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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mediwatch | LSE:MDW | London | Ordinary Share | GB0006633738 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 5.875 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 5.875 | GBX |
Mediwatch (MDW) Share Charts1 Year Mediwatch Chart |
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1 Month Mediwatch Chart |
Intraday Mediwatch Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 01/10/2014 | 16:09 | MEDIWATCH ...The World's First rapid PSA test for Prostate Cancer. | 32,117 |
| 23/12/2013 | 20:58 | Mediwatch - Saving & Restoring quality of life with global urology portfolio | 1,347 |
| 23/12/2013 | 16:53 | Mediwatch-Solutions for the Future | 360 |
| 06/2/2013 | 12:32 | http://uk.advfn.com/cmn/fbb/thread.php37id=29016477 | - |
| 12/11/2012 | 11:50 | Mediwatch - down the pan? | 14 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 23/12/2013 14:34 by troutisout hulk2004,As in everything shareholders tend to overhype the situation, certainly the early MDW days did that. However PSAwatch as a product although good was never going to take off in this country. MDW was too small to take it internationally in any real way. In the end MDW was spread too wide and too thinly, it really did need more behind it. Unfortunately they were unable to get any real backing and therefore could just continue as they were and bring the new products into reality and hope that a certain company offered to acquire them. Laborie have been sniffing around MDW's market for quite a long time now and the BoD were well aware of this. They have been very good at adding things to the shopfront window and making sure the window was dressed as well as possible. Sometimes this is ignored, although some have aired their grievances the BoD have managed to get us a large premium to the share price over the last 2 years. Yes it may leave some out of pocket, but a lot less than they were back in September at 2.25p bid. Anyway, it is now coming to a close and people will soon have cash, instead of MDW paper and that in itself is a start. Good luck everyone. Trout. |
Posted at 11/12/2013 21:54 by dorset64 Trout, my point about being right was that I stated it was the wrong business model for MDW to be releasing experienced sales staff, in favour of taking on university graduates. You argued against me on that but in your latest posts, you then go on to state that the cost cutting (graduates instead of sales staff etc.) was unsustainable move & MDW would fail if they carried on.That to me tells me that you now agree with my previous posts and they were correct. One other point I don't really understand, and perhaps I'm being a little thick here but why are Lab paying in excess of £10m for MDW, when they have also now bought MDW's suppliers which, in turn they could had simply turned off the supply tap to MDW. If they had done this then MDW, along with it's share price would have drowned as with no supply, they would not be able to carry on with their business until a new supplier had been found. So the question is, are there other suppliers out there that could have supplied MDW and, if so how long would the authorities/approval |
Posted at 03/12/2013 14:09 by troutisout Banjo, I hate to say this but the time for optimistic thoughts was six months ago, not now.I don't see another bid coming in, there was only one other possible suitor I could see, however for them to really be able to counter offer they would have needed to come forward as soon as MDW announced the approach. I am not sure who you think might come forward, but CR Bard have been reducing their urological side, the other big medicals haven't come close to urodynamics so can't see them coming forward and why would anyone buy MDW for PSAwatch when they could probably get it for much less from Laborie, if Laborie wanted to sell. You don't think I haven't been enquiring and speaking with people on this? There seems very little belief there will be a counter bid now. The chances of a counter bid are also reduced by the workings of this deal which Audax have managed to sew up tightly. I cannot believe that people are now valuing MDW higher than £10.5m, when just over two months ago it was valued at a third of that and people weren't bothered with the undervaluation then. Audax since their initial approach to MDW have tied up the acquisition of T-Doc, they aren't going to raise the offer now, so it is really time to bite the bullet and move on. I certainly welcome the chance to get my capital out of this illiquid and unsupported share and invest elsewhere, where was all this optimism and positivity over the last couple of years??? Why are the posters that have spent the last couple of years bemoaning the Company now positive? Because the only way they can get their wish and see it fail is to get the offer rejected and watch MDW struggle on. They know that will happen and they can then continue to tell us how bad our investment is. 6p was never going to suit everyone, but 6p is 6p more than nothing, it is 3.5p more than the share price has been sitting at most of this year and it is being offered in cash and shortly. Even if the offer doesn't go through for some reason or another, how will Mediwatch survive? How will it service it's debt, pay off the costs of the approach, how can it fight against Laborie? It has two products in R&D which have great potential but need far more funding, where will this come from? A rejection of the offer, with the facts at hand, is like Turkeys voting for Christmas....... |
Posted at 03/12/2013 08:33 by troutisout Opto, the answer is simple, I have 'pushed' MDW for the past couple of years simply because it was worth more than £3.5m, now it hasn't just been words, I have invested a lot of money in MDW over that time as well.I can only form opinions from what I have in front of me at the time and obviously since this offer has come out so have other things and one of those things was to see what the resolve of the major holders were. Having spoken to half a dozen of the largest holders and instis, I now know they are not for anything but an exit. I also know their level of knowledge on the Company is very good, it eclipses that of a lowly PI. Since then I have found out about the debt situation, the T-Doc acquisition and really the only Urodynamic company likely to buy us was Laborie. It would have been great if the share price was 6p and they then came to offer, we would have probably got 8p or 9p then, however the share price wasn't there and the present fundamentals mean a much higher bid is not justified. So with all these factors coming out now, yes I have decided that there are no real alternatives. Trout. |
