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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Microsalt Plc | LSE:SALT | London | Ordinary Share | GB00BQB6FF85 | ORD GBP0.001625 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 45.50 | 8,730 | 08:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 43.00 | 48.00 | 45.50 | 45.50 | 45.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 15:19:28 | O | 263 | 43.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 18/10/2024 | 19:44 | ALNC |  TRADING UPDATES: LMS Capital NAV falls; Cloudcoco sells unit |
| 18/10/2024 | 07:00 | UK RNS | MicroSalt PLC Response to Share Price Movement |
| 04/10/2024 | 15:46 | ALNC | MicroSalt receives patent approval in China, Mexico and Australia |
| 04/10/2024 | 07:00 | UK RNS | MicroSalt PLC Significant Expansion of Global Patent Portfolio |
| 27/9/2024 | 19:53 | ALNC | EARNINGS: Mulberry profit slumps, announces GBP10 million fundraise |
| 27/9/2024 | 07:00 | UK RNS | MicroSalt PLC Maiden Interim Results |
| 16/9/2024 | 07:00 | UK RNS | MicroSalt PLC Multiple Placements of Products and B2B Progress |
| 02/8/2024 | 15:02 | UK RNS | MicroSalt PLC Notification of Major Holdings |
| 31/7/2024 | 07:00 | UK RNS | MicroSalt PLC Placement of Saltshakers in Supermarket Retailer |
| 30/7/2024 | 07:00 | UK RNS | MicroSalt PLC Exercise of Warrants and Total Voting Rights |
Microsalt (SALT) Share Charts1 Year Microsalt Chart |
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1 Month Microsalt Chart |
Intraday Microsalt Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 18/10/2024 | 20:23 | Microsalt : SALT Links and Discussion. | 274 |
| 20/9/2024 | 11:33 | MicroSalt Plc: natural salt with 50% less sodium | 130 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 14:19:29 | 43.00 | 263 | 113.09 | O |
| 13:01:26 | 48.00 | 4 | 1.92 | O |
| 12:54:36 | 48.00 | 208 | 99.84 | O |
| 12:19:02 | 43.90 | 4,184 | 1,836.78 | O |
| 07:20:15 | 43.00 | 18 | 7.74 | O |
| Top Posts |
|---|
Posted at 03/10/2024 13:32 by jaknife btgman”If Microsalt ends up being used by "one of the worlds largest food manufactures" in it's products I have absolutely no doubt that Microsalt will make a huge amount of money. Microsalt have said they expect to announce that by year end. Lets see where we are when we these come through” And that right there is the reason why everyone should sell! The Microsalt business has been going for nine years now and has gone nowhere. It is hopelessly sub-scale and shouldn’t be listed! The only reason that some of you are long is because TEK/SALT have put ridiculously optimistic expectations out there. This is the TEK scam! They encourage you to buy the shares of their useless companies based on wildly optimistic projections and bonkers mad assumptions. But they never deliver and always disappoint. Get out now whilst you still can! JakNife |
Posted at 03/10/2024 11:13 by dr biotech Its not million tonnes unfortunately, its metric tonnes. Price for 1 metric tonne of table salt is about £500. Lets say microsalt is £1000/Ton... it doesn't add up to a lot.I just don't see this lot making it. Problem is that salt is a commodity - so you have to sell extremely large volumes to make money, or you sell less of the expensive stuff - but the price you can charge it somewhat limited by how cheap the commodity is. Given there are lots of lower sodium salts around its going to be a very hard sell. |
Posted at 27/9/2024 12:27 by jaknife Kiplig,It is time to discuss SALT again, as noted back in May: Let’s go through today’s interims ( with those comments in mind: P&L I had forecast: ”* insignificant growth * immaterial revenue * significant admin costs making the post-tax loss material” It is worse: * revenues have declined by 14.4% * revenues are still immaterial (£220k), at a level where this might be a “hobby business” for a retiree, but this is obviously not a company that should be listed. * admin expenses are astronomical in comparison giving a significantly increased post-tax loss of £2.5m Balance Sheet I had forecast: ”* 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” * There were 43.2m shares in issue back in May when we last discussed SALT, that number is now 48.2m, following the exercise of various warrants, shareholder have been diluted by 11.6% * They had cash as at 30 June 2024 of £2.4m and, given that the cash burn in H1 was c. £3.2m I would be concerned that they will need to raise further funds before Christmas * net assets are just £0.9m Cash Flow * c. £3.2m was burnt in H1, it really doesn’t look pretty I had also forecast: ”* 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)” The share price is 50p and the convertible hasn’t started yet! These numbers are stunningly bad, and it should be plainly obvious that the full-year numbers are going to look awful as well. In addition significant shares need to be issued to raise capital for the business. I would encourage you to go back and look at your posts from May and think about your expectations for this business versus what I forecast. Somewhere you have had your expectations set at an unrealistic level and if you re-read my comments you will see that I lay that blame fairly and squarely with TEK Capital. TEK Capital has a track record of floating off parts of its portfolio at ridiculously high valuations and with ridiculously high expectations. Then they fail to deliver and shareholders lose bucket loads. I would suggest that you sell whatever SALT shares that you have left now, take the hit on the chin and chalk it up as a lesson learnt. JakNife |
Posted at 11/9/2024 17:10 by jaknife 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 |
Posted at 11/8/2024 21:45 by ellipses 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. |
Posted at 30/5/2024 08:25 by buywell3 MicroSalt results for year ending 31st December 2023 are out todayThe numbers have been known for months Hence much of the wording in these results could have been written months ago --- however The following statements have been imo written recently :- Rick Guiney, CEO of MicroSalt commented: "This has been a transformational year for MicroSalt and with continued evidence of the timeliness and essential nature of its products as it emerged as a recognised and preferred choice for product reformulation globally. Our geographic outreach is expanding all the time, now with inroads into Asia, Australia, South Africa, the UK, Germany, Canada and Latin America with a resultant boost to our sales pipeline. Furthermore, our consumer products including SaltMe crisps and MicroSalt shakers have successfully provided a low-sodium alternative for households worldwide, cementing our brand as an essential, generation-spanning choice. I am delighted that we can look ahead with the utmost confidence and in eager anticipation of further successes awaiting us". Outlook We are excited about 2024 as the year where we see MicroSalt receiving recurring commercial volume purchase orders for its bulk product. The Group currently has various significant volume customer prospects at advanced stages with a range of national and multi-national companies. The nature and size of these existing and potential customers businesses is that once MicroSalt has been nominated as a supplier on one product line, we expect further nominations across multiple other, and likely much larger product lines of that customer. We also anticipate more investment into growth of our MicroSalt® shakers and its establishment as the generational salt used at home. Judith Batchelar Chair |
