LMA   

Uptrending of LMA

In continuation of stock exchange release no. 4 ? 2006/2007 of 10 January 2007 LMA has filed a patent infringement action against Ambu in the Netherlands in substitution of the withdrawn injunction proceedings.

Outcome of this case expected later this year. If LMA successfull they will be able to claim millions in damages from AMBU.

P/E ratio of 10 for LMA versus AMBU 23 seems also very low

 

LMA BUILDS DISTRIBUTION NETWORK FOR UROLOGY BUSINESS

Appoints exclusive distributor for LMA StoneBreakerTM in FranceTM in France

Singapore, 28 March 2007 ? Mainboard-listed LMA International NV (SGX: LMA), the global leader

in the development and marketing of the LMATM laryngeal mask airway range of supraglottic airway

management devices, announced that its subsidiary LMA Urology Suisse S.A. has entered into a

distribution agreement with EDAP TMS S.A. (?EDAP?) to exclusively distribute its innovative lithotripsy

device LMA StoneBreaker? in France.

EDAP, with more than 25 years of experience in sales and distribution, has a strong knowledge of the

medical community in France. The company has significant expertise in the domestic lithotripsy

market and a dedicated distribution network.

Paul Molloy, President of LMA Urology Suisse S.A., said, "LMA is very excited to be working with EDAP

in France where it is widely recognized as a pioneering and innovative market leader in the

distribution of innovative urinary medical systems. We are confident that the addition of our LMA

StoneBreaker? device to the EDAP portfolio will benefit both companies and bring a new standard of

care to those suffering from kidney stones.?

Marc Oczachowski, Chief Operating Officer of EDAP, added, ?We are pleased to work with LMA to

introduce the StoneBreaker? in France. EDAP has proved its ability to bring new therapeutic devices

to market and today benefits from a strong customer base and a supportive medical network, which

makes us confident of a successful launch for the LMA StoneBreaker?."

The LMA StoneBreaker? is a portable intra-corporeal contact lithotripter which effectively fragments

stones in the urinary tract. This handheld system complements lithotripsy procedures performed with

extracorporeal shock wave lithotripsy devices by targeting stones located in places which cannot be

reached with an extra-corporeal shockwave generator. The LMA StoneBreaker?, manufactured in

Switzerland, received the CE mark in June 2006 and is validated by extensive clinical trials confirming

the effectiveness of this device.

- Ends -? Mainboard-listed LMA International NV (SGX: LMA), the global leader

in the development and marketing of the LMATM laryngeal mask airway range of supraglottic airway

management devices, announced that its subsidiary LMA Urology Suisse S.A. has entered into a

distribution agreement with EDAP TMS S.A. (?EDAP?) to exclusively distribute its innovative lithotripsy

device LMA StoneBreaker? in France.

EDAP, with more than 25 years of experience in sales and distribution, has a strong knowledge of the

medical community in France. The company has significant expertise in the domestic lithotripsy

market and a dedicated distribution network.

Paul Molloy, President of LMA Urology Suisse S.A., said, "LMA is very excited to be working with EDAP

in France where it is widely recognized as a pioneering and innovative market leader in the

distribution of innovative urinary medical systems. We are confident that the addition of our LMA

StoneBreaker? device to the EDAP portfolio will benefit both companies and bring a new standard of

care to those suffering from kidney stones.?

Marc Oczachowski, Chief Operating Officer of EDAP, added, ?We are pleased to work with LMA to

introduce the StoneBreaker? in France. EDAP has proved its ability to bring new therapeutic devices

to market and today benefits from a strong customer base and a supportive medical network, which

makes us confident of a successful launch for the LMA StoneBreaker?."

The LMA StoneBreaker? is a portable intra-corporeal contact lithotripter which effectively fragments

stones in the urinary tract. This handheld system complements lithotripsy procedures performed with

extracorporeal shock wave lithotripsy devices by targeting stones located in places which cannot be

reached with an extra-corporeal shockwave generator. The LMA StoneBreaker?, manufactured in

Switzerland, received the CE mark in June 2006 and is validated by extensive clinical trials confirming

the effectiveness of this device.

- Ends -TM laryngeal mask airway range of supraglottic airway

management devices, announced that its subsidiary LMA Urology Suisse S.A. has entered into a

distribution agreement with EDAP TMS S.A. (?EDAP?) to exclusively distribute its innovative lithotripsy

device LMA StoneBreaker? in France.

EDAP, with more than 25 years of experience in sales and distribution, has a strong knowledge of the

medical community in France. The company has significant expertise in the domestic lithotripsy

market and a dedicated distribution network.

