Worthington Share Discussion Threads

[sweet karolina] 02/12/2018 21:10

Peter,

The "nutritional" supplements were already in existence and being exported when the company was founded in 2012. SStL makes all that clear in the 2012 interview. They were in China and US back then. Since then revenues from sales have been pathetic the main product of the company being shares issued to raise more cash.

[knigel] 02/12/2018 20:34

Peter - RAP has potential - it must have taken years for Holland & Barrett to become well known in the UK. However Whetstone investment is not really that material - it would have to go up 20 fold to get the NAV near the current share price. Maybe in the long term Whetstone will make 5-10 deals in small developing companies and realise capital growth - however so far there has been one investment - they do not seem to be in a rush. Probably due to being on Britdaq...

[petersmith6] 02/12/2018 19:48

So 6 years.. still not a long time in R'n'D

[davidkip] 02/12/2018 18:20

"So yes...a slow start..."

Er, RAP isn't a start-up. It's been around for absolutely donkey's years, repeatedly swallowing up round after round of investor money and still not making headway.

Here's fresh-faced young SStL interviewed about RAP back in 2012

[davidkip] 02/12/2018 18:17

Do all those 1bn Chinese have to travel to Australia to buy the products from RAP's sole Sydney store? That'll be some helluva queue.

[petersmith6] 02/12/2018 15:50

So no money in health food..lets have a look at a small health food company Holland & Barrett, which is the largest health food chain in Europe, posted revenue growth of 7.1pc in the year to September 30 to £656m, with like-for-like sales up 4.5pc and online sales rising 23.6pc.So let's we get a 10th of that.. 65.6 millionOk..a 100th 6.56 million ..not bad. We are in China.. (1 billion potential customers) America..(500 million) So yes.. a slow start.. but the potential is huge

[petersmith6] 02/12/2018 14:44

I missed out on an investment in an adult educational film company. Don't knock it. In 3 years they had a 19 million pound a year turn over. Bulk is secure down loads and 60% prophit margin.

[andy] 02/12/2018 13:22

roy,


Welcome back, LOL!


As you might have guessed, news is in short supply, no trades in Flagship nor RAP last week(again), a couple for WHET, which is back at 20p matched bargain.

[roydyor] 02/12/2018 11:52

I go away for a few days and the moderated thread has turned into a porn site. :)

[petersmith6] 02/12/2018 08:28

Now that's a hard one....

[andy] 02/12/2018 01:22

Knigel,

:-)

It appears Skinny is the only one that knows what 'pornhub' actually is!

[arthur_lame_stocks] 01/12/2018 23:19

It's all about vertical integration Nige, they've got to get those placentas from somewhere.

[knigel] 01/12/2018 23:11

What's Pornhub? The new acquisition?

[skinnybasoo] 01/12/2018 22:57

Oh my goodness, you guys are STILL HERE? You poor things. You mustn't have good, loving homes to go to or anyone in your lives who truly love you. SUCH a shame. Maybe you can all find someone to watch Pornhub together with while you cry and hug and pretend that life has been a success for you. Night!

[sweet karolina] 01/12/2018 22:16

I suppose you could call dazza's boiler room an institution - a mental institution.