BLT - Blis Technologies

[biker]

.3 cents values the company at about 25 mill. Really???

[winner69]

Speculation surely. That's a common enough theme for a number of stocks right now.

I promised not to be too disparaging but when needs to think that when many get excited about WDT (as well as BLT) it sort of signals another eminent collapse of the markets .... this is worse than taxi drivers touting shares .... but then i am an old geezer who knows nothing and don't always share the exhuberence of youth

May the good times continue ... but please spend your riches wisely

[GR8DAY]

BIKER........blis was once valued by the market at over 150mill........so still many miles off that figure. Mr. Market is talking........we shud all be listening (AND acting if you wanna make some buks)!!

[biker]

BIKER........blis was once valued by the market at over 150mill........so still many miles off that figure. Mr. Market is talking........we shud all be listening (AND acting if you wanna make some buks)!!

Yep..... Thanks GD and I hope it goes really well for you, but.... I pass.

[GR8DAY]

Thanks Biker........like anything it could all still end in tears.........but then BLIS have probably got a probiotic that could fix that! Besides having a 'bit-of-a-flutter", I really like the story AND ethical products behind the name. Happy to support what will hopefully become another KIWI success story.

[winner69]

Pity the guys down at the nice building on the Wellington waterfront are still on holiday

But then BLT would just say 'we know of no reason for the increase in th share price, we remain compliant in all respects'

[GR8DAY]

Winner........the answer to that possibly lies in the sad SP chart over the last 3yrs (slow decent from 13c). Maybe just a long overdue re-rating?

[emearg]

.3 cents values the company at about 25 mill. Really???

No not really. .3 cents values it at 2.5 mill (as noted below this is actually incorrect (would be 2 million)). 3 cents is what you were thinking me thinks...

[emearg]

Since you may not all have access to 'depth' and may be interested here you go:




BLT.NZX - BLIS Technologies Limited Ordinary Shares










Last
VWAP
Buy
Sell
High
Low
First
Volume
Value




3 ¢
(NZD)




1
https://www.directbroking.co.nz/DirectTrade/images/spacer.gif
50%





09/01 12:14 NZT






2.82
3
3.2
3
2.5
2.5
1,146,489
$32,360







https://www.directbroking.co.nz/DirectTrade/images/spacer.gif


[Buy] (https://www.directbroking.co.nz/DirectTrade/secure/order.aspx?a=buy&sc=BLT&eg=NZ)
https://www.directbroking.co.nz/DirectTrade/images/spacer.gif
[Sell] (https://www.directbroking.co.nz/DirectTrade/secure/order.aspx?a=sell&sc=BLT&eg=NZ)
https://www.directbroking.co.nz/DirectTrade/images/spacer.gif
[Add to Watch] (https://www.directbroking.co.nz/DirectTrade/secure/watchlists.aspx?a=add&sc=BLT&eg=NZ)
https://www.directbroking.co.nz/DirectTrade/images/spacer.gif
[Add to Portfolio] (https://www.directbroking.co.nz/DirectTrade/secure/portfolios.aspx?a=add&sc=BLT&eg=NZSE)


https://www.directbroking.co.nz/DirectTrade/images/spacer.gif














Bids






Quantity
No.
Price


17,980https://www.directbroking.co.nz/DirectTrade/images/spacer.gif
1
3


221,286https://www.directbroking.co.nz/DirectTrade/images/depth_before.gif
3
2.8


50,000https://www.directbroking.co.nz/DirectTrade/images/depth_before.gif
1
2.7


609,814https://www.directbroking.co.nz/DirectTrade/images/depth_before.gif
3
2.5


193,000https://www.directbroking.co.nz/DirectTrade/images/depth_before.gif
3
2


324,333https://www.directbroking.co.nz/DirectTrade/images/depth_before.gif
2
1.9


187,000https://www.directbroking.co.nz/DirectTrade/images/depth_before.gif
4
1.8


16,000https://www.directbroking.co.nz/DirectTrade/images/depth_before.gif
1
1.7


1,000,000https://www.directbroking.co.nz/DirectTrade/images/depth_before.gif
1
1.6


1,128,559https://www.directbroking.co.nz/DirectTrade/images/depth_before.gif
6
1.5


150,000
1
1.4


272,000
3
1.3


88,900
3
1.2


13,636
1
1.1


50,000
4
1







Asks






Price
No.
Quantity


3.2
1
197,857https://www.directbroking.co.nz/DirectTrade/images/spacer.gif


3.3
2
124,000https://www.directbroking.co.nz/DirectTrade/images/depth_before.gif


3.5
1
192,857


4
1
125,000


5.8
1
50,000








Recent Trades






Price
Volume
Time
Cond


3
15,353
12:14



3
40,000
12:01



3
150,000
12:01



3
100,000
12:01



3
27,980
12:01



3
122,013
11:51



3
125,000
11:51



3
25,007
11:51



3
17,850
11:45



2.8
125,000
11:28



2.8
8,714
11:28



2.8
18,386
11:23



2.6
614
10:54



2.6
44,386
10:39



2.6
80,000
10:37

[Nigel]

No not really. .3 cents values it at 2.5 mill. 3 cents is what you were thinking me thinks...

Isn't 3 cents a $20m market cap rather than $25m? Or is my ASB Securities information not keeping up with the sky-rocketing shareprice?!

[emearg]

That is big volume for Blis. Is this a re-rating? Dead cat bounce? Or lots of people following through with their new years resolution to take a punt on the stock market and they couldn't find a bigger one?

[emearg]

Isn't 3 cents a $20m market cap rather than $25m? Or is my ASB Securities information not keeping up with the sky-rocketing shareprice?!

Actually you're right because I was joking on the 2013 comp somebody should buy at 1.5 cents to push the price over the 10 million minimum requirement. The NZX page is correctly showing it at 20 million.

[simla]

it sort of signals another eminent collapse of the markets .... this is worse than taxi drivers touting shares

Quite possible.

An interesting alternative is that QE is finally oozing into every corner of the globe and the next great inflation is just around the corner?

[CJ]

Since you may not all have access to 'depth' and may be interested here you go:Out of interest, what do the red dots symbolize?

[gonzo56]

Out of interest, what do the red dots symbolize?

When you hover over them they tell you about the volume ahead of that price. For example, the red dot at 3.3 tells you that there is an order at 3.2 of 197,857 for $6,331.42. (It basically aggregates the data above any given price. They are at every price point, contrary to the image emearg posted)

[Bobby_Fischer]

Waiting for the speeding ticket to come out, or perhaps they are so pissant as to warrant no attention from NZX market surveillance? Sold a good dollop of mine. Just couldn't help myself at these prices.

Don't wish to rain on anyone's parade, but I have a feeling it's one of those "it's going up, because it's going" type perturbations. Market will correct itself soon enough. Happy to be proved wrong as I am still sitting on a good number.

[blobbles]

Don't wish to rain on anyone's parade, but I have a feeling it's one of those "it's going up, because it's going" type perturbations. Market will correct itself soon enough. Happy to be proved wrong as I am still sitting on a good number.

Hate to say it too (sitting on a 200%+ profit), but I think you are right!

[brucea]

Hey guys - I had not looked at my portfolio for a while and was surprised to see the BLT share price. Not too excited though as it might just be a temporary blip. I am overweight in BLT shares with over 1 million of them. I took a punt on 5 speculative shares over the past few years - Charlies, BLT, WDT, RAK and XRO - so it has been a roller coaster with the value of the portfolio. At the moment I am up 25% (excluding the buy-out of Charlies shares which bought me a new car!) but am realistic to know this could change into negative value rather quickly!! I am not recommending that people buy speculative shares though unless they OK about losing the lot. It is just that I find blue chip shares (if such a thing exists) as boring and I probably rather sadly am a little easy come - easy go with my share portfolio. Yes, I know I need counselling..... pass the bowl of Blis ice cream please...

[emearg]

When you hover over them they tell you about the volume ahead of that price. For example, the red dot at 3.3 tells you that there is an order at 3.2 of 197,857 for $6,331.42. (It basically aggregates the data above any given price. They are at every price point, contrary to the image emearg posted)

Yup, some were removed by me as sharetrader has a limit of twenty images and each dot counts as one...

[Bundy]

Interesting to read some of the comments here, or albeit speculation.Thought I'd share something which may have some relevance. Past couple of years my daughter had been having constant problems with her tonsils'- ranging from severe inflammation restricting her eating and time attendanceat School to re-occuring strep throat infections. Only option really was tohave them out or to keep paying $45 each time at the Docs to get yet another prescriptionfor Penicillin. My wife (bless her) keeps tabs on all this sort of stuff and wespent $630 on Doctor visits alone last year, not that I'm complaining at allbut we've been faced with this for 3+ years now. Last straw was when shedeveloped Pericardial twice (fluid around the heart) as a offshoot of the strepthroat and the waiting list to see a specialist was six months with even getting letters back saying her condition is not serious enough to have her tonsilsout. I mean FFS, Public heath at the moment is rubbish. (I won't start)
Anyways, my wife and I made the decision to take her private early August. The ENT Specialist was just fantastic.
Cut a long story short here he gave me two bottles of stufffor my daughter, one was Blis K12 Throat Guard in Peppermint and the other was in Strawberry with directions on dosage. Got to be honest here we walked out of there rather deflated looking forward to the next follow up appointment in 4weeks.
4 weeks later we went back for the follow up expecting a date to have the pesky things removed. MyDaughter had remarkably improved with no re-occurrences. Specialist changed thedosage and directions and scheduled another follow up late December.
And this is our result from that December appointment. OurDaughter has not had one even sore throat since September or any type of inflammationand I don't care what anybody thinks but it thanks to the K12.
The ENT Specialist spent a lot of time explaining to us whyhe does not prescribe penicillin to kids anymore as its having no effect. He gave us the low down on the Kiwi made K12 and the 90% results rate he and his colleagueshave had with it over the past 18 months.
He went onto say other things which I'm not going to disclose on this forum, but it did prompt me to buy a good parcel after some more research.
This could be a result of the price rise we're seeing where information and support has been expressed.
My opinion only based on my own research and wanted to share my own experience. ( So no grief please or use of that draconian ramping word)

[simla]

And THAT is the number one reason I support Blis. The world needs this stuff. Thanks for sharing, Bundy.

[Dej]

Anyways, my wife and I made the decision to take her private early August. The ENT Specialist was just fantastic.
Cut a long story short here he gave me two bottles of stufffor my daughter, one was Blis K12 Throat Guard in Peppermint and the other was in Strawberry with directions on dosage. Got to be honest here we walked out of there rather deflated looking forward to the next follow up appointment in 4weeks.
4 weeks later we went back for the follow up expecting a date to have the pesky things removed. MyDaughter had remarkably improved with no re-occurrences. Specialist changed thedosage and directions and scheduled another follow up late December.
And this is our result from that December appointment. OurDaughter has not had one even sore throat since September or any type of inflammationand I don't care what anybody thinks but it thanks to the K12.
The ENT Specialist spent a lot of time explaining to us whyhe does not prescribe penicillin to kids anymore as its having no effect. He gave us the low down on the Kiwi made K12 and the 90% results rate he and his colleagueshave had with it over the past 18 months.


Does that mean only the private sectors support the use of this? I would have thought also that K12 and penicillin would be quite simularly priced, so why doesnt the public sector do the same?

[GRIFFIN]

May be the public sector is governed by the big international drug companies that dont produce K12 and dont give it any credability to boot, no wonder our health shops are so busy.

[simla]

What will today hold then? More excitement and we're just beginning, or sunset time? Well, it sure adds zest to the holiday period!

(T, I tried to reply but apparently failed.)

[GRIFFIN]

Hey simla that holiday period bit sounds good how come i get to spend the day in a big dusty tractor.

[simla]

Because you are the Salt of the Earth, Griffin!

[CJ]

NZX finally got back from holiday. BLT said no new info. Probably due to enforcing minimum holdings and relative liquidity.

Lots more selling depth today. I expect it to retreat a bit as people try to lock in some gains.

[pierre]

"RE: Price Enquiry BLT 9 January 2013

BLIS continues to comply with its disclosure obligations pursuant to Listing
Rule 10.1.1.

On 21 December 2012 BLIS gave shareholders three months notice of its
intention to enforce a minimum shareholding of 25,000 shares.

As a consequence approximately 1,600 shareholders would be required to
supplement their existing shareholding if they wish to continue to remain
shareholders.

Due to the relative lack of liquidity in the market for BLIS shares,
shareholders who are seeking to top up their holdings may have influenced the
market price. "

Well - isn't it great to see those low volume holders topping up their portfolios - and topping up the price at the same time! let's hope the action continues.

