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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Intelligent Ultrasound Group Plc | MED | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
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|---|---|---|---|---|
| 0.00 | 0.00% | 14.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 14.50 |
| Top Posts |
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Posted at 22/4/2020 18:11 by timbo003 It would not surprise me to see some renewed investor interest here at some stage, due to the utility of detecting pneumonia associated with COVID infections |
Posted at 21/11/2008 07:22 by wild bill From the Scotsman this morningMED calls in administrators and more technology failures feared A SCOTS company credited with developing the world's smallest television screen has become the latest victim of the global economic crisis, prompting fears that there could be a wave of business failures in the technology sector. MicroEmissive Displays is to appoint an administrator after failing to find funding to support its pioneering business. The Edinburgh-based firm, led by chief executive Bill Miller, said yesterday it had been hit by the "severe slowdown" in the demand for consumer electronics and had been unable to borrow enough cash to survive . MED, which has about 50 staff evenly split between its operations in Scotland and Dresden, Germany is continuing to trade and has not yet made any staffing cuts as a result of yesterday's announcement. In June it said it was to cut five jobs after issuing a profit warning, saying monthly profitability would be delayed until 2009. Last night technology entrepreneur and investor Ian Ritchie said he believed that , following the collapse, other struggling firms in the sector could suffer a similar fate. He said: "I think it is very likely that a lot more technology companies will fold, like in the dot com bust in 2001, when a lot of good companies were wiped out. "MicroEmissives is quite a big one and people will feel that it has gone, but there will be a lot of good smaller technology companies which will go missing without anyone noticing." Ritchie, a former board member of Scottish Enterprise, added: "It is a real shame that MicroEmissives is to go into administration. It is not a good time to be looking for emergency cash because it is just not around." The firm, listed on the Alternative Investment Market, suspended its shares following yesterday's announcement. The price before the suspension was 0.45p. A spin-out of Edinburgh and Napier universities, the company warned in September that if it did not find new financing it would run out of cash by mid-December. Last month it reported a loss of £3.8 million for the six months to 30 June an increase of £700,000 over the first half of 2007. The news is the latest in a string of blows for Scotland's technology sector. Fellow university spin-out Wolfson is battling with a plunging share price and the departure of its chief executive Dave Shrigley, as well as the loss of most of its business with iPod maker Apple. Earlier this year, listed biotech firm Ardana and dental technology company Idmos both fell into administration after a period of poor trading, while in February, Stem Cell Sciences said it was closing its headquarters in the Scottish capital in favour of its facilities in Cambridge. Adrian Smith, programme director with the Edinburgh Pre-Incubator Scheme at the University of Edinburgh, added: "I understand they have always had a problem shifting product. It's a shame because there are a lot of able people there and with a bit of luck they'll come through it, something will happen. It's discouraging for other people if they see companies having a hard time on a public market." A spokesman for MicroEmissives said the company would issue another statement once an administrator was appointed. |
Posted at 21/10/2008 14:13 by hyper al Investors are still buying |
Posted at 11/9/2008 18:46 by thecurrymonster Hyper Al - it's not investors that need to look at the company, it's potential customers that are required. |
Posted at 11/9/2008 14:14 by hyper al Wild BillMakes sense just to read their News page, I'm just so use to using google. But why don't they make some RNS non-regulatory announcements? it may get more investors looking at the company. I think they need to be more visible. |
Posted at 11/9/2008 13:43 by hyper al Well I have discovered something very interesting. MicroEmissive Displays is certainly not very good at PR on the investor front. They could release more news via RNS, but they don't. As a result the investment community do not appear to know what a gem this company is.More news I have found MED signs-up Tiawanese to make P-OLED-based modules Mon, 04 Aug 2008 12:12:37 GMT MicroEmissive Displays (Edinburgh, Scotland) is to work with Universal Scientific Industrial Co Ltd (USI) of Taiwan for the production of plug-and-play display modules for the mobile multimedia access read more |
Posted at 03/9/2008 13:58 by wild bill you could have timed this just right |
Posted at 01/8/2008 18:43 by forthurst "The Company also continues to make good progress with regard to design-ins for eyescreenTM in the head mounted display market. However, conversion of these designs into sales, and sales generally, has taken longer than anticipated and as a result of this, the Company is seeking to raise additional capital to strengthen its financial position.In this regard the Board is reviewing its strategic options for the future financing of the Company, which may include considering proposals for an offer for the Company." We are running out of cash and we are not confident of a successful Rights Issue or one which would not wipe out existing shareholders. |
Posted at 17/6/2008 12:37 by friars3 (1) Is it possible to find out who the major customers are,(2) When will the product be on the shelves. (3) WHAT COMPANYS ARE USING THE MICROMISSIVE EYE SET. (4) THE LATEST DEVELOPMENT WITH THE PROCUCT. THE MANAGMENT SEEM TO BE SPENDING, MOST OF THERE TIME ON THE LECTURE CIRCUIT, with little productivity from it, spending our money THE COMPANY MUST GIVE US POSITIVE NEWS keep us up dated reguarly I recall the site visit to: Dresden, Germany on the 26 July 2007, It didn't do a thing for the share price. Those selected clients had a good night out. At our expence. REMEMBER Investor Site Visit (Microemissive) RNS Number:8807A MicroEmissive Displays Group PLC 26 July 2007 For immediate release: 26 July 2007 MicroEmissive Displays Group plc ("MED" or "the Company") Investor Site Visit MED (AIM: MED.L), the AIM listed designer and manufacturer of low-power light emitting polymer displays, today announces that it is hosting a site visit for certain institutional investors at its new volume manufacturing facility in Dresden, Germany. No new material information will be disclosed during the visit. For further information, please visit www.microemissive.co |
Posted at 23/10/2007 18:47 by thecurrymonster Bob Raikes, managing director of Meko Limited, commented, "New technology is always an exciting topic. The story here is that European display technology is not just for the laboratory, but is for markets as well. There's a real buzz surrounding OLEDs in the mobile phone market [Cambridge Display Technology and MicroEmissive Displays], and flexible and low power displays have the smell of a genuinely disruptive technology [Nemoptic and Liquavista]. The technology behind micro-projectors could enable new mass consumer applications based on mobile phones [Light Blue Optics]. The development of these companies is not just a technology story, but a great business story that will likely be of interest to investors, venture capitalists and those who fund research and development." |
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