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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Microsalt Plc | LSE:SALT | London | Ordinary Share | GB00BQB6FF85 | ORD GBP0.001625 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 80.00 | 8,197 | 08:00:03 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 75.00 | 85.00 | 82.50 | 80.00 | 82.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 11:57:16 | O | 75 | 81.75 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 19/12/2024 | 07:00 | UK RNS | MicroSalt PLC New Patent and Placement with Carma Hospitality |
| 10/12/2024 | 07:00 | UK RNS | MicroSalt PLC Shareholder Circular and Notice of General Meeting |
| 09/12/2024 | 07:00 | UK RNS | MicroSalt PLC MicroSalt and Hippie Snacks |
| 30/10/2024 | 12:01 | ALNC |  MicroSalt shares surge as receives several new bulk purchase orders |
| 30/10/2024 | 07:00 | UK RNS | MicroSalt PLC New and Follow-on B2B Customer Orders |
| 18/10/2024 | 18:44 | ALNC | TRADING UPDATES: LMS Capital NAV falls; Cloudcoco sells unit |
| 18/10/2024 | 06:00 | UK RNS | MicroSalt PLC Response to Share Price Movement |
| 04/10/2024 | 14:46 | ALNC | MicroSalt receives patent approval in China, Mexico and Australia |
| 04/10/2024 | 06:00 | UK RNS | MicroSalt PLC Significant Expansion of Global Patent Portfolio |
| 27/9/2024 | 18:53 | ALNC | EARNINGS: Mulberry profit slumps, announces GBP10 million fundraise |
Microsalt (SALT) Share Charts1 Year Microsalt Chart |
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1 Month Microsalt Chart |
Intraday Microsalt Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 24/12/2024 | 08:25 | MicroSalt Plc: natural salt with 50% less sodium | 175 |
| 20/12/2024 | 00:21 | Microsalt : SALT Links and Discussion. | 373 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-12-24 11:57:17 | 81.75 | 75 | 61.31 | O |
| 2024-12-24 10:02:05 | 85.00 | 2 | 1.70 | O |
| 2024-12-24 09:46:19 | 76.00 | 7,777 | 5,910.52 | O |
| 2024-12-24 08:49:02 | 75.00 | 117 | 87.75 | O |
| 2024-12-24 08:00:05 | 75.00 | 33 | 24.75 | O |
| Top Posts |
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Posted at 20/12/2024 00:21 by buywell3 ---- MicroSalt patent portfolio looks set to grow further into 2025 ----Ref the LSEG_NON which IMO should have been an RNS if looked at over a 1 to 2 year view. The global French fries market size was valued at USD 16.60 billion in 2023 and is projected to grow from USD 17.12 billion in 2024 to USD 26.56 billion by 2032, exhibiting a CAGR of 5.6% during the forecast period. North America dominated the french fries market with a market share of 43.37% in 2023. Ref the new patent application :- MicroSalt has filed a patent application with the United States Patent and Trademark Office covering unique methods and systems for transforming powdered salt formulations into granulated salt, specifically designed for use on fried foods including French fries and fish. The new formulation represents a significant technological advancement in sodium reduction, offering consistent seasoning distribution and improved flowability while maintaining full flavor with approximately 50% less sodium. This innovation addresses a critical challenge in commercial food preparation, where uniform seasoning across different cooking stations and shifts has traditionally been difficult to achieve with reduced-sodium alternatives. The global French fry market is projected to grow from US$16.6 billion to US$21.9 billion by 2030. With over 548,000 fast food restaurants worldwide, the majority of which serve French fries, the potential market for this technology is considerable. “This patent filing marks an additional major milestone in our mission to reduce sodium consumption globally,” said Rick Guiney, CEO of MicroSalt. “Our dedication to research and development has led to a breakthrough that enables us to bring the low-sodium benefits of MicroSalt to the entire foodservice sector. With this new formulation, we are addressing a critical need in the French fry industry, which continues to expand rapidly.” The effectiveness of MicroSalt’s new formulation has been validated through its adoption by Carma Hospitality, a forward-thinking restaurant chain based in Montreal, Canada, which has successfully integrated the product into its daily operations. "Carma Hospitality has integrated MicroSalt's new formula into its operations, highlighting its effectiveness in maintaining consistent seasoning across various workstations and shift changes.” IMO Carma Hospitality restaurants have trialled the new Microsalt product which is now soon to be patent pending AND since it piggybacks on other Microsalt patents which have been granted --- will almost certainly also get the nod. This the Microsalt patent portfolio grows Buywell has a feeling that another patent application will soon be filed This will involve the manufacture of even smaller sized salt crystals which will lend their use to sodium reduction in pastes, butter , cheese sauces , soups and liquids of IMO up to 75%. Perhaps bread manufacture also will adopt such a product to reduce the massive sodium levels in bread . Such a product would be too good not to use with WHO, FDA and Government changes regarding reduced Sodium and better health benefits now becoming self evident . Tate and Lyle adopted a patent for low sodium which was used for bread making around 10 years ago It was achieved by the use of smaller salt crystals --- surprise eh However the present MicroSalt crystals are MUCH smaller --- and heve BIGGER Sodium reductions in bread can be achieved Therefore If yet an even smaller Salt crystal can be made ---- the likes of Tate and Lyle should be interested once again IMO dyor |
