Someone likes PEB today .81 and building !!
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Someone likes PEB today .81 and building !!
This Kaiser User program announcement is huge and will be very influential. Further validation on the way. All falling into place now.
And well done Parry, well deserved. And thank you..
Won't stay up there for long - I'm sure the "short sighted" ones amongst us will be busy transacting every couple of cents movement - and the nervous ones will be taking their profit after 2 or 3 cents movement.
The smart money will happily soak it all up however.
What does it all mean ?
That’s a relatively short time frame for the user programme from “later this year” to “early in 2015”, let’s call it six months. Probably another three months for review and approvals, then perhaps, potentially a roll over and contract approval mid next year.
Kaiser Permanente have circa 9,400,000 members, statistically then a prospective contract would offer;
1. Potentially Cxbladder tests for some of the 30,000 or so Kaiser Permanente members presenting with haematuria each year, of course some patients presenting may require a follow-up test(s).
2. Potentially Cxbladder work up tests for some of the 2,200 or so Kaiser Permanente members newly diagnosed with bladder cancer each year. Each cancer patient may require up to seven types of Cxbladder test application depending on what value propositions Kaiser Permanente may elect to adopt.
See NBR article today re the recent Blis announcement - regulators are investigating. Maybe the wake up call you want.
I don't get it, all they announced is they are going to run a user program in the USA. They will somehow be using the research from the user program conducted in NZ which has resulted in basically no sales. Everyone goes crazy. Seems like any news is good news? To me it seems like a good chance they may come to the same conclusion after running the same user program as they did in NZ. Sure they might not too and sign up but it's definitely not assured. Don't count your chickens till they hatch I say... Will the few thousand (likely free) tests be included in the 10s of thousands?
When stocks are much undervalued it only takes a tickle to step them back to where they ought to be.
Although, perhaps the greater significance of this is simply that it shows some confidence for other HMO's and insurers to follow suit, often when one goes, particularly a big one like Kaiser, then the others may shortly follow thereafter.
JW articulated at the AGM that the focus of growth was establishing user programmes and rolling them over. This is how Pacific Edge intend to meet their goals.
Just the first of many, let’s see.