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Like most football managers, after a period of time they lose the support of the players, fans it goes wrong, results aren’t acceptable.
The current board have been IMO poor during this pandemic.
Fruitflow information going back 11 years:-
https://www.google.co.uk/search?hl=en&tbm=isch&source=hp&biw=994&bih=606&ei=1OZvX7HxONyHjLsPl-6fiAY&q=Provexis+and+Fruitflow&oq=Provexis+and+Fruitflow&gs_lcp=CgNpbWcQDDoFCAAQsQM6CAgAELEDEIMBOgIIADoECAAQHjoECAAQGFDRDljLYmCDfWgAcAB4AIABSIgBjgqSAQIyMpgBAKABAaoBC2d3cy13aXotaW1n&sclient=img&ved=0ahUKEwixq9rfk4jsAhXcA2MBHRf3B2EQ4dUDCAc
The bashing brigade are out in force again! I normally take it as a good sign, let’s see where this goes. Fingers crossed for a very good update from the board for once!
Death by a thousand cuts aka A Provexis Shareholder.
Very narrow spread ,tightest it’s been for a while are the mm’s getting desperate !
I dont think this is a shake the tree move by the mms....I off loaded some shares last week and this week...I was lucky and bought a load at .26. Still have a sizeable chunk in here and will be adding again soon....this is and always has been a great product...just lacks investment in marketing. I'm sure that marketing will come when the funds are available and the time is right
Not long to wait for full year results....hopefully good news...
ATB and GLA
Sling....
Well newly arrived poster, you may be right that insults aren't necessary. The taunts in Colby's posts are clear for all to see, and you may feel very similarly to him since, as you say, you have largely sold up. I haven't, and am in profit even at this level. Does that make me successful and intelligent? My opinion is that it doesn't. Yet.
Largely sold up seems to be a dangerous space to occupy, money gone for ever, and willing to bash the share to attempt to take others down with him. Poor morals IMVHO
LOL, I'm too modest to claim to be successful although I have some golden tickets otherwise known as Valirx!! What a share and what a difference since the shareholders engineered a new BOD and chucked out the dead wood!!
I knew Alf would bite but I don't know what he's said and I don't really give a toss anyway! You're right about my optimism turning to frustration. I am extremely disappointed with the performance of PXS, especially in recent years and in particular, the abysmal leadership under the current BOD who have not said a single useful thing in 2020. It's China or bust IMO and we're all in the dark about that one aren't we!
Alf - why the personal insults just because someone holds a less optimistic view than you? All genuine opinions are valid and I'm sure Colbalt is genuine because I've been reading his posts for many years and over that time seen his initial optimism fade to frustration. It's particularly unnecessary because, as you shold know, Colbalt has filtered out your posts. Also disappointing to see that your personal attack was ticked up twice! Please can't we all be civil to one another?
New lunar - you say "There's been sod all volume. We've all been here long enough to know its just the MMs shaking the tree." Actually, that's not true because I've been here since the beginning and I don't know that. What an SP price drop signifies to me is an excess of supply over demand. If there was an excess of demand over supply, the MMs mark the price up and vice versa. If you think that the price is too low, then buy more, but given the lack of progress and any news here, it would be a real gamble!
FYI - I've sold most of my shares here but have retained a few just in case By-Health comes good.
There's been sod all volume. We've all been here long enough to know its just the MMs shaking the tree.
Was i wrong no the sp has again dropped now selling at 0.66 that is incredible no update ,probably leaving it to deadline
Really? You know of someone successful and intelligent?
Unfortunately, even successful and intelligent people don't always get investment decisions right. I should know!!
As expected, lots of discussion on sticky blood. Not even a whisper about Fruitflow.
Fingers crossed for better news from By-Health
Utterly predictable, our resident prophet of doom is instructed to give us all the benefit of his (lack of) wisdom.
Give us a break, this share has gone illiquid for obvious reasons in a difficult market. It would take a major sell off, which is the purpose of your involvement here. Aint going to happen, the panickers went years ago.
Need update this September 2020.**
From last results September 2019:- “significant multiple of existing Fruitflow sales.”
“Planned launch by By-Health, a £3bn listed Chinese dietary supplement business, of a number of Fruitflow based products in the Chinese market is progressing well. Potential sales volumes remain at a significant multiple of existing Fruitflow sales.”
“• By-Health has made a significant investment in nine separate studies in China, at its sole expense, in support of the Fruitflow based products which it plans to launch in China. Studies conducted in China are needed to obtain ‘blue cap’ health claim status for dietary supplements, as required by the Chinese State Administration for Market Regulation (SAMR).”
•" The five studies which have been completed by By-Health showed excellent results in use for Fruitflow, and provide strong evidence for By-Health in its regulatory submissions for Fruitflow. If a successful blue cap health claim is achieved it would be expected to result in some significant orders for Fruitflow, potentially at a multiple of Fruitflow’s existing annual sales."
Nazir, it's just a share nobody wants because there's no leadership or communication. Provexis rarely issues "good news".
You must be imagining that Mr Lucas will sell all of the shares he bought .
Can't see it myself, but then I don't get paid to post neggie stuff.
Here we go the start of the sp decline, and if we don't get any good news, we will be back to the 31
Order Number 147635 Friday 18th
Yes , i could only see the DSM logo
Snippet.
LX Yang is live ATM on FB
https://www.facebook.com/watch/live/?v=607671319908835¬if_id=1600776279312629¬if_t=live_video
They can't give anyone specifics, only point towards what is already in the public domain. Was the recent stock shortage also a clue?
The update will confirm the past. Some further detail of increased volumes, order sizes and/or anticipated launches would be very helpful. Most importantly someone commercially linking the benefit of improved bloodflow in a brand targeted to the worried well in the Covid era could tap in to a whole new market IMHO
Well done! You got a response however vague.
Within a few weeks, we'll know the figures.