Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Company’s issue forecasts via their house broker…..it’s not difficult to grasp. Toyin interprets the facts to suit his silly petty point because he’s so head over hills for SBTX he’s another who’s lost track of reality. He needs to speak to a broker to fully understand the process of issuing company forecasts because he sounds like a complete tool every time on this subject.
You disagree because you are still shamefully ramping SBTX to high heaven but now instead of subscription numbers the fantasy algorithm is your pump. When that’s proven to be ridiculous what will be next?
The expectations were exaggerated here too, I agree. However, the difference is that Opti ceo in the interviews I saw tried to give a reasonable impression of the opportunity of the deals whilst always adding numerous caveats stating these are new products & new partners and that he doesn’t have a crystal ball. The Opti bod resisted rampy forecast pressures from shareholders and put out their first one last year and hit it. The complete opposite scenario of this just occurred at SBTX. If you disagree then It is likely you have too much money invested in SBTX. Both companies should deliver over time but lets realistic.
Belgrano think the ceo just stated how it is. Ceo at Opti has always held the line no forecast until trading data comes through. Elrico has himself to blame for SBTX ramping figures, similar to what he is doing now with the fairytale algo…He and his lemmings will never learn. The SBTX ceo should not have said anything but instead played up to the figures Elrico was putting out with direct quotes which left him no choice to put out a ridiculously unachievable forecast based on no sales data. As we know this led to the material miss statement and removal of forecasts entirely. People like you still make stupid statements like ‘unofficial data threatening his (Opti) figs’ do you not think SBTX would be putting out some news if this unofficial speculation of massive ramp ups were half true? Hardly anything ever comes out of SBTX. 2 deals in 3 years is it? SBTX CEO even said recently they are not set up for B2C which is currently the only channel for revenue. About time for some realism?
Toyin so your saying the broker gave the company a forecast even though they would not have a clue about the runnings of the business? Do you realise how ridiculous that sounds? The only party in the position to assess if any number is possible is the company itself….this is a soul destroying discussion.
Opti have used SBTX as a bit on the side which they made good gains and allowed them to invest profits back into the business to grow their range of technologies now being spun out as separate companies. SBTX is just one of these technology areas which they clearly do not see as the biggest opportunity in their locker.
Opti could have raised money through share issue but why would they not take some profit off the table? In hindsight the 55p £2m share sale of SBTX seems an excellent call. You seem to think SBTX success is guaranteed. For all any of us know SBTX could fail to deliver and the the Opti % holding would be entirely worthless.
What’s your point about my Goetz post? The RNS states they were appointed as a financial advisor/analyst not a broker. Whatever they say would have to be independent as they were not appointed Optis broker. This is entirely different to a company working with the house broker to put out a forecast such company is comfortable with.
For gods sake this is childish. The broker is just conveying what SBTX say to them. That’s how forecast are issued. For avoidance of doubt SBTX said they would hit £1.1m….the broker didn’t come up with that number, SBTX did. The broker just put it out there. It’s truly painful having to explain this.
Hi Toyin, can you read? I said company brokers issue forecasts on behalf of companies. I suggest you read back my earlier comments to save your embarrassment. Save that, contact a broker and educate yourself on how forecasts are issued to the market.
Elrico, Elrico, I take that as you not understanding how SBTX issued £6m shares of new shares which diluted Optis original 42% holding down to at least 30% without them selling a penny. Threatening the filter just shows you can not hack the detail. Saying they sold down 25% is more embarrassing as Toyins comment.
I’ll give you this for free…..when company’s issue new stock in placings the overall share capital increases, this leads to a reduction in % ownership due to a larger number of shares in issue. The fact you haven’t yet acknowledged this even 3 times of me mentioning this now truly shows you do not know what you are talking about.
Reversing the share price decline by suckering more people in from invalidated assertions justifies my entire points made here.
You keep saying ‘sold’ down so I assume you do not understand the dilution aspect of Optibiotixs holding percentage by SBTX’s 2 placings. Please confirm your understanding. Currently your just proving you do not understand how the issue of new shares dilutes the shareholding %….which is pretty embarrassing for someone that charges for subscriptions.
Ok keep up with the algorithm it will be the final straw of your insinuating nonsense.
Elrongo (again) why do you say I spin the numbers? SBTX issued £6m worth of shares in 2 placings at low prices. Opti shareholding remained the same but it’s % was diluted big time due to the issue of new shares. Opti have not sold down 25% like you incorrectly state.
Opti raised £2m at 55p Nov 21 not £3.6. They also raised £900k earlier in year (£2.9m total from SBTX). They had £2m in the bank with debtors and payables balanced out to make around £2.9m at YE.
