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

Just the Andy Mears mention is the only change I can see from the same rubbish put out for the previous several years. Optimising, maximise, addressable, exploring new ways, challenges etc.

I doubt anyone attending the AGM fell for this guff.

Deltex Medical's management, led by Andy Mears, will be working on optimising the Group's sales and marketing activities in order to maximise the Group's revenues and addressable markets. The team will also be exploring new ways of addressing the challenge that many hospitals currently only use haemodynamic monitoring for high risk patients.

Well at least it's not, same old story. It's actually worse!

Today's trading update is as expected, utterly pathetic.

The heading 'highlights' is an oxymoron as there are no highlights at all as in every section sales are lower than the corresponding period of 2017.

I can see no way out for this company, it's either sell out to or amalgamate with a bigger player, something that many of us wanted years ago.

How any management could allow such a slow death to occur to a once promising company that had what we were told was a game changer is beyond me.

The slow train Deltex has been grinding to a halt for years and as I am sad to say is fastly approaching the end of the line buffers, I am waiting for the next fund raising that will only fall-stall the inevitable.

I accept the above is all doom and gloom, but if anyone can see any light at the end of this long dark tunnel, please let me know.

Sorry to say, yr appraisal is spot-on.
+ The weaker pound is not their problem, since this would make exports more competitive...sad fact is, that no-one wants their product and they've wasted years trying to prove otherwise. I recall this was 20p awhile back, when the story seemed plausible and one expected product-expansion.
They need to visit some of their customers and find a niche-product they are wanting....but any begging-bowl will receive nowt from me.
If his Co was a car-maker, they'd be pushing diesel Austin-sevens....grief.
EDIT( 29Aug2018)-I see several RNS:- Dir-buying...well, I hope they know something I don't - For I see nowt ahead, with the incumbents, - or should that be incompetents? The present sp under 1p - "Oh how the mitee have fallen..."
EDIT(19Sept2018)-sp up today 29% but it's still below 2p ( Oh deary). Buy/Sells close to evens, IMHO.
EDIT(24Sept2018)- sp fell to 1p12 =clearly not going upwards much yet.

Hi Hangon,

As you rightly say, the weaker pound should mean that their products are cheaper, although they are using the argument that it does make their profits less as they are selling at a cheaper price (pound to dollar). Crafty how they only use the one side of the argument that suits them. Perhaps the board should throw their hands in and go into politics.

As to the sp, it was 30p early 2011 (ah those were the days of big dreams).

I still feel that if a big brother in the medical instrument field (Williams medical supplies the largest UK medical disposable equipment or say Johnson and Johnson) had got hold of their product it would have flew of the shelves years ago.

At least then Deltex could have had a decent piece of a very large pie, instead of having 100% of almost nothing

This pathetic lot couldn't sell discounted water to a Bedouin dying of thirst.

Well, blow me down with a feather...a glimmer of good news at last.

Well, if we assume the product works ( er, but does it really "save money"?), then Sales is the issue... I understand they have sales trainers (?) in the US where they expect the Market to be . . . but even this brings into Q. =if you are selling a product; to visit existing (and non-existing) Customers you need something that will excite them enough to see you.
+ This Co. has stuck itself in a low gear and hasn't really widened their offering - so unless you believe there will be either "Savings" -or a "better patient outcome" - why would you ask to see the Rep? - Similarly, unless there are real benefits, then why would the Purchasing Dept. be interested?
I suspect [DEMG] have let time stand-still and any excitement 20-years ago ( or now!), is unlikely to result in a meaningful Dividend.