moneyman
- 28 Aug 2003 21:59
Please read these articles
http://boards.fool.co.uk/Message.asp?mid=7842473
http://www.advfn.com/cmn/fbb/thread.php3?id=3982666
http://www.medisys-group.com/Prelims_5_061202-1.pdf'
http://www.safetysyringesplus.com/info.htm
This has massive potential from products other than FUTURA which if it takes off will be the iceing on the cake.Let me give you the highlights from this Mays interims;
Financial Highlights
Financial performance improved significantly:
* Turnover increased by 9% to #20.1 million (2002: #18.4 million)
* Product sales increased by 25% on a constant US dollar exchange rate basis
* Earnings before interest, tax, depreciation and amortisation was #0.3
million (2002: EBITDA loss of #7.0 million, before exceptional items, as
restated)
* Gross margin 37% (2002: 33%)
* Selling, distribution and administration costs reduced to #4.8 million
(2002: #7.4 million before exceptional items)
* Profit before amortisation and research and development expenditure
#2.6 million (2002: loss of #0.8 million before exceptional items)
* Research and development expenditure #3.0 million (2002: #7.1 million,
as restated)
* Operating loss #1.3 million (2002: #9.2 million, before exceptional
items, as restated)
* Loss before tax #1.6 million (2002: #9.2 million, before exceptional
items, as restated)
* Loss per share 0.58p (2002: 2.58p, before exceptional items, as
restated)
Product Highlights
* Sales of existing products in line with expectations
- Sales of Assure range increased to #6.9 million (2002: #5.6 million)
- QuickTek sales to mail order market segment #2.6 million
- Sales of Futura Safety Scalpel #1.0 million in period
- Sales of Advance system #0.5 million in period
* Futura Safety Syringe and Flight disposable blood glucose monitoring
system remain on track for mid-2003 market launch
* Development of Spear capillary fill bio-sensor strip proceeding to
schedule.
Pretty impressive eh !!
Now since this we have had;
FDA approval for Hypogaurd
http://www.advfn.com/p.php?pid=nmona&cb=1064066532&article=4778825&symbol=LSE%3AMDY
Futura passing final quality tests with Smiths
http://www.advfn.com/p.php?pid=nmona&cb=1064066532&article=5023328&symbol=LSE%3AMDY
A partnership with Walmart for Flight
http://www.advfn.com/p.php?pid=nmona&cb=1064066532&article=5194692&symbol=LSE%3AMDY
Launch of Spear
http://www.advfn.com/p.php?pid=nmona&cb=1064066532&article=5250424&symbol=LSE%3AMDY
Medisys "buy"
Monday, September 29, 2003 8:28:27 AM ET
Dryden Financial
LONDON, September 29 (New Ratings) Analyst I Broadhurst of Dryden Financial issues a "buy" rating on Medisys (MDY.L).
2003 New Ratings
Now this looks to me a company growing rapidly.The more I look into MDY the more confident I become of the potential rewards.These will not be instantaneous but will come over a period of time.Look at the turnaround in those figures posted above.Now that was in a recession.
http://www.charles-stanley.co.uk/content/SMI_oct03.pdf (see page 4)
http://www.research.reuters.co.uk/Research/Earnings.asp?ticker=MDY.L&country=GB&mxid=100068815&companyName=MEDISYS+PLC&sym=RE
VERY IMPORTANT MESSAGE TO ALL BUYERS/HOLDERS - PLEASE LISTEN
http://www.wallstreetreporter.com/profiles/Medisys.html
moneyman
- 20 Sep 2003 16:50
- 6 of 106
A must read article
http://www.medisys-group.com/Prelims_5_061202-1.pdf
moneyman
- 22 Sep 2003 21:49
- 7 of 106
Interesting
Share Bear
Group Captain
Member # 3542
posted 21 September 2003 20:42
--------------------------------------------------------------------------------
I have traced back all the trades for the last 3 weeks (ADVFN doesn't store data any further back!) in MDY & AHT and would appreciate comments on my findings:
MEDISYS:
w/c 1/9/03: MMs bought more stock than they sold every single day of the week. At the end of the week they had accumulated more than 6 million shares!
w/c 8/9/03: By Wednesday, MMs had reduced their surplus by 2 million shares. Then they dropped the price and bought the shares back again (making a handsome profit), finishing the week with >6 million shares in MDY.
w/c 15/9/03: Mon-Wed, MMs accumulated even more stock & by close on Wed had accumulated 8 million shares (since 1/9/03).
Thur-Fri, they upped the price and sold off 2 million shares (again making a handsome profit!)
The conclusion I draw from this is they're expecting some good news from MDY and hence a huge demand for MDY shares & presumably we can expect a price rise so that the MMs can flog their
moneyman
- 22 Sep 2003 23:26
- 8 of 106
Old research note but a very interesting read.
http://www.mis-limited.co.uk/BBIC/review/med%2015-11-01.htm
beginersluck1
- 25 Sep 2003 00:30
- 9 of 106
Not looking good for the morning.
http://news.independent.co.uk/business/news/story.jsp?story=446798
moneyman
- 25 Sep 2003 21:33
- 10 of 106
Load of the preverbial my friend.
