View Full Version : PEB - Pacific Edge Ltd
Never a dull moment with this puppy
JohnnyTheHorse
21-03-2013, 05:35 PM
Never a dull moment with this puppy
Indeed. Just a few more profit takers and nervous nellies to get through and then it should be full steam ahead!
BigBob
21-03-2013, 06:25 PM
Wow - that's great news. If ACC are on board with 5% plus, then they must be REAL satisfied about the PEB story. Imagine if the story failed and the political fallout that would follow....
That's what I thought when they showed up as a SSH on GEN's register...
biker
21-03-2013, 07:01 PM
In my experience, the big institutions can stuff it up just like the rest of us.
ACC being on the substantial shareholder list doesn't add to or subtract from, the prospects of the company, and I don't see political fallout, regardless of the company's future. It is just one of their many investments. Some will go well, others wont.
Disc. Hold PEB and considering more.
BigBob
21-03-2013, 07:22 PM
Ah - famous last words perhaps!
Still, I'd rather have them on board than not.
Fair enough...! And for what it is worth I am on the train too... :-)
Slam dunk
21-03-2013, 08:34 PM
Excuse the ignorant / naive question, but should we read anything positive into the fact that ACC is investing in a bio-tech? I guess what I'm asking is would the investment arm of ACC have any tentacles into the health sector to judge the likely success of this?
barney
22-03-2013, 07:54 AM
ACC have been a shareholder for quite a few years and have previously topped the 5% mark. It should be a good sign that they are willing to increase their stake at .65c.
I dont agree with ACC's success in investing-they have made some real cock ups, such as Pike river and PPP
Doesnt mean PEB is a bad investment ,but good to note
JohnnyTheHorse
22-03-2013, 10:29 AM
Looks like I missed the bottom with my top up, much better than missing the train though! Once all the sheep are gone it will head back up, just look to the future.
JohnnyTheHorse
22-03-2013, 10:53 AM
People are just seeing how low this will go. Once it turns, expect them to flock in.
Dentie
22-03-2013, 12:40 PM
People are just seeing how low this will go. Once it turns, expect them to flock in.
Fundamentals haven't changed ... so it will only go as low as the nervous nelly sellers allow it to go. When large holdings like yesterday want to sell in large lots, the equally large buyers with the required cash can dictate the terms. If the sellers don't neet to sell and can hold their nerve and trust the Company is in good nick and poised to grow well, then the price will turn around quicksmart.
robbo24
22-03-2013, 01:46 PM
Wow, selling between 71 and 75 has disappeared. This happened before the last price move, sellers moving stock way too cheaply and once the SP had gone beyond that it just moved up up and away. Looks like the nervous ones are being shaken out already, much sooner than I thought...
Clean out the change from under the couch and buy some more!
blobbles
22-03-2013, 02:17 PM
Who are these fools selling at this level???
Ha haa, no problem, time to top up... :-)
Balance
23-03-2013, 12:00 AM
Probably short term holders looking for a quick buck and looking to get out based on TA. Looks like they totally misread the situation, their compatriots behind them have fled!
Edit: On second thoughts, could be another major holder selling down their overweight PEB stock, looks like it has been happening quite a bit lately. Hope it isn't another Mr Carroll that's just going to keep selling on-market for ages...
SSHs from ACC show them buying 2,593,000 from Peter Masfen, and then selling 355,000 of those shares at 71 cents.
Thanks, ACC, for making the market!
Has anyone spoken to any urologists/gp's what they think of the product? Would be interesting to hear their responses.
GRIFFIN
23-03-2013, 11:29 AM
Not sure about urologists/gp's but Peter Leitch The Mad Butcher is a strong advocate of PEB and would know first hand as he has been through their labs. He has also had a health problem in this area so would see the advantages of PEB testing system. Chances are he has a few shares as well.
Not sure about urologists/gp's but Peter Leitch The Mad Butcher is a strong advocate of PEB and would know first hand as he has been through their labs. He has also had a health problem in this area so would see the advantages of PEB testing system. Chances are he has a few shares as well.
I know a senior director from a pharmaceutical company and he says its a good technology it depends on marketing solely. Theres plenty of good medicines in the world that never make it due to bad marketing.
So those are the results we are waiting on, marketing. And marketing in the medical world is very different to the normal world. They need to be attending the medical conventions and promoting their goods.
Minerbarejet
24-03-2013, 08:00 AM
does acc have any other ssh holdings or are they required by law to have less than 5% in any one holding, not too familiar with the setup of acc.
does acc have any other ssh holdings or are they required by law to have less than 5% in any one holding, not too familiar with the setup of acc.
They have a few over 5%. Not sure on mandate restrictions but that's not one.
Their shareholding may still be listed in the top 20 in the annual report so we may get an annual update of their holding.
Minerbarejet
24-03-2013, 12:22 PM
thanks for that Sparky - looks like a bit of required reading for Sunday afternoon
Minerbarejet
24-03-2013, 02:39 PM
I know a senior director from a pharmaceutical company and he says its a good technology it depends on marketing solely. Theres plenty of good medicines in the world that never make it due to bad marketing.
So those are the results we are waiting on, marketing. And marketing in the medical world is very different to the normal world. They need to be attending the medical conventions and promoting their goods..
I'm fairly certain they have a plan for getting the message out to the medical fraternity. Pardon me if I'm wrong but I believe we are not dealing with medication as such but rather a Diagnostic Tool that if it is in fact the best available, cheaper, non invasive and patented then word of mouth and targeting urologists and medical conventions will pay off. Its not like we are going out for a packet of paracetemol and there are 20 brands to choose from. What is going to be the biggie is the confidence of accuracy in the results. Any stuffups will be very damaging especially early on.
Disc: Holding PEB
When i said medicine I meant diagnostic tools as well. Sorry for that major.
I agree with you about the track record, they cant stuff up. I still think they need marketing initially though.
Disc: holding PEB
Minerbarejet
24-03-2013, 05:26 PM
[QUOTE=Dej;399262]When i said medicine I meant diagnostic tools as well. Sorry for that major.
I agree with you about the track record, they cant stuff up. I still think they need marketing initially though.
Disc: holding PEB[/QUOTE
Sorry, I wasn't meaning to be picky - just thought I may have stuffed up myself and got the wrong end of the stick (as usual) so to speak. Agree with marketing as much as possible in the short term but establishing a good track record will be more invaluable in promoting PEB. Watch and wait I guess.
Minerbarejet
25-03-2013, 09:18 AM
Anyone else seeing a lot of weakness in the ask side until 75 cents? Think that 125,000 at 70 is the last of ACC. Nothing but sky from there...
at least until .80
lastmoa
25-03-2013, 10:05 AM
With the recent announcement that PEB's USA lab gained CLIA Registration. Excuse my ignorance, but, whilst in the news they detailed that it is a 'significant milestone towards commercialisation (which it is), I assume they still do need FDA approval for their medical product(s) (Cxbladder, etc)?
Hence they are quite different USA approvals and we would expect some FDA news soon?
GR8DAY
25-03-2013, 10:10 AM
With the recent announcement that PEB's USA lab gained CLIA Registration. Excuse my ignorance, but, whilst in the news they detailed that it is a 'significant milestone towards commercialisation (which it is), I assume they still do need FDA approval for their medical product(s) (Cxbladder, etc)?
Hence they are quite different USA approvals and we would expect some FDA news soon?
FDA approvals NOT required
Balance
25-03-2013, 10:58 AM
I'd say there is over 10m shares to be sold up to and including 76c. I had factored in 5% (15m shares) of the issued capital being sold on the CLIA annoucement. This was excluding the Masfen part sell down. So a little way to go before we see a meaningful uptick in the share price. It should consolidate today at 69c/70c (750k+ shares).
Relax and let the buyers and sellers work their way through the shares for sale at around 70 cents.
Balance
25-03-2013, 11:25 AM
Indeed. Looks like it's going to be a boring day on the market, waiting for the US to open and Cyprus to be resolved. No risk at all today!
Not sure about no risk or no gain.
I think you will find that there are two sellers out there and they are watching one another carefully.
Not really wanting to sell down to below 70 cents but one lets a few go at 69 cents and then, watch to see what the other one does. Rather fascinating stuff in a way but really, nickel and dime stuff. Will not really matter when PEB really starts chugging along.
I think buying interest will come in from the States when the marketing start cranking into gear soon.
Joshuatree
25-03-2013, 01:03 PM
Guys have missed the ride so far. What sort of realistic price targets are you thinking re when mkt acceptance and take-up in USA etc ?. Please try to be objective as some of you are well free carried already:) congrats.
Guys have misses the ride so far. What sort of realistic price targets are you thinking re when mkt acceptance and take-up in USA etc ?. Please try to be objective as some of you are well free carried already:) congrats.Johny had a crack back at post #730 with a few others chipping in. Maybe have a look at those posts.
Joshuatree
25-03-2013, 01:56 PM
Thanks cj very useful from conservative to moderate looks good. Gee over 30 pages of posts just in march.
Thanks cj very useful from conservative to moderate looks good. Gee over 30 pages of posts hust in march.
Welcome to the PEB Thread (excuse the rhyme), a lot is happening with this stock at the moment and we all have our questions as people gain interest!
Something to think about:
BiocancellTherapeutics Ltd., founded in 2004 by Avraham Hochberg, Professor of Molecular Biology at the Hebrew University of Jerusalem, reported success on Sunday in the treatment of bladder cancer using their lead product, BC-819. BC-819 is being tested on other cancers, such as, pancreatic cancer, superficial bladder carcinoma and ovarian cancer. Meanwhile, Protalix Biotherapeutics Inc., an Israeli company established in 1993 that recently developed the pioneering drug, Elelyso (Uplyso in Latin America), for treatment of the very rare Gaucher disease, announced on Monday that Brazil has approved the use of the drug. "The approval of Uplyso provides an important treatment option for those in Brazil using enzyme replacement therapy to manage their Gaucher disease and demonstrates the potential of our plant cell manufacturing technology," said Protalix CEO Dr. David Aviezer.
Minerbarejet
25-03-2013, 02:34 PM
These appear to be two outfits that PEB should be talking to. PEB will find it - they can fix it - PEB can keep checking to make sure they have. WOW
JohnnyTheHorse
25-03-2013, 02:36 PM
Buyers now at 70 (albeit not many). The big seller hasn't swooped in with another lot of 100k, so maybe he's finished up? Time will tell.
JohnnyTheHorse
25-03-2013, 02:45 PM
Just wait until buyers build up again, then they will swoop. No use flooding the market when 6,000 are on offer, scare everyone off again!
I suspect you are right. Ah well, I don't plan on selling for years, so who cares if they keep selling for even a few more weeks. They aren't going to let the price drop below 68-70.
Balance
25-03-2013, 04:00 PM
You're right, I suspect 70 cents is a limit for them. They might already be done selling though. Even if they do, it just increases liquidity and makes it another suspect for the NZX50, which is great for us holders (look at how much ATM went up on that announcement + good report!).
UPDATE: Looks like our big seller has found an off-market buyer. There goes 72 cents, nothing left again between 71 and 75. :t_up:
Good buying interest at 70 cents and seller is now backing off.
Would say that we will see some more crossings at 70 cents and then, it's back to 75 cents.
Does not really matter in the end - it's what PEB's sp will be in 2 years' time which really matters.
SO treat the seller now at 70 cents as an opportunity to consider.
Balance
25-03-2013, 04:16 PM
Definitely looks to me like one of the sellers at 70 cents is gone but there is one left.
Remember that PEB is now taking its story to not only urologists but investors as well.
The fact that the presentations were done at First NZ Capital office last week is an excellent sign. FNZC started covering Diligent at around the same price levels and actively got investors into Diligent.
Balance
25-03-2013, 04:40 PM
Yes, I had hoped to attend that FNZC presentation.
First NZ are very good at discovering the next growth story.
Imagine them buying a few million shares on behalf of offshore investors?
SP will be 80 cents before you can type 'PEB' on your keyboard!
Balance
26-03-2013, 10:12 AM
Sellers still there at 70c...
Looks like it.
There's obviously two of them. One pulled his offer higher to 72 cents this morning when he saw that he was the lone seller at 70 cents but the other has re-entered the fray.
Oh well, let's see what happens when a volume buyer emerges on the scene. Can't be too far off as PEB takes its story to the States.
Balance
26-03-2013, 10:22 AM
Why would I want to get in while I can? I got in mostly at 22.5c, then at 40c and then a bit more at 57c.
Moosie, I enjoy your posts, but we don't really need this kind of spruiking. If you think there is a technical analysis position about "uptrends reforming", then please show us your evidence and hypothesis.
Haha - agree with you STC.
Must say Moosie is one enthusiastic investor and this daily gyrations must be giving him great thrills? Careful though you keep your eye on your real job, Moosie!
