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Minerbarejet
07-10-2013, 04:02 PM
Some interesting times ahead. Within 60 days we should know if anything at all is happening. My guess is there is a bit going on based on the requirement of having Dunedin as a backup. March sees the report come out for the Urological Society in Australia and NZ. Late February should see another quarterly report and again in May.
By that time we should be getting a handle on progress. Every possibility the share could exceed its previous highs of .79 by this time next year which would make me very happy indeed. Ecstacy and elation may take a little longer.:)

Dentie
07-10-2013, 05:31 PM
I think some are trading this share now for no other reason than they can and they just are excited by trading ....full stop. Most of the informed investor types are just waiting until the relevant info appears whilst the trader types can't stand the lack of movement so are probably trying to create some - just for amusement sake. Very low volumes .... but will be interested to see the volumes once some of these managed funds feel safe enough that PEB aren't a fly by nighter.

nextbigthing
07-10-2013, 07:59 PM
...... My guess is there is a bit going on based on the requirement of having Dunedin as a backup....

I couldn't help but think when this info was released that it seemed a bit odd given the US factory can already easily handle things for a while. I wonder if it was a subtle 'read between the lines' hint from Darling that things are starting to happen. Although maybe I'm over-thinking it and they are simply happy to have another box ticked.

NBT

Minerbarejet
07-10-2013, 08:45 PM
As Percy would say " we are well positioned"

Minerbarejet
07-10-2013, 09:28 PM
Just don't flood your pants if the SP takes off ;)
If it takes off I wont be worrying about wet pants or anything else for that matter.
Im waiting for dividends as PEB is in the long term investment account. It is not for trading as far as Im concerned although others may feel they can boogie in and out. There is a risk of missing it and a whole lot of handwringing and anguish at being left behind having just sold. Mind you you could buy less at a higher price if it looks like its getting away on you. This is a sit back relax pour a whisky or whatever and wait time if you are in and a nailbiting fretful, tense, fear ridden debilitating, shall I shant I indecisive time if you are out.
Do have a nice day:)

MAC
07-10-2013, 11:23 PM
It's always been in the pipeline to have the Dunedin Lab CLIA certified, it's prudent and smart in case the US lab somehow runs into massive trouble. Maybe in a few years it will prove its worth with extra tests, but certainly not right now!

I think the market has priced in too many tests right now and is going to be underwhelmed in December TBH.

Steady as she goes mate, steady as she goes...

If 'pricing in too many sales' means an SP 32% off it's high's of six months ago, then expectations are presently very low indeed. Most of the commentary on this thread though seems to be appropriately conservative, slow and steady growth, not many HY14 sales while staff are in training, roll out expectations in alignment with PEB's well considered and on schedule commercialisation plan.

The smart money performs analysis, company research, assessment of risk, fundamental valuation, and awaits confirmations, catalysts and entry points. If anyone is expecting more sales than PEB could possibly have achieved within the first three months of their commercialisation plan, then yes, they will be both disappointed and not the smart money.

Each day that goes by brings PEB closer to that projected US $100M forward revenue stream and thus leaves PEB a day further undervalued, let alone all that risk falling away proportionally releasing value.

With five years of growth ahead we should not need to be concerned with short term moves in SP.

Looking back any entry point between $0.54 and $0.79 may very well have seemed a fantastic missed opportunity.

winner69
08-10-2013, 08:13 AM
........where this puppy is going .


Puppy ......young DOG

Calling PEB a dog is YELLOW CARD for you

MAC
08-10-2013, 09:44 AM
could be true, but we must remember that traders have been very active in this stock and still can be. if sales don't stack up in December, I can see a few rushing for the tiny exits. I myself am going to wait until the sales are out and let the market decide where this puppy is going before buying. I don't mind buying into an uptrend and missing the initial rush, nor buying after a fall as we all know it will just take time. all about risk and feeling confident in what I'm buying now. just seen too much expectation put into a biotechs sp before.

The announcement is in late November not December, but interestingly, PEB don't actually report the number of tests performed, they only, in the past at least, have reported sales revenue.

HY13 revenue was a very modest $325k, some of us are confident that PEB will have improved on that a little somewhat at HY14.

The share price for any stock always oscillates about and returns again to fundamental valuation and PEB is significantly undervalued at $0.54, although I would agree that the traders influence the timing.

nextbigthing
08-10-2013, 05:39 PM
Saw my first bit of advertising for CX Bladder today (other than the website) - article advert in AIRNZ's kia Ora magazine. Nice to see.

Disc; not in just yet but funds are ready.

Dentie
09-10-2013, 07:26 AM
Given the technicals, I believe we are entering a phase of some good "topping up" opportunities - particularly for the investor types...

GRIFFIN
09-10-2013, 07:39 AM
Correct on that statement Dentie it's quite thin on the bid side at the moment, just over 100k, so it may test the under 50c region.

nextbigthing
09-10-2013, 08:08 AM
So from a chartists point of view, IF it did break through the 48c region in a downtrend and given no new news, where would it stop?

Balance
09-10-2013, 09:32 AM
Correct on that statement Dentie it's quite thin on the bid side at the moment, just over 100k, so it may test the under 50c region.

Still a lot of shareholders sitting on huge profits at 50c, and getting nervous about lack of sales.

Suspect some of them will bail out at least half, just to be on the safe side.

My pick is that PEB will test 40c in the absence of any positive sales update.

False Profit
09-10-2013, 10:35 AM
Plenty of support at 50c. I missed this one...got in late to work :mad ;: hope we see a few more dips on the way to the stars :t_up:

Dentie
09-10-2013, 10:49 AM
Still a lot of shareholders sitting on huge profits at 50c, and getting nervous about lack of sales.

Suspect some of them will bail out at least half, just to be on the safe side.

My pick is that PEB will test 40c in the absence of any positive sales update.

I fully agree with you Balance.....if it can't hang onto 50c then I can't see anything until major support at 40c.

Watching closely with my chq book open....

Dentie
09-10-2013, 10:51 AM
I just snaffled 43,508 @ 50, just couldn't help myself.


Hey Hancock's...reminds me of a song from a group from my formative years called The Monkees......"hey, hey...I'm a believer...."

Let me tell you I'm also a big believer in PEB ... in big for the long haul...but might try a bit of short term trading as well.

MAC
09-10-2013, 11:09 AM
I have gone over this a few times. I believe (my opinion!) the market has priced in too many sales and that PEB is going to underwhelm the market with that next report. SP drop, traders get shaken out, buy time, next report is much better. That's my chain of events I am playing to and will not buy until after the report, simple.

You are underestimating how volatile the stock is and how many traders are in it I think.

DISC - Not holding PEB, nor looking to initiate a position in the near future. DYOR and hope that the Moose is as contrarian an indicator as everyone believes!

Moosie, the market will assess based on what information the company and the greater market has provided. A good value investor will research extensively and be confident in that research, this is how one buys low and sells high.

Opportunities present themselves when traders swing the SP lower than fundamental value, as at present, and when they also swing it higher providing nice exit points, bless them as they provide this service.

But, I do agree that if you are ever unsure or not confident in your research than the safe option is just to do nothing.

Schrodinger
09-10-2013, 11:37 AM
Moosie, the market will assess based on what information the company and the greater market has provided. A good value investor will research extensively and be confident in that research, this is how one buys low and sells high.

Opportunities present themselves when traders swing the SP lower than fundamental value, as at present, and when they also swing it higher providing nice exit points, bless them as they provide this service.

But, I do agree that if you are ever unsure or not confident in your research than the safe option is just to do nothing.

PEB isnt a stock that a 'value investor' would look at. This is more a 'growth investor' stock.

Dentie
09-10-2013, 12:37 PM
Very true, but that implies the market always has a "fair value" on the SP of any stock because all the information available is available to the market. We have seen with DIL that the market can act very irrationally and NOT fairly value the stock! However, that is for another thread so let's stay away from "fair value"!

What I am hoping for here is for that irrationality to seep into PEB as the short-termers take over and drive the price down so that I may buy as it bottoms. If it goes up on the report release and sales are good, all the better as the long-term uptrend begins sooner than I thought! However, my money is on PEB falling a bit more this year.


Either way, I'm on the sidelines until then, and trust me, I can wait awhile with my new found patience!

Hey Moosie...that wasn't you getting 500k at .53c was it??

MAC
09-10-2013, 01:27 PM
I just snaffled 43,508 @ 50, just couldn't help myself.

Well done Hancock's, you beat me to them !

biker
09-10-2013, 03:20 PM
Well done Hancock's, you beat me to them !

Was after those also but put a buy in at 50c when I missed and have just picked up 50000

Dej
09-10-2013, 03:34 PM
Was after those also but put a buy in at 50c when I missed and have just picked up 50000

Ill buy in if it heads to about 42-44 region in the near term, else I will wait till after this report like moosie says. Have been in and out of this stock a few times over the years, hitting the rises and moving money to other short term plays then back to this when ever I have nothing come up.

Minerbarejet
09-10-2013, 04:35 PM
Looks like ya'll might have fought a losing battle trying to hold 50 cents today, sorry to say. If she closes below that level for a few days in a row she's going to turn into a major resistance point.You wouldn't be doing a bit of downramping to get the price down would you, Moosie?
If you are watching Phil dont worry about the sp- we await news and it will be along in duke horse:)

blobbles
09-10-2013, 04:42 PM
Come on baby, drop some more... I have $9k I want to spend on another 20k shares!

Big trading day today, 3/4 of a million shares traded already, the biggest amount since... May?

Minerbarejet
09-10-2013, 04:53 PM
As I have disclosed before, I am not looking to initiate any positions in the near term and have clearly stated I will wait until the report is out before initiating one.

And yes, I made my bed today :)Dont expect too much from this coming report myself but am open to being pleasantly surprised. May will be interesting though and the USANZ report in March.
Gratz on the bedmaking:)

biker
09-10-2013, 05:14 PM
Looks like ya'll might have fought a losing battle trying to hold 50 cents today, sorry to say. If she closes below that level for a few days in a row she's going to turn into a major resistance point.

Well mate, she hasn't closed below that level today

Bobcat.
09-10-2013, 05:27 PM
I topped up just on 5pm. Too much potential here for any downside to be longstanding, and 50c has found adequate support before.

BC

Dentie
09-10-2013, 07:13 PM
You're a funny man Dentie. If anything I'll be buying at or below 40 cents if I get my way. Archivists don't make enough to justify buying that many PEB! :eek2:

hahaha...I did have tongue firmly entrenched in my cheek Moosie....

Just a little taunting going on....

You will be very lucky at 40c though - either that or you will have to be bl..dy quick!!

Minerbarejet
09-10-2013, 08:20 PM
lol, its all good, everything is taken with a (massive) grain of salt on here ;) Dont take too much Moosie, could raise your blood pressure and give you a stroke.

croesus
09-10-2013, 10:13 PM
Moosie... sorry but I wont be able to collect the Red Wine you owe me , for another 3 weeks... off to India...in a few days... on a Train tour.. culminating in the F1 Delhi... then a 30 hour train.. and a week Trekking Singhalia Ridge behind Darjeeling.

