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Ive been in since April 2021. I remember the wait last year and then the drop from 28p to 6p...
This is the latest.... "Within a very competitive drilling rig market, driven by increased oil and gas prices, the Company remains confident that we will secure a suitable rig for drilling at Rukwa within the 2022 drilling season."
That to me says they are struggling to get a rig as its very competitive. Yes, discussions may be advanced but "remains confident"... this was two months ago... its now almost June.... and the rains start in November.... It's looking unlikely unless we hear by end of May / at the mining conference.
Why are others confident that we are getting a rig?
This interview..... Q3 this year but no announcement/RNS. Yet it has affected the SP. The last was that "advanced negotiations". This seems odd to announce it in passing (it is just glossed over in the interview).
Also, we never got detail 2d seismic results / shallow finds. No detailed information on this.
Im pleased the SP is increasing (as average is 14p) but I dont like how this was announced.
He also says that the basin is "undiscovered" so its not actually "de-risked" aside from the positive spin HE1 puts on it
Elrico. That was pure BS. Im sorry. The RNS on the material miss was also laughable and trying to cling to any slight positive. You guys are beginning to sound like a SA cult.
So far, the company has missed its sales target by almost 98%. But of course from Jan to June.... that could be made up lol.... I think the target by June is to get to at leats 10% of target, but it wont even be that.
Honestly, read back your post and it was utter bilge.
lol Toyin! Ok..... fair enough. well on target then??
Just another 99% to meet target in 6 months, after 3 months. Wow, that is some exponential growth. Ok. Lets see the figures in June/July. Laughable
oh forgot... elrico and belgrano and others were also saying only a couple of weeks ago "guys, we dont know what material means". Yes we did, we knew it meant "awful" but even i didnt think this awful 365 users???? Isnt that just friends and family and a bedroom online business... most people on amazon/ebay sell more than that.... its a one person bedroom business at the moment
Aqua - all of that makes sense.
I would just like to hear from elrico and belgrano. Do people remember last year them saying 'wait until march" and saying that the penetration and uptake of users was looking so great etc etc...... and what do we see???
1.2 million target actually achieving £21k.... jesus.... that IS MATERIAL. Good grief. So the company achieved under 2% (about 1.79%) of its sales target.....
That is dismal. And honestly a CEO that gets it that wrong, does not ciurse correct when it's that badly missing before 6 months should be sacked. Sorry. But how do you guys have faith in him?
Did any of this come up in your beers and curry meeting in Manchester??/ No, it was all "dont want this to be a news company" "cant say too much but things looking good"
Er...... no. Just not true was it??? So wy the faith in him? Missing a target by almost 99% jesus...... anyone can do that for a fraction of the mid 6 figure salary SA is on............. has he even said sorry???
Love this board. The support, the advice. Lack of idiots. Been in since April.
Anyone know why this 25% rise ? Do some people know something? Rig about to be announced next week?
Second question, im heavily invested and was so gutted when this fell to 6p or so in June. Then rose again... question, if this goes to 15-20p and i make healthy profit.... do i sell some to offset any risk or do i keep it all in and ride the waves???? It's such a dilemma.
What are others doing? as this is so binary.... nothing to analyse... it either hits commercial helium or it doesnt....
lol. Ive been holding 18 months. you? Never run a business? Depends what you mean. But I have launched pharma brands and also know you have to market new products... especially ones for "microbiome" that is new and unknown.
Also, on the website. I just checked again. Think they have slightly updated as it's not there now... was there a day or so ago. So.... that bodes well. thought it would still be there in "may/june" as i said. but it's been updated. So great... hopefully sign of better / more strategic marketing to come....
sigh. GO TO THE WEBSITE AND SEE THE PRODUCT PAGE> IT SAYS PRE_LAUNCH ON THE WEBSITE
i honestly dont understand people with your views. since October people have been sayin "wait until March. The numbers. Momentum building" and "SA is being so clever, no spend on marketing" and "this will be a game changer, wait until March".
FACT. The launch (soft launch???) has failed. Massively behind on numbers. No marketing. Amateurish things like website out of date since Oct/Nov.... 6 months.... Amateur.
Fine. Numbers may increase (increasing from "material" missing of target (i.e. massive miss) to slight incarese doesnt cut it). Its a failed launch. Most people accept that. Needs a new marketing and post-launch strategy. Again, most people accept that.
Your arguments dont make any sense. It isnt a success, its failed. So now the hope is they learn, change and slowly numbers increase. But the market once disappointed will take months, if not a year or two to get back to 50p or 60p.
Toyin. Lol. So the launch plan was no marketing/no launch? In that case, from the real play down of numbers sold, then it has worked well.
NO. You either launch or dont launch. Not "we'll see". Shows a lack of confidence in the product. And if the website is still saying "prelaunch" well... wont that also put off customers? It's looking really amateurish, with a half-decent product that needs proper marketing and branding. call in croda.... Not inexperienced people running a business from Mrs Miggins pie shop....
i hope so. but one person? need a small team... CX people, UX, digital..... especially in this line if business its digital.... i mean, you guys seem to trust SA... but who goes to launch with no marketing or launch plan? The fact that the board / ir anyone else did not ask this of SA says to me total inexperience. The fact they didn't look to Opti and think "slow sales, let's avoid that scenario and lack of digital sales/marketing". Says lack of communication, lack of nimbleness, lack of ability to learn and improve. Lack of sales/marketing innovation.....
