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.

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!

You are an absolute idiot nematode - the worst kind of ramper, and you are going to get your ass burnt very soon. You know nothing about this share and you are just trying to make a quick buck like all the other nutters on the advfn bb. The MMs are going to take you to the cleaners on Monday. A mark up early on to suck more buyers in, and then look out, the wheels will come off.

Scottie , without seeing the news thats my best guess too at this point in time.

Scottie - you don't seem to know much more about the company either. It is not about Monday, it is about the next 5 years. I don't care too much what happens Monday, though up would be nice, I don't have a margined trade and am up 200%+ anyway.

The other board contains some very knowledgeable people but they've been swamped by short termers, both long and short unfortunately.

Serious Bones , how many shares do you currently own that were bought more than five years ago ?

Tend to agree with Bones here, its not monday that counts but the price in the longer term say at the year end for starters.

We all know that every tom dick and harry is in this one at the moment and the MMs come monday will be out to exploit this. The last thing they will want on their books is a heavy holding of stock come 4.30pm on monday close.

Therefore I see what used to be called yoyo trading going on throughout the day on monday with the MMs constantly going and putting the onus from buy to sell and vise versa. I think anyone who expects the big increase as per the last contract win is going to be dissapointed.

I would say up most at 10% and down most to above the level of the placing that is about to be announced.

For sure the speculators will be out come monday evening and I then expect a period of consolidation above the placing price say as per figures banded about 110 to 115p and then a gradual breakout and rise with further news in the pipeline throughout the year.

I am sure that come December the stock price will be above the last high and Im a conservative type of investor.

Good luck to all.

cheers GF.

Bones,

A question!

If another contract deal is coming, why are they doing the placing first?
Surely it would be better to deliver the contract news, let the price rise, THEN do the placing?

Normally a price drifts back towards a placing price, which must surely mean we are going to go backwards here then? Maybe a good few will sell to buy back in cheaper later? and who can blame them?

This looks like a trader's dream in the short term, and not why I invested.
I would have preferred a 120p placing price personally.

Scottie and Dil,you have alot to learn about the stockmarket.here is an article from another bb which may help you to understand.

There's much talk of a placing, and much expectation for the need to raise the significant amount of money.
Could it be that the MM's have played the tune for their 'rats' to follow?
It is my opinion that the MM's have meticulously moved the price around during the last few weeks with such precision, one could almost read it like a script.
What is the likelihood that the retracement, which caused the price to fall back to below 1.10, was nothing more than a move to accumulate stock, and in no way connected to a placement?
Since the retrace, as I have already made my opinion known, it would seem that the MM's have kept the price under tight control. They may have allowed it to increase enough to sufficiently regain the investors / traders confidence in the future movements of Bioprogress; although not enough to make it too obvious as to what the near term future holds.
Proof of my thoughts, has been demonstrated this week by many posters who openly expressed their confusion and consequent un-certainty with regard to buying in before yesterday, or waiting until Monday morning, (there being a possibility of another retrace).
My thoughts are that it is possible for Bioprogress to already have 10m for the purpose of an aquisition. There is no public knowledge as to whether any money was paid up-front when the deal with FMC was completed; but it remains a possibility.
Furthermore, it is aslo a possibility, (and in my view a probability), that certain information is circulated with the intention of city folk, posters and journalists spreading the word. For example, if a 'rumour' was to be circulated around the city, BB's and the world of business journalism, with regard to a placement, then it would generate much chatter and inevitably some degree of expectation.
There is a strong belief of many shareholders with regard to the future growth of Bioprogress, (more importantly the share price). Considering this belief and the influence it obviously has on many other investors, then the MM's would need to restrain it temporarily, if they want realise a truly massive reaction on Monday.
Maximum exposure will not only benefit the MM's, but more importantly the publicity of Bioprogress.

My expectations for Monday morning, for what interest it may be to some, is that an extraordinary spectacle will un-fold that will result with the word 'Bioprogress' being heard, read and said everywhere for some time to come.
With regard to prices; well, how long is a piece of string?
I could easily speculate as some have done already, but in truth, regardless of the fact that I have little experience of the stock market, the story of Bioprogress and their future, is not something that many would agree to being comparable to any other business model.
Bioprogress is quite simple unique.
So, as 'Poorold' has mentioned it is more than possible that the opening price could be 2, or greater.
What an impact that would have on the markets!
It would certainly make any price control that was possibly experienced over the last few weeks, worthwhile for the MM's, (and it would explain why the MM's marked the price down on days when the buys outnumbered the sells).

Very much looking forward to Monday...

By the way guys,i was NOT ramping but merely putting through the views of a company that is going places,unfortunately I don't have the powers that the mm's have.We shall see who wins in the end boys but I hope both of you ie Scottie and Dil come back to this thread to apologise and just not disappear into the abyss.

Andy,maybe the urgency required to fund some deals hasten the financing now, rather than later.