Perhaps the word " ability" would have been better and with the rider of " provided it is used at the recommended rate"
Note the use of the word "exciting", must have been talking to PEB:)
Printable View
Evolisproducts.com.au for the products. From an absorption standpoint the topical solutions are the go. Ethanolic solution .....so go easy on it if you are going out on the Turps....might affect your breathalyzer reading. The shampoo is just an add on.
Cellmid has just announced appointment of new Director - Fintan Walton.
http://www.asx.com.au/asx/statistics...idsId=01642734
“I am very pleased to join Cellmid at this exciting stage of its development, when the
Company is poised to deliver value out of its intellectual property portfolio around
midkine, as well as its FGF5 inhibitor technology” said Dr Walton.
Fintan is founder and MD of UK based PharmaVentures Ltd.
http://www.pharmaventures.com
Global expertise in pharma M&A and licensing
Not hard to reason that value soon to be found here
All this excitement here, there and everywhere is making me dizzy.
But seriously, the board and management has some more extremely well qualified members with excellent connections now.
The next year should be very very interesting for midkine and its antibodies as well as the FGF - 5 inhibitor hair tonic/shampoo.
Get the feeling they are going to licence or JV bits and pieces and have multiple revenue streams. This latest guy to join in has the background for it.
Up 8% since the announcement. Looks like 1 mil just went through at .038.
3.10pm:)
Link to a study of Midkine and alcoholism.
Another segment of exploration for Cellmid perhaps, as it owns most of the Midkine Patents.
http://onlinelibrary.wiley.com/doi/1...13252/abstract
The market seems to like the recent announcements of new board members being appointed.
Will be interesting to see what effect they have on the direction the company takes from here.
These are observations, not financial advice.
Should I sell or buy more?
Ha! Can't sell, Trading Halt Pending "announcement"
Announcement:
http://www.asx.com.au/asxpdf/2015072...2j0ykp1s18.pdf
A capital raising... hmmm....
They had 1.7 million in cash at the end of the last quarter, so I guess the coffers are looking a little bare for their planned Evolis expansion (advertsiing campaign etc) plans...
Wonder if they will be issuing shares or options?
Have to wait and see. Could be anything involved, sophisticated investors, Walton getting a stake maybe there could have been a hint in his zero declaration earlier, part sale or joint venture utilising Advangen. Sounds like a BIG push is in the works and in the near future.
From Hot Copper, apply NaCl
"I have heard a whisper of 100m shares will be issued at 3c facilitated by KTM Capital. Significant backer of the CR includes Ellerston Capital. To add ..... Mr Sugar may have a role in the upcoming US OTC distribution arrangement."
Ellerston Capital = James Packer
Anything is possible I suppose.
Potassium chloride is better than sodium chloride as it has a lesser chance of cardiovascular disease and hypertension. It's the smart man's salt.
From the release today:
"Under the Placement, approximately 133 million fully paid ordinary shares will be issued at a price of $0.03 per Placement Share, representing $4.0 million."
http://www.asx.com.au/asxpdf/2015073...tkdpztl9td.pdf
Disappointing that they didn't open this up to the smaller retail investors - I would have loved the opportunity to buy some more at a discount. :(
I guess they didn't consider it worth the extra effort and cost given they had sufficient interest from 'sophisticated' and 'professional' investors.
In any case it sounds like the money will be put to uses that will likely drive further revenue growth, so I can't complain on that front. :p
I think its quite good actually: quick, simple and at a decent price. I actually don't like it when they include retail investors because it usually takes a large amount of time and has a great impact on the price while it happens. Look how CDY performed in the past when they included retail investors, the price took ages to recover or at a couple of NZX stocks like WYN and VML that have not even recovered from their capital raising and are well below in pricing. In this case scenario for CDY it has a quick impact of of course, price likely drops to 3.5 cents, holds at that support and likely goes back up after a while since theres now a secure future. I think any retail investor moaning that they would have liked to get it cheap, well unless you only recently discovered this stock its been trading well below 3 cents for ages and if you didn't buy during that time then why moan now. Its like a kid who didn't want the toy and when others start playing with it, they all of a sudden want it and cries if they don't get it. Just can't win from all directions.
