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SALT Microsalt Plc

92.50
-1.00 (-1.07%)
21 Jun 2024 - Closed
Delayed by 15 minutes
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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -1.07% 92.50 90.00 95.00 93.50 92.50 93.50 38,964 10:43:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Microsalt Share Discussion Threads

Showing 326 to 349 of 350 messages
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
13/6/2024
07:57
Americans love their "chips" (crisps!)
Anything contributing to getting their products/ name out there, has to be a positive addition

davethechef
13/6/2024
07:32
hxxps://reviewed.usatoday.com/cooking/content/thrive-market-review-organic-online-grocery-worth

Thrive Market reviewed link

davethechef
11/6/2024
05:08
Investors Chronicle on MicroSalt.Fantastic to be picked up by IC. hxxps://www.investorschronicle.co.uk/ideas/2024/05/30/microsalt-s-winning-formula-has-substance/#:~:text=Scaling%20up%20B2B%20sales%20key,two%20major%20food%20manufacturing%20customers.
kiplig
07/6/2024
10:47
hxxps://youtu.be/Uirpm4TfFd0
CEO interview

davethechef
02/6/2024
16:05
Correct mr oz. I used to be able to take sells in SYME, MOS, EUA etc. no chance of that happening now. Market has closed.
purchaseatthetop
02/6/2024
16:04
IG are only allowing positions that close an open deal for a large number of AIM shares at the moment. Hence its impossible to go long or short on SALT
mr.oz
02/6/2024
15:22
kiplig,

"If you don’t believe, then don’t buy the stock - or short it of you’re that passionate."

FWIW it's impossible to short SALT, but even if it wasn't, it would be reckless to short it at this point in time.

Firstly note that no entry has been created at ShareTracker:



So no one (market markets apart, since they are excluded from having to disclose) has shorted more than 0.5%.

Also note that IG have zero positions (long or short) in SALT:



And since IG are prime broker to SpreadEx then neither do SPX, hence the top two spread bet providers in the UK have zero positions.

But the biggest reason why no one should get involved on the short side is that the free float in SALT is miniscule. TEK own 77.1% of SALT and the next three shareholders own another 8.4%. Less than 15% of SALT is considered to be free-float, which is very small and thus dangerous to short.

It does of course also point to one of the reason why SALT would be a good short - because in time TEK Capital will have to crystallise their shareholding, just like they've done with the likes of Lucyd and Belluscura. But that's not a good enough reason on its own to try.

JakNife

jaknife
02/6/2024
12:59
I know. But it is fun to debate the issues.
purchaseatthetop
02/6/2024
12:48
Correct! It has none of the nasties - which is the key differentiater to the other low salt products.Look, if the product was rubbish, then Fortune 500 companies wouldn't be trialling it and using it. So we must accept the product has merit. How successful will it be? None of us can ultimately know - but I'm extremely happy with the progress that appears to be getting made. Only time will tell. I'm a believer so hold the stock. If you don't believe, then don't buy the stock - or short it of you're that passionate. Only time will tell - and is arguing about it on a BB will have zero impact on that outcome!
kiplig
02/6/2024
07:39
Kiplig. I am not Jaknife but you clearly don’t know the product!

It contains salt and the carrier maltodextrin. Not just salt. The process is the salt and maltodextrin are dissolved and then dried really quickly so the salt forms on the carrier particle.

Glad to help.

purchaseatthetop
02/6/2024
07:18
jakNife. You are bang on here - your Google search will show that there are plenty of low Sodium substitute salts - why have none of them taken off, given we all agree that lowering sodium is important to health?The answer? Look into hen ingredients list of every one of these salts. They're filled with additives - most commonly Potassium, but there are others, and these have an aftertaste or are not healthy. This is THE USP of Microsalt. There is none of this. There is no aftertaste because it is simply salt - just in finer particle size.Let's not argue. Let's just wait and see. I accept progress has been a little slower, but they're dealing with global major companies who work to their own timings. The important thing is that it's still very much live - if the testing had failed and the trials terminated then this would be announcable under AIM rules, so we know it's all u detest.
kiplig
02/6/2024
00:24
Taste is paramount

Hence this shre isn't for widows, orphans or patt/jak

mr.oz
01/6/2024
23:33
PATT/Jack I'm assuming you're one and the same.
You are right I am amazed that none of your low sodium metal tasting substitutes appear to have any traction reducing sodium with any of the world's leading food and snack manufacturers.
AIMHO
GLA
BTG

btgman
01/6/2024
20:01
btgman,

"in essence you are correct it is just Salt. Salt that reduces sodium content by 50%. Would you care to explain how food companies will reduce sodium content while maintaining the same flavour without using Microsalt."

Have you tried typing "Low Sodium Salt" into Google?

On the face of it you are going to be completely amazed at how many existing buying options already exist!

