*****This thread is setup mainly to gain information
relating to Mediwatch in a quick and easy way and IS IN NO WAY A
RECOMMENDATION TO BUY!********


Mediwatch-A Synopsis:
Mediwatch was established in 1996 and has developed a range of specialist
medical equipment for the diagnosis of urological disorders.The group joined the
AIM in 2000 through a reverse into Prostcare plc,which at the time was valued at
8m.While the vast majority of sales were generated in the UK,there was a
substantial indirect export business involving a number of agents,supplying into
Europe,North America,Australasia and Asia,notably Japan.
Group revenues are set to increase rapidly following the acquisition of the former
Medtronic Urodynamis Division,which has introduced a fundamental presence in
North America.The deal was in 2006 with the sales division building from 2007.
With the inclusion of the Medtronic systems now owned by Mediwatch they now
can offer a 'One Stop Shop' for the diagnosis of various urology disorders with the
benefit of Mediwatch systems having the ability to electronically send data from the
various tests to a central data base!Oh and plus the added bonus of PSAwatch and
now PCA3plus!

More than 30 million PSA tests are performed annually in the USA alone!

CHARTS

FUTURE EVENTS AND LATEST
NEWS

Just for the record and to even things up,this is Treblewide's view (near end
of 2008):

"in short 3p by chrimbo and a real chance if they do not get rid of management they
will go into receivership.....when they bough the MDT business I said at the time it
must have been a bag of shite as they only paid buttons for it.......looks like that was
fairly correct......i feel sorry for shareholders"

Treblewide has been filtered from my eyes for his abuse,lies and general behavior but
it's a free country (I think) so do as you see fit.


It started with:

Treblewide - 05 Jun 2007 15:49 - 33 of 1747
still short

Treblewide - 18 Jun 2007 00:24 - 69 of 1747
interesting stuff from that article...very few men die from prosate cancer and it is not an agressive disease....treatment can be worse than the disease.......kind of suggests their whole business model is based on sand to me.......but hey who wants a balanced view.

Treblewide - 18 Jun 2007 00:31 - 76 of 1754
exercise and sex may cause a raised PSA...so you guys may have stumbled on a test for fit shaggers :-)

I am gonna name Me-Di-Watch

Gonna-go-bust-soon-iwatch

Treblewide - 18 Jun 2007 10:59 - 85 of 1754
minder...i do not make light of prosate cancer....show me one post where I do...i make fun out of this company yes but not the disease so wind yer neck in pal.

show me any trace of a profit and i will maybe change my mind

Treblewide - 18 Jun 2007 15:54 - 97 of 1754
minder made a small loss yes which I have more than made up for shorting it........and i guess your average holding is 3p.....aye right.

Aalso I closed out my short at 8p for a loss of the spread if memory serves me correctly.

currently short from 13.25....i thank you and goodnight

Treblewide - 23 Jul 2007 12:36 - 154 of 1747
more of the same......thank god i still do not own shares in this lot...will they ever
make a penny profit....looks doubtful......cannot even manage a small supply chain.


ect ect ect

with the last few posts:

Treblewide - 30 Mar 2009 09:16 - 1704 of 1754
you are a lunatic mick.....words fail me.

and ps i only post under treblewide on any financial web site....i know you cannot say the same......you have been calling this as a buy and nothing but a buy for about 7 years...it says it all really about your stock picking ability

i notice the downtrend ins now establishing itself....re-visit of the lows again by the looks of things

Treblewide - 30 Mar 2009 22:41 - 1712 of 1754
mick no i dont know what each product does...i dont think that is important...the numbers tell everything and even though you must spend hours on web sites searching for stuff that is not even related to MDW you fail to grasp the basics...they consistently lost money and now seem to be making some...my call to 3p was correct and i think if they had not got their shit together they could have gone under

i was not interested in them as a long play while they were loosing money depsite whatever rubbish you posted regarding piss sticks or whatever you bang on about.

and yes it was poor trading..having an avergae of 12 and averaging down to 6-7p while they were at 3p....is terrible trading...that cannot even be debated...the very fact you know so much about the products means you have fallen in love with this company......which is very dangerous when investing....

the numbers are the important things...i was right on 3p, the company is posting slightly better figures but we are in a bear market which has not bottomed yet so the price will fall further

you are a 1 trick pony that posts irrelevant links...dont bother to respond i can be bothered getting into a debate with you.....away and cut and paste some more flags

toodlepip

**************************************************************

I have been chased from here and now ADVFN,has the boy got a problem?

