Pursuit Dynamics plc is a UK based research and development company, which was founded in 2000 to develop and commercialise a revolutionary pumping and propulsion technology. Pursuit Dynamics (symbol: PDX) was listed on the Alternative Investment Market of the London Stock Exchange in May 2001.



PDX 25 Sonic.

The PDX Technology is a steam-based system that has applications in both pumping and marine propulsion. It is cheap to manufacture, extremely robust, contains no moving parts and is virtually impossible to block. Pursuit Dynamics owns 100% of the Intellectual Property Rights that surround the PDX Technology.



Pursuit Dynamics is now working towards the commercialisation of the technology it has developed.





Corporate website : http://www.pursuitdynamics.com/


Pursuit are rumoured to be close to closing their first deals, which may be in the food processing industry.

Just who are these people selling - are they trying to spoil Christmas!!

Lol taking profit I guess to pay for their xmas pressies... Must be short of cash, who can blame them if they bought just before the announcement they are up 40% ish, not bad for a couple of months investment... I'm in for more...

AdieH,

Any further contract news, and those that have recently sold may have some cause for regret IMHO.

I am looking to add again in January, and I think my shareclub will certainly be adding in the near future, given the rise since our last meeting!

Interesting article on the beeb website about a newly designed steam car. http://news.bbc.co.uk/1/hi/sci/tech/4076811.stm

The design of the boilers is described here: http://www.steamcar.co.uk/Design/index.htm

Wonder if PDX have considered coupling this up to their pump to solve the problem of steam generation for their ourboard motors?

dclinton,

I believe PDX are aware of the steam car, so I would presume they are aware of the generator design too.

You can always email them just in case!

dclinton,

Another decent rise for PDX today!

Results are due soon, although the date would appear not to be fixed yet, asper my telephone call to PDX this morning.

I don't expect anything but a loss, but hopefully we wil receive some news on possible/imminent new contracts, and what industries they may be in.

Andy
Many thanks for bringing this little gem to my attention. Brought in 2 days ago and now sitting on a small profit. Long may it continue. Shall do some more digging for my own benefit but like what I see.

And up it goes. I've been sitting on these since the middle of last year. Glad my patience and faith in their technology is finally starting to pay off.

Ted1,

Welcome aboard, and another decent rise today, albeit with modest volume, and I'm hoping we continue this steady rise through to results time.

I suggest you go through the company website, there's a whole host of different prospects to read about, PDX really does have so much potential in many varied fields.

The challenge of course is to turn the potential into commercial success, and I believe they will do.


dclinton,

Yes sometimes the best rewards come to those that wait!

Not too sure I want this year to end. I have 17 stocks in portfolio and 16 are blue as I type - with PDX top of the Pops - Happy New Year everyone

Oakapples,

Well done!

To be honest I've been looking forward to 2005 as I think this will be PDX's year.

The Coca Cola deal started this recent uptrend, just imagine what a few sizeable deals will do!

Happy New Year to all PDXers!

Happy New Year to all... Being the cautious individual that i am, i sold out the other day... purely and simply because i have made a fantastic return as I am sure many of you have... and I have another stock to put my money in that should do very well (i hope!!!) ;-)

I am sorry to leave you all but I may buy back if they drop back... but hopefully not for you long term committed guys that have stuck through this thick and thin.

This company is a very good company and the share is potentially moonbound.

Any readers on this bb, don't be put off by me selling - I sold out of asos at 14 and 40p!! and dart group at 1.80!!!

legend,

It's not a profit until it's in the bank, so well done!

They may well retrace, as nothing goes up in a straight line, but not sure how far, because there is potentially lots of news in the pipeline IMHO, and results are just round the corner.

Personally I think that Firemist has the potential of a company maker in it's own right, and it has already been demostrated in a simulated aircraft fire at Cambridge Airport, and performed very well.

As human safety is paramount, PDX have a potential winner on their hands here. I can vouch for the firemist after having been soaked by it in their factory! The main benefit, apart from the excellent fire dousing performance, is the minute amount of water used in order to do it. VERY useful in aircraft, where space and weight are limited, as well as for the local fire brigade, whose tenders could be smaller and lighter, or they could use the existing tenders in fewer numbers!

Then we have the drink processing unit installed at Coca Cola, which COULD be installed at all their 450 sites worldwide if it performs to expectations.

Then we have food processing, which I believe will bear fruit soon, due to the fantastic performance of the unit installed in Nottinghamshire.

I wish you well in your new investment, but if I would still keep an eye open for PDX!

Andy,
Dont forget the launch of the 25 version on 12 Jan. and the official handover to Investec as housebrokers on Jan.14th. still lots of potential.

mikeran,

Totally agree, I feel Q1 2005 will be an exciting time for PDX.

The word seems to be spreading!

here's a snippet from The Telegraph;

"Dealers attempted to guess which stocks would be tipped by the media in the new year. Some speculated that Pursuit Dynamics, a developer of steam-based fluids technology, could benefit from positive press. The shares rose 7 to an all-time high of 227p."

Full article : http://money.telegraph.co.uk/money/main.jhtml?xml=/money/2005/01/01/cxmktrep01.xml

Don't worry Andy, I will be watching this one like a hawk!!!

Have just spoken with PDX Launch of PDX 25 is on 12th Jan. It is a closed launch ie Press/ and Investec will be involved in the launch. Closed means no Public. Results expected early FEb. Date of AGM TBN. all concerned ie Shareholders etc. will find out dates at the same time.

Mike,

Thanks for the update, shame the public aren't being admitted, but I guess the guys with the large cheque books are more imoportant!

Bit of a retarcement last couple of says, maybe MM's trying to shake out a few before the launch?

After all, they MAY announce an order on launch date, that wouldn't surpise me at all.

Sitting tight it was to be expected this retracement, i'm happy to be holding until some real news...

Nice big buy at the end of the day(148K).