AGM today and starting to tick up.



http://www.mediwatch.com/

mort - I'm a fair bit down too, however MDW are really worth holding on to.

Bullish statements have been made by Philip Stimpson (CEO) on various occasions in the past and most of these are starting to take shape. The company is just starting to fulfil its ambitions of being a spectacular growth story.

At one point the press rumoured that PS had said that MDW would be 1 by this Christmas (this was when he thought that the US distribution deal was in the bag), this is not on the cards just yet, however the US deal has yet to be announced so 1 sometime next year is not totally beyond the realms of possibility.

MDW's goal is to sell their products in 100 different countries. They have a solid niche medical product range (which already sells well in the UK and Europe) and are destined to go far in the next couple of years.

This is great news folks....and it's not even the much awaited US distribution contract or the Chinese approval - we've got these to still look forward to.

This proves that the management are all out to make Mediwatch a global force to be reckoned with. This is a good sized order for a relatively small company growing rapidly.

Also great to hear "The contract also confirms that Mediwatch equipment is regarded as a sector leader by one of the most successful medical companies in the world.".

Price up 16% today, though there's going to be much, much more to come!


RNS Number:5009E
Mediwatch PLC
27 October 2004


Mediwatch receives 1 million equipment order.


DATE: 27th October 2004.


Mediwatch plc (AIM: MDW), the high-tech medical diagnostic equipment
manufacturer and supplier has received a 1 million order as part of a five year
supply agreement with Bard Limited, one of the world's leading developers and
marketers of medical equipment.

Mediwatch will supply the British subsidiary of major US medical equipment
distributor C.R.Bard Inc (NYSE: BCR) with its range of portable bladder
scanners.

The contract also confirms that Mediwatch equipment is regarded as a sector
leader by one of the most successful medical companies in the world.

Said Mediwatch CEO Philip Stimpson: " The technology we provide is increasingly
being recognised as some of the best in the business."

"This order demonstrates Mediwatch's ability to supply clinicians with the
latest, innovative, diagnostic solutions, harnessing technology to provide
patients with better medical care"

Mediwatch, based in Rugby, supplies advanced yet simple to use medical equipment
to screen for a variety of urological disorders. It is also developing a new,
smaller and cheaper PSA test for prostate disease.

Their innovative range of products includes:

* One Stop Prostate Assessment System - offering a quick and comprehensive
assessment of both prostate and bladder function with an integrated radio link
to other equipment.

* Portaflow - available in both Portable and Advanced versions which provide
clinicians with an immediate assessment of urinary flow rate in patients with
lower urinary tract symptoms.

* Portascan - a portable, battery-operated, dedicated bladder scanner which
measures bladder volumes and has the ability to store and print up to 20
images.

* Urosonic - available in both Portable and Advanced versions for assessment of
the bladder, prostate, kidney and testes, with a new pelvic floor module.


With increasing life expectancy and an ageing population, prostate and
urological conditions are among the fastest growing health problems encountered
by doctors today.


For more information, please contact Mediwatch CEO Philip Stimpson on:
01788-547888 .


Also, log on to our website: www.mediwatch.com.


Ends

overgrowth. it is definitely a start for MDW. I think the huge potential will be with the point of care PSA test.

Jules, I agree.

Didn't Philip Stimpson once refer to it as the "gold mine" :-)

Omer Karim does too:-)

overgrowth-that was a nice surprise out of the blue and the best is yet to come.
keep the faith

Mort - It certainly was !

Not much continuing interest as yet - just wait until the revenue from the Chinese and US deals starts to come through...

Anybody interested in these. Great little company. DYOR

The best time to be interested in a company, is when everyone else has lost interest.I have been steadly build my holding,as the price drops.The more the price drops before any news, just makes it a better buy.

Senaah
Full agree i have been doing the same buying below 6p when i get the chance. Topped up another 10000 today just wish had some spare cash.

Leedslad
Could be impeccable timing with today's announcement regarding legal issues being resolved and therefore the US being opened up. Perhaps that has been the reason why the long awaited announcement regarding "a US deal" has been delayed.

I've got a few of these tucked away in my SIPP at or around the 6p mark ;)

No stopping MDW now - full steam ahead into the US, China and Hong kong recently on the go and the rest of the world sales going well.

2005 will be MDW's year by the looks of things.

I sold at 12p last time - this time I may just hold - Merry Christmas

Have topped up, agree there should be no stopping it now, won't see this price again and back to 12-15 by Feb.

This share has largely been forgotton of late but that is set to change, last rally in anticipation of "the deal" went to 15p, and since then co. has announced more good news so should fly this week, I expect another very good day tomorrow, maybe +3p, what say everyone else?

Dont want it going up too quick or we will attract a lot of traders.
1p per week will do for me.
I Think we will attract all the tip sheets in Jan for the new year as there are not many companies with this potential for growth and low market cap/SP.
Good luck to all and a happy christmas.
PS not selling any of mine this side of 20p. Then will only sell 100000.

leedslad - I agree that a steadier rise is preferable.

The good thing with MDW is that there is no hype, the company has solid products and is going all out to market tons of them all over the globe.

The US deal when it comes - probably in Jan 2005 (now all the blocks are removed) will be a significant opening up of a massive market for MDW and we will see a sizeable jump in share price.

Getting approval for China will also boost the price because the distribution partner is ready and waiting with products to sell to an even more massive market. However, if sales are shown to be going great guns in China then we'll really have the icing on the cake.

All this can happen in 2005 and if it does, we'll be looking at a price close to 1. With a very modest performance I can see the price at 20-30p, so I'm very happy to be in with a good chunk at this early stage.

Looking good!

MDW decisively blasting out of the recent trading range.

I have a good feeling about this little company - they're going to become massive in the next couple of years. It's surprising that there's only scant interest on moneyam at the moment.

The first good news is confirmed, the next two to come as a guess will be:

1) US Distribution deal for a range of products (Jan-Feb 2005).

2) Chinese SDA regulatory approval to sell a range of products into China (Feb-Mar 2005).

And plenty more besides.

Evidence of strong sales into new markets in a trading update or results will really light the touchpaper.

Great time to buy - beware of waiting for the dips - they could be a lot higher this time round lol!

That was short lived :( The unpredictability of shares eh? earlier in the year these were going through the roof in anticipation of the large U.S contract which should come soon. I guess holders have run out of hope and had sold it down to the 6p level and don't want to get caught again, once bitten. But this happens and has happened to me with many a share. An example is Desire - was rocketing up to 5, collapsed to 9p, and now looking set to shoot back up but this time round, even though the data is much better than before, is rising at a more leisurely pace. I do believe this co will prove itself a very profitable investment and I am happy to be picking more up at just over 7p, cheap as chips! sure they will be 30p next yr, if not much higher

Twice as many buys as sells and down over 10% - Does that mean MMs have a large stock - it may level out a bit in next half hour - ever an optomist !!