pond1
23 Jan 2018
Re: Please sir can I have some more. 5 trades already today all buys well over 1.25p, anyone explain why people are buying at prices over 1.25pI can understand it if someone is intending to buy on the offering, increasing their holdings so that a percentage of the holdings is accepted, but to pay well over the 1.25p appears weird to say the least.
RAConnell
23 Jan 2018
Re: Please sir can I have some more. This beggars belief as well as existing shareholders!05/01/2018 RNS stated:"'We have substantially reduced our rate of operating cash consumption in order to meet our key goal of getting past the operating cash breakeven point. 'In the final quarter of 2017 we put in place a number of changes to our cost base with effect from the start of 2018 and, in view of the actual level of 2017 sales, we are reducing our costs further to match our operating cash costs with current levels of sales. 'These actions should allow us to fund future organic growth out of operating cash flows."But now the serial confetti share issuer is back again. If the DEMG wall were left standing there would be writing on it.Cheers, RAC
pond1
23 Jan 2018
Please sir can I have some more. It looks like the begging bowl is out again.I hope that the general meeting does not pass the resolution needed to enable the proposals to proceed, reason being that the Deltex boat is sinking too fast to save.I appreciate my feeling have gone back to negative, very quickly, but i did not expect the begging bowl to be passed round so quickly within a few days of such a positive contract RNS.It could also be that the offer of 1.25p could be higher than an open market price.If I felt that this was the last time of begging for more good money after bad and that it would be used in a positive way, I might put a few more quid in, but EP will continue with the same broken down business model that he has been following for many years.If they don't get the money, the company could be forced to either sell up or partner up, either scenario probably better for us long suffering shareholder than the current drip, drip of pain.
RAConnell
18 Jan 2018
Re: call me old-fashioned... EP to sell out and cash his freebies?Cheers, RAC
Fokisi
18 Jan 2018
call me old-fashioned... Cash & how the business will be funded Still looking forward to hearing what the plan is
pond1
17 Jan 2018
Re: Good result Never thought I would see Deltex top of the leader board
alltold9
17 Jan 2018
Re: DISBELIEVERS! Momentum picking up!
RAConnell
17 Jan 2018
Re: DISBELIEVERS! Some of this in this BB like myself, seadoc, susan lah, fokisi and pond1 have been here many times before with such RNS announcements that have not been followed up by increased sales. The last financial report:"Deltex Medical Group expects losses for the year ended 31 Dec to be higher than market forecasts.The group said US revenues rose by 5% to £2.0m but overall revenues fell to £5.9m from £6.3m with a UK revenues down £0.4m at £1.9m and International revenues 5% lower at £1.9m.Chairman Nigel Keen said: 'Procurement process headwinds held sales back to disappointing levels in 2017. 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.'We have substantially reduced our rate of operating cash consumption in order to meet our key goal of getting past the operating cash breakeven point. 'In the final quarter of 2017 we put in place a number of changes to our cost base with effect from the start of 2018 and, in view of the actual level of 2017 sales, we are reducing our costs further to match our operating cash costs with current levels of sales. 'These actions should allow us to fund future organic growth out of operating cash flows.'We have completed a large part of the investment necessary to move the Company from a single technology to a multiple technology business and are moving our marketing focus forward accordingly. 'We expect to see the impact on sales growth of these developments starting to come through during 2018 to supplement our established position in major export markets as a significant provider of haemodynamic monitoring solutions.'"was preceded by such announcements. So if some of us are disbelievers then maybe that explains it. Why should it be any different this time?Of course such announcements are welcome giving rise to hope only to be dashed by falling sales. The focus on operating costs is because DEMG can no longer serially issue confetti shares.Cheers, RAC
alltold9
17 Jan 2018
DISBELIEVERS! So the managment have proved they can negotiate amazing deals. This could be the catalyst for good times ahead. 200%+ today?
axel27
17 Jan 2018
Re: Good result Happy.Volume is 7% of company. In 2 hours. Wow.I await bottom line company reporting of figures.Betting not investing this dog.A
valinv1
17 Jan 2018
Largest % rise ever i think Hopefully we have now moved upwards and onwards from 'rock bottom' sp, and will not need to write off a substantial investment % of my portfolio.
RAConnell
17 Jan 2018
Re: Good result More jam tomorrow? How many times have we read such announcements - without any real follow through as prior RNS of falling sales revealed?Cheers, RAC
pond1
17 Jan 2018
Good result Can't argue that this new contract is anything but good. It all now depends on how Deltex follow this up. They should be shouting such contracts from the roof tops, but I fear that the current management will sit on this quietly and after an initial lift in the sp, it will do it's usual slide back down again.I am not knocking anything in the RNS, but it is again my exasperation at what could be that breaks through every time.So come on EP use this result as the selling tool it should be.
axel27
12 Jan 2018
Fabulous Buy ...but not for the shareholders...Product sells, it is qualfied.I even believe it is one of the better products in the maket place.Handicapped (?hijacked) by the management team.One has to ask if a £5m t/o public company can support close to £500k exec bill.To quote: "Included in accruals at 31 December 2016, is an amount of £144,200 owed to Ewan Phillips relating to contractual bonuses that had been*** earned*** in the three years ended31 December 2014. "..it will sell, the vultures are waiting to pick the bones clean.Happy New Year.A
Fokisi
11 Jan 2018
Re: Too ridiculous? My view:1. The private entity/consortium, of which we are yet to be advised about, will surely force you to pass on your shares to them or2. the Administration process will handle the matter of your sharesDo others have a different view?
