PEB - Pacific Edge Ltd

[steve06]

financial reports are hieroglyphs to me..

[Schrodinger]

Currently valued at 150ish times revenue...

[klid]

I've already read that second link, maybe you or someone posted it before. Agree with it all, but don't see how it's relevant to what's going to happen to the share price on results release.

Thanks for the commentary there Miner, hasn't convinced me to buy. Maybe if I hear it from Chris soon though, but really I will be looking for that sales figure with my finger on the trigger - expect others will too. Inital 10%+ gain/drop on the cards I'd say.

Yeeeeh. 10% up. Based on the sales, not commentary.

[steve06]

so do they indicate whether tests are paid for or...?

[skid]

As the day progresses im sure we will find out more of the details,..about everything.
The dust will settle a bit and things will become clearer

[robbo24]

Currently valued at 150ish times revenue...

What will that number be next year with same or higher growth? :D

[Balance]

I am out this morning.

Thanks for getting the sp higher!

For the record.

[Schrodinger]

Good point not sure how to value it. If it takes off the value will be justified.

[Whipmoney]

Currently valued at 150ish times revenue...

This is a big improvement from the 36,000x price: sales ratio that it was.

To be honest, in the early periods the P/S ratio will always be in the hundreds/thousands, and will decline through growth/maturation.

[Whipmoney]

Im away from my computer.. How much cash is left?!

[Balance]

Im away from my computer.. How much cash is left?!

$14.7m.

Page 7 of presentation has this classic line to mislead investors regarding cash burn - 'Utilization of $0.6m cash in 1H15' in BOLD.

Actual cash burn was $6.077m - and will increase over 2H15.

Been around too long to be misled.

At this rate of cash burn (ie. over $12m pa), capital raising on the cards within 12 months - my own view.

[winner69]

Momentous day

With 1.8 million views this thread has just overtaken the NZO thread as the most viewed

Now what would craic say

[Xerof]

Balance, I know where you are coming from wrt comments made on the reporting, but I would expect the transition from report writing by scientists, to report writing by accountants will remove these blunders, and provide more detail and analysis over coming years.

No smoke or mirrors 'crayfish' - they have reported the prelim on exactly the same basis as last time, and the facts are easily gathered - we had a few headline-grabbers jumping the gun before actually reading the detail.

I am happy to hold - there is material progress evident, and we will get a lot more detail in a few weeks.

Casino, re CMS - they advised at the AGM that it will be early next year before this is finalised

[Balance]

Balance, I know where you are coming from wrt comments made on the reporting, but I would expect the transition from report writing by scientists, to report writing by accountants will remove these blunders, and provide more detail and analysis over coming years.

No smoke or mirrors 'crayfish' - they have reported the prelim on exactly the same basis as last time, and the facts are easily gathered - we had a few headline-grabbers jumping the gun before actually reading the detail.

I am happy to hold - there is material progress evident, and we will get a lot more detail in a few weeks.

Casino, re CMS - they advised at the AGM that it will be early next year before this is finalised

Cheers, Xerof - just my own view.

Will be happy to buy back in at $1.50 (if they reach there) like I did with other stocks when I feel confident about traction, for the ride upwards. Always happy for others to make the first 100% for taking the risk.

[winner69]

$14.7m.

Page 7 of presentation has this classic line to mislead investors regarding cash burn - 'Utilization of $0.6m cash in 1H15' in BOLD.

Actual cash burn was $6.077m - and will increase over 2H15.

Been around too long to be misled.

At this rate of cash burn (ie. over $12m pa), capital raising on the cards within 12 months - my own view.

You are on to it mate ....should have read the fine print

That $0.6m 'utilisation' (ie cash out) is correct in the way they presented it ....but it includes $5.5m as cash inflow from expiry of term deposit.

Not real is it ..... So shall we agree the 'utilisation' really was $6.1m. What I would call free cash (out)flow of $6.1m

[couta1]

While I'm really happy with the performance underlying the HY report, I am most pleased that BFG has promised to stop posting if the news was positive.

Now just to get rid of the remaining pests.

*goes off to hatch a plan*
Now let's see if that Moose is an animal of his word or not?

[Balance]

You are on to it mate ....should have read the fine print

That $0.6m 'utilisation' (ie cash out) is correct in the way they presented it ....but it includes $5.5m as cash inflow from expiry of term deposit.

Not real is it ..... So shall we agree the 'utilisation' really was $6.1m. What I would call free cash (out)flow of $6.1m

Yes.

Why do they have to pull this kind of stunt is beyond me - there is no need. Paint the picture as it is, rather than try to be too clever.

May fool some people but I have never allowed a sp to guide how to analyse a stock - the numbers are what matter, and how the numbers stack up against the hype & PR.

[winner69]

Balance - the fine print on that slide said enough cash for growth 'in existing markets in the medium term'

Different words from previous reports

Read into that what you want

[klid]

The next big thing now is CMS coverage. I don't see why the stock cannot reach the high levels it had earlier on this year. The NBI is back. Xero is still down from those heights - but their US traction had just been proved today to be well behind PEB's US traction.

I see only positive momentum in the short and medium term and am hopeful for more good announcements. I don't envisage them running out of cash, ever. I was worried about that prior to today.

[Balance]

Balance - the fine print on that slide said enough cash for growth 'in existing markets in the medium term'

Different words from previous reports

Read into that what you want

Medium term with PEB changes by the half year as you and I know.

Existing markets? They are expanding their markets, aren't they?

My prediction is that by March next year, they will be looking for cash - need a buffer of at least a year cash to keep going comfortably. That is what Xero does very well.

[winner69]

Yes.

Why do they have to pull this kind of stunt is beyond me - there is no need. Paint the picture as it is, rather than try to be too clever.

May fool some people but I have never allowed a sp to guide how to analyse a stock - the numbers are what matter, and how the numbers stack up against the hype & PR.

Like telling the missus I only lost a few hundred at the casino .....without telling her about the few thousand i took out of the bank.

Oops ..PEB lost more than they took out of the bank

[winner69]

I know you are taking the piss, but common - a throughput graph with no indication of what throughput numbers are? mmmm

But plus 93% in Q1 and then plus 154% in Q3 is pretty impressive

Newguy can do some number wizardry for us and say what Q3 and Q4 growth rates could look like if th trend continues. I've lost my magical calculator

[robbo24]

Hey is it OK if BFG comes back to this thread? He has sent me about 20 PEB emails today. I can't take it any more.

[Minerbarejet]

Balance, I know where you are coming from wrt comments made on the reporting, but I would expect the transition from report writing by scientists, to report writing by accountants will remove these blunders, and provide more detail and analysis over coming years.

No smoke or mirrors 'crayfish' - they have reported the prelim on exactly the same basis as last time, and the facts are easily gathered - we had a few headline-grabbers jumping the gun before actually reading the detail.

I am happy to hold - there is material progress evident, and we will get a lot more detail in a few weeks.

Casino, re CMS - they advised at the AGM that it will be early next year before this is finalisedPrecisely.
Sanity prevails.:)

[hilskin]

Hey is it OK if BFG comes back to this thread? He has sent me about 20 PEB emails today. I can't take it any more.

Only if he sends us all a nice bottle of red wine each.

[Schrodinger]

I see adds are starting to appear more frequently. The PEB thread must be one of the hottest spaces on the internet at the moment.

[skid]

Hey is it OK if BFG comes back to this thread? He has sent me about 20 PEB emails today. I can't take it any more.

Tell him to be patient--dont panic--let the dust settle, and lets see where we are.

If a definite uptrend is established--he can still do well-----Meanwhile lets let the boys celebrate--They have hung in there with their bets and it payed off--they deserve the payout as they have paved the way to safer ground.

[twotic]

Re CMS - for those of you who have not already worked it out ... they have struck significant problems. See draft AHRS report.

Is that the AHRQ report? If so which bit are you referring to? Cheers.

[klid]

Re CMS - for those of you who have not already worked it out ... they have struck significant problems. See draft AHRS report.

Link please.... no idea how to find nor does google.

[crayfish]

Well that SP spike didn't last long. This market is difficult to impress!
Always interesting when you take the time to break down the headline numbers.
A bit like looking at a really woolly sheep in the paddock........ looks absolutely fat only to find once you have spent the time to remove all the wool it is skinny and only good for dog tucker.

[couta1]

Always interesting when you take the time to break down the headline numbers.
A bit like looking at a really woolly sheep in the paddock........ looks absolutely fat only to find once you have spent the time to remove all the wool it is skinny and only good for dog tucker.
I've shorn a few of those type of sheep in my time but I liken Peb to a nice Merino lean with a nice covering of valuable fine wool and tough enough to handle the harsh elements it lives in.

[crayfish]

I've shorn a few of those type of sheep in my time but I liken Peb to a nice Merino lean with a nice covering of valuable fine wool and tough enough to handle the harsh elements it lives in.
yep and just like a merino not worth as much once you have taken the wool off it.:D:D:D

[blobbles]

Total number of fully paid tests in the US=?

Total receipts from customers = $370k NZD.

Let's say that this is all from the US. USD = ~$320k @ $550 per test is ~580 tests in USD terms.

But I assumed all sales were in US. Seems like some sales were in Aus/NZ... 240k revenue came from the NZ lab vs 474k from US. I guess that includes unpaid tests too... So just % wise, 66% revenue came from US, 580*66%=382 tests in US fully paid. Say 400?

Hmmmm how does that sound?

[blobbles]

Oh right, thanks NewGuy, am off for a run, could you correct? Cheers... It's more useful if we start throwing numbers around rather than talking about sheep or other bullocks.... (remember fully paid tests IN the US is what I am after...)

[skid]

Yes - auto correct. The recommendations and findings re strength of scientific evidence for Cxbladder.

You've lost me there BK--Is this still an issue?

[Minerbarejet]

By golly gosh I'm really looking forward to FY 15 on the 28th of May with the possibility of a good 3 mill revenue now quite on the cards. There is some substance and traction at last.

We are not dealing with an illiquid OTC stock in the Tierra del Fuego exchange bought with bales of wool:)

[winner69]

Recognised trading revenue (tests. grants etc) were $1.011k for the half. There was also $587k in other revenues being interest and forex gains/losses

Some were paid for during the period and some remain unpaid and show in receivables. Don't get confused, what matters is the reported trading revenues in the period.

By geography / segment below is the summary from the report,

[robbo24]

http://effectivehealthcare.ahrq.gov/ehc/products/571/1998/bladder-cancer-non-muscle-invasive-draft-141110.pdf

According to these report writers ... yes... the science is still an issue. I sold a significant portion of my holding after reading this - maybe they can turn it around for the final but I am not counting on it. Makes CMS coverage very much less likely/ more risky/ likely delayed.

Which CXBladder product were they using? :D

There's different CXBladders for different purposes... :D

[winner69]

Oh right, thanks NewGuy, am off for a run, could you correct? Cheers... It's more useful if we start throwing numbers around rather than talking about sheep or other bullocks.... (remember fully paid tests IN the US is what I am after...)

(remember fully paid tests IN the US is what I am after...) - I doubt if that number will ever be shown as if a test is paid for or not is not really relevant.

Just use the reported trading revenues number. (they will have been paid or will get paid in due course)

The $370k you mentioned in the cash flow seems to be confuse you as well. Some (and quite possibly most of it) is cash received from prior years sales (ie they were in receivables at March). Just stick to the eported revenues, else you will see things that don't exist

[couta1]

Yes black knat I see it now thanks.

[winner69]

So is it correct to say

$480k came from grants and for 'number of tests' purposes it should be ignored.

$71k came from NZ but most importantly,
$460k came from US sales in the period (paid and awaiting payment). So $460k is the figure that really matters.

$460000 /$550 test = 836 tests.

836 tests is therefore the important number.

Correcto?

PT says 800 on the other thread so 800 plus or minus a few seems a good number

[Minerbarejet]

With all due respect to everyone including Black Knat here is the second page disclaimer of the AHRQ DRAFT report with highlights in red.



This report is based on research conducted by an Evidence-based Practice Center (EPC) under
contract to the Agency for Healthcare Research and Quality (AHRQ), Rockville, MD (Contract
No. xxx-xxxx-xxxxx). The findings and conclusions in this document are those of the authors,
who are responsible for its contents; the findings and conclusions do not necessarily represent the
views of AHRQ. Therefore, no statement in this report should be construed as an official
position of AHRQ or of the U.S. Department of Health and Human Services.
The information in this report is intended to help health care decisionmakers—patients and
clinicians, health system leaders, and policymakers, among others—make well informed
decisions and thereby improve the quality of health care services. This report is not intended to
be a substitute for the application of clinical judgment. Anyone who makes decisions concerning
the provision of clinical care should consider this report in the same way as any medical
reference and in conjunction with all other pertinent information, i.e., in the context of available
resources and circumstances presented by individual patients.
This report may be used, in whole or in part, as the basis for development of clinical practice
guidelines and other quality enhancement tools, or as a basis for reimbursement and coverage
policies. AHRQ or U.S. Department of Health and Human Services endorsement of such
derivative products may not be stated or implied.
This report may periodically be assessed for the urgency to update. If an assessment is done, the
resulting surveillance report describing the methodology and findings will be found on the
Effective Health Care Program website at: www.effectivehealthcare.ahrq.gov (http://www.effectivehealthcare.ahrq.gov). Search on the title
of the report.


