Plant Health Care Share Discussion Threads

[oapknob1] 27/10/2022 18:04

I like this from the Interims re PHC279PHC279 is progressing through the regulatory process in the EPA (US Environmental Protection Agency), with approval expected in late Q4 2022. First commercial sales are expected in early 2023.It may slip to Q1 but we'll see.

[cerrito] 27/10/2022 17:52

I need to double check in the next IMC call but my understanding is that most sales for Saorei in the current Brazil soy season will have been made before year end.
I see that Cenkos has raised the tp from 31p to 33p and for me more important continue to see no need for a further equity raise.
I note no comment on US approval for PHC279 and in theory no news is good news in that if they foresaw a delay they should have softened us up.

[oapknob1] 27/10/2022 15:27

I like this from the Interims re margins.Gross margin increased to 61% (H1 2021: 56%)

[garth] 27/10/2022 13:25

pretax2,

Decent response, thank you.

I acknowledge that development is still on-going here. But it has been on-going for quite some time. I understanding promoting the products has a cost - but at some point we need to see margins holding and improving too - not declining as is currently the case.

Best wishes,

G.

[pretax2] 27/10/2022 12:43

Running faster to stand still?
At the moment the balance sheet is starting to tilt to profit, but slowly. That’s because of the promotional costs of the products, especially the new products. ProAct continues to be a success and is grooming growers. PHC are becoming a trusted brand and once their full platform is available I expect profits to dwarf costs. There’s a lot of ‘world’ for the PHC snowball to roll into, and new licenses are opening up the market to sustainable products.
These days I ignore the shareprice if the fundamentals are showing promise, especially in a bear market. Value will out eventually, always does and usually when it’s least expected.

[garth] 27/10/2022 11:17

BlackSwann,

materially ahead on revenues, underlying losses flat? Running faster to stand still?

No position here, but the chart seems to be levelling out.

Just a view.

G.

[oapknob1] 27/10/2022 08:12

Come on PHC get the US approval sorted...

[oapknob1] 27/10/2022 08:08

It's a grower

[blackswann] 27/10/2022 07:13

Great RNS this morning, materially ahead of revenue expectations! :)

[geraldus] 27/10/2022 07:13

Update reads well.No mention of any delays and I do like 'materially ahead'.

[oapknob1] 15/10/2022 08:21

£8272.73 each. And CFO sold 220,000 shares at 9p £19800 double their money for "tax" purposes relating to exercising their options at 1p.

[pretax2] 14/10/2022 12:52

So the two Jeffs now have a 'significant' holding at super nice price. Though in fairness JT did buy some on the open market recently. Nice to have the shares in sticky hands though.
Companies I've known have a canny knack of getting the timing spot on with these option packages. Let's hope there's some truth to this, the chart tells it's own story.

[oapknob1] 06/10/2022 17:14

PHC398 precedent

[pretax2] 06/10/2022 15:57

Approval process is nothing to do with PHC and EPA do claim that Covid has left them behind. JT still confident of approval in Q4.

[oapknob1] 06/10/2022 11:52

US approvals can't come soon enough. PHC and EPA (US Environmental Protection Agency) can't keep blaming COVID for the delay.

[oapknob1] 26/9/2022 09:44

Tweet-Our Director for the EMEAA region, Ángel Marín, has been on tour with the Plant Health Care subsidiary in Mexico.4 States.5 thousand km12 cropsAccess to 20 thousand hectares.6 days1 technology...and a whole Team support the success achieved by: ProAct and Messenger Gold.

[pretax2] 26/9/2022 08:55

Cerritos
I emailed JT about delays to the US license. There has been slippage if you check back, but nothing PHC can control. According to Jeff, covid has been the delaying factor. I assume they have a backlog to deal with. Once we get EPA approval, we need to apply to individual states taking 60 days. Jeff still confident on EPA in Q4 this year though.

OAP, it seems we search for whispers in the same place.

Concerning results, things remain on track despite the global headwinds. I’d say the US licenses and a move into profitability will light a fire under the shareprice. If you’re in now then you’re in nice and early before any major moves north. Just have to sit on your hands and ride the volatility.

[oapknob1] 26/9/2022 08:36

Coplacana co-op have their Coplacampo 2023 coming up 27/2/23 - 02/03/2023 and use the event to bring together the best agribusiness companies and presents rural producers with the greatest news in services, products and technologies.Harpin and Saori are being pushed in Brazil. As more and more members have success with PHC products then uptake in use should increase. The sugar cane crop is of real importance to Brazil's Bio-energy market. Those 2 products will be the initial drivers of revenue growth IMO. If Uruguay and Argentinian markets follow like Brazil then PHC could achieve their goals. "Welcome to the largest event held by COPLACANA and exclusively focused on cooperativemembers and rural producers. Are you prepared to learn about the newest in services, products and technologies?"

[kaos3] 26/9/2022 08:29

Also I do not get FX loses on the loan of 3 mil ..... quite a future risk, do they think about how to avoid it in the future ?

FX fluctuations up to 20 % ... (loss) - so - by the amount of the loans outstanding I do not get it - 3 million

[oapknob1] 26/9/2022 08:20

We congratulate @@coplacana - Pride of Agro for the reinauguration of the stores of the Quirinópolis and Jataí branches, Goiás!And @plant_phcbrasil, partner of @coplacana - Agro Pride, attending to contribute to the success of the harvest of the cooperatives, with H2COPLA, the greatest ally of producers.With @anderson.rovari from PHC Brazil, Edson Garcia Da Silveira Junior, Manager of the Quirinópolis branch, and Julio Savio Ximenes and the CTV Luan Honorato of the Jataí branch.

[oapknob1] 26/9/2022 08:19

3 days ago- Our web page is live!PHC Brazil launches, today, its own web page to inform, enlighten, present and offer access to all our revolutionary biologically natural solutions in the service of active, healthy and sustainable agriculture for you to always follow #breakingbarriers to productivity.A true hub of disruptive technologies that comes to strengthen our mission to bring the best technology to Brazilian agribusiness. Plus, an investor page with real-time quotes of our stock on the London Stock Exchange.Everything to enable increased productivity, generating greater profitability with responsibility and respect for the soil and the environment.

[cerrito] 26/9/2022 08:17

Had a quick canter through the results and nothing really noteworthy for me.
There seems to be some slippage with US approval for PHC 279.
Especially in the current environment, I looked at the cash and the Going Concern statement and noted the comment that they should have enough cash to see them through.
I saw the increase in inventories, which is not surprising, and for some reason receivables went down.
Great with so much else going on, all here going to plan.

[kaos3] 26/9/2022 08:14

thank you for the fair assesment

I just wonder if, when and how much...

you know what I mean

[pretax2] 26/9/2022 08:02

If you go back a few posts you’ll see there’s a presentation tonight. The 30m figure is a broad corporate goal for end of year 2025. Chris Richards was asked for detail on this before on a conference call, but said He couldn’t give this because it would considered a forecast and broker’s wouldn’t be happy.

[kaos3] 26/9/2022 07:52

great - they say:

- 30 m revenue in
- which products will deliver it
- what distributors and what markets

they do not say how they are going to finance the growth and research (how much is needed and where the will get it).... can one explain it to me please

tia