Chromogenex Share Discussion Threads

[geraldus] 01/4/2008 15:05

We have lift off? (%0} G.Spotts.

[dina] 01/4/2008 12:19

Well I'm certainly one of them Professor. However I do agree with you that there is at long last some light at the end of the tunnel. Maybe a lot of light! I do think that I will now buy a few and average down seeing that it looks as though a definite recovery in the shareprice is coming soon.

[the_professor] 01/4/2008 10:59

3frog - you're 100% right - there's a lot of disgruntled holders on this thread. Can't blame them really - shareprice has dropped 70% in the last year.

However after yesterday's FT report one can really see a recovery on the cards. Batty what do you think? Still think McGuinness may be looking for a buyer, especially after the SHS deals we've just heard about?

[the_professor] 01/4/2008 10:55

spud - can't see any bad news after yesterday's report??

surely as holders let's not put off potential new investors for goodness sake man!

with an obvious recovery on the cards and with only 60 million shares (most of which are tightly held) I'm very suprised that we've not seen a some speculators or even day traders buying a few!

[3frog] 01/4/2008 08:19

This thread has the feel of Power Talker or Sand Frog.

[spud] 01/4/2008 08:14

Yup, they've certainly got their work cut out to turn this mess of a Company around.

Holding still, but with more hope than substance.

spud

[cyclingnut] 01/4/2008 08:01

read the last 5 RNS statements...........says it all!

[8trader] 31/3/2008 21:05

edit...stop spamming the site with this stock The_Professor !!!

It's obviously a bad company otherwise why would you be so
desperate to offload it onto others !

[the_professor] 31/3/2008 19:40

"We immediately applied for the correct licence. It is a three-month process. We hope to recover sales some time in May," Mr McGuinness said.

is that a full recovery I wonder?

[the_professor] 31/3/2008 15:51

goodgrief - thanks very interesting indeed!


I like this part: "The company's sales have almost doubled in two years."

so I presume that by May we'll be back where we were a year ago and the share price will reflect this??






any thoughts : spud, flateric?

[goodgrief] 31/3/2008 12:36

From today's FT.

Chromogenex to rejuvenate sales in Canada



Chromogenex, the laser skin rejuvenation specialist, has given investors a hair-raising ride for the past six months.

Shares in the maker of medical lasers have lost half their value since last September amid a series of surprise announcements.


A profits warning in January surprised the market after the group, which is based in Llanelli, Wales, said it had problems in Canada. Its products had not met licensing requirements of the country's health authority. Chromogenex had to reverse all sales.

Peter McGuinness, executive chairman, said: "Health Canada believed we didn't have the appropriate licence. We had relied on our distributor in terms of licence requirements. These products don't require full medical licences because they are sold into the beauty market. It was unexpected."

Two weeks before the company had issued an upbeat trading statement confirming that trading would be in line with expectations after record fourth-quarter sales and profits.

"We immediately applied for the correct licence. It is a three-month process. We hope to recover sales some time in May," Mr McGuinness said.

Growth in the market for aesthetic medicine and cosmetic laser equipment is being driven by increased demand for non-invasive cosmetic treatments.

The company evolved out of laser research by the University of Swansea in the mid-1980s. Lasers are used to treat acne and unwanted hair. Chromogenex has engineered laser technology that removes tattoos. The company's sales have almost doubled in two years.

In February, Allan Branch resigned as chief executive "with immediate effect" after less than three months in the post. "There was a fundamental disagreement about strategy in terms of taking the business forward," said Mr McGuinness, who replaced Mr Branch.

The company's growth has been boosted by Chromolite, its flagship laser system for removing body hair, which was introduced in 2004. It is sold in the UK, France, Germany, Canada and the US. The machines cost up to £18,000 ($36,000) each.

Its NLite pulsed dye lasers, which use intense yellow light to treat acne and reduce wrinkles, have been documented in The Lancet.

"We don't see NLite being huge growth. But it will provide a nice, consistent recurring revenue stream. It targets the dermatology market, which is much smaller," Mr McGuinness said.

[goodgrief] 31/3/2008 07:31

VLADIMIR:
We're waiting for 'BIG NEWS'.
ESTRAGON:
And if it doesn't come?
VLADIMIR:
We'll come back tomorrow.
ESTRAGON:
And then the day after tomorrow.

[trghe1] 31/3/2008 06:50

BIG NEWS THIS WEEK

[the_professor] 28/3/2008 18:10

spud - I believe that the're also going to release news on an "exciting new product" so if you're also right about the Canada thing then we could see some buying activity prior to results coming out hopefully!

[a4rdvark] 28/3/2008 16:59

Taking your advice :)


Anyway did not mean you, Batty & co (trge1 etc) i meant.
Chap... lol... i like it.

[spud] 28/3/2008 16:52

Prof - I suspect the 'substantial' news will be Canadian regulatory approval of NLite and Chromolite.

A4rdvark - I never have and never will 'ramp' a stock. How do you think i know? Go on, give your brain a work out.It ain't rocket science chap.

spud

[a4rdvark] 28/3/2008 16:48

Prof dont give in to the rampers....they havent a clue. Spud how do you know they are not to be released until April??

[the_professor] 28/3/2008 16:38

spud - thanks for that! well it seems that Batty & co are right - something is happening!!

[spud] 28/3/2008 16:02

Guys - The Finals will NOT be released until the end of April. I suspect that the reason for the delay over the previous 2 years is because they are planning inclusion of 'substantial' news.

spud

[spud] 28/3/2008 15:16

Skin Health Spa plc select Overview Profile Contacts Reports & Accounts Offerings News Market Data Charts

News



Skin Health Spa Plc (PLUS: SHS), which operates six skin health clinics of which five are in the UK and one is in Ireland, announces that it is in discussions with two separate parties with a view to disposal to them of two or more of the clinics in two separate transactions. The negotiations are at an early stage and either or both may or may not be completed. Pending developments in these discussions, the Company has delayed completion of its accounts for the year ended 31 October 2007. Further information about the progress of the discussions and the completion of the accounts will be issued as soon as possible.

ENQUIRIES:


SKIN HEALTH SPA 08707 800 833
Peter McGuinness, Chairman

NEXUS CORPORATE FINANCE 020 7451 7057
Tony Brown



The directors of Skin Health Spa Plc take responsibility for this announcement.

[the_professor] 28/3/2008 13:10

mideires - are you refering to the sudden rise in the share price over there?

[marbles321] 28/3/2008 12:58

My 3 BIG risers for next week:

CGX
LNX
FEI

[marbles321] 28/3/2008 12:35

Might be tempted to buy a few early next week. Everyone, take a look at LNX very cheap at the moment

[mideires] 28/3/2008 11:46

suggest you check out skin health spa latest