PBI premier bionics limited

pbi to get 1mill, page-15

  1. 19,875 Posts.
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    hi lyndon,

    I say margin are high because all my research leads me to conclude this -- quite apart from the fact that it is stated in one of the recent research reports on the company (see attahced link).

    Now while the company doesnt advertise the fact -- and nor should they -- the reality is that medicvision operates in a field where there are limited competitors. No one is doing the full gambit of training services (simulator design, development and integrated course structure) that this mob are .... they have a unique opportunity to grow their business before major competitors come on the scene. Not many others are going to be able to boast the UK Royal College of Surgeons as a partner in training centre development.

    further reading: see the RM research report at http://www.premierbionics.com.au/

    ***** Discussions with key management give RM Research confidence that the company has the ability to secure further simulator sales in coming months and
    be operating at break-even point by 2H 2007. The Company is well positioned to capitalise on changes in medical training that include the widespread use of
    simulator training in hospitals. To date, the Company has already negotiated simulator sales contracts with key hospitals worldwide. MVL simulator products
    are selling at a rapid pace and also exhibit outstanding margins-The average simulator product retails for $100K with a gross profit margin of 40% to PBI.

    Speculative Buy.
 
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