treblewide - 3 Aug'09 - 14:46 - 22345 of 22412


post 22342 is classic.....so mick advfn is not a good source when the consensus is sell?

begs the question why you spend so much time polluting it with your bull tripe?

question....so MDW share price has gone up, it has gone down etc etc...during all of that time has mick ever been able to find any subjectivity in his posting ie has he ever critisised anything?

i really think he may be getting paid by MDW...the whole thing is very bizzare.

mick i notice you referred to your threads as "promotion of Mediwatch"

can you confirm if you are getting financially rewarded by the company for this?

treblewide - 3 Aug'09 - 23:55 - 22371 of 22412


664k overdrawn....takes a long time to pay back at 39k profit every 6 months.

drawn down overdraft has increased by 170k and they paid 33k to service that overdraft and made 39k profit...as i keep saying my local fish and chip shop make more money than this lot.

margins have been squeezed...psa watch now off the agenda in terms of updates....not 1 single reason to buy and yet you lot think this share price will go up??.....am mystified why it would increase? genuinely why is this comapny under valued?? i cannot see it and dont bang on about fairfax saying they are going to make x amount...they have never been near to getting it right

if i were a holder i would be selling now at 6p if i could and buying back in the 2-3p range which the chart is saying is now a certainty....i expecta full year loss

i told you all to sell at 14p and at 11p (it is all there in black and white) and that it was going to 3 pence..i got abuse mick called me an idiot and suggested it was going to 50p......still a sell and my short (which was posted in real time over the road) is nicely in profit.

toodle pip...will log back in when it gets to 3p....



treblewide - 4 Aug'09 - 00:19 - 22373 of 22412


664k overdrawn....takes a long time to pay back at 39k profit every 6 months.

drawn down overdraft has increased by 170k and they paid 33k to service that overdraft and made 39k profit...as i keep saying my local fish and chip shop make more money than this lot.

margins have been squeezed...psa watch now off the agenda in terms of updates....not 1 single reason to buy and yet you lot think this share price will go up??.....am mystified why it would increase? genuinely why is this comapny under valued?? i cannot see it and dont bang on about fairfax saying they are going to make x amount...they have never been near to getting it right

if i were a holder i would be selling now at 6p if i could and buying back in the 2-3p range which the chart is saying is now a certainty....i expecta full year loss

i told you all to sell at 14p and at 11p (it is all there in black and white) and that it was going to 3 pence..i got abuse mick called me an idiot and suggested it was going to 50p......still a sell and my short (which was posted in real time over the road) is nicely in profit.

toodle pip...will log back in when it gets to 3p....

treblewide - 4 Aug'09 - 10:49 - 22379 of 22412


still time to get out at 6p.....dont understand why you would not sell at 6p when they are obviously going to half in value...if you are a long term mdw bull you can buy twice as many shares at 3p and maybe possibly one day see a profit on your holding?



treblewide - 4 Aug'09 - 12:44 - 22381 of 22412


last chance to sell at 6p for your shares folks


treblewide - 4 Aug'09 - 14:48 - 22387 of 22412


so question...is psawatch is so great...why has there been no huge surge in revenue figures from UK and Europe on the back of it being sold?

the whole reason a lot of you hold this is psawatch...it has not made them any money in Europe which could be argued when taken as a whole is not much smaller than the USA.....this company is not going to change overnight with US approval...at bets it would be a selling opportunity for long term holders

i really think a lot of you have to ignore some of the nonsense ramping going on here...the company is draining cash and there margins are reducing (despite this wonder PSA machine they have for sale)

i really think the future looks bleak for mediwatch...if someone can put in concise terminology why MDW is a buy i am all ears....dont point me at fairfax report...they are a bunch of clowns as well...that interim report is shocking and i mean really poor.

costs out of control...margins squeezed, cash running out...no real revenue growth, does this sound like a growth company to you?

sell at 6p


treblewide - 4 Aug'09 - 15:50 - 22391 of 22412


god i have heard it all now...mick can you counter my points about declining margins and cash issues without nonsense posts about peopel having insider information...what a crock and what a clown.

so just so i have this straight in my head...when you put in effort to ramp these shares it is all great and you expect cuddles? (and if anyone disagrees you throw your toys out the pram liek an old woman)

when i put up a few posts to explain why i am short it is an organised attempt to get the share price down because i have insider inforamtion from the US?

were you the Iraqi information minister in a previous role? lol


treblewide - 5 Aug'09 - 19:24 - 22409 of 22412


lol.....shares getting sold today at 5.75.....next stop 3p...

