Deltex Medical Share Discussion Threads

[doglover2003] 07/1/2020 09:35

BigT20

We know this of course.
What is your point?

Should DEMG carry on regardless as they certainly couldn't afford to fund a legal challenge?

They would need to rely on the experience that they have developed of the technology to retain the confidence of hospitals.

However, given the enormous margin on probes their reverse engineering would be very profitable if it found a willing market.

[chrisdgb] 07/1/2020 08:58

Well the trading update should be fascinating.........

[bigt20] 06/1/2020 17:35

doglover20036 Jan '20 - 16:57 - 10673 of 10673

To put this news in perspective, I would mention that over the years I tried many times to interest Ewan in the idea of addressing the China market. Each time I received the same response that they were concerned with the issue of IP protection.
Nigel gave me a similar response at one of the AGMs.

--> The US has put IP theft in China at over US$500bn a year (cant remember the report it was in ...try US Commerce if anybody wants to track it down)

[doglover2003] 06/1/2020 16:57

To put this news in perspective, I would mention that over the years I tried many times to interest Ewan in the idea of addressing the China market. Each time I received the same response that they were concerned with the issue of IP protection.
Nigel gave me a similar response at one of the AGMs.

No one would suggest that there has been a dramatic change in the IP position in China
so one has to accept that this may be an opportunity but it is also a risk.

The other point that I notice is that Pacific Medical has strong connections with GE Health for whom they are agents in the region.

This could lead to a bid for DEMG if Pacific Medical open some (hospital ) doors.

[gbenson1] 06/1/2020 16:12

I think the company are a little naive in the PR dept, this isn't the first time they've undersold themselves, wasn't there a 0730 hrs RNS which would have missed any morning brokers comments/ upgrade? In there defence they did publish this news on the website. I don't think there was any collusion with the directors buying it was the last possible moment for Ewan to exercise his options.

[mrc2u] 06/1/2020 15:55

Doesn't sound right to me and suspect even more that this is not being announced to protect directors who filled their boots. The test here is about whether the news will move the share price and it did, so it should have been announced. The compromise is to announce on REACHThe 18-24 months comment is facile. Imagine if they announced a deal with a major corporate or hospital chain to start in 18-24 months which would treble sales. Of course that would have to be announced. Furthermore, 18-24 months falls within the period normally covered by market expectationsAnyway, a decent 400,000 buy has just gone through so onwards & upwards

[nobbygnome] 06/1/2020 15:35

Having had email contact with Andy Mears, the argument is that there won't be any RNS because this deal 'will not significantly impact the business for 18-24 months'. I am a little surprised at this but you have to take Andy at his word.

Incidentally he confirmed that as usual there will be a trading statement in January.

[rafboy] 06/1/2020 15:33

Are they waiting for something else prior to announcing? Is so, what could that be?

[schloo] 06/1/2020 15:25

Curious that they haven't announced the good news about the new Far East distributor. They are also the distributor for the Australian Doppler haemodynamic monitoring company, USCOM. 60% of USCOM's sales are in these Asian regions and there must be customers looking for a continuous Doppler solution, which only Deltex can provide

[gbenson1] 06/1/2020 12:00

Mms must be short of stock paying well over the bid to buy them in, nice to see healthy 2 way trading, Sp has risen 35% since directors buys.

[rafboy] 06/1/2020 11:22

I think the recent director buys mean there will be no trading update until after the 18th.

[nobbygnome] 06/1/2020 11:15

So the Far East distribution deal still hasn’t been announced. Presumably they are saving it for what should be a very good trading statement!

[rafboy] 06/1/2020 11:09

I am quite confident that this will be a good year for DEMG holders. Nice to see a couple of buys move the share price

[mrc2u] 03/1/2020 16:53

Maybe, but Andy didn't buy shares on the cheapMrC

[parsons4] 03/1/2020 16:50

I am sure they will RNS this next week, great news at last !!!

[ramnik007] 03/1/2020 16:50

I think Andy will say it will have no short term financial impact, so why waste his time, especially since could mention in trading update.

[mrc2u] 03/1/2020 16:49

ZhoOn second thoughts, the price going up since I/we highlighted, shows this is price sensitive so should have been a full RNS rather than REACHDon't know why, but something tells me this is an issue for the non-execs. Wonder if they knew about it before they bought super cheap shares last month??MrC

[zho] 03/1/2020 16:18

Hi mrC2u,

Cheers.

>>Think they should have put this out on RNS REACH as a minimum.>>

I think so too. I've emailed Andy Mears suggesting that he do this. His address is [e-mail] if anyone wants to add to the pressure.

[mrc2u] 03/1/2020 16:10

Thanks for digging that out zhoThink they should have put this out on RNS REACH as a minimum. Looks like Andy has done well so the Board should have its eye on the ball and be getting behind him and shouting about it. As I recall, LID have announced moves into China at least twice, maybe three times (or was that Japan?)Still always nice to have news ahead of the market and good to see it moving the priceMrC

[rafboy] 03/1/2020 15:11

Won’t take much to move this along quite nicely now.

[nobbygnome] 03/1/2020 15:05

Bidding up for 1.8 million but only 65k offered at the full price. MMs running for cover...

[nobbygnome] 03/1/2020 14:55

Which moved Singer on to 1.55 offered. I suspect there is still no stock available but will get the RSP prices.

[rafboy] 03/1/2020 14:53

Could only get 50K!

[nobbygnome] 03/1/2020 14:52

But it has got to be price sensitive information because it is a whole new market. They will sell some product and so are bound to increase turnover this year.

[rafboy] 03/1/2020 14:50

Can’t buy at the moment. They want shares I suspect.