The cxBladder (detect) clinical trial O'Sullivan 2012 Test 52 was the only one used for cxBladder therefore there is insufficient strength of evidence.
Might suggest that the validity of two subsequent clinical trials from NZ DHBs which were in the latest release from PEB may go a long way to improving the situation if they are in time to be placed in the current review.

[hilskin]

Didn't like reading the part below from the report.

http://effectivehealthcare.ahrq.gov/...aft-141110.pdf (http://effectivehealthcare.ahrq.gov/ehc/products/571/1998/bladder-cancer-non-muscle-invasive-draft-141110.pdf)

Urinary biomarkers miss 23 to 42 percent of patients with
bladder cancer and are incorrectly positive in 11 to 28 percent of patients without bladder cancer,
which could result in delayed diagnosis or unnecessary cystoscopies and other diagnostic
procedures, but no study directly measured effects of inaccurate diagnosis on clinical outcomes

[skid]

Before no one was doubting the product ,but were doubting the sales---Now the sales seem good ,but some are doubting the product---Sheeeesh! its not a simple world:scared:

[Balance]

Before no one was doubting the product ,but were doubting the sales---Now the sales seem good ,but some are doubting the product---Sheeeesh! its not a simple world:scared:

Sales are good?

12 months on from all the hype of signing and they are doing less than 100 tests a month on average.

[MAC]

Maybe those results will help, when published - remains to be seen.

I agree with Miner the pending three or four Cxbladder(detect) studies, and also the pending Cxbladder(triage) clinical trial results will both bolster the library, and without a doubt, further demonstrate that Cxbladder provides clinically better results than any of the other five competitive products within the report.

Still early days for a new product like Cxbladder, it can take a decade to build up many publications like Alere. But, at the end of the day, it's the clinical results and study findings that are important, not the number of studies conducted.

It’s good to see Pacific Edge conducting trials and studies within the target markets also, shouldn’t make a difference to clinicians, but it further builds contacts with local urologists and health organisation managers. All good proactive stuff.

[golden city]

as sales comming .., it is all on track.., no worries..start accumulating...

[golden city]

in couple years time.., it will look all good.., i see this stock such as like...xro and dil

[barney]

http://www.stuff.co.nz/business/industries/63628773/pacific-edge-loss-narrows-slightly

[Minerbarejet]

miner the highlighted bits in red are nothing more than simple disclaimers which do not detract from the validity of the report at all.
The report seems to me to indicate nmp22 test is best in breed.
Athe report to me indicates that the strength of evidence( ie, number of clinical trials conducted and validated) for nmp22 is higher because it is older and has been around a lot longer than cxbladder. If cxbladder had 5 trials conducted and validated its SOE would be much higher. Thats my take, and Ill stick with it in the meantime.
Cheers
Miner

[Casino]

Balance, I know where you are coming from wrt comments made on the reporting, but I would expect the transition from report writing by scientists, to report writing by accountants will remove these blunders, and provide more detail and analysis over coming years.

No smoke or mirrors 'crayfish' - they have reported the prelim on exactly the same basis as last time, and the facts are easily gathered - we had a few headline-grabbers jumping the gun before actually reading the detail.

I am happy to hold - there is material progress evident, and we will get a lot more detail in a few weeks.

Casino, re CMS - they advised at the AGM that it will be early next year before this is finalised

I would have thought this would be worthy enough to be mentioned in the HY report. Maybe all we need is a sticky post as version control for investors? It would be nice to have the latest updates on sales, CMS, etc categorised by NZX announcement, Herald/ODT, AGM, private email/conversation, Chris Swann in one place.

We could also have a separate thread listing all NZX tech players with their stated goals. Then disable comments until we reminisce in let's say 3 years?

[MAC]

Also, the significant aspect that is not yet covered well within the draft AHRQ report, and may well be so within the final report, is the sensitivity of relative competitive products within the early cancerous stages

This is one of the absolutely enormous advantages of Cxbladder, to both clinicians and patients, over the other lower tech incumbent competitive products.

Draft reports tend to be all about the data collected, final reports tend to be about relative comparisons.

The ability for a diagnostic screening test product to detect early stage cancers accurately is what clinicians want over other products that just have an overall average sensitivity when later stage cancers are also considered.

The early detection of cancer from haematuria screening is all important, and the results below when compared with NMP22 demonstrate exactly why Pacific Edge tell us that Cxbladder is intended as a sector replacement for NMP22, and also why clinicians will want Cxbladder as their early diagnostic test of preference.

6516

[Snow Leopard]

http://www.stuff.co.nz/business/industries/63628773/pacific-edge-loss-narrows-slightly

...Chief executive David Darling confirmed the company was on track to achieve the $100m target.


"We firmly believe that it's a very attainable target," he said at a briefing today....




...Darling declined to give any guidance on profit for the 2015 financial year or on when the company would make a profit.


"We can't make a call on that at this point in time," he said....

You have to love that DD is a lot more certain about a point in time 4 and half years away than he is about the next few months.

:t_up: :t_up: :t_up:

Best Wishes
Paper Tiger

[Minerbarejet]

love how the article starts with "loss making company...."
If they had started a report about xero like that they would have heard all about it
Still right on the CMS, NG. Well done:)

[twotic]

sorry I thought by the pure nature of scientific reports and comparisons the more validated research on each product the more validity and credibility the product carried.
Maybe I should of said the report clearly indicates nmp22 has more validity and credibility ...... my mistake.

I think you need a lesson on how to read academic publications mate - sorry to be harsh but you are drawing some extremely odd conclusions!

[blobbles]

Right, 800 tests, was just trying to compare apples with apples as we had 170 last time (fully paid as I understand).

That number doesn't indicate to me that any large group is using it in the US on a regular basis, seems more likely to be retail sales for people who already have had bladder cancer, have done their research, found CX-BLADDER and are using it at home as an indicator of reoccurance.

Would be good if they gave a break down of retail sales vs urologist sales. Am sure they will be tracking this at this stage.

[couta1]

I had forgotten my password to snapiti and was only using crayfish until I worked out how to get a new pass word.
Must have been an overdose of mercury from all that seafood hopefully not early onset dementia otherwise you'll be double posting everything. PS-You look mighty fine sitting on Moosies lap in Hancock's pic:cool:

[blobbles]

So what is everyones feeling from the latest report?

I guessed 450 odd sales, so am slightly pleasantly surprised. It would have been good at this stage to have been 2k plus is my feeling, but hopefully they will hit that number in the next report. Anything under 2k in fact will likely be a disaster. 3k-5k will be hopeful, 5k plus in the next report would be fantastic.

But to me its not tracking on target for 100m in 5 years, guess we will know more this time next year.

[couta1]

Simple answer Snapiti equals Ostrich syndrome, stick with what you know even if it is inferior a common trait of medical specialists.

[Casino]

So what is everyones feeling from the latest report?

I guessed 450 odd sales, so am slightly pleasantly surprised. It would have been good at this stage to have been 2k plus is my feeling, but hopefully they will hit that number in the next report. Anything under 2k in fact will likely be a disaster. 3k-5k will be hopeful, 5k plus in the next report would be fantastic.

But to me its not tracking on target for 100m in 5 years, guess we will know more this time next year.

I use certndx for benchmarking: 1m,5m,15m

PEB is in its second year and perhaps on track for 4m? Big difference is that predictive had CMS until it was withdrawn (probably for good reason). The glass contains half the required amount of liquid for it to overflow.

[skid]

I think you may get some hot debate on this Miner--(there are quite a few (est) involved and as the numbers to your formula get bigger there are more things that can be out of kilter--(one small error can become a big error) Be nice to know what the actual mar.14 no is.
Lab and manpower has to be considered if numbers in fact ,do get big--(another lab,in another state?)then requires FDA etc.
But good on ya for giving it a go

[skid]

And to boot Coutas red arrow has gotten a little bit smaller

[BFG]

Well, now that the hoopola has died down I'll chuck in my seventeen cents.

The presentation was a bit disgraceful in that no test numbers were mentioned (but it was such a nice pretty graph!), nor average sales price, nor breakdown by region, nor mention of CMS... ok I'll stop there.

Nevertheless, test numbers seemed ok and inline with expectations. They DO seem to be gaining traction, albeit slower than most on the market eould like.

The PS ratio is absolutely disgusting still. Won't even go there.

I feel that we are being prepped for a cap raise in a years time for "expansion into further markets" as cashburn is running too high gor my liking. Read into that what you will.

CMS coverage won't be until, at the earliest, April imho. Obamacare keeps hitting walls. Don't hold your breath people.

If I was a holder I'd be praying for a JV or replacement of Directors with US based experience and contacts. DD and Swanny have done the science; time to let go and let the big boys play with the big toys.

I'm very surprised the SP increased today. Let's see if it lasts (low volume relatively speaking btw...).


Oh dear, I see Psychic and Black Knat are Banned, that’s disappointing they have good contributions - perhaps they should look to Ban these posters instead ..... no names used.

6525....6526....6527

Oh Hank, you know they'll never get rid of me. Even I can't get rid of me!

Righto, commence the Moose hunting. Gimme a head start to get out of here though! I've said my piece.

Ciao! :)

[MAC]

Well, now that the hoopola has died down I'll chuck in my seventeen cents.

The presentation was a bit disgraceful in that no test numbers were mentioned (but it was such a nice pretty graph!), nor average sales price, nor breakdown by region, nor mention of CMS... ok I'll stop there.

Nevertheless, test numbers seemed ok and inline with expectations. They DO seem to be gaining traction, albeit slower than most on the market eould like.

The PS ratio is absolutely disgusting still. Won't even go there.

I feel that we are being prepped for a cap raise in a years time for "expansion into further markets" as cashburn is running too high gor my liking. Read into that what you will.

CMS coverage won't be until, at the earliest, April imho. Obamacare keeps hitting walls. Don't hold your breath people.

If I was a holder I'd be praying for a JV or replacement of Directors with US based experience and contacts. DD and Swanny have done the science; time to let go and let the big boys play with the big toys.

I'm very surprised the SP increased today. Let's see if it lasts (low volume relatively speaking btw...).

Oh Hank, you know they'll never get rid of me. Even I can't get rid of me!

Righto, commence the Moose hunting. Gimme a head start to get out of here though! I've said my piece.

Ciao! :)

Now, how about we all just put the mindless protagonistic dribble in the bottom draw, enough people have been banned in the last couple of weeks without inciting more to go.

Who knows, some of the constructive folk who just can’t be bothered any more might even eventually find their way back, we might all even learn something new or useful or prosperous from them.

[nextbigthing]

Now, how about we all just put the mindless protagonistic dribble in the bottom draw, enough people have been banned in the last couple of weeks without inciting more to go.

Who knows, some of the constructive folk who just can’t be bothered any more might even eventually find their way back, we might all even learn something new or useful or prosperous from them.

That's not really fair MAC. BFG is entitled to share his view of the results which is exactly what he has done. Just because you don't agree with his view doesn't mean you have to bully him into not posting. It discredits your good posts.

[MAC]

That's not really fair MAC. BFG is entitled to share his view of the results which is exactly what he has done. Just because you don't agree with his view doesn't mean you have to bully him into not posting. It discredits your good posts.

I'm making a general observation that things are a little out of control when normally respectfully quite constructive people become provoked into being banned as they have been over the last couple of weeks.

My point is not about agreeing or disagreeing with folk, or visa versa, let’s all just settle down the provocation a little bit and see if some constructive debate results, is all I'm saying, I think most would concur that is more desirable.

[Dentie]

http://www.stuff.co.nz/business/industries/63659645/Cancer-detection-firm-on-target-for-100m-revenue

I like the opening line...nice and bold statement...followed by more from DD. That is what I want to see from the CEO - unwavering commitment & belief, despite some negative drivel from previous (supposedly) shareholders.

On the info at the moment, I don't think they will need a CR...but if they do, I will be happy to oblige. I would much rather see $$$ come from an equity source than from debt. Like it or not, a growth company needs cash to grow.

(PS - I note BFG/Moose couldn't help himself stick to his own exile...but that's okay - everyone's welcome to put in their 2 cents worth)

[BFG]

http://www.stuff.co.nz/business/industries/63659645/Cancer-detection-firm-on-target-for-100m-revenue

I like the opening line...nice and bold statement...followed by more from DD. That is what I want to see from the CEO - unwavering commitment & belief, despite some negative drivel from previous (supposedly) shareholders.

On the info at the moment, I don't think they will need a CR...but if they do, I will be happy to oblige. I would much rather see $$$ come from an equity source than from debt. Like it or not, a growth company needs cash to grow.

