Microbix Biosystems Inc. T.MBX

Create Shareholder Value

[blacktieaffair]

Time to sell the company

[Mbxwatcher]

Ironically, when we were on our way up, that was a consistent theme in the management discussions. There was concern that we would attract a 'hostile' takeover bid, and sell for less than what our real go-forward value was........Not hearing too much of that these days.

[wizzdumb]

This is almost entirely an order timing issue. Strategy in place and solid. Fundamentals are stronger than ever. This would be absolute worst time to sell the company and is an opportunity to buy at depressed price for those who have faith in the current management team. Timing issue are out of their control and they have the financial means to weather this temporary hiccup pause while they wait

[lscfa]

Lower gross margin for the last 2 qtrs means co. has not been able to pass on cost increases to customers yet.    

[blacktieaffair]

Wizzdumb  Selling the company takes the decision away from me as I become a forced seller. I have owned stock in this company for way too many years. I am just tired of their consistent incompetence. Had enough.

[wizzdumb]

Understand,  and it is frustrating. Reminds me of the "free crab tomorrow" sign they used to have painted on the side of Joe's Crab Shack restaraunts. Maybe I'm wrong and it will be painful if I am, but I see the opportunity here and truly believe management is on the right track with the right products and that this really truly is a timing issue outside of their control

[Mbxwatcher]

Industrial Alliance buying 26,000 shares a day down here. More than double our share repurchase size. I think it means they know the price is too low.

[blacktieaffair]

At these numbers approximately $8000 per day   NOTHING

[Mbxwatcher]

Yes, i understand and agree.............but they are the right buyers given their relationship to the company.    Would always like to see more.   Ken Hughes bought today, also a good sign.. Maybe i could be accused of scouring for good news......

[wizzdumb]

Adelaide call tomorrow at 11 AM EST. Should be fun. Management on the hot seat and I sure hope they come prepared. Volumes quite a bit higher than normal today which is surprising on no news. One of these days the release(s) we've all been waiting for will appear, until then hold tight.

[wizzdumb]

Strong performance by management team on the call in my opinion. Fundamentals are solid. This is timing issue only. Lots to come. Bought some more myself and will sleep well at night. It's just a matter of time before we see the fruits of the hard work that has been done over the past many months publicly announced. Best of luck to all.