Posted at 18/12/2024 06:24 by buywell3 MicroSalt are in the process of expanding their patent portfolio worldwideImportantly recent patent grants , and soon to be announced grants involve the MANUFACTURING PROCESS that MicroSalt has invented . MicroSalt has been recently granted a ‘Certificate of Invention’ patent in China for its ‘Improved Low Sodium Salt Compositions’, now issued as Chinese patent CN114206133. MicroSalt stated that the patent covered its low-sodium salt composition, which adheres salt to carrier particles, reducing sodium content by about 50%. Additionally MicroSalt have received a notice of allowance for its patent application in Mexico, adding that it expected the formal issue of the Mexican patent following payment of the final fees. Similarly, the Australian Patent Office has accepted the MicroSalt patent application, and an Australian patent was expected to be issued after the conclusion of a three-month opposition period. So this could be January 2025 The newly-issued and accepted patents referred to above have been developed and build on the foundation of the existing MicroSalt United States patent 11,992,034. Further patent news for MicroSalt is also 'pending' , since there are patent applications for its low sodium salt composition in jurisdictions including: Canada, Hong Kong, Chile, Japan, Europe, Brazil, India, and Russia. Conclusions:- We know that several Major Food manufacturers have been trialling MicroSalt in their products Naturally only one product line was trialled first to ensure customers were happy and the manufacturing product line could be re-jigged to use MicroSalt instead of ordinary salt with minimum fuss. This has now been done --- and at least 3 BIG companies are now placing bulk orders to expand the use of MicroSalt into other product lines. Naturally a BIG company is likely to move from 1 product line to perhaps 3 product lines to once again ensure everything stacks up ---- maybe 3 to 6 months for customer feedbacks before going to the next level . With the FDA FOPL changes and Trump MAHA coming for the food industry --- 2025 could see wholesale changes across multiple product lines within several BIG food manufacturers AND in several different countries . Mandated FDA Sodium levels in 100g of food product is on the way IMO. MicroSalt have stated that they can rapidly replicate production of their patented ‘Improved Low Sodium Salt Compositions’ so as to locally manufacture the required MicroSalt product within the same countries as their BIG customers. Thus 2025 could IMO see a fast scaling up in the use of MicroSalt by many food manufacturers in many different countries as OTHER BIG companies realize they have to play catch up but quick. dyor |
Posted at 01/11/2024 11:12 by buywell3 A Google AI search asking the QuestionWhich governments have mandated salt reduction targets in foods ? AI Overview Many governments have mandated or voluntarily set salt reduction targets for foods, including: Argentina: Has mandated targets for the leading sources of salt in the population's diet, such as bread, meat, soups, snack foods, and canned foods Belgium: Has mandated targets for bread products Bulgaria: Has mandated targets for bread, cheese, meat products, and lutenica Greece: Has mandated targets for bread and tomato products Hungary: Has mandated targets for bread Netherlands: Has mandated targets for bread Paraguay: Has mandated targets for bread Portugal: Has mandated targets for bread ==================== buywell conclusion 1. Bread seems to be the number one choice by governments to have a mandated salt reduction target imposed upon it 2. Several countries have already seen the light and imposed such madated salt reduction targets upon bread which should encourage other countries to follow . 3. Smaller salt crystals have been shown to work in bread in the UK some years ago --- buywell discussed this at length in the TEK thread over a year ago. The company concerned used salt crystals many times bigger than MicroSalt crystals and achieved Sodium reduction numbers in the order of 15% ish (from memory ) 4. Having established that smaller sized salt crystals reduced Sodium in bread , logic dictates that even smaller sized salt crystals like MicroSalt will reduce Sodium content in bread by a larger percentage . 