My advice... don't fluff around get into PEB now.. if you wait for good news you will pay 50% more.... I was right with Snakk.. trust me on this one...

Nameste...

Minerbarejet
09-10-2013, 11:08 PM
aye aye captain croesus, just hope you're not right with your DIL call!

miner, I could actually do with a salt reduction, my diet is full of it. what do you recommend? 5-7 days off ST then?
Buy some bloody PEB shares and sweat the salt out like the rest of us. Buy half of what you want - if they go down buy some more- if they go up buy some more. You have reached a croesus point - quit fluffing around like he says. You might just drop the ball and we dont want any ballless moose running around stomping on flamingoes by accident.:)
Seriously though cut out the crap food like chips crackers, eat ginger, raisins, nuts, dried apricots,dates instead. Fill you up and are delicious with rice and a bit of cream as a dessert or for breakfast.
Cheers
Mynah:)

Minerbarejet
10-10-2013, 10:34 AM
OK Moosie - thats your way of looking at things based on what has gone on before. All that tells me is that most of the punters are awaiting positive news. The RSI has been sick many times on your chart and has rebounded every time if it crosses below. We cant expect a straight line rising in share price, there will always be ups and downs. Do you really think there will never be any good news from this stock. Sure it might take a while longer than expected but I would suggest in 5 years time your chart of today may be a rather small correction in a steady upward line.
Cheers
Mynah

MAC
10-10-2013, 10:34 AM
Blinkered and rear looking perhaps? But it’s a volatile period now in the markets and anything could happen.

Indeed, it's difficult to make a clear link between US politician’s faffing about and the performance of PEB.

Cancer patients still need cxbladder tests any PEB will still keep selling them, just adds to the buying opportunity.

MAC
10-10-2013, 10:53 AM
PEB may go down further, but I am expecting it to do great long-term! If you know about Elliott Wave then if I am correct (that's a a big IF!) then we are entering the last phase of it before the uptrend continues. I am just showing what might or might not happen based on TA skills. 40 cents is my target, and if you can buy more and are already a holder, why not?! Glad you differ with my views, guess we just have different short-term views on where it's going :)

One of the biggest risks in investing is trying to be too cute with the timing and ending up chasing the price, it's easy to miss the market moves if you are not in when they occur, let alone all that tax and brokerage paid in jumping in and out all the time. Especially so at the moment, the debt ceiling politics could end at anytime, could all be dust by tomorrow morning.

Minerbarejet
10-10-2013, 11:07 AM
The differing views are probably because I have a split portfolio. Long term holds and trading shares. PEB for me is not a share to trade because of its potential to pay dividends along with a capital gain that can release other funds.
One day, Roger Fitch, one day.:)

On second thoughts that might be a bit far back for you.

False Profit
10-10-2013, 02:13 PM
...anyone buying at 49c or are we afraid of the falling knife now...

RTM
10-10-2013, 02:15 PM
...I am part of the 42c group.

MAC
10-10-2013, 02:18 PM
Has anyone any progress on how the European CE regulatory process is coming along ?

“In preparation for the launch of Cxbladder in Spain through our commercial partner Oryzon, applications for CE Mark registration and compliance are currently underway”

http://www.pacificedgedx.com/about-us/quality-assurance/

Dej
10-10-2013, 02:25 PM
...I am part of the 42c group.

Me two, and the 40 group :t_up:

biker
10-10-2013, 02:37 PM
...anyone buying at 49c or are we afraid of the falling knife now...

Yes, I'm buying at 49c

Dej
10-10-2013, 03:02 PM
Oh dear, look what I have done... :eek2:

I think we all are looking to buy moosie, we just dont disclose it ;)

RTM
10-10-2013, 03:09 PM
Nah....we just follow you Moosie !

Minerbarejet
10-10-2013, 04:53 PM
Are we going to have six weeks of this until the report comes out ? The strain, the anguish, the nailbiting fear of not getting in at the very bottom, the opportunity to go NA NA NANA NA lost, and worse, missing out altogether.
Advert: Buy PEB:)

RTM
10-10-2013, 05:06 PM
Nah...there's probably a diversion over on NZO thread where Balance will soon keep us entertained. And perhaps Moosie as well.

janner
10-10-2013, 05:15 PM
Nah....we just follow you Moosie !

As you take a snakk and coffee along the way :-)0

janner
10-10-2013, 05:16 PM
Advert: Buy PEB:)

Could be accused of RAMPING if it goes down Miner :-))

bonne vie
10-10-2013, 08:37 PM
Guess this makes a nominal change to the share value - my estimate now $0.490583c.

REL: 1725 HRS Pacific Edge Limited

GENERAL: PEB: Pacific Edge Limited - Correction of Share Register

MARKET ANNOUNCEMENT

Pacific Edge Limited ("the Company") - Correction of Share Register

The Company advises that it has requested both NZX and the Companies Office
to correct an error in the number of shares recorded as having been issued by
the Company. This discrepancy has arisen as a result of a prior share issue
where certain subscribers elected immediately prior to issue not to subscribe
for shares but the documents filed at NZX and the Companies Office were not
updated to take account of that withdrawal. The share register of the
Company however did accurately record the position in relation to that issue
of shares.

NZX have advised that they will update their records with effect from close
of business this evening and the Companies Office have confirmed that they
will attend to the procedures required by the Companies Act to update the
Companies Office records.

As a result of the rectification the number of shares recorded as being on
issue at NZX and the Companies Office will decrease by 333,336 ordinary
shares to 280,111,693 ordinary shares.

Christopher Swann
Chairman

10 October 2013
End CA:00242232 For:PEB Type:GENERAL Time:2013-10-10 17:25:

Minerbarejet
10-10-2013, 08:53 PM
Well thats a relief - cant find any more discrepancies I suppose. :)

Dentie
11-10-2013, 06:49 AM
Guess this makes a nominal change to the share value - my estimate now $0.490583c.

REL: 1725 HRS Pacific Edge Limited

GENERAL: PEB: Pacific Edge Limited - Correction of Share Register



MARKET ANNOUNCEMENT

Pacific Edge Limited ("the Company") - Correction of Share Register

The Company advises that it has requested both NZX and the Companies Office
to correct an error in the number of shares recorded as having been issued by
the Company. This discrepancy has arisen as a result of a prior share issue
where certain subscribers elected immediately prior to issue not to subscribe
for shares but the documents filed at NZX and the Companies Office were not
updated to take account of that withdrawal. The share register of the
Company however did accurately record the position in relation to that issue
of shares.

NZX have advised that they will update their records with effect from close
of business this evening and the Companies Office have confirmed that they
will attend to the procedures required by the Companies Act to update the
Companies Office records.

As a result of the rectification the number of shares recorded as being on
issue at NZX and the Companies Office will decrease by 333,336 ordinary
shares to 280,111,693 ordinary shares.

Christopher Swann
Chairman

10 October 2013
End CA:00242232 For:PEB Type:GENERAL Time:2013-10-10 17:25:

Can someone tell me whether this should be viewed as eg "an oversight", "a minor blip that happens sometimes", "nothing to worry about" etc etc ....or at the other end of the scale eg "unsatisfactory", "incompetence" etc etc.

To me, although it appears to be sloppy bookkeeping...333k+ shares out of $280m+ are nothing (.1%). But if this shifts the price as Moosie suggests, what should I be reading into the market? And, in the same vein, what will the market do to the SP if PEB happen to beat their sales target by say 5%??

Dentie
11-10-2013, 07:10 AM
It no biggie, don't read anything into it at all. Just balancing the shareholdings, If you want a bright side, they found it themselves. I'm still in the market so a wee top up is in order.


I guess that is what I was getting at as well Hancocks

Minerbarejet
11-10-2013, 07:57 AM
Sounds more like incompetence at Nzx and companies office discovered by Peb and advised accordingly. As far as PEB is concerned the shares on issue has not changed if you read the advice carefully therefore the price should not change.

Dentie, do you know what the sales target is exactly?

As far as I know there is a long range forecast of 100 million US in five years and all they have said this year is that they have A target but have not revealed what it is.
Have the feeling we are about to get one though.:)

Dentie
11-10-2013, 08:04 AM
Thanks M & M.

Moosie - you have been warned before how your sage words of advice cause the market to slew one way or the other!!:eek2:

(Still a bulge in me cheek as I wrote that!!)

Minerbarejet
11-10-2013, 08:15 AM
Thanks M & M.

Moosie - you have been warned before how your sage words of advice cause the market to slew one way or the other!!:eek2:

(Still a bulge in me cheek as I wrote that!!)
Dentie, see post 2563

winner69
11-10-2013, 09:24 AM
Methinks PEB need another one of their famous "nothing new" announcements to give the shareprice a boost again

Worked in the past

MAC
11-10-2013, 09:24 AM
Are we going to have six weeks of this until the report comes out ? The strain, the anguish, the nailbiting fear of not getting in at the very bottom, the opportunity to go NA NA NANA NA lost, and worse, missing out altogether.
Advert: Buy PEB:)

Occasionally Miner we must let the kids have a party, try going to the garage for a tinker or something. Tomorrow morning when they’re all hung over and learning, you’ll be able to sit back and relax with a nice coffee, recommend that with A2 milk, and watch them chase PEB up the stairwell, all the way to level $5.00

Minerbarejet
11-10-2013, 09:37 AM
Why stop at level 5, Mac?

MAC
11-10-2013, 09:44 AM
Why stop at level 5, Mac?

I've just not resolved my models and FA beyond FY16, one leap at a time.

Dentie
11-10-2013, 09:48 AM
Sounds more like incompetence at Nzx and companies office discovered by Peb and advised accordingly. As far as PEB is concerned the shares on issue has not changed if you read the advice carefully therefore the price should not change.

Dentie, do you know what the sales target is exactly?

As far as I know there is a long range forecast of 100 million US in five years and all they have said this year is that they have A target but have not revealed what it is.
Have the feeling we are about to get one though.:)

Nope Miner - just making a general type comment to put things into a bit of perspective. Gee, better watch that in the future though, didn't appreciate how much others may be deliberating (analysing) on every post made. Like you, I believe the only figure we have is $100m in 5 years. However, I try to work it out based on "rough estimates" of reasonable growth, % of market and interim announcements etc - retrospective from the $100m of course.

skid
11-10-2013, 10:15 AM
Mr market is looking much better shape today with news from US

Minerbarejet
11-10-2013, 10:17 AM
Where has our falling knife gone?
Maybe .50 is the cutoff point:)

False Profit
11-10-2013, 11:22 AM
Now here's a pretty conundrum...what to do? Buy PEB or DIL or both :scared:. Both at good prices. Both undervalued - IMHO. Both the potential to go a little lower.

psychic
11-10-2013, 11:43 AM
Big lots being off loaded at 50 cents last two days and now an ask of "u 1" at 50. Does this indicate a seller has lots more avail at 50? Can we determine who it is?

MAC
11-10-2013, 11:44 AM
I see the sole seller of the last few days has just gone undisclosed at 50c, seems pretty desperate to cash up when there is little else all the way up to 58c, poor fellow must getting totally worked over by those divorce lawyers.

