Micap Share Discussion Threads

[br1anclough] 03/8/2006 17:56

6 figure sum could be 600,000 or more

[littleredrooster] 03/8/2006 17:50

A very interesting company. Any chance of it breaking even in the next three years?

[sensei10] 03/8/2006 09:04

The conpiracy loony maestro is now talking to himself br1anclough.

[br1anclough] 02/8/2006 17:25

yes its got a 10 bagger look about it in say 12 months

[elmura] 02/8/2006 17:13

Looking up the latest news on this stock and recent developments seems to point to only one direction that this stock is worth picking and is at rock bottom price . I have invested a substantial sum based on the recent encouraging and
potential explosive news.Its time to jump in now before its too late .
A cimpletely new investor .

[m.t.glass] 02/8/2006 13:41

"..milestones available are "up to a six figure sum" over the initial 12 months..."

So that's no more than £100,000 otherwise he'd have called it a six figure sum rather than "up to". And could be way lower of course.

[m.t.glass] 02/8/2006 13:36

I'll post this rather than quote from it, as it will scroll from view within the news panel sometime:



INTERVIEW Micap upbeat after two contract wins

LONDON (AFX) - Micap PLC this morning unveiled an option agreement with a
major crop protection company and a development contract with a leading drinks
group, to investigate potential licensing opportunities for the AIM-listed
company's patented yeast encapsulation technology.
Terms and identities were not revealed, however Micap said it will receive
access and milestone payments plus royalties on all sales of products containing
the technology, under the deal with the crop company.
Micap's chief executive Michael Norris told AFX News this morning that the
milestones available are "up to a six figure sum" over the initial 12 months.
The company, "a very large European business which is one of the world's
largest groups", is looking for ways to reduce the amount of chemicals needed to
preserve crops after harvesting and in transport.
Microencapsulation is a process whereby droplets of liquid or particles are
coated with a film to protect a substance, separate compounds or make materials
easier to handle. The technology can be utilised in a number applications and
Micap already customers in markets such as food flavouring and agrochemicals.
After an 12 month trial, which is not being funded by Micap, the partner
will decide whether to pursue regulatory approval for a product. That will take
18 months, meaning any potential launches are still two to two and a half years
away, Norris admitted.
"But it's a positive commitment from a major company, there's cash involved
for Micap and it increases the likelyhood we'll get products on the market," the
CEO said.
While house broker Teather & Greenwood have not published earnings forecasts
for the group this year, Norris said the news should "underpin their
expectation".
"We been working with them for 18 months and were hoping we could realise
some value, so it's in line with our expectations" for the year, he said.
Meanwhile, Norris believes the deal with the drinks company has the
potential to drive future revenue growth.
For the remainder of this year, Micap will be investigating some "problems"
the company has to see if microencapsulation can provide a solution.
"If we can prove we can deliver the solutions, this is a contract we hope
will grow significantly over time," Norris predicted.
Shares in Micap climbed today on the news and at noon were trading half a
penny, or 18 pct higher at 3.25 pence.
[e-mail]
ab/gp

[trymelater] 02/8/2006 12:54

55MLN SHARES IN ISSUE, IS THIS CORRECT??

[dell314] 02/8/2006 12:15

Don - there's only SCAP left on the bid(EVO, WINS and TEAM have all dropped back onto the offer), so I don't think it'll be there for long.

As I said earlier, I think MMs have plenty of stock, after the institutional dump, and they've just given it a run out to lock in a few more punters today....

All IMHO, DYOR etc.

Rgds
dell

[don muang] 02/8/2006 12:10

at least it's made it to be presently #3 position on the advfn gainers chart.
not too bad considering market sentiment is presently against biotech AND small cap AND penny shares....

[m.t.glass] 02/8/2006 11:32

Three years after floatation, a couple more ongoing (possibly longtime) assessment and evaluation deals doesn't sound solid enough news really. It does seem more like a concerted effort to stir up interest though..

[blueman2] 02/8/2006 10:34

did a dummy sell for 50k was offered 3.12p on line so its improving dell

[dell314] 02/8/2006 10:31

blueman - FWIW, I think MMs are playing games here.

Earlier on, I couldn't even get a dummy sell for anything over 25k to go through, so it's pretty clear that MMs aren't exactly gagging to get hold of MIC shares!
I suppose that's hardly surprising, bearing in mind that there was a significant institutional dump fairly recently and we've not seen much sign of those shares finding new homes.

As for today's news, it is certainly positive but these kind of evaluations are going to take a considerable period of time before any kind of commercial agreement is likely. I seem to remember the previous option agreement talked about a period of several years.
Clearly, the option agreements will result in some access and milestone payments but it will be useful to see how these impact on the company's cashburn rate before getting too excited, IMHO....

