UNI - Unilife Medical Solutions
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The little trades continue every 5 minutes , this has been going on since thursday last week. Could be just a broker buying on behalf of a whole lot of individual portfolios? Not really sure to be honest.
Im not aware of any type of buyback.
Anyone else with thoughts?
Im not aware of any type of buyback.
Anyone else with thoughts?
chops_a_must
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Yeah, I have no idea.constable said:
It's doing ok though. Will probably establish a range between .30 and .35 for the forseeable future.
Each morning it seems to open with strong orders on the buy side. Not being accumulated by someone is it?
chops_a_must
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Some interesting developments on this one:
I then refer to the announcement on the 9th of the 6th last year where it states under "Key facts on IBS" that it is "In discussions with a number of US companies, which will rapidly expand its cleanroom operations to facilitate the introduction of additional OEM production lines."
http://imagesignal.comsec.com.au/asxdata/20060609/pdf/00621125.pdf
You can draw your own conclusions from that... But I think it is pretty obvious.
A company with a current market cap of 43m AUD, that owns a company who is currently earning between 6 and 10 million US and expanding? Yes please! But as always, the cash flow is the problem for this stock. Although, this is more than likely going to be helped by the success of IBS.
It may also be one for the bottom pickers as well. Bounced off a double bottom yesterday.
Disclaimer: This is in my long term portfolio.
Edit: And as I typed this, great news came out:
Under the agreement signed today with Unilife, Y.H. BioTek will market Unitract products as
its exclusive safety syringe product range within Taiwan, and has committed to the minimum
purchase of more than 1.5 million Unitract 1mL safety syringes in the two years following
local regulatory approval.
Mr Alan Shortall, Chief Executive Officer of Unilife, said the agreement with Y.H. BioTek
was a further sign of the strong international demand the Company was encountering for its
premium Unitract portfolio of safety syringes.
“Unilife is now receiving an unprecedented level of interest from medical device suppliers
around the world which are seeking to acquire local distribution rights for the sale our
products,” Mr Shortall said.
“Given these strong rates of international demand, Y.H. Biotek has sought to guarantee their
access to sufficient quantities of 1mL Unitract safety syringes to meet anticipated market
requirements within Taiwan. Y.H. Biotek have informed Unilife that the Taiwan Department
of Health subsidises the use of insulin syringes for diabetics, and that they are seeking to
follow the United States in the use of sharps safety products within healthcare facilities.
“We consider that their commitment to order at least 1.5 million units in the first two years
after local regulatory approval is sufficient to justify our signing of an exclusive distribution
agreement for Taiwan at this time. This agreement is also a clear indication that there is a
strong appetite for the use of premium sharps safety devices within traditionally pricesensitive
markets such as Asia. Unilife looks forward to building a strong relationship with
Y.H. Biotek for the sale of our sharps safety products within Taiwan.”
The UNI v RTL contest gets bigger!
I then refer to the announcement on the 9th of the 6th last year where it states under "Key facts on IBS" that it is "In discussions with a number of US companies, which will rapidly expand its cleanroom operations to facilitate the introduction of additional OEM production lines."
http://imagesignal.comsec.com.au/asxdata/20060609/pdf/00621125.pdf
You can draw your own conclusions from that... But I think it is pretty obvious.
A company with a current market cap of 43m AUD, that owns a company who is currently earning between 6 and 10 million US and expanding? Yes please! But as always, the cash flow is the problem for this stock. Although, this is more than likely going to be helped by the success of IBS.
It may also be one for the bottom pickers as well. Bounced off a double bottom yesterday.
Disclaimer: This is in my long term portfolio.
Edit: And as I typed this, great news came out:
Under the agreement signed today with Unilife, Y.H. BioTek will market Unitract products as
its exclusive safety syringe product range within Taiwan, and has committed to the minimum
purchase of more than 1.5 million Unitract 1mL safety syringes in the two years following
local regulatory approval.
Mr Alan Shortall, Chief Executive Officer of Unilife, said the agreement with Y.H. BioTek
was a further sign of the strong international demand the Company was encountering for its
premium Unitract portfolio of safety syringes.
“Unilife is now receiving an unprecedented level of interest from medical device suppliers
around the world which are seeking to acquire local distribution rights for the sale our
products,” Mr Shortall said.
“Given these strong rates of international demand, Y.H. Biotek has sought to guarantee their
access to sufficient quantities of 1mL Unitract safety syringes to meet anticipated market
requirements within Taiwan. Y.H. Biotek have informed Unilife that the Taiwan Department
of Health subsidises the use of insulin syringes for diabetics, and that they are seeking to
follow the United States in the use of sharps safety products within healthcare facilities.
“We consider that their commitment to order at least 1.5 million units in the first two years
after local regulatory approval is sufficient to justify our signing of an exclusive distribution
agreement for Taiwan at this time. This agreement is also a clear indication that there is a
strong appetite for the use of premium sharps safety devices within traditionally pricesensitive
markets such as Asia. Unilife looks forward to building a strong relationship with
Y.H. Biotek for the sale of our sharps safety products within Taiwan.”
