Member Info for Desertsands

No it’s not great but it isn’t completely dire either. Despite the lack of good news it does somehow seem as if things have steadied, at least.

Now to build - because goodwill isn’t in abundance and the clock is ticking. SK hasn’t baled - doesn’t mean he won’t be pushed if this carries on.

Https://www.telegraph.co.uk/gift/925ab7564baddcef

This RNS is a welcome read. Looks hugely promising moving forwards.

Am surprised Pearls hasn’t popped in singing the praises of the H1FY bookings growth % - a headline number of 244% looks good but 244% of jack sh*t is still jack sh*t.

Two years ago SK said Cirata would be a market leader in 4 years - he’s fast running out of time. And investors. And goodwill.

Groundhog Day - again.

A renewal, a partnership and 6 contracts - not enough new business signed.

More jam tomorrow promises. Aghhhhh.

Https://www.telegraph.co.uk/health-fitness/diet/nutrition/pros-and-cons-of-lab-grown-meat/

Https://www.newstalk.com/news/luke-oneill-lab-grown-meat-could-erase-the-need-for-farming-2161188

Who on here has been around long enough to remember the chairman denouncing negative sentiment about the SP as flimflam ? Nothing has changed in all of that time except for negatively.......

Flim-flam indeed

Can’t buy or sell!!!

Unbelievable that he is still rolling out the same nonsense - it really is the same update on repeat over and over. Sadly I’m not surprised.

Richard Bennett resigned in January with immediate effect ….. what date is on the article you posted please Draft ?

Https://www.proactiveinvestors.co.uk/companies/news/1070071/bumpier-times-for-airlines-possibly-but-not-for-iag-1070071.html

OMG Pearls ……

I point out the % is misleading and you immediately go on the offensive, yesterday and today. You have quoted the % far more times than anyone else with your Wows and this is going to fly malarkey based on them …… your own obsession with latching onto to anything remotely positive is far more obsessive than anything ANYONE else posts and that includes Up2Date. After every update you ‘have to revise your figures upwards’ every time you are caught off guard and guess what? It’s the market’s fault. It’s the algos, it’s Uncle Tom Cobley ….. no body understands like you do because every other person is just so blind they can’t see how wonderful this company is.

It’s Easter ….. have a few days off. Enjoy the sunshine.

On the numbers released yesterday, the % was never going to be the panacea that some saw. To look at the %s you’d honestly think this was going great guns but 330% uplift when what they compared it against was a virtual dead quarter is genuinely nothing to get excited about.

Costs are down - that’s a better metric in my view. But by itself it’s not enough to say that CRTA will pull through and be the world leader that SK put out there in one of the updates last year.

Hastings makes an excellent point when he/she asks why SK has to take over sales for NA when they have a resident native/local in the role. That isn’t a good look, by any standards. There is a dearth of meaningful new business signing up and renewals alone will not be enough…. The odd 50k deal isn’t going to shift the dial.

I just hope SK is given enough time to truly test whether he can make this profitable. Cost cutting and new strategies are good, don’t get me wrong, but unless CRTA can become a self sustaining profitable company in the not too distant , he may find patience is in shorter supply than he’d like.

Anyhooooo, we are another 10% down - no surprises there. Let’s hope that the next quarter has something consolidating to offer.

Hastings - good post.

Morning -

Just wondering why you would post three identical messages and one just slightly different, in 24 hours, all containing the very same metrics that the company released ONCE in their update. Is that not considered ‘ramping’ at best and more likely spamming? I get that you and to some extent Pearls have a mutual love in when it comes to Cirata but at least Pearls doesn’t just copy and paste the same thing ad nauseum and has thoughts and perspectives to add to this board. I don’t agree with all of them but at least Pearls demonstrates a thought process and perspectives and is able to have a debate.

Https://www.theguardian.com/environment/2025/apr/16/nugget-sized-chicken-chunks-grown-transformative-step-for-cultured-lab-grown-meat

And again ……. % are massively distorting to the financial picture. Look at the value and number of the contracts they have signed. Even they admit that it isn’t good enough & that they should be further down the recovery road in terms of contract VALUE not %. If they can admit that then I really don’t see why you think I’m going against their own update. This isn’t personal Pearls - I don’t think they anticipated just how much of a slog this is turning out to be. That doesn’t mean they won’t get where they want to get.

Glad to see the sp is currently in positive territory - it’s not too long ago that it was in the 50s & 60s and you were lamenting how undervalued it was then and how the market couldn’t see what you could. Yet, here we are ……

Have a good one everybody - we all want this to succeed.

Both feet firmly on the ground Pearls …..

Pearls …… a 330% rise sounds stratospheric but look at the numbers, not the % !!! That’s YoY ….getting to 3m turnover after all this time is nothing where any of us hoped we’d be or SK said we would be. 3M is a drop in the ocean and we all know that.

Please look back at your own posts from a few months ago ….. you quite rightly acknowledged that they should be further along than they are even now. We all did.

They admit deals are not coming in as fast and as high as they anticipated. Still have slippage. Getting nowhere fast in NA…..

There is still so much to do here. The % sounds great …. The number and quality of deals is still certainly lacking.

I am disappointed….. I will give it longer but will keep an open mind.