Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Drink (since we have a theme for the day)...:
Beavertown Brewery bought out by Heineken
Heineken, which took a £40m minority stake in Beavertown in 2018, has now agreed to buy the remaining shares.
After Heineken took its minority stake, Beavertown almost tripled its sales from £12.7m in 2018 to £35.2m in the year to 31 March 2020.
https://www.bbc.co.uk/news/business-62806301.amp
Something similar for STC would be good...
Just some warrants...
Warrants:
The Lenders will receive Warrants of 40 per cent. of the value of each Advance, with the number of Warrants to be issued is being calculated by dividing the Advance by the Reference Price. For the Initial Advance 11,265,622 Warrants will be issued with an exercise price of 20.0p (being the same as the Fixed Premium Placing Price).
https://www.lse.co.uk/rns/DVRG/acquisition-loan-facility-for-global-expansion-eue35leih3kltrs.html
And since it is on theme with that RNS, and I don't recall it being mentioned:
@glanaco
Great to have Jes Jacobsen of Ankerløkken visit and view our latest range of Glanaco Sweeper Collectors today. Our GS Range of sweepers are now available in Denmark.
#sweepers #cleaning #roadsweeper
2:20 pm · 5 Sep 2022
https://mobile.twitter.com/glanaco/status/1566778194631458816
Also new Glanaco Services website:
glanaco-services.com
Given this is on doorstep perhaps somebody from company could give them a call to discuss the state of the possible... Or Enterprise Ireland could be good enough to make an introduction:
Pernod Ricard: Irish Distillers Announces €250 Million Investment Plan for New Distillery in Midleton
https://www.businesswire.com/news/home/20220906005583/en/Pernod-Ricard-Irish-Distillers-Announces-%E2%82%AC250-Million-Investment-Plan-for-New-Distillery-in-Midleton
Until then is correct answer to drink (if not water)?:
https://www.crbeer.com.hk/home/aus/company/
https://www.reuters.com/article/us-heineken-nl-m-a-china-res-beer-idUSKBN1KO00A
smeeno, poor old mugginsthedog is the type of fool that would have told you you should have sold NVIDIA in 2009... Look at the drops! Now if only we could convince them to sell DVRG.
Would be nice to get an update on DVRG data collection. Target product profile requirement not exactly onerous...
mugginsthedog, you called it right? So you sold? No. So worse than a chocolate tea pot. Always tomorrow... (Did you vote against Gerry's reelection?).
For those that are less avid readers and have missed latest lse posts by Gerry:
26 Jul 2022 19:55
Just a quick one on the BT. It is very much at the forefront of our development programme. It is just that the BT comes after we reduce the PD units to miniature size and a cost. The exact same technology (single use, rather than a flow cell) is the only difference. It is coming and is expected to be able to diagnose multiple infectious diseases. In fact we had multiple meetings on this with our partners in Microsaic and Pulmobiomed last week and this morning
###
14 Aug 2022 11:13
I wish to point out the reference to Breath Test and timeline.
If you look at the Tax Credits in the 2021 Annual Report on page 43 you will see that R&D tax credits are £711,000 compared to £77,000 for the year 2020.
As the UK offers 33% tax credits, it is easy to calculate the investment by the Company in R&D in both the Microbiome and Modern Water equipment, Wich includes both the PD for water contamination and BT for the multiplex biomarker detection, of which SARS-CoV-2 is but one target pathogen. This is a digital health medical device and rolling it out for a single biomarker is not viable when it is to be used in a clinical diagnostic laboratory or eventually small enough to be used in an GP office.
That is nearly 10 times what was spent in R&D in 2020 Some of that is on BT. Progress is being made and while it may not be detecting COVID in test centers we are falling behind on delivery taking into account the time it takes to bring a medical device to market.
https://www.lse.co.uk/profiles/gjbrandon/
Perhaps it's the lack of familiarity with some of the brands offered on STC that is causing some difficulty to understand what is being created. And also the sums of money involved in the sector... This post while not comprehensive at least adds some substance to today's posts.
Sure we could start with something 'boring ' like the Unilever brands. DERMALOGICA, MURAD, KATE SOMERVILLE, PAULA’S CHOICE, REN... all on STC marketplace:
https://www.unilever.com/files/d923a2e5-215c-42b1-93b3-da908c931c91/unilever-prestige---a-presenation-for-investors.pdf
But hardly a surprise they understand the value of what Labskin can offer, and what STC is offering.
We could point out involvement of L'Oréal-owned La Roche-Posay and CeraVe:
https://www.loreal.com/en/active-cosmetics-division/la-roche-posay/
https://www.loreal.com/en/active-cosmetics-division/cerave/
But again that's all too obvious. As too is the involvement of L’Occitane (and their Elemis brand too. Anybody want to guess how much that cost them?... no cheating).
https://group.loccitane.com/group/our-brands
Also anybody paying attention should already be familiar with AURELIA LONDON owners:
https://www.hh.global/#/Home
https://www.cosmeticsdesign-europe.com/Article/2019/07/16/H-H-Group-invests-in-AI-focused-Proven-Skincare
https://www.provenskincare.com/
@noknokdublin
Such a fun evening with our amazing partner brand @AureliaLDN meeting UK journalists and influencers discussing Skin Trust Club
2:39 PM · Jul 27, 2022
https://twitter.com/noknokdublin/status/1552287669677395969
That they want in on STC says plenty... but all that already known.
So for fun let's start with Trilogy Natural Skincare. Big whoop, right?:
https://trilogyproducts.co.uk/
'course anybody care to look will quickly come upon:
https://www.naturalproductsglobal.com/natural-beauty/natural-beautycosmetics/chinas-citic-completes-us-211m-deal-for-nz-natural-beauty-brand-trilogy/
Which will rapidly lead to:
https://www.uco.com/en/about_us.php
Anybody care to guess a valuation?:
Founded in 2010, EBeauty helps beauty brands market and sell their products on portals including Alibaba Group Holding Ltd.’s Tmall and JD.com Inc., according to its website. It also helps incubate emerging cosmetic brands.
https://www.bnnbloomberg.ca/citic-said-to-weigh-sale-of-controlling-stake-in-china-s-ebeauty-1.1714640.amp.html
Click the link for figures.
Those that understand the market understand the value of what is being created. A value not reflected in companies current share price... Skin Trust Club, global (including China) and medical, sky's the limit.
Sooner the significant app update promised lands the better.
smeeno, I'll also add worth taking the time to look at who the owners of some of the brands choosing to utilize the STC platform are.
Also I'll note it appears further STC growth since I posted links the other day.
Meder Beauty now available:
https://www.skintrustclub.com/product-tag/us/?product_count=36&product_orderby=date
https://www.mederbeauty.com/
If we consider Shorteverything's concerns genuine (how does the poor soul sleep at night?) then I'm not sure slow covers it... March to September seems plenty long enough to dig up some courage...:
RNS Number : 0588F
Deepverge PLC
17 March 2022
"This £25 million mezzanine loan ensures availability of funds for growth, avoids stock market fluctuations, eliminates the need for a discounted equity dilution of shareholders and the Glanaco acquisition underwrites our ability to take control of our supply chains and manage scale to meet the growing global demand being experienced by the company."
https://www.lse.co.uk/rns/DVRG/acquisition-loan-facility-for-global-expansion-eue35leih3kltrs.html
Good business...
I note the lack of answers in prior post by Shorteverything. But assuming trillsg is indeed correct an image along the lines of below linked would be more appropriate for their Twitter account:
https://thumbs.dreamstime.com/b/illustration-coward-cat-standing-chair-trembling-fear-friendly-mouse-coward-cat-chair-scared-mouse-112788319.jpg
There is indeed something that is well slow here. It is not the growth of the company.
Poor Shorteverything. Apparently when reality doesn't match their agenda that becomes twisting things. Simple minded idiot. AMBC advantages increase with higher energy costs... Dry your tears.
Just as the advantages of PD increase with higher costs. Page 10:
Wastewater monitoring during and after a pandemic
https://www.swig.org.uk/wp-content/uploads/2021/10/Matthew-Wade-2022.pdf
As do the advantages for Modern Water Mobile Services ("MWMS"). I'll let Aqua Enviro explain it to you:
Our service is different as we bring our mobile analysis lab to you. Fully-equipped and staffed by qualified technicians, our site sampling is faster than traditional lab testing as mobile analysis delivers results in as little as five hours from the start of wastewater sampling. The savings that can be made (in logistics, administration, and potentially lost business) by testing wastewater on-site are potentially huge.
https://aquaenviro.co.uk/water-testing/
Is trillsg correct and you are indeed the scared little pussycat on Twitter?
