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  1. #19251
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    Didnt we use to have a stock called XRO or something for a number of years selling at phenomenal prices?
    I heard they only made a profit last year.
    I suppose shares on offer might have been smaller than PEB but I do remember a lot of hype involved at 24.00
    What is it now?
    As far as PEB is concerned looking at the HY with 3.2 million in the kitty and comparing it with the 4.5 FY 2020 I think with all the additional revenue streams coming on board they might be looking at 8 million or so this year.


    Wonder what this latest Govt development in DHBs will do for PEB.
    Hopefully bring all the rest of NZ (30 -40%) into the cxBladder fold.
    Last edited by Minerbarejet; 21-04-2021 at 06:32 PM.

  2. #19252
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    Quote Originally Posted by Minerbarejet View Post
    Didnt we use to have a stock called XRO or something for a number of years selling at phenomenal prices?
    I heard they only made a profit last year.
    I suppose shares on offer might have been smaller than PEB but I do remember a lot of hype involved at 24.00
    What is it now? ......
    Well XRO is slightly but not completely off topic for this thread. XRO was very clear year after year after year - it's all about growth so don't look for profit, look for revenue.

    And so it came to pass. SP currently AUD141.

  3. #19253
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    Given their past record of 'over promise and under deliver' this made me smile.

    Pacific Edge is delighted to have been named as a finalist in the INFINZ Awards for Emerging Leaders Best Investor Relations.

    The award is open to all companies outside the NZX20 and is judged by an expert panel of investor relations and investment professionals.

    CEO of Pacific Edge, David Darling, said: “As a high growth NZX-listed company, providing our shareholders and the market with informative, consistent and transparent communications has always been an essential part of our investor relations programme. Clearly communicating our growth strategy and financial performance is key to achieving a fair value in the market. We are delighted to have been recognised as a finalist for this award alongside other well regarded companies.”
    Last edited by Leftfield; 23-04-2021 at 12:28 PM.

  4. #19254
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    Clearly communicating???
    How many times did they clearly communicate that a capital raising was the last time???

  5. #19255
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    Quote Originally Posted by forest View Post
    Clearly communicating???
    How many times did they clearly communicate that a capital raising was the last time???
    You are only as good as your last announcement
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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    Quote Originally Posted by forest View Post
    Clearly communicating???
    How many times did they clearly communicate that a capital raising was the last time???
    Over time, I've sent 2 emails to PEB investor centre asking for clarity in some of their comms where these differ from other published information - not a peep in reply.

  7. #19257
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    I thought I'd put Psychic's questions anonymously to the PEB investor centre (hope ya don't mind Psychic) here's what I just got back, thought I'd share with this forum. Their answers in red font below:

    Quote Originally Posted by psychic View Post
    Newsletter quietly offers a few corrections to past embellishments I think, before a disappointing result is published next month.

    The big news items taking the SP from about .10 to $1.30 over the past 10 months have been as follows:

    Inclusion in NCCN guidelines
    PE made much of Cxbladder being included in the clinical pathway but this was an exaggeration in the extreme.
    It wasn’t.
    There is no mention of Cxbladder in there at all, surveillance is still Cystoscopy and cytology. The guidelines simply, with the weakest of recommendations (2B), now say that the additional use of Biomarkers (in general) may be considered in surveillance but that it was unclear whether the additional information was useful.

    Guidelines current March 2021
    https://www.nccn.org/professionals/p...df/bladder.pdf
    The newsletter now confirms that they have more work to do before inclusion.

    NCCN Guidelines: The inclusion of urine molecular tests for UC markers into the NCCN
    guidelines in 2019 is specifically for follow up of high-risk NMIBC with level 2B evidence,
    as indicated. This inclusion language is a departure (improvement) from previous
    versions which explicitly excluded the use of urinary UC markers for all follow up
    patients. The use of urinary UC markers is specifically referenced in the NCCN review
    language and collectively refers to those biomarker tests assessed in the 2015 Review
    paper by Chou et al. which includes Cxbladder.

