Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Amran (lately as AM01) changes his account name every so often.
It's funny, the very things he claims (usually made up) other people post here (and he whinges about), are actually mainly posted as opinions or actions by himself.
He also must be one of the major shareholders by now if you believe how many times he claimed to have topped up or averaged down.
He will be back.
It's not a merger. Cannaray have bought CBX's place on the LSE. This is the cheaper and quicker way to get a listing on the LSE (that's the London Stock Exchange, just for those who get confused between that and this London South East share chat service, neither of which are connected in any way).
As has been said before, this is a lifestyle company. It is approaching 23 years in existence (under various guises) and is yet to do anything noteworthy. FG will still be talking about plans for bitcoin mining when everyone else has long forgotten what bitcoin were. I hope I (and others) will be proved wrong, but the months go by and nothing changes.
This share hasn't changed. Until the so called amazing team behind the scenes start producing fabulous sales figures, nothing much will happen and the clock is ticking and the funds reducing.
I love all the hot air from some posters. They suggest what might happen, like distribution deals with the likes of Boots and then it almost gets accepted as something which is about to be announced.
The most ludicrous thing I read was the so called YouGov poll claiming 5.4% of 500 people surveyed knew of CBX. Chokina said the survey “demonstrates how the marketing initiatives we implemented and budgeted for just a few months ago have taken Cellular Goods from being a virtually unknown brand to coming close to some much longer established names." Who did they survey? 500 people walking past some billboards in central London?
Hogwash. CBX are still completely unknown. If she thinks otherwise, then she will soon announce amazing sales figures then, won't she. Let's wait and see.
Yeah. This share had disaster written all over it from day one. Sadly people have been really badly caught out by believing all the hype.
Deliveroo still can't make money, after 9 years trying. The government imposed lockdown was a gift to them and they still haemorrhaged hundreds of millions of pounds. The only way they will make a profit is if they double or treble their fees and watch what happens if they try it.
The markets haven't crashed. Nowhere near a crash. Many shares have dropped in value, but others have prospered. Surprise, suprise, that's what happens with the stock markets. SP's go up and down for all sorts of reasons and I would say they are doing well in general considering all the doom and gloom just now. Shares won't just keep rising in value. The extra money pouring in to the markets from the wealthy WFH lockdown investors helped artificially boost some shares and now this is re-adjusting.
I have BAE shares which were almost 50% up just a few days ago compared to the beginning of the year.
A crash will come sooner rather than later and when it does we will all know about it and that is when you really do want to have money to invest, because you can make a serious killing as they say if you have the money to invest then.
As for CBX, all that matters is sales. All the nonsense about world class team of people, fabulous products blah, blah, blah is immaterial. They need to make the general public aware of the products and get them to part with their hard earned cash for them. If CBX do not do this imminently, they won't be here for long. It might be stating the obvious, but that's what matters most.
Like I have mentioned before, it is a bit like the Titanic about to hit the iceberg and some of the posters on here would simply try and filter the iceberg and pretend it isn't there! They would be raving about how wonderful the company is and what a superb team of people are running the show when they are clinging onto some driftwood in the freezing waters.
The only important figure that everyone concerned should be worried about from the results was the revenue. Only just over £13k. That's a dreadful amount. By the looks of it, the only people buying the products were PI's who post on here.
I wouldn't worry about a future raise. Nobody will invest unless they start selling the stock. It's still clear that basically nobody has heard of the company. They need to get their finger out and get selling.
Meanwhile, yet again, in the real world, the SP continues on the ever downward trajectory. You must be sitting on a huge loss Amran (now AM01) based on the number of times you claimed to be topping up (of course you were. I hope for your sake that it was just talk and you didn't keep buying at the "bargain" prices). You used to laugh at anyone who didn't think the SP would be £1 or 50p or 25p by now (and every time you suggested a price it got lower and lower by the month). Remember how you scoffed at the idea of the SP going anywhere near 2p. Well it will do well to stay anywhere near this 2p level if the sales figures are as bad as they appear to be when they are announced. There are still some seriously deluded people who post on here. If you didn't see the SP and read some of their posts, you would think the SP was continuously rising. What's that on the horizon? Is it an iceberg? Of course it isn't (fool), just filter everything and all will be well.
Alfreddie, you are along the right lines, but you are getting your percentages mixed up. The SP has dropped approximately 85% to 90% (not 850%). If an SP goes to zero, it can only drop 100%.
If the SP went from today's level, say 2p to say 20p, then that would be a 900% increase, but the percentage reduction is always smaller when the price drops.
Amazon's SP has plunged because their main business is stagnating now and even though they are still doing well, the greedy investment companies expect unrealistic and continued growth. Almost all of the profit Amazon make is from their cloud service.
The way the economy is going we are likely to see a crash and then there will be bargains a plenty for those with any money left.
