PEB - Pacific Edge Ltd

[Balance]

2014 for that as stated in last announcement. plenty of buying opps in between that time ;)

Remember they are 4 to 6 months ahead of schedule?

For what it is worth, I honestly believe one of the big boys will bid $3.00 for PEB soon enough - too good an opportunity for them to miss.

[Dentie]

For what it is worth, I honestly believe one of the big boys will bid $3.00 for PEB soon enough - too good an opportunity for them to miss.

If one of the big boys is willing to BID $3.00 for PEB before things have even started to get cracking ... then, in my opinion, the ASK should be adjusted to say, $6.00 (minimum).

Judging by the way DD & the Board continue to demonstrate that they have shareholders' best interests at heart, I would like to think they would provide the appropriate recommendation to those holder's who have no idea of the calibre of the shares they are currently holding - in the event of any T/O bid.

[winner69]

I've noticed a lot of takeover talk starts going around once a share starts going on an upward trajectory. there was DIL, then BLT and PEB, and XRO has always been a favourite (many times!). I notice that since DIL has plummeted out of the sky it is no longer ripe for a takeover, even with even more money in the bank than before.

Large corporates don't want to buy companies when they are at the peak of their shareprice, they want a bargain, just like anyone else. with a. companies shareprice down and out and investors depressed, a takeover price is much more readily accepted at a lower price. just look at Fisher and Paykel and Acurity.

imho, and please don't slag me off for this, is that PEB will not be taken over and that projections of a takeover at $3, $6, $10, $757.89 a share are putting a lot of hope into something that will most likely not happen (within the near-term I will add!). DD and co have put a massive amount of effort in to this company and I do not see them selling out; they want to ride the wave and see where it takes them. as mentioned earlier, they entertained a takeover awhile ago when they seemed to be losing traction, so why woukd they sell out now? these guys are no Sorehead or New Image.

I'm not saying PEB will never be worth those prices, but to me its just not grounded in reality right now. I think we may see some interesting things happen when that sales report comes out soon.

and as to the medicaid thing, yes they may be months ahead, but they JUST realised that announcement giving a 2014 date, they haven't blown through their targets already.

I await the dying down of the hype and some numbers to crunch.

ciao ;)

Moosie - if PEB really is worth heaps (say $5 or $6) sometimes isn't $2 or $3 a bargain today

Nobody has really answered my question about DD past record at delivering full value to shareholders when commercialising technology .... I take heart from Balance that the Board recognise some deficiencies (think that was the word he used) and the Board has put in place things to overcome those.

Still believe that selling out will deliver best results for shareholders ..... and that is what I sense is going to be the outcome ... hey I am entitled to my opinion as well

[Balance]

I've noticed a lot of takeover talk starts going around once a share starts going on an upward trajectory. there was DIL, then BLT and PEB, and XRO has always been a favourite (many times!). I notice that since DIL has plummeted out of the sky it is no longer ripe for a takeover, even with even more money in the bank than before.

Large corporates don't want to buy companies when they are at the peak of their shareprice, they want a bargain, just like anyone else. with a. companies shareprice down and out and investors depressed, a takeover price is much more readily accepted at a lower price. just look at Fisher and Paykel and Acurity.

imho, and please don't slag me off for this, is that PEB will not be taken over and that projections of a takeover at $3, $6, $10, $757.89 a share are putting a lot of hope into something that will most likely not happen (within the near-term I will add!). DD and co have put a massive amount of effort in to this company and I do not see them selling out; they want to ride the wave and see where it takes them. as mentioned earlier, they entertained a takeover awhile ago when they seemed to be losing traction, so why woukd they sell out now? these guys are no Sorehead or New Image.

I'm not saying PEB will never be worth those prices, but to me its just not grounded in reality right now. I think we may see some interesting things happen when that sales report comes out soon.

and as to the medicaid thing, yes they may be months ahead, but they JUST realised that announcement giving a 2014 date, they haven't blown through their targets already.

I await the dying down of the hype and some numbers to crunch.

ciao ;)

DIL - you have controlling shareholders in there who have to agree to a takeover before a takeover can take place. At this kind of price, ain't no way they are going to sell so waste of time any company looking to take them over.

PEB - shareholding base has widened and there are no controlling shareholders. A takeover can happen because we know the likes of Masfen etc have been selling down.

It is painting a scenario.

If you want to see hype, try Snakk!

[MAC]

Perhaps we're all a bit unaccustomed to takeovers here but it's not as uncommon abroad, or perhaps PEB is rapidly becoming a US biotech anyway;

http://finance.yahoo.com/news/total-676-biotech-pharma-takeovers-132000391.html

I would have thought that the big pharma’s would want to see sales achieved in sufficient levels to make a blip in their own income statements, but at the last AGM DD did make a comment to the effect that they had managed to fend off or duck an approach.

Personally I would be gutted if they were jumped at this stage I’d much rather be a happy holder and see a raft of products mature and come to the market over the next few years, but it does seem it could happen anytime.

[Casino]

Personally I would be gutted if they were jumped at this stage I’d much rather be a happy holder and see a raft of products mature and come to the market over the next few years, but it does seem it could happen anytime.

Leaving the shoeshine boy out of the equation, a takeover offer at the end of next year could be a much better deal than sitting on a good technology and not realising its global value.

Disc- holding, trying for 200% of cap raising entitlement

[Xerof]

I know, its great, it makes people pay more for a share than they should! hype has made me quite a bit of moolah this year, I love it!

thanks for not frying me guys :)

denial of downtrends apparently cost you 45% too, according to your comment on DIL

sunny side up?

;)

[MAC]

Leaving the shoeshine boy out of the equation, a takeover offer at the end of next year could be a much better deal than sitting on a good technology and not realising its global value.

Disc- holding, trying for 200% of cap raising entitlement

I guess that’s a trader’s view and a fair one. I just see a long queue of yet to be realised and fundamentally valued revenue streams without an end in sight. Not to mention the access PEB has to additional forward Otago University IP rights. PEB could be a major player in the future, either owned by us or someone else.

5084

[Casino]

I guess that’s a trader’s view and a fair one. I just see a long queue of yet to be realised and fundamentally valued revenue streams without an end in sight. Not to mention the access PEB has to additional forward Otago University IP rights. PEB could be a major player in the future, either owned by us or someone else.

5084

I'm not a trader at all and happy to leave that to others. My point is that Cxbladder looks like a good product but it's difficult for a small company to achieve deep market penetration globally in a short timeframe. Although more products will come online, the first mover advantage can diminish at a faster rate. My blue skies scenario is CMS coverage, signs of fast US uptake, two more market-ready products and more compelling clinical results by mid-2014. That could be a perfect time to put the for sale sign out.

[Casino]

My preference is that Pacific Edge stay as a New Zealand success story and grows a hell of a lot larger and more successful via the product pipeline.

It comes down to how quickly they can create significant free cash flow. With limited resources you have to compromise on something somewhere.

[croesus]

haha yes, enial cost me quite a bit! luckily some posters made me see the light and I have rebounded spectacularily. I owe more than a few people on here some drinks!

sunny side up :)

Well Moosie, you still owe me that Red Wine, from months ago, when we had that wager on Snakk, you were adamant it would not drop below a certain price,

I will be in Napier on Tuesday.. may I call into your work and collect it.

Regards Croesus

[Balance]

My preference is that Pacific Edge stay as a New Zealand success story and grows a hell of a lot larger and more successful via the product pipeline.

I am with you 100%, Hancocks.

If we look across the ditch, CSL and Cohlear show what can be achieved so we must try to give PEB the same opportunity.

A takeover scenario does not mean automatic success and I for one will hold out.

Sadly, I cannot look back at NZ's history and feel confident New Zealand shareholders, especially the institutional shareholders, have the fortitude and foresight to hold out.

Think of all the NZ companies which are in foreign hands - Fletcher Energy, St Lukes, Powerco etc etc.

Lucky for us, Auckland Airport is still around!

[baller18]

I am with you 100%, Hancocks.

If we look across the ditch, CSL and Cohlear show what can be achieved so we must try to give PEB the same opportunity.

A takeover scenario does not mean automatic success and I for one will hold out.

Sadly, I cannot look back at NZ's history and feel confident New Zealand shareholders, especially the institutional shareholders, have the fortitude and foresight to hold out.

Think of all the NZ companies which are in foreign hands - Fletcher Energy, St Lukes, Powerco etc etc.

Lucky for us, Auckland Airport is still around!

Hey balance,

For CSL and COH, how would you compare their market penetration compared to PEB's?


Cheers

[blobbles]

I am with you 100%, Hancocks.

If we look across the ditch, CSL and Cohlear show what can be achieved so we must try to give PEB the same opportunity.

A takeover scenario does not mean automatic success and I for one will hold out.

Sadly, I cannot look back at NZ's history and feel confident New Zealand shareholders, especially the institutional shareholders, have the fortitude and foresight to hold out.

Think of all the NZ companies which are in foreign hands - Fletcher Energy, St Lukes, Powerco etc etc.

Lucky for us, Auckland Airport is still around!

They can take my PEB shares from my cold, dead hands.

:)

Of course that is with the current potential story, if the story changes and the numbers don't stack up to what I am hoping for, then they will hopefully take them off my hands which are openly pushing them towards them!

[warthog]

Think of all the NZ companies which are in foreign hands - Fletcher Energy, St Lukes, Powerco etc etc.

Lucky for us, Auckland Airport is still around!

Interesting comment, especially in a context of pro-privitisation of government-held assets comments on this forum.

You're sounding like Winston, Balance!