[Nigel]

Some profit-taking this morning, but still many more existing holders who will be looking to buy some stock (1600 impacted holders were asked to purchase more shares). Interestingly, a lot of the trades have been substantial puchases, so this isn't just existing holders topping up by 10,000 shares here and there. There are some decent buys going in, suggesting people see a lot of potential in this company. Plenty more buying to be done before 21 March!

[fungus pudding]

[QUOTE=Nigel;389755]Some profit-taking this morning, but still many more existing holders who will be looking to buy some stock (1600 impacted holders were asked to purchase more shares). Interestingly, a lot of the trades have been substantial puchases, so this isn't just existing holders topping up by 10,000 shares here and there. There are some decent buys going in, suggesting people see a lot of potential in this company.QUOTE]

Or suggesting a few risk takers like playing the 'pass the hot potato' game.

[CJ]

Some profit-taking this morning, but still many more existing holders who will be looking to buy some stock (1600 impacted holders were asked to purchase more shares). Interestingly, a lot of the trades have been substantial puchases, so this isn't just existing holders topping up by 10,000 shares here and there. There are some decent buys going in, suggesting people see a lot of potential in this company. Plenty more buying to be done before 21 March!Why would they only buy 10000. They either believe in in so more than double down ( why pay $30 brokerage on a $200 parcel), or they don't in which case they sell or wait to be taken out.

I can understand why you would sell a small parcel but why would anybody buy less than (say) 100000 shares.

[biker]

No not really. .3 cents values it at 2.5 mill (as noted below this is actually incorrect (would be 2 million)). 3 cents is what you were thinking me thinks...

Quite so. Market cap today at 2.5cents, still over 16million.
I imagine many small holders rather than top up will top down, by doing nothing.

[GR8DAY]

.......looking at those numbers CJ, you might be right. Time for a breather....time to maybe buy some more?

[blobbles]

Ive been following this stock for a while without investing but two days ago picked some up at 2c then sold yesterday for a quick profit at 2.8c. I think many others are dooing exactly the same

Hope you are reporting that profit to the IRD turmeric!

[emearg]

Interesting to read some of the comments here, or albeit speculation.Thought I'd share something which may have some relevance. Past couple of years my daughter had been having constant problems with her tonsils'- ranging from severe inflammation restricting her eating and time attendanceat School to re-occuring strep throat infections. Only option really was tohave them out or to keep paying $45 each time at the Docs to get yet another prescriptionfor Penicillin. My wife (bless her) keeps tabs on all this sort of stuff and wespent $630 on Doctor visits alone last year, not that I'm complaining at allbut we've been faced with this for 3+ years now. Last straw was when shedeveloped Pericardial twice (fluid around the heart) as a offshoot of the strepthroat and the waiting list to see a specialist was six months with even getting letters back saying her condition is not serious enough to have her tonsilsout. I mean FFS, Public heath at the moment is rubbish. (I won't start)
Anyways, my wife and I made the decision to take her private early August. The ENT Specialist was just fantastic.
Cut a long story short here he gave me two bottles of stufffor my daughter, one was Blis K12 Throat Guard in Peppermint and the other was in Strawberry with directions on dosage. Got to be honest here we walked out of there rather deflated looking forward to the next follow up appointment in 4weeks.
4 weeks later we went back for the follow up expecting a date to have the pesky things removed. MyDaughter had remarkably improved with no re-occurrences. Specialist changed thedosage and directions and scheduled another follow up late December.
And this is our result from that December appointment. OurDaughter has not had one even sore throat since September or any type of inflammationand I don't care what anybody thinks but it thanks to the K12.
The ENT Specialist spent a lot of time explaining to us whyhe does not prescribe penicillin to kids anymore as its having no effect. He gave us the low down on the Kiwi made K12 and the 90% results rate he and his colleagueshave had with it over the past 18 months.
He went onto say other things which I'm not going to disclose on this forum, but it did prompt me to buy a good parcel after some more research.
This could be a result of the price rise we're seeing where information and support has been expressed.
My opinion only based on my own research and wanted to share my own experience. ( So no grief please or use of that draconian ramping word)

Always good to hear positive reviews of the product. It is life changing for many including your daughter from the sounds. Congratulations :)

[CJ]

Down to 2c. This could be the roller coast ride of the year.

[GR8DAY]

OUCH!.......and to think I pikd it in the comp.......might be back to last place if this continues??

[CJ]

OUCH!.......and to think I pikd it in the comp.......might be back to last place if this continues??I was thinking the opposite. I might make a late change to my picks to include it.

And if it gets any lower, I may though a few grand at it. I think I have a bid in there at 1.3 which I placed a day to late - a bit like placing money on Red though as I haven't researched (though I am a fan of pre/probiotics generally and take them daily).

[croesus]

I think 1.4c... I would buy at that... Still very risky imho

[GR8DAY]

ah yes.......shudve left my 1.3C buy order there!! (HEY OFF TOPIC CAN ANYONE TELL ME IF THE ANZ SITE IS DOWN??.......CANT LINK UP AT THE MO!)

[GR8DAY]

....yes ANZ and direct are linked......both down?

[GR8DAY]

....just phoned thru. They are hoping a 5-10 minute fix.....yea right??

[GR8DAY]

........this is costing me hard earned money ANZ............. how's a man supposed to feed himself (not to mention the wife and kids) ?!!

[skid]

Just tell them what you were going to buy or sell and they will make up the difference when they get up and running [think I saw that on a TUI billboard]

[emearg]

An Italian trial is reporting Blis K12 is good for your health. Who knew?

https://www.nzx.com/companies/BLT/announcements/231971

[emearg]

An Italian trial is reporting Blis K12 is good for your health. Who knew?

https://www.nzx.com/companies/BLT/announcements/231971

Just to be extra thorough I decided to read the announcement and note this is the second study out of Italy. It is different to the one we were discussing last month. That was kids and this is adults. Works well it seems. Yes well that supports the comments on here from regular users like me :)

The last paragraph is interesting:
Dr Richardson said that he has seen a growing awareness among healthcare professional in New Zealand, pharmacists, dentist and doctors of benefits of BLIS K12™ probiotic for mouth and throat and has seen an increasing acceptance to consider BLIS K12™ probiotic as an option when managing the health of their patients, both young and old.

The post by Bundy backs up Dr R's comments.

[emearg]

....just phoned thru. They are hoping a 5-10 minute fix.....yea right??

It has been a very long 5 - 10 minutes. Especially with Matinee Idle on in the background...

[POSSUM THE CAT]

Tumeric As ANZ bank seem to have got rid of all their ANZ staff & Kept only National Bank Staff maybe they have got rid of all the IT staff that new anything. The new combined ANZ bank web site using the National Bank technology is a step back into the age of the ARK.

[GR8DAY]

.......I'll be seeking compensation. They've got 5minutes to put it right!!!

[CJ]

.......I'll be seeking compensation. They've got 5minutes to put it right!!!Pick up the phone - I expect they would give internet commission prices due to fault.

Or why dont you have a backup in place. A second account with ASB for example (I assume that would work unless they hold your shares in a custodial account)

[brucea]

Well, I continue to take both Blis K12 and M18 on a daily basis as I am impressed with its effectiveness. It is the major reason why I bought Blis shares in the first place!

[simla]

Emearg, FYI I was at Pak and Save Kilbirnie today, and it looked like they'd had a stack of 42 litres of ice cream, half of which was sold already. No idea how often they restock, but wouldn't it be daily or something like? Has anyone noticed anything on turnover at Victoria Park?

[CJ]

Well, I continue to take both Blis K12 and M18 on a daily basis as I am impressed with its effectiveness. It is the major reason why I bought Blis shares in the first place!I was just looking at their website. I assume you're the 'Bruce' in their testimonial.

Website a bit confusing. They separate out the health issues it cures even though the product, in many cases, is the same.

I'm after some K12 today so will report back on how easy it is to find - don't really want to wait for Internet delivery.

[Grimy]

I buy from the web site and delivery is same week (and we don't get regular courier service out here).

[emearg]

Well, I must admit, the free publicity is excellent for both the stock and the products....

http://www.stuff.co.nz/business/industries/8169551/Surge-in-Blis-shares

No doubt shareholders will hope that business execution matches shareholder expectations for 2013.

Not a particurlarly interesting read for the average (potential) consumer until the last paragraph:
"Blis said that paper had been published two months after a similar research paper which also concluded that regular use of BLIS K12 in children could reduce the incidence of strep throat infection, including tonsillitis, by more than 92 per cent."

Any parent reading that will take interest I reckon! How often do you hear from people that their kid has strep throat and they are off sick with a parent watching and nobody is sleeping because of the coughing and it is the third time this winter etc etc. The products will look pretty cheap at that point...

To me, that is exactly the sort of marketing message that will work in the real world.

[emearg]

I was just looking at their website. I assume you're the 'Bruce' in their testimonial.

Website a bit confusing. They separate out the health issues it cures even though the product, in many cases, is the same.

I'm after some K12 today so will report back on how easy it is to find - don't really want to wait for Internet delivery.

Still not the best website (as some of the old habits have crept back in, e.g. blue highlights that aren't links, new links for another month of news on the bottom banner) but better than it was. More than adequate I reckon.

All chemists seem to stock it so it shouldn't be hard to find if you ask or look in the sore throat section i.e. near strepsils etc

[CJ]

Got some at Life Pharmacy. Only the packs of 30 (not 60) and didn't have any of their other stuff. Cost more than online.

Checked countdown as they were next door and they didn't have any (is it pharmacy only?).

[emearg]

Got some at Life Pharmacy. Only the packs of 30 (not 60) and didn't have any of their other stuff. Cost more than online.

Checked countdown as they were next door and they didn't have any (is it pharmacy only?).

I've never seen the bigger bottles in a shop, but the bigger bottles are fairly new I think so maybe in time? Yes, buying at a shop is generally expensive than on line although Countdown (new shop with a pharmacy in the middle) had it for $18.99 in Wellington.

[simla]

Went back to Pak and Save Kilbirnie, and they'd sold 29 litres in two days. Gourmet's revenue will be interesting reading in a few months. And the roulades seem to sell pretty well too, and are increasingly available here.

Will it be another interesting week for the share price? Despite the apparent rout on Friday, very few of the 1600 shareholders can have made purchases so far - if they intend to, that is. Plus way too early to pick a trend at this point surely?

[emearg]

That seems like pretty good sales to me. Especially for that shop (less affluent catchment than some I would suggest) and the varied weather we have had the past few days. Not exactly summer today! I would expect sales in some other shops to be better. It would be fascinating to do a stock take in New World Chaffers and Thorndon Quay. Lots of rich buggers in those shops!

Yes the revenue figures will be interesting. But of course the real question is can they sell it profitably? Will it be too early to tell considering they are expanding the distribution network? How much of that cost does Blis carry versus their distributor?

[simla]

Sorry, Emearg, but I just realised the data may not have meant 29 litres, but could have meant other sales too. It's quite hard picking supermarket sales levels! (ie. just ignore my estimate this time please.)

[GR8DAY]

......more very good news just released for Blis!!

[pierre]

GENERAL: BLT: FSANZ clears the way for BLIS M18 probiotic use in foods

FSANZ clears the way for BLIS M18(TM) probiotic use in foods

BLIS Technologies Ltd (NZX:BLT) is pleased to advise that it has received a
written acknowledgement from Food Standards Australia New Zealand ('FSANZ')
that its new probiotic, BLIS M18(TM) is not considered by the authority to be
a Novel Food in either Australia or New Zealand. This enables the BLIS
M18(TM) probiotic to be used directly in food applications such as yoghurt
and beverages, in Australia and New Zealand bypassing the demanding and
formal "novel foods" application.

By definition, a novel food is a non-traditional food that has no sufficient
history of safe use and so in making this declaration, FSANZ have
acknowledged the intrinsic safety of the BLIS M18(TM) probiotic in humans, as
well as the safety of the species and the strain that BLIS M18(TM) originates
from.

Novel food ingredients however, can be sold in Australia and New Zealand but
only after they have under gone a rigorous risk and safety assessment by the
researchers and food scientists within FSANZ. Once assessed and deemed to be
safe, these novel foods are then added to the novel foods list, which makes
up the Novel Foods Standard. Only food ingredients that appear on this list
or have been assessed prior to be a non-novel food ingredient (such as the
BLIS M18(TM) and BLIS K12 probiotics) can be legally sold as a food
ingredient, in either Australia or New Zealand.

