PEB - Pacific Edge Ltd

[Balance]

I'm with you mate. I'm invested because these guys are not so polished. It's good kiwi stuff from Otago, taking it to the World. Think this lost on a few lately.

Good old kiwi stuff does not necessarily cut it overseas (or locally), psychic!

From the same stable which brought PEB - Botry Zen and Bliss, both promised and kept promising great stuff and ended up delivering bugger all.

That is why it is so important (and that's what the market is assessing all the time as well) to track a company's performance and how it is delivering against its 'promises' and/or 'expectations.'

[MAC]

It is an entirely adequate fundamental proposition though don’t you think Balance,

1. Ongoing internationally recognised quality research coming out of the University of Otago, for which Pacific Edge have access rights. http://www.otago.ac.nz/ctcr/research/diagnostic-tools/otago056099.html

2. Cost effective development, clinical trials and commercial readiness in NZ at a fraction of the work up cost required elsewhere.

3. Establishment of an in country commercialisation subsidiary company and a fully US management & sales team with prior sector contacts and experience.

Agree that ongoing monitoring of a five year goal is absolutely necessary as an investor, but we should not expect Pacific Edge to provide sales or revenue results more frequently than HY and FY reporting.

Other companies don’t do it and we must be equally as patient with Pacific Edge.

IMO we may or may not get an outlook slide at the AGM, maybe number of sales staff appointed, maybe at a stretch an estimation of tests to the end of the financial year.

It’s very unlikely we will get numerical sales guidance for exactly the same and fair reasons that were provided for shareholders at last year’s AGM.

[klid]

It is an entirely adequate fundamental proposition though don’t you think Balance,
Agree that ongoing monitoring of a five year goal is absolutely necessary as an investor, but we should not expect Pacific Edge to provide sales or revenue results more frequently than HY and FY reporting.

Other companies don’t do it and we must be equally as patient with Pacific Edge.

But someone emailed DD and he said he was going to look at putting out quarterly sales results, it was posted on this forum.

Say and not deliver is the worst thing.

Some things are going to have to be clarified in order for that not to be the case. Cautiously optimistic.

[MAC]

But someone emailed DD and he said he was going to look at putting out quarterly sales results, it was posted on this forum.

Say and not deliver is the worst thing.

Some things are going to have to be clarified in order for that not to be the case. Cautiously optimistic.

I don’t reckon they should do it Klid

It would satisfy some curiosity for me also as an investor but I don’t think quarterly reports are in the best interests of the company or long term shareholders right now.

When you have a disruptive technology and have the first mover advantage with it, it’s not necessarily the best thing to be reporting more information to the competition than is necessary.

[MAC]

For the benefit of anyone who doesn’t already filter out the posts of knockers with agendas;

Pacific Edge have the first mover advantage with fully RNA based technology as it applies to bladder cancer diagnostics.

Technology that may very well replace the older protein based product techology over time, and Pacific Edge have told us that it is one of their aims.

Cxbladder is the first technology to come along which offers clinically superior results to cytology procedures, and Pacific Edge are the first to the market with that technology.

A picture paints a thousand words;

6136

[Balance]

It is an entirely adequate fundamental proposition though don’t you think Balance,

1. Ongoing internationally recognised quality research coming out of the University of Otago, for which Pacific Edge have access rights. http://www.otago.ac.nz/ctcr/research/diagnostic-tools/otago056099.html

2. Cost effective development, clinical trials and commercial readiness in NZ at a fraction of the work up cost required elsewhere.

3. Establishment of an in country commercialisation subsidiary company and a fully US management & sales team with prior sector contacts and experience.

Agree that ongoing monitoring of a five year goal is absolutely necessary as an investor, but we should not expect Pacific Edge to provide sales or revenue results more frequently than HY and FY reporting.

Other companies don’t do it and we must be equally as patient with Pacific Edge.

IMO we may or may not get an outlook slide at the AGM, maybe number of sales staff appointed, maybe at a stretch an estimation of tests to the end of the financial year.

It’s very unlikely we will get numerical sales guidance for exactly the same and fair reasons that were provided for shareholders at last year’s AGM.

Correction - any company which prides itself on being progressive and accountable gives outlook updates at AGMs.

Some go as far as to give numerical forecasts (sales, revenues, EBITDA and/or even net incomes).

You can go through AGMs of companies and you will find that to be the case.

More so now with PEB as the Chairman boldly proclaimed PEB will 'do tens of thousands of tests in 2014.' That was a forecast as the word used was 'WILL' not 'should' so it's time for an update. If PEB is behind and cannot deliver, let's know that and understand why.

[MAC]

Tests are tests, sales are sales, two quite different things Balance;

A forecast of tests includes user programmes for trials, mini user programmes for prospective customers and sales. IMO I think there will probably be 10,000+ tests performed this year.

Pacific Edge have never provided numerical guidance to date, never.

The reason they gave for this at last year’s AGM, and forgive me as it was a year ago and I won’t try and quote it, but effectively DD offered a view that they have a five year goal and the trajectory toward that goal was subject to shorter term influences both within and not within their control.

I would really like to be proven wrong next week, but I don’t see their view on the matter changing.

[Balance]

Tests are tests, sales are sales, two quite different things Balance;

A forecast of tests includes user programmes for trials, mini user programmes for prospective customers and sales. IMO I think there will probably be 10,000+ tests performed this year.

Pacific Edge have never provided numerical guidance to date, never.

The reason they gave for this at last year’s AGM, and forgive me as it was a year ago and I won’t try and quote it, but effectively DD offered a view that they have a five year goal and the trajectory toward that goal was subject to shorter term influences both within and not within their control.

I would really like to be proven wrong next week, but I don’t see their view on the matter changing.

That is fine - if 20,000 tests were 'tests' and only 1,000 tests are sales - so be it.

Why the reluctance and fear to disclose?

And please don't give the excuse of commercial sensitivity because of all the conviction statements on CxBladder made by PEB to date.

[Whipmoney]

Skid whilst mac is technically right..... medically cx bladder does not need FDA approval to be used by clinicians what he either fails to understand or does not want to mention is many US health insurance companies will not cover products that are not FDA approved. I believe this is why nmp22(cx bladders main rival test) has gone down that path and is FDA approved.
As we all know if an insurance company can use a loophole to get out of paying they will.
I believe this is an oversight by the company.

With all due respect Snapiti, I don't think you know what you're talking about..

There's a comparable company out there (whom I now believe that PEB may have modelled their business case on) that has over USD$200m per annum in sales and who doesn't have/require FDA approval for their labratory test. They do hold CLIA approval for their labratory.

Ironically whilst this particular company actively decided not to seek FDA approval, one of their direct competitors did as they believed it would give them a better standing in their field. The result for their competitor was 2 years of pain (no growth) whilst seeking approval, whilst the non-FDA approved company steamed ahead and built up market share. So as it currently FDA approval currently isn't the be all and end all in this space.

[ziggy415]

"" FDA approval currently isn't the be all and end all in this space.".....The be all is convincing a race of people who think the world starts and stops in the good ol US of A to use a product that is made in a country that most of them dont know where it is....If your a true blue Kiwi and your pissing blood would you rely on a test made in Bangladesh

[MAC]

That is fine - if 20,000 tests were 'tests' and only 1,000 tests are sales - so be it.

Why the reluctance and fear to disclose?

And please don't give the excuse of commercial sensitivity because of all the conviction statements on CxBladder made by PEB to date.

Yeah well let's see next week, happy to buy you a beer either way Balance, are you going to the AGM ?

[Dentie]

Correction - any company which prides itself on being progressive and accountable gives outlook updates at AGMs.

Some go as far as to give numerical forecasts (sales, revenues, EBITDA and/or even net incomes).

You can go through AGMs of companies and you will find that to be the case.

More so now with PEB as the Chairman boldly proclaimed PEB will 'do tens of thousands of tests in 2014.' That was a forecast as the word used was 'WILL' not 'should' so it's time for an update. If PEB is behind and cannot deliver, let's know that and understand why.

Balance...CS stated he was "confident" PEB will do tens of thousands...

I'm "confident" the All Blacks will thrash the Wallabies tonight.... that's my opinion...BUT that doesn't say the Wallabies can't win tonight.

Stop getting all excited....starting to get boring. I'm sure the question will get asked at the AGM by those that are concerned about this.

[Minerbarejet]

Will be watching for the little notice icon on ASB Securities come the 21st. If anything of note and price sensitive is to come from the AGM then I think it has to or should be released to the market prior to the meeting starting.
Dont think you will get Revelations, chapter 1 at the AGM.:)

Quarterly reports: "when there is something meaningful" I think were the words used.

Yes, the "confident" in that statement about 10/1000s is the impression gained by the reporter, not something that CS said.

(Miner retreats back behind Ack Ack defences)

[Whipmoney]

"" FDA approval currently isn't the be all and end all in this space.".....The be all is convincing a race of people who think the world starts and stops in the good ol US of A to use a product that is made in a country that most of them dont know where it is....If your a true blue Kiwi and your pissing blood would you rely on a test made in Bangladesh

Say whattt? Ummm the service is administered in the US and I don't really think people care where the specified bio markers were researched. Besides the underlying Cellmid midkine bio marker owned by an ASX listed company anyway so technically the 'product' could be classified as Australian (dare I say it..)

As per my example above precedent states that FDA approval isn't required for insurance approval.

I think a few more people need to do some actual research on comparable companies before claiming they know so much about this industry..

[waddis]

Say whattt? Ummm the service is administered in the US and I don't really think people care where the specified bio markers were researched. Besides the underlying Cellmid midkine bio marker owned by an ASX listed company anyway so technically the 'product' could be classified as Australian (dare I say it..)

As per my example above precedent states that FDA approval isn't required for insurance approval.

I think a few more people need to do some actual research on comparable companies before claiming they know so much about this industry..


Just for info Cellmid own the IP of just 1 of the 5 Biomarkers in Cxbladder so only a touch AU

[Tsuba]

(Miner retreats back behind Ack Ack defences)

I love your little end snippets Miner ;)

[Minerbarejet]

Just thought I'd throw this out here for discussion.

What happens if CS and DD reiterate their previous stands that everything is on track as far as they are aware, they stand by their remarks made during various interviews, and Jackie Walker provides a positive outlook of some sort.

Some form of protective gear might be a good idea for attendees, pith helmet, earmuffs, shoulder and kneepads perhaps for the resulting stampede for brokers and cellphones.:)

[Tsuba]

Some form of protective gear might be a good idea for attendees, pith helmet, earmuffs, shoulder and kneepads perhaps for the resulting stampede for brokers and cellphones.:)

And a new plan of attack for those who just love to knock. :cool:

[winner69]

Just thought I'd throw this out here for discussion.

What happens if CS and DD reiterate their previous stands that everything is on track as far as they are aware, they stand by their remarks made during various interviews, and Jackie Walker provides a positive outlook of some sort.

