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

Morning Explosive,

Would be nice to see, but as all NHS Trusts are in the red can't see it happening this financial year, although we don't really know whats in the pipeline.
The Government stated (yesterday) that next year all the trusts will be out of debt.
And yet another pig flies past my window. They probably mean that as soon as the funding for the year is sorted, it clears the debt. Of course the funds have to last 12 further months so the debt spiral starts again.
Spin Spin and more Spin. Still we can only hope they see the light that the CardioQ can and does save money as well as lives.

It's the amount of directors taking the shares that pleases me.

Executive Directors
Andy Hill BSc MBA Chief Executive
Ewan Phillips MA ACA Finance Director

None Executives, with shares taken

Nigel Keen MA FCA Chairman 67,568
Dr Edwin Snape MSc PhD Vice-Chairman 48,649
Dr George Flouty MD 48,649
Peter Smedvig BA MBA 48,649
Professor Sir Duncan Nichol 37,946

So all the none execs offered the deal, took it.

Note that the offer was to the None Executives only.

In Total they hold 10,094,864 shares, 12.61% of the company.
To me that shows confidence.

Deltex will come good

Peter our 79 year old updated our morning coffee meeting at shareclubuk on Deltex Medical (DEMG) the company has seen growth in the use of it's disposable probe in the high volume operating market. The disposable probe is the main driver for the DEMG business..

On top of that the surgeon led trials on the use of DEMG's SupraQ monitor have all come out as positive time and time again.. the clinical trials data reports three day reduction in length of stay.. leading to cost saving for potential clients from the NHS, US and the European markets.. given time DEMG will come good...

Myway - Its all old news, nothing new I haven't read 18 months ago..... Your singing the same song from page 1 of this thread!! There progression for yer!... On a positive note Griffin up some 11p today triggers a sale.... DEMG however is yet to provide a reason to buy!

Yet again good news re reduced stays in hospital.

These are the reduced lenghts of stay as per RNS 19th. (for those who can't get a display re Moneyam, as at present unable to show yesterdays RNS for Deltex.)

Type of surgery Per patient bed day saving
Bowel resection 2.3 days
Gallbladder removal 1.6 days
Kidney removal 1.0 day
Bladder removal 7.5 days
Prostate surgery 1.2 to 2.1 days
Broken hip repair 7.8 days
Hip replacement 2.2 days
Spine surgery 1.5 days

Well thats it for me pre Xmas, off out.
Merry Xmas to all.
Greek.

Why no news indicator on Stockwatch....RNS Number:8679O Deltex Medical Group PLC 03 January 2007

And yet another positive study---------one day.
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My thoughts on why NHS Trusts are reluctant to go the way of Deltex and CardioQ.

It is excepted that the more patients an NHS Trust treats the more they go into debt.

The most costly time for patient care is usually the initial stages of care, IE operations followed by post op care. The costs diminish as discharge time is approached. The quicker you can discharge patients the more patients you can treat. As we often read or hear of surgeons being told to reduce the number of operations, and consultants being told to stretch their lists it appears that the best way to save money is to Bed Block. In other words keep patients in as long as possible, thus keeping those who require the initial expensive treatments out.
So save money.

I appreciate the above sounds ludicrous but that is what I heard as an explanation of how things are going via a comment made by a medical person yesterday.
The comment although appearing to be tongue in cheek, reeks of truth.
As we know with this government, all they care about is money not people (patients). The simple truth is several trusts have been told they are treating too many people. There is no incentive for hospitals to purchase a device that cuts down hospital stay times.

Its almost worthy of a Monty Python sketch.
As they say YOU COULDN'T MAKE IT UP.

Even more convinced, Deltex will make it big time but not in the UK.
If their patients were as sick as the NHS they would all be dead.

Good post Greekman, now this thread finally has some substance which is related to the market position. Its not about the savings or op time frames as we know, these have already been proven. Just one look at the NHS tells us that money is its primary concern right now. That position isn't however that of the market and Deltex should be pushing the private sector hard rather than winging about the NHS which isn't in the position to offer anything.

Sad but true, if the NHS was privitised then all Deltex holders would be laughing!!

If anyone saw the pro gramme last night re the NHS, (Can Gerry Robinson fix the NHS) it clearly showed when they visited the money holders (the trust finance mongers) that they did not want more patients treated as this would multiply the cost and put said trust even deeper in the red.
It also clearly showed what we all know, someone has a good idea, they then have a meeting (eventually), and then sit on any decision for months, sometimes years or as long as it takes to go away. No one is a decisive decision maker. The Exec was surprised to learn that if he got out among those that do the graft, ie on ground level they, the patients and he would benefit. Not exactly brain storming thinking, and this Exec must be very well paid. Gerry Robinson found out within a short period how to save money and time by talking to those who do the actual job from cleaners to consultants. Most of the suggestion were obviously. My wife who is a Nurse was continually commenting, " We have been saying this for years, and the management never listen". But this was a surprise to the Exec. Says it all really.

Re the RNS,

Excellent news.
Can't see these trials being anything less successful as all the others that have gone before it.
Lets just hope that this will move that proverbial stone that has been stuck on the slope of the cant/don't spend syndrome.

Look for increased institutional buying, and the very good possibility of sales in similar circumstances in the USA. Baby business in the US is big.

Deltex Medical Group plc First sales of SupraQTM and CardioQTM monitors into maternity units That's the news I like to read.. I have been following the story at www.shareclubuk.co.uk the above news will help with more sales which in turn lead to profits.. I agree greekman the US market could be very big for DEMG.

The trading update looks very good, mainly for future sales.
The only annoying mention was that NICE are and have been lagging behind compared to other such organizations world wide.
It re iterates that the NHS crawl along whilst others take the lead. (Mismanagement once again)
Well done DELTEX. This now looks excellent for the future as the CardioQ does not appear to have any competition.

Yes very good update, as always we requires more sales. Anyone looking at the total buys/sells will get a wrong impression, there are 135,000 shares down as sells when infact they are buys, I know I've mentioned it before but it does give a distorted picture of trading in shares. (Bee in my bonnet atm)
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Good contract win.
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Yes,excellent news. The involvment by the USA in Iraq could be a good in making other none military establishments take note. Can't understand why the sp is static.

The sp is just not budging.
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In my opinion lethargy rules re this share. There have been so many similar announcement re very small sales that the market has become immune to such details overlooking the bigger picture ( I know thats a saying that politicians overuse ) but that bigger picture looks excellent. When the market does wake up, that to me is when the Sp will relay take off.
The involvement by the USA in Iraq could be a good in making other none military establishments take note. To me the RNS is good news especially for the future.

I see the FD purchased 150k shares and the CE a more modest 6k+ shares on friday, always nice to see, especially when it's the FD of a co.
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