(PS - I note BFG/Moose couldn't help himself stick to his own exile...but that's okay - everyone's welcome to put in their 2 cents worth)

I thought I'd put my seventeen cents in then leave. Obviously things will never change here. I'll let Snaps and Balance keep it up, I've got better things to do and better stocks to research and watch. Just like Snakk, I believe there is a disconnect here: great science and possible business but management leaves a bit to be desired and the stock price makes no sense.

I wish the best for PEB and all shareholders and sincerely hope it does succeed.

Ciao

[Crystal Ball]

Here are some interesting stats for you:

Posted; opinion on sales traction, marketing and staff numbers @ 9:52AM.........................HyperLink: Sales traction, Marketing & Staff Start dates (http://www.sharetrader.co.nz/showthread.php?2705-Pacific-Edge-Limited-(PEB)&p=519551&viewfull=1#post519551)

As at 11:30PM a total of 46 views

Posted; images of the Muppets @ 8:44PM……………..which is 11 hours later

The Muppet image has 32 views, as at 11:30PM……………..after 3 hours on-line!

Hmmm ……………. Perhaps I will stick to the Urological, Biomedical, MedLink type sites in future, there must be a message there. DYOR :ohmy: :ohmy: :ohmy: :ohmy:
It's ok Hancocks, I for one was just curious to see pics of the real muppets on this thread so eagerly clicked onto see the images. My curiousity was satisfied.......

[barney]

http://www.odt.co.nz/news/business/325448/pacific-edge-profit-positive-sign

I would guess that we might see some developments out of Singapore in the not to distant future.

The brokers seem happy at least.

[skid]

http://www.stuff.co.nz/business/industries/63659645/Cancer-detection-firm-on-target-for-100m-revenue

I like the opening line...nice and bold statement...followed by more from DD. That is what I want to see from the CEO - unwavering commitment & belief, despite some negative drivel from previous (supposedly) shareholders.

On the info at the moment, I don't think they will need a CR...but if they do, I will be happy to oblige. I would much rather see $$$ come from an equity source than from debt. Like it or not, a growth company needs cash to grow.

(PS - I note BFG/Moose couldn't help himself stick to his own exile...but that's okay - everyone's welcome to put in their 2 cents worth)

Id still be interested to hear views on the ''no test numbers'' and PS ratio
If its of anyones interest I know that bFG has been talking alot with a very respectable past poster--Not really my place to name names but I can say that alot were sorry he left.

I sure havent seen anything myself that would get Black knat or physic banned--(pretty surprised)--(that was good work to question the CMS situation (Black Knat) because those things, whether they play out do affect a product(not a good look) the medical business world can be an unfair place.
Havent always agreed with Psycic but he has seemed ''strait up''
Honestly--does any one else understand why stating the number of tests is sensitive information? They certainly have stated their goal of how many--why not let us now exactly whats going on?? Why not give us as much information as they can, so we can evaluate--they dont have to be giving away serious secrets--just a thorough briefing.--Im not a holder ATM,but you guys deserve to know(and I supose as a potential holder ,I do too)

The guessing games continue

[Casino]

-(that was good work to question the CMS situation (Black Knat) because those things, whether they play out do affect a product(not a good look) the medical business world can be an unfair place.

The guessing games continue

Hope that moderators can be more lenient with members who make well-informed contributions.



Id still be interested to hear views on the ''no test numbers'' and PS ratio

PEB is based on a forward PS ratio. The market is pricing in a 30-50% probability that PEB will achieve sales of 100m. It's on the optimistic side but not outlandish.


Honestly--does any one else understand why stating the number of tests is sensitive information?

I think it makes perfect sense if you allow for the possibility that preferential pricing is given to early adopters. That's why Balance's arithmetics are completely pointless.



Im not a holder ATM,but you guys deserve to know(and I supose as a potential holder ,I do too)

The guessing games continue

Wrong thread?

[Dentie]

Id still be interested to hear views on the ''no test numbers''

The guessing games continue

IMVHO, the number of paid tests for HY15 total approx 965. Page 8 of the HY15 statements show revenue from “external customers” totalling $531,000. Divide that by $550 = 965. Cross reference that with the graph on page 3 of the HY15 presentation (each line being say, 200 tests) and adding both quarters = approx 965.
Meanwhile, and still IMVHO, there are some nice YOY financial ratio’s developing…consider these:


Ratio Sept 2013 Sept 2014
Liquidity (Current) 10:1 22:1
Net Profit Margin -2,716% -304%
Return on Assets -61% -27%
Return on Equity -72% -29%
Days Debtors 393 days 321 days
Days Creditors 1,304 days 174 days
Accounts Receivable t/o .93 times 1.14 times

Inventory t/over .14 times 1.01 times
Debt to Equity n/a n/a

Won’t do a commentary except to say – considering where the company is in its commercialisation, these ratios are certainly reflective of this progress & their circumstances (eg – user programs). The indications are they are continuing to tick off their pre-prescribed boxes and I am very satisfied so far. The sun is getting brighter and the water in my glass is rising….

Oh, and I notice there has been no further comment on here about all the conspiracy type theories that abounded in the days leading up to yesterday’s announcement. It’s gone quiet on that front.

Just as Miner eloquently put it the other day…I’m happy to be proven wrong or castigated.

[Balance]

I think it makes perfect sense if you allow for the possibility that preferential pricing is given to early adopters. That's why Balance's arithmetics are completely pointless.




Companies like Xero, DIL to name two operate in more competitive markets but are upfront about progress via numbers.

It is a huge cop out for a company like PEB to think or pretend otherwise.

Some of the utterances here from some posters are straight out of the kindergarten of investing.

[Balance]

http://www.stuff.co.nz/business/industries/63659645/Cancer-detection-firm-on-target-for-100m-revenue

I like the opening line...nice and bold statement...followed by more from DD. That is what I want to see from the CEO - unwavering commitment & belief, despite some negative drivel from previous (supposedly) shareholders.

On the info at the moment, I don't think they will need a CR...but if they do, I will be happy to oblige. I would much rather see $$$ come from an equity source than from debt. Like it or not, a growth company needs cash to grow.

(PS - I note BFG/Moose couldn't help himself stick to his own exile...but that's okay - everyone's welcome to put in their 2 cents worth)

Ok - you got my attention.

Same DD who use the hype to sell some of his shares and will not publicly correct what he claims (according to some private emails) to be an untruth uttered by his Chairman?

Or was it a truth which he is trying to cover up now?

[MAC]

It’s all on track Barney, I think that is the big conclusion the market gave us yesterday.

The products been delivered into the market, the company has hired and is training staff and there is a hint from the results and outlook that after several years of good well managed ground work that the revenue curve begins now.

Analyst consensus growth in revenues before the announcement was for 283% for FY15 and 277% for FY16.

I wouldn’t actually be surprised to see those estimates increased even a smudge further based upon the commercialisation plan confidence, we will know in a few days.

Next year all that is required to keep on track is a KP user programme roll over and the release of CMS accumulated revenues to date.

Anything else on top of that, a start of an uptake in LUG sales and/or a further reasonably sized HMO user programme would have then ahead of plan IMO.

[Casino]

Companies like Xero, DIL to name two operate in more competitive markets but are upfront about progress via numbers.

It is a huge cop out for a company like PEB to think or pretend otherwise.

Some of the utterances here from some posters are straight out of the kindergarten of investing.

Is that so? Tell me then, how many customers does Xero have in the US?

[Casino]

IMVHO, the number of paid tests for HY15 total approx 965. Page 8 of the HY15 statements show revenue from “external customers” totalling $531,000. Divide that by $550 = 965. Cross reference that with the graph on page 3 of the HY15 presentation (each line being say, 200 tests) and adding both quarters = approx 965.
Meanwhile, and still IMVHO, there are some nice YOY financial ratio’s developing…consider these:


Ratio Sept 2013 Sept 2014
Liquidity (Current) 10:1 22:1
Net Profit Margin -2,716% -304%
Return on Assets -61% -27%
Return on Equity -72% -29%
Days Debtors 393 days 321 days
Days Creditors 1,304 days 174 days
Accounts Receivable t/o .93 times 1.14 times

Inventory t/over .14 times 1.01 times
Debt to Equity n/a n/a

Won’t do a commentary except to say – considering where the company is in its commercialisation, these ratios are certainly reflective of this progress & their circumstances (eg – user programs). The indications are they are continuing to tick off their pre-prescribed boxes and I am very satisfied so far. The sun is getting brighter and the water in my glass is rising….

Oh, and I notice there has been no further comment on here about all the conspiracy type theories that abounded in the days leading up to yesterday’s announcement. It’s gone quiet on that front.

Just as Miner eloquently put it the other day…I’m happy to be proven wrong or castigated.

Why $550? Remember how joyous the market was when PPOs came on board? What do they do again? :)
No deals for our beloved LUGS who are helping develop the science?

[barney]

Ok - you got my attention.

Same DD who use the hype to sell some of his shares and will not publicly correct what he knows to be an untruth uttered by his Chairman?

Or was it a truth which he is trying to cover up now?

Have you thought of counselling ?

[robbo24]

In other news, robbo24 won a pack of winnie blues in a bet with BFG that the monthly chart would stay above the ruler at the end of November.

:D:D:D:D:D:D:D:D:D:D

6530

[Dentie]

Ok - you got my attention.

Same DD who use the hype to sell some of his shares and will not publicly correct what he knows to be an untruth uttered by his Chairman?

Or was it a truth which he is trying to cover up now?

Given you are being tiringly repetitive on this topic Balance - I assume you have already formally approached the FMA (or whoever polices this alleged behaviour)? If not, why not?

Or are you just upset that you didn't sell at the same price as DD & Co and had to make do with the measly 90 odd cents you sold for yesterday??

For me, I don't care. As already said, they had every right to sell.

[Balance]

Have you thought of counselling ?

Counselor says to keep at the truth. PEB has something to hide.

Thanks for suggestion :D

[Balance]

Given you are being tiringly repetitive on this topic Balance - I assume you have already formally approached the FMA (or whoever polices this alleged behaviour)? If not, why not?

Or are you just upset that you didn't sell at the same price as DD & Co and had to make do with the measly 90 odd cents you sold for yesterday??

For me, I don't care. As already said, they had every right to sell.

That's the difference between me and you.

The truth, integrity, transparency and follow up - these are values which matter to me.

As for the FMA, you may want to ask them what they are doing about Plus SMS, TRS and PGC. Then it's worthwhile referring anything to them.

[Balance]

Is that so? Tell me then, how many customers does Xero have in the US?

Page 5 https://www.nzx.com/companies/XRO/announcements/256228

Next time, make sure you do some homework before you make a donkey of your family heritage.

[Harvey Specter]

Why is number of tests that important. Surely revenue is the key and that is broken down between NZ and US.

With numbers you could work out if they are having to discount and when the facility will reach capacity but surely cash is the important bit?

[winner69]

Page 5 https://www.nzx.com/companies/XRO/announcements/256228

Next time, make sure you do some homework before you make a donkey of your family heritage.

casino was asking a trick question

Xero only give North America numbers - no country split even though we know most of the 22,000 is in the USA.

[croesus]

That's the difference between me and you.

The truth, integrity, transparency and follow up - these are values which matter to me.

As for the FMA, you may want to ask them what they are doing about Plus SMS, TRS and PGC. Then it's worthwhile referring anything to them.

Balance... where is the "integrity" ( one of your core values ? ) in the cowardly pompous sniping at CEO s, from behind a nom de plume...

I pulled you up recently on your immature attacks on Chris Castle, and made the comment you were lucky to not be modded, and now your at it again.

Have you not better things to do...

[Casino]

casino was asking a trick question

Xero only give North America numbers - no country split even though we know most of the 22,000 is in the USA.

Do we? Remember one year ago we assumed that their 16,600 US/ROW customers were mostly in the US. Later we found out that only 10,000 of them were in North America at that time. I'm sure we'll play this game one more time.

[Dentie]

That's the difference between me and you.

The truth, integrity, transparency and follow up - these are values which matter to me.

As for the FMA, you may want to ask them what they are doing about Plus SMS, TRS and PGC. Then it's worthwhile referring anything to them.

hehehehe.....surely you cannot be serious? Heads of Agencies, Ombudsman, Minister of Finance, Minister of Revenue, Banking Omdusman and Auditor General have all had pleasure of my contact - either in person or correspondence. I certainly do follow up on matters of integrity....trust me!

[Balance]

hehehehe.....surely you cannot be serious? Heads of Agencies, Ombudsman, Minister of Finance, Minister of Revenue, Banking Omdusman and Auditor General have all had pleasure of my contact - either in person or correspondence. I certainly do follow up on matters of integrity....trust me!

Says a lot about you then re 'tens of thousands of tests' then, doesn't it?

Good on you! :D

[Balance]

Balance... where is the "integrity" ( one of your core values ? ) in the cowardly pompous sniping at CEO s, from behind a nom de plume...