Dr Barry Richardson, CEO of BLIS Technologies said today, "We welcome the
finding by the Advisory Committee on Novel Foods to indicate the 'non-novel
food' status to BLIS M18(TM). This probiotic, like its partner product BLIS
K12, has an exceptional safety record and has been part of our food supply
for a long time. This decision from FSANZ will now enable us to discuss the
application of both these probiotics with food manufacturers who are seeking
to assist with their consumer's oral health and to fight tooth decay in
children"

More good news - and it's added another couple of points to the SP.

[simla]

Yes. https://nzx.com/companies/BLT/announcements/232121

"will now enable us to discuss the application of both these probiotics with food manufacturers". For some reason I hadn't considered their offering K12 and M18 to other manufacturers in NZ/Aus, having just assumed BFF would run with it. But obviously potentially a good idea. Same old plan of others having more bucks for marketing etc?

[GR8DAY]

.......now they can maybe piggy-back with the big (possibly VERY BIG) boys. What a fantastic marketing advantage for the BIG BOYS to add a proven probiotic to their product(s)??? This may be the turn around tool BLT has been waiting for. I hope for all you long term Blis shareholders this is in fact the case........you deserve it!

[GR8DAY]

.......that should be "long-suffering" sorry!

[simla]

I'm thinking that all those people who bolted out the door last Friday at 2.0 to 2.2 are probably scratching their heads at the moment. Very hard to say what will happen next, but (1) you sense a real buying pressure at present (or I do anyway), and (2) Blis have many irons in the fire that may well produce some results this year. Against that is whether Blis can turn in another disappointing sales revenue in the coming 12 months. Well, yes they can, but surely the odds diminish all the time? We'll see. An interesting time in any case.

[Chippie]

It will be interesting to see who is buying. It looks like they are pretty keen.

[GR8DAY]

Ah yes Simla.....my hand is up. I was one of those last Friday......couldnt resist a quick 56% gain (in 2 days) after my "Gut-O-Meter" said BUY (at around 1.5c). When it comes to selling I disregard the "Gut-o-Meter" and listen to the Bank Manager(wife)......she said "SELL for God's sake, Ive seen a new dress!!" Naturally I jumped and took her advice.......she a BIG HEifer tis my wife.

Fortunately the "Gut-O-Meter" kicked in again very quickly, letting me know I had made a (BIG) mistake and bought them all back!! (PLEASE DON"T TELL THE BANK MANAGER)


3.5c tomorrow??

[GR8DAY]

>>>>>>welcome aboard MOOSIE. Yes gotta have a bit of FUN along the way.!! I think with this latest announcement 3.5c is very "do-able" for tomorrow.......jst think of the poor sods who were paying over 10c many many moons ago and still hoping for a SP recovery. Ive been in that position a few times (pre working GUT-O-METER of course) so I hope the SP keeps getting closer to that for their sakes if nothing else........and ours of course!

[simla]

Yes, but a lot have also supported the company consistently. The conversion last year went through at 1.3 cents and the last issue at 0.7, so people who have continued to support the company like me (because of reading those long reports and seeing a lot of sense in them) certainly haven't an average purchase price anywhere near 10 cents. The gain won't be real until underpinned by revenue, but I do wonder if maybe Moosie is right that there might be a bit of a corner being turned here?

[GR8DAY]

.......THAT LITTLE "HUMP" AINT WORTH A LOTTA MONEY TUMERIC........a keen buyer could take the lot out without much trouble.........hmmmmmmm "shall I??"

[fungus pudding]

3.5 and climbing. Looks like a bit of a hump here at 3.5 but if it breaches that (and Im no chart analyst it all) but it looks to me like this thing could push on to 4c and maybe even 5c quite quickly. Interested in what others think??

Markets are driven by greed and fear according to prevailing wisdom; so when there's the appetite for a quick gain coupled with the fear of missing the boat - anything can happen. One thin's for sure - logic doesn't come into it.

[GR8DAY]

..........go ya halves mate??

[Dej]

Gordon Gecko said it best - "... Money itself isn't lost or made, it's simply transferred from one perception to another"

As an engineer, that remind me of the law of conservation of energy..

Therefore, again as an engineer, im assuming money = energy.

:p

[Dej]

$ = mc2 then?

So heavy people at the speed of light cost more?

[Dej]

Exackeray! :t_up:

..and theres your physics lessons for today from Doctor Dej. :p

[fungus pudding]

As an engineer, that remind me of the law of conservation of energy..

Therefore, again as an engineer, im assuming money = energy.

:p

Of couse it does. Try having an energy absorbing night on the town with empty pockets.

[croesus]

Ouch ... pleased I held back this morning....Mr 3.5 c will be wondering why he got sucked into the pre trade hype, plenty of potential sellers who got in at sub 2c to come out of the woodwork yet... for a spec I prefer WID.

[simla]

Amusing fact of the week: No sooner had the K12 and M18 melted in my mouth than I was breath tested. Happy to report that Blis's miracle properties do not include causing false positves!

Also, Thorndon now sports seven flavours in the flat pack, with White Chocolate & Raspberry, and Vanilla Bean, having joined the Brandy Snap in this format, along with the four probiotic flavours. Interestingly this involves the supermarkets having invitingly large stocks. Thorndon only have 5 of each, but still that is a stock of 35 on display. By comparison, Kiilbirnie stocks 42 in just 2 flavours (and I am sure this time that they've sold 8 litres in this week of truly atrocious weather here.)

[croesus]

Good for you Simla, never met a Shareholder more faithful.. your a Grey Friars Bobby .. of the NZ share market... " they've sold 8 lit-res this week " your quote.............. spare me ( the hysterical laughter )...take my advice... take your money from BLT .. put it in a stock with real prospects.... Like WID

ps... not being horrible ... as above... wish you all the best, and if BLT beat WID in 3 years time... promise to buy you a bottle of Rum, Chardonnay etc etc

Best Regards

[simla]

It's all in the maths my friend. Small facts can lead to big conclusions. I put up facts in my arguments but those who rubbish the company seldom do, which is curious. But thanks for your kind thoughts.

By the way, Foodstuffs website says they have 680 stores and outlets, don't know how many sell Gourmet ice cream though. There are 52 weeks in a year. The ice cream sells for 7 to 10 dollars. They also sell the roulade for $12 to $15. Seems to me that the number they sell in a week at each store could make a difference. Very hard to estimate with any accuracy of course.

[croesus]

Actually you my be right... " Look after the pennies, the pounds will look after themselves " ....I am not rubbishing.. just being devils advocate,,,

Regards,

[simla]

Don't see why it shouldn't keep up a good steam myself. There's no particularly clear reason for why it's happening anyway, so neither is their any reason to think whatever it is has stopped, if that makes sense. And it's not as if the current share price is in any way spectacular apart from the percentage gains.

The question is whether any of it is related to fundamentals or whether it's just psychological. Could be either, as Blis might be seen as very much more securely positioned than this time last year, or maybe it's just flavour of the month.

If it's fundamentals, I can complete my current reports on ice cream sales by saying Victoria Park sold 3 on Friday and Thorndon 4 on Saturday. Sounds small, but it could add up across a lot of stores, and that was just one day each. Importantly, it certainly illustrates the point that GRAS sales (ie food) can potentially be much easier than supplement sales. I doubt that each chemist in the country is selling 3 or 4 bottles of Blis a day.

Here's to another interesting week anyway.

[emearg]

If it's fundamentals, I can complete my current reports on ice cream sales by saying Victoria Park sold 3 on Friday and Thorndon 4 on Saturday. Sounds small, but it could add up across a lot of stores, and that was just one day each. Importantly, it certainly illustrates the point that GRAS sales (ie food) can potentially be much easier than supplement sales. I doubt that each chemist in the country is selling 3 or 4 bottles of Blis a day.

While people can mock the sales they should keep in mind that 3 or 4 units a day is more than a lot of products sell. People seem to have this idea that all grocery items fly off the supermarket shelves and are constantly being restocked. Having worked at a popular busy supermarket in a large suburb for almost ten years as a much younger person I can assure you that other than milk and bread not much else flies off the shelves. Even mainstream brands like Tip Top icecream sell in relatively small numbers. Much more than the Gourmet Ice Cream of course, but still not as much as many would think.

What is important and what will make BFF a success is selling some units or a regular basis in a large number of shops. Ideally in multiple countries. Their intent has always been to take BFF to the world, starting with Australasia. So...how long until BFF start selling into Australia? And beyond? In theory they now could into the US, Europe etc. Lack of capital prevents rapid expansion. A bigger player may decide they would like a probiotic ice cream in their range and a partnership may be formed. Or a licencing arrangement? Both these options have been mentioned before, but in a non specific manner.

How long will it be until M18 is added to BFF's ice-cream range?

It seems to me having reviewed several of the past few years presentations and reports that various goals have been ticked off one by one by the new management team (Barry and co.) and 2013 may be the year when it starts to pay off...

[brucea]

An article from the NZ herald today about overseas research on ways of maintaining healthy teeth - would have been an ideal article to publicise M18!! http://www.nzherald.co.nz/lifestyle/news/article.cfm?c_id=6&objectid=10859771

[winner69]

Ok, I've been a skeptic for some time now, but I'm prepared to suspend disbelief and take a closer look. I remain unconvinced that it is going to be a great performer, but I have seen some signs that the company may have turned the corner and is starting to commercialise its IP.

And so you should sparks

Just do the sums on the ice cream alone

Sim says foodstuffs has 680 stores .... Progressive has 165 countdowns and runs the franchise for another group ..fresh something

So lets say 900 outlets ...can't count corner dairies as a corner diary size business would not sell to corner dairies would they

Graeme would be happy if 5 units were sold a day ... Thats 1.6 mill units ...lets discount for being too optimistic to say 1 mill units ...BLT make 2 bucks a unit ...and heck just 2mill profit from ice cream alone ...in nz before conquering the world

1mill units maybe about 7 mill in sales ..... Tip top wouldn't notice the impact

Then again prob the sums are a totally understated

current share price reflects the value of the business without icecream and the other opportunities for the stuff as an ingredient ......buying bliss today gives you a icecream company for free

When u available sparks to hop on plane and visit the C-suite with me?

[simla]

Emearg upbeat? Sparky interested? Winner positive?

Damn, that means I'm just dreaming this is happening.

[skid]

Does anyone have any research about summer vs winter on ice cream sales?

[emearg]

Emearg upbeat? Sparky interested? Winner positive?

Damn, that means I'm just dreaming this is happening.

Nothing like a nice shandy with your cornies :)

Slightly more upbeat as the rising share price should make it easier to raise more capital when required next year. This means Blis is less likely to fold. That is good as it should allow Blis to achieve their goals. These things take time to grow. Watch the punters buying PEB learn that lesson this year...

[Nigel]

GENERAL: BLT: Interest on the rise (Fake press release, intended for humor only)

BLT
21/01/2013 09:53 (Actually, this hasn't been released; it's just made-up)
GENERAL

REL: 0953 HRS BLIS Technologies Limited

GENERAL: BLT: Interest on the rise (Headline may not be a true reflection of reality;
this whole post has been fabricated for the purpose of humor only)

BLIS Technologies Ltd (NZX:BLT) is pleased to advise that interest in its company is
increasing. (See disclaimer above)

Investors have flocked to purchase shares in BLIS in recent weeks, its resurgent
share price rocketing from around 1c to 3c in the space of two weeks. Even long-term
skeptics, like Sharetrader's "Sparky The Clown" have changed their tune. "I have seen
some signs that the company may have turned the corner and is starting to
commercialise its IP", writes Sparky The Clown. (This quote is true, however the first
sentence of this paragraph is merely a rough paraphrase of recent market activity)

Dr Barry Richardson, CEO of BLIS Technologies said today, "We welcome the
renewed interest in out company. I've noticed an improved commentary from the
likes of "Winner69" and even "emearg", so things are definitely looking up." (This quote
did NOT come from Dr Richardson; it has been inserted for humorous purposes only.
Dr Richardson has not seen this quote nor endorsed it.)

About BLIS M18(TM)
BLIS M18(TM) is an oral cavity probiotic, which has been shown to support the
teeth and gums. BLIS M18(TM) is able to protect itself from other invading
bacteria by secreting specific short-chain proteins or peptides known as
"BLIS" (Bacteriocin-Like-Inhibitory- Substances). (This section is largely taken from a
previous BLT press release and I believe it to be accurate).