I mean, with hindsight. Having no launch or marketing strategy?? Doesn't that now seem totally naive? What other business (even one man bands on linked in) does that?
Oh and to the guy who said im not invested. Of course I am, why else am i on this BB?
Does the above not make you question the experience of SA/the board/both? What possible reasons can their be? And now, trying to do a relaunch after failed no launch.... its really bizarre. The product from BRIGHT is "decent" and we dont know long term. But the results were not EXCELLENT. They were good in the short term. Hardly conclusive.
A lot of uncertainty. But lets see how long it takes to update content/website... my guess is not until May/June.... and that is a simple couple of hours work..... and as a small company they should be nimble... if they are not and/or inexperienced as they appear, how will they succeed in such a competitive market? Maybe best if Croda buy and just do it properly to maximise sales....
Hi all. Love this board. i'm pretty heavily invested. Since last April. Rode the roller coaster... didn't top slice at 28p... :( average SP now about 13p. I wish i had sold at the recent 14p and got back in at 8.5p with half money but same amount of shares... hey ho.. Hindsight...
QUESTION. This is a nervous time. First question. Will we get a rig? "advanced discussions". "committed" to drilling in 2022..... no guarantees. Do people think we will?
Second question. How is the basin de-risked? and they keep saying they found a working helium system. But they didn't... Tai-1 found some "seals" and some Helium bubbles but no free Helium.... and when we lost the bill part and the hole collapsed the wire line was not confirmed any Helium. Also Tai-2 was a duster - no helium at all and only 20metres from Tai-1....so how can they say they found a working helium system?
Third question. The 2D seismic results. Have we heard anything on these? Except "results looks interesting"? That means nothing. They were done in end of last year/start of this.... so where are the results for independent assessment? And any shallow helium sites?
If people could help with these three, that would be great.
Hi all. Working in clinical trials, the study earlier this year was not scientific. It was not randomised and it wasnt blinded. It was a consumer market research. Thats fine - SA an dthe company never claimed anything else. doing a ranomised study is realtively high risk and for hwat gain? yes, could then make scientific claims, and be a "drug" but is that where the company wants to go? The benefit would be it would differentiate from other food supplements.
I DO HAV THIS CONCERN. Looks t the website. It still says "register prelaunch"?????? WHY??????? Why not update website and promote the launch product, say how many satisfied customers etc etc. This and the soft launch fiasco does make me question the marketing expertise of the company... and SA has to fix that. But jesus, simple job, pay someone to constantly update the website and have content, push to marketing, web banners to where sufferers congregate.... simple stuff.... the marketing and digital marketing seems poor.....
Really appreciated the thoughtful response. I'm holding. Bad time to sell when bad news breaks. But have in the past done that before and then let it slide right down.
I would say one thing. Lets have no more "we are not a news based share price company". That supporters of SA and the company said. What???? All companies are news based!!!! What else is there??? NEWS of sales good/targets met - sp increases. NEWS of sales bad/"materially" missing targets then SP falls.
Lets have no more of that nonsense as an excuse for soft launches and bad marketing plans.
Looks like i will hit my bottom sell price of 25p by next week. So disappointed
I hesitate to call elrico a ramper. I think he actuially believed what he said. But the facts are these:
1. Missed sales targets by a "material" amount. This to me means about 40-70% missed target. Materials and "soft" sales bt incrteasing means very bad figures in my opinion
2. Weak advocacy / endorsement by those who have used it - there is hardly an online clamour for the treatment
3. "lessons learnt" - like what? like you have to have a marketing campaign to sell a consumer product? Yes, no way sherlock. It doesnt just sell itself with no publicity and a "soft launch". In my pharma industry the inly time we have a soft launch is to test the market if we think the product may be weak or not go down well with customers.
4. i wish elrico and belgrano could just say that when they were hearing "whispers" and "jsut you wait until results' and "i hear the product is flying" and "so positiove" and labelled me and others negative as we saw no momentum, just ahve the good grace to admit you were wrong.
5. Opti is now just above 30p, had been passed £1.... but look at the SP over last 3 years..... i fear this will happen top sbtx - its hard to re-launch a product and gain momentum now
Very disappointing. Im holding on - i bought at 19p, but will sell at 50p or if it goes below 25p. It has the look of mediocre product and sales for the long run i fear
Well, i honestly really hate to be proven wrong. but the strategy of soft launch has failed - as there is failing to meet the salens/numbers that people planning before launch (with i assume much analysis) was possible. So im afraid its a fact that that strategy has failed to achieve the launch objective.
Now i just hope over the medium / long term things improve. But often i think a failed lajch means unclear or incorrect wider thinking and things dont "just improve". Im tempted to sell, but im also being greedy and wanted to sell over 50p. But the danger is this drifts down to 20p
nol i have a fairly well diversified portfolio. Some doing well, some (like growth stocks) taken a hit
I bought this share at near the lows in the covid panic. So am looking at nearly 200% increase. Lucky me! Here is the (very 1st world problem!). I like this share. I like the dividend and i like the higher interest rates and good for banking.... But should i now top slice? Sell 30% of my holding? The trouble is i dont have anything better to invest in (maybe national express value stock). I dont wnat to put the money into my longer term / higher risk growth stocks (that have been hit badly this year). Or should i topslice 30% and hold cash and buy back if crash? Although i think the crash has been delayed until Q3 2023 due to Ukraine... what are my fellow investors doing/strategy?