ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

PXS Provexis Plc

0.60
-0.025 (-4.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Provexis Plc LSE:PXS London Ordinary Share GB00B0923P27 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.025 -4.00% 0.60 839,904 16:35:11
Bid Price Offer Price High Price Low Price Open Price
0.55 0.65
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Food Preparations, Nec 390k -385k -0.0002 -31.00 13.75M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:28:23 O 201,006 0.635 GBX

Provexis (PXS) Latest News

Provexis (PXS) Discussions and Chat

Provexis (PXS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:28:240.64201,0061,276.39O
11:54:360.61638,8983,873.00O

Provexis (PXS) Top Chat Posts

Top Posts
Posted at 19/4/2024 09:20 by Provexis Daily Update
Provexis Plc is listed in the Food Preparations, Nec sector of the London Stock Exchange with ticker PXS. The last closing price for Provexis was 0.63p.
Provexis currently has 2,217,821,523 shares in issue. The market capitalisation of Provexis is £13,750,493.
Provexis has a price to earnings ratio (PE ratio) of -31.00.
This morning PXS shares opened at -
Posted at 27/1/2024 12:04 by redprince
Good point nestof rampers re IF's ludicrously cheap and undemanding share options - we pay yet again.Its why i asked for a show of strength years ago - sadly the pi's could not be bothered.

We are all paying for it and have been for years.
Posted at 08/1/2024 15:56 by nestoframpers
if he pulls the By Health deal off he will have been cheap.

Are you forgetting all the share options he has , tons of them he will be obscenely rich if BH deliver. Which he does not deserve , he is worth £20K a year maximum.
Posted at 01/1/2024 20:50 by bareknee
Informer

Why are you surprised about the drop in Gross Margin ? We took a share of the profits from sales of FF from DSM under the AA so the old Cost Of Goods figures was purely down to our own FF+ product, whereas now we see the cost of FF in Cost Of Goods as well.

The previous Full Year results gave us a decent view of this. It appears that the Gross Margin on FF is down a bit from that in the results just posted, but not hugely.

FYI - I'm assuming that the Cost Of Goods and the GM on the FF+ side of the business aren't changing much and working out the FF SD only side of things from that.

edit : Just had a look at my spreadsheet. I estimated the Gross Margin on FF SD to be 34% between Jan and March. From the figures released the other day I estimated the GM to be 26%. Given the, smallish, uncertainties in those calcs, I think that's about right.

The overall GM has come down because the margin on FF+ is reasonably high ( ~65% ), but, as sales of the lower margin FF SD start to dominate revenues, then the overall GM comes down.

If you're going to contact Ford about the numbers you might also ask why, given he told you at the AGM that DSM customers were paying up front for FF, we're owed substantially more than this time last year. Those two things don't really add up, though it may be that recent sales have been to non-DSM customers who are on more standard 30, 60 or 90 day terms.
Posted at 04/11/2023 13:38 by redprince
winner - a word of caution on our main share holder - a lot of people took a false sense of comfort when the lawyer bought a significant holding in the company years ago.Stuart Lucas is in this for what he can make same as the rest of us - he could try and take this private and it may not be at a price that some are happy with.

So that underlines why i would not entertain any talk of a t/o until we can see the income from By-Health after a year of sales.

Hopefully SL is in this for the long term and that is very much in our better interests as if so he would help us to steer clear of a cheeky early doors offer.

Aimvho.
Posted at 31/10/2023 18:51 by redprince
Informer - thank you for taking the time to both attend and feed back to the rest of us who did not attend.I have been to x 3 pxs agm's and the SIS meeting and its quite expensive for me as i live far away so i do appreciate your attendance and feedback.

Much of what you reorted makes sense apart from the absence of doubling up in our accounts although that may show later?

My biggest concern is the prospect of a 75% majority agreeing to a take out once By-Health get going.For all i know Stuart Lucas could get behind that and after 14+ years
and a substantial stake here i dont want to get taken out on the cheap!!

Anyway i am hoping to have some funds available in the new year and if everything works out i am willing to buy more so that i can live with whatever happens.Still think there is going to be plenty of time before By-Health get the SAMR completed.

Thanks again.
Posted at 30/10/2023 20:48 by winner31
Thanks informer . DSM customers stocking up before the transfer makes sense , looking forward their stocks won’t last that long , so they’ll soon be reordering from pxs . The more I read about DSM the more it seems they were throwing their toys out of the pram when pxs broke away , makes you wonder if their plan was to buy- out pxs on the cheap and IF has thrown a spanner in their works . Hopefully we can grow sales from now on with new customers , and when Byhealth launch their products a bid would be very welcome . Also good news that dilution probably not going to happen !
Posted at 30/10/2023 20:01 by informer
Re: Provexis AGM 2023

Although the ideal opportunity to hold IF to account I am pretty sure nobody here managed to attend. I do believe that most of you live some way from London and especially in the light of the largely negative sentiment and rightly so - especially by those who have held the longest - may have found the trip difficult to justify.