Meanwhile, in the real world again, the SP still heads ever further south. Don't worry though, the orchestra on the CBX Titanic will keep playing. What iceberg they said? Nonsense, just filter it! We have a world class blah, blah, blah. Nothing can go wrong!
Before any keyboard warriors notice it, I spelt tuppenny ha'penny wrong (stupid auto correct doesn't even know how to spell) and my post was cut short (fair enough, as it was long).
Exactly itsgoingbroke. It's like some of the posters live in a fantasy world. The ship is sinking and they just carry on with their party and keep telling anyone who informs them that they are spouting rubbish.
Well said LGO-fan. Too much paranoia on this forum.
Nothing wrong with thinking positive, but as you say, performance is what counts. Only excellent and repeated sales levels will turn the SP around (and there are plenty of companies who start performing well and the SP still remains at low levels).
The constant rampers/de-rampers, MM's holding it back/playing games, CBX is a market disruptor nonsense is getting tedious, as is the the other regular statement about sells showing as buys etc. Or the classic "can't action a buy just now". Nobody is holding it back. It's a tuppenny hapeney share which attracts almost no interest. If anyone genuinely has difficulty trying to buy some shares I suggest changing who you use, because they are easy to buy at all times.
CBX buy in the raw materials. They don't produce them. There is nothing to stop the manufacturer allowing others to use it, maybe now or in the future (not saying they will). You would hope they have an exclusivity clause in the contract, but who knows? At the end of the day, the products just now are more or less the same as all the others in the market (of which there are far too many and nowhere near enough buyers interested). The made in the lab statement which is used regularly means hee-haw to most buyers (probably puts some off) if we are being realistic. It's also a bit hypocritical when CBX had the original intention of growing their own plants for use (maybe still do have that planned).
For Sharebel, the IPO was oversubscribed for one reason only, because it was open to all and sundry, rather than just institutions. This is very rare. People put money in to make a quick buck and unfortunately, some of them got carried away by the hype, especially on here at the time (it's heading for £1 etc) and didn't sell quickly enough. Also, some of them had trouble with their dealing platform and couldn't sell quickly. The SP just after the IPO was nowhere near realistic. Hence, this share is not "cheap" just now, or "a bargain". The SP now is probably where it should be, although I would say it is still overvalued. The SP has no logical right to be back at those levels in the short term (doesn't mean it can't be though, as SP's can be very unpredictable (please don't believe any of the chartist nonsense), but I can't see it).
As for DB, ABG own DBV now (majority share). He has no control over their share holding and very likely not remotely interested in CBX, if he ever was.
I hope CBX turn it around, but as I have said many times, it will be a long and hard road.
I find it comical when the SP rises in the morning and almost immediately someone is on saying "boom" or "off it pops" and "never be at these levels again" etc., when in the real world, the SP heads ever further south by the week. Or, maybe what they really mean is that the SP will drop even further and never get back to the current levels!
Good luck everyone. It's tough out there and only going to get wors
ABG bought a majority stake in DBV, so they control any holding in CBX.
Meanwhile, in the real world, the SP continues on a downward trajectory.
If the company had any awareness re deliveries they would never have used Hermes. Woeful company. You get what you pay for. They are now known as Evri. They think they can simply change the name to get rid of the bad press and reputation, but people aren't stupid. I avoid buying from companies who use them as the courier.
I see our very own AM01 (Amran) is still repeating the same old lines, re claiming to be topping up at these low prices or how the SP won't drop further (yet it still does, again and again and the level he mentions get ever lower). The SP for CBX is still on a downward trajectory. It has been since launch and still is heading downwards. The only thing that will reverse this is prolonged great sales figures, nothing else. We need to sell, sell, sell and by the sounds of it, they are poor at targeting the very customers who are buying the stuff.
As for ABG, they didn't buy control of DBV for the small stockholding of CBX shares. They will likely dump the CBX shares when and if the SP moves into profit and they can be bothered to look at it.
Would people stop saying how the SP won't be around x amount for long. It's like a jinx. You should know Amran, you have said it so many times and every time the level you refer to is drastically lower than before. The SP chart for CBX is depressingly bad. It continues to nose dive over the months, heading ever closer to the bottom. It's going to be a long and tough road before we see the chart heading in an upward direction, if it ever does.
Ad-meliora, you are more and more like old Amran (now AM01). He used to make up stuff. I have never said I am not invested here. Of course I am invested. Why else would I visit the forum every so often? If I wasn't invested, then I wouldn't waste my time.
Fortunately I didn't invest when the SP was at the silly hyped prices. If I had followed my instinct and original advice, I wouldn't have invested here. However, you can't get it right all the time. Hopefully (for me) the SP will rise eventually and I will sell up and bid you farewell. Sorry, but I don't see this one prospering now. Should have listened to myself at the time.