Overall solid deal, I'm happy! Lets get this ball rolling and making some money!
You make some good points.
I am only moaning because I bought recently (within the past 2 weeks) and wanted to buy more at that price level, but didn't have the cash at the time.
Being able to get in on the capital raising would have given me more time to find some more funds and buy more of the stock.
As you say the price has dropped a bit after the announcement and I could buy in now at the same level as my first parcel of shares, which I am currently seriously contemplating.
I can't really complain at all. :)
Price is halfway back to where it was already. What a day.
No sign of a quarterly yet either.:)
quarterly released at 2.15pm.
Looks good, and includes this little tease:-
"The Company’s collaborations have been expanded with the signing of two material transfer agreements with undisclosed parties"
There is a lot going on behind the scenes. I just hope that (like last time) some of the "Sop's" don't flood the market for a pip or two. they will receive their shares next week so lets watch and see.
First time in the 2.5 years I've been invested in CDY that I've kind of felt comfortable post an event which normally will drag the price down and see it trend down for 6 months or so, not to say it wont happen but they just have so much on the go and such momentum building.
Be interesting to know how much the PEB royalty payment was.....anyone seen the amount of this payment anywhere? from the quarterly....."received a royaltypayment from its licensee, Pacific Edge, in relation to the Cxbladder® product. " My PEB investment did get me into CDY so hopefully the 2 will do me well....one day!
We will see how serious all these instos are about CDY tomorrow as their holdings are allocated.
Probably a few sops will sell down but it looks as if they might get soaked up fairly quickly. Hard to tell when the share numbers are so large but dont really amount to much in value.
Good to see it "regain" the .040 it had before the CR announcement in 3 days of trading.
some interesting stuff in here.
http://hotcopper.com.au/documentdown...OCuZlJ2%2Fk%3D
Well - does look like the cap-raise will hold back the sp
interesting that the options are not trading (last three days)
there is a special meeting in Sept to "RATify" the placement,
The world markets are having another 'glitch'
I see a drift back to/or near placement-price,
but there is now so much 'coiled'
I still want to be on this one as it starts to run. (IN ABOUT SEVENWEEKS?)
DYORIHNIWIATA
Ill have a go.
Do your own research including how no items written infer actual total affluence.:)
Waiting for Mr Fintan Walton with the excellent credentials to set things alight.
Not there for tiddlywinks, nor is Dr Bryce Vissel.
Finally got there. Do your own research, I have no idea what I am talking about. Hahaha
:)
Bingo. EAS has gone with CDY for the evolis brand launch into the US.
Multiple :)
Sugar Time!“We are excited to be working with Cellmid and see great potential for growth in
Australia and internationally in the months and years ahead” said EAS founder,
Edward Sugar.
DYORIHNIWIATA
(Do your own research including herewith no items written infer actual trading advice!) ;););););););););););)
Any idea of what could explain today's uplift?
Its what happens when you go on a sugar high! X)
The last two days have made everything go into fast-forward. I was lucky to pick up a parcel today
at 0.029 (under the cap-raise price)
Closed at 0.032
This may thrash around for seven more weeks, but then......
Do your own research, I have no idea what I am talking about. Hahaha
Just remembered though that I have been in this stock for about 2.5 years now so heading back down to 2.5 wouldn't really surprise me! I do have a few more to buy to get to a nice round number but will only do so at 2.5! I guess hopefully it will never get there again but wont be too annoyed if it does as long as the business is still moving forward nicely like it is at present
I understand your sentiment, but this one is growing! (Company and hair)
Starting This Sunday in Aus
A 12 month TV and digital advertising campaign will primarily target women suffering from hair loss or hair thinning. It will build brand recognition and sales of Cellmid’s évolis® branded hair growthproducts through retail and online outlets.
Then with the lessons learned they will take it to the world.
