Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Purecircle Limited LSE:PURE London Ordinary Share BMG7300G1096 ORD USD0.10 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 99.50 99.40 99.60 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 99.2 5.7 3.8 25.4 184

Purecircle Share Discussion Threads

Showing 1126 to 1149 of 1450 messages
Chat Pages: Latest  46  45  44  43  42  41  40  39  38  37  36  35  Older
DateSubjectAuthorDiscuss
28/6/2011
20:51
Type 2 diabetes? Take the 600 calories of cabbage cure.
sir rational
28/6/2011
10:07
You should go on that Type 2 Diabetes diet and get cured
sir rational
28/6/2011
09:59
and full of sugars and calories. they might not be sucrose but have other sugars in them. as they have approval in one eec country full eec approval cant be far off.
haroldthegreat
28/6/2011
07:48
Why not buy the 100% pure juices, they are easily available?
sir rational
28/6/2011
00:04
I am sick to death of facing high calorific content im any fruit juices I buy. There must be millions like me, diabetics and other weight watchers who have to avoid agreable fruit drinks because they contain 20gms of sugar in every serving. How come there is such a need for stevia yet PURE cannot get enough sales? The stuff should be medically prescribed. It would save the NHS a fortune in health care. What then is really holding up sales?
scrutable
20/4/2011
10:35
not to mention nearly 300,000 shares bought by Directors, including chairman, recently 24-Mar-11 Buy Magomet Malsagov 108.00p 200,000 £216,000.01 15-Apr-11 Buy Paul E Selway-Swift 107.50p 50,000 £53,750.00 14-Apr-11 Buy Paul E Selway-Swift 109.20p 27,000 £29,484.00 24-Mar-11 Buy Paul E Selway-Swift 105.90p 20,000 £21,180.00
stopaloss
07/4/2011
09:16
Does the latest increase by 'AIMS' mean the UK may be getting nearer to getting the green light for Reb-A. Just my thoughts.
spudders
04/4/2011
17:08
Looks to me like Lucien Miers is right on the button here !
masurenguy
04/4/2011
16:59
From ShareCrazy http://sharecrazy.com/beta/daily/5090/update-on-purecircle-pure by Lucian Miers, the Bard of the Boleyn I wrote about PURE a couple of years ago (PURE) when the shares traded at 260p and again last August (PURE2) when they were around 210p. They now languish at around 105p after a dismal set of interims last month which confirmed my concerns about the company. PURE, was launched with great fanfare at the end of 2007 as a producer of a natural, zero calorie sweetener product made from Stevia, which would soon capture a large share of a $10 billion market which itself was set to grow as Americans became fatter and fatter. The company was priced for explosive growth reaching a market cap of some £465 million last year. Last month's interims to Dec 2010, however, paint a rather alarming picture. Net debt now stands at £77 million. Turnover has collapsed from $37 million to $13 million, the company has slid from profit ($2.3 million) to a loss of $7.5 million and inventory levels have ballooned from $79 million to £113 million. Yet again analyst forecasts have been missed. Apart from using the word "disappointing" PURE seemed remarkably upbeat in its statement providing an array of reasons for the poor figures and loads of impressive sounding statistics. For instance: the fact that USA retail sales of Stevia sweetened product reached $809 million in 2010. Followed by the fact that Purecircle's market share (excluding the table top sweetener category) was in excess of 90%. When, in the analysts' Q&A it was asked... "You claim to have around 90% of the overall Stevia market..... why is it you have not got a much more substantial share reflected in your turnover?", chief executive Mr Malsagov replied, "That is a good question" (I thought so too) and proceeded to answer it in a way that left me none the wiser. The build up in inventory was presented as "strategic" rather than a result of failure to shift product and a question on short term debt and the timing of repayments was addressed thus: " The practice in China in agricultural banks is for them to do rolling twelve month loans but, in reality they keep rolling. Again it is a technical repayment but in reality, it will roll." Now where have I heard this sort of statement before? PURE is now valued at £160 million by the market, which in my opinion, is still extremely generous given the business model is rapidly tarnishing. The shares, having halved since my last update, could continue much lower. I remain short.
