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Mediwatch-A World Leader in the Urology Diagnostic Sector (MDW)     

banjomick - 10 May 2007 23:36

*****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

Chart.aspx?Provider=Intra&Code=MDW&Size=Chart.aspx?Provider=EODIntra&Code=MDW&SiChart.aspx?Provider=EODIntra&Code=MDW&Si



FUTURE EVENTS AND LATEST
NEWS



Five
year global distribution agreement secured with Inverness Medical
Innovations


2009 AUA Annual
Meeting 25th - 30th April 2009


STUFF THAT MAYBE DID BUT NOW
DOESN'T FIT IN WITH THE TITLE...


Prelimin
ary Results for the year ended 31 October 2008-Issued 26 January 2009



failure of NHS
organisations to implement NICE cancer guidance costs 50 lives a week 28/11/08


Mediwatch
scoops Export Award-24 October 2008


In my view
the best information on PSA testing and the future that I have seen to date!



GENERAL/UROLOGY MEDICAL
WEBSITES


URO TODAY
UROLOGY TIMES
American
Urological Association

EUROPEAN
ASSOCIATION OF UROLOGY

NHS-CHOICES
NICE-INDEPENDENT ADVISORY
GROUP (UK)

PATIENT
UK

MEDICAL NEWS
TODAY (UK with global news)

Health and Age
Scottish Practice Nurses
Association

Community and District Nurses Association
MEDICAL DAILY
Prostate Cancer InfoLink
University of Florida
Shands Cancer Center



UROLOGY,CANCER AND PROSTATE
CANCER SPECIFIC CHARITY WEBSITES



THE PROSTATE
SCREENING TRUST

PROSTATE CANCER SUPPORT
SCOTLAND

PROSTATE
SCOTLAND

BRISTOL
UROLOGICAL INSTITUTE

Canadian Prostate Cancer
Network

THE PROSTATE CANCER CHARITY (UK)
PROSTATE CANCER SUPPORT
ASSOCIATION (UK)

CANCER RESEARCH UK
CANCERBACKUP/M
ACMILLAN (UK)

PROSTATE
CANCER RESEARCH FOUNDATION (UK)

ZERO (USA)



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/



banjomick - 01 Sep 2008 22:58 - 856 of 1785

Going back to the Share Issue (28 August 2008) which is basically three announcements in one:

1. Funding research into a new diagnostic technology 919,229 shares at 6.5p (59,750)

2. Philip Stimpson-Received 1,538,461 ordinary shares in part settlement of unpaid salary of 100,000.
Omer Karim-Received 61,538 ordinary shares in settlement of a debt of 4,000 due to him.

3. ABA Corporate Finance Limited-Received 144,615 ordinary shares in settlement of fees owed in the amount of 9,400 for the aborted takeover earlier in 2008.

First of all I'm not concerned about the above but more interested in the way MDW have gone about it and when split up into individual Directors and ABA along with the relatively small numbers involved.

Lets now look at how the Director Share holdings have changed from May 2008 to the present day after a 2% rise in total shares:

Mr Philip Stimpson was 13.50% and is now 14.55% which= +1.05%

Mr Omer Karim was 6.70% and is now 6.80% which= +0.1%

Mr Mark Emberton was 1.80% and is now 1.79% which= -0.01%

Mr Charles Cattaneo was 0.40% and is now 0.5% which= +0.1%

Mr Colm Croskery was 0.36% and is now 0.53% which= +0.17%

Mr Christian Rollins was 0.01% and is now 0.05% which= +0.04%

Mr Wang Chong was 0.01% and is less now.

Mediwatch Employees Shareholding 4.20%


So,in May 2008 the Directors held 22.77% of the company (left W.Chong out of the equation,only a banja player-lol) and after the share issue they now hold 24.22% of the company.

And as of May 2008 other major holders were:

Giltspur Nominees Limited 12.30%

Barclayshare Nominees 6.00% (was 5% then raised to 6% February 2008)

Pershing Keen Nominees Limited 5.28%

Ashcourt Nominees Limited 4.77%

Forward Group 4.88%

L R Nominees Limited 4.20%

TD Waterhouse Nominees (Europe) Limited 4.10%


Still haven't got to where I'm going with this post but will by end of week.

banjomick - 02 Sep 2008 00:50 - 857 of 1785

And before Treble steps in with MBO cries-lol.

It has to be remembered that MDW took a major jump forward with the MDT deal changing them from a very small company making a loss year on year to a profitable company in a relatively short period of time!

During the negotiations with MDT (was it two years) MDT were actively winding down this section which on the completion of the deal and subsequent reinvention by MDW at the beginning of 2007 which had initial supply problems but these were rectified to show a profit in H2 2007 and followed by increased profits H1 2008.

What has happened is that MDW have expanded to reclaim lost MDT ground which is born out by the figures but in doing this they have had to pay the initial cost of this transformation which has been reflected in the SP,imo.

In my opinion MDW have done everything correctly in their transition from minor to major player in their sector as in they have looked after the business first,been upfront with share holders and are continually striving to keep ahead of the game.

