Member Info for Mafuta

This made ME laugh: "Always makes me laugh when its the MM's fault on the way down but not on the way back up" ... who in their right mind would complain when the SP rises? .... unless of course you are short ... ROTFLMAO

TJB: "Massive discussions currently online" yep it's a Womble convention

With the investor meeting all questions answered openly and honestly

and my post Mon 20:10 ... It's an odd fact with trx the price often softens post results ... Don't ask me why

Methinks the trading range for a HNWI has now been set and the brakes are off a bit ... RNS due soon?

Financial highlights

· Group revenues increased by 12% to £6.8m (H1 2020: £6.1m, at 21% constant currency)

· Orthopaedic and Dental division recorded a 26% increase in revenues (37% constant currency) to £4.3m (H1 2020: £3.4m), driven by strong underlying performance in the US market

· Gross profit of £3.1m (H1 2020: £2.9m), delivered at a 46% gross margin (2020: 46%)

· EBITDA loss reduced 48% to £1.1m (H1 2020: £2.1m) due to sales growth and tight expense management

· Cash position of £6.6m (H1 2020: £13.7m)



Commercial highlights

· US product shipments increased by 44% in H1 2021 compared with the same period in 2020



Operational highlights

· Restructuring of US commercial operations providing savings of US c.$350k in H1 2021

· Phase one expansion of the San Antonio facility completed on time and on budget

· Both government backed loans (part of the COVID-19 relief programme) have been forgiven

· Appointment of David ****e as Chief Financial Officer

· Trevor Phillips and Brian Phillips appointed to the Board as Independent Non-Executive Directors



Post balance sheet events

· Two additional products added to the Biosurgery portfolio, DermaPure Mesh and VNEW®

Andy: "LSE goes down more often than a cheap hooker they really need to spend a bit on their platform. Would also be good if they had a little more vetting of wombles when they register." ... I saw the site going down a blessing in disguise ... Prevented me from reading and responding to nonsense and conjecture ... Plus I got out to enjoy the sunshine ... Make the most of it autumn starts on the 21st ... And news will drop when it's ready ... I don't really mind the crab waltz but wish HMRS would hurry up with my rebate ... The levels at the moment are excellent buying opportunities ... Pretend hugs Mafuta

You just cannot equate risk as simply as that you need to look at how quickly they could recover from loss ... You may find they would recover £1m a lot quicker that Joe soap could recover £10K ... Plus you can bet they have many other "rods in other fires" too ... IE they diversity their portfolios and have (expensive) financial and tax advice ... they didn't get to be HNWIs by accident ... As for me? I'm comfortably numb ...

You can do it live but best to ask in advance as they stop answering questions after the allocated time.

I've been looking at the price movements over the last 3 or 4 weeks and I am convinced that what we are seeing is price manipulation (despite that some deny this happens ... it does and it will continue as long as MMs have a free hand to "create a market") ... Now the all important question is who are they manipulating the market for? My money is on a new HNWI. who wants to enter ... guess we will find out in due time ... Enjoy the summer folks ... Mafuta

https://twitter.com/vast_resources/status/1434802688244473861?s=19

Little village you really must live in a little village ... These shares have been on the market for ages ... It's only your frozen shares that are not tradable

Now that's an interesting option Thoth ... Guess we will learn soon enough ... What is sure is that the MMs will not get away with their nonsense much longer ... Mafuta

The share price usually drops after the results but I have a gut feeling the results may be better than anticipated ... But it's only a gut feel ... "See" you at the investor meeting

Colbalt ... That's my gut feel I am reasonably confident that once they have another investor on board they will go for a grant under the future fund ... Just a gut feel BTW

Although they may get a kick up the rear to get a move on soon ...

Can't see any other reason why the sp has risen today.

It's because the golden goose hasn't laid it's eggs yet

Krone ... that is a very interesting read indeed ... Thanks for the link

Basser ... Noticed that ... Could be that they are under increased pressure to close the deal on SRA737