Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Started: InvestTogether, 8 Sep 2021 09:48
Last post: uNkwnTrader, 11 Nov 2021 16:25
Well, this has seven bagged since I first found it, never did buy any, couldn't at the time.
Well done.
For balance, here is the very cautious and almost negative Outlook statement:
With a strong order book, the Directors believe at this time that the second half trading will be in line with the first half trading subject to further disruptions by COVID-19 and/or supply chain and logistics challenges. The Directors caution that the risks in the supply chain are substantial and there will very likely be disruptions impacting the business.
For balance, here is the very cautious and almost negative Outlook statement:
With a strong order book, the Directors believe at this time that the second half trading will be in line with the first half trading subject to further disruptions by COVID-19 and/or supply chain and logistics challenges. The Directors caution that the risks in the supply chain are substantial and there will very likely be disruptions impacting the business.
PPIX - a company of the future- have just released a fantastic set of Half-Year results. A set of results that the Directors believe will carry on into the second half of the year based on their strong order book. Based on these results and the Directors optimism for the future, I believe we are looking at a potential 10 bagger over the course of one year and compounded growth every year thereafter.
Company overview:
Market Cap valued at £5.64 million
Cash in bank: £2,18 million - half the value of the market cap!
Profits doubled from H1-2020 to H1-2021.
Time to buy, quick!
?Hello All??
(tumbleweed...)
Haven't been investing long..never had a takeover happen until..bus like..3 come along at once..includiing ppix.
Not the busiest of BBs ..
Anyone have an idea on the process and the timeframes involved here?
Any help much appreciated.
Started: faz147, 8 Sep 2021 09:05
Last post: faz147, 8 Sep 2021 09:05
Tim Losik, President & CEO, commented:
Financial
"Overall, I am pleased with our results for the first half of 2021. The Company experienced improvement in virtually every financial metric, including revenue, gross profit, operating income, net income and adjusted EBITDA as compared to the first half of 2020. Further, we increased our cash balance to $3.0 million, while further paying down debt.
Started: Libero, 6 Oct 2020 16:54
Last post: LunaNera, 16 Feb 2021 06:57
Whoops. It should have said PEG of 0.2 instead of 2.0.
Apologies
Is it really?
I am seeing a business whose returns are in rather high double digits,. A low forward PE (5.7) and a PEG of 2.0.
The bottom line is that on the quality and value metrics it looks rather good.
So what about their debt?
Just recently the company became profitable. It has 1.94M in cash with a net debt of -1.33M (both TTM). Compare that to these in 2019 of 1.44 and 0.14 respectively.
Arguably, their debt is no longer a going concern.
However, fheir low liquidity in share Capital, is. If one is not bothered by this, then this position offers a rather interesting opportunity....
DYOR
thank you for posting the KPMG, they have 5 new products but knowing they have so much debt is a major concern.
This has caught my eye yesterday with the rise but I've been put off rather fast because KPMG have made a point of saying the below in response to the audited 2019 results.
Why is this so concerning? because there's been LOADS of companies in bad financial health which have gone on to fail miserably under KPMG's watch as auditors where they have said nothing at all. So why did they feel the need to say something here? Troubling!
"We draw attention to note 1 to the financial statements which indicates that the ability of the group to continue as a going concern is dependent on the external lender not calling in the debt owing to it should the group,
in a severe but plausible downside scenario, breach its loan covenants. These events and conditions, along with the other
matters explained in note 1, constitute a material uncertainty that may cast significant doubt on the Group’s ability to continue as a going concern.
Our opinion is not modified in respect of this matter. "
Started: Nevas, 11 Nov 2020 14:46
Last post: Nevas, 12 Nov 2020 10:44
Some one buying 100 000 blocks daily
Up from yesterday if infact they were sells..
Sneaky
Someone buying...big enough chunks for this
Something occurring
Someone buying...
Started: craig140583, 5 Oct 2020 12:08
Last post: powderfinger, 6 Oct 2020 16:00
up again in America. 13% up after yesterdays 150% rise
Some on liked it yesterday 7.75 ..nice buy.
So must be some faith in this
No news, no RNS. Anyone care to explain to a relative newbie what happened here?
Yep, an obvious buy for longest time, like many.
Did not buy myself as never updated my acc to buy US listed stocks but well aware of it.
Remember this around the 1p mark not so long ago!
Last post: dfallows, 5 Oct 2020 22:00
Evening ladies and gents,
Can anyone confirm whether Prophotonix supply a company called Paraytec with any type of equipment but in particular flourescent detection?
Sorry if this is common knowledge but if it is I can't find it...