Some form of protective gear might be a good idea for attendees, pith helmet, earmuffs, shoulder and kneepads perhaps for the resulting stampede for brokers and cellphones.:)

You on to it mate

The story ain't changed and all going to the long term plan

THEY CANT BE ANYTHING BUT POSITIVE

If any punter is brave enough to stand up in front of Hancocks and MAC et al and ask about the shareprice all Swann has to say is 'We ain't no Rakon' and that be end of that discussion

[Minerbarejet]

This is getting serious.
A DH Vampire just went screaming overhead, looked like he was heading south for the AGM.:)

[Balance]

You on to it mate

The story ain't changed and all going to the long term plan

THEY CANT BE ANYTHING BUT POSITIVE

If any punter is brave enough to stand up in front of Hancocks and MAC et al and ask about the shareprice all Swann has to say is 'We ain't no Rakon' and that be end of that discussion

Best way of turning the institutional and professional investors off and unlike the average investor, they do not lack for biotech choices overseas.

Hint : It may have already happened?

[MAC]

This is getting serious.
A DH Vampire just went screaming overhead, looked like he was heading south for the AGM.:)

Should be a sure and steady as she goes message I reckon, confidently walking the commercialisation timeline. Sales staff increasing, products developing, network providers networking etc

Be good though to get a better forward timeline for triage and predict, I wouldn’t mind too a bit of articulation on the longer term timeline for the pipeline products, lot’s of investors cash put into those pipeline products.

[Dentie]

Balance...CS stated he was "confident" PEB will do tens of thousands...

I'm "confident" the All Blacks will thrash the Wallabies tonight.... that's my opinion...BUT that doesn't say the Wallabies can't win tonight.

Stop getting all excited....starting to get boring. I'm sure the question will get asked at the AGM by those that are concerned about this.

...I rest my case!

I would much rather CS, DD & Co be "confident" about the success of their great product - because success always starts in your own backyard. In fact, if I started to interpret their language as being anything other than "confidence", then I would probably start voluntarily withdrawing my investment.

There is a place for uncertain humbleness...but not generally in business.

[Minerbarejet]

*Thinks about buying 200 PEB shares tomorrow so he can go to the AGM and listen to others complain about himself being an "annoyance" like at the DIL AGM and stand up in front of Swanny and say "where's my money??!?!"*Mr Swann hasnt got your money, Moosie.
The joker you bought the 200 shares off has it:)

[geo]

Wonder if it will announced at the AGM how much cash is left in the bank, and if and when further cash raising will be required?????

[Minerbarejet]

...I rest my case!

I would much rather CS, DD & Co be "confident" about the success of their great product - because success always starts in your own backyard. In fact, if I started to interpret their language as being anything other than "confidence", then I would probably start voluntarily withdrawing my investment.

There is a place for uncertain humbleness...but not generally in business.
Quite right Dentie, where the heck would we be if everyone went around saying, " geez I dunno, doesnt look that flash, probably wont work, too risky, etc etc." Nothing would ever get done, built, invented or discovered. Peb management is not short on confidence and seems mostly very enthusiastic about what the future holds.

[MAC]

Wonder if it will announced at the AGM how much cash is left in the bank, and if and when further cash raising will be required?????

They had $20.4M cash and equivalents on hand at FY14, sufficient to carry them through to into 2016 without much in the way of revenue contribution, so no problems on that front. They have in addition secured more Callaghan funding since the capital raising too, $4.5M over three years.

It is comfortable enough for any startup company to have funding for up to a couple of years ahead.

Someone though is bound to ask the big question , whether profitability will be achieved at FY15 or will it be HY16.

Pacific Edge have previously implied that FY15 may be possible, I reckon HY16, my abacus tells me 15,000 to 20,000 sales are required, let’s see.

6141

[Balance]

Quite right Dentie, where the heck would we be if everyone went around saying, " geez I dunno, doesnt look that flash, probably wont work, too risky, etc etc." Nothing would ever get done, built, invented or discovered. Peb management is not short on confidence and seems mostly very enthusiastic about what the future holds.

In which case, why are they so reluctant to show their confidence?

Something really smells now.

[winner69]

The premise of not disclosing progress because they are uncertain of the trajectory to $100m is beyond a joke.

Just release the information (FFS), and let investors make informed decisions about whether to enter or exit.

Unfortunately, I can't make the AGM, but am confident that there are plenty of other disgruntled investors that will be asking the same questions I would have asked myself.

Will be watching the webinar with baited breath!

How does one access this webinar - website seems devoid of details

Might feed it through on to the big screen down the local

[Minerbarejet]

Maybe a few here should check out the continuous disclosure rules for NZX. Very interesting read.
A disclosure is only necessary if there is a marked difference between former projections, announcements, releases and the current situation it seems.
There doesnt appear to be a requirement to correct Media reporting or to respond to antagonistic outsiders trying to force information from the company. ( their words)
Maybe I am reading it incorrectly, but that is the gist of it as far as I can see, so far.
Google NZX continuous disclosure for an interesting hour or so.
Cheers
Miner

[Dentie]

$2.4M on new products to March 2015 and $1.6M the year after.

I bought way back in October 2012 (!!!) because, on PEBs website no less, thee launch of CxColorectal was imminent. This was a confidence builder as multiply products = diversified cashflows.

Nearly 2 years later and we still have no word on the product. Not even any kind of update except "it's on the back burner". Triage hasn't even been launched yet. No idea about the other products either.

It's also half way through August and CMS coverage that was optimistically said would be signed by niw? Nope, not even a whisper.

If I was a shareholder I wouldn't be waiting until the AGM, I'd be haranguing them every week. This us why I am not a shareholder anymore; the company has shattered my faith in it (so no use calling me a knocker Hank and MAC, the company let ALL of us down!).

I really hope all you guys still holding start asking the hard questions. Why should these guys profit over you? Some if you have been holding nearly as long as DD, so the "they deserve to sell" excuse won't fly with me. What else do they know that you don't?

I know you guys have cajones, otherwise you wouldn't be invested in a spec growth stock. Stand up for yourselves and use those balls I know you have!

You've made it clear you are no longer a shareholder Moosie ...so, why should you give a toss about the company - or those of us still invested?? Why should you care? You were lucky to get out near the top - so you looked after yourself well - please don't pretend you are looking after our best interests now. That's crocodile stuff...

[Minerbarejet]

every con artist I have meet is not short on confidence and seems very enthusiastic about what the future holds.
It would be interesting to meet a con artist without those traits.
"I've got these half built condo units overlooking sewage ponds, I dunno if you'd like one or not, personally I wouldnt have one myself." :)
Having enthusiasm and confidence does not automatically make you a con artist.
Anyone who believes that is beleaguered by suspicion.

[Dentie]

every con artist I have meet is not short on confidence and seems very enthusiastic about what the future holds.

God you are a crack up (or is that crackpot?) Snapiti... now you are insinuating the leaders of our company are con artists...

I look forward to seeing you get up on Thursday and asking them stuff at question time. We'll all be sitting on the mat watching on...

You make me laugh...holier than thou!

[Dentie]

Because I care about people and their financial health. God forbid someone should care about others these days...

Please care about us BEFORE you buy and then BEFORE you sell... then I'll see sincerity

[Dentie]

sorry merely stating another fact... should of remembered the PEB bulls are not interested in hearing facts but would rather hear hopeful preaching.
Well you will get truck loads of that at the coming AGM.

With that statement - any credibility you may have had with me has vanished. I'll be watching your future posts with interest...especially when the runs start being scored.

[Minerbarejet]

With that statement - any credibility you may have had with me has vanished. I'll be watching your future posts with interest...especially when the runs start being scored.
Its not cricket to trash the whole innings when the opening batsmen are a bit slow to settle in. This is a 5 year test and the chances of making a century at least are good.

[winner69]

Its not cricket to trash the whole innings when the opening batsmen are a bit slow to settle in. This is a 5 year test and the chances of making a century at least are good.

What are the Indian bookies offering for a win in 5 years

Maybe a bit of spot betting on the way ..... 25,000 tests to be announced atAGM is at short odds .....been fixed

[Dentie]

So my posts on other stocks I have never bought like VML or RYM or GTK or SKO or SLI or PAY or SEA or or or...

To think I post on here just for ****s and giggles or to ramp a stock is severely misinterpreting. If you ever meet me you'll see a much different picture than what you have in your head right now. Please don't judge a book by some thin internet veneer, I assume you are a much better man than that...

oooopps...apologies Moosie, actually you come across as being a nice and well meaning guy. The subject post however came across as a bit insincere to me. Here's why ... (sorry, a wee bit off PEB here)

You missed out SNK in your above list. I only became aware and looked into SNK after you positively posted (very early on). After looking at them a bit closer and gained an understanding of what they do, I purchased a few. Then I start reading repetitive posts from the likes of you and Balance desecrating Handley & his insiders (once again, AFTER you have sold out). Even though their numbers & territories etc are growing and Mark Ryan is steadying the ship and, IMHO, are displaying a good solid vision of where they want to go in the future etc etc...still the vilifying comments abound.

I agree it is not good to see insiders selling down their (cheaply attained) holdings at the expense of others, but it is only a loss on paper - until you sell. I am still in SNK and will hold for the long term. Again, IMVVVHO, based on what I've seen, I think SNK are on their way to doing well. I understand traders (incl you good self) won't share my view - but that is one of the downsides of being a trader I guess.

Whether you like it or not, other posters are clearly influenced by posts from the likes of yourself, Balance, MAC, Bobcat & Winner etc etc. Even though you are out of the trade when you post...please think about that influence.

Good thoughts to you Moosie. Now - back to PEB...

[blackcap]

very good point miner...... team PEB have loss the toss(could not find a jv partner) and been put into bat. Captian has told the media that they are aiming for 100m runs in 5 years.
What a huge target can they deliver.
In a strange move they have only named six batsmen.... wow now that shows confidence(more like arrogance)
first batsman. Mr DD very slow scoring.. looks satisfied just to occupy the crease.
second batsman. Mr AUS bowled for a golden duck
third batsman. Mr Europe bowled for a golden duck
forth batsman. Mr Spain stumped for a golden duck
fifth batsman Mr NZ lbw for a duck
sixth batsmen Mr US very slow start,given several chances, but has started to build a partnership with DD.

PEB batsmen are struggling to put runs on the board and they are running out of batsmen.
They are finding it hard to handle the googlies they are receiving and there are a few cracks starting to appear in the pitch(literally):)


As a tragic, I like that analogy :)

[psychic]

very good point miner...... team PEB have loss the toss(could not find a jv partner) and been put into bat. Captian has told the media that they are aiming for 100m runs in 5 years.
What a huge target can they deliver.
In a strange move they have only named six batsmen.... wow now that shows confidence(more like arrogance)
first batsman. Mr DD very slow scoring.. looks satisfied just to occupy the crease.
second batsman. Mr AUS bowled for a golden duck
third batsman. Mr Europe bowled for a golden duck
forth batsman. Mr Spain stumped for a golden duck
fifth batsman Mr NZ lbw for a duck
sixth batsmen Mr US very slow start,given several chances, but has started to build a partnership with DD.

