Australian (ASX) Stock Market Forum

RBY - Rockeby Biomed

Thinks seems to be going in the right direction for RBY. The question is how long for ? :)

Authorities have detected Egypt's first human case of the highly pathogenic H5N1 bird flu virus since May, a World Health Organisation official says.

Hassan el-Bushra, regional adviser for communicable diseases surveillance at the World Health Organisation, said the woman had tested positive for the avian influenza virus in tests carried out by Egyptian health authorities.

Hanan Aboul Magd, 39, has been in hospital since October 4 and has been treated with the drug Tamiflu. Her condition was stable, state news agency MENA reported.

Egypt has had the largest cluster of human bird flu cases outside Asia, and the fresh case came a month after authorities found a number of new cases in birds following a two-month lull in detected poultry cases.

The new infection brings the number of human cases in Egypt to 15, of whom six have died.

All the previous infections were detected between March and May after the virus first surfaced in Egyptian poultry in February.
 
New contract in Indonesia sounds promising for this stock, I believe with the new placement and the new contract with Indonesian government they have now sorted for a while their financial problem.
If they can get right their bird flu quick test product and sell it to other countries, I believe this stock then should have a lot of potential.
Still very speculative but what do you expect when you pay 2 cents per share.
:)
 
Hi,

I don't want to sound pessimistic but as long as you get this type of article this stock is likely to be a good bet.
I like it because compare to other they do have a product to sell now which they did with the contract they just signed with indonesia. This is a big plus for a small cap.


General practitioners will be crucial to avoiding large numbers of deaths in Australia in the case of a pandemic influenza outbreak, Australian National University research says.

Health experts are preparing for the country's largest ever health simulation exercise next week in which they will deal with a simulated influenza outbreak.

ANU Medical School research team member Professor Marjan Kljakovic said GPs would play a key role in containing pandemics, which might otherwise spread rapidly, crossing continents in days.

He also said GPs would be doing this while providing care to patients with severe illnesses that are not flu related.

But Professor Kljakovic said the research funded by the National Health and Medical Research Council had shown some barriers to GPs participating in what needs to be a whole-of-health-community approach to an outbreak.

"There are roadblocks for GPs. Some of these are to do with regulations," he said in a statement.

"How accountable will GPs be for patient care in the altered environment of a pandemic? Will they be able to delegate some of their work to others?"

The researchers also called for new funding models to support different clinical practice in a pandemic situation.

Professor Kljakovic said doctor numbers would be depleted as a result of contact with influenza patients, resulting in a stretched medical workforce dealing with increasingly ill patients.

© 2006 AAP
 
That is why RBY in my opinion is a good buy. Countries will need rapid test to identify bird flu :
A 27-year-old woman was killed by bird flu - Indonesia's third death from the virus in as many days - bringing the nation's toll to 55, the World Health Organisation said on Tuesday.

The woman from Central Java province died on Friday, five days after she developed symptoms of the disease and one day after she was hospitalised, WHO said in a statement on its website.

"The source of her exposure is currently under investigation," it said.

An 11-year-old boy succumbed to the disease in a Jakarta hospital on Saturday and a 67-year-old woman on Sunday in the West Java town of Bandung, Indonesian health officials announced earlier this week.

The H5N1 virus has killed at least 151 people worldwide - more than a third of them in Indonesia - since it began ravaging Asian poultry stocks in late 2003, according to WHO.

Most of those killed have been infected by domestic fowl, but WHO fears the virus could mutate into a form that easily spreads among humans, sparking a pandemic with the potential to kill millions.

Indonesia, the world's fourth most populous country and home to millions of backyard chickens, is considered a hot spot for that to happen.

The government has been criticised for failing to aggressively deal with the virus in poultry stocks, either by mass slaughters or vaccination.
 
Interesting reading :

Bird flu vaccine in wider test
October 17, 2006
SCORES of children and older people will be given a trial vaccine against deadly bird flu after the Australian-made test vaccine proved safe on adults.

Perth researchers have begun trialling a vaccine manufactured by serum and vaccine maker CSL on the two groups deemed most vulnerable.

Similar trials are expected to start soon in Adelaide and Melbourne - involving 800 people in total.

CSL said initial trials on 18- to 45-year-olds, which began in the three cities last year, found the vaccine to be effective with few side effects.

Telethon Institute for Child Health Research in Perth is recruiting 100 children aged six months to eight years and the same number of people over 65.

Study leader Dr Peter Richmond said the results needed to be tested on more vulnerable groups.

"In any flu pandemic, young children and the elderly are particularly at risk," Dr Richmond said.

"The best preparation is to have a vaccine available that is proven to be safe and effective - and that's our aim."

He said there was no live virus in the vaccine, which meant there was no chance of becoming infected.

Study volunteers would receive two doses of the vaccine three weeks apart, followed by blood tests over the following seven months to check immunity.

