Microsalt Share Discussion Threads

[mr.oz] 05/2/2024 17:33

Very clearly targeting and being successful in, the general salt market as opposed to specifically the low-salt market

And it's easy for the manufacturers to change.

[pdt] 05/2/2024 17:12

Very good InvestorMeet presentation today.

Some new information that I had not heard before. They hope to be supplying one of the world's largest bakery companies. Possibly news in the Summer. 500kg of Microsalt per hour per line. And hope to do a deal to supply one of the largest meat and poultry suppliers in the US. They supply US schools which are keen to reduce sodium.

Looks like there will be good newsflow on B2B customers over the next 12 months.

Seems they are in the right place at the right time with their product.

Microsalt does cost more that regular salt adding 1p or 2p to the cost of a bag of crisps but the health benefits seem to be outweighing the cost increase. I assume costs/margins will improve further once they get to the size of manufacturing themselves rather than using 3rd parties.

Good to hear that is was low capital intensive so most of the fundraise can go to servicing working capital needs of expected large future orders.

They hope to take a significant proportion of the $5 billion low sodium salt market. And also replace some of the regular salt market which is a multiple times bigger.

They felt patent protection of 6 years should be sufficient to establish first mover advantage into major manufactuers.

All seemed very positive. Looking for negatives I guess they are going to need to raise more funds at some point if do grow very rapidly. However, a nice problem to have.

[mr.oz] 05/2/2024 16:56

The Board is a different class

[oilinvestoral] 05/2/2024 16:34

It was £18m market cap at listing. It's now closer to £30 market cap! Surprised TEK hasn't been pulled with it !

[888icb] 05/2/2024 16:19

SALT going like a rocket into the close now Up 24.t5% and 70p currently being paid

[kiplig] 05/2/2024 08:47

This looks phenomenal to me. £18m market cap including £3m cash, and what looks to be an extremely tight share register, with a fantastic product that is not pre-revenue like most. It's actually generating revenue from some of the top brands in the world - so the validation box is ticked. All we need now is some news flow and contracts and PR so that the investment community knows about the company. I stumbled upon it quite by accident, but it looks to me like a completely asymmetric bet - one of the best risk/rewards I've seen in the market.

[davethechef] 05/2/2024 08:07

Took a few on opening. Looks very interesting, unique & should have an exciting future, re what I've read so far.
GLA

[mr.oz] 04/2/2024 22:01

But potassium tastes bad

Nobody in this industry wants their product to taste bad, hence there's been no interest ...until now.

[yf23_1] 04/2/2024 21:05

There's always potassium chloride if you're wanting less sodium in your salt, which means there's some sort of price tradeoff between that and microsalt.

[888icb] 02/2/2024 01:18

Mentioned in The Times Market Report:
MicroSalt made a fast start to life as a listed company as shares in the low-sodium salt manufacturer, which had been priced at 43p ahead of its float on Aim, jumped about 17 per cent to close at 50½p.

[ppmm] 01/2/2024 16:15

That was what I had a taste for, instead of which I have missed the current 16% gain so far today but will benefit from copper exploration minors in Zambia and Kazakhstan. :)

[wsm812] 01/2/2024 14:50

Would you have preferred a salty taste ppmm! haha

[ppmm] 01/2/2024 12:39

I tried to participate in the 2023 IPO in October. Primary Bid informed me that the IPO date was delayed andI had the option of leaving my funds with them for inclusion when the IPO went ahead or requesting their return and not being included when it whent ahead. I left my money with them only to be told they were returning my money in Jan sometime I think. So I was not given a chance to participate in the IPO, it all leaves a sour taste I must admit.

[mr.oz] 01/2/2024 12:22

49.8p to buy HL

[mr.oz] 01/2/2024 12:05

Cheshire, I got some using HL earlier

[cheshire] 01/2/2024 09:16

Not available to trade yet with HL

[segaris] 01/2/2024 08:56

https://ukinvestormagazine.co.uk/the-first-ftse-aim-ipo-of-2024-with-microsalts-rick-guiney/

[maytrees] 01/2/2024 08:48

Good morning
SALT (I don't hold yet) is up, yet TEK which I have just bought back into is down; illogical to me anyway.

[strollingmolby] 01/2/2024 07:52

Wow, it’s actually happened! GLA

[babbler] 01/2/2024 07:09

Time for trading...

[mr.oz] 31/1/2024 16:48

Anyone here?

[yf23_1] 19/10/2023 13:37

Well, this is pathetic, no indication of what epic code microsalt will have, no rns for TEK re the IPO delay and no reason given for the delay.

No wonder TEK is looking a basket case.

[wsm812] 19/10/2023 11:39

Too many assaults in the world to be adding some more salt!