AGM today and starting to tick up.



http://www.mediwatch.com/

Joined into MDW today bought 20k at 6.45p, great price cosidering i was so close to buying at 7.61p a few days earlier
Will top up more as it moves along.
Hope this does well for me just like RTD.

Good Luck all

RTD is storming away, but they have loads of shares to trade. When the good news comes out for MDW and the MM's get swamped with buys (with a relatively small amount in circulation) and can't buy any back themselves, the price will go into orbit!

Welcome parveen1 - you won't regret this move.

If you're interested, the CEO, Philip Stimpson, gave a terrific interview a couple of years ago to The Wall Street Transcript (http://www.twst.com/notes/articles/lxs018.html) - though you need to subscribe to see the full article.

Here he outlined in detail the company's strategy going forward over the next few years. It all seemed very ambitious at the time, however I have watched closely as the board have achieved target after target towards their ultimate goal to become a global leader in urological diagnostic equipment and point of care testing systems for urology and a variety of other fields.

Mediwatch are on the cusp of becoming really big - it's great to be in just before the major turning point, but it still amazes me how investors are happy to sit on the sidelines and see the really good prices pass them by.

At least it will leave a few folks to buy in at 30p, 50p, 1 etc. lol!

yeah i'm in RTD, MDW and PXC as my main small companies. Think all 3 will be great in next couple of years. Or Even sooner

I took the first trade of 50k at 5.45.

I'm in too, I can't believe it's so overlooked.. but for how long

Me too another top up - I now have some much "Health Stock" thats is become Unhealthy !!

Seems to be a lot more interest again, welcome back everyone and to new holders, you're in at a great price and we'll all be sitting pretty next month. It only needs one magazine/paper to write an article which they normally do this time of yr to really get this co. noticed and the sp will treble in no time.

I have been in and out for a year now, i certainly would not like to be out now holding now for 1.

some decent volume today

scotinvestor - it'll take a while, though it's already starting to dawn on other folks that this is a share about to rocket skywards (and stay there!), no all hype tech./oil stock spikes with these guys.

MDW's board have been slogging away for the past 5 years+ to make a great company - they are now on the cusp of reaping the rewards of their efforts (and so are us shareholders).

Nice timing for this excellent bit of news and with a major contract just round the corner, we have all got in at rock bottom, on to 15p very quickly and beyond.

Got a 50k top up at 7.06 second trade this am.

i have to say that i have been watching this for a while and read the RNS and for the record this guy Kirby is the top dog. He operated on my father this year (after my father researched who was the top specialist) and he was great.

just thought i would pass on that useless bit of info!

out of interest what are the current/projected sales of this product?

proptrade - the guys at MDW are top specialists in their field and are producing products which they know will sell (they're also now extremely experienced businessmen in the global market).

Irpy on advfn had a shot at some projections a couple of weeks back (and he's much better at guessing fundamentals than me):

"I guess 40m market cap is not too unreasonable in the medium term.

A very rough estimate assumes that the US market would amount to, say $17.5m, or 17.5 / 1.9 (exchange rate) = 9.2m, (average of last MDW estimate)and allow 1/2 as much again for everything else (pure guess).

Therefore, annual sales are expected to be 1.5x 9.2m = 13.8m. Since the p/e ratio is nonsensical atm, take the market cap to be 3x annual sales forecast = 41.4m.

The no. shares in circulation is about 91m and so the SP would be 41.4 / 91 = 0.45 or 45p.

Current price is 7.25p which makes this a potential 45 / 7.25 = 6.2 bagger medium term, imo."

When I first bought in to these earlier in the year, I had read an article in Share Mag suggesting 30p as a fai value so here's hoping, and a lot has happened since so 45p may be possible.

very sensible posts guys. thank you. will look into this a little bit deeper.

I believe the Directors will purchase more shares at this level as they did at 8p early in yr, the 150k trade prob was.

Moving off of bottom, excellent value up to 30p, which I think we may see in next few months. Yes, directors did buy in February at 8p so if they bought more now to instill confidence, the sp will shoot up again.

some better trades today, hoping it's lifting off from here!

Yet again some healthy buys this morning which is may be not expected on a normally a slack trading day.