treblewide - 4 Aug'09 - 12:44 - 22381 of 22408 edit


last chance to sell at 6p for your shares folks




treblewide - 5 Aug'09 - 19:29 - 22410 of 22412


i wonder what thier overdraft is limited to....1M?

if so they have 12 months of life left at current perfomance...how many of you hlders have considered the chances of them going bust?....i would not rule it out...would love to know how much further the banks will let them go into debt before they pull the plug

treblewide - 5 Aug'09 - 19:37 - 22411 of 22412


seriously if i were a holder i would look at the interims and ask how much longer can they go on burning cash.......and with all the averaging down the bulls have done over the years i bet some are more exposed than they should be....good luck...think you might need it




ANYWAY

http://mediwatch.blogspot.com/

Not sure how long it's been on the website but the 'Online Purchasing' looks to be up and working for both the USA and the 'rest of the world'

http://www.mediwatch.com/usa/index.php

Of interest,especially the last part:

"Most of the wide global range in survival is probably attributable to differences in access to diagnostic and treatment services. International variation in survival in Europe has been associated with national levels of economic development, as measured by total national expenditure on health. Survival is positively associated with gross domestic product and the amount of investment in health technology such as CT scanners. Part of the international variation in survival is thus probably attributable to under-investment in health resources," conclude the authors.

http://www.medicalnewstoday.com/articles/115086.php

was good of Mr 200k in waiting until I got my small buy in first thing,cheers.Interesting times ahead methinks.

i was bored this morning and had a few spaRE minutes, lol

'bored'-lol

Over a month old but of interest:

New Yorkers lining up for News' free PSA test for prostate cancer

BY OWEN MORITZ
DAILY NEWS STAFF WRITER

Thursday, June 19th 2008, 12:53 AM

http://www.nydailynews.com/lifestyle/health/2008/06/18/2008-06-18_new_yorkers_lining_up_for_news_free_psa_.html

Interim results should be out by the end of the month which is the main reason I haven't really been delving into MDW much recently as I believe they will show major increases in revenue in both the USA and as MDW now put it 'The rest of the World' too.

bugger!(sorry),highlights of le Tour are about to start so will add to this later,not as a reason for anyone to buy shares but to quantify why I believe I have invested wisely and why I've been happy to hold and add MDW over time,which is why I set up this thread.

lol,forgot it's a rest day..................

Right,if we look at the 2007 Annual Report we can see the following but a bit of background first:

In 2006 MDW acquired the Medtronic Urodynamics Division and set up their own USA office in January 2007 which began serving customers in March 2007.
During this time the Medtronic equipment was re-branded with the MDW name and in some cases improved on to enable the connectivity between both MDW and MDT systems that we see today.

2007 H1 sales in the USA (six month period ended 30 April 2007) = $957k

2007 H2 sales in the USA (six month period ended 31 October 2007) =$4.6 million

From Preliminary Results.February 2008:

"We have seen many exciting accomplishments from the US operations.The sales team has been successful in the re-establishment of the Medtronic customer base and sales have been excellent in the early stages of the division. Other achievements include the establishment of strong service,support and logistics teams.This gives the company a strong base from which to approach the upcoming year.

In an effort to introduce Mediwatch to the US market,the division has implemented several marketing initiatives.The sales and service teams have attended several industry trade shows including the most prominent AUA show along with several regional events as AUGS and SUNA and many local shows and meetings. Additionally,mass mailings were conducted to introduce the transition of the Medtronic line to Mediwatch. As a result of these and other efforts, a solid position in the US market has been established.

From an operational perspective, a lean and effective group has been assembled to serve the customer base.In the West Palm Beach office efficient administration and logistic functions have been put in place resulting in a highly accurate and reliable system for taking orders and delivering to customers.In the field,a network of 25 technical service engineers has been established to deliver on-site service to
customers.The US division is well positioned to manage growth in to the future.

It is an exciting time for the US division.Having established itself in the market and assembled the teams and tools to deliver products to customers it is ready to focus on growth in sales through market penetration and broadening its product offerings."



Financial Overview

In the year ended 31 October 2007, sales grew significantly to 5.68 million (18 month period ended 31 October 2006:2.65 million).The turnover in the second half of the year being reported upon was 3.85 million compared to 1.83 million in the first half of the same year.

However,whilst the sales growth was strong in the second half,the planned growth in the first half was,as reported at the interim stage, delayed as a result of the practicalities of transferring,re-branding and integrating the stock and equipment acquired from the urology diagnostics division of Medtronic A/S and production shortfalls in a number of product lines.

