Medicsight Share Discussion Threads

[cumnor] 23/5/2011 15:30

Pathetic volume. No sellers so no doubt they'll mark it down, true to form, to panic a few. Could be a good, if short lived buying opp ahead if they try their usual (predictable) trick to catch the market 'unawares' before they allow a normal market bring this higher, as it will trend after a week or two. Imo dyor

[chickenchowmein] 23/5/2011 13:27

Hi all

Quiet now, amazing opportunity here, hopefully this will go quiet for a few weeks whilst I free up some fundys

[sitiain] 23/5/2011 12:38

new here..
my understanding is that the soft ware is already embedded for their tech in many hospitals and now they have the FDA approval they simply put in the soft ware keys and off they go.
i.e profit must be almost 100 percent you would imagine.
im looking thru an old edison report 2008.
where i believe revenues are expected around the 4 million pounds a year mark
no tax of course due to losses.
so
2.8 pence worth of cash
lets says 4 times revenue
i get 18 pence
easy for me to say of course....
why 4 times revenue i would think profits in the 80-90 percent mark looking at costs.
anyone care to add please thankyou

[cumnor] 23/5/2011 12:22

Agree, Snozzy. I am hoping it retraces further as this is one for the long haul for me and i will top up. The bulk of the buying recently has been at 7p plus with little serious selling. Clearly the mms will try to pick some up cheaper before rapidly hiking it to new levels as justified by news and low mrkt cap but i feel many are watching to get in or top up, incl myself. Occ shares,eg gkp, bem etc do fly. With mrkt cap of 10ml this could be one imo.

[snozzy2] 23/5/2011 12:01

cumnor...the FDA news is transformational, the share price was 10x the current price and more just waiting for that approval. With so few shares in free float this is the time to get in here and stay in.

[imabastard] 23/5/2011 11:31

It is an exceptionally small float .... :o)

[cumnor] 23/5/2011 11:17

As with all shares on Aim, Snozzy, there will be a number of stale bulls who want to take relief profits after a huge rise like this. This often happens when the share price has risen without news but MDST last announcement was transformational and real and what we have long been waiting for so once retrace done with there is only one way it will go, thanks to small free float for a penny share. imo dyor

[shroder] 23/5/2011 11:15

Cheers TBF,

[snozzy2] 23/5/2011 11:00

cumnor...agreed!...

[cumnor] 23/5/2011 10:57

Tough, BigFella, that you missed out on getting in at the lows. With small free float and now an open invitation into the world's biggest market, courtesy of none other than the FDA itself, it's tomorrow's turnover the market will be looking to and profit's, courtesy of high margins and unique medical/IT technology interface will be in the tens of millions before you decide to buy in perhaps? Retrace entirely predictable, may get to 6.33 on my calculations but will rocket quickly once they see few sellers and we are in for serious, not paltry returns. Not your usual penny share i'm afraid so don't wait too long. imo dyor

[the big fella] 23/5/2011 10:34

Shroser

I think the last trading statement sums up the challenges ahead quite nicely:

Group cash balance at 31 March 2011 of GBP4,373,000
(31 December 2010: GBP5,336,000)
-- Total assets position at 31 March 2011 was GBP5,123,000
(31 December 2010: GBP6,520,000)
-- Net revenue from external customers was GBP30,000
(31 March 2010: GBP39,000) of which GBP26,000 was
for ColonCAD (2010: GBP39,000) and GBP4,000 was for
the MedicCO(2) LON Insufflator (2010: GBPNil)
-- Operating loss before interest and tax of GBP1,467,000
(31 March 2010: GBP1,299,000)


My local paper shop has a higher turnover.

[shroder] 22/5/2011 15:12

TBF, what's your views on current past/management?

[the big fella] 22/5/2011 10:20

In response to some on this thread, I agree this could be a company making announcement and the yanks do like a bit of cutting edge technology. I remember Chris well (Fryern). I hope he and his family are well. Not sure if he still posts under a different Avatar.
For the record I don't have a position in these either way but have always followed their progress with interest.
Everyone happy now.

[gerri-c] 22/5/2011 07:25

It probably should be remembered that after such a rise, there's likely to be short-term volatility. There will be some who prefer to take a little off the table as it were, as well as those looking for an opportunity to buy at a lower level. Then there's the inevitable shorters looking for gaps to be filled at a lower level. It all makes a market they say.

[breeze333] 21/5/2011 17:57

April 27, 2011
Toshiba Medical Systems Corporation to Acquire Vital Images, Inc. for $18.75 per Share in All Cash Transaction.

With Vital Images being a partner/distributor in the US recently being acquired by Toshiba Medical Systems gives Medicsight a wonderful opportunity to sell their technology to one of the really big players in the MRI field. Have a look at

I am holding for a least a year to 18 months. I really think we will see some very significant sales being generated in the coming weeks and months as the US market comes on stream. Very glad to be in at this level. GLA.

[snozzy2] 21/5/2011 14:40

100p and FDA approval didn't come...
42p and FDA approval didn't come...
Now FDA approval has come...I wonder what will happen now?

[shroder] 21/5/2011 12:03

damanko, What's your thoughts on current management?

[shifter2] 21/5/2011 11:50

happy to give it another 6 months if tec not adopted then twas all pi!! n wind

no where to hide this is what they wanted so show us the money time

[imabastard] 21/5/2011 08:26

A reasoned post Damanko .... and very thoughtfully composed.

Many stocks who have a history of being a 'sows ear' end their life in the same category and others, often through luck rather than judgement develop into a 'silk purse'. There is no guarantee of success with any stock (including this one) but only dwelling on a negative aspect from the past often clouds the vision of it's future and the market tends to adjust the price of the stock based on it's perception of what it will be or what it could be rather than what it was. Something from TBF along the lines of ....

"Given it's chequered past, on face value, this appears to be a great turnaround or major positive step forward."

.... probably would have been better received.

[damanko] 20/5/2011 22:31

A small thing....

Perhaps best to not write 0ff TBF as an out and out deramper. This stock has history (don't they all...). Several years ago this was touted as the next big thing, and attracted a lot of BB type comment. It was called something else then, and became part of a stable of companies run by a bunch of financial engineers, which itself became known as STG Holdings.

The only people who made money out of all this - except for those with very lucky timing, were the people behind STG.

Medicsight (like its stablemate Accsys Technologies) was floated in a blaze of glory, and after a good run for both - became basket cases (for example, Accsys reached nearly 4 Euros per share). Check the share price now.

TBF quite possible followed this company - Medicsight - when it was an unquoted share, traded on the OTC market in the US. He may well remember its biggest fan, one Fryern.

This for info only, at least there is some good news right now, and most of us on this thread are no doubt hoping for more.

[ukmassy] 20/5/2011 18:54

Any guestimates for next week guys? Up or down. After all the buys today, I would say up.

[imabastard] 20/5/2011 17:02

Fek me, that last showing trade on LSE has got to be based on a foreign currency exchange rate .... price ..... " 8.530553"