Deltex Medical Share Discussion Threads

[troutisout] 28/2/2018 16:32

Hi yump,

If he smoked 200 cigarettes a day for 50 years, he must have had some will power to give up for so many years.....Or did he start smoking when he was 60?

[yump] 28/2/2018 16:28

A lot of bickering ?!

No, one idiot who doesn't understand maths and others trying in vain to explain. I don't see the point in engaging with anyone who just appears on shares that have dived for some unknown reason.

As for the 'should have listened to (whoever)' as they have retrospectively got it right, I assume that comment is from the world of 'my dad smoked 200 a day for 50 years and lived to 110' bad science.

[mondaytuesday] 28/2/2018 15:44

Can l watch coronation street on these monitors?

[wigwammer] 28/2/2018 07:44

Last interims gross margin rose from 64% to 76%... make of that what you will. My point - Ewan is likely to know considerably more than anyone else on here - and he has just bought a sizeable number of shares for the first time in memory. Presumably he expects they will rise in value.

[gavapentin] 27/2/2018 19:23

Still a lot of bickering on here I see

[parsons4] 27/2/2018 19:19

buywell3 They sell or give away monitors so that they can then SELL probes at a huge margin. If you don't understand that then you should not be investing here or anywhere come to think of it !!!

[buywell3] 27/2/2018 18:34

What have DEMG been selling monitors for ?

What were they selling them for in France before this extension tender of previous tenders ?

Seems to me that margins are now falling

But I wait to see what folks post

dyor

[the count] 26/2/2018 17:51

--->BUYWELL3

How does the sale of 50 monitors on small margins make the deal loss making?

They are selling them above cost.... at a profit, albeit a small one. This facilitates the sale of more probes at much higher margins. All this leads to the continuation of existing, or the creation of new, business.

How does that constitute selling at a loss?

You keep making post after post where 2 + 2 = 1... try getting your logic right. Unless of course, you are working to a different agenda.

THE COUNT!

[buywell3] 26/2/2018 16:30

The way I see the last two RNS's about USA and French tender

Clients seem to be asking for more from Deltex

As the French tender demonstrates

The supply of 50 monitors for peanuts in this year 2018 must impact on the bottom line

ie as I see it , it will be loss making

Hence my question re how many probes minimum in year one

[wigwammer] 26/2/2018 13:27

Ewan bought 1.6m in the raise. He wanted more but was scaled back. He later bought 800k through options @1p. So a total of 2.4m or around £30k. I'd say that was pretty chunky :)

[gavapentin] 26/2/2018 12:28

Is it a chunky buy or a token buy?!

[wigwammer] 26/2/2018 12:15

Hi gav, yep... a dog! Sales now split evenly between U.K. , US and row, so not as dependent on U.K. They appear to be repeatedly attacking costs - as emphasised again in the cash raise documents. Think they realise it is now or never. Sounds as though the investment in the combination product is largely complete. Circa £2m cash runway. Most suggestive of all - Ewan Phillips has bought shares for the first time I can remember. Follow the money and all that! DYOR IMHO

[gavapentin] 26/2/2018 11:22

Strewth - I have not been here for a while but the price is truly shocking.

I am not here to gloat. I have lost plenty in other shares in the past and it grates!

[parsons4] 26/2/2018 10:27

I agree wigwammer which is why I believe that at last we just may now have turned the corner !!

[wigwammer] 26/2/2018 10:17

Reason to be bullish - Ewan Phillips has bought shares for the first time in years. Looking at the share price - he has been right to abstain up until now, so this may prove a tipping point. For all the discussion, argument, optimism, disappointment on display on this board over the years - I suspect there is less than handful of people who really know what is going on. EP is one of them.

[wigwammer] 26/2/2018 10:11

In fairness to buywell, he has called this stock down for years, and been correct. Some should have listened. The point about the Paris contract seems incorrect though - the gross margin made on the probes will have helped reduce losses at group level.

[bigt20] 26/2/2018 08:08

buywell3
24 Feb '18 - 17:20 - 9248 of 9250

Before you post on this thread, may I suggest you do some research and understand how DEMG operates in France, otherwise you run the risk of making yourself look like a *.

[arf dysg] 25/2/2018 18:52

buywell3, if you want answers to those questions, why don't you phone the company and ask them?

[parsons4] 25/2/2018 08:49

How can this tender be loss making ? The monitors were sold at a very small margin and I would presume that the probes will be sold at their normal very healthy margin. This is obviously additional business !!!!

[buywell3] 24/2/2018 17:20

Re the latest French tender win , which is in fact an extension of previous tender wins

''The terms of the tender, which replaces a previous tender originally awarded in 2011 and extended in 2014, requires Gamida to supply 70 new CardioQ-ODM+ monitors free of charge to AHPP hospitals. Deltex is supporting this requirement by supplying the monitors at very low margin and has this month received orders of GBP0.1m for 50 monitor systems, with the remaining 20 monitors to be supplied out of Gamida's own inventory.''


This reads to me as DEMG have to lay out 50 monitor systems straight away for next to nothing ie zero profit


1. How much turnover and profit have come from the old previous French tenders ?

2. What is the minimum number of probes that will be used in year one ?

3. What is the minimum number of probes that will be used in year 2 ?


This tender could in practical terms be loss making for the first 2 years

[arf dysg] 22/2/2018 09:02

20/2/2018: Deltex extends agreement for continuing sales to a large Paris hospital system


22/2/2018: LiDCO signs agreement with Spacelabs Healthcare SAS France to distribute LiDCO products in France.


I'm not saying it's aliens, but...


IT'S ALIENS!

[arf dysg] 21/2/2018 15:24

I have a theory that bureaucracy is like entropy, i.e. there is a fundamental law of physics which says that it always increases.

I don't fear that trade with the EU will have _different_ bureaucrats, but I do fear that any possible trade barriers will unfortunately result in _more_ bureaucrats.

[yump] 21/2/2018 12:49

I don't know if I've become confused by the Brexit arguments, but isn't one of them that its much better to replace the elite EU dodgy foreigner bureaucrats who were wasting our hard-earned money, by our own, who have been much better trained to do that job over the years ?

Which then means that at least the money that we've wasted is more likely to be spent in the UK.

[arf dysg] 21/2/2018 11:41

Let's hope that our glorious leaders don't completely wreck the trade deal. Every difficulty makes jobs for bureaucrats and takes money away from people who actually do something useful, like making ultrasonic probes.