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Provexis Buy at 3.25p - Target 8p (PXS)     

peeyam - 08 May 2007 11:30

LONDON (AFX) - Provexis PLC said it has entered into a long-term collaboration agreement with Unilever PLC to jointly develop a new concentrated format of its patented Fruitflow heart-health technology for application in Unilever's food product portfolio.

Financial details of the deal were not disclosed.

The partners plan to enter into a global licence arrangement for the technology.

Fruitflow is a patented natural extract from tomato which Provexis said has been shown in human trials to reduce the propensity for aberrant blood clotting that is typically associated with cardiovascular disease and which can lead to heart attack or stroke.

In 2005 the market for heart benefit foods was worth 4 bln usd globally, Provexis added.

Considering the growth potential this share has a target of about 8-10p in the medium tern and is a good buy at current levels

As usual, pls do ur own research.

Balerboy - 24 Sep 2009 08:37 - 669 of 1204

I was soooo tempted to buy more this morning at 7.5p.... but didn't just in case... ah well. It may well retract by end of day and settle down.

cynic - 24 Sep 2009 08:40 - 670 of 1204

BB .... no i didn't and it was a loss that actually did no great harm ..... it was just singularly stupid of me not to bank at least partial profits along the way as i strongly recommended everyone else to do ..... generally this year i have been pretty disciplined at doing that

Balerboy - 24 Sep 2009 08:46 - 671 of 1204

What is it you say...... a profit is a profit so...... thats a loss in my book........ black mark. lol

required field - 24 Sep 2009 08:47 - 672 of 1204

Up and down like a yoyo....if this carries on I will have to have another punt...but I shall have to time it right...

cynic - 24 Sep 2009 08:51 - 673 of 1204

spot on BB, and deserving of a good spanking too for pure stupidity and greed!

Global Nomad - 24 Sep 2009 08:52 - 674 of 1204

9.1m buys to 6.3m sells
presumably there is some sentiment that the 7.5 to 9p range this was hovering around last week before this recent rise/fall was the correct place for the sp.

can see another mixed up day coming...any further rises may see a lot of people bailing out if they didn't last time for fear of falling into a loss again. cynic I suggest you try and hold on to your remaining shares until some real news about agreements is issued

cynic - 24 Sep 2009 09:02 - 675 of 1204

that was the general idea m8 ..... as i said above, allowed myself to become indisciplined through pure greed

tabasco - 24 Sep 2009 09:02 - 676 of 1204

Cynicdont beat yourself upyou are 100% honestworth a lot these daysand one of a few I take note of

cynic - 24 Sep 2009 09:06 - 677 of 1204

thanks for the compliment Tabby .... just cross with myself rather than suffering

required field - 24 Sep 2009 09:07 - 678 of 1204

I fear that the sp will trickle down during the day and the initial move up will stop....too late for me to get in...

kimoldfield - 24 Sep 2009 09:25 - 679 of 1204

You are not alone cynic! I hesitated for a second over the sell button, that was long enough for the sp to slump way below my "shall I shan't I?" threshold. Sold a few, at a loss, to cover another trade which could have waited until today when I would have sold at a profit! Still, although I watched a stonking profit on the rest of my holding, now only 65k, dribble away, I am surprisingly very happy to hold. I like Sirco, I like the possible "transformational" deals that could come from Fruitflow. Let's just hope that PXS can be good enough themselves to make the right contacts. At least, as far as I am aware, Coca Cola are still interested.

cynic - 24 Sep 2009 09:33 - 680 of 1204

better than SEO m8 ..... what a cruel chap i am!

kimoldfield - 24 Sep 2009 09:45 - 681 of 1204

Can't argue with that cynic! Having said that I believe SEO will be around for a long time now they have got back to the basics that they are good at. I doubt they will ever again get over-excited about a new product without fully testing it and comparing it with others. But then again, never say never! :o)

required field - 24 Sep 2009 10:13 - 682 of 1204

I've missed my chance on this today...there must be people out there that have made a packet on these ups and downs...

cynic - 24 Sep 2009 11:16 - 683 of 1204

relative calm, though still an awful lot of traffic ...... about 3m being bid against 1.8m offered ..... quite a lot being offered at 10p

Global Nomad - 24 Sep 2009 16:34 - 684 of 1204

so there we have it - a sensible calm 10% rise and 30m buys to 21m sells.

Balerboy - 24 Sep 2009 16:58 - 685 of 1204

Wonderful....:))

cynic - 24 Sep 2009 17:03 - 686 of 1204

looks quite solid around this level, though there were certainly a lot on offer at 10.00 ..... tomorrow being friday may bring more selling, or conversely strength if there is much of a build up in shorts (or even g-strings)

Balerboy - 24 Sep 2009 17:06 - 687 of 1204

OH YES!!

Global Nomad - 24 Sep 2009 17:23 - 688 of 1204

a build up in g-strings....the mind boggles
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