Hi all
pretty new to all this. I have pumped some into Deltex - looks like a strong product with good growth. Could be a steady gainer.
Does anyone else have this, and anyone have some research on it? Someone with more experience than me!
thanks in advance.
Grajul

I'm in with just as diverse a mix....... GFM, ARX, MT. (Don't even go there !!!)HBOS

Looking at a few others...... GHH, SNCL, NCU (the ONLY footie team)

Save the whale........ Oh, sod it, let England thrash them tomorrow !!!

Hi guys
Seeing as I started this back in Feb, thought I'd comment. This was going nowhere so I got out at breakeven a few months back. Always kept an eye on it though and believed in it, so I am back in!

Afetr the write-up in Shares Mag hopefully interest will pick up and if we are a little patient tehn this should take off.

By the way, I am a bean counter, but i take no offence, in fact I agree with you! Cheers for now.

grajul,

Glad to have you back, I've got out of a few doing not a lot but also keep an eye and get back in occasionally, I think this one is worth holding and agree it is just patience but the rewards should come within the next year.

Sold out a while ago on small profit but when i can release some profit in BPRG i'll be in too, good luck to all.

AdieH, hello again, looks like a good use of your profits, just hope SEO eventually give me some profit!! if not will get out and maybe top up on this one. I have some others in consideration as well though but have to unlock some funds first.

pdx looks good Andy, rumours of deal with heinz imminent, up 4p today and was up 7.5 on Friday, for short term profit may look good... DYOR.

Well, that was an interesting day for Deltex...... They get a good ramping in "Shares", and the price remains rock solid ! The sell to buy ratio is over 40:1 albeit 400,000 being "T" trades.... That's still over 23:1. The real split........ using the actualised figures is pretty much 2%.

For a product that's about to receive mass adoption in an industry that's 99%financially supported by a government, they're really weird figures maaannnnnn !! (Neil, the young ones)

Ok, let's speculate on this one then..... Oh, I already did that !!!..... Let's debate this one !

Save the whale..... then the Japanese can't kill our cosmetics industry ( I also hold Swallowfield !!)

I believe that any trades over 27.85 were actually buys not sells. I bought 2 lots of 10k for 27.93 and they were displayed as sells.

Why all the sells today ? Does somebody know something that we don't ? or is it us that is selling ?

I've sent Andy Hill an email today asking some questions regarding future sales and when he replies, if appropriate, I will post the answers here.

Save the whale....... I like whales I do......

they were not sells. they were buys probably made to appear as sells. the shares that i bought certainly appeared as sells.

Wayward...... I take what you say as true about your deals, however, the trades look decent in terms of price for type of trade....... Are they stocking up for the big rush ? I'm trying to limit buy at 28.5 p and they won't play ball......

What's the gen ?

Nope, I've changed my mind on all of that above....... I'm watching very closely now...... I just had 25000 of them and it was indicated a sell...... The MM's are playing with us. Thye WANT people to genuinely sell so they can stock up for the rush that is inevitabley going to come. I may even have some more !!!

Save the whale....... I'll soon have enough money from this stock to do it single handedly !!!

Very tight spread on this one which looks deciving. I bought for 27.4 but could sell straight away for 27.3. My buys registered as sells , i suspect most buys are coming up as sells because they are below mid price.

Making everyone very jittery!!

Well, I sent the email and got a very nice man answering giving some very positive feedback about the products, the latest figures regarding sales and their expectations for the future. As soon as I have permission from the author, I will post them....

Will give him a call the morra !!

Save the whale...... 'cos they're cute !

Well, just spoke to Ewan Phillips, who is the finance director at Deltex. I asked him some questions about the company and he responded very positively. These are his answers and are reproduced verbatim with his permission .

Q. If half of the major hospitals in the UK are already
>> using cardioQ, given that the results show a modest sales growth, how
>> do you foresee improving that growth in the medium term ?

A. It is now over two-thirds (i.e. 200+) of the major hospitals that have
one or more CardioQs. The vast majority of these have one or two
monitors each. There are now eleven hospitals with sufficient monitors
(typically 8 to 10, but can be more) to allow them to treat most of
their moderate & major risk surgery patients & a few more with multiple
monitors but which are mostly in critical care rather than operating
theatres. Growth comes both from monitor sales and then from recurring
revenues from more common usage of probes.

Q. >> Are each of these hospitals only using one monitor at the moment and
>> you hope to see large orders placed for the equipment after the
>> psychological barrier of using new techniques is lowered ?

A. Yes - there are many barriers, first to clinical change in theory then
to clinical change in practice, but once established, monitoring
devices tend to have a long installed life.

Q. >> Or is the growth coming from the sale of the disposable probes that
>> are also being supplied ?

A. Yes - both from monitors then probes.

Q. > I understand that you are hopeful that the adoption process will be
>> repeated throughout Europe, which will obviously increase sales
>> without the attendant expenditure that you are currently
>> experiencing. Will this be a large enough sales target to give good
>> shareholder value and prospects ?

A. There are circa one million patients a year in the UK NHS alone who
would benefit from the device (based on published trials) with similar
numbers relative to population in all other developed countries.
Market size also tend to grow as use grows.

Q. >> What life are you estimating the monitoring equipment to have before
>> a replacement unit is required ?

A. Ten years plus - not a major issue once established as the disposable
probes provide the main revenue source.

He also told me the prices of the equipment and I have to say (without quoting prices) that I was very surprised at how cash generative this will become.

Above all....... he gave me the time of day to talk for as long as I wanted, was happy to answer any of the questions and was very positive about the future. All this and he was at home on his mobile....... How many FD's will do that for you ?

I'm in for more.......

in the longer term deltex has got to be a winner and a target for some of the bigger health suppliers. it has a product that works, cuts hospital time and costs - good for the patients, the hospitals and for the politicians. all we need now is for the medical mindset to change. also on rns a few days ago there was approval for the method from another 4 european countries, opening the way for ongoing expansion

also going down the same route (but for different conditions} is LIDCO (LID) which also promises to cut time and costs with its heart monitoring gear - worth a look but DYOR.

Jimwren, where did you see the RNS about the approval from European countries ?

I am very happy that Deltex are raising another 1.25m to fund further development of the completely non-invasive probe. Another improvement to patient comfort and probably more expensive to buy. (ching ching) It seems that they will use the current one during medical procedures on the table and the new one after surgery. (I think) I also like the fact that the money is being raised through an institutional placing.

I have got one of those warm fuzzy feelings about this and assuming that the growth and acceptance of the kit continues, (even though it's only really starting) then this company is going to reap the rewards handsomely.

sorry, got my medical companies muddled - the approval comments should relate to LIDCO - see my comments above. Nonetheless Deltex still looks a good buy for all the right reasons