Paul Molloy, President of LMA Urology Suisse S.A., said, "LMA is very excited to be working with EDAP

in France where it is widely recognized as a pioneering and innovative market leader in the

distribution of innovative urinary medical systems. We are confident that the addition of our LMA

StoneBreaker? device to the EDAP portfolio will benefit both companies and bring a new standard of

care to those suffering from kidney stones.?

Marc Oczachowski, Chief Operating Officer of EDAP, added, ?We are pleased to work with LMA to

introduce the StoneBreaker? in France. EDAP has proved its ability to bring new therapeutic devices

to market and today benefits from a strong customer base and a supportive medical network, which

makes us confident of a successful launch for the LMA StoneBreaker?."

The LMA StoneBreaker? is a portable intra-corporeal contact lithotripter which effectively fragments

stones in the urinary tract. This handheld system complements lithotripsy procedures performed with

extracorporeal shock wave lithotripsy devices by targeting stones located in places which cannot be

reached with an extra-corporeal shockwave generator. The LMA StoneBreaker?, manufactured in

Switzerland, received the CE mark in June 2006 and is validated by extensive clinical trials confirming

the effectiveness of this device.

- Ends -

 

so does it mean you guys are collecting a lot right now at this price to average up your previous purchase?

 

Hi hotstock
Tks for the pointer and words of encouragement.   Although LMA has a sufficiently strong economic moat, it still depends very much on  the syndicates or operators to move it north, besides the FA factorWith increased volume and price today, a rebound seems imminent?   Would any TA specialist care to comment?
 

 

Yes Hikitty, i believe that prices will rise very soon ;). But would like to seek your opinion if you see a sufficiently strong economic "moat" around LMA, ie, it has strong inherent protection against competitors due to its uniqueness/niche. Saw the term economic "moat" when i was googling search on warren buffet. Because if it has a strong "moat", i might want to keep it there for longer term investments rather than do profit taking. I would prefer to be a longer term investor (1 year minimum) rather than shorter term trader, kinda tends towards FA. Thanx.  

 

Hi All,

Please be patient with this stock. Most punters (or investor) love stocks that are from countries that are hot (you know where they are) and have little faith with others (like this one in Holland). This way they can make more $$$.



Only when more ppl are shouting for LMA (wait for big guys like ML, UBS, Citi, or CLSA, etc etc) then it will have a big bump up.



Always remember, the more powerful the seller, the rebound will be greater.



Hope this helps

 

Hi tradechancellor
The price is definitely a bargain (bottomed out?).  Shocking that an international brand like LMA has gone way below IPO price for such a LONG LONG time.   It was just a lame excuse for LMA to dip below IPO price  because  LMA  did not make a profit just after listing in 2005.  The shares of other lesser known companies have managed to remain slightly below their IPO prices even  when they are not profitable. With share buyback scheme already approved, LMA price has moved north -  million thanks to the LMA directors!!!!!

 

Hooray! finally going up :) This could be due to mutiple effects of share buyback that could happen anytime + its now at a bargain price for longer term investors, as well as perhaps, i am guessing, that an AGM is coming that may offer investors some sweeteners like bonus shares/dividends?

 

Must thank the operators (or syndicates) for their unending support for LMA.  They will continue to mop up the shares from now on since LMA has been sleeping below IPO price for some time.  Three cheers to the operators and all the other investors for their loyalty!

 

Hulumas...

"Ju ni yi lu shun feng"... :)
(Wish you smooth sailing"

 

Dear iPunter,



The price is accelerating now. I 'll keep buying till Sgd. 0.65!

 

My interest in this stock stems from Hikitty's undending support and loyalty for it.

To digress, it reminds me of Lin Dai's "Bu Liao Qing"...
I must watch the film again.

 

Thanks Victorf for the TA. and the  advice that LMA is not for contra play.
For FY 2006, LMA's  net profit was  US$22million.  As it has turned around,  growth potential as from 2007 onwards shd be good.  The rebound should happen anytime soon - making up for lost time.    Good luck to those patient investors of this "international brand" - it  isn't a junk share, is it?

 

from TA, it acheives KRD (key reversal day) in last few weeks and it is forming a new up trend (higher high)...meaning at its bottom now...look at key point at $0.52 (very strong mid-term support), $0.58 (weak short term resistance), $0.67 (resistance)...good luck and not for contra as it is a "low volume isolated stock"

 

Hi novocaine.... I see from the charts that its going to be rather stagnant for a while but I can't say that it has reached a bottom.

 

Let me post a new topic for LMA since outlook looks quite good..and a bottom seems to have been reached..hopefully its all up from here..about time also..:)