Looks like Paper Tiger will just have to wait for next move downwards?
May be his next cat life?
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All those moment in time will be lost, like tears in milk.
Best Wishes
Paper Tiger
A bit of study over the weekend has posed a couple of questions. Firstly where does Sonic healthcare fit in all this. Apparently they are the owners of Healthscope in Australia except Queensland
http://www.sonichealthcare.com/media...cquisition.pdf
Healthscope does the marketing for PEB and presumably sells CX Bladder to Sonic or you would think they would be silly not to.
https://www.nzx.com/companies/PEB/announcements/207308
The second question is: as Sonic is apparently already firmly entrenched in the US and elsewhere then would Healthscope be supplying the kits (at AUD Prices) via the backdoor or is this a smart move to get into the US market quickly.
Any comments peoples?
Cannot find any reference to SHL apart from ASX on Forum and certainly not in relation to PEB
Cheers :)
Hold on folks, we're heading south again - and fast! :scared:
Thanks for that Hancocks. Would be interested to find out the uptake in Aus - presumably any considerably favourable reports would filter through to the US fairly smartly from Sonic. Have the feeling that 65 cents is going to be a bargain shortly.
Cheers
:)
I am sorry Balance.
It is wrong of me to taunt you.
Please accept my apologies.
Best Wishes
Paper Tiger
Disclaimers:
1) I still regard PEB as a high-risk speculative stock.
2) I do not currently own, nor have previous owned, PEB stock.
2.5) I do own some stocks that I regard as high-risk speculative stocks.
3) I reserve the right to buy PEB in the future without declaring it on this thread.
4) Balance is not, nor never has been, on my Ignore List.
Lets face it-''Its all up from here''or ''Its all down from here'' just doesnt pertain to this share ,at least in this phase of its development.
For long term holders ,higher highs and higher lows should suffice.
I suppose ,if your good enough ,its a traders dream,but otherwise watching the buyers and sellers could be a bit of a stressful way to spend the day.
A 5% gain or loss is nothing for this puppy.
Helpful chart. I agree with your sentiments. Thanks :-)
If TA predicted the future of stocks accurately, then everyone would do it - then it wouldnt work.......?
Why do you think its over valued DJAB?
As far as I can tell, they are a company entering into a big profitable market with a better product than what is currently available. The management does what it says, they just opened a lab in the US able to process their tests and now just have to translate their better product into sales. Having hired excellent people in the US, it appears that they may be able to do that fairly quickly.
Compare that to XRO who, while actually making sales, are still bleeding money 5 years after they started, yet their price is at $12 for a product only appears to be marginally better than their competition. Yet people talk about the potential of Xero being the thing that props up their SP, but not the potential of this company. I know which I consider to be overvalued...
Some actual evidence as to why they are overvalued would be quite nice rather than stating "overvalued and over-hyped".
The Masfen distribution is taking its toll.......
Moosie, no manipulation, not weird, the sellers capitulated late on a Friday and gave into the liquidity at 58, their/the orders to sell slightly higher taken off as no longer valid - how does that sound?
DJAB, yep, there are one or two on here who are clearly brokers (or at least look over their operators shoulder) who can see orders coming in on various stocks, and like to boost their blog images by 'predicting' where things are going. Sad really
Proof? Evidence? Circumstantial evidence?
Could it be that you are confusing amateur investors making optimistic assumptions with professionals trying to sound like amateurs? Just don't like where you are heading with this.
As far as I know, this websites purpose is for investors to share ideas about investing in particular shares or shares in general. Your contribution DJAB appears to be rubbishing everyone else without offering any advice yourself. Looking at your history so far you have simply stated that Xero was a bubble (duh) and that this stock is overpriced, without telling us your analysis. If you want to rubbish people/stocks/shares without offering your analysis as to why, you can expect a ribbing IMHO.
