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Hartest..... Good products. but . is management interested in its shareholders.? (HTH)     

Rothschilds Pigeon - 10 May 2004 20:24

Hey Guys
Did anyone one see the lengthy bit on the BBC Channel today Monday 10th May on Sky about the Digital Radiography System??....

The news reader said "24 have been bought by the NHS so far with a total of 150 being bought over the next two years."

"Its set to revolutionise X-ray viewing and filing, but at 200,000 a time they are expensive." it said

Its now just past 8pm and there could still be a chance they will show it again tonight so there's still a chance to see it... It looked a bloody good system...... so why is the share price floundering???

I sold my 75,000 shares out some time ago (I got sick and tired of the tactics of management)

Like me, maybe others love the products, but have lost confidence in a management that seems not to care for their investors.. (My feeling about them)

Kind regards John


PS I suppose one setback is that this is not an "On-going" consumable product like a new drug would be..... so financial gain from this product is limited unless it had a world wide market.

hangon - 12 Apr 2005 16:52 - 12 of 16

If you receive hot investment advice you have to wonder why they are willing to sell you shares that are so obviously going to rocket just as soon as you buy them. The reality is this co has been in trouble for ages.
The sp tells it like it is. There will be days when it peaks and days when it doesn't. May I ask what you paid and when was it?

tk34 - 22 Apr 2005 08:57 - 13 of 16

big money starting to roll into this one must be worth holding at these levels

mistd999 - 22 Apr 2005 13:58 - 14 of 16

hangon, I got in during Nov or Dec 04 at about the 4p level...was new to shares back then and probably a little naiive too or perhaps just lazy and willing to take their advice after one conversation.

I'm finding that doing my own research and being in control of my own portfolio via an on line account is proving to be much more profitable and enjoyable!

Not sure what to do with these at the moment.

Does anyone know how the open offer affects existing shareholders who got in at the level I did?

hangon - 10 May 2005 17:24 - 15 of 16

More sp bad news today, Down 8% but no RNS, so maybe an Institution is adjusting its position below 3% (after which they can ditch them without being black-balled by City types - only IMHO ).
This company has raised some millions, quite a surprise knowing their track-record but I noticed they only had 50% take-up equal to 200 million shares and there was another 600 million presumably from "somewhere else" - ie not part of the retail offer.

Maybe some "recovery fund" is buying-in and will hope to shake out weak holders, so they can grab the majority of shares and take this outfit out of its misery. Sadly, when co's get into this mess ( shades of Highbury House!) it's nearly always terminal News for Retail shareholders.
Maybe mistd999 should consider selling half on any rally, so st least some of the money is recovered. If it outside an ISA it can be claimed against any taxable gains....so it's not entirely lost, as it were.
Others have been keen on this stock, but I've never owned it. They never had a story with "focus" I thought.
All IMHO.

hangon - 19 Nov 2005 17:27 - 16 of 16

Anyone fo9llowing this thread may/not be aware that Perter Gyllenhammer now owns a significant % of this sorry business. I don't have any shares but just on a chance discussion looked for their website - grief it was hard work, eventually found it and then it's really hard wok finding waht the various sub-companies do. It's as though they are part of some secretive organisation that James Bond is trying to penetrate.
Well after about 5 mins I was non the wise (nor better informed), so I've given up.
If a company can't be bothered to show potential investors what it's up to, I think there is a good chance that the individual companys will have a similar view of their customers - I don't know this as fact, but it satisfies me as to a good reason not to invest. Peter Gyllenhammer has a reputation for buying into companies a watching them wither into dust. If he was a serious returner-to-profit man then I'd follow his lead, but it is my belief that his involvement signals something long and nasty for us Retail Investors.
Most here will have seen their investment fall approaching 90% and I see little to change that trend.
Companies fall into three groups - those that make us money - those that lose us money and those whose fortunes can go either way, but usually down.
I instinctivly distrust companies that alter their shares......haven't Management got something more useful to attend to? ...(reorganisation April05)
Regards.
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