Deltex Medical Share Discussion Threads

[mrc2u] 03/4/2019 09:31

Not sure they need any surprises to shift the share price If they can reiterate or tell us more about new expectation of being EBITDA positive this year, then price should recover strongly. So, next week or two could easily be last chances to buy at these knock down pricesOff to find the piggy bankMrC

[gbenson1] 02/4/2019 08:46

Nice few buys this morning ahead of annual results which are due anytime, does someone know something??

[gnnmartin] 26/3/2019 11:53

I expect DEMG's last full year was a year of turmoil, and they want to leave it as late as possible to report the result so that they can guide as far as possible on how DEMG will do in the new management and direction.

[schloo] 26/3/2019 11:24

MrC

Deltex share price unlikely to correct until after results unless there is some unexpected news, so it is frustrating that they are taking so much longer than they used to to get them out, but the recent decline has been on tiny volumes. And the delay could be because of having to wait a bit after the Chairman spent £100,000 buying more shares

We should expect some good news with the results in April. Cash positive trading is the big one, followed by growth in the US and key distributor markets. We should also be looking for milestones passed on new product developments

Agree that LID should not be worth more than DEMG and that it will need more cash, but LID is actually looking quite cheap itself and that bodes well for a strong increase in DEMG

Onwards to thruppence and beyond!

Schloo

[chrisdgb] 19/3/2019 09:54

Results next month should help us assess the long term recovery potential.

[schloo] 19/3/2019 09:00

Combination of google alerts & a bit of digging on LinkedIn

[janatha] 19/3/2019 07:10

Cheers Schloo. How did you find out?

[parsons4] 19/3/2019 04:49

Sounds good. I have been tempted so often to sell up and write off my losses !!!!My average is just under 2p. With the last report and Director buying I think it is worth hanging on. GLA

[bigt20] 18/3/2019 20:02

Thanks Schloo.

[schloo] 17/3/2019 11:39

Deltex have just appointed a new sales manager in US mid-west. The new person is joining from Abbott Laboratories so must be confident they are going to make good commissions and bonuses

Interesting and looks like DEMG US business going well if they are investing in expansion after all the cost cuts to get to cash positive

[bigt20] 11/3/2019 16:00

The reality is that the BBC still thinks there is a Trump - Russian thing.
Yet in 2017 it was obvious that it was a Democrat / Hillary political smear job.

[bigt20] 07/3/2019 16:38

Arf Dysg
6 Mar '19 - 16:13 - 9776 of 9776

Old news.........just like the BBC

[arf dysg] 06/3/2019 16:13

Trump to run for presidency in 2020, confirms Putin.

[gbenson1] 03/3/2019 12:18

Bothwell you and me both, I go back a lot further. The current Sp is in recovery mode, I feel it can move to 2-2.5p fairly quickly, the volume has increased since NK took his increased stake, my only worry is that the Sp has become volatile because of flash/day traders trying to make their 3-5%. Quite a few nice large buys recently. I'm sure the results due in Apr will be positive and good for the Sp.

[bothwell] 02/3/2019 11:06

Been here since it was at 18p, that was in 2013. High of 31p in 2004. Still a long way to go!

[mrc2u] 01/3/2019 18:23

SchlooGood work. Knew Mr Keen has bought a lot but close to 400 grand in a year far more than I thought and is a big big show of confidenceBet he doesn't need DEMG to get to 20p to buy a yacht! Or would that be a second yacht? Maybe he would sell the old one cheap to a loyal supporter?Ps did you know your name auto corrects to Schlock? HorrorMrC

[arf dysg] 28/2/2019 17:39

Tread lightly when you're trading heavily.
When in outer space, trust your inner vision.

Top o' the morning to ye
Cordis Cork Colburn Connor Cringe Craic

Professor of Forward-Looking Lateral-Thinking Circular Reasoning
Master of back-pedalling on front-loaded deals
Purveyor of Downard-Firing Sidearms
Rearguard Action a Speciality
Expert one-upmanship

Upwardly-Mobile Department of Deportment
Right-Angled Left-Luggage Office
Evil Aerospace Section

[schloo] 28/2/2019 17:07

Good to see this moving towards where it should be, even if it still has quite a way to go to get back to even a modest valuation. I am expecting bullish comments from DEMG about cash generation when they put the results out and the shares to be re-rated to at least double where they are now with further to go as they return to growth.

The clues are there from the trading update, where they predicted they would be EBITDA positive this year and indicated they were cash positive in final quarter of last year, but also from the Chairman's share buys.

The 8,695,652 he bought for £98,000 at 1.125p earlier this month are now worth £139,000 at 1.6p,a gain of £41,000.

The 2,000,000 he bought for £18,000 at 0.9p late in August 2018 are now worth £32,000 at 1.6p, a gain of £14,000.

He also spent £34,000 earlier lat August, buying 2,000,000 at 0.8p, 1,000,000 at 0.85p and 1,000,000 at 0.9p. These are now worth £64,000 at 1.6p, a gain of £30,000.

In July 2018 he bought 6,000,000 for £50,500 at 0.8417p which are now worth £96,000, a gain of £45,500.

In February 2018 he bought 14,200,000 in the placing for £180,000 at 0.125p which are now worth £227,200, a gain of £47,200.

So in the last year the Chairman alone has spent £380,500 (yes, three hundred and eighty and a half thousand pounds) buying best part of 35,000,000 (yes, thirty-five million) shares. That is a huge amount of money to risk by most reckonings BUT he is today sitting on a gain of £177,700 which is not to be sniffed at.

There have also been some pretty chunky buys by other current and former directors even if nothing on this scale.

DYOR and all that, but this all adds up to a pretty big pointer that the Board expects these to go up quite a bit and quite soon. Further evidence that company is cash positive will be a big boost as will any indicators of growing sales. Then there could be another boost if there is any indication that they are looking for a buyer. Doubt the Chairman would have spent £200,000 since the last fundraise if he thought there was any risk of another one.

[msufi77] 28/2/2019 16:02

huge buys 460k buy shown in red

[fund1] 28/2/2019 15:09

Yes I just meant in the very short term.

[mrc2u] 28/2/2019 15:05

3p at least. That is only three times revenues for cash positive medical device company in a huge potential market with proven and differentiated product.2p would be good on the journey though. In fact it's necessary to go past 2 to get to 3.MrC

[gbenson1] 28/2/2019 15:04

I said last week their was stateside buying, I guess someones got to show their hand!

[fund1] 28/2/2019 14:58

Looks like 2p is on the cards.