Member Info for greedisvgood

Spot on apart from the July sales - I would assume that at least firm orders will have been received by that point so there would be no issue regarding including the order book situation in any announcement to give clarity, particularly as this was the whole reasoning behind shifting the accounting dates ! Personally, even with a late spring, I'm pretty certain European customers would have purchased and even used the product by July - nothing much is going to be required from August onwards surely and they would also buy the stock in good time so at least they have it 'on site' to use as soon as it's required rather than rely on a supplier to turn supply around at short notice when all growers will be requiring the product at the same time ! Also this will be a timing issue yet again as in the event we have a normal/early spring next year there will be 2 season's sales in the next year's financials, exactly the scenario they pulled the previous team up on

Good news this millstone has been offloaded ! Sounds like a muted notification that revenue is not yet gaining traction but this will hopefully come within the next 12 months, definitely offset by the good news re the loan though Mention of break-even to July 2013, although I think this may be a little optimistic, but if it is reached we should see a significant uplift in SP

No - like I said just a few dribs and drabs here and there but nothing of real note and then a big chunk of PIM as hopefully my retirement fund ;)

Not really - both look like no brainers on the face of it but probably only worth a short term punt with wholly disposable income but wouldn't like to throw my mortgage at them. I would favour RRL on the hope that they may recover short term giving a speedy 33% - 50% slice but wouldn't personally tie my funds up long term without firm trusted information

Like I said - just in on PIM at the moment and missed the boat with gold years ago, wasn't really in a position to invest then anyway ! It's possible it has and I'm following CGH as a possibility but not dipping more than my toe in at this point

Was tempted with PHC at around the 50p mark but wasn't convinced it had hit the bottom (and more concerned that it wouldn't recover at all) so decided to continue reinvesting in PIM, not good to have everything on one horse but pretty confident the story will come good eventually and if not I'm hoping any takeover would be at least at the 45p Arysta invested at a couple of years ago - or failing that the directors would be looking to at least make something on their investments which were higher than the current SP

Keep hold for now - I assume the funds they raised last year will keep them ticking along until the next round of results and it only takes one key piece of good news in the meantime and the SP could take off like a rocket, and after 6 years of patience I would hate to miss out if they do ! This has been the case with PI since inception, the story is good and a key global solution to a sizeable issue - we just need that spark. One key deal with a big player and many will follow suit Let's just hope that key deal is imminent which I guess is what we were all hoping when Jones and Brubaker jumped onboard with their connections to Arysta !

Just hope there is not yet another round of fundraising which hammers the price back down again but I fear there will be at some point during 2013 !

Wait and see what the 2013 revenue ends up at I guess ! Common concensus appears to be £2m would be acceptable, although for an extended period I would expect this to be increased at least pro rata to account for the extension in period Historically I would see this as a poor result bearing in mind it would be less than a 4% increase on last year and 12% cumulative on 2011 levels - hardly groundbreaking success and I would anticipate increases such as these on established customers alone with new customer's revenue in addition to this - or are we not actually seeking out and obtaining new customers but just relying on developing existing accounts (with the exception of Brazil) Surely all our eggs are not in the Brazilian basket (after the promise and subsequent disappointment of the US potato market) and other new business should be coming to fruition year on year in the meantime - or is this why the previous sales force was disposed with, because new business wasn't forthcoming ?

The reality is that current management 'claim' previous management skewed the figures and they have corrected it - there is a distinct difference between what has actually occurred and what is claimed to have occurred ! Either way, take the revenue etc as a whole over the last 4, 5, 6 years and this will eradicate any timing/period issues and then decide if the sales have progressed at all during the past 4 or 5 years In my opinion if overall revenue isn't increasing significantly it points me towards the new revenue streams are being offset by lost revenue from previous customers/areas - maybe these are now being serviced by alternative suppliers or more recently developed products thereby meaning PI have lost traction in their previously successful markets

£2m plus revenue in 2013 - optimistic ? And surely WH Ireland will be receiving a retainer from PI - hardly unbiased opinion from them in that case ! Steady growth in UK/Europe ? If that's the case then which territories have they lost sales in and why ? You need to look at results from 2012, 2011, 2010 and then decide if you are happy with the performance of new or old management based on this !! A 12 month period is a 12 month period or are you working off a different calendar to the rest of us ? Minimal revenue increase in 3 to 4 years for an innovative product - and you think I have a flawed opinion ? Laughable ! Stick your head back in the sand !

