Deltex Medical Share Discussion Threads

[timbo003] 13/6/2018 09:54

The Company is holding its Annual General Meeting ("AGM") on 20 June 2018 and will release an AGM statement that day.

I think I will go along to that

[gnnmartin] 13/6/2018 09:49

mrC2u: who do you mean by 'him', Ewan, or the new CEO?

I'm sorry Ewan had to go. I liked him, and he was very committed to DEMG, but maybe a new CEO will see how to get us moving. The market seems to be taking it very calmly so far.

[arf dysg] 13/6/2018 09:44

It comes with the job. The chairman would want the new CEO to be enthusiastic.

[mrc2u] 13/6/2018 09:27

I spoke to him this morning and he seemed upbeat about second half prospectsBe interested to see if he has got something lined up

[timbo003] 13/6/2018 08:56

I certainly did not pick up on the impending departure of the CEO at the Investor meeting at the end of May, so not sure what to make of it.

[ramnik007] 13/6/2018 08:13

I think many long term investors, who have kept faith in the product, have lost money. Unfortunately it's not the product but clinical culture that is critical.

[amt] 13/6/2018 08:08

Yes I am an investor and have lost a lot of money and no hope if recovering it.

[bypooh] 13/6/2018 08:08

At the very least an extra cost cut. Maybe Phillips was resistent to some ideas?

[ramnik007] 13/6/2018 07:51

Let's hope the new CEO has fresh impactful ideas

[chrisdgb] 13/6/2018 07:46

Interesting news...........

[parsons4] 13/6/2018 07:41

Thanks for that amt are you an investor here ? We now have a new CEO so we have some fresh hope !!!

[amt] 13/6/2018 07:18

What a terrible investment. I remember Deltex made headline news a few years ago and the shares soared. Like so many UK stocks it's all ending in disappointment

[parsons4] 13/6/2018 06:39

Still an investor down £11k but just can't bring myself to sell. I actually think they may make it !!! I hope this is not just wish-full thinking !! GLA to those that are STILL here

[arf dysg] 12/6/2018 17:01

One day the price will leap up to a fiver and then WE'LL ALL BE RICH!

HOORAY!

[chrisdgb] 12/6/2018 15:03

Anyone else keeping the faith this board is dead........!

[arf dysg] 10/5/2018 10:34

amt (9375) "merged with Lidco. The 2 together could cut costs and probably break even."

There's a bit missing from your posting. The interwebs must have cut off the bit where you wrote,

"...and probably break even more investors' hearts."

[amt] 10/5/2018 07:36

It's about time they merged with Lidco. The 2 together could cut costs and probably break even.

[gspanner] 09/5/2018 18:32

Indeed, sold out this am 600k on the basis of the lost business, despite a vaguely optimistic forward statement.

The sort of marketing/lobbying expense they need here isn’t covered by the £2mil, so holders may double/triple by holding out for a buyout by a bigger med device company, but all too uncertain for me.

GLA

[maxk] 09/5/2018 15:29

yump
9 May '18 - 10:32 - 9359 of 9372




So the first (known aleady) problem is that anaesthetists are making decisions in isolation because they are separated from downstream benefits. That's a result of no overall management power or influence in pushing forwards progressive methods.

[yump] 09/5/2018 13:38

and your point is what in regard to the future ?
Back under the bridge for you now...

[buywell3] 09/5/2018 12:28

re above please add for discussion:-

Why are staff taking absences and leaving DEMG in the USA ?

and

What does ''as a result of disruption from clinician and management turnover'' mean ?


Are DEMG blaming the client or themselves ?

Have DEMG lost one USA account completely ?
''Revenues from US managed care service contracts were down £108,000 (20%) following the loss of revenues to one account''

If so who now has that account I wonder ?

From the results today


'' The other two territories, which suffered from periods of unplanned staff absences and vacancies, saw declines in probe revenues of 32% and 10% respectively.

Revenues from US managed care service contracts were down £108,000 (20%) following the loss of revenues to one account as a result of disruption from clinician and management turnover; revenues from the other managed care contracts were marginally ahead.''

[buywell3] 09/5/2018 12:00

I think you guys ought to be discussing the reason why DEMG has lost a big USA account having only just won it in the last couple of years.

I suggest this is a big problem in case another USA account gets lost


My rationale is that DEMG have been losing UK NHS sales now for the last 4 years

So has that now started in the USA ?

[wigwammer] 09/5/2018 11:43

Thanks zho, illuminating. Yump - thanks for conceding your point on the breakeven deficit here was not a good one, based on the facts presented by the company.