It seemed that shareholders who did attend entered the room sharing exactly the same negativity. However with the exception of the De-Rampers for RedPrince, Gixer, Winner, Bareknee etc there were one or two interesting points which may offer just a bit of encouragement.

Whilst IF acknowledged that figures to March 31st were uninspiring and in particular DSM Sales it was stated that most customers had been encouraged prior to December 31st to double up on order quantities resulting in PXS inheriting an overstocked customer base. He confirmed that he was committed to increasing Shareholder value and that he was currently in discussion with a number of third parties to progress new sales and distribution opportunities for Fruitflow and that independent sales teams have been incentivised in this respect.

He confirmed that despite numerous requests DSM had been unable to provide him with any sales forecasts going forward.

IF re-iterated that in the 6 months following year end Sales of Fruitflow II SD ingredient in excess of £280k and confirmed Sales Orders in excess of £155k were currently being processed and that the company is dealing with numerous enquiries from both new and existing customers. There appeared a genuine positivity in this respect and hope we can look forward to positive Interims come December.

It was explained that IF had insisted on payment up front from all DSM customers which had been accepted in every case thus adding no additional pressure on Cash Flow.

He also stated that as DSM stocks of Fruitflow were of no use to anyone else he felt he was in the driving seat and negotiations were ongoing bearing in mind best before dates etc etc.

IF intimated that future business would be self funding and that he would only consider share dilution as a last resort.

R&D costs were questioned - we have an amazing product - the science is good why are we not spending on Sales as opposed to R&D - it was explained that most of the R&D costs relate to maintaining Patents and that the cost of each goes up annually.

It was felt that the value of the company is equal to the value of its Patents.

Clearly all are pinning hopes on By Health and encouraged that no sooner had the new SAMR Implementation Rules been published By Health the very next day made its application for Fruitflow approval as a new permitted health function to maintain normal platelet aggregation.

Apparently Felix is working in China on a British Passport obtained with the help from Provexis - no idea about this one.


Finally after the meeting had finished there seemed a genuine air of positivity with the talk of takeover in the new year as the main source of conversation.

Also Stuart Lucas is not a stupid man why would he feel the need to add to his holding - perhaps he knows something you don't ?

E&OE This is not word for word and apologies if I have missed out or misinterpreted anything - don't shoot the messenger - take it for what it is.
Posted at 11/8/2023 15:39 by nestoframpers
I reckon if anything good should happen to PXS ( yawn ) they will spike the share price to get LTHs to get out once they are not under water ( we will be so grateful) , then it will slowly fall and then, out of the blue .......
Posted at 17/5/2020 12:21 by winner31
Rich i have always thought that DSM have their own agenda when it comes to ff , of course it would be in their interest to not allow the pxs share price to get ahead of itself with regard to market cap ,we all know what happened 10 years or so ago , does anyone else think it’s strange that some years DSM throw £20 or 30k for marketing and so boosting the revenue of pxs and the the next year nothing , so flattening out any spikes in revenue and so the share price , all looks to me like they will make a bid at some stage but only what they want to pay and no more ,may be 3p which in my opinion way under values the potential of the technology .
Posted at 19/10/2019 15:49 by winner31
Notable News Buzz: Provexis Plc, (LON: PXS)

October 18, 2019 No Comments LON: PXSProvexis Plc
On Thursday the Provexis Plc, LON: PXS), the Trending-Graph. Every buying and selling session display one-of-a-kind measures and patterns about PXS stock.Now we observed the Many factors that seen on close of the Previous session. Toward the day’s end, it’s only a stock’s show that issues.



Summary Of The Provexis Plc In Stock Exchange LON:

The PXS share price closed at 0.38 with the change of 0.03 during the period of last trading session. Trading volume can help an investor to identify the momentum in a stock and confirm a trend. If trading volume raised, prices generally move in a similar direction. That is, if security is proceeding higher in an uptrend, the volume of the protection should also increase and vice versa. The Company’s current volume remained at 3424534.00. It will be even better to share yesterday’s volume of the Company, i.e., 1237316.00.

Market Capitalization of Provexis Plc :

Market Capitalization is the accurate measure of a company’s value. There’s a common misconception that a company’s each-share stock price holds as much importance as its market capitalization when it comes to picking stocks to buy. This fallacy occurs especially often in the case of new investors. The market capitalization of the Company recorded at PXS.

Buy/Sell/Hold Analysis of PXS:

Buy Signals: An event or condition that alerts a person to place a purchase order for an investment. Buy signals can be either observed by analyzing chart patterns or calculated by trading systems.

Hold Signals: An analyst’s recommendation to neither purchase nor sell a security. A company or organization with a hold recommendation mostly is required to perform with the market or a similar pace as comparable companies.
Provexis share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock