Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.
  • Page:
  • 1
  • 2

Biotrace, ready to move on and up. (BOI)     

PapalPower - 30 Aug 2005 09:25

Chart.aspx?Provider=EODIntra&Code=boi&Si

Web Site : http://www.biotrace.co.uk/

Company Fact Sheet : http://www.biotrace.co.uk/uploads/documents/135.pdf


http://news.ft.com/cms/s/dd75f814-c0a3-11da-9419-0000779e2340.html

John Lee: A fine month to reel them in By John Lee Published: March 31 2006

""""Finally to Marchs new find industrial microbiology products manufacturer Biotrace International a rare Welsh stock.

I was surprised to discover this solid quality niche business in the attractive growth sector of equipment for the rapid testing of microbial contamination in the food/beverage industry, also operating in the defence field, and planning to expand into pharmaceuticals and personal care products on a prospective price/earnings ratio only just in double figures.

Further research revealed it to be cash generative, with good gross margins, and with substantially recurring revenues. Additionally the recent results statement generated optimism and the tie-up with the large US filtration company Pall Corporation augurs well.

In the past Biotrace clearly traded on a much higher rating but had drifted to what I judged to be an attractive level. Thus I have been recently buying between 87p and 97p in a fairly tight market its market capitalisation is just less than 40m. Despite a lowish yield, this is one to tuck away in my Peps and Isas. """""

Latest Broker Forecasts :

Rowan Dartington 18th Apr 2006 HOLD
2006 Pre Tax Profit 4.4M
2006 EPS 7.27p
2006 Div 1.7p

2007 Pre Tax Profit 4.8M
2007 EPS 7.98p
2007 DIV 1.85p


Teather and Greenwood 4th April 2006 HOLD
2006 Pre Tax Profit 4.5M
2006 EPS 8.1p
2006 Div 1.9p

2007 PTP
2007 EPS
207 DIV


Numis 31st March 2006 BUY
2006 Pre Tax Profit 4.1M
2006 EPS 8.5p
2006 DIV 1.7p

2007 Pre Tax Profit 5.2M
2007 EPS 9.7p
2007 DIV 1.8p

PapalPower - 04 Sep 2005 10:57 - 9 of 37

As I have been mentioning FTO has a high PER but this is ok as PEG is low, if you look at BOI then both PER and PEG are low, so a decent rise on BOI would not put this as overvalued in my opinion as presently it is undervalued.

PapalPower - 06 Sep 2005 17:30 - 10 of 37

Nicely set for tomorrows results with a last little shake, the results should be extremely positive.

PapalPower - 07 Sep 2005 07:10 - 11 of 37

Good news all round and strong going forward.

Biotrace International PLC
07 September 2005

For Immediate Release 7 September 2005



BIOTRACE INTERNATIONAL PLC
('Biotrace', 'the Company' or 'the Group')

INTERIM RESULTS
for the six months ended 30 June 2005

and

ACQUISITION OF LEADING EUROPEAN MICROBIOLOGY GROUP

Biotrace International Plc a leading manufacturer of industrial microbiology and life science products and services, today announces its interim results for the six months ended 30 June 2005. Also today Biotrace announces the acquisition of the MicroSafe Group ('MicroSafe') a leading supplier of microbiology products to food, pharmaceutical and defence sectors based in Italy.

Highlights

Financial

Revenue up 9% to 13.6M (2004: 12.5M)
Pre-tax profit up 43% to 1.4M (2004: 1M)
Operating profits up 58% on corresponding period last year
Gross margins remain robust at 53%
Earnings per share up 40% to 2.40p (2004: 1.72p)
Interim dividend increased to 0.40p (2004: 0.25p)

Operational

Executive management team strengthened with the appointment of a Group
Operations Director
Health Protection Agency award for rapid hygiene kits which, with the
growing incidence of hospital acquired infections, are being used to
assess hospital cleanliness and surgical instrument cleanliness
Purchase of remaining shares in French JV, Biotrace SA
Acquisition of MicroSafe for 2.5M
- Expands pharmaceutical, defence and food customer base
- Anticipated to double revenues from pharmaceutical and
defence sectors by broadening product offering
- Recurring revenue business model - 80% of turnover from
consumable products
- Earnings enhancing in first full year of operations


Commenting, Terry Clements, Non-executive Chairman of Biotrace, said:

'I am pleased to report a substantial improvement in financial performance of
the Group for the first half of the year compared with the corresponding period
last year. The margin improvement seen in the second half of last year has been sustained at 53% whilst revenues continue to grow, benefiting from the
contribution from Tecra, acquired in June last year.

