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
biffa18
- 04 Oct 2004 23:15
- 93 of 106
HOW COME ALL THE BUYING TODAY SOME NEWS BEING LEAKED ?
Happy1
- 05 Oct 2004 12:38
- 94 of 106
Looks like it may be turning.
StarFrog
- 05 Oct 2004 13:10
- 95 of 106
Surely it is only rising today on the back of ZIM.
Happy1
- 06 Oct 2004 10:16
- 96 of 106
Up again today after the 1M buy. Also did you notice the P trade yesterday.
hangon
- 06 Oct 2004 18:26
- 97 of 106
I can't see this rising in the v.short term - and where are the RNS on the site?
With new models of diabetic monitors and repeat business in the US the only problem is the USD-movement affecting profits. This is short-term and what we see is a company that has (at last) got to grips with reality and concentrated on its core business that is protected in some measure as it's repeated - once a diabetic, always a diabetic.
All at once we should see profits as their syringe R&D is disbanded. That's my hope and I took part in their fund-raising efforts to tide them over. It's a pity that some punters have taken fright because the Blue Sky has been switched off; but this co. is now Real.... Real products and real sales.
Happy1
- 08 Oct 2004 09:40
- 98 of 106
Something going on today.
Happy1
- 08 Oct 2004 09:55
- 99 of 106
One MM on the offer now.
chinapete
- 08 Oct 2004 11:59
- 100 of 106
Something going on today.
As a newcomer, what could be going on?
Happy1
- 08 Oct 2004 21:25
- 101 of 106
Rise was based on two facts as far as I can see;
1. Nomura had a large seller who was finally matched today thus eliminating the overhang.
2. Rumour of consolidation in the medical devices industry promting people to consider MDY as a possible takeover target
http://www.sharecast.com/cgi-bin/sharecast/story_list.cgi?title=Market%20Reports&id=0200,0201,0202,0203,0204,0210,0211,0220
dlangley2971
- 11 Oct 2004 14:28
- 102 of 106
When are the full year results going to be announced?.
moneyman
- 05 Jul 2005 22:50
- 103 of 106
Well is this the start of the recovery or another false dawn ? All the bad news is hopefully behind the company and the $ is recuperating which will transfer into greater turnover. Could be the time to get in prior to the new European distributor being announced.
Dil
- 06 Jul 2005 00:13
- 104 of 106
Chart says it all ... fill yer boots.
tlobs
- 07 Jul 2005 16:14
- 105 of 106
Confirmation and BIG NEWS is about to be released.
Fill your boots indeed!
bhunt1910
- 07 Jul 2005 16:36
- 106 of 106
Facts please not speculation