*****This thread is setup mainly to gain information
relating to Mediwatch in a quick and easy way and IS IN NO WAY A
RECOMMENDATION TO BUY!********


Mediwatch-A Synopsis:
Mediwatch was established in 1996 and has developed a range of specialist
medical equipment for the diagnosis of urological disorders.The group joined the
AIM in 2000 through a reverse into Prostcare plc,which at the time was valued at
8m.While the vast majority of sales were generated in the UK,there was a
substantial indirect export business involving a number of agents,supplying into
Europe,North America,Australasia and Asia,notably Japan.
Group revenues are set to increase rapidly following the acquisition of the former
Medtronic Urodynamis Division,which has introduced a fundamental presence in
North America.The deal was in 2006 with the sales division building from 2007.
With the inclusion of the Medtronic systems now owned by Mediwatch they now
can offer a 'One Stop Shop' for the diagnosis of various urology disorders with the
benefit of Mediwatch systems having the ability to electronically send data from the
various tests to a central data base!Oh and plus the added bonus of PSAwatch and
now PCA3plus!

More than 30 million PSA tests are performed annually in the USA alone!

CHARTS

FUTURE EVENTS AND LATEST
NEWS

Just for the record and to even things up,this is Treblewide's view (near end
of 2008):

"in short 3p by chrimbo and a real chance if they do not get rid of management they
will go into receivership.....when they bough the MDT business I said at the time it
must have been a bag of shite as they only paid buttons for it.......looks like that was
fairly correct......i feel sorry for shareholders"

Treblewide has been filtered from my eyes for his abuse,lies and general behavior but
it's a free country (I think) so do as you see fit.


It started with:

Treblewide - 05 Jun 2007 15:49 - 33 of 1747
still short

Treblewide - 18 Jun 2007 00:24 - 69 of 1747
interesting stuff from that article...very few men die from prosate cancer and it is not an agressive disease....treatment can be worse than the disease.......kind of suggests their whole business model is based on sand to me.......but hey who wants a balanced view.

Treblewide - 18 Jun 2007 00:31 - 76 of 1754
exercise and sex may cause a raised PSA...so you guys may have stumbled on a test for fit shaggers :-)

I am gonna name Me-Di-Watch

Gonna-go-bust-soon-iwatch

Treblewide - 18 Jun 2007 10:59 - 85 of 1754
minder...i do not make light of prosate cancer....show me one post where I do...i make fun out of this company yes but not the disease so wind yer neck in pal.

show me any trace of a profit and i will maybe change my mind

Treblewide - 18 Jun 2007 15:54 - 97 of 1754
minder made a small loss yes which I have more than made up for shorting it........and i guess your average holding is 3p.....aye right.

Aalso I closed out my short at 8p for a loss of the spread if memory serves me correctly.

currently short from 13.25....i thank you and goodnight

Treblewide - 23 Jul 2007 12:36 - 154 of 1747
more of the same......thank god i still do not own shares in this lot...will they ever
make a penny profit....looks doubtful......cannot even manage a small supply chain.


ect ect ect

with the last few posts:

Treblewide - 30 Mar 2009 09:16 - 1704 of 1754
you are a lunatic mick.....words fail me.

and ps i only post under treblewide on any financial web site....i know you cannot say the same......you have been calling this as a buy and nothing but a buy for about 7 years...it says it all really about your stock picking ability

i notice the downtrend ins now establishing itself....re-visit of the lows again by the looks of things

Treblewide - 30 Mar 2009 22:41 - 1712 of 1754
mick no i dont know what each product does...i dont think that is important...the numbers tell everything and even though you must spend hours on web sites searching for stuff that is not even related to MDW you fail to grasp the basics...they consistently lost money and now seem to be making some...my call to 3p was correct and i think if they had not got their shit together they could have gone under

i was not interested in them as a long play while they were loosing money depsite whatever rubbish you posted regarding piss sticks or whatever you bang on about.

and yes it was poor trading..having an avergae of 12 and averaging down to 6-7p while they were at 3p....is terrible trading...that cannot even be debated...the very fact you know so much about the products means you have fallen in love with this company......which is very dangerous when investing....

