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Provexis Buy at 3.25p - Target 8p (PXS)     

peeyam - 08 May 2007 11:30

LONDON (AFX) - Provexis PLC said it has entered into a long-term collaboration agreement with Unilever PLC to jointly develop a new concentrated format of its patented Fruitflow heart-health technology for application in Unilever's food product portfolio.

Financial details of the deal were not disclosed.

The partners plan to enter into a global licence arrangement for the technology.

Fruitflow is a patented natural extract from tomato which Provexis said has been shown in human trials to reduce the propensity for aberrant blood clotting that is typically associated with cardiovascular disease and which can lead to heart attack or stroke.

In 2005 the market for heart benefit foods was worth 4 bln usd globally, Provexis added.

Considering the growth potential this share has a target of about 8-10p in the medium tern and is a good buy at current levels

As usual, pls do ur own research.

Troys - 27 Aug 2009 19:49 - 299 of 1204

"A human trial comparing the Fruitflow technology with aspirin, a recognised anti-thrombotic product, is underway in Aberdeen. Aspirin has known deficiencies, such as resistance to its effect in a significant proportion of users and side effects including gastric bleeding. We believe that favourable results in the trial will provide potential commercial opportunities, given an estimated 50 million people in the USA use low-dose aspirin daily. Results of the trial will be announced later in the year."

Troys - 27 Aug 2009 21:14 - 300 of 1204

A great word "transformational"

Balerboy - 27 Aug 2009 21:38 - 301 of 1204

Can I join the club RF, sat the last few days wishing I'd taken more notice of what was going on, dithered at 5p now probably going to have a go tomorrow and down will come the curtain...... but if it's as good as they say, won't be down for long...... I hope.

Balerboy - 27 Aug 2009 21:41 - 302 of 1204

Though.............. i'm dithering again, it's got to fall back soon............. hasn't it?

Balerboy - 27 Aug 2009 21:53 - 303 of 1204

Seems to me looking at the trades board, the mm's are manipulating this share, 6 mil sells after hours but they're all early morning sells not logged till now. Might have made a difference to the sp had they been shown this morning. or am I talking a load of rubbish again??

ptholden - 27 Aug 2009 21:57 - 304 of 1204

Why is it always the MMs manipulating a share?

The MMs report shares in accordance with stock market regulations dependant on the NMS. Nothing untoward, the rules are there to prevent the MMs getting shafted by large orders, whether they be buys or sells.

Anyone investing in the stock market should buy a book and understand exactly what the MMs can and cannot do.

Balerboy - 27 Aug 2009 22:14 - 305 of 1204

ok, I accept that, please explain in words I understand why so many late enteries??

cynic - 27 Aug 2009 22:18 - 306 of 1204

from what i can determine, 12.75 is something of a phony/freak price ...... 11.5 or thereabouts is probably more realistic

Balerboy - 27 Aug 2009 22:56 - 307 of 1204

Hello cynic, dosen't it just piss you off when someone gives you a bollocking, then dosen't explain what youv'e asked!! you in france??

ptholden - 27 Aug 2009 23:01 - 308 of 1204

BB, it wasn't a bollocking, merely a suggestion that a bit more knowledge doesn't go amiss.

I'm not exactly sure which bit you don't understand?

Balerboy - 27 Aug 2009 23:08 - 309 of 1204

6 mill,sells late enteries all sells shown after hours, when they happened first thing this morning. thought that was clear the first time i asked.

ptholden - 27 Aug 2009 23:11 - 310 of 1204

Clearly not
Why do you assume they are sells?

Balerboy - 27 Aug 2009 23:14 - 311 of 1204

ok you win. nite nite

kimoldfield - 27 Aug 2009 23:22 - 312 of 1204

They certainly were not all sells! It is not clear how many were buys however, nor can it be with the system used.

ptholden - 27 Aug 2009 23:50 - 313 of 1204

BB

There are two concepts you need to understand.

1. MMs are allowed to delay the reporting of certain sized trades, dependant on size by stock exchange rules. This is based on the NMS (Normal Market Size). I cannot remember the exact rules but I'm sure they're available on the web somewhere.

2. The trades reported on AM (and other financial websites) are determined as buys or sells dependant on the spread at the time of reporting. For example if a trade goes through at 9.5p and the spread is 8p-10p the AM algorithm will report the trade as a buy. This has nothing to do with the MM, purely the AM software.
If the trade is at 9p with the same spread the trade is reported as 'unknown' because it falls in the middle of the spread.

When you combine these two factors you can see that a large buy which is allowed to be reported late will invariably fall into the sell column. This is why the trades table must be taken with a large pinch of salt (waste of time with SETs stocks). If you are glued to L2 all day you can probably determine what are sells and buys by the reporting time and what happened on L2.

cynic - 28 Aug 2009 07:25 - 314 of 1204

just surfaced, having eaten and drunk far too well last night in Chalon-en-Champagne

Captain PTH (RN not Homeguard!) should be saluted and called "sir" when you address - insolence will see you clapped in irons!

required field - 28 Aug 2009 08:10 - 315 of 1204

Could not bring myself to get in...must be the stock of the year 18p now...unbelievable...

blanche - 28 Aug 2009 08:12 - 316 of 1204

O H M Y G O D !!!!!!!!!!!!!

required field - 28 Aug 2009 08:17 - 317 of 1204

Had the chance to get in at 15.5p....thought that was too high...now 23p or so...

required field - 28 Aug 2009 08:25 - 318 of 1204

It's another stanelco except that this one might be for real....and SEO is going the other way today...weird...bravo to those who spotted this at a few pennies, what a discovery...
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