Tyratech (DI) Share Discussion Threads

[michaelsadvfn] 03/3/2018 08:15

Guardian/Outsmart/PS generated $800k last year.

I expect USA PS sales to gain traction this year but I doubt whether these will run into the millions. If they get the mite dust into the European market sales won’t be meaningful in 2018.

I can’t see revenue anywhere near $3m but hope to be proven wrong.

[nobbygnome] 03/3/2018 08:11

>> mud

I hadn't seen the new list so thanks! There are some interesting observations. Most of the institutions including Octopus have gone below 3% and I thought Amvac couldn't go above 30% without making an offer for the company. Also Alan Reade the ex chairman clearly sold some in the offer as he is also below 3% now.

So overall it seems like the main people who held on as a group were the PIs!

Nobby

[pugugly] 02/3/2018 20:59

updated list of holders post tender - May have been posted but not seen beforeMajor Shareholders (as at 9 January 2018)

Shareholders holding more than 3% of the share capital (voting rights) of TyraTech, Inc. are:
AMVAC 34.38%
Interactive Investor Trading 7.42%
Hargreaves Lansdown PLC 4.07%
CriSeren Investments 3.82%
Lloyds Banking Group 3.73%
Walker Crips Group 3.65%
A&J Lindsay 3.53%
Vanderbilt University 3.15%



The Company now has 162,672,054 common shares of US$0.001 each in issue,


"

[nobbygnome] 02/3/2018 20:48

All I know is that considering the potential of the products and cash in the business they are worth comfortably more than the current market cap. That is why I am a bit confused as to why michael has sold out now. Not a lot has changed from before in terms of getting a realistic valuation and he was willing to wait then. He could have got 3p in the offer but presumably ended up getting 2.5p or less. Curious.....each to their own though!

Nobby

[mudbath] 02/3/2018 20:26

$3million was in the air,so I plucked it out,Nobbygnome.
I seem to recollect $900k being mentioned as achieved in 2017;so,given that the whole team can now focus almost exclusively on AH,my "meaningful" $3 million might not be a pipe dream.

[nobbygnome] 02/3/2018 20:12

>> mud

I am not quite sure how you get to 3 million. Outsmart and Guardian together will be no more than 250k IMHO. Pure science is difficult to estimate but I can't believe it will be 2.75 million! Happy to be proved wrong though.....

Nobby

[mudbath] 02/3/2018 18:11

Where would you place "meaningful" michaelsadvfn ?

I reckon around $3million this year,doubling (or more) in 2019.

[michaelsadvfn] 02/3/2018 17:07

There are a handful of folk buying and selling, moving the share price around a little but that’s all.

There’s no new money coming in from anywhere, that’s the problem as I see it.

Why not?
Revenues, that’s why, and they won’t be generating any meaningful revenues this year.

All in my opinion.

[michaelsadvfn] 02/3/2018 16:18

An odd share this.

Did the share price rise on any previous announcement, and I’m not talking about the sale of Vamousse?

Vamousse being sold at Walmart? Sainsburys & Tescos, Lloyds & Day Lewis and the rest.

Did the share price rise after any of the PureScience news releases?

Did the share price rise after any Smartpak announcement?

The answer to all of the above is no, so why would it rise on the announcement of the mite dust being available in Europe, it clearly isn’t a product that will generate company changing revenues.

How ironic that the market valued the company at £40m when they had no products on sale.

[mudbath] 02/3/2018 16:11

I must admit to reconsidering the investment case for TYRU and subsequently bought a total of 500k shares, which served to jump the offer this morning.
Either Nobbygnomes respected prediction of an RNS, or alternatively positive news on PureScience sales in the USA could well further stimulate the share price

[corrientes] 02/3/2018 16:02

That's the reason I doubled up a few weeks ago, though michaelsadvin didn't think this is what would move the share price in the short term.We'll see.

[nobbygnome] 02/3/2018 15:55

Contrary to your approach I have been buying back the shares I sold at 3p! I expect an RNS imminently on the European chicken mite trials and a rerating to above 3p.

Nobby

[nobbygnome] 02/3/2018 15:43

But the bid won't move until the offer does....