[Defater]

Good on you Hancocks, I'm with you 100%. I'm waiting for this Great Company to for fill it's FULL POTENTIAL, all the Doom and Gloomers should sell their shares now and buy something they believe in, maybe Virgin Galactic.

[Minerbarejet]

Good on you Hancocks, I'm with you 100%. I'm waiting for this Great Company to for fill it's FULL POTENTIAL, all the Doom and Gloomers should sell their shares now and buy something they believe in, maybe Virgin Galactic.
Welcome to the world of Sharetraders, Defater, you obviously have a foot in the door. Guess its all part of the discussion that some will take an opposing view, some will take a proactive role and some will sit on the fence.
Doubt you will get many takers on your recommendation though because if you really look at this thread there are posters who use a sort of reverse psychology- they say take care, watch out, headwinds, etc, meanwhile owning the shares. Doesn't matter- every thread has its opposing views- just as well really.:)

[Balance]

Interesting comment, especially in a context of pro-privitisation of government-held assets comments on this forum.

You're sounding like Winston, Balance!

Ah, you know Winston was the Treasurer who privatized AIA?

Anything for votes, ole Winnie.

[Dentie]

Ah, you know Winston was the Treasurer who privatized AIA?

Anything for votes, ole Winnie.

Yeah - agree with you Balance.

Winnie also created the gold card and I often wonder how much that is costing the shareholders (sorry, taxpayers) of Kiwiland....in particular, those over 65's who are either still in the work force as well as collecting the pension or indeed those who are retired but have plenty of assets/cash and don't need to have free travel, subsidised this and that etc.

Wouldn't ordinarily divert this thread for a grizzle, but Sunday is a low traffic day. Will be back into it again tomorrow....good luck to you all!

[warthog]

Ah, you know Winston was the Treasurer who privatized AIA?

Anything for votes, ole Winnie.

If you understand this, you're not in his target market!

[Mista_Trix]

haha yes, enial cost me quite a bit! luckily some posters made me see the light and I have rebounded spectacularily. I owe more than a few people on here some drinks!

sunny side up :)

Mate I owe you the same, I saw warning signs in CNU and after seeing you're pain through the DIL episode (I myself stupidly still holding) I took a calculated leap of faith and jumped out, best move ever, now having watched the price collapse on itself.

I'm a big believer in making others mistakes your own and learning from them - so cheers for being overly vocal at every twist and turn of your pain, you helped others learn from it. You're a bit of a breath of fresh air and balance out other posters on here very well.

[Schrodinger]

I'm not a trader at all and happy to leave that to others. My point is that Cxbladder looks like a good product but it's difficult for a small company to achieve deep market penetration globally in a short timeframe. Although more products will come online, the first mover advantage can diminish at a faster rate. My blue skies scenario is CMS coverage, signs of fast US uptake, two more market-ready products and more compelling clinical results by mid-2014. That could be a perfect time to put the for sale sign out.

Apparently this company will achieve significant market penetration and hit $100M in only 4 years from now.

This share should be priced at $5 due to that fact.

[Casino]

Apparently this company will achieve significant market penetration and hit $100M in only 4 years from now.

This share should be priced at $5 due to that fact.

100M is based on 200 000 test, which is less than 10% of the total market. It's a conservative/realistic goal for a smallish company. At that stage, it would deserve 2-4x multiple of it's revenue, which is where we are today. As you can see, a lot of optimism, which I share in part, is already priced in.

[gv1]

Yes great co.

[Harvey Specter]

This share should be priced at $5 due to that fact.Is that a guess or have you actually done a valuation?

[Balance]

Is that a guess or have you actually done a valuation?

He was been harping on the same tune since the sp was 50c back in August - PEB is unlikely to succeed in the States, that is.

I have yet to see any meaningful research done by him but think he makes a very valuable contribution of keeping punters' feet on the ground.

[Schrodinger]

100M is based on 200 000 test, which is less than 10% of the total market. It's a conservative/realistic goal for a smallish company. At that stage, it would deserve 2-4x multiple of it's revenue, which is where we are today. As you can see, a lot of optimism, which I share in part, is already priced in.

I disagree this is a conservative goal. There are huge risk factors that make this unknown at this stage. A lot of the posters here need to divide their forecasts by at least 10 until these factors are solved.

[Balance]

I disagree this is a conservative goal. There are huge risk factors that make this unknown at this stage. A lot of the posters here need to divide their forecasts by at least 10 until these factors are solved.

Not if you really understand that CxBladder (and products in the pipeline) is a game changer in the diagnosis industry.

So far, Schrodinger 0, other posters 10

[Harvey Specter]

I disagree this is a conservative goal. There are huge risk factors that make this unknown at this stage. A lot of the posters here need to divide their forecasts by at least 10 until these factors are solved.Agree there is still execution risk, though the company does appear to be progressing to plan..

Do you see the result as binary (they will either succeed or they wont) or do you see they could land somewhere in the middle, making some sales but not getting significant market share. They seem to have done enough (getting those two contracts) to suggest they will get some sales and the quality of their product (from teh user studies) seems to suggest that if they do make some sales, then they should get momentum to earn significant market share.

[Schrodinger]

He was been harping on the same tune since the sp was 50c back in August - PEB is unlikely to succeed in the States, that is.

I have yet to see any meaningful research done by him but think he makes a very valuable contribution of keeping punters' feet on the ground.

I've done my research. I don't need to jump into paragraphs of technology when the real scale factor is the US market and the economics that drive it (I posted my pointers a few pages back). I find it rather amusing you think it is so easy to just turn up in the US and it will just sell itself. PT was correct to show caution and he at least is rational with his analysis.

Now with that in mind can we have NZ examples of a company conquering the US market? I can't name one. FPH has some good US market figures however that has taken them more Than 20 years. Are holders confident that PEB will be the first NZ biotech company to race to $100M in their first 4 years in the market?

Some posters have pointed out the scale factor of PEB but I am unsure of the competitors and their market size. I really don't have time to dig these out but I recommend all holders and future investors to read about these companies and what their current situation is.

Again I have no interest in holding or even going to the research part because it is a very risky industry.

[Schrodinger]

Not if you really understand that CxBladder (and products in the pipeline) is a game changer in the diagnosis industry.

So far, Schrodinger 0, other posters 10

All I hear is talk, promises, forecasts, tea leaves, horoscopes etc from you Balance. Real investors look for sales, key metrics and deals, PROFITS.

[Balance]

All I hear is talk, promises, forecasts, tea leaves, horoscopes etc from you Balance. Real investors look for sales, key metrics and deals, PROFITS.

Really?

Schrodinger now minus 1, other posters +11

[MAC]

I disagree this is a conservative goal. There are huge risk factors that make this unknown at this stage. A lot of the posters here need to divide their forecasts by at least 10 until these factors are solved.

I would offer that the PEB goal, as per the paper I posted last week, suggests that a target of $100M is typical amongst biotech companies in aiming to achieve optimal laboratory efficiencies within the diagnostic market, it also seems to be the threshold by which analysts would deem a company to be a takeover target.

Some posters on this thread, if you go back six months or so, believe that PEB’s market penetration is binary, either they will gain a very high market share, some suggest ultimately 80%, or they will not gain traction at all. Whilst I don’t prescribe to the binary view I also don’t think the goal is entirely based on achieving a prescribed market share alone.

It would seem to me that a company like PEB must have several factors to consider. Amongst which must be a goal large enough to attract the interest of the insurers, and also, for the internal alignment of management in striving to meet commercial objectives.

The now operational US laboratory is rated in capacity for 4000 tests per week. At the present price point of $550 per test, this represents US$115M in revenues pa. PEB have thus chosen a goal which will see this lab fully utilised within five years before needing to invest in further expansion.

[Schrodinger]

Agree there is still execution risk, though the company does appear to be progressing to plan..

Do you see the result as binary (they will either succeed or they wont) or do you see they could land somewhere in the middle, making some sales but not getting significant market share. They seem to have done enough (getting those two contracts) to suggest they will get some sales and the quality of their product (from teh user studies) seems to suggest that if they do make some sales, then they should get momentum to earn significant market share.

Good point Harvey. Not sure at this stage. There is plenty of NZ company wreckage in the US. I generally don't get involved early in a company until I see the revenue streams.

This is even more critical when it is an international market.

[baller18]

chill out peeps, I think it's good to take in the good points and the bad points. Afterall, nothing is perfect and 100% sure..
Take it all in with an open mind :D

[Xerof]

Now with that in mind can we have NZ examples of a company conquering the US market?

Rank Group, Diligent

[Schrodinger]

Rank is an interesting one. Hart did it privately so I don't know the numbers but yes he has a large US business.

In the healthcare side maybe Orion, and F&P but they didn't pull $100M in 4 years..

[Casino]

I disagree this is a conservative goal. There are huge risk factors that make this unknown at this stage. A lot of the posters here need to divide their forecasts by at least 10 until these factors are solved.

The management has several times reiterated that 200 000 tests can be achieved within 5 years. So far, I have a favourable view of this management based on comparing their statements to my due diligence. I'll revise the second I smell a rat. Is it a cheap stock? Definitely not.

[Schrodinger]

The management has several times reiterated that 200 000 tests can be achieved within 5 years. So far, I have a favourable view of this management based on comparing their statements to my due diligence. I'll revise the second I smell a rat. Is it a cheap stock? Definitely not.

Anyone know when the next set of numbers are due and what the figure is expected to be in the revenue column? To get to $100M it should be between $10-$20M?