The substantially increased revenues in the second half reflect the success of the extensive sales and marketing campaign undertaken following the integration of the new products acquired from Medtronic A/S and the contribution of the US sales, marketing and distribution division which has been profitable since inception (sales to the US of 3.2 million (2006: nil)).

We now have a US network of 5 regional managers and 25 technical engineers servicing over 2,000 customers.


Gaaawd,I knew I shouldn't have started-lol brb

I could happily type all night on the merits of MDW from their beginning to where they are today along with what the future offers and have,to some extent through this thread!

What I have learnt and the reason I choose to stick to just two long term holdings and report via MAM while reading posts from other share websites is:

Both day traders and long term investors want 'things' whether it be from announcements from the company or news in general to effect the SP and NOW! If it doesn't then why not.....there must be something wrong?

This is in my opinion why MDW are at the SP we see today as in too much hype over PSAwatch instead of concentrating on the bigger picture and looking at how PSAwatch can add value to an already profitable company (I'll hold my hand up as in the early days that's what MDW were about!).Saying that,PSAwatch could transform MDW to great heights as the PSA test along with the PCA3 test gives MDW extra strentgh and hopefully within the soon to be announced interims all will be made clear.

Anyway,the interims will show a clearer picture to where MDW are heading for both investors and possible companies wishing to buy MDW out,imo.

I have said that from the annual results to these soon to be announced interims is a key time for MDW and stand by that statement 100%!

Splendiferous news this morning:

Drug for deadly prostate cancer

http://news.bbc.co.uk/2/hi/health/7502238.stm

Morning banjo
Good posts as always. This news this morning gives good publicity to PC

Morning Dave,
Yep,great news in that it highlights PC and how 'deadly' it can be and strengthens the need for early detection to give an
improved chance of survival.The earlier PC is diagnosed the greater the chance of recovery through treatment.

Its a shame all this publicity about the new drug couldn't have been coupled with a statement about the PSA watch a 10 min bood test available as a possible indicator to PC avaiable on the NHS at your local GP's

This new drug is still at a very early stage the way I read it but very exciting all the same.

Part of the problem in pushing PSA testing forward by any Government is the cost of actual testing along with the cost then incurred following up the suspect or positive cases.

MDW have gone some way in addressing these issues with PSAwatch enabling quick and accurate testing where results can be stored electronically onto a central data base.MDW also now have the added bonus of the PCA3 test which when used with the PSA test and DRE cuts the chance further of any false diagnosis which again saves time and money.

i can't see how mdw are doing the pca3 test?

Dave,
As the PCA3 test is lab based with,I would have thought,the test equipment being specific to Bostwick Labs 'PCA3 Plus' and not PCA3 general (if there is such a thing,which I doubt) then the only way I can see this working is if Bostwick are going to expand their labs (they have one in London) and MDW would act as the promotion/sales for PCA3 Plus.Needs clarifying which I'm sure it will be within interims or just after/before.

What interests me more than the actual 'PCA3 Plus' test is the tie up with Bostwick Labs and will anything else come from this relationship in the future.

Yes i wonder who approached who. Interims any day now so hopefully something in them about the new test.
just need a few contracts signed as well to put the icing on the cake. One of the goverments using PSA watch for a screening programme would do me.
:-)

Also from the BBC website and relating to the new drug abiraterone:

'The change has been phenomenal'

"The prognosis was very poor. I had effectively failed all the standard treatments."

As he started treatment, Simon's PSA level was 100 nanograms per millilitre of blood - around 35 times the norm for a man of his age. In his bones, it was much higher.

Within a week of starting the drug my PSA level had dropped to 38, and three weeks later had dropped to eight. A month after that it was four, which is virtually normal."

http://news.bbc.co.uk/1/hi/health/7517414.stm


My point being is the PSA test is here for a long time yet!

The PSA test and the way results are interpreted have changed over the last year or so,it's still not perfect but if used correctly it's an invaluable cheap test with decades of history behind it.

All the new markers used today including PCA3 and those on trial,I class PCA3 as still on trial,are all way off from being perfect but getting that little bit nearer all the time.

Haven't finished yet..............

I'll just lob this in relating to abiraterone and although this drug has not completed clinical trials or gained approvals it does further highlight the PSA test and how important it still is today......off to watch le Tour highlights.

http://latestnews.virginmedia.com/news/uk/2008/07/22/prostate_cancer_drug_breakthrough