Plantic Technologies Share Discussion Threads

[fqr714bhp] 28/7/2010 14:10

And if there is any rise in the share price it will soon be killed by all wanting to dump and get out.

This will never ever break 10p again. if you are lucky you might see 7p Max.

[skidaddle] 28/7/2010 14:09

Another observation is that on each occasion it peaked higher than its previous peak. But then what do I know.

[fqr714bhp] 28/7/2010 14:06

Yes they may have CASH but that will only pay for the wages and the christmas party for another year???. Cash burn is mental here.

It won't be long before a cash call at 4.5p

[skidaddle] 28/7/2010 14:06

I think the chart is showing a flattening out process. In the last 2 years when this happened then the shares spiked soon after (just look at the chart and you will see what I mean). It may not happen this time but I am betting it will.

[themoneymonster2] 28/7/2010 14:06

They didn't think it was going to go down to 5p when they bought at 9.2p. Just like you didn't when you bought at 5.9p.

Nothing negative has come out of the company, actually quite a lot of positives yet the share price has tanked.

There has been a seller, for how many, I was told 2 million by Matrix, then there was a few large trades appeared around 5p for roughly that. Not sure who is selling or how many they have left, but once they have been cleared, the share price will rebound. How high and fast is anyone's guess but only 80 million shares in issue and a market cap of £3.8 million, it could be dramatic?

Who knows, certainly not me.

[fqr714bhp] 28/7/2010 14:01

And before you ask, Yes i do hold 50000 shares at 5.9037p

[skidaddle] 28/7/2010 14:01

FQR714BHP

You are an idiot.

Presenting going to 1p as fact is just stupid.

[fqr714bhp] 28/7/2010 14:00

They should change the name from PLANTIC to " PANTSTIC ".

[fqr714bhp] 28/7/2010 13:59

This share is quickly becoming a " FAT NOTHING "

What is the point of Directors buying in at 9.2p when you can now buy for less then 5p?

Why are the Directors not buying now!!!! because there is nothing to buy into.

This share is just like most others, " JAM TOMORROW " All talk & no Action.

Be warned this will end up just like " STANELCO " other big fat farce.

THis is heading for 1p.

[watchout2] 28/7/2010 13:29

You seen the online limits now.

They are offering 250k at 4.76p so almost the bid price.

[themoneymonster2] 28/7/2010 13:29

watchout2 - 28 Jul'10 - 13:26 - 745 of 745 (Filtered)

?

Can't hear you mate.

Might buy some spmg, not!

[watchout2] 28/7/2010 13:26

TM2.

The more you ramp this elsewhere the more desperate you appear !

And given that you rarely hold a stock for more than a day i would
imagine you are quite desperate to get out of this one.

[themoneymonster2] 28/7/2010 13:07

biom is actually valued at double that of PLNT today yet PLNT has more cash and in my opinion, far better prospects.

We'll see.

[deanroberthunt] 28/7/2010 13:01

If this is just the Oz version of BIOM (formerly SEO) then it'll be heading for 0.4p let alone 140p.....

[skidaddle] 28/7/2010 12:58

Yes I saw that Brendan Morris bought 200,000 for 9.2p.

I personally think that he would certainly buy more now if he could. Something is stopping him. I see that as more likely to be positive than negative. Just my view though.

[themoneymonster2] 28/7/2010 12:54

No the following on March 15th:

Plantic (PLNT)'s results this morning were just as expected. The review is unchanged. Orders are expected in a few months' time. If they do not materialise, well so be it. If they do, then hang on to your seats.

-------------------

sp then was 9p and the directors bought at 9.2p on the 18th March. That was 4 months ago so we must be getting close.

[skidaddle] 28/7/2010 12:51

Is February 19th the last time Simon Cawkwell made a statement?

[themoneymonster2] 28/7/2010 12:50

I agree. I'm sitting on 450,000 of these now. My average has been brought down considerablely due to this constant drop as any profits from elsewhere have been put in here for quite a few free shares also.

I'll hold till we see that 140p Cawkwell was on about : )

[skidaddle] 28/7/2010 12:47

Its not a bad AGM statement.

I would hope that going forward the orders would be multiples of the size previously.

Best time to buy is when nobody wants them. That would be now IMHO.

[themoneymonster2] 28/7/2010 12:44

I agree but it has been grim. Can't even remember the last time we had a tick up. Looks like May before we changed brokers. I wonder if it's CODE selling? They were the old brokers.

This is from the AGM statement in June:

"In summary, the development of our strategy and agreements with new partners, together with increased sales, product development and manufacturing, has seen the most significant progress for Plantic since its inception.

---------------------

Sp is at it's lowest since the inception also : (

[skidaddle] 28/7/2010 12:34

Its a gamble but a reasonable one. A decent announcement and it will trade that in hours.

[themoneymonster2] 28/7/2010 12:31

skidaddle

Antoher couple of million and we might tick up : (