The commonwealth-supported vaccine - believed to be the first of its kind in the southern hemisphere - was developed from a strain taken from a Vietnamese bird flu victim.

CSL said its product could be available in Australia within six weeks of a pandemic beginning.

However, it warned that because the vaccine was developed from one strain of the avian flu it may not provide immunity if the H5N1 virus mutated and became highly infectious between people.

CSL said it would give its research to the Therapeutic Goods Administration for approval as soon as the trials were complete.
 
Fab said:
Am I the only one interested in this stock ? :)
By the way not a bad announcement today :)

Could be - i for one wouldn`t touch these guys... from a pure beer swilling, pokies playing, Aussie bloke, red-blooded speculation POV it might be worth a punt but from any long-term view it is just too suss for mine... I have been watching this stock for sometime and it seems to be the CTO of biotechs (raises cash all the time and not a whole lot else - my two cents)...

That said good luck if you hold (but i won`t be joining you on the register)...

:)
 
Sodapop ,

Thanks for your comments. I guess any 1 or 2 cents has to be a bit suss otherwise they would not be trading at this level. I think on the positive side with this share is that they have some sale on board and now they have enough money to take them through 2007. With more coming from potential bird flu deals. I like the prospect so and they are in a position where they have something to sell , not always the case for companies trading at this price
 
That is why this stock has potential. As long as government are wary about bird flu this will generate business for RBY. Remeneber their quick bird flu test is ready to ship:

BUSINESSES and households need to prepare now if they are going to survive a bird flu pandemic, a new Queensland Government plan warns.

The Action Plan for Pandemic Influenza, released today, warns measures should be put in place now to cope with a possible pandemic that could hospitalise more than 24,000 and kill almost 6000 people in Queensland alone.

The plan has been drawn up to meet the problem of any pandemic, including the avian influenza virus, or bird flu, which has cost 151 lives in Asia, Europe and Africa.

The impact of a pandemic was likely to be nationwide, lasting up to 12 months with cases occurring in 'waves' within the community, the plan says.

Those infected would be quarantined in their homes, and those with more severe cases, in hospitals.

It warns absenteeism could be as high as 50 per cent as people became sick and schools and businesses closed to prevent the spread of disease, affecting essential services, hospitals, food supplies and the economy.

Under the plan, social distancing – where people cannot shake hands, hug or kiss – as well as vaccines and protective equipment would be used by staff to keep essential services online.

At home, people should stockpile non-perishable food, medicines, soap and vitamins in case they have to quarantine themselves or care for children at home.

Businesses should encourage employees to work different hours and from home, educate employers on symptoms, adopt strict cleaning techniques, and prepare financially.

"Business continuity planning has a role to play in all areas, from the local shop owner to those organisations that provide essential services such as power, telecommunications, water supply, sewerage treatment and law and order," the plan states.

Premier Peter Beattie said there were an increasing number of bird flu outbreaks around the world and urged all to take the plan seriously.

The plan's release came as an extra $11.7 million was allocated for personal protective equipment for frontline emergency service staff and lab equipment for rapid confirmation of infection to be used during an outbreak.

Mr Beattie said Queensland had its own stockpile of 30,800 courses of anti-viral drugs and could also call on the national stockpile if that was not sufficient.

This week, the large-scale state and Federal Government's Exercise Cumpston was played out at Brisbane Airport, testing the response of health and emergency services personnel to the landing of a commercial flight with an infected person aboard.

More than 1000 people were involved
 
Wow. Not sure what is happening but RBY is moving up quite a bit. May be some insider trading :)
 
Fab said:
Wow. Not sure what is happening but RBY is moving up quite a bit. May be some insider trading :)
Yeah
Some children raided the piggybanks and thought they could load up a few thou shares at a few cents a share.
Anyone thinking that they will get rich on RBY is seriously delusional, unless they are directors (who are seriously incompetent).
I see that krisbarry lives in various guises on this site - a pity for those who are looking for some genuine stock analysis.
 
rederob said:
I see that krisbarry lives in various guises on this site - a pity for those who are looking for some genuine stock analysis.

Rob, Kris was originally krisbarry here until he was banned last November. After a period of time he was allowed back as Stop_the_Clock on the condition that he not continue with his old ramping ways. I can assure you that to the best of my knowledge (and I do regular checks) Kris only has one active account on ASF.
 
Rederob,

I forgot to mention in my last email that I am not krisbarry and that RBY went up 64.71% this month not bad for an "out of favor stock ".
I have explained my reason in previous posts why I believe this stock has potential. I know it is not a resource or bank stock which are the flavour of the month at the moment but when biotech stock come back I believe RBY will be doing very nicely. I own it and I am looking at mid to long term so I guess it depends what type of investor you are but anyway I would be interest to understand what is your analysis of this stock and why you are so negative about it. Just curious ;)
 
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