Andy
- 31 Aug 2003 11:58
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.
Jumpin
- 25 Apr 2007 14:26
- 805 of 1003
well we have done the consolidating and now moving higher
Oakapples142
- 25 Apr 2007 15:53
- 806 of 1003
Jumpin - very keen on this one - great British company that IMO will hit the jackpot in time - hopefully initially with Kidde and or the US Forces. The gradual climb is both desirable and interesting - on low volumes and with a fair amount of profit taking.
lanayel
- 26 Apr 2007 11:04
- 807 of 1003
26 April 2007
PURSUIT DYNAMICS PLC
('Pursuit Dynamics' or 'the Company')
Recent rise in share price
The Directors of Pursuit Dynamics note the recent rise in the Company's share
price. They know of no particular reason for the increase but wish to take this
opportunity to state that the Company continues to make very encouraging
progress with the development of applications for its PDX platform technology.
At our AGM, held on March 30 2007, our Chairman stated the Company was
encouraged by the preliminary results from our primary internal R&D programme,
focussed on the application of PDX technology in bio-ethanol production. Since
that time test work results have continued to be very positive. We expect to be
in a position to provide shareholders with a further update on the progress of
this internal R & D programme shortly after completion of the first stage at the
end of April.
lanayel
- 04 May 2007 10:22
- 808 of 1003
The strength of the share price suggests the update from the R & D programme will be rather good.
Should be some news next week.
Ian
lanayel
- 08 May 2007 08:01
- 809 of 1003
PURSUIT DYNAMICS PLC
('Pursuit Dynamics' or 'the Company')
FORMAL LAUNCH OF PDX WORT HEATER AT EUROPEAN BREWING CONVENTION, VENICE
SECOND ORDER FOR NEW SYSTEMS ACHIEVED
Pursuit Dynamics PLC (AIM: PDX) will launch its high performance PDX Wort Heater
at the European Brewing Convention on 6 - 10 May 2007 where, John Heathcote,
Chief Executive Officer, will make the following statement:
'The PDX Wort Heater is a highly efficient energy solution for the brewing
industry; it delivers substantial energy savings of up to 50% at point of use
and provides impressive results during the intensive wort boiling process
without compromising on quality or flavour. The key to the revolutionary device
is the shockwave technology it harnesses, which delivers the high performance
results. Furthermore, it is reliable, has no moving parts, can be cleaned in
place and optimises process operations.
'We are committed to delivering ongoing, innovative energy and cost saving
technologies which enable our customers to remain at the forefront of their
industries. The PDX Wort Heater represents a significant advancement in terms of
energy and process efficiency for all brewing companies regardless of their
size.
'Pursuit Dynamics plc, parent company of Pursuit Processing Equipment, has been
in development with Molson Coors for three years resulting in its purchase of
the first development system from Pursuit Dynamics recently.
'Through its partnership with Coors, Pursuit Processing Equipment has proven
that the PDX Wort Heater delivers large energy savings, enhanced volatile
stripping, and increased process controllability, combined with the additional
benefits of reduced process and cleaning times.'
Commenting on the system, Steve Price, Director of Brewing Technology Molson
Coors Brewing Company, added: 'The PDX Wort Heater is the culmination of three
years of co-operative development with Pursuit. They share our passion for
innovation and excelling in the beer business. This unit provides a creative
solution to maintaining the quality of beer while reducing energy demand which
is good for Coors and good for the environment.'
Shepherd Neame
Pursuit Processing Equipment is also pleased to announce that Shepherd Neame,
Britain's oldest brewer, has placed an order for two PDX Wort Heaters. The first
of these will be installed at its Faversham site during July 2007.
Excellent stuff
Worrier
- 08 May 2007 14:36
- 810 of 1003
What does the order translate to in profit terms?
Not worried
Oakapples142
- 08 May 2007 14:55
- 811 of 1003
Not in PDX interest to answer that one. Current customer might consider hard done by if margins appeared too high, and customers in the wings for this product and others would be in a better position to haggle given such info on only two units. I am happy to not know the answer and am now even more optomistic about the future for reasons I have made over the years
A Ruthies Fund
- 04 Jun 2007 10:27
- 812 of 1003
Hi All
and the SP jump this am is because....?
Ruthie
Oakapples142
- 04 Jun 2007 10:45
- 813 of 1003
Hi Ruthie
That is some question. We may have to await an announcement at the same time as Interims on the 11 June. CEO has recently said he knows of no reason for SP continued increase. Interesting that the spread is less than 1% and that the jump in SP is again with low volumns. I like the look of the BETA being recorded as 3.57 which is extremely high. We must not be tempted to sell even if the SP drops on 11 Jun. Good luck - DYOR as usual
halifax
- 04 Jun 2007 11:00
- 814 of 1003
Is Evil covering his short?
Oakapples142
- 02 Aug 2007 07:45
- 815 of 1003
It is up up and away
hlyeo98
- 17 Aug 2007 15:16
- 816 of 1003
It is looking cheap at 185p now.
Oakapples142
- 20 Aug 2007 16:42
- 817 of 1003
Agreed - One of the Directors thought so too and bought 10,000
Oakapples142
- 02 Oct 2007 11:09
- 818 of 1003
Up 7% this morning - may be contract news is immenient
Oakapples142
- 02 Oct 2007 16:17
- 819 of 1003
Is no one else holding this excellent British company - now up 13%.
Toya
- 02 Oct 2007 18:36
- 820 of 1003
Hi Oakapples - I don't hold any stock currently but have done earlier in the year - sold some time in July. It carried on up afterwards but then I was relieved because it nose-dived... Must have another look and see what's happening now. Have noticed its steep recent climb.
Oakapples142
- 03 Oct 2007 10:35
- 821 of 1003
Hi Toya - I have been in and out of PDX like a yoyo. First bought in at 40p!. It tends to flatter to deceive but has made me good profits. There has been so many `near` contracts - US Navy, Royal Duchy Shell and Kippe to name a few. I still feel the product is brilliant and that the Company will prosper and so will the share holders. Dipped to-day with small holders taking profits but even split on buyers and sellers.
retrospeed
- 27 Nov 2007 09:39
- 822 of 1003
surprise surprise....more JAM tomorrow!!!
blueface
- 29 Nov 2007 19:08
- 823 of 1003
Major deal expected very soon which will kill off the bears of pdx..Also Genkos note out on 26/11/07 reiterating their target price of 544p.."Good progress,Great prospects" they say..recommend BUY @1.97..watch this space!
hlyeo98
- 29 Nov 2007 21:01
- 824 of 1003
It is not due to bears but to increasing operating loss despite increased turnover...
Financial Highlights
Turnover 2007 3.1 million (2006: 1.5 million)
Operating loss 2007 7.0 million (2006 4.3 million)
Net Funds 2007 7.4 million (2006: 4.9 million)