Could have $1M in the stack, who's knows, should be enough to go around, make hey while the sun shines I say.

psychic
11-10-2013, 11:56 AM
Hardly a major new resistance level. It is one seller getting out. It certainly has found plenty of support at this though.

MAC
11-10-2013, 12:01 PM
It means 50 cents is capped and someone realises it is now a major resistance level and is trying to get out before it falls further...

Ha, who knows why an individual would sell a quality well managed stock like PEB with years of growth ahead especially at a time when it's so undervalued and presents as one of the best entry points in the market.

But good luck with that shopping list, there's always room for optimism.

False Profit
11-10-2013, 12:11 PM
Why not DILly dally for awhile with us FP? ;)

No time to DILly dally, Moosie. I'm too busy thinking what to buy. It'll PEBably be DIL.

Xerof
11-10-2013, 02:40 PM
I see the sole seller of the last few days has just gone undisclosed at 50c, seems pretty desperate to cash up when there is little else all the way up to 58c, poor fellow must getting totally worked over by those divorce lawyers.

Could have $1M in the stack, who's knows, should be enough to go around, make hey while the sun shines I say.

the divorcee just got taken out. You weren't far off the mark at $1m MAC....

let's see if there's more to come

Bobcat.
11-10-2013, 02:54 PM
The seller had 2m to sell, the remainder of which (1,794,235) have just gone through at 49c. A good springboard for the sp now that its overhang has been lifted. I for one am pleased I picked up a few more at 50c.

A few nervous small players in there to sell at 53-57. Bigger sellers not obvious until 58. Looking good.

BC

Minerbarejet
11-10-2013, 04:18 PM
Someones calculator is broken. 1,000,000 too many shares in final total in latest announcement from PEB.
REL: 1540 HRS Pacific Edge Limited

ALLOT: PEB: Notice of Change in Issued Capital Stock

NOTICE OF CHANGE IN ISSUED CAPITAL STOCK - ORDINARY SHARES

Pursuant to Listing Rule 7.3.5

Company: Pacific Edge Limited ISIN NZPEBE0002S1

Date: 11 October 2013

Date of Issue: 11 October 2013

Issued Capital Prior To Issue Previous Issued Capital - Listed: 280,111,693

Shares Issued Fully Paid: 78,091

Issued Capital Subsequent To Issue Total Issued Capital: 281,189,784

Class of Security Issued: Ordinary Shares

Issue Price: $0.46 per share, being $35,921

Percentage Issued: 0.00028%

psychic
14-10-2013, 11:32 AM
The seller had 2m to sell, the remainder of which (1,794,235) have just gone through at 49c. A good springboard for the sp now that its overhang has been lifted. I for one am pleased I picked up a few more at 50c.

A few nervous small players in there to sell at 53-57. Bigger sellers not obvious until 58. Looking good.

BC

Yup, recovering ground today :)

Minerbarejet
14-10-2013, 11:46 AM
Yup, recovering ground today :)
Buyer support above .50 coming in as well.

blobbles
14-10-2013, 03:22 PM
Big study out in Europe about cancer:

http://www.bbc.co.uk/news/health-24493862

From a purely ethical point of view, the Cx range of products can hopefully lessen this burden both on more accurate/earlier prevention and lower costs. From a capitalist point of view, the Cx range will hopefully go hell for leather sales wise!

whatsup
15-10-2013, 01:12 PM
Someone is intent on pulling PEB back to .50 each time that it raises its S P up to .53 + I wonder who it could be ?

Dentie
15-10-2013, 01:29 PM
Someone is intent on pulling PEB back to .50 each time that it raises its S P up to .53 + I wonder who it could be ?

...God, I hope he/she is not also holding SNK...

Sorry Moosie - couldn't resist!

MAC
15-10-2013, 01:29 PM
Better hope that report in November is goooooood if you're holding right now! Traders be trading ;)

On that basis traders would be anticipating a very large drop in sales indeed.

It's more about Tindall I think, but as we know traders will follow straight lines to make a humble living. All the better for those looking to top up in a well managed stock at the cusp of years of prospective growth ahead.

nextbigthing
15-10-2013, 03:54 PM
After a reasonable amount of research I'm finally in. Modest holding as I'm expecting poor sales in the next announcement but for things to slowly crank after that. Even if it does tank after the next announcement I'm happy to have paid 50c a share as long term I believe its a bargain and happy to be in just in case I'm wrong and the next announcement is positive.

NBT

Meister
15-10-2013, 04:23 PM
What constitutes "poor sales"? I am not sure what we should realistically be expecting after less than 6 months. I think less than 50 sales would be a real cause for concern given they have had over 2000 tests done as part of their user-programs, and some of those relationships should have translated into sales. But what about 100 sales? 200? I am not really sure what will be a good or bad result come the report :S

blobbles
15-10-2013, 04:24 PM
Someone is intent on pulling PEB back to .50 each time that it raises its S P up to .53 + I wonder who it could be ?


You must wonder about their motivations more... someone keeping the price down in preparation for a takeover offer? Purely speculation but I wouldn't put it past a big international biotech who wanted to take over a very innovative and game changing biotech company... again purely speculation but one must wonder!

Dej
15-10-2013, 04:30 PM
What constitutes "poor sales"? I am not sure what we should realistically be expecting after 6 months. I think less than 50 sales would be a real cause for concern given they had over 2000 tests done as part of their user-program, and some of those relationships should have translated into sales. But what about 100 sales? 200? I am not really sure what will be a good or bad result come the report :S

You would want them to be 'on target' as Darling always says.

blobbles
15-10-2013, 04:32 PM
What constitutes "poor sales"? I am not sure what we should realistically be expecting after 6 months. I think less than 50 sales would be a real cause for concern given they had over 2000 tests done as part of their user-program, and some of those relationships should have translated into sales. But what about 100 sales? 200? I am not really sure what will be a good or bad result come the report :S

I feel the next report will set the benchmark for sales - i.e. the annualised version (i.e. sales amount x2 because it was only 6 months) will be the basis for them to be able to say "we have doubled/tripled/quadrupled sales" for the next year. I can't imagine it being amazing, my gut feeling though is around 3-5k sales in the US will be a pretty good result. More interesting for me though will be the NZ uptake - this will/should indicate the uptake overseas. NZ is often the test market for many things and we have doctors that are just as good as those in the US and work in the same western medicine paradigm. The two places have completely different regulatory and funding models, which may make a difference, but in the end I think they will probably end up doing a similar amount of testing. So my feeling is that if there is a good uptake in NZ/AUS, it will eventually flow through to a good uptake in the US. If they report that the DHBs here are signing up to support the product, that will be a massive indicator for the future for LUGs signing up in the US. So far, it sounds like the DHBs here are very supportive which I take as a very good sign.

nextbigthing
15-10-2013, 04:45 PM
I hope you're right Bobbles. 3-4k of U.S. sales would be an amazing result IMHO and I'm not expecting this. I'm more interested in US sales than the NZ sales due to the relative sizes of the market.

Minerbarejet
15-10-2013, 05:30 PM
For those that are uncertain about where things are going here is a link that if you haven't read it in its entirety then perhaps I might be permitted to suggest that you should.
http://www.pacificedgedx.com/news-and-media/news/
It should give you an indication of where we should rightfully expect to be at this point.
Pay particular attention to the words used in relation to Pacific Edge's target for 2013. Right - it doesn't give you a concrete one. So they cant miss it can they.
Much remains to be done but I feel they will prosper. Early Days.

Intel
15-10-2013, 06:05 PM
Wish i could be a fly on the wall in these upcoming meetings, PEB to exhibit CX Bladder.

http://www.pacificedgedx.com/news-and-media/calendar-of-events/

Minerbarejet
15-10-2013, 08:07 PM
You must wonder about their motivations more... someone keeping the price down in preparation for a takeover offer? Purely speculation but I wouldn't put it past a big international biotech who wanted to take over a very innovative and game changing biotech company... again purely speculation but one must wonder!
Well you certainly have me scratching my head with that one.
The price only goes to .50 because somebody is prepared to sell to that point.
If somebody wanted to take over wouldnt they be buying as many as they could?
Then we start getting into disclosure so all will be revealed if accumulations are getting over probably 5%
We have been over all this earlier in the thread and the consensus was that we should all band together and not sell. (If asked)

blobbles
15-10-2013, 10:04 PM
Well you certainly have me scratching my head with that one.
The price only goes to .50 because somebody is prepared to sell to that point.
If somebody wanted to take over wouldnt they be buying as many as they could?
Then we start getting into disclosure so all will be revealed if accumulations are getting over probably 5%
We have been over all this earlier in the thread and the consensus was that we should all band together and not sell. (If asked)


By keeping a price down, you affect the potential sale price. If you can say "we are offering 100% premium compared to the 3 month average", you have a much better chance of people accepting the price you want to pay. So if someone came to market now, or in a month or so, saying they will offer $1 per share, they may well be able to successfully take over the company even if us small shareholders banded together against it.

Unfortunately these things are difficult to detect and with NZ's basically useless and ball-less FMA, I suspect a company could easily do it here completely undetected. As it is most likely possible here, it is most probable that this tactic either already has been used and/or will be used again in the future. Although it is difficult to keep a takeover announcement under wraps, as happened with the Fisher & Paykel takeover when the share price magically rose by about 25% the few weeks before the official offer. Did the FMA do anything about that? If you can call looking the other way and whistling dixie "doing something", then yes.

Minerbarejet
15-10-2013, 11:48 PM
Still would have to own shares in order to sell them unless something has changed.

MAC
16-10-2013, 08:42 AM
Judging by the recent trading activity some it would seem are expecting a big drop in sales.

I’m quite comfortable with my PEB holding, we’ve good management with clear and open commercialisation and marketing plans, and a superior best of breed product.

But we must be realistic and keep expectations within the perspective of the commercialisation plan. The sales period ended on 30th September providing the first 3 months of US sales. During this time the recruitment of sales staff and training was commenced. I would be impressed indeed if PEB made as much as 200 sales in this ‘bedding’ stage, that would be a fantastic result and achievement.

At results time I’m more interested in some feedback on negotiation progress with the insurers and health organisations, and also a feel for forward uptake from medicare funded tests. This will set the scene for growth expectations for the FY14 result and beyond.

Personally I can’t see a drop in sales occurring with all the good work and achievements that PEB have made since the FY13 result back in May when the SP was 63c.

CJ
16-10-2013, 09:12 AM
At results time I’m more interested in some feedback on negotiation progress with the insurers and health organisations, and also a feel for forward uptake from medicare funded tests. This will set the scene for growth expectations for the FY14 result and beyond.What they have sold so far is irrelevant, it is how many they have signed up for the next 12 months that is important. Signing a big contract on 30 Sept would provide no sales but lots of future revenue - a big contract could easily take 3 months to negotiate and conclude, especially if a trial is involved.

