PEB - Pacific Edge Ltd

[Longhaul]

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

What I'm interested in is how many organisations/urologists are involved in the user programme and are the user programme tests free? They could be doing many more tests in the US than the $95,000 represents, and provided the users are convinced of the test's effectiveness they should continue to use it and start paying.

Feels like it could be a similar situation Xero faces in the US. It takes a lot of energy, time and money to get the ball rolling but when it does it picks up momentum far greater (we hope) than in other markets.

Oh well, time will tell. One thing that investing (or is it speculating?) is teaching me is patience!

[Longhaul]

the company finished many user programs over 6 month.

How many? Any figures?

[JohnnyTheHorse]

the company finished many user programs over 6 month.
This company is valued at 350m and can only produce 500k in sales after 9 months of intense marketing and user programs.

Hope you followed your own rules and sold your 'free' shares when it broke $1.

[Schrodinger]

Interesting looking at the board its filled with Kiwis and an Australian. I would expect them to have a very influential USA director to help with the USA market. Not doing the basics well. PEB need to start thinking like an international business and not like a NZ centric one.

Go and check the board of Diligent and Xero etc. They have influential USA directors that can grease the wheels.

[AndyLP]

So can I take it that there was no forward guidance for sales in 2015?

No guidance beyond CS saying that demand was strong for cxBladder.. and that he was delighted by the commercial uptake. Baffling stuff really.

[JohnnyTheHorse]

sold @ opening this morning could not believe my luck that I got 95cps.
Still like the company but it is way over valued at 95cps.
will be looking to get back in at a far better price.

Good stuff. Can only see this drifting lower and lower from here. There will need to be some major announcements (bigger than the one the other day, market didn't really like that one eh?) for the trend to change.

[Dentie]

Actually quite surprising at this early time of the day...thought it would be down to 75 - 80c by now but recovering a wee bit...I'll look in again at 5.10pm.

[Casino]

Good stuff. Can only see this drifting lower and lower from here. There will need to be some major announcements (bigger than the one the other day, market didn't really like that one eh?) for the trend to change.

They predicted CMS coverage in early 2014 and have yet to deliver. That's disappointing but I hope we'll see that come through this year. The low initial sales don't worry me as much as the over-promising.

[biker]

I think the company could now be at a rather vulnerable spot for a buyout. Everything in place except sales, (which are in their infancy but with no reason not to grow exponentially), the market weak, tentative and disappointed.
Meanwhile the future wealth of the company continues to transfer to the patient from the impatient.
Yawn.
Disc. Hold quite a few so I'm biased.

[JohnnyTheHorse]

They predicted CMS coverage in early 2014 and have yet to deliver. That's disappointing but I hope we'll see that come through this year. The low initial sales don't worry me as much as the over-promising.

They say CxBladder will be fully launched in Australia and Spain in just one more year every year too. Still no signs of that happening. I get why they are focusing on the US, but they are failing to deliver in several areas.