A couple of articles in the ODT in case people missed them:
http://www.odt.co.nz/news/business/2...z-breakthrough
http://www.odt.co.nz/news/business/2...ng-cancer-tool
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A couple of articles in the ODT in case people missed them:
http://www.odt.co.nz/news/business/2...z-breakthrough
http://www.odt.co.nz/news/business/2...ng-cancer-tool
Paper Tiger spotted the key words in the original announcement, now clarified by DD in one of those articles Mule has posted. Explains the price action IMOQuote:
Mr Darling wanted to clarify Monday's separate announcement, that Pacific Edge had signed an agreement directly with Government commercial entity Health Innovation Hub, which is mandated to get new health technology into four district health boards.HIH will now negotiate with the health boards of Auckland, Waitemata, Counties-Manukau and Canterbury, covering a population of more than 2.2 million, for the future use of Cxbladder.
Well done PT!!
My bladder is also half full - think it might be treacle though - patience peeps!!
Good to see the Brokers comments. Inclusion in the NZX50 will lead to more investment research from Brokers (both in NZ and overseas).
DISC: long term holder since Sept 2009
Sure, I agree. Just trying to gauge peoples thoughts on what the announcements will do to the price.
I suspect a lot has been factored in already and this was shown by a positive but relatively minor announcement having virtually no price impact. Perhaps then the medicare announcents etc won't cause as bigger price increases as people are hoping either?
As MAC says, I feel other products haven't been factored in at all yet. Any announcements on those fronts I feel would be very positive.
I appreciate annoyingly this is opinion not fact but it is based upon market observation.
Ain't a rumour till medicare rejects PEB, ain't a fact when PEB hasn't signed medicare.
However, as MAC has stated, on PEB's website, they have indicated they are a medicare provider.
Seems like the fact definitely outweighs the rumour huh?
If PEB signs up medicare and Medicaid wouldn't the market penetration be more than 10%?
Considering they cover close to 100million people in the states which is 1/3 of the population, therefore, wouldn't they cover 1/3 of the cases as well?
Medicaid is no where near as important as Medicare. Medicare is the provider of health care coverage to the over 65s in America where the main incidence of bladder cancer will be (circa 75% of cases).. I looked at this a while ago, but the great thing about laboratory diagnostics is that they are 100% covered under Part B of medicare. This means patients shouldn't do need to make co payments or need insurance top ups if they exceed their annual deductibles to get the tests....
And to answer the question. Medicare should cover circa 75% of the addressable market.. Hence the importance of that deal
[QUOTE=baller18;461224]Ain't a rumour till medicare rejects PEB, ain't a fact when PEB hasn't signed medicare.
However, as MAC has stated, on PEB's website, they have indicated they are a medicare provider.
Seems like the fact definitely outweighs the rumour huh?
If PEB signs up medicare and Medicaid wouldn't the market penetration be more than 10%?
Considering they cover close to 100million people in the states which is 1/3 of the population, therefore, wouldn't they cover 1/3 of the cases as well?[/QU
No That's like saying they have one in two people covered NZ does not mean one in two will need to be tested.
http://www.inspire.com/groups/bladde...xbladder-test/
back to the bladder cancer advocacy network board. The BCAN staff has issued a piece on CX Bladder... Hopefully a few more patients will puch their physicians,
Unless of course BCAN_staff is a pseudonym for a ST member..
This tells us quite a bit.Chief executive David Darling said the two deals meant the product could potentially be available to nearly three million New Zealanders.
"The key to this is that these organisations, particularly the urologists, are very keen to use our technology," Mr Darling said.
The deals were a step towards its goal of having Cxbladder mandated to be part of the standard of care, he said.
Does anyone know to what standard urologists are trained in NZ? Are they trained to the same level as US Urologists, less trained or better trained? If they are better trained or are the equal, then their US equivalents would probably be disposed to the same level of keenness once the potential is placed before them.
Part of the standard of care = clinical pathway does it not?
I think the investors want too see the product becoming mandatory to be used in NZ, it was mentioned by the CEO that'd give them immense commercial power in the US.
What! No announcement from Pacific Edge today?
What is the world coming to.
I dont know - cant rely on anything these days.
I fail to see where you get the impression that PEB is in the business of hype.
In the time I have been interested in this extremely well run company, I have never, at any stage, seen or heard anything that would, in my opinion, come anywhere near something that could be construed as hype.