Minerbarejet
16-10-2013, 09:25 AM
Also a lot of contract negotiations with health organisations and insurers are projected to last until Aug 2014 according to the commercialisation plan. However my feeling is that one LUG signed up will be the catalyst for an immediate uptick to a more valued plateau.

bonne vie
16-10-2013, 10:27 AM
YESSSSSSSS


Pacific Edge Agreement With National Provider Network FedMed Gives 40 Million Americans Access to Cxbladder
Dunedin, New Zealand and Hershey, PA
Pacific Edge (NZX:PEB), a cancer diagnostic company leading in the development and commercialisation of molecular diagnostic tests, has signed an agreement with FedMed, a national preferred provider network in the United States, to make Cxbladder available to an additional 40 million Americans.
The agreement with FedMed Inc has been finalised with Pacific Edge’s subsidiary in the USA, Pacific Edge Diagnostics USA (PEDUSA).
The agreement provides FedMed’s contracted insurance carriers, third party administrators, health and welfare funds, and self-insured health plans with access to Cxbladder. More than 40 million Americans have access to FedMed’s National Provider Network of over 550,000 physicians, 4,000 hospitals and 60,000 ancillary care providers nationwide.
Pacific Edge Chief Executive Officer, David Darling, says the agreement is further recognition for Cxbladder and its ability to enable clinicians to detect urothelial carcinomas, including cancers of the bladder, from a small urine sample. Combined with the simple to use Urine Sampling System, the Cxbladder technology makes detection of bladder cancer a more effective proposition for both clinicians and patients alike.
The Chief Executive Officer of PEDUSA Jackie Walker says: “We are enthusiastic about the continued market acceptance of our Cxbladder test for bladder cancer detection.The Cxbladder proposition as a quick, cost effective, non-invasive and highly accurate cancer detection test is particularly appealing to US healthcare professionals, patients, and insurers who can see its positive benefits”.
“This is a big step forward for Cxbladder and further supports our direct marketing efforts to clinicians and cancer patients.” Negotiations are underway with other provider networks and insurers as well as integrated health systems, Medicare and Medicaid.
“Gaining traction in the world’s largest health market is generally acknowledged as a lengthy process for new products and therapies. However, the signing of the FedMed partnership, coming so soon after our CLIA certification, is a sign of significant and rapid progress by Pacific Edge in this market.”
Additionally, Pacific Edge has seen significant commercialisation progress over the last 12 months in New Zealand with the successful completion of clinical validation studies and the signing of its first client District Health Boards.
The commercialisation program for Cxbladder has hit all its milestones on time and within budget in the lead-up to the official launch in the US in July 2013. It has gained recognition from clinicians globally from the publication of the peer reviewed multi-centre international study in the Journal of Urology in September 2012.
PEDUSA’s custom built, commercial laboratory was completed in September 2012 to process Cxbladder samples, was certified earlier this year by CLIA to enable the laboratory to offer Cxbladder as a Laboratory Developed Test (LDT) to clinicians and physicians.
“The building blocks are in place, sales people are active in the market and Pacific Edge remains confident of reaching its target of revenues of $100 million from Cxbladder sales in the USA within five trading years,” David Darling says.
There are approximately 10,500 urologists in the US with an expected annual seven million cases of patients with blood in their urine (hematuria) which will result in approximately one million of those patients receiving urological evaluation to determine if they have bladder cancer. Currently more than $1 billion a year is being spent in the US investigating this hematuria.
For more information contact:
David Darling
Chief Executive Officer
Pacific Edge Ltd
P: +64 (3) 479 5800

bonne vie
16-10-2013, 10:32 AM
Not sure what is happening at Direct Broking but they are now showing a match price off 53c up 3 for day since announcement. Yes go

MAC
16-10-2013, 10:34 AM
Also a lot of contract negotiations with health organisations and insurers are projected to last until Aug 2014 according to the commercialisation plan. However my feeling is that one LUG signed up will be the catalyst for an immediate uptick to a more valued plateau.

Here we go Miner, that announcement should do the trick.

AndyLP
16-10-2013, 10:36 AM
Goodbye 50c, we probably won't see you again.

JohnnyTheHorse
16-10-2013, 10:37 AM
I think PEB may become the flavour of the month ;)

Nigel
16-10-2013, 10:42 AM
I think PEB may become the flavour of the month ;)

That's the sort of news a lot of people were waiting for to reignite the shareprice. 60c looming this afternoon.

blakecb
16-10-2013, 10:43 AM
I'm in for the ride :)

Me too, got straight in at the announcement. I reckon this stock is about to go to the moon.

Nigel
16-10-2013, 10:47 AM
The big seller at 59c could subdue thigns a bit :)

JohnnyTheHorse
16-10-2013, 10:48 AM
A bit of back filling to do right now though. Should test 60 cents this week. Welcome back to all the traders that flooded out!

I think we'll blast right through it. This is HUGE news.

robbo24
16-10-2013, 10:49 AM
PEB is a large chunk of my portfolio, glad to see this.

blakecb
16-10-2013, 10:49 AM
The big seller at 59c could subdue thigns a bit :)

Nah I reckon it will break through that in short order today. Once it does, it will be flying.

blakecb
16-10-2013, 10:55 AM
WOW it is flying!!!! Congratulations to all holders!

robbo24
16-10-2013, 10:55 AM
Scheissen, nearly blue sky already!!! :eek2:

No sellers left.

lastmoa
16-10-2013, 10:56 AM
Great USA specific news all patient holders.
I topped up just on news release so a nice sunny day today.

robbo24
16-10-2013, 10:58 AM
150 cents per share, would love to see that taken out. Probably a bargain.

CJ
16-10-2013, 10:59 AM
All I can say is "Thanks Darling"

hilskin
16-10-2013, 11:03 AM
I thought you were not buying until the sales report came out next month Moosie:mellow: I forgive you, welcome to the ride a head. Hope it works out great for everyone.:t_up:

blakecb
16-10-2013, 11:04 AM
What now for the buyers....70cps anyone?

zs_cecil
16-10-2013, 11:05 AM
Took my XRO profits and now they're going for a REAL RUN!

What an exciting week for PEB and XRO. very very exciting....

bonne vie
16-10-2013, 11:05 AM
What a joy after all the Diligent blues. Glad I have been on line to change my sell order several times this morning. Probably withdraw it totally soon - Put it up for auction on this site. HA HA . have got hit badly by Diligent and decided to lower level of PEB bought.

robbo24
16-10-2013, 11:07 AM
I want to see PEB push past 79 cents then I will be a true believer

JohnnyTheHorse
16-10-2013, 11:10 AM
Congrats to all long-term holders, you deserve many more kudos than us traders :)

Indeed. Both Sparky and Hancocks comes to mind - big congrats to you two guys. I'm still holding strong too!

Nigel
16-10-2013, 11:10 AM
Not a bad day then :) Congratulations to all the long-term holders. Who knows where this will end up!

CJ
16-10-2013, 11:17 AM
Remember, we have significant resistance at 75 and 79 cents (all time high). Beyond that, who knows where we stop.The story has changed since that previous high - they are now in the market and have their first significant contract.

JohnnyTheHorse
16-10-2013, 11:20 AM
From a technical perspective it's a screaming buy in my books, has broken the long term resistance and 200DMA. From a fundamental perspective, the buy signal is even bigger.

Minerbarejet
16-10-2013, 11:21 AM
Here we go Miner, that announcement should do the trick.No sooner said than done . Gratz to Hancocks who has been our chief adviser and mentor throughout. Really encouraging with more to come obviously.
Cheers to all holders and well done

clip
16-10-2013, 11:24 AM
Are you guys planning to buy and hold for a while, and if so for how long/do you expect to see continued growth over next few years? got in at 60c, just wondering if i should be thinking about selling later today/this week, or be holding for a longer period of time?

Nigel
16-10-2013, 11:24 AM
Now 68c. And that's quickly eroding. Must. Get. Back. To. Work.

Xerof
16-10-2013, 11:31 AM
Are you guys planning to buy and hold for a while, and if so for how long/do you expect to see continued growth over next few years? got in at 60c, just wondering if i should be thinking about selling later today/this week, or be holding for a longer period of time?

IMOO, today marks the start of the beginning. That agreement has cemented PEB product credibility in my eyes. I was lucky enough to get the second to last parcel at 50 cents yesterday, to add to my original holding. Not many, but then I only joined this club a couple of months ago.

that parcel was to trade the 50 to 59 range, but in light of todays ann, it's going in the hold bucket

JohnnyTheHorse
16-10-2013, 11:35 AM
IMOO, today marks the start of the beginning. That agreement has cemented PEB product credibility in my eyes. I was lucky enough to get the second to last parcel at 50 cents yesterday, to add to my original holding. Not many, but then I only joined this club a couple of months ago.t

Exactly. This is going to start flying now I suspect. My favourite part of the announcement:



"This is a big step forward for Cxbladder and further supports our direct


marketing efforts to clinicians and cancer patients." Negotiations are


underway with other provider networks and insurers as well as integrated


health systems, Medicare and Medicaid.





"Gaining traction in the world's largest health market is generally


acknowledged as a lengthy process for new products and therapies. However,


the signing of the FedMed partnership, coming so soon after our CLIA


certification, is a sign of significant and rapid progress by Pacific Edge in


this market."

Joshuatree
16-10-2013, 11:35 AM
A GREAT start to the day yeehaa ,and the future.

Clip suggest you start reading PEB threads from page 1. Its a short gripping potboiler only 177 pages long ( unfinished:).

False Profit
16-10-2013, 11:36 AM
Some really good news for us holders. Like so many of you I'm in the Dil Pickle too so what a rush it was to get the update through my mobile this morning.

Let's see how long it takes to get to 70c.

clip
16-10-2013, 11:46 AM
thanks for replies :) joshua - read around the last 20 pages last night, ran out of time to go from bottom to top - my endeavour for tonight along with additional research!

turmeric - agreed, I have a lot of research to be doing and also need to evaluate my goals - whether trading or holding. I'm VERY new to investment and understand I have a LOT of reading/learning/research to do - not on this company but on all aspects of investing in shares :) glad i got in shortly after the announcement though, now I just need to decide what i'm going to do with them :D

benjitara
16-10-2013, 11:47 AM
I think this goes a long way to cementing PEB as a stock of some worth for a long period of time. It's a huge step forward in getting sales on the board and with the nature of FEDMED it ensures a large base of clients that direct interests lie in seeing cxbladder a success. Insurance being the big player in this I think. Over 10% of the American pop covered by this one agreement. huge steps. Quite frankly sales numbers in the next quarter don't worry me at all now. If they don't have the sales on board it's fine by me. Pleased to hold and buy more when I can afford to.

garfy
16-10-2013, 11:51 AM
What fun!! A really efficient company, excellent research, all thought out marketing - deservedly starting to make traction in USA. Most impressive, and a model for any company looking to expand O/S, esp. USA.
I have been adding quietly for 18 months - and that SP rising is just fine. Thanks to Blobbles, Hancocks, JohnnyTH, Sparky, et al, for adding to my resolve to make this my major investment.
The SP rises, got the crossword puzzle out, how can I lose the golf this afternoon...? Cheers, g.

JohnnyTheHorse
16-10-2013, 12:01 PM
On the fly, but here's some quick maths. US population of around 350 million. FedMed covers 40 million. That's just over around 11.5% of the US population. Assume that 1.8 million tests are required per year in the USA (as per PEB guidance). That means PEB has the potential to be processing over 200,000 tests a year through this agreement alone. Folks, we are going to need a bigger lab.

Assuming my numbers are correct (please check them), this announcement is MUCH bigger than most people first realise.

AndyLP
16-10-2013, 12:05 PM
Thanks to many on this forum but specifically Hancocks, Sparky and MAC. Always read your feedback thoroughly and have passed on your wisdom to many friends, who are in turn thanking me today. Cheers, Andy

karen1
16-10-2013, 12:07 PM
What a difference 18 c makes to the tenor of this thread!!!

Tremendous news from the team at PEB, but then I have come to expect nothing less, with David Darling steering. Bought first tranche exactly a year ago, at 42 c, and have added since. Have never doubted, all one needs to do is read any and everything on PEB. This business has only one way of doing things, the right way. No stone is left uncovered, not even a pebble.

blakecb
16-10-2013, 12:16 PM
Ozzie market now open, expect more volume now as they digest the news. Should be even more buying tomorrow before we start testing new highs. Who knows, might even get some Amerikan backers now ;)

Yeah and I have decided to go for some CDY as well, as they look on the verge of a breakout also.

gypsy
16-10-2013, 12:18 PM
I also read Hancocks, Sparky when they post. Got in about 2 years ago at 23 cents, thanks to everyone in the forum.

bonne vie
16-10-2013, 12:19 PM
Just watched the 3 News lunch time business news and in the movements not even a mention of PEB, yet mentions likes EBOS down 1c.

gypsy
16-10-2013, 12:22 PM
Wait till the 6.00pm news.

blakecb
16-10-2013, 12:24 PM
Wait till the 6.00pm news.

Yeah except I saw a major breakout of a company earlier this year, can't remember which, maybe A2....and it didn't even get a mention on the news, they mentioned some other major company that was down 1c on no news type thing.....so the TV news is a strange beast.

But I would love for it to get mentioned tonight!

blakecb
16-10-2013, 12:35 PM
68cps blown away...next stop?

Toasty
16-10-2013, 12:39 PM
New shareholder. In today at 63 cents. Kicking myself for not getting in at 50 cents but not too unhappy as no real news back then. I have been watching this thread for ages so thanks to the contributors that supplied all the info. Mainly Hancocks and Sparky but I know there are others. Hopefully onwards and upwards from here.

Some of this is XRO proceeds so hopefully a good place to stash it.

psychic
16-10-2013, 12:42 PM
I'm still buying at this, 70 cents will seem very cheap tomorrow I think.

Minerbarejet
16-10-2013, 12:43 PM
Well that has woken this thread up! :t_up::t_up::t_up:

psychic
16-10-2013, 12:44 PM
Thank you Hancocks for all your research and for sharing the love eh!

Schrodinger
16-10-2013, 12:44 PM
Good news. These are the types of announcements we need.

Grats to all the holders.

Bobcat.
16-10-2013, 12:46 PM
I'm sitting on my hands - tempting to take profit (34% in less than a month, praise-G) but no.

I'll give it until Friday arvo before looking again at taking profit on this fiesty pup. Then it may be time to surf it through next week and beyond.

A good forum this one, thnx to those of you who have put time into the research.

Onward and upward...

BC

stoploss
16-10-2013, 12:49 PM
Yeah except I saw a major breakout of a company earlier this year, can't remember which, maybe A2....and it didn't even get a mention on the news, they mentioned some other major company that was down 1c on no news type thing.....so the TV news is a strange beast.

But I would love for it to get mentioned tonight!

they basically only report on stocks in the NZX 50. ( pathetic) so a lot of good news stories never get brought to the attention of the masses ......

zs_cecil
16-10-2013, 01:07 PM
they basically only report on stocks in the NZX 50. ( pathetic) so a lot of good news stories never get brought to the attention of the masses ......

I listen to NEWS TALK ZB business everyday on my way home from work. It covers much more business related stuff in detail than TV3.

randoman
16-10-2013, 01:07 PM
Oh hindsight...how beautiful are thee?

Accumulated over a year at a stupid average price of 65c. Waited. Waited some more. Watched the slow drift in the doldrums of 50-60c. Sold the lot at 48c when 50c broke. Looked at the price yesterday and thought 'nah, it'll go to 48 again.'

Grats to those that held out. I'll be joining back in now!

Toulouse - Luzern
16-10-2013, 01:07 PM
Excellent.

whatsup
16-10-2013, 01:29 PM
Looks like .70 tops for now as there will be a afternoon shakeout from novice D Ters !

Frankenstein
16-10-2013, 01:30 PM
Argh been in a meeting all morning so missed all the action!!! Gets the heart racing to seem my small holding back in the black though...

Wondering when the best time will be to top up. Anyone picking some profit taking on Friday arvo or is now as good of a time as ever? Hmm

nextbigthing
16-10-2013, 01:34 PM
The biggest recent risk to PEB has always been whether or not it could get sales going. It has massively de-risked IMHO as this will start the ball rolling. Even 70 cents is going to look very cheap in the future. People selling out now will be kicking themselves. PEB is the nextbigthing! DYOR.

Very happy NBT.

blobbles
16-10-2013, 01:38 PM
Waking up in China now to a big rise in my biggest shareholding, not a bad way to start the day!

I would like to temper everyone's enthusiasm a little though - while the announcement is awesome, it only provides half a million physicians with ACCESS to CxBladder, that doesn't mean they will be recommending the use of it for their clients. I aren't sure what the plan is for Pacific Edge in terms of them getting the physicians to use the product, I imagine a huge advertisement in FedMeds next communicae to their network? Just looking up FedMed now, to me its not entirely clear how involved they are in their network, but it appears that they are there to reduce costs faced by their network by using their size to negotiate favourable fees. From wikipedia:

"Provider networks can be used to reduce costs by negotiating favorable fees from providers, selecting cost effective providers, and creating financial incentives for providers to practice more efficiently"

So what I am wondering about is the sales pathway for CxBladder. I don't see on their site a whole stack of suppliers who prefer FedMed, or the like. There are quite a few news stories about other American based companies experiencing a huge jump in share price once they sign with FedMed though so maybe the list is so long they just don't bother?

http://www.rttnews.com/2076177/atossa-genetics-inc-atos-is-surging-on-fedmed-agreement.aspx
Rosetta Genomics


Anyway, huge announcement, I am just annoyed I couldn't get all the shares I wanted at 50c, I freed up another 10k yesterday in preparation for another buy today and it looks like I will only be able to get half the amount I wanted! As we are unlikely to see 50c again I guess I will have to just buy on the uptrend, dang. Ahhh well, I am sure 70c will be looking pretty cheap by this time next year anyway!

Slam dunk
16-10-2013, 01:44 PM
I listen to NEWS TALK ZB business everyday on my way home from work. It covers much more business related stuff in detail than TV3.

What time is the NEWS TALK ZB business news?

whatsup
16-10-2013, 01:46 PM
What time is the NEWS TALK ZB business news?

6.10 after the news and sport.

JohnnyTheHorse
16-10-2013, 01:53 PM
70 may be the cap for the day as traders will probably be booking their massive profits. I anticipate that this will keep running for a few days yet. I believe we will be setting new highs tomorrow.

biker
16-10-2013, 01:59 PM
Originally Posted by False Profit
...anyone buying at 49c or are we afraid of the falling knife now...



Yes, I'm buying at 49c

Slam dunk
16-10-2013, 02:00 PM
Thanks Whatsup

CJ
16-10-2013, 02:18 PM
they basically only report on stocks in the NZX 50. ( pathetic) so a lot of good news stories never get brought to the attention of the masses ......It needs to reach about $1 to enter the index.


Trading in the 70-75 range may be tight for awhile as holders who bought on the trend look to cash up. Interesting times, glad I'm along for the ride!How does work now. I assume the only people selling now are traders so they are selling for fear of the price falling? Whereas if they all held, the price would skyrocket? (prisioners dilemma)

zs_cecil
16-10-2013, 02:22 PM
6.10 after the news and sport.

And it is up till 7pm

robbo24
16-10-2013, 02:53 PM
It happens. People worry that the price will fall again after holding losses for so long. Never know! I expect a break of 75 by weeks end though. 66-67 is looking like the buy price now as a slight fall back on traders today :)

How do you figure 75 by weeks end, Mooseman?

Dentie
16-10-2013, 02:54 PM
CDY seeing some major action across the ditch...

Yes Moosie - I thought I better free up some $$ to get into CDY... pleased that I have another long term hold in the drawer now...besides PEB of course.

BTW ...I know my old sparring partner Turmeric (well sometimes anyway!!) will be looking, so I am now expecting PEB to start chasing XRO.... Anybody willing to take bets on who makes the first $1m worth of profit out of these two??

CJ
16-10-2013, 02:58 PM
Anybody willing to take bets on who makes the first $1m worth of profit out of these two??PEB will as XRO aren't looking for profits at the moment, only market share.

tosspot
16-10-2013, 03:03 PM
IM extremely tempted to jump in but is there any chance of the US debt ceiling problem having a modest effect of the SP over the next few weeks

robbo24
16-10-2013, 03:03 PM
Long-term major resistance was at that point. Trading was up to 72 so far today. Expect a bit of pinging around in the 70 to 75 level starting tomorrow.

What are your thoughts as to SP if 70 cents is unsuccessfully broken? Do you suppose it could ping back down to 50 cents?

Dentie
16-10-2013, 03:12 PM
IM extremely tempted to jump in but is there any chance of the US debt ceiling problem having a modest effect of the SP over the next few weeks

IMHO tosspot, I think it is somewhat immaterial. The unfortunate statistics around people with cancer (period) is not likely to go away in a hurry. People will present with the symptoms (world wide) whether America default on their debt or not.

Also IMHO, I don't think America can afford to default on their debt.

Dentie
16-10-2013, 03:14 PM
Very much looking mate!
Been a good couple of days; paper gains of +14% (XRO) and +26% (PEB) respectively on new purchases post each respective announcement!
Very significant announcements - more so for PEB than XRO IMHO.
Will not be taking your bet either mate ;) PEB onto a winner here! (As per CJ's post)

Haha... care to suggest a top for the SP then Turmeric?

ddrone
16-10-2013, 03:18 PM
There isn't a whole lot holding it above 60c, anyone think we'll see a bit of tumble back in the next day or so?

