Plant Health Care Share Discussion Threads

[cerrito] 18/5/2023 12:28

I have to say I am very confused by all of this.
My message to them was not optimal for them to be quoted in a country where they do virtually no business with shares quoted in a currency where they do no business it key was that they had to have a dual liston on AIM of they went elsewhere.
At least this excersize enabled me to top up cheap.

[geraldus] 18/5/2023 08:25

Yes,I have high hopes for this and didn't want an early bath.Maybe not that long to wait for the prepped bolt on with funds now hopefully on tap.

[pretax2] 18/5/2023 08:16

That’s my take too, Geraldus.
The final sentence of Para 2. Maybe an acquisition is imminent to boost the company’s progression. There’s no indication of how funds may be raised, but I would favour non-convertible bonds to reduce the dilution.
Hats off to PHC for consulting shareholders. They run a good and honest shop IMO.

[kaos3] 18/5/2023 08:02

my take - they were promised additional capital by the present shareholder base....

and it was prob richards idea /hope/ to delist and make some corporate actions out of the view.... his expertise is in financials ... he made a comment ... so it probably was him/his idea

[geraldus] 18/5/2023 07:36

Looks like panic over until an acquisition is announced.Confident enough here personally not to need rose tinted spectacles.

[pretax2] 13/5/2023 16:59

Great point Ken
No wonder PHC want the resources to grow NOW.

[kenwright] 13/5/2023 16:12

Are we aiming to serve the wheat farmers of the Americas... ?

Just found this today..(from Bloomberg)


America’s wheat fields have become so plagued by drought that farmers are now poised to abandon crops at the highest rate in more than a century. Producers are expected to harvest about 67% of their planted acres, the US Department of Agriculture said, which would would be the lowest harvest ratio since 1917

[pretax2] 13/5/2023 10:19

Excellent growth fundamentals don't change here. Recession or not, people have to eat.

-------
Article:Plant Health Care – Brazil gives first stage approval for its new PREtec product for soybean cultivation, Broker says Buy

[Snip]

Analyst Opinion – Cenkos says Buy

John-Marc Bunce at Cenkos Securities rates the group’s shares as a Buy with a Target Price of 37p a share. He states that this first stage approval came faster than expected (and) that full approval could be a much shorter process than has been stated and that it could well come before the end of this year. That would enable a product launch in 2024. He also states that the Brazilian market opportunity alone is significant, backing up his predictions of close to break-even this year and with first profits showing up next year.

hxxps://ukinvestormagazine.co.uk/plant-health-care-brazil-gives-first-stage-approval-for-its-new-pretec-product-for-soybean-cultivation-broker-says-buy/?mc_cid=687addd668&mc_eid=043e6f0b33

[pretax2] 12/5/2023 22:02

Article:
Plant Health Care's new PREtec product PHC68949 granted first stage of approval in Brazil
hxxps://news.agropages.com/News/NewsDetail---46412.htm
-----------------------
Great company, will be massive in a few years. MMs not having my shares.

[pretax2] 09/5/2023 13:54

Interesting LinkedIn comment today from Rodrigo Miranda (Global Marketing PHC) to a post. He writes-
———;——̵2;
……. In fact, I invite everyone to follow the Plant Health Care, Inc. We have a lot of news on the way.
———;——̵2;—
Well we already had some good news today.
More on the way? He sounds upbeat.

[pretax2] 09/5/2023 12:36

Thanks callumross
I think that's a fair valuation.

[callumross] 09/5/2023 12:08

Comment: Whilst the Brazilian authorities do not commit to a specific timeline for granting regulatory licenses, Plant Health Care notes that it anticipates regulatory licenses will be granted within the next 1-2 years. We see this as conservative as looking back at the previous approval of PHC249 (Saori), the Brazilian authorities were relatively quick with their assessment and approvals, recognising the considerably lower risk profile of PREtec, enabling a federal registration for PHC279 in 10 months (March 2020 submission and January 2021 approval). With PHC249 and PHC949 coming from the same family of compounds (peptides), and with this prior track record, we would expect approval is received this year. This would enable a product launch in 2024 which would be in line with our forecasts. We look forward to the final registration/approval in due course this year and in the meantime, we maintain our Buy recommendation and 37p price target.

[cerrito] 09/5/2023 07:47

This is obviously good if not v good news given that MAPA gave it's approval earlier than expected.
I have no idea if this means that the approvals of the other two agencies will be given quicker than first thought and in reality I suspect neither do PHC .
It would be good to get an idea of the totality of the Brazilian soya nematide msrket in UDd terms and at what stage of the planting cycle this trestment is given.

[pretax2] 09/5/2023 07:39

PHC 949 RNS, passes 1st stage approval for Brazil Soy.
Results show the product is as good as chemical nematocides and better than current biological product.
949 has huge sales potential globally, well done PHC.

[callumross] 04/5/2023 16:55

NASDAQ just isn't an option for a small company like PHC Victoria. OTC maybe. Anyway tree shake over and up 14% today as market focuses on the possible buy out price by existing or new investors.

[victoriar1] 04/5/2023 13:38

As a long-term shareholder (since 2020 and keen to stay with the company for at least the next 3 years) I'd support a shift of our primary listing to NASDAQ, given that a growing share of PHC's income and growth over the next 5 years lies in the Western Hemisphere, much of the executive team is already based in the US, and I believe US investors are more likely to recognise the prospective value in the company.

I'd also support looking at royalty financing as a potential source of non-dilutive capital, especially for acquisitions and other growth strategies. Royalty finance also avoids the continual refinancing risk associated with funding growth via borrowing. It seems a much commoner and well-established route in the US and Canada than over here, which is another reason for re-basing the company on NASDAQ.

Sad, because I value the IHT benefits of AIM shareholdings!

[geraldus] 03/5/2023 11:41

Yes,hurrah for PHC.

[pretax2] 03/5/2023 11:17

There's a post on LSE (bots) which may help - sorry for cross post
-----------------------------------
Reply from the company
Just to let you know that I've received a communication from the company which may allay fears that the company will be sold on the cheap. I’m not prepared to give details, however the following is a direct quote “Please be assured that we have no intention of selling PHC on the cheap, after all this hard work. We are currently canvassing opinion amongst shareholders on the way forwards and will let you [meaning investors] know which way the Board decides to go.”

That's a relief - I'm now more positive about the future and the brilliant results. Well done PHC!

[cerrito] 03/5/2023 09:22

Collecting my thoughts here to give the company the benefit of my wisdom.
Did not expect the weakness this morning.
Are people looking at a bid?
If I have the time need to see how Croda got on with PIM. Obvious synergies with LatAm soya but not sure if Croda would know what to do with WEllis.

[oapknob1] 02/5/2023 17:48

As part of this process, the Board intends to consult with shareholders as to whether AIM remains the right capital market for Plant Health Care to achieve its ambitions. Shareholders are invited to submit their views on this issue to the Chairman by email.Good luck

[pretax2] 02/5/2023 16:35

Yep- Well done everybody.
Treeshake stickers all ‘round.

[geraldus] 02/5/2023 16:02

Mark Watson-Mitchell raving about them on UK Investor Magazine as a great buying opportunity - and I have to agree.

[pretax2] 02/5/2023 13:45

So that’s 1% shares traded, buys and sells included and 18% down.
Over-reaction perhaps?

You’re not getting my stock. 😏

[oapknob1] 02/5/2023 13:43

Wait to see LR trades appear. Be better idea then