the numbers are the important things...i was right on 3p, the company is posting slightly better figures but we are in a bear market which has not bottomed yet so the price will fall further

you are a 1 trick pony that posts irrelevant links...dont bother to respond i can be bothered getting into a debate with you.....away and cut and paste some more flags

toodlepip

**************************************************************

I have been chased from here and now ADVFN,has the boy got a problem?

treblewide - 3 Aug'09 - 14:46 - 22345 of 22412


post 22342 is classic.....so mick advfn is not a good source when the consensus is sell?

begs the question why you spend so much time polluting it with your bull tripe?

question....so MDW share price has gone up, it has gone down etc etc...during all of that time has mick ever been able to find any subjectivity in his posting ie has he ever critisised anything?

i really think he may be getting paid by MDW...the whole thing is very bizzare.

mick i notice you referred to your threads as "promotion of Mediwatch"

can you confirm if you are getting financially rewarded by the company for this?

treblewide - 3 Aug'09 - 23:55 - 22371 of 22412


664k overdrawn....takes a long time to pay back at 39k profit every 6 months.

drawn down overdraft has increased by 170k and they paid 33k to service that overdraft and made 39k profit...as i keep saying my local fish and chip shop make more money than this lot.

margins have been squeezed...psa watch now off the agenda in terms of updates....not 1 single reason to buy and yet you lot think this share price will go up??.....am mystified why it would increase? genuinely why is this comapny under valued?? i cannot see it and dont bang on about fairfax saying they are going to make x amount...they have never been near to getting it right

if i were a holder i would be selling now at 6p if i could and buying back in the 2-3p range which the chart is saying is now a certainty....i expecta full year loss

i told you all to sell at 14p and at 11p (it is all there in black and white) and that it was going to 3 pence..i got abuse mick called me an idiot and suggested it was going to 50p......still a sell and my short (which was posted in real time over the road) is nicely in profit.

toodle pip...will log back in when it gets to 3p....



treblewide - 4 Aug'09 - 00:19 - 22373 of 22412


664k overdrawn....takes a long time to pay back at 39k profit every 6 months.

drawn down overdraft has increased by 170k and they paid 33k to service that overdraft and made 39k profit...as i keep saying my local fish and chip shop make more money than this lot.

margins have been squeezed...psa watch now off the agenda in terms of updates....not 1 single reason to buy and yet you lot think this share price will go up??.....am mystified why it would increase? genuinely why is this comapny under valued?? i cannot see it and dont bang on about fairfax saying they are going to make x amount...they have never been near to getting it right

if i were a holder i would be selling now at 6p if i could and buying back in the 2-3p range which the chart is saying is now a certainty....i expecta full year loss

i told you all to sell at 14p and at 11p (it is all there in black and white) and that it was going to 3 pence..i got abuse mick called me an idiot and suggested it was going to 50p......still a sell and my short (which was posted in real time over the road) is nicely in profit.

toodle pip...will log back in when it gets to 3p....

treblewide - 4 Aug'09 - 10:49 - 22379 of 22412


still time to get out at 6p.....dont understand why you would not sell at 6p when they are obviously going to half in value...if you are a long term mdw bull you can buy twice as many shares at 3p and maybe possibly one day see a profit on your holding?



treblewide - 4 Aug'09 - 12:44 - 22381 of 22412


last chance to sell at 6p for your shares folks


treblewide - 4 Aug'09 - 14:48 - 22387 of 22412


so question...is psawatch is so great...why has there been no huge surge in revenue figures from UK and Europe on the back of it being sold?

the whole reason a lot of you hold this is psawatch...it has not made them any money in Europe which could be argued when taken as a whole is not much smaller than the USA.....this company is not going to change overnight with US approval...at bets it would be a selling opportunity for long term holders

i really think a lot of you have to ignore some of the nonsense ramping going on here...the company is draining cash and there margins are reducing (despite this wonder PSA machine they have for sale)

i really think the future looks bleak for mediwatch...if someone can put in concise terminology why MDW is a buy i am all ears....dont point me at fairfax report...they are a bunch of clowns as well...that interim report is shocking and i mean really poor.

