Sphere Medical Share Discussion Threads

[cc2014] 14/12/2016 20:45

From the RNS "Sphere Medical is aiming to put in place more distributorships in other European markets over the coming months".

This I do find interesting as Sphere only write stuff in their RNS's they deliver. OK, to be fair we've seen some slippage in the past but this implies to me they have something partially or potentially lined up and a distributor isn't going to waste their time marketing a product that won't sell

[cc2014] 14/12/2016 13:15

Nice article here

[cc2014] 14/12/2016 13:02

Do we know what the Panmure note says. It's premium content and all I can read is they maintain their buy recommendation with a target of 17p

[timbo003] 14/12/2016 12:43

I was hoping that they would announce a few more sales with the launch of P4, but it looks like we are going to have to wait a bit longer for that.

[tini5] 14/12/2016 09:55

Trying to free up some cash to add here. Been holding since 13p so would like to average down before the price goes shooting up!

[cc2014] 14/12/2016 09:11

Me too btw. I bought 50k at 9.0 yesterday afternoon which hasn't yet been reported and I assume the MM's will report it when they are ready. I assume they will be happy to report it as a sell now that the order flow is on the buy side

[cc2014] 14/12/2016 09:08

Well it's now or never. The product is now available, they are at the London Critical Care Network today (where I assume they are having a soft launch) and we know P3 despite it's "user-unfriendliness" did sell a few.

[waterloo01] 14/12/2016 09:06

Just you and me then. lol

[cumnor] 14/12/2016 09:00

Bought in here. Decent punt. No one expected 3 to sell with the added benefits of 4 imminent. Now the real test but I suspect it will be snapped up in no time as an innovative, cost saver in ITU.

[waterloo01] 14/12/2016 08:57

Fair enough, been a very rough ride (and hence why I reduced a year or so back) but the 4 now does a great deal more than the previous iterations and according to the RNS opens them up to 50% of ICU patients. As I understand it, and I'm not as up to date as I should be, the 4 incorporates tests and functionality driven by user feedback, so if it's ever going to be commercial, now's the time.

I seem to be the only buyer so far, so definitely under the radar, but possibly with good reason? Edit: some more buys I see, and not mine!

[cc2014] 14/12/2016 08:55

Really great news this morning. I expect RNS on the sales in the first three countries to follow in the next month. Fingers crossed

[dr biotech] 14/12/2016 08:49

Think I will wait until they show some signs of sales - actual sales of ver3 appear to be negligable. Hopefully they won't start mentioning a ver5 - as soon as they do it gives customers a reason to delay or not purchase the current model

[waterloo01] 14/12/2016 08:39

Finally version 4. Total focus now on sales or maybe back to the original plan and do a global deal? Having reduced some time ago, I've added this AM.

[del44] 14/11/2016 15:11

There is very little on the offer side now...about 25,000 @ 10.50p and a few more at 10.60p.....so the large chunk that appeared to be there a week a go is gone....I could sell about 200K @ 10.17p

Quotes and trading in this stock makes no sense at the best of times....

[cc2014] 08/11/2016 20:15

I asked for a on-line quote as well today for selling 300k and was offered around 10.15. Suggest to me Winterfloods want stock.

If we get some newsflow we will be on our way

[del44] 08/11/2016 13:04

It is a tad bizarre indeed.
Perhaps news is imminent....and someone wants to take advantage of the lack of interest and trade. While the offer has been dropped the bid is unchanged. Any small amount of positive news on sales could be a catalyst for the sp, as nothing positive is priced in at this level......

A launch date coupled with a sales announcement would be nice for starters......

[timbo003] 08/11/2016 12:39

Yes Del, it's a bit strange as I am still being offered 10.33p for 200K and 10.188p for 240K (which is my entire SIPP holding), so at least one of the MMs is either short on stock, or wants to accumulate on behalf of a willing buyer.

[del44] 08/11/2016 12:22

Well looks like the sellers are starting to nibble away at that 200K on the bid.....

[del44] 04/11/2016 20:28

I tested that once before through my broker and it was never met!!
Also it is usually outside the quoted bid but I notice this time it isn't!!

[timbo003] 04/11/2016 09:15

There seems to be a lot of liquidity at the moment if you want to sell, I'm being offered 10.345p for 200K shares online in the SIPP. What's that all about?

[timbo003] 02/11/2016 00:33

Yes Del, it was unusual, no one else wanted to take the mic, so I just kept on going and managed to get most our questions in which resulted in recorded answers, so that was a bonus!

[del44] 01/11/2016 19:17

Cheers Tim....you wouldn't let go of that mike....LOL....
:-)

[timbo003] 01/11/2016 16:14

The video of last week's Shares Mag presentation is now available here:

[del44] 29/10/2016 14:36

Great info Tim especially about the venous gas!!!
Thanks so much...
Will copy some of this to LSE...
Cheers....