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Well well. 50% rise in a month since I said to back the truck up. Reckon some shorts took a bit of a pasting here. Onwards and upwards. BUY.
The Pure story has been exciting. The problem at 600p was thay it was on big multiple. Since then revenues and earnings have grown and it's at 200p! Pure has market cap of £355m here. 2017 revenues of $155m, so 2x sales which is fine for a growth company. 23x earnings again is nothing for company where eps could grow 50%+ a year. Back the ******* truck up!
Dirty shorters I am afraid - manipulation. Great buying opp.
Just invested after research but can fnd any reason for the fall.. Anyone?
Hi all I have purchased a few of these recently as believe in the Company for what they represent and what they are trying to achieve. I am if the mind that with the new production plant opening early 2017 and the PC able to technically double production you would think that there would be a little more interest and movement based on the sentiment alone and with a newly appointed COO the picture can only get brighter from here? Would be good to here from any other holders with their independent views and opinions on the current PC vision for the next year or so......? SJ
Wtf is going on here?? Surprised this is falling
Replacing sugars with a natural lo cal sweetener like Stevia should be a slam dunk profit maker as long as production is reliable. Can't imagine why anyone would short this now: last year there was a shortage of leaf.
Where does LM get his figures from? Brokers have a price target of 600-650 and Shares Mag tipped it the other week. Surely they can't all be wrong?
Surely- When did he propose shorting it?
Interesting.
TnT, Lucien Miers recommends it as a slam dunk Short, overvalued beyond belief.
Why is there no chat on here? Yet speculative companies with penny shares and lose people money have lively bulletin boards. Obviously most pi's look to lose money not gain it. This company is in a strong position taking an increasing share of a growing market.
From http://www.proactiveinvestors.co.uk/companies/news/120180/purecircle-to-be-a-winner-from-sugar-concerns-suggests-macquarie-120180.html Purecircle to be a winner from sugar concerns, suggests Macquarie 13:25 08 Dec 2015 Sugar’s growing demonisation should drive the market for Purecircle’s (LON:PURE) stevia sweetener alternative, according to Aussie broker Macquarie. Mexico has been in the vanguard of this health drive with its introduction of sugar taxes in 2013. Since then, volumes at the leading fizzy drinksupplier are down by 5-7% with prices raised by some 15% to maintain the margin. Attempts to reduce the tax met with a wave of protest said Macquarie and academics now suggest a sliding scale for the worst offenders on the sugar front is a more elegant solution. A plant extract, stevia, is already being used as an alternative to sugar by drinks manufacturers and taxes will force food and drinks groups to consider it even more. The broker believes European governments, and the UK in particular, may follow Mexico and impose a sugar tax or at the very least a labelling system that makes it clear how much sugar a particular drink contains. Macquarie says that either way, tax or labelling, these efforts can only speed up research into calorific reductions, ultimately increasing stevia adoption and usage. Purecircle had a tough 2015, acknowledges the broker, due to tight stevia leaf supply which squeezed margins, but with prices now stabilising and the sugar debate underpinning the long term appeal, the shares trade on an unjustified discount to other sugar and sweetener groups. The broker reckons 30% sales growth annually is possible over the mid-term especially with India’s approval of stevia in November and the new US patent for Reb-M (zero-calorie) use in beverages. ‘Outperform’ with a target price of 580p, it concludes.
...is imminent. Increased investment with bigger profile, better liquidity, better regulation. No more AIM shenanigans. Only way is up.
Such an important product, and already widely used...astonished that this share has been such a slow burner...but it will have its day....!
http://tinyurl.com/nzm9grm Magomet Malsagov, chief executive of PureCircle (LON:PURE), says the natural sweeteners market servicing the food and beverage industry is worth US$90bn globally. PureCircle creates sweeteners from the stevia plant – a sugar alternative – an increasingly popular ingredient used to reduce calories in food and drink. Speaking to Proactive, Malsagov discusses the potential for the firm, regulatory challenges, big brands using its products and the long-term outlook for growth.
Why?
