Puricore Share Discussion Threads

[arf dysg] 25/8/2009 11:10

What's up with ADVFN? The $2.1 Million Facility RNS item is there, but there should be another RNS item for today's interim results. I can see it on

xxxxxxx
Money
xxxxxxx
a.m.
xxxxxxx

but ADVFN doesn't have it.

[jonnynixon] 20/8/2009 14:42

Why has this share gone stale? Is it still in line to make it out of the red?

JN

[bw64402] 20/8/2009 10:01

Interim Report out on Tuesday (25th).

[investinggarden] 05/8/2009 11:04

PuriCore in £3m takeover - article from Growth Company Investor

[canford cllffs] 05/8/2009 07:51

seems like there is still life in this old dog!

[eugene1234] 05/8/2009 06:25

RNS Number : 8979W
PuriCore Plc
05 August 2009



PuriCore H1 2009 Trading Update

Record Food Safety Shipments




MALVERN, PENNSYLVANIA, AND STAFFORD, UK, 5 August 2009 - PuriCore (LSE: PURI), the life sciences company focused on developing and commercialising proprietary, green solutions that safely, effectively, and naturally kill infectious pathogens without causing harm to human health or the environment, today announces a trading update covering the six months to 30 June 2009. Interim results for this period are expected to be announced on 25 August 2009.




H1 2009 highlights:

Sales of $19.1 million, a decrease of 2% (an increase of 8% on a constant currency basis) (H1 2008: $19.5 million)
Food Safety sales of $12.6 million, an increase of 16%

Endoscopy sales of $6.1 million, a decrease of 27% (3% on a constant currency basis)



Cash balance as at 30 June 2009 of $15.8 million (increased from the cash balance as at 31 March 2009 of $15.6 million as a result of improved working capital and foreign currency)
Q2 operational cashflow positive

H1 operational cash outflow of $2.7 million (H1 2008: $4.8 million)

Debt reduced $2.7 million in H1 ($1.3 million in Q2)



Gross profit margins unchanged compared with H1 2008
Operating expense reductions of 14% (12% net of non-cash share compensation, depreciation and amortisation) compared with H1 2008
Record 6-month shipments of 614 Sterilox Food Safety Systems
Post period-end developments (see separate release issued today):

Acquisition of Labcaire Systems Ltd., a leading UK supplier and manufacturer of endoscope disinfection equipment

£2 million by way of a Placing through the issue of 10,810,811 Placing Shares at an Issue Price of 18.5 pence per share

Outlook




PuriCore expects to complete the successful integration of Labcaire Systems into the business this year. The Company anticipates delivering full-year results for legacy PuriCore in line with market expectations for revenue growth and operating expenditure improvement. The Directors believe the Company is well positioned for further growth, and PuriCore will continue to make effective use of its balance sheet, including the strategic use of debt financing for leased systems.




Greg Bosch, Chief Executive of PuriCore, said:



'We remain confident that we are well-positioned to execute on our legacy PuriCore business plan and look forward to integrating the Labcaire business in the UK as announced separately today.'

[greedy rooster] 03/8/2009 13:27

Rumoured to be 28th August - figures.

[jonnynixon] 03/8/2009 13:09

does anyone knw when the next trading announcement is. Im excited, this seems to be below PI radar. Thankfully no rampers to date.

[ian 50] 02/8/2009 23:56

well im still in puricore, share price has taken a tremendous dive in the last yr but things are looking up the sp- has definetly stabalised and steady growth in contracts money in the bank as well mr wookie your pretty hot on this company you actually see 70p? ill be exstremly happy with that why not a £1 then im out

[wookie77] 31/7/2009 23:34

Puri also trying to break into china....massive market for them.
70p IPO price will be seen again within the next year.

[jonnynixon] 31/7/2009 16:44

she looks like shes getting ready to break...I hope the results are as strong as I suspect...this quarter is when they are due to make their first ever profit?! right? I hope we blow expectations and bring this rising star to investors attention.

[greedy rooster] 28/7/2009 10:37

On the verge of breaking out - newsflow needed and a worsening swine flu position may build expectation - any thoughts on price targets?

[daithedeath] 27/7/2009 14:51

Still it lurks below the radar,till the trading update

[shaft] 24/7/2009 08:49

Last two years trading update has appeared around this time, mabye next week.

[arf dysg] 23/7/2009 12:36

Not if the management team all get it!

I don't think swine flu will affect PURI's prospects one way or another.


I hear that they're growing wings in Mexico. I know this because the news said that a Mexican flew.


ADVFN is still fiddling with their little blue line. The bid and offer haven't changed but the little blue line has dropped to 18.5p. That could be the last reported trade, but other stocks aren't being reported the same way.

[katsy] 23/7/2009 08:24

Are these still set to do well from the swine flu pandemic?

[arf dysg] 15/7/2009 14:05

What are ADVFN playing at?

Bid 18.25p
Offer 19.25p

Price for little blue line 19.5p


...not that I'm complaining about the price rise!

[pelleeds1980] 15/7/2009 13:47

Liking the look of this one

[daithedeath] 14/7/2009 15:12

Seems to be below the radar for now

[pylewell] 14/7/2009 10:24

The July issue of Red Hot Penny Shares had this as a Buy.
Summary -"The need for safe, effective, natural remedies to control the spread of infectious pathogens is urgent. PuriCore is finding a willing market in the food handling and medical sectors. The business may have been loss making in the past, but sales are growing at a healthy rate and profitability is now not far away. The share price of this main market share (and so eligible for an ISA) is just starting to anticipate a bright and profitable future. With a 12 month target of 30p, BUY up to 15p.
Its a good 2 page detailed write-up.

[arf dysg] 14/7/2009 08:38

I've been watching it go up and being quiety glad that I bought.

[shaft] 14/7/2009 08:19

The noisier the board the more volitile the share price, I'm keeping quiet about this one!

[boischastel] 14/7/2009 07:01

Can't believe no-one has written anything ref Puri since May!
SP up too.

[joeblogg1000] 28/5/2009 13:47

Cannot understand why this price is so low!!!
Jim Smits, SUPERVALU Group Vice President of Fresh Food Merchandising, said:
"Our decision to be the first to integrate the Sterilox System into several banners in 2005 was based on our commitment to food safety and offering superior quality for our customers. We are pleased to be able to extend this safety, quality, and sustainability benefit to all customers who shop in our stores across the country."
There can't be too many left by the dostressed sellers??