Tekcapital Share Discussion Threads

[briggs1209] 03/5/2024 08:05

Lolly

Yeah, I think SALT sounds good but at the moment it is Jam tomorrow until the cash comes rolling in. One decent commerical order would change that, but until then.....

[888icb] 02/5/2024 09:04

RNS regarding progress at Guident:
“ Portfolio Company Q1 2024 Update: Guident, Ltd

Tekcapital Plc (AIM: TEK), the UK intellectual property investment group focused on transforming university technologies into valuable products that can improve people's lives, is pleased to provide an overview of Guident Ltd's ("Guident") significant achievements in urban mobility innovation over the past quarter and key events for Q2 2024.

Highlights:

· New Strategic Partnership with Star Robotics
· Expansion of Strategic Partnership with Auve Tech
· Guident Headquarters Inauguration Event
· Guident will host the Third Annual Autonomous Vehicle Day 2024 Conference 31st May and attend CoMotion Miami 6th-7th May”

[qsmeily456] 01/5/2024 16:46

Yes MS should be all over these customer views responding reacting acting and removing the problems.....but they're not.

As for the specs....jeez

[lord loads of lolly] 30/4/2024 23:03

Briggs1209 - you say Microsalt “wouldn't need to sign many orders to justify current market cap.”

To me you’re implying it’s currently OVERvalued, as it hasn’t announced the signing of any new orders. Yet.

[briggs1209] 30/4/2024 16:00

As a product it would seem to be of most use to large companies that can use it as a substitute rather than a use-at-home product. It wouldn't need to sign many orders to justify current market cap.

[purchaseatthetop] 30/4/2024 06:55

Read what real customers say….

[qsmeily456] 29/4/2024 23:49

Salt clumps with moisture u 🔔

Spread salt 2🤣

Do some prper research u complete 💩🐂🐂🐓9768;

[purchaseatthetop] 29/4/2024 19:01

It is very niche. There are problems with Microsalt. It clumps with any moisture. It does not spread well. It is useful on a surface but salt is used mostly in food as a preservative. There are many small salt types and yes Microsalt is the smallest but is that a USP?

[lord loads of lolly] 29/4/2024 16:40

bill216 - as you say, presumably current buyers do see a difference versus (far cheaper) low sodium alternatives. Maybe it's down to better product adhesion.

There's certainly a vast price difference. But that sure wouldn't be working in Microsalt's favour!

I'm still doubtful that if Tate & Lyle - with their vast expertise & resources - couldn't make an ostensibly similar product work, Microsalt will somehow be able to. But we'll see.

[bill216] 29/4/2024 15:16

Oh okAs for Tate and Lyle - I suppose we'd need to ask the current buyers. They must see a difference I suppose.

[lord loads of lolly] 29/4/2024 15:11

bill216 - think that's what purchaseatthetop meant - i.e. they hadn't sold any meaningful volume.

My bigger concern is why a very similar product (on paper) from industry giant Tate & Lyle - called soda-lo - never gained traction & was subsequently pulled. Sure, its crystal size was different, but so what?

www.tateandlyle.com/sites/default/files/2017-08/SODA-LO%C2%AE%20Salt%20Microspheres-Sell%20Sheet%20EMEA-112216_A4_EN-GB%20(1).pdf

[bill216] 29/4/2024 14:17

I thought they had sold it. To manufacturers, distributors, retailers and the public. At least that's what the RNS say. The issue is to increase those sales. I think they will.

[purchaseatthetop] 29/4/2024 12:37

Lord load of lolly. It is just patentable. Not patented. The process of actually getting a patent takes years. The one running out in 2030 is the important one. The question I ask is why did nobody want this tiny salt in all the years since 2016 that TEK have been trying to sell it?

[wsm812] 29/4/2024 11:51

Why exactly JakNife do you hang around this thread?

[jaknife] 29/4/2024 10:37

The patents are an irrelevance. SALT will lose money and will have to come back to the market to raise funds whilst (at the same time) TEK will be under pressure to sell its stock in order to also raise funds. I wouldn't be surprised to find that TEK have been slowly selling for months.

Everything that TEK has ever brought to market has been pumped up with inflated expectations and then has catastrophically collapsed. Lucyd was first, Belluscura was second, if you really want to learn the same lesson three times in a row then stick around to see exactly the same thing happen with SALT!

JakNife

[lord loads of lolly] 29/4/2024 09:57

purchaseatthetop (weird nickname!) - Its patents expire at different times.

