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A tip i gave recently PURE has today released news of a very substantial contract, so well worth starting up a thread as this has the making of a potential
mulibagger?
http://www.purecircle.com

RNS Number : 3742A
PureCircle Limited
31 July 2008


PURECIRCLE LIMITED

('PureCircle' or 'the Company')

MAJOR CONTRACTS WITH PEPSICO AND WHOLE EARTH

TO SUPPLY REBAUDIOSIDE-A (REB-A*) AND EXCLUSIVE LICENSE TO MARKET REB-A UNDER THE PureVia BRAND

PEPSICO AND WHOLE EARTH INTRODUCE ALL-NATURAL, ZERO-CALORIE SWEETENER WITH PURECIRCLE-SOURCED REB-A

The Board of PureCircle announces that it has signed substantial, long-term contracts with PepsiCo and Whole Earth Sweetener Company for the supply of high purity Reb-A for use in beverages and tabletop sweeteners worldwide under the PureVia brand. In addition, PepsiCo and Whole Earth will grant PureCircle an exclusive license to market Reb-A under the PureVia brand in certain categories. PureCircle will be entitled to all profits (including sub-licensing fees) related to this exclusive licensing agreement.

PureCircle will continue to be free to sell the non-branded ingredient to all customers across all categories and geographies.

The announcement, from PepsiCo and Whole Earth Sweetener Company, states that PureVia will debut in a new nutritionally-enhanced PepsiCo beverage called 'SoBe Life,' to be launched in Latin America, starting with Peru. PureViaTM will be available initially in three SoBe Life flavour blends: Tropical-Pomegranate, Strawberry-Kiwi and Orange-Tangerine.

Meanwhile, PureVia tabletop sweetener will launch in the United States this autumn, before expanding into drink and food products around the world.

Commenting on the contract award, Magomet Malsagov, Managing Director of PureCircle, said:

'PureCircle has worked extremely hard to build a capability which can support leading food and beverage manufacturers, such as PepsiCo and Whole Earth, in bringing natural, healthy products to consumers on a worldwide basis. These contracts are an important sign of confidence in PureCircle's capabilities to deliver high quality, consistently-pure Reb-A. We look forward to further developments in this exciting market, which we believe will herald a new era in natural sweetening and engender higher expectations on product taste and delivery among consumers.'

cyril

http://www.investegate.co.uk/Article.aspx?id=2009030407001226930

market hs certainly ben stronger this morning than i expected, and PURE seems to have broken that stern resistance ..... provided the markets now hold steady, then arguably worth a modest dabble on chart basis

I have decided to sell reluctantly.

mitzy;A good time to take your profit y/e tax, 30 day rule applies.
cyril

MoneyAM
"Natural sweetener producer PureCircle says the $32m expansion of its extraction plant complex in Jiangxi province, south eastern China, has been completed on schedule.

The group also says doubling of Reb A refining capacity to 2,000 tonnes at its Malaysian refinery is expected to be completed on time by the end of 2009.

The Jiangxi upgrade programme ensures it continues to be the world's largest stevia extract factory, says PureCircle. "

Good morning Harry and all, another brick in the wall. Had trouble this am getting into the site, only just connected.
cyril

From FTWeekend 12th July:
"It is amazing what happens when the market gets the wrong end of the stick. Purecircle, the malaysian company, put out a trading update on wednesday that most chief executives would die for! Sales up 85%, annual profits to quintuple & talks in progress with more than 100 food & beverage brands following the approval of the product by the US FDA. Bear in mind the company has already secured PepsiCo & Cargill (Coke) as anchor customers. but the shares fell 17% because the statement reported sales of 264 tonnes of REB A, below matket expectations of 350 tonnes. Then on thursday, Liberum Capital published research in to the company, which raised $50m at 170p a share when it joined AIM in december 2007, valuing each share at 410p. The shares responded by rising 29% to 210p on thursday & closed yesterday 222.5p "

shareprice short (and sweet if one had done so) since May with no comment on here since July 2009-is there an alternative thread?

Nope, just that the sp has run it's course and the party is over. Worth watching, imo, for the end of the downtrend, but looks like 100p is the very last support level. EK has been short for a while now.

chairman buy-40k@131.75 declared 29/10/10-share price still slipping

Good call by EK

On the turn? EK out or fingers starting to tingle?

Liberum Capital Hold 0.00 637.50 600.00 600.00 Downgrades

Interims 19th March.

Big article in todays paper.

Interim Results

StockMarketWire.com

PureCircle, the world's leading producer and marketer of high purity stevia ingredients has announced that for the financial year to 30 June 2014 sales increased $31m (44%) to $101m, compared to the previous year.

Revenue grew in all sales regions grew compared with FY13.

Volumes increased 37% led by sales of new ingredients from its Stevia 3.0 TM portfolio. Overall volumes of new innovations showed strong year on year growth, offset by lower co-product volumes.

Operating profit improved $16m to $17m and EBITDA increased $14m (152%) to $23m reflecting growth in sales volumes and improving gross margin percentage, partially offset by increased investment in its market application capacity.

Net profit after tax was $2m, an $11m improvement on the previous year reflencting the $14m EBITDA improvement partially offset by higher interest charge.

The Group says that it is sufficiently funded for its current expansion plans and that it will continue to invest in management to support growth effectively in a sustained manner.

StockMarketWire.com
PureCircle (LSE: PURE), the world's largest producer and marketer of high purity stevia, has announced the placing of 2.5m new ordinary shares to existing shareholders (including directors and senior management) and new investors at a price of £5.50 each raising $22m.

The proceeds, together with the company's cash and funding headroom, will be used to expand the current supply chain to support accelerated growth.

StockMarketWire.com
PureCircle said the full FY net profit benefits of its geared business model are not expected to be evident until H2, reflecting the H2 weighting of sales.

H1 sales are expected to be $43m, an increase of 24% against 1H FY14 ($34.8m). There was growth in sales across all its global sales regions and in all of its ingredients.

The growth in sales was primarily driven by new innovations in PureCircle's proprietary Stevia 3.0 TM portfolio of all-natural, no-calorie sweeteners and natural flavour systems.

It said H1 gross margin, operating margin and EBITDA are expected to increase in line with the increase in sales revenues.

The Group's H1 net result is expected to improve at least 50% compared to net result in H1 2014. In H1 the group completed a $44m share placement and renewed and restructured its principal bank facilities onto a new $71m five year facility.

The Group ended 1H FY15 with net debt of $52m (1H FY14 $85m) and cash and facility headroom of $76m (1H FY14 $59m). The Group is sufficiently funded for its current expansion plans.

Purecircle, William Mitchell, CFO, discusses the interim results & potential of the stevia market

click here

StockMarketWire.com
PureCircle will receive a United States Patent Application pertaining to the use of Rebaudioside M (Reb M) in beverage applications.

This Reb M product patent reflects PureCircle's industry-leading development of naturally sourced, superior-tasting stevia leaf extracts for food and beverage products.

Consistent with PureCircle's global business strategy, the Company, in alignment with its global partner and co-owner of this patent, has further sought international protection of this valuable intellectual property.