Now let's remember:
New consumer offering, Skin Trust Club, generates £1m plus sales
https://www.lse.co.uk/rns/DVRG/skin-trust-club-update-ewixy3zmpi8yti0.html
No running commentary on ongoing sales required...
'course no need for you to hope... This has been explained already.
Aren't we lucky! We want an example of how stupid the market can be and along comes Shorteverything.
Energy prices up. Great news for AMBC:
https://www.modernwater.com/membrane/
No wonder Ion Exchange are doing such good business...
Ajay Popat, CEO of Ion, commented:
"The AMBC solutions we have selected for these projects provides quantifiable cost reductions making zero liquid discharge affordable as well as providing environmental benefits in terms of massively reduced pollution. Having successfully commissioned 25+ complete Zero Liquid Discharge, we realise the need for brine concentration has never been greater with increased focus on wastewater minimalisation, water recycling and Zero Liquid Discharge..
We are pleased to announce this deepening of our partnership in development of a joint AMBC cooperation model to strengthen our technical and sales capability in the wastewater sector in addition to Modern Water's further expertise in toxicity testing and environmental monitoring."
https://www.lse.co.uk/rns/DVRG/india-centre-of-excellence-for-modern-water-ambc-rsfhi6tfl2m6aw9.html
Shorteverything , maybe if you sell Monday morning the price can hit 10p. And in doing so you can demonstrate how little the price has to do with the company performance. That would be fantastic...
Again, in sound and pictures, what is needed to hit 18 million:
https://youtu.be/jnNbc4H_PVw?t=155
Shorteverything, do you actually believe anybody is stupid enough to believe the nonsense you just posted? Are you stupid enough to believe it?
Meanwhile in the real world:
Monitoring:
18 July 2022
Microtox systems chosen to monitor water supply ahead of 2022 FIFA World Cup in Qatar
Largest single Modern Water monitoring systems deal worth £1.4 million
https://www.lse.co.uk/rns/DVRG/modern-water-monitoring-systems-deal-worth-16314m-oz7r44qzzkdk9wl.html
And that's just the start:
DVRG AGM Q&A
Q43: RNS Number : 7775S, 18 July 2022, CTM but not PD? Will Qatar be using Modern Water equipment for monitoring COVID?
Not for this £1.4m contract, which is only the initial project. However, all units being shipped have the ability to be retrofitted as plug-in units for PD units with over-the-air software updates.
##
So just getting started...
Membrane:
1 August 2022
Modern Water secures £2.1m projects for chemical wastewater and water desalination
All Membrane Brine Concentration projects in Asia and North Africa
https://www.lse.co.uk/rns/DVRG/modern-water-secures-16321m-projects-df740y6bjopp1jl.html
Actually let's make this even simpler:
https://youtu.be/jnNbc4H_PVw?t=155
Hitting 18 million isn't even a question...
Well isn't that... fun?:
@gjbrandon
@Modern_Water #SthAfrica
Quote Tweet
Doug Workman
@dworkman
·
13h
Thanks to Helena Davy and Analysers On-Line for representing Modern Water in South Africa. Their knowledge of local water quality issues and in-depth understanding of Modern Water products allows them to help water quality professionals to deliver clean,…https://lnkd.in/gKfMMDaY
11:38 am · 2 Sep 2022
https://mobile.twitter.com/gjbrandon/status/1565650446047477760
Their very own mobile lab:
https://www.analysersonline.co.za/additional-products.html
Page not exactly a great source of information, but compares favourably to Modern Water site...:
Modern Water Mobile Services ("MWMS")
MWMS is positioned as a critical new component in the armoury of national and provincial government response protocol. It allows utilities to extend their reach into smaller sites for more granular 'last mile' surveillance, enabling local authorities and private companies to protect citizens and customers by monitoring for COVID and a range of additional pathogens, including forever chemicals.
https://www.londonstockexchange.com/news-article/DVRG/compact-microtox-r-pd-launch-scheduled-for-q1-2022/15245142
Seems worth shouting about... So what's the justification for lack of online promotion?
Can't be lack of marketing capability:
https://www.modernwater.com/2022/05/19/modern-water-co-cork-expansion/
Nor lack of a need for monitoring. Only today:
Expansion of polio sewage surveillance to areas outside London
UKHSA and MHRA are expanding polio sewage surveillance to a range of areas outside of the capital.
https://www.gov.uk/government/news/expansion-of-polio-sewage-surveillance-to-areas-outside-london
Not that we are aware of polio detection having been added to PD:
@gjbrandon
UK Breaking News: Polio vaccination offered to all kids under 9 as Polio confirmed in sewage.
