Deltex Medical Share Discussion Threads

[ramnik007] 29/1/2016 13:30

Certainly a fair chunk......does he know something we dont?

[bigt20] 29/1/2016 11:56

I think it says alot that the Chairman is prepared to put in £1m of his own money.

[arf dysg] 27/1/2016 17:03

zho,

I have read that RNS item on Investegate dated 6th of May 2015.

"Following the issue of these new shares the Company will have a total of 214,608,390 ordinary shares of 1p each in issue."

OK, so far, so good. So I went to the London stock exchange again...

I searched for RNS items from 1st April 2015 to 1st of June 2015 and I got:



Medical Group PLC- DEMG Result of AGM
13:01 12-May-2015 RNS

Deltex Medical Group PLC- DEMG First US 'remote training' account
07:02 06-May-2015 RNS-R

Deltex Medical Group PLC- DEMG Chairman's Statement to Annual General Meeting
07:01 06-May-2015 RNS

Deltex Medical Group PLC- DEMG Board Changes
07:00 24-Apr-2015 RNS

Deltex Medical Group PLC- DEMG New US dedicated trainer account
07:00 22-Apr-2015 RNS-R

Deltex Medical Group PLC- DEMG Additional Listing
11:40 20-Apr-2015 RNS

Deltex Medical Group PLC- DEMG New US dedicated trainer account
07:00 01-Apr-2015 RNS-R


...which includes 2 items on the 6th of May, but NOT the one from Investegate. This is crazy: surely an RNS item should go to all channels, including LSE and Investegate. Instead, we see one item on Investegate and other items on LSE.



On the other hand, if you go to Deltex Medical's web site, investor relations --> share information, you get:

"Number of shares in issue

The company’s issued share capital comprises 219,584,986 ordinary shares of 1p each. All of the shares are fully paid; no shares are held as treasury shares. The percentage of shares not held in public hands is 8.03%.

Identity and percentage holdings of significant shareholders
...."

...and that does seem to be the most recent number of shares.

[gnnmartin] 27/1/2016 16:56

I was very relieved to read today's RNS. Although the deal isn't yet done, it looks as thought the company is not dead yet, in spite of the need to repay the £1m loan in February. I don't know if they can make it even with the new money, but things are looking better for the RNS.

[zho] 27/1/2016 12:22

Hi Arf,



"6 May 2015 Deltex Medical Group plc ("Deltex Medical" or the "Company"), the global leader in oesophageal Doppler monitoring ("ODM"), announces that it has issued a total of 706,244 new ordinary shares ... Admission to trading on AIM and dealings in the New Ordinary Shares and Option Shares are expected to commence on 12 May 2015. Following the issue of these new shares the Company will have a total of 214,608,390 ordinary shares of 1p each in issue."

Any help?

Edit: this leaves 100,893 shares unaccounted for.

See

In addition to the above, the Company also announce
s that it was notified on 30 April 2015 that a
number of former employees have acquired 100,893 or
dinary shares of 1p each (“Option Shares”),
as the result of the exercise of options under
the Company's 2003 and 2013 Enterprise Management
Incentive Schemes.

[arf dysg] 27/1/2016 12:12

zho, thank you, but in that case the London stock exchange has a problem.


From their web site (Deltex regulatory announcements; search by date):



... I select the 12th of May announcement:




...which says:


Deltex Medical Group plc
Result of Annual General Meeting
12 May 2015 - Deltex Medical Group plc, the global leader in oesophageal Doppler monitoring, announces that all the resolutions proposed at the AGM held on 6 May 2015 were duly passed.



Surely, for the issue-of-shares announcement to be of any use, it should be accessible by typing "DEMG" into the stock exchange's search tool?

[arf dysg] 27/1/2016 12:01

One for the technology boys in Deltex?

[zho] 27/1/2016 11:51

Hi Arf,

If I google "Deltex 807,137 shares" I get this which says that 807,137 shares were admitted to trading on the 12th May.

[yump] 27/1/2016 08:33

Its the first half this coming year that's going to be 'interesting'... can't imagine the share price doing much until then, although at finals there may be more news on outlook and growth.

[yump] 27/1/2016 07:19

Pretty much spot on Feb.

Although the NHS is supposed to be one of the best healthcare services in the world, its shameful how long they take to get up and running with anything.

The new US account: evaluated in December, decision now and to be implemented in April.
The US is not messing about.

Fortunately the NHS is not where reliable growth is being relied upon any more.
Other areas are growing fast.

[february 30th] 26/1/2016 17:38

The very late pre-close statement is surprising, and it is also surprising that the share price is holding up.

I suppose one explanation might be a take-over, but that is surely very unlikely. Ewan thinks Deltex can still be "big company", and the most anyone is going to pay for Deltex right now is surely 10-15p. I suppose a management buy-out is possible, but overall, these kind of possibilities are surely very, very unlikely.

A more likely explanation is that the details of extra funding are required. Probably two million pounds is needed, to be safe, and that can be covered by issuing 50m shares at 4p.

I don't think a pre-close statement would be delayed by the desire to announce new accounts in the US, or by the results of a new trial, but I may be wrong.

[sheeza] 25/1/2016 18:46

Takeover, I guess

[fozdad] 25/1/2016 08:46

The Pre-Close update must be imminent, they told me they were planning to release it last week

[arf dysg] 22/1/2016 13:47

Is it a bit jumpy today or am I imaginatifying it?

[bigt20] 18/1/2016 20:55

OT

Looking at that top right graph:

Fly me to the moon!

[arf dysg] 18/1/2016 10:19

This was more relevant in the recession, where banks were going BOOM! every other day:


What's the difference between a pigeon and a merchant banker?


A pigeon can still put a deposit on a Ferrari.


djgrantb, I like your answer.

[trotterstrading] 18/1/2016 08:24

The buyers are back.. Looks like more than just pure speculation to me? Update must be very soon!

[gnnmartin] 16/1/2016 12:24

The 'wall of worry' is part of an old saw: "A bull market climbs a wall of worry, and a bear market slides on a cushion of confidence". The adage is slightly less relevant nowadays, because news travels fast so the herd takes less time to get moving.

[djgrantb] 16/1/2016 06:41

Nothing, they both sh1t on ya....

[spike_1] 16/1/2016 01:36

Arf: and the answer is ........

[arf dysg] 15/1/2016 16:47

What's the difference between a pigeon and a merchant banker?

[arf dysg] 15/1/2016 16:46

Jumping on the bandwagon
excitement everywhere.
I'm so high I've got the feeling
That I'm walking on air.


It's a popular delusion
That we all can make a buck
But I see in this confusion
One of us is out of luck.


Jumping out the window
Panic everywhere.
Soon you'll have the feeling
That you're walking on air.

[yump] 15/1/2016 14:55

I've never heard the opposite - there must be one - we've all gone through it here.

Is it a decline of despondency ?

I guess there's also the plummet of panic

[arf dysg] 15/1/2016 14:14

I've heard the phrase "wall of worry" used to describe the mood of the stock market. It's all part of the fear and greed phenomenon.