Microsalt Share Discussion Threads

[pugugly] 18/10/2024 19:23

belluci - I suspect you may have made a large mistake - Maybe you should have used Sack instead of pinch -

[belluci] 18/10/2024 19:06

This will drop again. It got piped up by the CEO of tekcapital, his comments should be taken with a pinch of salt.

[cheshire] 18/10/2024 07:20

Looks like the cat's out of the bag.....

[mr.oz] 18/10/2024 06:50

Microsalt showing more integrity than Gross. Pleased with the bluntness. But that's all.

[pugugly] 18/10/2024 06:34

Crash today once market opens?

[senttothegallows] 18/10/2024 06:31

Strong pipeline with significant volume customer prospects at advanced stages with a range of national and multi-national companies with scope for MicroSalt to be nominated as a supplier on larger product lines once established with these key customers.

[multibagger] 18/10/2024 06:23

Looks like what I thought it would be....

Excerpt from RNS:

"....The Company also notes comments made in a recent UK Investor Magazine podcast, during which the interviewee indicated a hope for "blockbuster B2B and retail distribution agreements in the coming months."

MicroSalt wishes to emphasise these remarks were purely the opinion of the interviewee. The Company re-confirms the statements it provided in its interim results announcement and will make further updates as appropriate in due course...."

Looks like someone engineered an exit.....and the company has been forced to respond.

[davethechef] 17/10/2024 16:10

hxxps://ukinvestormagazine.co.uk/generative-ai-london-ipos-and-blockbuster-microsalt-newsflow-with-tekcapitals-clifford-gross/

[mr.oz] 17/10/2024 15:58

Podcast yesterday likely source of interest imv

[pugugly] 17/10/2024 15:38

Possibly a tip-sheet - If so what chance of the smell of sizzling muppets in a few months?

[backmarker] 17/10/2024 14:19

Wow, that's a bit of a whoosh! Clearly someone doesn't think this is headed for the intensive care ward.

[backmarker] 17/10/2024 08:19

I have been trying to get my head around the 58mT order from Customer B.It seemed the order might have originated in 2023, but I might have that wrong. It now seems to have become repeat orders, but it is unclear if that means that the total orders from Customer B is now a multiple of 58mT. In any event none of it appears to have been delivered yet.More importantly I can find no statement of how much this order is actually worth, or how profitable it might be.Hmmmm......

[section2art] 16/10/2024 16:19

Looks like the "glide path to 1p" has come to an end.

[ellipses] 07/10/2024 20:02

"It's life Jim but not as we know it."
"You mean?"
"Yes Jim. It's dead. Nothing to see here."
"Engage Impulse drive. Take us out of orbit."

Well. This one looks like it is becoming an AIM listed company on a glide path to sub 1p.

One thing I now don't get is the Patent(s) are approaching EOL so babbling about getting them granted elsewhere is blibble. That's just a matter of process.

However if the elsewhere was interested they would have been selling product into it with or without the patents although the possibility would have dissuaded others from entering the market.

That does not seem to have happened in terms of mopping up so I would guess no-one is bothered or has other ideas.

My other begged question would be that since these one shot wonders are supposedly the masters of the art of adding flavour to Maltodextrin why did they not diversify the product range?

We could have had Saffron Flavoured snacks at half the price.

Ah well. I guess you lot, if you have invested, can look forward to seeing the value of your investment glide down to zero over the next six months.

[jaknife] 04/10/2024 13:08

btgman4,

"There is plenty of positive for Microsalt as posted earlier. In addition to today's patents for various countries across the world these are a huge positive
Taken from recent accounts RNS and trading update."

Wonderful!

But what about the numbers?

Looking at the interims:



1. Revenues fell by 14.4%! ie this isn't a *growth* company!

2. Revenues are trivial at a mere £220k for six months

3. Admin expenses are astronomical in comparison giving a significantly increased post-tax loss of £2.5m

It should be glaringly obvious that these numbers are awful and it should also be obvious that H2 is also going to have another huge loss which will necessitate yet more shares to be issued.

If you don't understand what dilution means then prepare to receive a very rude introduction to the concept!

JakNife

[papillon] 04/10/2024 11:51

I don't post on "many" shares, DaveTheChef.
You were very gullible when it came to EISB and you are being the same with SALT.
You must have lost a sizeable sum of money on EISB. How much are you losing on SALT? Stop chasing rainbows!

[btgman] 04/10/2024 10:19

There is plenty of positive for Microsalt as posted earlier. In addition to today's patents for various countries across the world these are a huge positive
Taken from recent accounts RNS and trading update.