Posted at 03/12/2013 08:10 by troutisout banjo/opto, As I have always done on these threads, I have tried to post honestly and what I have found out, some of the stuff I cannot post on a public forum, some of the stuff is from private e-mails and therefore I cannot repeat. The nature of this is being spun by some here, who I believe are still wanting to see MDW fail, the only way they can do that is see the offer voted down. Why am I so sure of that, because I am, yes my average is much lower than 6p, yes it is not all about me, but read those posts above and see what has happened less than 6 months later. I have posted what I think from what I have learned at the time. I posted there could be an offer at 6p and this would only be higher if the share price moved upwards and the market supported the price, it didn't so 6p has rolled up. I couldn't make you all buy back then, I didn't want to do that, but I wanted to try and say what I saw as the options so that people could make up their own minds. unfortunately my posts were soon drowned by some trying to score points and so maybe some missed the message in them. Now the one hope here was a counter bid, we haven't got one. We have Directors and Institutions/large shareholders voting yes for the offer. Why do you think they are doing so? Stop the dreaming of what could be and think what would happen after a No vote, the share price would drop back, most of the above shareholders would sell out and you have no chance of anyone else buying their shares, why because these people know what is happening what the options are or are not. If you are moaning about an offer at 6p, I can't wait to see what you say when the share price is back down at sub 2p. Remember when the share price was at 2p only a few people kept on buying through that, these same people won't be able to do that again, there is no way the market will soak up Institutional sells, let alone if PS decides to call it a day. Read the document, MDW's debt will be £1.8m by the end of the scheme period and that is without all the costs of this offer, the costs of an aborted offer would be down to Mediwatch in the case of a no vote. Last time that was £100k and there wasn't even an offer made, this time it would be multiples of that, where will they get the money to pay for that? Have a look at the loans they have recently taken out, who they were with and at what rate, does that look sustainable? Please think and don't listen to posters who have continually been negative about MDW, that have been caught out with the offer and subsequent rise and are trying to persuade you to cut off your nose to spite your face. 6p is far better than 2p,1p or even nothing, don't let emotion get in the way here, this is about cold finance here. DYOR, Trout. |
Posted at 21/11/2013 13:56 by troutisout So on the above note, I think it is probably time to bid this thread farewell, I have enjoyed meeting and speaking with so many of you and I am sorry that some weren't able to average down and come out of this with a bit of profit.I have enjoyed Opto and Abergele, who have been constant supporters of the price when they could with their little buys here and there and hopefully that has added up to a nice pot. Nick who set up the other thread and has done so well on picking three shares that all look to make him a lot of money, he was lucky to be a little late to the party here and so started buying sub 3p. smudge who was a founder member of the poker club and who managed to extricate himself from the clutches of MDW before the price dropped too much, he has always kept an eye in here and too has made some good investments since. He always had a nice word to say about PS ;o) genie who had built up quite a holding and was a year ago thinking of selling up, I am glad you didn't and got a better price this week. banjomick, his research was absolutely brilliant, the work he put in those years ago was worthy of mention by urologists and by the directors, his blog is read extensively. To the other investors here that read in, but didn't perhaps post that often. ladybird, who was always able to put a slant onto it, but I do believe managed to add a few more shares earlier this year and so may well have made a little profit. There is a fine balance between being negative and cautious, if you are too negative when investing then move on (you will never buy in and so don't need to spend time on it), if you are cautious then keep so, this is a nest of vipers and caveat emptor is the correct way to be. I think in the end ladybird was cautious and also liked to spar a little, that is fine because both sides of an argument need to be heard, some of ladybird's comments made me look again to re-confirm my view. Many of his comments and moans were put in my e-mails to the BoD! p1nkfish, timtom2, carefully does it, can you cheer up now, you have made a profit now move on. leedslad, supported the price on drops over the past couple of years and hopefully will be able to benefit from that, lucky he didn't buy that house in Spain though and that he was investing here right up until recently. Barrywhit, Barry you have been a stalwart on these threads, a sensible head and a good person, I know you bought in a long while back and with others too from that era, it was a different time though and everything was very positive, that changed over the years, firstly PSAwatch was a debacle when it was first launched and then a mix of the aborted offer, global financial situation and Instis selling out, knocked the MDW share price into a cr@p place, where it never recovered. Unfortunately it looks like we have missed out on the opportunity to get the best out of any potential in further years from MDW's products, etc. I for one will be pleased to be free from being stuck in such an illiquid share and will take my money on to other investments that might see even better potential than this would have. I don't think anyone can deny...... It's been emotional....LOL! Cheers all. |
