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CREO Creo Medical Group Plc

18.80
0.80 (4.44%)
24 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Creo Medical Group Plc LSE:CREO London Ordinary Share GB00BZ1BLL44 ORD GBP0.001
  Price Change % Change Share Price Shares Traded Last Trade
  0.80 4.44% 18.80 806,601 16:35:07
Bid Price Offer Price High Price Low Price Open Price
18.00 19.00 18.50 18.375 18.375
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Surgical,med Instr,apparatus 30.8M -21.7M -0.0600 -3.08 65.07M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:07 UT 21,500 18.80 GBX

Creo Medical (CREO) Latest News

Creo Medical (CREO) Discussions and Chat

Creo Medical Forums and Chat

Date Time Title Posts
20/1/202521:03Creo Medical Group PLC 20231,038
08/6/202315:55Creo Medical Group... 2017623
03/12/201812:41First use of Speedboat in mainland Europe-
09/12/201614:52China Real Estate Opportunities3
27/6/201211:52having a look......1,095

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Creo Medical (CREO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-01-24 16:35:0718.8021,5004,042.00UT
2025-01-24 16:20:1418.606,1821,149.85O
2025-01-24 16:15:4718.207,5861,380.65O
2025-01-24 16:15:4318.2014,9682,724.18O
2025-01-24 15:30:0418.606,6001,227.60O

Creo Medical (CREO) Top Chat Posts

Top Posts
Posted at 25/1/2025 08:20 by Creo Medical Daily Update
Creo Medical Group Plc is listed in the Surgical,med Instr,apparatus sector of the London Stock Exchange with ticker CREO. The last closing price for Creo Medical was 18p.
Creo Medical currently has 361,476,442 shares in issue. The market capitalisation of Creo Medical is £66,873,142.
Creo Medical has a price to earnings ratio (PE ratio) of -3.08.
This morning CREO shares opened at 18.38p
Posted at 15/1/2025 07:03 by bloomberg2
Creo Medical Group plc("Creo" the "Company" or the "Group") First robotic-guided lung ablation cases commenceas part of Intuitive collaboration agreement Robotic-guided microwave ablation of cancerous lung tissue now being undertaken at two UK sites Creo Medical Group plc (AIM: CREO), a medical device company focused on the emerging field of minimally invasive surgical endoscopy for pre-cancer and cancer patients, announces that the first robotic-guided microwave ablation of cancerous lung tissue cases have commenced at a leading UK hospital (the "Hospital"). As announced in July 2024, the Company amended its multi-year collaboration with Intuitive and this latest robotic-guided microwave ablation procedure for lung cancer is the first clinical case using Intuitive's Ion Endoluminal System and Creo's MicroBlate™ Flex ablation device to take place under the amended terms of the agreement at the Hospital. The Hospital is now the second site to have performed microwave ablation procedures for lung cancer. The first UK site to perform such procedures was the Royal Brompton Hospital as part of an ongoing clinical study1 conducted by Professor Shah. The Pioneer Programme will continue to roll-out throughout 2025 to support the collection of clinical evidence ahead of the sites entering a commercial phase, and the Company expects the number of procedures performed to grow in the current year. Craig Gulliford, Chief Executive Officer of Creo, said: "We are delighted that this first clinical site under the Pioneer Programme, representing a second UK clinical site, has started clinical practice and successfully completed their first robotic-guided lung cancer ablation procedure using Creo's MicroBlate Flex alongside Intuitive's Ion Endoluminal System. With both the clinical study at the Royal Brompton and this site as part of the clinical Pioneer Programme, we now have two UK hospitals undertaking these procedures. These sites, under the amended collaboration agreement with Intuitive, will provide us with the clinical evidence needed to support the wider commercialisation of the MicroBlate Flex device. We look forward to updating shareholders on our progress."
Posted at 16/12/2024 07:52 by bloomberg2
Creo Medical Group - Director/PDMR Shareholding #CREO @CreoMedical https://www.voxmarkets.co.uk/rns/announcement/b7145a4a-507a-4212-9f60-6de198ef2813 #voxmarkets undefined
Posted at 12/11/2024 18:28 by parob
"The recent announcement of an agreement for the sale of 51% of Creo Medical Europe represents an excellent strategic partnership opportunity for Creo. The partnership will support our continued commercial growth through Creo Europe with access to the wider Micro-Tech product portfolio secured under the Creo Brand. This product range will also be available to Creo's core sales teams globally to complement our advanced energy portfolio. Additionally, we have the potential to secure product registration and co-branding in China with our advanced energy products which will help our APAC growth in the future. "Over the next six to 12 months, we expect to see the continued growth rate of our core sales, driven by Speedboat UltraSlim, but with developing progress in our other product groups. I thank shareholders for their continued support during the period and look forward to providing further updates."
Posted at 12/11/2024 16:05 by purchaseatthetop
Actually I was benchmarking STX and CREO…

