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Microbix Biosystems Inc T.MBX

Alternate Symbol(s):  MBXBF

Microbix Biosystems Inc. develops and commercializes biological and technological solutions for human health and wellbeing. It enables the commercialization of diagnostic assays by making a range of critical ingredients and devices for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs) that support clinical lab proficiency testing, enable assay development and validation, or help ensure the quality of clinical diagnostic workflows. Its segments include development, manufacturing and sales of products relating to the medical diagnostics industry, namely antigens as test ingredients, quality assessment products to help ensure the accuracy of test workflows and viral transport medium to enable collection of patient test samples and, and development and commercialization of novel and proprietary products or technologies, such as Kinlytic. Its Kinlytic urokinase is a biologic thrombolytic drug used to treat blood clots.


TSX:MBX - Post by User

Bullboard Posts
Comment by longondmxon Feb 18, 2016 7:43am
86 Views
Post# 24569635

RE:RE:wtf y isnt this tanking

RE:RE:wtf y isnt this tankingI am also surprised it is holding on ....despite the upbeat guidance. We have heard 'upbeat' guidances and statements many times before only to be disappointed by one excuse after another when those guidances do not come to fruition. Why would we put any confidence in management this time? I am only holding on because of the low share price and the hope that just one time things will pan out as advertised. My lack of confidence stems from the lack of follow through from the Q4 release where they stated a large amount of revenue from one customer had been delayed to the next quarter, which would naturally lead to a jump in sales in the latest quarter (assuming all other things equal)...I think we all thought we would see that...but it wasn't to be... and not even a mention of it either. So again, why would we have any confidence in what they are feeding us now?
Bullboard Posts