big year ahead in 2008, page-3

drq and all other ventracorians,

remember your post nearly one year ago..........

"That is the million dollar question where will this be in 12 months. A few people have ball parked from $1.75 through to $5+, I think VCR is due for a re-rating from a R&D company to a company having an approved device in a global marketplace. But I think the key will be the takeup of the device, not to rain on the parade but it could go pear shaped especially being a one trick pony. Just look at PLT, this company had three devices and apparently a market at their feet. Well the device take up never met expectations, and the SP performance was dismal to say the least. Only has it recently been rerated with many years spent in the wilderness. I think PLT had the marketing and management of their device wrong from the get go. But it seems VCR have a very strong team on board and the right plans in place to get the cardio field on side. Will be great to revisit those SP guesstimations in 12 months time....."

then there was my prediction ...............".I'll start the ball rolling...................VCR as at 31-12-07 SP =$3.65"..


Robade's prediction.................."by my calculation $5.12 will be reached sometime in 07"

ijh's prediction...................."An additional 1c per ventrassist sale on the sp.
So approx 330 units sold plus $1.08 = $4.38 per share"

doc's predictions.............." Happy New Year, Ventracorians !

I'd go for $1.61"

Vykings ............."I will go to $2.65 based on 700 units by the end of 2007 (this includes BT trials), plus 35 cents for fluctuations. This is not taking into account any t/o hype." well considering they did about 180 i think on a prorata basis vykings price is right.

Then there was the infamous Geezer ............." I would suggest a realistic price target of $1.87 by 31/12/07.....mark it in!! R.Geezer "


How wrong we were..............


looking back now what a joke....................i can't believe how far out I was................................'

if we were to look at all the things that went wrong in 07 it would have to be the following:-

1. Delays and further delays............BTT started late and DT started even later....................
2. Unconditional approval for DT still not approved.
3. pooling data for the BTT fell on its head ..........FDA not approving it yet...or that we know.
4. Sales from Europe much less than anyone expected??? Pretty dismal actually.
5. Asian center up and running and we still AWAIT the first patient. Too slow to enrol.
6. Deteriating Market conditions in general have not helped either.
7. Further dilution of shares at 80cents.
8. Tax loss selling.
9. Further possible share raisings.
10. All in all a very SLLLLOOOOWWWWW year.

I am still invested in this company so you may all call me crazy....but it is by no means my core holding....have been lucky to have that core holding in AGM which has come good recently..............but VCR is still a company I hope will crack and succeed in its enterprise from a COMMERCIAL perspective..

Who else out there still holds and HOPES that 2008 will be the trurning point for the company................................


Any way HAPPY NEW YEAR to ALL.