I have watched every interview/video I could find where David Darling has participated, and he has never struck me as anything other than a genuine man, in the business of doing good business. He always appears to simply state the facts, always has full answers for any questions put to him (which tells me how well he knows the business), and in fact I have often thought he never seems to get excited - no flag waving, no pumping, just the facts.
As for typing PEB and RAK in the same sentence, again, I fail to see how you can even begin to liken the two. RAK has been, for several years, an extremely poorly run business, and it is now accepted fact that there has been more than enough hype and rhetoric uttered from those involved in that company.
If in fact you do hold PEB, I do not understand why you take opportunity frequently to post such derogatory statements, which simply beggar belief.
I do, however, greatly appreciate posts from those who are very well researched in PEB, and wish all holders a very satisfying future with PEB.
Hmmm I don't know about comparing with Rakon. Isn't that run by a bunch of brothers and stuff... kinda like a family business? With a group of knowledgeable investors well positioned to do good things with the company but unable to because of the shareholdings of these founders and such.
Whereas this company completely different. Human lives: saving, biotech, very interesting stuff! Much more exciting that crystal oscillators and the like.... anyone can make that stuff too.
I agree with snapiti a bit. Heard of people going overdraft to buy PEB at todays prices. This business is still not a certainy, things could go wrong, nothings gauranteed. For those of us that got in early the risks are small. Those buying 20k shares today with borrowed money have fallen for the "hype" and taking a big risk. Tread cautiosly I say, PEB is not making profits yet.
Disc: Been a long term holder, see risks but also see long term potential.
yep, it's up about 4% from where it was before the announcement. There was no hype in the announcement, but one needed to read it carefully to fully understand the content. It is another ticked box on their long road to commercialisation, a small but important step, hence the market has not got too carried away and has settled back to where buyers are happy to soak up the selling. Unfortunately, the unrealised mega profits most shareholders have in some form or other, tends to prey on minds/burn holes in pockets, and so there will probably always be a constant supply of shares.Quote:
Given the share price reaction to the recent announcement me thinks that some investors see these latest announcement as pure hype.
but I would hope you are smart enough to see the price action is accumulation from off-screen, each and (almost) every day. Plenty of overt sell orders, which just keep getting taken or absorbed. The buying is not really backing off, hope you understand that snapiti.
Head and shoulders pattern on the S&P500 and DJIA will drop markets sometime over the next week, IMO. It's highly unlikely that new highs will be reached, and so watch out when the Bears start making a comeback. PEB will not be immune to it.
If you're going into debt to purchase these now, I would say that's reckless. But then it's not my money, is it. Actually it's not your money either, is it.
Only the foolhardy invest at the top of a market, using money they cannot afford to lose.
BC
Soooo, winner
what HASN'T gone to plan so far? Could be a dunger indeed, but progress to date as laid out by the company has been DIFOTIS
Bang on, Karen, what is it? Media circus, exaggeration usually TIC, a clever marketing strategy that makes people think that they have to have something, or none of these?
I think none therefore no hype. They are trying to get traction with something that is of great benefit to people suffering from bladder cancer or suspected of it. That should not be put in the same bracket as the latest morepork fad of some dingbat app or useless 10 minute tech wonder judged as the greatest thing since baked beans by the lowest common denominator of which we are getting more and more. Its much more than that and I will shout it from the highest hills. Wake up you lot, we are at the cusp of a really great NZ company making it for real. Hows that for hype?
:)
Aw, stop it Miner, you are naughty
but I LIKE it
K Everett, dec'd
Sid Snot, Captain Kremmen, Marcel Wave, and Angry of Mayfair.
Jeez, he died in 95 of HIV
Melody Bubbles miner?
Yes, shame really, he was a great comedian or I thought so. But what do I know, XXXX.
But back to PEB and it seems to me the only thing that will really poke this along is the sales announcement. Starting from a base of three it wont take much to have a 100% increase - like six.
Think of all the hype if the media gets a hold of 10000% increase in sales, etc. IMHO (tep)
The one trouble with everything going to plan so far (assuming we do not look to far back at previous plans :))) is that the everything that has gone to plan so far has involved spending money.
It is a different test-tube of urine the bit of the plan that involves making money.
On a different note: Why do people believe that when PEB enters the NZX50 there will be decent research on it, where is the expertise in valuing tech companies in NZ?