Started: Fallingknife1, 17 Sep 2020 11:48
Last post: Psmita, 17 Sep 2020 13:41
No Idea whats pushing this up , i have shares at 0.9 so nice to see it mopre than double but little buying , no chat and lack of news feeds .. seems very strange
Top of the leader board so I came on here expecting to see lots of posts and particularly advice of not wanting to be out of PPIX this afternoon. That the MM's want your shares and treeshake when it retraces a little. Can't be long now though. :)
Some higher priced trades put through NEX
https://www.lse.co.uk/ShareTrades.asp?shareprice=PPIX.GB.PL&share=Prophotonix-Limited
And 2 years ago it was 12p
The last time I was in this with a good amount was July 2017, the shares price then was 8.5p. I have been buying in again over the last number of months as it is undervalued but they don't push the company much or use PR.
£1.4m in the bank in May '20 - I did not expect that. this is a high risk share at a low market cap, so I expected them to have much lower than that.
Started: SharePicks, 29 May 2020 12:32
Last post: SharePicks, 29 May 2020 12:32
https://www.bbc.co.uk/news/business-52535125
The little lights now packing a deadly punch
By Jessica Bown
Technology of Business reporter
29 May 2020
"The tech we are working on could transform water sanitisation techniques and offer access to clean drinking water to even remote developing regions via portable systems," says Christian Zollner from the University of California in Santa Barbara.
Mr Zollner has been working on light emitting diodes (LEDs), the long-lasting technology in modern lightbulbs. They are probably in the lightbulbs in your house, or the headlamps of your car.
Because they are tough and energy efficient, researchers are always trying to find new ways of using them.
Mr Zollner and his team have been working on LEDs that emit ultraviolet light, in particular UV-C light, which is deadly to bacteria and viruses, including the coronavirus.
His goal is to make those LEDs more powerful, robust and cheaper.
"Right now, UV LEDs are capable of a few milliwatts of power. Our aim is to make them 10 to 20 times more powerful.
"Our focus previously was mainly on using them for water sterilisation, but the Covid-19 pandemic has made us realise there is also a big market for sanitising surfaces and equipment. If there is another virus situation in say five or 10 years, this technology could be very useful."
At the moment his lights are powerful enough to cleanse a closed cabinet, but need to be 20 times more powerful to zap a whole room.
The light can also damage human skin and eyes, so the commercial applications are limited.
But one firm has found a use. Californian firm LARQ makes what it says is the world's first self-cleaning water bottle.
Its solution to prevent exposure to UV-C light is to ensure the tiny UV LEDs in the lids of its bottles only come on when the bottles are screwed shut.
Users must then push down on the lid to activate the technology, which the company claims eradicates more or less all bacteria and viruses in 60 seconds.
Image copyrightLARQ
Image caption
It might look like an ordinary bottle, but it can zap viruses
LEDs have come a long way since the first were produced in the 1960s.
Back then, the only light the semiconductor devices could generate was an infrared light invisible to the human eye.
Now, they cover the entire visible spectrum, as well as infrared and UV light and come in a dazzling array of forms.
Micro-LEDs that measure less than 1mm across are another of the latest variants.
Designed for use in high-end screens, micro-LEDs promise blacker blacks, brighter blues.
Image copyrightSAMSUNG
Image caption
Samsung's giant new screen uses micro-LED technology
Samsung has been showing off its massive screen made of micro-LEDs at consumer electronics shows.
"Micro-LED display technology offers a huge improvement to standard LED panels due to its optimum brightness and image definition," says Damon Crowhurst, head of display at Samsung UK.
Started: SharePicks, 30 Apr 2020 09:14
Last post: SharePicks, 30 Apr 2020 09:14
in the U.S.
Started: SharePicks, 29 Apr 2020 15:00
Last post: SharePicks, 29 Apr 2020 15:00
Started: SharePicks, 29 Apr 2020 08:24
Last post: SharePicks, 29 Apr 2020 08:24
https://www.foxbusiness.com/technology/far-uvc-light-coronavirus
HEALTH CAREPublished 18 hours ago
Far-UVC light could be 'game changer' in coronavirus fight, researchers say
According to Columbia University researchers, far-UVC can kill viruses and bacteria on the surface without harming human beings
It also looks like blue laser diodes are in demand in the marketplace.
Started: SharePicks, 28 Apr 2020 15:53
Last post: SharePicks, 28 Apr 2020 15:53
https://www.newsmax.com/health-news/uv-light-ultraviolet-treatment/2020/04/27/id/964848/
Using Ultraviolet Light to Kill the Virus
Started: SharePicks, 28 Apr 2020 10:42
Last post: SharePicks, 28 Apr 2020 10:42
https://www.reuters.com/article/us-health-coronavirus-germfalcon/coronavirus-pandemic-inspires-demand-for-uv-airplane-cleaner-idUSKCN2263AC
PPIX already has a consortium for water disinfection using UV technology.
https://www.thesun.co.uk/news/11493630/uv-light-treatment-testing-coronavirus-trump/
LIGHT THE WAY UV light treatment to fight coronavirus was already being tested when Trump was mocked for floating idea
Lucy Sherriff
27 Apr 2020, 19:13Updated: 27 Apr 2020, 19:52
Started: SharePicks, 27 Apr 2020 14:07
Last post: iaintgotaclu, 27 Apr 2020 15:21
and where are they listed ?