5. The UK Government at prsent have no mandated salt reduction targets --- perhaps bread will become their first one , after all bread is the staff of life and the majority of humans consume it . dyor PS AI Overview The UK Nottingham-based company that produced smaller sized salt crystals often used in bread making is "Eminate," a spin-off company from the University of Nottingham; their product is called "SODA-LO® Salt Microspheres," which are essentially tiny salt crystals designed to significantly reduce the amount of sodium needed while maintaining taste in food products like bread. SODA-LO® Extra Fine M Average particle size of 20-30 microns provides an excellent distribution in a food matrix for high sodium reduction. It can also be used as a saltiness booster for tailor made reduction. AI Overview MicroSalt crystals are between 0.2 and 0.6 microns in size. This makes them 100 times smaller than regular salt crystals. MicroSalt is a salt product that uses a patented process to reduce the size of salt particles. |
Posted at 01/11/2024 08:55 by backmarker I don't think MicroSalt will have any role in soft drinks or other products where the salt is dissolved.The way Msalt works is as a dry seasoning. The salt hits the tongue and gives a salty hit. The point is it takes less weight of micro granules to produce the same salty hit than big granules. But dissolve Msalt in sauce, soups, soft drinks etc., then it will only produce the same saltiness weight for weight as big granules.So Msalt has value where the granules are hitting the tongue directly; so crisps, chips, sprinkled on your breakfast. But as soon as the salt is dispersed into other materials it will only produce as much saltiness as any other salt.Msalt only has limited application, but fortunately that application is huge. |
Posted at 31/10/2024 17:09 by buywell3 GoogleAI Overview Food manufacturers use about 5 billion pounds of salt each year. In the United States, the estimated salt consumption in 2023 was 55 million metric tons. AI Overview The amount of salt in fizzy drinks varies by brand and type of soda, but here's some information to help you get an idea: Coca-Cola: A 350 ml bottle of Coca-Cola original taste contains 18 mg of sodium, while Coca-Cola Light contains 40 mg, and Coca-Cola zero sugar contains 49 mg. Fanta: A 330 ml serving of Fanta Orange contains 10 mg of sodium. SodaStream Professional: A 12 oz serving contains 40 mg of sodium. Salt is added to carbonated water, also known as soda water, club soda, seltzer water, or sparkling water, to improve its taste IF MicroSalt can reformulate a smaller sized crystal ---- and they were looking at making a 80% less product a year or so ago Then IMO such a product would work better in soups , bread dough , ice cream , butter and cheese , and in liquids eg AI Overview Salt's role in ice cream Salt lowers the freezing point of water and causes the water temperature to drop, which helps ice cream freeze faster. Ice cream production In 2023, the U.S. ice cream industry produced 1.30 billion gallons of ice cream. The average American eats about 20 pounds of ice cream per year, which is the highest per capita consumption in the world. Clearly salt reduction applies and is needed across many types of foods/drinks/snacks and confectionary including ice cream See latest buywell post on TEK thread Expect UK Government to impose Salt Tax within months Other Governments elsewhere to follow NHS needs more cash , Food producers need to help out since there is too much salt at present in foods Self regulation and banning advertising has not worked Direct action by mandatory taxes on salt in foods now needed Salt now directly linked with present Obesity epidemic buywell explains in TEK thread post today dyor |
Posted at 31/10/2024 17:00 by jaknife btgman,"Jak Stop embarrassing your self Don't be so silly you are spending all your time talking about last year no one is interested in last year. If you want to debate the numbers lets start talking about half 2 v half 1 and the numbers that are being announced going forward. Half 2 will be ahead of half 1 next year will be ahead of this year from what we are seeing We all know you are a shorter everyone knows what you are doing AIMHO GLA BTG" You don't appear to understand the simplicity of what I'm presenting. Try taking a read of one of the many places on t'net where you can learn how to calculate growth: What is Revenue Growth? How to Calculate and Improve it But none of this will change the facts: SALT’s revenue has shrunk for 18 months now. I note your wild claim that you believe that H2 will show growth. But it doesn’t yet does it? Because the H2 numbers aren’t in it yet and so you can’t calculate it! Shall we simply leave it at that and wait for the finals to come out? As noted before, I forecast: * trivial revenue * miniscule gross profits * enormous admin costs * significant net losses * material cash burn * a gaping hole in the balance sheet with a need for cash to fund it AND a lower share price And re your comment on shorting, I repeat, it is impossible to short MicroSalt, neither SpreadEx nor IG have the borrow available (I have checked). If the borrow was available I would have shorted it and would have no qualms about admitting that I was short. SALT is a terrible business! The share price of all such businesses slowly heads to zero! To the extent that you hate shorters (because they sell shares) your real ire should be directed towards TEK Capital who, even now are probably selling as many as they can without depressing the price. Because they desperately need the cash! JakNife |