pabloiom
24/3/2011
19:44
This might fall tomorrow following RHPS Sell recommendation after the market close tonight !
masurenguy
21/3/2011
15:04
From Agrimoney: Cloud over sales hopes sends PureCircle tumbling Shares in PureCircle slumped 10% to a two-year low after the low-calorie sweeteners group revealed a return to red and reduced hopes for sales. The champion of sweeteners based on the stevia plant acknowledged that a loss of $6.9m for the last six months of 2010, the first half of the group's financial year, was "disappointing". PureCircle blamed the decline from earnings of $1.3m a year before on delays in customers taking delivery of its products, which left booked revenues down by nearly two-thirds at $13.6m. On an underlying basis sales of the core stevia product more than tripled. "The first half has been a challenging period, with sales not reflecting the underlying growth in the stevia market," Paul Selway-Swift, the PureCircle chairman, said. The US consumer retail market for stevia grew by 91% last year, according to research group Nielsen. 'Sales volatility' Nonetheless, with PureCircle still operating well below capacity, built up through an investment splurge in the previous financial year, the group said it would be "calendar 2012 or 2013 before the true velocity of stevia sales globally becomes apparent". "We continue to anticipate a high degree of sales volatility over the next two years," the company added, guiding to sales of $50m-60m this year, below consensus of $70m. And the group raised a further cloud by showing a run-up in inventories to $113m, reflecting the lower sales. Evolution analyst Alex Sloane said: "At the current level of debt the group has circa $50m cash and banking facility headroom which the company view as 'sufficient for projected requirements', "Clearly the risk is that if sales growth does not pick up, inventory reductions could be slower than anticipated leaving PureCircle close to debt capacity." 'Far from cheap' Mr Sloane restated a "sell" rating on PureCircle shares and said it he was re-evaluating a target price of 129p on the shares following the results. Even the stock's heavy fall this year had left the group trading on about 20 times earnings before interest, tax, depreciation and amortisation (ebitda) for 2012, "which is far from cheap given the trading risk and highlighted volatility". The shares stood 10.4% lower at 112p in morning trade in London.
bobdouthwaite
21/3/2011
10:09
FELIX99, I think it fair to say that PURE have achieved less than nothing. Of course, they have no patents to protect any commercial advantage they may have achieved. They even disclose that they have 90% of the US stevia-derived retail sweetener market and still cannot make money. What hope have they got? Simon Cawkwell
simon cawkwell
21/3/2011
09:34
they seem to have burned $50m US in a year and achieved what lol ?
felix99
21/3/2011
08:34
indeed Simon I thought companies converted inventory to sales and hence cash..not the otherway round.
sleveen
21/3/2011
07:36
Gentlemen, PURE is clearly imploding. Sales to get things right are massively deferred and certainly not booked. Stocks have shot up. I reckon losses announced today are going to increase and that there is no way out. This stock should be well below 100p. Simon Cawkwell
simon cawkwell
18/3/2011
16:55
I closed a short a few days back just in case but it should be under a quid this thing - but thought the rise after last results was totally irrational . Seems I was vindicated eventually!
felix99
18/3/2011
16:21
Interims out on Monday. Share was trading at nearly double this time last year - 230p. So any good news could see a rerating but the market is telling me its still having a hard time. Maybe pleasantly surprised! Historically it has picked up nicely after its interims.