PEB are struggling to put runs on the board and they are running out of batsmen.
They are finding it hard to handle the googlies they are receiving and there are a few cracks starting to appear in the pitch(literally):)


lol
copied for prosperity's sake
what drivel

[Minerbarejet]

:lol:Roflmao
There is hope for you yet, Snap

[MAC]

I think perhaps Moosie you may have a couple of matters a little loose there, letting that slide.

Hancock’s and others have contributed quite a lot to this thread over years and I think fairly carry some respect for that, they are investors that share information behind the scenes and take confidence from it, they put questions to the company and to organisations within the sector, and have been asking the right questions for a long time, they continually research and use that knowledge to assess investment risk over time.

There is a lot that never makes it to this thread, probably more so than I am humbly aware of.

You may knock away but unless you have even better insight from an even more reliable source it is unlikely you will ever really carry much influence with serious investors. It’s quite futile, can you see that ?

Some do take their investments personally, yes perhaps they fall in love with them as some say, I’ve heard others say that that they treat their holdings like their kids and they do probably put as much free time as available into learning more about them.

Whilst experienced investors don’t take the views of those with short term agenda at all seriously you may still insult their efforts in sharing information, it would be a shame if you and your mates drive any more constructive folk from the forum, I don’t honestly know why Hancock’s still bothers given the quality of debate over the last year, there really can't be much incentive.

Something to quietly consider.

[Dentie]

very good point miner...... team PEB have loss the toss(could not find a jv partner) and been put into bat. Captian has told the media that they are aiming for 100m runs in 5 years.
What a huge target can they deliver.
In a strange move they have only named six batsmen.... wow now that shows confidence(more like arrogance)
first batsman. Mr DD very slow scoring.. looks satisfied just to occupy the crease.
second batsman. Mr AUS bowled for a golden duck
third batsman. Mr Europe bowled for a golden duck
forth batsman. Mr Spain stumped for a golden duck
fifth batsman Mr NZ lbw for a duck
sixth batsmen Mr US very slow start,given several chances, but has started to build a partnership with DD.

PEB are struggling to put runs on the board and they are running out of batsmen.
They are finding it hard to handle the googlies they are receiving and there are a few cracks starting to appear in the pitch(literally):)

....
seventh batsman - Snapiti...a no show- ripped his pads & box off, run away as the ball was going too fast - happy to be a spectator.
eighth batsman - CS...sorted the recipe...captain's knock - partnership with DD of $100m in 4 years
ninth, tenth & eleventh batsman - core shareholders...no declaration on the horizon

No second innings required!
:t_up:

[ziggy415]

just because you take the negative view does that really make you a knocker...I find both sides of the argument enlightening and have learnt the good and the bad about Peb....I cant wait for agm and the number of test etc to see who was right or wrong....much better than the election posturing.......is snapiti really a knocker with an agenda or just an agenda with knockers :D

[Dentie]

just because you take the negative view does that really make you a knocker...I find both sides of the argument enlightening and have learnt the good and the bad about Peb....I cant wait for agm and the number of test etc to see who was right or wrong....much better than the election posturing.......is snapiti really a knocker with an agenda or just an agenda with knockers :D

Hi Ziggy - no, taking the negative view does not make you a knocker and, like you, I think it is great to get both sides of an "argument". But what gets my heckles up is the continuing repetitive negative bulls..t that Snapiti and his ilk keep posting on this (& other threads). I'll freely admit I'm not as quick as some, but even I get his sentiments by his second posting. If everyone became a believer in Snapiti's doomsdaying PEB comments, then he would end up owning the Company as they stampeded out the back door selling their shares. He's probably been accumulating for months!

[nextbigthing]

If you REALLY cared Moosie, you'd share your trading journal so we can follow your every move with stealth precision :p

Moosies trading journal can be purchased on special at Countdown this week, 12 rolls of Cottonelle for $6

:D

[Minerbarejet]

Hi Ziggy - no, taking the negative view does not make you a knocker and, like you, I think it is great to get both sides of an "argument". But what gets my heckles up is the continuing repetitive negative bulls..t that Snapiti and his ilk keep posting on this (& other threads). I'll freely admit I'm not as quick as some, but even I get his sentiments by his second posting. If everyone became a believer in Snapiti's doomsdaying PEB comments, then he would end up owning the Company as they stampeded out the back door selling their shares. He's probably been accumulating for months!:t_up: !...! 6
Must say I have enjoyed the cricket this weekend.

[mis chief]

:bored:One down, one to go then! My constant state of confusion wonders how one can be so knowledgeable on so many businesses, can’t leave much time in life for anything else. And a hint that “we all have info behind the scenes we don't share with others.” I could put you all to sleep with all that I know, that you don’t all know.:confused:

As for the other one, through my fog I can only perceive that maybe he should join me in my quiet room. Insinuations of company management being con artists, in his words “only stating fact”. What was the fact? That he stated it, or the management are con artists? Tsk tsk. There is fact, and there is fiction.


Damn, caught out again, trying to think for myself, and not be swayed by those who yell loudest and longest. Here comes another jab. Tell you what, on a good day I figure I’m big enough to think for myself, and don’t need anyone to tell me what or how I should think, or do, guess that applies to a lot of folk.

[Dentie]

Hi Ziggy - no, taking the negative view does not make you a knocker and, like you, I think it is great to get both sides of an "argument". But what gets my heckles up is the continuing repetitive negative bulls..t that Snapiti and his ilk keep posting on this (& other threads). I'll freely admit I'm not as quick as some, but even I get his sentiments by his second posting. If everyone became a believer in Snapiti's doomsdaying PEB comments, then he would end up owning the Company as they stampeded out the back door selling their shares. He's probably been accumulating for months! Actually, thinking about this further .... is short selling allowed on the NZX?

[Balance]

Whilst experienced investors don’t take the views of those with short term agenda at all seriously you may still insult their efforts in sharing information, it would be a shame if you and your mates drive any more constructive folk from the forum, I don’t honestly know why Hancock’s still bothers given the quality of debate over the last year, there really can't be much incentive.

Something to quietly consider.

Hancocks is a gem - those of us who follow PEB and are invested in the company appreciate his postings.

I would agree 100% that there are some who are traders with very short term views, and they are easy to spot because their tunes change with the direction of a company's share price.

There is how ever with PEB a disquieting element from some long term investors however - who seem to think the sun shines out of the proverbial of PEB's directors and management, and any challenge or question is intended to 'knock' the company.

Fact is that Darling and Swann have done a superb job taking PEB to where it is today - they deserve to be congratulated and applauded, and NZ needs more like them.

The important issue is whether they are the right people to take the company forward - do they have the right stuff, or is it better for the company to bring someone aboard with real commercial and international experience to manage the commercialization of PEB's products.

No less than Steve Jobs admitted that one of the best things that ever happened to him (and to Apple) was to be fired from the company first time round. He simply was not ready at that time.

I will be bold as to say that if DD and CS are not prepared to front up and bring investors up to date with how they are going, and to comment on how they are planning to reach the $100m target, they are not up to the job. This is not a big ask and provides a valuable measure of how they are going.

That's not knocking them but to put it plainly, PEB shareholders and the market deserve better after supporting them through the years.

PS. 'tens of thousands of tests' means precisely that - whether they are sales or not.

[mis chief]

Heres to the person who once said to me, " I have taught you everything I know and you still know bugger all":)

Give this man a big tick!:D

[winner69]

I would agree 100% that there are some who are traders with very short term views, and they are easy to spot because their tunes change with the direction of a company's share price.

There is how ever with PEB a disquieting element from so-called long term investors however - who seem to think the sun shines out of the proverbial of PEB's directors and management, and any challenge or question is intended to 'knock' the company.

Fact is that Darling and Swann have done a superb job taking PEB to where it is today - they deserve to be congratulated and applauded, and NZ needs more like them.

The important issue is whether they are the right people to take the company forward - do they have the right stuff, or is it better for the company to bring someone aboard with real commercial and international experience to manage the commercialization of PEB's products.

I will be bold as to say that if DD and CS are not prepared to front up and bring investors up to date with how they are going, and to comment on how many tests they are planning (not forecast) to sell each year to reach the $100m target, they are not up to the job.

That's not knocking them but to put it plainly, PEB shareholders and the market deserve better after supporting them through the years.

I took heart last year when you told me the Board recognised these management deficiencies and had addressed it by building up capability in the de facto USA Board.

You having second thoughts now Balance.

I couldn't but smile a little the other day when reading a Rubicon paper that this is the year that they are going to make money out of Arborgen. Wasn't that DD's success before joining PEB. Maybe commercialisation doesn't actually mean making a profit

[Balance]

I took heart last year when you told me the Board recognised these management deficiencies and had addressed it by building up capability in the de facto USA Board.

You having second thoughts now Balance.

I couldn't but smile a little the other day when reading a Rubicon paper that this is the year that they are going to make money out of Arborgen. Wasn't that DD's success before joining PEB. Maybe commercialisation doesn't actually mean making a profit

No change of heart yet at this stage but watching what they say at AGM carefully.

How they update the market and shareholders will tell me a lot about whether DD and CW have what it takes to make PEB a success, commercially.

Am getting ready to sell out completely or buy more.

[Dentie]

lol good reply...
well PEB might bring in some heavy hitters to fill the team line up.... it's not over until the last man is out.
PS I did turn up to play.... but after seeing the whole team I decided not to commit as on paper their chances of winning are very slim.

"On paper"...the All Blacks' chances of winning the last 6 world rugby cups were very strong. After gaining some "self belief" - they managed to win the last one ...by 1 point!

[winner69]

lol good reply...
well PEB might bring in some heavy hitters to fill the team line up.... it's not over until the last man is out.
PS I did turn up to play.... but after seeing the whole team I decided not to commit as on paper their chances of winning are very slim.

In 1939 the last timeless test match was played. After 12 days (9 days of playing) they called it off (abandoned) because England would have missed the boat home.

So keys give this match 5 years eh ....and then abandon it as a lost cause

No match fixing here?

[Balance]

"On paper"...the All Blacks' chances of winning the last 6 world rugby cups were very strong. After gaining some "self belief" - they managed to win the last one ...by 1 point!

And they were lucky to win that one!

This is the problem when the ABs go to the field as favorites but play 'not to lose' rather than 'play to win'.

[Dentie]

And they were lucky to win that one!

This is the problem when the ABs go to the field as favorites but play 'not to lose' rather than 'play to win'.

Totally agree with you Balance....it's all about attitude and belief!! Quite appropriate in the circumstances.

[Cricketfan]

This is the problem when the ABs go to the field as favorites but play 'not to lose' rather than 'play to win'.

I think it's more that in finals rugby (as with many other sports), the games are tighter and less free flowing, and this doesn't suit the AB's attacking game. They're at their best when both teams are throwing the ball around and there are counter-attacking opportunities.

[klid]

No trading yet. 6000 sitting at 65c. Should follow its XRO "brother" (my words) up. Free money today anyone?

[winner69]

or, like many minnow teams, will be bought out by a wealthy investor/business with more resource's to throw at it.

I think Mr Stanford is still in prison

Oh no bring up con men again

[geo]

You've made it clear you are no longer a shareholder Moosie ...so, why should you give a toss about the company - or those of us still invested?? Why should you care? You were lucky to get out near the top - so you looked after yourself well - please don't pretend you are looking after our best interests now. That's crocodile stuff...

