Tristel Share Discussion Threads

[zimbtrader] 06/9/2024 11:40

Same pattern I've seen for several years seems to be in play again. Price drifts down in May / June, spikes up sharply following a trading update in July, drifts then sharply drops in September. Interim results date gets announced mid-September and the price heads north again as results in mid-October approaches.The only difference this year? A new CEO at the helm BUT we already have a fairly good idea what the interim results will be like.

[piedro] 15/8/2024 21:35

I agree, with every 1,000,000 bugs, 100 get by

[james188] 15/8/2024 15:34

My (limited) understanding is that 99.9% is not that great. It is the .01% that gets you.

[piedro] 15/8/2024 08:08

FWIW ...

Technical Textiles
CloroxPro introduces plant-based Clorox EcoClean disinfecting wipes
08 Aug '24
"... made with a 100 per cent plant-based substrate and naturally-derived, citric acid active ingredient that kills 99.9 per cent of germs without bleach, ammonia or alcohol..."

[piedro] 09/8/2024 08:38

Reusable daisygrip Tourniquets:
Their Impact on Patients, Planet and Public Purse
Sandwell and West Birmingham NHS Trust has initiated a transition from single-use to daisygrip, a reusable tourniquets, evaluating the impact on patients, the environment, and healthcare costs.



Also: 𝗱𝗮𝗶𝘀0326;𝗴ҳ19;𝗶𝗽; 𝗳𝗲𝗮𝘁0322;𝗿ҳ06;𝗱 𝗶𝗻 𝗡𝘂𝗿𝘀0310;𝗻ҳ08; 𝗧𝗶𝗺𝗲0320;!

[markatkinson] 28/7/2024 06:31

My dear friend Paul Kerin and I have just recorded an episode of the Desert Island Investor podcast where we discuss my holding in Tristel ( TSTL )-

[peter27] 26/7/2024 12:16

Walbrook have said there will not be an open day this year in view of new CEO but they will look to have one next year.

[z1co] 22/7/2024 16:07

As expected a very strong close , bodes well for tomorrow and over medium/long term

[peter27] 22/7/2024 15:26

I hope I am wrong about Paul. I have sent an email requesting news about the open day.

[james188] 22/7/2024 12:56

I was at the Tristel AGM last December and spoke to both Paul Swinney and Liz Dixon about Paul's retirement decision, plus various other things. There was not the slightest hint that it was illness related and he looked in pretty good nick.

I think that the demands and stresses placed on a CEO at a fast growing company are sometimes underestimated. Those demands are certain to grow now that the US/Canadian business is taking off and the company is expanding in other parts of the world. I can understand why Paul is happy to go out on a high.

A similar thing has happened in another AIM company in which I am invested - Zotefoams (ZTF). The CEO there (until recently, David Stirling) is highly thought of, but has stood down at the point in time where the company is at an inflexion point, having got to the stage where it has entered into a series of important contracts with partners for ReZorce - a potentially game changing product that it invented. David Stirling had also been at the helm for a significant period of time.

Two other comments. First, Cavendish produced a Company Flash Note this morning after the TU, but it did not update its forecasts which are now plainly out of date (e.g. they still estimate revenues of £40m for the year to June 2024). We are told that we will have to wait until October. Secondly, I hope that the company updates shareholders soon either way as to whether and when it plans a shareholder open day. I suppose that it may be waiting until Mr Sassone has his feet under the table (he does not join formally until early September).

[wad collector] 22/7/2024 08:36

Don't want a company run like the US presidency! Go when the time is right.

[piedro] 22/7/2024 07:42

peter27
"To my mind the only reason Paul is stepping down is that he’s unwell."

I've suspected that for quite some time.

[zimbtrader] 22/7/2024 06:53

Another excellent update. For the record, the CEO will turn 67 later this year. Perhaps he has simply decided to retire and enjoy life. He's earned it and I wish him all the best.

[metis20] 22/7/2024 06:44

Included in the ahead of expectation TU:-

a notable case study was published in May by one of our early adopters, US urologist Dr Matt Allaway:

[peter27] 22/7/2024 06:42

Good but very brief update. To my mind the only reason Paul is stepping down is that he's unwell.