costs out of control...margins squeezed, cash running out...no real revenue growth, does this sound like a growth company to you?

sell at 6p


treblewide - 4 Aug'09 - 15:50 - 22391 of 22412


god i have heard it all now...mick can you counter my points about declining margins and cash issues without nonsense posts about peopel having insider information...what a crock and what a clown.

so just so i have this straight in my head...when you put in effort to ramp these shares it is all great and you expect cuddles? (and if anyone disagrees you throw your toys out the pram liek an old woman)

when i put up a few posts to explain why i am short it is an organised attempt to get the share price down because i have insider inforamtion from the US?

were you the Iraqi information minister in a previous role? lol


treblewide - 5 Aug'09 - 19:24 - 22409 of 22412


lol.....shares getting sold today at 5.75.....next stop 3p...

treblewide - 4 Aug'09 - 12:44 - 22381 of 22408 edit


last chance to sell at 6p for your shares folks




treblewide - 5 Aug'09 - 19:29 - 22410 of 22412


i wonder what thier overdraft is limited to....1M?

if so they have 12 months of life left at current perfomance...how many of you hlders have considered the chances of them going bust?....i would not rule it out...would love to know how much further the banks will let them go into debt before they pull the plug

treblewide - 5 Aug'09 - 19:37 - 22411 of 22412


seriously if i were a holder i would look at the interims and ask how much longer can they go on burning cash.......and with all the averaging down the bulls have done over the years i bet some are more exposed than they should be....good luck...think you might need it




ANYWAY

http://mediwatch.blogspot.com/

Another really exciting day,volume wise.

Anyway,this study further supports the value of the PCA3 test and although it's with DiagnoCure Inc.and their version,all PCA3 tests are based around the reagents manufactured by Gen-Probe.

MDW/Bostwick Labs have a bit of catching up to do relating to testing outside of the USA but the market for this is big enough for all,imo.


A new study supports the prognostic value of the PCA3 prostate cancer marker
Ticker Symbol: CUR

QUEBEC CITY, Oct. 9 /CNW Telbec/ - DiagnoCure Inc. (TSX: CUR), a life
sciences company commercializing high-value cancer diagnostic tests and
delivering laboratory services, reported today that PCA3, the Company's highly
specific prostate cancer marker, is featured in an important article in the
November issue of the Journal of Urology. The new published study supports the
use of a PCA3-based test as a tool for better assessing the prognosis of
prostate cancer.

PCA3 shows prognostic value

The Journal of Urology article (180: 1975-1979, 2008) reports on a study
of 72 men with prostate cancer from whom post digital rectal examination urine
specimens were collected, before radical prostatectomy, and tested for both
PCA3 and serum PSA. The PCA3 score was shown to be a better indicator for
prostate cancer stage than PSA because it more accurately predicted the spread
of prostate cancer beyond the prostate capsule. The study also established a
correlation between the tumor volume and the PCA3 score, which could represent
an excellent marker for following patients on active surveillance.
"We are pleased that more peer-reviewed scientific publications continue
to confirm PCA3's clinical value. There are many clinical questions about a
patient's cancer that require reliable answers to make appropriate treatment
and surveillance decisions. PCA3 is currently used to better predict biopsy
outcome, but with additional studies such as this one, PCA3 is promising to be
even more clinically useful for prostate cancer patients", stated John
Schafer, President and CEO of DiagnoCure.
The PCA3 test is now available across the European Union and from five
laboratories in the United-States that offer a PCA3-based test using analyst
specific reagents (ASR) manufactured by Gen-Probe. The test is also available
at two clinical laboratories in Canada.

http://www.newswire.ca/en/releases/archive/October2008/09/c4619.html

MDW have updated their website with an 'In the Media' section featuring the articles from the Daily Mirror and Daily Mail,which is nice :-)

http://www.mediwatch.com/media.php

Edit-The 'Corporate News' section has also been updated but not sure when and displays official annoncements in list form rather than the slightly awkward to navigate 'Archives' section.

