The latest Investing Matters Podcast episode with multi-award-winning fund manager and international bestselling author Lee Freeman-Shor has just been released. Listen here.
What a stupid post. Please sell all of your stock if you’re so negative. This is not a forum for trolls. Head off to ADVFN for that. That’s where the rest of the idiots reside.
I agree with you about the numbers. This company is well run and cautious. I believe the numbers will be very low as they have always used the word “soft” before the word “launch” this is deliberate. They have transformed the business into a commercial entity considerably sooner than anyone expected. I’m happy know the product really does work. They would need a massive marketing budget to get this thing global in anything under 2 years. We are not even 5 months into a launch and 3 months of that was testing the supply chain. I personally think SA is one of the most impressive CEO’s on AIM at the moment and I for one am in this for the long run.
Some silly selling going on today. I appreciate the market is down overall and there is some sentimental selling but to be down by circa 12% is just daft. Time to raid the kids piggy banks and top up again methinks.
Excuse my question "drifting", have you been clinically diagnosed with psoriasis by a dermatologist? You mention that you don't know whether it's classified as chronic or moderate. Maybe therein lies the problem?
I remember SA saying that, at the time of order, they became Wincloves second largest customer and he said that was Wincloves words and not his. He added that “maybe some day” they might become the largest. The fella has a tough enough job without piling in on his every word. If I were he I would simply stop doing interviews so that he can never be misquoted. It would surely free up a lot of his time. Just a thought. GLA, DYOR, LTH
It beggars beliefs at tImes. I’m sure Stuart must dread posting an RNS as the SP is often all over the place for a couple of days. I’m holding and continue to top up whenever funds allow. This guy is a calm and composed operator and knows precisely what he’s doing. IMHO, GLA
A solid RNS from Stuart & team. Calming and steadying the market. They’re on track to hit the analyst forecast and the main marketing programme has begun in earnest. I guess after Tom Winnifrith’s blog the other day where he was literally hyped by the 2-3 year prospects and the shares suddenly rocketed they had to put out a calming statement. Well done team SBTX.
Nice TR1 from Tyndall showing they continue to increase their holding. Smart institutional investor that has gradually increased their stake since the IPO. Great to see. GLA
And there we see the true value of day traders and the usual spivs to boot. Marching strongly ahead and they can’t help themselves. SA must shake his head in utter despair at times. Keep plugging on Stuart. There are many of us who know the long term value here. Have a good weekend all. M
Do we think we might break back though the 40p level this week? Have the nervous, the pessimists and the day traders finally realised that this is a company that has a lot of potential and is meticulous in its planning and execution? I for one am not expecting large sales numbers to be released. SA is way too careful to have thrown caution to the wind. Last results showed that they clearly hadn't (at that time) thrown massive amounts of cash into marketing. Stuart once made a reference to a launch he was part of a long time ago that nearly went spectacularly wrong (and I noted that Elrico made reference to the same thing recently) because the supply chain was not tested sufficiently and subsequently the whole thing nearly fell down. I'm guessing the initial numbers are very low and he is testing the turnover and repeat order rate as well as the mechanics of the online ordering system. Either way I am a happy but alert holder. GLA, DYOR
Munchbox, firstly you don’t get to say “we” as you sold some time ago in your own admission. Secondly, why are you still on this board if all you can do is make derogatory comments. Do us all a favour and leave this to those of us that have faith and patience to ride this out. The shares dropped to 5p in the past and SA brought us up to the 70’s. It’s wholly unreasonable to expect detailed sales data 10 weeks after launch. I’m holding and will add as funds allow. IMHO. DYOR
Another solid forward looking RNS. I wasn’t aware that the current CFO was part time so the search for a full time replacement makes a lot of sense. Stuart and team are clearly very busy and it makes additional sense to have a CFO next to him up in Newcastle. The new board position shows that much of the future is digital and e-commerce driven. All positives in my humble opinion.
Also good to see the fairly newly appointed commercial manager incentivised with performance driven share options.
I personally think the current slump in price is only a concern if you want to sell today. If not then this is a golden opportunity to buy. I will go out on a limb here but……. It’s an opportunity to potentially buy shares in Croda at a rock bottom price of 38p! DYOR.
Maybe I'm missing something here. I am not a day trader in any sense of the badge, in fact I don't think I have the mettle or the time for that. I invest in companies that I believe in and management teams that know what they're doing and are trustworthy. SBTX ticks those boxes for me. The biggest criteria of all for me is will this yield multiple returns over time. IMHO the current drop is brought on by a couple of things. firstly the "annual" selling of shares by OPTI, nothing new here, they have dumped half of their holdings once IPO and clearly they were out of cash again and this timed with the end of their lock in (go figure!). this spooked a lot of people but Stuart managed to lock them in for another year, problem solved for another year. Secondly, the expectation that news was coming re Croda, I think this is a naive expectation as that gift is not Stuarts to give. Why would Croda detail the companies it is talking to or even announce the date of any unveiling? if they had then SBTX would be duty bound to release that news to the market. Finally, another naive expectation that sales number for Axis PS would be announced. The product has only been on sale in "soft launch" mode for just over 2 months. To expect sales data that is any more than a few hundred is frankly silly. We know that there were some shipping and customs issues early on by our own experiences, one would imagine they have now been ironed out, after all that's why the launch was restricted in the first place. This product works, we know that emphatically and this management team have never missed a target or let us down. I for one believe the stock is significantly undervalued at present. Same CEO, same CSO, same science and same market. All of this is simply my most humble opinion and I wish you all the best of success and health in the coming year.
odysseus07 ….. 4 months since launch? It was launched on world psoriasis day on the 29th of October. That’s 2 months. Please do sell all of your shares as you clearly haven’t got a a bloody clue! This is the most undervalued stock on AIM IMHO, DYOR, GLA
Silly low price right now. I’m trying to release funds to top up even further. I’m a happy holder and in this for the long run.
I would say that SA was under a fair bit of pressure last week. I’m informed that Proactive were closed for a few days and he did an interview with both Tom Winnifrith and Elrico. Both of which were requested of him. There aren’t too many other avenues for him to pursue for interviews without paying for them. I’d further warrant that he spent more time fending off calls form nervous shareholders than he would have liked. Let the man do his job. Nothing has changed here other than the sell off of stock by nervous holders due to the OPTI sale because, as always, they need cash, and the arrival of a new COVID strain. Let’s face it, it’s Christmas, it’s one of the 3 annual period where people sell off to pay for the time of year. Many will be back in January. I’m a long term holder here and will top up whenever funds allow. GLA
A good set of results with a higher than expected cash balance at financial year end. I think we forget at times that SA had never once let us down. He consistently delivers what he promises when he promises. Unusual to have such an honest CEO in the circus that is AIM. We’ve been selling a brand new product for one month only and todays RNS tells us that everything is going to plan. I think he was shafted by O’Hara and dealt with that stoically and professionally. The sooner the remora that is OPTI is in single digits the better. I’m happy and will continue to top up as and when funds allow. GLA
Looks the news of a South African variant has spooked a lot of people this morning FTSE is down 3% and other than SNG my portfolio is all in the red. I'm going to top up on SBTX today as they are crazy cheap at this price.