Purecircle Share Discussion Threads

[cockneyrebel] 04/3/2009 11:45

That's the feature of a growth stock - the earnings growth. If these were making big earnings now the share price would be a lot higher. There has to be a fair chunk of faith but the earnings growth next year over this year is 250% forecast.

I dare say today many like me were hoping for contract news as a carrot dangler but not a lot there. Guess they will appear in the coming weeks and months. A few taking profits because the got what they expected and no more imo. Bet your life if you sell the next day they'll announce a contract!

CR

[fast investor] 04/3/2009 09:50

From Sharecast....



Purecircle serves up 73% profit increase
Wed 04 Mar 2009

LONDON (SHARECAST) - Sweetener group PureCircle served up a 73% increase in interim pre-tax profit after good demand for its products and expects to make further progress going forward.

The Malaysia based firm said that it had signed new multi-million dollar contracts with companies such as Pepsico and Whole Earth.

Pre-tax profit rose to $2.04m in the six months ended 31 December 2008 from a proforma profit of $1.18m a year before. Revenue jumped 49% to $21.6m.

Purecircle said it would not be recommending an interim dividend as it preserve cash. "This will be reviewed in the future in light of the group's progress and funding requirements."

In Wednesday's statement the group said, "While the company is growing its business, the board deems working capital to be a priority."

"Challenges remain but we look forward to reporting on further progress, " it said.

[joe say] 04/3/2009 08:59

There's an awful lot of the future to come though

Read the language in the RNS - have you ever read narrative so confident ?

[jdavieshome] 04/3/2009 08:53

Nice results but 1p of earnings and a price of over 150p, thats an awful lot of the future already in the price.

[fast investor] 04/3/2009 08:34

oooooooooooooooooh you are manly darlocst, I DOOOOOOOOOOOOOOOOOOOOOOOOO like you. kiss kiss.

London: 12 January 2009

PureCircle (LSE:PURE), the world's leading developer, producer and marketer of high-purity Rebaudioside A (Reb A), the first all-natural zero calorie sweetener, will be announcing its interim results for the six months ended 31 December 2008 on 4 March 2009. A presentation for analysts, which will include an update on general business developments, will take place that morning at 09.30 at the offices of College Hill*.

[darlocst] 04/3/2009 08:23

erm yeah, real strength Fast Investor. Falling back now after MM opportunistic markup this morning.

You seem desperate to ramp this all over the place this morning.

There are clearly seller(s) around still & we need some real volume to clear them. Hopefully they will come in today off the back of the results, if not no probs because all seems on track & eventually the share price will follow.

[fast investor] 04/3/2009 08:17

Not now, we have buyers coming in, in strength.

[leeson31] 04/3/2009 08:02

up 4.9% but just the one buyer so far....

[leeson31] 04/3/2009 08:02

up 4.9% but just the one buyer so far....

[fast investor] 04/3/2009 07:59

Hoping so Leeson, the margins increase is quite outstanding.

[leeson31] 04/3/2009 07:50

good stuff, lets hope buyers liek it :p

[fast investor] 04/3/2009 07:44

IN JUST SIX MONTHS




Global brand launches using PureCircle's Reb A confirm $10 billion market taking off

Regulatory approvals around the world

Australia, New Zealand, Switzerland, US FDA...Europe expected to follow

Global brands launched with Reb A

PepsiCo (Sobe LifeWater, Tropicana Juice)

The Coca-Cola Company (Sprite Green, Vitaminwater, Odwalla)

Whole Earth (PureVia table-top)

Cargill (Truvia table-top)

Unprecedented rate of new product launches in just months since regulatory clearances

Strong consumer pull-through indicates growing market demand




PureCircle is the clear industry leader in this fast-growth market

Q2: 9th record production quarter in last 12 quarters
Q2 production exceeded annual rate of 300MT (Q2 FY 2008 90MT)

On track for Q4 annual rate of 700MT (Q4 FY 2008 200MT)

Multi-year, multi-$m contracts secured with Pepsico, Whole Earth, Cargill

Exclusive PureVia brand marketing & supply contracts signed

Strategic partnership agreed with Firmenich




Scaling-up the business to meet demand and maintain market leading position now key priority

Expectation that customers will launch a succession of products using NHIS

Focus will be on ensuring that PureCircle remains the market's supplier partner of choice

Scaling business in line with industry demand

2,000 MT refinery by end 2009

4,000 MT extraction plant on stream April 2009

Leaf supply secured

Worldwide footprint in place to support global customers

[fast investor] 04/3/2009 07:43

Strong Results Very Strong Results.......




Gross margins improved 9 percentage points from 31% to 40% but, with projected volumes for FY2009 running at just 17.5% of December 2009 refinery capacity, the Group has significant potential to improve margins further as refining throughput increases and the Group reaps the benefits of economies of scale.


The Group has a robust balance sheet with net assets of US$86.0 million and a strong cash position of US$27.3 million.

[fast investor] 04/3/2009 07:35

Results are strong very strong...




Gross margins improved 9 percentage points from 31% to 40% but, with projected volumes for FY2009 running at just 17.5% of December 2009 refinery capacity, the Group has significant potential to improve margins further as refining throughput increases and the Group reaps the benefits of economies of scale.


The Group has a robust balance sheet with net assets of US$86.0 million and a strong cash position of US$27.3 million.

[nurdin] 04/3/2009 07:26

Strong results as expected.Look to be on track to meet or exceed full year expectations.

Need to secure contracts with other major F&B companies however ,which I believe are under negoatiations.Should be announced within the next couple of months imo.

[felix99] 04/3/2009 07:20

Lol Fast investor - your not that fast ! - see 4 posts up !

[fast investor] 04/3/2009 07:17

Big deal done.......

[alquid1] 03/3/2009 21:30

PW; make that 6

[nurdin] 03/3/2009 21:03

The interesting thing about that news is that they are creating higher and higher barriers to entry in the Reb-A market....

[spudders] 03/3/2009 20:13

Nurd, your link is great news for PURE and bodes well for the future. Only a small holding here, seems to be a good place to invest at the moment. Good luck all :)

[nurdin] 03/3/2009 18:30

...with thanks to Felix

[randlelwa] 03/3/2009 09:55

Anyone got L2?

I just doubled my holding at 160p, as I am hoping to top-slice tomorrow and then retain a core holding for when these guys revolutionise the food and drink sector...

[fast investor] 03/3/2009 08:54

Buys 3 Sells nil so far.

[fast investor] 03/3/2009 02:22

If Man Utd are overated that makes PURE underated and thatl do fine for me.

Looks like the indicies are moving in our favour for wednesday morning results.

Dow futures as I post +90.

[leeson31] 02/3/2009 18:09

thats not true at all Donny........... man u arent over rated.

lol.

Pure will be ok im sure......

:p