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

Sometimes, you couldn't make it up.

Although NICE have recommended to the NHS the use of an ultrasound device that sends ultrasound pulses along broken bones, the take up by the NHS is very low. These machines can often save more expensive surgery as well as increasing recovery speed by 38%.
The excuse is that, why should they spend 2,000 per machine when they already have the infrastructure for surgery, although surgery is found to be less cost effective.
Of course common sense still shows that they would save money re surgery staff and the more efficient use of equipment and theatres.
The difference with the CardioQ of course is that it is used in conjunction with and post surgery.
Still it does go to show, just how shortsighted and blinkered the NHS really is.
Sometimes, you couldn't make it up.

Sp up on selling cycle,

It does look good, especially with the bid chasing the offer, via a narrowing spread. Even allowing for a correction after the terrible day yesterday, I have not to my knowledge seen such a increasing sp in a selling cycle in the Deltex sp before.
News can't be far off now.
Will be interesting to see how many late deals will be reported after close.

Congratulations greekman, you are no longer a patient, your recovery is complete and hopefully things will get even better for you.
2517

Hi George,

Typical, I go on hols for a couple of weeks ans the sp goes up around 50%. Perhaps I should go away again.
Just read the final Nice recommendations.
I was amazed at the figures.................NICE estimates that its recommendation applies to 837,000 surgical patients each year in the NHS in England alone. Across the UK as a whole, using NICE's estimated average saving per patient of 1,100 per hospital stay, this represents a potential 1 billion annualized saving.
We have often said that this would be a no brainer. This report now proves it!
Surely this must now take off into the stratosphere.

regards Greek.

PS Patient feeling a lot better. Hope there is not a relapse.

From Medical news dated 11/04/11.

Only seen today as just back from hols.

Although it is only a reiteration of the latest NICE guidelines/recommendations it does give a very good write up.

http://www.medicalnewstoday.com/articles/221931.php

Deltex raise 1,000,000 in a share placing.

I never have any problem with fund raising if it's for the right reasons, although as this was a placing, us poor PI's never got a look in.
But hopefully this could indicate things are about to start moving and a right issue would be both time consuming as well as more expensive, so if that extra bit of cash means a minute dilution of my holdings them so be it.
Reading between the lines, could this mean that there are several formal inquiries re contracts and supply taking place.
One can but hope.

Deltex will have to show that they can deal with any reasonable responses to the NICE papers.

Patience still required, but with the NICE recommendations the clock is definitely ticking.

Greek.

I am trying to be patient honestly.

The NHS have known of the proven benefits of the CardioQ system for many months if not years, they have also had the NICE final report for 6 weeks.
OK 6 weeks is not that long, although it feels like longer, also we don't know what is happening behind the scenes so to speak.
There may be many moves to procure the CardioQ system as a general uptake in the NHS, but as we are not privy to such information, we can only guess and hope.

I will as previously stated give it till the end of this year, before deciding to stay with this share or jump ship.

I appreciate this is not the time to make waves, especially as we know Deltex are busy gearing up production scales, but if contracts don't start to filter though within the next few months, surely it will be the time for the Deltex Management to think about publicity to shame the NHS Trusts into action.

As we all know the CardioQ saves lives and money (average saving per patient of 1,100 per hospital stay, this represents a potential 1 billion annualised saving), so the very slow take up of the system is a national NHS disgrace.

I am sure that all of those who have Deltex shares believe that the none institutional take up of the CardioQ is nothing more than verging on farcical.

If within a few months, procrastination still rules, I intend to e-mail Ewan Phillips to see what action is intended if any, to bring this to the attention of the many health and welfare reporters in the media.

With reference to my post of last Monday.
Patience is wearing very thin.
Whilst I appreciate that Deltex are gearing up to increase production, surely this should have no impact on the delay of gaining further contracts.
There is nothing to stop contracts being signed with the proviso that delivery of the product is set over a certain timescale.

As I compile this post, yet another 7am comes and goes without a RNS.
Will we be looking at another week, then another month.
If no RNS is released by next Monday, I intend to E-Mail Ewan Phillips.
I am not prepared to wait any longer.
We need answers!

I intend to ask/suggest that this further procrastination by the NHS Trusts are bought to the attention of the media.

I feel that certain newspapers should have this blatant waste of money by the health service managers bought to their attention, and therefor the publics.

Perhaps programme makers such as Dispatchers/Panorama and the like would be interested.