Check out AYTU they are the company looking in to uv light etc
i think they could be looking into this kind of stuff sharepicks well done good find
https://www.youtube.com/watch?v=hmJKSl9zD28
Can UV light kill covid 19?
Already being tested
https://www.jpost.com/israel-news/israels-iai-tests-uv-light-solution-to-sterilize-passenger-aircraft-625983
Israel's IAI tests UV light solution to sterilize passenger aircraft
"The usual cleaning solutions require a lot of time, and involve chemicals, water and liquids. Passengers cannot board the airplane until it has dried out,"
By EYTAN HALON APRIL 26, 2020 18:06
PPIX already involved in UV disinfection for water - see March RNS
Started: iaintgotaclu, 27 Apr 2020 11:40
Last post: iaintgotaclu, 27 Apr 2020 11:40
BOOOOOM Covid 19 cleaner for planes
Ooh lala
Shining bright with the blue UV light
Started: SharePicks, 20 Apr 2020 12:38
Last post: SharePicks, 20 Apr 2020 17:32
Well unfortunate but the report on the 18th this month:
UV Lasers Market to Witness Massive Growth
Would be excellent for PPIX but covid has slowed it all. However this is a company with a market cap of just below 900k and turning over $14million. Its UV LED technologies may well be applied.
Possibly so. With a market cap of this size, any news linked to Covid-19 where they can help fight the virus would go down very well. I suppose we will wait to find out as they would have to RNS the news if it was material.
The march rns states that PPIX were going into a consortium for UV water disinfection and would apply those technologies once appropriated.
I think this is another area where uv LED tech will be used.
Interesting but do we know if PPIX is involved in this or wanting to? this share was on my watch list about 4 years ago and I have only revisited it because of its tiny market cap. Are results due?
https://abc7news.com/health/california-researchers-look-into-uv-light-to-help-kill-covid-19/6115268/
Coronavirus: California researchers look into UV light to help kill COVID-19
Sunday, April 19, 2020 7:33PM
Started: SharePicks, 20 Apr 2020 17:18
Last post: SharePicks, 20 Apr 2020 17:18
https://www.investegate.co.uk/prophotonix-limited--ppix-/rns/prophotonix---uv-led-water-disinfection/202003160700079594F/March 16, 2020ProPhotonix Limited("ProPhotonix" or "the Company") ProPhotonix partners with Consortium to develop UV LED Water Disinfection Technologies 500,000 Grant Award ProPhotonix Limited (London Stock Exchange - AIM: PPIX & PPIR, OTC: STKR), a high technology designer and manufacturer of LED illumination systems and laser diode modules, with operations in Ireland and the United Kingdom, is pleased to announce its participation in the REWATERGY consortium that was awarded an EU Horizon 2020 grant to develop innovative reactor solutions for disinfection of water in domestic and large scale markets utilizing UVA and UVC based LED technologies. ProPhotonix's award under the grant amounts to €500,000 - subject to the terms and conditions of the grant. The total grant awarded amongst all participants of the consortium totals more than €2.1 million. The entire project is expected to be completed within 48 months from inception. REWATERGY is a Marie Sklodowska-Curie European Industrial Doctorate (EID) training network funded by the European Commission within the Horizon 2020 research and innovation action. The consortium comprises three universities; University of Cambridge (UK), Rey Juan Carlos University (Spain) and Ulster University (UK) as well as two other partner companies; Delft IMP (Netherlands) a designer and manufacturer of nanostructured catalysis materials and FCC Aqualia (Spain), a global water management company, who offer collection, purification, distribution, and treatment of the water collected from the natural environment. ProPhotonix's role in the project will be to deliver a number of UV LED based systems for these applications. Ken Reynolds, Business and Technology Manager of ProPhotonix Limited (Ireland), commented: "Working in close co-operation with our partners, we will deliver a number of novel UV LED solutions for the photo and electro disinfection and decontamination of wastewater and drinking water. Upon completion of extensive field testing and refinement, UV LED based systems are expected to be commercialized at the end of the project. Further, the additional expertise developed for REWATERGY will enhance ProPhotonix's offering for broader applications." Enquiries:ProPhotonix Limitedsales@prophotonix.comKen Reynolds, Business and Technology ManagerTel: +353(0) 21 5001315Cantor Fitzgerald Europe(Nominated Adviser and Broker)David ForemanLuke Philippou
Started: SharePicks, 19 Apr 2020 20:22
Last post: SharePicks, 19 Apr 2020 20:22
https://www.sciencedaily.com/releases/2020/04/200414173251.htm
Science Newsfrom research organizations
Ultraviolet LEDs prove effective in eliminating coronavirus from surfaces and, potentially, air and water
Date:
April 14, 2020
Started: SharePicks, 19 Apr 2020 19:47
Last post: SharePicks, 19 Apr 2020 19:47