Please quantify 'faulty opinion' for me and enlighten us all where your 'wholly accurate' info originates from ! Not an unhappy investor at all just one who wishes to see his money being used effectively and not poured down a never ending drain by ineffective management - this is/was a quality company with excellent products which not only would provide a great return for investors but also help solve an impending global crisis and I for one don't wish to see it fall by the wayside as a result of bad practice Why your unerring positivity regardless of the cold hard facts - did you buy in at 60p post float or 45p a few years ago and desperately need to see it recover ? I for one am safe as I bought in at sub 10p years ago and have continually topped up when able - and my current portfolio is still significantly above water and was throughout the last 2-3 years so I have no agenda at all apart from wishing to see clear concise information exempt of spin and embellishment

In addition you assume I'm an ex employee probably regarding my accurate reporting of staffing facts - conversely are you a current employee reporting on what basis you feel the terminations took or simply yet another Tom, Dick or Harry making assumptions from the outside ? It is irrelevant how long someone has been posting for - or is that yet another basis for your investment portfolio, if someone has been registered and posting on a company for 20 years they are clearly 'in the know' and all they say is gospel ? It's a good job I find clowns entertaining I guess ;)

aka PInterest on iii - I have held stock for over 6 years and been posting on iii for years too Quite simple really, talk sense and accurate facts or go elsewhere Where/how I obtain my info is irrelevant but suffice to say I will always ensure I post accurate true facts

Exactly - sales are king (and always have been for PI) The jury are now out on the new guard as they have now had almost 2 years in situ, the share price has halved since they came in, assumption (until proved otherwise) is that the sales have not increased (and maybe even fallen when excluding royalty payments), still a long way off break even, and surprisingly the 3 stage vision unveiled 2 years ago didn't have any specific timescales attached so no real benchmark to measure them by, apart from the fact that it doesn't appear to be progressing very fast ! Hold on tight - this could be a real rollercoaster over the next 12 months, lets just hope we don't crash and burn ! And a final point to H&N, if you were getting paid what I assume is a king's ransom to run a plc (as it enticed him away from a high level secure position at Arysta and a move from the USA to the wet and windy North of England) would you be prepared to sacrifice some of that income to purchase shares in your own company to possibly entice others to follow suit ? I think that answer is a foregone conclusion ;)

H&N - maybe get all your facts correct too - would you like to enlighten us on any members/groups of staff that left completely of their own accord and who was sacked or subject to redundancy ? I would find your comments regarding this area particularly interesting !! You give the impression of someone who is extremely close to this company and it's products/history but in reality it is starting to shine through that you can actually only focus on recent facts - the same issue that the company management have failed with over the years And yes the share price has improved recently but check the 5 year history as it's still a long way short of previous levels - we are all capable of cherry picking specific periods to suit our argument so try using the whole company history for accuracy, at the end of the day staff/management come and go but the company and its products remain constant - or on your basis would you expect the previous management to still be banging on about how they got the share price up to 45p - 60p at times and therefore were better placed to run the company ?!! Talk sense or spout your own diatribe elsewhere

Finally someone who has seen the same signs as myself over the years ! Sales have constantly been disappointingly below forecast and every single year there has been an excuse or manipulation of the figures - these excuses wore thin years ago with the result that the previous management couldn't raise any more capital without offering massive discount which disadvantaged existing shareholders - imho the previous management didn't deal with the sales issue early enough (and the current team persevered with the same sales team for another 12 months when sales were clearly the bottleneck for company success), groundbreaking products should result in massive year on year revenue increases but this never happened (all the signs of an incapable sales force or incorrect strategy) - lets see how Agrow now performs with the majority of the old sales force in place ! The new guard haven't particularly set the world on fire so far apart from uproot the company from its origins, decimate the workforce and the knowledge within (which commenced with the old team releasing the inventor of the product range - who was then given his 2 year restriction to develop improved products while PI drifted aimlessly along when it should have been leaving others in its wake) The strategy of this company has changed almost annually, it was always seen that the UK would not hold great things for its products so that market was always muted as a low level area of sales and concentration on the Middle East, Europe and latterly the USA (which was seen as a huge market particularly re potatoes as a result of one good season of trial results) Indeed the company was talking of opening an office in the USA when suddenly it disappeared off the radar and potatoes have hardly been mentioned since ! Then 18 months ago this strategy reverted to the UK (odd as they had previously agreed a blanket contract with a partner - surely only a requirement for a clerk to take repeat orders and the R&D team to push new products to them while the sales team could move onto other new zones especially as the UK really is a minute area globally) Now focus has shifted to Brazil so lets's see how sales are developing there in the next set of results - or is this yet another shift in strategy to delay the inevitable and buy management time to earn a living from a plc for an extended period of time when neither the company and its products (or the workforce) are not worthy of shareholder support ! In hindsight maybe the company should have concentrated on R&D alone and stuck with David Marks and just developed products, proved their success in trials, and then offloaded the product for royalty income before concentrating on the next generation of products without employing a complete sales force who appear not to have been capable of taking sales to the next level Interesting times - but please, no more excuses, manipulation, strategy shifts etc