Heiq Share Discussion Threads

[baner] 04/1/2023 12:13

Pugugly

Because PM often sell out at the very bottom in a less than impressive manner. We have seen numerous such situations in then past.

[livewireplus] 04/1/2023 11:48

Indeed .... agreed. A significant fall in share price this morning justified so not a good start to NY 2003 :-( but perhaps not as far as it has gone ...

[pugugly] 04/1/2023 11:21

baner - Why?

[baner] 04/1/2023 10:58

if it is Premier Miton who sold out - which would not be a surprise - it is a very strong BUY signal.

[pugugly] 04/1/2023 10:38

Cenkos note (now read) not very encouraging - They have (imo) done their best as house broker but I read as a sell - However Cenkos are calling as a buy before today's fall.

Looking at trades - Most marked by ADVFN as buys indication to me that a major holder has dumped up to 4 Million at sub 25p - If so message received is that they do not see short term recovery - Will be interesting to see who has sold and at what price when marked.

Any views as to how big a haircut they may have taken.

One to watch and wait (imo)

[dr biotech] 04/1/2023 10:33

Cenkos note out, have slashed forecasts but still rate it as a buy (sales delayed not cancelled etc). As a former holder I have to say it’s just very disappointing that the promise has not materialised. Whether it will is anyones guess but I’m not willing to punt at this stage.

[jammytass] 04/1/2023 10:06

Absolutely stitched up By the board of directors they are given the company away
To there insider friends for nothing
They don’t give a sh4t about private
Investors

[baner] 04/1/2023 09:49

I doubt there will be any hugely dilutive placing - the CEO owns too much of the stock. Rather they may sell more shares in for example AeoniQ - albeit at a significantly lower value than that paid by Hugo Boss. This could generate a good book profit and also cash injection.

[74tom] 04/1/2023 08:29

“74tom14 Apr '22 - 06:47 - 568 of 595 Edit
0 2 0
Beat revised top line revenue but gross margins missed by 3%. Operating profit of $3.4m missed the Cenkos forecast of $3.84m by ~10% & operating margin came in at 5.9%, well below the 7.7% forecast (and back in line with what they achieved in 2018 & 2019). H2 operating margins very poor indeed (H1 was 12.8%).

Still looks expensive at £100m market cap given the margin erosion, it looks to me as thought they’re chasing top line growth as a vanity metric which IMO isn’t going to help the share price”
———;-
This opinion has been completely vindicated by todays horrendous update, which borders on the disgraceful.

If you’re going to miss top line revenues by ~20% then there is no way you should be allowed to wait until after year end to notify the market, particularly if you’re going to use China as an excuse.

With the outlook statement, unknown cash balance & apparent addiction to acquisitions I still don’t think it’s a buy at £35m cap. Wait for the full year results and hugely dilutive placing IMO.

[pugugly] 04/1/2023 08:18

Trading update all jam tomorrow. Apparent management failure to correctly come anywhere near judging last 3 months market trends.

(Possibly too isolated in Switzerland?)

Very much (imo) a back burner stock. Possibly too late to sell (unless for tax loss purposes - unlikely after this UK fiscal year blood bath) but too early to buy.

Plus nothing more that I can see on payment failures by IPC - A very big big red flag (imo)

Now down another 25% to down 50% -

[thordon] 23/12/2022 19:12

As far as can see there is a two year period of a minimum of $8Million with a extension of another 3 years.
The Concern is we are not seeing the payment terms which may be weekly ; Monthly ETC which is the cause for the legal action.

[pugugly] 22/12/2022 19:45

rns re ICP -

ICP SITE -


ICP GROUP MORE INFO. ICP Group is headquartered in Andover, MA and has manufacturing and distribution sites throughout North America, Latin America, and the Asia Pacific region.

The more I dig the more concern I have about this apparent "walk away" and possible implications - That is if I have the correct IPC Group but data and information in short supply or looking in the wrong place.

Though link in the original LSE rns suggests it may be the correct group Re Paul G

[melton john] 17/12/2022 19:42

Sorry if I'm being thick, who are Chemex and IFC?




/

[pugugly] 16/12/2022 14:36

re 31 above - Very negative marker (imo) - Message received IFC realised they had may have bought a "pig in a poke" Jury out for me.

Any other thoughts as to why IFC appear to have jumped ship?

[edwardt] 16/12/2022 13:13

maybe or just illiquidity driving it temporarily lower.. listened to the webinar - only need a few of these great products to take off!

[bad gateway] 16/12/2022 08:35

All times low and hugging the trend. Thinking the market seems to have taken this from the purchase of chemex RNS as a profits warning?

"This Acquisition is expected to improve HeiQ's operating margin in 2023 and beyond and will also enable HeiQ to focus its future manufacturing investments in the USA, which have proven to be less exposed to energy price increases and critical base chemical raw materials availability challenges experienced in Europe in the recent years."


free stock charts from uk.advfn.com

[slim9] 03/12/2022 15:49

£90 Million Game Changer Here..........

As previously announced on 19 March 2021, ICP signed an Exclusive Licence and Chemicals Supply Agreement ("the Exclusive Agreement") to apply HeiQ Viroblock for printing processes such as commercial print, food, beverage and pharma packaging, in return for royalty payments to HeiQ. ICP has breached the Exclusive Agreement by failing to pay royalties or minimum exclusivity fee payments and failing to provide timely and accurate royalty reports. Contractual minimum exclusivity fees for the contract term amount to USD $30 million in total.

HeiQ seeks an order that would require the defendant to comply with its long-standing contractual obligations to HeiQ and given the exclusive terms is asking for treble damages under North Carolina law.

[bad gateway] 17/11/2022 16:13

Good to see some movement here today.
Still follow Carlo's linkin page sporadically, makes for interesting reading with their aeoniq yarn coming along nicely.

"Only 6 weeks in your backyard and HeiQ AeoniQ worlds first climate positive yarn is more than halve biodegraded!!! The Elastane mesh stays, Polyester and Nylon stay a 1000 years and cotton takes it's time. Amazing replacement for polyester! #sustainable #circular #carbonreduction #textile"

[livewireplus] 15/11/2022 16:00

Indeed ... and good to see it is for garments designed for mass market applications.

[bad gateway] 15/11/2022 15:37

Thanks Livewire, sounds good. Pleased that lycra are in charge too.

[livewireplus] 15/11/2022 14:01

US' The LYCRA Company & HeiQ launch textile tech for cotton knitwear - Fibre2Fashionhttps://www.fibre2fashion.com/news/cotton-news/us-the-lycra-company-heiq-launch-textile-tech-for-cotton-knitwear-284155-newsdetails.htm

[edwardt] 04/11/2022 17:29

China reopening should budge this a little . Odd

[hibberts] 31/10/2022 10:24

Once the seller is finished we should start to move up.

AHeiQ AeoniQ, the world's first climate positive fiber, has made significant steps towards full market launch in 1HY 2022.
Hopefully we can bag Nike or Adidas for the new fiber.

[edwardt] 25/10/2022 17:59

Sp gone to sleep