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.

THE COUNT--->ALL

I posted this over on the 'dark side' a short while ago. It's a pretty universal message so I thought I'd reproduce it here as well.

Regards,

THE COUNT!


The Count - 19 Feb'04 - 21:26 - 16023 of 16031 edit


THE COUNT----->ALL, especially NICK2412, THE PROPHET, I_AM_A_WALRUS, POOROLD , TRIKON60DOLLARS, ZHO, BANSHEE, DENRUM, ROB MOLLOY, BIG T20, LAQUOQUILLE.


First of all, for those who don't like my long posts, I think you should skip this one, but I hope some readers find it of interest, and maybe a little educational.

Well, what a day....what a GREAT day it's been. I just hope I am not about to give us all the kiss of death by saying so.

When the trading day closed, it had been so hectic that I thought at 4.30pm, it was still 1.30pm.

Despite the arguments (with some), I feel that I should make this post for those out there (the few?) who are still interested in the odd word I have to say. I will handle the outstanding issues with Scrutable in another post and I will try and make it as civil as possible, and then if that becomes impossible, I will go off thread if he is prepared to follow.

But today, I want to make a post which to some, may point to inflated egos, but to others may turn out to help them in their own pursuit of the 'dream', and then I want to end it with a word of gratitude to people who I feel deserve it greatly for helping to get me/us to this point in our association with what has turned out to be a great company to be invested in.

Yes, it certainly has been a 'gay' day today, to coin one of my oft repeated phrases.

I have now cleared more than a million pounds on my BPRG investment (on paper of course). This has been the 4th company I have cleared that milestone with since I started investing in early 1994 (with around 15k), mostly borrowed on my Mastercard. The other 3 were Jarvis, Axis Shield (then Shield Diagnostics although I didn't take much profit out of that one) and Biocompatibles....followed by this wonderful gem.

I have also learned from some serious whacks that I have had to take too...the biggest of all being the bear market. We live...and learn...hopefully!

I can only speak for myself, but I know of at least 3 more people, all of whom have posted on this thread at some point or other, who have gone through that same milestone. Most who have been in this stock from the early days, have done fantastically well, relatively speaking. We all deserve a pat on the back.

I know how hard it is to be patient at the beginning, especially when one is impatient to make quick money because I have been there myself, but the way I got to this point was, in the main, by finding a quality stock, either by following my own research or the research of people who I had great respect for, and investing for the longer term.

If I have traded stock, it has not been for a quick 5% here or there, only to be hit by the odd bit of bad news that takes away all my hard earned profit in one fell swoop, but it has been for the longer term. If you have done the legwork initially, the rest takes care of itself because if you get the short term wrong, you can go on holding without being too nervous of the overall story, until your position sorts itself out.

It was a long slow grind at first, but IMHO, the really serious life changing money can only be made by being in 5, 10 and 20 baggers...and apart from the tech boom, these don't happen almost overnight,

Companies need time to slowly grow into their potential....and it is that waiting that makes so many people impatient and makes them move on to the next quick bit of hot news. In investment, boredom is the biggest enemy. And we always have to operate against the greater backdrop of the macroeconomics of the world economy in general.....it is not easy and those who pretend so, just do not know what they are talking about.

For those who are patient, the rewards are out there to be made....you can never read enough material even if it is popping out of your ears. Whether stock related, or more general, it just adds to one's overall investment education and leaves you in a better position to make informed decisions....although there are never any guarantees.

I have never made a secret of my own successes over the years because I believe that if you want people to listen to you, IMHO, you have to be as open as possible. Those who are interested in learning will take someone more seriously if they have walked the walk and talked the talk.

As a sales executive many moons ago, we were all made to stand in front of the room and give our sales figures in front of the whole team....that was done to show the newbies what could be achieved if they stuck at it and went all the way. I thought it was obscene at first, but I learned about the benefits of openness. Some salesmen were not as articulate as others, but their achievements didn't lie. I knew who to respect and take seriously.

I brought that sort of mentality over with me when I started posting on BBs back in 1998. Many took me the wrong way, but I did start to make my point eventually. I'd rather listen, no matter how good or bad one's language or communication style was, to someone who had proven themselves than someone who could give out the spiel, which in the end, would invariably turn out to be bullshit. I learned to sniff out the bullshit early in this game.

And despite my personal digression (which I hope some may find useful, especially any relatively new investors, because its a very real experience), I move on to the main point I wished to make.

I have never tired of posting of how many good posters who have 'talked the talk and walked the walk' have appeared on this thread. I am thankful to all of them. That's because truly premium info deserves thanks and is almost priceless. And for anyone with any sense and who is interested in staying with this stock more than through its hot and sexy period, they too should think likewise. Contrary to what some have said in argument with me, I always made a point of thanking people who added significantly to my own knowledge and understanding of any particular stock. Anyone who checks my posts will see that to be true.

