Board changes which exemplify the professionalism and expertise of the Board. East Imperial is now perfectly placed to capitalise on its global growth opportunities."
So the obvious question to the smart cookies why the sells from TP? I would love to have your take on it. The floor is yours.
DaveTK
The magic figure is to sell down another 8,721,974 as that would effectively take them below 3% and to actually 2.99%. After that they do not need to inform. It will just be that they are not significant anymore and they can sell the remaining 10m odd how they want. Cannot see it really getting dragged any lower, and the base is around here.
Price correction is odds on.
Taylor Partner now down to 5.57% from 9.84%
I am just chucking a scenario out there, that since the 1st of this month there has been a lot of large trades dumped into the market, strategically sold, and easily absorbed. Was it possible that Lang was aware that there would be a seller and bought on the back of this? It makes sense for him as he has the minerals to keep adding while the other party or parties for whatever reason has been dumping. This has been done in stages with the price slowly gaining momentum upwards. Not sure who said this but I to believe that the price will settle a couple of pence higher before news. I don't think Lang is a long term holder, I would like to be proven wrong and its not an issue as there will always be a Lang Mark 2 buying any sells up. The company is making all the right vibes and gaining the market confidence. Hopefully Martin Lang sticks around as I have no proof he will sell his holding other than he has bought at a time when we certainly have a strategic seller going through each incremental rise, and it was good to have the shares in sticky hands.
Let me see:
Given you say cash position as of 30.09.2022 was £1,884,210, which means a spend of roughly £35,245 per month over the previous 6 months. That would equate going forward at current rates that there would be enough cash to last 53.46 months. Correct me if I am wrong. This would mean they are safe till August 2027? If expenditure increases then it will obviously impact those figures, but given that by 2027 this industry alone is quoted to be worth around $45bn, even if HELD were representative of just 0.01% of that it would be worth around $45,000,000. If I am doing something wrong then please let me know. Its safe to say they will comfortably make it on current trends.
I take it that well funded into 2024 is not including the £3.25m royalty rights being given up in return for shares? I believe it does not and is there as an ace card going forward well past 2024.
Neilin
Really appreciate this post.
This was helpful, and I found the last parts especially:
Thus, the present sandwich ELISA format is suitable for high-throughput application on hospital platforms, and can reliably quantify circulating CIZ1 b biomarker, and can be used to identify patients with early stage lung cancer.
I said a few lines up, that the timeframe was important.
2016-2018 these experiments using the ELISA platform were being carried out.
2018 Patent application submitted.
The timeline fits, given from memory how excited a certain shareholder was about the RTO. Sadly Covid slowed things down but gave most a great opportunity to build life time holdings ad be proud to support this project,
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5441127/
The above is from 2017 but the last few paragraphs (if it people want to cut to the chase, acknowledges
This work was carried out at the University of York by University staff supported by a research contract with Cizzle Biotech. Cizzle is a spin out from the University of York funded by Yorkshire Cancer Research. DC is a minority shareholder in Cizzle Biotech. (remember this was 2017, not where we are now),
Funders
This work was funded by Cizzle Biotech (CizzleRC13-16) with additional support from the Wellcome Trust through C2D2 at the University of York (ISSF award 097829/Z/11/A) and the Jean Shanks Foundation (HYMS2011).
Go to:
Acknowledgments
We are grateful to staff of the Experimental Medicine Unit, and the phlebotomy clinic at York Hospital and to Dr. Kirsty Rodger for facilitating sample collection. We also thank Jerry Thomas and Rachel Bates of York Technology Facility Proteomics Laboratory, and Said El Alaoui of Covalab for expert guidance on antibody production. We thank Emma Stewart, Ming Yang and Justin Ainscough for comments on the manuscript.