'The Company is making good progress and as announced today with the acquisition of MicroSafe, management is continuing to broaden the business base and build scale in developing a world class sales channel for industrial diagnostics by internal growth and appropriate acquisitions. Whilst our markets remain competitive, the Board is confident that this improvement in financial performance will continue in the second half of the year.'

Further information:

Biotrace International Plc on the day tel: +44 (0) 207 466 5000
Ian Johnson, Chief Executive Officer thereafter tel: +44 (0) 1656 641 492
Peter Morgan, Finance Director

Buchanan Communications tel: +44 (0) 207 466 5000
Tim Anderson/James Strong/Mary Jane Johnson



BIOTRACE INTERNATIONAL PLC
ANNOUNCES INTERIM RESULTS
for the six months ended 30 June 2005

Overview:

There has been a significant improvement in the financial performance of the
Group in the first half of 2005 compared with the corresponding period last
year, with sales up 9% to 13.6M and pre tax profits up 43% to 1.4M. We have
maintained our strong margins at 53% following the improvement seen in the
second half of the last year when margins increased from 48% to 53%. Now with
the integration of Tecra complete and greater operational efficiency we have
seen a 58% improvement in operating profits and net margins up from 7.7% to 10%.

With the acquisition of MicroSafe announced today, we have enhanced our product
line and further expanded our sales resource. This acquisition will expand the
business base and provide the Group with greater scale in the pharmaceutical and
defence markets.

The emphasis on achieving greater scale coupled with continuous improvement in
operational efficiency is beginning to impact positively on the financial
performance. The Company is in a strong position going forward, benefiting from
a high percentage of revenues generated from own brands, recurring sales of
consumables and direct sales.

PapalPower - 07 Sep 2005 07:35 - 12 of 37

Earnings per share for the half year were 2.40p (2004: 1.72p), improving by 40%
period on period. Earnings per share before restructuring costs and
amortisation was 3.01p (2004: 1.78p) up 69%.

The Board has declared an interim dividend of 0.40 pence per share, which will
be paid on 11 October 2005 to shareholders on the register as at 16 September
2005.

PapalPower - 07 Sep 2005 09:15 - 13 of 37

Numis, Nomura, Evolution and Rowan Dartington are all due to give new forecasts (Teather&Greenwood reiterated a buy stance on the 2nd Sept but may also give a new update).

With 5 brokers all due with new forecasts there could be some serious buying later this week and next.

PapalPower - 07 Sep 2005 09:47 - 14 of 37

The Investors Chronicle had BOI as Good Value at 90p earlier in the year, with these good results and outlook and the new addition when they review the results one would hope it will get the full buy rating, will keep an eye out for an IC review which should be soon.

PapalPower - 07 Sep 2005 13:15 - 15 of 37

Numis upgrades target to 122p and says buy.

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=76864&MenuKey=News.Home&NewsPage=4

PapalPower - 06 Jan 2006 10:27 - 16 of 37

The BOI has woken up today :) and what a nice rise it is :)

News coming I think.

PapalPower - 16 Jan 2006 07:15 - 17 of 37

Biotrace International PLC
16 January 2006
For Immediate Release 16 January 2006
BIOTRACE INTERNATIONAL PLC
('Biotrace')

Biotrace signs global agreement with Pall Corporation to market microbiological
air monitoring technology to the pharmaceutical industry

Biotrace International Plc, a leading manufacturer of industrial microbiology
and life science products, announced today that it has entered into an agreement with Pall Corporation ('Pall') (NYSE: PLL) giving Pall exclusive global marketing and distribution rights to the range of Ascotec environmental air monitoring products for the pharmaceutical industry. As part of the worldwide agreement, the two companies will also work together on the development of additional innovative products for the rapid detection of contamination. Microbiological monitoring of manufacturing processes is critical to ensuring compliance with regulatory requirements and product safety.

