Avita Medical Inc (RCEL) Quote

Morningstar: Avita Medical Shares Remain Undervalued, With Long-Term Opportunity Intact

Gratifying? It's my best guess that you're the type that drives by horrible traffic accidents, slowing down to view the carnage, the blood and mangled bodies, just so's you can have something to say that will distract your wife from her crossword puzzle as you're eating dinner.
Be a mensch!

Trueheart

Hi all
Would be nice to see the directors making some share buys at these low prices to show confidence in the future

https://www.ktnv.com/news/unique-burn-treatment-helps-logandale-girl-recover-nearly-scar-free-at-las-vegas-hospital

RCEL over $10

As I stated, how he opines is immaterial (despite the fact that he’s on record for liking the company, which is why he had Perry on twice and talked about liking the product many times thereafter). But that was a long time ago. Though positive sentiment never hurts, his “OPINEion” is largely immaterial in the scheme of the facts: FDA approvals, broadening scope, increasing sales, plenty of cash, halo product, and a path to profitability, to mention a few.

And, yes, he does do quite intensive research. He may be wacky, but he’s extremely thorough and highly intelligent. Both he and CNBC have extensive resources and staff that do serious due diligence. I assure you he will see what we ALL see. And he will like A LOT. Maybe all of it. But yes, in the final analysis, he may hedge because of the market cap. Or because they’re not yet profitable though that’s not an intransigent sentiment with him. He mainly holds that position in a risk-off environment with recessionary risk or looming rate hikes as we’ve been in the last couple years.

But these days are different. Have you seen Bitcoin lately? Upcoming IPOs? Anticipated rate cuts? We’re in a very different market than a few months ago and he may change his tune, especially when this company will be profitable by next year. Or he may not. Doesn’t really matter.

No — this is ALL about visibility. Institutions are very well aware of this stock with a couple having taken deep bites, but the retail investor by and a large? I don’t know. This stock is/was mostly held by retail last I checked, but that doesn’t necessarily indicate plurality. Many may have it off their radars these days. Many may just need a couple of positive comments that piques their interest and jives with their risk tolerance. This is who I would expect to come looking. Thousands will look. Some will buy. Maybe small fish. Maybe big fish. There’s no way to know. All I’m saying is “hold on tight.” TiGETTY-tight.

PS: relying “on the new executives executing what seems like a very workable strategy” is in no way shape or form mutually exclusive to gaining massive visibility. Both can be had.

I'm afraid he may not opine positively. You know he doesn't recommend stocks that aren't making money? Also, as you say, market cap may not be big enough. If he really did intensive research, I believe he would come out with a positive recommendation. If anything, that would give us a short term pop. Better to rely on the new executives executing what seems like a very workable strategy.

Mad Money episode tonight 2/29/24 … on Leap Day of all days.

Caller: Cramer what do you think about Avita Medical?

Cramer: I do not know this company! I will have to do some work.

First of all, the question surprised me. Second, I was surprised they allowed the call to go through as the show, I believe, requires a company to have a minimum market cap of $1B or $1.5B for it to be discussed. He had Mike Perry ON his show twice (once in person) around 2019 or 2020 during its huge run up toward all-time highs when it was around that market cap. He will definitely remember once his staff does their due diligence. This is a FAR more advanced company than it was then.

Usually (maybe always) he’ll do a follow-up with his “homework” updating viewers on questions about stocks on which he was stumped by callers.

This should be VERY interesting, not necessarily because of what he does/doesn’t have to say (you should rely on your own research), but for the mere fact that he has a massive audience and massive platform for visibility.

Hold on VERY tightly to your shares until if/that segment airs, potentially within the next few weeks.

