Deltex Medical Share Discussion Threads

[djgrantb] 15/1/2016 14:12

Call me stupid if you will, but the share price has only just moved up from 4p in late Nov, don't think sellers are taking profit bearing in mind spreads, more like leveraging price down to buy at lower level, volumes are still really thin, would like to see figures on company debt and cash in hand moving forward.

[bigt20] 15/1/2016 13:52

BTW - Wall of worry, is the name i give to a share whose graph shows a fairly steep line upwards. It usually settles after a few days of going up.

[trotterstrading] 15/1/2016 13:37

Let the sellers leave, I have a strong feeling they will regret their decision in the coming months, the real gains have not even started yet IMO.

[djgrantb] 15/1/2016 13:06

Wall of worry? Only invest what you can afford to lose. I used to worry in time in military, now life's a beach. Been here for a long while, this medical technology is a good step in improving patient recovery, just need to convince medical buyers to get on board, NHS is a non starter they don't have enough funds for staff, never mind embracing patient comfort. I'm hoping Uncle Sam can see positives.

[bigt20] 15/1/2016 12:44

djgrantb,

It looks like your short term traders have been active or its a case that people cant handle the "wall of worry"

[yump] 15/1/2016 12:24

Is the first Canadian one due, only they won a tender back in July that opened up a few hospitals and I think sold some monitors.

[bigt20] 15/1/2016 10:57

Spike_1 15 Jan'16 - 10:26 - 7728 of 7730

I'm hoping they might just tell us whether they have any more US accounts.

[bigt20] 15/1/2016 10:56

djgrantb 15 Jan'16 - 10:13 - 7726 of 7729 0 0

......., sincerely hope day traders havent moved in


Agreed.

[fozdad] 15/1/2016 10:40

That's true Spike, but if the trading statement confirms the expectations of increased sales from US accounts, stability in UK sales and reduced overheads, it will give more confidence in the business plan.

[spike_1] 15/1/2016 10:26

My concern - such as it is - is that this is a trading statement (prior to results), it will tell us how we have been doing with backward looking figures, I'm not sure how much it will include a forward looking statement - obviously the results will, and that is what we anticipate to cause a re-rating.

Here is the last trading statement, see what you think about the extent to which they provide a forward looking view:



Best wishes - Mike

[yump] 15/1/2016 10:18

Would think at some point Deltex is going to come up on the radar of acquisitive US companies - probably needs a jump in revenue first. Its possible I suppose that the US Biotech Investment event get some information about teh UK one from December. Its the same organising company - i'm sure their marketing will include successful past event commentary.

[djgrantb] 15/1/2016 10:13

Deltex has made steady progress in the US, this hasn't been reflected in the sp, nice rise over recent days from 3 year low, would like to see larger volumes then upside will have some traction, imho think uptick in share price is speculation of long awaited strong update, hope it doesn't disappoint, held this stock for 15+ years, sincerely hope day traders havent moved in lol

[trotterstrading] 15/1/2016 10:01

It's easy to see why LTH are disgruntled the share price performance up until now has been woeful, but the company are now entering a new and exciting phase of their development. I'm expecting BIG things from DEMG in the next 12 months or so.

[yump] 15/1/2016 09:55

That's still only around £15,000 of shares traded. Perhaps its finally reached a situation where everyone who wants out is out and any larger holders overhang has gone...

[spike_1] 15/1/2016 09:51

BigT20 - they have acknowledged UK sales are weak, hopefully the trading update will give a clue to how the US is going relative to target. If it doesn't do that, then as you say, there is potential for the actual figures by themselves, to be disappointing.

Best wishes - Mike

[bigt20] 15/1/2016 09:10

TrottersTrading,

That trading statement depends on whether UK sales have stabilised.

[trotterstrading] 15/1/2016 08:26

Looking good this morning in a very weak market. Expect a huge re-rating in the share if the trading update is as positive as I expect.Cheers

[parsons] 14/1/2016 17:32

Yes Ewan does know his stuff and is very very positive I will buy some more (average down)in the morning. I think we are looking at a 2 year time frame !!

[yump] 14/1/2016 17:32

I watched that video again. The comments about cash generation once it gets going sounded promising. Its sounded promising before, but now there actually is traction.

There was also a comment that in the US, companies will pay high multiples for cash-generating companies with USD sales and that small companies do all the initial work.

There's another conference in the US, end January, but no participants mentioned as far as I can see. DEMG appearing there as well could prove interesting.

[trotterstrading] 14/1/2016 14:40

Looking strong, a positive trading update could really put this share on an upward trajectory.

[arf dysg] 14/1/2016 11:02

It's shooting up! I do like shooting up!

[spike_1] 14/1/2016 08:46

Hi TT, it was a mention by you on another BB that got me interested ;0)
I now have 75k, still peanuts but if the recent sales estimates are on target or (I'm guessing) possibly ahead, there is plenty of upside still to come.

A trading update is immanent - so we shall soon find out. The last 25k at mid is I suspect a sell, but it is at mid which augers well, and the two MM's want to take 25K of us but will only sell us 15k so there is demand there. (I'm not a trader by the way, but I am recently retired and have the time to look at L2 over extended periods to look for clues). Edit: now 3 MM's at 4.75 (total 65K) against only 1MM at 5.25 (15k), looking even better ;0), Edit: now moved up to 1mm on 5p (25k) to sell, next move likely to be the buy at 5.25 going - we shall see ;0)


Edit: Also currently undergoing a head to head comparison in UK, could if successful make a considerable difference. Does anyone know who it is against?

Best wishes all - Mike

[ramnik007] 14/1/2016 08:41

Hoping trading update will be positive and provide share price momentum upwards for a change!