||EPS - Basic
||Market Cap (m)
|Health Care Equipment & Services
Real-Time news about Inion Oy (London Stock Exchange): 0 recent articles
|irenekent: I think they are starting to deliver on their promises. The new products, just approved in the States appear to be a core addition to the range and should significantly expand their sales. Most people would choose a biodegradable splint, if given a choice, rather than carrying around a lump of metal for the rest of their life! The rise in the share price since the announcement seems to bear out my reading of the significance of this. I just hope that they don't get taken over by the like of Smith & Nephew before we have a chance to make a profit on these.|
|pugugly: 2/10/06 management said:- it knows of no reason for the recent fall
in the company's share price. It confirmed that it remains confident of meeting the current market expectations.
Today it says:- Inion believes that its 2006 sales targets will not be met. The Board anticipates that revenues for 2006 will be approximately 5.7 million and therefore below current market expectations.
Once again management have shown their Incompetence.
If Revenues are only going to be 5.7 million how big will be the loss and cash burn? Rate of sales has DECLINED since the 1st half. Pretax losses were 6 million in 1st half, R&D up sales down could be looking for a loss of between 7 tyo 9 million (imo&dyor). This needs a rapid t/o or trade sale to give the poor investors back a fraction of their investment - UNLIKELY - Probably a rescue dilutive rights if any idiots will support.
Usual cautions apply (imo & dyor).|
|kevkj: I got this from the company.
Thank you for your e mail which was forwarded to me for response.
I have set out below some expected newsflow items planned for the next 6 months together with an explanation for the recent decline in the share price.
As we announced at our Interim results, with the recent changes in the Board, we are reviewing strategy and the results to this review will be announced in Q1 2007. We also announced that we were at an advanced stage of negotiation with a potential candidate for the position of CCO. We should be in a position to announce the results to this within the next few weeks. There are other small news flow items due, such as the announcement of a research grant, and we are expecting to receive a 510(k) for a sports product at the end of the year.
Obviously some things cannot be open to the public presently|
|kevkj: anyone else miss it ?
Barclays daily summary 07/11/06
Inion again says no reason for slide
Struggling medical implant group Inion gave its share price a lift today as it said there was no reason for the hammering its shares have taken over the past six weeks.
"Inion notes the recent decline in the company's share price and confirms that it is not aware of any reason for this decline. The company announced interim results for the 6 months to 30 June 2006 on 5 September, and remains confident of meeting the current market expectations, which were updated at the time of the interims," it said.
The Finnish group issued a similar statement in early October, but that did nothing to reverse the slide in the shares, which have lost over 70% of their value this year.|
|irenekent: Looks like they've allowed the price to drop in the hope of securing an MBO at a very low price. Certainly calls into question the statement they made last month re knowing of no reason for the fall in the share price. This is certainly suspicious and if the FT is to be believed their should be an investigation by the LSE.|
|ok,yah: The company had Cash, cash equivalents and short-term investments of Euro35.8 million as of the interim results September, Since then director Peter Gibson has bought shares at twice todays price (39p) and the company has announced that they know of no reason for the fall in share price... Floated at around £1.70 this looks a great speculative buy at todays price to me..|
|jotoha1: Now that was a silly statement to make by the company, it would have done wonders for the share price if a trading statement confirmed that :-
A Sales were increasing substantially and
B losses were being curtailed dramatically
This share will be manipulated to let the big boys out and let the little men in..treat with caution!|
|harry v derci: I was told quite some time ago by a friend who has a contact with one of the large brokerage houses,that this company was a likely bid target.In view of this it seems likely that the share price has been shorted aggressively to reduce the bid price.This is all conjecture of course, but in view of the heavy selling in the last week it seems to me to be a distinct possibility.|
|kevin511: Good reassurance re profits today so lets hope we see the recovery on share price|
|simon gordon: It is impossible for me to materially alter the share price. The myth of ramping and deramping continues!
I do expect the CEO to be fired as he has been far too bullish and he is not gaining traction with distribution, as the share price starkly shows. As to the date of his dismissal I have no clue - it could linger on and on, or the it could be swift.
If I was a large shareholder I would be demanding it now!|
Inion Oy share price data is direct from the London Stock Exchange