“Interesting comparisons between STX and CREO. So thanks to Parob for coming to the board to try to upset me.

CREO have spent £157m if retained losses getting to losing £10m every six months.
Overhead of £40m a year. Sales about £30m. No revenue growth. 47% gross margin.

STX have spent about the same of retained losses getting to losing the same amount every six months. Overhead about the same. 250% revenue growth with similar revenue now. same gross margin. Likely £65m plus revenue 2025.

STX market cap £21k
CREO market cap £75m

Certainly seems one is under or overvalued. Very similar in many ways.”

Seems like valid analysis. Just checking my investment in STX makes sense. I would not have noticed CREO ever except for Parob coming over to taunt me. But he did. And so I got interested. Happy to be involved in discussions. Good to meet you all.
Posted at 12/11/2024 12:14 by purchaseatthetop
The problem is that it is going nowhere

Total revenue of £15.2m (H1-2023: £15.7m)
Gross margin stuck at 47%
Losses of £10m each six months.

The hope of the 51% strategic sale looks very uncertain

We announced on 18 September 2024 that Creo has entered into a binding agreement with Micro-Tech (NL) International B.V., a wholly owned subsidiary of Micro-Tech (Nanjing) ("Micro-Tech") for the sale of 51% of the issued share capital of Creo Medical S.L.U. ("Creo Medical Europe"), a wholly owned subsidiary of Creo, at an equity value of €72m (the "Sale") on a cash-free, debt-free basis.

The net proceeds payable to Creo from the Sale (the "Proceeds") will strengthen the Group's balance sheet, enabling us to continue to invest in our core Creo and Kamaptive business and deliver on our commercial and operational objectives. The Proceeds are expected to be approximately €30m, which will be payable in cash on completion. Ongoing shareholder terms have also been agreed which include a future exit framework for Creo.

Along with other customary conditions, completion of the Sale is contingent on Micro-Tech obtaining Outbound Direct Investment clearance in China along with Foreign Direct Investment clearances in Spain, France, Belgium and Germany. Whilst there is no certainty as to receipt or timing of receipt of the necessary approvals to enable completion, it is expected that completion will take place during Q1 2025 dependent on these relevant clearances being obtained.

Too many future uncertains.
Posted at 12/11/2024 10:01 by parob
Few more for me on that drop. The share price down here is very close to the all time low which we hit on Friday of last week at around 16.25p so there really are not that many in profit around this level. There may be a few that sell for 10/15% I suppose and perhaps thats what we saw earlier. I am hopeful the recovery will speed up once these initial profit takers are out. At 18p to buy the share price is 25% cheaper than the recent £12M placing price of 24p where the directors put about £750k in.
Posted at 11/11/2024 08:38 by parob
Good to see strong interest this morning following Friday’s high volume day where we saw a lovely dragonfly doji candle form on the chart, hopefully signalling the bottom.

The last time CREO did a placing (Feb 2023), the placing price was 20p and I think the lowest price the share price dropped to was 24/25p so demand was there.