Posted at 27/9/2024 11:27 by jaknife Kiplig,It is time to discuss SALT again, as noted back in May: Let’s go through today’s interims ( with those comments in mind: P&L I had forecast: ”* insignificant growth * immaterial revenue * significant admin costs making the post-tax loss material” It is worse: * revenues have declined by 14.4% * revenues are still immaterial (£220k), at a level where this might be a “hobby business” for a retiree, but this is obviously not a company that should be listed. * admin expenses are astronomical in comparison giving a significantly increased post-tax loss of £2.5m Balance Sheet I had forecast: ”* an increased share count, probably from the exercise of share warrants * probably enough cash, from the exercise of those share warrants, for there to be enough to continue as a going concern for the next twelves months * net assets in the region of £2m” * There were 43.2m shares in issue back in May when we last discussed SALT, that number is now 48.2m, following the exercise of various warrants, shareholder have been diluted by 11.6% * They had cash as at 30 June 2024 of £2.4m and, given that the cash burn in H1 was c. £3.2m I would be concerned that they will need to raise further funds before Christmas * net assets are just £0.9m Cash Flow * c. £3.2m was burnt in H1, it really doesn’t look pretty I had also forecast: ”* a lower share price, in the ball park of 60p, possibly lower if the convertible loan has begun to be converted to shares (it's an "at the market" convertible rather than a fixed price one)” The share price is 50p and the convertible hasn’t started yet! These numbers are stunningly bad, and it should be plainly obvious that the full-year numbers are going to look awful as well. In addition significant shares need to be issued to raise capital for the business. I would encourage you to go back and look at your posts from May and think about your expectations for this business versus what I forecast. Somewhere you have had your expectations set at an unrealistic level and if you re-read my comments you will see that I lay that blame fairly and squarely with TEK Capital. TEK Capital has a track record of floating off parts of its portfolio at ridiculously high valuations and with ridiculously high expectations. Then they fail to deliver and shareholders lose bucket loads. I would suggest that you sell whatever SALT shares that you have left now, take the hit on the chin and chalk it up as a lesson learnt. JakNife |
Posted at 15/5/2024 07:21 by oliversanvil MicroSalt plc("MicroSalt" or the "Company") Patent Issuance for Novel Low Sodium Salt MicroSalt plc, (AIM: SALT) a company producing full-flavour, low-sodium salt for food manufacturers and consumers, is pleased to announce that the United States Patent and Trademark Office has granted and will issue its patent number 11,992,034 entitled Low Sodium Salt Composition on 28 May 2024 (the "Patent"). This relates to Microsalt's patent application No. 18/175,028, previously announced by the Company on 6 March 2024. The Patent concerns the production of MicroSalt having claims directed to a low-sodium salt that adheres better to foods than a traditional salt that is not adhered to a carrier particle, and that is produced according to MicroSalt's claimed improved production process. MicroSalt also has counterpart patent applications as described in the Company's admission document dated 27 January 2024, with claims directed to similar subject matter as the Patent, pending in countries including China, Chile, Australia, Brazil, Europe, Canada, Japan, Russia, Mexico, India and Hong Kong. MicroSalt also owns a previously issued United States patent directed to its salt carrier product and production processes, and a United States provisional patent application directed to additional innovations. |