I don't think Moosie was lucky to get out near the top,,he's a savvy guy he got out because they were overvalued.

[MAC]

I don't think Moosie was lucky to get out near the top,,he's a savvy guy he got out because they were overvalued.

Ha yeah, it’s a time horizon thing isn’t Geo.

Some would say others have done even better buying in at 18c, just two years ago (+260%). They may say the same thing if or when PEB is a $5 stock in a couple of year also, let’s see.

Many of the heated debates on this forum arise just because people are not aware of each other’s investment strategies and time horizons.

[stoploss]

PEB gets a mention here .IN the CDY update today ....

http://www.asx.com.au/asxpdf/20140818/pdf/42rjq6pd4r6wn0.pdf

[Minerbarejet]

PEB gets a mention here .IN the CDY update today ....

http://www.asx.com.au/asxpdf/20140818/pdf/42rjq6pd4r6wn0.pdf
Nice to see that Cellmid is looking after our fourlegged friends.
(Hare Care):t_up:

[Balance]

I think it's more that in finals rugby (as with many other sports), the games are tighter and less free flowing, and this doesn't suit the AB's attacking game. They're at their best when both teams are throwing the ball around and there are counter-attacking opportunities.

Champions play to all kind of conditions - by definition, that makes them champions.

I still shudder everytime I think of how the ABs under Taine Randall fell to pieces against the French - he should not have been made captain with the benefit of hindsight.

At least with McCaw, I believe Paddy O'Brien's favorite referee, Wayne Barnes, was completely out of his depth and made the most basic refereeing errors - impossible for any team to win when you have an idiot for a referee.

[MAC]

Agree with most of that Balance,

In addition I would add that one may benefit by considering that, just as with many companies entering a new market, there are some influences that management can precisely control and some that they may not have as much direct schedule control over.

That’s why long term strategic goals are appropriate over shorter term guidance at an early stage, that may change over the next couple of years, let’s see, but right now they are at the very start of a five year plan.

Insurer agreements happen when the insurers are ready, governmental approvals happen when bureaucrats decide to pick up a pen. Plus or minus six months even is noise in the big five year picture and the relative performance of management on such matters has to be contextual.

I would tend to split the view on management performance;

The NZ CEO and management skill set for PEB should be matched to laboratory management, R&D, establishing value propositions with good gross margins, and maybe selling into the local market as, well, a smallish test bed market for the tech.

The US CEO and management skill set for PEDusa should be matched to the management of sales & marketing, negotiations, governmental liaison, business strategy, market analysis and general commercial roll out.

We seem to be at a formative spot in that transition from NZ to US management.

It will be very interesting to receive some forward vision and outlook from JW at the AGM.

[Minerbarejet]

You back in Bobcat? See most of 64 got taken out.

[Balance]

We seem to be at a formative spot in that transition from NZ to US management.

It will be very interesting to receive some forward vision and outlook from JW at the AGM.

I had a meeting with someone who told me of one of his US contacts applying for a job with JW last year. His contact worked for one of the major pharmas. He did not get the job but made the point that he disagreed with the sales strategy being promoted by PEB. In the States, you have to feed the doctors and specialists with commissions and fees for recommending and using your products. Cheap actually means nothing there.

Anyway, one person's view.

[MAC]

One would think there was a reason for being rejected and probably for an opinion too.

I've worked in the US but not in sales, so wouldn't know about that actually, it does seem though from respective CV’s that both Jackie Walker and Jack Atchason have quite a lot of good solid prior experience in building successful biotech startups and selling into that market.

I imagine they are probably doing what has worked well for them in the past.

That strategy of working closely with the LUG’s and offering ‘free mini user programmes’ to selected HMO’s is worth something to them, along with the clinical value propositions, and the one third reduction in work up costs.

Chasing individual urology practices which are outside of larger managed organisations with “incentives” may happen too at some point, who knows, wouldn’t have thought that was a priority for PED just yet though, perhaps when they have the big boys signed up and have bought 20 flash cars for the proposed 20 sales folk yet to be hired.

[nextbigthing]

Any guesses as to what we're going to get out of the AGM?

[Balance]

Any guesses as to what we're going to get out of the AGM?

Let's hope it is a proper update and a strategic overview.

Market will not put up with a lot of waffle.

[Minerbarejet]

*mmmmmm, waffles, drizzled with real maple syrup, lashings of butter, a scoop of real french vanilla, drizzled chocolate sauce and smothered in whip cream.

Oh crap, did I say that out loud?

Uh oh, they're staring at me like I'm a waffle now as well.

Back into the woods I go...*
You forgot the "tens of thousands", sorry, hundreds:)

[Minerbarejet]

Any guesses as to what we're going to get out of the AGM?Nothing price sensitive, shouldn't,
unfair advantage to attendees. Look at last years, wash cycle rinse and repeat I reckon. Just hope the format has been upgraded.:)

[psychic]

Gee. lots pf posturing/ bullying going on at closing time...
Sell orders for 300k, buy orders flashing for 150k , all at .65, all pulled for the bell

[Xerof]

Gee. lots pf posturing/ bullying going on at closing time...
Sell orders for 300k, buy orders flashing for 150k , all at .65, all pulled for the bell

Haha, they like to posture like big swinging dicks, but they are just wee tossers

[Dentie]

Haha, they like to posture like big swinging dicks, but they are just wee tossers

hahaha.....a fun end to my day...thanks Xerof

[psychic]

YES!!! You were right new guy! There is an agm webinar! Just received email from peb with access code. You beauty.!

[psychic]

Now that I look I see It's actually from link..

[psychic]

Sweet! I see now that as part of the webinar thing, PEB have set up a facebook page for AGM questions! What a tremendous opportunity this is for the learned knockers among us to put these guys straight and point out to them what a bunch of self serving, cheating, low-life's they really are and ALSO perhaps offer some assistance with just how they should run this show properly. I mean, really hit em with some "facts". You know, like how to go about selling things like Bladder Cancer tests, how to win immediate clinical and Insurance Carrier uptake, general advice on J/V's and let em know why it is inferior decade old (FDA approved dammit) technology is future proof and, having perceived first mover advantage, will forever prevent cutting edge technology from perhaps saving lives, giving peace of mind, or just maybe a few of those awkward uncomfortable little moments where some stranger feeds a flexible camera up yer todger. :)

[nextbigthing]

Hey Psy Chic,

You're obviously pretty pro PEB and seem to have done a bit of research on it which is great. What is your opinion on the whole argument that while this is an amazing product, it's a bit of a one trick pony in that if you go to a medical professional with a problem such as blood where it shouldn't be, Urologists are seemingly still going to go for the camera to get a feel for what's going on in general. Thus meaning CXBladder is just an unnecessary expense. Kind of like what happened with Roger (thanks again for sharing Rodger).

I'd be interested to hear your thoughts on that.

Cheers,

NBT

[nextbigthing]

Anybody ordered a test through the online portal yet just because you can?

[psychic]

Hey Psy Chic,

You're obviously pretty pro PEB and seem to have done a bit of research on it which is great. What is your opinion on the whole argument that while this is an amazing product, it's a bit of a one trick pony in that if you go to a medical professional with a problem such as blood where it shouldn't be, Urologists are seemingly still going to go for the camera to get a feel for what's going on in general. Thus meaning CXBladder is just an unnecessary expense. Kind of like what happened with Roger (thanks again for sharing Rodger).

I'd be interested to hear your thoughts on that.

Cheers,

NBT

Hi NBT.
What little I do comprehend from research into all this is that there is definitely an intention to get away from, or at this stage at least reduce, invasive cystoscopies, Those in the know clearly recognize that bio markers can help here, and I think it really is only a case of further validation and acceptance. These things clearly move very slowly, but will happen. US will be first , the world will follow. Cheers

(edit: And on this score the earlier biomarkers, on their own, have not been up to it... :)

[psychic]

Sorry NBT, may have not addressed your point. But take Roger's unfortunate episode. If he had been able to dismiss Bladder Cancer earlier using Cxbladder, and just got on with treating the more likely infection, would he have been happier?- sooner.. ? Would it have been cheaper?

[MAC]

Psychic, I’ve received some further info from the AHRQ regarding schedule, I’ll PM it to you.

[Minerbarejet]

Aha,
The big batch at .68 has vanished.
Probably drip feeding a bit lower:)

[Bobcat.]

I'm back in, anticipating some good messages at tomorrow's AGM to boost investor confidence that this company and its products are not a fanciful dream.

Playing the odds a bit, I know..but I'm picking it's more likely that we'll be shown some tangible progress from PEB's operations these past few months, than get disappointed by it.

Slower uptake than earlier anticipated but ramping up nicely, with most ducks in a row...?

BTW, its chart technicals are looking good for a lift from here, with confirmed support at 55, 62 and now 64c.

[Balance]

I'm back in, anticipating some good messages at tomorrow's AGM to boost investor confidence that this company and its products are not a fanciful dream.

Playing the odds a bit, I know..but I'm picking it's more likely that we'll be shown some tangible progress from PEB's operations these past few months, than get disappointed by it.

Slower uptake than earlier anticipated but ramping up nicely, with most ducks in a row...?

BTW, its chart technicals are looking good for a lift from here, with confirmed support at 55, 62 and now 64c.

Eh - AGM is 21st which is 2 days plus away.

[Bobcat.]

Eh - AGM is 21st which is 2 days plus away.

True Balance - I'm a day ahead of myself. Nervous sellers may well provide an opportunity tomorrow and Thursday to pick up some more (down to 62c?).

[nextbigthing]

Sorry NBT, may have not addressed your point. But take Roger's unfortunate episode. If he had been able to dismiss Bladder Cancer earlier using Cxbladder, and just got on with treating the more likely infection, would he have been happier?- sooner.. ? Would it have been cheaper?

Thanks for the reply. The way I see it panned out and I fear this would be typical of most cases, they dismissed cancer and saved the cost of a cxbladder test and treated the infection. If they thought something else was up they'd go for the camera as they'd want to check the whole situation out. Only then if they were still unsure they might go for cxbladder.

Hopefully you see what I'm trying to get at. I think the product is amazing, however it doesn't necessarily guarantee usage -with Rogers case being a reasonably standard example.

Cheers,

NBT

[nextbigthing]

Psychic, I’ve received some further info from the AHRQ regarding schedule, I’ll PM it to you.

Share the love MAC

[MAC]

Share the love MAC

One should never kiss and tell NBT

[psychic]

Thanks for the reply. The way I see it panned out and I fear this would be typical of most cases, they dismissed cancer and saved the cost of a cxbladder test and treated the infection. If they thought something else was up they'd go for the camera as they'd want to check the whole situation out. Only then if they were still unsure they might go for cxbladder.

Hopefully you see what I'm trying to get at. I think the product is amazing, however it doesn't necessarily guarantee usage -with Rogers case being a reasonably standard example.

