Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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Just came up on my system... http://theartofstockpicking.blogspot.co.uk/
in three trades just gone thruogh..?....
Nice start to the week here, great potential. Slow and steady will do just fine.
tipped this at the weekend,along with BES.Lets hope that doesn't send them into freefall,like many of their recommendations.
extra update...third of a page spread about this comp...gla... its had a gud run since the last midas tip a month ago..lol...
Halosource Ticker: Halo More than a billion people today do not have access to clean drinking water and around 85 per cent of disease is waterborne. HaloSource has developed a cheap and effective way to purify water, certified by regulators across the world. Yet the company’s stock performance has been dismal since it listed on the Alternative Investment Market in October 2010. Then the shares were 135p. Today, they are just 26p. For investors who bought two years ago, therefore, HaloSource has been a huge disappointment. For investors today, however, the stock could prove a winner. HaloSource came to market because it had worked out a variety of ways to make water safer, not just in the home but also in industry. Originally run by chemist John Kaestle, the company’s research and technology were widely acclaimed but its commercial record was unimpressive. Trying to fire on too many cylinders, it lacked focus and failed to deliver on its promises to shareholders. Last October, Kaestle was replaced by Martin Coles, a Welshman who has spent more than 30 years on the boards of some of the best-known companies in the world. Most recently, president of Starbucks international business for six years, he was previously an executive at Reebox, Levi Strauss, Nike and Pepsi Cola. Coles is determined to revitalise HaloSource and turn it into a company that does not just have good ideas but can put them into commercial practice and deliver value to shareholders. After almost a year at the top, the signs are encouraging. Halo is now focused on two main areas – drinking water and industrial water. On the drinking water front, the company has devised a way of using bromine to purify water. The chemical is injected into tiny polystyrene beads, around half a million of which are placed into a special cartridge that can be then be placed into a simple water dispenser. As the water is poured into the dispenser, the chemical is released in minute quantities, just enough to make the water safe to drink. Traditionally, chlorine has been used but Halo’s bromine technology tastes better and does not smell. It is also cheap – sufficiently so that these water dispensers are being sold to people in India, China and Brazil who earn around £70 to £100 a month. Halo only makes the cartridges but it is forming partnerships with large companies in Asia and Latin America who make and sell the water dispensers. In India, eight million people already drink water treated by HaloSource cartridges but there are expectations that this number will grow significantly over the next two to three years. Coles is recruiting new salesmen to spread the word and using contacts amassed during three decades in international business to winnew contracts and boost revenues. The company also gained regulatory approval from China recently, the only business to have passed new Chinese drinking water standards imposed after the mela
WH Ireland initiated coverage on Halosource (HALO) with a "speculative buy" recommendation and 36p price target, noting the clean technology firm's water treatment products have a massive potential in developing markets. The broker believes the recent appointment of Martin Coles as chief executive should be "transformational", as he has excelled in marketing dominated business such as Starbucks, where he was chief operating officer, and Reebok, Nike and PepsiCo, where he held various executive and senior management positions. In addition, the broker notes, the recent signing of a number of distributor agreements should have an immediate positive impact on revenue and profits
I think this looks good. Am I wrong?
Am I the only one who has bought HALO shares thinking that there is an excellent market for water purification etc. with so many floods and other water problems around? I should have been suspicious that there are no details of directors' deals.
TOSIS LEAVES A BAD SMELL
in The Week 13Nov picked from 'Shares'. Described as water purification products having 5m users in India, strong growth prospects should be in the black by end of 2011 buy 151p. Sounds like a good ethical share.