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.

GOOD RESULTS SHOULD MOVE UP.

Agree, looks like it has found its feet,everything now in place just needs to consolidate with steady news flow and a few more contracts,got to be a re-rating eventually pe now 22.6 and set to fall further:
Z.

Restructure now completed,new markets opening up following a move into profit and now some director buying (even if small amounts) must add to the brighter outlook for the co. AGM could help the long awaited move in the sp,broker note or further contract news even better.
Z.

MOVING UP ON POSITIVE NEWS I AM STARTING TO MAKE MONEY ON THESE!!

Contract wins confirm this is going north.......!

LOOKS LIKE ANOTHER GOOD DAY MORE GOOD NEWS!!

I'm holding some shares. Just waiting for northward moves. Bought years ago at 35p and stupidly kept them. So you see how long my wait could be. That's PENNY share recommendations from the Penny Share Mag. Wondering if it would be worth buying some at this time and price.

Perseus now has 5 contracts...ADVFN BB

MOVING UP AGAIN STARTING TO LOOK GOOD!!

Sh............ stop shouting cw.

parrisf if you don't mind a suggestion...you should buy some more maybe 20% of what you invested originally...to av.dn.......some say you should "never av.dn" but I cannot understand the reasoninig, since shares move about...wherever you buy that price is the same as someone else's av.dn. There is some logic in that you "should have " sold out...but as you are reluctant to establish a loss (for tax reasons you should!)...you can start again at today's prices. They were never worth 35p - it was all hope and millennium markets. IMHO.

+ Now for the present:
Crikes all sells!(=today) and that's about 800k - sure it's not much as cash, but this share is likley to react to an unbalanced book.

Maybe wait until it settles - I don't hold but know of the co and its video-products, which are Good enough (if you want them), but it's a niche market and the clothing is already well-served by 3M and others too in all probability....it's been about the 1-2p range for so long as I remember.

+ To anyone that follows events closely:
Can you point out the Directors and their recent holdings.....I so hate it when Dirs sell just after I buy a stock. I read about the US sale and think this may have upset the Market by creating a diversion....isn't the US (potentially) a really big customer? Just looks a bit odd, to me.

It`s a dog parris, don`t waste anymore cash on it.

Thanks hangon! Understand the reasoning but have no funds at the moment. I do read this BB but notice very little activity. This firm seems not to want to grow but I'll keep the shares anyway.

Sell of 8,740,000 today at .65p

That is a get out quick call.

This looks like a business that has lost the plot - probably a clash of Dirs who hold enough stock to be a nuisance to any progressive actions. Wait on the sidelines for some positive News, today I see a decent rise on just a few grand's worth - but the US deal (Sept06) looks mighty odd to me.
Still a rise is a rise, but even sub-1p I'm not convinced you'd get yr money back too soon. That puts a "Time-Risk" into the equation which nobody likes.

Staying with yr expensive shares has some logic, parrisf, - at least you won't have dealing charges, but I think you ought to establish a tax-loss, then 30-days later you can start again, if you still have the stomach for Reflex.

Do they have a USP? - clearly not, and the World isn't beating a path to their door, either.

been ticking up last few days perhaps theirs some hope held this one forever ...

been ticking up last few days perhaps theirs some hope held this one forever ...

I had written these off! I actually bought them for a first step investment for my youngest son at 10p---needless to say he thinks investing is for numpties....

REF seems to have made fools of it`s shareholders for many years.

CONSOLIDATION looms - watch it!
This is the last refuge of incompetants - desperate to make something bad look slightly good......well, until the next fall.
What this co. needs is Turnover, new ideas and someone at the helm....just name one major order....no?
Well that must be the problem.
Reflective tape is hardly excitiing and without some development buyers will drift towards the lowest cost...I don't see REF as a World-player - or is this all hapening underneath....?
"Consolidation" is really saying it all - expect a further 5-10% fall as some think they can get-out at a profit...then Nothing. . . . much as at present...
Added, from Co EGM notice...
"...proposed that every 50 existing ordinary shares of 0.1 pence be
consolidated and redesignated as one new ordinary share of 5 pence each. Based
on a mid-market price of 0.75 pence per existing ordinary share as at 27 March
(the latest practicable date before the printing of this document), this implies
a price per new ordinary share of 37.5 pence...."
Shareholders will be pleased to know they can get discounts on some outdoor clothing which incorporates the Co reflective material.....obviously restricts you to rail-worker designs, but might be worth having at the AGM to get you noticed!
[ I am not suggesting REF agm's are crowded - probably quite to opposite.]