You clearly need to do some actual research into this stock and back your statements up with facts. The current market cap of the company is just over 1 times larger than expected revenue per year in 4-5 years time.
You've come onto this forum and bagged some of the most respected posters, poster who you could learn hell of a lot from. You are also yet to actually contribute anything useful to this forum. Can you please just leave the forum so that the rest of us who actually want intelligent discussions and debate can learn things from each other. I'm sure I'm not the only one who would rather not have to spend my time wading through your rubbish.
I don't think there is anyone on this forum who wants to read your posts and I'm even more confident that there is no one that would use your posts as part of their research etc. So why bother posting? No one wants you here :)
(That's my last post on the issue, lets get back to PEB)
The point of posting DJAB, as is the point of this website, is to provide informed or educated information and debate on shares. As you are providing neither, why do you want to post on here?
I could say "DJAB is a little girl who likes to dress in pink skirts and sing songs to fairies", but it would be neither relevant or helpful and is outside the obvious context of this website. Just as are your posts are apparently irrelevant, I still require actually reading who posted it in order to ignore it or skimming the content to filter the information. As this wastes everyones time, you will notice other members try to not do it. If you don't have something relevant to say, why waste everyones time? Or is your intention to come onto a website just to bag everyone elses analysis? That is what is called "trolling" in internet terms, I suggest you look it up.
Blobles you can not analyse pie in the sky. You can only make an estimate & pray or believe in the greater fool theory. DJAB is as entitled to his opinion as you are yours. Which is hope & pray. I can see no certanties in any of your Facts or figures of the future of PEB.
But Possum ... if I write something like .... 'PEB has closed at 0.58 at it will now get smashed from here'. Where is the justification for my crystal ball gazing? I do not really want to spend my time reading what someone thinks without some sense of reasoning. Otherwise we would get every clown (no offence, Sparky 9-) saying a stock will go in XY direction.
The only thing I get from the gentleman's posts is amusement that he actually thinks he is intelligent.
Absolutely and I encourage you to state just that. As far as I recall, I have just estimated the size of the market CxBladder is entering, the potential for the stock to do well based on their product being better than the rest. While at times I am optimistic, it is metered by other peoples pessimism. As far as I am concerned, it is fine to discuss potentials, there is no other way to do it with a company that is just starting to sell its product. It is also fine to discuss hurdles and downsides, no problem at all.
However, if I went onto every thread and said "this stock is rubbish, selling for much more than its worth", would that be at all useful without providing some level of justification? No, it would not, and I think you will agree that it is not worth posting. That is simply all that is being posted by DJAB and it is not useful. We ask DJAB to provide further information as to why he believes so and he simply posts back that he doesn't have to and he has every right to post on anything he wants. Again, IS THAT USEFUL?
Actually, that's a good point Hancocks, does anyone know how new medical devices are advertised in America? Are free samples given? Or seminars asking doctors to attend? Or lobbying hospital distributors to push the product? Understanding how it works may give us some insight as to where to look for how successful/unsuccessful Cxbladder is...
Share goes up, share goes down - that's the market, one day to the next, one week to the other.
Some like it just like that - and why not, volatility equates trading opportunities.
The year by year trend though is the real measure of how a stock is trending and for those of us who rode the ups and downs with the likes of Diligent, just another day in the office - no need to get too worked up.
:D :D
There are 2 sides to every coin guys.
Sometimes those that seem to be slagging are really just hoping to be able to buy in at a more affordable price which is fair enough.
If thats the case it still shows interest in the company,its just a matter of value.
He didnt really say the co. was rubbish ,just that in his opinion it was over valued and lets face it ,no one really knows at this stage.
All we can say for certain is that it is in a volatile phase.
Most would agree its a good product-its really a matter of how well its marketed and how quickly it is accepted-ie. the rate of growth-and of course the outside market in general.
To me,most of the time these big falls and big rises are a bit of a mystery but having not acted on the last fall around 53 a few weeks back I certainly would welcome the opportunity to have another go.
