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Forget the FDA and the global clinical use implications, let’s do some realistic yet conservative, maths here minute. Let’s say that Angle sells 100 Parsortix machines to various research labs around the world and then let’s ignore the revenue that those sales generated. Now let’s just concentrate on the consumables that those 100 machines will use in just one year and again let’s be conservative with our figures. So .... Each machine uses 10 slides per day at £120 each (50 to 60% profit margin on each one) That’s 300 slides per year. (Again, conservative number of days in the year.) That’s 300 x 120 = £36,000 per year per machine. (£20,000 Profit) Times that by the 100 machines out there and you have 3.6 million pounds of annual income. Almost 2 million pounds profit. On a company with a valuation of just 48 million. Try taking that to the Dragons Den and not get killed in rush to make you an offer. So who’s playing silly buggers with this share price and why???????
"This study is a further demonstration of the effectiveness of Parsortix in enabling liquid biopsy analysis of patients' cancer through a simple blood test with the potential to provide clinically relevant information to advise treatment decisions."
Hi Jonesey .. Well I have read it and I can't see anything in in the report that is detrimental to Angle and Parsortix. ...." in the US, the Food and Drug Administration recently recommended "against using currently offered tests to screen for ovarian cancer"," .. Parsortix is not one the currently offered tests but hopefully one day it will be. Nope not a problem. If anything it goes to show how good screening and early detection is the future and a much needed thing.
I would add that most the people here at the moment are true long term investors with faith in both the company and its product. If you think we are greedy capitalists looking for a quick profit, then wait till this starts to take off. Then you’ll see what comes out of the woodwork.
I would add that most the people here at the moment are true long term investors with faith in both the company and its product. If you think we are greedy capitalists looking for a quick profit, then wait till this starts to take off. Then you’ll see what comes out of the woodwork.
http://www.nasdaq.com/symbol/trip For those who want an alternative investment. ... Just trying to be helpful, that's all.
I av been doin sum maff’s of my own. Correct me if I’m wrong but if Angle sell 500 Parsortix machines at 40k each and each machine consumes 500 cassettes each £150 each that totals over 57 million pounds. Not bad for a company with a market cap of 50 million. Shortly I must have that wrong
I'm not sure if this is the article Matchi refers to but it makes interesting reading either way ... http://www.economist.com/news/science-and-technology/21700125-personalisation-cancer-treatments-leading-better-outcomes
For all out sakes (not least MissBMW) all I can say is roll on 79 pence. However I suspect that when it comes some people will want 80 then 81 etc. until the inevitable happens and it drops to 78. At which point we will no doubt hear from them again. I am confused. If they think Angle is a dead duck, then get out now, sell and cut your loses. If however you think it is capable of going from 66p too 79p then why all the negative waves.
I have no more idea about this rise as I did about the resent drop, other then to say ... Confidence in the company goes up and down and is reflected in the buying and selling of it's shares. This in turn impacts on the share price. ( However looking at recent trades Vs share price you have to wonder sometimes ) Then again I am reminded that we are in the AIM where it would appear normal rules of engagement don't apply.