Microsalt Share Discussion Threads

[eggy toast] 01/11/2024 09:06

Absolutely flying this. 93 paid

[wrecktangle] 01/11/2024 09:06

If you all read the material earlier this year and prior to IPO (50p), the company believed they had a disruptive product in MicroSalt. I recall them saying it could be a billion dollar business. I think its clear from the most recent order that this company is about take shape. Im amazed that this didn't go past its year high on the day the RNS was dropped but oh well. Looks like 100p will be gone today/early next week and then its time to see the new marker.

Any ideas who the company is who bought the MS product in such huge volume?

[backmarker] 01/11/2024 08:55

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.

[wrecktangle] 01/11/2024 08:42

Think it was Babbler that said this last week that when the big news lands about the order, this will go well beyond its year high of 142p. I think he was right.

I am curious who this global retailer is. I think it is someone massive.

Anyways love this stock. Shares in sticky hands and not much to go around. Small buys will keep sending this up. Should be closer to 200p so a gift for anyone buying under 100p. DYOR

[cheshire] 31/10/2024 22:05

Simon Thompson concludes if you mark Tekcapital's holdings to market value, I estimate spot net asset value (NAV) is around $65.2mn (25.3p), or almost three times the company's current share price. The 32 per cent rally in Tekcapital's share price since I highlighted the valuation anomaly ('IPOs set to drive a rerating of an unloved investment company', 25 September 2024) has much further to run to narrow the 63 per cent share price discount to NAV. Buy

[btgman] 31/10/2024 17:22

JAK

Stop Embarrassing your self

You really are struggling TEK are locked in

AIMHO
GLA
BTG

[buywell3] 31/10/2024 17:09

Google

AI 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

Google

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

[jaknife] 31/10/2024 17:04

ntwldrn,

"Can were virtually slap Jak out of here?"


What a weirdo you are!

In private you send me DMs inviting me to comment and, in the last hour alone, asking me to help with your questions. And yet in public you're obnoxiously rude!

Feel free to stuff your questions where the sun don't shine.

JakNife

[jaknife] 31/10/2024 17:00

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

[ntwldrn] 31/10/2024 16:45

Can were virtually slap Jak out of here?

[eggy toast] 31/10/2024 16:43

These boards always get ruined by complete numpties. Pathetic aren't they.

[btgman] 31/10/2024 16:39

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

[jaknife] 31/10/2024 16:23

btgman,

=========================
"Jak you really are embarrassing yourself..


From the interims 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.

Note ordered and delivered in Q3 the turnover in the first half does not include these bulk orders it is primarily from sale of salt shakers and chips.

Please note the difference between ordered and delivered this is FUNDAMENTAL

Turnover is growing absolutely no doubt about it

AIMHO
GLA
BTG"
=========================


FFS, here are the interims:




Revenue for the six months to 30 June 2023: $257k

Revenue for the six months to 30 June 2024: $220k

So revenue fell by 14.4%!


Similarly, here are the annual results:




Revenue for the year to 31 Dec 2022: $638k

Revenue for the year to 31 Dec 2023: $574k

Down by 10%


This is how we calculate revenue growth (shrinkage as it is in this instance), we take the revenue in one period and we divide it by the revenue in the prior period to calculate a number that equates to the percentage change.

Is this the first time that you’ve bought shares by any chance?

JakNife

[btgman] 31/10/2024 14:30

Jak you really are embarrassing yourself..


From the interims 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.

Note ordered and delivered in Q3 the turnover in the first half does not include these bulk orders it is primarily from sale of salt shakers and chips.

Please note the difference between ordered and delivered this is FUNDAMENTAL

Turnover is growing absolutely no doubt about it

AIMHO
GLA
BTG

[jaknife] 31/10/2024 14:17

btgman,

"It is quite clear that the numbers are growing now no one is interested in what happened last year it is irrelevant. Project the numbers from the above posts it is very simple to work out"

If it's so clear then show us.

But make sure that you understand the difference between "growth" and "forecast growth" before you waste your time!

Because I can prove to you that SALT's revenues ARE shrinking. All that you can do is produce an estimate that makes you think that SALT's revenue are forecast to grow!

JakNife

[btgman] 31/10/2024 14:12

It is quite clear that the numbers are growing now no one is interested in what happened last year it is irrelevant. Project the numbers from the above posts it is very simple to work out

AIMHO
GLA
BTG

[jaknife] 31/10/2024 14:03

retirementfund,

”Warning Warning Warning

JAK is a confirmed shorter his agenda is very clear you have to take this in to account when reading his posts

In my opinion”

It’s not possible for someone to be a “confirmed shorter” only for you then to suggest “In my opinion”.

Regardless, it’s impossible to short SALT, which means that your opinion is worth nothing! If I could short it I would because it’s so obviously a skanky pile of poo. The reality is that the big sellers here will be TEK Capital who need to monetise their shares ASAP as they are running out of cash.


btgman,

”Ofcourse its a growth company just from recent announcements it is 100% clear Microsalt is growing v half 1 and last last year with world leading food companies using Microsalt

AIMHO
GLA
BTG”

I’ve shown you the actual numbers that show that it shrank last year. Do you not understand the meaning of “growth”? You can’t have a “growth” company that shrinks for 18 months, then grows for 12 months then shrinks again, etc, etc.

A “growth” company needs to be regularly clocking up large revenue increases EVERY year!

And no! You don’t know from the “recent announcements” that SALT is growing because (a) the announcements don’t give revenue numbers, they just give volumes in metric tonnes, AND (b) the recent announcement include a significant number of mTs that relate purely to “discussions”!



ntwldrn

”JAK - juat get out of here bro. take your negative vibes elsewhere”

I do have better things to do with my time, including preparing my presentation for this event tomorrow:



(just in case anyone wants to come along and say hello in the bar afterwards)

But let me just point out that you were the one that sent me the DMs goading me to come here and post!!!!

It’s your fault that I’m here posting to begin with!!!!!!!


Bill216

Jak
”Why do you spend so much time on this?
Oh. I think I know. ”

Stop being so lazy, flip back through the posts and you will find where I have previously answered this.


JakNife

[bill216] 31/10/2024 13:36

JakWhy do you spend so much time on this? Oh. I think I know.

[ntwldrn] 31/10/2024 13:31

JAK - juat get out of here bro. take your negative vibes elsewhere

[btgman] 31/10/2024 13:16

Ofcourse its a growth company just from recent announcements it is 100% clear Microsalt is growing v half 1 and last last year with world leading food companies using Microsalt

AIMHO
GLA
BTG

[retirementfund] 31/10/2024 13:12

Warning Warning Warning

JAK is a confirmed shorter his agenda is very clear you have to take this in to account when reading his posts

In my opinion

[jaknife] 31/10/2024 13:09

kiplig,

"You don’t value growth companies on traditional earnings multiples. You know that - yet you continue to try to spook the readers who aren’t as sophisticated as you."

Are you a politician? It's just that you've rolled out a BS line without actually checking to see if the BS applies!!!!

SALT is *NOT* a growth company!

From the interims



revenues for the six months to 30 June 2024 were 14.4% lower than for the six months to 30 June 2023!

Revenue for 2023 was $574k and yet it was $638k for 2022! That's a 10% decline!


I suggest that you go away and do some numbers. SALT's revenues need to increase by something like 2,000%+ in order for them to just break even. The chances of them doing that this year or next, after having spent the last eight years (since 2016) trying to sell this product, are basically zero.

However, I accept that there is no point in my trying to explain this to you. Despite the fact that all of the above is incredibly simple and plainly obvious, people like you need to see the actual results before they will accept it. Once again, let us wait for the next set of results when you will be able to actually see:

* 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

The only problem is, if you simply sit and wait for the results, then by the time that they are published the share price will already have dropped!

I would have hoped that you would have learnt your lesson when I predicted the awful interim results back in May. You argued with me then and were wrong. You will be wrong again when the finals come out!

JakNife

[ntwldrn] 31/10/2024 13:05

Jak is hating because he sold everything at a huge loss.