sharetrader
  1. #17051
    Advanced Member
    Join Date
    Jul 2015
    Location
    Napier
    Posts
    2,019

    Default

    Quote Originally Posted by Nigelk View Post
    I see PEB and my few other biotechs (all on the ASX) as speculation, not investing.
    At circa 3% of my portfolio that's OK.
    They will never have traditional growth curves.
    The process is always (at least) twice as long and twice as expensive to get FDA approval (or similar, as in this case ), or commercialisation as you'd expect, even based on the most conservative estimates.
    If PEB completes LCD inclusion and gets full reimbursement for CMS tests done to date, and does a similar amount of CMS tests per year @ USD$760 x 15K = NZD $17M and have a similar amount of business in NZ and other markets per year as they do currently, they'll grow revenue by circa 8X.
    So imagine what the SP would be with that revenue, plus the future potential?
    Investing in PEB is easy.
    Either (a) put in a sum you're willing to risk, forget about it and hope it becomes your winning Lotto ticket eventually.
    Or (b) say you don't accept the risk of this type of firm, so don't invest.
    Or (c) invest, then get angry and anxious like most disappointed investors here.
    There are two good options.....
    Comparing it to lotto is as close as you will get I believe

  2. #17052
    AWOL
    Join Date
    Sep 2012
    Location
    Vacation
    Posts
    2,782

    Default

    Does anyone out there have any idea what this company would be worth if they managed to convince:

    1 person in a hundred in the United States

    of the 800,000 who are being monitored for recurrence of bladder cancer

    have had surgery and after two clear rounds of monitoring cystoscopy that a CXBladder Monitor test would be a heck of a lot more comfortable, time saving, cheaper, just as reliable and could be used over the following 4 years of monitoring as set out in clinical guidelines?

    1 person in a hundred

    Raises the question: "What are the other 99 going to do???"

    Be uncomfortable, waste time and cost more. A lot more.

    Also raises another question: "What is that 1 person in 100 going to do?"

    Going to tell others with the same problem and with the internet it could spread very rapidly.

    And what are the other 99 going to do when they find out??

  3. #17053
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,481

    Default

    Quote Originally Posted by Ggcc View Post
    Comparing it to lotto is as close as you will get I believe
    That's an insult to lotto.

    Lotto is totally transparent, punters are kept fully informed and surplus funds are 'donated' to worthy causes.

  4. #17054
    AWOL
    Join Date
    Sep 2012
    Location
    Vacation
    Posts
    2,782

    Default

    And that is an insult to PEB that is trying to provide better outcomes for people with serious cancer based problems rather than being a vehicle for removing prepaid welfare funds from the gullible and back into the Govt coffers.

    For goodness sake, Balance, keep up.
    We are nearly there.
    Just a few more million should do it.

  5. #17055
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,481

    Default

    Quote Originally Posted by Minerbarejet View Post
    And that is an insult to PEB that is trying to provide better outcomes for people with serious cancer based problems rather than being a vehicle for removing prepaid welfare funds from the gullible and back into the Govt coffers.
    Quote Originally Posted by Nigelk View Post
    Investing in PEB is easy.
    Either (a) put in a sum you're willing to risk, forget about it and hope it becomes your winning Lotto ticket eventually.
    Or (b) say you don't accept the risk of this type of firm, so don't invest.
    Or (c) invest, then get angry and anxious like most disappointed investors here.
    There are two good options.....

    Suggest you take up the lotto analogy with your fellow PEB investor, Nigelk.

    Some of us are too busy making $$$$ with Serko, ATM etc to play with lotto-type stocks!
    Last edited by Balance; 30-06-2019 at 09:54 AM.

  6. #17056
    Senior Member
    Join Date
    Sep 2002
    Posts
    545

    Default

    Quote Originally Posted by Balance View Post
    Suggest you take up the lotto analogy with your fellow PEB investor, Nigelk.

    Some of us are too busy making $$$$ with Serko, ATM etc to play with lotto-type stocks!
    I haven't followed SKO for vey long so can't comment, but I think it is fair to say that ATM was a lotto-type stock not that many years ago... and that some clearly picked the right numbers back then... 🙂

  7. #17057
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,481

    Default

    Quote Originally Posted by BigBob View Post
    I haven't followed SKO for vey long so can't comment, but I think it is fair to say that ATM was a lotto-type stock not that many years ago... and that some clearly picked the right numbers back then... ��
    Suggest you read up carefully and diligently on ATM and I think you will find a gulf of difference between PEB & ATM in how directors & management keep the market and shareholders informed and up to date.

    As I have written, Lotto is totally transparent while PEB has been ????

    Tens of thousands of tests, fictitious sales, user programs mysteriously going nowhere after being hyped up etc etc etc.

  8. #17058
    Senior Member
    Join Date
    Sep 2002
    Posts
    545

    Default

    Quote Originally Posted by Balance View Post
    Suggest you read up carefully and diligently on ATM and I think you will find a gulf of difference between PEB & ATM in how directors & management keep the market and shareholders informed and up to date.

    As I have written, Lotto is totally transparent while PEB has been ????

    Tens of thousands of tests, fictitious sales, user programs mysteriously going nowhere after being hyped up etc etc etc.
    I was not referring to your continuous blatherings about PEB, nor to ATM's quality of directors and management, but rather to Nigelk's comment about a lotto stock being a stock you "put in a sum you're willing to risk, forget about it and hope it becomes your winning Lotto ticket eventually"...

    But I suppose you knew that, but just couldn't help yourself having yet another dig... 😉

  9. #17059
    Senior Member
    Join Date
    May 2012
    Posts
    941

    Default

    Balance ... firstly, I'm surprised you are still out there trying to make money and, secondly, if I'm wrong and you've already made it then I wish you would put some of it where your mouth is and sue the Directors of PEB for (in your view) being dishonest and misleading etc. Just think, if the Court agrees with you, you could hold them personally accountable.

    I'm just sick of the broken record.

  10. #17060
    Advanced Member
    Join Date
    Jul 2015
    Location
    Napier
    Posts
    2,019

    Default

    Quote Originally Posted by Dentie View Post
    Balance ... firstly, I'm surprised you are still out there trying to make money and, secondly, if I'm wrong and you've already made it then I wish you would put some of it where your mouth is and sue the Directors of PEB for (in your view) being dishonest and misleading etc. Just think, if the Court agrees with you, you could hold them personally accountable.

    I'm just sick of the broken record.
    Did nothing for the directors at Wynyard, so it might be money lost as well. It is best not to throw good money after bad money

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •