*****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/

i think so too.
but if this can get above 14p and hold on to say10 then who knows where to from there?
the sky is the limit.
but first things first
best regards to you bjm
jkd

Thank you jkd and regards to you too

Thought I'd lost MDW for a minute :-)

I'd better do a bit of delving tonight.............................

Here's something of interest,Bostwick Labs who own PCA3Plus and who formed an agreement with MDW granting it sole rights back in June 2008,which started immediately,to sell their test worldwide,with the exception of Canada and the USA.

If you look at Bostwicks website on the 'Company info/Partners' page we see Spire Health care which from recent posts already supply the PCA3Plus test,even more interesting than that (Ed-surely not!) we also see Windsor Urology where MDW's Mr Omer Karim practices,which was known before but are we going to see them offering the PCA3Plus test soon?

Bostwick Labs-Website

Windsor Urology-Website,linked to Prostate page.

Spire Health Care-Website

and

Wellington Hospital-Website

Are MDW gaining a firm UK grounding for their PCA3 test before venturing forth?

Edit-Are we going to see further involvement with Bostwick Labs,distribution wise?

Well,it's two months since the interims with no real news since then,so a trading update could possibly be on the cards especially as the interims were mainly positive but with a negative short term slant!

Mediwatch Plc
Interim Results for the six month period ended 30 April 2008

Highlights

* Record revenues reported for period

* Profitable for first six months of the year in line with expectations

* Trading from US sales and marketing office, now matched by strong sales from UK office

* New banking facility from Barclays Commercial Bank Plc

* New distribution agreement for ground-breaking molecular test

* Strengthening of the Board with the appointment of new Group Finance Director and Chief Operating Officer

"Mediwatch has diligently put in place some excellent building blocks for growth and we are pleased to report our second, successive half-year period of profitable trading.

"Market conditions are restricting our growth opportunities and the expected growth in the second half of the year. We are, however, fortunate that Mediwatch's products offer increased efficiency and cost savings in a financially challenged health sector."

I've posted the chart below to show (in my opinion) that MDW have been averaging about 9p over the last four years,just a rough estimate and the figure itself not that important.

MDW are a growth company,fact!

The medical sector as a whole is a strange beast to invest in,fact (imo)

The chart below shows peaks and drops relative to news,whether it be lack of,positive or negative,fact?....hard to say but verisimilitude :-) (got me fav.word in within context....I think)

MDW addressed the current climate within their interims but without a devastating effect on the SP,unlike many companies!I admit MDW are at the lowest SP since 2004 ie before the MDT agreement but...........................

Gaaaawd,this could take all morning-lolz

Without double checking on this bit,the MDT talks started about 2005 with MDW commencing sales beginning 2007 with about 6 months of supply problems which were sorted and announced.

2007 saw major expansion for MDW with obvious cost incured in firstly paying for the MDT deal over time and building up the global sales network along with the training courses for their now expanded product line.

MDW took on extra personnel through 2007/08 in the USA to cope with demand and increase product flow.

I could go on but the main point is during all this expansion MDW:

"Mediwatch has diligently put in place some excellent building blocks for growth and we are pleased to report our second, successive half-year period of profitable trading." Thats H2 2007 and H1 2008!

Obviously during these times every company will be hit but the strong ones will recover and I believe MDW are very strong and have a lot more to offer!

There is no interest in MDW at the moment,investment wise,but as a 'growth company' this could change overnight!

Why did Bostwick Labs make the deal with MDW to be the sole rights distributor (excluding USA/Canada)of their version of PCA3 which is being strongly taken up throughout Europe?


Anyway,I'm happy to hold/add and as the header says this thread is just for info really so buy,sell,hold or just watch......... :-)

just read your recent stuff banjo.....hilarious stuff about your comments on treble in mars.......or your comment on his house

Morning scot,
Just a bit of fun,I have my long term interest in MDW and 'wide off the mark' Treble has his short term interests.Investing in a company seems to be a thing of the past as far as BB's are concerned or maybe the 10% profit takers just paint it that way?

yes banko, investors seem to be thing of past this year.......u see the same names on this website bombarding the sites where many are traders and some are even those theifing shorters

ah well not too worry, uk will be bust soon along with usa

It's not all bad and better times will be here soon,just people making the most of it for their own gains....can't blame them!

At the present time we are at a pivotal time where monies can be gained and lost with ease,I don't have the time so got out months ago but keep my long term holdings going.

Good to see:


Mediwatch plc

('Mediwatch' or 'the Company')

Director Shareholding

Mediwatch (AIM: MDW) The Company advises that Philip Stimpson, Mediwatch Chief Executive, has purchased 100,000 ordinary shares of the Company. 50,000 shares were purchased on 24 September 2008 at a price of 5.7p per share and an additional 50,000 shares were purchased on 26 September 2008 at a price of 5.7p per share.

Following the above acquisitions, Mr Stimpson is now interested in 19,718,546 ordinary shares of the Company, representing 14.82% of the issued share capital of the Company.

http://moneyam.uk-wire.com/cgi-bin/articles/200809291246575630E.html

and after hours:

Date: Monday, 29 September 2008

Mediwatch plc

('Mediwatch' or 'the Company')

Issue of Shares to Employees

Mediwatch (AIM: MDW) advises that certain employees of the Company have elected to take shares in lieu of part of their cash bonus payments due in respect of past services. This decision was ratified at a Board meeting on 22 September 2008, and accordingly the Company has issued 84,081 ordinary shares of 1p each at a price of 5.79p per share being the average closing mid-market price over the three day period prior to 22 September 2008.

Application will be made today for these shares to be admitted to trading on AIM and admission is expected on Friday, 3 October 2008.

Following admission of these shares on AIM, the Company will have 133,170,114 voting shares in issue, none of which are held in treasury.

http://moneyam.uk-wire.com/cgi-bin/articles/200809291647236067E.html

Not a large sum,I grant you but could easily treble on newsflow..............hmmmm still not a large sum even then-lolz.

more dilution and unable to pay bills in cash again......

Good evening Treble,

"more dilution and unable to pay bills in cash again......" -excuse me while I get myself up off the floor from laughing at that comment :-)

sorry but have they not diluted the shareholding by adding more shares?

and this is the third time a coupld of months they have paid in shares as opposed to cash which should be a serious worry so i wonder why the laughter?

If MDW can't afford under 5000 then you are correct,Treble they are indeed in big trouble! I better sell my holding first thing-lolz

so they keep diluting the share base of the company and seem to want to pay small day to day bills in shares....very strange behaviour...do you not agree?

if i were the CEO and I thought fair value of the shaes were 15p like you seem to i would certianly not be paying bills with shares at 5 and a bit pence....do you not find that strange?

Oh dear,is it not yer bedtime yet?

ah sorry...forgot you sidestep any difficult question re MDW....anyway nice side step...keep living the dream