BLT - Blis Technologies

[winner69]

She was interviewed on Q&A a while back, and she came across very well indeed. She seemed a lot more confident in the world of business than I thought she had in politics. She was perfectly open about Mainzeal and said she had done a lot of work to ensure staff and customers came out of it as well as possible, and indeed complaints have been very few since in the media. I was fairly impressed in all honesty. Here's a transcript if anyone's interested http://www.scoop.co.nz/stories/PO130...l-collapse.htm

In any case, she is one of a group, all of whom look like they know a thing or two - always assuming it really is Asia Pacific and not Asian Pacific, being two different companies, and since the Blis releases seem to slip into either at times!

Jenny and that guy Yan who had great connections in China did wonders for Richina shareholders ....didn't they

[Nigel]

Jenny and that guy Yan who had great connections in China did wonders for Richina shareholders ....didn't they

Pretty sure Richard Yan isn't attached to APPL or BLT in any way. Here are the peopel involved in APPL - some impressive expereince/networks here. Here's hoping they translate into opportunities and revenue for Blis!

http://www.asiapacificpartners.co.nz/ourpeople.htm

[pierre]

[Based on the date of last year's report it seems highly likely that the report for the half-year to 30 September will be released on Friday.

In the absence of any negative guidance and with the activities referred to above, plus a reasonable amount of dosh in the bank, maybe I might not be crazy in anticipating some reasonably good news from BLT. What would really help is if the report contained a more robust definition of "a maiden profit in the foreseeable future" - but maybe that is being crazy!

Fingers crossed.

Does anyone have any thoughts about what the half-year report might contain - and what might happen to the SP as a consequence?

[simla]

did wonders for Richina shareholders ....didn't they

Winner, I'm speechless. I had shares in Richina for a while, so I've thought about it a lot. In the end all I see is a lot of people ignoring the fact that Richina was a vast undertaking that got caught out by the GFC. I have no doubt that everyone was doing their utmost, despite lots of grumbles.

The fact that Blis also has been a vast undertaking in the midst of the GFC, but which has not failed, is therefore one of the reasons I have a lot of time for them. That's impressive. Almost miraculous!

[simla]

Does anyone have any thoughts about what the half-year report might contain - and what might happen to the SP as a consequence?

If we get more detail on why they think there is a profit coming, SP could do interesting things. Else, maybe not.

[pierre]

If we get more detail on why they think there is a profit coming, SP could do interesting things. Else, maybe not.

Well I'm confident that we will get positive news - and I've backed my belief by topping up again today so that I now hold
3million shares.

My average cost is below today's market price so I'm already on the right side of the ledger. But, like Percy with HNZ (which I also hold), I now feel "well positioned" to capitalise on the upward trend that I'm sure will come from BLT over the next year or two.

Hopefully the half-year announcement will signal the start of a round of good news such as local sales continuing to grow, new markets being found and developed, distribution alliances in China progressing and that maiden profit close to fruition - rather than in the foreseeable future.

Keenly waiting for Friday's release.

[emearg]

No, you weren't the one misunderstanding. Idiot journalist...

They responded to feedback and updated the article a little. Left the title the same though.

[Nigel]

They responded to feedback and updated the article a little. Left the title the same though.

I had a few emails back and forth with the investment advisor - to his credit, he was very interested in getting the figures correct. The journo also responded to say they would amend the article and run a correction in tomorrow's ODT.

[Nigel]

Hmmm... just reading the amended version... saying that the sum was raised in its last three capital raising isn't accurate - I see it as one capital raising that went to major investors and to existing shareholders.

And the following is also inaccurate as the total raised was within their target range: "Craigs Investments Partners broker Peter McIntyre said while not gaining the targeted capital injection, Blis was likely to be ''quietly happy'' with the cash raised, which should underpin its operations for at least another year."

I'd also be surprised if they had to come back to us in a year for more funding as they're now sitting on a pretty healthy pile of cash and operations must be getting close to cashflow positive.

[simla]

Those who doubt that Blis is picking up momentum under the new distributors: I do see products here and there but can't be bothered checking whether they are new, but think they are. These ones definitely are as examples though.

A K12M18 in Taiwan http://www.pcstore.com.tw/22215448/M14833073.htm

Another K12M18 in Finland http://www.yliopistonverkkoapteekki....-purutablettia

And here's the first pet product I posted yesterday/recently in another store in Japan, showing coverage. http://doubutsunotame.ocnk.net/product/183

Plus obviously the other new pet product in Japan I posted yesterday. http://premium-suiso.co.jp/