BLT - Blis Technologies

[Nigel]

The share price can wallow, but there will be a floor under which people simply will not sell. In fact, good news tends to pop up unexpectedly with this company, so it's almost just as likely to head north in a hurry than it is to head south.

I understand your advanced psychological method of throwing out target figures to try to influence other traders, but the 1 cent thing may be a bit of a stretch.

[Nigel]

Don't assume I was left holding anything; I may have, I may not have. That's not really relevant.
I just find it somewhat amusing how the sentiment of some contributors swings so wildly depending on whether they hold or not.

[skid]

Shareprice could go either way,but the shareprice of a co. can actually sit under the co. value for ages.
I found that out with PPP a few yrs ago

[Nigel]

I think the action earlier this year showed a glimpse of what could happen if some solid revenue growth or major deal actually comes along. People bought in based on the potential of what may happen, but without the results to back up that optimism, the price has fallen backwards again (sparked by the recent 'profit' guidance). Can't wait to see what will happen when a deal is announced with Lilliputsquigglemadigglelandything!

[simla]

Moosie, I know your perspective is shorter term than some of us. We respect that, but it would be nice if you too managed not to be too dismissive of our viewpoint at the same time. Last time I heard, saying to someone "if it barks like a dog" was a pretty derisory phrase.

Many of us are here because we want to build something for New Zealand, and for the world. But you know what? We also want to build a society for our children and grandchildren. I don't know if you've noticed the chronic youth unemployment in NZ, the ever increasing share of our wealth going off shore, the off-shoring of Auckland rental properties, etc. There are only a few people in the world trying to genuinely create wealth from scratch, and BLT is one of them. A lot of BLT shareholders are trying to be part of that.

It may be fun to rubbish places like BLT, but new companies are always a struggle. PEB is flavour of the month at the moment, but actually it started about the same time as BLT, same for ATM. Even Diligent started in 2001 (ie same time) and had a share price of 10 cents four years ago. All these places are great news for New Zealand.

BLT only embarked on the current strategy at the end of 2007, five years ago, so it would be awfully nice if people stopped talking of it failing for over a decade. Since 2007, it has changed from a company with one single product selling in NZ to company with many products available across a huge swag of the world. Further it has broadened from a tablet to a food ingredient and now probably an animal product. It has amassed significant intellectual property and formed many alliances. It has gained access to Europe where all the rest of the probiotic industry is fuming because they are locked out. It has gained access to China in most ways now, although still awaiting yet one more licence barrier. It has gained full access to the US. And a lot of Asia. It has got many companies to buy into its promise.

Launching of Gourmet ice cream apparently didn't go as planned, but it sure was selling well, which is a major piece of news too, of vital importance to the company we expect.

On the bad news front, there actually hasn't been that much. Nestle didn't proceed with the infant formula, which was a great pity and BLT ascribed that to the trials not being as they could have been. Bioguard didn't make the grade and I've posted elsewhere that that was not anything to do with Blis but a great pity as they were advertising well. Asia has been astonishingly slow in the uptake and I would love to know what that is about as K12 would seem to be a Japanese dream given the limited personal space in Tokyo. Changing distributor has obviously had huge impact, and indeed when/if that resolves the company will probably be plain sailing.

Sales aren't as bad as everyone lets on as they sold $1.5m last year even though it was a bad year for them. Obviously we want a whole lot more. The lack of sales growth is actually the main piece of bad news, but it is unfair to talk about that symbolising everything the company does because it most assuredly does not.

Yes, this thing could still fail. It must achieve sales. But actually it only needs about $1m more in income to be on safe ground, and that is a tiny drop in the bucket from the many irons it has in the fire. Yes, there is no guarantee it will do that at all, but it is hardly fair to portray that as impossible in the circumstances, as no change on the situation 5 years ago. The situation has changed very massively and very positively in that time.

Yes, if it barks like a dog maybe it will be a dog. But this place is not barking like a dog. The situation has changed significantly every year for five years and there is certainly no trend in place (no NOT even income, which demonstrates no clear trend) to imply that this thing has no future.

As I say, your perspective is different from some of us. We respect that but would appreciate your noticing that we are trying to do something for the future of our country and your not implying that only total losers would consider doing something that doesn't have a short term profit. Even in the event of this thing failing - which I am not expecting - then I will still be very proud of having tried to do something very good here.

I look forward to you telling me that your comments have nothing to do with what I have just said, that you admit Blis may yet get off the ground but that basically it looks like a dog. When you've posted that, would you mind reading this again.

[simla]

would appreciate your ... not implying that only total losers would consider doing something that doesn't have a short term profit.

But I refuse to get emotional about it like that last post. That's when you start losing your shirt.

That's exactly the sort of comment that is difficult for us to feel good about.

I can hardly be called deconstructive to the economy!

In no way have I complained about your activities. I just wish you could be more aware of the possibility that our activities are okay too. It takes all sorts to make the world. Post away by all means, just try not to rubbish our objectives at the same time, that's all. You tend to mix your comments about Blis's future with other comments about people who have made the "mistake" of owning any shares. We're human, you know.

[simla]

Thanks, Moosie. I'm always hugely pleased to see opinions that disagree with me, believe it or not. Very useful as far as I'm concerned. I certainly don't claim your views are wrong. Neither of us know the outcome so far.

[simla]

From the "coals to newcastle" file comes this NZ product with K12 in it! http://www.healthpost.co.nz/suppleme...obiotic-bbbk12

[winner69]

were there any trades yesterday?

told you activity would drive up after the children went back to school

[brucea]

Hi Simla - I guess it is because it is their house brand and they supply people overseas (yes, I know Blis does that too!). I noted Blis K12 ads while I was browsing on line earlier this week. They were quite prominent too - well done Blis for capitalising on the internet as a means of spreading the message about the product!