Aspect Huntley reviewed it on May 3, for a spec buy.
Any info will be useful
Regards
Sarah
GreatPig
5th-July-2005, 10:16 PM
Sarah,
The stock market version of that saying about teachers:
Those that can, do, those that can't, review :D
GP
[Sorry, no idea about the stock]
ctp6360
8th-July-2005, 04:05 AM
See I am completely new at this stuff but I don't know why anyone could possibly recommend a buy on RHT, at least from a technical perspective anyway.
Someone help me out here, this is what I see from the graph just by looking at it:
1) From Feb 05 it has been on a large downward trend
2) May 3 when this Stock was reviewed it was at its absolute all-time low
There is no indication that I can see that this stock is going to go up? And since we have the luxury of seeing what happened since may 3 we see that it has found support at about 0.135 and is going sideways.
So I guess the reviewer predicted at least the end of the current downward trend but I still don't see any inidication that it is going to go up from here?
Can someone tell me what I'm missing here?
sarahmeehan3
9th-July-2005, 08:04 AM
Found info required about this company.
Apparently the company has been working hard in outlining the benefits of using its new product ferriscan. It has been doing this for about a year now and only started producing results in the last month.
It is believed that this stock will take off in a big way in about 12 to 18 months time. It has just been approved in the United States by the FDA for use.
Now it is a matter of distributing this product throughout the US and Europe.
I agree that from a technical perspective it does not rate a buy but I guess you need to look at the news reports as well and see where this company will go.
They have a price target for this company of between 0.25 and 0.35 at the end of 2006.
Using current price of 0.14 and selling price of 0.25 you would make a decent profit.
All depends on your trading style
Regards
Sarah
It's Snake Pliskin
9th-July-2005, 01:27 PM
See I am completely new at this stuff but I don't know why anyone could possibly recommend a buy on RHT, at least from a technical perspective anyway.
Someone help me out here, this is what I see from the graph just by looking at it:
1) From Feb 05 it has been on a large downward trend
2) May 3 when this Stock was reviewed it was at its absolute all-time low
There is no indication that I can see that this stock is going to go up? And since we have the luxury of seeing what happened since may 3 we see that it has found support at about 0.135 and is going sideways.
So I guess the reviewer predicted at least the end of the current downward trend but I still don't see any inidication that it is going to go up from here?
Can someone tell me what I'm missing here?
It might be range trading now. Look at the volume. :bier:
andrew_c2o
9th-July-2005, 02:05 PM
This is my analysis of it, I'm a fairly newbie so remember I'm still learning too!
It has well defined support and resistance lines at .13 and .14 . Perhaps some profit can be made when purchasing at .13 . Using the GMMA indicator (Guppy Multiple Moving Average) you can see the short term average group is contracting together meaning buyers and sellers are agreeing on price and the longer term group is not contracting (the red lines above). There is no crossover so I wouldn't buy it for a longer term trade (months) but short term (a few days) perhaps something can be made.
a
ob1kenobi
9th-July-2005, 08:09 PM
It might be range trading now. Look at the volume. :bier:
This stock has been trading sideways for awhile. It is about 15% below the XAO (not shown but I did check) and the volume has dropped off to the point where it has been consistently low for awhile now. I wouldn't do a spec buy on this. If it is expected to improve in 12-18 months, then check it later on. Chart is included below.
samsterchan
22nd-November-2005, 01:56 PM
The share price has shown some weakness in the past week.
I bought in yesterday at 11 cents and am waiting for it to go up to 15 cents.
This is essentially a sound company with all the right distribution channels and low set up costs - the fact that they have gone into liver fibrosis is a good sign.
Watch this company - the next market sensitive news shouldn't be very far away, once that happens, this will shoot up for sure.
Aspect Huntley has recommended them several times..... see link below
Also, the former federal health minister sits on the board, so they do have some experienced people with clout.
More distribution agreements with DCA Group and the big pharma players should be announced soon.
Porper
22nd-November-2005, 03:25 PM
The share price has shown some weakness in the past week.
I bought in yesterday at 11 cents and am waiting for it to go up to 15 cents.
This is essentially a sound company with all the right distribution channels and low set up costs - the fact that they have gone into liver fibrosis is a good sign.
Watch this company - the next market sensitive news shouldn't be very far away, once that happens, this will shoot up for sure.
Aspect Huntley has recommended them several times..... see link below
Also, the former federal health minister sits on the board, so they do have some experienced people with clout.
More distribution agreements with DCA Group and the big pharma players should be announced soon.
Just looked at your 5 posts today Samsterchan and notice all your recs, must be said ramps, in my opinion are totally without any foundation.:mad:
Also without exception they are all in steep downtrends and most have days where there are no trades at all.
I also have had RHT on my radar for some time.They are burning money faster than a raging inferno and without deals quickly in the USA will need yet another placement.An out and out gamble as are all your recs today.In my unprofessional opinion of course.
Sorry if I seem very sceptical but you should do ok on Hotcopper.:sheep:
samsterchan
3rd-February-2006, 12:39 AM
RHT has been picking up over the past few days, with strong volumes.
This is one stock that will pay huge rewards for those who go in now while it is still low. The liver biopsy commercialisation and iron overload test commercialisation will reap churn in revenue for RHT.
The past 2 market sensitive announcements shows the potential of this Aussie company.
Liver and kidney fibrosis tests that are painless and at the same time extremely accurate is bound to be popular with patients and medical authorities alike.
The Canadian market is huge and it appears that the Queensland investor institution is on the smart money too !
The board has also been strengthened with members from RESMED and other very reputable companies joining.
This will go up over the next few days, watch this space !!!!
I am hoping for this to go back to it's glory days when it was around the 16 cents mark !
No action in this one since 2006, and easy to see why.....
However....stop....take note this company appears very much to have turned the corner.....the long term holders have been to hell and back and they appear to have a lot of very promising break throughs, patents, sales flowing and in 2009 they made a turn around to profit for there first ever profit...a lot of international expansion planned as well as organic growth into new disease scans...
Well worth a look.....DYOR
I do not hold, but intend to do more research and possibly purchase soon....