Cheers,

NBT

I don't follow NBT

I hope Roger won't mind me reproducing part of his "lab rat" post again :

I had my cystoscopy this morning and all good and the Urologist said she could see clear signs of the old infection despite this occurring on 1 June, 2 months ago that lead to the bleeding.
Cytology was also good, as were blood tests, renal ultrasound, bowel screening test and 2 x prostate checks. No further sign of haematuria has occurred since 1 June so its now crystal clear it was just a bad bladder infection and I'm all good In the circumstances as its clear what the cause of the original haematuria was there is no point taking a CX bladder test.


..So a two month wait - both worrying for Roger and family and an opportunity for any tumour to grow...
..A $1500 cystoscopy (that conceivably could have missed what Cxbladder may have in fact picked up/)
.. Cytology

An initial Cxbladder test could have saved this

(The ultrasound i assume checks for Kidney stones etc. I don't know)

Leaving a UT infection.

[Minerbarejet]

In a process of elimination surely one should attack the worst scenario first, as quickly, as positively and as cheaply as possible.
A negative result allows patient reassurance.
A positive result allows immediate treatment to start.

I dont mean checking for lung cancer just because of a cough, presenting with haematuria or coughing up blood is a much more serious symptom.

[Balance]

1 million shares crossed at 65c.

Someone is keen ahead of the AGM?

[Minerbarejet]

1 million shares crossed at 65c.
Someone is keen ahead of the AGM?
Either Snap or Moosie or both perhaps? Bobcat has got his.:)

[klid]

No trading yet. 6000 sitting at 65c. Should follow its XRO "brother" (my words) up. Free money today anyone?
And today XRO up 8%. Why PEB not following? LOL... will it happen in the coming days? They tend to sync eventually :)

[AndyLP]

cxBladder on the 'currently being assessed' list for insurance coverage at Southern Cross insurance. Apologies if re-post

https://www.southerncross.co.nz/society/for-members/claims/unapproved-healthcare-services.aspx

[psychic]

Good find Andy, all falling into place :)

[psychic]

Hey NBT. Sure I've posted this before but thought worth putting up again

Review article Sapre et al "gene based urinary biomarkers for bladder cancer"

http://www.urologiconcology.org/article/S1078-1439(13)00289-5/fulltext#copyright

Excerpts:

The morbidity of cystoscopy is often underestimated, and patient adherence with surveillance is as low as 40% [1]. It is also an expensive and resource-intensive procedure, making BCa the single most expensive cancer to treat per incident case from diagnosis to death [2]. Finally, flexible cystoscopy has a definite false-negative rate, particularly for carcinoma in situ.


There is a pressing need for an accurate noninvasive test to assist diagnosis and surveillance of BCa. Urine is in direct contact with BCa cells, and hence is an ideal source for investigation of noninvasive biomarkers of BCa.
....
Cytology, the only urinary test that currently aids cystoscopy in routine follow-up of patients has high interobserver variability and poor sensitivity especially for low-grade tumors [4]. Several studies now support the cost-effectiveness of incorporating noninvasive urinary biomarkers in the surveillance of BCa [2]. An ideal noninvasive test for BCa should give a bedside result, be cheap, easy to use, reliable and accurate, and not be affected by inflammation and infection. Most importantly, it must have a high negative predictive value (sensitivity) to avoid missing tumors.
....
There are several protein- and cell-based commercial and investigational markers that have been the subject of much research, such as nuclear matrix protein 22, bladder tumor antigen, ImmunoCyt, BLCA, and hyaluronic acid/hyaluronidase, which have been extensively reviewed previously and are not discussed further here. Table 1 summarizes the current commercial and investigational urinary biomarkers in BCa. However, the performance of such cell- and protein-based tests has been too inadequate to incorporate them into routine clinical practice, primarily because they are affected by other bladder conditions such as infection, inflammation, and intravesical therapy, and this has given a way for gene-based biomarker testing in more recent times.
....
The most promising new biomarker and the closest to clinical translation is the uRNA2 assay (Cxbladder; Pacific Edge, New Zealand)
....
The lack of clinical benefit of protein- and cell-based urinary biomarkers and the emergence of high-throughput genomic platforms have given way to pursuit of gene-based profiling of biomarkers. However, the majority of these studies remain in the discovery phase, and what is now needed for clinical translation of these markers is multicenter prospective validation studies in large clinical settings with adequate scientific and statistical rigor.

[psychic]

And a few snipets on the competition...

NMP22: numerous studies have shown that increased
levels of NMP22 are associated with bladder cancer.
Therefore, NMP22 has been approved by FDA as a
urinary biomarker. A recent study has suggested that for
clinicians who would do a cystoscopy at a threshold of
5% for recurrence or 1% for progression, NMP22 level
is not helpful for decision-making. However, for less
risk-reluctant clinicians, NMP22 helped to show which
patients needed cystoscopy and which could be spared it
(Shariat et al., 2011). Systematic reviews of diagnostic
value of NMP22 and urine cytology has shown that the
sensitivity of NMP22 for detection of bladder cancer is
higher than urine cytology, but the specificity is lower than
it. So it seems that currently NMP22 cannot replace urine
cytology (Hu et al., 2012). In another study, it has been
revealed that UroVysion together with NMP22 can detect
more cases than cytology alone, at the cost of a lower
specificity. However, the increase in sensitivity is not
worth the high costs of UroVysion and the false-positive
tests of NMP22 (Pesch et al., 2013).

[Dentie]

cxBladder on the 'currently being assessed' list for insurance coverage at Southern Cross insurance. Apologies if re-post

https://www.southerncross.co.nz/society/for-members/claims/unapproved-healthcare-services.aspx

Well, given how easy it is to pronounce - compared to every other "thing" on that list...CXBladder should be the first one to get assessed!

[nextbigthing]

Hey Psychic,

Thanks for the articles. I have no doubts as to the ability of the product.

I have virtually nothing to do with the medical world. However I get the impression when someone goes in with blood in their urine they're going to start with the simple and more common things first such as a UTI and go from there. Then if that doesn't work and they decide it's a bit more complicated then they're going to want to 'take a look' 'just to make sure and see what's going on'. Only then might they consider a test one they've ruled most other stuff out.

If you go in with a cough, they don't assume lung cancer. They start at the bottom and work up starting with the flu for example and work up from there. I get the impression this method of starting at the smallest problem and working up is standard and will apply to bladder problems as well. Then if they think it might be serious instead of going for a cxbkadder test, they're going to want to look inside to see what's going on. Then if they suspected cancer they could use a test, however this would be only in a very very small portion of cases. Less than what perhaps they're banking on.

It sounds like this is amongst exactly how it panned out for Roger.

As for the argument about the piece of mind, yes I agree that's there. But health boards unfortunately aren't going to pay for that. And as for the people funding it themselves, again Roger is a classic case. He is buying shares so he's obviously in a position to pay for a test, yet opted not to. Only a small prob of people are going to.

Don't get me wrong I think this is a brilliant product. But I'm sure there's thousands of examples of brilliant products that have gone mostly unused.

Interested to hear people's thoughts as to why it will get used.

I'm struggling to find a good analogy however a poor one -if your car breaks down you pop the hood and take a look instead of replacing the most serious components first trying each one until the car goes.

No Rogers were harmed in the making of this post.

[nextbigthing]

One should never kiss and tell NBT

But sharing is caring MAC.

I guess I won't be passing on details of my very interesting conversation with DD the other day then

:)

[Minerbarejet]

1.5 mill already this morning- action stations.:)

[robbo24]

wont be tuned in tomorrow.... unfortunately for shareholders the PEB board have been playing a game of vagueness is king not wanting to be caught out with over promising and under delivering (very easy to do when you are not delivering)
Going back over the minutes of previous AGM's I doubt anything will change tomorrow..... a well rehearsed things are going to plan with some good developments in the future bla bla bla.
Share holders will simply be told what they want to hear.

You won't tune into the agm or engage with the content....

But you can bet you bottom dollar you will be on this thread posting/moaning about it.....

[psychic]

Thanks NBT.

Common causes of blood in urine include:

Bladder or kidney infections
Bladder or kidney stones
Certain kidney diseases
Enlarged prostate
Inherited diseases such as sickle cell anemia and cystic kidney disease
Certain medications such as aspirin, penicillin, heparin, cyclophosphamide, and phenazopyridine
A tumor in the bladder, kidney, or prostate
Kidney injury from an accident or sports
Vigorous exercise
Sometimes, what appears to be blood in urine is actually red pigment from other sources such as food dyes, medications, or an excessive amount of beets.

My understanding is that they do in fact throw the works at you if you present with hematuria - wasn't this Rogers experience?
Kidney stones etc are seen by renal ultrasound, so to me the cytoscopy is checking for Bca or evidence of infection.

So why wouldn't you rule out Bca first using Cxbladder? Why have that "look around at all?

I know Cxbladder is being promoted as an adjunct to cytoscopy only at this stage but my impression is that long term the desire is to do away with cytoscopy completely and cxbladder may well be a part of the answer

[MAC]

But sharing is caring MAC.

I guess I won't be passing on details of my very interesting conversation with DD the other day then

:)

I've never posted company or associated correspondence on the internet, it's not a matter of information sharing or not for me NBT, more a mater of trust and moral preference, each to their own.

Behind the scenes to a trusted few in confidence is ok, but not openly on the internet for the entire world to see, again each to their own.

[Balance]

1.5 mill already this morning- action stations.:)

Big seller is finding buyers of size as well - now backing off selling on market.

So who knows better? The buyer(s) or seller?

[robbo24]

Are you that confident that there will be plenty to moan about.....
I am not so sure about that as you are only going to hear what they want you to hear.... all positive I would of thought.

Unfortunately my day job won't allow me to attend.

I wish you all the best while sitting around in your undies banging on a keyboard for hours a day with the sole intention of riling up investors in a stock in which you have zero financial interest.

It's ironic that someone with such a contra-interest in the stock wouldn't attend...

[psychic]

Big seller is finding buyers of size as well - now backing off selling on market.

So who knows better? The buyer(s) or seller?

Wish we knew Balance. I'm hoping the seller is someone having to sell, whereas we know buyers don't have to buy..

[Markymarknz]

Thanks NBT.

Common causes of blood in urine include:

Bladder or kidney infections
Bladder or kidney stones
Certain kidney diseases
Enlarged prostate
Inherited diseases such as sickle cell anemia and cystic kidney disease
Certain medications such as aspirin, penicillin, heparin, cyclophosphamide, and phenazopyridine
A tumor in the bladder, kidney, or prostate
Kidney injury from an accident or sports
Vigorous exercise
Sometimes, what appears to be blood in urine is actually red pigment from other sources such as food dyes, medications, or an excessive amount of beets.

My understanding is that they do in fact throw the works at you if you present with hematuria - wasn't this Rogers experience?
Kidney stones etc are seen by renal ultrasound, so to me the cytoscopy is checking for Bca or evidence of infection.

So why wouldn't you rule out Bca first using Cxbladder? Why have that "look around at all?

I know Cxbladder is being promoted as an adjunct to cytoscopy only at this stage but my impression is that long term the desire is to do away with cytoscopy completely and cxbladder may well be a part of the answer

I was trying to understand this better myself (I posted a few questions to Roger a few weeks back). My friend had to get a poke up the pecker because he had blood in urine, it ends up it was caused by biking.