Minerbarejet
16-10-2013, 03:39 PM
Bet there are a few people climbing the Stockpicking Contest Ladder ATM as well.
Seems the November Sales Report has paled in significance now this is out but I do think May will be a doozer with all this going on. Watch this stock. More to come from PEB - Urology Presentations - Clinical Trials finishing and like Hancock says this is only one signed up - stick with it - if you are so inclined. You aint seen nuthin yet!:t_up:

blakecb
16-10-2013, 03:48 PM
Bet there are a few people climbing the Stockpicking Contest Ladder ATM as well.
Seems the November Sales Report has paled in significance now this is out but I do think May will be a doozer with all this going on. Watch this stock. More to come from PEB - Urology Presentations - Clinical Trials finishing and like Hancock says this is only one signed up - stick with it - if you are so inclined. You aint seen nuthin yet!:t_up:

What I like is that when you get one on board it is so much easier to get others signed up. It can be a domino effect with these things. Anyone's guess as to where this will end up. Certainly makes me think that the $100mil in 5 years is not just pie in the sky as I originally thought.

blobbles
16-10-2013, 03:56 PM
There isn't a whole lot holding it above 60c, anyone think we'll see a bit of tumble back in the next day or so?

I damn well hope so, then I can buy a shed load more!

This is a highly significant announcement meaning they have a solid pathway to sales in the US. But it is NOT a sales promise or announcement. When significant sales announcements appear (not "if", in my opinion) anything below 60c will be in dream land and even 3 times that you might be lucky. But that could be a year or two away yet, until then this is a very hard stock to price so it is likely large price fluctuations will occur (as they have in the past few weeks). This combined with the liquidity of the stock makes it a good one for traders who will be setting the price probably more than us fundamentalists!

blobbles
16-10-2013, 04:04 PM
What I like is that when you get one on board it is so much easier to get others signed up. It can be a domino effect with these things. Anyone's guess as to where this will end up. Certainly makes me think that the $100mil in 5 years is not just pie in the sky as I originally thought.

If these figures are to be believed, this announcement gives them direct access to a potential 200k+ tests. At $500 per test that gives them a potential of $100 million USD revenue right now, if they could convert the potential to actual sales. PEB have probably intentionally set their target as an achievable one, I am sure it would give them great satisfaction if they achieved their 5 year target in 2 years.

At that point David would be the new market Darling, I am sure. Today at least he can say his middle name is "Market" - David Market Darling!

Dentie
16-10-2013, 04:09 PM
My guess is that short term (over the next week or so) we break through 75. Long term sky is the limit providing sales become a reality! No reason PEB doesn't hit $3+ over time!

good onya mate!! We are on the same wave length here then ...

Dentie
16-10-2013, 05:04 PM
For the most part ;) Any change of heart on Xero?

Check out my latest post there T

Dentie
16-10-2013, 05:05 PM
Heeeeyyy.... I wonder if PEB marketing team has also covered the millions of urinals around the globe ...check this out...

http://topnews.net.nz/content/230154-west-bromwich-albion-s-youssouf-mulumbu-raises-awareness-among-cancer

lastmoa
16-10-2013, 05:33 PM
This part os good to read too ...
Negotiations are under way with other provider networks and insurers, and integrated health systems Medicare and Medicaid, the company said.

Read more: http://www.3news.co.nz/US-deal-sparks-Pacific-Edge-share-hike/tabid/421/articleID/317464/Default.aspx#ixzz2hr8xpnrA

barney
16-10-2013, 05:47 PM
What a great day.

What I think is important in todays announcement is the tone now being used by the company. It now seems acceptance of cxbladder by US practioners is well under way.

I think there will be plenty of good news to come. In the June update they mentioned they had initiated user programs with five large urology groups so they must be getting a fair way through the process. No doubt more would have joined the program since then.

clip
16-10-2013, 06:46 PM
If they make it with medicare/medicaid that will be VERY promising

barney
16-10-2013, 06:49 PM
Even got a mention by the broker in TV3's business news tonight.

Minerbarejet
16-10-2013, 07:07 PM
OK. After a good day at the saltmines so to speak lets just analyse what has been placed in front of us.
For me one word stands out like a beacon in today's announcement. "Additional"
Immediate question- additional to what?
Additional to an announcement yet to come - plausible and possible
Additional to an announcement that has occurred already- the only one that could be construed as additional to is a reference to Medicare and Medicaid at 115 million Americans
This was not an announcement to market as far as I am aware otherwise there would surely have been a serious jump in share price.
So - how come an unannounced reference to 115 million Americans in Medicare is hohum and announced 40 million in Fedmed its all go for the rhubarb season.
If any of you boffins out there can come up with any explanation before opening tomorrow when I may place what shirts I have left on Peb it would be appreciated.
Any ideas fellow Sharetraders?

barney
16-10-2013, 08:03 PM
OK. After a good day at the saltmines so to speak lets just analyse what has been placed in front of us.
For me one word stands out like a beacon in today's announcement. "Additional"
Immediate question- additional to what?
Additional to an announcement yet to come - plausible and possible
Additional to an announcement that has occurred already- the only one that could be construed as additional to is a reference to Medicare and Medicaid at 115 million Americans
This was not an announcement to market as far as I am aware otherwise there would surely have been a serious jump in share price.
So - how come an unannounced reference to 115 million Americans in Medicare is hohum and announced 40 million in Fedmed its all go for the rhubarb season.
If any of you boffins out there can come up with any explanation before opening tomorrow when I may place what shirts I have left on Peb it would be appreciated.
Any ideas fellow Sharetraders?

I think the first mention of Medicare was made in the June update on the US. It was mentioned that PEB had only just started negotiations which could take until August 2014 to complete. Todays announcement was that they had completed an agreement with FEDMED.

nextbigthing
16-10-2013, 08:09 PM
Anybody care to predict what they think is going to happen to the SP tomorrow?

Will be interesting to see if this is a catalyst for institutions etc to start getting a little more vocal on PEB.

Disc; Happily holding

MAC
16-10-2013, 08:12 PM
From the announcement we have the statement below, noting that there was no statement of being a preferential supplier.

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

Similarly from the PEB website we have;

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

and in respect to insurers;

“Pacific Edge will bill the patient’s insurance for Cxbladder. Patient financial responsibility will be determined by the patient’s health plan coverage of Cxbladder to include appropriate co-pay, deductable, and/or co-insurance”

So what we have, as I see it, is one insurer and Medicare which will accept costs for cxbladder tests prescribed by urologists and billed by PEB directly to them.

Sales will occur when Urologists actively start to utilise cxbladder over their previous preferred diagnostic methods. However, one would expect that this would pick up in earnest now that Urologists know that patient insurance will cover the costs.

JohnnyTheHorse
16-10-2013, 08:24 PM
Anybody care to predict what they think is going to happen to the SP tomorrow?

Will be interesting to see if this is a catalyst for institutions etc to start getting a little more vocal on PEB.

Disc; Happily holding

I wouldn't be surprised to see 80 cents hit - 75 at a minimum. I suspect that there have been many who have had PEB on their radar but wanted it to de-risk first, so now they will likely look at getting in. I also believe that this is the start of PEB becoming 'fasionable' again so am expecting this is the start of a longer term up trend.

Disc: Hold a large chunk of PEB. May buy some more tomorrow morning, just for a quick trade (not part of my longer term holding).

Bobcat.
16-10-2013, 08:30 PM
Anybody care to predict what they think is going to happen to the SP tomorrow?

Will be interesting to see if this is a catalyst for institutions etc to start getting a little more vocal on PEB.

Disc; Happily holding

OK - I'll stick my neck out and predict a short spike then correction (as traders unable to sit on their hands take early profits) then a steady climb to end just short of the day's high.

Next day (Friday), a slow climb initially until profit takers step in before the weekend.

Institutional investors will I expect need a few more days to get their s**t together (next week, next month?), providing a platform of support somewhere in the high 80's / low 90's, rising over the following few weeks as publicity and international exposure improves.

Of course, I could be completely wrong about all this (as I have been MANY times before) but this is my best guess, and I'm trading to it.

Happy sailing...

BC

Minerbarejet
16-10-2013, 08:32 PM
I think the words were that "PEB is a Medicare provider" which would indicate to me that something might have been signed to validate this position. What I dont get is why does one be a provider, not announced to the marker and nothing happens and the other is a provider and announced and all hell lets loose. The only conclusion that I can come to is that 115 million Medicare and Medicaid Americans ADDITIONAL to 40 million
Fedmed Americans are hooked up to take advantage of Cx,bladder.
That is nearly 50% of the population
We await further news - tomorrow would be good.:)

MAC
16-10-2013, 08:50 PM
I think the words were that "PEB is a Medicare provider" which would indicate to me that something might have been signed to validate this position. What I dont get is why does one be a provider, not announced to the marker and nothing happens and the other is a provider and announced and all hell lets loose. The only conclusion that I can come to is that 115 million Medicare and Medicaid Americans ADDITIONAL to 40 million
Fedmed Americans are hooked up to take advantage of Cx,bladder. We await further news - tomorrow would be good.:)

I've spent the last few weeks puzzling over Medicare also, and todays comment that "negotiations are underway with integrated health systems, Medicare and ......" suggests that an agreement may not actually be signed up with Medicare as yet ?.

My feel is that for really big sales to happen both the LUG's and insurers need to be on board. LUG's to adopt the cxbladder process as a professional standard and the insurers to let patients know the costs are covered by them. But, PEB do have 5 years to get to that $100M in turnover, one step and organisation at a time.

I'm hoping that PEB will provide sales guidance going forward, it would certainly take the volatility out, and quarterly reports would be nice too. Guess what I'd like for xmas.

janner
16-10-2013, 08:50 PM
I think the words were that "PEB is a Medicare provider" which would indicate to me that something might have been signed to validate this position. What I dont get is why does one be a provider, not announced to the marker and nothing happens and the other is a provider and announced and all hell lets loose. The only conclusion that I can come to is that 115 million Medicare and Medicaid Americans ADDITIONAL to 40 million
Fedmed Americans are hooked up to take advantage of Cx,bladder.
That is nearly 50% of the population
We await further news - tomorrow would be good.:)

Stop dancing around in antiiiiciiipation Miner.. Try to hold onto your own Bladder .. :-))

Minerbarejet
16-10-2013, 09:01 PM
Stop dancing around in antiiiiciiipation Miner.. Try to hold onto your own Bladder .. :-))
Like Moosie says " dont wet your pants"
Why have you got 8 "i"s in anticipation?:)
Ha ha and how many of you actually went and counted - like me:)
Great day - more to come

Xerof
16-10-2013, 09:09 PM
noting that there was no statement of being a preferential supplier.

MAC, would saying the horses are being led to the water, now we need them to drink, sum up the current position?

MAC
16-10-2013, 09:19 PM
MAC, would saying the horses are being led to the water, now we need them to drink, sum up the current position?

Yeah I think so too, but there's no reason why they shouldn't be thirsty for the water, and it does only take one horse to start a stampede to the pond ......

Minerbarejet
16-10-2013, 09:26 PM
Yeah I think so too, but there's no reason why they shouldn't be thirsty for the water, and it does only take one horse to start a stampede to the pond ......
Well said Mac -I think the first horse is already drinking.

Everwood
16-10-2013, 10:04 PM
I'm not shareholder in PEB, but it has been on my watchlist. Congratulations on everyone's success so far.

Bobcat.
16-10-2013, 11:17 PM
I'm not shareholder in PEB, but it has been on my watchlist. Congratulations on everyone's success so far..

It's not too late to come on board, Everwood...provided your investment timeframe accommodates a medium/long term hold.

