Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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.

Kivver - 22 Dec 2005 11:56 - 2220 of 2372

Cheers Baza, hope you're right. Hope to get my money back and then some. In for the long term. Keep it up the good work bio, making great progress!

hlyeo98 - 10 Jan 2006 10:53 - 2221 of 2372

Huge selling in BPRG today...is there any bad news?

richstuch - 10 Jan 2006 11:05 - 2222 of 2372

where do you get the information that there is HUGE selling. There are only half a million shares that have been traded so far.

Kivver - 10 Jan 2006 11:16 - 2223 of 2372

Rubbish, no huge selling at all. not even half a million pounds worth traded.

bhunt1910 - 10 Jan 2006 16:07 - 2224 of 2372

Price is driftinng on no news. I suspect a bit of positioning by MM's trying to get stock also.

Baza

LIcom - 10 Jan 2006 19:27 - 2225 of 2372

from lemming investor.com

Buoyancy
the sharp effect on share price of recovery from a
reversible situation from accident, outside events,
or uncovering a rogue executive

Multi-baggers
The 'buoyancy effect' in a recovery is a much stronger upward driver of the
share price than good results in a stable and well managed company where
the visible future is already in the price.

A share price, which has fallen by 95% (it happens) and acquires 'dog status'
as the result of a reversible condition, has the potential of an eighteen
bagger- if and when the original status can be restored. It is rare to see share
price improvement of this size from a profitable and stable company because
future growth is usually closely monitored and already built into the market
price. That is why we are particularly keen at Lemming Investor to find 'dogs'
arising from reversible situations, which good management can restore to their
original level of performance and respect.

It is common knowledge that the market exaggerates the effect of good and
bad news. The 'dog' reputation is difficult to remove. It hangs on much longer
than the actual effect of the original fault or misadventure. So where a 'dog'
company retains high sales momentum, IP, know how, or other intangible or
tangible assets, the share price eventually offers a very cheap way in, long
after most of the downside risk has cleared..

A high level of sales can always be turned into an acceptable profit by cutting
overheads; and large assets can usually be 're-sweated' (to coin a word) to
produce a conventional return. Once the burned down buildings have been
restored, or the crooked FD sacked and replaced, or the price of spiked up
raw materials returns to average, the high sales level or the undamaged asset
can be brought back to normal yields and the share price eventually returns to
the status ante quo. In the process it becomes a multi-bagger.

We have seen this with Ashtead (AHT), and a few years ago at Powerscreen.
In both cases a senior executive had been falsifying the books in a subsidiary
without affecting sales or earning power, and these quickly regenerated profits
after the miscreant was fired.

Emerald Energy, (EEN)recovering from a drilling explosion, is, with oil
reserves relatively unharmed, currently in transition from 'dog' to hero, and
therefore severely under-priced.

BioProgress, (BPRG)damaged superficially by a particular CEO now
replaced, but with IP intact, is in recovery and the share price has doubled in
ten weeks.

An accident like the factory fire at Luton which damaged ASOS, (ASC)or the
spike in world copper prices which has mopped up profits at AFC (the former
Oystertec) until the competition raises prices or the spike subsides, are clearly
reversible And so is the mis-management now cleared up at MinorPlanet
(MPS), where the dog status is still set to linger for a while.

Note that in both cases there is, or previously was, a high sales level. A
professional Marketing Director will know that it costs a few tens of millions in
cash and ten or twenty years to build 100m sales. Find a dog with that level
of production and sales,, and competent management can restore profits to
somewhere between 5 and 20m. That will lead to a market cap of 50
-300m depending on market sector. For AFC (sales 105m) or MPS ( sales
once 100m now 20m - but still the market leader) that means multi-bagging
in each case.

Fred1new - 12 Jan 2006 14:54 - 2226 of 2372

This could be behind some of the SP improvement. Could also give the share a little more upward momentum.