But now to something that many have almost certainly not considered.

Apart from both the ex CEO, Barry Muncaster, and the present CEO, Graham Hind, putting themselves at great financial risk and putting their own houses on the line, there are many investors on this very thread who were pre-IPO and pre-pre-IPO investors who also kept the faith and put up their money to keep the company going even though many knew that the odds were not great for avoiding bankruptcy.

To their credit, Barry M, his son Joe, and Graham H, made it obvious to those investors that there were no guarantees of success.

For those of us who have made money on this stock, I just really want to say that without those people banding together and keeping the company alive, we all would not be here today. I would say a personal thanks to them all along with Barry M, Graham H and the staff at BPRG who also went through very hard times but all still kept the faith.

This may sound like arse licking to many (I am shameless), but I can tell you that I have personally invested a fortune in a number of seed investments, and I have very personally experienced and seen the pure hell they have all been faced with to stay alive throughout the bear market...and many didn't make it. Keeping early stage UK Plc alive throughout that period was not made easy by those with the purse strings, the VCs. Most acted in true lemming like fashion.

But BPRG did make it!

Really, no matter what your personal opinions of me maybe, those people deserve our thanks for being in there when it really hurt...and they deserve the rewards they will hopefully now receive, along with the rest of us.

So, I personally would like to thank, NICK2412, THE PROPHET, I_AM_A_WALRUS, POOROLD (he gets as much flak as I do sometimes but his contribution should not be belittled by people who have only just arrived on the scene), TRIKON60DOLLARS, ZHO, BANSHEE, DENRUM, ROB MOLLOY, BIG T20, LAQUOQUILLE (I think), and I'm sure quite a few others....my apologies if I have missed you out.

I almost joined the 'club' back in 2000/2001 (when I visited the company and met the various personnel) but the bear market put paid to that and I started buying this stock on the first day of dealing on AIM.

Your excellent posts have helped to keep me invested and have made me a lot richer as a result. Despite the many who have come on here and almost demanded respect overnight, for me, you are the true originals who helped me make a lot of money on this stock.

Regards,

THE COUNT!

No-one knows. I'm heavily in profit but can't help thinking we're well overbought at the moment. Would love it to continue up, but realistically can't help but wonder if they'll go down on profit taking when the next deal is announced. Hope not though.

edit - that was in response to Scrip's post.

Agree with the Count - you can't sit and watch the screen all day every day and watch the pounds ticking up. Let the investments mature.

John - nice post. I know I was there with you with my little bit on 15/7 but I've got it all back (in my pension fund) with BPRG, so that is something to celebrate. Because of my relatively limited funds for investing, I cannot hold the quantity of BPRG I would like. If I did, I would have no risk control. I have about 50% in the SIPP as it is! However, I regard this stage of my SIPP as the launch stage and it needs a lot of fuel to get it airborne. BPRG has provided a nice thrust at the right time!

Anyway, many congratulations on your investment in BPRG! Don't forget that a profit will have to be taken at some point in the future (if even a portion), at least to pay for a majority share in that tiddler, Tottenham Hotspur plc :)

Cheers
Tony

Good post count, I am fairly new to investing and appreciate your forthright
comments, glad to hear of yr success, hope to join you one day..

Regards

Adieh.

BPRG - i have it on good authority that announcement SHOULD be first thing in the morning.

regards

So does everybody else, that's the thing that worries me. How can half the investing population know about it when they are not supposed to? It just smells fishy to me. Since when has free money been dished out to anybody that can read any number of threads on a BB. It's a strange one. I don't think anybody is about to complain though.

Anyone asked Spaceman when it will be?

Graham Hind (CEO of BPRG) has said enough in public to let us know that the OTC deal should be finalised in February. People are simply turning rumour into fact. The day of release is not known. What is known apparently is that GH is in the States and is due back at the weekend. What does it mean? I don't know.

The hope is that the agreement will contain sufficiently good estimates of figures to give the bigger funds a reason to invest, otherwise we may retrace a bit. Having said that, this is a hot stock and moving faster than **** off a shovel....and there's plenty flying about on the BBs!

As the Count says, best to go away for a year and see how it looks in 2005. If I had the means......

THE COUNT--->BONES & SCRIPOPHILIST

I have no idea where the stock is going in the short term. But my style of investing meant I bought a massive amount when I regarded it to be cheap and on future promise....there were periods when even this stock was dead. I haven't bought with the crowd.

I really don't give a damn what short term traders do as that is not how I personally operate. I have not bought any significant amount of stock above 75p so I have the luxury of plenty of margin/cushion to play with.

And as I have said many times in my relatively short investing history...you only need to get one of these right to make it a life changing event. More than one and your head is definitely up in the clouds....among the stars.

THE COUNT!

THE COUNT--->BONES

Re: your post 122.

