Member Info for GreggsStottie

Given the last rns I wouldn't be surprised if TRX get a new credit line. Time will tell. But the tone of the last RNS appeared to intimate they were looking at their options...

Just imagine they rns a new credit facility on good terms that gives them the time to drive the potential...

Time will tell...

From the HY unaudited results in Sept...
Operational

·      Commenced second shift for BioRinse® products

·      Appointed US President of Operations

·      Supply chain improvement to deliver efficiencies

 YES, THEY HAVE CONFIRMED A 2ND SHIFT in an RNS....that means increased production in h2.

I suspect sales will be in the region of 14-15m. But we could be surprised if our new OPS director is as good as we think....

HY results stated sales c10% ahead of 2018.

Nomalongu - suggest you read the RNS's like I have and get your facts straight.....

Are you invested here? Probably shorting, I'm sure you have done well. I am pleased to be in at less than 1p...

All the best.

Let's wait for the rns to see how production, and fy performance. I think we will be pleased with the update. Failure appears to be priced in, all imo.

They have outsourced production and have strong demand. The future is bright imo.

The share price is radically depressed, due to funding worries and moreover Woodford selling via Link.

Looking at recent history, the sp can run back to 3-4p. Again, imo.

I do read your post with interest. Can you prove production has not increased? Can you prove 2nd shift has not started? We are all picking through the bones of info and taking a view.

Are you invested here?

You can sell a lot more product if you are utilising the extra capacity brought on by double/treble shifts.

The additional facilities (future) will take investment, but why wouldn't they invest yo grow? Surely if 1 investment company pulled a plug, another could be found...the products have huge potential...expecting c.50% sales growth in 2019 hrs 2018...

Remember increased volumes are back weighted to h2 2019.

Good luck all...

*can see

Yes, but this is to expand capacity...we are also selling a lot of product! Highly profitable product.

2019 fy sales will be confirmed in Q1, as will financing. New Products also on the way.

Given the future potential, I can't see a creditor supporting this company. Yes, terms might be better for the lender but that's life!

This s a strong buy imo.

Looks like 12p to 14p is on the cards.....before news. Looking forward to a 40% upside from today's price...

If he's comes, what's thus chat rooms view of the potential sp?

The board reports talk very positively, and the reason I am in. With the fund raise at 7p I suspect sub 10p won't be around for very long at all.

All the best..

Strange that the sp has not rerated to reflect the upcoming pipeline and the Angostura purchase.

I guess the geopolitical issues are weighing down here. Is it due to people pulling out of oil shares to move onto electric?

Any other opinions as to why?

Sell 15k worth, then move the money into your isa and rebuy them. You will lose some money in buying and selling, but you will save paying 20% tax on the remaining 7k. (1.4k saved)

All my shares are in an isa. Not sure why you wouldn't do that...it may take a few days to set up an isa but do that 1st before you sell anything.

Once everything is in place crack on.

The only issue with isa's is you can't claim a capital loss! Not an issue for you in this case.

You have 12k cgt allowance 2019-20. Why not sell the max you can to take 12k capital gains, then take the rest out in 2020-21?

You have losses elsewhere so you could sell them to reduce the capital gain outside the is a then bug back.

Bed and ISA the shares you sell now, assuming you want to....

ACL product, god that would be amazing. How many acl Operations must there be a year??? Thousands...

Let's see what the next 3 months hold...

At 1p per share I think the risk reward is solid....

Typo's in my 2nd to last post..."All in all sales can double or more to £12m fy 2020, then grow along with capacity. There is no reason why sales couldn't treble by 2012."

Should have said: All in all sales can double or more from £12m fy 2020, then grow along with capacity. There is no reason why sales couldn't treble by 2021.

Just had a look at some further info fron the Trx website....Woodford had over 26% in the 2018 fy report. Link have less than 20% now...suggests they have been selling....

I understand how the link is associated with Woodford.

Why else would the sp drop to 1p? I concur there is nothing in the public domain that I can find but it seems pretty likely. How many companies actually report sales until they are finished selling? This is AIM...

What s clear is that the sp has been well oversold...can you explain why?

Reasons to believe:
Strong sales demand, awaiting h2 sales confirmed due to 2nd shift, expansion plans etc etc...Why would our creditors not fund the expansion plans? The future is bright and margins are high.

Just for info I have not said I would report you or anyone. If you are saying you want to report me then I suggest you get a life. These boards are for opinions...if you don't like what I am saying ignore me.

I do find it crazy that people get so emotional, it's quite hilarious...

Reasons for share price drop = mainly due to a forced seller + market worrying about funding options.

At 1p we are 1/10th of recent value = very cheap.

Since then, 2nd shift = double capacity, extension of land purchased and €350000 gift for electricity services from US state to supply an increased facility.

All in all sales can double or more to £12m fy 2020, then grow along with capacity. There is no reason why sales couldn't treble by 2012.

Now, if Woodford fund concludes selling q1 2020. Sales double, there is an argument for double share price from c 10p. If it trebled and makes a profit then we are away. 50p is possible in say 5 years. A few hurdles to get over but it is possible.

Remember, our products have high demand and have been accepted by the medical world.

Add on New Product developments and we have lots of potential for the patient investor.

Good luck all. Waiting for 4p to top slice.

It's,possible in 2020 H1 in my opinion.

Getting market best offers 0.999p!!! Think I might just put a fixed price buy order in and see if it gets accepted!

Getting market best offers!!! Think I might just put a fixed price buy order in and see if it gets accepted!

De la Rue are cheap but risky. Could multibag if they sort their financing out. Not invested here as yet.

I have some MNRG, but they are a punt really. Hoping their gold mine yields more. Than the market thinks.

President Energy are cheap but illiquid. Think they will drop to 2.5p again short term. Good for 2020.

I like the potential of EUA, but you are probably already there. A good day yesterday.

Tulow are still cheap, think they can get back above £1 next year.

Any others you are looking at?

Well I have a fair old chunk of TRX shares now.

I do want to buy more, but I think generally prices will soften between Xmas and New Year. Hoping to get more at 0.95p.

Still think this is a bargain but want to keep my average as low as possible! Anyone else thinking the same?

Surely NAV oer share must improve in the next 12 months...

Increased sales
High demand for products
Fixed costs being amortized against this backdrop in H2 (due to 2nd shift).

Further capacity coming on line to match production needs/sales. $350000 support from local county to fund services to the increased facility.

Only 4 months for production to product being sold.

I would be surprised if our creditors decided to pull the plug in March/June...this share has so much potential...

All the best