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Zenova – how “thrilled” to be with first deliveries to new sub distributor?

Fire safety and temperature management products and technology group Zenova (ZED) has issued an RNS commencing that it “is thrilled to announce that first deliveries of 13,654 units of Zenova FX500 handheld aerosol extinguishers for the USA market to our recently announced new sub distributor Petra Industries” and including “this is the first time that the Zenova FX500 is available for purchase in the USA and it is expected that orders volumes will increase as more distribution channels are opened in the USA”. With the shares currently responding more than 7% higher to 5.5p, how big is this news?

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Zenova – emphasises fire retardant paint order, but what about still the cash burn?

Zenova Group (ZED) commences a “paint order in Greece” announcement with that it “is pleased to announce an inaugural order in Greece for its proprietary fire-retardant intumescent Zenova IP paint combined with proprietary thermal insulation Zenova IP paint for the solar panelled roof market for a large international coffee producer with lots of warehouses across the globe”. Sounds encouraging, but what’s the detail?

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Zenova: a boastful fisherman wants you to say how clever he is after piss poor interims

The boastful fisherman in this case is Peter Brailey who has texted me repeatedly from the side of some dreary canal where he is spending the day boasting about how big a Roach he almost caught. Peter wants me to remind you about how on 6 October 2021 he warned you HERE that Zenova (ZED) was all hype and no substance. The market cap then was £18 million. Today, at 5p, it is just £4.8 million. But “who’s a clever boy then” warns it will get worse.

NEWSFLOW

Zenova (#ZED) – H1 loss £0.7m, cash down to £0.3m before recent fundraising

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Zenova Group – the hype is on fire

Zenova Group (ZED) was brought to my attention recently. It’s a new list on the (sub) standard list as a fire engineering products specialist. I was not impressed on reading the detail, so I asked a couple of mates if I had not really understood the investment case. Apparently my initial negative opinion was well founded.