Microsaic Systems Share Discussion Threads

[barnes4] 11/3/2019 12:41

It looks like a juicy buy to me

[zooskeeper] 11/3/2019 12:34

1.6 was a sell

[dr biotech] 11/3/2019 11:39

If i lived in London I would.

Should also say that I forgot to mention Gilson yesterday. They are a substantial size and have decent reputation too so that could develop into something worthwhile if they can get them to focus on the MS. As always the issue is will they make more selling their own kit as the margins are higher.

To tie in some previous comments some years ago at Pittcon they had their own TV channel which was broadcast to the local hotels. One year Gilson sponsored it, and it was terrible. Imagine a presenter who knows nothing about science walking from booth to booth asking “what does this do” with a fixed smile on her face. Alan Partridge cringe.

[barnes4] 11/3/2019 11:15

This is a classic penny punt

Someone took 1.6p off the market makers at
8am

[ny boy] 11/3/2019 11:13

Will add if we get to 1p area

[ny boy] 11/3/2019 10:35

Dr B

Why don’t you ask the question at the investor evening later today, or if you are not going maybe someelse going can ask the question for you?

[dr biotech] 11/3/2019 09:17

Margins we used to work on..

If the customer is paying 100, the distributor is paying 50-60 and cost of manufacturing is 30-40. We’d try and get the distributors to buy demo units but not all did.

I’d like to know how many units are in production facilities and how many are in independent R&D labs. May have more success in the latter. It’s surprising how much impact the software may have. There are a lot of labs that just run empower/openlab etc and they won’t have the drivers for this. Data integrity is a really hot topic at the moment, just have to see how many 483s are issued because of it.

[k1ngkonggb] 11/3/2019 08:58

Oh there's a surprise...longshort right on cue!!!

Guessing you want to get in a tad lower!!!

[longstaycarpark5] 11/3/2019 08:52

Based on product sales of £460k they have sold a total of c 20 units with an additional c 9 in 2018 since there is an increase in product sales of c £220k. You do realise that when you sign up a distribution they normally buy a unit for demonstration purposes as part of the deal. So most of the additional sales can be explained by channel rather than sell-through to end users. Also that explains the increase in the first half of the year through signing up distributors with an upfront product sale. Of the channel partners Knauer and Gibson look best placed to shift volume to me. However, it is dissappointing in that something is clearly holding back end-user purchases. Performance or reliability or some other factor.

[dr biotech] 11/3/2019 08:02

When we had a new product we would give our distributors at least 2 years to show some signs of life. Some needed more hand holding than others it’s all about building confidence. We”d often go out with the distributors and visit the customers with the reps. That way we could answer the customer questions and it would force the local dealer to actually go out and find customers (as opposed to just putting the products on their website and hope customers would ask).

Looking at the results they have probably sold about 10 units over the year to 6-7 different customers. Would mean that some distributors haven’t sold any - it’s a long term game. Good luck to all, as I have always said I hope it succeeds.

[k1ngkonggb] 11/3/2019 07:45

Daz, the CEO has a five year plan with lady year effectively being a pre 1st year.

Biotech might be able to confirm how long it takes to commercialise these disti agreements but from my experience in the IT world, it can take alot longer.

The results are pretty good in comparison.

[ny boy] 11/3/2019 07:39

Good progress, keep it up MSYS, I am in here for a few years to allow for 10/20p min

[barnes4] 11/3/2019 07:37

At least enough cash for the next 12 months

[daz] 11/3/2019 07:32

Looking in here, does anyone know how long it takes to commercialise the partnerships they've signed?
I would have guessed 3 - 6 months for the development and testing. If so, I don't see how H1 of this year can show that much progress, given that some of the partnerships have been signed recently. Happy to be put right though.

[k1ngkonggb] 11/3/2019 07:30

Not bad at all. Good progress

[zooskeeper] 11/3/2019 07:17

Steady progress....

[barnes4] 10/3/2019 19:39

So how much revenue 500k-700k?

[barnes4] 10/3/2019 18:58

1x would be perfect
Chart is primed
A decent result and 2p is nailed on come Monday

[longstaycarpark5] 10/3/2019 18:40

'Kingkong' - What are you hiding!? Seriously, good luck with this and fair enough 1x would be a great result.

[barnes4] 10/3/2019 18:39

Need to think differently atm

[barnes4] 10/3/2019 18:38

Long stay should be short stay ha ha

[barnes4] 10/3/2019 17:52

Long has dithered

Too late for him to profit on this wave

[k1ngkonggb] 10/3/2019 17:36

No doubt we will see you tomoz on this thread...Longway!!!

[barnes4] 10/3/2019 17:23

Why worry about 10x

1 x is excellent and better than NatWest