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Bioprogress (BPRG)     

scorpion - 13 Aug 2003 13:54

Bioprogress is a stock I have been in and out of quite a few times since it floated in May but not much mention here on the Investors' Room. Does anyone else follow this stock. I see it is up 1.5p today and a few good buyers seem to have appeared.

binman - 09 Feb 2004 13:18 - 76 of 2372

nematode - 09 Feb 2004 18:22 - 77 of 2372

Seem strange that GF disappears when u most need him?????

Janus - 09 Feb 2004 18:43 - 78 of 2372

Exiting times to come on this one methinks 1/3 week timescale IMHO

ssanebs - 10 Feb 2004 15:51 - 79 of 2372

spoke to graham hind who said that the us deal will be announced at the end of the month due to all the legalities of the deal which are vast. The fmc deal was seen as more important to announce first.

goldfinger - 11 Feb 2004 11:53 - 80 of 2372

Dont forget this one, new contract awaits.

GF.

nematode - 11 Feb 2004 20:24 - 81 of 2372

When r we due contract ie the otc deal gf???

goldfinger - 11 Feb 2004 20:59 - 82 of 2372

nematode how do I contact you on this site?. No e-mail or private message facility.?. sorry a bit lost here. Can you please advice?.

cheers GF.

Janus - 12 Feb 2004 07:47 - 83 of 2372

Taken from another board re shares mag write up

New deal sweetens the pill for Bioprogress

Further deals are in the offing at Bioprogress (AIM:BPRG) after it signed a major agreement for its film encapsulation technology NROBE.

Shares in the company rocketed 36% to 106p after management announced a licensing deal worth $160 million with US company FMCCorporation.

Bioprogress designs biodegradable encapsulation systems for pharmaceutical tablets. Its technology replaces beef-derived gelatin encapsulation, which experts fear could carry CJD.

The film could help pharmaceutical companies facing generic competition launch new versions of existing products.

Chemical company FMC has secured an exclusive global licence for Bioprogresss NROBE dosage technology and is responsible for commercialising it. FMC must buy a minimum number of Bioprogresss encapsulation machines over the first six years and at least 50% of its film requirement over the next three years.

This is a terrific deal for us and has a big impact on what were doing, says chief executive Graham Hind. As a small company we need to have a partner that has worked with pharmaceutical companies for a long time. FMC is not interested in anything that isnt going to make billions. Its set up a separate division just for this.

Hind claims that there are more deals on the way and is considering hitting the acquisition trail.

People should understand this is one of several more deals coming down the pipeline, says Hind. Its not just a flash in the pan. Plus we have a liquid stock and this gives me the opportunity of considering acquisitions.

Speculative buy.

goldfinger - 12 Feb 2004 09:37 - 84 of 2372

Excelent post Janus.

cheers Gf.

nematode - 12 Feb 2004 12:01 - 85 of 2372

gf if you click on nematode then you can send a message on.

moneyplus - 12 Feb 2004 14:30 - 86 of 2372

G F would you still buy or wait for the shares to drop back on profit taking?

goldfinger - 12 Feb 2004 16:37 - 87 of 2372

Moneyplus, fall back?, thats what I was waiting for when wanting to add but they just kept on going up.

cheers GF.

nematode - 12 Feb 2004 18:08 - 88 of 2372

GF,you're a genius for pointing us to this share on your list.I owe you a drink!!!Recieved and reply sent.

goldfinger - 12 Feb 2004 23:28 - 89 of 2372

Cheers no problem.

GF.

goldfinger - 13 Feb 2004 10:37 - 90 of 2372

BLOIS, your private message function is switched off, so I cannot reply.

cheers GF.

jfletendre - 13 Feb 2004 11:46 - 91 of 2372

GF?
Do you think that the imminent good news is already price in now ie bid 122, offer 126?
thanks
Anna

blois - 13 Feb 2004 11:54 - 92 of 2372

GF - Should be OK now. Thanks.

Seymour Clearly - 13 Feb 2004 12:24 - 93 of 2372

Anna, that's for you to decide! However, I personally doubt it will fall below 120p now, but that's easy for me to say as I'm heavily into these from 50, 65, 71 and 99.5p!!!

It depends on your timeframe. If you're looking for a quick profit, inevitably there is always a fallback sometime to provide a buying opp, but whether it will be from here or higher up I can't say.

If you're looking long term then yes, I would buy more now.

binman - 13 Feb 2004 12:34 - 94 of 2372

Wait till the next an
ounncment,then watch the share price go!

Seymour Clearly - 13 Feb 2004 13:00 - 95 of 2372

up.
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