Posted at 19/11/2013 11:32 by dorset64 Can someone clarify for me as I may just be being simple here.Question, once the deal with Lab goes through are they planning to take MDW private & off the market, or is the plan to keep MDW listed, plough money into it and to keep the two co's separate? For those selling out now & if kept listed, would it not therefore be a good time to hold and to see if your shares will gain over the coming years with the backing of a 'large corp' in the industry with respect to monetary terms? The 'scheme', what exactly is the scheme and for them to use the tax offsets available to MDW, surely they would have to keep MDW running but to 'adjust' their profits into MDW for it to be effective and, if so and with MDW hitting profits, then the share price should go up along with the profits. |
Posted at 18/11/2013 09:35 by davidosh For me this is a very interesting case study in how the market works in small caps.Firstly as someone who heavily invests in small companies I find it important to know the dynamics of those running the company and also those who make up the shareholder register as ultimately the shareholders do have a vote in situations that develop like this. Secondly I am now interested in why the share price remained so low for years if the company was ultimately going to be worth at least double that share price and clearly many of you feel much more as a multiple ! Why were some of you not buying the shares and taking a greater percentage of the company to show your confidence and block any opportunistic bidding or at least improve the ultimate bid price ? NOTE... Spot the difference at Inditherm IDM where a number of private investors bought out nearly all the institutions and weak holders at around the same share price as MDW had been at for three years and now individual investors like you and me hold about 80% of the company. Three of us hold nearly 50% so if a Laborie want to negotiate they need to take us inside on the deal and not just the directors ! Thirdly....How many regular presentations have Mediwatch done for investors to get to know the company and allow any potential to be gradually realised in the company and ensuring the share price keeps up with any potential and so preventing a bid that disappoints long term holders ? Finally...How organised are you all if so visably disappointed ? What are you going to do and do you have more than the required number to block the scheme of arrangement ? You will need MORE THAN because the nominee accounts system works against you and so many will bleat loudly here but then never get round to doing everything required to activate their voting rights or hold spread bets and cannot directly vote or worse still the nominee holder never gets in touch with shareholders and sees the recommendation by the directors as the default option and votes the opposite way to your likely intentions !! A first step may be to at least establish how many shares your dissenting group will be holding but always remember that such holders are not locked in so may sell part or all of those holdings if they get a price close to the bid and see another opportunity in the market so that percentage can be fluid and you need a strong leader in any campaign. If you want to organise yourselves then you may want to read the many action group cases that ShareSoc the individual shareholder organisation has helped over the last three years www.sharesoc.org For those who are investors in companies I feel it is important to be a member of such an organisation and it only costs £35 a year to be a full member. For the record I am not writing this as a disinterested onlooker as I do hold shares in MDW and have done for two years but as noted earlier I have a very real interest in the wider small cap market and particularly in Inditherm which I see as a much better placed company in its market opportunity. |
Posted at 17/11/2013 20:09 by dorset64 troutisout 17 Nov'13 - 19:34 - 31863 of 31864 0 0Hi all, Just a look in here, they haven't granted an extra day, they have given them an extra weekend and working day. I don't think they would have stopped negotiations because it is the weekend, so it is quite possible we see a 7am RNS. -------------------- troutie, pointless post as you know, like everyone else exactly what was meant. Negotiations had to stop on Friday, read the RNS, hence the extra day. Barry, you are correct of course but it would had been lab not MDW asking for the extra day, so they must be nearly there with an answer I would guess. As abergele says it could just be the paperwork including the clauses that they have to agree. I couldn't see MDW granting anymore time if 1, if Lab had not given the impression that they were about to make an offer and 2, if the negotiations to date were not amicable. I was recently approached and I too afforded the suitors more time after initial negotiations and, although the $ offer was great, I walked away as the make up of the deal itself was not right at all. They have since re-approached but I declined as the same clauses were still in place, albeit with a slightly higher price. After all this MDW may still blow them out of the water if the price isn't right for them, not forgetting shareholders and to most onlookers this should be seen as MDW being in a strong position going forward, but I doubt the markets would see it that way & would hit the share price |
Posted at 06/11/2013 14:23 by greedfear If Laborie was to walk away I believe any dip in the share price will be very short lived, provided the company is not going to surprise us with bad numbers and/or prospects (which I do not expect to happen at all).Clearly MDW has a committed shareholder base that would gladly take up more shares at lower prices. Besides the shareholders that reported owning 1%+ I think we would be surprised about the ones holding a number of shares in the 0.5%-1% range (I'm being one of them). A lot of long termers so I'm not worried about a possible price dip. The large numbers of 1%+ (or 0.5%+) holders is very reassuring as it will not be easy for Laborie dropping a low ball offer and getting the necessary support. I do not believe for one second that current larger holders have been in this "game" to get something like 6p in the end. A double digit number seems fair and that would get my support but nothing less. Am still expecting the share price to go up very soon. Hoping for it anyway because as it currently doesn't reflect the value, it will without any doubt be used as an argument by Laborie (well you see, the market KNOWS you're about to be taking over and yet it is not even willing to pay 4.25p, so Xp seems generous [or something like that]). I feel with any day that passes the chances of a Laborie t/o [or others joining] are improving and expect the share price to improve likewise. Anyway, just my opinion (what else?), BOL holders! |
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