I pulled you up recently on your immature attacks on Chris Castle, and made the comment you were lucky to not be modded, and now your at it again.

Have you not better things to do...

Pulled me up?

So asking the question about a CEO or MD track record of creating shareholders' wealth is cowardly?

Seems to me you need to take off your rose tinted glasses (suspect they are very thick too) and answer that question.

[Balance]

Do we? Remember one year ago we assumed that their 16,600 US/ROW customers were mostly in the US. Later we found out that only 10,000 of them were in North America at that time. I'm sure we'll play this game one more time.

Yawn.

And PEB will not disclose numbers for commercial sensitivity?

Sensitivity for sure re 'tens of thousands of tests'.

[Tsuba]

Some people on here do need to get a life. Off to feed the chooks.

[skid]

Hope that moderators can be more lenient with members who make well-informed contributions.




PEB is based on a forward PS ratio. The market is pricing in a 30-50% probability that PEB will achieve sales of 100m. It's on the optimistic side but not outlandish.



I think it makes perfect sense if you allow for the possibility that preferential pricing is given to early adopters. That's why Balance's arithmetics are completely pointless.




Wrong thread?

Why wrong thread--Your not giving yourself and some others credit for helping research decisions on when and if to invest--Its still early post announcement days--Lets see how things settle--it (SP)started out like a rocket and then pulled back noticeably.
I think Friday was a good example of the dangers of jumping in to quickly --Ill keep an eye to see if it stabilizes-rises-or continues its descent.
One thing I noticed on Fri. was that the market was not paying much attention to us posters.:eek2:

[couta1]

Skid I think Black Knat may have been banned for calling Snapiti a Dick, not sure about Psychic? Mods toughening up on the boundaries now it seems.

[Casino]

Why wrong thread--Your not giving yourself and some others credit for helping research decisions on when and if to invest--Its still early post announcement days--Lets see how things settle--it (SP)started out like a rocket and then pulled back noticeably.



He was pulling your leg, skid.
You said "Im not a holder (of) ATM":)

Yeah just a misunderstanding. I wasn't attacking you. I comment on a couple stocks that I don't own and there are threads that I only read despite owning the stock just to screen for negative comments.



I think Friday was a good example of the dangers of jumping in to quickly --Ill keep an eye to see if it stabilizes-rises-or continues its descent.
One thing I noticed on Fri. was that the market was not paying much attention to us posters.:eek2:

Run for your life the day it does.

[Tsuba]

Do you have " tens of thousands"
or just a "poultry" few?:)

Just a poultry few Miner ;). You can stay and contribute as I like your skills with the pen and your wit. Oscar Wild would be proud.

To quote the great bard ..... " Some people are like a dose of clap. Before they arrive is pleasure. But after, they are a pain in the dong. " ..... Or was that Monty Python.

[Balance]

Just a poultry few Miner ;). You can stay and contribute as I like your skills with the pen and your wit. Oscar Wild would be proud.

To quote the great bard ..... " Some people are like a dose of clap. Before they arrive is pleasure. But after, they are a pain in the dong. " ..... Or was that Monty Python.

“There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.”

And

" Fools put trust in promises; The wise in action."

So what are you?

Lots of promises from PEB so far - let's see the numbers. How many users are they trialing in the programs, and how many are converting to actual paying users. As Snapiti wrote, they were doing the user programs since 2013.

Story starting to sound the same as with NZOG - the next big discovery was always going to be around the corner. They had the expertise, the best people, the best team rhubarb, rhubarb etc etc.

[Casino]

Yawn.

And PEB will not disclose numbers for commercial sensitivity?

Sensitivity for sure re 'tens of thousands of tests'.

I was/am very dismayed by that. Even more so about the 'CMS coverage in early 2014'. But you are wrong in assuming that this is what drove the share price up. It overlapped. Just look at the when and why it came down again. It was perfectly fine for the CEO and chair to take advantage of a world that had gone mad. And to their credit, the CR price was very realistic.

[Crystal Ball]

Balance... where is the "integrity" ( one of your core values ? ) in the cowardly pompous sniping at CEO s, from behind a nom de plume...

I pulled you up recently on your immature attacks on Chris Castle, and made the comment you were lucky to not be modded, and now your at it again.

Have you not better things to do...
Unfortunately Croesus, security is not as good as at should be as been proven of late and Balance has managed to get out of his cell and has been unmuzzled. Hopefully the boys in blue will manage to catch him again, lock him up and throw away the key.....

[davflaws]

If John Key can get thousands of texts every day, surely PEB can get tens of thousands of tests over five years?

[MAC]

Skid I think Black Knat may have been banned for calling Snapiti a Dick, not sure about Psychic? Mods toughening up on the boundaries now it seems.

It does all seem a bit harsh,

Black Knat is one of the most experienced investors on this forum and I think many including myself appreciate him taking the time to post, I'd like to hear a lot more from him actually. It is certainly refreshing to have an experienced business and life view from time to time amongst all the immature protagonistic rubbish that gets aired.

Likewise with Psychic, a very well respected fellow I think who spends many hours a week researching and who is willing to contribute and take the time to share that research, not something he has to do, and I think it is also well appreciated by most also.

The rules are the rules though I suppose, probably just a short ban considering they were probably provoked.

But, as Vaygor reminded me on another thread, and at the end of the day, slander is only slander if it's not factually true.

[skid]

Funny you should say that, skid.
I noticed it as well on Mon, Tue, Wed, Thu.
Things just arent what they should be, eh, mate:)

I guess if the market listened to all of us it would tear itself apart:):)

I think the frame of mind that the market largely ignores most of what goes on here--would help many to not get to aggravated with differing opinions.--I think deep down its easy to think these things are affecting the market perhaps more than they are.

Personally it seems that it is taking a bit more to impress Mr Market these days--dont get me wrong--Fridays announcement still gave things a good boost--but compared to similar things in the past,it didnt seem to have the same legs.

I guess outright name calling crosses the line--Still the CMS news was a good edition (to at least research)
Ill be looking for a new poster named BK or Whitefly..:)

[skid]

Would you agree that the market had already priced in a reasonable effort for this half at 80 to 84 and a better effort than suspected resulted in a slight blip to 94 and a plateau at 88?
Be thankful the result was what it was and there didnt appear to be any leaks either.
If it had been considerably less we would be sitting back at 65.

We also should be thankful that more and more bladder cancer sufferers have been helped, those that have had an early indication that results in early intervention with a succesful outcome, and those released from fear of having Bladder Cancer by a negative result.

Relatively speaking, Mr Market is just the sideshow to the main event.
ST is one of the stalls, busy, and entertaining, but hardly controlling anything.

Well,It can control whether you are rich or poor(depending on how heavily you are into it) but I get what you are saying.
I think SP is one of those paradoxes that can both be a result of what happens and can cause what happens (in terms of value)
I think more buy or sell as a result of SP than other factors,even fundamentals-(just my opinion)-In the end its all a matter of perception and psychology--One end of the spectrum is those who will not sell for any reason(fair enough) and the opposite end would be pure TA(perhaps mixed with a dose of fundamentals)who operate on trends lead by the SP---

One thing Ive noticed though is that the fundamentalists get far more PO'd with the TA guys than the other way around(attachment?)--(with of course the odd exception)

[MAC]

Analysts certainly seemed to have liked the HY, I think Haley and Peter have it spot on, time will tell.

“Craigs Investment Partners broker, Peter McIntyre, who predicted Pacific Edge had to deliver yesterday on revenue promises, said investors should be impressed with the result. ''This [revenue gain] is a quantum step forward for Pacific Edge. Even though it is off a low base, this half-year result is very impressive,'' he said. He predicted Pacific Edge, if it continued its form, would be positively re-rated by brokers, analysts and ultimately investors in the months ahead”

“Forsyth Barr broker, Haley Van Leeuwen, said progress appeared to be on target and believed Pacific Edge was well positioned to capitalise on the ''substantial opportunity'' in commercialising Cxbladder.''There is nothing in the result to change our positive stance and outperform rating,'' Mrs Van Leeuwen said”

http://www.odt.co.nz/news/business/325448/pacific-edge-profit-positive-sign

[mdc]

Hi all, new poster on this forum and currently holding PEB. Have been following this thread for a while and must admit it is interesting reading all the differing opinions and theories put up by those who are prepared to share there knowledge and time.

Will be interesting to see how the market reacts after a weekends digestion of the latest results.

[MAC]

Hi all, new poster on this forum and currently holding PEB. Have been following this thread for a while and must admit it is interesting reading all the differing opinions and theories put up by those who are prepared to share there knowledge and time.

Will be interesting to see how the market reacts after a weekends digestion of the latest results.

Hi mdc, welcome to you,

It will be indeed, analysts seemed to have liked it per previous post and are flagging forward up-ratings, thats really not something they often do at all ahead of time, quite bullish really. Perhaps for Pacific Edge and patient shareholders there may be a nice up trend in the making, hope so.

[jonu]

Nice juicy order for 250k placed at 90. you might be right MAC

[robbo24]

Nice juicy order for 250k placed at 90. you might be right MAC

Hopefully BFG and snapiti inform the buyer of their error in judgment before it's too late!!

:D:D:D:D:D:D:D:D:D:D:D:D

[jonu]

Hopefully BFG and snapiti inform the buyer of their error in judgment before it's too late!!

:D:D:D:D:D:D:D:D:D:D:D:D

It is BFG and Snapiti! They've been down ramping!

[Balance]

Sp moves up a few cents and the 'long termers' are almost besides themselves.

What does this tell us about them?

[jonu]

Sp moves up a few cents and the 'long termers' are almost besides themselves.

What does this tell us about them?

Aww, c'mon Balance. You declared yourself out and happy. Don't be bitter now if it gets away on you.

[Balance]

Aww, c'mon Balance. You declared yourself out and happy. Don't be bitter now if it gets away on you.

What bitter?

I am very very very pleased with my investment in PEB and the return I got from it - one of the best performers.

I do not pretend to be a poster who write one thing and do another.

How about you?

:D

[mdc]

Hi mdc, welcome to you,

It will be indeed, analysts seemed to have liked it per previous post and are flagging forward up-ratings, thats really not something they often do at all ahead of time, quite bullish really. Perhaps for Pacific Edge and patient shareholders there may be a nice up trend in the making, hope so.

Hi Mac,

Yep, general consensus is positive this morning. My view is that the science PEB has is solid and the CxBladder test is better than those in the current market, I work in a medical field (Vet) and part of my job is to review scientific articles particularly around disease testing and treatments and I found that US meta analysis someone posted the other day was very interesting reading. It supported my view that PEB is onto something here, it will just take time for the data to accumulate to provide enough evidence for doctors to start trusting and using it, but if it does gain traction then you they will be away.

[jonu]

What bitter?

I am very very very pleased with my investment in PEB and the return I got from it - one of the best performers.

I do not pretend to be a poster who write one thing and do another.

How about you?

:D

I too am pleased with my returns from PEB. I had one minor slip catching a falling knife but overall am a long way ahead. I had a sell order placed this morning but have pulled it on the strength of that large block at 90. Happy I'm still in. I think PEB will be a good trading stock for the next 6-12 months

[klid]

It's going to catch up to its "valuation" - no doubt about it.

[Balance]

I too am pleased with my returns from PEB. I had one minor slip catching a falling knife but overall am a long way ahead. I had a sell order placed this morning but have pulled it on the strength of that large block at 90. Happy I'm still in. I think PEB will be a good trading stock for the next 6-12 months

Nothing would give me greater pleasure than PEB reaching $1.50 on the back of real measurable transparent disclosed success in the US - I will buy then from those who are trading to give them their 50% or more return, and ride the next 500%.

Meanwhile, I maintain my stance towards the stock and its management.

[Dentie]

Nothing would give me greater pleasure than PEB reaching $1.50 on the back of real measurable transparent disclosed success in the US - I will buy then from those who are trading to give them their 50% or more return, and ride the next 500%.

Meanwhile, I maintain my stance towards the stock and its management.

Are you saying you will trust management and the integrity of this stock ONLY when it reaches $1.50?? Or, the integrity etc only gets stronger as the SP rises....so, if that's the case, I would wait until the integrity is at its highest Balance. Maybe you should jump back in when it gets to $3?

[Balance]

Are you saying you will trust management and the integrity of this stock ONLY when it reaches $1.50?? Or, the integrity etc only gets stronger as the SP rises....so, if that's the case, I would wait until the integrity is at its highest Balance. Maybe you should jump back in when it gets to $3?

Operative words, my dear Dentie - "real measurable transparent disclosed success in the US"

Never allowed a sp to influence one's sentiment towards a stock - fools trust promises, wise men trust action.

[blobbles]

I am completely with Balance here and I think PEB's SP already is way ahead of where it should be. I can't believe that serious analysts say we should be pleased it's gaining traction after 800 sales in 6 months. What if next report it's only 1000? Two low data points to me doesn't indicate anything, I suspect that it is 90% retail sales in the US with a few doctors trying it just to see how it could work.