[bonne vie]

Sorry to ask this I know it is on the thread somewhere but when is the next financial announcement? Need to diary it - cheers

[Casino]

some suggest ultimately 80%,

clearly not possible with current capacity. What are the cashflow requirements to develop enough capacity, develop and roll out everything that is in the pipeline, promote sales and look at different markets? Can all this be done with what will be in the bank over the next 5 years? One way or another, you will be selling this company to others.

[Casino]

Anyone know when the next set of numbers are due and what the figure is expected to be in the revenue column? To get to $100M it should be between $10-$20M?

Sales will be low initially. Just look at how they developed for CertNdx.

[chad321]

I posted my entitlement letter last Tuesday in Auckland via standard post. Any way that I can find out if I was too late? Or will I simply need to wait and worry until I receive some kind of confirmation?

[Balance]

I posted my entitlement letter last Tuesday in Auckland via standard post. Any way that I can find out if I was too late? Or will I simply need to wait and worry until I receive some kind of confirmation?

Should be okay.

Have they banked your check?

You scan and send via email to Link just to be doubly sure.

You can always give them a call if you want peace of mind.

[Bobcat.]

I posted my entitlement letter last Tuesday in Auckland via standard post. Any way that I can find out if I was too late? Or will I simply need to wait and worry until I receive some kind of confirmation?

Phone Link Market Services or email them with your query and CSN.

WWW.LINKMARKETSERVICES.CO.NZ

[geo]

I disagree this is a conservative goal. There are huge risk factors that make this unknown at this stage. A lot of the posters here need to divide their forecasts by at least 10 until these factors are solved.

Schrodinger do you really think that DD being how conservative with announcements he is, would have put himself on the line by saying 100m was doable??

[AndyLP]

In the healthcare side maybe Orion, and F&P but they didn't pull $100M in 4 years..

Did they claim they would?

[chad321]

Phone Link Market Services or email them with your query and CSN.

WWW.LINKMARKETSERVICES.CO.NZ (http://WWW.LINKMARKETSERVICES.CO.NZ)

I did just that and all is well :)

[goldfish]

So do people think the chances of signing another health insurer this year are pretty much zero after they said 2014.

[baller18]

So do people think the chances of signing another health insurer this year are pretty much zero after they said 2014.
Chances could be 10%, could be 50% who knows, only PEB would know when another insurer takes them on..

[goldfish]

Hi Goldfish, Is the above article your reason for the reference to 2014? cheers
To be honest i cant remember where i read that they said they where looking to sign up in 2014, it may have been in the info they sent out with the capital raising.
Edit; yes it is in the capital presentation, "pacific edge anticipates continuing and concluding negotiations in earnest with medicare and medicaid in 2014. Peb has already conducted preliminary discussions with these entities." Pg13

[Balance]

Sell now if that is what you're expected as it will be only but a small fraction of this figure. Good things take time. Your figures are ridiculous!!!

Shows the total lack of understanding of this poster.

So far, Schrodinger (doomsday merchat at 50c) score minus 2, other posters +12

[Minerbarejet]

Looking at the long term over the next five years does it really matter that much whether they announce they have signed up Healthcare Provider A in 2013 or 2014 or Healthcare Provider B last week or 2018. Its going to be a long road for investors and a rough one for traders. There will be much money made and much left on the table by all and sundry. I would suggest humbly that those with doubts would do well to visit the Pacific Edge
website and go to investors where you will find the 2013 Annual Report which contains the CEO's Report
This is required reading for all those contemplating investing in PEB so
Hop to it and get up with the play
Ten hut
Have a bloody nice day
Kindest regards to all
Noah Fence
Major/Minor

[psychic]

Chances could be 10%, could be 50% who knows, only PEB would know when another insurer takes them on..

Hey, just to be clear here, neither FedMed or ACPN are Insurers.. right? My take is that both simply facilitate settlements for Suppliers such as PEB and offer discounts/ admin advantages for Payers (such as Insurers etc). These new agreements will not necessarily equal sales, but they do grease the tracks.

[baller18]

Hey, just to be clear here, neither FedMed or ACPN are Insurers.. right? My take is that both simply facilitate settlements for Suppliers such as PEB and offer discounts/ admin advantages for Payers (such as Insurers etc). These new agreements will not necessarily equal sales, but they do grease the tracks.
ACPN offers a medical
network solution for more than 14 million Americans through its client base
consisting of insurance carriers, third party administrators, health and
welfare funds, employer groups and self-insured health plans.

The agreement provides FedMed's contracted insurance carriers, third party
administrators, health and welfare funds, and self-insured health plans with
access to Cxbladder

[psychic]

Correct
But they don't make the decision to buy the test
They simply pay the Bill if authorised to do so by Payer (Insurer etc)

[goldfish]

Looking at the long term over the next five years does it really matter that much whether they announce they have signed up Healthcare Provider A in 2013 or 2014 or Healthcare Provider B last week or 2018. Its going to be a long road for investors and a rough one for traders. There will be much money made and much left on the table by all and sundry.
Major/Minor

Long term it doesnt matter as much, i was just trying to calculate the sp by xmas if they do.
I agree its going to be a great ride, whichever way it goes.

[Minerbarejet]

Long term it doesnt matter as much, i was just trying to calculate the sp by xmas if they do.
I agree its going to be a great ride, whichever way it goes.
I know, its a lot of fun figuring how much it will be by such and such( hopefully you wont be basing your Christmas Shopping on it)sort of like winning lotto if you got in early enough(with enough)but with the proviso that you could lose a bit as well if you dont set your goals. Derisking is probably the best choice either from the share doing things that derisk or offloading small parcels here and there on spikes to get your original money back.
Cheers

[Harvey Specter]

Long term it doesnt matter as much, i was just trying to calculate the sp by xmas if they do.
I agree its going to be a great ride, whichever way it goes.why. Did you pick them in the share comp?

I'm hoping DIL restates before the comp ends as that is holding me back.

[Casino]

Long term it doesnt matter as much, i was just trying to calculate the sp by xmas if they do.
I agree its going to be a great ride, whichever way it goes.

Don't go shopping with paper profits. Also hope for more good clinical results and the rest will follow.

[QOH]

Can someone help me out here, wondering if I've been given wrong advice by broker, bought PEB rights at beginning of rights trading, paid in full for new shares, account showing delivery pending, rang broker today to confirm if I can sell, was told no, wondering why someone could sell me the rights before they had them but I can't sell the shares delivery pending?

[clip]

The rights trading period is closed, nobody is allowed to buy or sell them any longer

[gloworm]

Can someone help me out here, wondering if I've been given wrong advice by broker, bought PEB rights at beginning of rights trading, paid in full for new shares, account showing delivery pending, rang broker today to confirm if I can sell, was told no, wondering why someone could sell me the rights before they had them but I can't sell the shares delivery pending?


Rights trading has closed and the Rights don't convert to shares till the 4th Dec. On this date you will be able to sell them if required.

[Bobcat.]

Do not be surprised if for a couple of days from 4 Dec there is downward pressure on the share price once holders can sell their holdings which include what they bought at 55c via the rights issue...you know, for a quick buck.

Meanwhile, yesterday's resistance at 138 is proving stubborn again today. Seller(s) came in at 143 last week to sell down to 125. It's possible they have lowered their price now to 138. We should know by end of today. A break through both 138 and then 143 would be very bullish; whereas confirmed resistance at 138 would be bearish (for now).

Either way, I will not be buying anymore before at least 5 Dec.


BC

[stoploss]

Do not be surprised if for a couple of days from 4 Dec there is downward pressure on the share price once holders can sell their holdings which include what they bought at 55c via the rights issue...you know, for a quick buck.

Meanwhile, yesterday's resistance at 138 is proving stubborn again today. Seller(s) came in at 143 last week to sell down to 125. It's possible they have lowered their price now to 138. We should know by end of today. A break through both 138 and then 143 would be very bullish; whereas confirmed resistance at 138 would be bearish (for now).

Either way, I will not be buying anymore before at least 5 Dec.


BC

If a holder really wanted to sell why wouldn't they just sell some of the ones they had pre the rights issue ?

[Bobcat.]

Psychological? Why pay two lots of brokerage?

[stoploss]

Psychological? Why pay two lots of brokerage?

Like I said if they really wanted to sell, brokerage would not be an issue .......

[Bobcat.]

Like I said if they really wanted to sell, brokerage would not be an issue .......

You could be right Stoploss - let's see what the price does over the next week. The past 2 months has already produced a head and shoulders pattern. If the shoulder at 143 is busted then all good. If however 138 is confirmed as a second shoulder then I for one won't be buying more until that is later breached.

Cheers,
BC

[whatsup]

Has any one had their rights money cheques presented at their bank.

[Joshuatree]

Mine was withdrawn really fast , in fact it caught me out and i had to transfer funds pronto.

[whatsup]

Mine was withdrawn really fast , in fact it caught me out and i had to transfer funds pronto.

How long did it take from the time that you posted the cheque until they were presented ?

[croesus]

Posted mine last Thursday presented yesterday.

[In4a$]

How long did it take from the time that you posted the cheque until they were presented ?
Posted last Thursday, Presented yesterday

[QOH]

This must be the longest time for ages without a post on PEB, bumped us from page 2.
Everyone must be happy.

[MAC]

This must be the longest time for ages without a post on PEB, bumped us from page 2.
Everyone must be happy.

All quietly awaiting yet a further update and HY, probably Friday.

[Minerbarejet]

All quietly awaiting yet a further update and HY, probably Friday.To be followed by further updates and a FY in late May which will better establish the trend. The last week has seemed like six months. Havent got so much work done around the place in ages.:)

[whatsup]

How long did it take from the time that you posted the cheque until they were presented ?