Me? I watched and invested in Diligent as closely as I do with PEB. Like Diligent, spectacular returns like we have seen with PEB in the last 6 months mean healthy profit taking along the way by those who invested big in the early days.
Not so good with Masfen's placement though - some of the shares appear to have gone to short term punters who are selling back to the market.
Balance
26-03-2013, 10:40 AM
lol, I sleep like a brick every night no matter what the SP does as I know we are all on to a winner ;)
You, Sir, are incorrigible!
You should go and meeting the team at PEB one of these days - they went through hell and back with their dream and they have done well. Your enthusiasm will be good for them!
lol, I sleep like a brick every night no matter what the SP does as I know we are all on to a winner ;)
PEB knocking on PPL's door for a place on the 50 ;)
Must enter at number 44 or better, unless something is deleted.
Thanks. Few more to go then. Who's at 45 at the moment?
Bjauck
26-03-2013, 01:36 PM
70,71,69,70,68,70,71,72 and even 80!
Sounds like census day at a Ryman village.
Let's not devote time to smiling or frowning over today's price, yesterday's price and tomorrows price.
It is the story we need to focus on.
PEB has a great product. They have a certified lab. Now they need to start selling.
I'm pretty confident they are focusing heavily on their marketing.
My Dad is in a retirement complex...early seventies would young for the village! He and I have shares in MET, RYM and SUM and he lives at complex run by a different company...go figure!
Once PEB's research and products become better known, what are the chances that the company will be snaffled up by an overseas outfit? NZ has a poor history of keeping its success stories as companies listed on the NZX. NZers and our governments have been content to let real estate swallow up our savings and capital/borrowings instead.
44 RBD $281m (market cap)
45 HLG $263m
46 SUM $246m
47 MHI $245m
48 STU $231m
49 PPL $189m
50 TLS $161m.
PEB $190 (68c)
Obviously liquidity requirements also.
Everything changes once the SOEs come to market.Is there an online source for that or is that from your broker (or other secret squirrel location?).
With two SOE's, and potentially 'Z' to be IPO'ed this year (plus other small ones which are unlikely to hit the NZX50), those bottom three will likely fall out. PEB would have to hit $1 to get into the '50. Assuming the others didn't change.
No online source. I do it quarterly myself. Happy to post the TOP 50 somewhere quarterly if that helps. PEB could enter the NZX50 in the next quarterly review if someone is deleted due to lack of liquidity for example. If not then yes, it would have to be around $1. :)
Given index weightings can drive up a shareprice, I would be interested. Maybe start a new thread and we can all speculate who will be added/dropped at the next update. Liquidity seems to be the complicating factor.
Joshuatree
26-03-2013, 05:34 PM
You can get the top 10, 15 , 20, and 50 on the NZX indices of course but without mktcap. Call me naive and my timing is way out risk/reward wise maybe but im in today @68c.
JohnnyTheHorse
26-03-2013, 06:50 PM
http://www.proactiveinvestors.com.au/companies/news/41263/cellmid-licensees-advance-commercialisation-of-lung-bladder-tests-41263.html
The licence between Cellmid and Pacific Edge, which was agreed to in 2010, provides for a milestone fee payable in shares, which is due on the first sale of Cxbladder in the U.S.
Looks like we could be seeing some more selling pressure soon ;). On a more serious note, just look at how it recently dipped to 54 and then shot up to 79 in a short space of time. It looks like the buying depth is a bit shallow, so we could see a bit more downside, but it'll shoot back up at some point. Just put it in the bottom drawer for a little bit. Even if you were in it for the trade and are currently down, I'm sure it will be at least $1 before we see any sales results.
Snow Leopard
27-03-2013, 01:19 AM
Yes, do not be disheartened people, a little consolidation never hurt anyone! That price target of 65 cents looks ever closer now. However, take a look at your basic charts and see that uptrend. It will continue, mark my words. The next announcement from PEB will be a catalyst for the uptrend to continue. Can't go up forever in the short-term unfortunately. Let the traders trade and be happy knowing this company is a cracker ;)
Avid reader of this thread, I look in once a day when I read Dilbert (http://www.dilbert.com/), Sinfest (http://www.sinfest.net/), Ubersoft (https://www.eviscerati.org/comics), Pearls before Swine (http://www.gocomics.com/pearlsbeforeswine/) and Calvin & Hobbes (http://www.gocomics.com/calvinandhobbes/).
Best wishes
Paper Tiger
POSSUM THE CAT
27-03-2013, 10:22 AM
Paper Tiger Yes it is just as big of laugh as those you mention
Minerbarejet
27-03-2013, 10:45 AM
Yes, do not be disheartened people, a little consolidation never hurt anyone! That price target of 65 cents looks ever closer now. However, take a look at your basic charts and see that uptrend. It will continue, mark my words. The next announcement from PEB will be a catalyst for the uptrend to continue. Can't go up forever in the short-term unfortunately. Let the traders trade and be happy knowing this company is a cracker ;)
Suppose I should get a few FSF to go with the PEB - then I could have crackers and cheese while I'm waiting. :)
robbo24
27-03-2013, 10:49 AM
Suppose I should get a few FSF to go with the PEB - then I could have crackers and cheese while I'm waiting. :)
And some Ryman, just in case you're waiting forever.
Balance
27-03-2013, 12:39 PM
Very funny... :t_up:
Good one!
Have just told my broker to include me in the next selldown to 65 cents.
No point standing in the way of those who want to take and lock in some of the fantastic profits made in the last year from PEB.
Like Diligent, short term upwards momentum has stalled and if history is any guide, could be for a few months. Cool cucumbers.
lastmoa
27-03-2013, 07:20 PM
Why has this PEB chat-stream degenerated? Can we get this back onto constructive comment/discussion?
Dentie
27-03-2013, 07:39 PM
Why has this PEB chat-stream degenerated? Can we get this back onto constructive comment/discussion?
I'm with dellow .... let's just play nice and keep it relevant share investing and PEB in particular. Go to another thread (or start another one) if you want to get into this sort of thing.
Balance
28-03-2013, 12:36 PM
Why has this PEB chat-stream degenerated? Can we get this back onto constructive comment/discussion?
Give a cat enough rope and he will tangle himself and probably, hang himself.
18/03/2013 11:08
GENERAL: PEB: Pacific Edge's US Laboratory Receives CLIA Registration.
........................ We will be launching with a new web site and a US specific marketing strategy. This is an exciting time and a great growth opportunity for a New Zealand company and is anticipated to be the gateway to a strong revenue performance for Pacific Edge. " David Darling says.
Link to possible new American Cxbladder website ???? (http://us.cxbladder.com/)
You are very good at finding these things aren't you Hancocks...
POSSUM THE CAT
28-03-2013, 03:06 PM
This looks like a pump & dump exercise
robbo24
28-03-2013, 03:42 PM
Would be interested in your thoughts?
Yeah come on Possum - don't needlessly throw away all of your credibility making outlandish comments with no justification...
blobbles
28-03-2013, 04:09 PM
Pump and dump?
The share price has reflected ongoing ACTUAL improvements to the business prospects. Previous announcements by PEB show they are at a position where they can sell a better product than what is currently available to a huge market.
If that's "pump and dump", then 90% of share price rises must be the same...
Going back to numbers, remember that if these guys hit 10%, that represents around $100 million in revenue in US$. They want to do this in 5 years, I reckon they could do it a lot quicker though... but I like it how David sets the numbers low. Under promise and over deliver is a lot better than over promising and under delivering (a-laaa Rakon).
If your statements were university (or even high school) level essays the teacher would grade them an F. You need to a) explain your rationale and b) provide evidence for that rationale. Otherwise it's just useless claptrap and belongs on the likes of Yahoo Finance or Trademe.
Please up your game :t_down:Coming from irrational exuberance himself - that is a telling off.
POSSUM THE CAT
28-03-2013, 05:07 PM
I have seen no convincing argument from the positive posters about why this is such a good share to own. Also anybody who criticizes it get bagged for being Jealous because they do not own it. So my impression of all the posts here is that most people here are trying to pump the hell out of it. My impression is it is a highly speculative stock that does not fit with my investment philosophy. If for a straight gamble it would have to have far better press & facts than has been posted here.
JohnnyTheHorse
28-03-2013, 05:25 PM
I have seen no convincing argument from the positive posters about why this is such a good share to own. Also anybody who criticizes it get bagged for being Jealous because they do not own it. So my impression of all the posts here is that most people here are trying to pump the hell out of it. My impression is it is a highly speculative stock that does not fit with my investment philosophy. If for a straight gamble it would have to have far better press & facts than has been posted here.
So a greatly superior product, $100 million revenue expected in 5th year and what appears to be a pretty sound commercialisation plan isn't enough to even slightly convince you that this stock may be a good one to own? Not to mention enough to convince you to do your OWN research before commenting on something that you don't really know about.
Christ, you're harder to please than a woman.
Dentie
28-03-2013, 05:41 PM
18/03/2013 11:08
GENERAL: PEB: Pacific Edge's US Laboratory Receives CLIA Registration.
........................ We will be launching with a new web site and a US specific marketing strategy. This is an exciting time and a great growth opportunity for a New Zealand company and is anticipated to be the gateway to a strong revenue performance for Pacific Edge. " David Darling says.
Link to possible new American Cxbladder website ???? (http://us.cxbladder.com/)
'Loop Solutions' Dunedin, web designers of the Cxbladder web sites for PEL (PEB) & PEDUSA - 'from memory' ..
Seems to be here...
http://www.cxbladder.com/home
Dentie
28-03-2013, 05:48 PM
I have seen no convincing argument from the positive posters about why this is such a good share to own. Also anybody who criticizes it get bagged for being Jealous because they do not own it. So my impression of all the posts here is that most people here are trying to pump the hell out of it. My impression is it is a highly speculative stock that does not fit with my investment philosophy. If for a straight gamble it would have to have far better press & facts than has been posted here.
Possum, I fully respect your decision not to invest in PEB. That's up to you. Perhaps if you used a better choice of words when describing what you (or others) may want to do with their appendages you might get a better reception on this thread. I am still very much a learner on investing in shares and although I agree it has been a speculative stock, even I can see that it is very much worth the speculation. Just don't invest at the top Possum ....
Balance
28-03-2013, 06:03 PM
"When arguing with fools, don't answer their foolish arguments, or you will become as foolish as they are."
"Never argue with a fool, onlookers may not be able to tell the difference”
Time to move on, folks, let the fool carries on his merry way and stay foolish.
I have seen no convincing argument from the positive posters about why this is such a good share to own. Also anybody who criticizes it get bagged for being Jealous because they do not own it. So my impression of all the posts here is that most people here are trying to pump the hell out of it. My impression is it is a highly speculative stock that does not fit with my investment philosophy. If for a straight gamble it would have to have far better press & facts than has been posted here.It isn't a blue chip stock, clearly speculative.
However, it does have FDA approval and clinical studies showing it is better than the existing tests. It now needs to get sales and is targeting just 5% of the US market which will bring in $100m. At that level of sales, the share price will be significantly higher, the current shareprice reflecting the risk.
Given it is the better product, the risk in not reaching that 5% goal is that it gets disproved or an even better test comes along.
Snow Leopard
28-03-2013, 06:41 PM
Hi Dentie, that is the NZ website, click the URL in my post and if you read the address - it is US Cxbladder and this is their registered US domain name. The US site was operational for a year or so, and has only very recently been 'taken down' this could be a testing phase and the new site should be live again very soon, could be worth a look.
http://us.cxbladder.com and http://www.cxbladder.com are actually just different pages on the same website [IP: 54.252.103.2]. They are using sub-domains to direct to the different pages.
Best wishes
Paper Tiger
POSSUM THE CAT
28-03-2013, 07:02 PM
Johnny the Horse enough to have capital appreciation of 36 grand so far this calender year without playing with the likes of PEB. So why bother with these highly speculative shares you would have said BLT was a good share to buy some years ago.
JohnnyTheHorse
28-03-2013, 07:16 PM
Johnny the Horse enough to have capital appreciation of 36 grand so far this calender year without playing with the likes of PEB. So why bother with these highly speculative shares you would have said BLT was a good share to buy some years ago.
Why bother with them? Clearly its the returns. Sure, you win some and you lose some. The great thing is that you can only ever lose what you invested, whereas you gain over 20x of your original investment if it goes well. If you play your cards right and do your research then you can make incredible gains that can't be made with bluechips.
blobbles
28-03-2013, 07:21 PM
I don't think Possum's being foolish, he just has a different mind set around investing and is considerably more pessimistic than us optimists in this thread.
But you were in for a bit of a slagging Possum for not justifying your claims of "pump and dump".
Its fine for someone to see something differently that others and we should encourage such dialogue. Not agreeing with each other is also fine as long as we take the time to understand the other sides point of view.