My guess is that eventually the volatility will subside and it will settle into slow steady growth
You had all this Hype over Bliss & other biotech Products companies listed on the ASX or NZX over the last 20years how many are still listed or even in existence now. Let alone made a profit. You might as well buy an expensive bottle of Champagne & drink it. At least that way you have about an hours or so pleasure for your money. Rather than six months of dreaming of extreme wealth. The only other thing is if you believe in the greater fool theory. You find a greater fool to buy them off you. What is the success ratio for biotech companies as high as 1 in 200 or as low as 1 in 2000.
I thought that Ramping on this share site became rare when the two great rampers G STOLWYK & THE KING died. But it seems to have raised its head again. Surely we do not want this share site to become another HOT COPPER
Understanding that of all the companies I invest in do carry inherent risk and accepting that some of them will not exist in a few years time, is fine with me. My willingness to accept this high level of risk is reduced somewhat by the research I perform on the companies and the sectors they are developing in.
All investors have their own levels of risk and if they consider purchasing a particular company's stock carries the same likely outcome as enjoying a nice Moet, then maybe said investor should be investing in Telecom, Ryman or whatever blue chip their risk tolerance allows.
I am comfortable with holding stock in PEB, or XRO for that matter, and look more positively, whilst acknowledging the risk, at thinking 'What if they do deliver on their Big Hairy Audacious Goal'
Sorry guys, this site must only be for professional and highly experienced traders such as yourselves, I will stop posting and only read your amazing and insightful posts. Signing off...
Sparky The Clown But the repetition of the same few facts over an over again. And the abuse of anybody that queries those facts will be substantiated in time gets abused. What is the success versus failure rate of biotechs. This the supportive posters do not want to here about. You are one of the few reasonably neutral on PEB in saying it is a very high risk investment. Others keep pushing every little fact that supports there thinking. The repetition of the same few facts over & over again is sickening. And saying that anybody that mentions a negative is jealous that they did not get in as low as the poster. It gives the impression some posters think this is Gods gift to share investors
Who is asking you to read all the posts on this thread?
Do what most of us do - pick out the posters who provide good information and analysis.
Learn to differentiate between those who 'ramp' and those who inform.
Learn to teach those who are here to learn, and those who are here to cause mischief.
Life is too short to get too serious about most things - except when we are talking about crooks (finance companies, Plus SMS), incompetence (Rakon, Telecom, NZOG etc) or blatant hypocrisy (Credit Sails, PGC etc).
Balance which are you
Pacific Edge Diagnostics USA will be exhibiting our bladder cancer detection test, Cxbladder, at the AUA Annual Meeting in San Diego this weekend (4-8 May).
Mentioned this briefly in a earlier post, but Genomic Health Inc. (GHDX) is a similar company for comparison. Key product is Oncotype DX Breast, while other products such as DX Colon and FX Prostate are at various stages.
Around USD$1b market cap and US$250m revenue (and increasing), an indication of potential upside for PEB if CX Bladder and other products take off (dependant on factors that have been discussed).
Thanks, iced.
There are a lot of good stories out there and they all started with ideas and then, persuaded investors to back them.
We have something here in PEB which has gone through the ideas stage, done the hard yards, nearly went under but now offers potential but as has already been well canvassed, is not without risks.
For those of us in the stock, postings like yours provide confidence that the risks are acceptable.
What is most unacceptable is the sour grapes brigade popping up every time the sp of PEB takes a dip and with no analysis or understanding, start bad mouthing the company.
Never mind the fact that PEB has been a spectacular performer in the last year for its shareholders and is attracting institutional and professional investors who invest after visiting and talking to the company.
The sour grapes brigade have had some of their postings removed for using vulgar language and for sinking to the bottom of the sewage tank in Wanganui but still they persist.
They know who they are.
Balance Dream ON others of us make money.
