Deltex Medical Share Discussion Threads

[mrc2u] 07/8/2019 10:12

And up it duly ticksAs I am on a roll, must be time to put a tenner on Sheffield United for the premier league: 2000-1 on Betfair, same odds as Burnley, Brighton & Bournemouth but you can't get a bet on teams beginning with BMrC

[mrc2u] 07/8/2019 09:56

There are still buyers around so also expecting drift up to carry onMrC

[mrc2u] 07/8/2019 09:55

No no no - banning really really stupid people who pay zero attention to anybody else is essential and there are none as stupid as ByeByeWellAfter over a year of DEMG banging on about reducing its costs so it will be cash positive, the utter numpty has just completed his analysis showing that DEMG's costs are lowerDEMG is profitable, cash positive and worth at least twice its current market value

[ntv] 07/8/2019 09:45

Weakening pound should help margins and it hasn't even started to drop properly yet

[trentendboy] 07/8/2019 09:30

But yes, banning people is so stupid - all views essential for good investing

[trentendboy] 07/8/2019 09:28

Always checking in buywellKeep up the analysisPosting will keep this thread aliveQuestion in title looking like being answered

[buywell3] 07/8/2019 08:57

Nobody seems to be using this thread which is a shame


A point which has NOT been discussed by the rampers is the massive reduction in overheads in the last results


Overheads (excluding exceptional costs2)

Quarter 4 2018 £'000 (822)…… Quarter 4 2017 £'000 (1,711) …… Difference £'000 889



This difference of £.889M resulted by a 50% cut in workforce

This alone skewed the results , which any company can do once

By slashing it's overheads ie workforce


IT CAN NOT BE REPEATED in a tiny company once such a big ie over 50% slash in numbers has been done.


Hence in future Quarter results this Difference or Saving will not be able to be maintained , and Quarter by Quarter the saving number will lessen.


Full year comparisons once the staff cuts are 2 years out will show the true picture IMO


Which IMO will not be pretty

[gbenson1] 05/8/2019 13:18

Don't worry about it, this sadly is what I do for a living. Although there's a seller around I still feel this is going to 2p+.

[gnnmartin] 05/8/2019 13:12

Ok, my misreading.

[gbenson1] 05/8/2019 12:48

Hi gnnmartin, It's was 1.619 to sell and 1.7 to buy, that's why the Sp dropped from 1.65 - 1.6 Immediately afterwards.

[gnnmartin] 05/8/2019 12:43

I think that was 500k buy at 1.619, increasing the bid price from 1.5 to 1.6.

[gbenson1] 05/8/2019 11:48

I wonder who that could of been? Shortage of stock supposedly yet 500k sold and no takers yet!!

[bigt20] 05/8/2019 11:44

somebody just knocked out 500,000

[nobbygnome] 05/8/2019 10:49

Only 1000 on offer at full ask on the RSP but bidding up at 1.575 for lots of stock. Going up shortly IMHO...

[janatha] 05/8/2019 09:26

Cannot get hold of any stock.

[gbenson1] 02/8/2019 10:22

Nice to see some 2 way trades, we almost tipped 1.7 yesterday, is today the day?

[nobbygnome] 01/8/2019 12:22

Bidding up for lots of stock at 1.565 and the best offer is at 1.6875. Going up....IMHO!

[mrc2u] 31/7/2019 20:20

BigTYes it will rise steadily with steady progress. However it is starting from too low a base and share price ought to correct rapidly now company is clearly cash generating and not going to have to come back to the market for moreBy correcting, I mean doubling and expect that to happen over a relatively short period. A bit more now and the rest in and around the interim statement when they confirm return to growthMrC

[bigt20] 31/7/2019 17:21

janatha
31 Jul '19 - 12:07 - 10200 of 10205

--> Its going to take time to build up credibility. Thats why they need to stay focus on build the business PROFITABLY and generating cash....get the cash balance up over time. Then the share price will rise over time.

[gbenson1] 31/7/2019 13:11

Not exactly an explosion Nobbygnome but a 7% rise anyday is welcomed, and possibly 2 in a row, we need some institutional buying.

[nobbygnome] 31/7/2019 13:06

Talking to myself here but....I think there is a big buyer in the background because the bid level suddenly shot up!

Does this class as an explosion yet🤔....

[nobbygnome] 31/7/2019 12:42

Currently 1.551 bid for reasonable size and the cheapest offer is 1.695 so looking good for a further rise.

[nobbygnome] 31/7/2019 12:36

Looking promising with about £10k of buys moving the offer price which shows how sensitive the MMs are here. The spread is killing trade at the moment and I never understand why they do that as surely it is in their interest to encourage turnover.

Won't take much more to get the bid on the move as well though!

[mrc2u] 31/7/2019 12:31

JanathaYou say that, but, if they had gone up 3.2% every time I bought 25,000 I would be sending this from my yacht in Monte CarloMrC (from the back of the Clapham omnibus)

[janatha] 31/7/2019 12:07

Genuinely surprised at the lethargic response to yesterday’s trade update.