BLT - Blis Technologies

[brucea]

Good to see M18 getting some airtime at such an important show - every little helps.
http://www.nzherald.co.nz/lifestyle/...ectid=10683102

Thanks Cannibal - I missed this article in the Herald - you would think though there would have been an acknowledgment in the story that K12 originated in little ol NZ. The link went to the Cultured Care Canadian site but no word if the product can be sourced in NZ. Recently I inquired at a health vitamin shop in St Lukes about K12 and M18 products and got blank looks from the staff...

[Cannibal]

Well - late this week should see the half year numbers announced. I really am not sure which way they will go. SO many positive indicators but...
Inaugural profit seems to be a certainty but I thought that 6 months ago.
Mexican stand-off with the share price - a bid of 9.3 cents and asking 11.3 cents - a 21% spread. Some quite big (optimistic?) sellers appeared this week asking 14 and 15 cents. Fingers crossed.

[simla]

I'm not sure about later this week, Cannibal, as there's still three and a half weeks of the month left. Could be, though.

A profit will probably mainly depend on what expenses have been doing. The company's been pretty busy, don't forget.

On the one hand, possible not-so-goods might include: more delays in GRAS (in light of that article I posted above saying the FDA are getting pretty tough on new ingredients now too); problems with the exchange rate maybe; rise in expenses due to heavy expansion work maybe.

Or on the other hand, possible happy news might be: GRAS is ready to roll; Nestle are ready to roll; M18 has been adopted by quite a few products already; sales are going well in this winter season (post first half); discovering more about the other research project they're doing; happy sales revenue from the first half; and maybe even interesting developments like yoghurt or something; maybe progress in Asia.

It's quite a range of possible news, reflecting the increasing depth of the company's activities. But personally I've become fairly resilient about the possible outcomes, as I feel the company has got into a fairly useful position now regardless. So I'm expecting to be happy in the face of even quite mixed results now. They're out there selling in a lot of places now, and I feel the money must flow eventually on the strength of that alone now, let alone all the new stuff we're hoping for as well. As before, I'd be happy to hear that Asia is coming along, as the US remains a challenged economy.

As for the share price, I've given up attaching any significance to it. The company has never had loose lips, so there is no way a weak share price means anything other than a lack of interest. I've bought a few more over the last half myself, if that's any consolation.

So yes, the news will be good to hear. There is every chance of it being cheerful news. Meanwhile, preference dividends in a week.

[Cannibal]

I based it on them releasing the figures on November 12th last year.
But you are right - so many variables. It should eliminate some of the speculation on here hopefully and provide a clearer picture of all of your points. I am still adopting my usual Optimistic Ingenue approach...

[brucea]

As someone who would never go to a casino, rarely buys Lotto tickets, never been to the TAB and looks pursed-lipped at friends who do, some of you guys would be intrigued by the shares I took a punt on and have topped up over the past years. As for the big companies listed on NZX - boring, boring. The speculative shares include BLT (the company and product I passionately believe in - down 20%), BLTPA (up 36%), CHA (up 2% - OK, Mark Ellis is a cool guy), RAK (down 34% - the technology interests me, but did I really pay over $5 at one stage?), WDT (been in right from the beginning - nuff said as I am in denial over this one) and XRO (up 75%, saw the potential for this software, plus thought some of their backers are savvy investors). Overall total investment down 20%, although I am overweight in my favourite punt BLT, so am watching with interest how this company performs in the future. Of all these investments, BLT is the only company whose product I buy regularly. I have used K12 daily when I travel overseas (eg India, Middle East and the wilds of SA).

[Cannibal]

Jeez - down 20% - that's gotta hurt. I made some money on Xero as well but got out at $1.65. Starting to wish that I had not
I share your sentiment on BLT.
Both companies are due to release numbers in the next few days - good luck to you on both.
Marc is a dick!

[brucea]

Marc is a dick![/QUOTE]
But he is good looking (metrosexually speaking) - maybe Blis need a pretty face to flog K12...

[simla]

Don't be coy, Brucea. We can see what you want. Just send them your audition tape, and you're bound to get the job. Perhaps a clip of you singing "Wild Thing"?

[brucea]

Don't be coy, Brucea. We can see what you want. Just send them your audition tape, and you're bound to get the job. Perhaps a clip of you singing "Wild Thing"?

What? And see sales plummet???

[emearg]

My bank balance just increased. Preference dividends paid yesterday were they? Groovey

Everybody has been sick around me this past fortnight. I had a sore throat last Friday night so I bumped my intake and it was gone by Sunday. No more sore throat, no cold...no nothing

I am now actively marketing K12 to people when they ask don't I ever get sick. I know more than enough about the product and science to be convincing so I have another one hooked and spending her dosh appropriately. Hopefully colds will become a thing of the past for her too. Seems like a pretty simple solution to me. I never expected it to be a magic bullet but now I am wondering...

The half year results should be interesting. Based on the AGM presentation revenue should be dramatically up on last years first half. What else falls out of it we will have to wait and see.