Genuit Share Discussion Threads

[elgordo] 30/6/2006 09:21

So, where's the Q1 results?...

[rambutan2] 04/6/2006 00:55

interview with dr hendry of sphere...

[elgordo] 02/6/2006 17:48

...and more up-to-date (31 May 06) news on expansion of SGAI with the opening of a Shanghai centre.

31%20May%202006

[elgordo] 02/6/2006 14:01

Old news (9 August 05), but not highlighted on this board at the time - article in Cambridge Evening News focussing on Scientific Generics, but which also states that SGAI has (i.e. as of August last year) "already made £3 million".



"We have spent a lot of shareholders' money over the last five years, and the big challenge now is to get the City to recognise our value."

[maxwellsdemon] 25/5/2006 16:04

In the Times today:

No wall to keep small firms out of China
By Andrew Ellson



CHINA once built walls to keep foreigners out; now it is doing all it can to encourage them in. Last year, the country received more than $60 billion (£32 billion) in foreign direct investment and an increasing number of small businesses are taking advantage of its low labour costs and growing consumer market.
SGAI, a technology consultancy based in Cambridge, is one. It is working with Automatic International, of Hong Kong, to provide design, development and manufacturing solutions in the Pearl River Delta region of southern China. The joint venture has opened a sourcing office in Shanghai and has 11 projects in the region.



Tim Moore, the chief executive of SGAI, rejects the assertion that doing business in China is risky or difficult.

Richard Margolis, Rolls-Royce's regional director in China, agrees. "Dealing with the Chinese is usually very straightforward," he says. "Of course there are some cultural issues to overcome.

"The Chinese have a natural reserve and they like to get to know you before they will do business, but there has been a massive transformation in the quality of people working for the Chinese Government and in business. The Mao-era brakes have been taken off the economy."

Yet despite the progress, China lags behind Western economies in some areas. It does not have a well-developed legal or financial system and standards of accountancy are often inadequate. These factors influenced SGAI's decision to base most of its team in Hong Kong.

British businesses complain that the Chinese Government protects local businesses from competition and that there is little respect for intellectual property (IP) rights. Moore says that his company produces the parts for Hornby's Scalextric toys at four sites in China to prevent the finished product from being copied.

"Design and development costs are ten times cheaper in China than in the UK, but you have to be very careful or you might find a counterfeit product out there before you know it," he says.

Xingguo Fu, the director of the World Trade Organisation's affairs at the Chinese Ministry of Commerce, says China is doing all it can to enforce IP protection, but he admits that there are difficulties. "In China, there is an old proverb that says it is not a crime to steal a book because the dissemination of knowledge is for the good," he says. "Against this backdrop, it is hard to make progress.

He says that half a million Chinese officials are engaged in the battle against fighting piracy: "We have both civil and criminal punishments for piracy and we are running a huge advertising campaign trying to educate our people about the damage copyright and patent infringement can do."

China is not just a base for manufacturing. The country's expanding middle class is also a market for British goods and services. Kegang Wu, of ChinaLink, a consultancy within the British Chamber of Commerce, says that it is becoming easier for small businesses to export their products to China. "If a company has a product to sell that does not require a licence - and there are not many that do - it is easy to export to China," he says.

Companies looking to export to China can get advice from www.uktradeinvest.gov.uk

[rambutan2] 27/4/2006 14:35

perhaps they've just read the new report and accounts!

27 April 2006

Annual Report & Accounts for the year ended 31 December 2005

The Annual Report & Accounts is also available on the Company's website at

[mangal] 27/4/2006 08:46

Visibility at last - amongst the top-% risers !

[adejuk] 27/4/2006 08:06

as expected

[rambutan2] 26/4/2006 23:11

yes, good to see.

[adejuk] 26/4/2006 20:14

the buys, that is.

[adejuk] 26/4/2006 20:13

well, not v big, but interesting.