BioProgress PLC
12 January 2006


BioProgress plc ('the Company')

The Company received notification on 11 January 2006 that Fidelity International
Limited ('FIL') and its direct and indirect subsidiaries, including Fidelity
Investment Services Ltd ('FISL'), Fidelity Gestion (FIGEST), Fidelity
Investments Advisory (Korea) Limited (FIA(K)L), Fidelity Investments Management
(Hong Kong) Limited (FIMHK), Fidelity Pension Management ('FPM'), Fidelity
Investments Japan (FIJ) and Fidelity Investments International (FII), investment
managers for various non-US investment companies and institutional clients, are
together interested in a total of 8,365,072 ordinary shares of one pence each in
the Company, representing approximately 5.93 per cent. of the Company's issued
share capital.


This shareholding is registered as follows:

Shares held Management Nominee/Registered Name
Company
3,191,490 FMRCO Mellon Bank
4,376,349 FMRCO Mellon Bank
797,233 FIL Brown Bros Harrimn Ltd Lux
8,365,072 Total holding

This notifiable interest also comprises the notifiable interest of Mr Edward C.
Johnson III, a principal shareholder of Fidelity International Limited, and
interests held on behalf of authorised unit trust schemes in the United Kingdom.



This information is provided by RNS
The company news service from the London Stock Exchange


bhunt1910 - 12 Jan 2006 23:06 - 2227 of 2372

Nice upward movement today - I would expect more tomorrow - purely on momentum if nothing else

bhunt1910 - 13 Jan 2006 08:47 - 2228 of 2372

Now I expected a bit more activity this morning after last nights late rise??

Fred1new - 13 Jan 2006 14:29 - 2229 of 2372

Another institutional buyings. All good for the pot.

BioProgress PLC
13 January 2006

BioProgress plc ('the Company')

The Company received notification on 13 January 2006 that, pursuant to Section
204 of the Companies Act 1985 ('the Act'), Elliott International, L.P. ('Elliot
International') and The Liverpool Limited Partnership ('Liverpool'), and
pursuant to Section 203 of the Act, Liverpool Associates, Limited, Hambledon,
Inc. and Paul E. Singer, are interested in a total of 6,466,178 ordinary shares
of one pence each in the Company, representing approximately 4.58 per cent. of
the Company's issued share capital.

Enquiries:

BioProgress plc

Daniel Farrow, Finance Director Tel: 01354 655674

bhunt1910 - 16 Jan 2006 18:13 - 2230 of 2372

courtreporter - 16 Jan'06 - 17:57 - 57240 of 57240


Court 74 11 until 4

Talks all weekend to reach settlement

Started with further talks in seperate room

No agreement reached

Stanelco appealing patent ownership, breach and prior art evidence application

Mlller went first dealing in the above order in his hesitating style

Discussion around capsule definition, unlikely to include sachets, based upon how formed

Core inventive concept challenged on grounds of how rather than idea of

Judges advocate settlement, mention of several years of litigation

Miller continues Tue

Impossible to call it at this stage

Will post on both threads to assist debate

I hope we settle with Stanelco to avoid this dragging on and on as it is more important to us than it is them in terms of core business.

jimward9 - 19 Jan 2006 13:21 - 2231 of 2372

cannot understand the lack of posts, where is everybody ? (235 posts on advfn today)
last day of cc ?
someone must have something ?

TheMaster - 19 Jan 2006 13:55 - 2232 of 2372

We are all waiting (nervously) for the outcome of the cc, sp raising meantime

blinger - 19 Jan 2006 14:36 - 2233 of 2372

lol
I think you will find most posts are on the SEO thread, the usual BS about how SEO will conquer the world, and the usual outrage If someone says it won`t.The share price reveals the court case progress

TheMaster - 19 Jan 2006 16:35 - 2234 of 2372

All quite on the western front by the close

bhunt1910 - 19 Jan 2006 17:42 - 2235 of 2372

I have been out all day so just catching up - found this account on another thread courtesy of Schull69 - seems to play a straight bat

