Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Diagnos Inc V.ADK

Alternate Symbol(s):  DGNOF

DIAGNOS Inc. is a Canadian company, which is engaged in early detection of critical health problems based on its FLAIRE artificial intelligence (AI) platform. FLAIRE allows for modifying and developing of applications, such as Computer Assisted Retina Analysis (CARA). CARA’s image enhancement algorithms provide sharper, clearer and easier-to-analyze retinal images. CARA is a tool for real-time screening of large volumes of patients. Its geographical areas include Canada, the United States, Saudi Arabia, Mexico, Costa Rica and Chile. The Company’s subsidiaries include Diagnos Internacional SA de CV and Diagnos Healthcare (India) Private Limited.


TSXV:ADK - Post by User

Bullboard Posts
Post by jammer4444on Jun 20, 2017 12:58pm
175 Views
Post# 26383161

Stock price

Stock priceI don't think Andre cares about the share price at all.. It is very possible that Diagnos makes the long awaited Mexico update, and there are no specific sales figures included in the press release.. That would mean investors would have to wait until those sales flow through the financial statements to know how much value has been earned..  Its not what I want to happen, but certainly is a possibility

Andre is playing Diagnos with a much longer timeline than most tech investors appreciate.. This company was founded 15 years ago, and the share price has done nothing but decline because Andre knows that there are deep pocketed investors like Dundee that will keep the company afloat regardless of what the penny flippers think... That has given Andre the freedom to focus on building the businress for the long-term.  But the downside is the share price has no correlation to the success of the underlying business. (Which is also why we are able to buy at such a cheap price).

My prediction is that when the Mexico announcement does come, there will be a muted reaction from the market (share price will go to $0.20)..  However, in less than 2 years Diagnos will be bought by Microsoft (or another tech major) for hundreds of millions ($1-$2/share).
Bullboard Posts