http://jobs.newscientist.com/en-gb/j...nical-manager/
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We get such little news out of PEB directly that we investors seem to cling to you tube and job advertisements for hints of what PEB are doing out there in the world.
I genuinely hope this becomes a matter of discussion at the AGM on the 22nd August.
Don't get me wrong, PEB are a fantastic company with even greater potential and I’m well invested, but it is like trying to see inside a rock at times ?
I see them as in a dedicated sales drive mode at the moment, so I say leave them to it. Material announcements seem to always come out on time so I aren't concerned about lack of news right now. I will be concerned if there are no sales announcements by the end of say next month though!
I think you're right Bobbles we must be patient, recognise also that the information void is not all PEB's doing.
Those of us that like to research don't find much about cxbladder progress or penetration on industry (urologist) forums, so there is generally less information out there to routinely assess risk then there may be for many other NZX companies.
Ongoing risk assessment being compounded a little also by PEB advising they have a sales target but not announcing that target.
I fully understand the reasons why it has not been practical for PEB to provide FY13 numerical guidance, but there should not be the same reasons for withholding FY14 guidance, perhaps at the AGM.
I would be very suprised if the company announced any sales figures outside of the annual or interim results. They won't want to give the competition any more information than they have to.
I see one of the resolutions at the AGM is to increase the Directors fees from $120,000 to $172,000. Given the progress over the last couple of years I think it's a reasonable call. Hopefully it's a sign that the Directors are confident that things are on track.
Gee, looking at the depth...nearly 800k selling and only 48k buying. Seems everyone is waiting for the AGM and sales data. Hope the price doesn't drift too low in the meantime (currently .58)...that might have the effect of accidentally triggering a great buying opportunity for others.
Well 58 should act as a very strong support. If it breaks through that then it would be busting through a support line, 200dma and break out of a Bollinger squeeze. That would potentially be very bad for us holders! The stock just needs some good news and attention to break it out of this holding pattern (i.e the AGM).
:)And on no news it goes sideways.
I was in and out of this earlier this year and put proceeds into OXX at 18c which I withdrew at around 35c (Lucky punt). Any weakness in price and I'm back in ;)
Could agree more Hancocks. How were the seismographs around Darfield, Canterbury looking in August, early September 2009? I work with FX traders and charts are IMO only really useful when the market is hyper-liquid, eg FX. For NZX equities I see little value in looking backwards.
Has anyone any research on the market penetration of NMP-22 ?
http://bladdercancerfight.blogspot.c...ml?q=cxbladder
Many thanks Hancock’s, found the link, it does seem to be a tough market to assay without procuring one of those $3000 market research reports. I'm off to the AGM next week, hopefully to return with some level of confidence that cxbladder is indeed a saleable product.
[QUOTE=MAC;421834]Has anyone any research on the market penetration of NMP-22 ?
http://bladdercancerfight.blogspot.c...ml?q=cxbladder[/QUOTE]
A quote from this: "Cxbladder results anticipate those of the NMP-22 by about 60 days"
Seems like a pretty good advertisement for Cxbladder right there...
Hi everyone, I am new here!
I hold a small PEB parcel, looking to pick up some more. Not sure if I should wait until after the AGM though?
I feel as though we have seen consistently positive news lately but it is not translating to any positive price movement. Unlikely to get solid sales data at the AGM, so is it likely that the AGM will affect the stock price much at all?
Welcome aboard meister - I'm not an analytical investor but have bought into a 5 year plan, sales have only been live for a few months by AGM so they have probably sold a few units but PEB have a very strategic roll out which at this stage is relationship building in the USA not instant sales. This stock will be $5 within 5 years just buy and let the PEB crew do their magic.
Just my view
PEB claim to have the leading product in the market ahead of their immediate competitor in NMP-22, and there is some feedback now from the market to support this position. The immediate questions ahead, as PEB seeks to de-risk, are;
1) Will the cxbladder price point adequately entice US Urologists to switch to cxbladder ?
2) Are there barriers to entry that may hold cxbladder back, eg:
a) It's clear patient’s and health board's will benefit from cxbladder in health and cost, but will Urologist practices make more or less on their bottom line if they switch ?
b) NMP-22 has been around for a long time now, loyalties may need to be broken ?
My feel is that this particular AGM is a critical one in testing the “saleability” of cxbladder, without clear guidance from PEB on the above it may be that we see the SP correcting heavily.
A positive report (numerically and/or commentary) on first quarter US sales may partially de-risk the venture and the SP may equally rise significantly. My fully de-risked present valuation for PEB is $1.25.
My advice is to wait for the AGM presentation and announcement.
Someone's keen! Took out 330,000 shares all the way up to 60 cents. I like.
Looking very interesting, not sure I will be getting much work done for the rest of the afternoon, refresh button, refresh button.
Wouldn't getting in after the announcement better? More in depth detail in regards to sales...
Reads like someone has picked up some titbits of news about PEB and CXxBladder and wants in.