Mine was presented yesterday.now to wait for scaling to see how many extra shares one gets.

[Minerbarejet]

Mine was presented yesterday.now to wait for scaling to see how many extra shares one gets.
My guess is about 5% of what you asked for( with a margin of error of +- 5):)

[whatsup]

my guess is about 5% of what you asked for( with a margin of error of +- 5):)

boho boohoo !!

[Bobcat.]

We could look at it this way:

If the rights to purchase at 55c are all or almost all taken up, that bodes well for the stock and the sp is likely to rise.

If the rights are not all taken up, we get the extra stock we asked for and paid for (at 55cps) and we are in the money.

It's a win/win.

[whatsup]

Another ann out , 3 rd USA agreement, looking up .

[Toasty]

The sheer numbers in the US market are always mind boggling. 850,000 providers serving 8.6 million people. And this is just one organisation and a small percentage of the population.

[clip]

Awesome! https://nzx.com/companies/PEB/announcements/244427

Pacific Edge has signed an agreement with Stratose, a large national provider network in the USA, to enable the provision of Cxbladder to patients through its large network of payers and providers. Stratose, one of the largest directly managed participating provider networks in the United States contracts with more than 850,000 direct and affiliate healthcare providers and offers a medical network solution for more than 8.6 million Americans through its client base consisting of insurance carriers, third party administrators, health and welfare funds, employer groups and self-insured health plans.

[baller18]

Trading halt?

[Bobcat.]

Trading halt?

A trading halt normally comes before a material announcement, not after. Go figure.

Another announcement on its way?

If anybody has an offer sitting south of 150c, get it out of there.

[baller18]

A trading halt normally comes before a material announcement, not after. Go figure.

Another announcement on its way?


Thanks for clearing that up! So another annoucement on its way?! whoa!

[Captain Dan]

Guess I need to make a trip to the local bottle store ;)

[NZSilver]

DB frozen on depth. Look like it will go up to 1.50

[Harvey Specter]

boho boohoo !! Nope


Another ann out , 3 rd USA agreement, looking up .BOOM


Trading halt?Always a trading halt of no more than 15m after a price sensitive announcement. https://www.nzx.com/files/assets/sxdx_trading_halts.pdf

[Balance]

Awesome! https://nzx.com/companies/PEB/announcements/244427

Pacific Edge has signed an agreement with Stratose, a large national provider network in the USA, to enable the provision of Cxbladder to patients through its large network of payers and providers. Stratose, one of the largest directly managed participating provider networks in the United States contracts with more than 850,000 direct and affiliate healthcare providers and offers a medical network solution for more than 8.6 million Americans through its client base consisting of insurance carriers, third party administrators, health and welfare funds, employer groups and self-insured health plans.

Important that PEB is now in full discussions with Medicare and Medicaid.

A successful outcome there will see the sp at $2.00 at least, I would have thought?

“In addition, we are working with large commercial payers and the Centre for Medicare and Medicaid Services (CMS), which provides healthcare insurance to approximately 150 million people. Other large urology customers being targeted include the large Integrated Healthcare Systems, the Veterans Administration (VA), and Large Urology Group Practices (LUGS), who are the point of contact for many patients presenting with haematuria (blood in the urine) which is an early indicator of possible bladder cancer.”

[Bobcat.]

Nice boost in price but don't forget that big boys may take this opportunity to sell down before the HY report. Meanwhile, surf's up.

[whatsup]

A trading halt normally comes before a material announcement, not after. Go figure.

Another announcement on its way?

If anybody has an offer sitting south of 150c, get it out of there.

Sorry Bob.. I think a company ann mix up, could be wrong been wrong b4!

[silu]

Missed out. Put in a bid at $1.35 the moment the announcement came through (unbeknown to me) and went away. Boo! :(

[Harvey Specter]

A trading halt normally comes before a material announcement, not after. Go figure.NZX always after a price sensitive announcement. The company can also put it in before if they think it will leak but they need more time before they disclose (eg. would be when you are doing a capital raising so need to start talking to all the banks but until those discussions are concluded, you obviously have nothing to disclose).

[Toasty]

Important that PEB is now in full discussions with Medicare and Medicaid.

A successful outcome there will see the sp at $2.00 at least, I would have thought?

“In addition, we are working with large commercial payers and the Centre for Medicare and Medicaid Services (CMS), which provides healthcare insurance to approximately 150 million people. Other large urology customers being targeted include the large Integrated Healthcare Systems, the Veterans Administration (VA), and Large Urology Group Practices (LUGS), who are the point of contact for many patients presenting with haematuria (blood in the urine) which is an early indicator of possible bladder cancer.”

Surely this announcement has to be a positive sign for the talks with Medicare and Medicaid? What is the likelihood that they will decline after a large percentage of their peer networks have said yes?

[baller18]

MAC has a crystal ball lol, predicted friday for an announcement

[Bobcat.]

Good to see this thread alive again. I'm holding but with itchy fingures as the sp climbs to historic high of 175c (165c adjusted). Is there a seller waiting there?

My guess is this announcement today is producing too much momentum not to bust through. A nice sweetner to counter any dissapointment in the sales figures in the HY report soon to be published.

$2 tomorrow?

[apac]

Good to see this thread alive again. I'm holding but with itchy fingures as the sp climbs to historic high of 175c (165c adjusted). Is there a seller waiting there?

My guess is this announcement today is producing too much momentum not to bust through. A nice sweetner to counter any dissapointment in the sales figures in the HY report soon to be published.

$2 tomorrow?

Cant wait for the rest of the world to wake up and drive the price up

[Wolf]

Woooo hooo!!

[gv1]

Easy guys..this is just the warm up.

[fiasco]

I doubt it'll get to $2 off this announcement, that price is slowly retreating back or not haha.

Great news though, excellent work by David and co.

[silu]

Bought first small stake at $1.53. Let's hope I will enjoy the ride. First ever investment in Biotechnology and I know nothing about the industry at all.

[gouba]

This made for great news today :D

[Wolf]

Bought first small stake at $1.53. Let's hope I will enjoy the ride. First ever investment in Biotechnology and I know nothing about the industry at all.

What could go wrong haha

[Minerbarejet]

Bought first small stake at $1.53. Let's hope I will enjoy the ride. First ever investment in Biotechnology and I know nothing about the industry at all.you have a lot of reading to do ,mate!

[Toasty]

Bought first small stake at $1.53. Let's hope I will enjoy the ride. First ever investment in Biotechnology and I know nothing about the industry at all.

Go an grab one of the testing kits and try it out. Nothing like hands on experience as it were...

[silu]

you have a lot of reading to do ,mate!

Ha! My initial stake is money I can afford to loose. All I know is that they do something relating to bladder cancer. Ah well - if I want to top up I just have to put that book to the side and start reading through 339 pages here ;)

[Harvey Specter]

Go an grab one of the testing kits and try it out. Nothing like hands on experience as it were...Can you also test out the main competitor and give us feedback on the experience of both. Its not something I am willing to go through just for the sake of research.

[apac]

you have a lot of reading to do ,mate!

And a lot of money to be made.

i can imagine when it hits $2 everyone will be congratulating each other again

[baller18]

An interesting fact, PEB has the most views on ST lol!

[Harvey Specter]

An interesting fact, PEB has the most views on ST lol!
There are currently 129 users browsing this thread (52 Members, 77 guests, the IRD and the NSA)

[gv1]

At what price?

[baller18]

hmmmmm hardly the sort of announcement that I would of thought would increase the share price 15%.
Imagine what the sp will do when they do a deal with the big boys.
Yup, imagine when medicare gets signed. That's 150million ppl in the states...
It this increases the SP by 17%

[robbo24]

I'm back in for another wave ride. looking for a test of all time high :)

Moosie, the adventurer.

Moosie, warrior without fear.

[baller18]

that's classified :)
WOuld've been after the announcement, so would've been in the ranges of $1.52 - $1.6 huh moosie? :P

[gv1]

that's classified :)
Thanks mate.

[Nigel]

Yup, imagine when medicare gets signed. That's 150million ppl in the states...
It this increases the SP by 17%

Are all of these 'people' groups (ie the 150mil, 8.6mil, 40mil etc) mutually exclusive, or is there some overlap? ie do we already have 'access' to some of the 150mil from existing agreements?

[baller18]

Are all of these 'people' groups (ie the 150mil, 8.6mil, 40mil etc) mutually exclusive, or is there some overlap? ie do we already have 'access' to some of the 150mil from existing agreements?

That's a real good point nigel, never thought if they were mutually exclusive or if the insurance carriers overlapped with each other...

[robbo24]

Are all of these 'people' groups (ie the 150mil, 8.6mil, 40mil etc) mutually exclusive, or is there some overlap? ie do we already have 'access' to some of the 150mil from existing agreements?

Would you pay for two lots of insurance for the same risk?

[Bobcat.]

That's a real good point nigel, never thought if they were mutually exclusive or if the insurance carriers overlapped with each other...

Does it matter much? Market profile, publicity, penetration and then profit is what matters here. If a clinician has two providers rather than one speaking to him or her about cxbladder that's got to be a good thing, yes?

[winner69]

Moosie got in at 145 .......I guess still in but tempted to sell before end of day to make a quick 10 grand ....whoops 10%

[psychic]

Again... The deals signed so far are NOT with Insurance Companies.

[baller18]

Again... The deals signed so far are NOT with Insurance Companies.
Yes but these provider's consist of insurance carriers...

[psychic]

On my phone, but suggest go to web sites. They faciltate payments etc. All good stuff, but this is not yet the big deal

[geo]

Hope this announcement was not timed, to soften us up for not so positive news out tomorrow re sales. Sorry just the cynic in me coming out.

[jonu]

Hope this announcement was not timed, to soften us up for not so positive news out tomorrow re sales. Sorry just the cynic in me coming out.

I think PEB has gone out of its way to look after its loyal shareholders. I don't think they are cynical gameplayers

[Whipmoney]

Is sales announcement definitely tomorrow?

[Intel]

Would you pay for two lots of insurance for the same risk?

I'd like to think no one would do that!!, unfortunately for PEB these organizations are NOT insurance companies. I hope people dont mistake them as such.

When the day comes where PEB announce they have signed up coverage by a payer (insurance company), I imagine the SP will skip the $2 range! I'm betting Kaiser, Blue Cross Blue Shield or maybe harvard pilgrim could be the first to sign up... (big speculative guess!!), And picking a time, I think May next year!

All in all though its good news, and great to see continual progression from this company!

[Balance]

Hope this announcement was not timed, to soften us up for not so positive news out tomorrow re sales. Sorry just the cynic in me coming out.

PEB is obliged to announce the deal the day it is signed.

That's what the company has done.

The share price gapping upwards tells us the information was kept extremely tight.

Don't expect too much by way of sales - 2014 will be when sales will really kick in. In the meantime, PEB is ramping up its marketing and sales force, and there's a fair bit of training and familiarization required by the new customers.

[MAC]

FedMed, ACPN and Stratose are Preferred Provider Organisation’s (PPO’s).

Effectively PPO's are the middle men between the insurers and provider’s like PEB. The advantage for PEB in working with the PPO’s is that they can contract with just a few PPO's rather than have to contract with each insurer directly or negotiate under each specific insurance policy. There could be hundreds of insurers, who knows how many cumulative policies.

Wiki: “Rather than contract with the various insurers and third party administrators, providers may contract with preferred provider organizations. A membership allows a substantial discount below their regularly charged rates from the designated professionals partnered with the organization. Preferred provider organizations themselves earn money by charging an access fee to the insurance company for the use of their network (unlike the usual insurance with premiums and corresponding payments paid either in full or partially by the insurance provider to the medical doctor)”.

For the individual seeking insurance, this link is a fair explanation of the two main directions one can take in seeking insurance within the US;

http://www.youtube.com/watch?v=NthIB5JRuVk

[Harvey Specter]

FedMed, ACPN and Stratose are Preferred Provider Organisation’s (PPO’s).

Effectively PPO's are the middle men between the insurers and provider’s like PEB. So do they actually need to sign up insurance companies provided they are covered by one fo the PPO's?

[MAC]

So do they actually need to sign up insurance companies provided they are covered by one fo the PPO's?

Presumably the PPO would object if PEB were to bypass them and sign up directly with one of their customers (insurers) ?.

[Bobcat.]

Ouch, hammered back down! luckily I got out with a miniscule loss. was worth it though. see you all again on the next announcement!

But it's climbing again Moosie - why would you sell on today's dip? This morning's announcement is good for at least a couple of days of price lift.

Low 140s was the time to buy, not sell.

[Xerof]

Retest of the breakout from the pennant. Very common reaction. Should now proceed higher, but not necessarily today.

Hey, Dentie, it ended up being a Pennant, not a flag, breakout came a day early

[Dentie]

Retest of the breakout from the pennant. Very common reaction. Should now proceed higher, but not necessarily today.

Hey, Dentie, it ended up being a Pennant, not a flag, breakout came a day early

Yes, thanks Xerof, have been watching closely for either (continuing education!) - was confident it was a "bullish" pennant though as I couldn't work out the lines of any flag (the top line was touching 4 candles). For your info, I was using the 24/10 candle (on the daily) as my Flag (or Pennant) pole and got my confidence that it was a Pennant after Monday's close.

Does all that make sense or did I miss something?

[zymwh]

There was another announcement 20 min ago about the rights. Totally they have received $28.9m ...

[psychic]

So we receive 11.6% of additional shares applied for?

[Toasty]

I should be allowed the complete amount I subscribed for as I have been a loyal shareholder from 63 cents a few weeks ago.

[Xerof]

Yes, thanks Xerof, have been watching closely for either (continuing education!) - was confident it was a "bullish" pennant though as I couldn't work out the lines of any flag (the top line was touching 4 candles). For your info, I was using the 24/10 candle (on the daily) as my Flag (or Pennant) pole and got my confidence that it was a Pennant after Monday's close.

Does all that make sense or did I miss something?

yep, a series of lower highs and higher lows into the apex is all you need to see. And it should break out in same direction as the entry (which was clearly the flagpole) I only use the daily chart, so thought it might have had another day or so of inside ranging, but good enough

[Harvey Specter]

So we receive 11.6% of additional shares applied for?Only if you applied for 100% and may not even be this high due to the way scaling is done. If you applied for less, you will get a higher percentage (up to 100% if you only applied for 11.6% worth). I didn't realise this, otherwise I wouldn't have applied for the full 100%. Not sure if this was unclear in the documentation or if I just read it wrong.

[gv1]

But it's climbing again Moosie - why would you sell on today's dip? This morning's announcement is good for at least a couple of days of price lift.

Low 140s was the time to buy, not sell.
Yes very true Bobcat, Am holding on to a healthly profit since 85 but refusing to cash out as bigger gains in the near horizon, not worth the hassle of coming in and going out. Bigger leap in SP coming soon.

[Dentie]

yep, a series of lower highs and higher lows into the apex is all you need to see. And it should break out in same direction as the entry (which was clearly the flagpole) I only use the daily chart, so thought it might have had another day or so of inside ranging, but good enough

Goodo Xerof - thank you!

[psychic]

You are probably right Harvey, but I read it as 11.6% of what I had applied for. (ie if we had applied for less than our entitlement, we would have received 11.6% of that) .. ??

[Bobcat.]

The way I read it, 2m shares are available in the oversubscription facility for which 17.2m valid applications were received. Doesn't that pro-rata out to us getting 2/17.2 = 11.6% of what we requested and paid for as an oversubscription?

[baller18]

You are probably right Harvey, but I read it as 11.6% of what I had applied for. (ie if we had applied for less than our entitlement, we would have received 11.6% of that) .. ??
I think if you applied for 100% of your entitled say 2000 shares you will get 2000 shares.
If you applied for additional shares say 500. You will get 11.6% of the 2000 shares your entitlement, and not the 11.6% on the 500.
Not too sure if im correct

[Bobcat.]

Only if you applied for 100% and may not even be this high due to the way scaling is done. If you applied for less, you will get a higher percentage (up to 100% if you only applied for 11.6% worth). I didn't realise this, otherwise I wouldn't have applied for the full 100%. Not sure if this was unclear in the documentation or if I just read it wrong.

No downside - you still get upto 11.6% of your maximum offered entitlement/right. The only downside I can see is that have had your money for a few weeks and will need to refund you/us the remainder (for most of us that will be 88.4% of 55c * the extra shares we subscribed for).

[baller18]

The way I read it, 2m shares are available in the oversubscription facility for which 17.2m valid applications were received. Doesn't that pro-rata out to us getting 2/17.2 = 11.6% of what we requested and paid for as an oversubscription?
So say if I applied for additional shares for 500, I get 11.6% of it?
Not the 11.6 to the original full entitlement?

[Xerof]

Bobcats on to it .....but lets not do it to death, we will all see in good time.

[psychic]

Huh?
You get 100% of your rights, and 11.6% of the additional applied for under the oversubscription facility...

[psychic]

Agree Xerof, sorry - overtyped you

[baller18]

I'm confused here..

Say, if I applied for my full entitlement of 2000 shares
But, only wanted to take up 500 new shares.

Do I get 11.6 percent of 2000 which is 232.
Or do I get 11.6% of 500 which is = 58

my thinking is the first case, 232 shares

[Xerof]

I must admit, I am happy with a wee bit more

[psychic]

I'm confused here..

Say, if I applied for my full entitlement of 2000 shares
But, only wanted to take up 500 new shares.

Do I get 11.6 percent of 2000 which is 232.
Or do I get 11.6% of 500 which is = 58

Why did you apply for 2000 if you only wanted 500?

[baller18]

Why did you apply for 2000 if you only wanted 500?
2000 was my entitlement. but wanted 500 additional new shares
But new shares I didn't want as much, capital was a bit tight

[psychic]

If you asked for an additional 500 shares under the oversubscription facility (over and above the rights that were issued to you) , then you will get 11.6% of that. (500 @ 11.6% =58)

[baller18]

If you asked for an additional 500 shares under the oversubscription facility (over and above the rights that were issued to you) , then you will get 11.6% of that. (500 @ 11.6% =58)
damn, that sux! Should've applied for the full amount!

[clip]

you get your 2000 regardless.
you may get up to 11.6% of 500, on top of your 2000 (wait and see)
lets move passed this

[baller18]

you get your 2000 regardless.
you may get up to 11.6% of 500, on top of your 2000 (wait and see)
lets move passed this
Yeh I know I get my 2000 regardless, just trying to understand how the 11.6% relates to

[Merc]

Now with that in mind can we have NZ examples of a company conquering the US market? I can't name one.
Mainfreight trade as Carotrans in the States

[Harvey Specter]

Eligible Shareholders who subscribed for New Shares under the Oversubscription Facility will be allocated the lesser of:
a. The number of additional New Shares applied for under the Oversubscription Facility; and
b. The number of additional New Shares applied for under the Oversubscription Facility, scaled in proportion to their Entitlement.
Only talking about oversubscriptions:

If you were entitled to 100 but you only applied for 10, the lower of 10 and 11.6%x100 is 10 so you would get all you applied for.
If you were entitled to 100 but you only applied for 20, the lower of 20 and 11.6%x100 is 11.6 which is 58% of what you applied for.
If you were entitled to 100 but you only applied for 50, the lower of 50 and 11.6%x100 is 11.6 which is 23% of what you applied for.
If you were entitled to 100 but you applied for 100, the lower of 100 and 11.6%x100 is 11.6 which is 11.6% of what you applied for.

