sharetrader
  1. #10361
    Senior Member
    Join Date
    Mar 2010
    Posts
    964

    Default

    Yup, and I was told he never made that statement.

    But it is a moot point. MAde or not made, the statement relates to number of tests, not tests sold.

    But we've done this to death already right?

  2. #10362
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,841

    Default

    Quote Originally Posted by Balance View Post
    http://www.nzherald.co.nz/business/n...ectid=11178639

    "Swann is confident the company will be processing "several tens of thousands of tests" during 2014"
    Yes Balance me old mate

    Like it or not PEB head honchos have anchored all thinking about the future around 'several tens of thousands of tests during 2014' and achieving $100m of revenues in 5 years (start/end date keeps moving)

    So progress ( and commentary) will always come back back to those anchors.

    I still believe that 'successful commercialisation' in PEB terms does not mean making a profit ....aim to get it used and a source of funds for the next project. They are scientists after all.

    The payday for punters, if there is one, will be when the science is bought by somebody else.

  3. #10363
    Senior Member
    Join Date
    Apr 2013
    Location
    Pourquoi?
    Posts
    873

    Default

    Quote Originally Posted by winner69 View Post
    Yes Balance me old mate

    Like it or not PEB head honchos have anchored all thinking about the future around 'several tens of thousands of tests during 2014' and achieving $100m of revenues in 5 years (start/end date keeps moving)

    So progress ( and commentary) will always come back back to those anchors.

    I still believe that 'successful commercialisation' in PEB terms does not mean making a profit ....aim to get it used and a source of funds for the next project. They are scientists after all.

    The payday for punters, if there is one, will be when the science is bought by somebody else.
    So you don't believe they can scale this and are waiting for a saviour to bail them out?

  4. #10364
    I like peanuts... youngatheart's Avatar
    Join Date
    Jan 2011
    Location
    Oh, everywhere
    Posts
    418

    Default

    Quote Originally Posted by Hancocks View Post
    Hmm, that photo of David taken yesterday and a quick assessment of his body language, facial expression and posture does NOT bode well for tomorrows news. Hopefully I'm wrong but my gut instinct says otherwise...

  5. #10365
    Senior Member
    Join Date
    May 2012
    Posts
    941

    Default

    Quote Originally Posted by Balance View Post
    http://www.nzherald.co.nz/business/n...ectid=11178639

    "Swann is confident the company will be processing "several tens of thousands of tests" during 2014"
    Exactly!!!

    I would probably have sold my lot by now if CS, DD & co were anything other than "confident" in their product.

    The definition of "Confident" does not equal "Guarantee".

  6. #10366
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,562

    Default

    Quote Originally Posted by psychic View Post
    Yup, and I was told he never made that statement.

    But it is a moot point. MAde or not made, the statement relates to number of tests, not tests sold.

    But we've done this to death already right?
    Been around too long to fall for that BS from a company - it is significant and material enough to seek a retraction or issue a statement from the company.

    Especially when it led to a price spike and the Chairman sold into that spiked price.

    Question of trust, integrity and transparency.

    And I AM writing as a shareholder.

  7. #10367
    Senior Member
    Join Date
    Mar 2010
    Posts
    964

    Default

    Let it go Balance.

    We have no idea how many tests they may have put through under the User programmes etc

  8. #10368
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,562

    Default

    Quote Originally Posted by winner69 View Post
    Yes Balance me old mate

    Like it or not PEB head honchos have anchored all thinking about the future around 'several tens of thousands of tests during 2014' and achieving $100m of revenues in 5 years (start/end date keeps moving)

    So progress ( and commentary) will always come back back to those anchors.

    I still believe that 'successful commercialisation' in PEB terms does not mean making a profit ....aim to get it used and a source of funds for the next project. They are scientists after all.

    The payday for punters, if there is one, will be when the science is bought by somebody else.
    Let's hope you are right there and the directors also have that in mind.

    I bought into 42Below on the same basis when they cracked 100,000 cases - the directors were very clear that when at that success level, someone would buy them.

    A takeover happened within months.

  9. #10369
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,562

    Default

    Quote Originally Posted by psychic View Post
    Let it go Balance.

    We have no idea how many tests they may have put through under the User programmes etc
    The Chairman needs to explain.

    This will not go away.

  10. #10370
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,841

    Default

    Quote Originally Posted by youngatheart View Post
    Hmm, that photo of David taken yesterday and a quick assessment of his body language, facial expression and posture does NOT bode well for tomorrows news. Hopefully I'm wrong but my gut instinct says otherwise...
    Still reckon he should tuck his shirt in ......playboy pose not good for a leader of such an esteemed NZX listed company

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •