Calculus Vct Share Discussion Threads

[orange1] 16/8/2005 12:26

Incidentally, Jack Richardson still figures as CEO. He has stepped down from the board but there is no sign that new boy Lowry has actually taken over at the helm.

[orange1] 16/8/2005 12:20

There was some contract news back in July:

The Centers for Dialysis Care select Clinical Vision 4TM to Provide Clinicians Real-Time Access to Patient Data

CINCINNATI and CLEVELAND, OH – July 11, 2005 – Clinical Computing, Inc. (LSE: CLC), an international developer of clinical software and information solutions that clinics utilize to improve healthcare, announced today that the Centers for Dialysis Care (CDC), a 13-facility dialysis healthcare organization located throughout northeastern Ohio, will implement the Clinical Vision 4TM ("CV4") solution for use throughout the CDC dialysis enterprise. CV4 will enable CDC clinicians and administration to instantly access up-to-date patient and facility information.

"We believe electronic clinical applications are becoming the 'standard of care' in End Stage Renal Disease (ESRD) healthcare and CDC will remain one of the leaders driving that change," said Diane Wish, CDC's President and CEO and President of the Ohio Renal Association. CDC has utilized electronic medical records since 1974. CDC employs approximately 500 nurses, dialysis technicians and various support staff in Ohio and has over 70 nephrologists on the medical staff. "As the largest provider of ESRD care in the region, we are always looking for new ways to enhance the quality of care and efficiency of our clinicians, and increase patient safety while continuing to improve overall patient outcomes. CV4 is a turn-key solution that will drive these strategies."

CDC will roll out CV4 first to its Mentor facility, Wish said. The organization then plans to extend the solution to each of its remaining centers during the next year and a half. Eventually, all of the centers will use CV4.

The CV4 clinical application reduces or eliminates the need for paper records and enhances clinical productivity by automating the most common care practices and activities, including network reporting, order entry, documenting clinical encounters, and automated charge capture.

"Being selected by CDC, one of the most prestigious ESRD care providers in the country, is a strong vote of confidence for Clinical Computing," said Jack Richardson, Chief Executive Officer of Clinical Computing. "Given that this was a critical decision for CDC, we're proud that they chose CV4 after a rigorous evaluation process and a number of face to face meetings."

CDC will implement CV4 throughout its entire enterprise, driving clinical, financial and operational improvements for the organization.

About CDC: Founded in 1974, CDC is a not-for-profit dialysis treatment corporation. CDC is Ohio's largest independent ESRD healthcare provider, with 13 dialysis centers serving 6 counties in northeastern Ohio.

About Clinical Computing: CCI is committed to innovative healthcare intelligence. Founded in 1979, Clinical Computing was an early innovator of clinical databases that evolved into point of care clinical information systems. Since that inception we have become an international organization delivering leading clinical solutions on a global basis. For more information, visit Clinical Computing on the Web at www.ccl.com

[orange1] 07/7/2005 16:53

Have they ever been suspended? No.
Why would they be suspended now?
The markdown to 12 was shortlived.
They finished the day where they started (the bid price at any rate). Many shares today did not.

[mr_chaps] 07/7/2005 16:17

dive to a new low of 12 at 1200 today - have they been suspended again?

[orange1] 29/6/2005 09:05

Well not everybody is without faith, this from the recent results:

"The Company has obtained a #500,000 Revolving Overdraft Facility with a
committed period of 18 months, ending 30 September 2006. This facility has been
provided by Brown Shipley, on normal commercial terms, backed by guarantees of
the Chairman and two shareholders. Neither the Chairman nor the shareholders
have received compensation or other benefits for providing such guarantees. This
facility, along with our cash resources, maintenance contracts and signed but
unbilled license agreements provide the financial resources for the Board to
continue to pursue its strategy."

[jeffian] 28/6/2005 15:50

Patience!!!!! It was 8/3/04 (commenting on the 2003 results) that the Chairman said he expected contracts to flow at the rate of one a month. It's not a question of arriving late, it's a question of whether they will arrive at all, in which case cash will soon be in short supply I suspect. I only keep these 'cos I'm a masochist.

8-)

Regards, Ian

[orange1] 28/6/2005 14:54

Ian
Have you ever come across the concept of "Egyptian time"? If in Egypt I arrange to meet you at 1pm that means I can turn up any time after 1 pm.