I think a large seller has provided a lovely entry opportunity here. It was 30% lower than the placing price (24p) at one point and even at 20p you’re still getting an almost 20% discount. Considering the price action on Friday I think that late 724K delayed sell I noticed from Thursday was the final amount from the seller. Added more today.
Posted at 06/11/2024 09:47 by 1swifty
Frustrating times with Creo. No news, share price dropping, lots of sells. Crazy fall since the impressive and positive news of stake sold in Creo Europe. If sale goes through cash available could be significant percentage of current market capital thus making current share price crazy low.
Posted at 19/10/2024 09:41 by networker
I am not aware if CREO made any comments at yesterday's EGM held in Bristol.
Here are their recent (official) comments on recent events:-

"As you know the Company announced its strategic partnership with Micro-Tech and the intended disposal of a 51% stake in Creo Europe. Unfortunately, Creo Medical wasn’t in a position to arrange the Placing to coincide with the disposal. After the Micro-Tech news was released a broker’s research note was published that restated again the analyst’s view that the Company had a funding requirement, and that they continued to assume that Creo Medical would need additional cash to bridge through to proceeds from the disposal (although less than previously expected given the transaction). Given the current environment of the equity markets this led to a drag on the share price.

In addition, since the announcement of the fundraising, there has been an institutional seller in the market (for non-Creo specific reasons), which has caused further downward pressure. At the same time as there has been a lack of buying activity across equity markets generally due to concerns about what might be announced in the upcoming budget. The Company and its advisers are working hard to ensure that this overhang is cleared and that the share price recovers. "
Posted at 17/10/2024 16:36 by bloomberg2
17 October 2024Creo Medical Group plc("Creo" or the "Company") Result of Retail Offer Further to the announcements dated 30 September 2024 and 4 October 2024 in relation to the Retail Offer, Creo announces that, following the closing of the Retail Offer by BookBuild earlier today, 369,109 Retail Offer Shares will be issued at an Issue Price of 24 pence per Retail Offer Share in connection with the Retail Offer. Consequently, a total of 50,369,109 New Ordinary Shares, comprising 50,000,000 Placing Shares and 369,109 Retail Offer Shares will be issued conditional on the passing of the Resolutions by Shareholders at the General Meeting to be held on 18 October 2024. Admission, settlement and dealings Application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. Admission is expected to take place at 8:00 a.m. on 21 October 2024 and dealings in the New Ordinary Shares are expected to commence at 8.00 a.m. on 21 October 2024 or such later time and/or date as the Joint Bookrunners and the Company agree (being in any event no later than 8.00 a.m. on 11 November 2024). The New Ordinary Shares, when issued, will be credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares, including the right to receive all dividends and other distributions declared, made or paid after the date of issue. Capitalised terms used but not defined in this announcement have the same meanings as set out in the circular to Shareholders dated 1 October 2024. For further information please contact: Creo Medic
Creo Medical share price data is direct from the London Stock Exchange

Creo Medical Frequently Asked Questions (FAQ)

What is the current Creo Medical share price?
The current share price of Creo Medical is 18.80p
How many Creo Medical shares are in issue?
Creo Medical has 361,476,442 shares in issue
What is the market cap of Creo Medical?
The market capitalisation of Creo Medical is GBP 65.07M
What is the 1 year trading range for Creo Medical share price?
Creo Medical has traded in the range of 12.625p to 42.80p during the past year
What is the PE ratio of Creo Medical?
The price to earnings ratio of Creo Medical is -3.08
What is the cash to sales ratio of Creo Medical?
The cash to sales ratio of Creo Medical is 2.17
What is the reporting currency for Creo Medical?
Creo Medical reports financial results in GBP
What is the latest annual turnover for Creo Medical?
The latest annual turnover of Creo Medical is GBP 30.8M
What is the latest annual profit for Creo Medical?
The latest annual profit of Creo Medical is GBP -21.7M
What is the registered address of Creo Medical?
The registered address for Creo Medical is BLOCK B, BEAUFORT PARK, CHEPSTOW, SOUTH WALES, NP16 5TY
What is the Creo Medical website address?
The website address for Creo Medical is www.creomedical.com
Which industry sector does Creo Medical operate in?
Creo Medical operates in the SURGICAL,MED INSTR,APPARATUS sector

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