[rambutan2] 20/4/2006 09:49

CMR is pleased to announce that it has entered into a non-exclusive joint
development collaboration with European chemicals major player, Solvay SA
(`Solvay'). As a result Solvay New Business Development division will work to
produce high performance porous membranes for use in CMR's unique high power
density 'compact mixed-reactant' fuel cell stacks. Solvay SA is an
International Pharmaceutical and Chemicals Group listed on the Euronext Stock
Exchange and has annual sales of over €8.6billion, employs 30,000 people in 50
countries and has spent in excess of €1.4billion on Research and Development in
the past two years.

The collaboration will work to develop porous electrolyte membranes that
eliminate the requirement for bulky, inactive components found in traditional
fuel cells such as flow field plates and other balance of plant components. The
use of porous membranes is a world first for the fuel cell industry and is
protected by CMR's core intellectual property. By developing stacks in this
way, CMR is seeking to exploit its patented 'mixed reactant flow-through'
architecture to mass produce fuel cells capable of delivering the high power
densities required to produce a commercially viable power delivery system with
the potential to replace traditional lithium ion batteries.

Léopold Demiddeleer, Director of Corporate R&D and New Business development,
Solvay SA, commented:

'At Solvay we recognise the commercial potential of CMR's unique fuel cell
architecture and look forward to working closely with the Company to accelerate
the delivery of an optimised fuel cell product to the electronics industry.'

John Halfpenny, CEO, CMR Fuel Cells plc, comments:

"We are delighted to extend our working relationship with Solvay. We anticipate
Solvay's combination of world-class resources and unrivalled experience will
significantly accelerate us towards our goal of delivering low cost, long
running fuel cells to the portable power industry"

CMR technology massively reduces the size of fuel cell stacks - leaving more
room for fuel and enabling dramatically longer run times in portable power
systems. Unlike conventional fuel cells which rely on the complete separation
of reactants, CMR's revolutionary design works by flowing a mix of air and fuel
through a porous stack that can make use of low-cost catalysts. This approach
eliminates up to 90% of the volume, and, as the reactants are mixed, the
membrane no longer needs to physically separate them so can be much thinner,
lighter and consequently cheaper.

[adejuk] 18/4/2006 14:34

ump.
250mill - small beer.

[humpja] 13/4/2006 21:34

To double the price of gen would need the 10% of sphere they hold to be rerated to £25m (assuming no dilution in the float). So sphere as a whole needs to be worth at least £250m (10x25) - which seems steep for a company with no sales. Maybe in a few years, but that's still a lot of sensors to shift.

Look at CMR - great prospects but because gen has such small holding it isn't likely to set the shareprice on fire.

[adejuk] 13/4/2006 17:33

don't no wi i bothered

[rambutan2] 10/4/2006 22:42

adejuk, now that's interesting. you are confident of your source re sphere float?

[adejuk] 10/4/2006 15:48

sphere will come to aim in or around sept this year. distribution aggrements should be in place and it is set to take blood analysis to a new level - it may well revolutionise hospital practice adn everyone will want this machine.
imho gen could double on just that one float.

[adejuk] 10/4/2006 10:41

i bought a big chunk this am and it's not showing.

[kdwilson] 27/3/2006 16:46

...and more director buying....20p

[kdwilson] 24/3/2006 15:09

directors buying again - this just reconfirming that these shares will be through 20p near-term in my view

[Abuse team] 16/3/2006 17:36

Post removed by ADVFN

[charmer1_23] 16/3/2006 17:32

Ticking up slowly but surely. ;--))

[kdwilson] 13/3/2006 18:44

some good buys going through now - hopefully fund managers starting to wake up!

[kdwilson] 13/3/2006 15:49

October

NAV they quote is based on book values. If they were to get actual fair value the NAV would be well in excess of 14p. Like you guying these at 5p two years ago and still valuing them at 5p now even though business have evolved and value been created. I am applying comparable valuations for their companies and discounting those values to account for risk and fact that they are still private. That's why i can get to a true NAV of 14p+ and why director are buying as they can see what asset values are about to be realised. See NMS.L for a similar story. As i understand it, these should actually be 20p is all their investments were crystallised!