If the shares are going to go to $10.00, who cares about paying 3 cents or 4 cents more?
****** ******
removed names incase they do not want to be identified.
The 60 cent linefeeder is still there. As you were.
I added today though
:)well this thread has certainly woken up today.
Interesting parcel sizes:
21 2:40:30 pm 60 4,777 $2,866 2 20 2:40:30 pm 60 223 $134 3 19 1:52:41 pm 60 27,000 $16,200 4 18 1:45:12 pm 60 4,000 $2,400 5 17 1:29:20 pm 60 17,777 $10,666 6 16 1:29:20 pm 60 2,223 $1,334 7 15 1:24:47 pm 60 10,000 $6,000 8 14 1:21:25 pm 60 10,000 $6,000 9 13 1:15:27 pm 60 2,777 $1,666 10 12 1:13:12 pm 60 7,223 $4,334
Makes it look like there's one big buyer here. Big seller still in the midst though.
The main buyer was earlier than that - took everything from 57 to almost all of those available at 60 at 12.56.44pm
the rest are since that first burst of buying, in small parcels, and each buy is split due to the residual odd lot carrying over from each offer at 60.
eg I bght 20k, but its in two parcels
.....you guys missed all the action at 1:06 today. One buyer took out a single parcel of 333,333 shares in one hit.........WHAMOOOO! (not sure what the significance is of all the 3's?....maybe it's an asian thing.....ie an 8 cut in half?......sorry best I cud think of today)
Come on. That just because that big buyer spent 200k
Man,for the amount of posts ,this share has'nt move much above or below the 60 range--been gone 2 months and its like coming back the next day.
All good things come to those who are patient, PEB have good management and a well considered product.
The preliminary ducks are in a row, superior technology, all international laboratories now operational, sales staff appointed and underway.
All that is now required is evidence for shareholders and prospective holders that cxbladder sales have commenced in earnest and the business may thus de-risk very quickly, the SP may then rise appropriately.
Let’s see how it all goes on Thursday at the AGM.
The Bollinger bands have been contracted for quite some time now, next trend going up or down? :)
We would all be quite interested in your assessment Baller, which direction do you think and why, do share ?
I think the uptrend will depend on sales, so the Bollinger bands could still be contracted for sometime.
An uptrend could be established after the announcement, but it'll be small uptrend, till sales get rolling...
Once again, depends how the market takes the future of sales, so could spike a big uptrend..
We should all know more tomorrow.
I'm more interested as an investor in primarily receiving FY14 numerical guidance, some feedback on the roll out of the well considered US sales strategy, how many DHB type organisations have been signed up, and advice on any potential tail or head winds.
Short term moves in SP are of no real consequence in the big picture if the growth story remains intact. Would you agree ?
When is the announcement date again? Cheers!
......surely the 333,333 buyer the other day must know something??
Is anyone going to be at the AGM that can update this forum?
Heres hoping PEB stands for Price / Earnings Blowout. :)
......yes you can safely do that mate (or matess?)........I wish, but after having banked some seriously good profits from PEB I got carried away at 75c again and so Im now sitting on a loss (albeit small compared to my profits).....so Im "hand-sitting" watching and waiting for the next spike upwards.......maybe tomorrow ah??
Hancocks, expecting you to sidle up to the Sales Director at the after-match function, and report on the juicy snippets though
:):)
A good parcel snuck out at 58 earlier, before being taken up to 59 again. Certainly yesterdays sudden enthusiasm bought out more sellers than buyers.
I keep nibbling away under 60, but am wary of the distribution going on
Bare in mind that a lot of sellers had withdrawn their orders at 60 cents to ensure that they didn't scare the buyers. Naturally they were going to put their orders back in once the SP hit 60 cents again. OBV has shown a slight sell down in the last couple of months, but certainly nothing major. It has spiked upwards in the last few days.
If there is major good news tomorrow, then I wouldn't be surprised to see PEB at 80-90 cents within a week. I'm sure many traders have had major success with PEB before and will push it far again if they see the opportunity. If there isn't anything major announced, then I guess it's just business as usual :).
Looking at the PEB approach they undersell what they are doing ie not hype -my view is they will come out with the facts of what they have achieved in the states so far would only expect tiny revenue but if the updates come on who they align themselves with to date and the level of client base those firms have it will give us an indication of their traction.
We would expect updates on products near to market also to stimulate interest.
I await with interest
Hope all you PEB fans attending today's AGM have a great time in Dunedin. I attended last year's but not this year unfortunately. Let's hope the news is as encouraging and "on target" as it was this time last year.
Enjoy yourselves!!
We will all be interested to hear how it goes.
no leaks so far - must be a tight ship they are running.:)
I suspect that the SP has been stagnant as most fund managers want to see what the US progress is like before they adjust their holdings accordingly. Hope they do update us on how it is going (although it is still extremely early in the scheme of things), although if they don't I'm sure the mood or tone of the meeting will give enough away.
Urin the right place to ask themQuote:
I have a few wee questions.
