Australian (ASX) Stock Market Forum

BPP - Babylon Pump & Power

Hi all

Announcement out ....bloody dreadful from what i can see limited revenue and costs going up.

Is company going to be broke within 12 months.

cheers
SG
 
Oh how much lower can this go:banghead:

I'm really learning the hard way about being long in stocks.
I'm beginning to think its only worth your while to be long for a long period of time in blue chip stocks...not species.

**Except for banks at the moment** hehe
Thankfully banks stocks where too expensive for my poor status.

Anyway I wonder whats happening with the whole Sigma thing and IMI??

Obviously nothing soon or people would have been buying. Yes..i do believe in Insider trading, just look at CFE this week:eek:
 
Hi Go Nuke

My understanding is that IMI is trialling the CPI in Italy next Month and then are involved in a Major forum in Chicago at the end of March that is attended by up to 30000 including cardiologists doctors and anyone interested in this medical area from around the world. If you google JACC you can get more info.

These events The Italian trial and the Chicago Forum may be critical in the going forward for IMI.

Cheers
SG
 
I'm surprised this hasn't popped up on the radar today - massive volume again just like a few months back, up 20% on the close and days high was up 50%. Any ideas or is it just speculators chasing quick $ again?
 
So... Is anyone able to explain why the forgotten has had so much activity in the last couple of days? :confused:
 
Good to see IMI's share price now above the 200MA.
Correct me if Im wrong but this is a bullish sign. Once the 50MA crosses the 200 day, it should be game on for IMI investors.

Though I would put this a few weeks away at best IF things keep heading in the right direction.

Some resistance to get through at .03c.
They have been quiet for some time. Must be due for an announcement soon i guess.

From what i can tell it will be to ann the shipping of 2 Intelliheart machines to Dubai which is happening this month.
 
Hi

Go Nuke
From what i can tell it will be to ann the shipping of 2 Intelliheart machines to Dubai which is happening this month

Do you really think they would need to go into a trading halt for that announcement.

Cheers
SG
 
Probably not.

I was just trying to state what I knew from the last IMI newsletter that was coming up this month.

Hey the best thing I could throw in there was a ann that Sigma has partnered or taken over IMI:D

But that just a pure speculative remark;)

Though i am happy with any news that may be about the Arabs in Dubai.
Those guys are loaded and have really developed a open trade with the rest of the world.
 
Nuke, r u still holding?
5c wont be far away and seems your patience will be rewarded soon...
I bought this little hearty around 6c and hold for long run...the pending ann could be anything. anyway, as it says, muust bee significantly huge for the company: sigma? italian gov? Vic Gov contract?
Any thoughts??
 
Hey I'd forgotten about the Italians!:)

Yes mate I still hold.

I bought in last year at around .042c then bought more at .052c.

I'm still a novice in regards to the share market and at the time had only been into shares for about 6 months.

I had no idea that making a 65%+ gain...was good!......and watched it all come crashing down living on the hope that the share price would turn around any day now. lol.

I therefore became "an investor";)
I hold about 3 Bio stocks to try dyversify from resources.

IMI, AVX and CUV.
All of which are losses.
Ive been pretty bad at this game so far..lol. But learning alot along the way and enjoying myself.

As for IMI, guess we will all have to wait and see.

personaly, i hope it takes off...as i picked it for the stock comp this month;)
 
Hi all

They have had their fingers in alot of pies as has been indicated also you can throw in the the mutual funds deal.

I really don't know which one of them it may be but they certainly need the cash so lets hope its got some of the moolah in there.

Cheers
SG
 
Um...ok.

I thought todays ann was a good thing???????

Or have IMI just sold their only source of income?:confused:

Whats the go?
I feel like a real mug today after topping up when i read the announcement:fan

What a disaster:(
 
Go Nuke - I was watching this stock and bought into it the other day, and was cheering that I'd timed it with a 'significant' announcement.. and I must say I can't believe how the SP plummeted today after what I too thought was good news!

