Microsalt Share Discussion Threads

[bountyhunter] 19/9/2024 12:48

Works for me, are you using a VPN?

[petersinthemarket] 19/9/2024 12:19

When I try to open the above link in #127, or in fact attempt any access to their website, or any of their website links, I get the following message:

''Sorry, you have been blocked, You are unable to access kinsta.cloud''

Was it something I said?

[davethechef] 18/9/2024 14:15

Bought a few more yesterday & this morning but showing at sells both days. Selling & fall overdone I say, & set a decent recovery,onwards.

[davethechef] 17/9/2024 13:44

That's an encouraging write- up on yesterday's news. Just waiting for confirmation of the major food distributors/ manufacturers being named & taking up Microsalt & the share price will recover.
Presently 55.20p to sell & 55p to buy!?!

[z1co] 16/9/2024 08:08

A very decent update this morning.

[mr.oz] 16/9/2024 07:02

Quite low key
But also quite encouraging imv

[mr.oz] 11/9/2024 19:22

Yes, patience and deep pockets needed here.
Not many people have that in the abundance required.

Thought SALT would have named names, by end H1

[jaknife] 11/9/2024 16:10

It's coming to that time of the year again - the dreaded results season. SALT have until the end of September to publish their accounts to tell everyone the bad news. As I have already noted to kiplig in post 191, 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)

from:

Some forecasts are so easy because they are so obvious. It amazes me that it's not obvious to everyone!

JakNife

[davethechef] 11/9/2024 15:04

Need a good update, news!
Lot of shares getting punished though it seems.

[davethechef] 28/8/2024 08:55

Very tight spread; in real terms, can sell 74.5p & buy 74.97p.
Could do with some good news, an update

[chasbas] 15/8/2024 16:22

Why are the other companies not more successful then? Apparently its because of the potassium or other additives. If nothing else, Microsalt might demonstrate soon that there is demand for a better product. We shall see.
Yes, I'd be happy if they sold the patent (or the company) for a lot but I have no idea what its worth. Purchaseatthetop thinks its not worth much so I trust he's not a holder...not sure why he's posting. IPO was at 43p and market price today is 77p. Great in the scheme of things...I didn't participate but obviously should have.
Management have a lot to prove but its early days. Small unproven companies are a gamble. That we can probably agree on.
GLA

[purchaseatthetop] 15/8/2024 16:02

The patent runs out in four years or so. Not much value there.

[danmart2] 15/8/2024 15:36

Your missing the elephant in the room

Other companies are selling reduced sodium salt products, and these companies are established industry players

Microsalt best option is to sell the patent and give shareholders a big dividend

[chasbas] 15/8/2024 14:04

The bears are winning in terms of the share price but:
1. We haven't had any results yet this year...when we do we should get a broker's note with forecasts....updates before the year end could be compelling (or not)
2. There seems a lot of support in the industry for Microsalt from wholesale distributors, restaurants etc. Are they really all wrong? P&G for example.
3. There remains a huge need for a low sodium product from governments and food manufacturers...if we get a serious proof of concept demand could take off

Given the potential upside I am giving Microsalt's management more time, after all the IPO was only in Feb 2024 all IMO

GLA

[pugugly] 15/8/2024 09:23

Ellipses re 224. Excellent analysis - Most useful. Scientifically confirmed my layman view.

[purchaseatthetop] 15/8/2024 08:11

My problem with it is Tek had been trying to monetise it since 2016 and nobody was interested

[lord loads of lolly] 12/8/2024 14:43

ellipses - interesting points.

However, the main reason I've always questioned Microsalt's likely success is that Tate & Lyle tried commercialising something very similar. And it failed.

If Tate & Lyle - with all their expertise & resources - couldn't make a go of it, why exactly are Microsalt likely to?

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

[ellipses] 11/8/2024 20:45

I see this one is going well or rather not.

The base patent is production of a salt substitute using salt but relying on surface micro-crystals on a maltodextrin substrate providing an initial flavour hit. At least that is the claim.

However the product, as advertised on their website, only reduces the salt content of the product by 50%.

If it was all about the surface micro-crystals then why the bulk overload? I've read the patents so you don't have to. The first fail is that they spray dry a solution of maltodextrin in salt water.

Sure they mess about with the mix and parameters then make various claims as to how you get the surface micro-crystals but then they produce something with only 50% less salt.

Much more that what the patent suggests might be possible. I can only conclude that they have a patent on a thing that does not work in production because the real product, as manufactured, exceeds the salt contents supposedly achievable in the patent.

Also it's not exactly the game-changer that they set it up to be. Especially when you consider it is not really a general purpose replacement.

Sure. It works on crisps and snacks because the maltodextrin improves adhesion and handling as suggested in the second patent.

And yes. Someone else told them it could be used in bread. That says it is a product looking for a market and they don't know the market...



If they have to rely on someone else knowing more about their stuff than they do then there is something wrong.

Sure you might buy a tub down the supermarket and try it on your chips.

Put it in any naked product that is going to dissolve it and/or not be immediately eaten and, unless the matodextrin has a beneficial effect as for example a thickener or improver, you are just putting in half as much salt which you could have done in the first place.

It's the maltrodextrin what done it.

Outside of crisps and other dry packaged snacks, solely for the reasons of adhesion and handling, the product is a dead end.

I once mocked the bloke from TekCapital for calling it Dry Spraying and outing himself as some sort of technically ignorant share ramper. MicroSalt uses Spray Drying.

FFS!

However he may have had a point.

There are techniques that coat only the surface of a substrate, multiple applications may be required, by spraying the coating as a ultra-fine mist on that substrate and evaporating the carrier before it penetrates the substrate.

There is a level of semantics involved in calling that Dry Spraying.

If the surface micro-crystals are the be all and end all of the product then that TekCapital bloke just had the best idea in his life without realising it.

Oh. BTW. I very much doubt that anyone in the company has a clue about DE unless they go and read about it or someone else has told them.

[pugugly] 05/8/2024 12:31

How about saying it is only expensive but clever salt and during a down turn who wants the extra cost of clever salt?

[davethechef] 05/8/2024 12:28

Any worries/thoughts on another possible placing for time being spent gaining the big food production inclusions or mass supermarket roll-outs? Looking like taking linger than expected.
Lately concerns on the USA going into possible recession is contributing to the falls here I expect

[kiplig] 31/7/2024 17:22

I agree. The B2B will never be the game changer in this company, and to be honest I see them as a distraction, but what is not missed on me is the VALIDATION. Any suggestion that this product is not good ends here. Validation such as this makes it easier for others to follow. I remain a huge believer in this story at such a tiny valuation. Sure, patience is required, but let's give them time to do what they do. If they really are dealing with Fortune 500 companies, decisions can take time. I'm fine with that. And see this as a bargain entry.

[weaverbeever] 31/7/2024 06:18

We bought a salt shaker off amazon. Its pretty rubbish. Tiny salt massive holes in top of shaker so loads comes out. Not sure how much to use. Anyway where is news of Big food adoption as that's what we want. Not tiny sales volume saltshakers

[bill216] 30/7/2024 07:06

This is not the RNS you are looking for