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

800,000 options, I believe. That's almost 1% of the company.

Today's rise is very pleasant. Anticipation of CMS decision perhaps?

Found via another thread...

CMS has determined that there is sufficient evidence to conclude that esophageal Doppler monitoring of cardiac output for ventilated patients in the ICU and operative patients with a need for intra-operative fluid optimization is reasonable and necessary under Section 1862(a)(1)(A) of the Social Security Act, and therefore, we are removing the past national non-coverage of cardiac output Doppler monitoring.

Now watch this go.

For full article see link.

http://www.cms.hhs.gov/mcd/viewdecisionmemo.asp?id=196

My View...Deltex are the most promising share in my portfolio at present.
What has surprised me is that I increased my holdings last Friday and the sp is up. Of late any share I increase my holdings in gives it the temporary kiss of death.
Deltex looks to be a share for all at present, medium/long term profit and a traders day share. I think the sales over the last few days will be down to the short term profit takers.

If contracts start an increase flow, there will be little to hold this share from reaching the 100p mark. Perhaps this time next year that will look a good value sp.
Not usually one to forecast share prices, but I feel very bullish re Deltex.

RNS just out confirming confirming that coverage will be implemented on a national basis for reimbursement of the use of oesophageal Doppler monitoring to guide fluid therapy in ventilated patients in intensive care and for all patients undergoing surgery requiring fluid management.

Things are hotting nicely.

Out today the publication of the final decision memorandum by the US Centers for Medicare & Medicaid Services (CMS) confirming that coverage will be implemented on a national basis for reimbursement of the use of oesophageal Doppler monitoring to guide fluid therapy in ventilated patients in intensive care and for all patients undergoing surgery requiring fluid management.

Once the insurance is put in place then reimbursement to the physician for the
time and skill required to manage patients using ODM would be a matter of course. At shareclubuk.co.uk we view todays news as being most positive, establishing ODM as a standard of care in the USA. Opening up the worlds number one market for the company. Any comments please let the club know?

Looking at L2 the MM's are fighting to buy your shares, and not too keen to sell.
It appears to be working, with sales now catching up with Buys the PI,s are being tempted with a quick profit.
The institutions MUST be watching this share closely.
Would love to be able to see any buy orders in the background not showing on the order book.
(Thats probably jinxed it)

Excellent sp performance over the last week or so, the message is getting through at last, 50%+ profit atm, but imo fwiw, we are only just scratching the surface and this could be an exciting and much more profitable ride.
2517

Nice update re Reimbursement in the USA.
Things can now surely only go one way. UP.

Sp up and down like a yoyo at present. I put it down to profit taking.
For a change I increased my holding in a share at the perfect time.
Up over 20% in 2 weeks. No intention of selling yet.

greekman-----bound to get some profit taking but imo there is much more upside to come, and rather than try to be too clever by selling and re-buying I will sit on them and ride out the down days, I firmly believe that this is one for the future.
2517

Not seen this for a while.
All 7 Market Makers are showing same price as each other on the offer and ask.
Are they expecting something and just sitting on their hands waiting, not knowing which way to jump. Also the spread is a bit wider than usual, another sign of them not being sure which way it's heading.
Could always be a coincidence, but strange all the same.

Positive comment in shares today.
2517

RNS...Instiution selling.

It's never good when an institution sells.
They probably got tired of waiting for the CardioQ contracts to come flooding in.
Their clients were perhaps hoping to see profits increase faster.
Me, still being patient.

And me.
2517

Institution? Surely that's just MAN Financial who do spread bets. That's a load of spread betters closing their positions. That's nothing to worry about.

Me, I'm patient. The patient dog eats the fattest bone.

Hi Arf Dysg,

Could be as you say but Man Financial have been connected to Deltex for some time, and also deal in online futures, options, 'equities', forex, CFD's, free research and quotes.
.

Man Financial Limited first mentioned on 10/01/06 when they declared a holding of 2,360,000 putting them over the notifiable threshold.
They had 3,260,000 21/02/06 reduced to 3,135,000 on 22/02/06 so they must have bought another 900,000 sometime between the 2 dates.
The latest sale of 635,000 as stated puts them below the notifiable threshold, but still leaves them with a reasonable size holding.
So they look to have been in Deltex (with a notifiable holding) from 10/01/06.
If they held a lesser amount before that we have no way of knowing.

But like you patient, and not worried.

RNS out.

This placing will represent approximately 8.97 per cent. of the entire
issued share capital of the Company immediately following Admission.

'Deltex Medical has reached a key stage in its development where it is
experiencing both sustained and sustainable growth in all of its key markets.
Furthermore the Company's potential for future growth has been enhanced
significantly by the recent announcement of reimbursement coverage in the USA.
This investment in the expansion of our manufacturing capacity will allow us to
meet the rising demand for our products.'

Placings are sometimes for good reasons, sometimes bad. I will go with this placing being positive for the sole reason I believe some orders are in the pipeline and the extra funds are needed to speed up the manufacturing progress.

All IMHO of course.

THE COUNT--->ALL

Ooops, I wrongly posted this earlier on the traders thread thinking it was this one.

Post as follows....

THE COUNT--->ALL

The placing price is slightly disappointing, but then again, who llikes placings for any reason? I understand the company were hoping to do this at around the 25p mark but institutions originally wanted to do this at 20p and the company turned it down.

I wasn't aware of this until very recently, but the company, by this month, were running close to their capacity to produce probes. Obviously this signifies growth and it is a fact that all their territories have continued to grow. Given the setting of our market, you cannot fail to deliver on any orders as otherwise, it would be lethal to the company itself.

The bulk of the monies is to be used to fund a large expansion in the production capacity....I understand this to be up to a capacity of 20,000 probes per month from a present cpacity of 6,000 - 7,000 probes per month.

The company cannot raise any more money as this is their present limit without holding an EGM. I know its not a pleasant thing to do for existing shareholders, but it really was due to prohibitive costs that they didn't bring everybody in on the placing. The placing was done very quickly.

It's also the case that many investors regard all placings to be an evil force from the dark side. It is a necessary and important function of having a stockmarket ilsting and it is being done predominantly to fund the necessary expansion in our capacity.

The signs are all there...they are running close to capacity now and are expecting to reach their limit shortly....likely in the second half of the year. We sold about 39,000 probes throughout the whole of last year. If they reach their capacity of say 6,500 probes per month, that would annualise the probe sales at about 78,000 units. Now with the increased capacity, we will have the potential for about 240,000 units pa.

I don't like this as much as any of you, but it is necessary. For now I am biting the bullet.

Regards.

THE COUNT!

The Count,

Thanks re the extra detail.

Looks like the PI's liked it. On a bad day for the market Deltex are up.

Now will be nice to see, either new institutions buying, or/and existing ones increasing holdings.

Greek.

All, been in and out of DEMG three times, twice at frustrating losses triggered by stops and once re-couping them back with a well timed buy low, sell high.
Just wondered whether DEMG is now about to realise the potential but also thoughts on the competition Lidco? They reported strong sales this week but also received a patent in USA.

I have posted their RNS's below for your comments compared to DEMG?
I currently have no investment in either but DEMG has been on my watchlist for what seems to be forever.