PEB's got to execute their vision now, which hopefully (as a shareholder) they can do well. But it certainly won't all be plain sailing with a number of strong competitors out their who may be working on the next big thing themselves...
winner69
28-03-2013, 07:53 PM
A woman gets on a bus with her baby. The bus driver says: "That's the ugliest baby that I've ever seen. Ugh!" The woman goes to the rear of the bus and sits down, fuming.
She says to a man next to her: "The driver just insulted me!"
The man says: "You go right up there and tell him off – go ahead, I'll hold your monkey for you."
No jokes allowed on this thread ....please keep comments to sensible constructive positive discussion about PEB
Minerbarejet
28-03-2013, 07:58 PM
its his thread
winner69
28-03-2013, 08:28 PM
its his thread
OK HE IS FORGIVEN THEN
Good to see that he and his followers do have a not so serious side .... even a sense of humour .... probably even have life outside of PEB
Good stuff Hancocks .... more jokes or funny stories please .... and please nothiong associated with the bladder
Balance
28-03-2013, 08:45 PM
OK HE IS FORGIVEN THEN
Good to see that he and his followers do have a not so serious side .... even a sense of humour .... probably even have life outside of PEB
Good stuff Hancocks .... more jokes or funny stories please .... and please nothiong associated with the bladder
Hancocks is a class act - anyone bothering to follow his postings on PEB have done very very well.
Contrast that with those who do no research, contribute bugger all except unadulterated hogwash.
Well, W69 - you know the ole saying - there is class and then, there is crass.
Notice admin has pulled some of the postings from yesterday?
Pity we have to put up with those crass and contemptible ignorant comments from some posters until admin gets into gear.
I guess it is only to be expected when there are people who cannot escape their peasant stock background?
Minerbarejet
29-03-2013, 08:56 AM
Pity we have to put up with those crass and contemptible ignorant comments from some posters until admin gets into gear.
I guess it is only to be expected when there are people who cannot escape their peasant stock background?
I say old chap, one is dreadfully sorry to hear that you have sustained serious injuries from shooting yourself in the foot. Can one safely assume you will be off, balance, for a while?
Hancocks is a class act - anyone bothering to follow his postings on PEB have done very very well.
Contrast that with those who do no research, contribute bugger all except unadulterated hogwash.
Well, W69 - you know the ole saying - there is class and then, there is crass.
Notice admin has pulled some of the postings from yesterday?
Pity we have to put up with those crass and contemptible ignorant comments from some posters until admin gets into gear.
I guess it is only to be expected when there are people who cannot escape their peasant stock background?
Really Balance-thats a bit rich,coming from you.
Everyone knows this is a speculative share to a certain extent and no one is a fool for stating their honest opinion.
You dont have to agree and your welcome to post your reasons why you dont agree--but name calling is just emotive garbage.
IMHO alot more would take you seriously if you kept it constructive.
Balance
29-03-2013, 10:09 AM
I say old chap, one is dreadfully sorry to hear that you have sustained serious injuries from shooting yourself in the foot. Can one safely assume you will be off, balance, for a while?
W69 knows exactly who and what we are talking about.
Ain't got nothing to do with him.
Those of you who don't what and who we are writing about and can't be bothered doing a bit of reading and research, relax and enjoy your Easter.
And oh, btw, if the shoe fits, wear them.
Balance
29-03-2013, 10:14 AM
Why has this PEB chat-stream degenerated? Can we get this back onto constructive comment/discussion?
I am sure skid and majorbarejet can respond resoundingly.
Balance
29-03-2013, 10:40 AM
Really Balance-thats a bit rich,coming from you.
Everyone knows this is a speculative share to a certain extent and no one is a fool for stating their honest opinion.
You dont have to agree and your welcome to post your reasons why you dont agree--but name calling is just emotive garbage.
IMHO alot more would take you seriously if you kept it constructive.
Ask yourself if you responded and contributed to the degeneration which we witnessed the other day.
Then, cast your first stone.
Happy Easter.
Here is a link to WikiPedia's Bladder Cancer Search Results (http://www.amdjournal.com/wiki/pedia.aspx?u=Bladder_cancer) which has a lot of good information for those wanting a background to the disease.
Here is a link to the Pacific Edge Limited Cxbladder Cancer Test (http://www.cxbladder.com/how_does_cxbladder_work) with information (text) and 3 good videos (link at the bottom of page) about their test and the results. This is the Cxbladder test that is:
Presently being marketed in Australasia.
Ready to be marketed in America via the Pacific Edge Diagnostic USA (PEDUSA) laboratory which now has CLIA approval and is ready to go; and,
Soon (next few months) to be marketed in Spain and Portugal.
And the following links are to the existing genetic marker tests (mentioned in the WikiPedia article along with Cxbladder) that are currently on the market; hopefully, we can tap into those existing customers with this superior product and obviously generate new customers.
Cxbladder was tested against NMP22 in the clinical trial.
Cxbladder Clinical Trial Results (http://www.cxbladder.com/cxbladder_clinical_study)
Originally developed by Matritech in 2007 – now owned by Alere.
Alere NMP 22 Bladder Cancer Test (http://www.alere.com/us/en/products/brands/nmp22.html)
It is interesting to note the limitations listed in the UroVysion test, then compare with Cxbladder.
Abbott Molecular UroVysion Bladder Cancer Test (http://www.abbottmolecular.com/us/products/oncology/fish/bladder-cancer-urovysion.html)
CertNDx – have a look at the ‘What Do Your Results Mean?’ section, then compare with Cxbladder.
Predictive Biosciences CertNDx Bladder Cancer Test (http://www.predictivebiosci.com/for-healthcare-professionals/CertNDx_BCA_Hematuria.cfm)
Another amazing Hancocks announcement! Doesnt go unappreciated :)
Balance
29-03-2013, 04:17 PM
Another amazing Hancocks announcement! Doesnt go unappreciated :)
That is why he is a class act.
Contrast that with the degenerative puerile peasant class comments from some of the posters.
buncs
29-03-2013, 06:52 PM
As a newby to trading I was so pleased with myself when two weeks ago I bought PEB at 63c and before long it was showing upper 70's. They got the go-ahead for the US lab and I thought the world's my oyster. So, I was flabbergasted when Masfen almost immediately dumped 10 milliom shares and the share price plummeted to 68c. Why would the Masfens sell now, I thought? Why would they not hang on with things looking so good? Do they know something that we are not party to?
When I calmed down, I came to the conclusion that the Masfens as large backers of Pacific Edge, now felt that the company did not need so much backing, and that they might as well take advantage of the huge profits they have made on their original investment.
Would this be the case?
Also, it would seem a lot of influence on share price must come from the promise or the potential. Now that PEB have got the go ahead in the US (and assuming no big news from the other potential customers), are we just going to see an upward trickle in the share price as US sales slowly build?
JUst one more question. Does what took place with the Masfen sell-off happen frequently? I ask so as to look out for it in the future.
barney
29-03-2013, 07:19 PM
I guess everyone has different reasons for selling and I would'nt know why Masfen has sold down some of their holding.
I have'nt done any calculations, but I would imagine that by selling 10m shares at 65c, they may well have got back all their original investment and then some.That means a big reduction in risk so it's probably not a bad move.
It is going to take a while to build sales so I would'nt be looking for anything fantastic in the short term. What might drive the shareprice higher in the months ahead is more deals in other regions or with large customers in the US.
It could be any number of things ,but selling enough to ''free carry''is certainly a common ploy.
One would think things would be slow and steady at this point,but you never know with this share.
The market in general is the other factor.
Outside influences can have a major impact.
If there is a correction[and the market is looking overbought IMHO]and you have faith in the basics of the co.,then thats the time to buy in[or dont sell]whatever the case may be.
Who knows,maybe Masfen is anticipating a market correction,but most likely is booking some profits.
That is why he is a class act.
Contrast that with the degenerative puerile peasant class comments from some of the posters.
I rest my case... Have a good Easter folks.
Balance
30-03-2013, 10:41 AM
I rest my case... Have a good Easter folks.
The shoes fit, wear them.
PS. Care to repost the postings pulled by Admin?
Your absolutely right Sparky.
I said ''to a certain extent''but didnt mean to give the impression it was necessarily a bad investment.
But I believe you,as well as other informed posters have brought up the fact that there is an element of speculation in terms of variables.
My point was simply that insinuating that someone is a fool for being cautious is not really constructive.
It wasnt my intention to slag the co.
The shoes fit, wear them.
PS. Care to repost the postings pulled by Admin?
?????????? As far as I know I hav'nt had any posts pulled--care to elaborate?
Absolutely right Hancock --back to PEB...focused...oh yea that is a nice butterfly..ah its just a fly.Doh!
karen1
30-03-2013, 01:44 PM
OK kiddies, time to pick up your toys and go home to mum, who would no doubt have long since said something about banging some heads together. As an avid reader of this thread, I am having more difficulty these days weeding out the wheat from the chaff. I did read an extremely unpleasant post a few days ago, which was rightfully deleted, along with another which referred to it. ST can do without that sort of thing.
All the recent mud slinging going on in this thread reminds me of the people we pay to "run" this country. I thought ST posters were of a far better calibre than that!
Sparky, Hancocks and the few others who add real value, please keep up you're excellent, informative posts, I learn much from them.
Snow Leopard
30-03-2013, 02:43 PM
… oooh, look a butterfly!
If that is the butterfly that causes hurricanes round the world, could you give it a good talking too please?
It's a long weekend for you guys -- why are not at the beach?
Best Wishes
Paper Tiger
macduffy
30-03-2013, 03:22 PM
It's a long weekend for you guys -- why are not at the beach?
I've been there. Nothing happening.
(Sorry, Karen. Won't do it again!)
:)
karen1
30-03-2013, 04:36 PM
I've been there. Nothing happening.
(Sorry, Karen. Won't do it again!)
:)
haha macduffy, please keep on posting yours!
ST is a most valuable learning platform, most of the time!
And PT, it aint beach weather in my part of town, more like storm brewing weather...
Snow Leopard
30-03-2013, 09:28 PM
...it aint beach weather in my part of town, more like storm brewing weather...
See, that damned butterfly again.
Best wishes
Paper Tiger
Minerbarejet
31-03-2013, 09:22 AM
As there is no trading on and this thread is quiet ATM - My name has been mentioned as part of a recent disturbance on this thread. If anyone has taken umbrage at anything I have said then I apologise profoundly.
Sayings, anecdotes, humour, sarcasm, and puns have formed a large part of my life so far. Sometimes it is very easy to get carried away. As penance I have read this entire thread from the beginnning and changed my avatar to reflect my true status.
From a TA point of view, this puppy is on the way down :( slow trickle downwards until the next announcement I feel! Good thing my average price is quite below current price - welcome to the patience game!
JohnnyTheHorse
03-04-2013, 07:00 PM
I suspect 65 will be a strong support, but who knows, it could do anything (upwards or downwards). I'm expecting an announcement to be made regarding an issue of shares to Cellmid very soon (indicating the first sale made in the US).
I'm very novice, but I agree with Johnny. Don't personally feel TA to be that strong for low volume lower liquidity stocks.
Could also maybe argue TA suggests price might hold or rally: the exponential 60 day moving average could be viewed as a support and stochastic oscillator indicates the stock might be oversold.
Not sure on the dates for this year, but PEB released prelim full year results last year on May 25th, and annual report 4 Jul. Next few months should be interesting.
buncs
03-04-2013, 08:51 PM
I am actually going to pose a general question to the experts, but it mentions PEB, so I thought it OK to pose it here.
As a very junior in trading I have in my first few weeks come to the general conclusion that shares move more on promise and speculation than on real hard "getting real results". Three of the stocks I have been following have exemplified this, one of which is PEB and the others, I apologise, are ASX stocks.
PEB - all looking good on promise of a start in US. They get the OK for the lab, and down goes the share after the biggest highs.
BSL - Bluescope Steel. All going well with news of joint venture with the Japs, then bingo, down it goes when all signed up with them.
AUT - Aurora Oil & Gas. Similar thing. Share price rising on promise of acquisition of more drilling land (Eagle Ford), and down it goes when all signed and sealed.
Are these observations of mine what generally happens with stocks?
lastmoa
03-04-2013, 09:15 PM
buncs, its called buying the rumour and selling the fact. if the results are positive then hold for the next run up ;)
Yes Buncs. If you have done your research and, in your gut instinct, believe in the stock, what is happening to you can be called AN OPPORTUNITY.
Buy more on the dip if you are in a position to. Ether way, do what moosie says and wait for the upswing.
BIRMANBOY
03-04-2013, 09:35 PM
Heres an analogy for you...so you turn up at the race course with your hard earned dough and say to yourself. "Buncs my boy, whats the point of putting $2 for a win on the favourite..its returning $2.20 ..whats the point?" "I'm going to go for the outside paying 80 to 1 and make it worthwhile" . Meanwhile your Mum has put $10 for a place on one of the favourites. You know the rest of the story. Remember the play/spec money should be recognised for what it is...looooong shots. In answer to your rhetorical question about ..is this what happens to stocks... if you want success to be more than a one in 50 shot you obviously have to be more objective about what you are "investing" in.
I am actually going to pose a general question to the experts, but it mentions PEB, so I thought it OK to pose it here.
As a very junior in trading I have in my first few weeks come to the general conclusion that shares move more on promise and speculation than on real hard "getting real results". Three of the stocks I have been following have exemplified this, one of which is PEB and the others, I apologise, are ASX stocks.
PEB - all looking good on promise of a start in US. They get the OK for the lab, and down goes the share after the biggest highs.
BSL - Bluescope Steel. All going well with news of joint venture with the Japs, then bingo, down it goes when all signed up with them.
AUT - Aurora Oil & Gas. Similar thing. Share price rising on promise of acquisition of more drilling land (Eagle Ford), and down it goes when all signed and sealed.
Are these observations of mine what generally happens with stocks?
robbo24
04-04-2013, 09:10 AM
The US Cxbladder website has been 'taken down' for upgrading; am I noticing new logo in the address bar??
US Cxbladder web site development (http://us.cxbladder.com/)
It looks like a bladder!
Banksie
04-04-2013, 09:26 AM
The US Cxbladder website has been 'taken down' for upgrading; am I noticing new logo in the address bar??
I think it is just the logo of their webdesign company http://www.firebrand.co.nz/
BIRMANBOY
04-04-2013, 11:34 AM
I can understand your uneasiness with the thought that what you do could be thought of as betting but if it looks like a duck, quacks like a duck and walks like a duck...then what else is it? So the the concept of DYOR is great but is limited to your resources, the accuracy of the info you retrieve (or are fed) and lastly and most importantly the individual capability and experience of the person "doing the research". Absolutely correct in that every now and then will come a "big bang" and everything will seem as if it is all worthwhile.....all the failures, liquidations, mysterious share drops and regular requests for more capital will be conveniently forgotten in the euphoria of the big one. Buncs was asking if this was what he could expect. Moosie is a believer and nothing wrong with that. We all believe what makes us happy but its just self delusion to believe we are somehow able to pick all the long odds at a better rate than highly trained and inside movers and shakers. When tou get right down to it ...we are all betting..its just the difference in odds at that seperate us. I'm betting that WHS, TEL,TUA etc will continue to pay good dividends. Traders are betting that there is a cycle they can identify and exploit and spec/penny dreadfull followers are betting that the occasional winner will outdo the the inevitable disasters. My point is you need to recognise what you are doing and come to terms with that or adjust it to suit.
I'm kind of uneasy about all the references to betting that are now popping up on here. if you DYOR and follow the fundamentals (most of the time. think xro...) then it should not be seen as betting. knowledge is always power, and the more you know and sooner you keep up with the times the more you capital you will end up with. even when blt was the 100 to 1 I still made money off it from my knowledge of ta and market psychology, not a lucky punt...
winner69
04-04-2013, 11:47 AM
I'm kind of uneasy about all the references to betting that are now popping up on here. if you DYOR and follow the fundamentals (most of the time. think xro...) then it should not be seen as betting. knowledge is always power, and the more you know and sooner you keep up with the times the more you capital you will end up with. even when blt was the 100 to 1 I still made money off it from my knowledge of ta and market psychology, not a lucky punt...
Same ethos some of the greatest punters in the world ...DYOR ....the more they research, the more they know, the sooner they keep with the latest news ....the greater the probability of calculatedreturns paying off
Birman is right .... 'Investing' is really just one big gamble
Toasty
04-04-2013, 12:11 PM
I don't like the fact that one of the synonyms for Investment is Plunge...I wonder if the context is "you should plunge into the share market" or "the share market will plunge after you invest?"
Plunge. Say it lots. Its sounds very strange after a few times...
lastmoa
04-04-2013, 12:29 PM
I don't like the fact that one of the synonyms for Investment is Plunge...I wonder if the context is "you should plunge into the share market" or "the share market will plunge after you invest?"
Plunge. Say it lots. Its sounds very strange after a few times...
This all sounds like it is digressing from PEB into a whole new thread.
winner69
04-04-2013, 01:30 PM
I don't like the fact that one of the synonyms for Investment is Plunge...I wonder if the context is "you should plunge into the share market" or "the share market will plunge after you invest?"
Plunge. Say it lots. Its sounds very strange after a few times...
I see the list contains 'flutter, and 'speculate' and 'hunch' as well
Investing = gambling by the sounds of it
BIRMANBOY
04-04-2013, 02:06 PM
Not at all...those were taken directly from the "Mooseford Concise(ish) Dictionary" soon to be released and available from Amazon for three bales of hay and some lake fronds.:)
I see the list contains 'flutter, and 'speculate' and 'hunch' as well
Investing = gambling by the sounds of it
Some choices (whether investment or gamble) have more risk for the same level of expected return... (and generally the expected return of gambling ain't the best over a long period...)
Peter Lynch "An investment is simply a gamble in which you've managed to tilt the odds in your favor" (Which the people on these forums are reasonably interested in doing.)
JohnnyTheHorse
04-04-2013, 03:12 PM
Back to actually talking about PEB...
What's everyones view on the two disclosures just made? Looks like David Darling sold 100,000 to a Director (Colin Dawson) and then sold 200,000 on-market - all at $0.70. Always positive to see a director buying, as they only buy for one reason. Always makes you wonder when a CEO sells down, but it's only a small fraction of his shares. Who knows, maybe the kids needed new school uniforms?
BIRMANBOY
04-04-2013, 05:23 PM
Waste of your time MR. Ed...You'll never know why so pure speculation. However I might speculate that Directors only sell when price seems irresistable to them...thereby begging the question has it reached its expected high. Or for buying.....perhaps they want to be seen to be... "as I cant believe this is so low and I know its going up soon so I will buy some shares" ....so visible and such a strong message to send out to all the punters. So many possibilities..so much uncertainty. Melchett isnt another director is he?
Back to actually talking about PEB...
What's everyones view on the two disclosures just made? Looks like David Darling sold 100,000 to a Director (Colin Dawson) and then sold 200,000 on-market - all at $0.70. Always positive to see a director buying, as they only buy for one reason. Always makes you wonder when a CEO sells down, but it's only a small fraction of his shares. Who knows, maybe the kids needed new school uniforms?
buncs
04-04-2013, 08:11 PM
buncs, its called buying the rumour and selling the fact. if the results are positive then hold for the next run up ;)
That's a great answer in a nutshell. Thanks.
Whats happening? Big seller?
Probably not much will happen until further U.S news. Likely to be that the larger buyers are holding out for this, whilst some of the sellers are taking profits like Moosie said.
Balance
08-04-2013, 03:11 PM
Probably not much will happen until further U.S news. Likely to be that the larger buyers are holding out for this, whilst some of the sellers are taking profits like Moosie said.
Looks like 10m sold by Masfen has gone to short term traders.
More selling at 65 cents to come out, me thinkth.
Not a problem.
robbo24
08-04-2013, 03:20 PM
I don't think any of the good fortunes of this company have changed.
The only reason for the drop, in my view, is the 10m sell down has meant there is cheaper shares due to sellers and also existing large-holders have a deep/consistent market to sell shares... So perhaps long and short term profit taking.
The other perspective is of course that people are buying-in in big numbers at a relatively high price! :)
blobbles
09-04-2013, 11:33 AM
Its got back down to a steal price again... time to top up again methinks he hee heeee.
Interesting the SP pattern over the past 6 months, seems to me this might be the fall before the next major rally if the pattern continues to repeat itself.
A closer comparison would be GHDX
Balance
09-04-2013, 04:27 PM
Back to actually talking about PEB...
What's everyones view on the two disclosures just made? Looks like David Darling sold 100,000 to a Director (Colin Dawson) and then sold 200,000 on-market - all at $0.70. Always positive to see a director buying, as they only buy for one reason. Always makes you wonder when a CEO sells down, but it's only a small fraction of his shares. Who knows, maybe the kids needed new school uniforms?
David Darling will have taxes to pay after exercising and selling the shares he bought.
I suspect that's why he has to sell a few now.
Balance
09-04-2013, 04:28 PM
Looks like 10m sold by Masfen has gone to short term traders.
More selling at 65 cents to come out, me thinkth.
Not a problem.
Looks like the short term traders who bought off Masfen are cutting their positions and getting out.
They should have never bought in the first place but treat this as a valuable lesson for them?
brevos
09-04-2013, 04:58 PM
Hi guys, first time on Sharetrader!
Question for you all on PEB - does anyone have a good understanding of the current bladder cancer detection products/devices that would theoretically lose out if CxBladder takes off in the US?
My thinking here is that the US medical industry is very political and if a large corporate stands to lose significant share to CxBladder they may try and exert significant pressure (via lobbying etc) to slow down the growth of CxBladder in the US?
Balance
09-04-2013, 06:26 PM
Brevos, welcome to the PEB thread and Sharetrader!
There is heaps of information about what you want over the last 6-7 months of posts on this thread.
Start on page 9 of the 72 pages worth of posts!
http://www.sharetrader.co.nz/showthread.php?2705-Pacific-Edge-Biotechnology/page9
In a nutshell NMP22 and Cytology would be the losers. Cystocopy would be complemented by CxBladder.
The political risks have been raised by me in the past as well. Remember also that the USA is a litigous society where healthcare is dominated by the threat of malpractice. If CxBladder is better, then patients and health insurance companies will insist on urologists using it.
Exactly, STC. Litigation cuts both ways.
No need to panic, share prices can be volatile, this is no exception. No news has come out that changes the PEB story.
As far as I'm concerned, this is an Irish share price. It's Dublin so far, and will be Dublin yet again.
As long as its not Finnish LOL
Minerbarejet
10-04-2013, 07:20 AM
As long as its not Finnish LOL
:) tres droll, monsieur skeed:)
Balance
10-04-2013, 08:37 AM
IQ Arbitrage?
Not sure about IQ but traders have a different mindset to long term investors.
Buying PEB at 65 cents when sp was 73 cents looks like a no lose situation.
Problem is that you have a heavyweight investor like ACC who likes to trade around the edges to break the monotony of their average working day! And they play volume and hard!
I know one of the traders there and their days can be very long and boring.
Looked to me like a few traders cutting their positions at 63 cents yesterday.
Hope they sold a few at above 65 cents.
lastmoa
10-04-2013, 08:44 AM
Not sure about IQ but traders have a different mindset to long term investors.
Buying PEB at 65 cents when sp was 73 cents looks like a no lose situation.
Problem is that you have a heavyweight investor like ACC who likes to trade around the edges to break the monotony of their average working day!
Looked to me like a few traders cutting their positions at 63 cents yesterday.
Hope they sold a few at above 65 cents.
Yep, at 0.63-0.64, I'm loading up with some more. Like how the technicals are forming and the company's exciting long term prospects, so in for the long(ish) haul.
Balance
10-04-2013, 08:48 AM
Yep, at 0.63-0.64, I'm loading up with some more. Like how the technicals are forming and the company's exciting long term prospects, so in for the long(ish) haul.
I have taken my 50T sells at 69c and 70c out - they have done the job of spooking these traders out of their stock at breakeven or below breakeven price.
Snow Leopard
10-04-2013, 06:59 PM
I have taken my 50T sells at 69c and 70c out - they have done the job of spooking these traders out of their stock at breakeven or below breakeven price.
My hero
Best wishes
Paper Tiger
Zeitgeist
10-04-2013, 07:22 PM
Great find Hancocks. Couldn't agree more.
There's a lot of talk about hourly/daily movements in stock price. I'm sure that floats a lot of boats around here. But, as a relatively new Sharetrader contributor and fundie, can we kick off a discussion about what a fair price for PEB is?
I know CEO has talked up $100m earnings in a few years if they can get a chunk of the US market. I assume this is USD? Does PEB have an international currency risk specialist in senior mgmt/Board?
JohnnyTheHorse
10-04-2013, 07:51 PM
Great find Hancocks. Couldn't agree more.
There's a lot of talk about hourly/daily movements in stock price. I'm sure that floats a lot of boats around here. But, as a relatively new Sharetrader contributor and fundie, can we kick off a discussion about what a fair price for PEB is?
I know CEO has talked up $100m earnings in a few years if they can get a chunk of the US market. I assume this is USD? Does PEB have an international currency risk specialist in senior mgmt/Board?
