Don't miss today's news on yesterdays excitement. A program to get orders with proper indications is no minor feat. They are not the first to offer this but it is nice to have it in their service line. This can save a hospital as much or more than meeting meaningful use requirements. This also stops tons of resources in getting orders and delayed documentation.
Sentiment: Strong Buy
Don't feel bad. Think of all those millions that sold at 2.50 after that sad earnings report quarters ago. They made all those flinch that were still around from that period on the recent earnings. When your stock is cut in half with no chance to buy on the way down there isn't much you can do but buy more. I doubt that this will happen again since recurring subscription earnings will add stability.
At first I was scared when they stated that there was a short position on by the lender in this deal. After reading the filing it showed that they payed 14 dollars for shares so their must be some intrinsic value in the company. Also in the call they stated that they would see revenue from this deal in 2015 so all this calmed my fears. Beside the P&F chart has already broken out and the next stop is 8.
They sure played up any number they could make sound negative in a lot of posts from their earnings report. Zacks even re-posted some crazy blog with inaccurate numbers. It's funny that at the same time management was purchasing shares. Well all those posters that were bashing management and trying to get people to sell at $2 because there were no insider buys at that level got their wish. I hope they didn't get your shares.
My major take away from the call is that they increased their workforce by 20% which was one of my reasons the company wasn't increasing revenue. I also suggested that they start a migration service since new account need this and they can cash in on this. Instead they put out software and sell it to them to do it themselves.
If there is only one thing you need to take away from the call it is this: Hospitals are loosening their belts and are spending money.
Earnings were in-line with the companies estimates. Earnings per share came in at 5 cents which beat by 1 cent. They didn't loose money in the fourth quarter so on December 31st I feel they did ok. This time they couldn't crash this down to $2.50 but they tried real hard. A lot has changed and investors aren't going to jump on thinking the company will go under. Beside the stock has already broken the top to next stop is 8.
They sure are making the numbers out to be drab. Did they say anything about the new international business? Don't let them take your shares on the cheep. Look at the press release not just the excerpt posts.
How can Burns do all those positions? Is the stock responding on the news that Fairy steps down? If that's the case they should have let him fly. Burns has a no win situation unless he makes several new hires and delegate but that will be hard trying to make the numbers. The stock price increase suggests that he is up to the task.
Are you kidding? How much do you want in news? I am more focused on getting the subscription base up to par level which they obtained last quarter and holding it. My hospital and 2 others in the enterprise are about 3/4 done with the go live and migration which took way too long with more hospital sets to follow.
The main drag is selecting or hiring personnel to train and maintain the system at the sites. I was happy after a previous post that they developed a migration software after seeing the amount of capital we spent to migrate the data. I with that they would have developed a service instead of selling the software. It is money left on the table but they probably think it is added to the subscription base.
I'm sure that the stock price is putting a lot of share holders though some changes. I'd love to get them all in a room and watch. + or - it's where the money is made.
What does Zacks think? lol
I'm loving the whole no share thing. If they can make something with China sales (after waiting so long) it will blow the EPS thing right out of the water. This will increase the stock price (finally at 3) which is their goal to get listed on the NYSE stated in their call a couple quarters ago. Milestone Medical is still in its infancy and is there now to develop products not profits or earnings. They are using their patents to gain cash flow or value in this new company so it is great that in the future they will own a portion of it in stead of just royalties.
The CE mark is one thing but you still have to get it past the FDA's or regulating bodies where you wish to sell.
The company has come a long way from tooth whitening. It left the realm of fads like breath drops (sigh). If I would have seen this I would have purchased more.
I could have used an injection instrument that identified the knee joint while placing medical research drugs in my last study.
3 then NYSE
These are the report dates for the foreign entity. Tomorrow / Friday
MILESTONE MEDICAL INC. Dates for Transmission of Periodic Reports in 2015
Raport Bieżący nr 1/2015
Dates for the transmission of periodical reports in 2015
The Board of Directors of Milestone Medical, Inc. informs of the dates for the transmission of periodical reports in 2015:
- 2014 4Q report – 30 January 2015;
- 2015 1Q report – 15 May 2015;
- 2015 2Q report – 14 August 2015;
- 2015 3Q report – 13 November 2015.