If as you say the cytoscopy will only check for bladder cancer or evidence of infection then what do you think would be done if a CX Bladder test was instead used and it came back negative? How would you see the docs process panning out from there?

[nextbigthing]

Big trade gone through and now buy side stacking up...

[psychic]

I was trying to understand this better myself (I posted a few questions to Roger a few weeks back). My friend had to get a poke up the pecker because he had blood in urine, it ends up it was caused by biking.

If as you say the cytoscopy will only check for bladder cancer or evidence of infection then what do you think would be done if a CX Bladder test was instead used and it came back negative? How would you see the docs process panning out from there?


I'd have thought rule out kidney/ prostrate problems and then....
do another cxbladder test in a couple of months.. ;)

[JimHickey]

Seller working through price discovery and probably seeing an iceberg buy order at 65 so will stop and see if they can get better price higher up the chain. Expect a late day sell down if they are keen to offload.
Do you have absolutely anything to back this up? All I see you post are these random theories with no logical backing and they often are completely wrong.

[Bobcat.]

PEB's support at 64/65c has held very firm these past few days. Unless there is a real bombshell dropped at tomorrow's AGM (unlikely IMO), I'm confident that we'll see an upward trend-line established from here.

Discl: now holding again.

[goldfish]

And im out again, my parcel got bought before, maybe should have held on a bit longer...lots of support.
Not a bad trade for the week though.

[nextbigthing]

Where/when do you plan on exiting Mr Bobcat?

[klid]

What a surprise. XRO up today again a little. Dont see this dropping below 68 today unless youre right moosie... given the volumes... maybe theyve finished or it was pre organised. Silly seller anyway IMHO.

[nextbigthing]

I have calculated that the seller is finished or very near it - had around 2.5m left on Friday. I bought another parcel again today also.

How do you know that BK?

[psychic]

I have calculated that the seller is finished or very near it - had around 2.5m left on Friday. I bought another parcel again today also.

Thanks BK. You reckon they started selling down at .75 ?

[davflaws]

Actually I am sitting in my wetsuit as I am about to go for a spearfish... enjoy your day at work.

Where?????

[psychic]

The seller is the last holding for Huljich who has been the main seller for some time now - through different entities. He started selling much higher than .75 not exactly sure where. I think the pressure on the share price may now ease.

Thanks. Well, we wish him well with Pushpay or whatever the new fancy is, I think.

[Dentie]

The seller is the last holding for Huljich who has been the main seller for some time now - through different entities. He started selling much higher than .75 not exactly sure where. I think the pressure on the share price may now ease.

Yes...thanks for your insight BK - appreciated!

[Bobcat.]

Where/when do you plan on exiting Mr Bobcat?

Depends what is announced at the AGM. Technically I see resistance at 75c (previous support) and then nothing significant until $1.

If tomorrow's AGM takes the sp through 75c, that would be very bullish. If instead it lingers there, I'll probably profit-take.

Are you holding, NBT? If so, what's your selling strategy?

[Minerbarejet]

The seller is the last holding for Huljich who has been the main seller for some time now - through different entities. He started selling much higher than .75 not exactly sure where. I think the pressure on the share price may now ease.
Certainly looks like you are right, some easing today, with more tomorrow, maybe?

[ziggy415]

what time tomorrow...cant wait.....bit like waiting for santa to arrive......10,000 or 2,000... own no shares and im on the edge so some of you guys wont sleep tonight...just hope there,s not to much "told you so"....:t_up:

[klid]

what time tomorrow...cant wait.....bit like waiting for santa to arrive......10,000 or 2,000... own no shares and im on the edge so some of you guys wont sleep tonight...just hope there,s not to much "told you so"....:t_up:

How can I watch it!? :( I got a letter for voting which I sent back - didn't see any details on that.
Just logged into LINK and set PEB comms to email but see no details in there.

[winner69]

Anybody got instructions for the webinar tomorrow or can point me in the right direction, please???

Think they don't want us to watch.

Scientists have never been any good at communicating with shareholders

I'd like to know how to watch as well ......please

[nextbigthing]

Fair question Bobcat. I managed to feed out the parcel I got the other day into the market today for a healthy wee profit. Happy to reduce my risk. I still have my parcel in the long term hold account which I view as either written off already or a new Lambo one day :) Cheers

[Balance]

How can I watch it!? :( I got a letter for voting which I sent back - didn't see any details on that.
Just logged into LINK and set PEB comms to email but see no details in there.

You should have received an email which asks you to "Click here to watch event.'

Note you have to be a shareholder and given them an email address.

[Minerbarejet]

All a bit mysterious, no codes for me either, got a hold of Link and asked them to email the details, nothing yet, probably arrive Friday.:)

[winner69]

You should have received an email which asks you to "Click here to watch event.'

Note you have to be a shareholder and given them an email address.

Most just announce it on the NZX or at least on their own website

Not to hard I reckon

Unless STRICTLY for shareholders, no GA as they say in show business

[AndyLP]

Anybody got instructions for the webinar tomorrow or can point me in the right direction, please???

https://www.oneroom.co.nz/view/authorise.php?k=MzVQTG9nPT06cmxDZUdYY2U=

Just before the AGM I think you'll be prompted to enter your holder number

[psychic]

Lol, is this where we see who actually holds....

[Xerof]

Watch for the prancing moose suit guy go across the stage at half time tomorrow ;)watch for the guys with AK47's under their greatcoats ......

[Markymarknz]

I'd have thought rule out kidney/ prostrate problems and then....
do another cxbladder test in a couple of months.. ;)

I would be pretty peeved if a doctor wanted to undertake a Cystoscopy only for the purpose of telling me that I am clear of bladder cancer when I know there is a much simpler way to check :confused:

[psychic]

I would be pretty peeved if a doctor wanted to undertake a Cystoscopy only for the purpose of telling me that I am clear of bladder cancer when I know there is a much simpler way to check :confused:

Yup, but that is where we are at I suppose. They will follow clinical guidelines until these are changed. It is a long process, significant progress has been made, hopefully tomorrow we will hear more about this.

[Minerbarejet]

They are quick to evaluate with the assistance of cytology which is at about the halfway line, why not be equally as quick with something about 5 metres out and in some cases well over the line. (Upper tract)
This appears to be the key to the whole thing, replacing cytology initially, running in parallel for some time and eventually along with further developments becoming part of the gold standard or even the gold standard itself. Time will tell, change is in the air.
Have a sausage roll for me. GLTA
Miner

[Slam dunk]

Don't see what all the confusion / complaints are about regarding the webinar. As a shareholder, I have received two emails with a link to download the webinar app and a code to login. I downloaded the app a couple of days ago and put in my log in code to check it was all working and there was a message confirming how many days until the PEB webinar. So good confirmation I was in the right place and at 4pm today I can expect it will work for me.

Well done PEB. There are many more established companies on the nzx that have more resources at their disposal that can't manage to make this service available to shareholders.

Happy viewing...

[Minerbarejet]

Did you get any fish?

[Balance]

This thread is full of rose tinted views about PEB when in reality they have failed to deliver in any country to date.
I would imagine the believers are going to be preached to today and will be told exactly what they want to hear apart from anything with real substance.
After the disciples have been told what they want to hear this forum will be full of even more rose tinted comments. How sad.
I would encourage anyone who is considering investing in this company to review the minutes of the previous AGM's. This will give a much clearer view of how PEB's strategies have played out to date.

"Tens of thousands of tests in 2014"

Let's see what Mr Swann says this afternoon. If he does not address this issue, PEB has just wasted all the time and money spent organizing the AGM and flying in Jackie Walker from US to address the meeting.

[klid]

How many holders here couldn't sleep last night like Xmas eve? Hope DD delivers you guys some good presents and not BRL coal!

I don't get that behaviour. I think of like... I was watching the news last night and there was some comment by David... Shearer or Cunliffe, can't remember which, both so similar, ahh, anyway, he said that the people that bought into Mighty River Power would be cracking their champagne bottles whereas the people who didn't will be doing the opposite as they will have to fork out more for power.

But on this very day, on the release of this news of MRP record profits, the share price actually DECLINED. Anyone who DIDN'T buy into MRP can suddenly do it! At a bloody discount!!!!

Thank you Andy from Sweden for the link! 7 Hours. Looking forward to it, although, whether you're an investor NOW or not, you can be one or not be one whenever you want, with ease, right!?!?

[Balance]

Really?!?! :-O

He is either a very brave man or seriously foolish to buy PEB using a margin loan account?

Would have been many a margin call in the last few months!

[JimHickey]

Harbour shareholding up 4m shares to 24m

[winner69]

Really?!?! :-O

Were you mislead by the ASB list of margin ratios?

Special arrangements for special people exist Moosie

[sharp]

So Harbour has been buying off Huljich.

Good operators, Harbour - they do their homework before investing.

Agreed. They have been buying up DIL too.

Unlike retail investors the instos are in it for the long term - and generally not flummoxed by short term SP volatility, rumours, gossip and intraday traders sentiments.

IMO its a positive endorsement by Harbour.

[JimHickey]

I would say that cements that .65 level as pretty big support!

[sharp]

Same harbour that bought up large on RAK? Insto buys do not automatically guarantee returns ;)

When did they buy into RAK?

How do you Moosie find the time and resources to follow all the companies that you follow?

[Okebw]

[QUOTE=sharp;499583]When did they buy into RAK?

QUOTE]

2010

http://www.rakon.com/corporate/investor/ir-announce/details/199859

[Copper]

So Harbour has been buying off Huljich.

Good operators, Harbour - they do their homework before investing.

Good grief Balance. I just looked up their Directors.There are a few there that take me back to the eighties and nineties.They have lasted well.Hope they aren't getting too long in the tooth.cheers...

[winner69]

Good grief Balance. I just looked up their Directors.There are a few there that take me back to the eighties and nineties.They have lasted well.Hope they aren't getting too long in the tooth.cheers...

PEB directors?

[Copper]

PEB directors?

No...Harbours..sorry for confusion..

[Balance]

Good grief Balance. I just looked up their Directors.There are a few there that take me back to the eighties and nineties.They have lasted well.Hope they aren't getting too long in the tooth.cheers...

Yes - very well connected individuals.

[Balance]

[QUOTE=sharp;499583]When did they buy into RAK?

QUOTE]

2010

http://www.rakon.com/corporate/investor/ir-announce/details/199859

I think most of the Rakon shares were transferred to Harbour as a mandate.

[Copper]

[QUOTE=Okebw;499584]

I think most of the Rakon shares were transferred to Harbour as a mandate.

I have a feeling looking back that they could be Sir Peter Maire's.He has a background connection to all this mob.....

[winner69]

PEB heading back to 90 plus .....nice

Just failed last time ...this time will be different methinks

Hope the sermon is a rip roarer this arvo.

[Slam dunk]

"Tens of thousands of tests in 2014"

Let's see what Mr Swann says this afternoon. If he does not address this issue, PEB has just wasted all the time and money spent organizing the AGM and flying in Jackie Walker from US to address the meeting.

Will you be asking the question Balance?

