The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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"In September 2020 Fruitflow was recognised in a review article by the Frontiers in Nutrition journal www.frontiersin.org/articles/10.3389/fnut.2020.583080/full which stated that nutraceuticals such as Fruitflow may serve as:"
"'A safe antiplatelet prophylactic treatment for those at high risk of COVID-19 who may also be at increased risk of thrombotic complications and an alternative to pharmacological compounds that may cause greater risk of bleeding.'"
Wouldn’t it be nice if pxs was moving into a bull phase! I was looking at the chart over the last 10 years, it’s possible...just an observation, no fact behind it.
With the news today, the news we are expecting with blue cap, any other potential large roll outs, this could cause an anticipation and so price could start to rise over coming few months.
Let’s see what happens, it would make an exciting change from the boredom of the past 10 years!!!
Anyway, bed time
Welcome back Bantom, it's been too long, great to see you're still on form mate.
All the best and GLA.
...where I put all them worthless bits of paper now!
Sock drawer.................biscuit barrel.........dog kennel.......Mrs Bs knicker drawer.....shed?
Whilst I look....here's a thought .....
They give us Covid....we sell them FruitFlow!
They need to buy a hell of a lot to make up for it! £10 a share here we come ;-)
Bantam
Well, that was an interesting day, and, first of all, it has to be said the news in the RNS was good news, and fair play to Ford for negogiating the contract.
It's a bit odd that, on the face of it, this may put us into competition with By-Health in China, but I'm sure they'll have been aware of what we intended to do, and I'm also sure they must be comfortable with it. It's also slightly odd that the distributor wasn't named. Given the RNS tells us the distrubution agreement is "with immediate effect", who they are will be public knowledge soon enough
Whether the news was good enough to justify a temporary rise in the market cap of quite a few million above where we ended up is debatable though. So, mainly to annoy Alf, I'm going to look into the entrails of what we know.
We know a manufacturing run of FF+ has been carried out at a cost of 90k to ourselves. We can probably suppose that a good portion of that is bound for China, lets say 60k for the sake of argument. We know the distributor will want to turn a profit, so we can guess what level of profit we might make on the 60k estimate. I'm going to guess we'll sell that 60k worth of stock for no more than 120k and turn a profit of no more than 60k on it.
What we don't know and can't even really guess at, is how much FF+ the distributor is going to shift. If they end up shifting enough stuff to mean we keep on turning the handle on ( say ) 60 to 90k FF+ orders every few months, we should do very well out of it. But if it's a once a year order, then, though good, it wouldn't be as good.
More generally, the cynic in me wonders if we've seen some forward selling from the placing today ? If we have, then it's not the end of the world because it would make the placing easier to get away.
BB
That's quite a hike in market capital for a company making losses and not likely to turn a profit until 2022! When the placing is announced, it could be a good time to buy a few, on the dip, for a speculative hold though.
See you, not Ulugun . Sorry
Such a shame some ex-holders (maybe have a few left) are so bitter. This is a big day today. We have broke the china market. Lot more to come in the 3 to 6 months. We will be more tha 3p by then (IMO) and still some will say see Ulugun at 0.35. So so sad
If you think it's a rutd then that's up to you. I don't and happy to see how China unfolds. Can't deny that its taken longer than I thought it would though.
Today was just a taste of things to come. I’m intrigued by the large number of small trades we had today - we also had some last week. Any good conspiracy theories out there ?
W$
Sounds good to me, Last time when the market in general was in pain, and Provexis share price shot up from 0.6p to 21p over 6 months as Coca-Cola showed interest in adding Fruirtflow to their products and then because they could not get the taste right for Coca Cola they pulled out of deal..
We all know Fruitflow does work and now the latest news is Fruitflow is to be available to all across China.
Which sounds good to me.
The Corona Virus attacks your blood flow by causing severe blood clots so to build up your immune system I recommend you advise all your family and friends to take Fruitflow which has been scientifically proven by the EFSA to improve blood flow and stop internal blood clotting .
"The agreement announced today grants the Distributor exclusive rights to import, market and sell the Company's Fruitflow+ Omega-3 dietary supplement product in China through the CBEC channel, with immediate effect. The Distributor will purchase Fruitflow+ Omega-3 as required from the Company, and the Distributor will then market and sell Fruitflow+ Omega-3 in China through its existing network of e-commerce and other sales channels".
"Fruitflow+ Omega-3 is currently available to purchase from the Company's e-commerce website www.fruitflowplus.com, Amazon UK and Holland & Barrett. Subscriber numbers on the fruitflowplus.com website have been growing steadily, and they currently stand at a further new all-time high level."