@Modern_Water #MicrotoxPD units can be adapted to detect Polio in real-time.
Quote Tweet
BBC Breaking News
@BBCBreaking
·
Aug 10
All children aged one to nine in London will be offered polio vaccine after virus detected in sewage https://bbc.in/3BW2VUa
12:47 PM · Aug 10, 2022
https://twitter.com/gjbrandon/status/1557332718811217920
DVRG AGM Q&A
Q39: As of today how many vehicles comprise Modern Water Mobile Services?
5 vehicles are being used to promote the mobile services offering, which is being considered as franchised contract units. They are being used for site visits in the food industry and can be hired by universities to run on-site tests. There will also be units in the US but China is not expected to be part of the early roll out due to distances that make promotion not as cost effective at conferences
##
To date only one vehicle has been shown (221-C-1162) ... correct?
If you have a problem,
If no one else can help
And if you can find them
Maybe you can hire the Modern Water Mobile Services
But they could sell and buy more BOO! Down what, 85% over one year. But great confidence there... Ok then.
Just how stupid do they think readers are? And just how stupid would somebody need to be to listed to idiot Tom?
But how's the investigation going?:
https://www.londonstockexchange.com/news-article/DVRG/result-of-agm/15549260
99.79%
#stopthesteal
Seems it is necessary to repost below. UKHSA see role for LFT, page 9...:
Wastewater monitoring during and after a pandemic
https://www.swig.org.uk/wp-content/uploads/2021/10/Matthew-Wade-2022.pdf
1.7 billion of the world population does not have access to drinkable water[i]. The increasing regulatory support and legislation for high standard maintenance of food and beverage products, pharmaceuticals and other industries, are further increasing the applications of chemically tested water. Environmental LFT tests will include acrylamide, microcystins, algae in the second phase of development.
4. Detecting PFAS - "Forever Chemicals" (Per- and Polyfluoroalkyl Substances) is an exciting new area of interest. PFAS has been added to the US Environmental Protection Agency drinking water treatability database[ii] which creates the need to make informed decisions about the level of PFAS in drinking water. This creates a very large opportunity for LFT single use testing in private homes, hospitals, hotels, pubs, restaurants and food and beverage manufacturing.
https://www.londonstockexchange.com/news-article/DVRG/testing-services-framework-ag-with-abingdon-health/15473445
Clearly company know what they are doing...
smeeno, Chesh is correct (about the options). But news for below, while perhaps more modest (or rather in the moment less exciting), is also due:
Earlier in the year, Labskin presented Labskin M as the original Skin Full Thickness Model to include melanocytes in a joint collaboration with University of Bradford's Centre of Skin Science. We are delighted to have developed the first commercially available lab-grown ‘pigmented’ skin. Further details on this exciting development will be shared imminently.
https://dzvf-zc1.campaign-view.eu/ua/viewinbrowser?od=3z6bf413d7f99af7af2360cf3672cdb306&rd=12a781983f50a85&sd=12a781983f5092f&n=11699e4c2428916&mrd=12a781983f5090f&m=1
Although could be very exciting:
This project gives Labskin access to the melanocyte cell expertise in Bradford’s Centre for Skin Sciences (CSS), with the aim of making the world’s first commercially available pigmented full thickness, three cell skin equivalent model. This will allow cosmetic tone matching applications, but also be a pathfinder project to enable future UV protection and drug effect studies.
https://www.bradford.ac.uk/business/news-events/archive/
Very big potential market...
Having taken some time the other evening to look at websites of companies listing on STC the news I'd be particularly interested to hear is uptake of Labskin seal of approval. Evidence of such is currently lacking. Be good to see more follow lead set by Gallinee... or get confirmation of same as presumably this has been an ongoing process:
https://www.labskin.co.uk/labskin-launches-microbiome-friendly-seal-of-approval-certification/
Certification should see Labskin transformed into a trusted household brand. More client brands, more exposure. Nice cycle... considerable value add.
Also above mention of UV brings IARPA back to mind (although no reason to believe that news to be imminent).
'course PD adoption by KANDO, Biobot, IDRICA et al would be lovely news. Even to a lesser extent some news for DRAWQ would be good. But that's more wishlist than expected...