Best Wishes
Paper Tiger
May or may not have some PEB shares somewhere :mellow:
Not everything PT , remember there were three proudly declared sales circa Oct/Nov:)
[QUOTE]On a different note: Why do people believe that when PEB enters the NZX50 there will be decent research on it, why is the expertise in valuing tech companies in NZ?[QUOTE]
Parochialism.
Also may or may not have some PEB and gave some away I think.
http://www.sciencedaily.com/releases...0129121941.htm
Perhaps they actually really could ?
Miner, for the record....Cupid Stunt was the girlfriend. I think she is one of those who have borrowed to buy.......
and me too Mr Magoo, very funny
:)You are in fine form, Hancocks.
Sorry for the PEB departure, but I've always remembered "Sid Snot ere" doing his cigarette tossing routine and one actually sticking on his lip at which point he was so surprised he forgot his lines.:ohmy:
I'd go for a Te Mata Colraine. Anyone want to repeat the bet with me?
Could snapiti and BE settle their matters through private messages?
Once when its all settled, if u's like, can posted up if needed. Much thanks :)
:pChange of rules.
Other members can choose the prize
My suggestions
1/ 1 case of Chateau De Antee Freezux pressed by five naked proctologists
2/ 5cm of column space with the Ferret
3/ Free entry to the 2014 hide and seek championship:t_up::t_up:
I guess the easiest bet is the one you know you'll win :s
That's funny I too am also a shareholder willing to bet anyone that I am holding PEB, anyone willing to take those odds?
Disc: If it looks like a duck and sounds like a duck he's probably holding PEB :P
B_E, are you related to Kenny Everett's girlfriend by any chance?
Can someone enlighten me as to why this thread hasn't been deleted but the SNK one was?
How about this one Hancocks,
http://www.cancernetwork.com/genitou...er-cancer-risk
Some smokers are more equal than others.
Presumably you could develop lung cancer instead.
Or both and chuck in colorectal as you say.:scared:
Struggling .. with out news.... $1.53 tomorrow
BUOTE=Brighton_Early;461669]Or... $0.99? :)[/QUOTE]
B E shouldnt you be hoping its $1.99 to help pay for that wine you owe Snapiti:cool:
Well only a couple of days ago they gave us great news....
Aren't some people getting a bit jumpy here? This is a long term hold with $100m revenue target in 4+ more years. If they make it to that point, we are looking at EPS of 30c with profit somewhere around 15c P/S. But that is in almost 5 years time.
Unsure why people think such large complex and carefully considered contracts can/should be negotiated in the first 12 months of sales. The CMS/Veterans association contracts could come in 2 or 3 years from now and we will still probably be well on target. And that is the timeframe I have in mind regarding PEB and with revenue targets as they are. I would hope most people are thinking the same.
I recommend people stop watching the price like hawks, sit back and relax. Recommend that if you are happy with your position, the company and the risk, let your shares sit for a year or two. Keep up with news but PEB isn't an investment where you should be refreshing to check share prices daily (or probably weekly for that matter). Good things will come to those who wait.
PT- You must know that every ST member would love to offer you a bottle of wine - whether you hold PEB or not. It's only the cost of transportation to that distant part of the world you live in and the severe risk of breakage in transit that holds us back.
Meilleurs vœux
Pierre
And you guys get jumpy when the discussion gets off-topic.
Brighton_Early, you're so freaking concerned about your time and other people not wasting it yet you spend your life dribbling over other people's ST posts.
WHERE ARE YOU GROUPIE, TROLL-THREAD NAZIS?
The hog doesn't hold PEB any more. Thanks to buyers over $1.70 for taking the risk. The hog might be in again sometime at more acceptable levels. To anyone thinking of getting into PEB, the hog has some "for what it's worth" advice. Read through these threads and see how much bullshît ramping from Brighton_Early and friends is going on before you think of doing anything.
Some say "well nobody listens to it, who in their right mind is affected by this infantile behaviour? Just ignore it".
Good question. Well, there are some people here wanting to actually discuss investment/speculation.
But why the ego-stroking, self-effacing crap in the first place?
Answer: psychological need. These people lack confidence to the extent that they have a chronic, deep need to challenge and attack people who don't agree with them. Witness the one-upmanship crap of late with Brighton_Early's rubbish "option offer" for PEB at $2 by end March (which for the record never actually led to a concrete "offer" that could be accepted or refused, but led to Brighton_Early "threatening" to post private discussion material on the public channel ← NB: complete and utter lack of ethics, so Brighton_Early is clearly neither principled nor professional) and this juvenile banter about whether somebody holds PEB or not.
