AGM today and starting to tick up.



http://www.mediwatch.com/

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.

Woops - and now far too many very unhealthy sells. Looking forward to the close down period !

The price moves on such small trading, see today 1 person sells less than 5k worth of shares and the price moves, so expect large upswing once it get's written about - it only takes a single publication to tip it and a few buyers to kickstart it and then interest will return. Happy new yr!

robstuff - the PR/tipping effect will be nothing compared to the RNS's which are expected early in the New Year to confirm the US distribution deal and China/Hong Kong SDA approval.

If I had to tip a multi-bagger share for 2005, Mediwatch would be the one (as soon as the next RNS comes out the journos will cotton on).

A Happy (and very prosperous) New Year to you too!