This part is pure speculation on my part that the Birmingham Prostate Clinic is using MDW products ie PSAwatch and PCA3plus

Firstly regarding the PSA test and the announcement below which basically takes on board the new guidelines put forward by the AUA last year,which is very good news in my opinion.There is nothing to suggest that PSAwatch is being used at this clinic but there is nothing to say that it won't be used in the future or the patient given a choice of wait a few days or a few minutes for results.

19/09/2007 MEN URGED TO KNOW THEIR PSA FINGERPRINT TO GUARD AGAINST THE RISKS OF PROSTATE CANCER


Secondly PCA3plus and the announcement below.What strikes me within this announcement is the lack of the PCA3 manufacturer being mentioned eg PROGENSA PCA3,PCA3 ProfileR or indeed PCA3Plus which is unusual.

24/09/2007 DNA TECHNOLOGY BROUGHT INTO THE FIGHT AGAINST PROSTATE CANCER

If we wander back to the July Interims and concentrate on the USA side:

US Office

"The Company has made some operational improvements in the US division. A clinical group has been established including a VP of Clinical Services along with a Clinical Services Manager.

This team will bring a high level of expertise and many years of experience in Urodynamics to the Group and will begin offering Urodynamic clinics to customers, provide clinical assistance to customers and upgrade the delivery service of capital equipment.

The US Division is in the process of reorganising the sales team. This change was brought on by the retirement of the existing VP of Sales Dan Parker.The company would like to thank Mr. Parker for his contributions to the business. The new VP of Sales and Marketing for the US division is Mr. Rick Hogan. Rick is a graduate of St. Joseph's University and attended graduate courses at Villanova University.He is a proven leader with 20 years domestic and international experience building businesses in the life science and medical device industries. Rick has marketed medical technology throughout the entire continuum of care.
Recent leadership assignments include: Vice President Sales and Marketing & Acting CEO, Diagnostic Test Group; General Manager, Orex Imaging; General Manager, Kinetic Concepts and Eastern Zone Manager, Becton Dickinson (BD), Point of Care Division.

The appointment of Rick Hogan will be of great benefit to the company in growing the business in the biomedical diagnostics area of products where the company sees a great opportunity for expansion.

The new Portable Urodynamic equipment has been distributed to the sales team for demonstration and sales purposes.This equipment will allow the team to carry their demonstration equipment rather than shipping the larger units.
This will significantly increase the number of demonstrations the team will be able to perform and significantly reduce the cost of conducting demonstrations.The company feels that there is significant demand for a smaller portable unit and this product will fill this gap in our product lines."

The bit that I have highlighted indicates to me that further tests using the Bioscan are on the cards which have been hinted at before and /or that a closer tie with Bostwick Labs is being negotiated to distribute their other tests throughout the globe.MDW have the distribution network already in place for a start and if PCA3plus is going to develop further afield than UK,Ireland and possibly France then further labs will need to be set up in various parts of Europe with Bostwick taking up the cost,I would have thought as MDW will be there to increase the through put.

From the Daily Mirror article earlier this week:

"The NHS hopes to have it by December and use it with a second test which checks for a gene produced by prostate cancer cells."

http://www.mirror.co.uk/life-style/sex-health/2008/10/06/10-minute-prostate-check-could-save-you-life-115875-20778585/

The second test must be the PCA3 test but whether it's MDW's PCA3plus is another question,I for one wouldn't bet against it.

Just a quick post as the Mrs B is hinting that I have work to do! :-)

Below is a list of UK hospitals that offer the PCA3Plus test,which from what I can gather are then sent to Bostwick's Lab in London for analysis and results returned:

Spire Roding Hospital (Redbridge near Ilford in Essex)
Spire Bushey Hospital (Watford,Hertfordshire)
Spire Tunbridge Wells Hospital (Kent)
Spire Gatwick Park Hospital (Surrey)
The Wellington Hospital (St Johns Wood,London)

I'm sure there are more and will update accordingly via a list in post 3 which can be viewed quickly by clicking on the link in the header:

Click for web addresses for the distributors of MDW products along with Hospitals that offer the PCA3plus test-Last updated 11th October 2008

I knew I'd heard or seen the name before!From the recent PSAwatch launch:

"Dr Tim Larner, a consultant urologist at Brighton and Sussex University Hospitals NHS Trust, said: 'We have come to rely heavily on the PSA test for prostate cancer screening in the UK, and it forms an important part of the specialist referral criteria used by GPs.