:t_up:
....not too shabby Xerof. Im just a little peed off I cudnt make it to the AGM.http://www.sharetrader.co.nz/images/icons/icon9.png
probably hoping for the instos to dive in. :)
We need a ST member live tweeting from the AGM aye....will be watching the price very carefully over the next hour!
let the games begin - good luck guys
Do you guys expect the AGM to go well?
yes IMHO and would expect things to be really humming this time next year if it is a positive outlook
Well the AGM is yet to provide confidence to the market:
Buyers - 38,743 @ 57cps and under / Sellers - 818,539 @ 58cps and over
Although one of the sellers is 250k at $1.20, so that portion can't really be taken into account so much.
I'd like to think the 250k seller will achieve his sale late today or perhaps in early trading tomorrow .....lol.
Somebody bought 20k shares @ 58cents from a limit seller during the AGM and no other sellers nor additional sell-side depth built during this time so that's better than nothing :)
if you look at the depth - the way they are stacked up looks like a lighthouse - is this an omen:eek2::eek2::scared::)
on the sell side
True - but now there's a seller at 135!
Pacific Edge didn't present anything particularly new at the AGM. No sales guidance past the 100mil 5 year target. Darling did talk about a collection of urologists they "expected to bring on board soon" in the US.
Its just all systems go really, Darling responded to a question about sales staff that he expected to have 20 sales staff in the US alone when things hit "full noise."
Will have a better expectation of where they are on the growth curve by the end of the year.
Cheers.
Thanks Andy, nothing to send price skyrocketing yet, steady as she goes.
Meeting got off to slow start,
was packed small seminar room had to bring in extra seats at last moment.
No sound on PowerPoint, 20 mins of waiting for sound. almost felt sorry for them.
No new news, recap of year, outlook good but no sales / numbers yet. Cranking up US sales force etc.
2014 will be the year, End of 2013 should have produced initial US sales.
Talking to more DHB's who see CX as way of saving money by its being more accurate and cheaper than full clinical testing they do now on suspected cases .
I like PEB story just need to see some sales before I invest any more in their potential, definitely not selling.
ODT reporter / photog there so check tomorrows ODT for more detail.
thanks for the information guys and guyesses- anything re nz aus or spain sales?
I agree, there was no substantially new news from what has previously been presented. It seemed to be an AGM for providing confidence, and I thought that the sales strategy presented earlier in the year was confidently affirmed.
There we're four hybrid products of cxbladder presented to accommodate 8 prospective applications up from 4 identified earlier in 2012.
David Darling advised that PEB are still "on track" in meeting the $100M rev target in year five. He reaffirmed his previous position that we will receive sales advice "later in the year".
He stressed the high revenue margins per sale and said it was just a matter of getting lots of tests performed. He also suggested though that the US price point may be US$550 which I understand to be at the lower end of the previously advised range of 550 to 630, I've used 550 in my modelling so no impact for me.
I was left with no specific reason to doubt that PEB will go forth as planned.
I'm looking forward to the half year report now and suspect that the market may now start to price in the forward sales curve as we approach HY14 reporting in 3 months time.
As others have mentioned things seem to be on track. David Darling commented that signing up one of the big US lugs could be a big change for the company.
Hopefully they sign one up soon, plus some more DHB 's.
Some interesting comment regarding any possible takeover bid. Defiantly not signalled but I got the impression that if one did come it would not be a total suprise.
I will wait for my buy then :D, no hurry to get in at the moment.
Thanks so much guys!!!
David Darling explained that each US LUG was larger than all the NZ DHB's combined, he seemed genuinely excited by the prospect of a LUG sign up, anyone recall his exact words, it would be a 'ground shaker' or something.
Anyway, I guess that it could happen at any time, but his sudden burst of energy whilst he was explaining it made me consider that it could possibly be sooner rather than later ?.
thanks to everyone for the detailed feedbacks - almost like being there:)
Hancocks,
For one who doesn't post a lot, you always write something worthwhile reading! Thank you for a comprehensive report on today's meeting.
Like you, I am comfortable with David Darling not giving financial projections, with the nature of this business in particular, perhaps the less made public, the better.
If discussions at the AGM were not doom and gloom then just keep doing what you're doing.
Well guys ,with all due respect ,after the big ramp up to the AGM its still ''steady as she goes"
I believe this is a good company but personally think the 'getting ready to take off like a rocket' is not the case here,...anymore.IMHO its will be a slow process,until hopefully it will finally get to a slow,but good growth phase.
After the initial ''take off'' phase driven by projected potential it certainly appears to be settling in for the long haul.Everyone would like to see another Ryman Health type chart and heres hoping,but patience is virtue as they say.
0 to $100m in Revenue in 5 years isn't exactly slow. Would almost compete with XRO if you ignore all the years it's taken them to get started.
The only difference in my mind is XRO is lead by an entrepreneur/salesman and the other is lead by conservative scientists.
It they do sign up an American health Board, its all go.