Posted at 09/5/2024 07:07 by masurenguy Blue sky potential: MicroSalt (SALT:AIM) 70.5pOne market minnow on a mission to reduce sodium consumption and heart disease is MicroSalt (SALT:AIM), producer of a patented full-flavour, low-sodium salt for food manufacturers and consumers that is strengthening its intellectual property position and could reward a punt if its technology fulfils its tasty potential over the next decade, though the market newcomer is no stock for widows and orphans. Revenue remains modest and the company chalked up operating losses of $2.5m in the year to December 2022 followed by a $1.7m deficit in the six months to June 2023 due to ongoing investment in the MicroSalt brand and new product formulations. Liquidity is also thin given TekCapital’s (TEK:AIM) majority stake. Nevertheless, the shares are up 65% on February 2024’s 43p IPO price in recognition of its potential to disrupt the food industry and growth scope in a global sodium reduction ingredients industry worth an estimated US$5.5bn in 2021 and forecast to reach US$9.6bn by 2032. Management believes the £30.5m cap, whose consumer products include 50% less sodium salt shakers and SaltMe! low sodium crisps selling on Amazon and stocked on retail shelves across the pond, is well positioned to capture growth in the low sodium market and enter the larger salt market, with major, though as yet unnamed, food, drink and snack manufacturers developing and trialling MicroSalt across their products. MicroSalt also secured its first placement into the premium food service sector with Carma, a chain of restaurants in Canada, which CEO Rick Guiney said demonstrates ‘the wide appeal of Microsalt and offers a real-world example of our potential in the foodservice channel’. [JC] Complete article: Interesting stock although early days in its development. No position but onto my watchlist. |
Posted at 08/2/2024 20:05 by mr.oz Strategy Highlights:· MicroSalt is sufficiently capitalised and well-positioned to pursue immediate opportunities in its business to business ("B2B") and business to consumer ("B2C") channels. · The Board believe nearer term profitable growth will primarily be driven by its B2B business. In 2024, the Company will continue to prioritise conversion of current B2B customer trials into commercial volume orders, expanding current product line sales across to other product lines and to establish new potential B2B partners to reformulate their product ingredients using MicroSalt technology to reduce sodium content. · Having secured commercial orders from Customer B, the Mexican business of one of the world's largest food, soft drink and snack manufacturers, and Customer A, a national Fortune-500 pharmacy / food retailer, for use in their crisp and salted nuts lines, the Board see a clear path to sales growth in its higher volume B2B business. The Company expects to announce new orders and new customers, primarily based in the US, in the coming period. · MicroSalt is in early-stage discussions with three of the largest UK supermarkets to use MicroSalt technology in their own-label products, as well as suppliers of ready-meals and a fast food burger company. · MicroSalt plans to attend at least 12 food shows globally, including international events in Frankfurt, Paris, Shanghai, Dubai, and Stockholm. · In addition to over 1,000 US and Filipino outlets stocking MicroSalt salt shakers, the Company will maintain its global expansion, aiming to make B2C products available in more top-tier retail stores, and in new territories. · To manage expected growing order volumes, the Company will continuously monitor and expand as appropriate its global distribution and logistics network of third party manufacturing facilities, storage hubs, and transportation routes. In the longer term, the Board may determine it appropriate to build and manufacture some of its required volumes inhouse. · The Company is encouraged by global regulatory agendas supporting reduced sodium consumption and will seek to engage constructively with authorities and policymakers. · Through MicroSalt's marketing and sales strategy, the Company will continue to educate consumers on the health benefits of lowering sodium consumption, and communicate to the food manufacturing industry the commercial benefits of reformulating products with MicroSalt's low sodium technology. Reformulation MicroSalt is working with existing and potential customers to reformulate products in order to reduce sodium content using MicroSalt's patented technology. The Company is encouraged by results to date, which include successful testing results for Customers A, B and C (as described in the Company's admission document). MicroSalt has a sales pipeline of potential customers engaged in testing and expects to announce additional updates throughout 2024. MicroSalt has proved its technology can be implemented in the reformulation of ingredients of crisps, bread, ready meals, and coatings for salted nuts. The Company believes many more products have the potential to include MicroSalt technology. The Company believes a substantial commercial opportunity exists through the changing attitudes of major food companies to reduce sodium, and that it is well positioned to take advantage of the nascent market for a healthier alternative that tastes like traditional salt |
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