troc1958
02/3/2011
09:36
Perhaps Reb-A sales will also benefit 21:42 UK, 1st March 2011, by Agrimoney.com High sugar prices 'fuelling drift to corn syrup' Czarnikow has tightened its forecast for world sugar supplies – the market's second downgrade in two days - despite highlighting the increased competition from corn syrup in the sweeteners market. The sugar merchant cut by 3.8m tonnes to 165.0m tonnes its forecast for world production of the sweetener in 2010-11, meaning growth came in at half the level it had initially expected, following weather setbacks in producers from Brazil to Australia. However, Czarnikow also trimmed by 1.2m tonnes its forecast for consumption, flagging "slowing physical offtake at higher prices", which last month hit a 30-year high of 36.08 cents a pound for New York futures. "It is clear that there has been limited growth and rising substitution over the past few seasons in response to higher prices," the group added. "Indications are that consumption growth has been constrained in part as a result of corn sweeteners capturing a greater share of sweetener demand." Sugar vs corn syrup Czarnikow highlighted "rising substitution" in markets such as China and Mexico, which "seems happy to accept cheaper fructose sweeteners as a replacement for the beverage industry". Czarnikow world sugar estimates, 2010-11 and (year-on-year change) Cane production: 133.41m tonnes, (+8.9%) Beet production: 32.16m tonnes, (-6.3%) Total production: 165.57m tonnes, (+5.6%) Total consumption: 168.72m tonnes, (+1.5%) The observation tallies with reports from corn processors such as Tate & Lyle of increased sales to Mexico of high fructose corn syrup, despite a price rise which the International Sugar Organization pegged on Monday at 22% since September. "Even after the recent rise in spot values, the relative price of high fructose corn syrup remains 40% lower than sugar's," the ISO added. The ISO added that production of corn syrup "is anticipated to increase in order to satisfy growing demand by Mexico's food and beverage industry", although the sweetener is expected to continue losing out to sugar in the US, where its popularity has been dented by alleged links to obesity. Growing shortfall Czarnikow's calculations increased the global deficit in world sugar supplies in 2010-11 to 3.7m tonnes, from 2.8m tonnes. The shortfall took the total shortfall in three successive seasons of deficit to 28.2m tonnes. On Monday, the ISO also downgraded its forecast for world production by 910,000 tonnes to 168.05m tonnes. However, with consumption pegged at 167.85m tonnes, ISO the estimates kept the market with a small surplus. The organisation, unlike some other observers, draws up its figures strictly to an October-to-September crop year. Sugar for May down 0.7% at 29.26 cents a pound in New York, in its first day as the spot contract following the expiry of the March lot.
bobdouthwaite
10/2/2011
10:51
They probably would try valium but even at these prices I suspect Sugar is a lot cheaper :-)
felix99
10/2/2011
10:30
God forbid the world should revert to using only unrefined sugar found growing (or hanging, in the case of beehives) on trees. It's unbelieveable that the first act of the Tunisian government to quell the restless Carthaginians is to buy in a load of refined sugar and sweeteners. Why not go the whole hog and make it valium?
donaferentes
10/2/2011
03:44
felix one figure that has always confused me is that refined stevia is 300 times as strong (sweeter) than refined sugar. if so,the warehousing costs of storing/moving 300 tonne of sugar verses 1 tonne of stevia would dawf the raw material cost alone. if my first sentence is correct, land rental costs would also factor in i think there may be an acceptance problem, people tend to be slow to change
cnx
08/2/2011
10:40
I would say risk is that they still wont; achieve forecast volumes. I think perhaps people still like this cos sugar is going through the roof and they think the manufacturers will be pushing to use Stevia which may be cheaper - can anyone confirm price of stevia versus sugar or asphartame? -. Even if that is the case it still takes a long time to launch a new drink flavoured with stevia and so I think lead times wont helpt hem meet near term volume forecats.
felix99
08/2/2011
09:02
Tipped and appeared as the headline article in RHPS this month. Surprised there is no comment on this bb about it. TB has put a 168 buy limit & 1 yr tgt of £2.50. Looking at the above comments, not sure if now is the right time to get in. Any informed views appreciated.TIA
2vdm
13/1/2011
10:44
Slightly disappointing interim statement. No mention of progress on EU approval. Sales lower than expected, stating they will be higher in 2nd half (agree with you Felix - typical smokescreen for a disappointing performance). However positive global growth on Stevia products as per Neilsen survey. May take longer for Pure to grow to forecasted levels but will get there in the end. I expect a slight drop in share price followed by a consolidation period and then hopefully upward movement again when interims announced in March.
troc1958
Chat Pages: Latest  46  45  44  43  42  41  40  39  38  37  36  35  Older
ADVFN Advertorial
Your Recent History
LSE
PURE
Purecircle
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200924 22:03:29