Gyg Share Discussion Threads

[wjccghcc] 27/5/2006 09:20

Been adding on the dips. Around 315p PE got down to sub 19 dropping to 15 next year.

[maddox] 26/5/2006 19:12

rochdae,

May be may be not. Lets face it this market is irrational, forget about the Dollar, Oil Prices and budget deficits all these explanations lack credibility. The market is falling because the market is falling and it'll stop when it stops. The 23p rise to 340p today may just be reversed on Tuesday.

Good luck, Regards, Maddox

[rochdae] 26/5/2006 16:54

Think the answer to my question was yes. Great rise today. Should accelerate from here.

[rochdae] 23/5/2006 10:32

Is it safe to get back in.

Unfortunately, sold out a number of times on the drop, but maybe the worst is over?

[maddox] 18/5/2006 15:41

SP back up today recovering about half of yesterday's fall - let's hope it holds up.

If you wish to escape the market roller coaster for a moment and remind yourself about the market Gyrus is helping to develop and the real good that its products are delivering listen to BBC Radio 4 'Case Notes' on Laproscopic (Keyhole) Surgery. Link:


It illustrates the benefits for hospitals and patients of keyhole surgery. Patients are having complex surgery and can be in and out the same afternoon. This is now typical for operations that could have required a seven day stay in hospital such as for gall blader removal. The operations are quicker and safer, there is less post-operative pain and the surgical results are better.

A key point for investors in Gyrus is the current growth in the use of keyhole techniques for almost all surgical procedures, with very few exceptions. More surgeons are adopting keyhole surgery, more operations are available and the increase in patient throughput possible is contributing to market growth.

Current concerns about the Dollar, Consumer Price Index or whatever seem to me to be minor issues against the market opportunity and growth potential for Gyrus.

Regards, Maddox

[maddox] 17/5/2006 21:09

Ouch!

Down gain today after an early rally finishing 19.25p off at 328.25p that is 22% fall from its peak. As is typical when the market drops logical explanation goes only so far in elucidating events - so I'm not going to try.

Regards Maddox

[rochdae] 16/5/2006 18:14

Got my timing wrong yesterday, but at least we saw some strength later on today.

[maddox] 16/5/2006 12:50

melody9999,

Appreciate your concerns, this is no fun, and I think the falling Dollar is amplifying Gyrus' fall. I have seen no information to suggest that Gyrus' prospects have materially changed, the market is clearly nervous and looking for any reason to mark down any share that looks vulnerable.

I'm in no position to give financial advice but FWIW I'll be riding this out. I'm a long term investor and every time I try a short-term strategy, top-slicing or whatever, I usually get caught out. All things being OK with Gyrus the fundamentals will cause the shareprice to reflect its true value. Its the dogs that stay on the floor. Corrections usually overshoot as seen with hindsight - but standing where we are now I cannot say whether we are at the bottom.

Regards, Maddox

[rochdae] 15/5/2006 23:44

Well I bought a few more today. Been painful... but a great company... and the end to the capitalist system is not going to happen today.

[melody9999] 15/5/2006 23:06

Maddox - it did seem a good idea - at the time - but after today I'm not so sure. GYG downward trend exacerbated by market turmoil - who is calling the bottom here? I'm not sure I can hold out if we go much further toward 315p

[maddox] 05/5/2006 08:51

Hi Guys,

Glad that you've had the opportunity to top up, it takes guts to buy against the market but at the end of the day its the only way to make some real money. It always amuses me when I listen to BBCR4 Money Box - the theme is typically - 'the stock market has gone up perhaps you should invest in shares', then its 'the stockmarket has gone down perhaps you should be selling your shares'! A buy-high, sell-low is hardly a recipe for making money.

Lets hope more people take advantage of this dip to get onboard.

Regards, Maddox

[rochdae] 05/5/2006 00:07

Yes, I agree news is a factor here.

We seem to have come of the boil but I expect interest and the share price to start rising again soon.

Like the business ... and the growth story is very much intact.

Managed to buy at 371 today.

Cheers,

[flyfisher] 04/5/2006 11:32

a large c trade 300k+ has gone through this morning at slightly below the bid, and seems to have been balanced by 3 ,100k+ trades adding up to the same amount
it looks like we have had a stock overhang , i view this as a buying opp and have topped up holding.
regards

[maddox] 04/5/2006 11:22

Rochdae,

GYG has a tendancy to drift off on the absence of any news. I'm still reassured by those underlying growth rates.

Regards, Maddox

[rochdae] 03/5/2006 19:06

Getting back into these as the drift down is hard to understand.

The next trading update should easily send these back well north of 400.

[maddox] 07/4/2006 15:37

Huttonr,

Supra-normal I view as more than 15% p.a. With the cost savings and increasing operational efficiency - as you say more products through the same sales channel should mean more of this dropping down to the bottom line. Thus the eps growth should be further magnified.

Regards, Maddox

[huttonr] 06/4/2006 18:42

It is nice to have a rise immediately after I put a favourable comment on this thread! I did wonder about cause and effect!
I am guessing at a 15% growth rate for a few years, which should be helped by cost savings from the takeover, and the greater range for the salesmen to sell. What do you call 'super-normal growth' ??

[maddox] 05/4/2006 19:19

Huttonr, Melody9999,

It requires guts and confidence to buck the trend but that's where some real money can be made. So congratulations on your timing Melody!

I detect an underlying acceleration in revenue growth in these latest figures, something that I've been expecting to see. There is also a big market for Gyrus out there so my prediction, for what its worth, is that we should see sustained super-normal growth for the next few years.

Regards, Maddox

[melody9999] 05/4/2006 12:28

Hut / Mdx - I have to concur with your analyses, having done similar myself and decided to buy a couple of days ago at 385p. If you consider the excellent fundamentals and the good growth story, this has a long way to run IMHO.

Add to that the fact that technically the chart shows this is a great entry point - share price right on long term trend line and supported by previous high at 380p.
I have a target of 500p by the autumn and a mental stop at 320p. But as always DYOR

[huttonr] 05/4/2006 10:03

Maddox - I think I agree with your posting - I have been a little concerned with the fall off since the results but, having gone through the annual report, I fail to see anything which indicates a problem. The figures look a bit messy in places which seems to be due to the takeovers and the IFRS changes. So, unless I'm missing something?? - the shares still look good value.

[Abuse team] 28/3/2006 16:51

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[maddox] 28/3/2006 16:49

The shares have come off a bit 10.5% at the lowest recent point (378p). This looks like some profit taking after a very strong run - at 385p GYG are still about 46% up on a year ago.

More importantly there appears to be no reason to sell. The top-line figures obscure a very strong underlying performance. The old Gyrus business achieved 15% yoy and ACMI 6.5%, this despite the merger and integration distraction. With savings still to be made and business synergy benefits yet to show through the auspices are good. Then there are the new products on the way this year and further geographic expansion.

Also, as the reported figs are depressed by the IFRS reporting requirements - the next few periods should produce some excellent looking results. With the only negative, the patent dispute with Medtronic, the outlook looks pretty good. But as always DYOR.

Regards, Maddox

[johnroger] 24/3/2006 20:47

New thread with charts

[Abuse team] 24/3/2006 20:46

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