On the 7th October last year I sent an e-mail to Mr Phillips, receiving a reply the same day.

That e-mail was for clarification in several areas of progress. It was sent as a request 'from a small group of investors'.

The reply was as forthcoming as possible allowing for both LSE disclosure rules and company confidentiality.

I would also like the intended e-mail to be forwarded as a request from more than myself.

Please feel free to endorse the 'idea' of the intended contact by voting up this post.

Prior to contacting Mr Phillips I will post the content of proposed contact on this thread in order to allow others to comment on both the content and also to propose any amendments.

Any reply would of course be copied back here.

The softly, softly approach has been tried for too long.
After over 70 positive test results and now a full recommendation by NICE, there is no way that any further delay on take up can be justified by the NHS.

Deltex should now be in a position of being overwelmed by potential customers. They should no longer be having to go round trying to perswade people to by!
Potential buyers should be knocking on 'Deltex's door'!

If no-one is listening, we need to knock louder!

Strange.....Market is well down, Deltex daily volume about average or slightly up, all deals are down as sells and yet contrary to what usually happens when all these things occur together, Deltex sp is static.

Could it be that I am just hoping for that bit of good news, being round the corner.

Just can't read this share.

Over the last 3 days and todays early morning trades, all were reported as sells, except for 3 that were unknown.
Total sold, 1,280,000, not including the few sells on Plus.
Not a massive volume or value, but normally these sells would have triggered further drops in the sp, especially as the market in general was also down over the same period, with many AIM shares taking big knocks.
Not trying to read anything into this, but I do find it hard to believe that there have been 'No recorded buys' among the 50 or so trades.

I always thought that trying to understand women was difficult, but compared to understanding the workings of the stock market, women are an open book!

Still only sells, till the mm's upped both the bid and offer.
This resulted in a couple of buys, then tailed off, so they upped both again.
Anyone else feel they have a biggish order to fill, or am I yet again, reading something into nothing?

It's so quiet you could hear a contract being signed, that is if there were any.
Still looking toward to the trading statement without much confidence.
Many say I am inpatient, and they may be right, but having held Deltex shares for many a year, I felt that with the many positive trials, coupled with the multiple positive analytical reviews, finalising with the NICE recommendations I had ever right to be more positive than ever before.
Then what happens. Have Deltex started to bang the drum?. They may be doing just that, but if they are it must be so gently that nothing is appearing on my radar.
Surely if they can't make 'noticeable' inroads into the NHS at this stage then what chance do they have.
Austerity measures are soon coming regarding NHS funding, so now must be the time when NHS Trusts are looking at saving money.
Also it is not just this saving of money that is important but they must be seen to be saving said money.
Publicity has to be the key. Is this angle being looked at by Deltex!
The NHS is always being knocked by bad publicity, so some good publicity such as NHS looks to save millions by using the CardioQ, must be a way forward.
We should be seeing competition (because thats what they are in) between NHS Trusts regarding many aspects of cost savings, the CardioQ included.
Of course outside the medical world, the only laymen that have heard of the CardioQ never mind knowing it's benefits is limited to the investors.
that would change, if the publicity was out there.

Of course the bigger market is outside the NHS, but I feel that until the home market increases those outside markets will ask the obvious question, IE if it's so good how come etc, etc.

I am beginning to feel that if Deltex made life jackets, they would struggle to sell them to passengers of the titanic.

Well as already said, the trading statement is my catalyst, as I will not be going down if the ship starts to sink, or even if it becomes like the slow boat to China.

I appreciate my post is very pessimistic, but that's just how I feel.

Greek.

From a RHP.

A free tip, so that is why I have put the link.

Quote....The CardioQ, with its terrific contribution to patient recovery and NHS efficiency has been around for years. But only now when the pressure is really on to save money is the NHS grasping the nettle.

My comment...Well if they have grasped it, I can't see much sign yet.

Do RHP know something we don't, or is is just a repeat article for just something to say.

http://info.redhotpennyshares.co.uk/deltex_medical_just_hit_the_jackpot?gclid=CKqpjcvh-KkCFUFC4QodOGvaXw&T=1310369178&JTID=177168225&OGID=52&network=GAW

Things are looking good, but are they good enough.
I expected to see a few good solid contracts, not an agreement to implementation.
Surely the 200 plus medical papers along with the NICE recommendations should have produced more than this.
So I have decided to meet this Trading Statement halfway, and have sold half my holdings in Deltex.

