Painchek Simple Investment Thesis, page-19

First 19 Last

Share
Profile

Follow
kenjikool

11,705 Posts.

2377

24/08/24

19:17

Post #: 75358256
Share

Originally posted by fattchoi: ↑

""Where did you come up with the $50 dollars or the price of it? Do you think it's enough? It strikes me that you've got a lot of customers, you're signing people up, but you're not making a profit yet?

Well, it's interesting, I think the reason we're not making a profit, is because our past investors put over a million dollars in the FDA studies, we've done a technology upgrade. I think the pricing, actually, is good at this stage, we've got opportunities to increase price, we've got some other features we're working on right now, for example, on the infant product we're also developing what we call the voice assessments, so we're able to discriminate between a baby's cry of pain and no pain, so that's another new feature that can come in and raise prices. But generally, we believe if you look at the market, the aged care market, it's something in the region - the aged care market is worth over $300 million dollars per annum, so we just scratched the surface so far and at that $50 dollar rate, that's a good market.
The infant market at our price, that's more like $10 dollars per month for the infants, so that's a home use product. And we worked out that 1 per cent penetration of the infant market - there's about 150 million kids born to first time parents each year around the world — would give us a similar size of market — 1 per cent of the kids market is the same as the whole of the aged care market. So, these are very, very big valuable markets, we're just starting to know our penetration now.""

The above is an excerpt of that Alan Kohler interview posted by @Jaliso : Alan Kohler Interview

I believe PD wants to penetrate the market first, allow the customers to become reliant on the app, and then start to increase price as appropriate. And I agree if that is the strategy. No point pricing something that is prohibitive such that they won't even bother to try.

Personally, at this pricing, it will get PCK to break even. By then, most of the customers would be so reliant on the app that they are very unlikely to want to go back to the pen and paper pain management records. In fact, it would become prohibitively expensive to do so. That is when PCK would probably raise prices. And in that scenario, a price rise will simply increase profit and hopefully dividend

It is Friday. So have a good weekend.

Expand

Hi Fatt,

100% Agree. Before covid we used a program called boardingware. It's now called Orah. Its a school program and they started off cheap, we joined as it reduced paperwork immensely. We all got used to it. They now charge double what they did for the basic package and we now have to pay for any extras that come on. Added features are then $2 for this, $5 for that, before you know it, we're paying an extra $50 per month on extras. But we trialled not going back to it after Covid and decided after 1 month we are paying staff a lot more than this to do the same job. No way any of these big companies will be going back to paper based versions. we have them hook line and sinker.

For those that want to see the program I'm talking about.

PCK Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

There are more pages in this discussion • 3 more messages in this thread...

First 19 Last

Add PCK (ASX) to my watchlist

(20min delay)
Last 3.2¢		Change -0.001(3.03%)		Mkt cap ! $54.02M

Open	High	Low	Value	Volume
3.3¢	3.3¢	3.2¢	$296	8.964K

Buyers (Bids)

No.	Vol.	Price($)
3	287786	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	15105	1

View Market Depth

No.	Vol.	Price($)
3	287786	0.031
3	310000	0.030
2	350000	0.029
2	300000	0.028
3	792592	0.027

Price($)	Vol.	No.
0.032	15105	1
0.033	100999	2
0.034	108791	1
0.035	345000	3
0.036	602857	5

Last trade - 11.27am 05/11/2024 (20 minute delay)

PCK (ASX) Chart

Painchek Simple Investment Thesis, page-19

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Painchek Simple Investment Thesis, page-19

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News