Member Info for platoh

Lombard Odier as it turns out

It's a bit of a catch 22 situation: new investors will want to see the share price rising before they buy in; the share price will rise when new buyers buy in. Institutional investors are holding pat.

When the much predicted profit arrives and the company starts generating cash, we will see movement.

OIC: no linking to the competition. Google is your friend.

a 'research' note from finncap (https://*********************/ - free registration maybe required) contains this:

"we nudge up our forecasts to reflect the adjusted ebitda progress but suggest that the risk of changes remains to the upside. we reiterate our target price of 120p, at which level the stock would trade on 2023e ev/sales of 3.9x, dropping to 3.4x in fy 2024, which we believe reflects the above-market revenue growth (2-year cagr of 18%) and the move towards an operationally cash generative business in 2024, which is also supported by peer group (differentiated regenerative medical products) acquisitions on 4-8x ev/sales multiples. "

tp of 120p would be nice ;)

Correlation ≠ causation.

The share price will rise when the company is cash generative, or looks about to be. At present (last year's results) it's still burning through its cash reserves.

Discussion of companies starts ca. 10min in, TRX at ca. 14.15:

https://www.voxmarkets.co.uk/articles/vadim-alexandre-discusses-spectral-md-tissue-regenix-and-the-tedious-market-72b6cc2/

TL;DR - he likes TRX

Could be people selling small holdings to tidy up their portfolios. Could be MMs playing games.

10 bagger starting from where? I think there's every prospect of the share price hitting 3p (aka £3 after consolidation).

Today (5th April) is the last day of the UK tax year. Sellers who are looking to either lock in profits or crystallise losses should dry up after today.

It needs to be agreed at the AGM first. Beyond that, I would guess they'd like to see the share price nearer to 1p first.

Results in line with expectation. A 1:100 share consolidation this year - should help. I haven't read the detail yet; hopefully no bad surprises.

I must be missing something. How can there not be an RNS when >3% of the shares change hands in one trade? Or is my arithmetic just bad?

and someone else bought them. Didn't shift the bid/offer quotes (yet). RNS today or tomorrow will be interesting.

@Banditkong: somebody else was selling ;-)

Couldn't be bothered to sign up to read the article linked, but I doubt I would be impressed by the quality of any analysis therein.

The key to TRX' profitability, assuming continued revenue growth, will be control of general admin costs. If they are kept more or less static, any increase in revenue feeds straight through to the bottom line and, with a gross margin of over 40%, it won't take much of an increase to turn a profit.

Breakeven could come at end of 2022 if revenue hits around $26m. If the company did grow at 100%/year from then, we'd be riding a rocket!

HighlyGeared:
That's nothing like the numbers on the TRX company website
https://www.tissueregenix.com/investors/shareholder-centre/advisors-and-shareholders/

Yep. £600k to buy the yacht, £4 million to run it :O

thanglan: 90p and I can buy that yacht I've been wanting. 1.2p is what I'm expecting if the results are good. 3p and I'm a happy bunny; 6p and I'm out.

From the 2021 accounts:
"With effect from 1 January 2021, the Group’s presentation currency changed from pounds sterling (“£”) to United States dollar (“$”) as the Directors considered the USD to be more representative of the geography in which the Group primarily operates"

Lombard Odier selling 1%. Should be another RNS to come, as I doubt PIs will have absorbed that many shares.

Looking at the updated list of major shareholdings on TRX' website
https://www.tissueregenix.com/investors/shareholder-centre/advisors-and-shareholders/,
and if I calculate correctly:
Institutional shareholders and directors total: 58.9%
Not publicly traded: 39.18%
which leaves
private investors: 1.92% or around 135 million, up from 1.02% a few of months ago.

We're just picking up the crumbs guys