This is very positive as it differentiates the Pure product offering and cuts time to market. Great to see this kind of innovation happening. Superb long term buy at these levels. Director purchases and recent placing at 550-600p+. PureCircle Announces New Family Of Stevia Ingredients For Category Taste Breakthroughs At IFT 2015 CHICAGO, July 13, 2015 /PRNewswire/ -- PureCircle announced a new line of stevia ingredients at the 2015 Institute of Food Technologists Annual Meeting & Food Expo that delivers taste innovation surpassing other options available today. PureCircle Matrix Solutions is a new family of stevia ingredients that have been optimized for specific category applications and performs more similarly to sugar enabling deeper calorie reductions. "We are truly proud to be able to bring our customers this great new line of products," said Jason Hecker, PureCircle's President of Group Sales and Marketing. "Our tailored approach to innovation is unique in the industry. Matrix Solutions brings together more than a decade of PureCircle research and development and offers the very best of taste innovation to our customers." The PureCircle Matrix Solutions family includes new stevia ingredient Sigma-T, an ingredient with a clean sweetness profile, reduced astringency and bitterness and a sweet aftertaste that performs parity to sugar at mid-level sugar reductions. It joins the first product in the Matrix Solutions Family, Sigma-D, a dairy specific ingredient with a clean sweetness profile and preference to Reb A on key attributes, such as bitterness and licorice aftertaste. It has enabled customers to achieve no sugar added solutions with natural-origin, zero calorie sweeteners for the first time and was launched at Health Ingredients Europe in December 2014. "The ingredients significantly outperform first generation Reb A solutions and come from our deep understanding of steviol glycoside research," saidJohn Martin, PureCircle's Global Director for Technical Development and Innovation. "To see them perform similar to sugar on key attributes in our sensory panels is really an accomplishment." PureCircle Matrix Solutions brings together the company's expertise in working with the stevia leaf and its proprietary, predictive modeling technology to give customers a superior stevia solution for different food and beverage categories that cuts development time by 30 - 50 percent. "Understanding the complexity of the leaf and how it works in specific product applications can take up a lot of development resources and time, but these solutions take the guesswork out of stevia development," Martin said. PureCircle's food scientists at its Centers of Category Excellence have spent years working on Matrix Solutions, building upon steviol glycoside research learnings since the company's inception. PureCircle expects to expand the family of ingred
One would have thought that post the governments well documented potential to impose an addition 20% tax on all sugar based drinks, that as PURE holds most of the alternative market, that we would have seen some form of SP movement reflecting that option.... funny old world !
Cant work this one out today Buys Showing as Sells Decent Buys going through yet SP showings as Dropped Funny old Games been played Today
I likewise can't believe how little interest there is in what must be a tremendous product. Got to be worth more than this !
Its amazing that so little is posted on this share.Inward investment over the past few months may have dissuaded investors but their dominance in a truly global market has possibly recommenced.The ability to replace traditional sugar/sweeteners with substantial reductions in calories has to propel it forward.The issue of course is health/obesity,and legistlation may well be introduced to add impetus.Its principal clients are indeed global brands who have begun the switch to Stevia.Coca Cola et al are now on board along with other dominant brands.
From Citywire A visit to stevia sweetener supplier PureCircle (PURE) has given Liberum analyst Sophie Jourdier confidence that the company can hit 30%-a-year revenue growth. Jourdier retained her ‘buy’ recommendation and target price of 650p on the shares, which edged 0.5% lower to 572p yesterday. ‘The high calibre of PureCircle’s personnel came across and we came away reassured in our forecasts for c.30% per annum revenue growth,’ she said. ‘Food applications for stevia sweeteners are now fast growing, eg ice creams, Heinz tomato ketchup. This adds to the rapid growth from major beverage launches such as Coca Cola Life, Sprite and Pepsi True. ‘PureCircle remains the dominant global stevia sweetener supplier with 80% share and we believe [it] is extending its lead through its growing portfolio of stevia products and expertise in creating specific formulations for customers while guaranteeing quality and traceability.’
Liberum Capital has upgraded its recommendation on sugar-substitute producer PureCircle [LON:PURE] to ‘buy’ from ‘hold’, stating that the recent share price fall is unjustified. The shares have slipped by 5 per cent in the past month and are down by 11 per cent on a three month view. The broker also highlighted that the company’s first half trading update confirmed strong demand for its stevia products with sales up 24 per cent. “Recent launches of major stevia-containing carbonated soft drinks (CSDs) suggest PC sales are on track to reach $0.5bn on a 5-year view,” analyst Sophie Jourdier added. “After the 2014 refinancing and $44m placing PC has sufficient funds for the next stage of investment.” The broker left its target price unchanged at 650 pence a share. Separately, Numis upgraded its recommendation to ‘buy’ from ‘add’ (target left unchanged at 700 pence) on the back of yesterday’s first half update. The broker said: “A solid update, although it is early days as sales are very H2 loaded (65.5% arose in H2 last FY). “It was almost certainly the case though that the launch of CocaCola Life etc. had relatively limited impact on H1 sales so the benefits of this have yet to be reflected in the P&L.” - See more at: http://www.stockmarketwire.com/article/4953701/PureCircle-upgraded-by-Liberum.html#.dpuf
Slim chance you'll read this but if you do, good luck tonight!