Sagentia Grp Share Discussion Threads

[adejuk] 31/8/2007 14:47

this is a ridiculous price
i topped up today and will continue to do so funds willing

[jonwig] 11/8/2007 10:43

Hi Badday, and thanks (to ElGordo, too!) - yes, it's been quiet on the Sphere front for months.

Atraverda are establishing some good partnerships and could also be a winner.

Meanwhile, SGA gets lots of mentions of high profile collaborations (M-PESA this month, for example) but where's the profit???

[badday] 11/8/2007 10:12

Jonwig, just thought i'd say keep up the good work. Very difficult to assess how this is doing. Sphere obviously holds key to it's success short-term. I guess an IPO (unlikely in these markets?) would see an instant 100% mark-up.

[jonwig] 08/8/2007 16:12

More from Atraverda:

Exide Industries Limited, the largest manufacturer of Lead acid storage batteries in South Asia announced today that it has entered into an agreement to jointly develop bi-polar technology with Atraverda Limited, UK, ...



SGA interims were 5 September last year.

[jonwig] 01/8/2007 19:27

M-PESA is bigger than I thought, and Vodafone is the partner:



Surely they've earned a decent fee for developing this ... and profit share?

[jonwig] 31/7/2007 12:44

Atraverda's proprietary Ebonex technology has won awards from both Frost & Sullivan, a global growth consulting company, and Red Herring, a global technology company, ...

[elgordo] 25/7/2007 10:06

More newsflow from the consulting side ("The culmination of a two year multi million pound programme") -



M-PESA would appear to be generating quite a lot of interest,for example this from The Economist -



Also noted this comment in the Sagentia press release -

"In recognition of the increasing importance of combining innovative services with breakthrough products, Sagentia has drawn together key capabilities within a new business unit, Managed Services, led by Dr Tim Murdoch."

[jonwig] 20/7/2007 14:01

Sphere Medical:

[elgordo] 18/7/2007 19:30

Yes, Sphere has been "on the horizon" for a while now. I'm also disappointed that there's been no news on Intrasonics, where I'd been under the impression that some progress was expected in the first half of this year.

Grasping straws wherever they be found, I notice that since my post 104 about Atraverda's new website, they have now populated the page on cathodic concrete, including a link to a company (Fosroc) which lists Ebonex under corrosion control on their global products list. (In fact, further research shows that Fosroc has exclusive rights for this application, and have done for some years.) If you want learn all about Ebonex's use as a "discrete impressed current cathodic protection anode" (and frankly, who wouldn't?), see

Nothing on the site about water treatment yet (which isn't a great surprise, as the Atranova website has been inactive for as long as I can remember; for example, it has no news page, and still refers to Generics as their lead investor).

[jonwig] 18/7/2007 17:25

Thanks ElGordo - I hadn't thought of looking for a recent newsletter.

No mention of Sphere there, though; I thought we were told September.

[elgordo] 17/7/2007 21:55

Good spot, Picnic. FWIW, going in the other direction, SGAI's marketing director, Sean Gallagher, has left (how long ago, who's to say) - see

I also need to correct what I said in 106 - SGAI did get mentioned in the prelims - "Overseas expansion has been driven through the offices in Baltimore, Frankfurt and Hong Kong offices with significant increases in both the selling and operating capacity made during the year."

[picnic] 17/7/2007 15:20

A google search for sgai tech threw up a couple of job adverts dated 6/7/07
"looking to recruit high calibre electronic software engineers and mechanical
engineer in Hong Kong.."
It must be seen as a positive that they are in recruitment mode at least.
I think the website was recruitmentonline.com.

[elgordo] 17/7/2007 14:55

For those who may not have noticed already (it's dated 4th July), the Summer 07 edition of The Gen is now available -



SGAI remains an enigma to me. The article on page 2 waxes lyrical - "It is no surprise therefore, that the service provided by Sagentia's joint venture, SGAI, is proving so attractive to US companies", but as noted before, it didn't even get a mention in the March Prelims {EDIT: Oops, not true - see 108 below}, and the latest news on its website (www.sgaitech.com) remains the renaming of Generics in October last year. Either SGAI is in stealth mode or it's all flannel.

