CDY - A Hair Raising Stock

[Minerbarejet]

Now the CEO of Cellmid is buying more shares.
Announcement after close on Friday last week.

That 1m that Eck plonked down was USD as well which converted to 1.3m AUD

I don't think people do this without some idea of whats going on.

[cammo]

Yeah but we lost the ten bagger early ride gig , which really pisses me off. Sat in my seat hoping for a rocket for 6 years. Now after all this time be lucky to see a 2 bagger over the next short time. Still has to go to 55 cents to get back to break even.

[airedale]

Hi Cammo, importantly.....after using the product, did it work ? did it make hair grow? Because that is what will ultimately move the SP.

very annoyed at what theyve done here. Held for 7 years and used as well. Even offered to get them started here all that time ago. Hurry up and get a decent announcement out to market so i can walk away with more than 80% of what i put in here all those years ago. Soo angry maria.

[Minerbarejet]

Yeah, cammo, we are all a bit frustrated with this Evolis business but Miss Clever Clogs has been busy getting the YPB platform set up for the products.
Quite a clever arrangement actually where the customer eager to know if the product is genuine scans a patch on the container with their phone app.
Results in Customer contact information for continuous customer service heading to Cellmid/Evolis/Advangen.

I suspect this is why retail has not been launched in the States, only online stuff currently.
They did not want to have retail customers stranded without direct access to the evolisprofessional website which is being redesigned.

There is more to this than a few bottles of hair restorer/reviver/regainer.
They are going down the full customer follow up online service for full advice and follow up for results.
Plus a hands on "try before you buy" store in the Ginza.
Other stores may follow elsewhere as this concept has been very successful for the likes of Ulta and Sephora.

No doubt Mr Eck of Ulta likes what he sees and has put his money in.

[Minerbarejet]

Yeah but we lost the ten bagger early ride gig , which really pisses me off. Sat in my seat hoping for a rocket for 6 years. Now after all this time be lucky to see a 2 bagger over the next short time. Still has to go to 55 cents to get back to break even.

Nearly there, Cammo.
If it keeps going up at this current rate you should have your 10 bagger by next Christmas

[traineeinvestor]

Nearly there, Cammo.
If it keeps going up at this current rate you should have your 10 bagger by next Christmas

It's certainly been a lesson in patience for shareholders. I remain optimistic.

[cammo]

I await further news. Should have traded all those nice little rises back when...2.5-3c flips. $4 by EOy? Really? What star alignment? Soothsayer.... please elaborate!

[Minerbarejet]

IF it rises at the same rate as is currently happening, for the rest of the year.
Somehow I feel this is not going to happen, but an improvement overall is always on the cards with this gem.

[Minerbarejet]

CELLMID QUARTERLY OPERATIONAL UPDATE

SYDNEY, Tuesday. 9 January 2018: Cellmid Limited ASX: CDY) (the Company), provides this quarterly operational update and advises that it has achieved all of the targets foreshadowed in its market release on 25 October2017 and listed below.

• The QVC Japan 'million-dollar days on 21 December 2017 has been an outstanding success. Official sales figures are due this week and sales for the second quarter of FY2018 are expected to be released in the coming days.

• The Advangen concept store was launched on 25 October 2017 with a well-attended public relations event, followed by several articles on Advangen's technology and products in local publications. Located in Tokyo's prestigious Ginza Care shopping centre, and providing hair analysis services in addition to selling products, the retail store is also co-promoted with QVC.

• The Company signed up with its second US retail partner. Soft Surroundings. There will be an online launch initially in a similar path to Neiman Marcus. Established premium retailers require new brands to perform online before they commit to the risk and expense of major store launches. Although this takes some time, it also protects the Company by entering into the complex and competitive US market at a relatively low risk. Consequently, we will continue to pursue this strategy in addition to other channels.

• The évolis Professional range was launched in Australian salons in November 2017 and early sales commenced immediately to existing customers, in addition to signing new accounts. The roll-out, primarily through wholesale relationships, will continue in 2018. The Company will engage a small sales force in 2018 to optimise return on investment in this channel, as sales are expected to increase gradually.

• The first stage of the new global évolis website has been completed, and it is currently being tested offline to ensure that all functionalities are performing well. Our expert internal and external teams are committed to ensure that, once launched, the website will deliver on the promised improved data management and marketing capabilities.

• The 'in live' phase of the FSGS (kidney disease) studies at the Westmead Institute was completed in December 2017 and tissue and blood data are currently being analysed by the team. There is early indication that one of the Company's antibodies, not previously tested, is showing efficacy in this model.

In addition to the important milestones above the Company has achieved key corporate outcomes and continues on the path of building its balanced portfolio of life sciences assets as follows:

• The Company has executed a 20:1 consolidation of its capital with strong support from shareholders. Whilst early benefits of the consolidation have started to show already, we expect that these will become even more evident as the underlying assets of the Company continue to appreciate.

• The Company and its évolis® Professional products were featured in WWD, the leading industry magazine for retailers, in a seminal article on product trends in 2018.

• The Company signed an agreement with YPB Limited, an Australian company specialising in product security and customer data acquisition and management. The relationship with YPB will be critical in the Company's évolis® China strategy in 2018 and beyond.

• Since its Neiman Marcus online launch in September the Company has shown strong performance with the retailer and has been invited to submit its strategy for roll-out of the évolis® Professional range in stores throughout the US in 2018.

• The Company presented at the World Congress for Hair Research in Kyoto in October 2017 establishing relationships with leading hair researchers from Japan, the USA and Europe.

• The Company received its R&D tax credit of $947K, further strengthening its balance sheet. This is in addition to the strategic investment by Dennis Eck and support from existing shareholders, which resulted in a capital injection of 1.3 million in December 2017.

[cammo]

Second quarter 2M plus...hmm. The ball has started to roll.....might sit on my sell finger a bit longer