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In reply to: crystal on Tuesday 19/06/07 09:45am

Totally agree with you Crystal. PHK has been a disaster, as far as sp is concerned, for a while now. They have published their bussiness update, which reads OK, yet nothing is happening!!!

I am already loosing money now. http://www.sharescene.com/html/emoticons/grrr.gif

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  • 7 months later...

In reply to: BSA on Friday 08/02/08 01:53pm

BSA

 

PHK is a really interesting story. They have been trying to build sales of their fancy clay for a while now but mostly deal with government agencies which never make quick decisions. They have sales reps in Europe and Australia and have a processing plant in Kunming China (a bit out of the way - they did some testing on a big lake there but apparently did not get any contracts [yet]).

 

A little while ago they flagged that they wanted to build another bigger (and hopefully better located) plant. Then quite recently they put out an announcement directly addressing what sales they were lining up.

 

My guess is that they are happy with the build up in sales orders and have decided to get some dough to build the new plant.

 

If that is what the capital raising is for, then it would be a good sign IMO. But, geez, tough time for a nipper like PHK to raise money.

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QUOTE (triage @ Friday 08/02/08 07:02pm)

Yes its a great little story Triage, but I think the cap raising may be more about survival as they only have $820,000 in the bank and burning around $700,000 per quarter at a quick glance.

Of course they may have funds ear marked for bigger and better things.

 

Cheers

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  • 5 months later...

http://www.sharescene.com/html/sharesceneradio-logo.jpg

Recent ShareScene.com Radio Broadcast (23/07/2008 10:30:00):

PHK - Share Placement and Update - Mr Robert Schuitema, CEO & Managing Director

 

N.B. ShareScene.com Radio can normally be accessed by the 'RADIO' link, top of every page.

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ShareScene.com Radio delivers investor presentations from ASX listed companies. Keep up to date with the latest corporate dealings of the shares you follow. Hear news direct from the source. Listen to directors and investor relations mangers discuss their company, give investor updates and brief on current results. ShareScene.com Radio keeps you informed about company announcements and events, and provides you daily market wraps and industry discussions.

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  • 6 years later...

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