YOUR CONTACT:
Nigel
c/o www.sharetrader.co.nz

End CA:00232129 For:BLT Type:GENERAL Time:2013-01-21 09:53:30
(As mentioned above, this press release has not actually been released. It was not
prepared by Blis Technologies Ltd and is for the purposes of entertainment only.
It should not be interpreted as financial advice.)

[simla]

Blis will be hoping for a lot more than just ice cream sales in NZ. I follow those because they seem potentially pretty useful short term cash flow, and yes I don't see why they shouldn't make some useful profit just here in NZ, and because it's a bellwether for what could happen in GRAS sales generally around the world we hope. But in GRAS they will be hoping for much bigger markets in yoghurt I would have thought, and also I'm sure they're eyeing things like chocolate milk etc. So I'm not trying to imply the Blis profit is anchored in ice cream sales in NZ. I just find it useful info, that's all.

[winner69]

So 20 litres per head is 88 mill litres pa ..... 1% share is nearly 1 mill litres .. 2% share is 2 mill litres

So my earlier est not much share of the ice cream market eh for bliss

Do they sell that maggie beer stuff in nz ...if not she could endorse gourmet and then it would fly off the shelves

[simla]

Classic, Nigel!

[winner69]

GENERAL: BLT: Interest on the rise

BLT
21/01/2013 09:53
GENERAL

REL: 0953 HRS BLIS Technologies Limited

GENERAL: BLT: Interest on the rise

BLIS Technologies Ltd (NZX:BLT) is pleased to advise that interest in its company is
increasing.

Investors have flocked to purchase shares in BLIS in recent weeks, its resurgent
share price rocketing from around 1c to 3c in the space of two weeks. Even long-term
skeptics, like Sharetrader's "Sparky The Clown" have changed their tune. "I have seen
some signs that the company may have turned the corner and is starting to
commercialise its IP", writes Sparky The Clown.

Dr Barry Richardson, CEO of BLIS Technologies said today, "We welcome the
renewed interest in out company. I've noticed an improved commentary from the
likes of "Winner69" and even "emearg", so things are definitely looking up."

About BLIS M18(TM)
BLIS M18(TM) is an oral cavity probiotic, which has been shown to support the
teeth and gums. BLIS M18(TM) is able to protect itself from other invading
bacteria by secreting specific short-chain proteins or peptides known as
"BLIS" (Bacteriocin-Like-Inhibitory- Substances).

YOUR CONTACT:
Nigel
c/o www.sharetrader.co.nz

End CA:00232129 For:BLT Type:GENERAL Time:2013-01-21 09:53:30

Jail for my mate ...that's worse than that greenies and Whitehaven hoax


Please act responsibly .....some on sharetrader believe everything ...p the younger new members

[Nigel]

Please act responsibly .....some on sharetrader believe everything ...p the younger new members

Hmmm... maybe the "Um, just to be clear, the following is completely fictitious..." subheading wasn't clear enough? I'll make it a bit clearer....

[CJ]

Commercialisation is the key for these guys and they need to get a few more runs on the board.

I am a bit confused as to why they chose ice cream rather than yogurt. It is a hard sell to get people to eat ice cream regularly as a 'health supplement' but people already do that with yogurt (ie. those little pre and probiotic bottles).

[emearg]

Hmmm... maybe the "Um, just to be clear, the following is completely fictitious..." subheading wasn't clear enough? I'll make it a bit clearer....

You would only be confused if you couldn't read. But if you couldn't read how could you be confused?

[Nigel]

Please act responsibly .....some on sharetrader believe everything ...p the younger new members

Sorted now. Should be more clear that it's made up :) Doesn't have quite the same flow now, but less likely to put me before the courts.

[Dej]

You would only be confused if you couldn't read. But if you couldn't read how could you be confused?

Im confused...

:eek2: :p

[winner69]

Sorted now. Should be more clear that it's made up :) Doesn't have quite the same flow now, but less likely to put me before the courts.

Just taking the mickey mate ..... mainly at those who are so precious about such things

[emearg]

Your original press release today obviously worked Nigel! Up 17% today

[GR8DAY]

Better sell EMEARG b4 for the traders move in again and do their usual !!

[emearg]

Better sell EMEARG b4 for the traders move in again and do their usual !!

I'm not for sale.

[CJ]

Still seems to be quite a few people willing to buy at ~3.5. Think the sellers are cottoning on that the shareprice is going to be driven up regardless though. Looking for a (modest) target of 3.5 cents for weeks end.What I find interesting is people are selling at below 3.5. The price keeps going up to this, then profit takers drive it down - why not just wait till it comes back up again??

[Nigel]

Still seems to be quite a few people willing to buy at ~3.5. Think the sellers are cottoning on that the shareprice is going to be driven up regardless though. Looking for a (modest) target of 3.5 cents for weeks end.

Hi Moosie,

What do you base your price target on?

I'm a little anxious that we're all getting a bit carried away on the 'potential' of sales, when we still may be some time away from realizing the vastly-improved revenues that we're anticipating. There's also a lot of shares to come back on the market after the "minimum holding" exercise plays out.

Rather than continuing it's recent ascent, there is perhaps just as much chance that the share price may head backwards this week! Who knows?! There are some pretty big swings either way - it's really hard to predict at the moment!

[brucea]

Fair comment as I eat yoghurt every morning - however with ice cream I eat that every night!!! The yoghurt ice cream I mean...
You would only be confused if you couldn't read. But if you couldn't read how could you be confused?

[emearg]

I think it is impossible to know where the share price should be.

3 cents values the company at 20 million. Is this reasonable? Is it too high or too low? Based on potential it is far to low but based on revenue/profit achievements so far it seems far too high.

If we compare it with PEB it seems low. PEB has a market cap of $175 million and no sales. But loads of potential. Just like Blis did a decade ago. Just like Blis does now.

How to accurately value either company? Your guess is as good as mine. I don't have a guess to contribute.

[skid]

If we compare it with PEB it seems low. PEB has a market cap of $175 million and no sales. But loads of potential.

Not true -PEB has been on the market in Australia since June so it has surely had sales- But they have not told us what they are

[emearg]

If we compare it with PEB it seems low. PEB has a market cap of $175 million and no sales. But loads of potential.

Not true -PEB has been on the market in Australia since June so it has surely had sales- But they have not told us what they are

Yes sorry I (slightly) exaggerated! They had revenue of 11k in the six months to the 30th of September. Is that ALL from Aussi? This is why I am sceptical about how quickly PEB will grow. But I can express this thought (again) over on the PEB thread.

So does PEB make Blis look cheap or just make look PEB look expensive or both? Dunno and it doesn't really matter.

Looking at the sales today it is pretty obvious most (80%) aren't driven by the need to top up:


3.2
53,074
13:22



3.1
43,700
13:22



3.1
6,300
13:07



3
100,000
11:42



3
76,667
11:30



3
35,000
11:27



3
15,000
11:09



3
73,333
11:06



3.4
65,526
10:26



3.4
20,000
10:26



3.3
50,000
10:21



2.9
64,474
10:09



2.9
75,000
10:06



2.9
50,000
10:06



2.9
50,000
10:06

[brucea]

Emearg, I WILL try that Blis ice cream as soon as I can organise myself to get to the supermarket in the city that sells it.... I believe it is low fat which will be good

[GR8DAY]

.....well I cant see the SP going anywhere for a while (apart from down maybe), over 3,000,000 for sale now at 3.5c or less!!

[croesus]

Quite a volatile.... I have a buy order in at 2.5c for 230,000....very hopeful of filling it

[CJ]

.....well I cant see the SP going anywhere for a while (apart from down maybe), over 3,000,000 for sale now at 3.5c or less!!There are a lot of sellers at 3.5 (2m of your 3m) which is the barrier that needs to be pushed through. Remember that 3m shares is only $100k - that's only 20 buyers wanting a small holding of $5k (which if you buy any less, what is the point!).

3.5 will be hard to break as my guess is others may jump in and profit take if holds up there for a while.

[GR8DAY]

.....yep Croesus you've probably pitched that order about right I think. With the 3mill overhanging the market now they could just start drifting south for a while.......but then what would I know??

[CJ]

Quite a volatile.... I have a buy order in at 2.5c for 230,000....very hopeful of filling itNot sure many will want to sell that low, given there have been plenty of opportunity to get out higher than 3c.

The biggest risk is the overhang of the forced sale of small shareholders. It will be interesting to see how that is managed, or if they are just dumped on the market. Is there any history of this for such an illiquid stock?

Just did the calculation: 170,825,655 x 1.73% (representing the small shareholders) = 2,955,283 shares or about $100k worth in the 3c range. Not as bad as I though as I assume some would top up and some would donate to Curekids who will probably hold them for a period of time.

[garfy]

Ok, I've been a skeptic for some time now, but I'm prepared to suspend disbelief and take a closer look. I remain unconvinced that it is going to be a great performer, but I have seen some signs that the company may have turned the corner and is starting to commercialise its IP.

I am very definitely in accord with SparkyTC. I have been a skeptic for some years, but over the past decades I have been seriously reconsidering the whole question re probiotics.

With reference to dental decay - 1) If you didn't eat, you would die - with perfect teeth - teeth are seriously affected by what you put in your mouth. 2) If there were no bacteria in your mouth - impossible - you would have perfect teeth. The relationship between teeth and diet has been known, and 'taught', for years - the bacterial flora is influenced by what you put in your mouth. To be brief - a sweet diet encourages sweet-eating bacteria, the more you feed them, the more they thrive, and the end-product of these bacteria is acid. The pH of saliva from a sweet-eater is very low - very acidic - and that acid etches into the enamel in a mainly chemical way. A low- or no-sweet diet starves the acid-producing bacteria, reducing very markedly the amount of acid produced orally, and the chances of dental caries incidence is very largely reduced, if not totally. The 'perfect' diet does work.

One other way of approaching the problem is to alter the types of bacteria in a mouth - using 'safe' bacteria - probiotics. Whilst I do not believe they would be affective in high sweet diet, I do now favour the idea of helping a good average diet with the addition of 'friendly' bacteria, literally shutting out the acid-producers, firstly by starving them, and secondly by crowding them out. From a dental perspective I do believe these products would be effective.

For throat, and bad-breath - again, this product deserves some thought.

So, having put my money where my mouth is and bought a modest (by some standards) parcel of shares, I do hope this company does well - not just for my pocket, but if you saw the front page of the Sunday Star Times..... The scourge of dental decay is returning.

How to put this product forward to the public.... I certainly am not convinced by little blue bugs dancing on a seesaw, even although it does get the idea across.

And who wants dentures anyway.

garfy

[neopoleII]

well, i been reading the great new and massive rise in sp and all the hype that has surrounded blt for the last week or so and i have sat on the sideline figuring out what going on.
so here is my cynical view.
i wasnt that long ago that the sp was around 4-5 cents. then the board..... who work for us the shareholders...... wanted to delist. why? some say to save money.
i think to make it easier for the major sh to acquire more shares to take over point without making ssh notices.
so that failed....... and the sp plunged by 75 % in a very short time just as the options were due and the majority sh got himself a massive number of very cheap conversions.
so post conversion... one entity hold close to take over share of the stock...... and low and behold our dear board decides in the interest of shareholders that those with under 20000 shares have to top up or be dumped from the registry. so those that wish to top up have to fight for the small percent of shares available on the open market.
those that dont care and will lapse will be soaked up by the majority holder.
in my opinion it seems that the board is making decisions to favour the majority holder while leaving a door open for the smaller punters to make it all "fair business like"
so we have a $20mil company with 500k turnover and 1million plus loses year in and out....... and a registry being diluted at at a large percentage.
the board have also stated that they need more cash in the coming months.
so.... why the sp rise we are seeing now?
speculation by traders?...... small numbers mean small profits.
hopeful dreamers? .... maybe..... penny dreadful stuff.
loyal holders from the 1 dollars days topping up..... more than likely.
the majority holder "pushing and pulling the sp"?
the company is on to a big deal and the news is has leaked out?.... lol
something is going on, and my guess is the original shareholders and the newbe holders will be the last to know.
my "gutometer" is reading stinkypoo.
time will tell when the new list of shareholders comes out after the cull.
the real test of value when the board askes for a new cash injection in several weeks.

ps..... still hold.
still like the products.
still dislike the board and its games
these are my views only and since i use the annual reports to light my fire, i would not use my views to buy or sell these shares, but i have been a holder for over a decade and see things others might not.

however a rising sp is increasing my value...... even though on paper only. whats 3/4 of a billion share times 23 cents worth? thats my breakeven point.... and exit....lol

[neopoleII]

i tried to work out the value of the number of shares on the registry times 23cents, but my calculator cant handle the number of shares, so with pen and paper and a beer i got somewhere near to $160million. this would equate to massive world wide sales. so it is possible...... but not in the near term...... which means more dilution in share volume in the near term.
look forward to seeing results in a couple of months.
till then back to the sidelines for me.