Minerbarejet
17-10-2013, 04:55 AM
.

It's not too late to come on board, Everwood...provided your investment timeframe accommodates a medium/long term hold.yes and dont forget we havent even got back to the previous high of .79 ? yet.

barney
17-10-2013, 07:01 AM
http://www.odt.co.nz/news/business/277318/major-us-client-pacific-edge

GR8DAY
17-10-2013, 07:13 AM
......THIS IS SIMPLY "HUGE" FOR PACIFIC EDGE AND IN MY OPINION NOT YET REFLECTED IN THE SHAREPRICE........REMEMBER WE WERE TRADING IN THIS RANGE (65-75c) MANY MONTHS AGO. THIS IS BIGGER THAN BIG........MASSIVE GROWTH NOW ALMOST GUARANTEED. I CAN SEE $1 BEING TOPPED QUITE SOON. HOLDER.

False Profit
17-10-2013, 07:23 AM
Originally Posted by False Profit
...anyone buying at 49c or are we afraid of the falling knife now...

haha - well that's easy to say now! I posted that comment days ago...

Hindsight is a beautiful thing...

False Profit
17-10-2013, 07:27 AM
......THIS IS SIMPLY "HUGE" FOR PACIFIC EDGE AND IN MY OPINION NOT YET REFLECTED IN THE SHAREPRICE........REMEMBER WE WERE TRADING IN THIS RANGE (65-75c) MANY MONTHS AGO. THIS IS BIGGER THAN BIG........MASSIVE GROWTH NOW ALMOST GUARANTEED. I CAN SEE $1 BEING TOPPED QUITE SOON. HOLDER.

TICKER...TAPE...TICKER...TAPE...

Hopefully we'll get a boost in the price today after the States came to their bi partisan agreement over the debt ceiling. Their markets reached new highs as a result. Confidence is up!!!

False Profit
17-10-2013, 07:28 AM
TICKER...TAPE...TICKER...TAPE...

Hopefully we'll get a boost in the price today after the States came to their bi partisan agreement over the debt ceiling. Their markets reached new highs as a result. Confidence is up!!!

Ah - sorry Turmeric...didn't see your post. Not trying to steal your thunder. great minds and all that jazz I suppose.

psychic
17-10-2013, 07:39 AM
http://www.odt.co.nz/news/business/277318/major-us-client-pacific-edge

Thanks Barney
Like this bit:

A massive share spike followed Dunedin-based cancer diagnostic company Pacific Edge announcing it is signing up a key US client, FedMed, a national health network servicing 40 million Americans.
The news caused shares to surge 44%, or 22c, to hit 72c after the announcement; and closed at 67c. Share volumes were the highest in two years, with 2.08 million changing hands, worth $1.4 million.

When contacted in Los Angeles yesterday, and updated about the 44% gain, Pacific Edge chief executive David Darling said it was ''good news'', and hoped overseas investor interest would be spurred by the gains.

''Overseas investor interest has been picking up. It's a different quantum of money over here and really could throw up all sorts of options for us,'' he said.

Craigs Investment Partners broker Peter McIntyre said the share spike percentage was possibly the largest

one-day gain on the New Zealand stock exchange; the FedMed deal being ''very significant'' for Pacific Edge.

JohnnyTheHorse
17-10-2013, 07:52 AM
''Overseas investor interest has been picking up. It's a different quantum of money over here and really could throw up all sorts of options for us,'' he said.

Hmm... David Darling aware of increased US investor interest (yet no sign of that in the previous few months) and US investors possibly throwing up all sorts of options for PEB. Reckon he's talking about people looking to takeover (which will happen in this sector), or capital raising in the future? I reckon ol' Dave would have current investors at the front of the line if more capital was needed, wouldn't need overseas investors. What do you reckon folks?

blakecb
17-10-2013, 08:01 AM
Hmm... David Darling aware of increased US investor interest (yet no sign of that in the previous few months) and US investors possibly throwing up all sorts of options for PEB. Reckon he's talking about people looking to takeover (which will happen in this sector), or capital raising in the future? I reckon ol' Dave would have current investors at the front of the line if more capital was needed, wouldn't need overseas investors. What do you reckon folks?

He might do a XRO.

Dentie
17-10-2013, 08:25 AM
I vote (& pray) for no PEB takeovers.....

... and also pray PEB can cope with the prospective demand ...

CJ
17-10-2013, 08:43 AM
He might do a XRO.i don't think they need as much cash as XRO to get profitable so could probably raise the money from existing holders and other Nzers.

nextbigthing
17-10-2013, 08:55 AM
i don't think they need as much cash as XRO to get profitable so could probably raise the money from existing holders and other Nzers.

Don't forget everyone that they have other products in the pipeline. Perhaps they are thinking of using this option to speed up other developments. This stock is still far undervalued IMHO and this is another reason why.

psychic
17-10-2013, 08:57 AM
Oh stop it NBT, I'm giddy enough already...

Balance
17-10-2013, 09:00 AM
As an aside, I was staggered when the Moose galloped away from PEB to invest in SNK.

Moosie's has missed out on this run.

Balance
17-10-2013, 09:08 AM
Nope, in at 56 cents yesterday. Jeez, keep up Balance!

Hehe heh - well done!

winner69
17-10-2013, 09:11 AM
Nope, in at 56 cents yesterday. Jeez, keep up Balance!

To get you up to speed Bal moosie quit his dog DIL and is now a day trader ....been in XRO and PEB (and others?) and has recovered 50% odd of his DIL losses

You up to speed now

psychic
17-10-2013, 09:12 AM
Interesting watching the spread changing already pre open :)

hilskin
17-10-2013, 09:31 AM
Mein Gott! Sie wird ab wie Beyonce macht jede Nacht!

My God! It is from such as Beyonce makes every night!

Balance
17-10-2013, 09:34 AM
To get you up to speed Bal moosie quit his dog DIL and is now a day trader ....been in XRO and PEB (and others?) and has recovered 50% odd of his DIL losses

You up to speed now

Thx, W69.

Can't keep up.

hilskin
17-10-2013, 09:50 AM
Haha, My God, it is going off like Beyonce does every night.

Google Translate isn't the best ;)

Whoever negative pointed me on my terrible German in my reputation points, danke :p

Didn't look right but Google Translate knows more about german than me, haha

Balance
17-10-2013, 09:56 AM
Looking like all retail buying and institutional selling?

Lots of smallish bids but chunky selling - at least 2 big sellers out there.

Dentie
17-10-2013, 10:05 AM
I think some of that buyer depth is going to be disappointed

clip
17-10-2013, 10:17 AM
I think some of that buyer depth is going to be disappointed

In that it's unlikely to slip back down to 67-68c?

Mista_Trix
17-10-2013, 10:19 AM
It looks like its still got pretty good upwards momentum

Dentie
17-10-2013, 10:23 AM
In that it's unlikely to slip back down to 67-68c?

.65c southwards

Dentie
17-10-2013, 10:35 AM
.65c southwards

It looks like they know .... depth has been adjusted upwards

QOH
17-10-2013, 10:43 AM
It's a pleasure to watch.

clip
17-10-2013, 10:46 AM
^ it is indeed, i'm up 22% :D Hard to know whether to top up now or whether it'll fall back to levels below current

Dentie
17-10-2013, 11:18 AM
I get the feeling PEB will do a bit of a Xero over the next few days...Ie big runups early each day over the course of 4 or 5 days.... Buyers get in early then things plateau in the arvo as people take profits...then repeats the next day. If that's the case then I reckon we will see new highs sometime tomorrow! Maybe today if we get lucky!! I'm excited ;)

Nice to see you've become a believer T.....:t_up:

Dentie
17-10-2013, 12:15 PM
Righto boys and girls, I'm out at 74 cents, too many sellers piling up. Thanks for a 35% capital gain all!

Might buy in later on lower price :)

Why do I feel like a commercial s...t??

CJ
17-10-2013, 12:18 PM
Thanks for a 35% capital gain all!

Taxable income!

whatsup
17-10-2013, 12:28 PM
Loving this. Bought some more at 69 this morning, sold all but the profit at 75 - so some free shares :)

T, May I ask how big was your trade?

hilskin
17-10-2013, 12:31 PM
Because moosie held onto SNAKK and DIL for a few months he sees himself as a holder not a trader.:)

nextbigthing
17-10-2013, 12:36 PM
Taxable income!

Nah, offset by the DIL losses ;)

Minerbarejet
17-10-2013, 12:38 PM
Small bro (just a student - less than 10000) but it still gives me a bit of a kick. Build the wealth slowly but surely ;)
So did you buy them back again at .69?

Balance
17-10-2013, 12:48 PM
I am going to make a bold prediction :

There will be several big crossings at around 65c.

After that, the stock moves back up to at least 80c.

blobbles
17-10-2013, 01:00 PM
Often what happens with PEB is a quick spike, before falling back to it's major support level around 60c. It wouldn't surprise me if this happens again because people eventually look to fundamentals to judge value. And so far the fundamentals still say lots of potential, not many sales.

CJ
17-10-2013, 01:13 PM
EDIT: CJ - what about me? If I purchase shares at 69c and then sell all but the profit at 75 do I have a tax burden? I'm assuming not...
You bought with the specific purpose of selling in the short term for a profit so you would probably be caught by section CB4. This does not taint your long term holding.

http://www.legislation.govt.nz/act/public/2007/0097/latest/DLM1512409.html


Nah, offset by the DIL losses ;)Unfortunately his DIL losses are capital as he was a reformed man and bought for long term holding. The fact he has fallen off the band wagon is irrelevant as the timing for the "purpose test" is at the point of purchase.

I acknowledge that everyone ultimate intends to sell but any uncertainly in applying the rule is for long term holders, not for short term traders who are clearly caught. The IRD seems fairly happy with the short term/long term distinction at the moment. If I was an IRD inspector (and I am not), I would argue it is tax evasion (20% penalties) for short term traders not to return their profits. For mid term holders (ie. if you get caught on the wrong side of the grey area), you may get away with a smaller or no penalty but for short termers, it is pretty clear cut.

I dont want to get into a debate on this in this thread - there are threads on tax if anyone wants more robust discussion/arguments.

baller18
17-10-2013, 02:29 PM
Yeah I'm not so sure this time simply because the recent announcement has changed things quite a bit. The probability that sales will come has increased a lot IMHO so I'm not sure the retracement of the SP will be as large as you suggest (if at all). Who knows though aye...only educated guess work at this point :)
I'm thinking the same as you tummeric... so thinking to get in at the current sp, however, I'm thinking if I should wait till friday due to the traders, but then once again, who knows.
Missed out big time, would've wanted to buy at the opening on the annoucement date, but still on holiday.. Sighs..

Dentie
17-10-2013, 04:15 PM
At the risk of creating a bit of jocular hilarity ... and without getting all "apple pie-sh"...

I have been big in PEB since it was .24c (some years ago now) and I'm in for the long term. Apart from genuinely trying to lay a foundation for my retirement, the main catalyst for getting in was, I really have a deep belief in what they are trying to achieve in the cancer field. Their motivations are wholesome and they are doing something damn good for humanity (boy, is it needed). The reasons are exactly the same why I'm also big in CDY.

