Member Info for justdeezerts

The drop in revenue for 2024 (cf. 2023) is anything between $1.4m and $1.9m. Even if the lost GP is say, at a paltry 15%, that's a bottom line hit of $200k.

It would be informative to know whether there are any associated cost-savings accompanying the loss of this customer, or is it a $200k hole to be funded out our $10m money chest.

Wacca - you misunderstood my comment.

Of course JS has done the right thing here (walking away from an onerous contract )

My concern was telling shareholders that, once our formulation is in, it’s difficult to remove, when all the time, ITX is having a problem retaining a long-established customer on low profit margins.

Yes, of course JS has done the right thing in walking away IMHO, but don’t talk about ‘stick ability’, when it simply isn’t always deliverable.

That all I’m saying..

Agree with you Smart.

Can’t see the point of making that statement, when all along in the background ITX was having trouble renewing a contract with a customer providing a major revenue stream.

Makes you wonder how naive his negotiating skills really are!

Always said we shouldn’t be busy fools!

In JS's last presentation he emphasised that once our formulation in included in a product, it is hard to get it removed and ‘orders keep rolling in’.

Well, one customer appears to be challenging that concept. So the fact that this customer is still going to use our formulation, but in lower volumes probably requires clarification.

GLA

Hi 2Good!

TLY - share movement today 0%

NANO - share movement today after interim results DOWN 8% - enjoy!

Rivaldo - yes, v. impressive presentation. JS’s best to date.

He talks with an air of confidence not seen before.

What’s not to like here? I note that 25% of shares now held by US investors. Share consolidation appears to be working IMHO.

GLA

AJ - Quite right and my apology

AJ - wishful thinking, I'm afraid.Final results always in June. Only exception was April 2022, when they announced a fundraising exercise, shortly after.

Scarcity of shares around to buy and the 'cashing-in profit' sentiment will continue until June, probably.

Many investors seeing a doubling of the SP in a month can't believe their luck, so have cashed in, accordingly - can't blame them, really.

Will drift further I expect, unless a good news RNS is about to be launched- but us LTHs know the true value.

GLA

Missing Thordon’s regular contributions to this BB.

Only one post anywhere since 16th February.

Fingers crossed that all is OK…

AJP.... and a well done from me, too - great research.

Does anyone know what Sodium Polyitaconate has replaced to make the shampoo 'eco-green'?

Https://goodtoknowthis.com/cleaning/dishwasher-tablet-toilet/

Warren - absolutely agree with you!

At last some news with meat on the bone and not simply jam tomorrow!

From the latest RNS it would seem that revenues streams are gaining rapid momentum all on their own.

With the cash pile at year end standing @ $10m compared with $10.9m at June 2023, the accelerated growth of revenue over the second half-year would suggest that we are close to break-even at the beginning of 2024.

The current market cap gives little, or no recognition to the potential value from new products in the pipe line.

Compared with some insane values accredited to other innovative eco-companies, ITX now looks undervalued.

IMHO, had the share consolidation not taken place. the SP would now be around the 8p mark (400pence in new money)

DYOR & GLA

Smart - I agree completely with you on this.

I have said it before on a number of occasions - this company is run like a family business with no regard for its public shareholders.

There is no concern for keeping to timelines and certainly no interest in making a profit - this state will continue whilst institutions are prepared to keep on putting in money on the promise of jam tomorrow.

As I say, the Board has little concept on how to keep shareholders informed on a regular basis.

It has NEVER intimated any likelihood of any level of profitability being achieved - not even a clue as to when this momentous milestone may happen.

They constantly give out forecasts on future level of revenues (we have them for yr24 & yr25), but on earrings? - they hide behind the ridiculous and meaningless trope "earnings will be in line with market expectations" - what does that gibberish mean?

Does any LTH here know what "the market" actually expects - I've searched but found nothing!

I suspect like you Smart, I remain invested here because I truly believe in the product - but patience with this Board is beginning to wear a bit thin....

As you say, in this bull market, you could stick pin a host of other 'eco' stocks and do better....

GLA

Tell us 2Good - are Pot, Kettle and Black your latest three investment recommendations ?

If so, I wouldn’t consider any of them for a NANO second!

GLA

Bumble, I think the real worry here is that 2Good is also lauding his professional advice on his fellow shareholders @ NANO, where its SP has spectacularly crashed from 55p to 19p in just over a year!

He sure knows how to to pick 'em.

Lottery numbers for this week, 2Good? ha, ha!

Nice one Bill! I don’t think I need to listen to someone who’s invested in KZG and seen their SP plummet from 2.5p to 0.5p in under 3 years.

Now that’s what I call almost bust.

No dead cat there even trying to attempt to bounce.

GLA

Bumble - BillB isn’t holding any TLY. He can’t even hold his breath. Just look at some of the other BBs on which he makes banal comments .

Onwards and upwards .

2Good - got it wrong, as always.

Yes, regrettably, there will always be fat cats milking the system, but the ever-lengthening waiting lists won't come down whilst doctors ask for pie-in-the- sky, unaffordable pay increases.

This is all politically motivated and they want to bring the NHS to its knees.

That's what the public will take a long time to forgive, if ever!

So on TLY specifically, pray tell us, which of their employees are the fat cats here?

The company will be judged on the services it provides to the NHS.

If the NHS could have done TLY's job itself, it would have done so years ago....

GLA

PS: NANO up again today, 2Good!

A priceless quote from yesteryear:

"Regardless of the hole the current Board has dug themselves what are readers expectations? I'm now think post dividend payment 10p to 12p, the share price will go as low as 3p. "

Oh, did I forget to mention - this was a prediction from our mischievous friend TwoGood in July 2023 on a company called NANO.

And by the way, NANO's SP was 18p at that time - today's its SP is sitting pretty @ 20p.

Got this week's winning lottery ticket numbers, TwoGood....?

2good - do your sums - he's invested £100k over the past two months - I reckon that's a sign of confidence and leadership. I doubt if you have one penny invested here!

Only you could focus on the latest purchase implying it was a 'one-off'.

The more you troll here, the more people see you haven't a clue on this BB! Move on, or move out!

GLA