Sounds good to me.
with the rise over the last 2 trading days.
15% on Friday (with no news)
16% today (with great news)
Shame we didn't hold onto the highs but volume was the best its been for a long time.
But.... still the usual poster(s) try and talk the company down.
Did they
A/ Not close their short (very possible)
B/ Sell at a loss and have a chip on their shoulder (very possible)
C/ Realise they will have to eat their hat on new years day (definitely) lol
Im gonna wait for lower price. It may be a tree shake. Few shares have done this recently tomco today has done it. That halved my holding. Keeps doing it to share holders. Taking the pxxs out of holders so I've sold after years of being in here. But I will be back if we do go low. Beware of consolidation after next placing. If this happens
For a wee while we were a penny share!
Not sure if that was an exquisite tree shake or what. the news looked good, the rise happened and then in the space of 4 hours its drooped like a cucumber left out in the sun.....
ive slowly dropped from 6m to 2.5m shares and funded other disasters with the money (the last one was just before - like 1 hour before - we pitched up to 0.74 pence - haha) . i have promised to buy back the missing shares, so today i thought it would cost me a mint to do so. sad to say it looks like ill be buying back at the old price by midday tomorrow.
still it was nice to see 1.4 pence
Great rise back to nothing again. If a placing comes that will mess the lot of this up. Sareum made great gains last week now doldrums again.
http://www.maritimegateway.com/chinas-new-strategy-cross-border-e-commerce/
thoughts
An buyout is very possible though. By-health already spent £'s, get it cheap at 5p now, huge upside for them. Then price is set, no mass selling into rises etc. Preferable option.
It's an offence to intelligence that the old duffer really thinks that others have judged things as badly as he did. By his own admission, he sold most of his holding at a massive loss a couple of years back, thereby putting the remainder at an average that is unattainable. Whereas I'd wager that the vast majority either sold up, moved on and shut up, or continued to add periodically. If some took a loss and quit, that's the market, wish them better luck or judgement on other stocks. Those that took the second option are likely now looking at tidy gains, if they take them, again that's the market. Only one persists in pouring out his bitterness continually.
Me? No I'm not for selling, but each to their own
Hope some of the "lifers" sold on the spike earlier and we now welcome a future generation of "lifers" who have bought in on that spike on the basis of FOMO!
Obviously good news this morning as long as they're not competing against themselves in China but until the company is making enough money to show a profit, the need for funding by placings will be a dampener and the elephant in the room. I guess the placing will now follow in short order.
Probably be ok in the end but there are may people who just want out after 10 years of attrition IMO. This will be a major dampener on future rises.
"The Distributor will purchase Fruitflow+ Omega-3 as required from the Company, and the Distributor will then market and sell Fruitflow+ Omega-3 in China through its existing network of e-commerce and other sales channels"
Sounds like a money up front deal?
Massive increase in stock levels were purchased recently (£90k) so can only assume the extra stock was anticipated for China. Could be a big first order for China but wouldn't like to guess how much profit per pack that would be.
Is it possible we could dodge the fund raise? at least temporarily until we find out how popular FF+ is.
Very good news. It’s a big step in the right direction and only shows it’s very likely blue hat approval coming!
Also look how fast it moved on little volume. When we get the big news this should fly very quickly.
Hopefully it holds some of its gains and maybe even moves up slowly over coming months.
Been a 10 year wait but I am feeling more excited and positive about this.
Even a 5% market share of the 260m Chinese people with heart health issues is huge numbers, and could easily put pxs share price at 10p. With the right marketing by by-health it is very very possible.
We don’t even know what is happening in the rest of the world yet?!
Anyway good look to all LTH, I hope for a good takeover :-D
C'mon, when will his dog of a share get to 22p! where's the dragoonnnnn rebornnnnn to pump it up??? 12 long years still no sign of 22p or was he stating 50p at one point??! We need Bantam **** right now to shed a lot of humour onto this board! Is he still around?
And were off to the horses again! Place your bets people, place your bets!
BoPulist - that was my first thought.........seemed very strange. Maybe this is an interim agreement prior to Bluecap and it's in ByHealth's interest because CBEC can help develop the market for ByHealth to reap future rewards if/when blue cap has been awarded
Don't talk nonsense again Alfista, that's not breaking market rules.......a number of CEOs do. Gerard Brandon does fairly regularly on DVRG that i'm invested in. Your defence of Fordy and the lack of action knows no bounds and given you have plenty of time on your hands, it all makes sense now.
Today bodes very well imo. When we receive proper news this thing will fly nicely. Can't be too far away from blue hat now.