Member Info for lordloadsoflolly

Wonder if the outcome of SBTX investigation will be known before 24 June. Though Opti’s holding is now relatively small, it is still vaguely relevant in terms of short term funding.

SBTX originally suggested outcome by end May, but their 28th May RNS states “there were some difficulties in obtaining all the information and evidence…. considered to be relevant”. Hmmmmmm, I bet there were.

Cornish - everyone’s different, but I top sliced a bit this morning.

No-one knows how far it’s still got to run. So to me, best to bank a little profit now & leave the rest to market forces.

FS - me too for 24 June, 7.00-8.30pm.

Hopefully worth the (for me shortish) journey….

Course you were Skippy. Course you were.

Glasshalfdrunk - ah yes, that explains everything 😂

My takeaway from the AGM would be not to combine it in future with any kind of Investor Meets Q&A.

Let the AGM be just for formalities and hold a Q&A once there’s been a meaningful development for investors to get their teeth into.

As for Skippy suggesting there were “no video and technical problems at the AGM”, I have no words.

Where’s Trek? Weird not to hear anything from him following yesterday’s AGM omnishambles. Unless he’s now changed his price target…

Letitrun - agreed. Always good to see an FD adding. Albeit only around £10k to a previously very modest holding.

I’ve got more shares than him. Let’s hope he doesn’t know something I don’t!

Beesty - I’m not a trader. But I do have an opinion. And I’m not going to just sit back & say nothing when I think a company’s stuffed up.

Sure, to an extent AGMs are tick box exercises where resolutions are either passed or rejected.

But yesterday’s was billed as more than that, with investor questions invited. Nay, positively encouraged.

So then to ignore the vast majority altogether and to give only vague non-answers to the 3 or 4 they deigned to read out is totally unacceptable.

Bo clearly had no prior knowledge of the questions even, saying of one that he needed to read it in full before he could summarise it for listeners & respond. If you can call it a response, that is.

Hex’s SP slippage since the AGM - in marked contrast to the general prior direction of travel - proves AGMs DO matter, as does Directors putting in the legwork.

Troajan - so have I.

And believe me, none was anywhere near as uninformative & amateurish as today’s farce.

Kaeren - no idea who you count amongst your “usual culprits”. And frankly couldn’t care less.

Fact remains there’s a world of difference between a company’s investor webinar and any potential future prospects. Hex amply demonstrated this afternoon that you can offer great potential, yet be totally shyte at investor relations & presentations.

Skippy - you’re simply trying to defend the indefensible I’m afraid.

I’ve sat through enough of these investor webinars from all manner of companies to know today’s stood out. Only for all the wrong reasons.

Quite apart from not answering a heavily redacted shortlist of questions, investors tuning in wanted to see the whites of the Directors’ eyes & their body language.

I assumed it was a mistake when slide 1 popped up without at the very least an inset screen showing the BOD presenting. Such was the amateurish nature at the start that you simply thought the lack of a face cam was just another in a series of blunders. But no, it was deliberate. Or perhaps they simply hadn’t given it a moment’s thought.

I could go on. The periodic background rumble of underground trains added a certain London charm I suppose. As did the dodgy microphones & the frequent “er, I don’t think they can see that slide yet” interjections.

If Carlsberg did investor meets, they certainly wouldn’t be like this one.

DorsetLSE - I’m sure you told us ages ago that you’d sold out completely.

Whatever. Only you could moan about SMT after it has just enjoyed a stellar 12 month rise.

Unless you bought anywhere near the peak 5 years ago, you’re laughing. Unless maybe laughter’s at a premium in Dorset.

Just cheer up man. I agree not ideal that Mad Musk has twice ridden to SMT’s rescue now. But at the end of the day, investing’s about making money. Not advocating any particular personalities.

Aquae - SOH has explained the more recent SBTX share sale followed a - seemingly unsolicited - approach from a third party.

If I held a shedload of shares in a company that had recently been suspended, I too would be pretty tempted to reduce, particularly if offered close to the pre-suspension price.

Companies give guidance all the time. It's called the outlook statement.

Doesn't always mean it comes off. But at least it helps investors understand what we're aiming at.

I maintain my view this was a very poor investor relations event. How many new PIs would likely be tempted by what they heard (or rather didn't hear) today?

Pj70 - not only is that total speculation, but they could easily still issue guidance on well numbers based on their current standalone status.

Oh well, at least norfolkslim was happy.

Think they must have tuned into a different webinar?

Spantrout - I totally agree. It was like they'd just got off a plane & be told they were presenting in 5 minutes.

Choice of venue was poor - way too much background noise - powerpoint was very basic and far from slick. Speaker's microphones became muffled (presumably when they moved their heads). And worst of all, the questions weren't properly answered. Also, I can't believe they didn't receive a lot more questions than they read out.

They asked for feedback at the end and I didn't hold back. Hopefully they'll learn for next time. Must try harder.

I agree with FS & others that we won’t get to profitability this FY.

The results refer to a goal of divisional rather than group breakeven. But things are definitely on the up here. David Blain appears to be working his magic in terms of cost control & accountability!

I hadn’t appreciated the Wellbiome clinical study was NHS led and followed an approach by the NHS to Opti.

Results are still everything of course, but that background potentially makes it a far more exciting proposition.