Deltex Medical Share Discussion Threads

[greedfear] 04/6/2024 13:34

Free float is 604 million shares. Traded 31 million thus far, that’s 5% of the free float at very low prices. Share price change 0%. Probably committed larger seller activity.
Which is good for people wanting to buy or add at low prices.

[nobbygnome] 04/6/2024 13:23

I’m not sure why you think it’s personal as it was a genuine question. Have you ever spoken to Andy Mears?

[greedfear] 04/6/2024 13:19

Hahaha, I will NEVER get used to days like this!
I’m mostly a contrarian, buying the shares that no one wants.
I’ve been in situations like this many, many times before.
And yet, it’s still hard to see that when you expect a turn for the better it doesn’t come to fruition because (larger) holders decided to sell while there is volume.
Not having the patience to wait for better prices.

For a split second I think that maybe this is one of the opportunities I’ve misjudged.
But I’ve not.
Things are turning for the better, it’s in the RNSs, this is a market leader with a reputable name and a new product that is top notch, revenues have been far higher in the past. Every monitor sold leads to recurring revenues.
High margin products.
A new product (non invasive doppler) is being developed and could be a game changer.
This is not a company to be valued at 2 million GBP, this should be a lot higher.

Finally, this could be a takeover candidate.

I’ve convinced myself again that it’s good to have a position. And that I would add today if I could.

[barnes4] 04/6/2024 11:54

Nobby please don’t get personal

The company like a lot of other aim companies fail to make it and I suspect this is another York Pharma yes I do remember that one 😂

[nobbygnome] 04/6/2024 11:49

That’s because you don’t understand the importance of this. I suggest you ring Andy Mears and talk to him about it. However I guess you won’t and will just write tripe on a BB instead….

[barnes4] 04/6/2024 11:47

Problem is Nobby you are flogging a dead horse here as soon as I read the rns
It might have well read

JAM TOMORROW

[nobbygnome] 04/6/2024 11:43

Not if they can reach cash break even in the second half of the year which is very achievable now they have reduced their cost base massively

[trentendboy] 04/6/2024 11:28

Jam jam jam - never ends

[barnes4] 04/6/2024 11:22

Do they need to raise funds?

Sorry it just feels like another aim jam tomorrow tale

[nobbygnome] 04/6/2024 09:40

100% agree

[greedfear] 04/6/2024 09:35

What I’d like to think chris is that some people having no faith in the company’s future are taking the opportunity to get out while there is a higher volume day.
Can’t be many of them left.
Company has only released positive news lately and it all adds up.
I don’t say it will be a tenbagger soon, but it should be an easy double short term.
BOL holders.

[nobbygnome] 04/6/2024 09:03

This will help them to get to cash break even which is absolutely vital for shareholders. That will mean no more fund raises and hopefully growth from there albeit it is likely to be slow growth

[amt] 04/6/2024 09:02

It will help keep it going until the non invasive version is available.
If they can get that through then no reason why sales can't be in many tens of millions but until then ten million per annum realustic

[nobbygnome] 04/6/2024 08:38

The reality is it makes it much easier for Trusts etc to order monitors because they can just buy them off the shelf and don’t have to go through any tender process. It is a very significant step forward and was not guaranteed

[chrisdgb] 04/6/2024 08:35

Why would this news make people sell...? Truly bizarre......

[mrc2u] 04/6/2024 08:08

It certainly was not jam yesterday. DEMG announced it won the NHS tender way back in 2012. Since when its UK sales have fallen by about 90 per cent. Still, those were happier days. We could live in Europe, we had austerity, the London Olympics, Bradley Wiggins winning the Tour de France and a DEMG share price around 25p. I make that 200 times higher than today's price.MrC

[nobbygnome] 04/6/2024 07:45

>> barnes

This will definitely lead to sales of monitors in the short term so is not just ‘jam tomorrow’

[amt] 04/6/2024 07:10

This is a breakthrough and prooves the efficacy however the transformational news will come if and when the non invasive version is released.

[barnes4] 04/6/2024 06:53

Reads like jam tomorrow to me
Sorry

[greedfear] 04/6/2024 06:47

Good morning and finally some really good news!

[joeblogg2] 04/6/2024 06:11

Morning good news!!!

[nobbygnome] 04/6/2024 06:09

Excellent news this morning. When I spoke to Andy Mears after the AGM he stressed how important this was as it should lead to many orders for the new monitor. Onwards and upwards!

[mrc2u] 28/5/2024 14:26

"Peace in our time" perhaps?Although not sure that will shift the share price much.MrC

[greedfear] 28/5/2024 14:07

They must be back from Munich now. Let’s hope they’ve been successful there.

[greedfear] 28/5/2024 14:04

Mission Zero.

hxxps://www.deltexmedical.com/news/mission-zero-deltex-uniquely-placed-to-empower-clinicians-with-initiative-to-avoid-the-avoidable/

They have almost succeeded with the share price. :)