PEB - Pacific Edge Ltd

[winner69]

Crumbs you can be a perma bear and a misery .

MAC -.just Whipmoney view of things. You obviously disagree

Whip is normally very bullish on things and I would say far from being a misery.

[MAC]

Cxbladder is not covered by CMS but the management thinks that it will go through 'in early 2014'. Such an announcement is way way way more important than making the NZX50.

Quite right Casino, I shall amend my post to be clearer, PEB have achieved CMS approval for the laboratory (CLIA), buy not yet CMS approval as a provider. Onward and forward with the next step.

[Casino]

I'm amazed that they have 'promised' ten thousands of sales even without any coverage. I can't wait to see sales with insurers on board.

[baller18]

Yes very lofty promise's which IMHO will not be achieved due to many many factors out of the control of the company.
If it did happen $1.65 p/s is going to look very very cheap.
It seems many on this thread think that given time PEB's success is a done deal I believe that is certainly not the case.

P/s will look very very cheap? Think you got this part wrong snapiti, with one million sales then the current mkt cap would match by a P/S ratio of 10, if you are strictly looking at PEB's SP from a price to sales ratio.

[baller18]

just for you moosie,
current lack of insurance coverage,
many legal hurdles,
a few medical hurdles,
a time consuming and prolonged proposition to change urolygist way of doing things.

I am not saying it wont happen I just believe it will take longer than till the end of this year to achieve 10's of thousands of paid for ( or not) tests.

For the record I hope I am wrong.

But a lot of urologists were using the test from certdnx and a lot of them are still using the FISH test?
With CXbladder being a lot more cost effective and more accurate how much longer will it take? Who knows, but doesn't seem too far away

[MAC]

Wasn't intending to suggest it was a permanent state of mind or a categorising personality trait Winner, just that that particular post was really quite perma bearish and that it oozed an unreasonable outlook of misery without any knowledgeable supporting or factually corroborating analysis. Apologies to you Whipmoney if any offence was read, none was intended.

Mac

[Casino]

The management has hinted at several huge development that are possible this year:

1. CMS coverage
2. Significant sales volume this year
3. Additional products
4. Take-over offer

Why are people so obsessed with the NZX50 listing?

[winner69]

The whole US healthcare system is set up to make the big companies rich, stuff what the citizens want. It is essentially one big racket.

I guess is that ObamaCare is sure to make it worse. How ObamaCare will work has been written by lobbyists of the industries that benefit from the racketeering.

Lobbying is the game if one wants to succeed - not just getting the system working for you but what products can be used and all that

How does a little outfit from NZ get what it wants in this environment.

It has been said that Darling is a weak link in this respect. However I take heart from Balance when he reassured me that the Board had recognised this weakness and hired some gun US people as a de facto 'Board' in the US. That's good

But the past has seen many great products etc fail in the US because the 'right' people weren't on board with it.

Hopefully PEB have this under control but I see this as one of the biggest risks for them so that they don't, as our resident perma bear said earlier, fold like Predictive Bioscience (whoever they were)

[winner69]

If any doubts about how cheap PEB is heres a good table from http://www.interest.co.nz/opinion/68...e-awkward-suit

[Harvey Specter]

The management has hinted at several huge development that are possible this year:

1. CMS coverage
2. Significant sales volume this year
3. Additional products
4. Take-over offer

These provide the upside.

Why are people so obsessed with the NZX50 listing?

This limits the downside, in the short term, which given the potential for upside, derisks the investment. I dont expect a large increase but beleive it puts a floor on the price.

If any doubts about how cheap PEB is heres a good table from http://www.interest.co.nz/opinion/68...e-awkward-suit

The US comparive is a bit misleading as it is comparing predominately established low growth companies (Mircosoft, Oracle, etc) with early stage growth companies.