The engines have fired up at last for MDX. ( BPRG ) At long last they are being recognised for the force they will become over the next two years. On the cusp of disclosing huge revenue-earning deals with Global pharmacists. These have been hinted at as being unrolled before the years end, but may be in the next days.You still have time to get in at a bargain-basement price before the SP takes off for real shortly.

Alison.You dont even think! Let alone like me!

we aint investors:-)

YesI can see that!

Does anyone know what the average sector PE is for a MDX 'type' company?
+
Is the figure of 213,866,433 issued shares correct or did they knock out another load post AGM?

PE ???? .... don't you have to make a profit to have a PE ?

No! .but take 5p..put your shorts on and fu*k off up the M25 in the fast lane! You will soon learn about PE!

Well spotted, Dil.

I seem to remember forecasts saying this lot would be highly profitable in 2004. Still waiting.

Nasty drop today after yesterday's false dawn. ;-))

Want to run a relay alison!

What about yield (erm), ROCE (joke!), NAV (zip!), etc, etc?

What about a 40 ton juggernaut!

Yeah but they do release some nice RNS's Al ... "jam tomorrow" , "possible takeover" , "would have made a profit if there were no accounting standards" etc etc.

Highly entertaining if nothing else.

Not half as entertaining as Eddie Stobart plastered over your shorts!

They always give me a giggle, Dil. A bit like the "investors" on here. I don't find them quite as much fun as the ADVFN lot were, but this lot are still around, not having been wiped out. ;-)))

I did feel sorry for a few over the other side, though, espcially that rafboy (?). He'd got completely caught up and sunk his whole pension into this one company. Nuts!!

The only thing plastered over my shorts will be you when I take my morning constitutional, Tabatha. LOL!

Sorry alison I dont hang out in doorwayslooking for soup! You will have to sh*t in your begging bowl!

I'll s**t you out anywhere you like.

Well Dil according to their last set of accounts MDX managed to make a profit of just under 1M with a reported diluted EPS of 0.5p.

The reason I asked the question (although I would never base an investment decision on PE) is that today MDX are trading on a whopping PE of 66. MDX kindly provided a proforma projection within their last accounts stating that had the acquisitions been included over a 12 month period, a profit of 3.7m would have been realised. Even with this greatly enhanced 'potential' profit their PE would still have been somewhere in the region of 19, possibly close to the sector average. Admittedly PE is historical in this context and makes no allowance for growth, but MDX have failed to grow their own products very much in the last four years from a revenue / profit perspective. Seems to me that MDX is pretty much fairly valued right now and why would anyone want to offer a premium to the SP to take them over. Possibly synergies / cost savings with saimilar product lines will play a part.

Now what are you saying Alison? and think about it very carefully before you answer!

Why?

Agree pt thats why I laffed when everyone was hyping a 120p-150p takeover earlier this year.

Be lucky to get 60p in the current climate.

Where's Scotty ... his mum locked him in his bedroom or something ?