I haven't done the maths yet but I assume to the extent that people didn't apply for their full oversubsciption, that basic calculation to get to 11.6% may be effected.

[baller18]

Thanks for clearing it up!

[warthog]

Bigger leap in SP coming soon.

To anyone reading here who doesn't already have this thought firmly etched in their mind: if what what posters such as gv1 imply here to be fact was actually true, most people here would eventually be multi-millionaires.

That they are generally not is a warning.

[baller18]

To anyone reading here who doesn't already have this thought firmly etched in their mind: if what what posters such as gv1 imply here to be fact was actually true, most people here would eventually be multi-millionaires.

That they are generally not is a warning.

Hancocks, sparky, mac, may already be! lol!
Only I had such a large holding

[Dentie]

To anyone reading here who doesn't already have this thought firmly etched in their mind: if what what posters such as gv1 imply here to be fact was actually true, most people here would eventually be multi-millionaires.

That they are generally not is a warning.

Thanks for the warning warthog, I'm gonna start unloading .....

[warthog]

Thanks for the warning warthog, I'm gonna start unloading .....

Listen, Dentie, this is a sure thing: the PEB shareprice will pretty much stay the same, go down, or appreciate. All over time.

There. Now it's all obvious, and priced in by the market.

[croesus]

Tomorrow... will be interesting. my thoughts are back up to $1,60

[Dentie]

Listen, Dentie, this is a sure thing: the PEB shareprice will pretty much stay the same, go down, or appreciate. All over time.

There. Now it's all obvious, and priced in by the market.

No worries mate - I was being frivolous. I'm a very long term holder - not as long as Hancocks - but well over 4 years in any case. This baby still has many nappy changes and growth ahead of itself before I consider selling. What happens between now and then is simply noise.

All the best to you!;)

[warthog]

No worries mate - I was being frivolous. I'm a very long term holder - not as long as Hancocks - but well over 4 years in any case. This baby still has many nappy changes and growth ahead of itself before I consider selling. What happens between now and then is simply noise.

All the best to you!;)

Well done you.

Snort :)

[Minerbarejet]

They say tails never fails ;)Ahem.
Only just scraped in though.
Cheers
Minerbarejet

[etrader]

Hi fellow PEBers

Wow another great step in the big picture.

We have solid funds in the bank from the raising and it shows interest that people wanted to over subscribe which shows good signs for future expansion.

Just someone confirm if next week was a reporting period just to much info on my stocks to remember.

A happy PEBer today.

We are just warming up be prepared to start your engines.

[warthog]

We have solid funds in the bank from the raising and it shows interest that people wanted to over subscribe which shows good signs for future expansion.

Or, like Bitcoin (or, latterly, Litecoin) people are piling in with the expectation that somebody else will pay more.

There's a theory for that.

Disc: hold PEB, Bitcion, Litecoin

[Lorne Ranger]

HI all. Forgive the question if it is easier than it seems, but when do us holders actually know how many rights shares we have been allocated?

I know they will become trade-able on the 4th December, will it be like an early Christmas and you just have to wake up in the morning and see whats Santa brought you overnight? Or will we be formally informed prior?

I assume if the over subscription is less than 100% we are refunded any payments?

Thanks for your clarification, these little details are elusive, especially after a couple of celebratory wines or more.

[warthog]

HI all. Forgive the question if it is easier than it seems, but when do us holders actually know how many rights shares we have been allocated?

Good question. Possibly tomorrow or Monday. You can check your holdings at linkmarketservices.co.nz with your CSN and FIN.


I know they will become trade-able on the 4th December, will it be like an early Christmas and you just have to wake up in the morning and see whats Santa brought you overnight? Or will we be formally informed prior?

Good question.


I assume if the over subscription is less than 100% we are refunded any payments?

Yes, of course.


Thanks for your clarification, these little details are elusive, especially after a couple of celebratory wines or more.

Or maybe more elusive before a few wines!

[waddis]

Jump over and support CDY on the ASX who provide one of the bio markers of PEB for their tests, they will get a royalty for each commercial sale in the future!~!

DISC: PEB and CDY

[janner]

Good question. Possibly tomorrow or Monday. You can check your holdings at linkmarketservices.co.nz with your CSN and FIN.



Good question.



Yes, of course.



Or maybe more elusive before a few wines!


Would that not be .. " after " a few wines :-)

[Minerbarejet]

Jump over and support CDY on the ASX who provide one of the bio markers of PEB for their tests, they will get a royalty for each commercial sale in the future!~!

DISC: PEB and CDYBe silly not to. You are onto it , buddy

[karen1]

Good morning all, I know it's not news to us, but good to see we're in the news again, nice to wake up to http://www.stuff.co.nz/business/industries/9455661/Pacific-Edge-raises-28-9m-through-issue

[Balance]

Good morning all, I know it's not news to us, but good to see we're in the news again, nice to wake up to http://www.stuff.co.nz/business/industries/9455661/Pacific-Edge-raises-28-9m-through-issue

It is good to see PEB in the news but the reporter should be put out to pasture. PEB has NOT raised $28.9m in the rights issue!

http://www.odt.co.nz/news/business/283393/pacific-edge-rockets

And it gets worse - oversubscribed by 8 times?????

The reporter Simon Hartley needs to go back to high school.

Otherwise, all good.

[karen1]

:blush: oops, that's what comes of being half awake!

[Dentie]

It is good to see PEB in the news but the reporter should be put out to pasture. PEB has NOT raised $28.9m in the rights issue!

http://www.odt.co.nz/news/business/283393/pacific-edge-rockets

And it gets worse - oversubscribed by 8 times?????

The reporter Simon Hartley needs to go back to high school.

Otherwise, all good.

ha ha ... maybe Simon is an excited shareholder!

[Balance]

ha ha ... maybe Simon is an excited shareholder!

I bet you he is.

All joking apart, it dismays me from time to time how inaccurate some of these reporters are.

[warthog]

Would that not be .. " after " a few wines :-)

Sometimes wine helps in unforeseen ways.

[gv1]

Revenues are starting to progress as we penetrate those markets," Darling said yesterday..
This is from stuff article.

Interesting to hear that, good time not to sell probably. Exciting times ahead.

[croesus]

So, anyone have any thoughts on what time today, The Half Yearly Report is tabled, personally I would prefer 30 minutes at least before Market opens... it could be a volatile day ..I would like to top up my holding.. but would like to read the result first.
What have they done on other announcement dates. ??

Cheers Croesus

[Minerbarejet]

So, anyone have any thoughts on what time today, The Half Yearly Report is tabled, personally I would prefer 30 minutes at least before Market opens... it could be a volatile day ..I would like to top up my holding.. but would like to read the result first.
What have they done on other announcement dates. ??

Cheers Croesus3.44pm last year on 29th which was a thursday.
Could be an interesting last hour for the week and all weekend to think about it.:)

[croesus]

Thanks..... Buy side looks strong

[barney]

I'm not expecting a lot in terms of revenue growth. What will be key is how well the transition from the user programs to clinical uptake is proceeding.

[Minerbarejet]

Im going to rip out for a bottle of milk. The announcements always happen while Im out.:)

[baller18]

I'm not expecting a lot in terms of revenue growth. What will be key is how well the transition from the user programs to clinical uptake is proceeding.
I have a feeling PEB might surprise us...

[MAC]

I have a feeling PEB might surprise us...

They announced first US sales well after the end of the reporting period. A pretty clear expectation to the market really. https://www.nzx.com/files/attachments/183582.pdf

[Harvey Specter]

They announced first US sales well after the end of the reporting period. A pretty clear expectation to the market really. https://www.nzx.com/files/attachments/183582.pdfThe markets dumb. I expect low sales but still think the market will punish them for it (in the short term).

[biker]

They announced first US sales well after the end of the reporting period. A pretty clear expectation to the market really. https://www.nzx.com/files/attachments/183582.pdf

I liked the sound of this from a Stuff article today.


.............The bladder cancer diagnostic technology was now being made commercially available in the United States, Australia and New Zealand.

"Revenues are starting to progress as we penetrate those markets," Darling said yesterday.

[MAC]

I liked the sound of this from stuff yesterday.
The bladder cancer diagnostic technology was now being made commercially available in the United States, Australia and New Zealand.

"Revenues are starting to progress as we penetrate those markets," Darling said yesterday.

Absolutely, this one too;

“The success of the offer provides Pacific Edge with the funding to deliver further products to the market and to step up the rate of implementation and rollout of its US sales force to target integrated healthcare providers and urology groups”.

Subtle boldness as we’ve come to appreciate, it’s a five year plan but that $20.5M may just kick it up a notch.

[zs_cecil]

They announced first US sales well after the end of the reporting period. A pretty clear expectation to the market really. https://www.nzx.com/files/attachments/183582.pdf

Their HY result is coming out soon. Hope they would book one or two sales. Though, building up the sales channels does the matter in this stage I guess.