'This test will be invaluable for patients who have active surveillance of their PSA levels or for patients who need regular monitoring of disease progression or success of treatment. For these patients, any delay can cause extreme anxiety and unnecessary distress.'"

Daily Mail


Dr Tim Larner is a specialist at the Nuffield Hospital in Brighton as stated near the end of the 'PSAwatch in Action' video:

http://www.mediwatch.com/PSAwatch.php

Therefore it is likely that PSAwatch will be used throughout the 32 hospitals in the Nuffield chain as is likely through the Spire chain which can be seen to be growing in this direction already!

Also,The Princess Margaret Hospital in Windsor is stated as using PSAwatch and they are part of the BMI healthcare group!

Hmm,I didn't know this but Nuffield appears to be owned by 'Netcare',more info. within the 'Unaudited group interim results for the six months ended 31 March 2008' below:


http://reports.netcareinvestor.co.za/netcare_interim08/index.php

Edit-will have a better look another time as I'm not sure if they own part or all of the Nuffield hospitals.

Of interest from the Independent so thought I'd post:

How much lower can we sink? Fund managers see a glimmer of hope

"We asked six leading City fund managers whether things really can get worse, what more the Government should do and if there are any specific sectors or stocks that are worth investing in.

Surprisingly, perhaps, the managers were rather bullish overall, suggesting that those with cash should look at healthcare, energy and defence in the UK, as well as overseas emerging markets portofolios. They all recommended another 1 per cent cut in interest rates, following last week's half-point cut, and all were surprisingly positive that 2009 will show signs of recovery."

http://www.independent.co.uk/news/business/analysis-and-features/how-much-lower-can-we-sink-fund-managers-see-a-glimmer-of-hope-958350.html

So,that's MDW and GON covered,which is nice :-)

Ye olde coiled spring effect may be coming into play here...........or maybe not! :-)

i think your coil is broken

There appears to be an extra post but on investigation there is nothing there,how refreshingly strange! :-)

ha ha mick...block it out there's a good man :-0

we both know you are reading my posts...but you are good at leeping up pretences so this one will last for a while yet i feel

I do believe that you're wrong, blondie :P

i dont think so

This was originally brought up over the road and I'll have to have a better look tomorrow but makes for interesting reading.

I'm not too sure if it's a global patent or just GB for the PSAwatch sticks which gives further insight into the tests that may yet to be announced,hmmmmmmmm:

http://v3.espacenet.com/origdoc?DB=EPODOC&IDX=WO2008110781&F=0&RPN=GB2447296&DOC=ce973ee58c4500bb7932f2af771ec5953c


http://v3.espacenet.com/origdoc?DB=EPODOC&IDX=WO2008110781&F=0&QPN=WO2008110781

ha mick is ignoring me :-))))

oh well will continue to post my thoughts

This table (not the one I'm typing on) is quite interesting and relates to participants,delegates and abstracts from the EAU congresses.Since 2005 it can be clearly seen that there is a growing interest in this area.

http://www.uroweb.org/meetings-events/

The above maybe not that important and these figures may be similar across the whole health sector which in itself would be a good sign but it's of interest.

no one really seems to be buying this at 5p...looks like my target in the header i got so much abuse for could very well be likely

A most interesting article:

The Case For Prostate-Specific Antigen Screening Starting At Age 40

Main Category: Prostate / Prostate Cancer
Also Included In: Urology / Nephrology; Men's health
Article Date: 13 Oct 2008 - 3:00 PDT

UroToday.com - Dr. Robert Nadler, of Northwestern University, wrote an excellent editorial in a recent issue of Cancer regarding the commencement of prostate cancer (CaP) screening at age 40.