[c3479z] 22/7/2024 06:28

strong report this morning, early days in america.

[z1co] 22/7/2024 06:11

WOW !

Very impressive

22 July 2024

Trading Update

Revenues and pre-tax profits ahead of market expectations

Tristel plc (AIM: TSTL), the manufacturer of infection prevention products, announces a trading update for the year ended 30 June 2024, having delivered a strong trading performance ahead of market expectations and the Company's own performance targets.



Demand for Tristel's infection prevention products continues to be very robust across all the Company's geographical markets which now include the USA and Canada. Consequently:



· Revenues for the year were up 16.4% to £41.9m (FY 2023: £36.0m), ahead of market expectations and above the Company's performance target for revenue growth (an annual average of 10-15% over three years).

· Adjusted profit before tax* will be no less than £8.0m, ahead of market expectations and 29% ahead of last year (FY 2023: £6.2m).

· Tristel continues to be debt free and cash generative. Cash balances on 30 June 2024 were £11.6m (30 June 2023: £9.5m).



Paul Swinney, CEO of Tristel plc, comments: "This is my last trading update before I hand over the reins to our incoming CEO in early September and I am delighted to report to shareholders that the business has delivered another strong trading performance and growth ahead of both analyst expectations and our own growth targets.

[tmfmayn] 21/7/2024 20:37

Lack of an open day also prevents shareholders getting answers to why the CEO is stepping down when the company now stands on the cusp on great things in the States. Company still should issue a trading statement though. Maybe if that statement is disappointing, then that could also explain why the white marquee remains in storage this year.

[zimbtrader] 18/7/2024 06:11

Starting to look like there won't be an open day this year as has been the pattern in recent years. Which begs the question as to whether there will be any trading update towards the end of July.

[piedro] 10/7/2024 06:58

FYI ...

US company Ecolab launches Disinfectant 1 Wipe
03 Jul '24



Insights
- Ecolab has launched Disinfectant 1 Wipe, a 100 per cent plastic-free hospital disinfectant derived from wood pulp, addressing environmental concerns of traditional wipes.
- It offers 1-minute disinfection, a 36 per cent reduction in usage, and biodegrades 94.3 per cent in 15 days.
- It is effective against more than 40 organisms including SARS-CoV-2.

[piedro] 06/7/2024 07:42

Tristel AsiaTristel Asia
𝗧𝗿𝗶𝘀0321;𝗲ҳ13; 𝗔𝘀𝗶𝗮’𝘀 𝗠𝗶𝗱-𝗬
20306;𝗮x319; 𝗥𝗲𝗳𝗹0306;𝗰ҳ21;𝗶𝗼;𝗻𝘀 📰📢

We are halfway through the year! Where do you stand on achieving your 2024 goals?
One of the most unforgettable moments for 𝗧𝗿𝗶𝘀0321;𝗲ҳ13; 𝗔𝘀𝗶𝗮 in the first half of the year was our honour to be part of the 𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴 𝗜𝗻𝗳𝗲0304;𝘁ҳ10;𝗼𝗻; 𝗖𝗼𝗻𝘁0319;𝗼ҳ13; 𝗡𝘂𝗿𝘀0306;𝘀 𝗔𝘀𝘀𝗼0304;𝗶ҳ02;𝘁𝗶;𝗼𝗻 𝗦𝗲𝗺𝗶0315;𝗮ҳ19;: 𝗖𝗼𝗻𝗻0306;𝗰ҳ21;, 𝗜𝗻𝘀𝗽0310;𝗿ҳ06;, 𝗜𝗻𝗻𝗼0323;𝗮ҳ21;𝗲. It is clear that Hong Kong is bursting with ...

[piedro] 27/6/2024 08:33

I'm not too worried, he's been doing it for quite some time

[wad collector] 26/6/2024 21:03

Just noticed that sale by both CEO and CFO of a chunk of their holdings. Might mean nothing , but a bit of a concern.

[zimbtrader] 17/6/2024 06:47

If the past is any indication, expect an announcement of the open day early to mid July with the open day at the end of July. A trading update would be released the morning of the open day.That's been the pattern over recent years, anyway.