Background on Proventec

Following the acquisition of InnoCleaning Magma Holdings B.V. ("IMH") and
OspreyDeepClean Limited ("Osprey") from InnoConcepts N.V., the enlarged group
renamed Proventec Plc, which includes the former portfolio of Flintstone
Technologies Plc, will focus on providing innovative hygienic solutions,
environmentally friendly flame retardant products and a variety of industrial
coatings that are designed to enable customers to save costs and improve hygiene
and safety conditions.





The new Company is now comprised of the following components:

InnoCleaning
OspreyDeepClean
Magma
Biocote Limited (Proventec holds a 31.5 per cent)
Firestop Chemicals Limited (Proventec owns 42.2 per cent. of Firestop + 150K Loan notes)
Hardide Plc (Proventec currently owns 31.45 per cent)
Intellikraft Limited (Proventec holds a 9.7 per cent. Stake)
Keronite Limited (Proventec now owns 12.57 per cent. of Keronite.)
Ultra Motor Company Limited (Proventec now owns 44.6 per cent. of Ultra Motor)

Info here

http://www.companyannouncements.net/cgi-bin/articles/200508250800054647Q.html


http://www.proventecplc.com/index.html
http://www.biocote.com/
http://firestop.uk.com/
http://www.keronite.com/
http://www.ultramotors.co.uk/
http://www.hardide.com/
http://www.oxisenergy.com/
http://www.ospreydc.com/
http://www.magma.nl/


Recent 14p placing was for a reason soon to become clear, 14p level soon to be a bargain of the past !!

http://www.companyannouncements.net/cgi-bin/articles/200509271230018146R.html




RNS Number:4059T
Proventec PLC
01 November 2005

Interim Results - Monday 14 November 2005

Proventec Plc (AIM:PROV.L), a provider of specialist steam cleaning and coatings
technologies, today advises that it will be announcing its Interim Results for
the six months ended 30 September 2005 on Monday 14 November 2005.

From the final results 25/JUL has motor sales started ???

Ultra Motor Company Limited has also received further funding during the year;
Flintstone supported Ultra Motor by converting part of its outstanding debt owed
by the company into additional equity in March 2005. The balance of the debt
has now been converted into equity. At the date of this report the Company
retains a 44.6 per cent. holding in Ultra Motor. The company has recently
appointed a new Chief Executive who has previous experience of preparing a
company for a successful market listing and already the company is benefiting
from his approach to the management and engineering issues facing the company.

The company remains on target to have its first hub motor in production and on
sale before the end of this year.

MRSA scares this year should have boosted Osprey sales into decent profits for Proventec and could be a record sales year for them

http://www.ospreydc.com/news.asp?id=54

http://www.ospreydc.com/OspreyFiles/InfectionControl.pdf

http://www.ospreydc.com/MediaFiles/Osprey%20Healthcare1.pdf

moving up again imho there is a large buy order to be filled and it was part filled yesterday and now they want to ease some sellers out as the price nears a resistance level, get enough sells and fill the order and this should move up quick some time before finish on the 11TH, not enough sells and it should move up even quicker imho !!!

the dogsbody it finished strong with a 25K protected trade at full offer this means someone wanted more than 25K but could only have 25K at 9.75 and if they wanted more they had to pay 10p so they protected 25K at 9.75 and tried to fill with any sells but it was all buys today.

expect it to move up again tomorrow imho


the dogsbody - 1 Nov'05 - 14:37

re your post - online bid now 9.5p, so over screen price. Plus online sell limit now up to 112.5K from 25K.

http://www.magma.nl/

Magma International

Safe for the environment, lethal for fire

Specialist in fire retardants

Magma International has developed a unique flame retardant that meets all the latest fire and environmental standards in a wide range of application areas.

Our business

Magma International B.V. is based in the Netherlands where it specialises in developing and marketing a wide range of flame retardants under the "Magma Firestop" brandname.
Products made from wood, paper, cardboard, textiles, thatch and plastics can be treated with flame retardants, either during the manufacturing processes or on a retrospective basis.

An increasing need for fire safety

FireEvery year an unacceptable number of homes and businesses are either damaged or totally destroyed by fire resulting in many people being injured or killed.
The authorities are raising standards, introducing new legislation and improving law enforcement in the field of fire safety.
Prevention of fires has become a priority area for both industry and consumers all over the world.

Magma's ambitions

Magma is dedicated to creating a safer and cleaner environment.
Magma works closely with its clients in an ongoing search for solutions to particular problems and advanced methods of application.
A team of highly qualified professionals has developed vast experience in the tailor-made application of fire retardants.
Backed by outstanding laboratory facilities, they can respond quickly and flexibly to customers' needs.

Applications of fire retardants

MatchTypical application areas of Magma Firestop fire retardants are the textile, paper, cardboard, building, shipping, hotel and (interior) decoration industry.
In all of these industries a wide range of natural and synthetic materials are being used which lend themselves to be treated with Magma Firestop fire retardants, such as curtains, carpets, writing paper, timber, insulation, packaging material and decorations.

moved up at 9.30 so should be a large buy reported at 10.30 as it will be delayed 1 hour
another strong day ahead imho and a strong run into the early (good news imo) reported interims on the 14TH/NOV, the big MM buys on Monday was the give away that good things were happening

100K buy at 9.75 has gone through delayed reported as i said earlier will we have the mid price over 10 today..................

strong and imho the biggest rise is still to come...........it looks to me like some big buy orders need filling before the 11TH/NOV and the MM's are hunting for sellers and do not want too many buyers

good find on AFN it looks Keronite is getting floated in 2006 confirmed !! about March time 2006.

check out CDN today it looks like a flyer for Nov.............

Nice results - However RNS did not appear on my watch list and there has been no trading in first 90 minutes this morning. Any views Jess ?