The UNI v RTL contest gets bigger!
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is anyone watching this one - seems to have started moving in the past few days, since the annoucement last week - Unilife Strengthens Relationship with Pennsylvania ????
UMike
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If I could post charts I'd heave posted it in the breakout section already. 
Still haven't been convinced enough to buy them myself yet.
Still haven't been convinced enough to buy them myself yet.
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I hold. But with little interest now. The anns keep coming with the carrot dangling. Don't like carrots anymore.
Noticed SFP (UNI Competition) just won a huge order for Australia. But that didn't do much for it. (still under .30)
If UNI does ever get the US or European market, I'm sure it will move. But realistically, that would be years off IMO.
Unilife ( Uni ) latest news release.
A Unilife announcenment has just come out this afternoon regarding their financial position. They are cash postive with about 5.7 million dollars in the bank, this is up approx 1.5 million dollars on their June financials.
Interestingly it states that they are to commence production of the 1ml Unitract Safety Syringe at their plant in China in March 2008. They are supplying unnamed markets, including Canda and Switzerland.
What does the board think about this stock ?
My thoughts are to hold ?
A Unilife announcenment has just come out this afternoon regarding their financial position. They are cash postive with about 5.7 million dollars in the bank, this is up approx 1.5 million dollars on their June financials.
Interestingly it states that they are to commence production of the 1ml Unitract Safety Syringe at their plant in China in March 2008. They are supplying unnamed markets, including Canda and Switzerland.
What does the board think about this stock ?
My thoughts are to hold ?
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My guess in the 22 mil options that expire eom. Price had to go towards 40 cents, but amazed it has surpassed.
The recent company ans have put life into the sp. Lets hope they follow through with results rather than talk.
Well what goes up!!! must come down!!
It's been in the green for over a week now and has built a solid base!
The SP would only drop because of the day traders!! which is what you'd expect in this dodgy market...
But as mentioned earlier, we are expecting announcements so I'd keep a close eye on that!!
If you think long term! your set!!!
Gluck mate, hope you come back in soon before you start pulling your hair!!!
It's been in the green for over a week now and has built a solid base!
The SP would only drop because of the day traders!! which is what you'd expect in this dodgy market...
But as mentioned earlier, we are expecting announcements so I'd keep a close eye on that!!
If you think long term! your set!!!
Gluck mate, hope you come back in soon before you start pulling your hair!!!
doctorj
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Those evil day traders! Can't trust them with anything... Do you have any evidence of this, or is it just a cheap ramp?Well what goes up!!! must come down!!
It's been in the green for over a week now and has built a solid base!
The SP would only drop because of the day traders!! which is what you'd expect in this dodgy market...
But as mentioned earlier, we are expecting announcements so I'd keep a close eye on that!!
If you think long term! your set!!!
Gluck mate, hope you come back in soon before you start pulling your hair!!!
Doctorj - I am not ramping, simply stating what has happenened today!!
UNI opened at 33c and rallied to 43c. I'm only stating my opinion on what I have seen!
1. Investors who bought into this 6 to 12 months ago may be selling off to break evan or wateva!! Bare in mind, 43c is the highest this SP has been since early November from memory.
2. Let's not kid ourselves, there will be day traders coming in and out of this stock! Let's hope it's not like WMT!! Constantly getting pumped and dumped!!
I'm thinking Long term, so day traders are not of a concern to me really...jsut annoying to see it happen so often these days...that's life i guess!!
As I've advised in all my post! DYOR!!!!!!!!!!!!!!!!!!!!!!!!!!!!
If you need me to elaborate further, please tell...
I'm simply getting to the point..
UNI opened at 33c and rallied to 43c. I'm only stating my opinion on what I have seen!
1. Investors who bought into this 6 to 12 months ago may be selling off to break evan or wateva!! Bare in mind, 43c is the highest this SP has been since early November from memory.
2. Let's not kid ourselves, there will be day traders coming in and out of this stock! Let's hope it's not like WMT!! Constantly getting pumped and dumped!!
I'm thinking Long term, so day traders are not of a concern to me really...jsut annoying to see it happen so often these days...that's life i guess!!
As I've advised in all my post! DYOR!!!!!!!!!!!!!!!!!!!!!!!!!!!!
If you need me to elaborate further, please tell...
I'm simply getting to the point..
interesting to see the please explain announcement they made yesterday. Directors are very tight lipped about the name and dealings with the pharmaceutical company and what stage they are up too.
Hopefully for those holding the deal comes off, what are peoples thoughts, is there even a deal or?
i might wait a few days and get back onto these guys again.
Hopefully for those holding the deal comes off, what are peoples thoughts, is there even a deal or?
i might wait a few days and get back onto these guys again.
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