[barney]

Harbour Asset Management first brought in at 19 cents and from memory took up the rights issue last year at 55 cents. Encouraging that they are still buying at current prices.

[jonu]

What a difference a day makes-24 little hours. Apologies for the plagirism.

[Balance]

sorted. Hope you all enjoy the AGM. Look forward to everybody's biased reporting of it later on!~ :cool:

Waited with baited breath for Mr Swann to confirm his 'tens of thousands of tests in 2014'

:D

[Xerof]

Waited with baited breath for Mr Swann to confirm his 'tens of thousands of tests in 2014'

:D If you are embarrassed to ask from the floor, one of you Facebook users might like to put it up as a question.

I have never used FB in my life, so it won't be me, but they have a facility for posing curly questions to be answered at the AGM. Please phrase it in a way that won 't get their gander up (so not you New Guy :D)

[Minerbarejet]

LOL, I will die if he confirms this statement, and will otherwise probably just throw small inanimate objects at the screen!
So what we do now is watch the webinar and then read the article that will appear in the ODT and see if there is any connection.:)

[Slam dunk]

Their page was last updated about 75 days ago. Are you sure that people can post AGM questions on there. Can't see anything about it.

I found the page a couple of days ago but can't find it anymore

[Balance]

100K to buy at 70c and 100k to sell at 74c - someone is making a spread?

Either way, one will go by 5 pm

[winner69]

logged in and ready to go!


5 degrees feels like 2 degrees

Hope they turned the heaters on else short meeting

[blobbles]

Hopefully some kind soul will be posting updates/interesting questions and answers on here! I am mobile at the moment, on a long train journey, only have 3G! Will break up my boredom at least!

[nextbigthing]

Hopefully some kind soul will be posting updates/interesting questions and answers on here! I am mobile at the moment, on a long train journey, only have 3G! Will break up my boredom at least!

It's viewable for up to 5 days after apparently Blobbles so you'll be able to catch up

[nextbigthing]

Pretty sure that means you ARE logged in!

I originally used the link the other kind person posted on page 730 - it never required me to enter a CSN so assumingly it's using theirs? PEB might be wondering why one CSN had 1000 devices watching from it....

[ziggy415]

It's viewable for up to 5 days after apparently Blobbles so you'll be able to catch up
I think you will get a feel of the meeting....sp will tell the story

[Xerof]

Pretty sure that means you ARE logged in! Yes, it's as easy as peeing in a bottle. If you clicked the link, everything is done for you

[klid]

Interesting to note that as of now XRO and PEB over the last 3 months have ended up with the same movements:

XRO $32.50 - $23.70 - 27.08%
PEB $1.00 - $0.73 -27.00%

[Bilbo]

timed out already.

Yes, looks like they are having technical difficulties. I saw some video for about 60 seconds but now just get an "event is not available at the moment" message

[nextbigthing]

"event is not available at the moment"

Choice.

Same. It was working for a minute. I think I saw Hancocks sitting there.

[mcdongle]

crashed my pc lol

[Ginger_steps_]

oh geez - this stream is going to be painful!

[Xerof]

W69, it must be quite warm - a lady just removed her puffer jacket :t_up:

[psychic]

wait - he said something about tens of...dammit

[nextbigthing]

And out again. FFS, this could be REALLY frustrating.

We gave you ONE job to do oneroom. Just one.

[Slam dunk]

This is so frustrating!!!

[Minerbarejet]

Think Ill come back after dinner
Wait Ill take the dog for a walk, its bound to start then

[Xerof]

wait - he said something about tens of...dammit I'm sure I heard 'hundreds of thou...." lost transmission again

[winner69]

Any body bring their sample along

[psychic]

lets just do this ourselves...

[nextbigthing]

I'm sure I heard 'hundreds of thou...." lost transmission again

Hundreds of thousands of frustrated viewers

[psychic]

The streaming service they are using from www.oneroom.co.nz is targeted at funeral homes allowing them to stream services to family and friends. Strange to PEB would use a service targeted for streaming funerals, or is that a subtle clue ..?

lol, had a family funeral recently - they cut off the last 15...

[hilskin]

Sorry just kidding, the above just released to market :)

[winner69]

The words and pictures up on NZX site\

https://www.nzx.com/companies/PEB/announcements/254217



https://www.nzx.com/files/attachments/198958.pdf

[JimHickey]

Do find it interesting that none of the NPN sales were made until after 31st March 2014. Quite a time delay there.

[klid]

a quick skim reveals absolutely nothing new or of any real interest. This is bull****.
lol yeah seen all those diagrams etc before. I want to hear about CMS, what the **** is happening.

[nextbigthing]

I want to hear about CMS, what the **** is happening.

I'd just like to be able to hear...

[winner69]

lol yeah seen all those diagrams etc before. I want to hear about CMS, what the **** is happening.

Is only an ASM - normally reread the Annual Report

Expectations were too high - alls on track - this is a five year plan

[Meister]

Do find it interesting that none of the NPN sales were made until after 31st March 2014. Quite a time delay there.

Yes, the 'TIMELINE OF ACTIVITY FOR DEVELOPMENT OF US SALES' section is very interesting. May help explain why such low sales numbers were in our last report. All those signups that generated enthusiasm may have barely been 'getting underway' during that reporting period.

[mcdongle]

There is a network issue on location. We are recording the event and will make it available via delayed recording if we cannot restore the connection.
We are sorry for the inconvenience.
Regards,

David Lutterman | CEO

OneRoom Automated Webcasting

Direct + 09 379 6115 | Mobile + 021 592 800 | Web + www.oneroom.co.nz (http://www.oneroom.co.nz/)

[mcdongle]

There is a network issue on location. We are recording the event and will make it available via delayed recording if we cannot restore the connection.
We are sorry for the inconvenience.
Regards,

David Lutterman | CEO

OneRoom Automated Webcasting

Direct + 09 379 6115 | Mobile + 021 592 800 | Web + www.oneroom.co.nz (http://www.oneroom.co.nz/)

[JimHickey]

Is only an ASM - normally reread the Annual Report

Expectations were too high - alls on track - this is a five year plan
This. They have reiterated their confidence in the target.

[blobbles]

Sounds like same old-same old after having a read of the report... not much point in hanging out for the video if that is all they are going to say! Unless some interesting questions are asked and enlightening answers given, nothing has changed and we will probably see the SP drop to where it was before ~60-65c is my guess.

[JimHickey]

Sounds like same old-same old after having a read of the report... not much point in hanging out for the video if that is all they are going to say! Unless some interesting questions are asked and enlightening answers given, nothing has changed and we will probably see the SP drop to where it was before ~60-65c is my guess.Logical basis for this? I have absolutely no idea why people expect anything major in PEB AGMs.

[Xerof]

Balance, was that you selling?

[benjitara]

I simply don't know why people thought there were going to be thousands of tests done last year. I would still be positive about this product had they reported today that the only tests they had done were out of the Nz laboratory... I have to believe traders on the thread simply wanted the golden goose before the eggs where even laid. wonker, where's wonker? right when I see him boy, I'll give him a roasting...

[NT001]

I think a bit will depend on what the lady heading the US team has to say.

[Xerof]

There will be nothing new or special said in the presentations. Hancocks and MAC will get some juicy bits over the sausage rolls and gumboot tea, afterwards

was Jackie even introduced?

I hear from the floor that Oneroom have stuck a camera up the pipe to check for faults in the network

[Minerbarejet]

What glimpses we did get indicated Cellmid may do well in the future.:)

[nextbigthing]

DD, "they're turning hostile, how long until the sausage rolls come out?!"

[silverblizzard888]

In there powerpoint they write "Target gross revenues of over NZ$100 million after five full years of trading with very attractive margins".

Was it really necessary to write "with very attractive margins". It kind of more than affirms the 5 years goal, but a promise of spectacular profits, when they could have just stuck to target of 100 million after fives years.

[JimHickey]

Quite symbolic that the AGM webinar turned out to be such a spectacular fail. I can only laugh...
Aaaaand block user.

[NT001]

How many presentations have I been to that were turned into embarrassing disasters by tech failures.

[nextbigthing]

Anybody at the presentation who can give us an update, eg are they having question time and is it any good?

[Slam dunk]

Thanks to the person who typed up so much! Two out-takes for me so far
1. They've re-confirmed the goal as readily attainable, in fact now they're saying 'more' than $100m
2. They intend to roll out the e-commerce functionality beyond nz market

[Minerbarejet]

DD, "they're turning hostile, how long until the sausage rolls come out?!"
CS: "We dont want to provide them with ammo, Dave"

[Xerof]

If Oneroom ever IPO, someone remind me not to bother....

[NT001]

SP down to 71c

[Minerbarejet]

Maybe the internet is full up.
Seems to be "room" for improvement.:)

[nextbigthing]

CS: "We dont want to provide them with ammo, Dave"

DD; Good point Swanny, I knew there was a reason we pay you so much. What about that Moose, if we can distract them by pointing him out we might be able to sneak out the back door...

[Xerof]

CS: nah, he was shot earlier, and is the sausage in the rolls.......

[blobbles]

Likely to end down for the day now I suppose... <70c?

[Balance]

100K to buy at 70c and 100k to sell at 74c - someone is making a spread?

Either way, one will go by 5 pm

Looks like it's the 70c gone.

[Minerbarejet]

The whole thing is an antler climax

[Balance]

If Oneroom ever IPO, someone remind me not to bother....

What a disaster.

A great opportunity to showcase their technology and they cannot even get it up!

And blaming it on network issue!

[nextbigthing]

CS: nah, he was shot earlier, and is the sausage in the rolls.......

DD: That would explain why they taste so (insert any plethora of offensive words to Moosie here). Dammit Swanny we're running out of ideas here, I don't want you having to make any outrageous claims about tens of thousands of sales! What about that reporter, let's point him out!

[Balance]

DD: That would explain why they taste so (insert any plethora of offensive words to Moosie here). Dammit Swanny we're running out of ideas here, I don't want you having to make any outrageous claims about tens of thousands of sales! What about that reporter, let's point him out!

CS : If we cannot dazzle them with brilliance, let's dazzle them with Moose dung. :D

[Meister]

Well, I would love to hear if anything special was asked during question time, but I am feeling positive.
We basically have a solid reason now for the low number of tests last report. We all thought 'they signed up these providers, and we are seeing no corresponding revenue, therefore signing up providers means very little and the sales plan is failing'. In reality, we really don't know how much of a sales boost those networks have given as it clearly takes a long time before things start rolling. I am hoping for a much bigger spike in revenue in the next report to correlate with this information. CMS coverage may not be as required as people are thinking based on this info, but that is just pure speculation. We have to wait and see.

They have once again confirmed their 5 year plan is on track. At least they are sticking to their guns here. Presumably they can see the slow but steady increases in sales and are happy with what is going on. They have reaffirmed they are investing in themselves to bring about this goal. Sales team increases, new products, etc.
Good to hear triage is apparently out this year (will be interesting to see that it is) but also interesting that no mention was made of CxColorectal. They are clearing focusing in one area and have decided this is the best path to getting the cashflow positive.