Anyway to me 800 tests doesn't represent "traction". Around 10k is the number of tests I am looking for before I would put money into it again.

Happy for others to be making money from PEB currently though, just be careful with what brokers say. The number of times they try to pump up SPs because they bought in higher and don't want such a big paper loss showing...

[MAC]

It’s not so much the starter sales that they are talking about Blobbles, starter sales while hiring staff are really not that important within the big picture, it’s the traction made against the commercial roll out plan that they follow and seem to be encouraged by.

Professional analysts like Craig’s, Forbar, Edison et al, have access to much greater information than the rest of us it terms of event timing and the number of user programmes etc.

As I understand, the individual urologist user programmes are 25 tests each and roll over after between 3 to 9 months, the larger LUG user programmes which have 100 or so urologists run 12 to 15 months prior to adoption, and the much larger KP user programme again should come to fruition next year.

Then there is CMS revenues accumulating ready to be invoiced, probably IMO once the two present US studies are complete and published to their satisfaction.

So, what the analysts are doing with greater confidence from greater information, is stacking those prospective new user programme revenue streams as a carefully evaluated forecast.

Clearly their consensus is 'up and away' based on the number of user programmes stacking right now.

[Dentie]

lol...... when the shareprice rise's above my ave sell price of $1.35 then I will gladly admit an error in my judgement.......
amazing what a bit of media coverage can do for a stock.

I expect PEB Management will be satisfied that their actual amount of paid for tests at least doubled (but probably trebled) the amount of paid for tests some had suggested ...

[winner69]

David on the radio this morning

Big numbers mentioned as usual ....penetration, penetration yes into these big markets ....and don't forget the money in the bank
http://www.radionz.co.nz/audio/player/20159261

Sounds less convincing the more times I hear this story

Reminds me of the chocolate wars in China. Cadbury's 'penetration' was going to be if we just put one chocolate bar into every ones hand we will make zillions. East v west didn't quite work out, will in PEBs case be a product still being 'fine tuned' in NZ 'penetrate' this huge US market

C'mon a $1.10 shareprice .....squiggly lines are more important than the story (sorry fundamentals)

[MAC]

If in any doubt about the recent Forbar upgrade, here it is below at $1.25 with a BUY rating.

https://au.finance.yahoo.com/q/ao?s=PEB.NZ

[Balance]

I expect PEB Management will be satisfied that their actual amount of paid for tests at least doubled (but probably trebled) the amount of paid for tests some had suggested ...

I sense that there are posters here who actually think that those of us who write critically of PEB mean ill-will towards the company.

I will venture to write that there is not one here who has nothing but goodwill towards the company, and want PEB to be successful. NZ desperately needs companies to be successful in the field of medicine - Orion being a prime example.

When we challenge a company to be transparent and be accountable for their words and promises, it is so that the market as a whole can embrace their success and support them wholeheartedly too. Because companies like PEB will need more capital to become even more successful - otherwise, their sp languishes and as we have seen with many NZ companies (best example being Fletcher Challenge), their sp go nowhere and what is good in them get taken over for a song.

Accountability is the operative word here - just for the record.

[MAC]

Pacific edge told us the Cxbladder(triage) launch announcement would be before xmas too.

I think it’s entirely probable we will see it sooner rather than later, probably this week I reckon;

Don’t urologists play golf two days a week as it is, wouldn’t be a lot of point trying to get their attention right before xmas when they are also busy out shopping for next year’s new golf equipment.

[blobbles]

It’s not so much the starter sales that they are talking about Blobbles, starter sales while hiring staff are really not that important within the big picture, it’s the traction made against the commercial roll out plan that they follow and seem to be encouraged by.

Professional analysts like Craig’s, Forbar, Edison et al, have access to much greater information than the rest of us it terms of event timing and the number of user programmes etc.

As I understand, the individual urologist user programmes are 25 tests each and roll over after between 3 to 9 months, the larger LUG user programmes which have 100 or so urologists run 12 to 15 months prior to adoption, and the much larger KP user programme again should come to fruition next year.

Then there is CMS revenues accumulating ready to be invoiced, probably IMO once the two present US studies are complete and published to their satisfaction.

So, what the analysts are doing with greater confidence from greater information, is stacking those prospective new user programme revenue streams as a carefully evaluated forecast.

Clearly their consensus is 'up and away' based on the number of user programmes stacking right now.

But nobody is telling us that yes, it's urologists adopting the tests. Until that actually happens (not just plans for it to happen), or it becomes obvious, I don't believe we should all get too excited. Yes CMS will be good, but the ability to use/bill something doesn't mean it's being adopted.

Until we have clear indications of adoption, not just unfulfilled plans, we should not be over exuberant. I want PEB to be successful too but they are making too many simple mistakes in their communications for me to trust what I hear at the moment (10s of thousands not retracted, posting incorrect announcements, insiders selling when the SP tops out on news they provided, live feeds of their share holders meeting going down just before it starts etc... They have had a lot of red face moments in the past year or two).

That just leaves the cold hard numbers to analyse when not being able to fully trust the message and its not looking too hot in my eyes.

[MAC]

The conservatism is already well and truly built into analyst valuations Blobbles

They really are already very very conservative for the reasons you have outlined, that it's early in the curve and the trajectory is subject to key variables, price point, ultimate market share and take up rate.

Edison have this to say about their $0.42 to $3.57 valuation range covering those variables.

“Based on progress to date in the US market, Pacific Edge management’s target of NZ$100m in sales by FY19 for the group looks attainable. However, we err on the side of caution and model revenue of NZ$100m two years later in FY21”

I have never known an analyst be so conservative.

Once Pacific edge is a little further along the revenue curve and that conservatism falls away, watch as those valuations progressively creep higher over the next 18 months.

Any bizarre perceptions of communication issues on this forum are a non issue for serious investors in the real world, it's all just sharetrader forum knocker bollocks, in their heads alone.

[Balance]

Any bizarre perceptions of communication issues on this forum are a non issue for serious investors in the real world, it's all just sharetrader forum knocker bollocks, in their heads alone.

Really?

https://www.nzx.com/companies/PEB/announcements/258139

[MAC]

Really?

Absolutely !

[blobbles]

I mean think about it. At $1.25 PEB is valued in the same ballpark as DIL (85m in sales, decent growth) and ATM (110m in sales, good growth). While PEBs margin is much greater than both, their product isn't yet being sold and has major obstacles in front of it to be sold. Personally I don't mind them having a high SP at the moment, but I am glad it's not me taking the risk. My gut feel says that including their potential ~60-70c is about right, but if adoption starts happening that would rocket to $4-$6 - just based on market value.

But $1.25 it's too high of a value to not have adoption. It's like a foot half in adoption and half not, at that level it represents a level of confidence that the adoption will occur that I aren't comfortable with.

[mdc]

It is the science that will make or break this stock, any major flaws from now on will have a major affect. Much more than spelling mistakes and rewording press releases to the market.

I agree that the analysts are conservative, and the longer CxBladder looks to be on track with both sales and success in trials the buller they will become. I seems to me that a lot of arguing goes on over things that in the long run are irrelevant to the share price if this test truly proves to be better than those currently available.

[MAC]

The degree of SP undervaluation is a very large margin now Blobbles, one shouldn’t get left behind as an investor waiting for things to happen, that’s not how markets work.

The smart money with better access to information and confidence re-value the SP before those whom may dither even know what’s happened.

I think you may underestimate the degree to which Urologists will take to a specifically tailored suite of diagnostic products, which outperforms any other test available, which saves them time, which offers their organisations cost savings, and which ultimately and most important to them, allows them to detect cancer earlier and monitor it more accurately for their patients.

Sales staff now on board ---> user programmes stacking up ---> forward revenues

[blobbles]

Any bizarre perceptions of communication issues on this forum are a non issue for serious investors in the real world, it's all just sharetrader forum knocker bollocks, in their heads alone.

That just lost you a lot of credibility. I aren't a mysterious "knocker", just someone who invests based on my perception of the integrity/ability of the people running a company as well as its potential and valuation. PEB only has a lot of potential at the moment, skilled scientists and seemingly OK American staff. Fundamental valuation is near impossible (2 dots do not a curve make), and a lack of ability/integrity when it comes to communication.

Labelling others because they don't agree with you is the actions of a child or small minded individual MAC not someone who is seemingly intelligent. Don't demean yourself.

[MAC]

It will be really very interesting also to get some more business plan info on Cxbladder(triage), market size potential, price point, etc. In addition to the clinical performance spec and value proposition also of course.

At present neither Forbar nor Edison have allowed for Cxbladder(triage) forward revenues within their valuations. The entry of triage as a new product into the market will also see analyst valuations re-rated upward.

[Dentie]

I mean think about it. At $1.25 PEB is valued in the same ballpark as DIL (85m in sales, decent growth) and ATM (110m in sales, good growth). While PEBs margin is much greater than both, their product isn't yet being sold and has major obstacles in front of it to be sold. Personally I don't mind them having a high SP at the moment, but I am glad it's not me taking the risk. My gut feel says that including their potential ~60-70c is about right, but if adoption starts happening that would rocket to $4-$6 - just based on market value.

But $1.25 it's too high of a value to not have adoption. It's like a foot half in adoption and half not, at that level it represents a level of confidence that the adoption will occur that I aren't comfortable with.

See, this is where my inexperience confuses the hell out of me. I thought it was all about growing one's earnings (ie - net earnings) as opposed to sales. If it is about sales & growth....is that why XRO's SP is currently at $16.92? Are they too ahead of themselves - or was that only when they were over $40? What about comparing apples with apples (types of businesses)....or is this wrong too?

Looks like I'm forever the student....

[nextbigthing]

The smart money with better access to information and confidence re-value the SP before those whom may dither even know what’s happened

Correct. The guys with the most information (management) sold down a while ago and haven't bought those back yet. And told us about it afterwards. :D

[MAC]

No disrespect intended Blobbles, my point is only that this forum is far from representative of the greater investment community when it comes to views of company management.

What I think most see is a company with a forward growth curve that has variables, and a growth curve which management acknowledge has an upward but difficult to determine trajectory.

They have even told us that, and IMO they have been very open on their thoughts on the matter, more so than other companies, clearly a bit too open because picky people, yes including the knockers, seem to want to slam them just for making an effort to offer information that knowingly comes with a need for the aforementioned discretion.

It’s the continual attack of company management plastered all over the internet for the world to see, without company management having a right of reply, that is the only demeaning and childish action that I repetitively see.

[Balance]

No disrespect intended Blobbles, my point is only that this forum is far from representative of the greater investment community when it comes to views of company management.

What I think most see is a company with a forward growth curve that has variables, and a growth curve which management acknowledge has an upward but difficult to determine trajectory.

They have even told us that, and IMO they have been very open on their thoughts on the matter, more so than other companies, clearly a bit too open because picky people, yes including the knockers, seem to want to slam them just for making an effort to offer information that knowingly comes with a need for the aforementioned discretion.

It’s the continual attack of company management plastered all over the internet for the world to see, without company management having a right of reply, that is the only demeaning and childish action that I repetitively see.

That is blatant BS, MAC, and you know it to be so.

DD and CS can get the media to retract incorrect reportings and companies have corrected media reports (especially when the reports are way wrong) via announcements to the market.

What is stopping PEB from doing it?

Can you handle the truth?

[MAC]

And they have just last week, correcting a very important announcement in regard to european patents.

As for the media, I’ve seen nothing materially requiring any action whatsoever.

You may bang on with the same post in regard to 10,000 sales four times a day as long as you may wish.

IMO most out there in the world regard such statements from company management as a genuine effort to offer shareholders coarse advice to the best accuracy on the day and within a stated context.

Aside from the fact that such a statement may well prove to be quite accurate, time will tell, it was made in a context of a growth curve which has a difficult to determine trajectory.

Whether they put 5,000 or 15,000 tests through their labs in 2014, no further consideration to such a statement is required.

Apologies to others for feeling a need to state the perfectly obvious.

[Balance]

And they have just last week, correcting a very important announcement in regard to european patents.

As for the media, I’ve seen nothing materially requiring any action whatsoever.

You may bang on with the same post in regard to 10,000 sales four times a day as long as you may wish.

IMO most out there in the world regard such statements from company management as a genuine effort to offer shareholders coarse advice to the best accuracy on the day and within a stated context.

Aside from the fact that such a statement may well prove to be quite accurate, time will tell, it was made in a context of a growth curve which has a difficult to determine trajectory.

Whether they put 5,000 or 15,000 tests through their labs in 2014, no further consideration to such a statement is required.

Apologies to others for feeling a need to state the perfectly obvious.

If DD and CS did not sell shares after the tens of thousands of tests comment, that's fine.

That is where you are out of line in your high horse BS defence of the company's inability to respond.

Still cannot handle the truth, that's your problem and will always be your problem as a blatant PR spin artist.

