Ultimate Cynic
- 31 Oct 2007 19:34
Noticed that this share looks like it has turned a corner and is still less than 0.5p to buy.
Should I wait for a slip back before buying in though?
Buy now or wait, decisions decisions..........Oh well, we'll see what tomorrow brings.
UC.
Active
- 08 Nov 2007 22:33
- 18 of 59
After Close Tonight: British Bulls.
BUY
CONFIRMED
0.4000
+0.0200 +5.26
PARO
ParOS PLC
Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was made on 05.11.2007 (3) days ago, when the stock price was 0.3900. Since then PARO has gained 2.56% .
BUY-IF is confirmed by a white candlestick with an equal open and a higher close.
http://www.britishbulls.com/StockPage.asp?CompanyTicker=PARO&MarketTicker=Technology&TYP=S
Active
- 09 Nov 2007 07:45
- 19 of 59
ParOS signs further contract with Tropical SA
9 November 2007
ParOS plc
("ParOS" or the "Company")
ParOS signs further advanced controller contract with Tropical SA
ParOS, the AIM listed advanced control company, announces that ParOS Technology EPE, its Greek subsidiary, has entered into a further commercial contract with Tropical SA. The new contract is for the development of an advanced controller for a 1kW reformed gas based fuel cell power generator. Fuel cell power is particularly applicable in rural environments where there are ready sources of gases for reforming and in applications where low weight to capacity, environmental impact and noise are critical.
This is a further step in the Company's strategy to commercialise its intellectual property in energy systems of the future.
Under the terms of the contract, which is worth Euro 50,000 in aggregate, ParOS Technology EPE expects to recognise half of the revenue in the current financial year and the remainder in the 2008 financial year.
The principle objective of ParOS continues to be the commercialisation of its technology which is designed to provide cost effective, safe, sustainable and environmentally responsible advanced control for the energy systems of the future.
Patrick McHugh, Chairman and CEO of ParOS plc, said:
`The strategic alliance signed with Tropical SA in June 2007 continues to establish potential commercial applications for the Company's technology. LPG, methane, natural gas and biofuels need reforming to hydrogen for fuel cell based electrical power generation. Our advanced controller is already proven in this area.'
In addition, the Company is honoured that Harish Khajuria, whom it is sponsoring for a PhD at Imperial College, has been awarded an Industrial Fellowship by The Royal Commission for the Exhibition of 1851. Harish is conducting research entitled "Advanced control and optimization of a hybrid pressure swing adsorption energy system".
For Enquiries:
ParOS Patrick McHugh Tel: 020 3008 8223
Square1 Consulting Limited Mike Feltham Tel: 020 7929 5599
John East & Partners Limited Simon Clements or Bidhi Bhoma Tel: 020 7628 2200
Background information on ParOS
ParOS advanced optimisation and control solution technologies have been developed by a team, led by Chief Technology Officer, Professor Pistikopoulos, at Imperial College's Centre for Process Systems Engineering, over the last 15 years. In October 2007 ParOS was formally granted European Patent EP1399784 for the use of its parametric Model Predictive Control ("MPC") technology. ParOS became a spin-out company from Imperial College in January 2002 providing energy saving advanced optimisation and control solutions to industry. In March 2006 ParOS plc was admitted to trading on AIM with a view to commercialising its existing technologies and to utilising its intellectual property pipeline agreement with Imperial College.
Advanced control, referred to as MPC, is achieved by repeatedly solving optimisation problems online to determine the best control action, given the sensor measurements at any given time and a desired target value for these measurements. Until now providing hardware and software applications to support MPC has been expensive and time consuming. ParOS technology overcomes these obstacles using parametric optimisation techniques to determine MPC solutions offline that run online with low cost process controllers. ParOS' solutions are currently installed in the Automotive (Active Valve Train and Van Refrigeration) and the Process (Air Separation Systems) Industries.
ParOS is developing control solutions for the energy systems of the future including hydrogen storage in solid metal hydrides and portable and standby hydrogen based fuel cells for use in power generation and transportation.
