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

After further though........I wonder if reading between the lines re Spain and this fund raising, they are very close to a big order that as per market rules and the possibility of confidentiality with their Spanish customers they are limited to what they can say.
Of course any financial body (Noble AIM VCT Plc) would want evidence of purpose either present (contract for example) or solid potential in order to consider any loan returns, so I would think sufficient details/information would be allowed between the two participating bodies on a confidentiality agreement.
I appreciate that reading between the lines so to speak is more pot luck than science. I just hope I am not reading too much into this, due to the natural leaning of wanting to see good news rather than bad.
Time will tell.

Good results as long as punters read them with a look to the future in mind. All figures good, except of course the increase in operating loss which was to be expected. With this new funding now available it does look like the next 12/18 months will be very foretelling, hopefully in a positive way. My biggest fear over last year was possible overstretch, something that has now been eliminated (at least for some time) with that increase in capital now obtained.
On a final note I expect the sp to dip just a tad further before it picks up again, purely due to the peculiar, but understandable market mentality we are experiencing.

Getting lonely here. Is there anyone out there apart from me and George.

Hi Greekman,

I thought I would just post so you know you are not alone.
Thanks. I was beginning to wonder if I was the only investor left in Deltex. I think George has gone into hibernation for the winter.
Possibly. I am still fairly heavy into the company.
Yes, so am I, easily the biggest percentage of my share portfolio.
Looking to top up within next couple of months.
Same here. Thanks for posting. I was beginning to think I was going a bit funny as I was starting to imagine things.
What like taking to yourself.
Yes, exactly.

On a serious note, I will continue to post as often reading back through the thread, I remind myself of why I bought into and am still in Deltex.

greekman----been away recharging my batteries for a few days, just seen the results, the message IS getting through ( increase in sales of both monitors and probes), like we have said so many times, it's just a matter of time, and with B. Obama wanting to cut back on health costs DEMG looks ideally placed to benefit.
2517

Hi George,

Agree. Thanks for the post. Sane again, for the time being at least.

2.5 mill trades today all sells and yet the sp is steady.
Although not a huge volume for Deltex it is higher than average of late, and on far less volume of sells the sp has not been slow to drop.
May be a simple answer, but does make one wonder, if something is brewing.

Interesting link from Deltex home page.

http://www.reducinglengthofstay.org.uk/

Shame the NHS are still wasting oodles of money.
When my wife first became a Nurse in 1972, the ratio of nurses to administrator/managers was about 9 to 1.
A couple of years ago I read (sorry can't prove figures as can't recall where) the ratio had dropped to 3 to 1.
According to yesterdays figures, there are now more admin personnel than there are consultants alone.
Figures for the administration personnel have increased even further last 3 years.
More medical staff have been trained but the jobs (the money) are not there.

The latest released figures (2005), show that the non-medical group represents 83% of all NHS Hospital and Community (this obviously includes cleaners/cooks etc)
(HCHS) staff, the remainder 17% being doctors and dentists.
There were 533,908 (438,376 fte) professionally
qualified clinical staff (none medical staff) in 2005 compared to 404,656 in 1995.
A further 376,219 (219,663 fte) staff work in support.

Now you can see where 14 yeas of labour policy of throwing cash at the NHS which manly goes to pen pushers is wasted. I appreciate that many of these none medical staff do work hard, but do we really need so many.
Lets spend some of this wasted cash on where it will do more good medically, and (CardioQ) save money in the process.

Makes my blood boil. Nurse, Nurse.

Matron (Hattie Jacques, would be spinning in her grave)... Over to you.

Strange.

Re the RNS. Buys at a low price.

Strange, very strange. I presume it would be a discount for volume, as he must have bought on the open market (unless someone knows different) but when was such a buy declared ?, or did I miss it on the trades list. It does though explain the recent large sells, without the sp drop (until today).
Been a long while since a none exec, or exec bought shares in any volume.
Perhaps the move was now as the company is expecting some big movements in orders (we can live in hope). Lets just wait and see if others, connected to the company jump in before any dealings become in any way price sensitive.