:D

[blobbles]

See, this is where my inexperience confuses the hell out of me. I thought it was all about growing one's earnings (ie - net earnings) as opposed to sales. If it is about sales & growth....is that why XRO's SP is currently at $16.92? Are they too ahead of themselves - or was that only when they were over $40? What about comparing apples with apples (types of businesses)....or is this wrong too?

Looks like I'm forever the student....

It depends on how you measure the company. For Xero they have a huge market that they are just penetrating. They are therefore likely to be hugely profitable if they can keep up there growth rate up. Same with ATM and DIL. When measuring these companies pre profitability you take lots of these factors into account to get a good guide of future profits.

DCF helps especially around growth rates, XRO has high and consistent growth (plus a big wad of cash) and a huge market in front of it, hence the high SP.

[MAC]

I make no apology for taking the moral high ground Balance.

Any shareholders including directors can sell shares any time they like, not that they sold many really.

In regard to your favourite sound bite which you like to habitually quote out of context, to many it seems around about close to what is probable for 2014. It was when they said it, it was when they took some profits, and it is so still.

Good on them I say for taking something out for their families after many years hard work in building the company, now they get to renovate their homes was what I think DD told us he was going to do.

[Balance]

I make no apology for taking the moral high ground Balance.

Any shareholders including directors can sell shares any time they like, not that they sold many really.

In regard to your favourite sound bite which you like to habitually quote out of context, to many it seems around about close to what is probable for 2014. It was when they said it, it was when they took some profits, and it is so still.

Good on them I say for taking something out for their families after many years hard work in building the company, now they get to renovate their homes was what I think DD told us he was going to do.

Haha - our hearts bleed for CS and DD.

Guess how much DD got paid for his 'many years' of 'hard work' in building the company?

[jonu]

Haha - our hearts bleed for CS and DD.

Guess how much DD got paid for his 'many years' of 'hard work' in building the company?

Oh Dear, looks like I might have inadvertantly given Balance another bone to chew. SNK and NZO threads are pretty quiet, Just as well he/she has got something to go on with!

BTW I largely agree with Balance on most of his/her rants, but I think it's getting a bit precious with PEB.

[Balance]

Oh Dear, looks like I might have inadvertantly given Balance another bone to chew. SNK and NZO threads are pretty quiet, Just as well he/she has got something to go on with!

BTW I largely agree with Balance on most of his/her rants, but I think it's getting a bit precious with PEB.

PR spin artists rely on the passage of time for people to forget - that's one thing I have learnt and I do not allow the PR spin artists to get away with their BS.

Repetition is their greatest fear - much like garlic to vampires.

:D

[Crystal Ball]

If DD and CS did not sell shares after the tens of thousands of tests comment, that's fine.

That is where you are out of line in your high horse BS defence of the company's inability to respond.

Still cannot handle the truth, that's your problem and will always be your problem as a blatant PR spin artist.

:D
Gee Balance, do you suck on lemons for a sport?

[barney]

I listened to the conference call from the announcement on Friday. Nobody asked questions about smoke and mirrors, conspiracy theories, or quotes about tens of thousands of tests. Even the ODT jurno who wrote the article which included the tens of thousands quote was on the call, yet nobody was interested. Obviously they're to busy to look at sharetrader.

[penn]

The other day I asked my boss if it would be OK if I called him Dick,
He said I would rather you didn't my first name is Robert.

[jonu]

Afternoon... I should probably apologize to all who were offended the other day when I called another member of this forum a certain part of the male anatomy... I do so now apologize... in particular to that member.

Thanks.

You insulted another member's member?:ohmy: ... Shift+R improves the quality of this image. CTRL+F5 reloads the whole page.

[Tsuba]

Time for Balance to calm down and go out and feed the chooks. My poultry few are calling me to give them some love. Round two tomorrow I suppose. :sleep:

[skid]

Man Tsuba--you are really into your outdoor activities--gardening ,Chooks :):)

[Tsuba]

Man Tsuba--you are really into your outdoor activities--gardening ,Chooks :):)

Sure am skid. And my birds give great pleasure especially my Guinea Fowl Twink. He is a global sensation on You Tube. Gets more views than Schnaps gets bites. ;)

[couta1]

To lighten up the day I thought it would be fun to guess who the 5 Muppet characters in Hancock's post number 11924 are? I'm pretty sure Balance is one of the grumpy old men? :eek2: Any takers to guess the other 4 ?

[twotic]

Mac and others,

You guys do realise you are able to block posts by certain users if you want to. If you don't think the poster has anything useful to say then it is great tool this forum offers. Might I suggest as well, that for people who bang on about the same thing over and over and over again, a further advantage of blocking there posts is that you never have the urge to reply to them, hence not feeding them exactly what they want.

I have no problem with the points some people are making on this site, but what gets pretty tiresome is logging in to see if any useful new info has been posted, only to have to wade through the same old debates page after page, day after day.

[Crystal Ball]

Mac and others,

You guys do realise you are able to block posts by certain users if you want to. If you don't think the poster has anything useful to say then it is great tool this forum offers. Might I suggest as well, that for people who bang on about the same thing over and over and over again, a further advantage of blocking there posts is that you never have the urge to reply to them, hence not feeding them exactly what they want.

I have no problem with the points some people are making on this site, but what gets pretty tiresome is logging in to see if any useful new info has been posted, only to have to wade through the same old debates page after page, day after day.
Totally agree with you twotic, so how does one go about blocking the never ending repetitive bleats from the same old same old......

[Crystal Ball]

To lighten up the day I thought it would be fun to guess who the 5 Muppet characters in Hancock's post number 11924 are? I'm pretty sure Balance is one of the grumpy old men? :eek2: Any takers to guess the other 4 ?
Haha couta, you are right on the button- Minerbarejet should be able to enlighten you....

[winner69]

Totally agree with you twotic, so how does one go about blocking the never ending repetitive bleats from the same old same old......

Just click on the users name and then click on highlighted button

Bugger .... sorry mate I don't know how to unignore you now

help

[Crystal Ball]

Just click on the users name and then click on highlighted button

Bugger .... sorry mate I don't know how to unignore you now

help
Haha, no worries, I won t take it personally :-)

[Crystal Ball]

There used to be a member on here by the name of "Balance" I think it was, no idea if he is still around. I put a block on him a couple of years back and never regretted it.
Still around black knat and I am about to join you on blocking......thanks winner69 for the info on how to do just that! Nice to get rid of pesky bleating negative types.... I go on this forum for info, not to read negative attacks on others which unfortunately some people with sad lives seem to thrive on.

[Crystal Ball]

Click on persons name, view profile, add to ignore, you can still see it if you really want to on thread.
And thank you Minerbarejet also, looking forward to not having to wade through all the chaff to get to the oats......

[Crystal Ball]

Edit ignore list is in 'Settings'
Beaut, think it can figure it out now, thanks guys.....

[Crystal Ball]

Thats the first time I ever made a crystal ball clearer.:)
Hehe, yes clear as a bell....
Thumbs up :-)

[AndyLP]

And thank you Minerbarejet also, looking forward to not having to wade through all the chaff to get to the oats......

Would be interesting to know what people's ratios were in terms of useful posts / to unuseful..
And at what point people say 'too much chaff not enough oats' and flag the whole thing.

[Crystal Ball]

Would be interesting to know what people's ratios were in terms of useful posts / to unuseful..
And at what point people say 'too much chaff not enough oats' and flag the whole thing.
A bit of fun and banter lightens the thread but poking the borax at the same people from certain people becomes tedious and childish. Most of the posters on here contribute in one way or another with their thoughts,charts, theories etc. All good stuff and helps round out ones own thoughts or perceptions. Really enjoy logging on and following PEB, one of the most enjoyable generally with some fun witty stuff- but not always and as is always the case the school ground bully or the man with too short legs struts his stuff behind a nom de plume. Sad really... But then that is life and we can make up our own minds who we support and follow and ignore the idiots that try to boost their own inadequate selves up by running down others....I for one will continue to enjoy this forum and now that winner, miner and other helpful chaps have explained how to block certain nasties, I for one am doing that and I suggest if it annoys you enough,do the same.
Gorgeous morning here, not a cloud in the sky, the sea is twinkling- by golly, life is good!!

[croesus]

Haha - our hearts bleed for CS and DD.

Guess how much DD got paid for his 'many years' of 'hard work' in building the company?


Ive noticed Balance, you often have a crack ( cowardly in my view ) at what Directors and CEO s earn...


Now I have come to realise its a default issue you have, probably to mask inadequacys on your part.

But it does get rather tiresome. please desist.

[winner69]

I am slightly confused I thought the figure of PUDUSA , around the 470k mark included both payments received and test done in the period that had been invoiced but unpaid. This is normal accounting practices.
So your CMS invoices are all ready included in the 470k which would indicate the PEB are miles away from their own and annalist forecast and are most certainly not right up there amonst the predictions.
Can anyone clarify this.

I would say your first statement is generally correct (no not the one about being confused, the rest of the sentence)

I make no comment about the rest of your post

[skid]

Thanks chaps, Winner69 actually clarified this for me in post #11382, your behaviour does you credit, good discussion.

I agree--W69 is a holder and wants to see the SP head up (to 1.10)-but is not afraid to bring to light any potential stumbling blocks that could be a problem(bit like the defense on the rugby field)--Thats good posting IMO

[skid]

Just for reference--Nasdaq and NBI have gone down over 1%(might mean nothing and dont want to get to far off subject--but good to keep an eye on)

[Xerof]

your turn next Moosie....

:D

[skid]

BTW Sorry Xerof, the bolt jammed and he got away. I tried. Next time. ;)

With all due respect--i dont get why those that hold long term feel the need to play the person ,rather than the ball

Just sayin..

[Xerof]

I think you have misinterpreted completely Skid. I was just prompting the third participant from the PALMY NORTH tag team to step up with the next negative comment, in a lighthearted manner.

And it was NBT whose rifle jammed, not mine

:D:D

[blackcap]

If I didn't know any better I could be forgiven for thinking it was Palmy North being a little jealous of Dunedin? :)

[winner69]

They are accruing tests at this point, payday will come later once they have a signed agreement.
Say you wanted your lawns mown.
Minerbarejet Lawnmowing Co, not wanting to lose what looks like good longterm customer to the likes of NMP22 Lawnmowing. Inc
1863, offers to do your lawns in the meantime until an agreement can be reached as to price and healthy regularity. Three months of
protracted negotiation follow with MLC doing the lawns twice a week. Eventually an agreement is signed and sealed.
Whereupon an invoice is issued for all lawnmowing done to date and MLC informs his accountant that he has a receivable of 24 lawnmowings at 230.50 each ( big lawn) due from Snappers Cray & Paua Emporium.Inc Est 1603.
Snapper coughs up and the accountant shifts the amount from receivables to revenue which appears in the Half yearly report with documentation to back it up( receipts and invoices )
MBJ goes out and buys a bottle of Raging Meg to ceblerate (hic):)

Great story mate but what does 'accrue' actually mean

[Xerof]

Great story mate but what does 'accrue' actually mean

I'm with Miner Lawnmowing Co on this one. His timing of accounting entries is absolutely correct.

There is no way in hell they will be accruing potential CMS tests as revenue. Full stop. Period. It is too uncertain and does not meet the accounting test of reasonable certainty.

If you guys want to continue a fruitless debate, please provide some facts.

[winner69]

Minor etc are totally correct - they have been doing texts that will be paid for only when CMS comes through. These do not appear as revenue.

It was minor who used the word accrue, not me and he implied they are un receivables too

Probably semantics but both of you are probably right and we might see a huge uptick in the sales figure.

Jeez we could keep this debate going on for years.

[Harvey Specter]

I think you guys are forgetting your double entry accounting.

If you accrue something in Accounts receivable, what is the other side of the entry?? It has to be revenue - Debit accounts receivable, credit Revenue.

Then when the cash is received, the entry is Debit Bank, Credit accounts receivable.

For them to be accuring, there needs to be virtual certainty for the audit to sign off on it (of the contract and the price).

I've had a quick look and cant find any reference to accruing for CMS sales. If you can point me to the right page, I can take a look.

[Xerof]

No need to waste your time HS, there are no accruals for CMS. I've already checked with the company, as I would have hoped others might have done before spouting the rubbish we've had to trawl through for most of the day

[Balance]

No need to waste your time HS, there are no accruals for CMS. I've already checked with the company, as I would have hoped others might have done before spouting the rubbish we've had to trawl through for most of the day

In the land of the blind, the one eye man is king.

[MAC]

Hi Harvey, David Darling had this to say during the HY conference call, they are tests yet to be invoiced rather than tests accrued, kind regards, Mac

Do you feel that you're still on track with the application on that?

“David Darling: Yeah thanks Adrian, good questions. Yes, the CMS - it's not a
- I think it's probably good to point out here that this is not a piece of paper
that you fill out like you might have to do for a Federal supply schedule.”

