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Maelor wins Approval (MLR)     

ainsoph - 24 Apr 2003 09:00

Bought a few of these as the news seems to be getting better and I am sure we have now seen the bottom

ains




Maelor Approved to Hold CE Marks


Maelor plc, the AIM quoted specialist healthcare products company, is pleased to
announce that its wholly-owned subsidiary, Maelor Pharmaceuticals Limited, has
been certified to hold its own CE Marks for medical devices associated with
sterile catheter irrigation solutions.


Maelor CEO Stephen Appelbee said:


'This approval is important because it will enable us to develop and launch our
own product brands using a Maelor CE Mark. This now allows us to accelerate the
launch programme of our range of sterile catheter irrigation solutions into
several worldwide markets under our own brand. Now that we have established our
certified status it will be a straightforward process to extend this to other
devices being developed from our pipeline.


It is also formal recognition that Maelor maintains the highest quality
standards in the development and manufacture of its products

beemer2 - 29 Jun 2007 09:21 - 183 of 276

10B SHOULD BE BANNED FROM ALL BB's...

David10B - 29 Jun 2007 09:26 - 184 of 276

Why just for showing you COH has a LOWLY NAV OF AROUND 6P AND YOU PAID MORE!

Come, come, come my dear sir please- When the chips are down you have to learn to take it on the chin in this game.

beemer2 - 29 Jun 2007 09:35 - 185 of 276

I paid 11p as did a vast majority of COH shareholders and so I am sitting on a massive profit with a lot more to come...whilst all you are sitting on is your very sore rear end and spouting the same garbage day after day.

Come on Ian...TIME HE WAS BANNED.

David10B - 29 Jun 2007 09:56 - 186 of 276

THEN WHY ARE YOU WORRIED ABOUT WHAT I POST---COULD IT BE PLAN GREED?

OPEN HONEST AND FRANK DISCUSSION.

I LAY A CHALLENGE TO YOU AND TO IAN-----------

PLEASE SHOW ME ONE THING THAT I HAVE POSTED THAN IS WRONG CONCERNING COH---THAT SHOULD END IT!

AS IF YOU CAN I WILL STOP POSTING QED

beemer2 - 29 Jun 2007 10:50 - 187 of 276

10B

TIME TO STOP WAFFLING AND STOP DISRUPTING BB's.

I HAVE YET TO SEE ANY SUPPORT FOR YOU OR YOUR VIEWS.

YOUR ONLY REASON FOR POSTING IS TO DESTROY THE COH THREAD AND THAT IS WHY I AND OTHERS WANT YOU BANNED AS YOU HAVE ON iii.

COME ON IAN YOU MUST BAN HIM.

David10B - 29 Jun 2007 11:10 - 188 of 276

Come Sir you want me banned as I post only the truth.

Again you speak with a forked tounge.

I have never been banned from any BB,

Pick a post on iii and ask me to quote from it, any post you wish.

You see I only chose to post here, and to help make it a proper BB.

As I HAVE REQUESTED PLEASE STOP THIS CHILDISH WAFFLING ALONG AND SHoW ME ONE FASE WORD AGAINST COH THAT I HAVE POSTED!

THAT SHOULD NOT PROVE TO HARD FOR YOU---SHOULD IT?

cynic - 29 Jun 2007 19:20 - 189 of 276

sorry 10B, but you really are tiresome and monotonous and just downright BORING

beemer2 - 29 Jun 2007 19:22 - 190 of 276

cynic

You have seen the light...Oh Lordy.

cynic - 29 Jun 2007 19:26 - 191 of 276

no, but it's just taken me a while to voice it, if one can do so about light!

David10B - 29 Jun 2007 19:33 - 192 of 276

cynic I know! But I still get fan mail---strange is it not.

beemer2 - 29 Jun 2007 20:07 - 193 of 276

Who in their right mind would want to be in contact with you...LOL.

David10B - 29 Jun 2007 20:08 - 194 of 276

you would be very surprised

beemer2 - 29 Jun 2007 20:18 - 195 of 276

Surprise me ...LOL.

David10B - 29 Jun 2007 20:21 - 196 of 276

I REGRET THAT YOU ARE NOT IN THE APPROPRIATE CATERGORY TO RECEIVE SUCH INFORMATION!

beemer2 - 29 Jun 2007 20:27 - 197 of 276

More proof of your Walter Mitty existence...LOL.

cynic - 29 Jun 2007 21:14 - 198 of 276

beemer ... stop allowing yourself to be dragged into the tedious bore's inane droning.

David10B - 30 Jun 2007 09:49 - 199 of 276

or rather proof of the exitance of the peasantry---- would you not say.

Cynic I thought that you may have had a little more stamina.

beemer2 - 30 Jun 2007 12:55 - 200 of 276

Tenby

While you are being a tedious bore the SP of COH is still going north...the more you say it will go down it goes up...thanks.

David10B - 30 Jun 2007 19:09 - 201 of 276

"If we don't believe in freedom of expression for
people we despise, we don't believe in it at all."
-Noam Chomsky

David10B - 04 Jul 2007 09:43 - 202 of 276

Get read for the big bust out------
7. Maelor

Maelor is a specialist pharmaceutical and medical devices company in the critical care arena. A number of its products are 'must have' and represent 'life or death' for the patient. Its flagship critical care product, Volplex, is a blood plasma substitute that is used in operating theatres and hospital wards when a patient sustains heavy bleeding and requires fluid replacement. Since the sale of Volplex was brought back in-house following a strategic review by new management last June, Maelor's share of this market has doubled from 10 to 20 per cent. Competition is limited with only one other competitor, so there is still substantial room for growing market share.

However, the main reason for investing in Maelor is the transformational takeover of Acorus, which completed in May and funded by a 8m placing at 10p. Overnight, this has trebled the companys market capitalisation, strengthened and consolidated its niche position in the UK specialist critical care hospital market, and catapulted it into profitability. Acorus is a profitable and rapidly growing hospital specialist company with a highly synergistic portfolio of products also primarily focused in critical care.



Maelor says the acquisition of Acorus as transformational will create a strong, profitable business with positive cash flow. What the market seems to have failed to notice is that, as a division within Maelor, Acorus could have made an operating profit of 1.5m in 2006 against the 840,000 reported. In addition, with the acquisition of Acorus, which has much higher gross margins, margins for the enlarged group are forecast to rise further to 59 per cent from the 48 per cent reported in final results to March. The group is debt free and has an unused debt facility of 2m, which provides further funds for further bolt-on acquisitions. Trading since the period end is in line with expectations and, at 13.8p, its shares are on a modest multiple of 9.9 for the year to March 2009, when the benefits of the acquisition should really flow through. In May, there was cluster buying of 165,000-worth of shares by five directors at the placing price. The potential launch of Isoplex - a complementary product to Volplex - in 2008 is not factored into broker forecasts, either, which leaves the shares looking like a strong buy.




Source: Company REFs as at 21.06.07. *Source: Numis Securities. ** Classified under pharmaceuticals and biotechnology.

Nigel Milton owns shares in Celsis International, Corin, Deltex Medical, Maelor and Synergy Healthcare. During 2006, Nigel Miltons stock picks highlighted in the Best Small Stocks for 2006 feature in the Investors Chronicle (30 December 2005 issue) on average rose by 48.8 per cent.
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