Feb 29 (Reuters) - AVITA Medical Inc(RCEL):

* AVITA MEDICAL SUBMITS RESPONSE TO FDA, RESUMING REVIEW CLOCK FOR RECELL GO PMA SUPPLEMENT

* AVITA MEDICAL INC(RCEL) - EXPECT FDA APPROVAL ON MAY 30, 2024, POSITIONING US FOR A PRODUCT LAUNCH ON MAY 31, 2024

Yes!

https://ir.enovix.com/events/event-details/journey-scale-podcast-feb-2024-fab2-updates-coo-ajay-marathe

https://seekingalpha.com/news/4056668-cantor-picks-rcel-as-best-2024-medtech-idea-bullish-on-pacb-axgn-cers

The Aussie stock closed up 12.59% tonight.

https://www-presseportal-de.translate.goog/pm/167421/5687690?_x_tr_sl=de&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

PMI CEO Christian Planck: "We are very pleased that we can now offer RECELL ® in Germany, Austria and Switzerland. Our customers have been asking about this technology for years. In fact, it is a perfect addition to our own portfolio the one- stop shop technology."

"Our partnership with PolyMedics Innovations is the first step in our strategic global expansion," said Jim Corbett, Chief Executive Officer of AVITA Medical. "PMI's proven track record and expertise in the global distribution of innovative wound treatments make them an ideal partner. We look forward to a successful collaboration that will enable us to reach more patients worldwide."

https://us02web.zoom.us/rec/play/D_NT2rl2dZcpc7L_XUt6VJh81E_HIM21mngBXR6KjZHRPs0VCBfzNWiyCOb7vHVaubUpQSvF7WhSZaPB.oSXXXZT66WOzvHuC?hasValidToken=false&canPlayFromShare=true&from=share_recording_detail&continueMode=true&componentName=rec-play&originRequestUrl=https%3A%2F%2Fus02web.zoom.us%2Frec%2Fshare%2FDh9UFDWQhFjYF0S9afouXwsCKphzVngmXyS6lDfdDuXYk52XXdCrVctLIq0WiYkA.PO58b8CAaqc_JBTL RCEL Investor Webinar

Here's a detailed presentation about Recell.
(warning: some of the pics are very graphic)

https://avitamedical.showpad.com/share/NAPlEVouN92Enz79yKX4z

“We have achieved significant commercial revenue growth rates for
the last three quarters of 40%, 42% and 51%, respectively, over the
same periods in the previous year,” said David O’Toole, Chief
Financial Officer of AVITA Medical. “Further, we remain confident
that our cash reserves position us to achieve our goals and reach
profitability in 2025.”

Hi
Not the worst results ever moving forward

He's just making the rounds with another "told you so" post. 🎱🦨 😄

You're back.
Pull all the wings off the flies? Lots of legless grasshoppers in your neighborhood. No dead people to pick on? Oh the gratification.

Gratifying watching much "Perpetual Startup" crap collapsing. Thinking of Plug Power, LWLG (Lightwave Logic), SolarWindow, Liquidmetal.... and maybe several hundred more. This market rewards large caps with audited profits and regular cash dividends. Bad news for IHUB and its dead stock boards and company insiders drawing monstrously large wages for running itty bitty penny stocks where success is always "just around the corner."

Also: "Wow, I see this board is >ten years old. I don't buy tiny biomed stocks. Most are perpetual startups. Vapor. I require GAAP profits and usually dividends.
But I make money with my investments." https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171926857

Why the total free fall of share price
Any comments
Thanks steve

Apologies, it looks like I was wrong about preliminary results.

After listening to what the CEO had to say about sales momentum during two conferences in September, preliminary results and revenue guidance upgrades are possible this week in my view.

The next scheduled event after that is the earnings call and investor briefing in November where they’ll be providing earnings results, strategies on future expansions and hopefully additional commentary on the revised expectations on Recell Go approval.

Hi
Any idea next event that could turn share price around
Fall was to much for what is short delay in terms of things

That drop seems pretty excessive.

So over reaction by market

As previously disclosed, on June 30, 2023, AVITA Medical, Inc. (the
“Company”) submitted a premarket approval supplement application
(the “PMA”) to the U.S. Food and Drug Administration (the “FDA”)
for its latest device, RECELL GO™. The submission initiated a
prioritized, interactive review of the PMA under the FDA’s
Breakthrough Device program, which follows a 180-day review
cycle.