Yep, I feel so sorry for Sparky who has had a 300% increase in his share value in this company in less than a year. Poor sparky has no idea how to make money, according to Possum!
balance what is your total capital increase from 1st January to close of trade today & not what you are dreaming of?
binary: DO you like all this dreaming or ramping Others are trying to stop you from being sucked in by all this highly speculative Bull sh*t. Has PEB sold one bladder test yet
Like any informed investor I like to gather information about the stocks I invest in from a number of sources; this forum included. Any good investor, like yourself, is able to determine which information is reliable and useful vs that which is purely speculative.
Whilst PEB carries risk, in my mind and the general consensus of the people on this forum (who are important investors) the reward outweighs the risk.
I'm not entirely sure what you get out of slandering PEB and the posters in the forum. Be it driven by jealousy, blind anger, family issues etc? But please keep your posts informative and useful. Even if they do show PEB to be overtly risky
Tumeric if you double $10 you still only get $20 You get better odds on small bets at the casino. We wish to here about good investments here not highly speculative gambling
Binary Big deal what they need to sell is something like 42million
DJAB before jumping into the tirade about whose dick is bigger please first ponder what the current position of PEB is. With all your wisdom and deep thought you may come to a slightly altered conclusion on the importance of PEB's current sales in relation to their share price
Well considering they have only just started commercialising the product in the US, no, the sales don't matter. The sales within the next year will matter though. How many companies do you know that reached peak sales on the first day of commercialisation? ;)
Oh and DJAB, would you be so kind to give us a list of some of the companies you are invested in? Just out of curiosity really.
So according to your logic DJAB, nobody should ever invest in start up companies because they haven't sold anything yet.
Don't kid yourself that you're an investor.
Imagine a world where nobody funded any company until they had heaps of sales? Brilliant advice DJAB, I wonder why nobody is listening to you.
phweeeeeeeeeeeeeeeeeeeeeeeeeeeeet. Halftime. lets get some light refreshments :)
Sparky The Clown that is providing their Medical insurers a gree to fund the PEB test & not some other one. Get real on the American health system. I s it even approved for Full subsidy here Both Public & Private. Every body is entitled to their own thoughts on this product without having other people ram their opinions down their neck. My investment horizon for a share is to hold it for at least 10 Years. Also to leave alone not even bother to look at the shares that others in MHO are trying to pump the sh*t out of. This is the reason that I take the negative view of any share that posters give me that impression of. I can make more than I can spend by looking at banks & other shares that have solid earnings behind them & give solid dividend streams. This is being pushed just like Bliss was some years ago 7 where is it now. I can understand your interest & faith from your posts. But others are just jumping on the band wagon & trying to make it look like Gods gift to share investors. Because it is being pushed up a few cents in a short time just like Bliss was some years ago. Just operating like Lemmings.
God this thread has gone down the drain IMHO... its sad.
Back to proper discussion ABOUT THIS COMPANY.
Cheers.
Thought you might come back with something like that. Nice one. Or I suppose its a nice one as I havent read it.
Suppose 42 could now be known as a binary number. :)
Back to the thread - anyone have a place we can check sales out or is it all spec at the moment?
Trying to predict what the SP will do with this stock is almost impossible. It only takes one or two big buyers or sellers to really move the price in a short space of time.
New to this company. Can somebody explain to me how they are going to make money in the US? Are they going to do this directly or with a major partner. If directly how much cash do they have?
I have noticed people talking up PEB and talking down XRO. XRO is selling things successfully while PEB is yet to. PEB could be a gem so I would appreciate a crash course in why it is good.
Moosie 90 (so if you had invested ten years ago and finally looked at it now you would have been massively in profit. whoops!) You need to engage your Brain I would be down the drain at least $10000.00 in loss of profits the money would have earned elsewhere.
With a name such as yours you should easily appreciate that the future outcome for this company is uncertain.
