The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Just a note may be a condition by the major European manufacturer before mass new order as stipulated in the RNS of new user.
In any case its good news , my believe is this is supply and demand on tap on orders.
Thanks AJP08 nice research , be good to have this for the whole year in order to graph the results.
Anyway based on below we are looking at a base of 25,000 KG per month , that 3 times last years purchases compared to last year , which follows the prediction of the forecast by the brokers ( Note was 5 years out of predictions but module now following the graph )
This means that breakeven in now , if we hit $8 million turnover , with added customers next year profits in low $100k but that's a breaking ground for ITX.
PS its all in past RNS and broker reports , so nothing hidden.
The only point and one of note is profit was at $6 million turnover in predictions but going by inflation and a report 5 years old this has been adjusted by myself.
In the End you must look at the evidence and trust that in its self , good luck
TWalbyoff used to go off the spreadsheet but mostly memory and check date of new product , takes about 5 minutes setting up the advance search.
In the past was longer but like always you find easier ways.
Every 3 months will check the IP protection which brings up new ones that have adapted our IP in there new IP product.
Procter & Gamble have the most IP products making up less then 30% , so really expect Fairy Dishwasher to be first in Europe.
Check new products , found 4 new on the market. Still no major breakthrough on UK market on Dishwasher tablets except the ECO brands.
We are entering a period of near profit mode , but that depends on results being submitted by ITX.
Which by orders of materials delivered to ITX is positive news.
Radium1 is not pro Totally , but does add positive or some say negative comments.
Myself its a good balance on the merits of Totally , now from a view of NHS position being that if you are diagnosed with a health problem you are put on waiting list which may be weeks , months , years.
In the same token you are offered immediate health care if taking the private route , now without going to details we had a date of 18 months for a consultant to investigate which was not acceptable and went private.
In two days had consultation and date of operation.
Found out this was Totally organisation , my wife was a sister Intensive care nurse and said was common practice to skip the queue.
Government allowed this as not paying the bill and that will never change , also add it was the same consultant or doctor within the NHS that treated you.
So Totally are just doing there job but more efficient compared to the many high mangers above the working class like my wife.
Understand this and thats why Totally exist and will never change.
Will wait for positive news and that needs to be cash positive before investing more , burnt but not as many as most
Hi Tbilisi97 thanks for the observation news , you only post on want you are hearing and that's all we need to know as not in georgia and have limited information.
Lot of mud slinging about but in the end its about the flow rates and reservoirs to calculate.
So sick of the negative vibes of some writings here without facts that exist prior to announcement.
If is a duster then thats a fact but we need a RNS if flowing then thats a RNS , other then that the smoke is clouding this main point.
The longer this goes on about the drill result means we hit Gas and oil and we are collecting data on reserves , the pressure flow rates over several weeks to see decline rates and choke size to stabilise.
Good luck
As a point this company is interesting as mixes the material as a ready made mix for others to adapt in finale product.
This may be a sign of the recent deal brokered as distribution covers the globe.
In respect of ITX we are indeed a flux for low value , and if all goes well in other investments will buy more.
https://www.amazon.com/AG-Definer-Silicone-Free-Soft-Hold-Styling/dp/B0B8GWVLKK
Market is not good at present , even good news sends shares down.
Not research for over a week , may look tonight see any changes for ITX