No trades yesterday now up 20% on low volume.

SP up 20% on very little trade. All I can think of is looking back at the results there are several mentions re different parts of the world taking up full implementation of the Cardio by the end of this year. OK I appreciate we have a long way to go to 2010, but as full implementation will only occur by gradual progression, are we in for a good news release.
Those director trades a few days ago, nicely out of the way.
After no trades yesterday, something must be stirring.
I did think of buying a few more first thing this morning, but missed it. Win some loose some.

In Gordon Browns budget, Alistair Darling stated that the NHS budget would not be cut. Treasury figures released yesterday, show a cut from 104.6 billion to 102.3 billion (Lied again).
The point of posting is that he stated that no cuts would be made in front line services (if we can believe him).
Either way, I think Deltex could/should gain.
'No cuts' in front line services, conclusion obvious.
'Cuts' in front line services will mean that areas of cost savings need to be looked at, hence the CardioQ.
All this needs is common sense to prevail. Mind you that is a lot to ask from those purse string, pen pushing, moronic bureaucrats that manage (sic) our NHS.

Always nice to see directors electing to take shares in lieu of cash, for remuneration. Advisers also feel it's a better option. With 100 million shares in issue another half mil, won't make much difference. At this stage in Deltex's progress the cash saved albeit not much will still no doubt help their bank balance.

Ops double counting again (see Georges post). Perhaps I should go into politics.

greekman, I am as keen as you are to see DEMG's sp rise but you cannot count todays deals twice, they are the same deal.
2517

George,

You say....you cannot count todays deals twice (nice if you could).

Thanks for that, had a grey moment (got carried away a bit). I was mislead by MoneyAm releases. They released the initial shares granted announcement then several hours later released a separate announcement for each director. But I should have noticed the amounts per director were the same. Will edit post 628.
Thanks for pointing it out.

Still a waiting game with DEMG, but I am convinced they will come good over the next 18 - 24 months.
2517

Could this be a major sign of expected contracts, new or increased.
This is the third time in 4 months board members have either purchased shares or/and took shares in lieu of fees.
Whilst I appreciate this dilutes the value of our holdings, I feel the money saved by the company is a big positive.
You don't take such a deal unless you have a massive belief that you will benefit.
I know directors do not always call it right but when they all jump in together it must be a sign of positive vibrations filtering through.
As most know from my previous posts, my share portfolio have a very heavy percentage of Deltex shares. Even so I did increase my holdings a few months ago.
Whilst now even more positive, my own holdings in this company are again a HOLD.
Wary re all eggs in same basket syndrome.

non-execs at DEMG do the same every year, so I read zilch all into it
DEMG always looks good, but progress is mind-numbingly slow.

Notlob,

Just checked that myself. Although it is correct that the same happened over the last couple of years, it does appear they are now all doing the same, and to a bigger extent.
But I do take your point.

Also nice to see another Deltex poster on here.

greekman

don't want to appear pedantic on this one, but last year they issued approx 370K shares to non-execs, this year it is exactly the same, so I don't see any trend at all.

I think doing this is a good idea, and I believe that DEMG will return shareholder value at some point. My feeling is they will get taken out by a larger company, as DEMG don't seem to have the resources to really push this out, although I give them full marks for trying. It seems an uphill battle and because they are starting from such a low base, with regular doses of new equity, giving shareholders a return has , so far, proved impossible.

Notlob,

OK, I see that the shares issued are the same.
No problem re 'pedantic'. I would sooner someone politely as you have, point out an error than allow it to continue (must keep more accurate records, I missed a 0 off last year, perhaps there is a job for me if Alistair Darling moves over).
Still as you say it is a good idea. Perhaps the time to really take note is when they do not take this route but instead go for the monetary award option.

Like you I can see a larger company taking them out if/when things really get moving as that for most companies appears to be the way of things.