The National Comprehensive Cancer Care Network (NCCN) recommends an initial PSA at age 40 for men of all races. The frequency of subsequent PSA tests would depend on the initial level. Dr Nadler refers to work by Scales and associates that analyzed data from the 2002 Behavioral Risk Factor Surveillance System. This database is an annual, population-based survey from the Centers for Disease Control that determines the rate of screening in men between the ages of 40 and 50 years. It reports that 22.5% of men ages 40-49 had a PSA test the previous year, compared to 53.7% of men older than 50 years. More African-American men than Caucasian men were screened (33.6% vs. 21.5%).

Nadler believes the data is encouraging in light of the fact that most primary care physicians are not aware of guidelines to screen men at age 40. He points out that a baseline PSA at age 40 serves as a starting point for determining risk. For example, the median PSA level for men in their 40's is 0.7ng/ml and for men in their 50's it is 0.9ng/ml. An age-specific median PSA between 0.7 or 0.9 and 2.5ng.ml results in a 14.6-fold and 7.6-fold increased risk of developing CaP for men in their 40's and 50's, respectively. Carter reported that men with a PSA velocity of 0.35ng/ml/year or greater were 5 times more likely to die of CaP more than 10 years later. Thus, a baseline PSA at age 40 serves as a starting point for determining PSA velocity and detecting CaP in young men at risk. Nadler suggests that to be effective, PSA needs to be measured yearly beginning at age 40, while the NCCN guidelines recommend if the initial PSA is 0.6ng/ml or less, it can next be rechecked at age 45.

Men with a PSA of 4.0ng/ml or higher who undergo radical prostatectomy have a 30% chance of positive surgical margins and thus worse outcomes. Decreasing the PSA threshold for biopsy and treatment to 2.0 or 2.5ng/ml would decrease this risk, Nadler writes.

Finally, he pointed out that the death rate from CaP in the US has decreased from 41,800 in 1997 to 27,050 in 2007. Yet the position that small cancers are unnecessarily treated remains a counterargument. For these men, a diagnosis does not mandate immediate treatment and active surveillance with expectant management can be appropriate. He supports the counterargument with the issues of cost and complications of the biopsy procedure, not to mention the psychological burden of a cancer diagnosis. Yet, in conclusion, the guidelines and rationale for CaP screening beginning at age 40 are well presented by Dr. Nadler, and serve as important information for urologists and primary care physicians.

http://www.medicalnewstoday.com/articles/125251.php

Hmmm,this slipped the net.If as the Daily Mirror states (relating to PSAwatch) but I wouldn't take it as gospel:

"The NHS hopes to have it by December and use it with a second test which checks for a gene produced by prostate cancer cells."

then it would make sense to have a month long campaign to bring awareness and may be part of a gov./NHS push during this month,just a guess though.

Mediwatch have had plenty of time to demonstrate PSAwatch to the NHS so December 2008 may not be far wrong and along with 'The Prostate Cancer Charity' extending 'Prostate Cancer Awareness Week' to a month long event which if it had happened earlier this year you would say jolly good but from a MDW perspective not much effect!Now,MDW are in a different position especially with the recent 'Official Launch' of PSAwatch,lets wait and see.


The Prostate Cancer Charity Announces First Ever Prostate Cancer Awareness Month

"The Prostate Cancer Charity is pleased to announce it is extending Prostate Cancer Awareness Week to a month long event.

The inaugural Prostate Cancer Awareness Month will run in March 2009, with a four week programme of events, partnerships and awareness-raising activities."

"By giving ourselves - and those who support our work - more time to raise awareness throughout the whole of March, we stand a better chance of making more impact and reaching out to more people during the awareness campaign.

"It is a logical move to build the event further to enable us to spread the wealth of activities associated with it, as well as to give us more time to deliver high quality messages to the right audiences.

"The move will also offer support groups, healthcare professionals and volunteers running their own events more flexibility in timing them throughout the month.

"I am very much looking forward to the first Prostate Cancer Awareness Month.""

http://www.medicalnewstoday.com/articles/122510.php