EGM Presentation by CEO
Things been pretty quiet for holders . Need a kicker to get things moving?S/P loitering sideways @ 3c.
From my own testing, I have had very positive results and their graphs correspond very well with the observed in vivo effects, even at a lower than recommended dosing. Much better still is the total lack of any side effects whatsoever. DHT blockers, saw palmetto and minoxidil all have some rather disturbing side effects so the all natural FGF5 inhibitor is a very nice change. Unfortunately, men dont talk to other men enough so this product will take time to grow - pun intended :)
But once it hits critical mass- the ride will be very nice. Im considering selling a few old cars to stock up.
Great to have a Guenie pig Cammo---what does very positive results mean? (have'nt seen the graph) Mine is there but getting a bit thin--do you have to continue with the product indefinitely?
yes cost around $40 a month. few sprays on the top and off you go
Hair shedding has stopped almost completely. Existing hair seems to be very happy and doesnt want to leave anymore! No advancement noticed and may even be becoming fuller! I got FUE 9 months ago now and the two areas are merging very happily.
Do you have to keep using it forever to keep hair growth?
If you didn't, why would we be investing in it? However if you have 15k I can fix it permanently. Takes 1 day , fixed forever. I spent 5k last time and I need to go back for another 5k worth.
How do you do that,aside from switching heads:)?
FUE . Ask Mr Google
Follicular Unit Extraction (FUE) Hair Transplant | Bosley
Done there you go folks.
Absolutely no connection with CDY other than hair loss replacement.
Heres CDY's website for anyone curious.
http://www.cellmid.com.au
Yeah FUE puts it back
but evolis REALLY works for your existing. really. and very cheap compared to everything else.
and no SIDES!
Im not really that fussed about thinning hair at 65--but I am a curious bloke---Suppose the best solution if you have the right shaped head is a .50 disposable shaver :)--Yea just like that little guy!
Thanks for link MBJ. It is this quarterly I was referring to, when I said "in about seven weeks"
The nice thing about it is the next quarterly very likely to be way better again, and if the Aussies like the
product, then the Taiwanese, and the Yanks will too. I just dread a hostile take-over as this is looking
to have soo much ....potential.
At 65 it's fine to be bald....you are tending towards leaving the way you entered, bald, drinking liquefied foods and being incontinent. I wouldn't be worried about it at all, the ladies are getting thin on top by then too.
But I digress, hang on for the ride on this one !!
http://hotcopper.com.au/attachments/...15-jpg.108161/
With thanks to Taurean7 on Hot Copper
http://www.proactiveinvestors.com.au...ing-65316.html
Ramping up. Needing some asia sales figures and we will be off. Directors all taken a few million unlisted options as well. Looking good.
https://www.anzsecurities.co.nz/Dire...spx?id=4024452
Not bad for a penny stock, eh , cammo
But excruciatingly slow to develop from a stakeholders perspective.
Time will tell with this one.
Strong signal from Maria yesterday.
Adding to her collection.
Quarterly out in Jan will make very interesting reading as this will be the first full quarter since the advertising in Aus started.
Good reports starting to flow in from HC members on the use of the product.
http://www.proactiveinvestors.com.au...lue-66272.html
Yes patience is needed with this one.
I also have added to my holdings, ( did not expect it to go so far under the 3c price of the over subscribed capital raise.)
The revenue from Advangen sales is starting to look exponential, so one more quarterly confirmation of the trend
would make many take notice, but of course the reverse is also true.
At the the time of the last quarterly, Maria tweeted "Cellmid is on fire"
If sales are still going great-guns, could be a nice new year!
gltah ihaniwiata.
A month down the track and the quarterly is getting close now. The HY will also be around next week as well.
Tweeting midkine and evolis by the CEO to a HC poster gives pause for thought. Possible clue to a reasonable upswing in revenue.
Super angry right now because they have changed their website and wont sell to NZ anymore! :(
I wonder if they have found a New Zealand distributor? changing the website could be part of an exclusivity deal.
