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.

Thanks for welcome. Bought 1800 on my wife's account which I treat as longer term; Andy obviously shrewd so content to be in line. Management are playing their hand well: focusing on selected markets but entering trials in others; refusing the exclusivity deals; going for repeat revenue rather than outright sales (a mistake initially made by CYH, for instance); opening out the US market through distributorship. The slow start to sales could be a good thing because it is far better to have teething trouble worked out in the trials context where the client expects mods to be made to the equipment to optimise performance. It also seems that, once the orders really start, they could come in a flow. For those without an economics background, the economos S curve is very relevant: a relatively low sales gradient as the various industry leaders buy in to be ahead of the game; then a bend to a steeper gradient as the mass market sales arrive. Walk before you run is the idea. A new analyst on board is likely to bring updated projections.

Eric

Can't wait for news on the firemist side, I still think that has huge potential, imagine if they get a developement on bush fire control, the market is huge...

Eric,

Not so sure about me being "shrewd", but I'm certainly trying to be!
This is just my honest opinion, nothing more.

PDX price now 6.5p up today, despite the early sell volume.

Pursuit updates PDX food processing technology.
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17/01/2005 - Pursuit Dynamics has launched PDX Sonic 25 – a self contained, fully integrated processing system that has the potential to reduce cooking times by up to 95 per cent and reduce cleaning times by 80 per cent.

The company claims that the new system, which combines a 500-litre vessel, in-feed entrainment hoppers and a programmable electronic control system, therefore has the potential to significantly cut costs and boost efficiency in liquid food production.

Indeed, the technology has been specifically developed to address the key processing concerns of food plant managers.

The PDX Sonic 25 replaces conventional multi-stage food production processes with a compact, self-contained production system that has a footprint of just 3.6m x 2.2m x 2.0m. The fully automated batch processing system can mix, pump, homogenise and cook ingredients simultaneously, with the patented shockwave technology delivering unrivalled rates of heating.

The company also claims that the new technology is reliable, safe and can be easily installed in both in-line and batch processes. Pursuit Dynamics says that the process will not damage even the most delicate particulates and, unlike conventional methods of steam injection with high thermal gradients, thermal shock is reduced and cook-on eliminated. As a result, food quality is maintained whilst cleaning times are reduced.

CIP time is further reduced since there are no moving parts in the PDX processor – a factor which also reduces maintenance, downtime and through life costs.

Along with increasing production efficiency, the technology can also help manufacturers reduce waste and conserve energy. This is an important consideration, given the forthcoming introduction of stringent environmental legislation.

The IPPC (Integrated Pollution Prevention and Control) regulations for example have wide-ranging energy-efficiency implications for food plants. The food industry is one of the largest consumers of energy, and energy conservation is becoming a key concern of food manufacturers.

Steam supply is via a 1” BSPP connection, with the process typically consuming 3.0kg/min of steam flow at a nominal 6.0 barG delivery pressure. The supersonic technology delivers phenomenal rates of heating – for example raising the temperature of 500 litres of water from 15C to 85C in just 16 minutes at an industry standard steam cost of 52 pence – so reducing overall processing times and reducing energy requirements.

Water supply is via 1” BSPP coupling, and nominal flow is 14,000 litres per hour.

The company says that the PDX Sonic 25 is constructed to the most demanding industry standards. All components in contact with the process flow are made from AISI 316 stainless steel, whilst all other components are made from AISI 303/304 as a minimum.

Fluid inlet and outlet connections are via 1.5in TRI-Clamp union fittings as standard, SMS, RJT or flange type inlet and outlet connections as options.

UK-based Pursuit Dynamics has developed the PDX technology over the past four years at a cost in excess of 6.5 million. The company owns 100 per cent of the intellectual property rights of the PDX technology.


http://foodproductiondaily.com/news/ng.asp?id=57356&n=dh17&c=zejrtpbexjjtzcl

Morgan Stanley now havea notifiable stake.
--------------------------------------------------

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Pursuit Dynamics plc

2. Name of shareholder having a major interest

Morgan Stanley

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

Shareholder named in 2

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Morgan Stanley Securities Limited

5. Number of shares / amount of stock acquired

-

6. Percentage of issued class

-

7. Number of shares / amount of stock disposed

-

8. Percentage of issued class

-

9. Class of security

Ordinary shares of 1p each

10. Date of transaction

-

11. Date company informed

17 January 2005

12. Total holding following this notification

1,369,000

13. Total percentage holding of issued class following this notification

3.02%

14. Any additional information

-

15. Name of contact and telephone number for queries
Gary Pyle - Finance Director +44 (0) 1763 250592

16. Name and signature of authorised company official responsible for making
this notification

Gary Pyle - Finance Director
Date of notification
18 January 2005

Now watch people pour in!

Lol price down 6p this am now rising, I like this share.

Anyone for more coca cola?? ;-)

I have no doubt that more contracts will be signed... although I am not a holder, I will watch this company's every move. It will be an exciting ride thats for sure.

yes it does look impressive!

i see we have nearly retraced this mornings fall now, have just seen the above post, and yes it looks like good news when the majors are buying i think.

Another good day for PDX, and some decent sized buys too!

Maybe PDX is finally being noticed by the institutions?

Certainly some of today's buys were larger than normal, so maybe deeper pockets are buying in?

Once the market cap exceeds 100 million, it will come to the attention of those institutions that only deal with the larger market cap companies.

Contemplating a top up.

well surprised nobody has posted on PDX for a couple of days, has anyone seen the price???

i topped up today...

Nice to see another new high today.

dclinton,

Agreed, hoping for another rise on Monday to avoid a "double top"!

MACD is looking positive, and AGM is nearing, so always the prospect of some news.

Well done to all holders... chances of very good things... Perhaps some of you guys should enter the asc portfolio challenge no 2. See the asc thread for details.

The legend doesn't like to boast, but he won the last one!!!! LOL

E W Robson is setting it up. Join in it will be fun.

Dynamite: Have you seen the da. price??!! It is mcflying. Contract win yesterday and supposedly more to come. It ended 192-6 (i think!!)

Telegraph.co.uk - London,England,UK
... Pursuit Dynamics improved 6 to an all-time high of 230p as dealers speculated the group could sign a worldwide deal with Coca-Cola for its steam-based fluids ...
I have not got the full copy, but it is from sat. Telegraph. 22 jan

Mike,

You have the complete text there, it can be found near the bottom of the column here;

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2005/01/22/cxmktrep22.xml


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Pursuit Dynamics improved 6 to an all-time high of 230p as dealers speculated the group could sign a worldwide deal with Coca-Cola for its steam-based fluids handling technology. In November, the group signed a licensing deal with Coke's UK subsidiary.
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Well my take on that is that I would have expected more volume had there been some substance to this rumour.

On the otherhand, if there IS some substance, we should see an increased volume next week. Time will tell.

Well not much volume this morning, and the initial markup has gone, so time will tell if that was simply a market rumour, or not.

No smoke without fire! Steam supplied by PDX! Nice CFD added today - I said 60,000 but had added a nought: had been trading SEO (sorry, I've mentioned that naughty word again!) and got used to lots of noughts; still 6000 is a start. Role on coca-cola, I say, or should I add some more first?.

Eric

I believe this is the end of the bear run. All indicators going positive, top up time methinks.

Ted1.. I don't know what charts you are looking at but mine are going down. I am looking for a retracement to 180 to buy back in again. The FY results are due soon and are likely to be bad. I am hoping to get that out of the way before any deal is announced so I can be back in.


Good Luck.
Diana