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Results: PHC

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Plant Health Care – peptide fungicide US approval, a “significant milestone”?

Plant Health Care (PHC) “is pleased to announce US Environmental Protection Agency commercial approval of its novel peptide fungicide, coded as PHC279” and that “Wilbur-Ellis Agribusiness, one of the largest U.S. retailers of agricultural products, is expected to commence sales of PHC279 within key US markets under the brand Obrona in 2023”. So what of a current more than 8.5% higher share price response to 11.4p?

Plant Health Care – argues revenue growth “strong performance”, BUT...

Plant Health Care (PHC) has updated emphasising “the company's revenue growth in the first half of 2020 is a strong performance, which demonstrates the merits of exposure to agriculture, as an essential industry” and “Covid-19 has had limited impact on the business to date”. The shares though are currently still at 9.625p, down from 15p+ in February...


Plant Health Care – warns & I thought it was to be “cash positive… within our existing cash reserves”?!...

Previously writing on agriculture biological products company Plant Health Care (PHC), in September it was “delighted”… but it’s an RNS Reach again & market seeing through it this time?. Now “Trading Update” – and the shares currently back at 7.5p, capitalising the company at circa £15.5 million, more than 12% lower on the day…

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