JakNife

jaknife
01/6/2024
18:38
Btgman.

There are many other micro salts that are not quite as small as your Microsalt. The question is does ever decreasing size of salt particle generate value? Actually it creates problems because it makes the salt very vulnerable to moisture.

The food companies largely use salt for preservation of food snd size of particle does not impact that. On things like crisps they do not need the smallest salt particle. Just a small one. Of which there are lots.

Once again, the drop in sales suggests that there is not a massive need but that is my view only.

purchaseatthetop
01/6/2024
18:29
PATT
in essence you are correct it is just Salt. Salt that reduces sodium content by 50%. Would you care to explain how food companies will reduce sodium content while maintaining the same flavour without using Microsalt.
If you know the answer to this question you might gain some credibility otherwise you look weak
AIMHO
GLA
BTG

btgman
01/6/2024
17:47
Kiplig. Yes, and revenue actually fell from $640k in 2022 to $574k in 2023!

It’s just salt. A commodity sold in tens of thousands of tons. It’s not exciting. Surely the drop in revenue suggests strongly that the trials are not turning into contracts? The recent statement saying that revenue is slower than hoped for 2024 does not give excitement. And the main patent runs out in five years.

By all means retain great hopes but when they RNS a chain of ten restaurants taking some salt you know news is slow!

purchaseatthetop
01/6/2024
16:58
PurchaseAtTheTop - you're doing the same thing as JakNife. They are developing a product and trialling it with clients - it is too early to measure progress by revenue. This is precisely the model of natural resource companies or biotech or emerging tech plays. They all suffer losses because they invest funds proving up their product. Oil companies drill exploration wells, drug discovery do FDA trials, Uranium companies explore.... These companies have no revenues yet can have huge valuations. Why? Because they are increasing probability of success, that's why. Let's not bicker. I'm a believer, you're not. That's absolutely fine. In every stock that trades there is a buyer and a seller. One will get it right and one will get it wrong, but let's not try to spook people.
kiplig
01/6/2024
08:09
Kiplig.
There are many micro salts variations already on the market. Yes Microsalt is the smallest but merely being small does not make it a great product.

2023 was an utter disaster with revenues dropping from 2022 and with gross margin going negative.
2024 has been stated in the accounts:
“2024 set to be a key year where MicroSalt is expected to receive recurring commercial volume purchase orders for its bulk product, whilst acknowledging the rollout of MicroSalt across new and/or further B2B product lines has been slower than hoped during the current year to date”

What does “slower than hoped” mean? If it means sales have dropped even further below 2023 levels then the absence of a USP becomes clear. Remember that TEK had been trying to monetise this since 2016 snd nobody was interested. Wonder why.

purchaseatthetop
01/6/2024
05:44
JakNife,It is clear we fundamentally disagree on industry standard valuation methodologies for growth companies. Your techniques are valid for valuation of mature businesses where revenue and earnings growth are the primary measurement tool. But I have no doubt you know this - you're just having fun spooking the less experienced in an attempt to profit.What we need to loo at here is the probability of them proving up the commerciality of their asset. That isn't revenue or growth, that's inking a supply deal with a credible end user. Such as a Fortune 500 company. It is after that point you start to measure revenue growth. But you know that already.So agree - let's review in 6 months. They may or may not be successful - none of us can know - but if it is true that they are trialling in several of the largest snack food companies in the world, then what is clear is that there is a genuine possibility that this just might be a great product.
kiplig
31/5/2024
16:41
kiplig,

We disagree on numerous issues relating to SALT but I am well aware that many investors need to see "things" happen. Which is why I suggest that we discuss this again in six months, when the next results are out. I forecast:

* insignificant growth
* immaterial revenue
* significant admin costs making the post-tax loss material
* 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
* 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)

You don't have to make a forecast if you don't want to but I promise that if you take detailed notes, including of forecasts, then it will be hugely beneficial to your investment journey in the long run.

JakNife

jaknife
31/5/2024
15:59
kiping:_ Fair point but what percentage of start-ups fail on the way and never make it to profitability with a value greater than the book cost of the investments made into them, adjusted for inflation?
pugugly
31/5/2024
15:50
JakNife. I have zero doubt you're smart enough to know that you don't value early stage growth companies on revenue. You know this, but are using it as a tool to spook the less sophisticated investors here.When an oil company is developing a huge asset, they prove up value by de-risking, defining resources and reserves. All this is pre-revenue, and incurs costs which are expensed. This is normal. SALT we're crystal clear in stating that they are focusing on landing one of these Fortune 500 companies that they are isndoscussions/trials with. This is pre revenue and incurs cost. But what if they land a contract to supply one of these customers, which is entirely possible.
kiplig
31/5/2024
12:57
Jaknive = very negative
up to the moon and back
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older

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