PEB - Pacific Edge Ltd

[pierre]

This can't be true - surely it has to be another trick by those pesky underwriters - again!

Nice to see some positive news from Singapore - looks like those Business Class airfares might have a pretty good ROI. The potential in that market looks quite promising - probably easier to gain traction there than in the US too.

Great to see some upwards movement in the SP - I doubt the mild euphoria will last at the current level (44c) for the whole day though.

Closed at 43c but I think Friday will see a little more erosion of today's euphoria once the reality of the PEB statement is understood.

Still, Balance will be pleased that the Underwriters have managed to offload about 700k of their holdings at a price above 40cents and that has to be a good thing.

[trader_jackson]

Closed at 43c but I think Friday will see a little more erosion of today's euphoria once the reality of the PEB statement is understood.

Still, Balance will be pleased that the Underwriters have managed to offload about 700k of their holdings at a price above 40cents and that has to be a good thing.

Wait wait, I thought the only reason the share price went up today was because of the underwriters and their continued bigly smart share price manipulation? "Ramp 'em up and sell 'em down."
Cause PEB can't be allowed to actually achieve any commercial success...

[pierre]

Wait wait, I thought the only reason the share price went up today was because of the underwriters and their continued bigly smart share price manipulation? "Ramp 'em up and sell 'em down."
Cause PEB can't be allowed to actually achieve any commercial success...

Commercial success for PEB? Not likely! Publishing that statement was a clever bit of work by the underwriters. There's sure to be much more of that fake news to come too so they can continue to ramp up and sell down.

[winner69]

Did that announcement have a little red circle next to it on nzx.com

Apparently not so deemed not to be price sensitive ....but it sure did things to the share price

[trader_jackson]

Did that announcement have a little red circle next to it on nzx.com

Apparently not so deemed not to be price sensitive ....but it sure did things to the share price

Remember the other time(s) this happened? I reckon these announcements aren't marked price sensitive because PEB expects to get these commercial agreements (even if only smallish) but the market, or at least some in the market, expect PEB to fall over

[minimoke]

Isnt the key sentence in the first paragraph. And the Key word is "offer" Nothing about any commitment to actually buy. "

has reached a

commercial agreement with Raffles Diagnostica Pte Ltd to offer its suite of

Cxbladder tests in Singapore"

[hardt]

Isnt the key sentence in the first paragraph. And the Key word is "offer" Nothing about any commitment to actually buy. "

has reached a

commercial agreement with Raffles Diagnostica Pte Ltd to offer its suite of

Cxbladder tests in Singapore"

Not a lot of their revenues actually fruit any cash...

This could be another lot of revenues flowing right through to that receivables pile in the corner.

	FY15	FY16	FY17	1H18
PRODUCT REVENUE	1,899	4,976	8,062	4,225
RECEIPTS FROM CUSTOMERS + GRANTS	1,184	3,648	4,616	1,880
- GRANT REVENUE	-1,110	-1,281	-1,105	-538
RECEIVABLES	2,584	5,730	6,519	8,027
BAD DEBTS	xx	xx	-2,635	-674
DOUBTFUL DEBTS	xx	xx	-613	-752

[davflaws]

Isnt the key sentence in the first paragraph. And the Key word is "offer" Nothing about any commitment to actually buy. "

has reached a

commercial agreement with Raffles Diagnostica Pte Ltd to offer its suite of

Cxbladder tests in Singapore"

If Raffles Diagnostica Pte Ltd have invested resources in commercial negotiation for a product they have no intention of actually buying, they have clearly been "got at" by those pesky underwriters!

[minimoke]

If Raffles Diagnostica Pte Ltd have invested resources in commercial negotiation for a product they have no intention of actually buying, they have clearly been "got at" by those pesky underwriters!

"Commercial negotiatoons" can be as little as flicking through a copy of T's and C's (Terms and Conditions)

[Minerbarejet]

Under the terms of the agreement, Raffles Diagnostica Pte Ltd, a wholly owned subsidiary of the Raffles Medical Group (RMG) will coordinate the specimen collection, shipping and reporting of Cxbladder tests for RMG urologists for the detection and management of bladder cancer for Raffles’ patients in Singapore.
(To which should be added for clarity)
If any of the RMG Urologists decide to use it!
Be silly not to though, eh.