Puricore Share Discussion Threads

[canford c1iffs] 21/5/2010 06:57

I think if they were bust we would have heard by now............but I agree it is dragging on a bit longer that was intimated.

[costanz] 21/5/2010 06:52

It has been a long time since the suspension. Any ideas what is going on?

[ian 50] 02/5/2010 13:34

well yours and everyones elses this is what ive heard if im incorrect then so be -ihope i am wrong

[moosh2] 01/5/2010 14:02

ian 50 is probably the one creating the rumours to scaremonger. the last trading update from jan 2010 for Q4/yr end 2009 below. according to the fundamentals, no need for concern. not that we can do anything now, but it's a bit gutless to bring out all the conspiracy theories once the company has been suspended. ian50 is boring and is filtered.




....and if it does go bust, it's only money!

[ian 50] 30/4/2010 12:48

too much funding not enough sales rumour they where doing trying to do buisnsess with the chinese

[piedro] 30/4/2010 12:35

iMHO - this company needs a partner

Company..... t/o..... profit..... mcap
PURI..... 23.12m... (11.04)m.... 31.8m
TSTL...... 6.85m...... 1.28m.... 18.6m
BYOT...... 0.93m.... (2.98)m.... 12.4m

good product, tremendous turnover (t/o), but still loss making - they need help.

[ian 50] 30/4/2010 11:25

not enough cash im afraid a wirly bird cheeped need more dosh and theres a rumour of delisting poss management buyout but then who knows

[latifs100] 30/4/2010 10:46

they do have cash dont they around 6millinon? hold from 20p

[arf dysg] 30/4/2010 10:14

If the share price has been going up, doesn't that mean that news of something positive is leaking out?

[bengo2] 30/4/2010 10:06

Not necessarily Canford.

A strategic initiative can be one that:

Responds to an issue that, when resolved, will have a significant impact
on the organization's results.

Fingers crossed and GL :)

[canford c1iffs] 30/4/2010 08:36

The Company has been, and continues to be, in discussions with its major shareholders and advisers in relation to a number of strategic initiatives. During this time the Company will not be in a position to finalise and publish its Annual Report and Accounts for the year ended 31 December 2009 and will, therefore, be suspended from listing and trading until such time as the Annual Report and Accounts are published.

The Company is confident of bringing these discussions to a positive conclusion within a short period of time.

---------------------

call me cynical but I don't think this looks good................

[naiad] 30/4/2010 08:18

Thanks for correcting that Arf. Edited now. Same point though.

[arf dysg] 30/4/2010 07:49

Naiad, what on earth do you mean, "a rights issue" ? The announcement said debt of $1.8 million. That's not a rights issue.

[naiad] 30/4/2010 07:35

More debt based fund raising a week ago and no mention of the results. A share price which has been notching up for each of the last few days. Discussion of strategic initiatives, which have been and are on-going, which mean that the company cannot release its results. And all of this such that the announcement of the results is pulled on the morning they are due.

What makes results uncertain to the point they cannot be released? Valuation of income streams, going concern doubts, technical failure of the product with potential claims. All possible but would have been known about and this last minute action would not be necessary. If a bid had been received it would have to be released if it was such as to be taken seriously. If however the results coming out are poor, and the company has started discussions about a merger, would the delay in issuing results protect shareholders against selling when the value of their shares might increase due to a possible merger or other transaction. Would protecting the share price through suspension improve the relative value Puricore shareholders get if a transaction follows.

This is all very curious and disconcerting in a company that has consistently failed to deliver shareholder value.

[latifs100] 30/4/2010 07:22

hope good news .. cannot take any more losses

[costanz] 30/4/2010 07:07

No idea what is causing the delay in results. Only 7 days ago they announced a debt raising of £1.8 million and confirmed results would be published on 30 April. Something must of happened in the last 7 days to change this. Any ideas - good or bad?

[canford c1iffs] 30/4/2010 06:44

interesting development;


RNS Number : 1093L
Official List
30 April 2010

NOTICE OF TEMPORARY SUSPENSION OF LISTING FROM THE OFFICIAL LIST

30/04/2010 7:30am

TEMPORARY SUSPENSION

PuriCore Plc

[arf dysg] 29/4/2010 19:03

"MALVERN, PENNSYLVANIA, AND STAFFORD, UK, 20 January 2010 - PuriCore (LSE: PURI),
the water-based clean technology 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, announces its pre-close trading update for the year ended 31
December 2009. Audited results for this period are expected to be announced in
late April 2009. "


I imagine that that first 2009 is correct but that second 2009 should be a 2010.

Anyway, there's not much of late April 2010 left, is there? Results should be interesting.

[latifs100] 29/4/2010 07:23

results tomoro.. are we expecting good results.. up today

[ian 50] 17/3/2010 18:56

whats moving it never moves it only only goes down very very f--ked off

[latifs100] 16/3/2010 19:41

its turning today.. any ideas of results day..

[ian 50] 02/3/2010 00:16

yes its moved but 18mths or so it was 62p down to 3-4p at this present price the market is either unimpressed or the forgotton one either way as i payed far tooooomuch ive got to sit it out hoping 40p will come back.

[jonnynixon] 22/2/2010 18:39

Do not worry, this is a solid company guys...I think if the management team could be bothered putting out rns on a regular basis we would keep growing...but remember its already grown 100% share price in 12months!! Upside is good...however pi s would rather invest in quick win companies like oil n gas at the moment

[latifs100] 22/2/2010 18:30

we need news or rumours to move this.. hold from 16p

[ian 50] 21/2/2010 00:31

we need devine help with this company what will make this share move ???please --- i pray for great movement [wont hold my breath]