Member Info for justdeezerts

An article published in July 2008, even more relevant in today's world:

https://wwf.panda.org/wwf_news/?142561/Why-wont-all-manufacturers-of-detergents-phase-out-phosphates-to-save-the-Baltic-Sea

GLA

Doug - yes. I agree. We're both on the same side here. Onwards & upwards.

Doug - I agree partially with what you say. I too have seen slick presentations, which in hindsight were made to deflect attention from a company's underlying problems -most certainly not the case here!
My question remains: 'What on earth was the purpose of having a presentation, when it was simply going over stuff already in the public domain."
Having been a director of a quoted public company, the mantra has always been: "If there's nothing to say, stay silent. "
Presentations give an expectation that there is something new to present - unfortunately, yesterday proved to be a damp squib and clearly some shareholders agree and have acted accordingly. Shortsighted maybe, but taken action nevertheless.

I have made this point before, but I'll repeat once again.
Shareholders' presentations are usually held to add additional information not already in the public domain.
Unfortunately, recent ITX presentations have failed to take that opportunity. They have mainly repeated what we have known from previous RNSs. Consequently, the last two presentations have been followed by a significant drop in the SP.
Furthermore, with nothing new being disclosed, shareholders tend to concentrate on the presenters themselves. JS has (in my opinion) a hesitant, seemingly uncomfortable delivery style, which shareholders pick up on. He appears to have few skills in marketing & promotion - is there really no-one else in ITX who could given a more enthusiastic performance?
Either way, some investors seem to have been unimpressed and subsequently decided to vote with their feet and move on.
Surely, only RNSs with positive news will move this SP north.Or perhaps in the meantime, JS may contemplate taking ITX on a couple of road shows and convert tremendous future potential into further institutional investment, if only to mop up these small, but persistent sellers - that is if the Board has any interest in the short term SP - but they probably don't.

Good summary AJP.
One addition comment, if I may on the presentation...
I captured a screenshot of the 'NEW' Palmolive Powerpacs, for dishwasher use. The Pac also claims 'it contains a 99.9% Biodegradable Formula'. The package further claims it 'Tackles 48 hour stuck on food'
We know that Colgate-Palmolive is a global corporation with many other related brands. Hopefully, these Powerpacs will lead to greater horizons for ITX.

Tricky - not saying you’re biased against TLY, but…
From NHS website:
“ What is 111? 111 is a new telephone service brought to you by the NHS. It is the number you should call when you need advice or medical treatment quickly, and you cannot wait for an appointment to see your doctor. If you need emergency medical treatment, you MUST call 999.”
Yes, definitely tragic cases mentioned here, but calling 999 may have been another option, as suggested above.

Hi DD77.
I agree with AJP - the meeting was a tad late but only by a couple a minutes.
I wasn't held in a waiting room - my screen message simply told me that the meeting 'would start shortly'.
Was there anyone else out there who couldn't attend having already registered? Perhaps DD you were waiting in the wrong room? Only asking...

I have listened to yesterday's podcast. It was an OK, if not a polished performance (frankly, I didn't think much of the interviewer).
Unless JS is going to announce today some 'added value' revelations, I am struggling to understand what JS was attempting to achieve by giving this podcast 24 hours ahead of today's company presentation to shareholders.
Hopefully, it will not just be regurgitating the same information already out in the public domain.
If there's nothing new to announce, then what is the point??
Here's hoping (with fingers tightly x'd)
GLA

Tricky - 'WE don't know?... the royal WE is it? I reckon it's more 'YOU' don't know.
Having seen your many posts here, it seems to me that there are a lot of things YOU don't know, especially about TLY.
Not sure how you have the temerity to suggest it's hearsay.
I happen to know the patient extremely well and I know the facts of the case and what was said.
Oh, and by the way, on behalf of the patient, the consultant who diagnosed the pneumonia has subsequently registered a formal complaint against the GP's poor level of patient care in this case. And that isn't hearsay, although you are desperate for it to be!

