Deltex Medical Share Discussion Threads

[arf dysg] 08/5/2017 15:21

Technically, we haven't established a new bottom. We've just repeated an old one.


Now, would I like to get my hands on a new bottom or an old bottom?

This raises a massive (ahem) ... er ... dilemma.

[fozdad] 08/5/2017 15:00

To attendees of the open day, did the rest of us miss anything of importance?

[yump] 05/5/2017 13:47

Presumably.

Looks like a few grand will drop or raise the price at the moment.

When I said the bottom has left the building, I wasn't thinking it might be Kardashian sized and get stuck in the exit...

[arf dysg] 05/5/2017 13:04

Does that mean that buywell1 and buywell2 sank without trace?

[yump] 05/5/2017 08:38

Given that buywell just appears on various threads knocking shares when they are already down, I'm sure AGM's are at the top of the agenda.

Knocking shares when they shoot up and appear overvalued takes a whole lot more guts.

From memory there's been a buywell 1,2 and 3, all with the same pathetic 'look at me, I can criticise a share that already looks depressed' posts.

I suppose you have to massage your ego yourself if nobody else will.

[parsons4] 05/5/2017 07:29

BigT20 see you there later today !!

[bigt20] 05/5/2017 04:18

Buywell,

I took a guess at when the AGM might be and bought some rail tickets. Nothing to worry about.

See you at the Open Day ...just about to leave!

[sailing john] 05/5/2017 00:04

Buywell
Try the annual report rather than the "results" which are just an abridged version

[buywell3] 04/5/2017 23:17

........................... '' Going Concern '' ..........................


The delays in the results and now the AGM could be due to cash requirements

The recent 400k raised by the BOD at 3.625p / share , is a stop-gap

More cash is now needed , but with losses continuing , the number of mug punters is dropping like the DEMG chart.

Re the results

I have looked at this twice and can see no '' Going Concern '' section

I find this strange as present cash must now be around 500K.

'' Directors of listed companies incorporated in the UK are required by Listing Rule 9.8.6R (3) to include
in their annual financial report a statement that the business is a going concern, together with supporting assumptions or qualifications as necessary, that has been prepared in accordance with this Guidance5.''

''73. Listing Rule 9.8.6R (3) of the FSA requires that the following must be included in the annual financial reports of listed companies incorporated in the United Kingdom: “…a statement made by the directors that the business is a going concern, together with supporting assumptions or qualifications as necessary, that has been prepared in accordance with Going Concern and Liquidity Risk: Guidance for Directors of UK Companies 2009, published by the Financial Reporting Council”. Listing Rule 9.8.10R (1) requires the auditor to review the directors’ statement before the annual report is published.''

[yump] 04/5/2017 10:14

I'd imagine that it won't have cost Deltex much, as if the manufacturer already had lots of traction in the market, they wouldn't be signing exclusive anything.

Guessing that its a 'if you help us incorporate your machine into our ODM, we've got access to NHS and worldwide hospitals' sort of arrangement.

[ramnik007] 04/5/2017 09:43

I just hope the money invested in the new product gives rapid returns.

[yump] 04/5/2017 08:16

There seem to be a few product suppliers, I'd guess at one of the smaller ones, as I don't think Philips would be giving any exclusive licences.

Try this search:
"impedance cardiography equipment"

The addition of it sounds like it might remove a few of the obstacles in the UK, where clinicians stick to their 'own' way of doing things.

[amt] 04/5/2017 07:44

So who developed and owns this new product ?

[buywell3] 03/5/2017 22:57

And why has it gone back ?

[bigt20] 03/5/2017 21:02

I notice that the AGM is the 9th June 2017.

[arf dysg] 03/5/2017 10:35

I think it was Rothschild who said, "Buy when there's blood on the streets; sell when the violins are playing."

[yump] 03/5/2017 08:58

All anyone needs to do is to get a spreadsheet and put in some growth numbers for the new accounts that were gained after end 2014, then you'll see what effect that could have.

They don't need to get anywhere near 150 probes a month to jump the revenue.

This is what was supposed to happen in the NHS, but of course the NHS works 'differently' (as in it takes years just to try a few new minor things, let alone something major).

Of course, its all dependent on it happening, as it was with the NHS, but at this point risk/reward seems much better imo, as the US seems much more positive. It doesn't seem to have required years of trials to get a fair few accounts.

Although because the share price has tanked from a few years ago, sentiment is outweighing everything else, just as it did when the future was rosy and the share price was 30p.

and of course, pessimism looks more realistic than optimism, just because of the sp, as optimism looks more realistic than pessimism when a share price has flown too high.

[parsons4] 03/5/2017 08:43

buywell3 I will be there this Friday, we will see !!!

[buywell3] 02/5/2017 22:43

The results did not contain any information of a new contract or news of a capital raising

With only around £0.6M cash left , cash will be needed within 2 months

A few months ago the BOD stumped up last time with a temp fix at around 3.7p raising £400k

£3M is needed and with this years losses looking like around £1.5M based upon the recent results

The number of mug punters is diminishing so the BOD might have to dig deep again

3p a share might tempt some

[yump] 28/4/2017 14:26

GBH :-))

Should be a new 'currency' to cover AIM stocks.

[parsons4] 28/4/2017 13:49

gbenson1 that was me !!!!

[chrisdgb] 28/4/2017 13:24

Didn't realise that the next tranche of the EU grant could be 2.5m.......if successful

[arf dysg] 28/4/2017 12:40

The loss per share is the smallest ever. It is 0.84p loss per share. This is because the number of shares is the largest ever.

_______ProfitPerShare
___________________|
_________profit____|
_____________|_____|
_turnover____|_____|
______GBP___GBH____|
year__(m)___(m)___(p)

2014 6507 -2990 -1.40
2015 6400 -3486 -1.59
2016 6300 -2400 -0.84



You'll notice that I measure profit, not in millions of GBP but in millions of GBH, because this is what is happening to our wealth.

[gbenson1] 28/4/2017 11:39

Looks like a few more distressed sellers have had enough, why don't they all just sell up and move on, it's very cathartic. Guess they were waiting yesterday for the .12 or .25 rise on the release of the results. Nice to see to 50k buy person is back!!

[arf dysg] 27/4/2017 17:42

...and an account is roughly one hospital


...and there are a lot of hospitals in the USA.