Science In Sport Share Discussion Threads

[buywell3] 08/7/2019 14:46

Chart now set up for another leg down IMO


Crowded market place this

[buywell3] 01/7/2019 09:46

Miton sold some and AV. has bought quite a lot


Miton might consider selling some more

[yump] 13/6/2019 07:42

Based on consumers' obvious liking for alternative facts and magic solutions in the area of energy bars, supplements, diet etc. etc. I think its highly unlikely SIS or anyone else for that matter can rise to any sort of dominant position in the market and the market has been like this for ages.

Its full of kings new clothes products. The latest one appears to be turmeric, where a tiny set of vaguely conclusive clinical trials on its effectiveness in very specific illnesses, has been expanded into a cure-all product.

Did a cycling event recently where packs of SIS gels were being given away but I didn't see anyone with a pack. Everyone I met was carrying a bit of malt loaf, variety of cereal bars, fruit cake etc. The elites and wannabes use gels as a quick hit. That doesn't really make for a sustainable large market.

Basically to hit those limited number of consumers wherever they are requires massive distribution and to keep them requires a knock-out product.

Science in sport is a good name. Unfortunately pseudo-science in sport has confused the consumer into not knowing which new thing to use.

[lammylover] 12/6/2019 21:53

Must be one of the few companies whose share price actually goes up when CFO leaves! I agree with those who have bought in, needs a new CFO who starts to challenge how this company is run - controlling the drive for growth, managing costs and setting a timescale when they will deliver a profit and some share holder value!

[millennial] 30/4/2019 09:31

Company is a complete turkey, lets get the sharesoc investors in ,lol

[buywell2] 20/3/2019 07:49

4 consecutive years of losses

One can only deduce something is awry with what is being done and how it is being done

[davidosh] 18/3/2019 13:57

Just to let you all know that Science in Sport will be presenting at the Mello2019 event on Thursday 16th May. They will be available for Q&A with the delegates.



They will almost certainly be doing two presentations so one in the morning and one afternoon.

More info and tickets here... If you use the code ADVFN30 you will be able to receive a 30% discount off the ticket price

[buywell3] 07/3/2019 20:18

Are any related ?

Even distantly ?

125 miles or over ?

[oiht] 22/2/2019 10:48

RNS: Senior management appointments; more noses in the trough, and for what?

[buywell3] 30/1/2019 02:21

Re the RNS on 29th Jan 2019

I note the REGAL TRUSTEES LIMITED. (EMPLOYEE BENEFIT TRUST) is now selling yet more shares ... it used to have over 9% of the company ... and my reading is that these shares have been given to the Trust by the company (see below)



''13. Additional information:
THE ACQUISITION COMPRISED AN ISSUE OF SHARES TO REGAL TRUSTEES LIMITED BY THE ISSUER AS ANNOUNCED BY THE ISSUER ON 23 MARCH 2017.

So this Employee Benefit Trust has been selling SIS shares ... shares that have/were/are being awarded to it by the company

My questiona are

1) why?
2) where is the money going from the share sales ?



''Employee Benefit Trust ('EBT')

As the Company is deemed to have control of the EBT, it is treated as a subsidiary and consolidated for the purpose of the Group accounts.

The EBT's investment in the Company's shares is deducted from shareholders'
funds in the Group statement of financial position as if they were treasury shares.''


''On 31 March 2016 the Company issued 2,748,964 new ordinary shares of 10 pence each to the Employee Benefit Trust to satisfy share options granted in 2015 (2014: 559,866 new ordinary shares of 10 pence each).

At 31 December 2016 the Employee Benefit Trust held in reserve 2,152,892 new ordinary shares of 10 pence each to be issued as share options (2015: 595,331 new ordinary shares of 10 pence each).''




My other question is regarding the director Miss Victoria Louise Clarke
British • Director • Accountant • Born in Jul 1984



Is she related to John Clarke of SIS ? a daughter perhaps and if so one presumes is selling SIS shares at the request of the SIS BOD

Surely this sends a bad message to other Major Holders does it not ?

[buywell3] 30/1/2019 01:13

SIS numbers


Income Statement .... 2015 2016 2017

Turnover............. 9.45 12.24 15.62
Operat'g Profit .... -1.61 -2.79 -3.85
Net Profit.......... -1.51 -2.64 -3.61
Reported EPS........ -5.50 -6.20 -7.70


Are getting worse

[kinbasket] 03/1/2019 12:27

Saw this today.



