The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Good morning mate , he has written lots of articles about aspects of the CG ownership that could be worrying, you can read them on share prophets website , you can get a one day pass to view them all , very interesting
Good morning all , can you please vote on the Twitter poll below , it’s all about how we as retail investors judge Cellular Goods BOD level of communications !!! Let’s push them for answers and hold them to account, they work for us and should engage appropriately
https://twitter.com/cbxfuture/status/1664187018786529281?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
I think it means they need to raise capital, they will offer out an amount of shares at a certain price , it means we will be diluted even more than the 15% we paid for Kingtide ( a website with no substance )
The issue is unless they have a strong business case who will want to buy the shares ? They have shown that small retail investors mean nothing to them so it may have to be an institutional investor.
I maybe wrong and they will blow us away with news and strategy but if the last 12 months is anything to go by then I have my doubts.
They can’t even be bothered to share photos of the Kingtide set up like we have asked for.
https://twitter.com/cbxfuture/status/1663578614267359233?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
I urge all small investors to push them on this , we have fallen sub 1p on SP now and that generally means back to 0.6-7p range.
Why should we sit quietly in the background and wait to be disappointed ? Email them today and demand answers on why your investment is slowly dwindling away again , email is ir@cellular-goods.com.
Or follow the Cellular Goods Shareholders Group below and make some noise
https://twitter.com/cbxfuture/status/1660299465524232198?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
I know some of you may be bored of me posting now but I’m not giving up on getting answers , please see below my latest email to IR
Good morning Darcy
Hope you are well , thank you for the email. Support will be unconditional from me and a lot of the original investors from IPO time.
There has to be a level of understanding and empathy from the company for these investors. From day one we have witnessed the slow decline of our investment and growth of the company.
We are not naive, we do realise business is tough and we have to take a pragmatic approach, investments go up and down we have to accept that.
What we do not want to accept is how the company engages its smaller retail investors.
You have been there since day one and witnessed the IPO and primary bid launch , it’s was aggressively targeted to smaller retail investors and that seems to be have been forgotten now.
Take a pragmatic approach and read all the RNS since day one and media news , we have promised so much hence retail investors are upset and confused at where the business currently sits.
We all know skincare will not deliver a financially viable business short to mid term , we are not placing blame and again have to accept this.
We have now acquired a business in Kingtide which has cost 15% of the business, when investors have delved deeper there is no substance to anything , the questions on Twitter are really easy to answer and share in an engaging way with investors.
We are not asking for in depth detail , just share some photos etc and give investors some faith that we can trust the company, is this too much to ask ?
Cellular Goods decided on the retail investor approach to raise the capital and should have the integrity to engage.
Good luck
Paul
Let’s keep pushing for answers , please share the tweet below
https://twitter.com/kingtidecarbon?s=21&t=3oQ2x6B8mYLlBRy_7ZWC7Q
https://twitter.com/cbxfuture/status/1662329544517328896?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
https://twitter.com/cbxfuture/status/1662337704464400384?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
That’s very kind , they may not listen but at least we can say we tried if it all goes wrong
I may be wrong but for a company to list on LSE is about £2.5m , even as a shell it’s worth the listing is it not , or am I wrong ?
Good morning all , obviously the BOD do not want to engage our concerns or questions about a company we paid 15% of our company for , really fair and easy questions to answer as well. Kingtides website states these facts , come on CBX share some answers.
Can you all help us push the narrative please ?