In this case, think Clinical Time. The contracts will arrive anytime in the months following the results, is what CLC were trying to say; or some time in the future, if you prefer. Patience!

[jeffian] 28/6/2005 12:18

".....changes to our management structure will provide a sharper emphasis on closing new business and we look forward to reporting contract wins in the coming months."

Well?!

[orange1] 10/6/2005 07:29

I don't know what transpired at Wednesday's AGM but yesterday's purchase of 156 shares must be taken as a bullish indicator.

[vision88] 19/4/2005 12:47

the graph has a clinical expression to it, that could be further clinically enhanced with a slide in momentum exspansion projection.just my observation however, no holding here ,difficult to see where to get a grip on these.

[nilip] 19/4/2005 07:27

Announcing senior board changes, poor results, a fall in turnover, far fewer license agreements than expected, poor stirling denominated revenue and a weak dollar exchange constituent and above that then the over thrown of the CEO ...

Management have really screwed this company up big time.

_______________

On-line dealing :

You can buy upto 25,000 on line... BUT you can ONLY SELL 2,500

Talk about the MM's screwing the investor ?

YOU CAN BUY BUT YOU CAN'T SELL !!

Gives the catagoric impression that the MM's want to off load their CLC stock.

Sod that !

[orange1] 15/4/2005 15:54

Well let's be positive: the company did say that they looked forward to reporting contract wins in the coming months.

[nilip] 15/4/2005 10:48

Must admit I sold out yesterday at a significant loss.

The picture does not look good for CLC in the short term, we could be heading below 15p (I'm scared to say any lower) - I can't see any good news in the near term - not after yesterdays results.

It would seem things could get much worse before they start to get any better.

Medium term we'll have to wait and see if the company can turn things around but the short term uncertainty is worrying and certainly looks fairly bleak.

[orange1] 14/4/2005 19:28

As at Dec 2003 there were 41 employees down from 45 in the previous year.
What is JL's background and experience?

[raygun] 14/4/2005 17:00

Not a good story with regard to the accounts- a continual decline and growing losses being kept alive by fundraising. Not a good story with regard to the structure- a UK listing, US management + 80% US business, loads of staff both ends (i was told 60 US and 30 UK although i suspect / hope that is an overestimate). The whole thing seemed confused and way too small turnover wise to have any meaningful presence either side of the pond. JR should have gone far sooner. Not met JL, but know of him and have seen his CV- deeply experienced and knows how to make a company work.
Raygun

[orange1] 14/4/2005 09:59

Raygun
Can you tell us more? Why did you not like the management? Who is John Lowry?
Reading the statement it seems that the company has come round full circle. 10 years ago they more or less turned their back on the UK saying the future was in the US. Now they say that the regulatory regime is such that concluding contracts in the US has become a lot harder. In the UK on the other hand things have moved on, patients record systems are up and running and clinical system providers such as CLC are in a good position. They are now "enthoustiastic" about the situation in the UK. Is that justified?

[raygun] 14/4/2005 09:15

I looked at this business and met with those involved. Not a good story. getting John on board is good news, he is extremely well qualified. I suspect there will be quite some upheaval in coming months, but the company needs it.

Raygun

[nilip] 14/4/2005 07:26

Results ... very dissapointing.

Nuff said.

[jeffian] 14/4/2005 07:20

Yeeeuugghhh! I feel a cashcall coming on. Not much positive here except, arguably, the Chairman and a couple of shareholders being prepared to put up unsecured financial guarantees, but even that ssmacks of desperation.

Regards, Ian

[orange1] 14/4/2005 07:09

Following this morning's draw, I can declare that there are no winners and the prize money is (once again) to be rolled-over.

[orange1] 11/4/2005 16:00

645k (a bit more than 2% of the company) of institutional holdings changing hands in the past week and just prior to results by way of R trades.
Significant? Probably not, but you never know!

[orange1] 30/3/2005 11:07

Bingo numbers (aka results) to be called on 14.4.05. This even is being neatly slotted into CLC's busy trade show schedule between Memphis, TN and Cedar Rapids, IA:

[jeffian] 07/3/2005 10:34

Any news of results? (it was Monday 8/3 last year)

Regards, Ian

[orange1] 23/2/2005 08:46

Well, Ian, of course I don't disagree. But there ain't many ways they can generate cash at this stage of the game other than by pulling in orders. Hence my focus on orders. Live installations means cash for servicing and maintaining, orders means cash for licence fees and bids the prospect of cash tomorrow.