So glad to hear that you have pulled back those losses. As you know, I had quite a bit to pull back to.....but in the end, if you have faith in what you are doing, you just put your head down and get to work.

I have another one for you if you are interested!!! :-)

By the way, do you still have an interest in BIP? Some respected posters are talking that one up at the moment and I'm not sure whether I should get involved.

At the rate of its share price depreciation, I should be able to buy THFC off ENIC with coffee money!!!!!

Regards,

THE COUNT!

Wot no anouncement ! No matter it will come soon

The announcement may coincide with USA opening at 1.30pm ie both markets see the effect of the rns at the same time.

Good point,however the FMC announcement was issued at 7 am. If no announcement today when there is so much expectation on it been today might see a fall back if it doesnt happen.
Regards

The Count!

I will drop you an email. Is your hotmail address still valid? It is the only one in my address book now.

I also changed my email address recently. Perhaps you can let me know your address on

EMAIL EDITED

Regards
Bones

THE COUNT--->BONES

I have noted your email. You might wish to edit it out now. Email on its way to you.

Regards,

THE COUNT!

Excellent post from poorold,

here it is,

very interesting three weeks.

three weeks ago, FMC was a hopeful rumor and BPRG was trading for under 70p. THREE WEEKS AGO!!!

FMC is announced. Minimum $160 million in revenues and pundits expect $800+ million over the next 8 years.

FMC spent over one year performing due diligence...and had been looking elsewhere for a solution before they stumbled on BPRG.

Quite a vote of confidence in the NRobe technology. Please do not overlook the bit about FMC having a technology that dovetails nicely with NROBE.

Now, FMC already has a blue-chip pharmaceutical clientele and will likely add to that list with NRobe.

BPRG will CLEARLY ride the coattails of FMC into FMC's GLOBAL pharmaceutical customers with their other technologies.

That, I expect, is in addition to the rumored hook-up with Bristol Myers Squibb, which seems to be different than the OTC pharma letter of intent.

Don't forget that Bristol Myers Squibb was the first global pharma named in R&D with BPRG. Four or five additional global pharma's signed up on an "un-named" basis since Bristol was named almost 2 years ago.

If the deal is with Bristol Myers Squibb, then I expect that the four or five other global pharma's are not far behind Bristol Myers Squibb.

That would be in addition to the US OTC powerhouse.

And in addition to Conva-Tec.

All in all, the investment world is about to made aware of a little company that will own a tiny fraction of all the future encapsulation revenues of every major consumer prescription and OTC medication available for the next 20-30+ years.

Microsoft and other internet companies have tried for years to come up with the internet transaction for which they charge a fraction of a pence for each of the billions and billions of transactions. That is the golden goose for them.

Well, BPRG is about to do just that in a market that is even larger!

London Evening Standard page 48 - Market Report Friday 20th February...

"Bioprogress put on 4p to a record 159p. Dealers say the rise is being fuelled by talk of a tie-up with US drugs group Bristol-Myers Squibb."

After the recent price rise BPRG has moved from 28th to 9th fastest growing share price (over the last month) but it has the largest Cap - more of an achievement because as Jim Slater said "elephants don't gallop".

BPRG is followed immediately by Regal Petroleum, which is twice as large and therefore also bids competition for Wonder Stock of 2004. Both these shares are expect to move to respectable profitability in 2005, and then presumably, each price will retrench and consolidate.. I suppose it has always been better to travel hopefully in the market than to arrive.
cheers GF.

Pasted from http://www.lemminginvestor.com/TenBaggers.html

22/02/2004
BPRG which has brought so much excitement and enriched shareholders is up 534% since early June. Continued escalation of the share price at the same rate ie within the same trend - which is highly improbable - would see it as a x23 bagger by October. In fact this Wonder Stock has even broken out and upwards from this eight month trend, and since 2 Feb has accelerated to an average 6.25p p/day which is statistically unsustainable, (but NOT impossible) .

Capitalised at a current 162m this is already quite a large animal. Only Regal Petroleum at 326m is a larger beast galloping at comparable speed, and a little behind.

Once the X-Gel packaging machines start working on production without serious difficulties, It will already look like Stock of the Year - and three or four contracts down the line - Stock-of-the- Decade - if not by then contender for Stock-Of-All-Time.

GF - that is a bit of an hysterical piece! I think it would have to go some to beat the Oct 99 - Feb 2000 run of Baltimore Technologies. 2 to 140 in a few months - all on a few big-name contract announcements and a hyped up market. Mind you, a 70 bagger would be nice! BLM of course is now all but bust! Not saying BPRG is the same at all. The management of BPRG have cash and the potential for a lot more revenues. BLM borrowed all the way.

Nonetheless, I have skimmed some of my BPRG today (for a 263% profit) but still hold over a third of my pension fund in it.