One - equally fairly important patent - isn't expected to expire before 2039 - see their 6 March 2024 RNS:

"The Patent Application entitled Low Sodium Salt Composition, concerns the production of MicroSalt, a low-sodium salt that adheres better to foods than a traditional salt (which is not adhered to a carrier particle).

Receipt of a Notice of Allowance indicates that the claims in the patent application are patentable. MicroSalt expect the patent will be granted upon completion of certain administrative matters in short course. Once granted, the patent is expected to expire in 2039."

[purchaseatthetop] 28/4/2024 19:01

Tekcapital have been trying to make money from Microsalt since 2016



With the most important patent running out in 2030 there is not much hope now. Beware SALT.

[qsmeily456] 28/4/2024 18:18

He's a 🐂💩💩 ramper.

Facts are dilution dilution dilution oh and dilution..... look at the chart.

The specs are 💩 and a dead 🦆
Guidents a cash drain
MS will be diluted at the next opportunity

And the management LIE LIE LIE LIE and LIE.

Not 1 special dividend or shvr....🫨 univestable

[lord loads of lolly] 26/4/2024 16:31

davebowler - Simon Thompson has been championing TEK all the way down from 30p+.

Sure, there's a vast NAV discount currently. But there's also a very good reason for this. Namely, TEK's business model shows no clear way of crystallising the value in any of its holdings.

It failed to take any money off the table when Lucyd, Belluscura & Microsalt floated. So far, the only one in the money still is Microsalt. And TEK's locked in for 12 months there, so who knows how that'll pan out.

Lucyd & Belluscura have totally tanked post-IPO, not to mention the dilutive placings and/or loan arrangements to keep the lights on which have further eroded TEK shareholder value.

[davebowler] 25/4/2024 16:21

MicroSalt IPO highlights the value in Tekcapital
The stake in one of its portfolio companies is now worth more than its own market value


February 1, 2024

by Simon Thompson


MicroSalt has market capitalisation of £18.5mn at listing price
Tekcapital retains 77 per cent stake and convertible loan notes
Tekcapital spot NAV more than double its current share price
MicroSalt (SALT:51.5p), a company that produces low-sodium salt, has raised £3.1mn, at 43p, in an Aim initial public offering (IPO). It’s less than initially planned, but in a moribund market for new listings, it is one of the few IPOs to get off the ground (‘Will MicroSalt whet investors’ appetite?’, 3 October 2023).

MicroSalt’s patented solution dissolves much faster on the tongue, so delivers the same sense of saltiness as traditional salt, but uses half the amount of sodium, a major contributor to hypertension and heart disease. The company has created a consumer brand of potato crisps, Salt Me!, which are now sold across 400 retail stores in the US, and has launched its MicroSalt shakers in 450 stores in the US as well as on Amazon in both the UK and US.

Moreover, the company has delivered its first commercial-volume order for a Fortune 500 retailer, which will use the solution for its own branded nuts to be sold across an initial 800 stores. Multiple multi-national companies are currently testing the product and are in price negotiations ahead of placing orders.

In the first half of 2023, MicroSalt reported a pre-tax loss of £1.7mn on revenue of £0.3mn, so it’s the potential to scale up sales rapidly that whets the appetite of investors. Given the obvious health benefits of the patented product, it’s not going to take that many deals with large fast-moving consumer goods (FMCG) customers to ramp up revenue and turn a business with a relatively fixed cost base profitable. MicroSalt looks to have a winning formula.

The IPO is also positive for Aim investment company Tekcapital (TEK:10.25p), which holds 33.3mn shares (77.3 per cent stake) in MicroSalt worth £17.1mn, and $2.6mn (£2mn) of convertible loan notes repayable in December 2025. Tekcapital’s investment in MicroSalt is worth more than its own market capitalisation of £18.3mn.

[888icb] 23/4/2024 13:12

SALT doing well today Up 6%.

[ohisay] 23/4/2024 11:22

Been some chunky buys here yesterday and today ...

[lorse] 22/4/2024 20:05

Mr Oz - are you referring to Micah Richards? Did you notice Jug Ears took the mick out of his glasses on the FA Cup semi-final coverage where Chelsea lost again?

[qsmeily456] 21/4/2024 20:03

Those specs are 💩 like the management🫨

[arthur_lame_stocks] 18/4/2024 13:19

They couldn't even get Eyal Berkovic.