PEB - Pacific Edge Ltd

**skid** · 07-06-2015, 01:41 PM

Nt...

Medical tourists for a bladder cancer test. You gotta be joking

Thats not what medical tourism is all about--Its about eye surgery--operations-Root canals etc. (Big cost Items.

You reckon those kind of numbers are worth it? (Catering to the rich really slams the numbers)

Setting up a few selected clinics for loaded foreign tourists for a bladder test? I dont think so.

PEB wouldn't need a large army of salespeople to market its product to a few selected clinics there that want to offer their loaded foreign clients the newest, most reliable and least unpleasant diagnostic procedures. And it's not a question of whether Cxbladder would be covered by a local health insurance scheme - that's irrelevant. Nor would it be necessary to offer Cxbladder at cheap rates to attract the local peasantry. The foreign medical tourists who are the target market will in some cases have their own generous health insurance cover, and in other cases they will simply be willing to pay from their own pockets. If they've spent thousands of dollars travelling to Singapiore for treatment, are they going to argue over the odd couple of hundred dollars difference in price?

If initial inquiries have shown promise, as DD says is the case, I say PEB would be absolutely silly to say "oh no, we have to ignore such opportunities and focus only on waiting for the US bureaucratic machinery to grind into action". No one's saying Singapore or Bangkok will bring the big numbers of tests that could eventually flow from US approvals, but to me it seems like an opportunity not to be ignored.[/QUOTE]

**NT001** · 07-06-2015, 04:24 PM

Originally Posted by skid

Nt...Medical tourists for a bladder cancer test. You gotta be joking Thats not what medical tourism is all about--Its about eye surgery--operations-Root canals etc. (Big cost Items. You reckon those kind of numbers are worth it? (Catering to the rich really slams the numbers).

No, of course medical tourists are not going to Singapore just for a bladder cancer check, and I certainly wasn't suggesting that special clinics would be set up there for bladder cancer alone. In many cases, patients would go for a range of medical reasons (possibly a complete checkup) of which bladder cancer might be one.

The numbers of such medical tourists are surprisingly high, and we've been told that once you've been identified as a bladder cancer suspect, you need repeated checks.

If you have reason to believe this is a crazy idea, possibly you should let DD know that he's been getting bad info in response to initial inquiries in Singapore.

**Exodia** · 07-06-2015, 05:39 PM

Originally Posted by NT001

No, of course medical tourists are not going to Singapore just for a bladder cancer check, and I certainly wasn't suggesting that special clinics would be set up there for bladder cancer alone. In many cases, patients would go for a range of medical reasons (possibly a complete checkup) of which bladder cancer might be one.

The numbers of such medical tourists are surprisingly high, and we've been told that once you've been identified as a bladder cancer suspect, you need repeated checks.

If you have reason to believe this is a crazy idea, possibly you should let DD know that he's been getting bad info in response to initial inquiries in Singapore.

Singapore entice medical tourists by offering a wide range of medical care from screenings to high-end surgical procedures, specialising in heart surgeries and cancer treatment. They may be pricing themselves out of the market as they claim on their tourism board website that medical expenditure generated from travellers was S$980M in 2011 which was a 14% increase from 2010.. however reports from May this year indicate that in 2012 they generated S$1,110M and this dropped 25% in 2013 to S$832M due to limited government support and hefty competition from the likes of Thailand and Malaysia.

http://www.straitstimes.com/news/bus...bours-20150508
http://www.businesstimes.com.sg/cons...adwinds-report

**nextbigthing** · 07-06-2015, 06:51 PM

Originally Posted by artemis

Wonder if PEB has looked at targeting susceptible occupations. Anyone know? Quite a big market there.

I would assume most employers wouldn't be too keen on proving to their staff they're at risk. Much cheaper and easier to make employees sign a contract saying they will protect their own health at all times and give them some cheap face mask etc for the company to cover its a$$.

**nextbigthing** · 07-06-2015, 07:03 PM

Singapore, similar in population to NZ, which after a few years and millions of shareholder and taxpayer dollars has cracked a whopping $120K in revenue... Is expanding into Singapore at this stage really a good idea? Or should they perhaps focus on profitability in the massive market of the US (where they've done the groundwork) first and then expand a successful model instead?

"We're really really excited about the opportunity to fly to Singapore business class and investigate some possibilities"

**Casino** · 07-06-2015, 07:03 PM

Originally Posted by NT001

No, of course medical tourists are not going to Singapore just for a bladder cancer check, and I certainly wasn't suggesting that special clinics would be set up there for bladder cancer alone. In many cases, patients would go for a range of medical reasons (possibly a complete checkup) of which bladder cancer might be one.

The numbers of such medical tourists are surprisingly high, and we've been told that once you've been identified as a bladder cancer suspect, you need repeated checks.

If you have reason to believe this is a crazy idea, possibly you should let DD know that he's been getting bad info in response to initial inquiries in Singapore.

Many will disagree with the premise of your argument. I surely feel very stupid for thinking highly of this management. To say that you will expand into additional markets when you can't even match lemonade stands in sales is beyond grasping at straws. It's deception.

**NT001** · 07-06-2015, 08:23 PM

Originally Posted by Casino

Many will disagree with the premise of your argument. I surely feel very stupid for thinking highly of this management. To say that you will expand into additional markets when you can't even match lemonade stands in sales is beyond grasping at straws. It's deception.

You're right Casino, many do seem to disagree, though I don't follow their logic. Those who believe management is so utterly incompetent and engaged in deception will presumably have sold their shares in PEB by now (if they ever had any), and won't be participating in the cap raising. I'm staying in and will be exercising my rights. One thing I like in a company that's finding the going tough in its major target market is a wilingness to show flexibility and explore other possibilities, without taking its eye off the main target..

**Casino** · 07-06-2015, 08:59 PM

Originally Posted by NT001

You're right Casino, many do seem to disagree, though I don't follow their logic. Those who believe management is so utterly incompetent and engaged in deception will presumably have sold their shares in PEB by now (if they ever had any), and won't be participating in the cap raising. I'm staying in and will be exercising my rights. One thing I like in a company that's finding the going tough in its major target market is a wilingness to show flexibility and explore other possibilities, without taking its eye off the main target..

Or is it putting lipstick on a pig? There is just so much that doesn't add up. No traction in any market, no CMS, no takeover interest, no partnerships, etc. The biotech sector is flush with cash and yet nobody comes knocking. On the plus side, it's the right environment and right thing to raise money. A lot of cheap money looking for a home and the relatively small discount is an encouraging sign. Let's hope for holders and the company that they will put it to good use.