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.

What does the order translate to in profit terms?
Not worried

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

Hi All
and the SP jump this am is because....?
Ruthie

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

Is Evil covering his short?

It is up up and away

It is looking cheap at 185p now.

Agreed - One of the Directors thought so too and bought 10,000

Up 7% this morning - may be contract news is immenient

Is no one else holding this excellent British company - now up 13%.

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.

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.

surprise surprise....more JAM tomorrow!!!

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!

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)

PDX must be fairly confident of increasing revenue streams quite sharply during the next 12 months, they can't afford to invest 7m every year on R&D and admin costs on a yearly basis without doing so. Either that or they will keep coming back to the market cap in hand.

Nice bounce in PDX today!..I don't feel sorry for those bears!..Very good news coming soon..these shares will shoot up..just watch this space...BUY NOW!!

Down 12% and why ? I`ll tell you. Someone wants a load of these and the MMs are "shaking the trees" very hard. Hold on and watch this space.

Golden opportunity to help myself to some more PDX today!..yes..oakapples142...somebody is trying to get more pdx shares by shaking the tree!..the people who bght on friday last week and pushed up the price by 27.50p are definitely in the know!..time to get in and buy some on the down tick today!...

I forgot to post this which might be of interest to all concerned...
http://uk.reuters.com/article/StockNews/idUKORM83830720071128 ....