Made an attempt here (very rough): #705 (http://www.sharetrader.co.nz/showthread.php?2705-Pacific-Edge-Biotechnology&p=398115&viewfull=1#post398115)
Looking at the P/S and P/E ratios of those estimates would say that those values are too high. However if Cxcolorectal is about to be commercialised in 4-5 years then maybe those numbers are fine? Who knows.
Zeitgeist
10-04-2013, 08:05 PM
Excellent. Thanks Johnny. I also see that some others had a crack at a price too. Obviously all of your projections are sensitive to your assumed NZ$1=US$0.8. Here's hoping, for PEB's sake, the US sorts itself out, the Fed can stop printing money, and we can get down to $1=$0.60-70!!
Can I ask 2 things based on your s/sheet?
1. What is your IV(Benjamin Graham) calculation? (I'm a little embarrassed to ask as a self-confessed fundie :()
2. Where did you find the Total US Assay Market figure (1825600)? Does the incidence of bladder cancer increase with age? If so, that's probably a conservative figure holding that constant out to 2017. USA has similar demographics to NZ I thought. And obviously, if PEB gets into Spain/Singapore/Aus etc then this figure is even more conservative!
JohnnyTheHorse
10-04-2013, 08:19 PM
Just another back of the envelope rough calculation of value. Check out http://en.wikipedia.org/wiki/Benjamin_Graham_formula. I got the market figures from something released by PEB (can't quite remember where).
JohnnyTheHorse
11-04-2013, 05:11 PM
I'm by no means a chartist, but based on history it looks like PEB is getting close to going on another big run (assuming history repeats, of course). What are people's thoughts?
4431
binary
11-04-2013, 05:37 PM
It takes news to start a run, good for up, bad for down. Not aware of anything at the moment Johnny.
Much like the good news that preempted the two previous runs.
Slam dunk
12-04-2013, 07:26 AM
Saw this on a media alert this morning...is this new/old news (sorry but busy day and no time to trawl through the thread)...
Brent Pownall has joined Pacific Edge Diagnostics NZ in Dunedin and will lead the commercial activity of Pacific Edge’s innovative and non-invasive bladder cancer diagnostic system Cxbladder in New Zealand and Australia. Pownall was formerly with MP Biomedicals (javascript:void(0);) as New Zealand sales director and country manager.
Banksie
12-04-2013, 08:28 AM
Saw this on a media alert this morning...is this new/old news (sorry but busy day and no time to trawl through the thread)...
Brent Pownall has joined Pacific Edge Diagnostics NZ in Dunedin and will lead the commercial activity of Pacific Edge’s innovative and non-invasive bladder cancer diagnostic system Cxbladder in New Zealand and Australia. Pownall was formerly with MP Biomedicals (http://javascript<strong></strong>:void(0);) as New Zealand sales director and country manager.
Originally published 4 March 2013
http://www.pacificedge.co.nz/news/article/40
Slam dunk
12-04-2013, 08:35 AM
Originally published 4 March 2013
http://www.pacificedge.co.nz/news/article/40
Thanks Banksie.
JohnnyTheHorse
12-04-2013, 10:35 AM
Check out the primary trend line moosie, we should be hitting it at about 62. Has bounced hard each time it has hit it. Food for thought ;)
JohnnyTheHorse
12-04-2013, 10:51 AM
Yes, I think 60 will be retested before too long though. Last trend went down to 54 before bouncing. Think 60-61 is your new buy in target if your feeling risque
I guess I may be able to throw in a few more pennies I find under the couch. I'm expecting a bounce to 90+ once it has tested 60-62. You game for it?
my wife and I have both had the Cxbladder test and will include it in our health management regime. Did you requested this from your doctor as a purely preemptive measure (ie. no reason to ask other than peace of mind?).
I wonder if this in another potential source of customers - there are many businesses testing healthy people - ones that spring to mind are WellnessFX who do regular blood tests and 23and me who do DNA (this is a once off rather than repeating)
Dentie
12-04-2013, 02:47 PM
It was part of the offer from Pacific Edge to shareholders ($250.00 each in 2011, I think) but now that we are aware of the aggressive nature of bladder cancer, and the fact that caught early it can be a simple fix, we will keep it as part of our peace of mind tests that are part of our health regime. We will be undertaking the test again. I will be approaching our GP for this shortly.
Thanks for the timely nudge Hancock's. Never even considered it as a pre-emptive measure - only as a reactive measure (blood etc). But, I will also include it in my annual GP check up. I have a sizeable PEB holding - maybe they have shareholder discount ... written with tongue in cheek!! Happy to pay.
Dentie
12-04-2013, 04:22 PM
FROM PACIFIC EDGE DOCUMENTATION 21 JUNE 2011
There are a number of 'at risk' occupations that have shown a much higher incidence of bladder cancer. Fire fighters and fire control officers have shown in a US study to have a 2x incidence of bladder cancer over non fire fighters. Smoking is a significant contributing factor (over 50% in males and 33% in females, approximately 1 of every 2 new incidences of bladder cancer is linked to smoking). Exposure to certain industrial chemicals or carcinogens increases risk for some occupations e.g. hairdressers, painters, printers, fire fighters and metal workers, chemical engineers. Finally, incidence increases with age so the older you are, the greater the potential for bladder cancer.
Bladder cancer has a very high recurrence rate of approximately 70% with 30% of these recurring as later stage tumours. This is a higher recurrence than for skin cancer! However, bladder cancers are highly treatable, especially if detected in the early stages. If diagnosed early there is a much higher probability of survival for early stage tumours relative to later stage tumours. This makes timely and regular surveillance and monitoring of this cancer a key element of the clinical process and of the individual's annual healthcare plan.
scary ... but with a nice ending twist!
Just found this text below to support the text above; and, to highlight the value of the product we have invested in; my wife and I have both had the Cxbladder test and will include it in our health management regime. Mind you, it doesn’t help if you get hit by a bus or something, but eliminating as much as ya can gives a degree of comfort.
Science Daily
By the time a third of people are diagnosed, bladder cancer has invaded from the bladder lining into the bladder muscle. Gold-standard treatment includes surgical removal of the bladder and the surrounding lymph nodes; some people also undergo radiation treatment. Even with these treatments, the cancer will recur and spread in about half the people,which is almost always fatal.
Well you have certainly put your money where your mouth[and bladder]is Hancock-how much was the test?
My Dad had bladder cancer -and believe it or not ,my Auntie got hit by a bus[not killed though]
POSSUM THE CAT
13-04-2013, 03:04 PM
Hancocks depends on what the fluids are.
Hi Skid, the test then was discounted at $250 for shareholders in 2011.
I don’t mind the expense ($300 without discount) because I’m only alive today because I pushed for a colonoscopy when I was 50; by the time the 80% insurance refund is removed from that procedure they are about the same.
Eventually it should be a medical insurance item, but that would be for patients presenting with haematuria, not just peace of mind checks. So with Cxbladder, 5 yearly colonoscopies and PSA blood checks (prostate) etc. I have quite a good handle on my health. I just need to cut down on the booze and recreational drugs, eat less fat and exercise more. BUT – I am good at looking left and right when I cross the road!
Yes ,its amazing how in todays health system you sometimes have to fight tooth and nail for tests that are recommended-guess we just have to get used to paying.
My doctor told me you cant even get a hernia op0 on the health system [they keep bumping you off the list indefinitely]although I do have a friend who managed to get his sorted.
So I gather you are saying you get the cx test even if you have no symptoms just to be safe?
Could just be one seller selling his $100k parcel?
robbo24
15-04-2013, 11:50 AM
Looks like it that's for sure. Need more buyers to firm it up though, panic could set in now. Remember, the stock is still (a bit) speculative!
I'm in a speculating mood and always happy to speculate at a discount - so I just bought some more.
Snow Leopard
15-04-2013, 12:08 PM
I have taken my 50T sells at 69c and 70c out - they have done the job of spooking these traders out of their stock at breakeven or below breakeven price.
Having suggested previously that a degree of caution was warranted with this share, given that their was so much uncertainty and, from certain quarters, dreaming over future earnings, I was accused of sour-grapes because I failed to buy in at 20c.
Anyways it looks like that I can always buy in at 20c next time :), unless our Super-Hero once again steps in to manipulate the market for you.
Best Wishes
Paper Tiger
Disc: Failed to buy in at any price and so, so regret it. :D
Balance
15-04-2013, 12:24 PM
Having suggested previously that a degree of caution was warranted with this share, given that their was so much uncertainty and, from certain quarters, dreaming over future earnings, I was accused of sour-grapes because I failed to buy in at 20c.
Anyways it looks like that I can always buy in at 20c next time :), unless our Super-Hero once again steps in to manipulate the market for you.
Best Wishes
Paper Tiger
Disc: Failed to buy in at any price and so, so regret it. :D
Always here, PT.
The market ebbs and flows, and that's the way I LIKE it!
PEB is similar to Diligent in so many respects and I hope you have done as well in Diligent as may of us have, through the ups and downs.
Remember how Diligent went from 20c to 42c in 2009, then crash down to 25c and then, zoom up to 70c? All in last than 6 months?
Guess who bought then? And guess who immediately came out of the woodwork and declared it was all over for Diligent at 30c on the way down?
Stay with Mighty River and Auckland Airport if you prefer a smoother ride.
Always nice to have cool melons on a hot day.
GRIFFIN
15-04-2013, 01:05 PM
Don't ya just love a stock like this with a bright future getting bashed around i suppose this is how the cool customers make money from the nervous. Hmmm so where is the low point to have a crack.
blobbles
15-04-2013, 01:10 PM
SP dropping around 20% in a few weeks based on no news? I guess no news is considered bad news. The fundamentals of the company haven't changed since mid-March, it looks like a great company on the cusp of success. All we are waiting for is the translation into sales.
If I had any spare cash now, I know where I would be putting it! Who on earth is selling and why? A good example of why I dislike short term trading philosophy as it scares us long termers into doubting our analysis. Or it makes us think some information has leaked somewhere before it is released etc. To me, dropping 9% in one day based on no information doesn't make sense.
lastmoa
15-04-2013, 01:26 PM
SP dropping around 20% in a few weeks based on no news? I guess no news is considered bad news. The fundamentals of the company haven't changed since mid-March, it looks like a great company on the cusp of success. All we are waiting for is the translation into sales.
If I had any spare cash now, I know where I would be putting it! Who on earth is selling and why? A good example of why I dislike short term trading philosophy as it scares us long termers into doubting our analysis. Or it makes us think some information has leaked somewhere before it is released etc. To me, dropping 9% in one day based on no information doesn't make sense.
Yes, seems most investors, including me, are waiting for positive update news. Just some are nervous and exasperating the selling as the stock seems to be getting pulled down (imho). Dipped below my MA so been picking up a few more as long on what I see is a v.promising story. I'm holding and adding where I can.
POSSUM THE CAT
15-04-2013, 02:08 PM
MY opinion only After the pump there always comes the dump. I will not play with these types of shares as it would alter my Tax Position. After I buy a share I usually hold it for at least two years. I still have some I bought in 1987.
robbo24
15-04-2013, 03:03 PM
If you don't mind sharing PtC, what share is it that you still hold from 1987?
It's got to be Apple!!
Dentie
15-04-2013, 03:08 PM
Of course, you can be a long term holder in any kind of equity - Pacific Edge included. There are some like Moosie who enjoy and hopefully profit from short term buying and selling, but also some who bought the vast bulk of their holding in late 2011, and earlier!
If you don't mind sharing PtC, what share is it that you still hold from 1987? There aren't too many left from those days!
Sparky, I would apprecaite a bit more education please... Taking into account all said on the thread today, I have just checked the depth ans see "small" holders coming on at 59, 60 & 61 etc since the price dropped today. Given nothing has actually changed with the Company's fundamentals (and discounting any possible insider knowledge), why would these holders list to sell their holding when it appears certain the price will come up again soon? If they needed to sell, why not do it last week or before as the price has been drifting down for some time? Thanks.
POSSUM THE CAT
15-04-2013, 03:59 PM
STC I am not 100% sure as if my memory is correct it has morfed about seven times & PCs were not arround in those days. Several shifts & a spell running a Four Square store including an 8.5 year spell in Australia. The only previous share that I can Identify was selling Trans Alta NZ in 1999 & something listed as CML which I transferred to Australia & eventually morfed into CBA in Australia. Have reasonable now since early 1998 when in Australia
Dentie
15-04-2013, 04:01 PM
I have no idea!
People are funny like that. It depends on their investment outlook I guess.
If you are a trader, then you obviously are in and out quickly, chasing momentum.
If you are a chartist/technician, then you look for patterns to get in and out, but the timeframe could be long or short.
If you are a fundamentalist, then you buy as cheap and you can and do as little as possible! (I generalise, but you get the point)
Some holders may be selling because they bought their holding at 66c, and they are now staring at a 15% loss in a week, and are freaked out. Panic does that to some people, and for no good reason. It took me YEARS to learn to put those emotions to the side and simply focus on where I think the share will be in 2-3 years from now, focus on fundamentals of the business, ignore the short term noise.
