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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Plantic Tech. | PLNT | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
7.75 | 7.75 |
Top Posts |
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Posted at 31/7/2010 13:18 by skidaddle This was printed in the FT on the 14th July 2010Plantic still shows life Hailing from Australia, Plantic Technologies is also confident that its fortunes are about to change. It makes packaging plastics from maize starch and will launch a product that is claimed to extend the shelf life of fresh foods. It raised £20m at 64p a share on joining Aim in 2007, but has disappointed. The shares closed on Wednesday at 5p, giving it a market capitalisation of £4m less than the A$9.5m (£5.5m) of cash remaining on the balance sheet from the flotation. The company will probably have to raise another A$10m to fund its expansion plans and revised strategy. But for investors with a yen to "latch on to the affirmative", to continue the old song's lyrics, the stock looks worth checking out. |
Posted at 29/7/2010 08:20 by kooba agree with your points dr....but unfortunately i don't think this management would have been able to raise the funds required at anything but highly dilutive levels therefore taking out much of the upside for long term investors.fairly typical aim technology developement co...floated on too high level of expectation and raised too much money...then spend a few years with management feeling really wealthy and pots in the bank...series of disappointments and inability to effect meaningful commercialisation..r |
Posted at 16/7/2010 05:27 by divinausa1 Survival of the fittest is the name of the game as Aim continues to shrink......Plantic still shows life Hailing from Australia, Plantic Technologies is also confident that its fortunes are about to change. It makes packaging plastics from maize starch and will launch a product that is claimed to extend the shelf life of fresh foods. It raised £20m at 64p a share on joining Aim in 2007, but has disappointed. The shares closed on Wednesday at 5p, giving it a market capitalisation of £4m less than the A$9.5m (£5.5m) of cash remaining on the balance sheet from the flotation. The company will probably have to raise another A$10m to fund its expansion plans and revised strategy. But for investors with a yen to "latch on to the affirmative", to continue the old song's lyrics, the stock looks worth checking out. |
Posted at 14/7/2010 21:23 by masurenguy the_doctor - 14 Jul'10 - 19:41 - 40035His fourteenth VIY post of the day. Such dedication from a non-investor ! Still deciding whether to email the Plantic BoD to ask for an explanation about their high compensation payments in relation to company performance, losses and market cap. The_doctor thinks that non-shareholders are entitled to expect directors to provide them with proper explanations of their policies and decisions. |
Posted at 07/7/2010 10:30 by kooba will have to be pretty extraordinary news to get this shareprice moving as we have the sword of damocles of a equity fundraise hanging over us.if alternative finance or a strategic investor were to fill the impending funding gap then maybe a different story..but in the meantime there are persistant sellers in the market and can unfortunately only see one way for the shares until funding resolved. any good news short term will be the point of a fundraise so dilution will occur at an effective pre news price. agree the company seems to be positioning themselves reasonably well though not judging that by actual revenue and have undoubtedly been relatively slow to market opportunity in a competitive environment...perhap |
Posted at 07/7/2010 08:56 by ny boy Just a matter of time before investors twig that this is grossly under-valued! Patience require, when it moves up, it will be very fast moving. |
Posted at 05/7/2010 21:23 by themoneymonster2 So around 30-40% of shares are in free float, rest are taken by institutions and private investors. Ony 80 million shares in issue currently. Probably will issue around 60-70 million shares around 7-8p to get the desired A$10 million. Still would only be 150 million shares in issue. |
Posted at 29/6/2010 08:37 by themoneymonster2 Had a couple of replies already from Brendan today. Maybe this is the time to catch him? Kooba, either give me your email address or you can contact Brendan on the direct email address:brendanm@plantic.com -------------------- C Send his email address and I will see if we can find the emails Regards Brendan Morris Chief Executive Officer Plantic Technologies Ltd P +61 3 9353 7983 F +61 3 9353 7901 M +61 404 076 454 E brendanm@plantic.com -------------------- Brendan It is from a private investor who claims he hasn't had a reply from his previous emails to the other email addresses. Can I give him this direct email address for you and he can contact you himself? Kind regards C -------------------- Thanks C Who is the question from? As I said in my previous note we don't reply to anonymous emails, and some email address are picked up by the SPAM fitter depending on the email address characteristics and particularly if there is inappropriate language used. Regards Brendan Morris Chief Executive Officer Plantic Technologies Ltd P +61 3 9353 7983 F +61 3 9353 7901 M +61 404 076 454 E brendanm@plantic.com |
Posted at 20/4/2010 09:36 by greengiant themoneymonster,The point of a BB is to share views, not to be so blinded by your investment that you cannot listen to the other side of the story. You, however, have stated nothing in your reply which could possibly convince me to buy. I however, can tell you that the Natureflex product (which is a Cellulose product) has better respiration qualities (slightly more expensive) than the PLNT product and the Cargill product is cheaper and performs at least on a par. There is no doubt that this is a growing market, and that Retailers will move more products to this type of packaging as and when prices drop. However, my question to all investors is why do people think that this company will be one of the winners? That's all gg |
Posted at 17/2/2010 22:28 by themoneymonster2 Think they are more interested in the bigger investors which could be a good thing for us small investors?I bought my 2 sisters 40k shares each on Friday, the broker had to ring round for me to find some stock. It took an hour or so, the trades pushed the price up so that tells me there is a supply/demand issue here and mm's are trying to load up as well as us? I have a great feeling about this one! |
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