I remember one of my friend who runs a medical company told me about the importance of working with a government. His company is developing a new drugs which is still in the last stage of test before releasing to the market. It took them about seven years to develop the drugs without making a sale. He told me that they would not be able to run the test effectively without working with the government because the government can help them to gain the resources that they could not get by themselves. This will be same to to their sales.

I think successfully gaining the registration in US amd working with the DHB in NZ have already indicated that Pacific Edge has already built up a very good relationship with the government (at least in the medical system). It is just a matter of the time to crack different major medical network. And they still need some time to build up the trust with the end users of their services.

[Minerbarejet]

Im going to rip out for a bottle of milk. The announcements always happen while Im out.:)Well that didnt work:)

[Dentie]

Well that didnt work:)

haha ...think of it as Xmas Miner ..... all those presents just waiting....

I'll be looking to see if it tanks after the update ... all those traders tearing off to what they see as their next opportunity. Mind you, other announcements might come along too....

[ddrone]

I'm gonna take a traders leap on this one and look for the drop (famous last words..).

[Minerbarejet]

I'm gonna take a traders leap on this one and look for the drop (famous last words..).
Good buy and good luck

[Iolite]

It is good to see PEB in the news but the reporter should be put out to pasture. PEB has NOT raised $28.9m in the rights issue!

http://www.odt.co.nz/news/business/283393/pacific-edge-rockets

And it gets worse - oversubscribed by 8 times?????

The reporter Simon Hartley needs to go back to high school.

Otherwise, all good.

Further on in the article it states "Of the 37 million new shares available, just 2 million went into the pool for oversubscriptions, but applications for 17.5 million additional shares were received."
17.5 / 2 = 8.75, so in fact oversubscribed by almost 9 times.

Also taking into account the above quote, there were a total of 37 million shares available (including 2 million for oversubscription) and an extra 15.5 million applied for under the oversubscription. 37 + 15.5 = 52.5 million shares applied for at $0.55 = $28.875 million (from the article: "Acceptances, including the oversubscription facility, raised about $28.9 million"). Technically this money HAS been raised in the rights issue, but about 1/3 of it will be refunded.

The reporter is correct, but it could have been explained or worded a little better.

[MAC]

Perhaps I’m a patient fellow, but I’d prefer the HY announcement was held until 4th December. With PEB presently holding (17.2 -2) x 0.55 = $8.36M of unallocated investors cash, some may actually like it back to buy on the announcement, whatever direction the traders may take it.

[gv1]

Looks like something good , SP crawlling upwards.

[psychic]

Well , thought I'd have some encouraging news for mat time but no.

Just returned from taking the wife to an appt with an Akl Urologist. Seizing the opportunity to perhaps gain some free investment advice and gain maximum bang for our buck , I suggested she also drop cx bladder into the discussion, given my disappointment that our local GP had not even heard of it a month or so ago.

Response was that, well yes, very effective, but still has to pass tests (what? !!), and will not be in frequent use in NZ until Govt subsidises. Thought it would go well in the States because it would be paid by Insurers.

I almost ran in to slap another $275 on the counter for another appt so that I could put him straight on clinical trial results etc and to argue that most of us would rather pay for a test that worked than receive a free one that didn't, but perhaps that is best left to PEB.

So tough nuts to crack maybe. We must be patient.

[Dentie]

Well , thought I'd have some encouraging news for mat time but no.

Just returned from taking the wife to an appt with an Akl Urologist. Seizing the opportunity to perhaps gain some free investment advice and gain maximum bang for our buck , I suggested she also drop cx bladder into the discussion, given my disappointment that our local GP had not even heard of it a month or so ago.

Response was that, well yes, very effective, but still has to pass tests (what? !!), and will not be in frequent use in NZ until Govt subsidises. Thought it would go well in the States because it would be paid by Insurers.

I almost ran in to slap another $275 on the counter for another appt so that I could put him straight on clinical trial results etc and to argue that most of us would rather pay for a test that worked than receive a free one that didn't, but perhaps that is best left to PEB.

So tough nuts to crack maybe. We must be patient.

Dear oh dear Psychic - hope your wife is ok.

Typical with Kiwi psyche though - "we'll do it - but only if the taxpayer subsidizes". Sometimes scratch my head at why we are like this here. Been ingrained into us to always look for a handout of some kind, no matter what the circumstances.

And yeah ....tests still to pass! What's that about?

[psychic]

Thanks Dentie - Wife fine. Cheers

[robbo24]

And yeah ....tests still to pass! What's that about?

CXBladder is a Laboratory Developed Test. This is a specific category of test. LDTs do not have to go through the same onerous processes with the authorities in the States. Medical professionals need to be convinced, I'm sure PEB is aware of that and that's what they are working on.

DISC: Hold none.

[NZSilver]

Well , thought I'd have some encouraging news for mat time but no.

Just returned from taking the wife to an appt with an Akl Urologist. Seizing the opportunity to perhaps gain some free investment advice and gain maximum bang for our buck , I suggested she also drop cx bladder into the discussion, given my disappointment that our local GP had not even heard of it a month or so ago.

Response was that, well yes, very effective, but still has to pass tests (what? !!), and will not be in frequent use in NZ until Govt subsidises. Thought it would go well in the States because it would be paid by Insurers.

I almost ran in to slap another $275 on the counter for another appt so that I could put him straight on clinical trial results etc and to argue that most of us would rather pay for a test that worked than receive a free one that didn't, but perhaps that is best left to PEB.

So tough nuts to crack maybe. We must be patient.


Like anything new there is alway resistance to change.

Its easier to do what you have been doing for years, then one day after you hear a fellow colleague talking about it over the lunch table or a specialist blabbing on about it a conference or on the internet, or your boss tell you they have a few free tests to trial and why not give them a go - it only then the vast majority will decide to try the new test, find out it is easy, fast and has great benefits to them and the patient - then they wish they had been using it much earlier. There are always the fast adopters and the others who sit sideline and wait. Its just human Nature.

If you look at how many papers are published yearly in the medical field there is know way anybody has time to read over and cover them all,

this is why the marketing is so important, people on the ground visiting the practitioners explaining and giving the reason why they should use this product.

Patience - im sure the rewards will be great (not just for shareholders)

[robbo24]

PS - Regulation of LDTs is a risk: http://www.mddionline.com/article/lab-developed-tests-fdas-sights

[Dentie]

CXBladder is a Laboratory Developed Test. This is a specific category of test. LDTs do not have to go through the same onerous processes with the authorities in the States. Medical professionals need to be convinced, I'm sure PEB is aware of that and that's what they are working on.

DISC: Hold none.

Thanks Robbo.

Can't help thinking that if I was a poor bugger with possible bladder cancer, I would demand CxBladder (for obvious reasons...less invasive, less torment/torture, cheaper, accuracy etc etc) - even though it had not passed an LDT test. At that stage I wouldn't really care to be honest. Why go for cystocopy if there is less need?

Based on their current mentality, how come the powers that be don't close these restaurants (for example) who create food poisoning or other nasties.....! Seems to be an obstacle for obstacle sake!

[robbo24]

Can't help thinking that if I was a poor bugger with possible bladder cancer, I would demand CxBladder (for obvious reasons...less invasive, less torment/torture, cheaper, accuracy etc etc) - even though it had not passed an LDT test. At that stage I wouldn't really care to be honest. Why go for cystocopy if there is less need?

Based on their current mentality, how come the powers that be don't close these restaurants (for example) who create food poisoning or other nasties.....! Seems to be an obstacle for obstacle sake!

There's a few issues here. Look, I think that CXBladder is awesome. But if I was a doctor I would need to absolutely certain beyond any doubt that the test I am ordering is not akin to some voodoo jungle remedy and that it can be lawfully relied on. Otherwise I, as a doctor required to have professional indemnity insurance, risk being personally liable for prescribing or ordering aforementioned voodoo jungle remedy.

The other thing is, the NZ Bill of Rights allows you to decline medical treatment but it does not let you dictate which treatments or tests you get. It is open to you, as a private individual, to reach into your own pocket and buy a CXBladder test. If you want to rely on that against the advice of a doctor (not to say a doctor would advise against it) then that is open to you.

Where regulation and insurance meet is another interesting point. Insurers cannot insist upon voodoo jungle remedies either - if they can lawfully use CXBladder then absolutely they will go ahead if it is cost effective and practically effective.

I strongly suggest doing some reading about LDTs. It is stated clearly on the PEB website that it is a LDT.

[TimmyTP]

If you look at how many papers are published yearly in the medical field there is know way anybody has time to read over and cover them all
NZSilver, thank you, you reminded me of a company called Research Review, whose business is to sort through medical research papers and highlight the good bits.

Can anyone on this thread legitimately sign up & let us know what sort of coverage they are giving to CxBladder &c?
http://www.researchreview.co.nz/nz/Clinical-Area/Surgery/Urology.aspx
http://www.researchreview.com.au/au/Clinical-Area/Surgery/Urology.aspx

[gv1]

Ah well, top scientist from Otago uni and around the world are involved can't be any voodo as such.

[Casino]

Thanks Robbo.

Can't help thinking that if I was a poor bugger with possible bladder cancer, I would demand CxBladder (for obvious reasons...less invasive, less torment/torture, cheaper, accuracy etc etc) - even though it had not passed an LDT test. At that stage I wouldn't really care to be honest. Why go for cystocopy if there is less need?



cxbladder will help find more bladder cancers. it can be used to reduce cystoscopies performed for monitoring but not the ones used for detection. it is very definite at ruling our patients. but more people may end up under the knife because of more false positives.

I'm very interested in those false positives. On the one hand, they are not very good for the cost-efficiency equation but over time it may turn out that some of the false positives were actually true positives. So Cxbladder could actually be better than we think but it is not necessarily the best for tax payers and every patient.

