Mediwatch Share Discussion Threads

[davidosh] 28/11/2013 14:14

If they are genuine and concerned about shareholders understanding why the deal has been done or structured in a particular way then they would ring you especially as a known long term holder and supporter of the company.

Anything else and I suspect you will never have contact.

[barrywhit] 28/11/2013 14:05

Hi Opto,

That's a sell, there was a buy 260k the other day though (buying a small profit)....

Just goes to show the calibre of the Directors Opto i'm afraid....but what can they say really, sorry for stitching you up.....LOL

[optomistic] 28/11/2013 13:56

Good afternoon Barry, yes it is a poor show, especially as you are known to him.
Have you noticed the buy for 4K this morning, do you think it's someone that is not aware of the 'Scheme of Arrangement' being in place?

[barrywhit] 28/11/2013 13:42

What a shame no mention of shareholders in Mr.Karim's statement below:

Omer Karim, Chairman of Mediwatch, commented:

"The proposed acquisition by Laborie will bring many advantages for both the Mediwatch and Laborie businesses and the board believe the fit between the businesses is good. Although, the benefits of the corporate restructuring we have undertaken in the last 18 months are starting to come to fruition, we believe that the future outlook for our customers and employees would be significantly enhanced if we were part of a larger group."

[barrywhit] 28/11/2013 13:35

Afternoon All,

Still not had any replies to my emails to Philip Stimpson, poor show!!

[totally banjo] 28/11/2013 12:27

Then again not strange as I would imagine most investors are waiting for The Scheme Document to be published before making any decisions:

18 November 2013

"The Scheme Document, containing further information about the Acquisition and notices of the Court Meeting and the General Meeting, will be posted to Mediwatch Shareholders as soon as practicable and, in any event, within 28 days of this announcement.

It is expected that the Scheme will become effective in January 2014, subject to the satisfaction or waiver of the Conditions and certain further terms set out in Appendix 1 to this announcement and to be set out in the Scheme Document."

[totally banjo] 28/11/2013 10:43

All very strange!

[barrywhit] 26/11/2013 07:02

There are a lot of us not happy Banjo......

[totally banjo] 26/11/2013 01:10

Bioshock: Infinite Tribute - Beast of America





Oh,you did,never mind!

[totally banjo] 25/11/2013 23:16

Not happy though!

[barrywhit] 25/11/2013 19:24

Smart thinking Banjo.....LOL

[totally banjo] 25/11/2013 17:05

Expressing my view via pictures rather than words and so avoiding a court appearance,I thought was the best option!

[davidosh] 25/11/2013 15:59

Have any of you looked at Inditherm IDM which is another medical products company with one key difference to MDW....Private individuals own about 80% of IDM as the institutions pretty much all sold out at the very bottom of the market. The directors have about 10% and they are all very sound with good reputations.

There is a very good review of the investment case here...



I have appreciated the in depth research and coverage by loyal shareholders on this board and just suggesting that you might appreciate doing the same research into IDM. I have a holding and have arranged two presentations with the directors. There will be a third one after the final results in March.

I cannot promise anything but if there is ever to be a consideration of a bid or offer to buy Inditherm then I do know that I will be consulted and that the large shareholders are driven by the same considerations for all shareholders getting the very best in shareholder value from the products they have.

[barrywhit] 25/11/2013 14:59

We may well find out what they will do pinkfish, it is not certain that they will get 75%....the sellers have dried up.......so far they have 41.89% irrevocable, roughly 5% been sold into the market, but we don't know who holds them......interesting!

[p1nkfish] 25/11/2013 14:26

Small profit but if it goes through quickly it could be a reasonable equivalent annual % return.

Still curious to know what they will do if they don't get the 75%?

Read page 25 of the document.

[barrywhit] 25/11/2013 13:28

Afternoon Bentley,

Yes, we have all been turned over, still waiting for a reply to my emails...LOL

[bentley4boy] 25/11/2013 13:24

Afternoon Barry and everyone left here !
Nothing really to add to the general feeling of being turned over.
Best wishes to all.

[barrywhit] 25/11/2013 12:36

Hi Tissue,

Thanks, Some-one buying a small profit then....

[tissueboy2] 25/11/2013 12:21

Hi Barry,

That's a buy. Barclays will sell that number at 5.89

[barrywhit] 25/11/2013 11:46

Morning anyone that is left on the thread.

Do we have a buyer 260K @ 5.89p or are they upping their bid price???

[barrywhit] 25/11/2013 11:28

Morning Banjo,

I love the kippers in the header......LOL

[p1nkfish] 24/11/2013 10:39

Don't be frightened to vote NO.

[p1nkfish] 24/11/2013 10:33

The offer can only remain open until end of March 2014.
If they don't have 75% they can't takeover under a scheme of arrangement.

If they want complete control they will have to get to 75% so will have to make up the difference.

Unless they reach 75% by end of March 2014 and have all the paperwork done they have to start again or walk away or live with a hybrid arrangement.

Reading page 25, the question is what they will do to get to 75% if they really have to and want Mediwatch and have 50%+? It may already be 75% depending on what happens to the < 1% holders but if some dig their heels in it could get interesting.

[totally banjo] 24/11/2013 10:13

IF (that's a big if) Mediwatch are as good as portrayed:

"Mediwatch are manufacturers and suppliers of high-technology Urology and GI diagnostic products, with a full range of disposables, and dedicated teams for service, clinical training & support. Mediwatch has offices in the USA and UK, and a full network of distributors around the world." Along with the potential of PSAwatch

Therefore as Laborie/Mediwatch have put this 'friendly' take-over in place to make it very difficult for other interested parties to put an offer forward then another route may be the Competition Commission......again this is IF Mediwatch is worth more than 6p or indeed worth more than 6p to stop Laborie gaining any possible advantage in the Urology and GI diagnostic sector


"The Acquisition will lapse if before the Meetings it (or any part of it) is referred to the Competition Commission, or results in the European Commission, pursuant to Council Regulation (EC) 139/2004, initiating proceedings under Article 6(1)(c) or making a referral to a competent authority of the United Kingdom under Article 9(1). In such event, none of Laborie, Mediwatch or Mediwatch Shareholders will be bound by any term of the Scheme."