Plant Health Care (PHC)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

3.80p
   
  • Change Today:
      0.090p
  • 52 Week High: 10.90
  • 52 Week Low: 3.20
  • Currency: UK Pounds
  • Shares Issued: 341.53m
  • Volume: 99,415
  • Market Cap: £12.98m
  • RiskGrade: 304

Spuds-u-like Plant Health Care's Harpin

Date: Friday 27 Jul 2012

LONDON (ShareCast) - Plant Health Care's Harpin crop-productivity technology has been shown in tests to increase the marketable yield when used on potatoes.

The company, which uses natural biological solutions to modify how plants grow, saw its share price enjoy its own growth spurt as it revealed that recent trials by independent crop consultants in the US had produced a 4.4% greater marketable yield at harvest and a reduced loss in long-term (7-8 month) storage from 4.6% in the untreated spuds to 1.9% in the treated tubers.

The storage improvements alone are worth about $4 per ton, Plant Health Care asserts, which equates to $20,000 for a 5,000 ton storage building.

"We had already seen evidence in smaller-scale studies that the long-term storability of potatoes increased following in-field Harpin treatment, so it is very encouraging to have those results verified on a larger scale," said Paul Bystrak, a field scientist at the firm.

"We have also demonstrated similar results in a variety of crops ranging from lettuce to citrus, so the financial savings potential for the grower should prove to be very attractive," Bystrak predicted.

Steve Holland, a crop consultant who conducted several of the trials, commented:"The growers we worked with in the Columbia Basin have become extremely proficient at storing potatoes, so it was heartening to see the additional benefits realized by the use of Harpin in storage. In addition, substantial benefits were also realised in each of the other trials that were focused solely on studying the yield benefits."

Plant Health Care's shares rose to a 52-week high on the release of the rest results.

JH

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PHC Market Data

Currency UK Pounds
Share Price 3.80p
Change Today 0.090p
% Change 2.43 %
52 Week High 10.90
52 Week Low 3.20
Volume 99,415
Shares Issued 341.53m
Market Cap £12.98m
RiskGrade 304

PHC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.12% below the market average1.12% below the market average1.12% below the market average1.12% below the market average1.12% below the market average
37.5% below the sector average37.5% below the sector average37.5% below the sector average37.5% below the sector average37.5% below the sector average
Price Trend
84.1% below the market average84.1% below the market average84.1% below the market average84.1% below the market average84.1% below the market average
17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average
Income Not Available
Growth
36.18% above the market average36.18% above the market average36.18% above the market average36.18% above the market average36.18% above the market average
41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average

PHC Dividends

No dividends found

Trades for 03-May-2024

Time Volume / Share Price
16:35 24,163 @ 3.80p
16:35 20,345 @ 3.80p
16:35 3,702 @ 3.80p
16:35 116 @ 3.80p
14:00 75,000 @ 3.70p

PHC Key Personnel

CFO Jeffrey Hovey
CEO Jeffrey Tweedy

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