A couple of weeks ago, an elderly friend had difficulty in breathing. She phoned her local GP practice seeking a face-to-face appointment at the surgery. The receptionist (because as you know, the receptionist is the GP's security shield) told her there were no appointments available for at least the next two weeks. In desperation, she telephoned 111 and explained her symptoms, to which an ambulance was sent to 'blue-light' her to the local hospital. She was immediately diagnosed there with pneumonia and has begun treatment accordingly.
So Tricky, whilst you keep your head in the sand about the 'shameful' private sector profiteering from the NHS, it is evident that the NHS simply cannot cope with its current workload and we should all be grateful that services such as 111 can help ease the NHS's current inadequacies.

This old article (see link below) illustrates why ITX dishwasher detergent polymer additives are so important today...
And with today's news, that there is a fertiliser shortage (including phosphates??), perhaps now is the time for ALL dishwasher detergent manufacturers to 'come clean and become green'!
DYOR

https://www.npr.org/2010/12/15/132072122/it-s-not-your-fault-your-dishes-are-still-dirty

GLA

The King's Fund is an independent charitable organisation working to improve health and care in England.

One of its recent quotes:
"In 2019/20 NHS commissioners spent £9.7 billion on services delivered by the private sector (also called ‘independent sector providers’). This is more than the £9.2 billion spent in 2018/19, but due to inflation and growth in the Department of Health and Social Care budget, the share of their total revenue budget that was spent on private providers remained relatively stable at 7.2 per cent."

So Tricky/Eddie, please explain why you are so intent on concentrating your negativity on TLY which, with an annual revenue of £115m, represents a mere 1% of the total revenues earned by private sector providers to the NHS?

If you are so outraged with every commercial organisation making a profit out of the NHS, perhaps it's time for you to move on and target the major 'profiteers', who so easily disgust you?
DYOR

It's noted that Eddie & Tricky only post on TLY and TRMR.
Are they one and the same - any thoughts???

dyna - you're correct in pointing out to Tricky that dividends are paid to shareholders from FREE cash flow. Furthermore, the extra cash pile at the end of March 21 was due entirely to the Company being able to convert operating profits into hard cash - not an easy feat to accomplish in the middle of a pandemic.
Tricky, who appears to be an opportunist short-term trader in TLY (and there is nothing wrong with that), simply doesn't understand that long-term shareholders like to receive SUSTAINABLE annual dividends - it is a sign of confidence by the Board for the future SUSTAINABLE growth of the Company.
I am sure the Board has thought long and carefully before paying a dividend in 2020/21. It would certainly know that, having established a track record of paying an annual dividend, any change of policy to then cancel a dividend payment would have a disastrous effect on the share price.
So Tricky, that is why the continuing dividend payments from TLY is such an important health check on the Company's future potential.
GLA & DYOR

GLA

Tricky - perhaps you should go for an IPO yourself?
TLY was never going to be a 'get rich quick' investment and I reckon most investors here know that GLA

Tricky - perhaps your plumber should think about doing his own IPO!
Just leave it now, you're predictably boring.
PS: Have a great weekend doing something original.

At 1421hrs today, the ITX spread was 5.50 - 5.90, when there was recorded a SALE at 5.60 and a small PURCHASE @ 5.90, both of which appear correct.
How this board now has the temerity to record two transactions comprising almost 300,000 shares at the same time as being SALES @ 5.85p, is frankly beyond me.
DYOR

SP will now probably drift downwards (IMHO), as impatient investors sell up and move on.
I would expect finnCap to wait a few weeks and allow dust to settle. Then decide whether there is enough potential in the short to medium-term pipeline to recommend its own client base to invest at a lower buy-in share price. GLA
DYOR

Bwana - its FinnCap (new advisors), not DE Shaw (a US hedge fund).
I reckon this change is down to previous advisors' mis-handling of previous RNS strategy, resulting in disastrous performance of sp, IMHO
FinnCap much more high profile, who I believe would only take on this appointment, if there was a good story to tell and potentially develop in the future.
GLA

ITX gets a mention....

https://www.industryarc.com/Research/Itaconic-Acid-Market-Research-500191