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M7T - Mach7 Technologies

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Moneybags

Moneybags

Joined
25 April 2006
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Safety Medical Products - SFP

Dear all,

Couldn't find a thread on this.

Insider first mentioned this stock on the RTL thread......I was impressed then and can't believe how much it has moved in a month, on the back of some good announcements admittedly. Currently at .87 on lowish volume with 9% gain today.

I know very little about this stock and as yet am unable to post a chart (somebody please).

I just thought this stock should be noted.

Cheers

MB

I don't hold..........(yet)
 
Re: SFP - Safety Medical Products

So what have we got NO ANALYSIS in any form
Some insider Trading ?

Looks like blatant RAMPING


Cheers
 
Re: SFP - Safety Medical Products

Take it or leave it Coyotte...........no ramp..........I repeat I don't hold.

MB
 
Re: SFP - Safety Medical Products

Phenomenal run of late - 6 Month Chart for you MoneyBags
Does'nt appear to need any substantial volume to get this one moving which is a bit worrying
 

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Re: SFP - Safety Medical Products

Thankyou noobs :) very much appreciated.

I hope ASF members ( minus Coyotte ) gain something from this.

MB
 
Re: SFP - Safety Medical Products

I'm glad to see that the stock is jumped up alot... They've got alot of highly disposable products so there will always high demand... Kind of like razor blades... Took a while for them to move but too bad I never had money on them
 
Re: SFP - Safety Medical Products

Gee insider, I thought I was silly not getting on this........ you alerted me to it........I thought you were on for sure. Oh well.

MB
 
Re: SFP - Safety Medical Products

Nah dude I don't feel stupid at all... Those 0 day volumes are a worry to me and will always be... I guess you have to be in it to win it ;)
 
Re: SFP - Safety Medical Products

More than 7 years - no activity on this thread.
Hopefully some one will read this to respond.
This scrip off late has gone off to a very high volume.
Aparently all it relates to 3 D acquisition.
Does any one know more - how could it became astronomically active but no flags from ASX either and just crusing.
 
Re: 3DM - 3D Medical

On February 17th, 2015, Safety Medical Products Limited (SFP) changed its name and ASX code to 3D Medical Limited (3DM).
 
On April 14th, 2016, 3D Medical Limited (3DM) changed its name and ASX code to Mach7 Technologies Limited (M7T).
 
System said:
On April 14th, 2016, 3D Medical Limited (3DM) changed its name and ASX code to Mach7 Technologies Limited (M7T).
Click to expand...

hmm - SFP changed to 3DM changed to M7T. :rolleyes:

I wonder who did better over the years, the shareholders or the directors? :confused:

SFP-3DM-M7T.png
 
pixel said:
I wonder who did better over the years, the shareholders or the directors? :confused:
Click to expand...

Not the shareholders that's for sure. Disappointing half year results for Mach7 Technologies released today. Revenue of $3.86 million down 19% compared to the previous corresponding period and a half year loss of $3.4 million.

Mr. Market's reaction: share price down 24.29% (8.5c) to 26.5c. Not looking good for M7T.
 
Interesting chart below.

Announcement on the 28/3 seems to have caused the turn around in SP.

upload_2019-4-13_8-7-38.png


upload_2019-4-13_8-10-53.png


not held
 
@Trav. Your post was spot on as the price has not stopped going up. M7T did not appear on my radar until price was at 0.35. I looked at it and even read a bit about what it does. M7T is a cloud based SaaS that aggregates patients' medical records so that a clinician has access to them. It does a similar job to PME, but does it differently. Stockhead had a few notes about M7T a while back.
Unfortunately I don't hold. D'oh.

m7t1306.PNG
 
M7T appears unstoppable at the moment.

Yesterday the company announced that it has signed a Software and Services Agreement with Advocate Aurora Health, an integrated healthcare network headquartered in Milwaukee, Wisconsin. The agreement has a minimum total contract value of A$5.7 million across a five-year term. A$550k per annum will be added to the Company's annual recurring revenue, taking the total annual recurring revenue under contract to A$8.4 million per annum.

Sales growth appears very strong. They reported similar strong sales in an announcement dated 24 April. Will be interesting to see the next Quarterly.

A nice trade for those who got on board a week ago.

big.chart-M7T.gif
 
greggles said:
M7T appears unstoppable at the moment.

Yesterday the company announced that it has signed a Software and Services Agreement with Advocate Aurora Health, an integrated healthcare network headquartered in Milwaukee, Wisconsin. The agreement has a minimum total contract value of A$5.7 million across a five-year term. A$550k per annum will be added to the Company's annual recurring revenue, taking the total annual recurring revenue under contract to A$8.4 million per annum.

Sales growth appears very strong. They reported similar strong sales in an announcement dated 24 April. Will be interesting to see the next Quarterly.

A nice trade for those who got on board a week ago.

View attachment 96069
Click to expand...

M7T Capture.JPG


M7T CAM Capture.JPG


Systematic trading is not always ideal but sometimes times it gets it right.

Disclaimer
I'm not in the CAM position as the signal was generated before my CAM Strategy went live - The chart was posted for the interest of others.

Skate.
 
M7T is my top pick for the 2020 competition
  • it's a tech business (imaging) in the healthcare industry
  • has been cash flow positive (on average) since March 19
  • recently raised $20m
  • hopefully this will accelerate it's growth and put a rocket under the share price!
 
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