Biofutures Share Discussion Threads

[andybenw] 12/3/2013 09:06

FT article. Probably been posted already but here goes in case not.

[leedskier] 12/3/2013 08:37

Panmure Gordon on the bid ... gathering in the shares of those who want their marshmallow today.

[bsg] 12/3/2013 08:26

I still think people selling now will get in cheaper after consolidation.

[leedskier] 12/3/2013 05:25

I was listening to Walter Mischel last night, in conversation with Charlie Rose and others, talking about his famous 'Stanford marshmallow experiment'.



A subliminal message for investors ;

[frank1e] 11/3/2013 23:46

Panmure Gordon & Co. Plc : Panmure Gordon raises £32.5m for Graphene NanoChem plc
03/11/2013| 06:32am US/Eastern
LONDON, 08 March 2013 - Panmure Gordon & Co., a leading independent institutional stockbroker and investment bank, is pleased to advise that it has acted as broker to Graphene Nanochem plc on a £32.5m fundraise, helping to create a world leading nanotechnology company to be formed following the reverse takeover of Platinum NanoChem by Biofutures International plc, an existing AIM-quoted company.


Subject to Biofutures shareholder approval, Graphene NanoChem will be the world's first publicly listed company in which investors can gain direct exposure to new 'super material' graphene, the isolation of which won the Nobel Prize for Physics in 2010.

Panmure Gordon chief executive, Phillip Wale, commented: "Panmure Gordon is delighted to have acted for Graphene NanoChem on this transaction, in which our institutional clients have gained access to a revolutionary product. Graphene is the subject of immense global interest and the company is at the leading-edge of its commercial application."

[rob67] 11/3/2013 21:08

Apparently the name Graphene Nanochem was registered as a British Company back in early July 2012. BIP must have been working behind the scenes on this deal for some considerable time!!

[rob67] 11/3/2013 20:55

Section of the Panmore Gordon analyst piece contained in this article

Panmure Gordon raises £32.5m for Graphene NanoChem plc
03/11/2013| 06:32am US/Eastern

LONDON, 08 March 2013 - Panmure Gordon & Co., a leading independent institutional stockbroker and investment bank, is pleased to advise that it has acted as broker to Graphene Nanochem plc on a £32.5m fundraise, helping to create a world leading nanotechnology company to be formed following the reverse takeover of Platinum NanoChem by Biofutures International plc, an existing AIM-quoted company.


Subject to Biofutures shareholder approval, Graphene NanoChem will be the world's first publicly listed company in which investors can gain direct exposure to new 'super material' graphene, the isolation of which won the Nobel Prize for Physics in 2010.

Panmure Gordon chief executive, Phillip Wale, commented: "Panmure Gordon is delighted to have acted for Graphene NanoChem on this transaction, in which our institutional clients have gained access to a revolutionary product. Graphene is the subject of immense global interest and the company is at the leading-edge of its commercial application."

High praise indeed! WORLD'S FIRST PUBLICLY LISTED GRAPHENE STOCK!!

[leedskier] 11/3/2013 17:51

Yes. The market has shown the first UK listed Graphene producer considerable respect.

add:

Those who sold earlier anticipating a significant retrace will be kicking themselves for doing so.

I have not seen it but I understand there is a very supportive analysts report by Panmore Gordon.

[itchycrack] 11/3/2013 16:14

A most satisfactory day post suspension! :-) :-)

[leedskier] 11/3/2013 13:45

PeterSmith thank you for spamming PUR.

edit:

Not to be confused with "PURE" created by two of the directors of Platinum.

[petersmith3] 11/3/2013 13:40

A friend has been telling me to look at Pure Wafer (LON:PUR) recently, saying it's generating good cashflows, and that the shares might be cheap. Their results this morning seem to indicate he might be onto something, as Pure Wafer (which does some sort of silicon wafer recycling) reports a move into profit (just!), but more importantly net cashflow generated of $2.8m for the 6 months to 31 Dec 2012. There is a large depreciation charge, which is historic, and of course non-cash, so the attraction is that it's now throwing off free cashflow.

Following a Placing, net debt has fallen dramatically from $15.1m to $3.4m, so this look pretty interesting. The market cap is only £13.7m at 5.25p, so looks like worthy of more research, although one must remember to convert figures reports in dollars into sterling. It's a turnaround situation that I quite like the look of. IF they can continue improving margins, then they could have a nice business there, and providing no significant replacement capex is needed, which I'm told it isn't.

[apenny24] 11/3/2013 13:35

Thanks..all.

I was assuming that here would be a spike above the 7p accepted value, not just a spike to it...i am of the deranged allusion that there will be more profit opportunities within this two weeks than there will be after the RTO date...

but i guess they could just keep it flat..i will be watching every day, i would like to take profit within these two weeks and then be in control of my buy in price when it re apears after the RTO, as i think its valued slightly high and a slip back from the 1.40 would to me be expected allowing me to buy in lower..

thoughts..or am i as is often talking drivvle..

[pilot48] 11/3/2013 13:10

Makes sense as hypothetically if the RTO was voted against, trading just continues as usual.

[keya5000] 11/3/2013 12:57

Apenny,


Its just the rules, shares suspended until the publication of the AD, that's been done and they await the EGM to vote on the recommendations including the consolidation.

[moormoney] 11/3/2013 12:50

apenny as the consolidation is 1-20 some people would have very few shares after it takes place or lose some if they hold odd numbers so imo they have a chance to round up or sell out. imo.

[rob67] 11/3/2013 12:48

No other reason than they said trading would recommence as soon as they published the admission document. Dont think there is any mysterious reason for it.

[apenny24] 11/3/2013 12:43

Another question -

As we all know there is an RTO and they have informed the market throughout of that plan, so what is the real reason for allowing BIP shares to be traded for two weeks prior to the RTO going through...why not just do the consolidation, and if its because of the AGM then why not just stay suspended until all said and done,

what is the real reason for this two week window?

anyone want to help a learner.

cheers.

[fillipe] 11/3/2013 11:08

mm - I didn't sell. Partly due to preferring the online ability to easily get firm prices in any changing situation and also thinking the approx 7p marker is well under-pinned.

I watch it on L2

f

[leedskier] 11/3/2013 10:32

Yes. The market is going with the actuality, namely an all paper take-over of BIP at 7p a share.

[snatander] 11/3/2013 10:05

bouncing lots of good newsflow being expected

[keya5000] 11/3/2013 10:05

BSG consolidation does not always bring a fall, STGR did a 10 for 1 after its recent RTO and after a very healthy start +35% things fell back but the consolidation had no bearing on matters.

Consolidations often only bring retraces in normal conditions when a RTO is not in play.

New company will be valued on its pro/cons and the consolidation of the share issue will in my opinion have little or no effect on the price.

[bsg] 11/3/2013 10:02

I'll buy more after C O N S O L I D A T I O N.

[madmick] 11/3/2013 09:54

Thats my thoughts too keya
long term they look amazing