PEB - Pacific Edge Ltd

[sharp]

takeaway from the media release:

"the Company has just now started into its second year of commercial operations. Salesare tracking expectations..."

[Mista_Trix]

Oh phew, not everyone on this thread who comments is banned yet :-S

[Ninefingers]

"US Sales are tracking expectations following acceptance of Cxbladder as an adjunct technology by four national provider networks and an active marketing program to clinicians and healthcare organisations."
Most interesting thing in the announcement.

[Crystal Ball]

Oh phew, not everyone on this thread who comments is banned yet :-S

I think you will find Mista_Trix, it's only those that are rude and nasty to others that get banned. Pretty sure Vince is fine with the differing of opinions/ thoughts, not the personal mud slinging that some idiots have resorted to in the past......

[Schrodinger]

"US Sales are tracking expectations following acceptance of Cxbladder as an adjunct technology by four national provider networks and an active marketing program to clinicians and healthcare organisations."
Most interesting thing in the announcement.

If that's the case then its positive news. What was the announcement to market on the expected sales for this 6 months ?

[pierre]

In the first few months of 2014 there were a number of announcements about various initiatives which excited the market, but no financial information was released until the full year results were published on 28 May.

I emailed the company this afternoon asking when PEB intended to provide an update to the market about sales, revenue and/or other developments. I'll post the reply when I receive it.

I haven't had a direct reply to my request - they must have been too busy preparing today's announcement. That will do in the meantime.

The FY15 financials will be revealed late May so patience required for the next few months while they count the money that appears to be starting to come in from the US market.

Maybe the product line up is Ok and the (former) doom & gloom merchants on PEB might be proved wrong.

[MAC]

If that's the case then its positive news. What was the announcement to market on the expected sales for this 6 months ?

Analyst consensus is for $3.2M revenues (+278%) for the full year to 31 March up from $0.8M in the prior year.

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

[Schrodinger]

Ok thanks. Has the company announced any of their own forecasts?

[Harvey Specter]

classic PEB.......... company has gone out of their way,several times, to say they will not be forecasting sales due to so many unknowns
yet today they say sales are tracking expectations......... and who's expectation will those be.... the cleaning ladies or insto's or maybe the taxi drivers.
Total rhetoric

Can someone be a Darling and remind them we are expecting 10s of thousands of tests.

[skid]

If I was PEB management --This is exactly what I would do at this stage(announcement)

The patent (which they jumped the gun on before)is a great way to throw in some hints on sales (whether the goods are there or not)