PEB - Pacific Edge Ltd

[Antipodean]

https://nzx.com/companies/PEB/announcements/264571

Full Year Results to be Released on 28 May 2015
3:51pm, 20 May 2015 | GENERAL
20 May 2015


FULL YEAR RESULTS TO BE RELEASED ON 28 MAY 2015


Pacific Edge Limited (NZX:PEB) intends to announce its results for the financial year ended 31 March 2015 on Thursday 28 May 2015, prior to 10am NZST.


For more information contact:

[Tsuba]

Whats that got to do with chooks?

Here you go Skid. Just for you and Miner...

https://www.youtube.com/watch?v=ddLOviIZxlA

[Minerbarejet]

OMG--Genomic health! That is our worst nightmare (seriously,it may surprise some but, I want this Kiwi co.(PEB) to succeed--but have just gotten frustrated with management and a few of the idealistic posts)--but this we do not need.

Hopefully it will take a long while to get to market(or maybe it wont be as good?)

And where was PEB at the AUA annual meeting in New Orleans where this presentation was made?

Relax, skid.
10% for PEB, 10% for Genomics maybe, who gets the other 80%?

[skid]

Here you go Skid. Just for you and Miner...

https://www.youtube.com/watch?v=ddLOviIZxlA

Thats better.....

[skid]

Genomics has been covered relatively well in earlier posts--Geez -if we had them here it would no doubt raise our GDP--not happy with just breast, bowel and prostate cancer tests--greedy b____terds.

[Joshuatree]

Whats that got to do with chooks?

Even better fit

Headless Chicken Lives - YouTube

[Carpenterjoe]

Quick question to the brains trust, have you guys read page 61 of MDXhealth last annual report (Feb)? covers issues regarding reimbursement, revenue and when revenue is recognised. Question, could this same situation apply to peb?

http://mdxhealth.com/financials

I know DD and Co have done a very impressive job of operating a lean machine, but reading MDXreport where they mention having 60-80 sales reps in five years, do we think Peb are being aggressive enough with only 12or16? Keeping in mind the training time for each rep.

Sorry if this has already been covered and sorry if some find these questions stupid, but the only stupid question is the one that is not asked.

Cheers

[Minerbarejet]

Quick question to the brains trust, have you guys read page 61 of MDXhealth last annual report (Feb)? covers issues regarding reimbursement, revenue and when revenue is recognised. Question, could this same situation apply to peb?

http://mdxhealth.com/financials

I know DD and Co have done a very impressive job of operating a lean machine, but reading MDXreport where they mention having 60-80 sales reps in five years, do we think Peb are being aggressive enough with only 12or16? Keeping in mind the training time for each rep.

Sorry if this has already been covered and sorry if some find these questions stupid, but the only stupid question is the one that is not asked.

Cheers

Have just read page 61 and it seems to have quite a few similarities to PEBs case. PEB have stated that they are processing Medicare patients and it would appear they are not getting paid as yet. If these tests are unrecognised and are therefore not included as receivables and we dont know how many have been done as a proportion of the lab throughput, then we are in the dark until things get sorted. If the MDX case is normal for this scene then it looks as if their revenue is about half of what is due.
Working backwards from the FY 15 results next week this may give us some rough idea of throughput to revenue ratio and therefore numbers of tests performed. ie if Peb announces 2.0 mill in revenue recognised from sales is there actually 4.0 million altogether giving 8000 odd tests?
Bit of a long bow to draw but its a big target
It was always suspected there would be some kind of windfall eventually via Medicare after signup.
Dont know if MDX are targeting large groups of urologists like PEB. This may account for the bigger sales force if they are going direct to doctors.
Thanks for pointing page 61 out, it has made things quite a bit clearer for me and probably for others.


P.S.Seems that the news feeds are hitting overtime. Have had about 5 alerts from various sources, the latest from FierceBiotech. Words getting out, bigtime.

[skid]

Have just read page 61 and it seems to have quite a few similarities to PEBs case. PEB have stated that they are processing Medicare patients and it would appear they are not getting paid as yet. If these tests are unrecognised and are therefore not included as receivables and we dont know how many have been done as a proportion of the lab throughput, then we are in the dark until things get sorted. If the MDX case is normal for this scene then it looks as if their revenue is about half of what is due.
Working backwards from the FY 15 results next week this may give us some rough idea of throughput to revenue ratio and therefore numbers of tests performed. ie if Peb announces 2.0 mill in revenue recognised from sales is there actually 4.0 million altogether giving 8000 odd tests?
Bit of a long bow to draw but its a big target
It was always suspected there would be some kind of windfall eventually via Medicare after signup.
Dont know if MDX are targeting large groups of urologists like PEB. This may account for the bigger sales force if they are going direct to doctors.
Thanks for pointing page 61 out, it has made things quite a bit clearer for me and probably for others.


P.S.Seems that the news feeds are hitting overtime. Have had about 5 alerts from various sources, the latest from FierceBiotech. Words getting out, bigtime.

Here we go again--googled Fierce Biotek----no sign of PEB Whats the point of getting in a number of publications if you are stuck somewhere in a hidden cob web filled corner that no one sees? (your system of alerts is flawed in that sense if you dont carry on and see if it is there to see for the customer(whoever that is)---Heres a little test-

On May 28th someones reputation is on the line --either PEB or Edison

Even if you decide to project that thier revenues are double @4% of their target (100mil) Is that good enough for year 3 with some big players coming on at pace ?(thats not just heresay any more with genomic throwing their hat in --Is now a race.


PS--4am?--dont you sleep?

[Minerbarejet]

Here we go again--googled Fierce Biotek----no sign of PEB Whats the point of getting in a number of publications if you are stuck somewhere in a hidden cob web filled corner that no one sees? (your system of alerts is flawed in that sense if you dont carry on and see if it is there to see for the customer(whoever that is)---Heres a little test-

On May 28th someones reputation is on the line --either PEB or Edison

Even if you decide to project that thier revenues are double @4% of their target (100mil) Is that good enough for year 3 with some big players coming on at pace ?(thats not just heresay any more with genomic throwing their hat in --Is now a race.


PS--4am?--dont you sleep?

Sorry, Skid, it wasnt biotech but Diagnostics. Here is the link.
http://www.fiercediagnostics.com/pre...-bladder-cance

Much the same as the others.
cxbladder detect launched in July 2013
How do you figure year 3? It hasnt been available 2 years yet in the States
Try and forget they ever mentioned 100 million, that is not the defining moment.
That moment is where they make a profit, however minor.
Genomics hat consists of a bladder cancer monitor,( not detect, triage or predict) and wont be out until 2016
Still has to be better than CxBladder to be a threat.
The only race is the human race that all these companies are trying to help.
Rust never sleeps.