At the halfway point of the process, the Company received notice
from the FDA that additional information regarding the PMA is
required for the continuation of a substantive review. This
request, which is not unique to the Breakthrough Device Program,
places the application file on hold for approximately 4 to 6 months
while the Company addresses the FDA's questions. Upon the Company’s
submission of a complete response to the FDA’s request, the
application will reenter the 180-day cycle, with 90 days remaining
in the review period. This timing would imply a product launch
between May 1 and July 1, 2024.

I’m in the UK, so don’t quite understand what this form relates to

Hi chaps, can anyone explain why 20% down thank you

https://ih.advfn.com/stock-market/NASDAQ/avita-medical-RCEL/stock-news/92172037/form-8-k-current-report

What did I miss? Why the drop in share price?

https://us02web.zoom.us/rec/play/8LuDNA4gvw9rySzh-Jq5hf2dN49r88m2nCZKTtexSjouqZawLCRgGbt1nh2P-tNaDJ8j8tVxOnNrHuwr.3HIH8zEi2s3oRXPY?hasValidToken=false&canPlayFromShare=true&from=share_recording_detail&continueMode=true&componentName=rec-play&originRequestUrl=https%3A%2F%2Fus02web.zoom.us%2Frec%2Fshare%2FgCZkGrUNe9KDQBYnXVInZRNMQ_onwfkLvCsWsFWLIoqOGkGOd6_pmcEGuJ6Lm-t4.fzvS7nm7wh5uvXdd They seem on track with the new sales personnel. I'm looking for a pretty good bump in revenues this next quarter as the new sales team pick the low hanging fruit from the hospitals that we are already in for burns. Soft tissue wounds should be a no brainer for them.

Here are some screenshots of the slides from today's webinar:

Avita donated Recell kits to Hawaiian burn centers to treat victims of that big wildfire.

The webinar just started.

AVITA Medical - Investor Webinar Briefing
Date & Time: Aug 15, 2023 06:00 PM central time

https://us02web.zoom.us/webinar/register/WN_QYXQA5P-TsGjPVD01tULxw#/registration

I agree

I don't mind the higher expense since I view it as an investment in the future. Sales people can reach the 20+ kit sales in as little as 3-4 months. This ramp should really ramp once we get the automated system out in the field. That RCEL GO system greatly expands the target customers from mainly hospitals down to the clinic level.

I wonder if BARDA's Recell stockpile will be used to treat burn victims from the Hawaiian wildfires?

Pos could have better loss per share though

Beautiful quarter.

And looking like a beautiful year.

https://ir.avitamedical.com/news-releases/news-release-details/avita-medical-reports-second-quarter-financial-results

price target raised to 27 at Bank of America

US heatwave leads to rising number of burns, medics say.

https://www.bbc.com/news/world-us-canada-66275785

I just read this great post on the Hot Copper forums about the Recell Go kit:

https://hotcopper.com.au/threads/ann-avita-medical-to-announce-second-quarter-2023-results.7487698/page-14?get_post=true&direction=previous

Messed up didn't buy... ...got another idea

Thanks for the update.
I had sold 40% at 11 before RS. Gave me a nice profit and a lot of free shares. The other 60% was in a cash account and would have had to drop 40% to make it work tax wise. Covid took care of that. Bought back the 20k shares I sold near last years bottom so I'm pretty happy. Think a trading op is coming up with Q2 report. Going to look a lot like last Q. New CEO needs to do a better job with market guidance. But still see even better days ahead.

Tdeck asked me a while after he first alerted me in 2019 at $1.25 to get Jugs on board. (today's Nasdaq RS price = $8.19.) I think we got him on board in early 2020 just before the first pop with the burn conference sponsorship.

I talked Len into moderating this stock so we could post more sticky information. We all did well and bought and sold several times. I took profits and am currently lurking for another entry. It has been a long haul but it still is clearly the new paradigm in serious skin repair. Dr. Wood is and her colleague will be known in history as miracle invention scientists.

This is the stock that started it all with my successful market strategy. (take profits)

Tdeck lost his mother recently and has been cleaning up her hoard of stuff. He forgot his password on our discord site so he is currently out of touch. I expect him to give in and create a new one one of these days,
Good luck to all you faithful RCEL followers!
-pete

Wonder where tdeck wandered off to.

Wonder where tdeck wandered off to.