Purecircle Share Discussion Threads

[jdavieshome] 05/3/2009 12:47

smarm so hows the ramp going? See you are not getting any upswing. What do you expect when its on a PER of times 80 already.

Down to test time 40 over May/June IMHO.

[smarm] 05/3/2009 12:15

sleveen - I don't mind well argued negative comments but s/he just to turned up from nowhere with no other agenda than to wind people up. Pathetic.

S

[sleveen] 05/3/2009 09:53

Donut has been barred from TAN bb for similar comments..I don't think he can help himself.

In the pharmaceutical world (which I work in) once the American FDA licenses a drug Europe usually follows.

I suspect this will be the case with Reb A

PS a small director buy today.

[joe say] 05/3/2009 07:33

Geographic acceptance becomes easier with each territory won. Obviously the key one that remains is Europe, and to be so positive must surely be a good sign.

Clearly there's a risk with this share - to me its a straightforward question of whether the worlds 2 largest drinks players buy in, and more importantly do their customers ?

The signs so far are good as per the slide presentations.

If this continues then the profits will flow. Alternatively, if this is merely a retailer stocking up situation, with product left on the shelves or not repeat purchased then clearly the profits will fall, as will the SP

You pays your money - you makes the choice

[smarm] 04/3/2009 23:47

jatin - thanks for the Kilik note.

S

[smarm] 04/3/2009 23:34

donut - you have been spoiling for a fight, not clear why. If you see no value then move on please. But before you do, take a look at the people they have been recruiting and who they already have contracts with.

I can see that things might move slower than they might have done a few years ago but if PURE can capture even a small fraction of the sugar/sweetenr market then the profts forecasted by the broker could materialise. 143m profits by 2011...not me ramping, just the contents of a published broker note.

Now then. Let's deal with this ramping thing. Firstly, this is a thread to talk about PURE, so it is not entirely surprising to find people, well, talking about it. So do stop going on about ramping, it's pathetic.

So here's the deal. Why don't you b@gger off now and find whatever it is you are looking for and then pop back in 2010 and see how we are doing.

Oh, and by the way, the last time it went to close to £1 I bought (at £1.03) and then sold at £2. No value here of course! Then I bought back....and then I sold for a small loss....and then I bought back. Well, we'll see how it works out but I first bought at 187 and sold at 240....then £1.03 to £2. Hey ho. What can I say, some people know how to make money and others just land on threads and spoil for a fight. I know which is more productive.

S

[pitwits] 04/3/2009 23:00

donutulike - ???????

Everyone here read what the Chairman said today: " As with all businesses, challenges remain".

CR explained: "high risk, high reward"

PURE is industry leader for Reb A. Yes it does have competitors, all the way up to FTSE100 constituent TATE.

100p with no adverse news would be a great opportunity, to my surprise, the price so far has been incredibly resilient in very bearish markets.

[jatin724] 04/3/2009 22:52

KILLIK & Co
04 March 2009 Daily Note
Small Company News

PureCircle (PURE.L), the world's leading producer of Natural High Intensity Sweeteners (primarily Reb A) has today a posted good set of interim results, with revenues 49% ahead at $21.6m and PBT up 75% to $2.0m. More importantly
though is the progress being made in a number of key areas: regulatory clearances - approval has been granted in Australia, New Zealand, Switzerland and last December the US FDA granted GRAS approval too. Europe is to follow
shortly; product launches by major food and beverage companies - many of the major food and beverage companies (including Pepsico and Coca Cola) appear committed to major product launches and the GRAS approval will prove to be
a key driver here. We await news of consumer pull-through, but the idea of using a naturally-occurring, zero-calorie nonteeth- rotting sweetener has obvious appeal; the ability to scale up the business – PureCircle has clear first-mover advantage in the space, and is thought to now have over 50% of world productive capacity, with further capacity being sought in Kenya and Paraguay. Cash at period-end was $27m and our December conversations with the company certainly suggested that this, along with future free cash flow, was sufficient to finance future planned activities until
2011. This remains a very promising story.

[donutulike] 04/3/2009 22:29

yawn all you like

100p within 10 days

[donutulike] 04/3/2009 22:23

fact is: PURE ramped to high heaven

will now descend maybe 50p

[donutulike] 04/3/2009 22:22

nope. any negative gets ridiculed

[jenson joyce] 04/3/2009 22:20

who said we're not considering it. You're just repeating yourself. For what reason?

[donutulike] 04/3/2009 22:19

can't help it if folks don't even want to consider the negatives

[jenson joyce] 04/3/2009 22:16

you've made your point now move along. You dont want to be classed a bore now do you.

[donutulike] 04/3/2009 22:15

bear case always unwelcome

[foodcritic] 04/3/2009 22:15

LOL! so witty!

[darlocst] 04/3/2009 22:12

Link to today's presentation.

P8 gives you an early example of the type of growth that is expected to accelerate over the next 3 years.

Other useful info too.

donut - you are clown on the RCG thread & have nothing to add here either. Back on filter.

[donutulike] 04/3/2009 22:07

Can't blame you if you do, no value here

[foodcritic] 04/3/2009 22:06

So maybe time to move on...

[donutulike] 04/3/2009 22:03

Because I am always looking for a decent opportunity, can't see it here @ this price.

[foodcritic] 04/3/2009 21:56

Well said CR.

Donut - PURE do have genuine competition, GLG Life Tech.

However the fact is demand outstrips supply and will for some time as scaling up will take time. It is derived from a plant after all. That is why Cargill have contracts with PURE and GLG, to ensure continuity of supply.

Growth (pardon the pun) will continue as the big boys gradually roll out new products. This takes time in a branded environment as nobody wants to devalue a big brand or loose trust and integrity.

The share price is where it is for a reason - many people see the potential. Working in the food industry I see it more than most. If you don't see it...why come here?

FC

[donutulike] 04/3/2009 20:52

The fact is the growth outstrips the PE

More like the hope. That's why you ramp them so hard.

[cockneyrebel] 04/3/2009 20:50

look, if you don't like growth stocks why not clear of and buy premium bonds on short dated gilts?

Growth stocks are always on high PE's because people are willing to pay a premium for growth. If these were growing earnings at 250% this year and on a PE of 5 there would be something more worrying imo.

The fact is the growth outstrips the PE. When these meet forecasts at year end people will physically see the growth of H2 over H1. At that point loads more realise that the growth next year is very achievable.

Meanwhile you have a choice - you either don't believe it and buy something low pe low risk or you believe it, you live with the risk that if they disappoint the stock will fall but if they deliver you see your shares rise rapidly.

It's not rocket science, it's risk reward, higher risk, higher reward, they go hand in hand.

CR

[donutulike] 04/3/2009 20:09

I have no position but I recognise the interest (which some might label ramping).

PURE mgt seem to discount competitor activity somewhat. Usually if there are good stakes, competitors spring up rapidly and are stealers of mkt share.