Posted at 15/5/2024 08:21 by oliversanvil MicroSalt plc("MicroSalt" or the "Company") Patent Issuance for Novel Low Sodium Salt MicroSalt plc, (AIM: SALT) a company producing full-flavour, low-sodium salt for food manufacturers and consumers, is pleased to announce that the United States Patent and Trademark Office has granted and will issue its patent number 11,992,034 entitled Low Sodium Salt Composition on 28 May 2024 (the "Patent"). This relates to Microsalt's patent application No. 18/175,028, previously announced by the Company on 6 March 2024. The Patent concerns the production of MicroSalt having claims directed to a low-sodium salt that adheres better to foods than a traditional salt that is not adhered to a carrier particle, and that is produced according to MicroSalt's claimed improved production process. MicroSalt also has counterpart patent applications as described in the Company's admission document dated 27 January 2024, with claims directed to similar subject matter as the Patent, pending in countries including China, Chile, Australia, Brazil, Europe, Canada, Japan, Russia, Mexico, India and Hong Kong. MicroSalt also owns a previously issued United States patent directed to its salt carrier product and production processes, and a United States provisional patent application directed to additional innovations. |
Posted at 09/5/2024 08:07 by masurenguy Blue sky potential: MicroSalt (SALT:AIM) 70.5pOne 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. |
Posted at 21/2/2024 06:04 by purchaseatthetop No truant. It’s not low sodium salt. Its is micro sized salt particles so you get more surface area of salt for the same amount of salt. It means it has a saltier taste with less salt because it dissolves on the tongue quicker than larger particles.However, there are some problems…. 1) the food industry mostly does not use salt to make food taste nice. It is there to preserve the food. Size of particle is not important there. 2) the USP of Microsalt is that it is 100th of the size of normal salt size. But micro sized salt already exists. This Microsalt is smaller than microfine salts but only by a much smaller amount. 3) they have been trying to sell this tech since 2016 but nobody wanted it. The food mega companies have had a decade to jump in. 4) the patent runs out in 6 years so that’s game over. So basically this looks like a final attempt to get some cash out of it. |
Posted at 08/2/2024 20:05 by mr.oz Strategy Highlights:· MicroSalt is sufficiently capitalised and well-positioned to pursue immediate opportunities in its business to business ("B2B") and business to consumer ("B2C") channels. · The Board believe nearer term profitable growth will primarily be driven by its B2B business. In 2024, the Company will continue to prioritise conversion of current B2B customer trials into commercial volume orders, expanding current product line sales across to other product lines and to establish new potential B2B partners to reformulate their product ingredients using MicroSalt technology to reduce sodium content. · Having secured commercial orders from Customer B, the Mexican business of one of the world's largest food, soft drink and snack manufacturers, and Customer A, a national Fortune-500 pharmacy / food retailer, for use in their crisp and salted nuts lines, the Board see a clear path to sales growth in its higher volume B2B business. The Company expects to announce new orders and new customers, primarily based in the US, in the coming period. · MicroSalt is in early-stage discussions with three of the largest UK supermarkets to use MicroSalt technology in their own-label products, as well as suppliers of ready-meals and a fast food burger company. · MicroSalt plans to attend at least 12 food shows globally, including international events in Frankfurt, Paris, Shanghai, Dubai, and Stockholm. · In addition to over 1,000 US and Filipino outlets stocking MicroSalt salt shakers, the Company will maintain its global expansion, aiming to make B2C products available in more top-tier retail stores, and in new territories. · To manage expected growing order volumes, the Company will continuously monitor and expand as appropriate its global distribution and logistics network of third party manufacturing facilities, storage hubs, and transportation routes. In the longer term, the Board may determine it appropriate to build and manufacture some of its required volumes inhouse. · The Company is encouraged by global regulatory agendas supporting reduced sodium consumption and will seek to engage constructively with authorities and policymakers. · Through MicroSalt's marketing and sales strategy, the Company will continue to educate consumers on the health benefits of lowering sodium consumption, and communicate to the food manufacturing industry the commercial benefits of reformulating products with MicroSalt's low sodium technology. Reformulation MicroSalt is working with existing and potential customers to reformulate products in order to reduce sodium content using MicroSalt's patented technology. The Company is encouraged by results to date, which include successful testing results for Customers A, B and C (as described in the Company's admission document). MicroSalt has a sales pipeline of potential customers engaged in testing and expects to announce additional updates throughout 2024. MicroSalt has proved its technology can be implemented in the reformulation of ingredients of crisps, bread, ready meals, and coatings for salted nuts. The Company believes many more products have the potential to include MicroSalt technology. The Company believes a substantial commercial opportunity exists through the changing attitudes of major food companies to reduce sodium, and that it is well positioned to take advantage of the nascent market for a healthier alternative that tastes like traditional salt |
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