[CJ]

Here come the sellers!A couple more at 3.4c which is nothing more than profit takers. Given people topped up at 0.7c, that quick profit must be hard to resist (5 bagger).

Starting to think it will take some good news to push through the 3.5c barrier as without it, profit taking will hold it back

[winner69]

in spite of the hype aren't we really only talking about $40k of trades on a good day ..... when SUPERLIFE take an interest we will know bls have hit the big time

[CJ]

in spite of the hype aren't we really only talking about $40k of trades on a good day ..... when SUPERLIFE take an interest we will know bls have hit the big timeExactly - not updated since my posts yesterday but it would only take $100k to take out all sellers to 3.5 and another $100k to take out all small shareholders. A few more sellers today but still not huge.

Lets hope at the next capital raising (I assume there will be another one, if not it is underpriced), that they get Superlife, Pie or Milford to chuck in a reasonable amount to give the company some validity.

[GR8DAY]

.......anyone know how much cash (if any) they have in the bank at the moment. ie when are they going to need a top-up??

[emearg]

Last top-up with share placement: https://www.directbroking.co.nz/DirectTrade/dynamic/announcement.aspx?id=3201558

Cash is at $359,000 from last report, so going to need that placement in March if they are to avoid going under...

The report you refer (6 months to 30 Sept) to doesn't include the money raised. The capital raising was completed in mid October.

They have enough cash for a while yet.

[winner69]

with all those icecream sales no need for extra cash ..... as long as you don't expect a divie as well

[GR8DAY]

.......thanks for that EMEARG

[simla]

with all those icecream sales no need for extra cash
Yes, but when? Certainly worth hoping though.

[croesus]

Don't like the look of the 1 month Chart.. ( double toppy ) and todays lack of volume... will change my buy order to 2 c.

Cheers.

[emearg]

Don't like the look of the 1 month Chart.. ( double toppy ) and todays lack of volume... will change my buy order to 2 c.

Cheers.

There doesn't appear to be a great rush to sell at any price. The people aiming for more than 3 cents seem to be holding their ground.

2 cents seems optimistic but who knows? But then again why not drop it to 1 cent for a real bargain?

[croesus]

No.. that would be silly emearg.... I think 1 c is way to cheap...

well moosie and turmeric we will see.... charting is not a exact science... but bare in mind...the recent cash raising...

good luck to all.

[skid]

Also PEB has gone into hibernation which probably isnt helping if the hype has worn off from them

[winner69]

prob the punters who got bored over the holidays and had a flutter on the stock market have either gone back to work or found that the real TAB or casino is more exciting ... the dollars involved made it look like the dollar each way punters .... no body serious .... just those in for a bit of fun ... happens this time every year

[winner69]

punters are losers anyway
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10860623

[blobbles]

PEB is consolidating and will probably see more sliding at low volume until another announcement comes out.

I've sold out for now, better things out there since the volume is sliding and the risk is too much compared to gains. Shorn my sheep and taking my wool. Good luck to other holders!


Maybe you guys should be on the PEB thread?

[skid]

There is a psychological link between BLT and PEB,but fair enough--nouf said

[emearg]

There's a physical one too. An elevator and a set of stairs. They both hail from the Uni of Otago's Centre for Innovation.

I hope PEB produces revenues and profits quicker than Blis! Fingers crossed...

[emearg]

My prediction for 2013 is that we will see yogurt products launched in the US. I make this prediction having re-read Blis documents released over the past year or so.

Should that happen 3 cents per share is going to look very damn cheap. Check out ATM and it's market cap of 336 million. Huge potential with that company as they are successfully selling their products to a growing customer base globally. If Blis gets into the yogurt game in the US, or ice cream in the US I think they will be re-rated in a big way.

Ultimately this is what Blis has been working towards for the past 5 years and as I noted recently they have been ticking off the boxes one by one regarding local approvals, safety studies, efficacy studies, partnerships etc.

[CJ]

Emearg - that is the kind of product they need to get into.

I wonder if they should go it alone (be the manufacturer or contract manufacture) or whether they should just licence to the likes to Nestle?

Up so far today - buyer at 3c and no sellers till 3.3.

[simla]

My prediction for 2013 is that we will see yogurt products launched in the US. ... If Blis gets into the yogurt game in the US, or ice cream in the US I think they will be re-rated in a big way.

Yes, I've felt the same about the yoghurt intentions. But the comparison with ATM is way more open. If BFF ends up a supplier of food, then yes and an interesting opening. But if they stick to selling ingredients then a different outcome. I haven't seen Blis say anything that makes it clear which way they want to jump with BFF. Have you?

They don't have the capital to be a major food supplier (but that could change later with success) but they obviously would be aware of the margin difference in exporting the ingredient vs the finished product. There is also the middle ground of selling a finished product for rebranding. And I can't see any reason why they wouldn't be shipping Gourmet dirrectly into China given they have the product and NZ has a great repuation in China. (Indeed, given the price Chinese seem willing to pay for NZ dairy, it could be hugely profitable.) Against that, Blis has a history of trading market opportunituies to companies in return for marketing expenditure, although we don't know how good the payoff for that has been to date. As I say, I haven't heard Blis say anything to help us judge their intentions. Have you?

[simla]

or whether they should just licence to the likes to Nestle

Just! Um, I think getting major multinationals to back your product is thought to be a little work! But, yes, that's the issue. Blis has mentioned approaching multinationals for some years, and they hint they are getting some success, but no detail I believe.

[CJ]

Just! Um, I think getting major multinationals to back your product is thought to be a little work! But, yes, that's the issue. Blis has mentioned approaching multinationals for some years, and they hint they are getting some success, but no detail I believe.Didn't Nestle do a scientific study on them recently?

Nestle might be a bit optimistic but they should have a sales person camped out at Fonterra!!!

[Nigel]

I agree emearg - if they can finally get sales going, then the possibilities are endless. My only concern is that the improved revenues may still be some time off, and in the near-term we have the small issue of all of the compulsorily-acquired shares being sold on-market.

Depending on how many shares need to be sold (which could be anything up to 11,500,000 if no-one has topped-up or sold their impacted holding - circa $350k at 3c a share), this would likely have a significant negative impact on the share price. However, we don't know how many shares will need to be sold off, so it's really a bit of a wait-and-see game.

[emearg]

Just! Um, I think getting major multinationals to back your product is thought to be a little work! But, yes, that's the issue. Blis has mentioned approaching multinationals for some years, and they hint they are getting some success, but no detail I believe.

Just indeed! We are only talking about the biggest food company in the world!

[emearg]

Didn't Nestle do a scientific study on them recently?

Yes on kids. It didn't come to anything (reasons not disclosed).

They are doing another on the elderly.

[emearg]

My only concern is that the improved revenues may still be some time off...

Yes but if we are talking about yogurt the good news is that it only keeps a month or two (unlike lozenges) so cashflow could benefit from such products. The yogurt producers would need to buy K12 on a regular basis which would be beneficial for Stratum, Blis, and Fonterra (who as I recall produce freeze dried K12 for Blis). I say this thinking it is unlike that the yogurt make would stockpile substantial amounts of K12

[simla]

compulsorily-acquired shares ... anything up to 11,500,000 ...a significant negative impact on the share price
I don't think we need assume that. For a starter, current sales are about a million shares a day, so we don't have to assume that will overwhelm things. Also, who is to say one party won't be keen to take out the lot if it's arranged by a single broker? Also many of the current trades now are bigger than the 10,000 shares many of these people might want, but if you decide to back the company you probably aren't going to stick at a couple of hundred dollars. And if these people haven't sold in all this time, it might be reasonable to assume they are biased towards wanting to own. Plus we don't know how many of these trades are already off the block. Also most of the under 25k people's shares could be from people who own say 20k, and so little trade is required and the rest don't own that much?

In short, it doesn't follow that selling 1.73% of the company is going to affect the share price negatively if they sell, but it does follow that a large number of people topping up would - ie. more bias to up than down?

[CJ]

I wouldn't be surprise if the likes of Milford have been in contact and said they are interested in taking any large parcels that come available (ie. the 11,500,000 overhand), provided the price doesn't get to expensive.

Even if this doesn't happen, I am sure the executive will find some buyers to ensure that they aren't dumped on the market, pushing down the shareprice - note that they dont have to be sold on market; they just have to ask for an exemption from NZX who likewise, wont want to see a price plummet. The only buyer they would probably turn down is any of the existing significant holders.

[emearg]

BLT
24/01/2013 08:57
GENERAL

REL: 0857 HRS BLIS Technologies Limited

GENERAL: BLT: BLIS Technologies appoints broker

24 January 2013

BLIS Technologies appoints broker

BLIS Technologies Limited (BLIS) has appointed First NZ Capital Securities
Limited (FNZC) to facilitate the sale of shares pursuant to the Small
Shareholding Plan (SSP) announced on 21 December 2012.
FNZC will be advised of the aggregate number of shares to be sold pursuant
to the SSP by our share registrar LINK Market Services Limited (LINK) on 21
March 2013 and will transact the sale through the NZX for a fixed fee.
Upon completion of the transaction, LINK will allocate the net proceeds
pro-rata based on the number of shares transferred and remit proceeds to
individual holders. The proceeds received by shareholders will depend upon
the market price prevailing on the NZX in late March.

Barry Richardson
Chief Executive Officer
End CA:00232280 For:BLT Type:GENERAL Time:2013-01-24 08:57:11



Fixed fee would indicate the broker will dump them as quickly as possible at whatever price can be achieved. Not ideal but considering the relatively small number (still to be determined) I don't think anybody needs to panic.

[GR8DAY]

.......started dumping already by the looks.........back to 13th spot in the competition me thinks!! Boo hoo.

[CJ]

Yup, 1 large truck full of shares on its way to the dump! Yep

I wonder if they will inform the market of when it will happen or will we only know after the fact? I assume FNZC will tell there clients to put in a checky bid just before they dump on the market?

[GR8DAY]

.......you're now sounding like you've bought back in Moose??!............better make your mind up mate.........are you cumn or are you goin!! LOL

[GR8DAY]

.........2.5 sounds better to me moosie. Not liking the sound of this "dumping" talk..........be careful mate!

[GR8DAY]

.........know what you mean. Think Ill go catch some snapper!!

[croesus]

Sold the last of mine.....this broker dumping... could cause some carnage.

disc buy order at 2c

[emearg]

Sold the last of mine.....this broker dumping... could cause some carnage.

Why the big panic? Small holders have 2 more months to buy more, donate or do nothing. The do nothings will end up on the market in late March. That is a long time away!

The shareprice may double between now and then. You wouldn't be happy then would you? And doubling is possible considering it has gone up more than three times since 2 months ago.

Why panic now? Sell out in mid March if you think the price will fall and buy back in after the 'carnage'. Well that is my opinion anyway...

[croesus]

Not panicking... made the decision that selling at average 3c approx... I can get them back for 30% less... in the next little while but even if I get them back at 2.7c I will be happy....

[simla]

Nobody seems to be in a hurry to sell out except the profit takers. Which maybe means the profit takers are responding to their own signals?! We'll see.

Meanwhile, overseas doesn't close down for Christmas as we do in NZ, so each passing month must carry the possibility that Blis is making useful progress. Still an interesting situation.

[CJ]

Nobody seems to be in a hurry to sell out except the profit takers. Which maybe means the profit takers are responding to their own signals?! We'll see.It does make you wonder how many of the transactions we see going through are small holders topping up or (if small) the small shareholders selling out, with a few traders in the mix to keep it rangebound between 2.8c and 3.4c.

[simla]

Many of us are quite comfortable as long term holders, despite the confusing news of the last two years. The company rigorously pursues a logical course with effectiveness, and the products are good.

[emearg]

Any update on sales Simla? I'm interested as I am sure some others are. Cheers

[simla]

Sorry, Emearg, I was just reporting before as I hadn't for a while. But I'd be interested in someone in Auckland or other northern points updating us. And I'd be interested in hearing where the roulade is for sale. It seems to sell well around here.

BFF is an interesting proposition. On the one hand the company reminded us in the last half report https://nzx.com/files/attachments/166835.pdf that the entire point of BFF was proof of concept. Yet on the other hand it sells across the country, and they have brought out the non-probiotic packs suggesting they can leverage the brand for revenue. Then there is the question of whether they intend to sell the finished product anywhere else. And then the fact that the chairman of BFF is one of the senior players in the NZ food sector suggests things too, presumably part of the explanation for why the ice ream is attracting customers. And the mention of yoghurt but again little detail.

Then there was this a year ago http://www.voxy.co.nz/business/blis-technologies-targets-global-food-market/5/101629 "definitely see ourselves operating within the global dairy industry in the future; consequently we have been actively engaged in discussions with some of the world’s largest dairy producers, but discussions can only proceed so far until BLIS K12 has its GRAS status”.

And this in the last half report. "While regulatory barriers remain, the achievement of self-affirmed GRAS in the United States, the approval of BLIS K12 as a food ingredient in the Peoples Republic of China and the legal opinion in Europe enabling the sale of BLIS K12 and BLIS M18 as branded ingredients stand out as major milestones for the Company that can be expected to have a profound impact on the future of the Company."

Lots of snippets. Lots of investment into BFF. Yet little detail on exactly what is going to happen with BFF next, or indeed Blis generally.

I asked you if you had seen anything that gave more detail on any of this. No?

[CJ]

Major shareholidng being dumped at 2.9 cents. Bids fleeing the scene. Cue SP correction...3m shares which will put a ceiling on the price for a day or two unless other sellers rush in to push it down. Will be interesting to see what happens to buyers, and other sellers, at opening.

[GR8DAY]

.........or keep topping up mate if your'e a true believer??!

[GR8DAY]

......woa!........what a buy opportunity.........someone's gona regret that in the future i believe........they are gonna feel sick if/when they head back over 10c ah? Might just be a fund manager re shuffling things??

[simla]

Just asking, you understand. But how do you tell the difference between "being dumped" and "rattling the cage"?

[GR8DAY]

.......THIS INDEED CUD BE SOMEONE "RATTLING THE CAGE" AS YOU SUGGEST SIMLA.........maybe trying to force the price down just to set the sell price lower for that upcoming sale of "small parcels" ( to be bundled into larger parcels I believe)???..........then of course buy back at a lower price. Then again it cud just be a major investor wanting/needind a larger launch, like myself (no it's NOT me)

[GR8DAY]

........no panik selling at this stage?.........hmmm.......maybe current BLIS shareholders are now maturing into liking the future prospects of their company?? (FINALLY)

[Nigel]

.......THIS INDEED CUD BE SOMEONE "RATTLING THE CAGE" AS YOU SUGGEST SIMLA.........maybe trying to force the price down just to set the sell price lower for that upcoming sale of "small parcels" ( to be bundled into larger parcels I believe)???..........then of course buy back at a lower price. Then again it cud just be a major investor wanting/needind a larger launch, like myself (no it's NOT me)

It's a pretty big rattle! And buying depth is pretty much non-existant back to 2.5 cents. If 'fear' sets in, then 2.0/2.1 cents is the next stop. Feeling slightly anxious right now. Who's got a spare $120k to take out the shares offered at 2.9 and 3c?

[simla]

.......THIS INDEED CUD BE SOMEONE "RATTLING THE CAGE" AS YOU SUGGEST SIMLA.........

I'm not suggesting anything. I'm just interested in how some of you guys who make decisions on the fly decide when it's one and when it's the other. There was a big "sell down" two weeks ago too that didn't seem to come to anything. I'm just interested in how you decide.

[Nigel]

I think some potential (smaller-scale) buyers will take a 'wait and see' approach, now that the 3mil and 1mil sells are there at 2.9 and 3c. It's a pretty daunting overhang right now. If and when that gets gobbled up (it's not often such a large parcel is offered 'for sale' so openly), then buyers will jump back in. Whether the shareprice slides backwards or not will come down to the mindset of existing holders. Do we believe enough in the product/potential etc of Blis to trust the price to hold up? Or are we a little fearful that the shareprice will tumble and want to lock in some of the recent profits? Do we think the upcoming sales figures will be favourable or negative? The 'problem' with Blis is that when it moves it moves quickly. I wouldn't want to sell out and then find it rockets upwards on some positive news. That said, I'm always mindful that it may drop quickly if sentiment turns the wrong way!

(by the way, bought some more M18 this morning. simple ordering process and free delivery worldwide)

[croesus]

I agree with you earlier post Moosie... have a buy order at 2c.. quietly confident

[pierre]

Doesn't appear to be any panic today to sell - or buy - with only 300,000 shares traded this morning. The company's small parcel transaction is still a couple of months off yet (21 March) so there's no immediate pressure on anyone to do anything.

I've been in BLT since 2005 and my total holding is now over seven figures at an average cost per share well below 2 cps. I am happy to continue to wait patiently for the company to turn the corner with increased sales and eventually profitability.

If those goals continue to be far out on the horizon, the next thing to scare the punters will be yet another capital raising in 2014. The company hinted at that in reports it issued in late 2012 but most of those currently trading in BLT probably wont be aware of that possibility.

Meantime it's great to see the overall renewed interest in BLT - and it's not doing me any harm in the 2013 Stock Picking contest on ST either. I'm currently enjoying being in #3 slot and hold all my picks.

[biker]

In my view, after the small shareholder buyout BLT needs a share consolidation and a large capital raising to put it on a sound financial footing and give it some credibility. When and if that happens would be the time to buy.
I Can fully understand holders of 1mil+ shares wanting to get out at around 3c if they can.
Regarding announcements/results from the company, keep an eye out for capital-raising spin.
All only IMHO of course.

[Nigel]

Interesting that the 3m previously offered at 2.9c is no longer appearing. Maybe that seller realised that putting his/her intention out there so blatantly has spooked the horses somewhat (down to 2.5 today, next stop 2.2 if trend continues). The problem now is that there is 'knowledge' of a big seller at 2.9c (even though we can't see the shares on offer), which will possibly create a bit of an invisible ceiling at 2.9c. I think it will take some good news to break through the 3c mark again - anything mentioning Nestle will attract some attention, or some positive revenue figures, something substantial out of China or Europe, or even some breakthrough reserach on the likes of Q24. Owning Blis shares certainly keeps life interesting :)

[CJ]

Yup, someone successfully goofed the market. I see a downtrend forming. 2 cents here we come!I hope they didn't want that launch for Waitangi weekend.

[Nigel]

My guess is that it was the 3m seller who sold a bunch at 2.5c this morning and they will look to sell some more when the bids at 2.5 get high enough. Could be some good buying at 2.5c.

[croesus]

If no good news is forthcoming. in the near term.. plus the need for a cap raising.... my guess s/p weakens to 2c... cap raising at 1.4c... hope I am wrong,, but this stock has a great history of under performing.

disc.. have buy order at 2c

[Nigel]

this stock has a great history of under performing.

I think there is a history of not making a profit, but some of the recent performance has been quite noteworthy. I'm very content with the progress made in the last couple of years (apart from the massively negative announcement shortly before the conversion of preference shares which drove the shareprice down significantly... maybe it was just a coincidence that a large portion of the pref shares were owned by some big players in the BLT world and they happened to acquire a much larger stake in the company due to the low conversion price, and then the unprecidented level of pessimism from said announcement mysteriously evaporated after the conversion, being replaced by the usual optimistic outlook in the next update... probably all coincidence... not that I'm still bitter about it, but it did seem a little odd.)

[winner69]

I think there is a history of not making a profit, but some of the recent performance has been quite noteworthy. I'm very content with the progress made in the last couple of years (apart from the massively negative announcement shortly before the conversion of preference shares which drove the shareprice down significantly... maybe it was just a coincidence that a large portion of the pref shares were owned by some big players in the BLT world and they happened to acquire a much larger stake in the company due to the low conversion price, and then the unprecidented level of pessimism from said announcement mysteriously evaporated after the conversion, being replaced by the usual optimistic outlook in the next update... probably all coincidence... not that I'm still bitter about it, but it did seem a little odd.)

so it is a nice feeling to be raped and pillaged?

[Huskeez]

Haha BLT was my first trade in my life. I was MR 0.035 lol got out today at 0.026... ouch! Many lessons learned though!

[emearg]

so it is a nice feeling to be raped and pillaged?

I think you need to look up the word pillaged in the dictionary.

[Huskeez]

Haha yeah i tryed to anticipate the nzfsa approval news haha but bought in at the high and got stuck at the top!. I honestly thought that news would push BLT to .04... but oh well speculating slapped me in the face with a wake up call! Wish we could have real time trends like every other country :(

[weasel]

Haha BLT was my first trade in my life. I was MR 0.035 lol got out today at 0.026... ouch! Many lessons learned though!

Hey that's not so bad. I bought at 0.35...

[emearg]

What you REALLY want is evidence of earnings growth.

You are sooooo right!!

In the short term I'll settle for an announcement a minor player like Nestle are releasing a yogurt product but yes, earnings are the key!

[emearg]

I don't see any reason to panic about BLT ownership. The share price has fallen back a bit but there is hardly a mad rush to get out based on depth/sales for the last week or two. Considering the price went from .7 to 3.5 in just a few weeks to come back a bit is hardly unexpected. Anybody selling out now could miss the next big rise. Based on the past few weeks it seems it doesn't take much in the way of good news to boost the share price considerably in percentage terms. It would be too easy to sell out in the 2 cent range only to find the share price at 5 or 6 cents next time they come up with something positive. I'm sitting on my hands anyway. Each to their own of course :)

[CJ]

Two big parcels sold yesterday - assume they formed part of the 3m offer so about half of that still to be sold which will keep the price in the 2-3c range for a few more days. Then will be back up in the low three cent range until we get news to burst through that 3.4-3.5c barrier.

[emearg]

Someone going in big at 2.6. Shall see if it gets gobbled up by that 3M seller...

Big volumes buyers will tend to need to bid up to get the volumes required. And big volume sellers tend to need to ask down. So this may push up the price this afternoon?

[GR8DAY]

Kiaora fellow STraders from melbourne....havnt been watchng things for a few days now....when i left nz there was a 3m plus sell overhang......did that get gobbled up by the market or withdrawn?

[CJ]

Kiaora fellow STraders from melbourne....havnt been watchng things for a few days now....when i left nz there was a 3m plus sell overhang......did that get gobbled up by the market or withdrawn?
It was withdrawn but then two big parcels (about 1.5m total) sold later that day at 2.6 I think - not sure it was the same guy or if it was a shake down and they have been buying more at 2.6-2.7 later in the week.

Will be interesting to see if 3 is the new ceiling or if it goes up to 3.4 again.

[GR8DAY]

....thanks for that CJ......ill be back in a few days and maybe crank things along again!!
Hey this coastline south of melbourne is a beautiful place (the Great Ocean Road, apollo bay etc) ....at times i thought i was back in GODS own,!!

[emearg]

Where do BLT shareholders see the hoped for rise in revenue and earnings coming from? I'm not being cynical here, I'm genuinely interested to see whether they see:

- throatguard k12
- other health products
- pet science products
- ice cream / yoghurt
- royalties paid by other producers

as the avenue for growth?

Throatguard and the other health products in NZ only so will only show small (20%) increases each year based on historical performance. Will help but not a game changer.

Pet products could be beneficial given time but is a virtually unproven market. A bit like the lozenge products internationally I can't see it being significant any time soon.

Food products...yes. These need to be international to be a game changer. This could be through royalties but is more likely just to be through the purchase of ingredients i.e. freeze dried bacteria.

GRAS in the US has been what this company has been waiting for. They achieved it mid 2011. Europe and China followed. We are waiting patiently to see if products are launched. The expectation was that it would take 2 or 3 years. It may never happen.

The company runs on a low budget (excluding BFF), manufacture of the bacteria is outsourced, and as they don't handle marketing or distribution (beyond distribution of 2kg bags of bacteria) their costs won't increase much once sales take off.

Sparky, if you are interested in buying in watch the net and try to spot the launch of a food product in a market with a significant population. A quick purchase at that point would be ideal in my opinion as the company ain't going to go under and the share price will rise significantly as a percentage once the general market learns of what is coming, and revenues and profits follow over time.

I truly think food is the key to big success with this one. The rest is small beer in comparison.

[simla]

Where do BLT shareholders see the hoped for rise in revenue and earnings coming from?
There's only one answer to that. Business partners. The whole model is to take the product to a lot of different business partners and wait for them to create a market where they are (and assist as possible obviously). Bioguard were definitely giving that a fair bash but had internal distractions alas. Russia has definitely shown quite a bit of enthusiasm if you watch their website, with growing distributions and we were told they want to get it licenced as a medicine too I think. Italy clearly are keen as they appear in the medical press there if you look. Israel has clearly been chipping away to get their product out. The dog product as you say seems likely to get some sort of push from Stratum's parent (presumably anyway). Therabreath keep chipping away with their ones. Obviously we hope the GRAS developments will create some buzz there as the ice cream seems to do here. And there are a lot of other business partners too. And we hope that the new access to Europe, China and GRAS are opening even more doors as we sit here.