The extremes are:
that it goes under trying and failing to reach a reasonable sales quantity in the American market despite having a good product;
it captures a good slice of the market, cash flow and then profits follow and they come up with related products and grow into a big successful company and the shareholders do very well.
Or anything between.
Best Wishes
Paper Tiger
Thanks for the links. I am interested in the commercialisation potential of the business. I don't see a lot of comment about it.
It is very rare for an NZ company such as this to crack the US market. Although this hasn't been done before this company maybe the first. I am mainly concerned about who will actually pay money for the products as I find this is a good indication of scaling potential.
From my research I can't find a major partner with established sales channels mentioned so I assume the company is going alone on the sales and marketing.
Generally if the product is top notch it shouldn't have any issues with attracting partners however even the best products may fail to commercialise without the proper channel development.
I have no doubt from the comments I have read that they have a good product but there is a big gap in information on the sales side.
These types of business have not been successfully globalised from NZ. If they can do it that would be great but I have to sift through a lot of product information while there is hardly any sales information.
Does anyone have thoughts on this and in particular can they develop the channels in their export markets alone or will they have to solely rely upon a partner?
Schrodinger - the US lab was only certified in March (?) so there has only been a short time they have been able to offer it to doctors. They will be targeting the specialists now and hopefully the next announcement will show that they are being successful.
CJ are they handing out Free samples it is probably the only way they will get Doctors or Laboratories to pressure the insurance companies to fund it
Moosie 900 so why did you judge others by yourself then saying they would have made a fortune by investing in PEB so long ago. Please put brain into gear now & then.
Something PEB should do, I feel, is to give away say 1000 products to specialists for evaluation, giving them the results back in exchange for the comparison with whatever their current method is for each patient. This is essentially a huge clinical trial, but if their product is excellent and the results show it, the specialists that are involved would have no problem recommending it in the future and switching to it. As obtaining the sample from the patient is completely painless (and may already being done by the doctors), I don't see a problem with doctors trying something new and probably better.
The cost of such an exercise would be around $1 million but it would market the product, show its performance on a large scale (the previous clinical trial being only 60 odd patients from memory) and provide a testing ground for product implementation. This seems like the next logical step for me, does anyone know if something like this is in the pipeline or are they simply trying to sell it straight away?
Okay peeps...I just can't read two or three pages of crap every day on this thread to find an occasional useful point. Can somebody please message me when this thread gets back on track. Cheers
I've been watching PEB for the last month or so. It seems like a horribly volatile stock even without any substantive news - what is the reason for this?
blah, volatile may be but this is a company is just getting its ducks in a row and will most likely be one of those stocks in the not to distant future you wished you had a lot of shares in. You may have any way good luck.,
I suspect that the Prelim Annual Report out in a few weeks should cause a SP breakout. I'm expecting some news on Aussie sales (although this doesn't matter too much in my eyes, it wont really give much of an indication as to what US sales will be like). The thing I'm really looking out for though is news that Cxcolorectal is ready to be commercialised in Australasia. This was meant to be commercialised by the middle of last year, however I suspect commercialising Cxbladder in the US was bit more of a priority.
Anyone know how they intend to sell it? Are they doing it themselves? Will Americans like kiwis turning up and telling them to suck eggs? If they are doing this themselves who is pounding the pavement and removing the cultural bias from US doctors who are notoriously difficult to sell too.
I have invested into this stock last year and regardless of the ups and downs I'm keeping this for a 3 - 5 year hold.
I like how the CEO is very humble in his approach with the firm.
I'm not about to justify all my reasons why with spreadsheets but my firm view is unless this stock gets taken out my a large player it will reach $3 - $5 within 5 years given their ambitions an products in near phase.
DYOR and my next post won't be till north of $1
etrader, we all look forward to your next post very soon.
Note reference to Cellmid in Australian section of this mornings Sharetrader AM Update :)
:confused:You are on Sharetrader - dont you get the update every morning?
Not sure if you are allowed to redistribute information like that.