RE: TW Tip of the Year31 Dec 2023 14:56
Happy New Year's eve. On checking, I think I have held Opti for 5.5 years. I was first drawn to the company via an article in a newspaper. At that time, the focus was probably on SlimBiome. So perhaps I liked the idea that a slimming product had science backing it up. But as time went on I became more of a fan of LPLDL /Probiotix. And of course in the background, we have the carrot (or sweety).
SlimBiome appears to be holding its own, in a very crowded market. Backed by what appear to be some promising deals abroad. SBTX and more recently PBX, have been cut adrift, and we now have to rely on the two SAs being able to build on what SOH oversaw. In again, increasingly crowded markets. Though not as crowded as slimming. And for SweetBiotix, we are having to show unending patience. Ditto Microbiome Modulators.
As far as SOH is concerned, my impression is that he is a genuine person. He can be a bit vague regarding the value of deals made and timescales for new products. But he is a canny operator, having run this company for well over 10 years, with no debt and very little dilution. Though SBTX holders will be irked by his sale of Opti's stake in the former.
I will continue to hold, at a loss (ave=mid 50s)in the hope that SweetBiotix starts to bear fruit, sweets or carrots. But the longer Sweet takes, the more competition in the natural sweet fibres market. And the less ultimate reward.
For info, I hold Opti, PBX and SBTX. My Opti holding is much greater than PBX and SBTX, though none is particularly large. Having held various FTSE 100 and AIM shares, these are my remaining holdings. I have just been offered 5.8% on renewal of an NS&I savings product for 3 years. And that is a certainty! IMO most AIM shares are an expensive hobby/gamble. And most AIM CEOs are greedy, overpaid and nowhere near what they are cracked up to be.
What a load of old waffle!! :) Sorry, not much on telly and weather awful. Cheers MU.
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