By HotStockRockets | Friday 12 May 2017
Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Concepta (CPT) has announced major news. But whichever fucktards are paid £5,000 a month for writing its press releases have done their best to bollocks it up. Step forward Yellow Jersey PR, a haven for the morally bankrupt or intellectually challenged. Anyhow, Concepta has announced its first Chinese distributor.
It has signed a distributor agreement with Beijing ThinkBrio Medical Technology Consulting Co., Ltd. The deal is a three year one for the LiaoNing province in China. If successful Concepta intends to seek extension of the agreement with ThinkBrio to cover further Chinese territories.
We are told this deal "allows Concepta the opportunity to evaluate our logistics chain and marketing activities. It will allow us to gather data and experience for discussions with further distributors in China down the line and will help us to fine-tune our strategy for expanding manufacturing capacity." Yadda. Yadda. Yadda.
So what are we not told:
a) any idea of when sales might actually start?
b) any idea of what sales might be?
c) where is LiaoNing and how big is it?
For what it is worth, it is in North East China and in 2010 the population was 43 million and growing. So it is not a trivial market. We did that research for you. Maybe we should charge Concepta for getting data into the market which the fucktards at Yellow Jersey are too stupid or idle to do? Honestly this press release was one of the worst we've seen in a long time for just not saying anything of import.
For what it is worth, the noises from the company are that we will see sales really very soon indeed. And that there will be a roll out into other provinces in China pronto. Well why not give a timeline on when sales might occur in the god damn release? Why not quantify them?
We believe Concepta will deliver and we hope it gets in a less useless PR team to convey that message when it does deliver. We expect that all to happen soon and that this will prompt a dramatic re-rate to 24p+. And that is why we are very much of the view that the shares are a strong hold despite the useless advisors this company employs.
This article first appeared on HotStockRockets, where two emergency share tips were published this week. For those, and to catch the next red hot share tips from the HotStockRockets team out shortly, for just £5 click HERE
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