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RMD - ResMed Inc.

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Re: RMD - Resmed

I sold out of part of my holdings today just as a bit of a reweight. I picked up this lot at 4.88 so and nice profit in the end. I wish all my stocks preformed as good as RMD has.
 
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Re: RMD - Resmed

Today's chart pattern is known as an ejaculation.
Could do worse than sell into it.
 
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Re: RMD - Resmed

Nottingham are you taking the pizz

I think so Mr. Tech/a man.
Occasionally I attempt some humour.

It will likely go flat for a few days and even try a gap fill before reinvigorating for another leg up.
Doctors and nurses are still all the rage at the moment.
 
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Re: RMD - Resmed

I think so Mr. Tech/a man.
Occasionally I attempt some humour.

It will likely go flat for a few days and even try a gap fill before reinvigorating for another leg up.
Doctors and nurses are still all the rage at the moment.

I'm hoping for a correction!

With ~+14% in two days, it has normalise. I'd like to add a healthcare stock. Seems I should have jumped last week.
 

tech/a

No Ordinary Duck
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Re: RMD - Resmed

Ejeculation

You had me cacking myself
Until I realized you meant a climax
Personally I think your premature.

Now I can't get filling gaps
Up thrusts out of my mind!

Cracker
 
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Re: RMD - Resmed

Is Resmed the new Sirtex?

The current business is performing exceptionally well. It is certainly one of the top few, if not the best, continual growth stories that the ASX has ever seen.

Looks like the market however is starting to stretch the valuation a bit as Resmed is pushing further into increasing the perceived importance of sleep disordered breathing.
They are doing a good job here and positive results in their SERVE-HF trial next year could vastly increase their potential user-base.

I think that Resmed increasing awareness of SDB is a boon for the entire industry, of which they appear to remain at the forefront. It helps to have a growing pie so that existing pie eaters don't have to get overly worried about how much pie the others are eating.



Sourced a few days ago:
SAN DIEGO, March 12, 2015 /PRNewswire/ -- ResMed (NYSE: RMD) today announced data from two studies about sleep-disordered breathing (SDB) in chronic heart failure will be presented at the 64th Annual Scientific Sessions of the American College of Cardiology, from March 14th through 16th.
"The data we are presenting are important because they point toward a connection between breathing disorders in sleep, like sleep apnea, and chronic heart failure," said ResMed Chief Medical Officer, Glenn Richards, M.D. "We look forward to learning the results of our landmark clinical study called SERVE-HF, that examines whether addressing sleep-disordered breathing in people with chronic heart failure improves survival."
 
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Re: RMD - Resmed

Opportunity or falling knife re today's announcement?
7% loss of revenue - but market was expecting future growth from the sleep therapy business and that has now all but evaporated. Other businesses not impacted though
 
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Re: RMD - Resmed

Opportunity or falling knife re today's announcement?
7% loss of revenue - but market was expecting future growth from the sleep therapy business and that has now all but evaporated. Other businesses not impacted though

Have had to do a fair bit of reading to re-assure myself of the bolded quote. RMD is amongst my top holdings so I have to be careful of forming bias in my research and acting out of hope. My first reaction was similar to the above, then I thought about potential contagion affects, i.e. will this worry patients and will it potentially steer clinicians away from all RMD products? CPAP and AVS are distinctly different - but is there the potential for reputation damage?

I note that FPH also makes an ASV device, and comparatively they are not fairing as badly today.
 

skc

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Re: RMD - Resmed

Opportunity or falling knife re today's announcement?
7% loss of revenue - but market was expecting future growth from the sleep therapy business and that has now all but evaporated. Other businesses not impacted though

Are we sure? Below from Macquarie this morning.

Risk does exist that OSA product sales are also affected: because the Canadian study (which also found a higher risk of death for patients) used CPAP, it appears that the damaging effect on the heart (whatever the mechanism) is common to both ASV and CPAP. This we believe could result in hesitancy from physicians to prescribe CPAP to OSA patients who also have an element of heart failure and/or CSA. We do not know how many CPAP users also suffer from heart failure and/or CSA, but would not be surprised if it was as high as mid single digits.*

Shades of ACR if you ask me.

It's not nearly as bad yet... but if some regulator got nervous and asks for further study to be done then if could potentially inflict a lot of damage.
 

Wysiwyg

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Re: RMD - Resmed

Have had to do a fair bit of reading to re-assure myself of the bolded quote. RMD is amongst my top holdings so I have to be careful of forming bias in my research and acting out of hope.
Bought 2000 units at 8.33 on this recent pullback and am instantly at a loss so disappointed in this market reaction. I hope the October breakout isn't a support level. :eek:
 

Wysiwyg

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Re: RMD - Resmed

2 million share hand shake. Woot!

Untitled.png
 
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Re: RMD - Resmed

I sold out today and will wait for the dust to settle before I decide to re enter the stock again. I've been holding since the high 4's.
 

Wysiwyg

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Re: RMD - Resmed

Interesting how yesterdays bad news is followed today by upbeat news isn't it. Sold today for a loss of $2600.:eek: Tip for young players - if your subconscious/psyche has a loser glitch then you will find these events.
 
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Re: RMD - Resmed

If this even gets down to 5.50 to 6 I'll buy back in but it may never ever get back to those levels.
 
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Re: RMD - Resmed

Maybe we can learn something from the SRX experience.
SRX almost filling the gap.....
SRX.jpg
 
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Re: RMD - Resmed

If this even gets down to 5.50 to 6 I'll buy back in but it may never ever get back to those levels.

Listen to you.
When I find myself making statements like that, it proves to be a good idea to take a position at a higher level cause something deep inside is really clear about it even if it's just half a position makes it more enjoyable watching it go back up when it inevitably does.

On a broader note, it is funny how these medical things have been smacked around simultaneously on news beyond generality of the sector.

PS Actually I don't think I make statements like that much any more. I just do something about it.
 

greggles

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ResMed pushing through $13 to all-time highs this morning after the release of its third quarter results. Revenue increased 15% to $591.6 million, a 15 percent increase compared to the same period of the prior year. Net income increased by 25%; non-GAAP net income up 32%. Operating cash flow of $149.1 million in the third quarter.

big.chartRMD.gif
 
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