Deltex Medical Group Live Discussion

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pond1 05 Jan 2018

Re: A case for the FCA? Hi Fokisi,I hope you are not implying that someone might be acting in an inappropriate manner and there may be collusion afoot, its as if you do not trust the markets to be crystal clear in their dealings.It shows how keen the market is to get hold of shares when someone can only get 0.75p when selling 7,133,386 shares.

Fokisi 05 Jan 2018

Re: A case for the FCA? "It appears there are many investors still willing to buy rubbish if it's cheap enough. "The new consortium, or entity, to take it private, one assumesNo prizes for guessing who that might include...

pond1 05 Jan 2018

Re: A case for the FCA? It appears there are many investors still willing to buy rubbish if it's cheap enough.

RAConnell 05 Jan 2018

Re: A case for the FCA? EP is noticeable by his absence. If the Chairman really was "keen" he'd have got rid of EP years ago. DEMG is an object lesson of how not to commercialise good technology.One wonders what is going on with DEMG share trading. Large bouts of selling are followed by large bouts of buying. One really wonders if there is not some form of long-term manipulation going on here.Cheers, RAC

pond1 05 Jan 2018

Re: A case for the FCA? With a market cap of only £5.95 mill and a net gearing of 55% the companies worth is shrinking daily.Surely the best thing they could do is sell lock stock and barrel, including all their patents.I would have no problem with a fresh company that could push sales, by a takeover consisting of either shares or cash, anything is better than this continuing death by a thousand cuts.Thank goodness I have held only a token 12,500 shares for the last few years and although my losses have not been great (a couple of Thousand), I am sure many are looking at more substantial losses. Ewan Phillips obviously doesn't have a clue.When the yearly begging bowl is passed round yet again, I doubt that anyone, even those who like betting on long odds, will throw more good money after bad.

RAConnell 05 Jan 2018

A case for the FCA? The FCA is investigating Carillion for apparently misleading announcments prior to its share price collapse. DEMG reporting history appears to be little better with continuously massaged, optimistic outlooks. One wonders what management's ploys are given so many share awards to EP whose failure gets continually rewarded.Cheers, P.S. Where is seadoc?P.P.S. The only upside is that my losses on DEMG can be offset against greater gains on Glencore and boohoo so using CGT allowance and avoiding tax.

RAConnell 05 Jan 2018

Re: Trading Update Both equally useless. Not long now before DEMG folds.Cheers, RAC

pond1 05 Jan 2018

Re: Trading Update Obviously EW should have been EP

pond1 05 Jan 2018

Trading Update The following says it all.Overall revenues of £5.9m (2016 £6.3m)International revenues down by 5%UK revenues reduced by 18%December sales were down with c.£0.3m of bulk orders not repeated from 2016Loss for 2017 expected to be higher than market expectationsCash at 31 December of £0.2m (2016: £0.6m).The rest means nothing, because they said almost the same, word for word at the same time last year................And it changed nothing.............................. Discussions on the future funding of the Group are in progress and the Company expects to be able to make a further announcement in the near future(again).However, Deltex enters 2018 positioned to benefit from momentum in the USA and other focus export markets. The UK continues to be a difficult market due to NHS funding constraints (change enters 2018 for 2017 and its same again).We have substantially reduced our rate of operating cash consumption (again) The Company is currently in the implementation phase of achieving this goal in a number of territories worldwide, operating directly in the UK, USA, Spain and Canada and through distribution arrangements in a further 30 countries. (again, bla bla bla)I would not be surprised if the sp by end of year (if the company is still quoted) as being a true 1p share, or lower).Absolutely pathetic..........Albert Einstein said, Insanity is doing the same thing over and over again and expecting different result.EW Please take note.

pond1 04 Jan 2018

Re: discussions? My thought exactly Fokisi. Many of us have said for years that Deltex should either have taken a partner or sold out to a company with the power and contacts to sell their product, but as that has not happened, I can now see either a de-listing as you say, or a take over at a very low price.I wonder just how low the sp has to go before either of these options happen.Of could whichever way it goes, you can bet EP won't come out of it loosing at a fraction percentage of what many investors do.

Fokisi 03 Jan 2018

discussions? Meetings must surely be taking place, to address the inevitable?I wonder what group or consortium might be pitching in with an offer. At no uplift to current price, we can be sure...EP Show carries on in some form?A swift delisting, & we'll hear no more, I supposeAdministration?Or am I missing something here, as is usual?

pond1 29 Dec 2017

Re: In a death spiral What a pathetic end to the year, this time last year I thought things could not get worse and yet the sp has continued its downward spiral, from 3.85p to its current level of 2.13p.Begging bowl about due again, 'Please sir, can I have some more'Well lets face it it is pantomime season and the whole company board run it like a pantomime.

Fokisi 18 Dec 2017

Re: In a death spiral Announcement, of some sort, has to be made imminently, surely?Or once again, am I missing something here?

RAConnell 18 Dec 2017

In a death spiral And not a peep out of EP, not even an RNS about some new trial result based on freebees to US hospitals.Amazed that any buys are going through.Cheers, rAC

seadoc 11 Dec 2017

Re: The end id nigh "Beware the creatures of the id"Classic 60s SciFiBut to answer the question about my thoughts and actions: gone long at 50p a point.Regards,Seadoc

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