Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
James, okay let's call it 4 years then. Even still, and more so after listening to elricos podcast, it feels more so that OPTI needs to pull something that shows earnings visibility out of the hat. Of course we all have lost money and nobody likes losing money but I feel enough is enough with the Adam's renolyds keyboard let's get those deals that deliver solid earnings over the line, please, there are good people put their faith in OPTI, please come on what can be done to lift the share price as there are good people, little people, not bankers or vastly wealthy people have maybe some would say foolishly invested their futures in opti. They wont have the means that the BoD have and so the company needs to deliver so the market appreciates something solid. I can remember all the talk last year was that this year would be the year revenues start rolling in. Now the language has turned to 2020. One but cant help but feel disappointed when all is said and done.
I wish everyone a profitable and long life, everyone deserves to be happy and the story of OPTI shows you that you should not be so foolish to invest your future in an AIM company as they wont always deliver when you need them to deliver. Whilst the intentions of the board are good here with opti, it's taking too long for their vision to be delivered and good people are feeling the pain, the BoD need to realise that and deliver earnings visibility now.
I suspect a good portion of the 80 or so members of the guild of elrico will be honestly questioning the next 2 months as they were hoping for a repeat of last year and they will be nursing some large 'paper' losses. The question is over the next month or so how many of these will lose patience that after nearly 5 years, yes 5 years, there has been no share price growth and right now it looks very questionable as to the real revenues that are being pulled in and 'deals' with unknown companies will most likely as it will be made clear at the financials how much revenue is really being pulled in.
Of course if SBTX delivers or there is a 'surprise' event then these feel like the only short term drivers to counter the negativity that has built up. In my mind SOH needs to pull a big revenue deal with good earning visibility...but based on what we've seen so far its elrico and others trying to put them into a bucket. What I'd like to see is categorisation of actuals of the current deals. So for example, Seed, I cant remember if this was a small, medium or large. But what is it tracking at the moment? I bet it's a fraction of the 'bucket' it has been classed in. I suspect payments from seed will be lumpy and not that large given there are lots of ingredients in the pills.
Just my six pence - let's see where things are in a week.
Anyway there are some lovely people invested in OPTI l, hard working people not bankers and so SOH really needs to deliver as going off the guilds membership many people have sank their crown jewels in OPTI and OPTI needs to mature and deliver it has been 5 years for goodness sake.
Likewise Noz, I am looking to purchase shares but right now theres too much negativity and in my opinion going off the change of tone coming from SOH I think that PLC costs are not being covered right now, even though elrico is trying to convince everyone they are. I dont see additional buying from NEDs or others, I think the full year report will disappoint as will also the GP note that is being worked on for autumn as the deals i feel are not pulling in the cash. This will become more clearer which coupled with the change in language from SOH makes me feel like PIs will not see that famous hockey stick.
On the plus side, which may negate some of the above concerns are: 1. A decent deal for SBTX which significantly increases SP enabling OPTI to sell some shares and remove the placing worry that has been mentioned. 2. Something big that is the golden goose that supposedly is sweetbiotix which doesn't seem to currently be making the traction.
In my mind I think elrico needs to be more realistic about progress not being made as fast as the market would like and be more suggesting that without the important events above may result in a placing or disappointment with revenues current and projected.
I think I've been fair here in my summary, I wish others would also be fair.
I'm not going to gloat as quite frankly I think you all need a break, but hopefully Noz you have kept your short open youd be in good profit now. Although it's a shame the advfn board has become what it has, I think that will spook people and the members only approach wont provide useful information to the potential share purchasers of opti. Yes I think certain posters there are weirdly obsessive, which is a shame. Anyway let's see how far this has to fall and take stock in a weeks time.
Final thing I will say here now...isn't it funny they've appointed goetzpartners and from the indications of the RNS and what others have said, looks like a fund raise is on the way to fund that elusive hockey stick. 50p anyone?
Goodbye and good luck, timber!
Based on what people are saying on adfn feels like the update is softening up half year results so they will probably disappoint based on accounting changes and that the ramp up wont be as big until now 2020 when it is hoped that the big drinks deal pays off. Still not guaranteed tho. Then the Indian deals seem light on the ground yada yada all feels like ramp up still building and this update doesn't give huge short term drivers I feel. Well good luck the lot of you.
Lost interest james, opti going nowhere in the next 6 months share price wise, read adfn I think there is more potential to disappoint unless there is a surprise which on balance I doubt will happen. Dont get me wrong I think there is long term potential but the next 6 months I doubt will cause fireworks. Then there is brexit in October so long story short the boom you're looking for based on today's update doesn't feel like it will happen. I'll leave you to your dreaming but I see bearish price action for the next 3 months at least.
Oh dear adfn members throwing toys out of pram how very mature. They dont like it unless they have their head up BoDs where the sun dont shine...and what have they delivered in 4 years in terms of share price growth eh? Sweet nothings and you're all hypnotized well we bring balance to the incessant ramping. Nothing delivered in 4 years guys I'm not wrong in terms of share price growth. No wonder selling is ramping up over the last few days.
Just trolls on adfn site now, sign of the times and how poorly opti investment is panning out. If you look at the 4 year chart this share has gone no where. If you look at the 6 month chart its bombing down. What a disaster and no wonder why AIM investors wont touch it. Lifetlstyle company!