“You have to interact with these people and walk with them on a path that
they prescribe. That path is additive, so they can change up the path as they
see fit. They require you to put together a dossier and engage with them.
When they are happy that they have all the answers they require then they
will give you a pass on your driver licence and you'll move ahead.

As everybody should know, the approval for CMS, Center for Medicare and
Medicaid Services is the public insurer. The public insurer - we are unable to
provide GSM technology to people who are insured under the CMS, that's all
people in the United States who are over the age of 65 would be eligible for
CMS, not necessarily all take that opportunity up.

However we can provide this technology to those people and we can keep
those invoices and submit them at a later stage when we have attained our
coverage the CMS.

We've engaged with the CMS. We're working with them. We're preparing all
of the bits and pieces for them and we're on track and very happy. They are
happy.

[Xerof]

NG,

MAC's transcript sets out DD's comment on this, and here's the relevant part of the reply I got:


Although we do track US tests that may be potentially claimed against CMS in the future, no provision is made in the financial accounts for these tests.

So, look at it this way - there are an undeclared number of tests being tracked as potential billing items IF they get CMS as a payer, but for now, NO revenue is or has been recognised in the accounts.

The correct stance in the circumstances, don't you agree?

[Harvey Specter]

I would've thought it was weird to start racking up tests with no formal agreement. For example would you loan someone $100k with terms to be discussed later? Kind of leaves you in a poor negotiating position.Or you could consider it 'marketing costs', especially if providing to those that have to have regular tests over a long period of time.

The Lab is sitting idle so the actual cost of the test must be minimal, the value is in the IP.

Even if they do get a contract with CMS, would CMS backdate the contract? The benefit would be having a existing set of 'customers' ready to submit claims to CMS for their ongoing test needs. The last thing you want is to push them to another supplier due to a short term issue.

[Xerof]

NBT, I don't know the answer. All I take from the HY accounts is that there is no revenue recorded for anything to do with CMS. Secondly, nowhere in the accounts is there any mention of anything 'banking up' for potential invoicing at a later date.

It does seem clear to me that there is some chance of a back-dating of invoices in some form or other, (why would they say there is, if there isn't?), but no proactive emphasis has been put on it by the company

I'd be very surprised if anyone is counting on some back-dated tests being paid for in the bigger scheme of things personally. I'm not.

[MAC]

And of course, this clarification has been openly sitting on the PEB website for all to see for over 18 months now.

“Pacific Edge is a Medicare provider. Pacific Edge will accept patients with Medicare coverage, and these patients will have no financial responsibility for Cxbladder”.

The elderly, forgive me, the over 65, as a demographic have a much higher incidence of bladder cancer than other demographics.

There very probably are relatively quite a few invoices stacking up on Jackie’s desk, all good to go on the day, the longer they stack, the bigger step in revenue contribution they may well make.

DD told us at the AGM that this is the approach to be taken.

For CMS it releases any pressure that would otherwise be received from pushy applicants, for applicants like Pacific Edge it takes the pressure off to get coverage approval quick.

IMO, CMS are very probably awaiting the completion and publication of the US cxbladder studies presently underway in the US, just because they can, and there is all the time in the world for them to do so.

Some patience is required as investors, nobody else in the picture is in any rush, there’s no need to be so, and no other company disgorges day to day business workings like some seem to want from Pacific Edge.

[nextbigthing]

that Edison comment is quite confusing. What the heck is the difference between being "invoiced" and "billed"?

Sounds a little bit like they made that up tbh

Recorded versus actually being sent I guess

MAC; Some may be trying to rush them. I'm just trying to get some clarity/certainty. This is a material issue that is perhaps best not left unconfirmed (or confirmed through a potentially out of date website statement).

[cammo]

I can't understand it because of the malapropisms. But are they actually malapropisms?

[skid]

So if Joe Shmoe has been mowing my lawns for the last 6months or a year and back dating invoices for say $1000 and I say ,(after that time)that Joe is a good mower--then I get to pay him $1000--and if I dont think hes that good--well,you can see where Im going with this.

They are going in the right direction,but it still comes down to the same thing--If the big Kahuna is not on board,those growth charts are out the window.

Change in Obamacare-change in bureaucracy of a different Gov. --All Im saying is all the eggs are not in the basket to count yet.

Did we get clarification on the hic up in the tests? I didnt notice ,but if its sorted ,I stand corrected on that.

What if they just dont like the Bio marker as compared to the old style?

If they like the test results, have they given an assurance they will run with CX and not a competitor that comes up with a sweetener?

Is NP22 telling its shareholders this same story?

Not trying to throw a spanner but its worth considering..

[skid]

I think you have misinterpreted completely Skid. I was just prompting the third participant from the PALMY NORTH tag team to step up with the next negative comment, in a lighthearted manner.

And it was NBT whose rifle jammed, not mine

:D:D

Sorry...missed that (should have noticed the;);)

[BFG]

I think you have misinterpreted completely Skid. I was just prompting the third participant from the PALMY NORTH tag team to step up with the next negative comment, in a lighthearted manner.

And it was NBT whose rifle jammed, not mine

:D:D

Man you guys are schizophrenic. Do you want me here or not? One day the price matters (the up days), then it doesn't. One day the commentary us everything, and then when it doesn't appear it doesn't. Make up your minds!!!

I don't have anything to say anyways. Hanks chart (very, very ironically...) posted today speaks more than I could ever say.

Ciao.

[nextbigthing]

This thread...

6552

[robbo24]

Seeing as everyone is building up posts I thought I had better add:

:D:D:D:D:D:D:D:D:D

CMS announcement tomorrow?

[klid]

Seeing as everyone is building up posts I thought I had better add:

:D:D:D:D:D:D:D:D:D

CMS announcement tomorrow?
Probably >1% chance :D

[BFG]

Probably >1% chance :D

Greater than 1% eh?

Sounds like a bet worthy of the good ol' Winnie Blues then!

[skid]

That is not quite right. The report is a review of all existing published literature on "Emerging Approaches to Diagnosis and Treatment of Non-Muscle-Invasive Bladder Cancer" - this includes the Journal of Urology paper on CXBladder. The report is in that sense not new science. The report assess the strength of evidence ("SOE") in favour of Cxbladder (ie the Journal of Urology paper) as "weak".

I really dont see how this is considered irrelevant. In terms of everyone being hyped up on the tests (and sorry Miner-that 2nd page disclaimer is not convincing)

How is that going to translate into a glowing CMS announcement?- Bad news with a 2nd page disclaimer(sort of) is not good news in my book
-just looking for a bit of clarity on the subject

[MAC]

And this, ..... ..... who's there ?

6553

[Xerof]

Quite a few indulged in the mass debate today......

Hey Clint, do we have a policy on backing up invoices?

[Crystal Ball]

Bet you cant resist and sneak a peek. Lol. I tried it.
Haha, you are probably right Miner, it's human nature after all....

[winner69]

I think you guys are forgetting your double entry accounting.

If you accrue something in Accounts receivable, what is the other side of the entry?? It has to be revenue - Debit accounts receivable, credit Revenue.

Then when the cash is received, the entry is Debit Bank, Credit accounts receivable.

For them to be accuring, there needs to be virtual certainty for the audit to sign off on it (of the contract and the price).

I've had a quick look and cant find any reference to accruing for CMS sales. If you can point me to the right page, I can take a look.

Scientists do accounting differently harvey.

We all know profit is not part of their lingo, or thinking, so they do things their way.

Have a lady on board now who supposedly knows about accounting so in future things might make more sense

[cammo]

To get your foot in the door ANYWHERE, you gotta give heaps away for trials. Applies across the board: online accounting software, new building materials, pharmaceuticals, acne snake oil on tv. Free 30 day trial! just pay the postage! Aint nobody gonna buy your widgets if they cant try them. Keep on with the freebies to the industry, try the milk, try the milk, I got shares in the cow.

[jonu]

To get your foot in the door ANYWHERE, you gotta give heaps away for trials. Applies across the board: online accounting software, new building materials, pharmaceuticals, acne snake oil on tv. Free 30 day trial! just pay the postage! Aint nobody gonna buy your widgets if they cant try them. Keep on with the freebies to the industry, try the milk, try the milk, I got shares in the cow.

I also have wondered about what inducement hurdles they might be facing. I'd guess big-pharma would have plenty of incentive schemes. You would hope best practice would usurp shiny things, but I wouldn't count on it

[cammo]

I dont think logoed pads and silkscreen branded pens cut it anymore. Id be betting on Ipads and galaxy notes with their brand set as wallpaper!

[robbo24]

Willing to put some Winnie blues on it bro

I'm happy to put down a Winnie Blues bet with you - just not on CMS coverage occuring today :D:D:D:D:D:D

[skid]

Skid, I think you might be juggling two balls at once here,
Dont really get a connection about ARHQ affecting CSM or wikiwerka for that matter.
The disclaimer is there for all to see, make of it what you will.

Be careful you may get banned for referring to part of the anatomy:):) (no juggleing there I can assure )
but quite right 2 different things --although one could affect the other (strike the CSM):)

[skid]

I dont think logoed pads and silkscreen branded pens cut it anymore. Id be betting on Ipads and galaxy notes with their brand set as wallpaper!

I think free tests for trail would be as far as it goes for something as tiny as this--If one of the other tests was backed by big Pharma then that would be another story(piggy backing on their other products and co. profile) (I dont know if any of them are associated with big boys but those all expense paid trips must be pretty enticing for decision makers)
I got a meal and free Sting concert compliments of big Pharma(long story)

[skid]

Man you guys are schizophrenic. Do you want me here or not? One day the price matters (the up days), then it doesn't. One day the commentary us everything, and then when it doesn't appear it doesn't. Make up your minds!!!

I don't have anything to say anyways. Hanks chart (very, very ironically...) posted today speaks more than I could ever say.

Ciao.

They are just trying to protect or increase their assets Moo--I mean BFG..nothing wrong with that..(unless of course you think they are being totally frank and honest with no agenda-(a rare breed in either camp):

With this kind of volume,theres a chance even us lowly posters could influence the SP

Gotta go out and mow grass and cut hedges on a rental (Tsuba would be proud):)

[Balance]

http://www.sharetrader.co.nz/showthread.php?2269-Rubicon/page6

Post #87

[MAC]

Yep, what an absolute shame for them really, just imagine what an innovative R&D company Arborgen could have successfully been if David Darling had chosen stay on;

https://www.nzx.com/files/attachments/193301.pdf

https://nzx.com/companies/PEB/announcements/247564

:)

[skid]

http://www.sharetrader.co.nz/showthread.php?2269-Rubicon/page6

Post #87

I remember seeing that a while back--anyone know how long he was at the helm?

[MAC]

Hmmm, seems that following the HY report, the conference call and perhaps coffee with the new CFO, Forbar have increased their revenue projections for Pacific Edge yet a smudge further;

Analyst consensus:

FY15: 242% growth

FY16: 330% growth

https://au.finance.yahoo.com/q/ae?s=PEB.NZ

Sales staff now on board ---> user programmes stacking ---> revenue growth

[Snow Leopard]

Hmmm, seems that following the HY report, the conference call and perhaps coffee with the new CFO, Forbar have increased their revenue projections for Pacific Edge yet a smudge further;

Analyst consensus:

FY15: 242% growth

FY16: 330% growth

https://au.finance.yahoo.com/q/ae?s=PEB.NZ

Sales staff now on board ---> user programmes stacking ---> revenue growth

So the high FY15 revenue estimate is $3M14 and they have already done $1M60 at HY so...
no revenue growth for the 2nd half :scared:.

Something not right there :t_down:

Best Wishes
Paper Tiger

[MAC]

So the high FY15 revenue estimate is $3M14 and they have already done $1M60 at HY so...
no revenue growth for the 2nd half :scared:.

Something not right there :t_down:

Best Wishes
Paper Tiger

Totally agree Tiger, they are really quite conservative with their estimates, and to be fair though they don't generally all that often cover a lot of pre-profitable stocks. If one needs to be one of their cliental then there is a fair chance that one needs them to be so on one’s behalf.

[winner69]

I remember seeing that a while back--anyone know how long he was at the helm?

David spent many years at Fletcher Forests and was the 'father' of Arborgen who appears to have taken the credit for taking it from startup to 'successful commercialisation', selling tens of millions of seedlings but not making any money.

I still reckon that scientists interpret successful commercialisation as bringing to market, profits don't come into the equation.

That's why I think of Arbogen now as being PEB in 10 years time, just maybe.

Darling et al are great scientists but I think they lack real commercial nous. Has Darling ever seen a Income Statement showing a profit?

I take heart from Balance that these deficiencies are recognised and PEB have endeavoured to instil this commercial nous in the USA - lets hope so

Anyway squiggly line still looks OK - $1.10 time to reassess

[Balance]

David spent many years at Fletcher Forests and was the 'father' of Arborgen who appears to have taken the credit for taking it from startup to 'successful commercialisation', selling tens of millions of seedlings but not making any money.

