Tristel Share Discussion Threads

[apad] 15/12/2015 19:49

So, you click on the 'buy' button and are thrown back in at the beginning?
Maybe there will be news on the 'home' front - is that your point, P?
apad

[piedro] 15/12/2015 19:39

Deeper Clean



These super-effective premium disinfectants not only kill all types of germs but clean effectively as well. This means that they are the only household cleaning and disinfection product needed to clean all household hard surfaces. ... ...

[piedro] 15/12/2015 19:36

Quite amazing conundrum
- on the Tristel website, if you follow these instructions you will not get there ...



you must either look up "Deeper Clean" or go to

[apad] 15/12/2015 17:37

P,
We'll agree to disagree about who owns the principle of reinvention, then.
Let's just hope they don't need it, or that I'm correct :-)
apad
ps
I'm enjoying the reindeer rally - almost makes you believe in Santa!

[effortless cool] 15/12/2015 16:46

Piedro - do you mean "principal"?

[piedro] 15/12/2015 16:17

Thank you
My point - the principle of the reinvention is no longer with the BoD

[apad] 15/12/2015 16:08

maynardpaton.com/2015/12/15/tristel-this-share-now-represents-18-of-my-portfolio/



apad

[apad] 15/12/2015 15:53

I'm not sure what we are debating here, P.

I don't think they did anticipate change, it was a force majeur. What I do think is that they reinvented themselves very well, post apocalypse.

In terms of understanding your viewpoint, I don't understand what problem you want to solve by rejigging the BoD?

apad

ps
Beddard phrases it without frills:

"Tristel has reinvented itself, profitability has recovered, and the infection control specialist is going for global growth. Management and investors are united in their belief.

In full year results to 30 June 2015, Tristel lifted revenue 14% and adjusted profit 41%. The company has no debt and grew its cash surplus, which has allowed it to pay a special dividend after the year-end, and hike the final dividend 69%.

Success has been hard won. The company had to reinvent its products having been squeezed out of the market supplying disinfectants for endoscope washing machines by the manufacturers of the machines. It refocused on hospital outpatient departments, by developing wipes that can be used to clean simple endoscopes, and foam for decontaminating surfaces using the same chlorine dioxide formulation.

In the first years of the decade, management was wrong-footed by the speed of the collapse in demand for its washing machine disinfectants and the length of time it took for managers to adopt wipes and foams. Worried shareholders dumped the shares leading to a collapse in the share price that has now been reversed (and then some)."

[piedro] 15/12/2015 15:42

I would refer you to ...

Tristel is well advanced in its transformation
02/12/2013


Anticipating change - I do not recall having read that in any report or communication with the BoD before 2011 and would be pleased to be proved wrong.
The only anticipation that I have previously read of was the excuse of anticipated revenues not being realised (2009 I believe).

[apad] 15/12/2015 14:56

P,

The (2011?) Soler to Samler story is well documented.

The way in which it is a "rewriting" is both opaque and obscure.

apad

[piedro] 15/12/2015 14:32

james188,
I agree, there are a couple of useful hints and more reason to reconsider the composition of the BoD.

I have never been partial to the rewriting of The Tristel Story.

[piedro] 15/12/2015 14:28

"Director buys"
It must be option time ...
IMO


APAD,
FS was originally the chairman but they had to get in Christopher Samler to get them out of the mess ...
"rescue the company from a disruptive, external effect"

As this is 5% of your portfolio, I would suggest you read through all this bb and the previous, before judging whether the "effect" was truely externel or somewhat internal

[james188] 15/12/2015 14:25

I don't like frothy broker notes either, but they are usually worth a read and occasionally you learn something new. Look at page 2 as to the potential expansion into the household cleaner market. That is new. Early days and I gather that much more is likely to be said when the interims come out, but it is another demonstration of the potential for this company.

[treeshake] 15/12/2015 14:13

Hardly masses but it all counts I suppose. Don't particularly like small director buys.

FYI I hold

[apad] 15/12/2015 13:48

Paul Scott Small Cap Value Report comments on TSTL today
apad

[apad] 15/12/2015 12:53

The 'interim' chairman still owns about 10million shares I believe, P, so might be a bit difficult to dislodge.
In terms of products and marketing I think the buddies are doing well and personally I am more worried about outsiders coming in, especially with lots of renown:-) Also, they did rescue the company from a disruptive, external effect - not a slip-up, perhaps?
I must check to see if glassdoor has any comments.
You've been following this company for a lot longer than I have so I take your opinion seriously.
I have 5% of my portfolio parked here.
apad

[piedro] 15/12/2015 12:31

APAD,
I suggest you write to Paul or Hannah at Equity Developments, they are usually quite responsive. They publish here from time to time but perhaps don't read other posts.

Such literary "slurp" is not at all appetizing for serious investors and further goes to reinforce my plea for the replacement of the "interim" chairman with someone of international renown. There are too many "buddies" on the BoD and the next slip-up may not be too far away.

AIMHO, BWDIK.

[apad] 15/12/2015 11:57

Could do without frothy Equity Development reports - never found any use for them - to let the share price settle down a bit. It's on my increase list so I prefer it to be off the radar.
apad

[piedro] 15/12/2015 10:45

A very jammy Equity Development report - although the numbers may be "conservative", the commentry is frothy to the extent of "drooling"
- AIMHO, BWDIK.

For facts ...
- from the CEO's mouth
"We expect unaudited pre-tax profit for the first half to be no less than £1.4 million, compared to a pre-tax profit of £1.1 million for the same period last year ..."


[in calendar periods where H2 represents July-December]

[piedro] 15/12/2015 09:47

It appears that GROWTH is still LINEAR
- not yet EXPONENTIAL !!

[brummy_git] 15/12/2015 08:42

New research out from Equity development today

hxxp://www.equitydevelopment.co.uk/doc/1434.pdf

[source] 15/12/2015 08:40

Nice AGM statement today- confirming profit is per expectations. Hopefully fellow posters will have been able to make the AGM and post updates for those like me who could not make it ! :)Regards Source.

[davr0s] 14/12/2015 19:02

Lovely price action - rejected lower level a few days ago and now breaking out when market down. Glad I topped up

[piedro] 10/12/2015 15:55

TMFMayn,
sorry , our posts crossed.

interesting device

AIMHO, BWDIK