Geez,whats going on?(hav'nt looked for a while) This must be close to all time low--Is there something in particular that has taken the wind out of the sails? (or is bald the new in thing)
Another top notch director on board to look after Advangen, Cellmid's subsidiary.
Got some creds this one.
https://www.google.com/url?rct=j&sa=...XrG5rSQICjCUmw
Sooooo....
Quarterly receipts and sales decreased:
1Q2016 receipts = $1,022,000 and sales = $713,000
2Q2016 receipts = $713,000 and sales = $657,000
A little disappointing - I was hoping for at least the same, if not a significant increase.
I wonder why the decrease?
Quieter sales over the Christmas holiday period?
Perhaps hair growth becomes a lesser priority when you need to fork out for Xmas prezzies?!
Anyway, everything else seems on track,very encouraging to hear that entry into the US market could happen in CY2016! :t_up:
Bargain basement price at the moment?
reasons:
PEB not running as many "free" cx bladder tests ?
Stopping website sales of evolis worldwide and restricting to AU only?
i am stockpiling and using :)
I must say ,I was expecting the hair growth product to take off(those are the sort of things that can fly),but if it has'nt by now ,I think it would have to be more of a long shot. Cellmid -same ole-same ole--(doesnt seem to be much money to be made unless PEB takes off)
Admire your optimism guys...Cammo-the product seems to be working well for you,but the very reason you are having to stock pile the product is probably a good reason not to stockpile the shares.....nevertheless Good Luck..
talked to evan at cellmid. he said the issue is getting acceptance to be able to sell in the markets. au is no problem and japan apparently as well, but getting it for nz etc takes time and $$.
i guess thats the thing with biotech that many other products,including the hair growth-atm milk-accounting software-or even medical instruments dont have to deal with in terms of barriers.
I though the hair growth could have been one that put a rocket under the SP,but biotech takes time.
HY results out. Mentions peb doing $60k worth of tests. Man did they spend money on advertising! But how else do you ensure speedy uptake?
Something midkine arriving soon judging by CEO tweets, handy hints and watch this space comments.
With a midkine symposium in Hungary late April a great announcement about now would be very handy.
SP has made an uptick.
Heads up. CEO on tv in Oz tomorrow according to HC.
Interesting interview
https://youtu.be/UKubC1rFl7U
Redchip has an audience of 200 million on its Money Show
Nothing much today of interest. Just an announcement that they are setting up two subsidiary companies, (unlisted) to take care of commercialising their Midkine protein and Mk Antibodies. Looks like some collaboration on the horizon.
Seem to be talking to myself but here goes.
http://www.proactiveinvestors.com.au...ets-67967.html
Major stuff. Not bad for a 18m market cap.
Mesoblast apparently went from .20c to 10.00 under a similar arrangement.
Watch this space. :)
DYOR (it might be worth it!)
For those not "in the know" Cellmids FY ends 30th June so there is a lot happening between now and then.
Thanks MBJ,
Been a bit quiet for cdy, for a while, and was hard buying more on the way down. (Falling knife)
But I did have the satisfaction of selling half my oppies at more than the head -share got down to.
Got to keep on picturing that long-game, where we should be all patting our-selves on the back.
Where did you get the .20 for Mesoblast--I went all the way back and they listed at 1.75. After getting to that $10 you spoke of ,they apparently ran into money problems and have gone down since to 2.50
These Biotecs are hard Yakka to price--CDY has its share of debt as well which may be what has caused the long drop--Nice rise on Friday though.
So many Bioteks follow a similar fate in the end (although many (like mesoblast ,Bliss ,Peb do reach lofty heights at some point ---guess timing is the key----Good luck to all
Sorry, probably should have been 2.00. Still good though. Dont think you have seen the last of CDY or PEB, they are joined at the hip. Debt is covered easily by grants for CDY with further inputs from new grant sources possible and splitting two companies off open to venture capital seems a pretty smart move. Boy that symposium in Hungary is going to be interesting at the end of the month.
Seems there is a chart showing MSB at .34 c as a low in May 2005 and a high of 10.04.