[robbo24]

Ah well, top scientist from Otago uni and around the world are involved can't be any voodo as such.

I agree completely but LDTs could be subject to regulation changes which affect its direct application to doctors, insurers and end customers/patients.

LDTs require a lower standard of scrutiny before the FDA allow them to be used.

I just think it's worth taking a good look at the risks - that's all.

[barney]

Regulatory change is certainly a risk. I think it was at a prevous agm, the company mentioned going through the process of obtaining FDA approval. I'm not sure where this is at right know. Maybe Hanncocks can recall ?

[robbo24]

Regulatory change is certainly a risk. I think it was at a prevous agm, the company mentioned going through the process of obtaining FDA approval. I'm not sure where this is at right know. Maybe Hanncocks can recall ?

I'd say PEB are fully aware of the risks... Hence all of the clinical results and statistics: 21 Nov, 2013, http://www.biomarker-trends.com/?p=451


LDT developers that are doing the hard work of properly validating their tests probably don’t need to be too concerned about future regulation. A senior executive at Genomic Health told me before the summer that GH has long considered FDA regulation to be inevitable, and that one of the leading drivers for regulation was the desire by drug developers for more quality control over companion diagnostic LDTs (and the FDA tends to be quite responsive to the needs of the drug companies). GH has certainly prepared itself well for any future scrutiny, as the company has made major investments in clinical studies to validate its high-risk oncology tests, investments that have yielded strong growth in sales and market cap for GH. If you do it right (and bring a lot of money to the problem under current conditions), the markets will reward you, regardless of whether you develop IVDs or LDTs.

[Dentie]

But if I was a doctor I would need to absolutely certain beyond any doubt that the test I am ordering is not akin to some voodoo jungle remedy and that it can be lawfully relied on.

I would agree - if CXBladder showed up on the doorstep overnight brought by someone with a bone through his nose in a straw skirt but, come on Robbo, how long has PEB been developing this thing out of Otago University? I would have thought Doctors/Urologists would have been following developments keenly. How many clinical tests did they do on patients along the way?

There is caution and there is over caution. We always seem so scared of embracing new technology ... and how many suffer because of it?

[Bobcat.]

Half year report out. Trading halt. But when I go to the NZX announcements page, it 'aint there. If anyone has a link, please post it.

[psychic]

https://www.nzx.com/files/attachments/186164.pdf

[whatsup]

Half yearly out but I cannot open it, ideas please?

[baller18]

should be fine, I did it... 2 sales form states...

[MAC]

Trading revenue up 54%, other revenue down 47.1%, looks like they lost some research grants, to be expected I guess now they are commercial.

[NZSilver]

REL: 1527 HRS Pacific Edge Limited





HALFYR: PEB: PEL Preliminary Half Year Report

[robbo24]

Is there anything that new in there? Two new products for NZ in 2014 and $17,000 of trading revenue for the first half... How many tests is that?

Note: Those numbers are only up to 30 Sept 2013 so doesn't take into account potential post-agreement sales...

[QOH]

you can get to the report on NZX site.

[Schrodinger]

High growth result, revenue down 43% and losses increased. Excellent.

[warthog]

https://nzx.com/files/attachments/186164.pdf

[Harvey Specter]

should be fine, I did it... 2 sales form states...
Does it say that somewhere? I worked it out as 3 which is 50% higher :t_up:

As expected, nothing to see here. Next year should be great though so hold on, its going to be a fun ride.

[zymwh]

Its in Page 6

[Casino]

Numbers add up for Cxbladder but I don't see a big buffer for rolling out two more products without another cap raising.

[winner69]

A result of BLS proportions

[Harvey Specter]

Its in Page 6
Thats NZD so about USD1.6k so about 3 tests at USD550 - hard to be exact with rounding to the nearest thousand.

[robbo24]

A result of BLS proportions

Don't get too carried away...

The numbers are only up to 30 Sept and as you are fully aware the distribution agreements were only signed in October.

[baller18]

damn, nothing too exciting.. lol

[whatsup]

damn, nothing too exciting.. lol

What really did you expect ?

[robbo24]

what really did you expect ?

"peb - half yearly report - pleased to announce sales surpass 1,000,000 units"

[blobbles]

Wow, next to zero sales in the US. I thought they would have at least had a number of private sales... considering anyone concerned about bladder cancer could have ordered the test themselves online since July/August and a quick google search would have found you their site... eek. I was expecting 1000+, looks like it would be less than a hundred, maybe less than 10? Hard to know since they don't tell us. But I would expect the increase would be mainly NZ etc. I am guessing less than 10 sold in the US. Not good.

[ddrone]

Wow, next to zero sales in the US. I thought they would have at least had a number of private sales... considering anyone concerned about bladder cancer could have ordered the test themselves online since July/August and a quick google search would have found you their site... eek. I was expecting 1000+, looks like it would be less than a hundred? Hard to know since they don't tell us. But I would expect the increase would be mainly NZ etc. I am guessing less than 10 sold in the US. Not good.

Seriously, what kind of person is going to buy a little known test from the internet instead of taking their doctors advice? This is what these deals are all about.

[Bobcat.]

I'm out (for now) ...except for the shares from the rights I've exercised, which will be issued next week.

After other sellers also not so impressed by the report have dwindled...I intend to buy back in again at a lower price...probably next week....before the next announcement of course. Well, anyhow, that's my plan.

BC

[False Profit]

Sell off begins as all the clouds clear up.
1 - Results as per expectations (read previous posts on this thread by the knowlegable folk).
2 - Those with memories of yesterday's breakthrough now feeling hard done by
3 - The usual Friday sell off

I sold all yesterday for top dollar (mixture of luck and cat like reflexes). Will wait until next week to re-enter.

[gv1]

Revenue increase of 54.5%, they are doing well. It takes time for sales but looks like they are on track. Next result will show work done for past few months.

[winner69]

False Profit - you have a good handle for this thread - like it

[ddrone]

Sell off begins as all the clouds clear up.
1 - Results as per expectations (read previous posts on this thread by the knowlegable folk).
2 - Those with memories of yesterday's breakthrough now feeling hard done by
3 - The usual Friday sell off

I sold all yesterday for top dollar (mixture of luck and cat like reflexes). Will wait until next week to re-enter.

Holding pretty well at the moment, will be interesting to watch close.

[baller18]

I'm out (for now) ...except for the shares from the rights I've exercised, which will be issued next week.

After other sellers also not so impressed by the report have dwindled...I intend to buy back in again at a lower price...probably next week....before the next announcement of course. Well, anyhow, that's my plan.

BC
It hasn't really dropped much, little trades have gone through at ranges of 1.44 and etc...

[baller18]

Yeh, I think it is holding pretty well, not much -ve impact from the report... well at the moment anyways..

[Dentie]

Wow, next to zero sales in the US. I thought they would have at least had a number of private sales... considering anyone concerned about bladder cancer could have ordered the test themselves online since July/August and a quick google search would have found you their site... eek. I was expecting 1000+, looks like it would be less than a hundred, maybe less than 10? Hard to know since they don't tell us. But I would expect the increase would be mainly NZ etc. I am guessing less than 10 sold in the US. Not good.

Typically negative Blobbles ...don't forget these sales are only up until 30 september. They didn't sign up those big providers until 22 October.

Nothing to worry about!!

[Mista_Trix]

"the mighty sell-off" - of 3%, after yesterdays 11% gains, careful holders, duping is afoot.
Don't get played.

[blobbles]

Seriously, what kind of person is going to buy a little known test from the internet instead of taking their doctors advice? This is what these deals are all about.

Anyone who is peeing blood and does a little research around bladder cancer. Anyone that has blood in their pee and an internet connection, most likely.

I damn well know if I was peeing blood, went and saw the doctor, was booked in for cytoscopy in a week or two's time, read up about cytology and its drawbacks, then found CxBladder, I would be ordering one quick smart.

I thought (was it MAC?) the person who estimated 200-500 was aiming pretty low, looks like they were aiming way too high as well.

So now we know - this thing certainly isn't going to sell itself, hence the sales people are most certainly needed. Hopefully its all up from here but with the current market price factoring in 7% of the US market again (around 125k tests), its certainly not a given.

[benjitara]

As I've stated before this is a long process, longer than anyone is giving thought to I'd say. I still wouldn't expect any great sales in the USA at the full year report next year. This report outlines the main problem they will have "dissonance" It's a hard nut to crack. Which also means if they crack it the product to truly worthy of it's place in the systems. I'd imagine a lot of traders could pull out now and some holders will also get frustrated by lack of sales. As I see it 2015 will be the year we truly have an indication of the impact PEB has had on the American medical sector.

[blobbles]

Typically negative Blobbles ...don't forget these sales are only up until 30 september. They didn't sign up those big providers until 22 October.

Nothing to worry about!!

I hope you are right, but I would have expected some private sales at least! Yep, I know when the sales are up to, I also know that the lab opened a few months before...

Makes you wonder what their lab techs are doing now... must be sitting around playing long games of solitaire...

Ahhh well, looks like my PEB shares will go into the bottom drawer and I will ignore all the SP changes for the next year at least unless the story changes (i.e. if an equally dismal sales report comes out next year, which is definitely the one to watch more than this one).

[Dentie]

Geez - panic merchants

All jumping ship based on figures of 2 months ago ... it would be good to know what the sales figures are on a cumulative annual basis - as at today???????

maybe some should take a leaf from the XRO thread and start pricing the shares on what the sales are going to be in 6 years time - rather than looking behind!!!