1)orders were received from Customer B, the Mexican business of one of the largest beverage/snack food companies in the world (Customer C), with 58 mT of MicroSalt ordered and being delivered in Q3 and Q4 of 2024. OK so this was ordered in first half but delivered in the second half so not in Half 1 turnover

2)MicroSalt has advanced its negotiations with major food manufacturers, with volume commitments of approximately 92mT received in Q3, and further progress expected in Q4 from companies in Mexico, the UK and the US

3)B2C placement of shakers and SaltMe! low sodium crisps across approximately 600 new US stores in Q3, with retailers including Winn Dixie, Fresh Thyme, Sedano, Northwest Grocer, Cub Foods and Central Market stores. Approximately 1,200 US stores now retail MicroSalt products

4)Strong pipeline with significant volume customer prospects at advanced stages with a range of national and multi-national companies with scope for MicroSalt to be nominated as a supplier on larger product lines once established with these key customers.

5)Our B2C sales efforts for both SaltMe and MicroSalt shakers continue to gain new distribution with placements in 1,200 stores, as well as engagement within active e-commerce platforms such as Thrive, that specialise in "better for you" products.

6) The new distribution is for both the 2oz and 6oz saltshakers which are expected to be available in stores by October 2024. United Natural Foods will be the distribution partner to support the Loblaws placement. Loblaws operates over 2,400 stores across Canada

7) Positive conversations are also ongoing in the UK, Canada, South Africa, and the US, as the bulk business takes hold in Q4.

8) The Company is negotiating a purchasing agreement and joint development agreement with what we term Customer C, one of the world's largest food manufacturers that is expected to be executed in late 2024. Discussions are also underway for two major private label opportunities that should be announced by 31 December 2024.

AIMHO
GLA
BTG

[jaknife] 04/10/2024 08:06

DaveTheChef,

"Paps, you're not a nice person. Spreading negativity wherever you go, on many a share.
Rarely any positive to say"

There's not much positive to say about SALT, it's an obvious dog! Pointing that out doesn't make someone "not a nice person", it makes them an honest person.

On the other hand, pretending that SALT is somehow a miraculous company that will make everyone rich is dishonest, and encouraging others to lose their money by buying its shares definitely makes you "not a nice person".

What does that make TEK though?

JakNife

[davethechef] 04/10/2024 07:39

Paps, you're not a nice person. Spreading negativity wherever you go, on many a share.
Rarely any positive to say

[trustedinvestor] 04/10/2024 06:50

You cannot speculate - stick to the facts. Read the rns this morning.

[papillon] 03/10/2024 23:57

DaveTheChef 18 Sep '24 - 15:15 - 240 of 251
0 2 1
Bought a few more yesterday & this morning but showing at sells both days. Selling & fall overdone I say, & set a decent recovery,onwards.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

DaveTheChef also kept averaging down on EISB. What happened? They went bust! The same will probably happen with SALT.

[btgman] 03/10/2024 22:19

Taken from recent accounts RNS and trading update.

1)orders were received from Customer B, the Mexican business of one of the largest beverage/snack food companies in the world (Customer C), with 58 mT of MicroSalt ordered and being delivered in Q3 and Q4 of 2024. OK so this was ordered in first half but delivered in the second half so not in Half 1 turnover

2)MicroSalt has advanced its negotiations with major food manufacturers, with volume commitments of approximately 92mT received in Q3, and further progress expected in Q4 from companies in Mexico, the UK and the US

3)B2C placement of shakers and SaltMe! low sodium crisps across approximately 600 new US stores in Q3, with retailers including Winn Dixie, Fresh Thyme, Sedano, Northwest Grocer, Cub Foods and Central Market stores. Approximately 1,200 US stores now retail MicroSalt products

4)Strong pipeline with significant volume customer prospects at advanced stages with a range of national and multi-national companies with scope for MicroSalt to be nominated as a supplier on larger product lines once established with these key customers.

5)Our B2C sales efforts for both SaltMe and MicroSalt shakers continue to gain new distribution with placements in 1,200 stores, as well as engagement within active e-commerce platforms such as Thrive, that specialise in "better for you" products.

6) The new distribution is for both the 2oz and 6oz saltshakers which are expected to be available in stores by October 2024. United Natural Foods will be the distribution partner to support the Loblaws placement. Loblaws operates over 2,400 stores across Canada

7) Positive conversations are also ongoing in the UK, Canada, South Africa, and the US, as the bulk business takes hold in Q4.

8) The Company is negotiating a purchasing agreement and joint development agreement with what we term Customer C, one of the world's largest food manufacturers that is expected to be executed in late 2024. Discussions are also underway for two major private label opportunities that should be announced by 31 December 2024.

AIMHO
GLA
BTG

[digitalis1] 03/10/2024 17:17

JakNife an honest question if I may, are there any stocks you are bullish on?