    Deal with Kaiser June 2020

    PE finally announced completion of Triage trial with KP in Nov 2016.
    We still know nothing of the Commercial deal or number of tests being paid for.
    But todays newsletter confirms that they are “using” Monitor only, Triage has not been adopted by KP

    Kaiser Permanente (KP): The commercial arrangements of the relationship with KP are
    confidential however as stated, the agreement covers all of the available Cxbladder
    products. You are correct that the initial clinical evaluation of Cxbladder by KP was in a
    hematuria evaluation setting and we would have expected this to translate to KP
    adopting Cxbladder Triage, however KP indicated that they wished to introduce
    Cxbladder into their organisation in the follow up surveillance setting to start with. This
    is their decision and entirely understandable since it allows KP clinicians to maintain
    contact with their bladder cancer patients as they socialise the Cxbladder technology
    within the organisation (clinicians and patients alike). We have every expectation that
    KP will at some point publish their hematuria study data and in time will also extend their
    adoption of Cxbladder into the hematuria evaluation setting, but ultimately that is their
    decision.


    July 2020 LCD by CMS

    Medicare now cover Cxbladder Monitor and Detect where medically necessary
    Yet the Local Coverage Decision says Cxbladder is NOT considered medically necessary

    https://www.cms.gov/medicare-coverag...d=38388&ver=13

    The American Urological Assn directive last reviewed Jan 2021
    https://www.auanet.org/guidelines/bl...sive-guideline
    It says:
    9. In surveillance of NMIBC, a clinician should not use urinary biomarkers in place of cystoscopic evaluation. (Strong Recommendation; Evidence Strength: Grade B)

    So the “medically necessary” tests PEB is saying are now being reimbursed by CMS I suggest are only a small portion of those being completed. As for reimbursement of all those past tests, again, I think very few will have been “medically necessary” so good luck with that.

    July LCD by CMS: The link you have provided is an earlier version of the ‘proposed
    LCD’ which was in circulation for consultation. The final published LCD is L35396 and
    the exclusion language relating to Cxbladder you refer to was removed following
    submissions from Pacific Edge and other parties such that now the only requirement for
    reimbursement by CMS is the use of valid CPT codes and the statement of medical
    necessity. Medical necessity is determined by the referring physician and does not
    require that Cxbladder is used instead of cystoscopy, since in most cases Cxbladder is
    used in addition to cystoscopy in the US. Provided these criteria are met (which they are
    for all CMS patients) Pacific Edge is receiving 100% (full) reimbursement for claims
    within 40 days of claim submission. As we noted in the newsletter and at the half year,
    CMS related tests accounted for a significant proportion (~67%) of our commercial test
    throughput in the US for the first half of FY21 – this is quite different from the ‘very few’
    you suggest.

    April 2021 United Healthcare covers Cxbladder

    Well, they don’t, really. More exaggeration.

    United has a Medicare Policy which is effectively back to back /underwritten by CMS as primary payer. Todays newsletter confirms that United doesn’t cover Cxbladder under its own Healthcare Plans. Neither do Aetna, Blue Cross or any others as far as I can see.
    United has simply added the CPT codes so as to match Medicare for consistency

    United Healthcare: As stated in the newsletter and as announced to the NZX United
    Healthcare have commenced coverage of Cxbladder in the Medicare Advantage
    policies. We have provided you with a link to their policy. View Full Policy - PDF (page
    2 of 52).

  8. #19258
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    Very helpful 850man. Thank you.

  9. #19259
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    Thanks 850 and also thanks to Psychic. We need people to be critical on sharetrader. We need contrary views.

  10. #19260
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    Quote Originally Posted by blu3 View Post
    For also having experienced a single cystoscopy in order to remove a ureteral stent while being fully awake, I'd also do anything to avoid experiencing this ever again.

    I had this procedure done 8 years ago but you bet that my screams are still echoing in that hospital—I'm still traumatized to this day.

    Go PEB!
    Yep, been there, done that. In my 20s off the back of a small kidney stone. Glad I wasn't the only one that screamed! Not sure if it was actually necessary or if it was a case of lining a urologist's pockets.

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