ParOS Technology EPE runs laboratory and product development projects in Cyprus, undertakes product co-development initiatives in Greece and Cyprus and leads business development activities and commercial negotiations with Greek customers.
For further information please visit www.parostech.com
Background information on Tropical SA
Tropical SA, a privately held company, is the only Greek company dealing with the research and development of fuel cells and hydrogen technologies and is participating in 18 research projects with Universities and Institutes worldwide. Tropical is an official member of the European Hydrogen and Fuel Cell Technology Platform Industry Group. Tropical products are developments from these technologies and include renewable energy products and fuel cell powered vehicles.
For further information please visit www.tropical.gr
Background information on the Royal Commission for the Exhibition of 1851
The Royal Commission was established in 1850 by Her Majesty Queen Victoria to organise the Great Exhibition. Prince Albert was appointed President and took personal charge of the whole complex operation. The Exhibition was an enormous success and as well as establishing the famous cultural estate of museums and colleges in South Kensington made a substantial profit. There remained sufficient funds for the Royal Commission to set up, in 1891, an educational trust to perpetuate its aims. Today, with capital assets of over 40m, annual charitable disbursement exceeds 1.6m. Through giving fellowships and grants to pure research in science and engineering, applied research in industry, industrial design and other projects, the Commission supports the development of science and technology, and its profitable exploitation by British Industry.
For further information please visit http://www.royalcommission1851.org.uk
END
Active
- 09 Nov 2007 09:02
- 20 of 59
V.strong buying and another large buy for 2.50 million shares at 0.42p filled. Some buys have come through at a premium at 0.47p.
Active
- 09 Nov 2007 09:02
- 21 of 59
V.strong buying and another large buy for 2.50 million shares at 0.42p filled. Some buys have come through at a premium at 0.47p.
trader6
- 09 Nov 2007 10:15
- 22 of 59
There's a seller and all of the buys this morning allowed a 2.5 mil sale
to go through.
You have to try and be more honest active, i know you want out for a
profit but posting blatant lies wont help you attract buyers.
Active
- 09 Nov 2007 17:04
- 23 of 59
Relentless buying continues and yet the price has been static as the large buy order continues to get filled. Another large buy for 2.50 million shares was filled today at 0.42 pence. Thus far IMO someone has picked up 2.5m at 0.42p 4m at 0.37p, 2m at 0.33p, 2.5m at 0.43p, and 900K at 0.44p. That is 11.90 million shares. I think we're are likely to see one more large buy for 2 million shares which would take the order to a 3% stake. Once this large buy order has been completed we should see the next wave of rises begin. The market makers have become very short of stock so the rises could be explosive IMO. Another little bit of good news out today. The company is making significant progress and a big deal looks like is just round the corner.
Active
- 14 Nov 2007 19:59
- 24 of 59
Topped up today. IMO the biggie rises are not too far away.
Active
- 16 Nov 2007 08:36
- 25 of 59
Large buyer is back: 945,178 buy has just come through at a premium at 0.42 pence.
teddybear5
- 16 Nov 2007 17:22
- 26 of 59
ParOS plc
("ParOS", "the Company" or "the Group")
Holdings in Company
ParOS was notified today that, following a sale on 16 November 2007 of
2,500,000 ordinary shares of 0.1p each ("Ordinary Shares"), equivalent to 0.53
per cent. of the issued share capital of the Company, Imperial Innovations
Group plc holds 31,278,847 Ordinary Shares, equivalent to 6.61 per cent. of the
issued share capital of ParOS.
Enquiries:
Patrick McHugh 020 3008 8223
ParOS plc
Simon Clements 020 7628 2200
John East & Partners Limited
Mike Feltham 020 7929 5599
Sqaure1 Consulting Limited
Active
- 17 Nov 2007 14:16
- 27 of 59
Was out after lunchtime yesterday and seems missed all the fun. What a pleasant surprise on my return and IMO we're in breakout mode now. The large buyer picked up another 3million shares at 0.50 pence and 1.50million shares at 0.37 pence. The marker makers IMO don't have stock for the large buyer and hence asking Imperial again to give them some and they gave another 2.50 million shares so that the very large buy order for the large buyer could be nearer completion. IMO this large buyer has now picked up around 16 million shares over the last two weeks. The next resistance point is now at 0.72 pence and IMO we should see the price rise to that level next week. We will need more news to see a rise past 0.72 pence. Should be fireworks on Monday - may well get to 0.72p on Monday alone if the market makers continue to be desperately short of stock and the large buyer is in the market to buy more shares. Well done to all who kept the patience whilst the price was static at 0.30-0.40 pence.