Biotrace's Ascotec products are used to monitor the quality of the air and
compressed gases in the production environment. They are used wherever clean
rooms are required for manufacturing of pharmaceuticals, personal care products
and cosmetics and in other clinical environments such as hospitals to reliably
capture bacteria in the environment for subsequent monitoring. The agreement
will provide industry with the ability to access the Ascotec air monitoring
technologies to better enable them to achieve the goals of the U.S. FDA Process
Analytical Technology (PAT) initiative. The PAT initiative encourages
manufacturers to adopt new analytical technologies to better control
manufacturing processes and provide greater assurances of product safety.

Ian Johnson, Chief Executive Officer of Biotrace, said:

'This agreement is another important milestone in our strategy to develop a
broad business base in industrial microbiology. Our leading position in
proprietary microbial testing technologies coupled with Pall's strong customer
relationships worldwide in the pharmaceutical industries will greatly enhance
our presence in this attractive market. The combination of Pall's filtration
technologies and know how with our technologies and expertise in rapid
microbiology will create the next generation of fast testing solutions reducing
the 'time to result' and improving production efficiency.'

Ken Frank, Corporate Vice President of Pall and President of the
BioPharmaceuticals Division, said:

'The addition of the Ascotec air sampler to our rapid microbiology platform,
including the PallchekTM monitor, gives customers around the globe access to a
proven technology that meets the most stringent clean room standards. It is an
ideal complement to our capabilities in process and environmental monitoring
technology and aligns with our business strategy to be a total solutions
provider for the biotech and pharmaceutical industry.'

- ENDS -

PapalPower - 21 Jan 2006 01:43 - 18 of 37

Two very interesting articles below that holders and would be holders of BOI should read :

http://tinyurl.com/8dcoz

http://tinyurl.com/8rktn

PapalPower - 24 Jan 2006 07:09 - 19 of 37

Biotrace International PLC
24 January 2006
BIOTRACE INTERNATIONAL PLC
Trading Update

Biotrace International Plc ('Biotrace', 'the Company' or 'the Group'), a leading manufacturer of industrial microbiology and life science products, is pleased to update investors with the following trading statement:

Strong revenue growth was achieved across all divisions in 2005 despite
difficult trading conditions in the food sector. Good progress was made in the
core Industrial business, which benefited from a full year's contribution by
Tecra, acquired in June 2004 and through the acquisition in September 2005 of
MicroSafe. As anticipated, the Defence and Life Science businesses remained at
similar levels to the previous year, before the addition of new business
acquired with MicroSafe.

Biotrace continues to benefit from the high level of repeat consumable revenues
which remained above 90% of Group revenues in 2005. This, together with a
similarly high level of sales generated from own brands and direct selling,
provides the Company with high visibility of future earnings and is a solid
platform for sales growth in 2006.

Ian Johnson, Chief Executive Officer of Biotrace, said:

'I am pleased to report that the Group continued to make good progress in 2005
and is likely to report year end results in line with market expectations.

Biotrace continues to be a profitable, highly cash generative business with
significant growth potential. The recently announced collaboration with Pall
Corporation is a great endorsement of our proprietary technologies and will help expand our business in the attractive pharmaceutical market.

I am optimistic about the Group's prospects and look forward to building on our
achievements in the coming year.'

Biotrace will announce its preliminary results for the year to 31 December 2005
on Wednesday 1 March 2006. There will be a presentation to analysts on the day
at 09.30, held at the offices of Buchanan Communications, 45 Moorfields, London
EC2Y 9AE.

- ENDS -

PapalPower - 03 Mar 2006 06:16 - 20 of 37

New broker forecast.


Numis 1st March 2006 BUY
2006 Pre Tax Profit 3.5M
2006 EPS 8.5p
2006 DIV 1.7

2007 Pre Tax Profit 5.2M
2007 EPS 9.7p
2007 DIV 1.8

PapalPower - 11 Mar 2006 16:25 - 21 of 37

Numis with some upgraded figures.


Numis 8th March 2006 BUY
2006 Pre Tax Profit 4.1M
2006 EPS 8.5p
2006 DIV

2007 Pre Tax Profit 5.3M
2007 EPS 9.8p
2007 DIV

PapalPower - 30 Mar 2006 02:30 - 22 of 37

More new and must-have products released by Biotrace:

http://www.foodproductiondaily-usa.com/news/ng.asp?n=66653-biotrace-bacteria-sample

"Swabs pick up tough bacteria that survive cleaning
By Ahmed ElAmin

28/03/2006 - Biotrace International has released a range of sponges or swabs to help food companies pick up harmful bacteria that have survived the cleaning process.

