Member Info for sphinx100

Dow up 400 points Friday, Asian markets flying except Japan , feel we ave turned the corner on this one , I expect to be somewhat north of here come Friday .

Hope you meant 2023 !

Gixer’s find now on By health site now , sounds like Fruitflow is going to be a big part of their future plans ,all getting very interesting . http://www.by-health.com/en/aboutus/news/4604/

All resolutions passed.

And of course that is for 9 months not a full year !

Ever , unlikely , Lifespace ‘s sales are exploding , and I would expect ff to do the same , “During the reporting period, the probiotics track performed well: "Life-Space" domestic products achieved revenue of 253 million yuan, a year-on-year increase of 53.33%; overseas business LSG operating income was 124 million Australian dollars, a year-on-year increase of 21.71%, continuing to maintain a growth trend”. That’s about £30m sales in China and £70m for the rest of the territories . £100m in just a couple of years .

Always a good sign of confidence in their company , makes you think this has

Seem to have the products which are a good fit for ff in the US , https://www.businesswire.com/news/home/20220915005311/en/Momentous-Announces-6.5M-Series-A?mkt_tok=MzM5LVNYVy03NjEAAAGHR8tFoJ4Mnse-bY7jjLfg1Wr3Hy89g-xoZxWQiq4rpvaMP9g2K_ev8YLUIeeL1XWZumlmSfHefjdqnDpx_m0wup2YyfbCawk3Ur93GnTKulanx7ZJ

I put the increase in income from ff+ down to the CBEC distributor , again in the small print , the small batch sent to them has gone and a new larger batch was sent out in August 22 . So they are selling ff+ without Blue cap ! The new larger batch should sell a lot easier with Blue cap .

Reading through the results it does seem to me that the DSM agreement was quite restrictive on what pxs could or couldn’t do . I also think DSM had the lions share of the income so maybe only 10% came our way , why else would DSM hold €1m of inventory !

With €1m of stock you would hope that would be enough for several £m income from By health orders, so maybe when money starts rolling in it would pay for more production runs , but I suppose stock levels would have to be kept high in case of large and unexpected orders coming in , I’m no expert just my view .

I think it depends how much stock DSM can shift in the last few months of the year ,whatever is left pxs could buy , so its a bit a bit of an unknown at this stage .

Pxs website updated , at least Our main holders haven’t sold any , https://www.provexis.com/shareholder-information/major-shareholders/

I don’t expect anything new in the results,we know revenue and unless By health have completed their 3 remaining studies I think the blue hat will be “progressing well”as usual , as someone has already pointed out revenue from the DSM transfer won’t become clear until after year end 23 . I hope there is some clarity on the huge ramp up in production needed and how it will be payed for .

Could be they are about to launch ff+nitrates in the U.K. ,about time to.

Snippet from the papers . Liz Truss will announce radical plans to cut stamp duty in the government’s mini-budget this week in an attempt to drive economic growth, The Times has been told.

The prime minister and Kwasi Kwarteng, the chancellor, have been working on the plans for more than a month and will announce them on Friday.

Truss believes that cutting stamp duty will encourage economic growth by allowing more people to move and enabling first-time buyers to get on the property ladder.

https://www.dailymail.co.uk/money/markets/article-11222053/Falling-gas-price-set-slash-PM-Liz-Truss-bailout-bill.html

https://www.dailymail.co.uk/money/mortgageshome/article-11215345/Housebuilding-15-spring-pandemic-year-slump-similar-2008.html

The worst slump was Q2 2020 after covid hit ,as we all know everything stopped that included house building , very few were built The sp slumped to £13.67 I think but quickly recovered to over £30. We are nowhere near in as bad a situation this time ,I’m expecting a steady rise from here with the odd blip on the way . Imo

Sir rom perhaps someone was taking a bigger share than we thought . “· From 1 January 2023 the net profit accruing to Provexis on sales of Fruitflow in the calendar year - on a pro-forma basis, assuming like for like sales and margins - would be materially ahead of the net share of the profit that would have accrued to Provexis with like for like sales and margins under the existing 2010 Alliance Agreement; on the same pro-forma basis, assuming like for like sales and margins, the net profit accruing to Provexis would further increase in each of the subsequent three calendar years.”