WHO !^#&*^% CARES?
The huge jump in monkey chatter on ST suggests the hog should call increasing noise as the TREND and join Phaedrus.
Who? Well some of you kiddies may well ask.
whoa, easy with the vent....
Come on you jokers
Grow up eh ??
The forum is for discussing the merit of various shares, a little mirth is ok but you lot have lost the plot.
Anyone looking for a nice job based in Boston as a Pacific Edge territorial sales manager, tea anyone ?
http://www.linkedin.com/jobs2/view/1...w_similar_jobs
If you do a thread search and read some of his old posts I'm sure you will be inspired!
He was implacably logical but still pretty patient with those that dared to disagree - although I think he finally gave up on Snoopy!! (see the TUA thread where Snoopy continued to argue the merit of buying on the way down)
...and if you don't fit that then here's some more ...
http://www.pacificedge.co.nz/about-u...e-?stage=Stage
http://www.pacificedge.co.nz/about-u...st?stage=Stage
Now, I don't want to be accused of "ramping up" (or to be so daring to suggest confidence that things might be starting to build in this great little company), so in a nice quiet voice I will simply say "the evidence appears to suggest the desired track towards sales may be starting to get worn a tiny wee bit".
As for sales....I definitely know they have received $320 in this current financial year. Ooopps ... sorry, didn't mean to get ahead of myself and start "ramping up".
For the non-medical types like me, this is probably the best takeaway right?
"These markers were then used to develop an optimized commercial test, which was significantly better than cytology as well as nuclear matrix protein 22 BladderChek and enzyme-linked immunosorbent assay tests..."
And for another non-medical type like me, this is also a wee takeaway too:
as this is one of the 'approaches' they are taking isn't it Mr Magoo?Quote:
a role in risk stratification of patients
This isn't new but I hadn't seen it. Includes a little more commentary on the adoption of CXbladder by BOP and Lakes District DHBs, and a mention of Peter Leitch using it which I hadn't come across before.
http://www.nzdoctor.co.nz/un-doctore...cxbladder.aspx (11 Feb 2014)
I think Hancocks is inferring that, given time and due process, we might be staring at the new gold standard?
woo hoo
but then, what would I know.....
Im sure Hancocks will set us all straight on this one. My understanding is that it was designed as an adjunct to the gold standard, cystoscopy, especially with its potential for discovering upper tract carcinoma. Whether it takes over as gold standard by default remains to be seen.
I think we need to ask what it is the gold standard for. If we are talking hematuria and what is causing it, it is not the gold standard as it only tests for cancer, which remember only happens in about 2-5% of people presenting. Whereas cytology also tests for other problems which could be the cause of the hematuria. It could be part of a "gold standard" for indicating that you do/don't/need more examination for cancer detection as it is more accurate than cytology.
Now if you find out you have bladder cancer, then you could argue that CxBladder is part of the new gold standard, indicating the cancers progression/severity etc. But cystoscopy would still need to be used to indicate its location/size/biopsy etc. Hence why PEB suggest it being used as an adjunct. And this is important to note, I believe, CxBladder will NOT remove the need for cystoscopy as each give different information, all of which is required by a doctor to treat the cancer. Post cancer it is then quite useful to indicate reoccurance without cystoscopy.
But that makes me think, should PEB also do cytology in addition to their test? I.e. they could split the pee pee sample and do cytology on the one side and their test on the other making the process less complex for patients/doctors.
From my understanding PEB don't administer the urine tests, rather the sample would be collected at the Urologists office and then forwarded to PEDUSA in Hersey for processing.
I guess PEDUSA could also do the labwork on the Cytology specimen though in conjunction with processing the CxBladder test?
PEB's sp has just fallen below its 30-day moving average.
Placing a stop loss at 159c could be a good idea...regardless of this stock's imminent inclusion in the NZX50 (which IMO has already been priced in by most investors).
Hancocks count now 38 .... he broken through the 37
1.59 looks like a good price to get some more, bobcat.
Seriously good stuff as you say xxxx and bound to do some good.
Thanks to Hancocks for his posts and reasons for deleting.
Winner, you sure know how to pull legs and stir the pot
:)