Microsalt Share Discussion Threads

[showme01] 15/5/2024 06:40

Multibags from current MC imo

[btgman] 15/5/2024 06:39

Today's RNS is hugely significant to Microsalt with the other countries likely to follow momentum is building here expect to test post float high's near term.

AIMHO
GLA
BTG

[trustedinvestor] 15/5/2024 06:26

MicroSalt PLC - Patent Issuance for Novel Low Sodium Salt #SALT https://www.voxmarkets.co.uk/rns/announcement/02844fde-6a2f-43e7-98fc-033175eac119 #voxmarkets undefined

[mr.oz] 11/5/2024 07:23

SALT covered to some degree
Well worth the read

[kiplig] 10/5/2024 20:02

I've done my work on this one and I firmly believe that it has phonetically to be a 20x. It is so tight what will happen on some proper good news?

[mr.oz] 10/5/2024 09:11

Nothing new reported since IPO , but something started to stir just before the Share Mag tip yesterday.
There is a chance we hear the names of one or two of those initial customers. And perhaps repeat order details

[showme01] 10/5/2024 08:13

Tight liquidity to buy. Had to fill or kill tobuy 2k worth

[master rsi] 10/5/2024 08:12

Another good move up this morning 87.50p +8p (10.06%) with a good 90K of shares traded on the 1st hour

[molatovkid] 09/5/2024 19:02

Buckle up! This one goes far and fast when it breaks (like today)....120p+ last time

[davethechef] 09/5/2024 14:57

hxxps://www.sharesmagazine.co.uk/article/stocks-to-reward-you-for-decades-to-come-searching-for-dividends-quality-and-exciting-growth-potential

[master rsi] 09/5/2024 14:38

78p +12.50pp +18.52%

Keeps moving higher as the volume has reached places not seen for some time 234K

[master rsi] 09/5/2024 10:10

Posted a bit earlier somewhere else...

Things are looking better today, though the price is back to the 67.50 to 72p movement lasting a while, if managing to break that then the move up to 90p will be the next route. A good volume buying today could break that.

[davethechef] 09/5/2024 07:28

Cheers for that report. I've picked up a few more. Just need those big contracts for the " blue- sky"!

[masurenguy] 09/5/2024 07:07

Blue sky potential: MicroSalt (SALT:AIM) 70.5p

One 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.

[lord loads of lolly] 02/5/2024 08:35

kiplig - not sure what "all the nasties" are which you claim other low sodium salts contain?

Potassium chloride is the main one out there and scientific studies have shown this to be safe:

www.ncbi.nlm.nih.gov/pmc/articles/PMC4848703/

Final paragraph reads: "Potassium chloride has gained regulatory acceptance for use in food products in the United States and European Union and also numerous other international scientific bodies and regulatory authorities. Therefore, based on the intake data, reformulation scenarios and increasing global regulatory acceptance, potassium chloride is recommended as a valuable, safe replacer for sodium chloride in food products."

There are many low sodium salt alternatives containing potassium chloride. They're manufactured by household names like Saxa and are far cheaper than Microsalt. I'm sure Microsalt's small crystal size gives it some adhesion advantages in the food processing sector. But Tate & Lyle launched a similar product - Soda-Lo - years ago and it spectacularly bombed & is now discontinued:

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

[kiplig] 02/5/2024 05:36

A confident CEO who confirmed that things are going very well, with lots of product testing going on and a macro thematic push driven by governments to reduce sodium intake. We're the only product globally that can achieve this using real salt without all the nasties. Some rough back of the envelope math allows me to generate valuations of over 20x current prices. I don't want to get carried away, and they'll need a few more contracts to validate the attractiveness of this product to stock market investors, but once this happens the stock will bounce hard, in my opinion.

[davethechef] 01/5/2024 15:17

httups://youtu.be/kT0_Fb7aH0g
CEO brief interview update from today

[jaknife] 30/4/2024 22:13

lord loads of lolly,

I agree with you entirely.

JakNife

[lord loads of lolly] 30/4/2024 22:10

Mr.Oz - your call.

However, sometimes when investing it pays to at least listen to & consider opinions you disagree with.

[mr.oz] 27/4/2024 10:10

lord loads of lolly26 Apr '24 - 16:40 - 124 of 124 (Filtered)

Same everywhere for this bore

[lord loads of lolly] 26/4/2024 15:40

davebowler - here's why.

TEK is trading at a vast NAV discount currently. But there's 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 here, so who knows how it'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.

Just take a look at TEK's share price. It's below where it was 3 years ago. And LESS THAN A SIXTH of its peak back in 2015.

[davebowler] 25/4/2024 12:00

Why not buy TEK as a back door, better value route into this?

[mr.oz] 23/4/2024 09:26

Waking up again

[purchaseatthetop] 13/4/2024 07:26

I am expecting regular RNSs now whenever a new chip shop starts using Microsalt!

[mr.oz] 13/4/2024 07:17

Hospitality
Not hospital

I had not taken enough interest in that at the time :-)