George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Being sold to Adecco at 365p. They have been losing quite a few experienced and more senior staff lately, so maybe not a well kept secret, who knows? I don't imagine the high calibre consultant element of the staff would want to be branded with Adecco, but for the junior staff in the volume recruitment business, which is where they have been making their money I guess it spells more opportunity, if that is the kind of co you want to build a career with.
...perhaps you should try ramping it a bit?
The recruitment arm of the business, which has been a big driver of growth in the past two years, has lost a number of it's big players over the last six months and doesn't seem to be doing to well at replacing them IMHO.
good write up on oilbarrel.com re secondments from ENI to bolster Board strength at CAD. Must be one of the better recovery buys along with PTR.
That means $1m wiped off of debts, $0.65m to be received shortly, plus $2m gross margin of sales over the next three years. Turnaround time at last?!
PuriCore Reaches Settlement with Misonix in Litigation Companies Agree to Distribution Deal to Expand Wound Care Sales MALVERN, PENNSYLVANIA, AND STAFFORD, UK, 21 July 2011 - PuriCore(LSE: PURI), the water-based clean technology company focused on developing and commercialising proprietary, green solutions that safely, effectively, and naturally kill infectious pathogens, today announces that PuriCore plc (the "Company" or "PuriCore") has reached agreement for the settlement of its claim against Misonix, Inc., for breaches of warranty under the sale and purchase agreement ("SPA") in connection with PuriCore's acquisition of Labcaire from Misonix in August 2009. As part of the settlement, PuriCore will no longer be liable for $1 million in commission payments as defined in the SPA, and Misonix will reimburse PuriCore $650,000 towards costs and fees of the litigation to date. The companies simultaneously have agreed to enter into a distribution agreement for a private label version of PuriCore's wound care solution for use principally in conjunction with the Misonix line of ultrasonic systems. As part of this agreement, Misonix has the obligation over a three-year period either to purchase product or pay a minimum of $2 million in gross margin value to PuriCore. Chris Wightman, Executive Chairman of PuriCore, said: "This settlement marks a successful conclusion to the litigation. Additionally, this distribution agreement enables PuriCore to expand the sales footprint of its innovative wound care solution into ultrasonic devices, enabling effective cleansing and debridement treatment for patients with chronic and acute wounds."
where do people think this will get to this year?
good write up in investors chronicle today.....target price of 34p, agrees fun times ahead in next 6 months
really good rns last night, not sure why they released it after hours, just before a bank holiday weekend, surely would have had more impact on tuesday?
excellent rns at 6.16 last night, all good news, so why release it just after markets close for an extended bank holidya weekend, would hope this one should rise on tuesday, but cant help thinking the effects would have been more dramatic if they had released info on tuesday morning.
Excellent broker reviews on TNZ rate the co as massively undervalued, citing SP of 50p, a 4-5 fold increase. One of the real beauties with TNZ is that they are not only a producer, but more or less control the entire market place and channels, thus can pretty much capitalise on any fluctuations in supply and demand. A while back the Tanzanian Govt upped their cut on extraction and this had a reasonably big impact on the SP, but this has now left the shares looking hugely underpriced as market over reacted. Extraction, slaes and quality have been going up and new mining viens are being explored successfully. Recommend a strong buy, but as ever DYOR. http://www.miningmaven.com/k2/news/blog/tanzanite-onea-hidden-beauty/
....I think quite a few people are beginning to realise that this share got overdiscounted when they released the negative news about mare and then stated that they were considering disposal. Many probably assumed a fire sale, but they have cash in the bank and assets that would alone value the stock at double current sp even if Italy didn't come back on line, (which I think it is safe to assume that it will be exploitable in the future). There is talk over on iii about potential take over at £1-1.50, not a bad return...I'm holding.
....weren't they having some of their assets evaluated, (I don't know, but I know the BOD are looking at a sale as one option for the co, so evaluting ones potential assets would seem likely), is it possible that these may have been leaked and may value the co at more than the 15-20p range of late?
....press reporting of upturn in swine flu deaths in last six weeks, 10 adults in low risk groups, (i.e. not pensioners or children), have died from swine flu. The last swine flu outbreak had a huge impact on puricorelast time around as a number of their products are highly effective against h1n1 and other similar risks...plus the seasonal flu season is on us. Could this signal an end to the completely illogical sp errosion of the last six months and push this back towards where it should be?
...I agree, I think once some potential buyer shows an interest in this one, there could be romm for a little profit!
....not a sub 10 IMO, will rise if a major player with more influence registers any interest.
...obviously today's news isn't great, but evaluations of both the Malta and Mare schemes, value this share at around 80p, even with huge uncertainty re Mare, the shares are worth around low 20's, so whilst I see a high-ish degree of risk with this share, I certainly don't see it as an all or nothing risk..I see it as, either I will get roughly my 20p stake back or it may fly to 40.50.60?
...noted, lots of positive potential with this one, I think this is a perfect top up time, have personally added another £5k myself...time will tell, but not sweating myself.
...I wonder if now that Berlosconi is completely foccussed on running the country again, that a few decisions such as this one, will be given a bit more impetus...he is ever the capitalist and Italy needs some business boosts at the moment! This share has to be a buy at the moment as any positive news on the drilling restricttions issue, will probably send it straight back to c 40p +, with developements it then has a fairly clear run to C50-60p.
...had a few reasonable size buys late today, I'm thinking that news wont be too far away!