SBTX will have more profit & sales than Opti/pbx end of year? Based on what? £20k sales and your unreliable algorithm. The ceo basically said they do not have capability for D2C as they are shaped for BtB. You live in a fantasy
Companies are not aloud to issue forecasts? What? Call up a broker right now and let them educate you of the process of how a forecast is issued. The broker issues a forecast based on what the company tells them and they agree is achievable. You think brokers come up with sales forecasts for companies even though they haven’t a clue behind the daily runnings of the company? Seriously
The broker issued a forecast on SBTX behalf. That is how all forecasts are issued they come from the company broker. They are approved by the company and would have sat down together to come up and agree a number to release. The stuff coming out of this BB is madness
Whether you say it’s accurate or not it’s the insinuations which suckers people in.
I think it’s good thing you have turned against Opti as it will stop the stuff you are currently doing here. First the fantasy launch sales calculations here, then the 10 vip croda launches last year and now this algorithm….you are a tee up for serial disappointments in these companies.
Your information is also wrong. SBTX did 2 highly dilutive placings at 16p raising £1.5m and £4.5m at 18p. £6m worth of shares issued as low prices would have had a big effect on Optis % holding. Making out Opti have sold 25% is lazy or misleading.
I’m not sure your point with forecast, Opti stated £2.2m and hit it. SBTX said £1.1m based on a guess and got it unbelievably wrong and now removed it’s forecast entirely. Opti have always stated they would never issue a forecast until they had good data. This is exactly what they should have done here from the beginning.
I think Elrico’s exaggerated algorithm is the last straw for some. If you think that data is accurate you need to apply for some counselling.
He’s sold his Opti even though they accurately delivered their forecast and is now pushing some made up algorithm his mate has been flogged by dodgy Dave down the pub even after a huge and embarrassing forecast miss. SBTX should have followed OPTI’s mantra by NOT offering finger in air forecast until they had at least a slight idea on take up rate. They also should have landed at least one more deal by now. What happens if Croda delays or Axis takes time to grow the market. What are the Options then?
Interesting podcast gives some good reasons for listing and addresses AQUIS concerns. https://m.soundcloud.com/optibiotix-investor/probiotix-health-listing-march-2022
Valid concerns over AQUIS, the exchange did recently come under new ownership looking to start addressing such issues. They appear to have introduced a new MM scheme to reduce spreads. Liquidity is also high on the agenda. This maybe worth a read: https://www.standard.co.uk/business/aquis-stock-market-aim-listing-london-rules-b972978.html
It also appear to be realising a value within which just isn’t being recognised. £22.5m for probiotix, their stake in SBTX is worth around £15m, their prebiotic business is also profitable with similar revenues so you’d expect that to be valued at at least £20m too. They need capital to properly scale each of the separate companies to fully exploit the opportunity and have not diluted Opti with raises over the years. Interesting strategy, building a position here could mean having a piece of the action across many businesses they sprout and with it prospect of more dividends.
He’s presenting the same company so it’s going to have overlap. Dullard is not something I would ascribe to someone who’s built a business from nothing delivering multi million revenues on a shoe string. The rationale and strategy very much interests me. Sounds like you may have a bitter history here. From someone who not so long ago came into this stock I think if the stale holders moved on it would do the world of good to this co.
Some very petty comments about curtains and camera angles. The ceo here presents just fine. I bet when this share was flying the same ceo here was the slickest, best presenter and ceo around. Sentiment low here and the kick in the teeth of the co & ceo delivered by the mighty Elrico wouldn’t have helped.
So you held the stock for 6 years, championed it building a following as a result of your strange relationship with the ceo, averaged your position up and now selling up whilst the market is depressed from macro events at break even/loss. The company just announced another year of pretty reasonable growth with investment being allocated to building out their capabilities and resources from a strengthening base… your timing seems strange to say the least.
Belgrano sorry pal but you are currently so in love with SBTX it’s silly. Opti has far more experienced bod, far greater capability and team, existing sales, more valuable assets and intrinsic value and broader technology. Some saying the bod have been discredited here but they gave their first ever guidance and delivered on it. That exemplifies credibility. Belgrano will repeat the Goetz report like he did recently but as corrected once before that was not company guidance and Goetz were never even appointed their broker. The report has a full page stating Opti bod had no input in numbers offered and was solely issued independently by Goetz analysts. Growth could be faster here but what they have delivered on a tight budget seems to be shaping up to be a steady business. They are now looking to invest in and accelerate growth from a strengthening position. They wouldn’t be bringing on all these people if the plans ahead were not exciting. I think is being massively missed.
5 years ago? Shows you haven’t been paying attention to this company developing at all. They’ve been selling for less than 3 years from what I can see. Takes time to build up manufacturers, distributors, research, patents and sales through a low cost approach. In reality they are doing pretty well in a terrible global back drop. Some on here need a reality check on business and timing of their investments.