Okay, two answers. The long way, to quote Marvin from Hitchhiker's Guide. Put aside the halt in US sales (which may or may not have been because of supply chain changes) and established sales streams do grow at 20%+pa. NZ supplements are the only solid point of that so far, but local ice cream seems pretty sure to follow that route. And across multiple overseas outlets, some sort of pattern of growth must emerge despite individual ups and downs. Unfortunately the ups and downs of the overall sales have masked this growing base, and which is not enough to hold the place together as is though, but then Blis doesn't need hugely more in cash to at least break even. It's the long way though.

Blis's model has always been perfectly clear. Get lots of regulatory and legal backing so they can sell good products to overseas companies for them to market. BLT has shown astonishing abilities to put together those deals, but the last couple of years have been very confusing about sales to end consumers. The pressure behind the dam appears to grow and grow and yet no dam bursts. BLT has done so well with all other hurdles that it is logical to think they'll get through this last hurdle too. But for that we can only wait and see.

But the model is clear and the growth should come by the business partners across the board building their own markets. GRAS is meant to make that a whole lot easier, but we don't know how long it will be before we see such a product come to market. Unfortunately, the company's reports are very tight on detail about what business partners are achieving - presumably in order to preserve amicable business relationships, but it doesn't make it easy for shareholders since this is the one piece of information we are very keen to hear.

Well, that's my understanding anyway. Anyone else?

[emearg]

Nestle paid to have the genome mapped and they have a research and product development agreement focused on the elderly. With rights over a specific application. Why are they doing this?

[stanace]

Pak and Save Sylvia Park have large amounts of Bliss yoghurt on the shelf, with a big signage saying BLISS

[simla]

Good to see reports from Auckland, but Bliss yoghurt is another brand. We're not aware of Blis bringing out a yoghurt yet.

The last post on the Gourmet facebook page seemed to imply that Victoria Park is the only ice cream outlet in Auckland so far? This happened in Wellington at first too, and may be a trial. I hope you Aucklanders are getting in there and supporting it.

[emearg]

It may be too much to ask people to buy the product just too support our next Club Med holiday but I reckon asking the Blis fan club to tell us if it is widely available in our biggest city is a goer. So guys (and girls)...where can you buy Gourmet Icecream and the K12 range? How about the roulades? Anybody other than Simla tried these? I haven't but probably should! Simla, did you say they are available in Kelburn somewhere? Cheers guys and girls :t_up:

[emearg]

I'm surprised by how well the share price is staying up. I really thought it would fall back much more severely than it has. Big gap between the buyers and sellers today and it has gone up rather than down. It seems the desperation of sellers has diminished significantly over the past few months.

[simla]

The roulade is available pretty widely in Wellington now as far as I can see. Mind you, it seems to sell out PDQ, so don't be discouraged if it's not in the supermarket you look in. Thorndon seem to have got into the habit of restocking fairly regularly with it. I defy anyone to not like the roulade, and the lemon is the best.

[Leftfield]

The last post on the Gourmet facebook page seemed to imply that Victoria Park is the only ice cream outlet

What excites me more than ice-cream and food applications are products linked to oral health such as tooth paste
(a huge market) and other oral hygiene products. Here's what Dr Barry Richardson hinted at in his 17 Jan 2013 Press Release;










BLIS M18(TM) is an oral cavity probiotic, which has been shown to support the


teeth and gums. BLIS M18(TM) is able to protect itself from other invading


bacteria by secreting specific short-chain proteins or peptides












Disclosure - Holding BLT

[emearg]

What excites me more than ice-cream and food applications are products linked to oral health such as tooth paste
(a huge market) and other oral hygiene products. Here's what Dr Barry Richardson hinted at in his 17 Jan 2013 Press Release;










BLIS M18(TM) is an oral cavity probiotic, which has been shown to support the


teeth and gums. BLIS M18(TM) is able to protect itself from other invading


bacteria by secreting specific short-chain proteins or peptides












Disclosure - Holding BLT

Hi Leftfield and here is a slightly tardy welcome to sharetrader :)

I can't spot the hint you refer to? Can you please clarify?

[emearg]

The reviews suggest this stuff is good. Maybe you should buy some?

http://www.healthydirections.com/general-health-1/ear-nose-throat-defense/#tab-reviews

[Leftfield]

Hi Leftfield and here is a slightly tardy welcome to sharetrader :)

I can't spot the hint you refer to? Can you please clarify?

Thanks for the welcome... sorry you can't read the hint. I'm not sure why you can't see the hint/quote as it appears ok in my computer? Here again (via cut and paste) is what appears in the last para of a 17 Jan 2013 Press Release from Bliss:
"Bliss 18 (TM) is an oral cavity probiotic, which has been shown to support the teeth and Gums. Bliss 18 (TM) is able to protect itself from other invading bacteria by secreting specific short chain proteins or Peptides..."

The full quote can be seen if you log in to the Direct Broking site and go to BLT and follow the links to "News".

[Dej]

Thanks for the welcome... sorry you can't read the hint. I'm not sure why you can't see the hint/quote as it appears ok in my computer? Here again (via cut and paste) is what appears in the last para of a 17 Jan 2013 Press Release from Bliss:
"Bliss 18 (TM) is an oral cavity probiotic, which has been shown to support the teeth and Gums. Bliss 18 (TM) is able to protect itself from other invading bacteria by secreting specific short chain proteins or Peptides..."

The full quote can be seen if you log in to the Direct Broking site and go to BLT and follow the links to "News".

So you saying the hint is: Bliss 18 can be used in an oral hygiene sence eg toothpaste

[CJ]

So you saying the hint is: Bliss 18 can be used in an oral hygiene sence eg toothpasteSo all they need is Colgate to licence it then - another quote from me to add to the ridicule I got re my Nestle comment ;)

The question is is that the best delivery method?

I would have though yoghurt was a accepted method of delivery similar to this: http://www.symbioyoghurt.co.nz/ Add gut health and mouth health together would be a great combo.

[amalgam]

I like some aspects of BLT-- but this is starting to look like a site for Amway

[emearg]

http://www.stuff.co.nz/dominion-post/news/8270935/Rheumatic-fever-vaccine-effective-within-five-years

[Dej]

"Probiotics - such as the New Zealand-developed BLIS K12 throat guard - were raised as a potential prevention method, but more work needed to be done on the effectiveness, Prof Carapetis said."

(Just a quote from the above article)

[CJ]

Imagine if it did work and it could be added to Fonterra's free milk in schools program (not sure if that is technically possible).

*thinking from a help the kids perspective rather than a financial perspective.

[emearg]

Imagine if it did work and it could be added to Fonterra's free milk in schools program (not sure if that is technically possible).

*thinking from a help the kids perspective rather than a financial perspective.

Politics and ethics will probably stock this being taken up widely in the short to medium term but this product being discussed in that forum is excellent. How many more doctors will recommend their patients (or patients parents) try K12 on the basis it won't do any harm and is likely to make life much more enjoyable. How much is one nights sleep (or one fewer unpaid sick day) worth? A kid with a hacking cough in the next room doesn't make for a happy kid or parent....

[emearg]

I note Blis are seeking interest from health shops to sell their products in NZ. That is a new move. It is interesting that it may move beyond the chemist. I have been wondering for years why they don't expand their distribution network but have always presumed they have an exclusive NZ distribution agreement with Pharmabroker. I would hope that M18 into dentistry practices in NZ will also follow...

[emearg]

A new product:
http://www.bronsonvitamins.com/472A/oral-pb

[emearg]

I'm surprised by how well the share price is staying up. I really thought it would fall back much more severely than it has. Big gap between the buyers and sellers today and it has gone up rather than down. It seems the desperation of sellers has diminished significantly over the past few months.

There hasn't been any desperation to sell (or buy) this week. Perhaps this is the new low until the next reporting period?

[pietrade]

............................. I would hope that M18 into dentistry practices in NZ will also follow...

Not if the dentists can help it. The ones I have mentioned it to seemed remarkably DIS-interested............. unfortunately for the greater good.

[emearg]

Not if the dentists can help it. The ones I have mentioned it to seemed remarkably DIS-interested............. unfortunately for the greater good.

Is that because it isn't in their best interests? Do they think it will effect their patronage? Personally I take M18 and go to the dentist. The M18 makes the trip much faster and less painful.

Or do they not think it a efficacious product?

My dentist sells mouthwash, floss etc so I would have thought having M18 on the same shelf makes sense from a turnover perspective? Their poorly paid assistant can sell it so it is pretty easy money I would have thought?

Thoughts?

[simla]

My dentist is very interested in Blis, but not yet convinced. Despite the joke image of dentists grabbing money, I'm sure most of them hate drilling people's teeth and are motivated simply by wanting to help, and would be very interested indeed in any sort of preventative. Remember that a lot of people just simply don't go to the dentist because it involved drilling and therefore expense, so making it possible to go without expecting as much need for repairs would not put dentists out of work but merely enlarge the number of people with access to dentists. I really can't see much barrier here except convincing the dentists of the value of it.

In any case though, and as you say Emearg, it's hard to see then losing money by selling Blis.

[simla]

Seems like a classic Mexican standoff regarding SP since there is no news to drive it either way.
Or it's a lovely summer holiday week?

[emearg]

Or it's a lovely summer holiday week?

Damn they have fallen in the last hour. That isn't going to help me win the sharetrader competition! Thankfully Chorus had a great day :)

Simla, have you spotted any new products on the net lately? Or have you stopped looking?

Simla, do you know where the roulade is located inside Chaffeurs New World ? Thanks!

[simla]

No, I'm not actively looking for things much these days. Blis have put it together now very well, but nothing now matters except whether it can be turned to revenue or not. I was researching back then while the whole thing was a calculated investment decision - the more info the better - but now they have (quite incredibly) done virtually everything they said they would do (even though that was a miraculous thing to set out to do), there's really nothing for it but to wait. "We've sent the troops out to D-Day" or "We've sent the troops out to Gallipoli" and now we wait to hear if it worked. Gallipoli did not pay off despite a lot of valiant work, and D-day did after a lot of valiant work too. The signs are looking good for Blis at this point with so many useful irons in the fire, but only the final answers counts now.

I can't see the share price dipping much except in the short term. By my calculations they don't have to get in too much more cash to break even on operations, which would surely be a big bolster to the price. Anyone selling out at a low price is taking a bit of a gamble compared to hanging in there I would have thought. Is Blis really going to go 12 months without any good news? Seems unlikely to me. Is it worth hanging in there against that possible prise rise until then? Can't see why not myself, but each to his own. Of course it's always pretty hard anticipating Blis's expenses because they are so often up to something somewhere, so hard to tell their possible profit/loss accordingly, never mind variations in revenue.

I'm pretty sure I've seen the roulades at Chaffers Park but I'm not sure (and sorry, I haven't got a chauffeur myself...) but the roulades seem to disappear pretty quickly. They are usually by the other roulade wherever I've seen them.

[emearg]

No, I'm not actively looking for things much these days. Blis have put it together now very well, but nothing now matters except whether it can be turned to revenue or not. I was researching back then while the whole thing was a calculated investment decision - the more info the better - but now they have (quite incredibly) done virtually everything they said they would do (even though that was a miraculous thing to set out to do), there's really nothing for it but to wait. "We've sent the troops out to D-Day" or "We've sent the troops out to Gallipoli" and now we wait to hear if it worked. Gallipoli did not pay off despite a lot of valiant work, and D-day did after a lot of valiant work too. The signs are looking good for Blis at this point with so many useful irons in the fire, but only the final answers counts now.

I can't see the share price dipping much except in the short term. By my calculations they don't have to get in too much more cash to break even on operations, which would surely be a big bolster to the price. Anyone selling out at a low price is taking a bit of a gamble compared to hanging in there I would have thought. Is Blis really going to go 12 months without any good news? Seems unlikely to me. Is it worth hanging in there against that possible prise rise until then? Can't see why not myself, but each to his own. Of course it's always pretty hard anticipating Blis's expenses because they are so often up to something somewhere, so hard to tell their possible profit/loss accordingly, never mind variations in revenue.

I'm pretty sure I've seen the roulades at Chaffers Park but I'm not sure (and sorry, I haven't got a chauffeur myself...) but the roulades seem to disappear pretty quickly. They are usually by the other roulade wherever I've seen them.