One also has to consider why they tried to ramp up the stock with that leak to the Times for their "Rumour of the Day". Are they trying to give the share price a little boost prior to a placing?

All IMHO, DYOR etc.

Rgds
dell

[blueman2] 02/8/2006 10:26

looking good, lets hope we can move back into double digits again soon

[ricky9] 02/8/2006 09:21

Lost plenty on these in 2004. Back in now, just bought 50000 at 3.2.Hopefully this is going up from here.

[relwood] 02/8/2006 08:12

I have watched this for about a year and bought in this morning. These deals look very good and hopefully the share price will start to move back up. It is not that long ago that they were at 80p!

[don muang] 02/8/2006 07:23

interesting .... two items news release - one concerning an Option Agreement, the other a Developement Agreement.
As mentioned in the RNS, the company now has sources of short term revenue plus on-going royalties if all comes good. So share price should be looking to build from here....

[br1anclough] 02/8/2006 07:12

New Option Agreement

RNS Number:0905H
MICAP PLC
02 August 2006



For release 07.00am 02 August 2006


MICAP PLC ("MICAP")
The AIM - quoted technology company specialising in the
microencapsulation of active ingredients

New Option Agreement and Development Contract win

"Micap grants option to major crop protection company"
&
"Concludes development agreement with world-leading drinks company"


New Option Agreement

Micap plc (LSE: MIC.L) today announces that it has signed an Option Agreement
with a leading crop protection company ("the Partner") (the subsidiary of a
major international business with worldwide sales in 2005 in excess of $3
billion), to evaluate and license Micap's patented yeast encapsulation
technology ("the Technology") for specific applications in the agrochemical
field.

Micap has been working with the Partner on a number of projects over recent
months and promising results have been seen in the use of the Technology to
enhance the performance of agrochemical actives in fields in which the Partner
has a significant interest. The Partner has now commenced field trials with the
Technology to collect further efficacy data.

Over the period of the relationship, the Partner will pay Micap access and
milestone payments. Micap will be entitled to a royalty on all sales of products
containing the Technology if it is subsequently commercialised.

Micap has also been working with the Partner to develop novel microencapsulation
solutions for other applications, and hopes this will also lead to further
options over time.

The worldwide crop protection market was in excess of US$30 billion in 2004,
with fungicides and insecticides accounting for approximately half of this.

Development Contract Win

Micap has also won a contract with one of the World's largest drinks companies,
(with a market capitalisation of over #25 billion), to investigate the use of
microencapsulation technologies in new product developments. The initial
Development Project runs through 2006 and will be carried out by Micap GmbH, the
subsidiary specialising in bespoke microencapsulation solutions.

Commenting, Michael Norris, Chief Executive of Micap, said:

"The signing of this further Option Agreement underlines the significant
opportunities for our patented yeast encapsulation Technology in the field of
crop protection. We now have two world leading companies investing significant
sums into product developments, which, if subsequently commercialised, will
bring significant revenues to Micap".

"Equally important I feel, is the winning of a Development Contract from a major
drinks group to look at ways in which we can use our expertise to assist them in
new product development. This is another in a line of projects from major
companies won by the Company in recent months, bringing both short term revenue
and the opportunity of significant upside from royalties of direct sales. "


For further information please contact:

Contact:

Micap plc [phone]
Michael Norris, CEO

[br1anclough] 01/8/2006 03:32

The Times August 01, 2006


Rumour of the day


Micap drew interest on rumours that the biotechnology company is close to agreeing a significant option agreement with a potential client. The parties are understood to be working on an agreement under which Micap would license its yeast encapsulation technology for evaluation. Micap agreed a similar deal with an Australian group last month. The shares closed unchanged at 2¾p.

[br1anclough] 01/8/2006 03:30

The Times August 01, 2006


Rumour of the day


Micap drew interest on rumours that the biotechnology company is close to agreeing a significant option agreement with a potential client. The parties are understood to be working on an agreement under which Micap would license its yeast encapsulation technology for evaluation. Micap agreed a similar deal with an Australian group last month. The shares closed unchanged at 2¾p.

[learntlesson] 06/7/2006 15:38

i think i would wait a bit to top up - not sure though - but development of crop product scheduled for 2-3 years - and people have been burnt here before so might be a little cautious to speculate that far ahead - esp. with so many other biotech advances and changin social attitudes to GM...

[don muang] 06/7/2006 09:58

Wonder who splashed out on the only transaction in the first couple of hours today .... don't think it was an 'institution as it was £57.70 worth.... presume they must have access to free dealing ?

[maestro.] 06/7/2006 08:21

been told this latest news has the potential to be massive...topping up