LBT - LBT Innovations - Aussie Stock Forums

Results 1 to 7 of 7
  1. #1

    Post LBT - LBT Innovations

    Does anyone else follow or have an opinion on this company?

    The PREVI isola is gonna cost more than a nichrome wire, so to have a cost saving the applicators have to cost less than what it would cost to hire a person to swab the plates.

    Depending on the seniority of the person it should cost about 25-40 an hour to get someone to swab the plates and they can swab about 20+ an hour so they couldn't sell them for >$1 an applicator.

    I swabbed a few plates in uni and its mind numbing stuff and labs have bench space issues so their saying this can potentially replace 5-6 ppl with less bench space used.

    Even getting 3cents an applicator though from a machine working at a quater capacity, 9-5, Monday-Friday is pretty good.

    0.03*45*8*5*52=$2808 per machine per year

    Lets say they end up selling a total of 500 machines. Their incentive royalty payment is for 1000 units.

    2808*500= 2.8m

    NPAT= 1.4*.7= 0.98m

    So their current market cap is 17m - 3m for cash and -2m euros for their next royalty payment so EV is 11m.

    So would make the price fairish at current values.

    So I'm hoping they sell more units and get more for their applicators as a royalty payment and that the labs utilise the machines more any of which would greatly increase the amount of royalty payments they would recieve.

    The upside would be diluted by the 45m potential shares from OTM options most of which are priced at 20c compared to the 100m shares on issue but they wouldn't be exercised unless they were seriously in the money as they are all long dated at which point we would've made a lot of money anyway.

    I thought they would have stated what their minimum royalty payments would be to give me some sort of indication of how their worst case scenario compared with mine but I guess a meaninigful isn't going to be until next year.

    Bloody frustrating though, one of my bigger positions and I see a lot of potential upside but management seems to be doing all they can to make vauge statements about their future.

    About all i've read is that the they will have potentially lucrative royalty payments in the future. I agree but I'm having to glean figures from their brochures.

  2. #2

    Default Re: LBT - Labtech Systems

    A private company named Dynacon produced the first commerically acceptable system years ago. Their competitive product line works very well they have large installation base, good reputation and new product development.

  3. #3

    Default Re: LBT - Labtech Systems

    Cheers, there's also another machine called the WASP, I was trying to ask the company about the take up and what impressions the managers of the micro labs had with regards to the various machines and their microstreak technology.
    I was also trying to get some pricing info and average number of plates they anticipated each micro lab to use each year and they told me that they would write back but haven't as yet.

  4. #4

    Default Re: LBT - LBT Innovations

    AGM CEO Presentation (on the 26th November last year) - http://stocknessmonster.com/news-ite...E=ASX&N=770141

    I noticed that the French biotechnology company bioMérieux is a shareholder with 9.8%.


  5. #5

    Default Re: LBT - LBT Innovations

    Daily P&F Update:-

  6. #6

    Default Re: LBT - LBT Innovations

    It appears the Updated Investor and Shareholder Presentation on Tuesday has been warmly welcomed by the market by it's price action since then.

    The Presentation update can be read be below.

    Attached Files

  7. #7

    Default Re: LBT - LBT Innovations

    Did anyone get in on this yesterday? Or earlier?

Similar Threads

  1. Tax innovations for the next federal budget?
    By doogie_goes_off in forum General Investment and Economics
    Replies: 40
    Last Post: 23rd-April-2008, 04:02 AM
  2. OMI - OMI Holdings
    By bhutos in forum Stocks I-P
    Replies: 11
    Last Post: 11th-December-2007, 10:38 AM
  3. International Innovations - ILLU
    By Rob333 in forum ASX Stock Chat
    Replies: 0
    Last Post: 5th-July-2005, 01:08 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Aussie Stock Forums