I can see Pacific Edge as a success in 2-3 years. I've done lots of homework, flown to Dunedin twice to meet with mgmt, and read up heaps on things like bio-markers, assay tests, urology and health insurance practices.
In fact, jeez, thank you Dentie - thanks to your question, I've just answered my own question as to why I sold A2 Milk and bought Summerset. If you look at the A2 and SUM threads, I sold out from ATM without being able to express a proper reason why. Now, I know how to express what I instinctively had reasoned. I can see where SUM will be in 2-3 years, I can not answer where A2 will be in 2-3 years.
Thanks Sparky - really appreciate your openess and rationale etc. I have a decent size holding here and for all the same reasons, I agree with holding for the long term. Just can't understand what sparks (no pun intended!) others to do what they do.
Bjauck
15-04-2013, 04:22 PM
Of course, you can be a long term holder in any kind of equity - Pacific Edge included. There are some like Moosie who enjoy and hopefully profit from short term buying and selling, but also some who bought the vast bulk of their holding in late 2011, and earlier!
If you don't mind sharing PtC, what share is it that you still hold from 1987? There aren't too many left from those days!
From 1987 I think, my Dad still has Wrightson's (PGW) and Rubicon (RBC), which I think was the morph from Brierley's (BIL). Needless to say neither have been good at enhancing shareholder wealth!
PEB's drop in price is nothing (so far!) compared to what unfolded on the NZSE in 1987.
POSSUM THE CAT
15-04-2013, 04:38 PM
Bjauck I think I had shares in Brierly Investments Australian arm But can not remember the name IE something I think. Rubicon I think you will find Morphed from Fletcher Forests
Bjauck I think I had shares in Brierly Investments Australian arm But can not remember the name IE something I think. Rubicon I think you will find Morphed from Fletcher Forests
Industrial Equity Ltd (IEL)
And BIL morphed into GLL
IEP was Industrial Equity Pacific Ltd and was Hong Kong based.
Made a lot of money out of all three.
Balance
15-04-2013, 04:53 PM
Thanks Sparky - really appreciate your openess and rationale etc. I have a decent size holding here and for all the same reasons, I agree with holding for the long term. Just can't understand what sparks (no pun intended!) others to do what they do.
Agree 100% with STC - 2 to 3 years is the appropriate timeframe to make an investment in PEB work for you. Those who got in 2 years ago took the huge risk and have now been reasonably rewarded.
Those who buy in now are taking a much reduced risk but nevertheless, still a risk that PEB has a great product but cannot commercialize it successfully.
As STC rightly pointed out, PEB has been a fantastic investment over the last 6 months but short term, the traders are selling out sensing the momentum is now downwards.
I personally know of some novice investors who got in at 42 cents and they sold out last week as they did not want to lose the gains they have already made. They are extremely happy as they were really surprised to make 50% gains in less than 6 months! No other reason for selling.
What you have to do with the posters here is differentiate between those who are short term traders and long term investors, and read their comments in perspective.
It is great to have both traders and long term investors on the site and on the market - you just have to be careful not to read a trader's comment as indicative of a stock's long term potential.
Balance
15-04-2013, 05:05 PM
Amen. Most people forget I'm a trader, not a traitor, and should read my comments accordingly!
Cool melons, Moosie.
Markets need individuals and traders like you to create liquidity and interest.
Do not need some others however who are like dirty blowflies buzzing around with nothing to contribute except big arsed useless comments.
Dentie
15-04-2013, 05:39 PM
Agree 100% with STC - 2 to 3 years is the appropriate timeframe to make an investment in PEB work for you. Those who got in 2 years ago took the huge risk and have now been reasonably rewarded.
Those who buy in now are taking a much reduced risk but nevertheless, still a risk that PEB has a great product but cannot commercialize it successfully.
As STC rightly pointed out, PEB has been a fantastic investment over the last 6 months but short term, the traders are selling out sensing the momentum is now downwards.
I personally know of some novice investors who got in at 42 cents and they sold out last week as they did not want to lose the gains they have already made. They are extremely happy as they were really surprised to make 50% gains in less than 6 months! No other reason for selling.
What you have to do with the posters here is differentiate between those who are short term traders and long term investors, and read their comments in perspective.
It is great to have both traders and long term investors on the site and on the market - you just have to be careful not to read a trader's comment as indicative of a stock's long term potential.
Great comments Balance which I will remember as the boat comes in over the next few months and hopefully years!
Bjauck
15-04-2013, 06:17 PM
Bjauck I think I had shares in Brierly Investments Australian arm But can not remember the name IE something I think. Rubicon I think you will find Morphed from Fletcher Forests
Ok...thanks. Rubicon owns shares in Tenon, which was Fletcher Forests. Is that right? Did BIL shareholders become shareholders in the Singapore based GuocoLeisure, which still owns the former BIL asset, Thistle hotels?
As of today, PEB's share price has dropped substantially from its 2013 high.
IMHO today will not be about PEB,but about Mr Market
blobbles
16-04-2013, 04:28 PM
I don't quite get why the stock market is down. America lets off bombs everyday in Aghganistan/Pakistan, nobody cares. Yet 2 small bombs go off in America... WATCH OUT THE WORLD IS ENDING SELL ALL YOUR SHARES AND RUN FOR THE HILLS!!!! Doesn't make much sense to me, a couple of people are killed, hell about 30 die in America everyday from guns yet nobody cares. Its not going to stop people from leaving the house to buy stuff. Sure, I can understand 911 having an effect, a big disruption, but this... I guess it goes to show that the sharemarket is also a confidence market of sorts. When people lose a little confidence, shares follow the same path.
lastmoa
16-04-2013, 05:13 PM
[QUOTE=turmeric;402013]1) China released weaker than expected economic data before the US markets opened. Chinese GDP for the quarter to March 2013 unexpectedly slowed to 7.7% growth from a year earlier weakening from 7.9% the previous quarter. Most were projecting 8% growth. Chinese industrial growth also came out well below predictions at 8.9% versus the 10% forecasted.
Think that any seller related to the 'lower' Chinese figures are overdone. Hell, China is still growing at a good clip and I would rather see them grower 'near-to' forecast rather than creating a bubble by growing at 8+% .imho
Boston bombing may shake a few nervous nellies into dumping but don't think it contributed much of the downside we see. Like Sparky said earlier - this is an opportunity.
Slam dunk
17-04-2013, 12:59 PM
Cxbladder is being exhibited by Pacific Edge Limited and Healthscope Limited this weekend at the USANZ Annual Meeting in Melbourne 13-16 April ...
Urological Society of Australia and New Zealand (http://www.usanz.org.au/)
USANZ 2013 Melbourne Meeting (http://www.usanz2013.com/)
See life goes on.
From my quick scan it looks like they're exhibiting but not speaking/presenting Hancocks. Is that your read too?
Minerbarejet
17-04-2013, 04:27 PM
thanks for the interesting links Hancocks. On another matter entirely regarding the recent sell down of 10000000 shares by Mr Masfen could one assume that this had something to do with the PFI merger. Havent seen anything on this on the thread. Perhaps I am just adding two and two to get five.
noah fence:)
Minerbarejet
17-04-2013, 06:33 PM
I suppose what Im trying to say is how much did that sale affect the share price on its own merits.Where would the price be if it hadnt happened perhaps?. I think a lot of people called it as a bailout and trembled accordingly whereas it seems the money was needed for another deal and was quite justified imho. Would be interested to hear any other opinions relating to this aspect of the PEB thread.
Balance
17-04-2013, 06:42 PM
I suppose what Im trying to say is how much did that sale affect the share price on its own merits.Where would the price be if it hadnt happened perhaps?. I think a lot of people called it as a bailout and trembled accordingly whereas it seems the money was needed for another deal and was quite justified imho. Would be interested to hear any other opinions relating to this aspect of the PEB thread.
Perception is important and likewise, how and to whom the 10m shares were sold.
I think Masfen did the right thing selling the shares at 65c, a big enough discount to market price. What they did poorly was to sell the 10m shares to short term traders who then raced one against the other to get out at a profit.
Im no chartist but it has been a long time since the share price has touched the 100 day moving average.
Is this relevant,in chart terms?
kizame
20-04-2013, 09:24 AM
Im no chartist but it has been a long time since the share price has touched the 100 day moving average.
Is this relevant,in chart terms?
In my opinion it appears to be bottoming,The RSI is just about oversold,MACD is returning from a deep bottoming,so I think at least a small correction upward.
Balance
20-04-2013, 09:55 AM
In my opinion it appears to be bottoming,The RSI is just about oversold,MACD is returning from a deep bottoming,so I think at least a small correction upward.
Looking at the buying coming in - heavy duty buyers not afraid to take out the sellers who were starting to backfoot their selling on Friday.
AndyLP
22-04-2013, 09:08 AM
Hi, have been following the PEB thread for a while, have been a holder for several months. Have very much enjoyed the discussion. A while back JohnnyTheHorse mentioned something about an agreement between Cellmid and Pacific Edge, where PEB would "pay" a certain amount of shares as a milestone payment after the first product was sold in the US. Does anyone know how many shares we're talking? And maybe how likely Cellmid are to put them on the market?
Balance
22-04-2013, 09:25 AM
Hi, have been following the PEB thread for a while, have been a holder for several months. Have very much enjoyed the discussion. A while back JohnnyTheHorse mentioned something about an agreement between Cellmid and Pacific Edge, where PEB would "pay" a certain amount of shares as a milestone payment after the first product was sold in the US. Does anyone know how many shares we're talking? And maybe how likely Cellmid are to put them on the market?
Royalty payment.
Balance
22-04-2013, 10:20 AM
Agreed Kizame, they're should be a turn around this week. Remains to be seen whether it will be pushed above 60 again, although I do have hopes it will. Sellers can disappear as quickly as they appear with PEB...
Yes, but we do have the starting formation of a downtrend as the 90 day has been crossed and 30 day is pointing downwards (which hasn't happened since July last year). Think PEB might start consolidating and will begin to rely on sales reports rather than media releases from now on in order for the uptrend to continue.
I have seen this happened a few times with Diligent where on the way up from 12 cents to $1.00, a big seller or size sellers capped the advance of the stock.
I sense the price action this morning has seen the sellers back off.
JohnnyTheHorse
22-04-2013, 11:14 AM
Hi Andy, It’s in the Cellmid report, they sold the 96,000 shares (from memory) they received from the initial agreement. They are due a royalty if their technology (Midkline) was used in the final test – I have not seen any reference to the fact that it actually is.
It is used in Cxbladder. They are due a milestone payment (in the form of shares) upon the first sale of Cxbladder in the US.
JohnnyTheHorse
22-04-2013, 11:39 AM
Hi Johnny, well you are better than me at finding any reference to it actually being incorporated in the Cxbladder test. Pacific Edge had an option, that is what the agreement was about - can you direct me to any Pacifc Edge documentation please?
http://www.rmresearch.com.au/wp-content/uploads/RM-Research-Cellmid-Ltd-11-March-2013.pdf
Check out page 11. There are several references to the fact that they will be receiving royalty payments of 1.5-2% from Cxbladder using Midkine.
AndyLP
22-04-2013, 12:01 PM
There's also reference to the milestone payments. "Cellmid is eligible to receive milestone payments in addition to royalties on product sales." Can never seem to find out what these milestones are though
Balance
23-04-2013, 04:11 PM
Nice to see PEB above 60c again. Hope it stays at or above 61c for the close.
Still selling around but I do think this is probably the last opportunity to pick up some shares around current levels.
Was talking to a contact just today who bought some PEB at 63 cents. He bought after his doctor told him that CxBladder growth in US will be exponential after the first 6 months.
Will be irresponsible for doctors not to recommend and use CxBladder in the US.
Unlikely to see much by way of sales however in first 6 months.
His doctor thinks that $500 for a CxBladder test in NZ is expensive as not covered by insurance or government subsidy here.
Minerbarejet
23-04-2013, 06:05 PM
well put Sparky
Balance
23-04-2013, 06:42 PM
Hi Balance, I'm sure it will be a medical insurance or subsidised item in NZ soon, I know they have been working on that particular issue in all market areas, as that is a big 'driver' - was your friend told $500? Here is a note from Pacific Edge Limited Annual Report 2011:
Retail prices for Cxbladder® for New Zealand and Australian customers will be $NZ300 (ex GST) and $A240 respectively.
Yes, my contact was told by his doctor that test is $500.
Will ask him if that includes doctor's fees etc. I assume it does not.
Balance
24-04-2013, 02:06 PM
The Cxbladder test cost is $320 + GST ex Pacific Edge Limited, just confirmed. It is a cost that I'm prepared to carry as part of our health checks (as mentioned in a previous post).
