Deltex Medical Share Discussion Threads

[yump] 19/7/2016 23:10

At the very least, I would expect after all the fuss about the money which 'they' (the baddies) take from us (the goodies), that the government will account for where the money that went to the EU, will end up being distributed.

In theory, we should have more shouldn't we ?

Although the very idea of any sort of accountable accounting is I realise, hopelessly idealistic.

[supernumerary] 19/7/2016 22:59

Oh well that's all right then - here we are in this, the best of all worlds ;¬))

On the other hand, I've been looking around for clear unambiguous good news resulting from the vote, and I'm struggling to find it, while bad news seems to be everywhere. Is it just me?

[grannyboy] 19/7/2016 22:43

The UK pays a NET 10.5 BILLION pounds over to Brussels which the UK never see again, they get rebates, some of which is never sent to Brussels, then there is about 4 BILLION pounds that is used on EU projects in the UK, you'd have seen the big billboards outside universities, etc saying funded by the EU, which is contradiction in terms, because in reality its UK taxpayer money.

[february 30th] 19/7/2016 22:02

So the UK contributes to the EU, and the EU uses some of the money to create a transnational structure, where an influential and respected elite is essentially bought off, their loyalty being to the European project. It's very similar to the colonial method of maintaining control by means of a comprador bourgeoisie. The recipients of the grants will of course justify their stance by saying that they are helping humanity, but really, it's a case of self-interest. Having said that, 850 million isn't so much money. It's about 7% of the Overseas Aid budget.

[grannyboy] 19/7/2016 21:55

They might receive it from the EU, buts its UK taxpayer money, and why are they saying they're losing this funding?, because at the moment all dealings with the EU are as is...Article 50 has not being invoked as yet, and there would be another two years once that is done...

In my mind its all propaganda by those pro-eu media outlets, miffed at losing the referendum..

[supernumerary] 19/7/2016 21:21

doglover - further to our earlier exchange - it's becoming clear that my friend was just a canary in the mine. Bye bye ARM (and the dividend flows that were going to fund more than a few pensions) courtesy of the new cheaper 'more competitive' pound, and hello not much at all...



Just weeks after the UK voted to leave the European Union, researchers are losing grants.

BBC News has spoken to several research groups and small businesses who say they will soon have to scale down operations and lay off staff.

Seven national academies have called on the government to ensure that research is protected in Brexit negotiations; the President of the Royal Society has told the BBC that the future prosperity of the UK is at stake.

British universities, in collaboration with small businesses, receive £850m in research grants each year from the European Union.

[...continues... sadly]

[djgrantb] 19/7/2016 14:26

Yep it's usually because of cash flow, they wouldn't be paid for the invoice for 3-6 month terms. I don't think DM will go down this route, they've been in business for a long time and now there almost cash generative it would be crazy, it was just an observation. I see an American firm buying out the company very soon and investing in expanding its products.

[arf dysg] 19/7/2016 13:12

djgrantb, yes I thought the company would lose a percentage of the invoice, but (roughly) 10% of revenue is a lot to lose, so they'd have to have a good reason for it.

[djgrantb] 19/7/2016 12:04

Not necessarily Arf Dysg, some big companies factor their invoices, but you give away anywhere between 8-12% of your invoices value. It depends on how much profit margin you have, DM doesn't have that luxury. Someone nibbling at the company because they see the true potential.

[arf dysg] 19/7/2016 11:50

If I understand what factoring is, a company only does that when it's absolutely desperate and it really needs the cash immediately to stay afloat.

[djgrantb] 19/7/2016 11:28

The share buy by Andrew Muir is in his personal name not for the Rainbow Seed fund. I personally hope that DM continue to strive for break even cash flow alone, and don't involve an investment funds company, it has parallels with factoring invoices for small companies which in my mind is not good for business in most cases.

[djgrantb] 19/7/2016 10:14

Nice upward momentum in sp, almost full ask being paid for 100k, still believe someone is building a holding for whatever reason, guess RNS will confirm in the fullness of time...

[february 30th] 19/7/2016 04:54

Well, Andrew Muir doesn't seem bothered. Did he buy the shares personally, or as a representative? If it's a personal investment, that would suggest some confidence.

Is this him?

rainbowseedfund.com/team-member/dr-andrew-muir-investment-director-and-fund-principal/

[bigt20] 19/7/2016 01:41

I'm amazed that people are so relaxed about the £2m+ cash outflow during 1H16.

[bigt20] 15/7/2016 20:16

Placing of 10,465,116 ordinary shares - RNS dated 1/7/16

Interesting that there was a transaction for 4,234,355 disclosed on the 4/7/16 for 4.3p and some 100,000 transactions.

[arf dysg] 15/7/2016 16:46

RNS Number : 3706E / Deltex Medical Group PLC / 15 July 2016

Andrew Muir / transaction 14 July 2016 / notified 14 July 2016

Thresholds crossed 3%, 4%

GB0059337583

OLD:_ 4,634,355
NEW: 13,649,471 (4.79%)

[cisk] 15/7/2016 16:45

Yes that's the chap. Although the RNS said that his holding increased by 9,015,116 shares and the subscription on the 1st July was for 10,465,116 shares.

maybe he sold the difference in the market (as he bought them for 4.3p)? Making a quick £10k profit.

Anyone know anything about him?

I wonder if this is the same person:
hxxp://rainbowseedfund.com/team-member/dr-andrew-muir-investment-director-and-fund-principal/

Anyway - I view this as a positive - a PI stumping up £450k. Maybe he is The Count!

[djgrantb] 15/7/2016 16:27

Lol, you couldn't make this up. Is it right to assume that Andrew Muir was the shareholder that purchased £450k worth of new stock to assist the cash flow situation??

[djgrantb] 15/7/2016 14:09

Nice tick up, large trade coming through or RNS?

[arf dysg] 13/7/2016 16:13

Help! We're doomed!

[zho] 13/7/2016 12:09

Yes. Fact.

;-)

[arf dysg] 13/7/2016 12:06

Is this the beginning of a long slow climb of the share price?

[djgrantb] 12/7/2016 14:16

This share price defies logic, almost 190k bought and 48k sold, share price down, the MMs are having a laugh.... Strong buys the other day, the share price rises before any trades go through and doesn't move a jot all day....