well after a good volume day with some real gains (albeit only bringing to stock back to a relatively lowly .225) anyone care to offer a view on PBI's prospects in the short term?
I think the long term view has always been a good one for the faithful here (despite the longer than expected wait for the new business to bed down) the question now is can they start rolling out not just one or two, but a series of announcements that makes .04 rises in a day par for the course for the rest of the year.
There's no doubt the margins on simulators look very good, but the key is whether than can lock away a long term training centre deal (by themselves or with a partner) that involved a recurring revenue stream. Paid to design, paid to install and paid to operate is what we want. Get a deal like that and then things like the cochlear simulator for china, the trauma simulator for the US and Israel and the radiography simulator for every hospital in the world become cherry on top stuff.
Not convinced that .225 close cuts the mustard ... I want to see it topping .50 with even more news to come.
and, the .20 2012 oppies are a bargain .... not many floating around (7.7m on issue) and based on one call on the board and what i'm holding I know two HCites own at least 1.2million of these ... I wonder how many of us on hot copper have a lock on these oppies. ?
PBI
premier bionics limited
