Plant Health Care Share Discussion Threads

[busterposh2] 15/8/2019 11:00

From the 28th Nov PHC announcement highlights the Powerful economic benefit for growers from the very strong yield increase alone. With 89 million Acres in Brazil (as stated in todays RNS ) that's a huge potential increase in revenue for growers, 16% increase extrapolated is $80 per acre (see below) revenue increase do the numbers big. No value ascribed to this at all, until the market wakes up https://ir.q4europe.com/Solutions/PlantHealthCare2018tf/3920/newsArticle.aspx?storyid=14140687 Corn and soy are major targets for PREtec. They are grown on more than 375 million acres in North and South America. A yield increase of just 2% brings a soybean farmer in Brazil almost an additional $10 per acre; in the USA it brings a corn (maize) farmer almost $13 per acre. Plant Health Care's evaluation partners supply most of the leading corn and soy seed treatments.

[wigwammer] 15/8/2019 09:54

Pretec are high potential assets that have been all but written off by the market. Perhaps that conclusion was premature :)

[dubai123] 15/8/2019 09:42

Great announcement

[wigwammer] 19/7/2019 12:59

If they are like the FM's I know, they saw a p1ssy £500k position at the bottom of the holdings screen and got rid without too much thought. PHC is a decent business but will likely need more cash.

[pugugly] 19/7/2019 12:47

wigwammer - Yes you may well be right - Cannot remember what price Garraway they paid - (if it was ever disclosed or they just took over the administration) and have now decided to unload - but with a 6% plus holding they should have had a good contact with PHC and possibly decided they did not like the way things were progressing -

[riddlerone] 19/7/2019 12:37

Yes I am sure you are right.I unfortunately have a similar scenario with MLVN where the CF sale again trashed the share price.Unlike Scancell they have not recovered and may take another year to do so.

[wigwammer] 19/7/2019 12:32

I suspect at least part of the large sells this morning relate to the placing of the old city financial stake - garraway took on a number of their funds. Last time I saw this was in March when CF placed their Scancell stake at 3.3p which sunk the shares from 5p to around 4p. FWIW the shares are now just shy of 9p.

[riddlerone] 19/7/2019 12:22

Whats really weird is I did a dummy trade just before those large trades were reported and I could buy 100k at 5.1 .Now its 5.26 offer.So one MM has been sitting there with over 10m shares on their books since 27 March and only this morning they sell shed loads and come off the offer.Would love to know who bought them.

[wigwammer] 19/7/2019 12:05

Holy cow. Someone has paid 5.45p :)

[wigwammer] 19/7/2019 11:40

Will probably be a cash call :(

[wigwammer] 19/7/2019 11:38

Current ask 5.4p :)

[pugugly] 19/7/2019 11:35

Garraway Capital Management LLP holding was 10,529,245 6.09% Now appear to be out at 3.375p The whole lot - Now I wonder who bought? Sets a new low value for the coy - Must be some annoyed PI's who bought at 5.1p this morning.

[riddlerone] 19/7/2019 11:25

Now they are large trades for this size mkt cap

[riddlerone] 19/7/2019 09:23

Its quite a strange one.I think there is value there in the IP but will the PI's get to benefit,doesn't seem likely as it stands.Trading statement was around this time last year so lets see

[pugugly] 19/7/2019 08:54

Looks like going down the drain fast - Richard Griffiths must be more than somewhat annoyed having (so I understand) been a driving force in the appointment of the current Executive Chairman - The $64K question - Is there any value left here or should one bail out and recover something?

[wan] 28/2/2019 09:31

My interpretation....They needed to come up with another story/rationale to raise funds....there we have it!

[dubai123] 28/2/2019 08:24

Good progress

[dubai123] 29/1/2019 09:38

I think we need to give Chris Richards a chance. He is an honest guy with the right intentions and whilst the news flow of late has not matched the expectations set there are mitigating reasons to consider He is well aligned financially having invested in a personal capacity with hard cash . To me that shows believe and whilst the share price is painful to all the business has fantastic potential and we should be honest in our criticism but mindful we show support.The large volume the other day by the way of 2.3 million shares was a fund to fund switch with no change of owner

[wigwammer] 29/1/2019 07:51

Points taken, wan. But my view is the core of this business IS very much moving in the right direction, and the much lower valuation offers great potential if that core proposition continues to develop positively. Harpin cagr 20%+ since 2013. The pretec technology is in there for free. Imo. GLA

[wan] 29/1/2019 07:37

With regard to having enough cash, the risks look firmly skewed to the downside scenarios in my view. A change in the communication regarding the route to market for new technology is noted, and appears to suggest a cooling off in interest, not to mention production "methodology" for such and only showing "potential" for cost-effective production, which again appears to be a change in communication.

This company's communication changes like the wind and as the past shows, their communication is not something that can be relied upon!

[pugugly] 23/1/2019 17:32

Going down the drain? Big dump at 6.5p - Must be taking a large loss - Will probably see a holdings rns given the volume -

[wan] 24/12/2018 07:35

With sales apparently "broadly" in line with last year (code for slightly below last year? Cue also watchout for that delayed delivery to Brazil and pushing revenues into 2019!), and then considering the apparent fact that the launch into corn has produced 'new' revenues of "close to" $1.5m....then there has obviously been a large hit to sales elsewhere, which in my book does not appear to fit with just the fact that sales in South Africa are being "restricted" until inventory has been worked off (cue and beware of a very similar situation with Plant Impact!)

Even with the launch into Soybeans next year (and given the competition), I remain unconvinced that the company can achieve what they are forecasting within their existing cash reserves.

[wan] 21/12/2018 08:12

How can any investor trust the guidance emanating from this company?

Thus, I am not convinced they have enough cash or sales to survive in their current form. And anything the Chairman says to the contrary is quite frankly worthless in my view! The market needs to fully recognise this and deliver the ultimate humiliation that Richards deserves, which should arguably be a valuation significantly below today's opening!