'Link To Previous Post' - Cxbladder Testing (http://www.sharetrader.co.nz/showthread.php?2705-Pacific-Edge-Biotechnology&p=401465&viewfull=1#post401465)
Thanks for that, Hancocks.
Interesting sp action - the sellers appear to have all pull out? I suspect there was a bit of layering on the offer side to push the big seller to sell at a lower price?
Update 4.25 pm. Seller still there - jjust trying to figure out the depth and commitment of buyers. Oh well, let the seller sell out at under 60 cents. No big hurry to help him out just yet.
Balance
29-04-2013, 11:03 AM
Share price starting to edge back upwards.
Looks like still one stubborn seller there but the seller is selling now in small lots rather than 50T.
Let's see how PEB is getting on with getting its story covered by one of the major brokers. I understand the process is underway.
tosspot
29-04-2013, 11:10 AM
so when do they usually announce their quarterlys, its been a while since the last piece of news.
Prelim full year result for year ended 31 March 2012 came out 25/05/12, and 27/05/11 for 2011
Balance
29-04-2013, 11:25 AM
Prelim full year result for year ended 31 March 2012 came out 25/05/12, and 27/05/11 for 2011
Not expecting much by way of sales but expect them to update on progress with building up their sales and marketing team in US.
Like Diligent, initial uptake will be slow but when the momentum builds up, growth should be exponential.
Share price wise, just needs a decent research report and a few offshore institutional buyers and PEB should then get proper share price support.
AndyLP
29-04-2013, 11:35 AM
Let's see how PEB is getting on with getting its story covered by one of the major brokers. I understand the process is underway.
Hi Balance, are you able to shed any more light on this?
Balance
30-04-2013, 08:09 AM
If I was to hazard a guess it would be First NZ. They have a superior capability in covering non NZX50 companies of note, eg up-and-comers.
I do not know which broking firm it is - Heard it through the grapevine (reliable source). I would tend to agree it is likely to be FNZC but could well be Forsyth Barr.
FNZC's name is rightly attached to Diligent and boyo, have their clients done or have they done WELL!
I can well remember them placing 3m DIL shares at 42 cents from Brian Henry to their clients - now worth $22.5m compared to entry price of $1.26m.
Anyway, it IS what it IS.
JohnnyTheHorse
30-04-2013, 11:29 AM
Price is heading north at a nice speed, on small volumes however. Buyers have been disappearing though so I guess that doesn't matter too much. Fingers crossed for some larger buyers to come in and really set things off.
robbo24
30-04-2013, 12:28 PM
Was just about to say the same. She's ready for another ride, just need those buyers to step up and some good news to boot ;)
The good news has already been Moose-o, the only thing that stopped it from up-up-and-away was the sell-down of 10m shares at 65c, and you so accurately predicting a fall to the 55 cent range on the back of that sell-down. Thankfully I took your advice and added a big chunk to my big chunk! Let the good times roll.
Minerbarejet
30-04-2013, 12:44 PM
if PEB can go from 55-56 to 68 on no news at all whats going to happen if there is even a smidgen of good news out of the states? Or once again does somebody know something we dont. hmmm. curiouser and curiouser said Alice:confused:
JohnnyTheHorse
30-04-2013, 01:31 PM
All buyers at 69 have pulled out and stacked at 70 by the looks of things.
Balance
30-04-2013, 05:54 PM
lol, someone freaked! Hope everyones on the bullet train upwards again!
Up too far too fast - need to consolidate around 65 cents.
Having said that, just needs one big multi-million order from overseas and 70 cents will be a distant memory!
JohnnyTheHorse
30-04-2013, 06:20 PM
There's certainly a lack of sellers and the technicals are certainly pointing up, however there doesn't look to be enough buyers around just yet (although with PEB that tends to change extremely quickly). Probably a coin flip as to whether it'll consolidate at ~65 or go on another huge run.
I will go out on a limb and say that it'll go on a run, solely on the basis that it would make my portfolio look even nicer ;)
Balance
30-04-2013, 06:21 PM
Having suggested previously that a degree of caution was warranted with this share, given that their was so much uncertainty and, from certain quarters, dreaming over future earnings, I was accused of sour-grapes because I failed to buy in at 20c.
Anyways it looks like that I can always buy in at 20c next time :), unless our Super-Hero once again steps in to manipulate the market for you.
Best Wishes
Paper Tiger
Disc: Failed to buy in at any price and so, so regret it.
Looks like Paper Tiger will just have to wait for next move downwards?
May be his next cat life?
Snow Leopard
30-04-2013, 07:12 PM
Looks like Paper Tiger will just have to wait for next move downwards?
May be his next cat life?
All those moment in time will be lost, like tears in milk (http://www.sharetrader.co.nz/showthread.php?2318-ATM-A2-Corporation-Limited&p=403404&viewfull=1#post403404).
Best Wishes
Paper Tiger
Balance
01-05-2013, 12:30 PM
Little bit of panic-selling/profit-taking today, interesting. Major support still lies at 65 ;)
Gone up too fast and in absence of news.
Natural reaction for those who bought under 60 cents to take profits if they are traders.
But the big move here is for those who hold for 2 years and more.
Diligent and Xero show the real super gains which can be made.
Balance
01-05-2013, 04:14 PM
Right, who just bounced the stock and made a bear trap? I want to see some responsibility here people!
Impressive - looks like a big buyer out there?
Minerbarejet
02-05-2013, 01:20 PM
A bit of study over the weekend has posed a couple of questions. Firstly where does Sonic healthcare fit in all this. Apparently they are the owners of Healthscope in Australia except Queensland
http://www.sonichealthcare.com/media/75114/acquisition.pdf
Healthscope does the marketing for PEB and presumably sells CX Bladder to Sonic or you would think they would be silly not to.
https://www.nzx.com/companies/PEB/announcements/207308
The second question is: as Sonic is apparently already firmly entrenched in the US and elsewhere then would Healthscope be supplying the kits (at AUD Prices) via the backdoor or is this a smart move to get into the US market quickly.
Any comments peoples?
Cannot find any reference to SHL apart from ASX on Forum and certainly not in relation to PEB
Cheers :)
JohnnyTheHorse
02-05-2013, 04:59 PM
Hold on folks, we're heading south again - and fast! :scared:
JohnnyTheHorse
02-05-2013, 05:03 PM
This too will pass.
Haha I know. Never a dull moment in this stock, makes things exciting I guess.
Dentie
02-05-2013, 05:39 PM
Give it 2-3 weeks. Bound to be some good news coming.
I agree Sparky - don't know why some people even get in to be honest...gives the market a bad name.
Minerbarejet
02-05-2013, 08:03 PM
Up too far too fast - need to consolidate around 65 cents
As called by balance
Snow Leopard
02-05-2013, 08:07 PM
... support at 65...
I don't want to rain on your parade or anything but it did close at 63 today.
And on another note:
Looks like Paper Tiger will just have to wait for next move downwards?
May be his next cat life? :D:D:D
Best Wishes
Paper Tiger
Minerbarejet
02-05-2013, 08:13 PM
Thanks for that Hancocks. Would be interested to find out the uptake in Aus - presumably any considerably favourable reports would filter through to the US fairly smartly from Sonic. Have the feeling that 65 cents is going to be a bargain shortly.
Cheers
:)
Balance
02-05-2013, 09:07 PM
I don't want to rain on your parade or anything but it did close at 63 today.
And on another note:
Best Wishes
Paper Tiger
You miss out big time on this latest run from 56c to 70c.
Now you come out to ?
Sorry, but makes you a real sore loser in my books :D :) :D
Snow Leopard
02-05-2013, 09:40 PM
You miss out big time on the run from 56c to 70c.
Now you come out to ?
Sorry, but makes you a real sore loser in my books :) :)
I am sorry Balance.
It is wrong of me to taunt you.
Please accept my apologies.
Best Wishes
Paper Tiger
Disclaimers:
1) I still regard PEB as a high-risk speculative stock.
2) I do not currently own, nor have previous owned, PEB stock.
2.5) I do own some stocks that I regard as high-risk speculative stocks.
3) I reserve the right to buy PEB in the future without declaring it on this thread.
4) Balance is not, nor never has been, on my Ignore List.
Lets face it-''Its all up from here''or ''Its all down from here'' just doesnt pertain to this share ,at least in this phase of its development.
For long term holders ,higher highs and higher lows should suffice.
I suppose ,if your good enough ,its a traders dream,but otherwise watching the buyers and sellers could be a bit of a stressful way to spend the day.
A 5% gain or loss is nothing for this puppy.
Leftfield
03-05-2013, 11:13 AM
Helpful chart. I agree with your sentiments. Thanks :-)
Whipmoney
03-05-2013, 02:02 PM
Well there goes my positive sentiments for the day!
*Screw up chart and throws it into trash bin, puckers face like he's sucked on a lemon* :scared::cursing::lol:
Lol Xero's rallying again so anything is possible!
robbo24
03-05-2013, 02:28 PM
Still working on the patience side of everything as you can see!
Good progress Moosie - keeping working on the character advice given to you by the internet clown.. lol..:eek2:
hairofthedog
03-05-2013, 02:55 PM
If TA predicted the future of stocks accurately, then everyone would do it - then it wouldnt work.......?
blobbles
03-05-2013, 04:53 PM
The share price of this company has been overvalued and over-hyped for some time now. You only have to go back and read some of the spruikers here to see that. A correction to a more realistic valuation is due.
Why do you think its over valued DJAB?
As far as I can tell, they are a company entering into a big profitable market with a better product than what is currently available. The management does what it says, they just opened a lab in the US able to process their tests and now just have to translate their better product into sales. Having hired excellent people in the US, it appears that they may be able to do that fairly quickly.
Compare that to XRO who, while actually making sales, are still bleeding money 5 years after they started, yet their price is at $12 for a product only appears to be marginally better than their competition. Yet people talk about the potential of Xero being the thing that props up their SP, but not the potential of this company. I know which I consider to be overvalued...
Some actual evidence as to why they are overvalued would be quite nice rather than stating "overvalued and over-hyped".
Xerof
03-05-2013, 04:57 PM
The Masfen distribution is taking its toll.......
Moosie, no manipulation, not weird, the sellers capitulated late on a Friday and gave into the liquidity at 58, their/the orders to sell slightly higher taken off as no longer valid - how does that sound?
DJAB, yep, there are one or two on here who are clearly brokers (or at least look over their operators shoulder) who can see orders coming in on various stocks, and like to boost their blog images by 'predicting' where things are going. Sad really
Minerbarejet
03-05-2013, 05:26 PM
The Masfen distribution is taking its toll.......
Moosie, no manipulation, not weird, the sellers capitulated late on a Friday and gave into the liquidity at 58, their/the orders to sell slightly higher taken off as no longer valid - how does that sound?
DJAB, yep, there are one or two on here who are clearly brokers (or at least look over their operators shoulder) who can see orders coming in on various stocks, and like to boost their blog images by 'predicting' where things are going. Sad really
Yes and whats the bet the sellers at .59 are missing come Monday.
blobbles
03-05-2013, 06:05 PM
Thanks Xerof. I have a sneaking suspicion you're right! By the way, in my view you are one of the few on here who has both the genuine ability as well as the astute judgement and insight that makes for a great stock picker. I just wish you would contribute more, but can understand it if you don't want to.
Proof? Evidence? Circumstantial evidence?
Could it be that you are confusing amateur investors making optimistic assumptions with professionals trying to sound like amateurs? Just don't like where you are heading with this.
As far as I know, this websites purpose is for investors to share ideas about investing in particular shares or shares in general. Your contribution DJAB appears to be rubbishing everyone else without offering any advice yourself. Looking at your history so far you have simply stated that Xero was a bubble (duh) and that this stock is overpriced, without telling us your analysis. If you want to rubbish people/stocks/shares without offering your analysis as to why, you can expect a ribbing IMHO.
JohnnyTheHorse
03-05-2013, 06:17 PM
The share price of this company has been overvalued and over-hyped for some time now. You only have to go back and read some of the spruikers here to see that. A correction to a more realistic valuation is due.
You clearly need to do some actual research into this stock and back your statements up with facts. The current market cap of the company is just over 1 times larger than expected revenue per year in 4-5 years time.
You've come onto this forum and bagged some of the most respected posters, poster who you could learn hell of a lot from. You are also yet to actually contribute anything useful to this forum. Can you please just leave the forum so that the rest of us who actually want intelligent discussions and debate can learn things from each other. I'm sure I'm not the only one who would rather not have to spend my time wading through your rubbish.
JohnnyTheHorse
03-05-2013, 06:47 PM
What do they say about sticks and stones? I neither seek nor require your approval for anything, mate. If you don't like my posts, don't read them.
