International Medical Devices Share Discussion Threads

[james t kirk] 02/3/2006 10:23

Think you'll get that filled almost immediately - is it? Bid up a quarter

[martincoops] 02/3/2006 10:17

All a gamble Travis

Looks as if there is a large seller / overhang of stock. Once cleared it should return 7p plus imho

Just placed a limit order at 6p lets see how desperate they are to let the stock go

[james t kirk] 02/3/2006 10:17

DEliveries of needles start in April, so there should be another rally when that RNS comes out but there appears to be a huge overhang and MM's just don't want any stock. Any decent sell will be at lowere than current bid.

[travisriley] 02/3/2006 10:04

this stock is a disgrace, wish I had never seen stupid announcement. Shares are now lower then before news came out.

[james t kirk] 02/3/2006 09:27

Difficlut to say, this looks like it will always drift until firm results are out. It does appear to be excellent value for money and there's a couple of broker transactions.

However online sell limit is 1,500 shares so that's £90 worth. If you buy now don't think about selling quickly.

My gut feeling is this will double minumum if results are as good as alluded to in last RNS.

[martincoops] 02/3/2006 09:09

Down again :-(

Another buying op or sit on your hands and wait?

[james t kirk] 24/2/2006 17:04

This appears to be a very illiquid stock and the mm's were probably grateful for yesterday's action to sell some stock.

Anyone who bought like me is probably ging to have to wait until next RNS before considering selling as the bid was reduced sharply to 3.5k to sell. The reason the share spiked down last week was the sale of 70k shares which someone sold at 4.5p when prices were 6.5p-7.5p I believe.

The next results will no doubt be well received and if the share is at this price for much longer or falls further I'll be adding.

[james t kirk] 24/2/2006 07:44

Thanks martin, nice article, we should be good for another 10% plus today..

[james t kirk] 23/2/2006 15:09

Spreads much tighter than it shows:

Buy 75k @ 7.95p
Sell 15k @ 7.68p

[travisriley] 23/2/2006 13:56

let's hope some of the tabloids pick up on it today for their market reports tomorrow.

[safman] 23/2/2006 13:06

going up nicely.. may pick a few more later in the day..

saffy..

[james t kirk] 23/2/2006 12:45

No problem it helps me to look as I've only got in today, having not heard of them. Good to see price moving back up now..

[tedsm] 23/2/2006 12:21

Many thanks for the information

[james t kirk] 23/2/2006 12:09

Through their fully owned company Meddis they have a range of products available and NHS appear to procur some products from Meddis, including the new safe needles, which will be available in April



So this is not a trial but a product being available. The trials were earlier this year.

Safe Needle Technology is an important new advance in the medical devices field and IMD has acquired patents for five product lines, ClipOn, SafeLine, AutoInjecta, ReverSyringe and Retralok:

ClipOn
ClipOn is a retractable needle complete with its own safety housing which is attached using a standard Luer connection to all general purpose syringes.

AutoInjecta
AutoInjecta is a pre-filled or fillable device for use by individuals e.g. diabetics and medical professionals. It is a single-use, throwaway syringe with retractable needle and incapacity for re-use.

SafeLine
Safeline is a "butterfly" cannula for intravenous administration of fluids with a concentric tube that enables retraction and occlusion of the needle.

ReverSyringe
ReverSyringe is a syringe which operates by withdrawal of the plunger, rather than the reverse. Besides the safety feature of retractable needle without the requirement to push the plunger fully to the base of the housing, it allows easy reckoning of the amount of drug administered.

RetraLok
RetraLok is a retractable syringe with the added features that retraction is independent of plunger position, and separate drawing and injecting needles can be used.

[tedsm] 23/2/2006 11:27

Have followed progress of Medisys for a number of years re- retractable syringe.
Is INT product any different and the launch in April, is that the trials or is it being rolled out with approval?

[maestro.] 23/2/2006 11:23

yes good top up opportunity ...

[james t kirk] 23/2/2006 11:21

Looks like it will take some specific financial info to get this really going. There won't be many people still in profit after the drop back, but hopefully this will provide an opportunity for others to buy.

[james t kirk] 23/2/2006 10:20

Online bids

Buy 75k @ 8.15
SEll 25k @ 7.68

[travisriley] 23/2/2006 10:10

got in this am too at 6.91p, love this kind of situation where a little stock is overlooked, and while the share price drifts lower, the company just get on with deals. No reason for this stock not to go back up to it's 11p highs on this news and then higher.

[safman] 23/2/2006 09:45

acquired a few this morn.. don't know too much on this ..from an overview point looks ok..

fairly illiquid..82% of 102mill shares held tightly..NHS thingy in april..

saffy..

[gardenboy] 23/2/2006 09:42

roll on the Spring,

"In addition the needle buyer for the NHS Purchasing and Supply Agency (PASA) has agreed to support the fast-track launch of the Company's safe needle products into the NHS for launch in April."

[james t kirk] 23/2/2006 09:34

Thought it would help others, nice to see this start to move again, could get past 10p today by the look of it.

NMS only 2,000 so any trade over 12,000 is delayed by an hour, hence the flurry of delayed buys showing as sells just after 9.00am.

[gardenboy] 23/2/2006 09:20

many thanks - now in header, I see