Madison is one of the biggest distributers of cycling products to bricks and mortar stores in the UK. If not the biggest.

"Previously available to the bike trade through multiple distributors, the company revealed it will make significant changes to its route to market in 2019.

New Managing Director, Ashley Read, said: “Traditional retailers are the life blood of the cycle market and we appreciate their importance to their local communities and the sport as a whole. By focusing our resources to have one distributor to service bike stores and one to service running and outdoor stores will allow us to support stores to a greater extent in an increasingly challenging retail environment.

At the same time as dumping it for cost via Wiggle

Meanwhile, on their own website..50% off everything....

[buywell3] 17/12/2018 17:28

I think Miton UK Microcap and CANACCORD GENUITY GROUP INC are heading in the right direction with this one



buywell3 27 Jul '18 - 09:43 - 299 of 315 Edit

Chart support of 69p looks like being tested




































towards the exit

[yump] 14/11/2018 15:18

Well there's always some BOD's who think they are going to build the world's biggest something or other, as long as its not using their own money.

You won't even see the guys who are building a successful worlds biggest something or other, until they appear quietly and suddenly where nobody is expecting it.

Mainly because a proper entrepreneur will already have done the hard work of proving viability using their own money.

The only excuse is when the 'something' is going to require large amounts of capital to either move very quickly in a very promising market, or because the barrier to entry is set very high.

If you've got a great product or idea that works and the right business strategy, it will be profitable before you ever need stock market funds.

Google was profitable way before float.

How things have changed.

Now we've got second-hand ideas from ego driven directors floating every year.

[simon gordon] 14/11/2018 15:09

£32m for a company that sells whey protein powder. No patents, nada, just commoditised milk powder. The owners of PhD must be in seventh heaven. 24 staff! They are just buying a virtual office with some good marketers.

[yump] 14/11/2018 12:59

I'm just surprised investors can't see the patterns. I thought this was on a 'revenue good', 'forget the profit' track ages ago and said so. Also as Skyracer says its in a market where you have to constantly spend on marketing and incentives just to maintain market share.

That was a known when floated, if you'd done research.

When they did post a maiden profit for the core business it was 300K on a big turnover and they quoted EBITDA, which of course they all do, when they want the profit to look better.

Looking back, if I had only ever bought into businesses that were making a clean profit when they floated, I would have a shed load more money now than I have got from the few investments in floats that I've made.

People seem to forget that their money is being used for experiments half the time. If you're going to 'invest' in those, it needs to be way, way earlier, before the float, then at least the ones that fly really do compensate for the dross.

Shares in ASOS before float - now there's a thought. It was profitable already.

[skyracer] 14/11/2018 11:48

Its an admission SIS does not have a viable growth business model. Five years and the share price has gone nowhere. With this acquisition and placing the share price risk just went up.

To quote kinbasket 10 Mar '18 - 12:00 - 294 of 309 :

" As I've said further up, SIS are buying market share and I don't see how that translates to profitability with almost zero brand loyalty amongst users. Even brand loyal users wait and buy on promotion.

I've been using these types of products since the original powerbar in the early 90s. I don't think I've paid full price for a product in the last 10 years. It's a massively crowded market. CLiff, High5, Powerbar, Torq, Gu, Nakd, and a hundred other small companies all knocking out energy food of one kind or another. "

[yump] 14/11/2018 10:55

Funnily enough I was just posting on the FLX thread about companies where you're waiting to see if they are going to make a clean profit and then they go and acquire something which muddies all the waters.

I'm not sure where the efficiencies will come from to move the group to profitability. PHD have a different set of products.

[davidlloyd] 14/11/2018 10:37

thanks Bareknee.


Shame us PI shareholders cant partake in the accelerated book build at such a nice discount....

:-(

DL

[bareknee] 20/10/2018 12:06

David

It was only a Reach RNS, so wasn't regulatory info, so wouldn't get flagged up like a standard RNS would

It's a bit of an oversimplification, but :-

Standard RNS = Material news or news which the company has to release.
Reach RNS = Non material news

BB

[davidlloyd] 17/10/2018 08:37

Why no rns flag on monitor? Good news indeed..
DL