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RHT - Resonance Health

Discussion in 'Stocks Q-Z' started by sarahmeehan3, Jul 5, 2005.

  1. sarahmeehan3

    sarahmeehan3

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    Does any one have an update on RHT.

    Aspect Huntley reviewed it on May 3, for a spec buy.

    Any info will be useful

    Regards

    Sarah
     
  2. GreatPig

    GreatPig Pigs In Space

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    Re: RHT

    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]
     
  3. ctp6360

    ctp6360

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    Re: RHT

    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?
     
  4. sarahmeehan3

    sarahmeehan3

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    Re: RHT

    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
     
  5. It's Snake Pliskin

    It's Snake Pliskin

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    Re: RHT


    It might be range trading now. Look at the volume. :bier:
     
  6. andrew_c2o

    andrew_c2o

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    Re: RHT

    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.

    [​IMG]
     

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  7. ob1kenobi

    ob1kenobi

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    Re: RHT

    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.
     

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  8. samsterchan

    samsterchan

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    Re: RHT Resonance Health - keep the faith !!

    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

    http://www.aspecthuntley.com.au/doc...zaWduYWwvZXJyb3JwYWdlcy9wZGZkZWxheWVkLmpzcA==

    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.
     
  9. Porper

    Porper Ralph Nelson Elliott

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    Re: RHT Resonance Health - keep the faith !!



    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:
     
  10. samsterchan

    samsterchan

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    RHT - keep a look out for this !

    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 potential is HUGE for the sharp and wise ! :)


    http://imagesignal.comsec.com.au/asxdata/20060120/pdf/00583548.pdf
     
  11. samsterchan

    samsterchan

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    RHT - look at it go now !

    This is up on the rise again.

    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 !

    http://imagesignal.comsec.com.au/asxdata/20060420/pdf/00607338.pdf
    http://imagesignal.comsec.com.au/asxdata/20060418/pdf/00606646.pdf
     
  12. condog

    condog

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    Hello ASF members

    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....
     
  13. piggybank

    piggybank

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  14. Lisa Edwards

    Lisa Edwards

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    I agree seems to be the buzz at the moment everywhere. They had approval from the FDA in the USA on a new medical device. Breaking achievement in the overseas market. Watching carefully on Monday. 94 million volume traded in one day I think....
     
  15. piggybank

    piggybank

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    The company copped a speeding ticket off the ASX on Tuesday. It hasn't demoralised the market though - up 16% today on just over 26 million shares traded.
     
  16. Pentanol

    Pentanol

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    My Blog on RHT

    Hi RHT holders and stakeholders,
    I'm new here but I'm normally in the other stock market forum. I have decided to start writing a blog on the hot, up and coming stocks that I can see the potential for long term investments.

    This is me trying my hand at being a Financial Writer, so any feedback or constructive criticism from those experienced traders on any errors I've made, If you like my research, you are welcomed to follow me on my blog and feel free to share this research with your family and friends as it benefits you as you well.

    Please note that I will be updating these stock in focus blog posts regularly as new information becomes available. Here is the link and enjoy:
    https://huangsproduction.wordpress....og-stock-in-focus-resonance-health-fpo-rht-2/
     
  17. bobadah

    bobadah

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    RHT

    Resonance Health had an FDA approval (USA) for its Hepafat scan (MRI of liver fat) on 22 December. It has been operating its FDA approved Ferriscan (liver iron) for several years and is bordering on cash flow positive. In fact the March quarter was cash flow positive. On 22 December 2013 its price went from about 2.5 cents to 9.8c before settling back to about 8.2c. Since then it has traded as high as 11c and lately at around 5c. These lows followed a capital raising at 5c.

    The Hepafat product will soon start producing income and my view is that it will soon be a profitable company. Early this week they announced an intention to acquire a small Scottish company that makes stents. It went over badly with the market and the SP quickly fell to 4.4c but has recovered to 5c since then. The acquisition has a due diligence period and final assessment to go through before finalisation - we can only wait and see. Before the announcement my own projections (not to be relied upon as I lack close company information) indicated that the SP was easily valued at 20c plus, after Hepafat gets going. They are also working on a fibrosis scan in association with Pfizer but nothing positive has emerged yet. Success there would make it a really profitable company.

    The company has a lot going for it without the proposed acquisition and many shareholders were disappointed that they may be taking on extra problems just when they were about to hit serious profitability. However, some shareholders believe the management should be trusted to get it right!?
     
  18. barney

    barney

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    No posts on this one since 2014:eek:

    Intraday high of 0.054 and close of 0.035 today … Up 20% ….. Big Volume.

    ASX Price Query shed little light ….. wait and see after the dust settles I guess:cautious:
     
    Miner and greggles like this.
  19. greggles

    greggles I'll be back!

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    Looks like the price action on 23 October was a prelude to today's price action, six weeks later.

    This morning the company announced that it has received 510(k) clearance from the US Food and Drug Administration for FerriSmart®, the Company's ground-breaking machine learning solution for the quantification of liver iron concentration. FerriSmart® automatically analyses MRI images from most scanner makes and models, and returns a liver iron quantification result within seconds.

    The FDA clearance allows Resonance Health to market FerriSmart® for commercial distribution in the USA. Deploying FerriSmart® via channel partner platforms such as the Blackford Platform (as announced on 5 July 2018) allows FerriSmart® to integrate seamlessly into radiology workflows, delivering results efficiently to radiologists and clinicians.

    It looks like RHT is making real strides in getting FerriSmart® ready for commercial distribution. Although there is no indication yet of anticipated revenue it is clear that the company believes there is a significant market in the USA. I suspect Resonance Health will be a company well worth keeping an eye on in the coming months.

    RHT up a massive 92.31% to 5c so far today on huge volume of more than 55 million shares.

    big.chart-RHT.gif
     
    barney likes this.
  20. barney

    barney

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    Had a fairly steep retracement since earlier in the week but minimal Volume …… Wide ranging high Volume spikes are hard to pick …… bit more dust to settle perhaps.
     

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