International Medical Devices Share Discussion Threads

[martincoops] 15/2/2007 08:13

LONDON (AFX) - International Medical Devices PLC said it expects its interim
results to be in line with market expectations, adding that its unit ProCare Ltd
now holds the exclusive UK distribution rights to Finland-based Wipak's
Steriking packaging product.
The company did not disclose any financial details of the deal with the
Finnish medical and food packaging manufacturer.
The medical supply company added that Procare will continue to distribute
Steriking to existing clients within the UK, which is worth a minimum of 250,000
stg in annual sales to the company.
International Medical Devices will announce its interim results for the
period ending Feb 28 on March 27.

[martincoops] 15/2/2007 07:13

Well there is the trading update, in line so that is good news, plus another agreement.

Looks as if it is all slowly coming together.

[martincoops] 15/2/2007 06:33

Looking at the charts we are now sitting just below the 200mda so need to break 5p to get above it. This is the first time we have been above the 50mda since Nov but we only just got above it then. Could this now be the start of a trend reversal? Lets hope so.

As I live in cloud cookoo land I am going to say we will be above 10p by the summer and 20p year end... now where is my medication

[martincoops] 14/2/2007 09:28

Well it is looking good now. News could be on the way

[james t kirk] 14/2/2007 08:05

There's life in the old dog yet..

[martincoops] 11/2/2007 22:49

Hi Ged

Well it was not brilliant news as turnover for EMS was about £150,000pa but money is money.

Due some updates soon though, one on the 2 acquisition and I think we will get a trading update this month as well but dont hold me to that.

Dare I mention ClipOn what news on that I wonder, cant be far away now.

[ged5] 11/2/2007 21:49

Still not looking good share price wise.

Not sure whether the last bit of news relating to Inogen was good for us or just EMS Medical Ltd

[don muang] 10/1/2007 17:06

UK interest rates are expected to be held at 5% on Thursday ....
However, the Bank is strongly tipped to increase rates from 5% to 5.25% in February or March.

[don muang] 10/1/2007 17:04

and you think you've got problems .....

Inflation in Zimbabwe has continued to spiral upwards, reaching an annual rate of 1,281.1% in December.

[martincoops] 04/1/2007 22:45

Thats sounds fair enough Ged5

I think this year could well be our year but only time will tell.

[ged5] 04/1/2007 22:23

I'm neutral at the moment. I still hold a few tens of thousand but would have to sell at a loss.

Not inclined to buy any more until we see some profit. I was disappointed with the delays in NHS contracts and can understand others impatience.

There are signs that we might have a decent chance of success but I'm not holding my breath. Let's hope we have a good year!

[martincoops] 04/1/2007 22:07

LOL

Whats your view on whats happening here Ged5 or anybody else got a view?

[ged5] 04/1/2007 21:39

First time I've had a double thanks. Apart from the missus that is!

[martincoops] 04/1/2007 20:06

Thanks Ged5

[martincoops] 04/1/2007 20:06

Double post

[ged5] 04/1/2007 19:48

"Eastland. newly appointed CEO Mr. Dermot Patterson says "this allows the company to quickly implement the planned South African manufacturing operation, bringing forward the mass production of the Clip-On safe needle.

This capital injection also enables Eastland. to further strengthen and expand the Australian distribution network through acquisition.

Realizing the benefit of the IMD investment ensures Eastland will continue its strategy to rapidly expand its operations and to capitalise on a significant pharmaceutical business opportunity.

Eastland is looking forward to implementing their aggressive expansion plans and anticipates concluding several contracts in the near future."

More or less the same as the announcement.

[martincoops] 04/1/2007 18:58

for those that are interested this is the link to Easlands announcement

[martincoops] 04/1/2007 18:56

Well I have been doing a little more thinking about todays RNS and if you stick it with the release from Eastlands then the you might see why they have sold them

In the Eastland release they state that the reason for selling is to 'Quickly implement the planned South African manufacturing operation bringing forward the mass production of the ClipOn needle'

Now as far as I am aware INT are the only company near to launching this product especially now that they have the CE mark for it. In the RNS informing us of the CE marking they said this

To receive the CE marking on our ClipOn safe needle is a
significant step forward. ClipOn can become one of the principal products in
driving the Company's organic growth to help reach our goal of becoming one of
the major medical distributors in the UK and Europe. We have already received
orders from the NHS for ClipOn.

Orders already received!!! They have already brought the entire production for the year from Eastlands Australian manufacturer of 5 million needles but that will not last long, with around 190million needles a year required just for the UK

I think Eastlands have had to sell to raise the funds to meet the new contracts from the NHS.

Good luck to all holders. As del boy says, this time next year....well I live in hope :-)

[martincoops] 04/1/2007 09:16

Hi James

Well the price they got was a bit lower than I would of thought 2.5p but it was alot of shares. Lets hope the new guys want some more.

[james t kirk] 04/1/2007 07:09

Very good news RNS today, clearly the increase in volume recently is a sign that institutions have been taking a big stake in INT

[martincoops] 27/12/2006 04:06

Good for you, I dont think you can go wrong at that price, my average is just over 5p now so a little way to go before I make a profit but I am in no hurry to sell as I am in for the long term. Nice to see they have the CE mark for ClipOn and we should really start to see the benefit of that over the coming months especially as the price per unit will be relatively cheap compared to other safety devices and normal needles. With the new acquisitions we should be on turnover in excess of £14 million pa and a profit well over £1 million before any major orders from the NHS and any other medical companies.

The next 9-12 months will be very exciting for INT with some major moves forward in terms of revenue and acquisitions and the rollout of ClipOn not only in the UK but other European contries, I expect the USA will follow late 2007 into 2008 I remember reading in the Times ref some cheaper beds we are going to be selling to the NHS and care homes so an update on the progress there would be good.

Good luck to all holders and may 2007 be fruitful year for you all

[pomp circumstance] 25/12/2006 22:03

yep bought some a month or so back at 4.6, thought it was the bottom.
But missed 4p!!

[martincoops] 22/12/2006 07:47

Of course thats how they do business NOT.

You have your view pomp but I think you will find that you are wrong but hey what does it matter what you think or me we wont effect the share price. I take it you are holding some. if so good luck.

[pomp circumstance] 21/12/2006 20:46

they give shares to the other cos owners that are currenly worth 4p.

We value you co at 1mil and we agree on that, , thats 25mil shares.

lets do this tho, we still give you 25mil shares but tell everyone we are paying 1.75mil and the shares are valued at 7p!

All the punters will think 'hey someone values the shares at 7p, lets buy them up to 7p.'

And as the company being bought its great for you as your shares that were worth 4p are now worth 7p!!

Easy wain tit!!!

[martincoops] 21/12/2006 16:12

Plus its not a small amount of shares either, its over £1 million worth.