Deltex Medical Share Discussion Threads

[arf dysg] 15/10/2019 15:09

By the way......


This has always been a jam-tomorrow company. But this is going to change, because tomorrow, my friends, we will have Jam!

[nobbygnome] 15/10/2019 14:05

They are cash flow positive and the growth will come mainly from the US. It will be nothing stellar but slow steady growth. The CEO had assured me there won’t be further fund raisings.

[gbenson1] 15/10/2019 13:41

You're assumptions are laughable!!

[dj trading] 15/10/2019 13:10

I see that a 2m sell at 1.02 was posted late yesterday.
My guess is an ex employee clearing 1p options?
Are there more to dispose of?
I doubt anyone else will now take up outstanding options at 1p with price at 1.0/1.15 and very little liquidity for volume trades so that source of cash dried up for now. (but helps eliminate further overhang)
Although with grants and canc contract cash receipts I'm not expecting a fundraising in the next 6 months possibly 12?
But I still don't see how they are going to reverse the revenue decline and go cash positive (see my previous post on cash burn adjusting for other working cap movements - circa £0.5m/annum imo)
Needs a step change somehow and they have had long enough to make that happen so doesn't seem likely to me.
imo dyor

[nobbygnome] 15/10/2019 08:41

The MMs are bidding up for over a million shares and there are none better offered. There are only 325k at the full price of 1.15. Looks like an engineered MM led fall to me. There is very little stock to buy. For the record I got 150k by spreadbet first thing at 1.1p.

[janatha] 14/10/2019 20:03

Hope they stay at these levels for another week or so by which time I will get access to some more funds as I will be buying a shed load at these levels.

[mrc2u] 14/10/2019 19:08

Think there will be some buying from these levels. If these get any momentum, they should rally very strongly and very quickly1x sales is silly and all the recent news flow has been good so it is only liquidity that has caused price to halve over last few weeks. Today was a 16% fall on half of one percent of the companyAnd Brexit obviously because it is responsible for everything bad or everything good depending on your positioning vis a vis the fenceMrC

[nobbygnome] 14/10/2019 16:19

A cash flow positive medical device company trading at one times turnover. Madness!

[nobbygnome] 14/10/2019 16:09

Poised on the buy button. There is no reason for the fall IMHO; just a forced seller.

[gbenson1] 14/10/2019 16:08

The share price action in DEMG never fails to amaze me, only the other day somebody bought 1 million+ shares and the price never budged, today there are in the region of 900k of sales and the Sp drops 16%, something is a foot, hopefully all will be revealed in the following days!!

[ramnik007] 14/10/2019 16:02

Now what's caused the panic

[rafboy] 11/10/2019 10:48

Good to see some interest today.

[mrc2u] 11/10/2019 10:15

Told you it wasn't me!Do you care to explain yourself?MrC

[nobbygnome] 11/10/2019 10:13

No it was me....

[mrc2u] 11/10/2019 10:09

>>gumption Bit harsh! Don't think the interim FD passes 70 for another year or two so it's only 3 out of 7 in the bloated board who are over 70 right now!!Oh and someone bought 500,000 and it wasn't meMrC

[gumption] 10/10/2019 21:04

I suspect they are dinosaur eggs, considering NK et al. The NEDs are out of date and hopefully running out of time!

[mrc2u] 10/10/2019 18:54

ArfWould fear of the dragon act as a natural hedge against hiccups induced by its egg?MrC

[arf dysg] 10/10/2019 16:23

MrC,

If you're going to suck fish eggs, you could suck quite a lot in one go. There may be a world record in it. On the other hand, you could try sucking komodo dragon eggs. The risk factor (an angry komodo dragon) and the possibility of indigestion would make this more of a challenge.

[arf dysg] 10/10/2019 16:17

I notice the top news item in the list of RNS items is some kind of investment company, saying "Building the future!" , "Blockchain" and other buzzwords.

Also there's the phrase "an urgent market need for higher yielding investment opportunities" which is great fun if you're risking someone else's money.



It's not actually via RNS, as it comes via NW (newswire) which is not regulatory or regulated at all. It's also on lots of other unrelated BBs, quite possibly on all of them. It looks as if someone paid a lot of money to publicise this project.

One could even classify this as spam, promoted by ADVFN.

[mrc2u] 10/10/2019 09:57

Ps I see they have stopped using a financial PR company. This is a false economy especially when you have good news flow such as:1. Cash positive2. EBITDA positive3. GPO contract in USA4. Maximum Innovate UK grant5. Similar size competitor just taken over at 30x your market capThey also need fewer, more up to date non executives, one rather than two brokers and the lead broker to be drumming up institutional buyingMrC (off to suck some eggs, when would rather be counting some chickens)

[mrc2u] 10/10/2019 09:28

>>gbenson1 & janathaA large part of the reason for there being no reaction will be because the announcement was made at 7.31 rather than 7.00This is extremely amateur. If you don't put out news at 7.00 you miss the newswires and the analyst morning briefings so devalue your news by 75-80%. And this is very good newsI kept quiet at the time but the trading update for the first six months was put out on 30 July when the summer shut down is on. A waste of good news. They used to put it out in the second week of July and these things should get quicker over time not slowerSloppy drillsMrC

[gbenson1] 10/10/2019 08:18

Whilst this is good news, I think DEMG are a bit naive, instead of saying we've won an award/grant for £x, they also mention their own costs towards the project, yes all awards have some cost to the Co. but it does take a little shine off the announcement!!

[janatha] 10/10/2019 08:14

Good news. Surprised no movement in share price

[mrc2u] 07/10/2019 11:42

BigTFair enough. As no more placings needed, would be good to see more buying in the marketAny thoughts on FD leaving?MrC

[bigt20] 07/10/2019 11:36

mrC2u
6 Oct '19 - 19:53 - 10453 of 10456

----> That's why I said mainly in the following:

Research will show you that he has mainly bought shares in company placings and debt, i.e., the money goes into the company and not to the market.