Ready for jump in SP?, page-4

  1. 329 Posts.
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    Someone correct me if im wrong, but to me it doesnt look like the company has bought back any shares. Wasn't a buy back approved at last years AGM? perhaps they didn't expect to be buying shares over a dollar haha

    to me it looked like a great yearly, obviously a big order from china this year had a massive impact.....maybe people waiting to see if its a one off? but with the amount of private hospitals now in china, i sincerely doubt it, signified to me a big break into the Chinese market .expecting a flow on order of generators. As stated in the announcement, we will see a significant flow on effect because of the influx of generators on the market. The PAS sales will jump next year in china.

    Thing i love most about CYC is its recurring profit from its PAS product. There would not be many hospitals in the world which would really need any more than one generator.....its pretty rare if a hospital has two.....but can occur in the biggest nuclear medicine departments, or if there is a pediatric specif department attached (Westmeads Childrens hospital for example). Buy selling, kits that that are meant to be used once and then put in a lead box for three days till it the short half lived Technitium99m decays to almost background levels (6hr Half/life).....and then put in the bin.

    Sold as a box of 20 individual PAS packets. Consisting of 2 different types of mouth pieces, and a tube with a 2 way air valve that connects to the technegas machine......which pretty much just burns the Tc99m (technetium) at ridiculous heat. (tiny graphite crucible is also sold in kits that the Tc99 is injected by a technologist and i guess a current runs through the graphite to heat it up ). The whole process takes less than 3 minutes on a good day from inject....burn.....dose the patient.

    So, id guess they would be cheap to make.....and guaranteed income stream from each technegas machine produced. Could go on about the potential with china in Chronic obstructive pulmonary disease, but thats still in the works so just leave that one for the company to update us on the trial results.

    Now to the FDA and the potential in america......50% of the global percentage of nuclear medicine practices. 2018 is far off.....but the exact concept about initial generator sales followed up by steady increase in number of PAS sales. Very bright future i think, love long term outlook. Will be good to see the presentation in end of feb to see the break down of sales per country and get a better overall picture, and maybe a few timeline updates or confirmations (FDA submission for the second part of the trial got accepted ahead of schedule and patient recruitment may have already started and results collecting.)

    over a mil spent of the FDA trial last year, as well as a splash of cash for "relocation fee"....obviously worth paying, and they are not a recurring cost. once the trial is over....that will give the profits a kick, with over 2 million spent over the last 3 years. Good news in my long term outlook books.

    So fundamentally the company is doing well, medium/long term potential evident. If management keep meeting deadlines and the company does well....the SP will follow.
    Short term......not surprised to see some volatility....but i dont want to jinx it.....but will we see a follow up order from China?.....COPD trial results? Ultralute sales?

    All things that should provide support levels as the SP rises. Volume probably scaring some people off before they even look any deeper. But yeah......thats my early morning take (Ramblings) on the announcement and the company.

    PS

    I must admit i like that this company isnt on the top most discuses list week after week...none of the trolls

    CYC......bit of an underdog....aussie biotech actually making profit.....only 50mil market cap.........dividend.....year on year double digit growth. China......growing market..........USA......bigest market. WE GONa BAG when potential becomes closer to reality
 
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