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Pursuit Dynamics - A British success story in the making? (PDX)     

Andy - 31 Aug 2003 11:58

Prlhead8.GIF

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.

pdxsonic.JPG

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.

pdx03.JPG

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

chart.asp?symb=uk%3Apdx&compidx=aaaaa%3A



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.

AdieH - 27 Jan 2005 15:27 - 468 of 1003

Article in the guardian saying that PDX may need approval from US regarding selling their wares in the US... Also rumours of directors selling and a funding... DYOR though I picked this snippet up from Ample...

EWRobson - 27 Jan 2005 15:58 - 469 of 1003

Thanks, folk! Closed the CFD position at 194p costing about 2K. You win some and lose some! There's not really a resistance level until 120p, the level in November; only time will tell.

Eric

Dynamite - 27 Jan 2005 16:02 - 470 of 1003

Well Eric I for one would be happy with buying back at 120. That was the last price I bought before the recent rally and selling. This little baby is probably going to go to 3 in 2005 but I see a big retracement first and I am ready and waiting.
Diana

EWRobson - 27 Jan 2005 16:15 - 471 of 1003

Thanks Diana; nice profit to bag still. Just got a bit ahead of itself. Something like a Coca-Cola world wide deal would do no end of good. My broker indicated a volume of institutional selling and that's very much a club that acts together, don't you think. Personally, I would like to understand the deal structuring better which hopefully will come with the results.

Eric

Dynamite - 27 Jan 2005 16:22 - 472 of 1003

That's why SEO is better in a way. But PDX is brilliant too. Have you got some KMR, NOP and OXB too? My portfolio is up 30% in a week.Yay!

EWRobson - 27 Jan 2005 16:53 - 473 of 1003

There you are, Diana, fulfilling your stock-picker role! Haven't got 'em but will take a look. 30% jump on CFP and 100% on SEO because of CFD leverage, so near your figure despite PDX and ASC. You should have been in the ASC Challenge but you are probably too occupied making real money!

Eric

AdieH - 27 Jan 2005 17:19 - 474 of 1003

Got some profits where shall i put em, I think SEO is calling again...

cavman2 - 27 Jan 2005 17:29 - 475 of 1003

Buys outweigh sells.
The reason its all over the place is fatty cawkeswill paid a visit, opened his big mouth down it went and at its lowest ebb bought a load more.
He also phones J H who said he was not prepared to let the price go down, and apparently all this about passing test in USA is rubbish.
Cawkswill the friend of the small investor, hope he can sleep at night.

Dynamite - 27 Jan 2005 17:53 - 476 of 1003

Cavman...Who's Cawkshill? Eric, only noticed your challenge thingy the other day when it was too late, maybe I'll have a go next time.
Diana

legend290782 - 27 Jan 2005 17:57 - 477 of 1003

Yes rumour I heard was the regulatory approval. At the mo happy to be out... may well buy in future.

Did any of you buy DA. (DAT group) as recommended. Well done if you did - they are mcflying at the mo.

cavman2 - 27 Jan 2005 18:23 - 478 of 1003

simon cawkwill aka evil knievel makes money by shorting shares with a band of his cronies, he tried Asos but it eventually went up.
However he did get burnt on Regus(yipee)

cavman2 - 27 Jan 2005 18:26 - 479 of 1003

However when they have gone back up I might sell and put my money into ZOO.

Dynamite - 27 Jan 2005 18:41 - 480 of 1003

Cavman...I have Zoo and have been waiing...do you know anything that is worth mentioning about Zoo and going up?

cavman2 - 27 Jan 2005 19:38 - 481 of 1003

Dynamite,
Have you had a look at the ADVFN BB on ZOO plenty on there about them.
They have won a Business award in the area where they are based(Yorkshire I think) and growing at a fair old rate also outgrowing their Offices.
They are launching a game Alien Hominid for Playstation and Xbox etc, the game has attracted rave reviews.
Watching this one closely.

EWRobson - 27 Jan 2005 20:58 - 482 of 1003

cavman, diana

I think evil knievel got his fingers burnt on ASC as well; like canute trying to hold back the tide of ASOS-lovers! Could we try to spot which of the negative rumours today can only have had a de-ramping source? I think Shares would help to stamp that sort of thing out.

Re ZOO, I have had a trawl through the results and postings and they do look a buy. Have posted on the ZOO site, following Diana.

Eric

maddoctor - 27 Jan 2005 21:07 - 483 of 1003

and what would you do with the rampers Eric?

EWRobson - 27 Jan 2005 21:30 - 484 of 1003

Hello, my old friend of AZM! Its like carnal and venial sins really - derampers are venial whilst rampers are only carnal; its the degree of purgatory which should be suffered! Seriously, these boards can be a huge help if people are giving honest opinions; its the dishonesty for their own ends which we should try, with the help of Shares, to weed out. It also seems to be fair for those who know what is going on to draw it to the attention of other posters.

Eric

mikeran - 27 Jan 2005 21:47 - 485 of 1003

Cawkill? Evil Kinevil and a few of his lurkers ( bear raid), moved into PDX. Put lots of messages on the the other side BB all designed to unerve the small investor. My view is that the Big guys were buying on the drop as there were more buys than sells. MM's loved it as there was a lot of volume.
I believe PDX is still sound and as has been said will be successful during 2005. Results on 7 feb will be as expected, not showing a profit, but hopeful for end of 2005. JH at PDX is rumoured to have indicated that he will bring share price back up.there was some suggestion on other side that new brokers had alledgedly not played expected role. ( careful to note i am not the author of this view)
Could continue to be volatile,( or not) obviously there may be press comment in Friday press, but I believe company is limited on disclosures by closed period prior to results. I still hold, and will be watching carefully. No truth in suggestions about obtainng US FDA approvals, Just more smokescreens to unerve investors.

dclinton - 27 Jan 2005 23:07 - 486 of 1003

Well, I got shaken out. Sold when it pulled back up a little.

See how it goes tomorrow. I still have a lot of faith in the long term but if it does drop further I don't mind getting back in lower down. If it pulls back up then I've missed a few percent but I think there's a lot more upside to be had than that.

cavman2 - 27 Jan 2005 23:51 - 487 of 1003

dclinton,
Fatty evil admitted when they had dropped to their lowest he bought some more.
Said that he made 800,000 mon the way up from his initial purchase then made money on the way down and no doubt will make more money on the way up. Meanwhile anybody with a stop loss of 10% and small investors gets fcuked up.
mikeran,
I bought ASOS at 42p but because of fatty I sold at 60p, if he had not intervened then I would have got 80p odd.
This time I did not get shaken out-stayed in, so 2 fingers to fatty.
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