Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Coverage in the Daily Mirror and The Express today. It seems the change in PR representation is working well as this is more coverage than I recall, cumulatively, over the last 4-5 years of being invested here,
Thanks. Unfortunately at this stage conjecture and trying to piece something together is all we are able to do. I can't see us getting anything tangible on sales numbers for some time (it is unlikely they will be impressive at this stage given zero advertising, one website-only sales outlet, and general lack of awareness) so the only real news I can see us having any time soon is news of a commercial tie up. This product needs to get into mainstream retailers, and surely news of this nature would be significant to the share price. In the meantime, piecing together what limited info is available in the public domain is all we have available.
Thanks curiouser - do you have any context for that ranking.. ie is it for say the health sector? For the UK? Out of how many apps is it ranked that position etc? Sorry to be a burden but its very useful information, but would be handy to get some perspective on if thats good or bad (rising is clearly good though).
Excellent info, thanks for sharing with the board. Do you think it would be fair to assume that asides from some curious investors, app downloads would be a reasonable proxy to units being sold? I mean, the app offers little value when not in conjunction with the monitor and data inputs.
Buy out is an interesting notion. That's 1.3% of the company snapped up in two trades, and the price didn't even budge. Not exactly what us shareholders want (or deserve - can you imagine if 1.3% was sold), but its exactly what a potential acquirer would want. Build a stake without paying too much to do so. Will see if many (any) of the same ilk follow.
Hopefully BOD or someone who has caught wind of distribution tie ups...
I can't see where one will come from re the show. How many people were there? A few hundred? I'm not sure CPT could realistically expect to have sold that many in honesty. For me the show was more about signifying the launch of the product, liaising with prominent academics and influencers in the field, and beginning the long journey of spreading the word. Retail tie ups will be critical here, and I struggle to see sales traction gaining until promotion cranks up a notch and retail distribution chains are established.
The 600 was a buy. But definitely great to see some momentum, and a very slick website certainly gives this product the professional feel it has seemed to lack. Excited to see how the CPT team deliver at the Fertility show, and what sort of feedback they get from attendees and hopefully future customers. Onwards and upwards - finally feels like seeing some light at the end of what has been a long and dark tunnel for longer term holders.
The website also claims that women will be able to buy at the launch price of £249 at the Fertility Show on Nov 3-4 next week. This implies they anticipate CE this week. Let's see.
Good to see what does at least seem to be a semblance of progress, in terms of the website and a professional medium for orders to be taken. The introductory price of £250 (instead of £350) isn't going to be margin supportive, and had thought that this product would be relatively price inelastic. If someone is in this position, wants / needs this product, then I can't see £100 making a difference. It's targeting a discerning market so I don't really get that discount, but as ever, seems the powers that be at CPT and me disagree.
Clicking on "BUY NOW" shows all the options available to customers, and the area for the App has also been developed. Though a click of it says "Coming Soon". Might be some legs in the rumours that everything is ready to go, just pending the CE approval to get these products on shelves / in stock. Fingers crossed.
Serious buying. Small free float to begin with getting gobbled up. Keen for the TR1 to come out to see who’s behind it.
I don't see the link in honesty. This is zero correlated to main markets, and certainly has done nothing bar collapse whilst main markets have been strong and in most instances, been at or around all time highs. This was scarcely printing new all time highs or seeing capital injections last week when the US markets were at all time highs, so don't see the link to this now they are falling.
Another double digit fall today. We as shareholders have to face facts that this is still a £5m company, that can not sell anything nor any demonstration that its "cutting edge" product at an elevated price point can even garner any interest. More than likely we have a way to until at least the AIM pump and dump crews pick it up for a run.
Hopefully whilst sat nice and comfortably they can think about how their company has lost a third since Monday, on no adverse news and next to no volume. Also interesting to see a semblance of bounce today - buys outweighing sells by about five times. Unfortunately for us holders, a Concepta bounce means being down just the 7.5%.
I agree - its the only outcome when you have majority sellers. No news needed. Just people jumping off a sinking ship, taking any price to do so, so at least that money can be put to work elsewhere.