I don't think there is anyone on this forum who wants to read your posts and I'm even more confident that there is no one that would use your posts as part of their research etc. So why bother posting? No one wants you here :)
(That's my last post on the issue, lets get back to PEB)
blobbles
03-05-2013, 07:02 PM
What do they say about sticks and stones? I neither seek nor require your approval for anything, mate. If you don't like my posts, don't read them.
The point of posting DJAB, as is the point of this website, is to provide informed or educated information and debate on shares. As you are providing neither, why do you want to post on here?
I could say "DJAB is a little girl who likes to dress in pink skirts and sing songs to fairies", but it would be neither relevant or helpful and is outside the obvious context of this website. Just as are your posts are apparently irrelevant, I still require actually reading who posted it in order to ignore it or skimming the content to filter the information. As this wastes everyones time, you will notice other members try to not do it. If you don't have something relevant to say, why waste everyones time? Or is your intention to come onto a website just to bag everyone elses analysis? That is what is called "trolling" in internet terms, I suggest you look it up.
POSSUM THE CAT
03-05-2013, 07:21 PM
Blobles you can not analyse pie in the sky. You can only make an estimate & pray or believe in the greater fool theory. DJAB is as entitled to his opinion as you are yours. Which is hope & pray. I can see no certanties in any of your Facts or figures of the future of PEB.
lastmoa
03-05-2013, 07:29 PM
Blobles you can not analyse pie in the sky. You can only make an estimate & pray or believe in the greater fool theory. DJAB is as entitled to his opinion as you are yours. Which is hope & pray. I can see no certanties in any of your Facts or figures of the future of PEB.
But Possum ... if I write something like .... 'PEB has closed at 0.58 at it will now get smashed from here'. Where is the justification for my crystal ball gazing? I do not really want to spend my time reading what someone thinks without some sense of reasoning. Otherwise we would get every clown (no offence, Sparky 9-) saying a stock will go in XY direction.
The only thing I get from the gentleman's posts is amusement that he actually thinks he is intelligent.
blobbles
03-05-2013, 07:47 PM
Blobles you can not analyse pie in the sky. You can only make an estimate & pray or believe in the greater fool theory. DJAB is as entitled to his opinion as you are yours. Which is hope & pray. I can see no certanties in any of your Facts or figures of the future of PEB.
Absolutely and I encourage you to state just that. As far as I recall, I have just estimated the size of the market CxBladder is entering, the potential for the stock to do well based on their product being better than the rest. While at times I am optimistic, it is metered by other peoples pessimism. As far as I am concerned, it is fine to discuss potentials, there is no other way to do it with a company that is just starting to sell its product. It is also fine to discuss hurdles and downsides, no problem at all.
However, if I went onto every thread and said "this stock is rubbish, selling for much more than its worth", would that be at all useful without providing some level of justification? No, it would not, and I think you will agree that it is not worth posting. That is simply all that is being posted by DJAB and it is not useful. We ask DJAB to provide further information as to why he believes so and he simply posts back that he doesn't have to and he has every right to post on anything he wants. Again, IS THAT USEFUL?
blobbles
03-05-2013, 08:09 PM
Woo Hoo, a welcome to ‘THE JAB’ the pricks and needling have certainly added a bit of spice and interest to this thread! Once the dust settles though, they did come to this thread and I would certainly be interested in their point of view and opinion on Pacific Edge; or, more specifically the acceptance and marketing of Cxbladder.
Actually, that's a good point Hancocks, does anyone know how new medical devices are advertised in America? Are free samples given? Or seminars asking doctors to attend? Or lobbying hospital distributors to push the product? Understanding how it works may give us some insight as to where to look for how successful/unsuccessful Cxbladder is...
robbo24
03-05-2013, 08:10 PM
Friendly bunch.
Hi DJAB - your wish of the overhyped overvalued shares coming down in price has occurred. 58 cents, what a bargain. Will you buy buy buy or cry cry cry on the forums?
Minerbarejet
03-05-2013, 08:25 PM
Woo Hoo, a welcome to ‘THE JAB’ the pricks and needling have certainly added a bit of spice and interest to this thread! Once the dust settles though, they did come to this thread and I would certainly be interested in their point of view and opinion on Pacific Edge; or, more specifically the acceptance and marketing of Cxbladder.
Are you wading through all the American Healthcare Companies perchance - found another one if you are interested. Illumina through google. This is NOT Illuminati!!!! Noticed your post retracted assume you are doing more research. Rust never sleeps.
Balance
03-05-2013, 08:26 PM
Share goes up, share goes down - that's the market, one day to the next, one week to the other.
Some like it just like that - and why not, volatility equates trading opportunities.
The year by year trend though is the real measure of how a stock is trending and for those of us who rode the ups and downs with the likes of Diligent, just another day in the office - no need to get too worked up.
:D :D
There are 2 sides to every coin guys.
Sometimes those that seem to be slagging are really just hoping to be able to buy in at a more affordable price which is fair enough.
If thats the case it still shows interest in the company,its just a matter of value.
He didnt really say the co. was rubbish ,just that in his opinion it was over valued and lets face it ,no one really knows at this stage.
All we can say for certain is that it is in a volatile phase.
Most would agree its a good product-its really a matter of how well its marketed and how quickly it is accepted-ie. the rate of growth-and of course the outside market in general.
To me,most of the time these big falls and big rises are a bit of a mystery but having not acted on the last fall around 53 a few weeks back I certainly would welcome the opportunity to have another go.
My guess is that eventually the volatility will subside and it will settle into slow steady growth
POSSUM THE CAT
04-05-2013, 12:20 PM
You had all this Hype over Bliss & other biotech Products companies listed on the ASX or NZX over the last 20years how many are still listed or even in existence now. Let alone made a profit. You might as well buy an expensive bottle of Champagne & drink it. At least that way you have about an hours or so pleasure for your money. Rather than six months of dreaming of extreme wealth. The only other thing is if you believe in the greater fool theory. You find a greater fool to buy them off you. What is the success ratio for biotech companies as high as 1 in 200 or as low as 1 in 2000.
POSSUM THE CAT
04-05-2013, 12:40 PM
I thought that Ramping on this share site became rare when the two great rampers G STOLWYK & THE KING died. But it seems to have raised its head again. Surely we do not want this share site to become another HOT COPPER
lastmoa
04-05-2013, 01:02 PM
You had all this Hype over Bliss & other biotech Products companies listed on the ASX or NZX over the last 20years how many are still listed or even in existence now. Let alone made a profit. You might as well buy an expensive bottle of Champagne & drink it. At least that way you have about an hours or so pleasure for your money. Rather than six months of dreaming of extreme wealth. The only other thing is if you believe in the greater fool theory. You find a greater fool to buy them off you. What is the success ratio for biotech companies as high as 1 in 200 or as low as 1 in 2000.
Understanding that of all the companies I invest in do carry inherent risk and accepting that some of them will not exist in a few years time, is fine with me. My willingness to accept this high level of risk is reduced somewhat by the research I perform on the companies and the sectors they are developing in.
All investors have their own levels of risk and if they consider purchasing a particular company's stock carries the same likely outcome as enjoying a nice Moet, then maybe said investor should be investing in Telecom, Ryman or whatever blue chip their risk tolerance allows.
I am comfortable with holding stock in PEB, or XRO for that matter, and look more positively, whilst acknowledging the risk, at thinking 'What if they do deliver on their Big Hairy Audacious Goal'
blobbles
04-05-2013, 01:02 PM
Sorry guys, this site must only be for professional and highly experienced traders such as yourselves, I will stop posting and only read your amazing and insightful posts. Signing off...
Balance
04-05-2013, 01:36 PM
No sales. No profit. So what, the price should be a $1?
It's not subsidised in New Zealand, and most doctors here won't use it until it is. Few patients in NZ can afford it. Growth in sales here will be slow. And in the US, who knows how long it will take to get sales up, or at all? As Possum the Cat above posted, an investment based on hope and pray provides no certainties about any of the 'facts' or 'figures' about the future of PEB. Hope and pray is not an investment strategy and neither is blindly following the pumping of spruikers.
No sales, no profit ...that's what they said about Diligent at 65 cents.
:D :D
POSSUM THE CAT
04-05-2013, 01:42 PM
Sparky The Clown But the repetition of the same few facts over an over again. And the abuse of anybody that queries those facts will be substantiated in time gets abused. What is the success versus failure rate of biotechs. This the supportive posters do not want to here about. You are one of the few reasonably neutral on PEB in saying it is a very high risk investment. Others keep pushing every little fact that supports there thinking. The repetition of the same few facts over & over again is sickening. And saying that anybody that mentions a negative is jealous that they did not get in as low as the poster. It gives the impression some posters think this is Gods gift to share investors
Balance
04-05-2013, 02:05 PM
Sparky The Clown But the repetition of the same few facts over an over again. And the abuse of anybody that queries those facts will be substantiated in time gets abused. What is the success versus failure rate of biotechs. This the supportive posters do not want to here about. You are one of the few reasonably neutral on PEB in saying it is a very high risk investment. Others keep pushing every little fact that supports there thinking. The repetition of the same few facts over & over again is sickening. And saying that anybody that mentions a negative is jealous that they did not get in as low as the poster. It gives the impression some posters think this is Gods gift to share investors
Who is asking you to read all the posts on this thread?
Do what most of us do - pick out the posters who provide good information and analysis.
Learn to differentiate between those who 'ramp' and those who inform.
Learn to teach those who are here to learn, and those who are here to cause mischief.
Life is too short to get too serious about most things - except when we are talking about crooks (finance companies, Plus SMS), incompetence (Rakon, Telecom, NZOG etc) or blatant hypocrisy (Credit Sails, PGC etc).
POSSUM THE CAT
04-05-2013, 02:58 PM
Balance which are you
Balance
04-05-2013, 05:56 PM
Balance which are you
I admit to being a bit of all, depending on the circumstances.
Makes life interesting that way.
Just don't get me started on NZOG or PGC, ok?
Sideshow Bob
04-05-2013, 08:20 PM
I admit to being a bit of all, depending on the circumstances.
Makes life interesting that way.
Just don't get me started on NZOG or PGC, ok?
You mean you haven't started yet?? :-P
lastmoa
05-05-2013, 01:01 PM
Pacific Edge Diagnostics USA will be exhibiting our bladder cancer detection test, Cxbladder, at the AUA Annual Meeting in San Diego this weekend (4-8 May).
Minerbarejet
06-05-2013, 09:54 AM
Yes and whats the bet the sellers at .59 are missing come Monday.
Ahem. Have a nice day.:)
Ahem. Have a nice day.:)
Was just about to commend you on that! Good work, no sellers until 64 it seems, buyers to 60. Friday madness
Mentioned this briefly in a earlier post, but Genomic Health Inc. (GHDX) is a similar company for comparison. Key product is Oncotype DX Breast, while other products such as DX Colon and FX Prostate are at various stages.
Around USD$1b market cap and US$250m revenue (and increasing), an indication of potential upside for PEB if CX Bladder and other products take off (dependant on factors that have been discussed).
Balance
06-05-2013, 11:11 AM
Mentioned this briefly in a earlier post, but Genomic Health Inc. (GHDX) is a similar company for comparison. Key product is Oncotype DX Breast, while other products such as DX Colon and FX Prostate are at various stages.
Around USD$1b market cap and US$250m revenue (and increasing), an indication of potential upside for PEB if CX Bladder and other products take off (dependant on factors that have been discussed).
Thanks, iced.
There are a lot of good stories out there and they all started with ideas and then, persuaded investors to back them.
We have something here in PEB which has gone through the ideas stage, done the hard yards, nearly went under but now offers potential but as has already been well canvassed, is not without risks.
For those of us in the stock, postings like yours provide confidence that the risks are acceptable.
What is most unacceptable is the sour grapes brigade popping up every time the sp of PEB takes a dip and with no analysis or understanding, start bad mouthing the company.
Never mind the fact that PEB has been a spectacular performer in the last year for its shareholders and is attracting institutional and professional investors who invest after visiting and talking to the company.
The sour grapes brigade have had some of their postings removed for using vulgar language and for sinking to the bottom of the sewage tank in Wanganui but still they persist.
They know who they are.
POSSUM THE CAT
06-05-2013, 01:25 PM
Balance Dream ON others of us make money.
Balance
06-05-2013, 04:15 PM
Balance Dream ON others of us make money.
Ok, gloves off.
Glad you outed yourself, PTC.
I 'Diligent ly' looked through your postings and cannot find a single stock you are in making the kind of gains DIL and PEB have made for me in the last 2 years.
I wonder why.
Care to explain?
:D :D :D
Powered by vBulletin® Version 4.2.5 Copyright © 2024 vBulletin Solutions Inc. All rights reserved.