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.

Still holding up well nems. Looks like the day traders have more pressing things over on the retail decisions thread. Bt the way that one will become a buy after the sell off probably in a day or twos time.

cheers GF.

Will these be sold off too on results day GF ?

There is still too much "hot" money in these to consider them as a long term investment at this time imo.

Maybe when they settle down in a week or so , who knows ?

I saw a post on another bulletin board by a bloke who should remain nameless, he expected the results to be flat, but that didn't matter in his opinion! I'm going now before nematode tells me to p*** off again.

I Dil Scottie, who knows lets face it the stock market ceases to amaze me. Im sure seasoned pros like you have a valid point, which I dont subscribe to.

Just hoping when I cash in my chips I have 850,000 capital, working on my holding and that only includes a 10% projected rise on any news.

But like I have said before if things go pear shaped no problems, I conceed that they can, but so what, just look at those poor devils in Iraq yesterday, there are far more important things in life.

Just going to put on my kalma music and kneel on my cushion.

Oh its a wonderfull world.

cheers GF.

i agree with you gf. i bought into this stock recently and have been tearing my hair out wishing i had bought sooner . but after yesterdays events............ puts it into perspective

Heard rumours that the placing will take place Monday at between 1.15 to 1.20 which is a good price

janus rumours where from,be a bit more specific.What chance for some contract news tomorrow morning!!!!!Anybody any ideas??Just asking the question not making a statement before people get on my backs!!!!

Todays papers

Timesonline
BioProgress, the technology licensing vehicle that raised 6.6 million at 50p in December, gave up 2p at 137p on suggestions that Mondays full-year figures will be accompanied by both a contract win and a further fundraising

Independent
Meanwhile, market professionals talked of a fund raising at Bioprogress, 2.5p lower at 137.5p. According to dealing room gossip, the group is putting the finishing touches to a placing of new stock at 100p, which could be announced as early as next week.

Telegraph
Another feature yesterday was biopharmaceutical company Bioprogress, 2.5 lower at 137.5p. Market chatter said the group, which has a market capitalisation of 143m, will unveil plans for a fund-raising alongside its full-year results on Monday. It is thought house broker Collins Stewart will be involved in the placing of 10m worth of stock to fund an acquisition.

Looking forward to a nice day tomorrow!!!!

mm's have been beaten and tomorrow they won't be able to get any cheap shares as people look forward to the results.

the placing was at 100p. as i was offered some and obviously said yes thanks. the important thing is the the size of the us deal, the results will be irrelevant. but if they are building a film factory in the us, the partner must be a big player in the us.

I got some shares in BPRG, how can I get them at the placing price of 100p? Or why haven't I been contacted by my broker?
I'm still new to this game.

taksum88,

I doubt if you can unless you have a decent broker.
If you have, ring him!

Sadly you will have to join the rest of us on the sidelines!

If another deal is announced, it will probably cushion the blow of a placing at such a discount, at least I hope it will!

What will everybody do if there is no significant news on Monday apart from a very upbeat statement ?

From ADVFN

Reminder;

***Tuesday 9th March, 11am***

Mr. Graham Hind, CEO of Bioprogress plc (BPRG) will be joining us in the ADVFN Chat room for an live interview Log in on Tuesday 9th March at 11am for your opportunity to ask him questions directly.

***Tuesday 9th March, 11am***

You will be popular, Janus, advertising that!!!!

Bones,lol I will remove it if requested but I think this site is a little more mature in its views than the ADVFN site and it is not really an advert for them but is relevent to BPRG.
Cheers

Janus - as for the question about what BPRG might announce, I think too many people have got a fixation about "when" rather than "what". The OTC deal is coming and nothing I've seen or heard has said otherwise. It would of course be ideal to get it with the results on Monday but it isn't crucial. All that anxiety over the road just plays into the shorters' hands.

The OTC deal allows for the building of a US film plant already so this runoured placing must be for some other important development; maybe an acquisition.

To be honest a very quiet day apart from the burst at the end.Monday here we come.

nematode it's about time you got your feet back on the ground - look back at some of your previous posts on this thread and just hope that anyone reading them didn't get sucked into buying.

Here mate...we shall see...no go away and hibernate you good for nothing cretin!