I still reckon that scientists interpret successful commercialisation as bringing to market, profits don't come into the equation.

That's why I think of Arbogen now as being PEB in 10 years time, just maybe.

Darling et al are great scientists but I think they lack real commercial nous. Has Darling ever seen a Income Statement showing a profit?

I take heart from Balance that these deficiencies are recognised and PEB have endeavoured to instil this commercial nous in the USA - lets hope so

Anyway squiggly line still looks OK - $1.10 time to reassess

Even Steve Jobs had to be kicked out of Apple first before he became commercial.

[winner69]

Updated my DCF

On assumption of $100m revenues in 2020 and terminal growth of 5% and my desire to make 12.5% pa current 'valuation' is $1.03

So if things go to plan that is what I reckon it worth today ......lot less if things don go to plan .....how does one manage that?

Squiggly line looks OK ....$1.10 first target ....sentiment overrides fundamentals remember

[robbo24]

Squiggly line looks OK ....$1.10 first target ....sentiment overrides fundamentals remember

Yeah man it's just like females... If busters be hollering at them females then a brother be like I got that thirst. Otherwise, player be like wondering what this dusty female is up to if no brothers in the crib be spitting good game at that female.

:D:D:D:D

[Minerbarejet]

Yeah man it's just like females... If busters be hollering at them females then a brother be like I got that thirst. Otherwise, player be like wondering what this dusty female is up to if no brothers in the crib be spitting good game at that female.

:D:D:D:DWell, thats done it. Now we have rap to go with the crap. Cant wait to see the next effort. It will be a winner or out of balance, maybe both

OK, so I changed my mind, somebody has to help these people.

[Dentie]

Well, that does it for me. Bye bye for now.
See you in May
Have a nice Christmas everyone.
Cheers
Miner

What Miner said!

[klid]

LOL robbo you're hilarious.

[BFG]

Yeah man it's just like females... If busters be hollering at them females then a brother be like I got that thirst. Otherwise, player be like wondering what this dusty female is up to if no brothers in the crib be spitting good game at that female.

:D:D:D:D

Contrarian indicator; don't follow the herd. Get in amongst it Robbo, player got to be strategic with the game...

[Balance]

Totally agree Tiger, they are really quite conservative with their estimates, and to be fair though they don't generally all that often cover a lot of pre-profitable stocks. If one needs to be one of their cliental then there is a fair chance that one needs them to be so on one’s behalf.

Really quite conservative with their estimates!!!!???

Are we talking Forsyth Barr here?

The Forsyth Barr who promoted and marketed Feltex, Credit Sails and South Canterbury Finance preference shares as the greatest investments ever - high yields but low risks?

They were so 'quite' conservative that they put the investments into some of their clients investment portfolio without the clients knowledge?

The Forsyth Barr which then pretended that they were just minor players when the investments blew up?

Same Forsyth Barr who was then outed as actively involved in structuring and promoting the investments for huge fees, and called some of their clients 'flies'?

"Remember we catch more flies with honey than vinegar!"

Goodness gracious me, you sure hit rock bottom on that one, MAC.

Almost as 'good' as the 'if DD had stayed on at Arbogen' !!!! :D

[MAC]

I’ve absolutely no comment to make on any other Forbar reports Balance.

Although as I’ve commented before when it comes to Pacific Edge, I think Chelsea has captured the essence and potential of the company very well in her 30 odd page report, and I thought that Hayley’s questions for Forbar during the HY conference call were reasonably focused, well done both.

Certainly anyone appraising the report may very well find it conservative when it comes to valuation methodology, there’s no secret in that.

Good luck to you.

[Balance]

I’ve absolutely no comment to make on any other Forbar reports Balance.

Although as I’ve commented before when it comes to Pacific Edge, I think Chelsea has captured the essence and potential of the company very well in her 30 odd page report, and I thought that Hayley’s questions for Forbar during the HY conference call were reasonably focused, well done both.

Certainly anyone appraising the report may very well find it conservative when it comes to valuation methodology, there’s no secret in that.

Good luck to you.

haha - but of course.

:D

[BFG]

Hey Robbo, want to post up a daily chart, specifically citing RSI & MACD?

[robbo24]

Hey Robbo, want to post up a daily chart, specifically citing RSI & MACD?

Sure, it's looking really good (http://bigcharts.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=nz%3Apeb&x=54&y=14&time=12&startdate=1%2F4%2F1999&enddate=12%2F4%2F2014&freq=3&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=10%2C30%2C50&uf=8&lf=4&lf2=2&lf3=8&type=4&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11).

MACD histogram is suggesting the [winnie] blue line will start to head back up and cross the red line. You will agree with me that this is a good thing.

RSI heading on up too.

You will recall our bet was based on this same chart - it all looks to still be intact, even better than it was in November actually.

Shall I take a picture of myself holding a ruler in the same spot as on 5 November 2014, or can you do that for yourself now?

:D:D:D:D:D:D:D:D:D

[winner69]

Sure, it's looking really good (http://bigcharts.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=nz%3Apeb&x=54&y=14&time=12&startdate=1%2F4%2F1999&enddate=12%2F4%2F2014&freq=3&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=10%2C30%2C50&uf=8&lf=4&lf2=2&lf3=8&type=4&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11).

MACD histogram is suggesting the [winnie] blue line will start to head back up and cross the red line. You will agree with me that this is a good thing.

RSI heading on up too.

You will recall our bet was based on this same chart - it all looks to still be intact, even better than it was in November actually.

Shall I take a picture of myself holding a ruler in the same spot as on 5 November 2014, or can you do that for yourself now?

:D:D:D:D:D:D:D:D:D

So when will it hit $1.10 then .....yippee

[robbo24]

So when will it hit $1.10 then .....yippee

I'm just going to throw this out there... If PEB truly break through the monthly SMA10 then my Robbo-sense says within 30-60 days it might test $1.10.

If it starts closing above the SMA10 on the monthly chart then I'll put a pack of winnie blues on it with BFG and NBT.

:D:D:D:D:D:D:D:D

[robbo24]

Monthly ultimate oscillator crosses and fast and slow stochastic (http://bigcharts.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=nz%3Apeb&time=10&startdate=1%2F4%2F1999&enddate=12%2F4%2F2014&freq=3&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=10%2C30%2C50&uf=8&lf=32&lf2=16&lf3=131072&type=4&style=320&size=4&x=27&y=18&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=15) give a pretty good impression of what PEB is up to.

Have they maxxed out for now? Another step down and fail of the SMA10? Maybe.

I'm a bit more bullish though, mainly because usually thinking and doing the opposite of BFG makes good returns.

It's the first time in a long time that the monthly chart has been in good shape - just a bit cautious to see whether it trails off or not...

Anyway, Robbo24's looking to the SMA10 for now.

[BFG]

Hey Rob

You failed at post 1. You didn't post a daily chart.

Post a daily chart, then re-interpret.

And smoke some more Winnie Blues. Hear they increase perception skills. ;)

Cheers,

Big Friendly Goose

[BFG]

Your chart indicators also look maxed out on a lower high even on a monthly basis. Not a good sign at all mate. Better pray that uptrend line holds...

[Balance]

Your chart indicators also look maxed out on a lower high even on a monthly basis. Not a good sign at all mate. Better pray that uptrend line holds...

Weak buying support from what I can see - Offer side building up momentum.

Now watch the 'long termers' scream at the daily price movements.

:D

[robbo24]

I thought you TAers would be all over the associated BB tightening and implications for an imminent breakout? Or is that not in fashion anymore?

BFG prefers to come up with his hope of what the shareprice will do, then strings together any available information that may support his wish.

:D:D:D:D:D:D:D

[skid]

I thought you TAers would be all over the associated BB tightening and implications for an imminent breakout? Or is that not in fashion anymore?


Your right NG--from my limited knowledge it can signal a breakout(imminent ay be a bit strong though)--it can go either direction.
I think those who are really good at charts can get an ''inkling of which way might be a little more likely'' (but Im not in that league)

I think it can sometimes take a while to happen

[robbo24]

I think those who are really good at charts can get an ''inkling of which way might be a little more likely'' (but Im not in that league)

If I'm not mistaken, squeezing of the bollinger bands suggests the movement towards that of the existing trend is more likely.

:D :D :D :D :D :D :D

[skid]

Looking back,that does seem to be the case(but only just)----Only problem is ATM the sp is going the wrong direction:confused:

[winner69]

The BBs seem to be widening at the moment - at least the 20,2 ones are

[winner69]

Weak buying support from what I can see - Offer side building up momentum.

Now watch the 'long termers' scream at the daily price movements.

:D

Good call here mate

Not a good day for PEB shareprice is it

If the price doesn't stay within he +10% /-10% price envelope I can see it falling to the low 70s - maybe sub 70 again

[Xerof]

I have noticed Mr Magoo :t_up:

[skid]

The BBs seem to be widening at the moment - at least the 20,2 ones are

But the breakout has occurred--You just never know which way its going ,for sure.

Its now below my selling price before the announcement--My coffers are empty though as I have gotten interested and bought into another medical stock which IMO has better fundamentals.(doesnt have a fun thread though)
It dropped 2% as soon as I bought in though so dont feel to bad guys--Still good looking chart though with a good ways to go before telling me to bail---Have faith skid.

[BFG]

But the breakout has occurred--You just never know which way its going ,for sure.

Its now below my selling price before the announcement--My coffers are empty though as I have gotten interested and bought into another medical stock which IMO has better fundamentals.(doesnt have a fun thread though)
It dropped 2% as soon as I bought in though so dont feel to bad guys--Still good looking chart though with a good ways to go before telling me to bail---Have faith skid.

TRU doesnt count as it's pretty much an SLI (Sorehead Lifestyle Investment)

[skid]

Its not TRU-- It wouldnt be good form to mention it without a nod from the person who put me onto it--If its ok, you can feel free to compare the fundamentals and charts with PEB

[klid]

I thought I should post; since I have being; to state that I sold a bit today.
Still like PEB. I've just done a bit of re-balancing, given the oil price (what?)

[BFG]

Its not TRU-- It wouldnt be good form to mention it without a nod from the person who put me onto it--If its ok, you can feel free to compare the fundamentals and charts with PEB

Just being sarcastic. It is Friday. I trust you have A LOT more sense than to ever buy into the SRS (Sorehead Retirement Scheme) :D

[Minerbarejet]

For those that cant hear too well.
http://www.pacificedgedx.com/assets/annual-reports/PEL-2015-Half-Yr-Conference-Call-Transcript.pdf

[skid]

Just being sarcastic. It is Friday. I trust you have A LOT more sense than to ever buy into the SRS (Sorehead Retirement Scheme) :D

You got me there:)

[Balance]

For those that cant hear too well.
http://www.pacificedgedx.com/assets/annual-reports/PEL-2015-Half-Yr-Conference-Call-Transcript.pdf

Holy mackerel - was DD talking about Aborgen in his closing statements? Deja vu?

[skid]

For those that cant hear too well.
http://www.pacificedgedx.com/assets/annual-reports/PEL-2015-Half-Yr-Conference-Call-Transcript.pdf


The whole market is not hearing PEB to well ATM (even though the NZX is forging ahead)
Im not speaking for others ,but I found that In my case i was getting ''to close'' and missing the overall picture.
When this other company was brought to my attention and I compared,it helped clarify the picture.

[Minerbarejet]

Holy mackerel - was DD talking about Aborgen in his closing statements? Deja vu?
For those that cant see the forest for the trees there is always the original recording.

[winner69]

Holy mackerel - was DD talking about Aborgen in his closing statements? Deja vu?

And Hayley's (Forbar) 'well focused questions' (MAC) seem to have been lost in transcription

Wonder what they were

[skid]

The whole market is not hearing PEB to well ATM (even though the NZX is forging ahead)
Im not speaking for others ,but I found that In my case i was getting ''to close'' and missing the overall picture.
When this other company was brought to my attention and I compared,it helped clarify the picture.

Ill elaborate a bit just to show where Im coming from

It has the same Market cap as PEB,yet has 20Mil in revenue and growing fast--a global best practice product-supurb distribution partners(which has always been my biggest complaint with PEB--not going in with a known partner to distribute)
And a 60%recurring revenue stream,independant of equipment sales(They sell medical equipment) They have just expanded to a number of European countries-- Its NAN on the OZ market (currently @112)
Now every share carries risk and PEB is an interesting share(with a fun,facebook style thread)but for me comparing the 2 made it clear where I was going at this stage.(I could always go pear shaped and then Id probably get fleeced to within an inch of my life:)
Rather than down ramping Im just presenting something to compare too---It was an ''either or''situation for me.
Best of Luck--(we all want PEB to succeed in the end--Its will (would) be good for NZ)It just may take awhile

Disc.--I didnt root this out myself -It was brought to my attention

[MAC]

Crumbs, all you TA’s sound a bit like a bunch of kids on the way to an xmas pennant, sorry I mean pageant, but then who knows what shiny new thing will arrive for xmas, Pacific Edge might even flag something ?