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Bioprogress (BPRG)     

scorpion - 13 Aug 2003 13:54

Bioprogress is a stock I have been in and out of quite a few times since it floated in May but not much mention here on the Investors' Room. Does anyone else follow this stock. I see it is up 1.5p today and a few good buyers seem to have appeared.

andysmith - 13 Apr 2005 15:31 - 1893 of 2372

I know nothing Dil other than what has been commented in various RNS's.Read what the Asda bloke said, what Balchin said about opportunities with parent group and recent RNS's. I know as much as anyone else who read these RNS's.
You can have views on shares Dil but you don't have to post negative sentiment all of the time when you are not a holder. There are loads of shares with threads on this site, I clearly don't agree with positive thoughts on many of them but as a non-holder why should I go on there and wind people up.
Sometimes things take a turn for the worse for all of us, unless of course you are perfect? The last thing decent BPRG holders need now is YOU and your cynicism, told you so winding up and foul mouth. Do you have many friends?

Fred1new - 13 Apr 2005 15:35 - 1894 of 2372

Andy I agree with you. I was told off for saying it was to high at 150 and 120, but made a mistake of buying at about 105 and lower. Dented my pride and pocket a little. I still think this company has extremely useful technology and products, which hopefully will be marketed by them as a company. It has cash in hand and there were some institutional buys at much higher share price than now. I think probably it is a good time to have a financial re-appraisal and a board shake up. Hopefully the outcome will be good long-term. I hope it will be short term.) But it does re-emphasise the problems of betting on the smaller companies., but many go through similar traumas, think of RTD, PDX etc.

My guess is that there will be some recovery over the next week in the price once the hysteria and disappointment fades.

PS Forgive Dil he has only a small dictionary and lots of the words have been left out of his edition. 8-)

andysmith - 13 Apr 2005 15:37 - 1895 of 2372

Chiva, agree.
Just thought I'd contribute to BPRG thread and up pops Dil to have a pop.Never mind, main thing is that I wish all BPRG holders well.

Dil - 13 Apr 2005 15:39 - 1896 of 2372

Jacks , it was obvious you had not read the thread otherwise you would not have posted what you did.

andy , do you think that me keeping quiet would have avoided what happened today ?

Obviously not so my negative comments and arguments with the bulls may just have saved a few people a few bob hopefully.

andysmith - 13 Apr 2005 15:49 - 1897 of 2372

Dil, no i don't and as I said I happen to agree with some of your thoughts, it's just the way that you go about putting them and your tone.
Lets leave this alone now for the BPRG holders.

Bones - 13 Apr 2005 15:51 - 1898 of 2372

Andy, I think the point Dil is making is that you clearly do not believe SEO is at its highs yet forgetting that when BPRG was at its highs of 160p, the very same circumstances were in place. A large contract with a multinational, technology not yet rolled out, universal expectations that the price was going to multi-bag having already gone up 200% in the prior 3 months. Total euphoria and no conception that the price reflects that euphoria.

What is the market cap of SEO?

What is the turnover of SEO?

I hold neither share , for the record.

joehargan1 - 13 Apr 2005 15:53 - 1899 of 2372

Bones, could not agree more. We saw where that unfounded euphoria took PET investors not so long ago.

Bones - 13 Apr 2005 15:55 - 1900 of 2372

Market cap SEO = 160m
Turnover SEO = 1m

Projections won't wash either. ASDA will not give money away and it will take a long time roll out. SEO directors are well versed in dressing up their RNS announcements. This is reality.

Dil - 13 Apr 2005 16:05 - 1901 of 2372

andy , the attitude problem is probably down to the way I have been adressed by the majority of bprg holders over the last year.

I apologise.

goldfinger - 13 Apr 2005 16:13 - 1902 of 2372

Well the good news is Evil as closed his short the bad news is he made 150,000 grand profit.

cheers GF.

andysmith - 13 Apr 2005 16:23 - 1903 of 2372

All good reasoned points to throw into the hat.
Different opinions but nothing wrong with that.
I'm a poet and I don't know it!!

Will BPRG recover is the decision holders have to assess now.
If yes, buying will reduce average and time to break-even on total holding.
If no get out, cut losses and look elsewhere. If uncertain??
These times are never easy, we've all had them.

andysmith - 13 Apr 2005 16:35 - 1904 of 2372

No problems with that Dil.
We will all never agree on everything and our investment choices, the one thing we can agree on is that we don't wish to see any investors get a serious burning. We all lose from time to time and to be honest I learnt a lot from mistakes in my first twelve months and feel that I am doing much better and making much better informed decisons helped by these boards.
It doesn't mean I won't get it wrong again though!!!

Fred1new - 13 Apr 2005 17:00 - 1905 of 2372

I have never run out of sins to commit or mistakes to make, and every time I think I have, another sneaks up on me.(BPRG) But still swimming not drowning. But life would be boring without the hangman's laugh.

Bones - 13 Apr 2005 17:22 - 1906 of 2372

....and God bless all those that sail in her!

hlyeo98 - 13 Apr 2005 17:30 - 1907 of 2372

I think BPRG has been oversold today...If it goes up tomorrow, I will sail in it.

goldfinger - 13 Apr 2005 18:02 - 1908 of 2372

Might get shorters buying back now that Evil as closed his. One to watch like an hawk though.

cheers GF.

azhar - 13 Apr 2005 18:06 - 1909 of 2372

Shares in BioProgress crashed 19p to 30.25p after the group issued a grim trading update. The company said that trading levels at its BioTec Films subsidiary in Tampa were not as strong as previously anticipated and were unlikely to reach levels indicated in previous announcements. It also said that the company's consolidated overheads, before any capital expenditure, were also expected to be higher than previously indicated. The company did say that it still believed that, within the company's portfolio, there were technologies which could produce significant value on commercialisation - investors weren't so sure. A thorough strategic and financial review is now to be undertaken. Bear raider Evil Knievil revealed that he had made 150,000 pounds from shorting this stock. To find out his very latest thoughts on where next for Bioprogress and his latest new shorts

Bones - 13 Apr 2005 19:13 - 1910 of 2372

Ugh! Evil Knievel's latest new shorts? I hope he won't show us while wearing them.

Andy - 13 Apr 2005 21:57 - 1911 of 2372

Bones,

hear hear!

driver - 13 Apr 2005 23:09 - 1912 of 2372

I do not hold bprg but I had to see what all the fuss was about isn't this just a minor set back TABWRAP is not operational till 2006, this is a great opportunity to average down.

It is intended that the TABWRAP machine will be fully commissioned, operational and ready to install into one of a number of interested contract pharmaceutical manufacturers during the first quarter of 2006.
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