Bacteria that survive harsh cleaning chemicals can become tougher to clean off processing equipment and later turn up in food products, causing a problem for manufacturers.

Food poisoning outbreaks can lead to a fall in a brand's market share and high costs due to product recalls.

The new sponges and swabs are available either dry or pre-moistened with a variety of broths and buffers to neutralise the effect of cleaning chemicals and maximise the survival of damaged or stressed microorganisms.

The company's HydraSponge and SpongeSicle products use sterile, biocide-free solutions to keep the organisms alive after sample collection.

?HydraSponge is a sponge designed for sampling large surface areas. SpongeSicle has a large sponge head and a blue plastic handle, which allows the user to collect a sample without direct contact with the sponge. It is especially useful for collecting samples from hard-to-reach areas, Biotrace stated.

Both products are supplied in Biotrace?s perforation free? sample bag. The sample bag keeps the sponge or swab sterile until sampling is needed. The dual laminate film used in the construction of the sample bag is puncture resistant.

To increase visibility on the production floor, the sponges are yellow. The tear-away portion of the sample bag and gloves are bright blue. Both products are available with or without gloves.

The Biotrace range of sampling sponges include RediSwab and the Tecra Enviroswab. RediSwab is a nine centimetre long dacron-tipped swab pre-filled with enrichment broth or neutralising solution in various fill volumes.?

The Enviroswab is pre-moistened with a specially formulated transport medium to maximise the survival of damaged or stressed microorganisms. One of the main advantages of the Enviroswab is that both the pre-enrichment and the incubation steps can be performed in a tube, Biotrace stated."

PapalPower - 01 Apr 2006 04:31 - 23 of 37

http://www.foodproductiondaily.com/news/ng.asp?n=66781-biotrace-salmonella-testing

"Salmonella kit delivers results in under a day, company claims
By Ahmed ElAmin

31/03/2006 - A new testing kit for Salmonella promises to deliver results in less than a day.

Salmonella is one of the food industry's most problematic food-poisoning bacteria. In 2004 the most frequently reported zoonotic diseases in humans were salmonellosis and campylobacteriosis, with the most deadly being listerious, according to a European Commission report. Eggs, poultry meat and pork are the major sources of human Salmonella infections.

UK-based Biotrace International claims its Tecra Unique Salmonella test provides a simple and rapid method to detect Salmonella spp. in food and environmental samples in less than 22 hours.

The kit contains all the reagents needed for the testing in ready-to-use, self-contained modules, with the positive and negative controls are built-in. This makes the kit useful for running a single test or for testing multiple samples.

Unlike many other rapid Salmonella tests, Unique Salmonella can be run manually. It can be fully automated using Biotrace's Unique Pplus instrument.

"There is only one simple enrichment step, saving on media and autoclaving costs," Biotrace stated.

The kit can also be used with Biotrace's Quick-Enrich MBPW, a 225mL of sterile modified buffered peptone water pre-dispensed in a stand-up bag. The food sample can be added o the bag, mixed and allowed to incubate.

The Salmonella test is part or Biotrace range of expanding kits. The company has kits for testing for Listeria, Campylobacter and Staphylococcal Enterotoxins.

European consumers have become increasing concerned about food safety, mainly due to the bovine spongiform encephalopathy (BSE) scare in cattle beginning in the late 1980s, a foot and mouth disease outbreak in 2001 and of avian flu in 2003 and this year. Consumer concerns have in turn led to tougher regulatory action and increased surveillance of safety in food processing plants.

There were 192,703 reported cases of salmonellosis and 183,961 of campylobacteriosis cases reported during 2004 in the EU, according to a European Commission report. The incidence of salmonellosis represent 42.2 cases per 100,000 population, which represents an increase of 22 per cent when compared with 2003, indicating the higher levels encountered in the new states."

PapalPower - 01 Apr 2006 04:32 - 24 of 37

http://news.ft.com/cms/s/dd75f814-c0a3-11da-9419-0000779e2340.html

John Lee: A fine month to reel them in By John Lee Published: March 31 2006


""""Finally to Marchs new find industrial microbiology products manufacturer Biotrace International a rare Welsh stock.

