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Sang it's impossible to have poor sods who get spiked on 4D at anything below ten quid over the next couple of years.
Scottlee, do me a favour, i think your posts are both informative and well balanced but could you please, please, use HMRC rather than HRMC, it makes mi ed wobble when I see it, :-)
Pour a glass of your favourite and relax for a few months, a year, whatever, I'm in them all and the trolls are in them all they always have and will be, ZOE was and still is slated heavily from 4.5p to now believe it or not !!!!, best to leave them becoming poorer and more bitter by the day, no guts or ethics. Or have a proper poke as I do occasionally to pass the time.
Just for clarification, I'm in here and in ZOE again, but to state that ZOE are in profit is misleading to say the least, the interim results from January show a reduction in losses to 1.13 million from a loss of 4.04 million for the period, hence why I chose to buy in again as they are obviously gaining traction, but a loss is a loss NOT a profit.
with global sales manager well worth a view
Nope, ZOE and KNB were ridiculous, obviously ZOE have gone on to have huge distribution agreements in America (over 10,000 outlets) but have yet to breach EU and UK, but even the American agreement is still subject to ratification at the mo and all without any divulging of margins as yet. KNB have no orders and are actually just building the sales infrastructure...... here you have a worldwide distribution agreement with a Major pharma player, the product is certified as medicinal and proven, along upfront orders (which have just been icreased) and a ongoing commitment to a minimum purchase for the next 3 years, seriously? You'd be an absolute donkey not to see where this is going and very quickly. MYOMU.
Highly unlikely that I'm wrong :-)
Mandown I envy you, less than 3 months and you'll be looking at 20p I kid not, of all the stocks to choose from in this emerging market this is the one to be in honestly. I was in ZOE up to 52p from 4.8p but don't regret selling as they have as yet not given any revenue figures or margins so maybe I'll get to revisit those. Stay calm and patient, trust your judgement and research and above all don't think that this board is full of wisdom or can influence the sp.
Mandown I envy you, less than 3 months and you'll be looking at 20p I kid not, of all the stocks to choose from in this emerging market this is the one to be in honestly. I was in ZOE up to 52p from 4.8p but don't regret selling as they have as yet not given any revenue figures or margins so maybe I'll get to revisit those. Stay calm and patient, trust your judgement and research and above all don't think that this board is full of wisdom or can influence the sp.
It's an IPO thing, new kid on the block in a relatively new field etc. new products but with a worldwide distribution deal, very confusing for alot of people that normally associate these products with recreation.
Oh and don't forget this is just for the one product, Rescue, there are the other 2 products yet to be ordered, Support and Prevention. We have no idea what kind of revenue stream these products will bring in as yet.
Hi Eshan, this is where people are missing the point :- The revised order is now for 85% more units initially which gives them 18500 units not 10,000 as initially requested, this gives them (SPC) a revised expected sales figure of $1,572,500 for those units. The worth to us MXC is $425,000 in revenue from the increased orde ror 275,000 Euros for the 18500 units, which gives a unit price of 15 Euros. Simple, but we had no idea before today the cost of each unit. It's been less than 2 weeks and the initial order has virtually doubled which tells me they have virtually doubled the potential customer base already.
ignore all the noise is my advice to any investor, especially from the "extreme" camps who usually have very little experience, go with your research etc. This company will be successful and sooner than most think as the numbers sink in after todays RNS, by numbers I don't mean the increase in the initial order but the valuation they gave to the order itself for MGC, this was missing from the first one regarding the SPC contract, it only gave the worth to SwissPharma (850,000) now we have a figure for each unit in revenue to MGC, I suspect most who read the RNS this morning missed the significance of this or missed it completely as I've been able to add at silly levels and will continue to do so. 15 Euros each if anyone is interested. You can extrapolate from there with orders already placed (tiny initially) but 160,000 units a year is probably >1% of what they'll end up moving worldwide in the first year.
Expensive maybe but readily available and without any further delay, not a bad price to pay considering the financial environment at the moment with regard to the covid effect, no stress, no wait, no speculation, alot to be said for the extra expense which in my opinion is minimal for the convenience and alacrity, enabling fast track production.
Talk of raise and funding price etc. twaddle, nothing better to do?
We knew they were coming and although they will be admitted to the market on the 5th I doubt very much they will be traded given the affiliation of AIMS with GRL, the further deferment of the gold loan is the news I was hoping for as of course this now enables a seamless transition to becoming a producer. All good here and looking forward to April and the first pour.
Fabtastic :-)
Difficult to watch or understand, but if like myself you have the funds becoming available on a daily basis it's fantastic, inasmuch as I'm able to add at what I consider a 30-40% discounted price compared to where the sp should be at IMO with the news we've had. I'm hoping for another 2-3 weeks of undervaluation to be honest, as when it does start to motor I want to be as fully loaded as possible.
Yep maq all trending nicely and the short position was closed about an hour ago by Citadel so onward and upwards for DDDD