I have read:-

"They have an improving revenue stream, have a hold on their cost base and are selling a product that is by all accounts a must for every film \ photo studio.
Results due circa June 16th, recent product rewards in the US and a stability in the share price not seen in ages ( look at the chart )".

Down today 4.85% @1.27p.

Comments Welcome.

seems to be moving up as city equities ofload their stake can also see this holding the price back for some time

just bought 50K shares in REF. They sound a really interesting company and one that will be a target for takeovers in their various groups. Their products are really iinteresting and yet all well connected. Should see some movements i'm sure (hopefully anyway!)

Have been a shareholder and follower of Ref since 1998 and made a very good profit in the boom in 2000.Things starting to look up again with a profit now forcast after several poor years trying to market their interesting products. Focus on the award winning Chromatte looks likely first with the joint launch of a new product with Pixel Farm at NAB 2004 in Vegas,and a growing rumour of a prosumer version for the camcorder user.

begining to move as city equities unload some shares at tasty profit

Reflec has put on 29% to 1.225p over five days. On 4 November 2003 it reported a narrowing of its first-half pretax losses and said it expects to make a 'small profit' in the second half, taking its full year loss to an estimated 130,000. The company expressed confidence in its ability to generate growth

from todays gainers and losers on moneyam 18/2/04

Tightest spread recently for Ref, good buying volumes at sub 0:9 and only a couple of weeks to the NAB2004 where we are going to see the first joint product launch with Pixel Farm promising a radical impact on working with 3D Tracking and Chroma Key within Broadcast and Post Production,all we will require then is positive forward looking results in July?

Reflecmedia will also be releasing(Mattenee)a chroma key plugin for FCP,AER and Premier all a bit technical for me but it sounds OK could team well with the joint Pixel Farm launch at NAB next week?

Joint product now confirmed.
Reflecmedia and Pixel Farm plug in together to provide chroma key in seconds not hours(production technique opened up to users at every level)part of three products on display at NAB2004 today April 19th.

Zepher u are not alone!Roll on a market up -date announcement on our products.This will steady the market and give us a boost.

Profit is the waiting game for this one,and CGT among the rewards?

Is this a dead dog?

Reflec plc

('Reflec' or 'the Company')

Reflec Enters into an Agreement with King Tech Inc of USA and Shanghai

Further to the Chairman's interims statement of November 2004, Reflec has signed
the heads of agreement with King Tech Industry Inc ('King Tech') which will
provide Reflec with a low cost manufacturing base in China and a majority
interest in this company in the USA, a company which sells reflective products.
Reflec will hold a 51 percent interest in the enlarged Reflec USA, and Reflec
USA will acquire King Tech for a 49 percent interest in Reflec USA. Based on the
latest available accounts of both companies, the enlarged Reflec USA currently
has a turnover of approximately 2.2 million. The legal aspects of the
agreements are expected to be completed during March 2005 but trading between
the parties to the agreement has already begun.

The Shanghai King Tech Industry Company Ltd ('Shanghai King Tech') was
established in 2003 by Tom King to manufacture reflective clothing and to
exploit other opportunities as they occur. Under the heads of agreement with
Reflec, King Tech, with its modern facilities, will be the exclusive
manufacturer of reflective materials and products for Reflec. In exchange for
this facility, Reflec will licence its technology to Shanghai King Tech and
transfer some specialised equipment to the Shanghai factory of Shanghai King
Tech. The benefits are that King Tech gains a long term customer, Reflec has
access to low cost production for its reflective products and the two companies
can then seek jointly to exploit further opportunities, especially in China and
other Far East markets.

In addition to the dedicated production facility in Shanghai, King Tech will
develop and provide new clothing designs, enabling Reflec to take new products
to market more rapidly than it can at present. Already this joint approach to
making and marketing reflective clothing has resulted in serious negotiations
with a new client and a significant order is expected soon.

King Tech is based in California from where it distributes and sells reflective
products throughout North America. For financial year 2004, King Tech was
profitable with a turnover of US$1.4 million. Reflec's USA subsidiary, Reflec
USA, will acquire the business and assets of King Tech in return for 49 per cent
of the shares in Reflec USA and it will be responsible for the global sales and
marketing of King Tech's products. By acquiring King Tech Inc, Reflec USA has
re-entered the global market for specified industrial safety clothing, which
will enable it better to exploit the new ANSI 107 2004 regulations in the USA.

Commenting on these agreements, Tom King, President of King Tech, said, 'I have
been involved in the production and selling of reflective materials and clothing
since 1999. Having personally invested in a factory in Shanghai, I am
concentrating on developing it. With Reflec I can now use my modern reflective
production line at maximum efficiency and the economies of scale will be
reflected in the cost to Reflec. This will be enhanced with the technology and
specialised equipment supplied by Reflec. In addition, there is ample synergy
between my reflectives sales business based in California and Reflec USA. I am
confident that we can both exploit further opportunities, especially in China
and the Far East.'

'The signing of these heads of agreement demonstrates the confidence we have in
each other to make these businesses successful.' explained Peter Smith, Chief
Executive of Reflec, adding, 'The low cost production facility will make our
products more price attractive, especially in the USA and Europe and broaden our
range of products. However, the added attraction is the ability of King Tech and
Reflec now have to set up specialised production facilities to meet the needs of
Shanghai's booming industries.'

In addition, Reflec has offered a total of 2.2 million share options exercisable
at 1.25p within the next three years to Tom King and two of his management team.
Tom King will also have a seat on the Board of Reflec USA.

Other Business Opportunities in China
This agreement gives Reflec the opportunity to export its other technologies and
skills to Shanghai. The new business generated, as well as the new business it
introduces, will be split 4:1 in Reflec's favour.

seems to be some life in this dead dog one of my dogs of the oportfolio having paid just short of 2p do city equities still have their big stake that they paid 1p for ??

I think they probably do according to my sources, they still hold for some clients at least. This is the bit that interests me:
"Already this joint approach to
making and marketing reflective clothing has resulted in serious negotiations
with a new client and a significant order is expected soon."

confident enough to buy anymore perhaps I should average down ??

60%+ already might be some hope of getting my money back

The deal looks intresting,opening a new door to the far east markets and a significant order pending. one to watch closely.

I'm with you watching closely as I invested initially when around 6.5p and have been trying to buy and return to breakeven ever since. Bought some at .85p so recent increase and good news/prospects will make the nexts few weeks interesting.

heavy volume yesterday looks like the significant order in the king tech rns is about to happen

High vol again today too

perhaps 2p possible hope so cuz thats what i paid for it perhaps foolishly at the time