Finally out.

Although still feeling Deltex will get there, albeit very slowly, I also feel that with the present or more importantly the near future economic situation mainly lead by the EU and the USA, the sp for this company will continue to drop following the general market direction.
Re the trading statement, in the UK it looks as if 400k and a 27% increase in sales has been made in the last 6 months, and yes the NICE result only accounts for half of that period.
But I feel that if they had had a better marketing strategy in place a couple of years ago, then a 27% increase in sales on what would have been far higher sales pre this increase would have resulted in an amount far exceeding a paltry 400k.
It is far easier to increase sales by a higher percentage when sales are low than it is to attain that same percentage increase on a larger stating volume.

So I'm now fully out of Deltex.
My final view is that, if the situation starts to look far better for the company, there will be a few chances to get back in around todays price, if I choose.

Obviously once out, it would be annoying to see the sp rise, but if it goes in the other direction, I am not one of those who will com back and gloat.

So I wish all still in and posting the best of luck.

I have enjoyed the ride, frustrating as it has been, and thanks to all who have contributed over the years to make his thread one of the best, and one of the few grown-up threads on MoneyAm.

I will look in now and then over the next few months.

Regards to all.
Pond.

I saw the RNS this morning and thought I would look in again expecting to see a few posts from the regulars, but no.
In fact the last poster on here was me over 6 weeks ago.
This goes to show the falling interest in Deltex as a company.

The results on the whole look mixed, with the positives of the growth figures, especially in the UK, negated by the increase in the loss figures.

I read an article in yesterdays Daily Telegraph, re the power of contacts that some companies have.

It mentioned Glaxo and how they can get products into any hospital within 24 hours (mainly of course due to their world wide distribution network), and no doubt there are many other, Smith and Nephew, Shire, etc.

As said before, Deltex need a company of that magnitude (or thereabouts) as a partner.

So I give Deltex a C pass for their efforts, with a could do better final remark.

I still look at the product and think, 'Why is this still not being looked at as a must have technology in all hospitals, world wide'.

I did note that inventory volume has been vastly increased, so hopefully this could mean that they know something we don't.

I won't post again for a while, as I appreciate any post from a none holder can be annoying.

Also I feel I have done the partnership issue to death and there is nothing new to say.

Good luck to all holders.

Greek.

greekman,

If you sell here, where would you put the money with better chances of growth? The reason that the Deltex share price is going down is that the whole market is a festering stinking load of pants. It's not Deltex's fault. I've been a shareholder here since early 2005 and I'm not selling. I know people who have been investors for even longer. I have watched the revenues going up year on year, with or without NICE recommendation. Even in 2008, the year when the whole stock market went to Hell in a hand-cart, when everyone was screaming in pain, Deltex's revenues increased. The ship sails on, through the storm.

This year the stock market is again going down the toilet, and Deltex sails on, with revenues up.



Why is there only one monopolies' commission?
What if there were no hypothetical questions?

I never use cliches. I avoid them like the plague.

I haven't started procrastinating yet!

I don't make predictions and I never will.


You know anarchists have their symbol which is like a capital A with another line in it? The question is...
IF THEY'RE ANARCHISTS, WHY DO THEY ALL USE THE SAME SYMBOL???


I know a man who was so old, he went on an internet dating web site and they said he should use THE CARBON DATING web site.


Zippy says: when you get your PhD will you be able to work at MACDONALDS?

Hospital accountants don't look at saving money like the Public - it appears to be a no-brainer, like locking up all burglars . . but then the Police would have nowt to do.

So if a technology can save money the Hospital buys them, Hospital purchases go up. Accountants notice this - the Purchase Ledger say so.
If the hospital treats more patients, and they have fewer complications, no money changes hands . . . Accountants don't see thsi, but the Purchases has gone up . . . so they must try to keep them down, with delays, order-countersign, reorganising the Buyers and so on.
Purchases continue to rise, so Accountants stem the flow of Purchases, at least for 6-months - Accountants happy.

-and don't kid ourselves when selling to the NHS the price is Low! So don't expect any huge profits, just yet.

Whoopee! We're saved! We're saved! We're saved!

After being out for many months, finally back in as with watching and waiting I now feel that Deltex are just about to break through from 'all the talk' which I am not blaming the company for, to action.

Whilst still feeling that Deltex should have gone down the big brother partnering route, which would I feel have put them about a couple of years ahead of where they are now, I do think the tide has finally turned.

Greek.