Deltex Medical Share Discussion Threads

[nobbygnome] 20/5/2020 13:52

1.5-1.75 now! Marked up during the auction....

[royalalbert] 20/5/2020 13:51

Correct but they are mm's, so don't play fairly.

[nobbygnome] 20/5/2020 13:48

Why do MMs do that. I don't believe they are short, so just carry on trading and if they don't want to deal at this level, just move the bloody price up!

[royalalbert] 20/5/2020 13:44

Can't price at present, mmm.

[nobbygnome] 20/5/2020 13:39

This was about an hour and a half ago before a few of the bigger buys but they were bidding up for close to a million shares!

Also just got some through Spreadex but I couldn't trade online. When I rang they said they were up to their limit but did let me buy another 100k!

[royalalbert] 20/5/2020 13:30

It's alive!!!!!!

[royalalbert] 20/5/2020 13:25

Could you put some figures on that please Nobby.

[nobbygnome] 20/5/2020 13:22

They are bidding up for a shed load...

[gbenson1] 20/5/2020 13:18

How many shares need to be bought/traded before the mms increase the share price? Even when they do they probably won't move the bid!!

[royalalbert] 20/5/2020 12:26

Mm's don't help with the spread over 10% is a bit rich in my eyes.

[nobbygnome] 20/5/2020 12:21

Yes it looks completely oversold. I think everyone has forgotten that DEMG are vulnerable to a takeover bid from the likes of Edwards. Don't forget they have superior technology to all the other companies and so it would be a massive benefit for someone who has the marketing budget to promote it properly.

[ih_679027] 20/5/2020 12:18

I agree with the product the company has and with the coronavirus has gone down from 2.00 for no reason on low volume
With buying today and On any newsflow can see this moving up quickly

[nobbygnome] 20/5/2020 11:33

Therefore has been some buying interest in the last few days again. Dare I suggest the price looks primed to take off again....

[gbenson1] 20/5/2020 10:25

I agree with all of the below, I've been invested in DEMG since day 1, I think my investor No. is 00000001. DEMG have proven certified equipment but have failed to market it correctly and haven't had a break in commercialising it. Recruiting internally has stifled progressing and cutting costs has now gone too far. We need a dynamic BOD with Business Acumen and a new proactive NED, not sure how far the new box is off testing/production. The monitors and equipment have been accredited at the highest level, we need to invest in Management & sales, or someone will come along and buy the technology and run with it, imho.

[mrc2u] 20/5/2020 09:37

Roll on Monday then & watch out for jellyfishI am still very positive about DEMG but think it needs to do the right things to drive up the value. These are:Refreshed & smaller BODNew advisersNew boxNew marketing storyNew commercial modelSo it is very disappointing that they are obviously not even trying to do any of these thingsCoronavirus may be a one off but you have to really question hard how LID have managed to sell as much in Q1 as DEMG managed in the whole of 2019. Until a couple of years ago they were neck and neck. What have LID done? Er:Refreshed & small BODNew advisersNew boxNew marketing storyNew commercial modelIt's really not that difficult but it does need change. Do all the above starting now and DEMG should be bought for over 10p a share within the yearMrC

[gbenson1] 19/5/2020 21:11

I'm a retired squaddie enjoying the sunshine, currently phase 1 limited outdoor exercise, moving to phase 2 next Mon beaches open and allowed out more. You were up until recently quite upbeat on DEMG however now you don't sound so optimistic? Stay safe.

[mrc2u] 19/5/2020 18:42

>>gbenson1Is that as nice as it sounds? What is the lockdown status?MrC

[gbenson1] 19/5/2020 17:41

I did apparently receive notification of the AGM by mail in the U.K, but I'm currently living in Tenerife so haven't been able to see/read it!

[mrc2u] 19/5/2020 17:23

Have checked and can not see any attempt at all to publicise the AGM date. It's not easy to find the accounts on their website either and I have not been sent a copy in the post. Conclusion? They clearly do not want anyone to goYou have to wonder what questions they are scared ofI have long thought they need to refresh the Board. But noItem 4 is to re-elect as a director Sir Duncan NicholA quick look at Companies House tells us that Sir Duncan turns 79 this month, has stopped all his other directorships except for the UK accreditation service. He was first appointed on 1 August 2004 so is coming up to 16 years on the Board. The FRC code of conduct suggests a maximum of 9 years for non execsWhen a company desperately needs a new Board, why re-appoint someone retired who has more than had a chance to add any value they are ever going to? The guy used to run the NHS which used to clearly be relevant when sales were growing strongly but sales in the UK have declined steadily and disastrously for seven years nowThe smug letter from the Chair only gives as an explanation that he is retiring because the Company's articles require one third of directors to retire each yearWhy do we need him? It should not be a secretMrC

[mrc2u] 19/5/2020 10:20

The AGM notice is hidden at the back of the accounts. It's on 3 June at 12.00 noon at their factory in ChichesterPresume they only hold meetings in Chichester when they don't want anyone to turn up and there is absolutely no mention of any provision for anyone to attend remotelySpineless?I think soMrC

[gbenson1] 19/5/2020 09:50

It was about this time last year, but they gave us 3 weeks notice then!

[chrisdgb] 19/5/2020 09:34

Anyone have the AGM date...?

[mrc2u] 11/5/2020 15:04

Not much shaking it all about thoughIs it just me or does it feel like the COVID surge story has passed?Will it be catching up with surgery next? That would be better for DEMG and might stop the trickles of sellsMrC

[gbenson1] 07/5/2020 13:04

Someone doing the Hokey Kokey (16 mins) in and out!

[gbenson1] 07/5/2020 11:55

Some nice buying coming in @ 1.625 and now 1.64 obviously interest after the probable 1.00 share buyers taking profits.