Its all 'more of the same', which is not exciting, but ultimately should mean good things long term. I think they are missing their chances to keep their shareholders up to date and happy regarding sales traction but ah well.

[enzed staffy]

Last year at the university they couldn't get the power point presentation to work. I remember hoping it was not a reflection of how they made their sales pitches. This year it seems its the webcast that lets them down - it doesn't build confidence when they can't apparently even make a presentation without looking like amateurs

[Minerbarejet]

Guess we will have to wait for the troops on the front line to get back to us.:)

[Bobcat.]

Blis really do not come across as tech-savvy or even business-savvy for that matter. Their web site is very poorly designed, with multiple product options most of which really don't look much different, and when one sends an email to info@pacificedge.co.nz (as posted on their Home page) one gets the following reply:

Thank you for your email,

I no longer work at Pacific Edge Limited. Please email brent.pownall@pacificedgedx.com or contact Pacific Edge's main reception at +64 3 479 5800 to address your query.

Kind Regards.
Caroline Cross

Sloppy.

[Copper]

There were 114 users viewing this thread .After all this lack of progress and technical stuff up .tomorrow there will probably be only one viewer.That will be yourself just wondering if the things still alive.

[nextbigthing]

After a quick gloss over todays release, it appears to be all the same old info, same graphs etc. This stuff all has a tone to it as if it was a prospectus to sign up new shareholders only, a very basic 'salesy' feel with little substance. It's like it's all they know.. they're stuck in this same phase of trying to raise capital. We're past that, or at least we should be. Maybe they are struggling to adjust to where the company is now as some have previously suggested - almost as if they're lost with what to do next. Just my opinion...

[bonne vie]

Being wary of being shot diwn by snaipi and team. One positive I took from Jacquis brief talk in question time was this is really the I only new test offered in 20 years to urologists in US and while prostrate cancer innovations are a dime a dozen for doctors to evaluate. Cx bladder is the only one in the bladder cancer fiekd.

[winner69]

Blis really do not come across as tech-savvy or even business-savvy for that matter. Their web site is very poorly designed, with multiple product options most of which really don't look much different, and when one sends an email to info@pacificedge.co.nz (as posted on their Home page) one gets the following reply:

Thank you for your email,

I no longer work at Pacific Edge Limited. Please email brent.pownall@pacificedgedx.com or contact Pacific Edge's main reception at +64 3 479 5800 to address your query.

Kind Regards.
Caroline Cross

Sloppy.

Don't be too harsh - they are scientists after all

Customers, communication and becoming profitable not usually core competencies of such people

[Balance]

From this :

2013 - "Dunedin-based bladder cancer detection test inventor Pacific Edge believes it could be turning over $100 million a year in the United States within five years, following the registration of its own diagnostic laboratory in Pennsylvania".

To:

"After 5 full years of trading"

Not impressed.

[mis chief]

Hard to please some folks, huh? I understand that oneroom.co.nz was the provider for the webcast, not PEB. So why put the boot into PEB for the webcast failure? Oh, I know, it’s about investor psychology. Makes ya feel good to keep on kicking, just like a bully does.


My room mate had a few emails with PEB to a general address a few days ago, all of which were answered within 20 minutes. He didn't call that sloppy, just efficient.

[Minerbarejet]

Cant wait to see what the ODT has to say about this.:)

[nextbigthing]

Cant wait to see what the ODT has to say about this.:)

Ironically nothing - they were also relying on the webinar



I am still alive

Well that tops off a pretty average day PEB wise.

[MAC]

From this :

2013 - "Dunedin-based bladder cancer detection test inventor Pacific Edge believes it could be turning over $100 million a year in the United States within five years, following the registration of its own diagnostic laboratory in Pennsylvania".

To:

"After 5 full years of trading"

Not impressed.

Well that’s hardly new news Balance, they did fairly clarify the target for us back in October last year, and twice since for that matter.

[NT001]

I sent the ODT a newstip about lots of angry shareholders round the country, impressed by PEB's webinar initiative but angry as hell about OneRoom's failure to deliver.

[MAC]

A pretty much as expected AGM and review of the last year, with an onward and forward message I thought.

Good to see a firm reinforcement of both the financial target and cash position, and it was good to hear a little from Jackie at the end too, she did well as it was all impromptu.

“Target gross revenues of over NZ$100 million after five full years of trading with very attractive margins”

“Sufficient funds in place for planned development and growth strategy in existing markets”

Like any AGM one gets more out of attending, once all the usual routine presentations are done, there’s the opportunity to ask a little more over a nice glass of wine and compare notes with others.

Also good to see some maturity at question time unlike a lot of the childish rubbish on this forum.

[Balance]

Well that’s hardly new news Balance, they did fairly clarify the target for us back in October last year, and twice since for that matter.

Know that - was actually expecting PEB to use the opportunity of the AGM to explain and update on the slippage.

Similar to ' tens of thousands of tests in 2014'

[psychic]

My understanding is that PEB sold the exclusive rights to market Cxbladder in Spain (only?) to Oryzon, some years ago now. I recall some talk on ST of it waiting on CE approval - but it has that, and as far as I can see is all good to go as far as the red tape is concerned.

But now we are told:

In Spain, we have an agreement with Oryzon. They have chosen to launch Cxbladder in Spain to support secondary detection of bladder cancer and we are working with them to build this specific dataset and are hoping to see Oryzon underway within the next 12 months.

Is "secondary detection" a point of difference?

Why would the business model in Europe be different to the ROW?

Snooze another 12 months away?

[MAC]

Know that - was actually expecting PEB to use the opportunity of the AGM to explain and update on the slippage.

Similar to ' tens of thousands of tests in 2014'

There is no slippage Balance, only a clarification of something that could have been interpreted several ways. Was probably clarified in response to exactly such a request to do so.

Nobody asked how many tests they expected to perform this year at question time, afterwards though perhaps.

[psychic]

So what's the drill now with One Room? Shouldn't they be making the replay available by now? Do they do this by hand?
Seriously - anyone got a GoPro? Lets do an IPO.

[Balance]

A pretty much as expected AGM and review of the last year, with an onward and forward message I thought.

Good to see a firm reinforcement of both the financial target and cash position, and it was good to hear a little from Jackie at the end too, she did well as it was all impromptu.

“Target gross revenues of over NZ$100 million after five full years of trading with very attractive margins”

“Sufficient funds in place for planned development and growth strategy in existing markets”

Like any AGM one gets more out of attending, once all the usual routine presentations are done, there’s the opportunity to ask a little more over a nice glass of wine and compare notes with others.

Also good to see some maturity at question time unlike a lot of the childish rubbish on this forum.

PEB can learn a lot from the way DIL managed its interaction with the market in terms of tracking sales and goals - quarterly updates on sales numbers, locations and customer types.

Why PEB will not do it unfortunately tells me volume now about how credible and really confident they are about achieving their $100m target - especially after Swann's 'tens of thousands of tests in 2014'.

[psychic]

just had a read of the AGM report.....
two gulps came up
CS is now refering to PEB as a reasonably high risk investment.... big gulp when a CEO says this.
The Fedmed payment in may was referred to as payment of a test (singular test).... gulp
Can anyone shed some light on bonnie vie post.11061

Snapiti - we all know about the other commercially available biomarkers. Draw your own conclusions but I wouldn't get too distraught.

[MAC]

PEB can learn a lot from the way DIL managed its interaction with the market in terms of tracking sales and goals - quarterly updates on sales numbers, locations and customer types.

Why PEB will not do it unfortunately tells me volume now about how credible and really confident they are about achieving their $100m target - especially after Swann's 'tens of thousands of tests in 2014'.

I wouldn't actually compare the IT sector with the biotech(molecular diagnostic) sector, they both have squiggly lines and the syllable 'tech' though.

CS explained that they see their customers as the insurers rather than the patients or urologists, so the key reporting metrics may be any of those, but he did also though in response to a question raised obligate to consider more frequent updates.

I wouldn't object to quarterly reports also actually, but at the end of the day I'm ok with companies with good fundamental propositions that just get on with business too. Quarterly reports may just attract more short term speculators, we've seen enough of them come and go this year already.

I would say they really quite confident in their NZ$100M target, in fact they just told their target was over that.

[psychic]

Thanks for reporting back MAC. Swans comment about the Insurer's being their Customer reinforces my take of things. If it is covered , it will sell.
CMS will likely influence this. When they announce coverage, this thing will rock. Be in or be left behind...

[nextbigthing]

Thanks for reporting back MAC. Swans comment about the Insurer's being their Customer reinforces my take of things. If it is covered , it will sell.
CMS will likely influence this. When they announce coverage, this thing will rock. Be in or be left behind...

Was there any update to the CMS business?

[psychic]

Do you really believe what you just said MAC? Honestly? I'm all with Balance on this one. If they're so confident of that target they'd have no problem updating us every quarter. It's pretty much an unwritten rule on the ASX, why not here? Even DD said he'd comsider it.

Come on man, seriously???!!!

Moosie. We are not selling shoes here. Qtly results meaningless imo

[psychic]

No no . come back!
Seriously, how do you see sales progressing without Insurance coverage?

[Copper]

Just take time to look back on recent posts and no one has the foggiest clue where the Company is going,when it's going to get there and if it does,how long it's going to take.There is a chance it's going to succeed but it's about as certain as Argentina beating someone in rugby...IMHO..

[psychic]

Just take time to look back on recent posts and no one has the foggiest clue where the Company is going,when it's going to get there and if it does,how long it's going to take.There is a chance it's going to succeed but it's about as certain as Argentina beating someone in rugby...IMHO..

do tell....

[MAC]

Absolutely,

They have set a modest numerical financial target, have already built a lab to match that capacity, they have raised all the capital they need to fund that growth, they have completed clinical trials and regulatory approvals, they have a first mover advantage, a disruptive technology, several clinical value propositions over the incumbent technology, they offer a one third reduction in costs to their customers (insurers), the market (respectful cancer patients) is growing each year, they have a time saving product in a market with an ever increasing shortage of urologists, and they have a marketing strategy that appears well considered.

Yes, I'm a content shareholder of Pacific Edge, whilst I recognise we are in the early days of the launch and the trajectory is a difficult estimation, I have some confidence in their position and greater business plan and in a lot more research in the background.

And, we have a positive a set of affirmations from the company today;

“Sufficient funds in place for planned development and growth strategy in existing markets”

“As at 31 March 2014, cash and equivalents of $20.4 million and no debt”

“Expect revenue to grow as we expand our footprint in the US”

“Expand our sales presence in the United States and drive ambitious revenue target”

“Target gross revenues of over NZ$100 million after five full years of trading with very attractive margins”

[winner69]

Chairmans address at ASM in 2009

We have a very clear strategy for significant growth over the next 5 years
in two very broad directions. In both those wide marketplaces significant growth and change is beginning........

We will see the beginnings of this trend in this financial year; but the lead-times from testing, approving and specifying our products hit the market, can take up to 3 years. Consequently we will only see the beginnings of the revenue growth in this fiscal year and much more in the next fiscal year.


Whoops, wrong thread. Sorry there is no similarity between chips for GPS and test tubes. My apologies