$2.00-2.50 is good (but considering there was a $10.00 in between means the jury is still out (:):)as is the case with many Biotechs)
You may be right -the best may still be coming.--but the example needed clarifying as it was misleading in terms of what we could maybe expect.
Im not even discounting the fact that (in these cases) there could be money made on sentiment alone,even if the company never actually makes it in terms of operating cash flow. A positive EPS (from grants and cap raisings)can be a dangerous thing if operating cash flow is negative.
We will have to wait and see if these new developments are a catalyst---Friday liked it.
(I must say,I thought the hair tonic would have given it more legs---worth more marketing?)
Record sales in Japan
Everytime they release reasonable news the share price refuses to respond!!!! Someone pull the choke out and sign up a midkine agreement...this thing's gotta fly!!!
3 1/2 years for me now....lots of what I have considered to have been really good announcements along the way but I feel this has been one of the more significant ones to give it a decent base of interest as its now got real $$$ attached....the Midkine ones will follow and the interest will increase as the followers increase.
Its a strange puppy this one but if you look at .5mil per month coming out of Japan alone for 6 mill a year just from a very good and proven hair loss remedy alone it doesnt take much to figure out going into China and The United States with the same thing might produce a bit more than pin money for the development of the overwhelming potential of midkine.
I believe I believe.....just give me some pin money on the share price so the up arrow starts looking respectable for the 4 years ive been in it !!!!!
Chinese ladies and most aging ladies need hair restorer.....nothing on the market currently as they all for men.
30MA crossed 100MA. Should result in a bit of a buy up?
Good support building at 2.5. Will we finish the week up?
Who has got some decent skin in this one ? That chinese meet n greet looks like a nice announcement in the happening...blow the Japanese announcement out of the water.
4 weeks wait ... Maria flutters her lashes and signs up most of them to carry evolis. I keenly await an announcement....
"A major health expo in Melbourne [June 26-28 2016], to be attended by more than 400 Chinese pharmacy owners representing a $300 billion industry, is expected to have major ramifications for Australian pharmaceutical product manufacturers." [Sydney Morning Herald May 3, 2016]
https://ajp.com.au/news/chinese-phar...sit-melbourne/
http://acbc.com.au/admin/images/uploads/Victoria Files/ACCHP-expo.pdf
That reminds me, wasnt the eyelash product supposed to show up around now as well.
Add in the hair expo launch of the Professional Range in early June, get the US and China on board in June.
Crikey, its going to be busy.
$500 for every 0.1c rise/fall in my case.
I guess decent skin is determined by how much of your portfolio is taken up by this particular share.
For me it is around 1/4 of my fairly small portfolio, which is uncomfortably high given conventional wisdom (diversification) and the fairly high risk nature of this share.
However I am quite bullish about this company and I always wish I owned more when the share price goes up another 0.1c! :p
I hold a few more than that, and feel much the same. ie over-weight in my small portfolio.
It was nice watching last weeks move up, but sure did hurt when it was selling for 0.18c recently,
I see the sense in splitting the co into the three separate entities, but would feel uncomfortable if any
part looked like being sold off.
I very much like the idea of a promising bio-tech, that has a solid cash generator paying the bills - rather than endless
capital raising from weary shareholders. Now feels to me to be a bit of a tipping point, - still risky, but If a company can sell over half a mil of product in japan in one month,
a launch in America could and should be spectacular. Imagine if we could get an endorsement from a leading presidential candidate. (don't want to name anyone here) - that could really make your hair stand on end!
same at $500. Bullish as. Same at 1/4 User. Science Grad so love this kinda biotech! oh and mining for metals and graphite :) Hopefully if maria pulls it off ill be buying some blue chip stuff!
I have a dream of this becoming a blu-chip.
Wish I could put the shares in a box and suddenly remember them in 8-10yrs time, instead of constantly looking to see what they have done.
My pick is 10.5 cents with next decent announcement . Already looking like 3 cents+ with the Melbourne event noise