Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Probably soon they are going to launch the many fruitflow products after getting the Blue Hat approval. They will probably make a offer to PXS as well, which will be very sensible and a lots of PI will support that.
According to the half year report yes.
"Planned launch by By-Health, a circa £4bn 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."
Is it significant multiples from By-Health alone?
IMO it won't be DSM who buy us out
To be fair to DSM they do seem to pay a decent multiple of profit for the companies they have bought out , let’s hope the“substantial multiple of existing Fruitflow sales “ Materialises this year .
DSM have shown the same number of shares for years so I am not convinced they have increased. This is from 2016.
https://web.archive.org/web/20160326214820/http://provexis.org/shareholder-information/major-shareholders/
With the fact that "potential sales volumes remain at a significant multiple of existing Fruitflow sales" from By-Health alone, then I would assume this will put us in a good position for any renegotiations with DSM.
No i’m Wrong on the DSM holding they still hold 143769000 share s in Pxs
Thanks Gixer , looks like things are going to change over the next 12-15 months , my guess is a DSM t/o , I think DSM increased there holding in the recent placing , I might be wrong on that .
"The Company announced on 1 June 2010 that it had entered into a long-term alliance with DSM to develop Fruitflow® in all major global markets, through an effective commercialisation of current formats and pioneering new and significant applications (the "Alliance"). Strategy, co-ordination, organisation and implementation for the Alliance is governed by an Alliance Board comprising two members from each partner company. The agreement extends initially until 2022 at which time the partners will review the arrangement. DSM will put substantial efforts into the Alliance and will be responsible for: manufacturing; marketing; and selling Fruitflow® via its substantial sales force. Provexis will be responsible for contributing scientific expertise necessary for the successful commercialisation of the product."
https://www.investegate.co.uk/provexis-plc--pxs-/rns/interim-results/201012160700080528Y/
Probably around June if it was for 12 years.
https://www.investegate.co.uk/provexis-plc--pxs-/rns/alliance-agreement-with-dsm-n/201006010700177846M/
The alliances agreement was signed in 2010 ,i was under the impression it was a ten year deal ! Anyone know how long the agreement actually is ?
We won't be around then. We will be swallowed up by .......
So we are in a position to make good profit from future orders. I’m hoping and expecting that PXS will be in a much better place in 2 to 3 years.
lol,
This was due to an earlier than anticipated reduction in the fixed level of overhead from sales that DSM gets before any profits are shared.
https://otp.investis.com/clients/uk/provexis_plc/rns/regulatory-story.aspx?cid=1569&newsid=797986
Sorry, by bigger I mean the sliding scale was moved forward so that the acceleration of profit was earlier than envisaged. Gixer will know for sure :-)
If I recall correctly, a later RNS stated that the 'sliding scale' had been re-negotiated between Provexis and DSM and that PXS would now get a bigger chunk of the profits than previously agreed.
It is. I get mixed up myself with some of the older ones.
Sorry about that Gixer, there are quite a few products out there now, its hard to say what's new and what isn't lol
No, not new I am afraid. The same company also do this one with FF
Nitroflow Supports nitric oxide (NO) production as does Red Beet Vinitrox.
https://www.sponser.com/en/nitroflow-performance-blackcurrant-10-x-7g.html
Is this another new product?
https://sponser.com.cy/product/red-beet-vinitrox/
Beers not??
He is here for long game. Buy out. We will all then get the same price and will be able to sell in one go. Let's hope it's by July when we meet for a few ??
You know that's not correct. We can all see the trades, few that they are.
22% spread WTF !