I was surprised to discover this solid quality niche business in the attractive growth sector of equipment for the rapid testing of microbial contamination in the food/beverage industry, also operating in the defence field, and planning to expand into pharmaceuticals and personal care products on a prospective price/earnings ratio only just in double figures.

Further research revealed it to be cash generative, with good gross margins, and with substantially recurring revenues. Additionally the recent results statement generated optimism and the tie-up with the large US filtration company Pall Corporation augurs well.

In the past Biotrace clearly traded on a much higher rating but had drifted to what I judged to be an attractive level. Thus I have been recently buying between 87p and 97p in a fairly tight market its market capitalisation is just less than 40m. Despite a lowish yield, this is one to tuck away in my Peps and Isas. """""

PapalPower - 02 Apr 2006 03:04 - 25 of 37

Latest Broker Forecasts :

Teather and Greenwood 28th March 2006 HOLD
2006 Pre Tax Profit 4.5M
2006 EPS 8.1p
2006 Div 1.9p

2007 PTP
2007 EPS
207 DIV


Rowan Dartington 17th Mar 2006 ADD
2006 Pre Tax Profit 4.4M
2006 EPS 7.27p
2006 Div 1.7p

2007 Pre Tax Profit 4.8M
2007 EPS 7.98p
2007 DIV 1.85p


Numis 8th March 2006 BUY
2006 Pre Tax Profit 4.1M
2006 EPS 8.5p
2006 DIV

2007 Pre Tax Profit 5.3M
2007 EPS 9.8p
2007 DIV

PapalPower - 03 Apr 2006 07:44 - 26 of 37

Nice news today :)

PapalPower - 21 Apr 2006 07:07 - 27 of 37

Biotrace International PLC
21 April 2006
BIOTRACE INTERNATIONAL PLC
('Biotrace', 'the Company' or 'the Group')

Sale of Property

Biotrace International Plc, a leading manufacturer of industrial microbiology
products, announces today that its joint venture company, Mansford Biotrace Ltd
has completed the sale of the Biotrace headquarters property for 2.5 million.

The Company announced on 6 April, that contracts had been exchanged for the sale of the property for 2.5 million with completion expected to take place by the end of April. Completion has now taken place and the cash consideration
received. As already stated Biotrace will realise a gain of 0.5 million on the
disposal which together with the release of its original investment in the joint venture will give rise to a cash benefit of 0.6 million for the Group.


- ENDS -

PapalPower - 11 May 2006 08:09 - 28 of 37

RNS Number:7849C Biotrace International PLC
11 May 2006
BIOTRACE INTERNATIONAL PLC
("Biotrace", "the Company" or "the Group")
Company Awarded NATO Defence Contract

Biotrace International Plc, a leading manufacturer of industrial microbiology
products, announces that it has been awarded a contract by the North Atlantic
Treaty Organisation (NATO) Maintenance and Supply Agency ("NAMSA") to supply
three Field laboratories.

Following a competitive tendering process, NAMSA awarded a contract to Biotrace
MicroSafe for the supply of three Nuclear, Biological and Chemical ("NBC") field
laboratories and associated equipment. These will be deployed by the Italian
Army in any contaminated areas for operations in Italy and missions abroad.

The total contract value for the three NBC laboratories is Euro1.74 million (#1.2
million) with delivery in the last quarter of 2006.

Ian Johnson, Chief Executive Officer of Biotrace, said:
"To date our Defence business has represented a modest percentage of Group
revenues and has largely been driven by sales of products to a single customer,
the UK Ministry of Defence. This has resulted in sales being better in some
years than others depending on system usage and world events.

The acquisition of MicroSafe in Italy just over six months ago has broadening
the customer base and expanded Defence revenues substantially. This
significant contract win from a major new customer demonstrates our enhanced
capability to deliver complete solutions for military and homeland defence and
is a great endorsement of our technology and expertise in addressing this
specialist market.

Whilst the Defence business remains difficult to predict, greater opportunities
now exist for growth with this contract adding significantly to revenues in
2006."
  • Page:
  • 1
  • 2
Register now or login to post to this thread.