I have historically been an investor but have recently been trying my hand at trading - more as a side "play thing". Over the last couple of days as I've been watching and reading the rapid fire postings on this thread - (& the XRO thread), I've got close to pulling the PEB Buy Trigger to trade this stock. But for some reason I have not been able to do it. It sounds ridiculous, but I just don't see PEB as a trading stock for me. Because of the type of work they are doing it makes me feel like I'm somehow betraying them - treating them like a corporate wh*re I suppose. But I also know that without our trading friends, my retirement fund would never mature!

I can't believe I've written that lot ... oh well, it is what it is .... may the good times roll for everyone.

Radler
17-10-2013, 04:35 PM
I had my first go at day trading today.
I managed to add 150 shares to my small holding and bank a few dollars too. Might try it again tomorrow.

Wolf
17-10-2013, 04:57 PM
Good on you Radler! and Congratz!

I've been doing some day trading in PEB yesterday and today, just about made back my Dil losses. I'm hoping to take a small profit tomorrow morning then buying back in near closing time where i hope traders take week profits etc. Haha i was thinking about buying PEB at 50c before the announcement as it hit my "want price" but got discouraged with DIL. Should have got back on the horse straight away like you said Moosie!

Joshuatree
17-10-2013, 05:03 PM
Love your attitude Dentie. And yes it is a perfect feelgood stock to be in for the greater good along with BLT and NEU(i hold) and CZD..

IMO Most "traders" lose more than they make btw they just don't admit it :)

GR8DAY
17-10-2013, 05:05 PM
your posts fill me with great hope even though they strain my eyes and made me wish I knew your home address so I could send you a new caps locks key. good to have you back and glad to hear you're having a GR8DAY as well!


.....YEA CHEERS MOOSE ME OLD MATE.....BIN LYING A BIT LOW LATELY, BUT THIS SURE AS HELL WOKE ME UP YESTERDAY!! YEP CAP LOCKS ARE LOCKED ON WITH THIS SORT OF ACTION!! NICE WHEN YOU CAN GO TO WORK (SIGH) COME HOME AND FIND OUT YOUR $12-15K BETTER OFF.........wish I still had all my original holding, but done OK all the same. IM HOPING TO TOP UP AGAIN OVER THE COMING DAYS ANYWAY.......NO ISSUES NOW AS FAR AS FUTURE GROWTH PROSPECTS ARE CONCERNED.......THE SKY'S THE LIMIT AND TAKE-OFF IS NOW NO LONGER A MATTER OF "IF" BUT "WHEN"........

Balance
17-10-2013, 05:25 PM
No big crossings - big sellers still there.

geo
17-10-2013, 07:36 PM
My 1st post the best things I have done in the last 2 years is to start investing in PEB. Next finding STF on the net thank you Hancocks for starting this thread and all the other wise people that take the time to post there thoughts.

JohnnyTheHorse
17-10-2013, 08:11 PM
Pacific Edge have just won the Innovation in Health and Science category at the NZ Innovation Awards (being presented tonight). Well done to the team, well deserved!

MAC
17-10-2013, 08:16 PM
Pacific Edge have just won the Innovation in Health and Science category at the NZ Innovation Awards (being presented tonight). Well done to the team, well deserved!

That is a remarkable achievement, congrats to all the hard working biotech and lab folk behind the scenes.

Joshuatree
17-10-2013, 08:24 PM
geo ive looked on the web and found STF can be a wrestling hold; a marine maintenance business or slang for "shut the f*ck". Am curious which one has turned you on/ cheers JT

JohnnyTheHorse
17-10-2013, 08:30 PM
Pacific Edge have just won the Innovation in Health and Science category at the NZ Innovation Awards (being presented tonight). Well done to the team, well deserved!

They also won the supreme award.

blobbles
17-10-2013, 08:34 PM
Anyone think the SP tomorrow will keep heading North considering they just won these awards too?

JohnnyTheHorse
17-10-2013, 08:45 PM
Anyone think the SP tomorrow will keep heading North considering they just won these awards too?

Hard to say. It isn't exactly material information so they do not need to formally announce it to the NZX, however I feel they may put out a release. This news shouldn't in theory move the price, however I feel that it will certainly keep the good vibes going as everything is falling into place. I'm quietly confident that we will be seeing a SP above 80 cents very soon.

winner69
17-10-2013, 08:51 PM
Hard to say. It isn't exactly material information so they do not need to formally announce it to the NZX, however I feel they may put out a release. This news shouldn't in theory move the price, however I feel that it will certainly keep the good vibes going as everything is falling into place. I'm quietly confident that we will be seeing a SP above 80 cents very soon.

Well done PEB .....though I was cheering for Rest in Pets - they market cardboard coffins for pets and were in the innovative communication and marketing section. A good bunch of guys

Bobcat.
17-10-2013, 09:01 PM
Anyone think the SP tomorrow will keep heading North considering they just won these awards too?

Stranger things have happened. I was going to sell late tomorrow morning (after two days of good momentum producing higher lows and higher highs) but these awards may lift the price through another couple of days easy. The weekend papers may even run a column on it, meaning Monday and Tuesday could be juicy too.

I'm very upbeat about this stock's prospects longer term but short term let's not neglect the opportunity to trade off its spikes and buy again on corrections...on the next large spike, I'm taking profit and will then wait in the wings for a buy-back.

I luv surfin'

BC

psychic
17-10-2013, 09:07 PM
Dentie: "really have a deep belief in what they are trying to achieve in the cancer field. Their motivations are wholesome and they are doing something damn good for humanity (boy, is it needed)

Totally - Well said Dentie. The Traders must do their thing I guess, but it is been very, very rewarding to be attached somehow to a Company that will do so much good and improve the lot of the poor buggers who have BC.

Definitely a long term holder here, congrats and thanks to the PEB team.

psychic
17-10-2013, 09:11 PM
Ooops sorry Bobcat, my post delayed. Do not meant to imply trading wrong - soz

False Profit
18-10-2013, 07:16 AM
Simple question to the supreme beings on this site - What is going to be the next PEB? He's out there somewhere and he needs our money!!!!

GR8DAY
18-10-2013, 07:25 AM
Dont wont to be a party pooper but RAK have won so many awards they had to fine storage room on the moon.
Fat lot of good innovation is when you cant turn it into a good business model


SNAPITI CAN YOU PLEASE REMOVE YOUR OFFENSIVE COMMENT.......TO USE "RAK" IN THE SAME SENTENCE AS "PEB" IS JUST PLAIN..........OFFENSIVE!! (LOL)


I ALSO WAS ONCE A PEB TRADER........AS OF A COUPLE OF DAYS AGO, IVE MORPHED INTO A LONGTERM BELIEVER. MY HOPE IS YOU REMAINING PEB TRADERS WILL NOW SEE THIS STOCK IN A DIFFERENT LIGHT, HOLD ON TIGHT TO YOUR STOCK AND JUST ENJOY THE RISE THROUGH TO AN EASY $1.50 plus (in my opinion) LIKE TUMERIC (i think it was?) I ALSO FELT GUILTY ABOUT DAY TRADING SUCH AN ETHICAL AND WELL FOUNDED COMPANY......BUT WE ALL HAVE TO MAKE HAY WHILE THE SUN SHINED......NOW I SEE A VERY ROSY FUTURE FOR PEB AND ONE THAT HAS JUST GOT SERIOUSLY "DE-RISKED"........LONGTERM HOLDER.

Minerbarejet
18-10-2013, 07:50 AM
My 1st post the best things I have done in the last 2 years is to start investing in PEB. Next finding STF on the net thank you Hancocks for starting this thread and all the other wise people that take the time to post there thoughts.
Good on you geo, I think your post got overlooked in all the carryon around here. You have come to the right place. You will get the strangest of replies at times so dont worry if people cant figure out that STF means Share Trader Forum. We all look forward to your participation.

karen1
18-10-2013, 08:46 AM
SNAPITI CAN YOU PLEASE REMOVE YOUR OFFENSIVE COMMENT.......TO USE "RAK" IN THE SAME SENTENCE AS "PEB" IS JUST PLAIN..........OFFENSIVE!! (LOL)


I ALSO WAS ONCE A PEB TRADER........AS OF A COUPLE OF DAYS AGO, IVE MORPHED INTO A LONGTERM BELIEVER. MY HOPE IS YOU REMAINING PEB TRADERS WILL NOW SEE THIS STOCK IN A DIFFERENT LIGHT, HOLD ON TIGHT TO YOUR STOCK AND JUST ENJOY THE RISE THROUGH TO AN EASY $1.50 plus (in my opinion) LIKE TUMERIC (i think it was?) I ALSO FELT GUILTY ABOUT DAY TRADING SUCH AN ETHICAL AND WELL FOUNDED COMPANY......BUT WE ALL HAVE TO MAKE HAY WHILE THE SUN SHINED......NOW I SEE A VERY ROSY FUTURE FOR PEB AND ONE THAT HAS JUST GOT SERIOUSLY "DE-RISKED"........LONGTERM HOLDER.

Agree with someone else who commented on the use of caps, at the least, is very hard to read! http://www.hoax-slayer.com/do-not-use-all-capitals.html

Also agree re RAK/PEB in same sentence, the former is "run" by a bunch of sly incompetents with only self interest, the latter by one of the best teams you will find in any business. As for Snapiti's comment "Fat lot of good innovation is when you cant turn it into a good business model", I would have thought it is glaringly obvious PEB is already way beyond the good, and in fact excellent. PEB have taken measured steps from the outset, and are now about to reap the rewards of caution, diligence, and plain old fashioned hard work.

gv1
18-10-2013, 09:36 AM
SNAPITI CAN YOU PLEASE REMOVE YOUR OFFENSIVE COMMENT.......TO USE "RAK" IN THE SAME SENTENCE AS "PEB" IS JUST PLAIN..........OFFENSIVE!! (LOL)


I ALSO WAS ONCE A PEB TRADER........AS OF A COUPLE OF DAYS AGO, IVE MORPHED INTO A LONGTERM BELIEVER. MY HOPE IS YOU REMAINING PEB TRADERS WILL NOW SEE THIS STOCK IN A DIFFERENT LIGHT, HOLD ON TIGHT TO YOUR STOCK AND JUST ENJOY THE RISE THROUGH TO AN EASY $1.50 plus (in my opinion) LIKE TUMERIC (i think it was?) I ALSO FELT GUILTY ABOUT DAY TRADING SUCH AN ETHICAL AND WELL FOUNDED COMPANY......BUT WE ALL HAVE TO MAKE HAY WHILE THE SUN SHINED......NOW I SEE A VERY ROSY FUTURE FOR PEB AND ONE THAT HAS JUST GOT SERIOUSLY "DE-RISKED"........LONGTERM HOLDER.
Hi Gr8day,
How?

Lorne Ranger
18-10-2013, 10:06 AM
... See. Thats me waving, not a possessed rubber plant.

Great atmosphere in the PEB world this morning, time for more of that great fruit punch. What is that secret ingredient...?