Screaming buy at 15p
houllier7
- 26 Sep 2003 16:52
- 11 of 106
Hold on to your hats guys.Comments from analyst at Nomura in today's Telegraph would suggest that MDY "are a definite buy at this level" i.e.15p.I've bought in lower again today and look forward to an early announcement on Smith's replacement as MDY's distribution agent.
scotinvestor
- 26 Sep 2003 22:57
- 12 of 106
MDY has taken a big drop again today. Has it bottomed out yet. And at what price will it rise to when it dos start to go again. I don't know much about this company apart from recent news with Smiths
moneyman
- 27 Sep 2003 20:36
- 13 of 106
scot please have a read here
http://www.advfn.com/cmn/fbb/thread.php3?id=3982666
Also something to think about....
Would the FDA have approved FUTURA if it didn't work ?
moneyman
- 29 Sep 2003 15:01
- 14 of 106
Monday, September 29, 2003 7:50:25 AM ET
Dryden Financial
LONDON, September 29 (New Ratings) - Analysts at Dryden Financial issue a "buy" rating on the Smiths Group (SMIN).
In a research note published this morning, the analysts mention that although the company had planned to promote the Medisys safety syringe in the US market, the actual customer performance results belied the test trials. Despite the acrimonious parting of ways, neither Smiths nor Medisys stands to lose, the analysts say. Dryden Financial believes that both companies have bright prospects.
2003 New Ratings
moneyman
- 29 Sep 2003 16:13
- 15 of 106
Medisys "buy"
Monday, September 29, 2003 8:28:27 AM ET
Dryden Financial
LONDON, September 29 (New Ratings) Analyst I Broadhurst of Dryden Financial issues a "buy" rating on Medisys (MDY.L).
2003 New Ratings
moneyman
- 06 Oct 2003 22:20
- 16 of 106
Looks terribly oversold;
Caravaggio
- 10 Oct 2003 17:33
- 17 of 106
Agree MM and hope so!....Dipped my toe in at the bell...22k @ 13.94p and agree cerainly not a one tool company.:)
Definatly room for plenty of upturn and looks way oversold after the Smith's rumble......though always difficult to call the bottom....lets give her some time and see what Santa brings.
Regards
C
moneyman
- 10 Oct 2003 22:06
- 18 of 106
Cara wish you good luck.The rally today was very unexpected so i wonder what started it.
Caravaggio
- 10 Oct 2003 23:27
- 19 of 106
Well MM "value" comes to mind,but as stated earlier always impossible to call the bottom of the graph...and prepared to give it time comfortable in the knowledge that it does look oversold.But mainly because I feel that the Smiths issue has blinkered many and an example of this is the deal with Wal-Mart announced recently,about the blood glucose monitoring system...text below for potential buyers...
LONDON (AFX) - Shares in Medisys moved higher after news that the company has signed up US retailing giant Wal-Mart Stores Inc as the partner for the launch of its 'Flight' blood glucose monitoring system.
The group said Wal-Mart will introduce the system at the annual meeting of the American Association of Diabetes Educators in Salt Lake City on Aug 6.
Certainly they do not come bigger than Wal-Mart in retailing and whist I expect a few rallies feel this offers great value and the message seems to have got accross in the last 20 mins.
Regards..
C
ps nice spread as well for a recovery stock...
moneyman
- 12 Oct 2003 19:40
- 20 of 106
Think we could see a further rally on Monday opening.
moneyman
- 15 Oct 2003 23:11
- 21 of 106
See page 4
http://www.charles-stanley.co.uk/content/SMI_oct03.pdf
moneyman
- 19 Oct 2003 21:07
- 22 of 106
Updated header.
moneyman
- 09 Nov 2003 22:09
- 23 of 106
Very important.Please listen.
http://www.wallstreetreporter.com/profiles/Medisys.html
llewellyn
- 11 Dec 2003 21:10
- 24 of 106
hope i very much that your faith in this company will win me over has i have been very disapointed so far????????????
moneyman
- 13 Dec 2003 00:11
- 25 of 106
Had a long hard think about a few comments made on this thread and wanted to post a response,
Someone on ADVFN mentioned that Becktons have captured the US market. Is this because they were the first to address the needlestick problem and everyone jumped in ? My thought is probably yes.
Now if there was not an alternative ,bar NMT, but that alternative was higher in price do you change ? NO
Now enter MDY with a comparable if not superior product. You evaluate. You accept and then you look at the price. Hey it's less expensive !
OK we know here in the UK that the NHS is looking at every way to cut back on expenditure and let's presume that it is the same in the US.
Now you have a company offering a comparable or superior product at a discount to what you are presently purchasing at ! What do you do ?
Now on a adifferent subject it is a well known fact that some investment companies will actually short a share to drive the price down and also the weeeker holders ! Is this what has been happening to MDY ?
There is also other market manipulation going on in different area's. As an example it is pure supposition that the MDY sales force will not be able to cope with sales of the Futura syringe so the analysts get worried. Hang on they never forcast that sales of the syringe would have any effect until 2006 ! Now MDY are saying sales will commence Q2 Fy2004 ! So they are taking not effect 2006 sales in 2003 and not looking at the facts on offer. Interesting.
Now take the Walmart deal. No one has really commented that the true sales generated from this will be realised next year. Everyone is interested in the Syringe which will not impact sales until 2006 but is going to be sold in 2004 !
Does it not sound that something is a little wrong here ?
My thoughts but IMO a BUY at these levels for the Future !!!!