Active
- 17 Nov 2007 14:35
- 28 of 59
After Close on Friday: BritishBulls.
BUY
CONFIRMED
0.4700
+0.1200 +34.29%
PARO
ParOS PLC
Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was made on 13.11.2007 (3) days ago, when the stock price was 0.4000. Since then PARO has gained 17.50% .
BUY-IF is confirmed by a white candlestick with an equal open and a higher close. Patience pays off. The market wavered a bit but finally confirmed the recent bullish formation.
http://www.britishbulls.com/StockPage.asp?CompanyTicker=PARO&MarketTicker=Technology&TYP=S
Active
- 17 Nov 2007 18:43
- 29 of 59
Classic recovery situation on the 1 YEAR Chart...hard to believe the price was at 2.50p this time last year.
Active
- 17 Nov 2007 18:43
- 30 of 59
Breakout on strong volume:
Active
- 17 Nov 2007 23:42
- 31 of 59
Courtesy of the 6.00 a day premium access to Hemscott:
ParOS PLC
Shareholders
Shares in issue: 473.0m
Major Shareholders Amount % Holding
Pacific Continental Securities Ltd 51,872,618 10.97
Efstratios Nikolaou Pistikopoulos (dup) 44,365,336 9.38
Imperial Innovations Ltd 31,278,847 6.61
Carey Pension and Benefits Ltd 30,102,716 6.36
Wescott Intl Holdings Ltd (dup) 26,733,079 5.65
LR Noms Ltd 25,067,479 5.30
Patrick McHugh 24,735,565 5.23
N Bozinis 14,729,329 3.11
Other Directors Amount % Holding
Laura Jane Avigdori 2,500,000 0.529
Totals = Around 251 million shares!!!
Though somone else is holding around 120 million shares because according to Paro's records there are just around 101 million shares in free float. That figure does include the millions that we hold between ourselves.
Number of shares not in public hands 101,703,617 *
But the 101 million shares in free float also includes * Includes 30,102,716 shares held by Carey Pensions and Benefits Limited as Trustee of the ParOS Employee Benefit Trust.
http://www.parostech.com/stock.htm
So just a free float of around 70 million shares (less if include holdings of private investors) is amazing....11 million traded on Friday. A big short squeeze on stock could bring rises beyond expectations IMO especially with the presence of our large buyer who's even snapping up 3 million shares at 0.50 pence.
Active
- 18 Nov 2007 10:26
- 32 of 59
Important milestone on Monday when the price crosses the 200 day moving average at 0.50 pence. It would be for the first time this year and potentially mark the end of the downtrend fom 2.50 pence at the beginning of the year.
Active
- 25 Nov 2007 13:07
- 33 of 59
Next week: Alot of support now built at 0.35p + additionally with the 50 day moving average there as well. A few buys came in on Friday and IMO should see the start of the next wave of rises soon. Couldn't break through the 200 day MA on Monday when the price got to 0.50p and that is now at 0.47p...the next major milestone to break. Very significant it will be once the price goes past that level.
Active
- 25 Nov 2007 13:10
- 34 of 59
longshanks - 22 Nov'07 - 12:52 - 739 of 744
I have had a reply from Mr McHugh. Seems the delay was caused by travel and his email considering mine as spam. Some interesting points for any investors on this BB.
Dear Mr xxxxxxxxxxx
Firstly please let me apologise for not replying sooner to your e-mail. I am
afraid my over-zealous spam filter pushed your e-mail out on 16th November.
I have been in Athens from 19th November and only back in the office today
22nd November. I checked the spam filter today and found your e-mail.
