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Provexis Buy at 3.25p - Target 8p (PXS)     

peeyam - 08 May 2007 11:30

LONDON (AFX) - Provexis PLC said it has entered into a long-term collaboration agreement with Unilever PLC to jointly develop a new concentrated format of its patented Fruitflow heart-health technology for application in Unilever's food product portfolio.

Financial details of the deal were not disclosed.

The partners plan to enter into a global licence arrangement for the technology.

Fruitflow is a patented natural extract from tomato which Provexis said has been shown in human trials to reduce the propensity for aberrant blood clotting that is typically associated with cardiovascular disease and which can lead to heart attack or stroke.

In 2005 the market for heart benefit foods was worth 4 bln usd globally, Provexis added.

Considering the growth potential this share has a target of about 8-10p in the medium tern and is a good buy at current levels

As usual, pls do ur own research.

cynic - 28 Sep 2010 12:37 - 1071 of 1204

not impossible, but that's an awful lot of accumulation ...... anyway, this is currently my "Stinker of the Year", so no great expectations

moneyplus - 28 Sep 2010 12:39 - 1072 of 1204

Talk of first deals in November on the other side.

cynic - 28 Sep 2010 13:57 - 1073 of 1204

how on earth do i ever make money? ..... i have to be as thick as a dinosaur ..... 56m of 1,110m is NOT 50%!!!!!!! ..... nevertheless, 5% is still a sizeable chunk of trading

blanche - 28 Sep 2010 14:02 - 1074 of 1204

Hence somebody accumulating.

required field - 28 Sep 2010 14:06 - 1075 of 1204

Worth buying in or not ?....or is it still stinky poo ?....

cynic - 28 Sep 2010 14:11 - 1076 of 1204

i couldn't recommend it, and that is as a holder ..... large volumes don't necessarily signify anything much - cf PCI a week or so ago

blanche - 28 Sep 2010 14:11 - 1077 of 1204

rf, The $64000 question if youv`e got some cash burning a hole in yer pocket its worth a punt. Personally i think we`ve seen the bottom here. gl

cynic - 28 Sep 2010 14:11 - 1078 of 1204

graves have bottoms too, as do sewers

blanche - 28 Sep 2010 14:12 - 1079 of 1204

Oh! Doom and Gloom.

required field - 28 Sep 2010 14:19 - 1080 of 1204

Taken a punt....I must be nuts....nuts....nuts....spread quite tight which is usual for such a minnow....

blanche - 28 Sep 2010 14:21 - 1081 of 1204

43 mil buys to 15 mill sells on lse that doesn`t include the 10 mil on plus traded as well.

required field - 28 Sep 2010 14:23 - 1082 of 1204

I'm hoping for 1 to 2p rise as 3p does seem incredibly low...used to be all the time around 6 to 8p.....

blanche - 28 Sep 2010 14:29 - 1083 of 1204

Iam happy to sit here as mine are free as i sold some in the original rise. But i think once Dsm start doing deals then 3p will be a laughable thing of the past how ever long that takes...

required field - 28 Sep 2010 16:55 - 1084 of 1204

Will wait.....I am pretty sure this will rise....by the look of a lot of buying of the stock.

cynic - 29 Sep 2010 11:05 - 1085 of 1204

massive volume yet again, and yet again, no reaction on sp - 21m traded already

required field - 29 Sep 2010 11:31 - 1086 of 1204

This just has to take off...only twice before has the sp ducked below 3p, and not for long.....as this is volatile...when it takes off : it will probably get to 3.5p in next to no time....and perhaps even 4p in a matter of hours....

kosyboy - 29 Sep 2010 12:14 - 1087 of 1204

When do think this happen

required field - 29 Sep 2010 12:43 - 1088 of 1204

When, I don't know...it could happen this afternoon....but if this company gives any kind of hint of a first deal for the fruity thingy thing (whatever that is)...the sp will shoot up....and they do seem to be making progress.

Balerboy - 29 Sep 2010 14:17 - 1089 of 1204

Can't makeup my mind on this one, looking at trades toda, although there's twice as many buys to sells....just. Theres some pretty big buys of a mil or so but equally some big sells i.e 3.5 mil around 1.30pm. So Top up or not top up that is the question??.,.

blanche - 29 Sep 2010 14:19 - 1090 of 1204

More than 84million shares in life sciences group Provexis changed hands ahead of a rumoured announcement. They touched 3.5p before closing flat at 3p

Read more: http://www.dailymail.co.uk/money/article-1316032/MARKET-REPORT-Buyers-revving-Lookers.html#ixzz10vMp6goJ
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