By the way, tempting fate here, but maybe the share price has finally found its floor since the director purchases at the start of last month? {EDIT 18/07 - Doh!}

[jonwig] 12/7/2007 12:32

How much revenue in this, I wonder ...

Today BT launches a new online Inclusive Design Toolkit, at this year's annual New Designers event at the Business Design Cente, in Islington. The event is aiming to encourage the industry-wide design community to develop products and services which are accessible by everyone, irrespective of age, ability or circumstance.

The website was commissioned by BT and developed by Sagentia, a lead member of the CITD (Centre for Inclusive Technology and Design), in conjunction with iDesign. It took three years to complete and provides a comprehensive guide to the principles and commercial benefits of inclusive design.

More:

[elgordo] 01/7/2007 20:57

Atraverda has spent some of its latest funding on a revamped website.

Can't see anything particularly earth-shattering; in "Our Markets", they say that "Under NDA, Atraverda is currently engaged with several global lead acid battery producers in development programmes."

I assume from the placeholders that they expect to have something to say about water treatment and cathodic concrete (a repair technique for concrete structures, apparently) in due course.

[jonwig] 28/6/2007 14:28

Not new (March 2007), but relevant:

Atraverda increases Series A financing round to $12 Million

[jonwig] 15/6/2007 08:58

LoL - how would I perform at rocket science....

Yes, my original calculation was correct. You get £2.8m if Atraverda increases its number of shares by 50%; in fact, it's increasing them by 100%.

More to the point, the small uplift is probably not unusual at this, early-stage financing round.

[elgordo] 14/6/2007 16:54

Err no Jon, I think you were correct the first time. SGA now owns 14% of a £8m company = £1.1m. After dilution, it would own 7% of a £20m company = £1.4m. Total uplift = £0.3m, which, with 216m shares in issue would be worth a whopping 0.14p (that's point one four of a penny, not fourteen pence) per share.

[adejuk] 14/6/2007 15:24

surely 2.8 jon?

[jonwig] 13/6/2007 07:24

Atraverda looking to sell a 50-60% stake
11/06/2007

UK-based battery manufacturer Atraverda is looking to sell a 50-60% stake in the company, according to CEO Andrew Dixey. The company is looking to attract a large investor for round B financing, hoping to raise $20m or more from that round. A deal is hoped to take place within the next few months. Current investors in Atraverda include Scottish Equity Partners, Wales Fund Mangers, The Sagentia Group, OnPoint Technologies and EnerTech Capital. Dixey added, "We will be keeping some of our existing investors but are looking for a large VC to acquire a majority stake." Based in Abertillery, Atraverda was founded in 1993 and employs 23 staff.



Let's hope they are successful (at $20m it won't be SGA ... we hope) so that at least we'll have a basis for up-to-date valuation.

If it is - say - a 50% stake for $20m, that would make the whole company worth some £20m.
SGA currently has a 14% (fully diluted) stake, and the whole company is shown on the SGA books at £8m. That would imply uplift for SGA: £1.1m to £1.4m.

[jonwig] 12/6/2007 08:36

Historical stuff, but might be worth revisiting at some point:

[jonwig] 06/6/2007 11:54

A quite determined seller still about, distressed maybe, going at 5 or 5.01p with 500,000 shares.
Until that one's out of the way, progress will be slow.

[jonwig] 06/6/2007 07:26

Two more director purchases reported:

On the 5th June, 2007 Christopher Masters, a non executive director and Chairman
of the Board of Directors of Sagentia Group AG, informed the Company that
earlier that day he purchased an additional 150,000 shares of CHF 0.10 each
in Sagentia Group AG at 5.25 pence per share. His total holding of CHF 0.10
shares now stands at 250,000 shares.

In addition on the 5th June 2007 Johan Bjorklund, a non executive director of
Sagentia Group AG and Chief Executive Officer of the Company's largest
shareholder, Catella Switzerland AG (48.8%) and former chairman of the Company,
informed the Company that earlier that day he purchased an additional 150,000
shares of CHF 0.10 each in Sagentia Group AG at 5.25 pence per share. His total
holding of CHF 0.10 shares now stands at 1,270,510 shares.