The only thing I can possibly think of that could be bad in it, is "Under the agreement, Sigma will also have the right to produce and market other health and heart-related products under the Intelliheart brand." Don't know if this cheapens their brand name or anything.

I'd say people weren't happy that there were no $$ mentioned. *shrug*

I ended up picking up some more at 0.023 in the hopes that there was just some panic selling going on LOL, and that it was just a bad day all round for most stocks. SURELY it's got to pick up? Perhaps we need some profit forecasts now that it's retailing in these pharmacies.
 
I'm blown away really!

It was a disasterous day for IMI holders.
My average buy in price is now .041...so still holding a loser stock..lol.

Can anyone shead some light on the fundamentals of IMI now?

I think you were right RocketGirl about no money mentioned.

I liked the announcement but its a bit vague isn't it.

Also i dont think IMI have anything else in the pipeline other than this machine do they?
I too hope its been oversold today.:confused:
 
I gave Mr Roman Najdecki the CFO of IM Medical a call this arfternoon to discuss the Sigma deal.

He was saying that senior management are also "blown away" and "dumbfounded" by the markets reaction to such a significant announcement.

He said more details on the deal will be out shortly (in the IM Medical newsletter) Not sure if any of those details will make it to the market or not.

Once Sigma introduce the Intelliheart system into pharmacies nation wide, IMI will be looking at around 55,000 tests per annum (think it was per annum:confused:) It then means that Sigma can sell a product to a customer if they need it under the Intelliheart name.

I guess perhaps thats where some might think that IMI miss out. But then again, they aren't in the bussiness of supplying drugs to people for their heart conditions.

Even Roman speculated that perhpas investors thought IMI might not have the capital to progress and were expecting some money in the last announcement in some way, shape or form.

Also the Intelliheart units going to the UAE will probably leave or be there by the first or second week of July and it only takes about 2 weeks of training.
All info is then sent back to Aus.

All in all it seemed like a very positve thing from IMI.
I wish i knew what the market whad been expecting:confused:
 
I wouldn't worry too much about the resignation of the CEO - as much as it represents change (which we all love oh so much). As much as it may be spin and I may be naive, the notice is fully positive - he's leaving on a high in that he has achieved his objectives which likely positions the company well for the future. At least early in my executive career (which I'm not) I would want to get out with marketable successes under my belt.

I know - did I happen to notice the free-fall in share price? Yes. As my name indicates, I'm new at this game and therefore have only just bought in at 1.6 cents. What is heartening for all, however, is the trading that has gone on at 1.5-1.7 cents - literally 10's of millions of shares have changed hands with only a marginal change in price. The stock appears to be stabilising at about 1.6 cents (average) - now the company can start performing against what has been set in place and getting everyone else back into a positive stock holding (and make me very happy).
 
Positive announcement out today.

Intelliheart commences sales in Sigma pharmacies

IM Medical Limited (IMI) advises the market that the sale of the Intelliheart Retail Pack
through 200 Victorian Amcal, Amcal Max and Guardian pharmacies commenced today.
With the assistance of IM Medical Limited, all the relevant pharmacy staff around Victoria
have been trained in the benefits to the consumer of taking an Intelliheart risk
assessment.
On a sessional basis, IM Medical has established ten testing sites in Melbourne and
twelve sites in regional areas to cope with the increase in test numbers. These will be
regulated dependant on demand in those areas.
IM Medical and Sigma Pharmaceuticals will monitor the progress of the market uptake of
the product before planning begins on the implementation of Intelliheart testing in the
other states.
IM Medical will support the Victorian sales with a PR and Marketing campaign throughout
Victoria during September to raise the awareness of the unique Intelliheart product – what
it is and where to buy it. The campaign will also educate consumers about the benefits of
the Intelliheart product and the opportunities it provides for individuals’ to improve their
heart health.

Also some recent director buying (small parcel) so maybe we will see a bounce at these 1c prices!?

I'm not quite game enough to jump in yet but looking at the company more closely their certainly seems to be more upside than down imho
 
Top