VSG visiomed group limited

Hi Football Star,I belive VSG is due for a re rating, all the...

  1. 388 Posts.
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    Hi Football Star,

    I belive VSG is due for a re rating, all the ducks are finally starting to line up for VSG.

    VSG has gone through a major revamp of production which will give them 70% GP on there range of products (alot more profit), there sales have been increasing year on year.

    They have so far secured $7.1 million in distributor contracts in the last 7 months. They have just had a maiden profit from sales for the first time this calander year.

    Market Cap only 12 million and over 2 million in the bank.

    Patent granted in China with distribution deal to come, also looking for recent distributors in Europe and USA are heading into the winter months( sales figures to come). Also looking for distributors in Japan and Germany.

    Progresively developing IP for other respiratory drug delivery as stated in the last set of financials.)other potential markets)

    Theres probably more, but all in all...a Major Re rating is due.

    Just my opinion DYOR

    Cheers, PK
 
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