https://twitter.com/cbxfuture/status/1661954801205166081?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
Good morning all , please see todays questions to the CG BOD , all about our new exciting revenue stream which we will get big news in June , Kingtide Carbon is our future , thank you to Mr Matthew Lodge
https://twitter.com/cbxfuture/status/1661639587465183234?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
Forgive the grammar I’m multi tasking sorry
I agree completely, help the Twitter group hold them to account , we need all retail investors to voice their concerns but as one collective group , what starts small can soon grow , I know I’ve been there before
This is a call to arms if you are concerned about your investment, if not then don’t worry but you work hard for your money and the company engaged is through Primary Bid , they should stick to their morals and support the very individuals who have them the initial £13m
Or am I wrong ? Below is the Twitter group link , follow and voice your opinions
https://twitter.com/cbxfuture/status/1660299465524232198?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
So many opportunities for the carbon credit market
https://twitter.com/cbxfuture/status/1661039472400642050?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
Ria- I was just going to post where are you , come on we need this to rise , also get back into CBX it needs some loving
Leotus- so do I , I think we may have a very good update in late June
Https://news.sky.com/story/rolls-royce-jettisons-carbon-capture-plan-as-new-boss-clips-wings-12887470
They can buy our carbon credits then lol , always opportunities
All mark your diaries for the 2nd half of June , big news coming
https://twitter.com/cbxfuture/status/1660695860689219584?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
Dear shareholder
Thank you for your enquiry concerning King Tide. As you know we evaluated a range of potential acquisitions in order to accelerate the company's growth, provide scale and enhance value for shareholders.
We are confident that King Tide Carbon meets our acquisition criteria well, and provides a near-term revenue generating opportunity as well as diversifies our activities into a new high growth sector (such as in carbon capture) where there is wider opportunity to capitalise on our expertise in biosynthetic production.
We are working hard to integrate this acquisition and remain fully committed to communicating the strategic rationale and upside potential of this transaction to stakeholders. A further update will be provided in the second half of June that will address the points you have raised.
Thank you for your continued support and interest.
Best wishes
CBX investor relations
Absolutely 100% agree
That is one hell of a big buy or sell this morning, 75m ?
Dear Mr Taylor,
I speak on behalf of a large group of retail investors who have been involved since your IPO. We are not just shareholders but also repeat and dedicated customers. Sadly we have steadily watched the value of our investments fall; something we appreciate can happen when investing in novel companies. We completely understand the complex and volatile journey of a nascent business and the hurdles the company has faced and more than often not surmounted.
The CBG skincare range is amazing and the efficacy is obvious from the first usage; congratulations on such amazing products, we look forward to the company building out this pioneering offering.
As individual investors we understand you cannot divulge any non public information about strategy, however we do feel you have a responsibility to communicate more openly and effectively with the hundreds of investors who have supported the company tirelessly since IPO.
Our recent acquisition of Kingtide is exciting but when we try and dig deeper there is little meaningful information publicly available. Kingtide was incorporated in Singapore just a couple of months ago, has a very basic website with typos and inconsistent email addresses, and has no employees, why did we give its founder 15% of our company ? Beyond the detail-light RNS can you share with us investors the strategy behind this substantial commitment. We have been given no information on how Kingtide will operate, its customer base or revenue model.
We are a group of investors who number more than 300 and are highly supportive of the company but please can you engage with us with more clarity; we are after all the reason you worked with Primary Bid at IPO and were able to raise so much capital so easily. We have always been your biggest advocates and want to continue to be so, please engage with us accordingly
Sincerely, The Cellular Goods Investors Group
The problem we have hence asking for more information on strategy ( which I don’t think is a lot ask as investors) is skin care is just not delivering the revenue to sustain the business mid to long term.
Cellular Goods IPO with Primary Bid and for the first 12 months engagement was very good , we got to ask questions and get answers if applicable.
Even Anna did her a primary bid webinar which was good for investors , we have now gone deathly silent and just purchased a start up for 95m shares ( 15% of our business ) to Matthew Lodge who not one of us knows anything about.
Is it really too much to ask what we intend to do with Kingtide ? Surely there is a plan , we wouldn’t just give 15% away for no strategic reason would we ?
My view is we should push for engagement with the BOD , they work for the investors and should engage their investor base and customers which we are.
Have a look at a Chill , they have a CEO who took over on a very precarious situation but he has not over promised and from what I can see he has actively engaged the investment community.
Again I ask is this too much to ask from the BOD , they certainly did when they raised the £13m at IPO so I ask them again share your broader plans.
Help me out on the Twitter feed if you care about our investment