PEB - Pacific Edge Ltd

[minimoke]

if i read this "Pacific Edge said while it has progressed commercial negotiations with targeted large-scale healthcare organisations in the US over the past 12 months, including Kaiser Permanente and the Centers for Medicare and Medicaid, both are taking longer than expected to complete " (From here http://www.sharechat.co.nz/article/c...-in-focus.html) I get the impression Kaiser is a targeted organisation but a negotiation isnt complete as it is taking longer than expected

If I read We already have two of our four targeted, significant US customers under contract and.." and "Mr Darling said there ''was a question mark'' over going back to shareholders, but he believed the combined cash in hand and future test payments, especially from the US' Kaiser Permanente and Centres for Medicare and Medicaid, made earlier break-even predictions for full year 2019 ''doable''."(from here https://www.odt.co.nz/business/pacif...rds-loss-again) I get the impression Kaiser is a done deal and its purely a timing of cash coming in.

[Schrodinger]

PLX revenue of $12M and Mcap $25M, PEB rev $3.4M Mcap $150M. I know which investment bank I'm buying and getting my research from...

[t.rexjr]

It is possible that it's changed accounting policies to show 'cash paid for its US tests to give a clearer view of its cash revenues' is because there might actually be some... Though sh*t, I wouldn't bet on it...

[Schrodinger]

Also interested to see the revised forecast from Forsyth lol

[Balance]

Also interested to see the revised forecast from Forsyth lol

https://www.odt.co.nz/business/pacif...rects-accounts

Forsyth Barr swallowed half the dead fish (hard) back in September 2017 - "Forsyth Barr broker Lyn Howe said Pacific Edge ''was not doing itself any favours'' around confidence in how much cash is actually coming into the business."

Am expecting they are going to have to put a 'sell' on PEB this time round.

Forsyth Barr's credibility is shot anyway so may be a case of salvaging what's left of their calls on this stock.

[Balance]

Good on you for coming to your senses. But if I were you I would take what is on offer while it is still around.... clock might be ticking on this one.

14 cents now and sellers seem keen to just get the hell out.

If it is one of the institutions trying to get out, PEB's sp will be 15c before it can get out.

Hope TJ is out.

[minimoke]

14 cents now and sellers seem keen to just get the hell out.

If it is one of the institutions trying to get out, PEB's sp will be 15c before it can get out.

Hope TJ is out.

I think you mean 24 cents

[Balance]

I think you mean 24 cents

Oops - you are right of course.

[Sgt Pepper]

Oops - you are right of course.

PEB
Death spiral?
Take over target?
Rebound?

disc :not a shareholder

[Ggcc]

I think a takeover target it is..... Only if their products are as good as they say.