PEB - Pacific Edge Ltd

[Dentie]

10am. Couldn't get info from asb. Sharetrader was overloaded for a bit and i couldn't get on.

Yeah - they seem to be pointing at "NZX market data issues" ... but Mr T says DB all okay...time to change maybe?

[couta1]

Yeah - they seem to be pointing at "NZX market data issues" ... but Mr T says DB all okay...time to change maybe?

Sounds like ASB sucks can't speak highly enough of my time and dealings with DB

[Xerof]

I'm also surprised by your pessimism Hancocks. The foot is in the door and I believe there will be a tremendous snowball effect over an 18 month period or so. I'm happy to be of the same mind of the big boys. Both SALT and W/pac have been accumulating on the dip.

FFS, Salt and Westpac are reporting the same holding - they are related parties

[Schrodinger]

"Our goal of attaining a business with a Gross Revenue of $100 million remains our target and continues to be readily attainable."

Note the change in goalposts. No mention of when just a vague statement that says in 5 years time. I see what they are doing is shifting the 5 year window sideways. At this rate they will hit $100M in 2050. Also interesting to note they gave no forward guidance of expected revenue in 2015 by sales range. This indicates to me they have no idea of uptake and it could be any figure. Most credible companies give some indication of sales range for next year. i.e. we expect revenue to fall between XXX. Minimal uptake in the US as expected.

Could not find US sales numbers which are hidden in consolidated. Whats to say they sold 100% in NZ and nothing in USA.

[couta1]

this is looking really bad

Deadwood and trader shakeout today leaving only those committed long term remaining,sounds fine to me

[Schrodinger]

$0.93 and falling

[AndyLP]

Schrodinger it's on page 4. $95000 worth of sales in the United States. At 550 per test that's about 170 tests. Market will hate it

[Schrodinger]

Show me the US sales numbers NewGuy.

[Schrodinger]

Schrodinger it's on page 4. $95000 worth of sales in the United States. At 550 per test that's about 170 tests. Market will hate it

Thankyou. I will look into this.

[russbus]

Yeah - they seem to be pointing at "NZX market data issues" ... but Mr T says DB all okay...time to change maybe?

I think it is, I have had the DB application pack all filled out on my desk for months now so it wouldnt take much