Member Info for MrBB

I hold a few shares ,from the bad old days & until the recent relaunch as Tooru ,I had written off my investment .

We operate in an unsexy & hugely competitive area of the retail market -yet we have a state of the art manufacting facility ,seem to be developing our brands while building our customer base & RL is clearly looking at low cost brand acquisitions while being aware of the need to provide working capital ,as a holding company function .There are some incredible success stories in sports nutrition ,nutrition generally & our gluten free niche looks set to grow .

I wouldn’t usually invest in this sector but as I am here by default ,I have to decide whether to add more at what could turn out to be a low value ,or bail out & gratefully receive something for an investment which recently had no value .

That’s the dilema!

There are several RNSs pending over the coming days weeks-apart from the FY25 trading update-eg China approval, launch in S Korea,results from 2 key studies which ,if successful, will expand our prospective market further.

Colin has previously been clearly supportive of SEE as the most tech able provider in the market.

Perhaps he has decided to appear to be more impartial with view to his attempts to sell his services & reports.

As we all know -we are all awaiting RFQ news regarding contracts from 2028 onwards together with news of contract extensions with existing clients.

Agreed-would an OEM be happy to lose a $50k unit sale as their T1 used an inferior component, saving them $5 ?

I was surprised at the time that they referred to March as that would be more than 6 months before settlement date & with view to our expected substantial increase in Auto KPIs there would be 3 quarterly KPI reports + Finals - so much scope for us to prove that we are very cash flow positive & profitable & for our SP to be substantially following a period of strong trading & ,hopefully, positive newsflow

See have stated previously that they hope to have the Magna CLN resolved by March

So has recovered strongly from lows for the year & we have recently been substantially de risked -so SP could well continue to re rate & if will obviously have down days but my view is that trading it in anticipation of a lower entry point is a higher risk strategy than holding or buying .

AIMHO

Excellent returns Barry & I admire your conviction & well done to you too Nas-the hardest decision for most PIs to make is when to take profits.

I bought post IPO at under 140p,had a decent number & sold 50% on each doubling & sold out completly,a few years ago, when I felt the previous CEO had been conservative with the truth following a rare problem.I bought back in subsequently & most recently at £30 a few weeks ago.The FY25 trading update,due next week should reiterate that we are on target to meet expectations ,although exceed would be better!

Our Board have done a terrific job in creating a global company & our US operation seems to be poised for material growth-especially following the latest news announced.The awards are very generous but the Directors have created substantial wealth for themselves & shareholders & had I had the stomach for going all in following their IPO in 2013 I would be a very wealthy guy-instead of which I am very happy with the returns on my modest investment.

News next week to support our strong day today ?

Paul & Martin have previously stated that they expect that the loan due to Magna will be resolved by March 2026 ,long before the conversion date so they clearly have a cunning plan as $46m debt will not be resolved in days

Cold Fish Pie is back onboard ?

Perhaps ZF/Harman expect to be competing with Mobileye & Bosch than ourselves -although they could be investing in Cipia acquisition to create their own in house DMS to comity with ourselves ,SEYE & Tobii

The news in 2026 has to be better than good to seriously kick start our SP but as Mark is expected to provide an update tomorrow , I presume he will spell out , as clearly as he ,how he sees 2026 panning out & as our cash position is of crucial interest to all of us, perhaps that will be referenced too.

Hopefully we may be working with additional Fortune 100 & Fortune 500 companies !

Our SP is moving on speculation alone ,hardly a surprise with view to our low market cap & large free float .Only tangible news can move our SP materially higher & ,as time passes, the lack of news will eliminate the froth & see us lower.

Mark needs to deliver $$$$s now-not collaborations- & , who knows, perhaps he will surprise Porky & The Detractors ( a punk band from the mid 1970s

Results due imminently will be interesting ,together with the Outlook Statement ,which will hopefully be very positive

CFP has been quiet recently so perhaps he/she/they/it have had an epiphany ?

Presumably the proposed fund ,once established,would be able to invest in InsG & trying to identify small quoted companies which the fund may invest in could be interesting.

Retailers are very demanding when it comes to stocking new products & supplier contributions are often substantial , resulting in reduced margins.We raised £500k at 0.75p which was obviously considered fair value by our advisors but we had hoped for £1m from that raise.If we can demonstrate confirm good margins & a stable cash position we could be in for a strong recovery next year & achieving 0.75p would terrific vindication of management efforts.

Until our current financials are clear & the need for more funds eliminated we remain high risk-but,as ever , that presents the opportunity for high rewards.

Pity Mindflair arent stronger as selling our 8% is clearly a future option.