Member Info for netcurtains

If you look at the balance sheet SBTX has absolutely nothing going for it at all...

All that counts appears to be the contract with CRODA and expected news related to this contract....

If the news is "big" the share will go ballistic.

If the news is "damp squid" it will tank..

Pays your money take your choice.

tankers are statistically more correct than the ballisticers.

But on this occasion I'm a ballisticer.

https://www.wsj.com/market-data/quotes/UK/XLON/SBTX/financials/annual/balance-sheet

I think investors think there will not be any massive share price rises when news breaks because insiders and their friends will be buying shares like mad. I used to think that... But then I liked Triad PLC at 7p (its about £3.5 now) when I was a contractor there. I felt this looks good why is it so cheap? I was the only one who had an investors mindset. Most coders make money coding not investing. They think in a different way. It took an outsider, Sunshine Today to make more people aware of the potential of Triad PLC..

SBTX might simply be similar. Insiders might be biochemists and think in terms of future "share options" and careers. They dont give any time to the current stockmarkets. So it is possible (I dont know if its probable - that is a different matter) that SBTX might be another TRIAD -PLC in the sense, incredibly undervalued and no one cares until much later - when its already gone up 200%.

Often after a little FTSE100 run nears completion private investors start to look at potential AIM investments - so possibly SBTX might be coming good just at the right moment in the investor cycle. The Cosmetic Trade show is in March and the new ISA year is on the 6th April... Before then we have CRODAs full year accounts - Feb 25th. Anything to do with Cosmetics in those accounts will make interesting reading - especially any OUTLOOK messages from the board connected to cosmetics.

If people want to keep in mundane,

Because Labour have relaxed the pension laws so now pensions can invest pension surpluses

we should see a general rise in the entire UK stockmarket...

Some of this will go into AIM shares...

"A rising tide raises all boats"

so its quite likely SBTX will rise slightly on the back of no news

But UK stockmarket currently bouyant and SBTX looks promising.

ITM Power is a NET-NET stock in that its current assets (eg cash) minus any debt is bigger than its share price. This means the investor, in a way, gets the shares for free.... For example it has about £300M cash but the market cap is only £220M.... The market currently thinks ITM is not only worthless it thinks ins less than worthless. Thus I have bought some. I dont think GREEN HYDROGEN technology/know how , factory space, office space, workers, potential sales are worthless. I think there is tons of potential value in this share. So I have bought some.

Why do you think the company is less than worthless? Convince me?

I see that CRODAs end of year results occur on the 25th of Feb.

Is it possible because of those results, SBTX are not allowed to report anything

as it might affect the market for CRODA pre-results?

I just feel the company has gone a bit quiet...

Cliostock: I have tried what you suggest a few times but invariably when I take that approach I'm away on the critical days or I have forgotten all about it.... For normal people like myself, these things only work if you have "skin" in the game.. You have to remember most people are who invest are very busy or elderly - either way makes you forgetful. You can do all sorts of fancy alerts on your phone but its not going to happen.. No one loves a specific stock that much... You're either in it to win it or you forget about it..

SBTX just need to do a couple of deals with some East Enders stars, or social media gurus and its products will go ballistic.

The UK might well be seeing the birth of a new global cosmetics company....

Rising tide raises all boats:

Global Cosmetics Market is estimated to be valued at USD 380.2 Billion in 2021 to USD 465.0 Billion by 2026 with a CAGR value of 5.5% from 2021 to 2026.

With the flourishing fashion and entertainment industry, the demand for latest cosmetics is increasing significantly.

SIGNIFICANTLY is a rising tide...

How can SBTX fail? Its passed the clinical trials... Its got its launch customer CRODA, its getting royalty payments... And its now onto other products and buying factories..

SBTX is going to be a big name in UK and global cosmetics....

If it went up 10 times the company would have a market of £400M.

In order to get that it might get away with annual profits of about £3M to 4M "IF" in the forward statement it says: "it will, in short order double its profits" (or words to that affect).

We're a long way to go before we're there.

Lets get it doubling first! (I guess that would need NET real profits of about £100K to £500K)...

Please dont think there was any skill in this.

It was pure luck....

I am just an average punter with no special powers or abilities.

Cheers Net!

Thanks Dustbin101 that looks interesting...

Touchwood..

CRODA (FTSE100) appears to have turned the corner and the share price is heading north...

Perhaps the chemical/cosmetic sector has now turned the corner and it will be the minnows next.

Hoping for great things...

80 to go before the trade show..

For every sale someone is buying...

Are the MMs buying only to sell them higher to us later?

My gut feeling is, on the day the selling stops (or day after) there will be a massive spike in buys as the people who are waiting for the "music to stop" will pile in.

What do you think? Is this plausible?

I recently bought a few grand...

Its been going down ever since...

Ouch..

But its not important unless sellers are insiders.

Who or what is/are SOH?

Thanks

Nice buy at @118 - (delayed from yesterday).

· Gross sales* increased 13.9% to £182.3m (2020: £160.1m)
· Revenue up 14.4% to £173.9m (2020: £152.0m)
· Gross profit increased 16.8% to £83.7m (2020: £71.7m)
· Gross margin improved to 45.9% (2020: 44.8%)
· Operating profit of £19.8m (2020: £1.2m)
· Profit before tax of £17.7m (2020: loss of £0.6m)
· Earnings per share of 37.5p (2020: loss of 1.4p)
· Government support of £6.6m (2020: £nil)
· Cash generated from operating activities of £24.0m (2020: £31.3m)
· Strong balance sheet with cash of £91.8m at 23 January 2021 (2020: £61.5m)

Market Cap 99.2
Profits AFTER tax 14.2
This means current PE ratio is 6.8
6.8 pe
(If you deduct cash its only pe of 3).

Traditionally (normal-ish years) BABs makes annual AFTER TAX profits of £200m to £350m
Currently BABs has a market cap of: £1,000m (Its now valued at just 3 years annual profits rather than a more normal 10 years).

Data from Wall Street Journal.
(over 5 years)

Https://www.wsj.com/market-data/quotes/UK/BAB/financials/annual/income-statement

Over 5 year period average share price for BAB is 600p - its now 210-230p

There is a possibility that shareholders, if lucky, might be able to get some cheap shares via a rights issue (although that is just speculation at present).

Upside a 3 bagger. Downside - not sure... Cant see it going much lower.

To really make money from a bull run its important not to get shaken out too early.
Reading the "outlook" statement for 2021 it does appear that Triad have won new contracts that start early 2021. This implies they will be back to making £0.5m to £1m and possibly (with the new model of using permanent staff as per Kainos) as much as £1.5m to £2m.

So I can see this bull run (with one or two ups and downs) getting to £1 to £2 a share within a reasonable timeframe. To get a feel for the big out there look at Kainos recent report. Remember "a rising tide raises all boats" - IT software development is in an upward trend. Hold on. Dont get shaken out. Add on dips!