Desperate to get in lol ! Having a laugh if it’s 2.6 or 3.6 does it matter if it’s billion dollars deal ? Even 10 , heard it so much if deal is so good penny’s or fractions of a pence are insignificant
RE: Who has bought Invesco’s shares?14 Nov 2019 19:56
Thu, 17th Oct 2019 07:00
RNS Number : 1509Q Tissue Regenix Group PLC 17 October 2019
This announcement contains inside information
Tissue Regenix Group plc
Universal City grant award triggers commencement of facility expansion
Leeds, 17 October 2019 - Tissue Regenix Group (AIM:TRX) ("Tissue Regenix" or the "Company") the regenerative medical devices company provides the following trading update.
The Company announced at the time of its annual results on 4 June 2019, and its interim results on 10 September 2019, that it anticipated that sales in the current year would be significantly weighted towards the second half of 2019, as the Company's ability to bring onstream increased manufacturing capabilities during H2 would be key to determining the Company's year-end outcome.
The increase in throughput is now expected to become available during Q4 2019 and, as such, the Board anticipates that revenue for 2019 will be below current market consensus by approximately 15% to 20%, with a corresponding reduction in margin impacting EBITDA. Demand for the Company's products remains strong and the Board does not anticipate any longer term impact over and above the approximate three month delay to the manufacturing capacity increase.
Tissue Regenix has received confirmation of a $0.3m grant from Universal City to support the commencement of the initial phase of the build out programme on the Company's newly leased 21,000 sq.ft. facility in San Antonio, further details of which were announced on 15 August 2019. This grant will assist and permit the upgrades of utilities and infrastructure serving the new facility.
Technical staff necessary to enable the second shift in the original San Antonio facility to become operational have been recruited and are in the process of being trained. Monthly processing throughput has already more than doubled in the year to Q3 and these additional products are expected to become available towards the end of Q4.
The Company is working closely with its existing outsource provider, CTS, in order to increase the yield of its DermaPure® product after also announcing the launch of DermaPure® Non-Oriented, for use in surgical and uro-gynaecology applications, at the American Urogynecologic Society conference in Nashville in September. The Company is working closely with its strategic partner, ARMS Medical, on the roll out of this product.
John Samuel, Executive Chairman, Tissue Regenix plc commented, "We have excellent products for which demand is exceeding our current capacity. Therefore, our current focus is ensuring we can increase our capacity to meet this significant demand."
TRX having trouble keeping up with demand ! Have employed trained and started a second shift to cope , also upgraded new facility with a grant so they can meet demand!!!, loan facility still £20 mill from MidCap might not need it as cash flow at present good first Q1 without drawing it down ! No revenue testing regarding loan untill June 2020 at a lesser rate , this shoes that MidCap think trx is going to grow , read the signs people
Only put my concerns ect across not deramping in the slightest just wanting conversation! I do think it will drop till sale ! No need to mention trx as I’m in there aswell and defo more multibag potentials compared to here in my view ! I wish everyone to make money please don’t take the questions the wrong way
Wise up ha ha your mental ! People should be able to voice there opinions without ridicule but with facts ! If met with ridicule it shows the concern and deserves a polite educated reply ! We are not the same person maybe just have same concerns ! It does happen by the way
Going to put my head on the line here and be ****ged of by everyone but !!! 1. Why a normal MCap mining company go from 50 mill to billions potential in two weeks ? Did no one see the potential before that after 10 years ? 2. Why if it’s so obvious what’s happening has the sp stalled and so many sellers they must be mad ? 3. Exercise warrant quick is this because of a deal or because they need money ? 4. Haven’t been doing so well untill this hype ? Is this hype ? 5. You can join the dots an any share if you look hard enough 6. No proof of what grades are there just numbers ? Look at other mining companies they show proper grade quality per Ton ect ? Eua have never done that ? 7. Role the dice and take a chance that’s what I say a lot better prospects on aim just now with proven fundamentals? Fundamental here are hear say by the bod no proof of grades ect because if they falsely that there in big trouble ! I can say I have palladium in my back garden or I have warrents I won’t sell ? If I do grades from drills ect and lie im in trouble !!! 8. Beware things don’t sit right it’s all hearsay don’t put your house on it ? Sellers are there for a reason same as tweets? Why so many sellers if it’s going to multibag x10??? Await your response ha ha