PEB - Pacific Edge Ltd

[winner69]

Can we safely assume your break even point lies somewhere in the 1.10 to 1.50 range. Suppose its not really any of our business but it remains interesting nonetheless. Im sure you will get your wish before long, hang in there, Winner

No just trading price at the moment mate. Jeez the 150 was the time to sell, just like the Chairman

This current trade started a month r so ago at sub 70 cents

Got a bit touchy at times but hanging in there. You never know it might even be a multi year trade if the price keeps going up and up, doubt it though

Go PEB, go

Edison report soon, hope so

[NT001]

I may be completely wrong, but I just think that with all the IPOs of new-tech companies and energy SOEs recently there's not a lot of money left sloshing around in the market looking for that kind of home, and it makes things difficult for the likes of PEB, ATM, SML etc even if they come up with decent results. The NZX50 hasn't risen much lately and if you strip out the recent rise in energy shares there's not really any sign of extra cash in the market. New software shares have sucked up a bit of money but I suspect that for bio-tech shares it's a question of being very patient and not expecting much until they start paying dividends, which won't be soon. Brokers reports aren't likely to change things very much, partly because their timelines are often 1-3 years away, nor are exchange rates. All this is IMHO as a longterm investor. It stops me lying awake at night worrying about daily SP movements (or lack of them).

[Carpenterjoe]

Edison report is out.

[Minerbarejet]

There you go Winner, 1.16, mate. Its all go, soon

Gives some additional credence to FB as well.

Looks like Newguy has good ears too re CMS

[Minerbarejet]

Thanks Miner!

Silly question - but how do plebs like me access said report?

Google: Edison Investment Research, Latest Research, Pacific Edge.
Then set up as a google alert or bookmark or create shortcut.

[sharp]

http://www.edisoninvestmentresearch....CT=18&ID=12799

[Longhaul]

I know we can all read (or at least I hope so), but the sales windfall relating to CMS coverage (page 7) was especially interesting:

"CMS1 (Center for Medicaid and Medicare services) and Veteran’s Administration (VA)2


CMS coverage is paramount to successful commercialisation in the US. The reimbursement and approval process for Cxbladderdetect is underway and CMS and Pacific Edge management believe the conclusion of negotiations will likely occur later this calendar year or in the early part of 2015.


Currently tests are being processed and invoiced. Once negotiations on a contract are complete, these can be billed, at which time we can expect a sales windfall for Pacific Edge as the backlog is processed. Advanced discussions are also underway with the Veteran’s Administration (VA)."

[Minerbarejet]

you've lost me here Minor - is there some news?

Not news per se - just a reference to Newguy who quite clearly heard DD say that CMS coverage wouldnt be out until late this year or early next and had the balls to say so on this thread and stick by it. Now verified in the Edison Report

[Minerbarejet]

Well I hope Pacific Edge didnt pay too much for that. Havent even got the right number of shares in issue.
Werent we at about 318mil shares after the rights issue last Nov?
Have a lovely day

[winner69]

There you go Winner, 1.16, mate. Its all go, soon

Gives some additional credence to FB as well.

Looks like Newguy has good ears too re CMS

I prefer the $3.91 target on the sensitivity target

Mac will not be happy as miles away from his $1.70 odd but then some very conservative assumptions by Edison

Rumour has it that a couple of major investors asked for this report and whether they went ahead and commissioned it themselves or got PEB to do it I can't ascertain