[michaelsadvfn] 02/3/2018 15:37

Move up?

If you’re in the market to buy then yes, it’s up.

[nobbygnome] 02/3/2018 13:26

Good to see the move up over the last couple of days. Your timing looks to be not very good michael......

Nobby

[mudbath] 02/3/2018 09:37

According to Tyratech this week :-

The Future’s Bright
26 February 2018
A recent Rabobank report forecasts a promising outlook for the global poultry industry—with some regions of the world expecting growth in excess of 5%. However, any push for increased production must be matched with the increasing consumer drive for reduction of synthetic pesticides and antibiotics, clean food, and reduced environmental impact.

"Starting from the successful foundation of mite control in the U.S.A., TyraTech’s PURESCIENCE products are a perfect fit with the poultry industry as it drives forward with sustainable production gains. From this start point, the TyraTech plant-based technology platform has a wide array of potential applications, covering several key unmet needs in the avian industry."

[ducatiman] 24/2/2018 16:47

Well to date my decision not to let my shares go at 3p was not a good one. However all we need is some good news and we should sail over 3p, given the cash position and potential.

[mudbath] 23/2/2018 19:02

Wow PUGUGLY,that is one big question.

For an answer,possibly an extended read of Still Waiting's thread might provide many answers.

TERN's investee companies,particularly Device Authority and InVMA,seem loaded with potential to generate £millions of both profit and revenues.

If TERN can circumnavigate any possible near term cash flow bottleneck then I would expect to see its share price move vigorously upwards on a prolonged basis.

Just my opinion of course,although I must admit to feeling hugely confident;as is surely a necessity when one goes "all in".

[pugugly] 23/2/2018 18:30

mudbath: Been watching TERN for some time and 1 year graph has many similarites to TYRU before the buyback offer - OK tern up 25% on loan note conversion today at 2p but G*d knows why share price up - Probably (imo should be closer to 2p) - From my notes sP was 6.5/7p on 27/8/17 re BB and fund raising - MC approx £8m

SP today 3p/3.5p and MC- If advfn correct - £5.8M No they are wrong as their MC based on 172.9 million. But not much difference !!

" In accordance with the Disclosure Guidance and Transparency Rules (DTR
5.6.1R) the Company hereby notifies the market that immediately
following Admission its issued share capital will consist of 186,651,140
Ordinary Shares of 0.02 pence each. "

So why invest in TERN ??

[mudbath] 23/2/2018 18:14

Try TERN michaelsadvfn would be my advice.I was 100% into TYRU / TYR and am now 100% moved across, following the tender.

[pugugly] 23/2/2018 16:18

michael - Not to sure about PANR - been tracking sideways since june.

[nobbygnome] 22/2/2018 11:55

>> michael

That is a bit of a change of tune from when you said you were holding all through the tender offer for the long term! You could have sold them for 3p then with no dealing costs.......

Have you advised your Belgian holders to sell too...

Nobby

[michaelsadvfn] 22/2/2018 10:20

No interest here whatsoever.

The market isn’t interested in potential, only profits, and management have sold off the main source of revenue.

Dear oh dear. Could be a long time before this recovers, if at all.

I’ve sold a good few and stuck the proceeds into PANR. Already well up.

[pugugly] 16/2/2018 10:21

Falling back - Looks as though little buying interest - If want to sell volume would probably (imo) take a major hit - Company now too small and illiqid (imo) for anything else than a long term hold in the HOPE and it is HOPE at the moment that they can gain traction in the animal health business - they are however smaller than a minnow at the moment with all the below the radar difficulties (imo)


greedfear: _ Glad to hear all may be coming right in the end . Whoever you are using appear to have diabolical back office.

Also given the AIM regulations re changes in major share holdings should have been many more announcements -(even were holings not tendered the percentage hodling will have changed) OK it is up to shareholders to advise the company BUT many apparent omissions - Anyone know if there are any time limits ?

[greedfear] 15/2/2018 14:49

Finally! I'm going to get 3p. Might take another 6 weeks though. Can you believe that? Using stagecoach and telegraph?