The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Bazzaman, to be fair to the fella he didn’t “guarantee” to close by year end. He actually said “if I can get the layers to move their pens fast enough I hope to get this closed by year end” As Cliostock recently posted of the delays in closing on his / her deal, these things are rarely straightforward. My money (quite literally) is that this will close before the end of the month with another one right behind it. GLA
Cromwell causing trouble as usual. Do you actually own any shares at all? Keyboard bully who doesn’t have a clue.
"I will not comment on this further" from the ever troublesome Nick1978, as usual yet another lie designed to bait and cause trouble. Looks like you've shut down Tom Winnifrith and Elric too, and what do you think you've gained by doing that? Many of us gained from their insight and gathered greater understanding of the market on many fronts. Looks like you're universally hated now. Then Cromwell the blunderer states "The falling market cap has RULED OUT acquisitions until revenue from Croda" So if an acquisition lands this month you will apologise? No, of course not, because you believe that you can slate and slander from your Mothers spare bedroom in your underpants without any consequence. Finally our long serving buffoon Oelric "Of course I could be wrong" which he pretty much always is. The parade of LSE fools Ladies and Gentlemen. PLEASE sell all of your shares today and move on. You clearly do not understand the science or the strategy of this (or probably any) business. To all of the other long term holders, GLA and DYOR. Best wishes for what could be a very exciting year.
Odysseus, you really should refrain from posting when you’re clearly intoxicated. If you’re that disillusioned then just sell your holding instead of constantly bleating utter nonsense. There are plenty of buyers out there and it looks like we won’t have long to wait.
Ah belgrano is back! He who had never, ever had a positive word to say about this company. Always sniping away. I would wager that you don’t, and never have, hold any shares in this, or indeed any company that you openly criticise. In fact, I would go so far as to say you’ve never been involved in a business or ran a business of any nature. If, by some miracle, you do hold stock in Skin. Please sell your shares today so we don’t have to suffer any longer.
Aquae, why aren't you buying? I would be if funds allowed.
Phat, Patience is a virtue that you clearly don't possess. Maybe you should go to a bookmaker and bet on a horse, or buy a lottery ticket? Will you be apologising if they pull deals in or when Croda sales commence? I think not.
NickE, First and foremost, When I talk about "abuse" I refer to the wholly unwarrented tirade SA received from Tom Winnifrith at Share Prophets. Secondly, I have never seen or heard SA call anyone dumb, stupid or silly and I can assure you I am not related to SA but just happen to think he's one of the more professional CEO's in the circus that is AIM. Finally, I believe the vessel size question has been answered by the ever efficient Toyin.
I think you’ll find he said ”by the end of this year”. I would caution against holding peoples feet to the flame on every single word they utter. CEO’s will simply stop giving timelines for anything at all. I think we will see a very different SA next year. I would doubt that he will be as free with responses to emails or interview requests given the abuse he’s had. I, for one, am confident that he will deliver. GLA, DYOR
He was a pension director! Do your homework. And if he was main board at Croda (and he would have been as the head of the pension fund) then this will be costing OPTI a lot of money. Also please read that he’s part time. SBTX are more than just Croda. But maybe you can’t see that. Thanks God SA can!
Well that’s a lot more balanced from Elrico. He’s taken all of the facts and laid them out plain and simple. Some sensible analysis for a change.
Ah Belgrano back from the dead once again. And factually incorrect all over again. Can you name the “part timers” that are on 6 figure salaries? No, I thought not. Scare mongering as usual.
I wouldn’t blame SA if he never did another interview with TW. It was a personal attack that was extremely unprofessional and highly slanderous. The share price was nearly 30p 2 weeks ago and the only thing that has changed is that we now know that there is sufficient cash for more than a year. We know Croda revenues are due next year and we know that AxisBiotix sales are rising. Other than that what else has changed?
This is the same TW that is totally and utterly unregulated yet issues financial advice on when to buy and went to sell shares........... I wonder what the FCA opinion of this would be?
I cannot believe how negative some of the posts on this board (and others) are. There are literally zero surprises in the recent announcements. Am I disappointed that Croda revenues didn't come this year.....of course I am, is that managements fault..... categorically not. Do we think that Croda revenues will come next year........Please re-read the comments from Croda, they have quite literally told you that revenues are due next year. If I was SA I would be thinking about taking legal action against Tom Winnifrith and walking away from this. I've never seen such slanderous comments. Am I disappointed that AxisBiotix sales aren't tens of millions? Of course I am but you have to remember but this is not a direct sales organisation. The pilot sales are there to attract multinationals. I bought in on the back of the science and the potential. All of that is still there and has now been underpinned by direct statements from the head of R&D at Croda. Time to top up at these prices methinks. As always DYOR and IMHO
I'm not sure why everyone is sweating on the results. We know what the pilot sales number are based on the order numbers (circa £150k which is double last year). We also know what the cash number was at year end as it has been announced (£1.3mill). My only focus point will be on margin. If it's north of 60% I will be happy. I would also like to see what the current run rate is. I would like to see it at £20k - £25k per month with retention levels in the 80% region. The is what will hopefully bring the bigger deals. Overall I'm happy with the Amazon UK news (He's damned if he does and damned if he doesn't) GLA, IMHO, DYOR
What a load of old twaddle! They expect SBTX to sit and wait just for Croda's launch? He hasn't exactly done a great job himself after 11 years, £400k of sales after all that time........think about it. He got caught selling and he's putting smoke screen up to detract from his own poor performance. The slandering of a CEO who's managed to raise money in an incredibly difficult market is both unnecessary and frankly unprofessional.
SOH hired SA at SBTX! He's simply trying to detract from the underhand selling of stock and woeful sales performance. SA has achieved a lot more in 4 years than SOH has in 11 years. Look at the value of each company. The shares in SBTX are the most valuable thing that OPTI holds. I can't see how shareholders can be anything other than furious over this.
Thank you Toyin, that explains it all. Aquae, with the greatest of respect, SBTX issued NEW shares to Unicorn, that's clear from the documentation, they did not buy OLD / ISSUED shares. OPTI have sold 1.45mill shares on the open market and have been caught red handed. They, unlike us, appear to be scraping the barrel for cash and tried to sell under the radar and the only reason they got caught out was the placing which triggered a TR1. I really don't understand why OPTI didn't ask SA to raise the money openly, he seems to have no trouble raising cash. In fact, he did a raise in November 2011 for £2mill that was all for OPTI, our company didn't take a penny of that raise and it was all above board, unlike this selling...........It's almost poetic justice.