It is scarcely even a surprise to see this down 20%. Who in their right mind would buy something like this the way it is performing.. look at the weekly returns here. I'd have been better given the money to my young child to post down the drain, at least she would have had some enjoyment out of it. Instead we have been buying to take the shares off flippers, who are cutting this at a loss (I know this for a fact) any price to deploy their capital somewhere that will work for them. And those flipper shares have come about in the first place to keep the BOD In cushty jobs, as this bounces from chasing one rainbow to the next.
Until the BOD start tangibly backing this share, in the OPEN MARKET, to provide some sort of bid in the market- it will be complete value destruction. On a personal plus, my risk is now just 2.5 lots.
It's just a complete car crash of a share. You have a BOD that are happy to pocket six figure remuneration packages whilst simultaneously destroying share holder value, and don't contribute a penny of their own towards taking a vested interest in the shares by buying on the open market.
The combined holding of the BOD and non purchase by new members to the board shows the level of contempt they hold for shareholders and the company, and what they really see happening long term here. As long as the salary keeps flowing, with the upside lottery of some free options should anything decent come off, then its win win for them. And just us loyal shareholders who take the risk, and losses.
You have market makers (understandably, doing their job) running it lower to try and entice buyers as there is just no volume i.e trying to make a market. They can barely run it up because there are only really sellers of note, so why run it up and have to pay sellers more - so down she goes. And then no new buyers seem to materialize because the company doesn't release news, or apparently sell any of its product. So you just have a perpetual drip of the share price lower and lower, and seemingly new all time lows every week.
The (non) actions of the BOD in buying shares is making me begin to wonder whether or not the feedback they've received from the Chinese disaster (I'm thinking along the lines of price point and affordability to make this a viable business model - at the end of the day they got in with a Chinese big hitter, and still couldn't sell a jot) has been such that venturing into new markets merely serves to keep the very healthy remuneration going. Whats the alternative, give up, admit failure, and all be out of well paid jobs? Doubt it. My personal saving grace is that most of my holding has moved into spread bet, on a £ per penny basis. I now see the positive in that I only can lose a maximum of 3 lots more (about 14/15 lost to date).
I don’t think it’s a case of “he spoke with the management team and all will come good”. I just quoted what he’d said - that he has more faith in the new leadership, than the last ones that oversaw the complete wealth eradication that the other poster has alluded to.
Like you, no plans to average down. It’s been an incessant case of good money after bad, but with that being said, it’s not a sell for me at this price either. The market cap is piddly and everything is ready to go - so in a more receptive market, who knows. I’ve all but lost all my capital here so nothing much more to lose, and the risk/reward now is more appealing just to hold and see which way the binary bet plays out. In hindsight, to try and attempt to crack the Chinese market like they did with such a small team, network of contacts, and financial depth looks absolutely absurd. This venture into the UK markets will answer the true unanswered question of if it is the product that is the problem, or the complexity of the target market.
By no means pumping. He's pretty transparent about the failings, but has spoke with the company as recently as today, and has a lot more faith in the new leadership team than the old, and sees a relatively fast track off a now low cost base to revenues and profitability, in relatively short order following CE approval for the UK and European markets. These are anticipated within weeks, and at this piddly market cap, is certainly not a seller of stock given the high upside potential.
Total car crash of a share. RNS reads decent, but certainly nothing that is overly going to entice investors and still a very meaty burn rate. One salvation is at least an element of that burn has been capitalized / one off nature (production facilities) and a small amount has gone into inventory.
If I was reading this fresh, I can't say I'd be overly lured in by it all. Ironic too, another Director appointed to the Board - and in true CPT fashion, holds no shares and even at all time lows (new ones hit almost weekly), he can't muster up a meaningful buy. Shameful.
Researcher, I'm very much going for that exact reason. I've lost the majority of my capital here, a meaningful sum to me, and at least want the opportunity to ask them a few questions and say a few things eye to eye. They've no doubt heard enough of me via email, telephone and bulletin board.
Agree with that. Yorkshire Seed's support definitely the exciting news in terms of recent TR1s. Spreadex is scarcely long term sticky money, and the fact so many have been accumulated and we've barely budged off the lows is not overly inspiring. Hope we hold up equally as well when those CFDs are closed out and the notional dropped.
Anyone planning on checking out CPT's presence at the Fertility Show in London in early November?