PPY - Papyrus Australia

[yogi-in-oz]

Hi folks,

PPY ..... alert for some positive news, in May 2006.


19052006 ..... 2 significant and positive cycles,
so expecting some good news,
around this time .....

happy trading

yogi

 

[Out Too Soon]

Hey Yogi, I don't suppose you predicted the current correction did you?
PS: Papyrus is going to be producing soon, read the ASX releases.

 

[prawn_86]

Just thought i would bump this thread along.

12% drop today, to a significant support level @ 60c.

PPY manufacture paper from banana tree's. It is all natural, biodegradeable etc etc, so can be considered a 'green' stock. Plus the paper has water resistant qualities and is about 7 x stronger than normal paper.

First sales have been made about a month ago.

Very interesting and i think that watching around this support level is a good idea.

 

[prawn_86]

Broke down through significant support at 60c, on high volume. My limited charting suggests next support is at about 40c.

Will see what happens on an EOD chart, but does anyone know why these guys are getting hit?

Good product and reasonable fundies as far as i can tell.

 

[prawn_86]

Ann today saying that their gov grant has been upped by another $250k to help expand their plant.

Always good i guess for eco stocks like this to be getting grants rather than needing to issue capital.

Chart perspective its currently sitting on previous strong support of 60c

 

[unit]

Be interesting to see if PPY goes up on Monday due to ANZ backing out of Gunns paper mill. Probably not that sensitive to the market yet.

 

[Bigboppa]

Up nearly 30% this week!!!!!!! Anyone watching this stock? Anyone got any ideas why there is a sudden jump on good volumes too?!!!

 

[ormond]

Up nearly 30% this week!!!!!!! Anyone watching this stock? Anyone got any ideas why there is a sudden jump on good volumes too?!!!

Was a story on Landline on sunday called "pick of the bunch" which has probably helped shoot the SP up.
http://www.abc.net.au/landline/

 

[Bigboppa]

Thanks for the Landline link, Ormond. Hard to say what to make of it though. Are they producers of product or do they make the machines that make the product.

 

[icarium]

Landline aired the story on this company plus additional interviews again on the weekend.
SP down to 0.18

 

[pixel]

Thanks for the Landline link, Ormond. Hard to say what to make of it though. Are they producers of product or do they make the machines that make the product.

The way I understand it, they own the patents and are now spruiking international markets to spread the "good news".
I think it makes sense: Why waste Gigatonnes of slow-growing timber when you can achieve the same with waste from banana plantations or, as the new MoU is about, rice straw. I reckon the carmakers will be particularly interested in the veneer that's as hard-wearing as it is flame-resistant.

What they do need though: some experienced marketing team that gets the message out. Hoping that Auntie ABC or Kruger can get them over the line is amateurish.

The chart suggests - again - a break of the downtrend. But it has done so before - last time in April. Would be a shame if the move that started today were to end back below the line - also: again.



For now, until a new direction seems more likely, I'm just daytrading it.

 

[pixel]

Branching out into Egypt; JV established:

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01200439

Market - again - slow to react.

 

[pixel]

Branching out into Egypt; JV established:

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01200439

Market - again - slow to react.

That went down like a lead balloon
Here's hoping that China is economically more stable than Egypt
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01498805

I regard the concept quite highly and have started accumulating again.

 

[pixel]

That went down like a lead balloon
Here's hoping that China is economically more stable than Egypt
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01498805

I regard the concept quite highly and have started accumulating again.

Today's buying interest was too good to ignore. Shared some of my "accumulated" stock with eager buyers. Not sure the gap will be filled, but I'm taking a chance that it's possible to reload a little lower.

 

[skc]

Today's buying interest was too good to ignore. Shared some of my "accumulated" stock with eager buyers. Not sure the gap will be filled, but I'm taking a chance that it's possible to reload a little lower.

View attachment 57185

539k traded with value of $26k....

 

[pixel]

539k traded with value of $26k....

meanwhile 660k at $32k
Not all the volume has been mine, but those that I sold had a cost base of 1.75c. Quite a satisfactory result.

The top 20 hold just under 50% of 176M shares on issue.
Not much free volume, based on those numbers.

 

[pixel]

It's taken a few years. They probably use Sundials in Sohag
But today's Letter to Shareholders brought good news - at last!
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01872532

I know it was highly speculative to hold, nor are we out of the woods yet. But it's got to be worth the wait.

 

[pixel]

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01903616
a new initiative: Allan Branch comes well-credentialed. ... and well-connected too.
yes, we need new capital, but once Sohag is up and running, there will at last be a reference site to "show and tell".
(With a bit more local support, we could have had that years ago... )

 

[pixel]

 

[pixel]

Sometimes, patience pays off
I have to confess though: The volatility of Friday's move caught even me by surprise.

Recap: Earlier this year, the Daily chart pattern started to match the longer-term weekly above.