The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
That’s precisely how I feel Clio. Very happy long term holder that fundamentally believes in the science, the management team and the overall business strategy. The initial blip was created by OPTI and Stuart has zero control over that. The sales miss is simply a timing issue. Lots of other irons in the fire. The current share price is very cheap indeed for a stock of this potential.
And the first stage of investing is understanding the product and the company. This is not and can not be described as a “psoriasis treatment” because that would require a clinical trial and that would take a long time and a lot of money.
Someone needs to learn how to read an annual report. That number for SA earnings will include share options and everything else.
Why don’t you do is all a favour and sell all of your holding? You clearly don’t rate SA and do nothing but complain and de-ramp. You’ve clearly never run a business of any shape and are very bitter. Most of us here are long term holders that know this will take time. You clearly are on of the “instant gratification” group that demands everything right now. This is a tiny company with less than 5 people in it that have achieved so much with so little. I’m in agreement with Phat. In Stuart we trust.
And how long did it take OPTI to reach that sales revenue number? 10 years? Yet we pounce on SA and his small team after 3 months soft launch and 2 months actual sales. I’m betting he will land the £1.2 mill shortly after the deadline in June and most certainly before calendar year end. No way he would say he can hit is 6 weeks ago and reverse it. This smells of an over cautious NOMAD to me. And Lord knows we’ve all seen that before.
Plus 3 months to the year end with a rolling 70% retention rate. Your maths are fundamentally flawed.
Let’s not forget the retention levels of circa 70%. That rolls over every month
He didn't rent a 10,000 ft warehouse at all. He just clarified that in the Q&A. He rents shelf space. Classic 3PL and very wise.
What a load of drivel! SA didn't mislead anyone. He has never given a number and has always , and I mean always, used the term "soft launch". The product works and it is selling. He is legally required to tell us if he isn't going to hit the market forecast and he's done just that.
Give them a chance folks! They been selling for a few months only. We know it works and we know they are cautious and frugal. We also know this is not a one product business. Exactly what you want from a management team. I’m expecting very low numbers for the reported period and a glimpse of what the plan looks like going forward. If it’s a fast buck you’re after this is not the stock for you! A 2-3 year wait to see the real value here. GLA. DYOR
Well said Elric. I think I will be applying the filter too.
What a stupid post. Please sell all of your stock if you’re so negative. This is not a forum for trolls. Head off to ADVFN for that. That’s where the rest of the idiots reside.
I agree with you about the numbers. This company is well run and cautious. I believe the numbers will be very low as they have always used the word “soft” before the word “launch” this is deliberate. They have transformed the business into a commercial entity considerably sooner than anyone expected. I’m happy know the product really does work. They would need a massive marketing budget to get this thing global in anything under 2 years. We are not even 5 months into a launch and 3 months of that was testing the supply chain. I personally think SA is one of the most impressive CEO’s on AIM at the moment and I for one am in this for the long run.
Some silly selling going on today. I appreciate the market is down overall and there is some sentimental selling but to be down by circa 12% is just daft. Time to raid the kids piggy banks and top up again methinks.
Excuse my question "drifting", have you been clinically diagnosed with psoriasis by a dermatologist? You mention that you don't know whether it's classified as chronic or moderate. Maybe therein lies the problem?
I remember SA saying that, at the time of order, they became Wincloves second largest customer and he said that was Wincloves words and not his. He added that “maybe some day” they might become the largest. The fella has a tough enough job without piling in on his every word. If I were he I would simply stop doing interviews so that he can never be misquoted. It would surely free up a lot of his time. Just a thought. GLA, DYOR, LTH
It beggars beliefs at tImes. I’m sure Stuart must dread posting an RNS as the SP is often all over the place for a couple of days. I’m holding and continue to top up whenever funds allow. This guy is a calm and composed operator and knows precisely what he’s doing. IMHO, GLA
A solid RNS from Stuart & team. Calming and steadying the market. They’re on track to hit the analyst forecast and the main marketing programme has begun in earnest. I guess after Tom Winnifrith’s blog the other day where he was literally hyped by the 2-3 year prospects and the shares suddenly rocketed they had to put out a calming statement. Well done team SBTX.
Nice TR1 from Tyndall showing they continue to increase their holding. Smart institutional investor that has gradually increased their stake since the IPO. Great to see. GLA
And there we see the true value of day traders and the usual spivs to boot. Marching strongly ahead and they can’t help themselves. SA must shake his head in utter despair at times. Keep plugging on Stuart. There are many of us who know the long term value here. Have a good weekend all. M