Hehe 11 minutes into beer o'clock and I couldn't tell the difference between a Chaffer and a chauffeur! If things so well you may well be able to afford the later, even though I suspect that wouldn't be to your taste :)

Apologies as I realise you aren't the Chaffers New World Host (or hostess perhaps as I don't believe your gender has been revealed) but where are the other roulades? Thanks and happy Friday PM :)

Oh, and I don't think you should mention Gallipoli. Fungus Pudding (and possibly STC) won't be able to resist...

[simla]

Just for you Emearg, and being a lovely evening, I sent Jeeves out for a drive. Willis St: 4 ice cream, no roulade; Chaffers: 19 ice cream, 2 punnets, no roulade; Thorndon: 27 ice cream, 12 roulade; Khandallah: 3 punnets, 4 roulade; Newlands: 19 ice cream, 24 roulade. (I don't think I've mixed up which was which!)

But, hey! News! Willis Street has a Raspberry Sorbet for sale too (or was it strawberry?), not probiotic. Good to see them reaching out for cash flow to build on the brand.

[simla]

if I had some spare shekels I might be tempted. Maybe. A little.

Goodness, Sparky.

[emearg]

Just for you Emearg, and being a lovely evening, I sent Jeeves out for a drive. Willis St: 4 ice cream, no roulade; Chaffers: 19 ice cream, 2 punnets, no roulade; Thorndon: 27 ice cream, 12 roulade; Khandallah: 3 punnets, 4 roulade; Newlands: 19 ice cream, 24 roulade. (I don't think I've mixed up which was which!)

But, hey! News! Willis Street has a Raspberry Sorbet for sale too (or was it strawberry?), not probiotic. Good to see them reaching out for cash flow to build on the brand.

Thanks Simla (and Jeeves). Ice cream versus punnets? What is the difference? Is icecream K12 based and punnets the traditional gourmet range?

It is a lovely day in Welly today. A bowl of icecream is rather appealing...

[simla]

The ice cream is mostly in 1 litre flat-packs now. The punnets were about 500ml I think but seem to be disappearing. The sorbet was 1 litre too and the same high quality as the other Gourmet products, although I'm not personally much of a fan of sorbet. Tasted good though.

[emearg]

Thanks Simla.

I note M18 is on sale on the website for anybody who wants some:
http://blis.co.nz/products/blis-m18/blis-18-bliss-m18-teeth-health-gum-health-strawberry.html#.URglYL9llKZ

[GR8DAY]

...what a great idea Moosie.! I had a dog with the same problem......ended up taking the poor old thing to the vet and $450 later it died on me!! Shudv just popped down the cnr store and bought some doggy bliss instead.........maybe?? keep us posted.

[emearg]

Thinking of buying my partner's dog some of the specially made doggy pills.

What pills are they? Do you have a link please?

[GR8DAY]

What pills are they? Do you have a link please?


.......ah "tongue-in-cheek" I think Emearg!

[emearg]

.......ah "tongue-in-cheek" I think Emearg!

Possibly but that is why I asked for specifics. A year or two back the following product was noted:
http://www.alpha-pet.ch/contents/de-ch/p3_DARA_Pet_HALITUS_.html

[skid]

You need the tongue in cheek ,to swallow the pills

[winner69]

You need the tongue in cheek ,to swallow the pills

skid .... i wonder if lydia uses bliss .... that would be a good endorsment

[emearg]

It is good to see that Natures Plus haven't given up on Blis bugs. They have launched two new products:
http://www.naturesplus.com/products/productdetail.php?productNumber=8013
http://www.naturesplus.com/products/productdetail.php?productNumber=8017

[winner69]

Punters must have gone back to school ......stuff all activity on the market this week

[winner69]

when are next lot of student loans paid ...... that will increase activity in trading BLS shares

[winner69]

US markets are due for a slight correction, looks like they are running out of steam. Investors being cautious ahead of earnings season due to the exuberant SP demanded these days!

world events getting to BLT punters ....... very cautious ......... not even a single trade today

[emearg]

world events getting to BLT punters ....... very cautious ......... not even a single trade today

Maybe it will be like yesterday and there won't be any trades until late in the day? No big panic around Blis but the price is drifting back slowly. Personally I don't see any more or less reason to sell now versus three months ago. FSA approval for M18 is good, but considering how long it took for K12 to make it into food (via a tiny ice-cream maker) it may be a while before that approval is worth anything...

[winner69]

Chalkie took a swipe at Blis and Edinburgh Equity. Not a pleasant read.

http://www.stuff.co.nz/business/opinion-analysis/8296773/Making-haste-very-slowly

CHALKIE GOT IT ALL WRONG ..... The decent guys at Blis would never have done this sort of thing

Anyway the believers in Blis enjoy getting raped and pillaged so probably those dunedin guys did the dirty .... apologies I haven't looked pillaged up in the dictionary yet but rape and pillage is according to some learned friends a common description for being screwed .... ouch

[Stu]

Might be worth a read if Chalky didn't refer to himself in the first person or could form a coherent paragraph.

[Stu]

Might be worth a read if Chalky didn't refer to himself in the first person or could form a coherent paragraph.

Sorry...that last post.... may not have been.......understandable...to the whole...group...here's the....correction:

Might be worth a read...if Chalky didn't refer to himself...in the first person...or could form a coherent paragraph.

[Stu]

also...oh dear..an opinion piece from fairfax...don't worry, these chaps don't take...incentives...from interested parties...like samsung...among others

[Cool Bear]

Tim Hunter, who writes as Chalkie, is a (mostly!) highly regarded business journalist. And you may be getting confused with what Samsung does with technology journalists by way of trips and toys. I'm personally interested in what he says. I would have thought Blis would have dealt with the small matter of price manipulation by now.
Guys, lets us not be a little bias just because we own BLT. That article is a good one. But the article has nothing to do with Bliss business prospects, just the means (devious or otherwise) that some shareholder/owner used to increase their shareholding cheaply. Of course, if NZSX comes up with a negative decison, it may still affect the SP for a little while.

[emearg]

Guys, lets us not be a little bias just because we own BLT. That article is a good one. But the article has nothing to do with Bliss business prospects, just the means (devious or otherwise) that some shareholder/owner used to increase their shareholding cheaply. Of course, if NZSX comes up with a negative decison, it may still affect the SP for a little while.

I agree. Good article. What happened was a bad look and still is. I would have been much mader if I didn't hold so many preference shares. I did well out of their activities. It doesn't make it right, it is just unusual that I get to benefit from such things. Usually they seem to work against me!

Naughty majority shareholder!!!

[emearg]

I don't own Blis, and this is the sort of thing that would make me NOT want to own Blis shares. Mind you, if I was to be consistently puritanical, I wouldn't want shares in Diligent either.

I sure hope every last director on PEB is squeaky clean STC! If not you must sell sell sell!!!

[CJ]

Guys, lets us not be a little bias just because we own BLT. That article is a good one. But the article has nothing to do with Bliss business prospects, just the means (devious or otherwise) that some shareholder/owner used to increase their shareholding cheaply. Of course, if NZSX comes up with a negative decison, it may still affect the SP for a little while.


I don't own Blis, and this is the sort of thing that would make me NOT want to own Blis shares. Mind you, if I was to be consistently puritanical, I wouldn't want shares in Diligent either.My view on the article. Chalkie is probably right in that some devious dealings were definitely done by a Shareholder. Were they illegal, I dont know but in my opinion they should be if they are not. I view it the same as insider trading which is illegal though tends to be ignored by the FMA/SC. In fact he confessed to his wrong doing by saying it was arbitrage - it was only arbitrage because he could impact the price of once security to increase the value of another security.

There is nothing the company could have done to stop it other than not issue the pref shares in the first place. Ideally they would have reported it to the FMA/SC to confirm that the actions of a shareholder did not breach any legislation which would have showed them being proactive about the issue.

From a company perspective, it did not impact on the value of the company at all, or the future prospects of the company. All it impacted on was the proportion of the company that each share represented which is very important to a shareholder. But given this took place in the past, and there are no more prefs on issues, it should not impact a current investing decision.

However, the shareholder who took part in this sneeky/dubious and potentially illegal act is still a major shareholder and you will need to consider whether all shareholders (who are in theory now all equal) will be treated equally in the future.

[Cool Bear]

I don't own Blis, and this is the sort of thing that would make me NOT want to own Blis shares. Mind you, if I was to be consistently puritanical, I wouldn't want shares in Diligent either.
Sorry, Sparky. My post comment was not directed to you but to the rest of us who do own a bit of Blis. I quoted your post as I think all shareholders should read that article. We are all guilty of getting emotionally attached to our shareholdings. Some more than others.

[CJ]

I don't want to "bash" BLT, but I do think that the best way for BLT to get ahead is not by ignoring the past, but learning from it. And if criticism is due, it is due of Edinburgh and the FMA/NZX, not Blis.Exactly. No blame on BLT.

But, that shareholder is still around. What happens if the next capital raising is a new round of Pref shares only offered to significant holders - one would have to hope this wouldn't occur.

We must learn from the past but also not let it get in the way of a good investment - DIL being the perfect example as you menationed above.

[Bobby_Fischer]

No blame on BLT.

Perhaps. Perhaps not.

I am still very interested in the how and why of the NZX announcement of 22/03/12. It had an uncharacteristically negative tone. Long term Blis watchers will understand what I mean - BLT almost always puts a very positive spin on their announcements no matter how indifferent or (sometimes) dismal their news. The 22/03/12 announcement stood out for breaking that pattern. Out of that context, it might just read as a realistic assessment of their prospects, but the tone and timing just prior to the conversion certainly suited the preference shareholders, and the bigger ones all the more so.

[emearg]

Perhaps. Perhaps not.

I am still very interested in the how and why of the NZX announcement of 22/03/12. It had an uncharacteristically negative tone. Long term Blis watchers will understand what I mean - BLT almost always puts a very positive spin on their announcements no matter how indifferent or (sometimes) dismal their news. The 22/03/12 announcement stood out for breaking that pattern. Out of that context, it might just read as a realistic assessment of their prospects, but the tone and timing just prior to the conversion certainly suited the preference shareholders, and the bigger ones all the more so.

I completely agree. Perhaps Tony Often wrote it?

[Bobby_Fischer]

I completely agree. Perhaps Tony Often wrote it?

There is a reasonable argument that says that if the shares were trading at an unrealistic price prior to the conversion (due to the market not being fully informed about the companies prospects, etc), then the board had a responsibility to the preference shareholders to make public the information they did. I would question the way it was done, however. And I am not sure that BLT have always been as careful of their shareholders interests over the years! The behaviour of the shareprice since the conversion would suggest the 22/03/12 announcement painted an unreasonably bleak picture.

[simla]

Sorry guys, but this is old news. Those of us who were there last year have had ample time to form opinions and move on.

Our society works by referring any questions to the umpire. The company did just that as reported in the last two company reports, and the thrust of this article is that the FMA has ruled no problem and that the NZX has ruled nothing - and perhaps some observations on how the umpire works. Our society also allows for you to disagree with the umpire by protesting to the umpire or to the umpire's boss, presumably the Minister of Something or Other. Anyone is free to do that.

But I don't see any point in arguing this here as the umpire system is how our society works. The alternative is the David Bain situation, which I think is a travesty. I have no idea if Bain did it and neither has anyone else. But he has been found not guilty a few times now and I find it appalling that he isn't allowed to live with that decision, because societies without the rule of law are the alternative and they are pretty disgusting. I don't want that.

So I'm happy to leave it to the umpire and that's it for me. I'm living in the now, not the then.

The main points of the article for me were therefore these: Someone in the mainstream media noticed Blis again, and that is starting to be a trend; one of NZ's most experienced investors believes in the company and is willing to sink pretty serious money into it; the regulators seem to move to a different clock to the rest of us.

[simla]

I wonder what's happening with the dog product? Oct 15 last year we were told "BLIS K12 probiotic was able to inhibit around 50% of the various bacteria of a dogs mouth" and "small pilot trial were encouraging enough to commence a longer, extended dosing trial in dogs, which started in Dunedin last week " https://nzx.com/companies/BLT/announcements/228432


Morning Report this morning http://podcast.radionz.co.nz/business/bus-mnr-20121016-0647-morning_business_for_16_october_2012-048.mp3 (about 5 mins in) reported the dog product should be on the market in the US and Europe in a year.

That Morning Report was 16 Oct. It's 4 months later now and you'd think they might have finished the longer trial now? Did it support the initial data?