Share Name Share Symbol Market Type Share ISIN Share Description
Prophotonix Limited LSE:PPIX London Ordinary Share COM SHS $0.001 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 0.90 0.00 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.80 1.00 0.90 0.90 0.90
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 12.86 -1.03 -1.10 1
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.90 GBX

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Prophotonix (PPIX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-07-07 12:29:010.9810,00098.00O
2020-07-07 08:51:330.9515,000142.50O
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Prophotonix (PPIX) Top Chat Posts

Prophotonix Daily Update: Prophotonix Limited is listed in the Electronic & Electrical Equipment sector of the London Stock Exchange with ticker PPIX. The last closing price for Prophotonix was 0.90p.
Prophotonix Limited has a 4 week average price of 0.85p and a 12 week average price of 0.85p.
The 1 year high share price is 3.40p while the 1 year low share price is currently 0.85p.
There are currently 92,782,902 shares in issue and the average daily traded volume is 288,080 shares. The market capitalisation of Prophotonix Limited is £835,046.12.
jamesrs1: Buywell3. I have all day every day to discredit you on every share your post On. Your efforts to ramp PPIX are in vain. The share price is tanking rapidly. If you continue too slate other peoples shares that you are not invested in then I will personally dedicate my time to completely destroy you.
my retirement fund: There is a danger the next market update will be telling us that income is ahead of forecasts which could send the Share price through the roof.
mikeh30: Well STKR is at a decade high share price. 20p minimum
skirbell: I've never seen this before, so struggling to fully digest it. However, some initial thoughts. It doesn't appear to be dilution as 22M shares are being transferred to Restricted Stock - if so, who currently owns the shares that are being made Restricted? The Restricted shares limit hedging. Would this include shorting or loaning for shorting? Does PPIX suffer from a large short position? Restricted shares cannot be sold in the US or to a US person. This potentially reduces the opportunity for a take over from a US company. Are PPIX concerned that they might be taken out? At a guess, this looks like a move to reduce volatility in the share price going forward. And/or to protect against US take overs?
varies: Now that the price of PPIX shares has fallen from 18.5p (early June) to 8.5p, the award of 12,870,000 options at 23.85c, say 18.5p, does not seem such as generous as it did. The treatment of this award in the Profit & Loss account should presumably be calculated in accordance with some formula in which one factor is the average share price during the accounting period. PPIX indicate a figure of $100,000 per month; will this relate to the last 6 months of 2017 or the whole year ? Unless the share price recovers soon, the average for 2017 is unlikely to exceed 10p, say 13c, in which case a fair value for the award might be 1c per option, say $128,700, and would be the charge for the full year and not just one month. So I find the $100,000 per month figure perplexing. This is not, of course, a cash charge; it is just an unwelcome reduction of the share of profits going to outsiders like ourselves. The increase in expenditure on R&D and sales and loss of an important customer will affect our cash flow this year and seem more important than the award of options.
greedy rooster: With expectations of 2c earnings for FY 17 the shares trade on 10x earnings. This is for a stock whose end markets are typically growing by 40% CAGR. The ability to gain access to fast growth at a 50% discount to market value should not be overlooked. After a period of strong performance an element of consolidation is inevitable but the fundamentals and outlook support a much higher share price.!FOLLOWFEED
wilmdav: I find this document very difficult to understand. It states that the 'distribution date' will occur 10 days after someone acquires at least 20% of the shares. On that basis the distribution date virtually coincided with the 'record date' because 600 Group had acquired above that number 19 days before the document was issued. My impression is that the purpose is to minimise the chance of the company being taken over because the 'acquirer' of 20%+ shares loses the right to buy an equivalent number of dividend shares, whereas other holders can do so. The share price on 28 August 2014 was around 3.3p. What was the purpose of setting a target price nearly ten times higher to be achieved within three years? Any clarification would be welcome!
woodcutter: buywell no one is knocking PPIX and forgive me but there are plenty of good shares around at present so missing the intial share price growth is immaterial to me. Many of my best investments have been from stocks that have already doubled. Why the confrontational approach? I think Wilmdav and myself are mearly pointing out some FACTS! regarding the share options available and the potential dilution. And taking that in to consideration i'm choosing not to invest. woody
greedy rooster: I think this is one to keep tucking away. You could find the perfect storm of increasing earnings, larger market cap making shares more appealing to micro cap funds, and consistent re-rating, driving this share price forward for the next couple of years. A rating of 20 times would not be unreasonable if the growth comes through as expected. Then again, we could simply get taken out. 10p is too cheap for this investment backdrop in my humble opinion......
wilmdav: In spite of the meteoric rise during the past 12 months, Stockdale's prospective p/e still looks almost too good to be true. This might be the case in one respect. Below is an extract from Notes to the 2016 AR. "As of December 31, 2016, 22,965,040 shares underlying options and 4,456,067 shares underlying warrants could potentially have been included in the calculation of diluted shares. However, as the exercise price at December 31, 2016 was $0.062 per share, only 5,175,000 exercisable options and 1,900,000 warrants were included in the calculation of earnings per share. All other options and warrants exercise price exceeded the market price." The share price rise means all those options and warrants are now exercisable. 6.86m of them have already been exercised since the year end. If they all go this year Stockdale's eps forecast would be diluted to about 1.2p, a drop of 25%. If PPIX had calculated 2016 diluted eps using the outstanding options and warrants, diluted eps would have been $0.011 not the reported $014. Edited 03/05/17
Prophotonix share price data is direct from the London Stock Exchange
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