I am very pleased at your continued confidence in ParOS. We are all working
very hard to make the business a success. It has just two years since
Imperial Innovations first asked me to help ParOS. Since then we have built
a real company, got funding through the reverse into Oak Prospects, joined
the AIM, got a European Patent, opened a Greek subsidiary, won our first
commercial contracts, cut the day to day spending to the bone, focused
strategically on the new energy markets and reorganized the team to give
greater commercial impact. I have only one disappointment which is just how
long it is taking us to achieve a commercially profitable revenue stream.
I was a surprised initially when Imperial Innovations first sold some of
their holding after the news was released that we had secured the European
Patent at the end of October. I did not know in advance that they were
planning to do this. I have of course spoken to the senior team at Imperial
Innovations and now know;
- they did not let me know of the sale in advance as they do not want to be
considered an 'insider' i.e. they want to able to trade freely in our
shares;
- they were approached by a market maker to see if they wanted to sell. It
was not their initiative;
- when we listed on AIM, Imperial Innovations had a carve out, as part of
the Concert Party, to sell their shares after one year without reference to
our Nomad. This is because they consider that their work is done and ParOS
as a spun out company is now part of their investment portfolio;
- Imperial Innovations is about investing in early stage technology at
Imperial College and they continue to do this. Selling some ParOS shares
enables them to continue this early stage work. From our perspective they
really have don't have anything more to offer ParOS;
- We still have in place an important Pipeline Agreement with Imperial
College which gives ParOS preferential access to relevant technology
developed in the College. This is what is important to ParOS. (In fact many
of the shares that Imperial Innovations hold were given to them in exchange
for this Pipeline Agreement).
- As far as I know Imperial Innovations may continue to sell their holdings
(though never down to 0%) when approached by Market Makers at a good price
for them. They have not lost any confidence in ParOS it is just that they
acquired their shares largely in exchange for services and the Pipeline
Agreement so they can sell today at a profit;
You ask about other organisations taking a significant hold in ParOS. This
is a very difficult question for me to answer as if I let you know anything
before there is a market announcement to all shareholders it would make you
an 'insider' and both of us liable to prosecution should you make use of the
information. However, the Patent enables ParOS to pursue our intellectual
property rights with larger organisations and we expect that this will
result in ever closer ties with the users of our technology.
The CONNECT project is progressing well. We have built a prototype batch
reaction pMPC controller using PSE models. One of our engineers is in
Thessaloniki having detailed discussions with the Greek brick factory
partner about building a controller for their manufacturing process.
As for the Patents we applied in 2002 for European, US and Japanese patents.
The European Patent has now been granted and we are getting it confirmed as
national patents in UK, France, Germany, Greece, Italy and Switzerland. The
US Patent has been through its first stage investigations and we are now
ironing out details expecting it to move on to Grant. Similarly, we have
heard from Japan that they would like clarification of terms before
proceeding on to Grant.
I hope this information helps, all of it is in the public domain of course
if you know where to look. I hope this e-mail provides a useful summary.
Please do continue to keep in touch as it is very encouraging for us to have
such an interested and informed shareholder.
Yours sincerely
Patrick McHugh
trader6
- 25 Nov 2007 18:44
- 35 of 59
Your T10 must be running out early this week active, not a popular chap
are you on advfn, not surprising when you pump up a stock ahead of dumping
in on three different bulletin boards.
Active
- 26 Nov 2007 11:04
- 36 of 59
Some buying has come through. MMs still reluctant to raise the price, maybe not for long!
trader6
- 26 Nov 2007 14:02
- 37 of 59
Plenty of stock available online and with a institution selling up and still
holding 26 million there's no rush to get involved here especially with
such a large spread.
LONDON (Thomson Financial) - ParOS PLC said Imperial Innovations Group PLC
holds 26.78 mln shares or about 5.66 pct of ParOS's issued share capital after
it sold 4.5 mln shares in the company, equivalent to 0.95 pct.
TFN.newsdesk@thomson.com
ssr/slj
COPYRIGHT