MDW are on course to stay in profit for H2 2008 but maybe not as much as H1 but still showing a profit!They are still a young company that have the right people focused on the way ahead!

In my opinion we are at the most exciting time in MDW's history but that is just my opinion and obviously not the majority but hay hoo and all that,I can wait.

Treblewide - 02 Sep 2008 10:32 - 858 of 1785

"young company" have they not been selling or trying to sell their piss sticks for the last 7 years or so?

you are talking as if this mob are a start up....they have provided no shareholder value for 7 years...their last statement about no growth and margin pressure actually suggests this shoudl be the most worrying time...their overhaeads are such that large losses could ensure

optomistic - 02 Sep 2008 11:49 - 859 of 1785

Give him a yellow card Banjo. LOL

banjomick - 02 Sep 2008 12:37 - 860 of 1785

Afternoon opto,
I don't think a 'Yellow Card' would do any good with our Treble,anyway it keeps him of the streets :-)

optomistic - 02 Sep 2008 14:24 - 861 of 1785

Treblewide is a very persistant poster Banjo, you are correct in saying that a yellow card would do no good.
Awaiting with interest for the next 'episode' :-)

banjomick - 02 Sep 2008 16:20 - 862 of 1785

Hmmmm,strange goings on on the L2 front today........

banjomick - 02 Sep 2008 18:46 - 863 of 1785

My fault,forgot to add Giltspur Nominees Limited in the list of major holders in post 856,added them now..........

RNS Number : 5938C
Mediwatch PLC
02 September 2008



TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

http://moneyam.uk-wire.com/cgi-bin/articles/200809021749075938C.html



banjomick - 03 Sep 2008 00:33 - 864 of 1785

hmmm,I see the old MDW website has been taken off line which is a shame as it held some interesting info.on Urology and how MDW products addressed the problems associated with it.

I'm expecting a complete turn around from the negative,dare I say hints,wording of recent announcements,so come on MDW get things moving through September!

I would like to see at least one indepth interview with a major online health website,to make it easy, covering where MDW are today and most importantly what MDW expect for the future.

I want to see more coverage including pictures of future trade shows and events!

Treblewide - 03 Sep 2008 00:54 - 865 of 1785

sorry mick they told what the future is bringing.... did you not read the interims...they expect flat sales and margin pressure....so i am assuming a full year loss....dont expect they will shout about that

banjomick - 03 Sep 2008 02:00 - 866 of 1785

Never ever assume,Treble! You have a lot to learn young man!

Treblewide - 03 Sep 2008 21:39 - 867 of 1785

mick....you have more to learn than me......first of all...never fall in love with a stock (you have not grasped that one) always have a stop loss (again the fact you have not got one is fairly amatuerish)

part 2 of the lesson in the coming weeks............i have been making money on the market for the last few years while you have watched your MDW investment wither on the vine...........mmmm....i wonder who has most to learn

chocolat - 03 Sep 2008 21:53 - 868 of 1785

Be fair, blondie - and stop being so cocky :P
This isn't a traders' stock.

You've taken far bigger risks.
And you're in a different mindset now.

Cashed in my chips and gravy long ago - what was left, thankfully for a small profit - just hope everyone else's patience is rewarded, however long it takes.

banjomick - 03 Sep 2008 23:07 - 869 of 1785

Good evening one and all,
Treble,I am investing in MDW not trading as chocolat quite rightly points out.This being the case I have (as you can see) researched into the company and although frustrating at times I believe I will make a decent return without too much risk.
I too have made profits over the medium/short term over the years with other shares and ploughed some of the takings into MDW.

chocolat - 03 Sep 2008 23:40 - 870 of 1785

I respect your attitude, Mick.
And I check in here from time to time for a dose of your unfailing cheerfulness.
There is a difference between falling in love with a stock, and believing in worthwhile aspirations.

Meanwhile, aside from the odd deviation, I'll carry on with Forex ;)

banjomick - 03 Sep 2008 23:45 - 871 of 1785

Patients Choose To Wait On Prostate Cancer
Slow-Growing Cancer Can Be Observed


UPDATED: 7:46 am CDT September 3, 2008

http://www.ketv.com/video/17378204/index.html

http://www.ketv.com/health/17378187/detail.html

banjomick - 03 Sep 2008 23:52 - 872 of 1785

Cheers chocolat.
Also,having both MDW and GON as long term interests has been a very good learning curve (and I'm still learning,Treble) over the years especially in the AIM and has benefited my short/medium term trading in other companies.
Each to their own at the end of the day so not sure why Treble keeps getting a bee in his bonnet when he doesn't own any MDW shares!

chocolat - 04 Sep 2008 00:03 - 873 of 1785

Same reason as anyone who means well, I guess - only I don't have a bonnet :)

Treblewide - 05 Sep 2008 14:01 - 874 of 1785

god she's arrived

banjomick - 08 Sep 2008 12:49 - 875 of 1785

Should be interesting when the LSE starts up again! With the positive news from the US we could see blue across the board,which will be nice! :-)
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