AGM today and starting to tick up.



http://www.mediwatch.com/

Banjomick, got plenty for now but could well make a further purchase when the up move begins. I don't worry about missing the bottom or hitting the top, as long as there is plenty in the middle it will do for me. I am surprised that we have not been recognised by the market in general yet but I don't think it will be long. MDW's products are too valuable to medicine to go unnoticed for much longer.

I am in at 8p.Hope this can take off,it deserves to.Ethel

it should turn north at 8.5............judging by the chart

Time to get in or get out of MDW? It seems close to strong support around 6 to 7p so I will hold for the time being,

When I bought (9.75p) it looked as though 15p was clearly on the cards, very surprised how it has turned down. The Company has the products and they will hit the market. In the meantime as sutherlh1 mentions the support area is 6/7p, hope it holds or the climb back will be so much longer.

Keeping this in my portfolio, products are there, just need the deals.

Yes,this is a bit disappointing.Portascan 11 will be available mid 2005,they hope.All the arrangements are in place but there is'nt enough news to encourage buyers.This is a very small business,still loss making.Wish they could get the sales going...products are so useful.Suppose people don't get excited about bladders and prostates...preferring to invest in oil companies who have'nt even started drilling....more exciting!!!I really feel that Mediwatch deserves more for their niche status.
Ethel,(the only lady member of the Prostate Club)?

Time to get in looks like now folks.

Admittedly Mediwatch have exciting new products in the pipeline, but they also have a full range of equipment which is being sold into a wide range of global markets.

Rumour has it that a large deal has recently been signed with Japan (where they are already selling their products - so that's a fantastic vote of confidence) and this is expected to be announced during this month.

Also to look forward to are the approval from the Chinese/Hong Kong medical authority (SDA), Mediwatch already have two distributors primed for both of those markets with a range of products ready to sell in. This can literally happen at any day now.

And...the big one - the US distribution deal. FDA approval was gained over a year ago and legal wrangles over product naming etc. held things up until the end of 2004. I reckon a couple more months and the US deal will be in the bag.

A lot of ifs overgrowth but worth a dabble.

zscrooge - no "ifs", they're all going to happen - it's just that we don't know exactly when.

Mediwatch have a habit of churning out RNSs within a couple of weeks of each other, keep an eye out for this and you'll ride the bounces well...

That was a big drop for no real reason!Nothing has changed,that i know about,mm's just trying to scare us lol.Small volumes dropping sp and small volumes raising it.Should be interesting then,when or if they get their licences me thinks.

All buys today - could that news be coming soon ?

Nice bounce today from an oversold position. Would like to see some follow thru tomorrow to give some confidence that it is going to hold up around here. Let's hope for some encouraging news soon, otherwise it could drift off again.

Gone quiet today.

Very quiet indeed - only one trade that I can see.

People know that news must be just around the corner and it looks as though all those wishing to buy in early to enjoy the full rise of the big surge have done so.

Does anyone have any knowledge of how long on average it takes to get approval from the Chinese medical authorities ?

We know that MDW have only had a couple of months this year after all the legal holdups were sorted to get the US distribution deal moving again - so this we'll probably hear about last.

Regarding the Japanese deal, it should still be announced this month as far as I'm aware.

With these three great new items out in the open, I wouldn't be at all surprised to see Mediwatch trading at around 30p.

Slightly longer term when everything is falling into place, I know that the board are convinced that the sp will be 1+ as they've remarked on this before.

Nice tree shake the other day to get some stock, IF it happens again I'll make sure I'm ready for some more!!!

I agree andy, always worth getting the best possible price, because when these take off we won't be seeing sub 10p again.

A real long shot - I went to school with an Andy Smith - does Grayson mean anything to you ?

No, don't think I am the same andysmith.

There must be a few of you around - I said it was a long shot lol!

Looks as though the MMs are wanting to accumulate stock L2 4v1 - I think news must be very close!