All:cc.a short post as I have to go out soon so just fact:the Court ended at 3.20 with the judges urging that the talks between the two sides,which were going on all day today we were told,should continue so that they can come to an agreement which is beneficial to both.Jacob said that the three judges will hold off starting coming to judgement until Monday ,but this process will start if they haven't heard up until that time that the two sides have come to an agreement.It was clear that if an agreement isn't arrived at there could be "years of litigation".He made his point strongly and Miller said he would continue to urge this on his clients.I can't recall Baldwin echoing this in as strong terms but he didn't disagree.The judges'recommendation for on-going talks should not be construed as pointing in any way to what their final judgement would be....I've got no idea on that.

I've got no inside track on how things could go so I wont waste your time with my speculations.

jimward9 - 19 Jan 2006 18:35 - 2236 of 2372

copy from another bb
phalarope - 19 Jan'06 - 18:22


Having attended all 4 days of the appeal (which finished this afternoon), I can tell you that the parties are trying very hard to settle out of court. At the end of the trial, the Lord Justices were told that they would hear by Monday if a settlement had been reached, and that if no settlement had been reached by then, then one was unlikely thereafter.
LJ Jacob made it clear that irrespective of the appeal result, many years of difficult litigation and sorting out of the patents lay ahead. Much better to concentrate on commercialisation to the benefit of both parties now, than wait another two years by which time a competitor could have emerged with a rival technology.

I won't comment too much on the appeal itself. Suffice to say that I think entitlement is likely to remain with BPRG with claims 6 and 7 of Patent 1 possibly going to them as well. Patents 2 and 3 could end up in joint ownership instead of solely with SEO as at present. Neither do I think that SEO will succeed in getting the prior art admitted to the case.

However, I beleive there is some chance that the breach of confidence finding in the original trial could be overturned. SEO were strongest on this, and don't forget, the original trial Judge wavered on this himself, before deciding in favour of BPRG.

If there is no settlement, I would have thought a jugdement will follow fairly quickly, say within a month.

Those are my thoughts. I'm no lawyer, so feel free to completely ignore them! But keep an eye open for a settlement RNS next week. I'm pretty confident we'll see one!!

Fred1new - 24 Jan 2006 13:20 - 2237 of 2372

Some body has a little faith in this share.

Holding(s) in Company
The Company received notification on 23 January 2006 that Fidelity Management & Research Company (FMRCO), Fidelity Management Trust Company (FMTC) and Fidelity International Limited (FIL) and its direct and indirect subsidiaries, including Fidelity Investment Services Ltd (FISL), Fidelity Gestion (FIGEST), Fidelity Investments Advisory (Korea) Limited (FIA[K]L), Fidelity Investments Management (Hong Kong) Limited (FIMHK), Fidelity Pension Management (FPM), Fidelity Investments Japan (FIJ) and Fidelity Investments International (FII), investment managers for various non-US investment companies and institutional clients, are together interested in a total of 10,365,072 ordinary shares of one pence each in the Company, representing approximately 7.34 per cent. of the Company's issued share capital.

This shareholding is registered as follows:



Shares held
Management Company
Nominee/Registered Name


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

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

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

9,567,839
FMRCO
Mellon Bank

797,233
FIL
Brown Bros Harrimn Ltd Lux


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

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

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

10,365,072

Total holding


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

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




This notifiable interest also comprises the notifiable interest of Mr Edward C. Johnson III, a principal shareholder of Fidelity International Limited, and interests held on behalf of authorised unit trust schemes in the United Kingdom.



blinger - 24 Jan 2006 13:33 - 2238 of 2372

yep that was an interesting RNS, the next one will confirm the stuffing of SEO?

DSTOREY9916 - 27 Jan 2006 17:17 - 2239 of 2372

Further re acquisition

BioProgress announces completion of acquisition of Dexo SARL

March, Cambridgeshire, 27 January 2006: BioProgress, the speciality pharma and
healthcare company, is pleased to announce that it has completed its
acquisition of Dexo SARL.

Register now or login to post to this thread.