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Provexis Share Chat (PXS)



Share Price: 0.82Bid: 0.80Ask: 0.84Change: 0.00 (0.00%)No Movement on Provexis
Spread: 0.04Spread as %: 5.00%Open: 0.83High: 0.83Low: 0.82Yesterday’s Close: 0.82



Share Discussion for Provexis (PXS)


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colbaltblue
Posts: 494
Observation
Opinion:No Opinion
Price:0.74
View Thread (3)
RE: Right then
23 Apr '14
Alf, just to add to that, I also liked the use of the word "forthcoming" in the context of consumer brands.Obviously more stuff in the pipeline.
 
alfista
Posts: 11,558
Off Topic
Opinion:No Opinion
Price:0.74
View Thread (3)
Right then
23 Apr '14
So, who was surprised? The trades of the last few days have been shouting something, and that was MM's busy preparing the ground for what they knew was happening.
The amount involved doesnt add up to a whole hill of beans as a pecentage of the total shares in issue. What I found different this time was the statement by DB of where we are at, a strong affirmation of progress, and a reiteration of the phrase "profit distribution".

the EFF was there, and it was used, I have no issues with that. As for using it when they have said they had funds, well that has been done before, so, as I said, who is surprised? Get over it, business is business.
IMHO
TheRealDragon
Posts: 127
Off Topic
Opinion:No Opinion
Price:0.74
View Thread (2)
RE: Gixer
23 Apr '14
In defence of PXS - and I don't say that lightly! - when they say they are fully funded it could have taken into account the fact that they will be drawing down on available funds. I read it that way...
jasonbourne1
Posts: 84
Off Topic
Opinion:No Opinion
Price:0.74
O dear
23 Apr '14
"Further, as manufacturing volume increases unit costs will decrease, enabling more positive margins and thus profit distributions to the Company." At the current margins this tells us that provexis wont get any profit distribution. They need larger volumes (who knows how much larger) to get even a penny. What is going on. The agreement between moon and DSM is getting more laughable by the minute. I wonder how DSM charge for producing ff. Do pxs monitor the costs they put towards its production? And why have a £45k drawdown if income was likely before 2016? This tells us its mid 2016 at the earliest and i think many will start to wonder if pxs will ever make anything from ff.
colbaltblue
Posts: 494
Observation
Opinion:Strong Buy
Price:0.70
View Thread (2)
RE: Drawdown
23 Apr '14
Andre, you have to register a trademark before you can sell goods and thus make a profit!!

Basic commonsense really!
bensib
Posts: 589
Off Topic
Opinion:No Opinion
Price:0.70
View Thread (2)
Gixer
23 Apr '14
For once I have to disagree with you.
To state that the company is fully funded especially when an RNS is issued would be and should be taken by shareholders to be fact!
To then draw down 'post fact'/rns. is not on!
It not only breeds discontent. It is naughty to mislead. And that is what I believe has just happened.
Gla
cater
Posts: 89
Off Topic
Opinion:No Opinion
Price:0.70
Love it
23 Apr '14
This does prove one thing. They don't quite know what they are doing. Is maintaining there ip a shock for them? When they used the eff in sept they got better share holder value than they have today. So to do this shows they are not very bright or they really don't care about the shareholder. But that said I will make more profit on my short position so that's that.
jonesy229
Posts: 250
Off Topic
Opinion:No Opinion
Price:0.70
gixer
23 Apr '14
what does fully funded mean to 2016 to me it means they have funds till 2016 when you do your calculations to you take everything into account .or are you trying to tell me they did not know they had to fund these trade marks before
hand.Hardy bears well does it
cinders1
Posts: 9,028
Off Topic
Opinion:No Opinion
Price:0.70
sure
23 Apr '14
Alfie will have a positive spin to pit on it Shocking imho
gixer
Posts: 587
Off Topic
Opinion:No Opinion
Price:0.70
View Thread (2)
RE: rns
23 Apr '14
Where did it say we are skint?

You cant fund an additional 10 trademarks in international territories and still have the cash to last till early 2016.



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