Member Info for SirTradealot

"Microsalt is growing hand over fist right now, and our job as investors in that business is to strengthen and accelerate that growth, not impede it, which is why we raised some additional capital recently, to help them support their growth. They need to make and sell more salt and there's a ready market for it, so we want them to go to town."

Am I overlooking lock-in periods? Are TEK currently able to sell any shares in BELL/LUCY?

Aren't there some quite serious questions to answer about how it is ever appropriate for a holding company with two listed (liquid) assets to raise money in a way that dilutes a specific group of shareholders?

Over the mid- to long-term, the dividend is likely not only to be maintained but to grow considerably once the current programme of investment (in platform improvements) is completed. That will allow the special dividend to return: it has been suspended whilst this investment is pursued.

Michael A. Marrotte
Founder M Squared Sales and Marketing and Partner at BeyondBrands

Important Distributor show attendance message:
For those of you that choose to breakdown your booths before the distributor trade show ends so you can head home a bit early, here is a picture of our MicroSalt Sales Coordinator logging our largest order of the 2 day show with a large multi-store chain, 45 minutes before the show ended and we had 3 other orders written right before the show floor closed.
I know we all want to get home to our families but if our companies are going to incur the large expense of these shows, we all owe it to them to stay to the end and get every order we can. I welcome any comments. #hanginthere #geterdone #microsalt #saltme #kehesummershow

So encouraging in multiple ways. Not wasting company money. Dedicated sales staff. Orders procured. More publicity. Better by far than all the ramping from the herd on a big up day. Thanks for posting.

You can always buy shares in SALT (my guess) at IPO if you think it's undervalued.

Good post. The only thing I'd quibble with is:

"The interest in the product among major brands is real."

As PIs with no inside information there is no real way of knowing/verifying this until a contract is signed and announced.

Just pathetic. The pf businesses are making some progress. If they grow and are successful, SP will follow. At the moment market is waiting to see how they do. They're all still early in their journeys. It's not rocket science.

Hang on while I dust off my crystal ball.

Decent update from BELL. I can't increase my holding of TEK as it would become too large a proportion of my pf, but it seems pretty obvious to me that there is excellent value to be found in TEK's assets. I am confident that shareholders with patience will be rewarded over the long term. Getting a lot for your money with SP at these levels.

I've seen these sentiments about micro-cap AIM stocks over and over again on these boards. Do UK investors not understand early stage growth companies? You have to be patient. These companies are tiny. You are not going to get a steadily rising SP, you are going to get lots of ups and downs. The point is you don't want to miss being in the stock if/when a transformational RNS is released, which could happen at any time.

This kind of investment should really be limited to a small portion of your portfolio and represent money you can afford to lose if it doesn't work out for the companies in question. It's also a long-term investment: trying to make a quick buck is a fool's game.

Whether it's just shorters or people with zero patience, some of the posts on here drive me nuts.

TEK beginning to trumpet their achievements more loudly:

https://twitter.com/tekcapital/status/1605570632879673344?t=8ji7nAE7XVBJIYVYfqljTA&s=19

Yes, pretty reassuring. Well poised to benefit if/when equities bounce back over the next few years, and at this level the dividend is pretty healthy compensation while you're waiting for the SP to recover!

HL's returns are geared to the value of AUM. If they go up (as markets rose strongly today), HL's revenues will go up. Share price rose as a result. It's that simple. Fund managers did the same. See SDR & POLR for example.

US CPI came in lower than expected. Inflation looks to have peaked out there. Expectations FED will now ease of the pace of rate rises.

Not sure how that would fit in with their plan to float Microsalt in London.

Rule applies to US companies based on incorporation, not listing.

Yes. I appear to have received the equivalent of 7.44p per share.

I have paid withholding tax as my shares are in an ISA; those holding in a SIPP should receive more (roughly 10.63p I think).

Yesterday's RNS has not been remarked on here, but I for one thought it was very encouraging that a non-exec director saw fit to purchase £1m of shares!