AGM today and starting to tick up.



http://www.mediwatch.com/

there was a trading statement on the 27th may last year......so perhaps an update then.

maybe a deal or two to announce? here's hoping-- this share is only for the patient but could be a rocket when it finally gets going.

Overgrowth - how are we for cash?

Moneyplus, could the article be DELTEX MEDICAL (DEMG)? They have something called CardioQ. SP took a bashing recently as announcements dried up and delays expected. I sold out at 22p, had a bad feeling short-term and now it is 14.5p.
Do you still have the article as now would be a great time to get back in.
On MDW, I am sticking by this, same thing, we need some good news soon.

Andy I think you might be right as it was a monitor of fluid levels in the body post operative leading to much faster recovery. Times Friday 15th april page 4
Heart technique may save NHS 1billion a year.a trial in St Georges hospital S.London patients whose hearts were monitored left hospital up to two weeks earlier, suffered far fewer post operative complications. in operations blood is lost and replaced by fluids guaging how much is needed is tricky. using this new monitor the hospital is making savings of 1.9million a year. if rolled out across the whole NHS huge savings would be made. This does sound like DEMG but of course it is still only a trial in one hospital and orders from the health dept. are notoriously slow---does DEMG have the cash to wait for orders?
pity it isn't MDW after allmaybe something is on the horizon for them! cheers MP

zscrooge - I haven't much cash with the latest market falls, I don't know about you lol!

As for MDW its tricky to tell - all we know is that 6 months ago they had just over 300K cash at bank. However they've put up their prices and cut some costs and this should assist working capital leaving the spare cash for investment in new developments.

I think MDW may need to come back to the market for more cash at some point to fully develop their point-of-care systems so that they can be used across medical disciplines - and they will be able to do this without ruffling too many feathers after the US distribution deal is announced.

overgrowth - 18 Apr'05 - 14:13 - 242 of 242

after the US distribution deal is announced.



Well let's hope it's imminent! LOL

O/T

COH/RTD looking safer to me than here and in the healthcare sector HCEG seems more convincing and less speculative. Enjoy all your informative posts.

Are you a little optimistic re shares generally over next 6 weeks or so? Election, oil, US interest rates and gloom, IBM etc.

I'm generally optimistic though you never can tell what is going to worry the Americans next.

Election - I don't think it will make much difference to the markets whether it's a Labour or Conservative victory - the markets are likely to be slightly more stable around election time if Labour are returned based on the "better the devil you know" principle.

Oil - prices are coming down under $50 per barrel for crude and I believe that this will continue to come down relieving pressure in the US markets. OPEC are going to produce 500,000 more barrels per day which will help keep the price down.

US interest rates - tricky to call this one, expect further small increases much like we've had recently to keep the economy on an even keel.

Gloom - we're at the bottom of a market cycle - the doomsters predict that the recovery we've seen in the past 2 years is just a rally in a long term mega bear market. Most people are looking at a sideways movement in the UK markets (many stocks still undervalued) this year with some of the top taken off the US markets markets (as we've recently seen) because several stocks are seen as overvalued. I'm long on the Dow today so we'll see how it goes short term. Economic slowdown is predicted which is not a precursor to a market crash - just small corrections here and there.

IBM - I've worked with this shower in the past and I think they've only themselves to blame!

Sideways sounds right...quiet til September followed by fun and games til March?

Equities are projected to be more popular than shares,this year.The recent bullishness on the LSE lasted a good month longer than it should have done historically.So,the recent correction was inevitable IMO.The deterioration of the American market and the situation between China and Japan is a serious threat to the stability of world stockmarkets.
Will the investment in small caps,which is what we are nearly all interested in on this MM,suffer as a result of market uncertainty on a world wide scale?
I feel that the market will be news driven for the next six months rather than driven by prospective earnings,p/e ratios etc.
This means that we must only invest in companies with no or minimal debt;steady 3 year sp price;reliable management and a novel,possibility patented technology or idea.Dividends as an added bonus,of course.
MDW satisfies some of these criteria and I sincerely hope that they can give us some good news,soon.
When that happens ,I think that the fans will push up the sp very quickly!LOL

Overgrowth

u say "Labour are returned based on the "better the devil you know" principle"

well with tony blair as our dictator, he is the DEVIL

turning blue very quickly......is something about to happen?

Just when you least expect it up it goes, one you cant afford to be out of.

Of course it's nice to see a bit of blue, but let's not get too excited about a half pence rise on total trades value of 8K.

optomistic - a bit more exciting with a single buy this morning for around 17,500 - that's a lot of cash to invest in a small co. in one go.

Is this the start of the run up to some news ?

Yes overgrowth a good sized buy, yet the bid is still being held down, leads me to think that the dealers have stock on the books. As to the news it seems so long that we had some it must be due soon.

Tempting to add if we see the drops to tempt the buyers. Surely the RNS's are due soon, results due before end of June, need something positive before then.

Does everyone still believe? Tempting to top-up whilst low but where's the news?

Seem to be following you about tonight Andy. Still holding these, but not really anticipating any news, would be rather nice though!

PTH

http://uk.yahoo.com/