Akers Biosciences Share Discussion Threads

[wigwammer] 21/3/2017 16:21

"The jury is out re '80/20'. "The jury has spoken.An 80% increase in price resulted in a 20% fall in units. Sales +50%.

[wigwammer] 21/3/2017 12:47

"If Old Trafford had been sold out for the past decade but next year crowds were down by nearly 20% but revenue was up, folk would rightly want to know the reason/s why."If you think the enthusiasm doctors have for pifa hit is comparable to the enthusiasm a united fan has to buy a season ticket, then you should be buying these shares. My guess is an 80% increase in price would have a far more detrimental impact on attendance than 20% (again..keep buying). I'm sure you aren't intentionally proving my point.

[norbus] 21/3/2017 10:49

mcm

Wally knew how to milk two things. The goat he kept at New Jersey , for antibodies if you want to believe his story and the company' The money he's been through, the losses, and the tall stories .. Miracle I took money out, and did not get sucked into the place the fund manager got to supporting Tom

[wigwammer] 21/3/2017 09:55

"You sure you're not Wally wigwammer?"Mcm - your friend made the same suggestion when I arrived on this board. Poorly researched and likely to cause conflict. You only have to check my posting history to know it is unlikely.I was interested here because i thought they had an attractive series of products, which were on the market albeit growing slowly, high margin, and the stock was on a low valuation. The evident criticism is that they were underpowered in the sales department, which (time will tell) appears to be being addressed. Your main criticism is Ray Akers - surely worthy of note therefore, that his name hasn't appeared in the last two RNS releases - yet, the Akers battering continues.I think my criticisms of this board recently are valid. It is misleading to emphasise unit sales with little reference to an 80% price hike. It is misleading to strike fear by suggesting cash from an issue isn't arriving, then not mentioning when it has arrived. The fact that my posts pointing these things out meets such hostility says a lot about the emotion investors have attached to this story - emotions can drive share prices but they are often distant from the truth.Re post 20... your friend then bought the shares?! Under the circumstances, where you say one thing one minute and do the opposite the next, it is likely you will be able to point to some success or other.Will be interesting to see if Ray Akers continues to be pushed into the background, or not..

[mcmather] 20/3/2017 23:29

You sure you're not Wally wigwammer?? Post 20 on here from norbus - just over 6 years ago - called it about right. There was promise with TAN on board but Walt seems to like it his way.

[wigwammer] 18/3/2017 08:15

According to mcm you got onboard Jan 2011, just before the shares halved. But of course you made a profit - you're the great sir norbus!

[norbus] 14/3/2017 09:31

The plank is you; I bought and sold at a profit before consolidation ; Nearly bought a stake but Tom did not agree a price. It owes me nothing. Nothing has changed and I would not buy this at 20p

[wigwammer] 13/3/2017 18:44

Well he got one thing right.."mcmather - 27 Jan 2011 - 09:04 - 22 of 3416 - 0...ha ha. Yes. Everything has now changed because The Great Sir Norbus is now onboard.....Crikey. Get a grip and stop 'talking' like a plank."What price did you get onboard?

[wigwammer] 10/3/2017 19:10

"the sales of the signature product, PIFA HIT, flat-lined at best elsewhere (ie the US) in 2016"Thank you for now conceding that sales of the signature product, PIFA HIT, did not flat line but rose considerably in the US in 2016.The point that 80%+ of customers that use the product and know it best accepted an 80% price increase, demonstrates the considerable value they put on it. This suggests new customers may also identify this value and bodes well for future sales.Have a fantastic weekend.

[mcmather] 10/3/2017 16:46

Stop it, you're making yourself look silly.

Previously you were after an informative and unbiased thread?? As has been stated many times, net sales of PIFA HIT device are UP but the total number of units sold (in the US in 2016) is DOWN.

If new customers are willing to purchase the units at the new price, bingo. But the company have been hammering away at their flagship product here for nearly a decade and the number of units sold declined in 2016.

The company have effectively stated that the short term future (ie revenue streams) of the company is heavily reliant on the PIFA HIT device, hence, my concern that sales of unit (not net sales) in the US declined in 2016 compared to 2015.

In addition to that, the management have also shafted shareholders with their performance in the recent placing for the reasons previously alluded to on here and which no doubt explains the historic low price here. Is the giddy glass half full or half empty?

[wigwammer] 10/3/2017 16:12

"the sales of the signature product, PIFA HIT, flat-lined at best elsewhere (ie the US) in 2016"No they didn't. They rose 50%. This is financial website last time I checked.

[mcmather] 10/3/2017 12:51

Notwithstanding that this is a BB - ie not an income statement or similar - what was misleading re #3401 and the posts thereafter?

[wigwammer] 10/3/2017 10:30

"In bookkeeping, accounting, and finance, net sales are operating revenues earned by a company for selling its products or rendering its services. Also referred to as revenue, they are reported directly on the income statement as Sales or Net sales." (wikipedia)Sales are not unit volumes, and it is misleading to suggest they are. Hope that helps.

[wigwammer] 05/3/2017 07:17

Mcm - the history of this board is largely the history of you ramping AKR at multiples of the current price, evidently selling without telling anyone, and now encouraging others to sell near the all time low with highly unbalanced commentary. What a hero.No one is asking you to restart the ramp machine. But 1) don't report that sales are down when sales are up 50% by purposely confusing it with unit volumes. And 2) if your friend is going to make the suggestion that the issue money isn't arriving, he should take the same care in advising when it has.It is nice that you have both made profits here (dubious, but nice) but I doubt anyone who has followed your advice has. Worth noting, as you dish out further advice.

[mcmather] 03/3/2017 15:45

Fully agree Norbus re TAN; never met him but had many communications (emails, phone calls, etc) with him and he always came across well.

[norbus] 03/3/2017 08:16

I traded a few 100000's once for a profit ; I've met with Walt and Tom and visited
There but for the grace of heavens I did not go in for a %age. Miracles have happened
and that is what this company needs if it is not to go bust . Tom was good, but not allowed to do all what was planned with the injection and going NASDAQ. Time will tell

[wigwammer] 02/3/2017 15:38

"Err, yes, of course it does. Where did those customers go to and what alternative device did they use and why?"The point is - most of them didn't go anywhere. They would rather pay the 80% premium. Hence, sales +50%, not flatlining as you suggest. Re big picture. Revenues up, valuation near all time lows. I'm paying £1, not the £5+ you and slowbus are on record paying.

[mcmather] 02/3/2017 14:37

Err, yes, of course it does. Where did those customers go to and what alternative device did they use and why? I'd certainly be interested in that if I was at some other hospital paying the new 80% price.

In addition, and in terms of bigger picture, this has been the company's signature product for near on the past decade and with everything that has been thrown at selling the device over that period, unit sales reduced in 2016 and this in the US where akers are based.