Cbaysystems Share Discussion Threads

[237gmoney] 04/8/2009 13:45

Nurdin, how did you get on with talking to the company re the crest situation? that would help things along re the trading. MEDQ seems to turning the ship around and the $2billion Phillips paid for it a while back made the deal that CBAY did for $287m look cheap. I guess CBAY overpaid for MEDQ back when they bought but now that MEDQ is on the up again, clearing out the lawsuits and cutting costs, it is a very prime asset to have.

Another 6 months here and CBAY should reflect a much healthier picture. They only paid $11 a share for MEDQ and its now back to $8.58 so they should recoup their investment and some when the 3rd and 4th quarter results come out of MEDQ. nice to see cash back on the increase in the 2nd quarter results as the fall from $151m to $34m looked bad over the last 12 months but this is back to $51m now and should continue to rise.

[nurdin] 04/8/2009 11:36

Thats the best volume I have seen for ages...:o)

[237gmoney] 04/8/2009 11:32

Its ok bought with TDW. am in for the ride. Lets hope the share price picks up to meet the true value of the company as a whole. I think interest will build here very soon if MEDQ keeps on rising like it has....

also the results were pretty impressive in the current climate. The only problem here is its so hard to get any stock with only a few brokers trading in it. Still that can be a positive as well.

Good luck to all holders.

[237gmoney] 04/8/2009 10:59

Not easy to buy shares in this company - which brokers did you guys use? III do not trade in them - any one use TDW?

[nurdin] 04/8/2009 07:45

The value gap is widening here all the time.....one tip in the media and we can double in no time :o)

[stegrego] 03/8/2009 21:01

Only up to $8.58 Nurdin, hardly worth talking about!!!

I think we made the wrong trade, we should have bought MEDQ as thats up over 100% now!

;)

[nurdin] 03/8/2009 14:53

you watching MedQuist Steg?

[nurdin] 31/7/2009 21:26

I very much hope so !! :o)

[stegrego] 31/7/2009 20:51

Well over $8 a share now... over double since i bought CBAY a few months ago and CBAY is up about 5%.....!!!

Will change soon IMO.

[nurdin] 31/7/2009 13:27

Medquist Q2 results came out yesterday:



-Adjusted EBITDA of $28m or $56m annulaised
-Cbay share worth $39 or £24m at the current exchange rate
-market cap to EBITDA ratio of just 2.8 !
-thats without Cbays own contribution !!

Crazily cheap

[nurdin] 30/7/2009 08:19

Gift,horse and mouth comes to mind here...

[stegrego] 30/7/2009 08:18

Hmm up 7% on no trades...

[nurdin] 30/7/2009 07:40

Yes Steg...something looks to be brewing

[stegrego] 29/7/2009 21:43

Stake worth £113 million quid - mkt cap £61 million....

Approaching half or double depending on how you look at it....

Maybe its time to spread the word?

[nurdin] 29/7/2009 21:01

Its amazing that no one in the UK is recognising the value in CBay!!!

Atleast our Dutch neighbours have seen it...:o)

[stegrego] 29/7/2009 20:42

MEDQ looking like closing on 52 week high of $7.75

[nurdin] 29/7/2009 16:05

Janivo Holding BV is an independent investment firm which invests in both public and private companies. The firm usually acts as co-investor and takes a minority stake. Janivo Holding BV is based in Zeist, the Netherlands.

[nurdin] 29/7/2009 16:00

NOTIFICATION OF MAJOR INTERESTS IN SHARES


CBaySystems Holdings Ltd. (AIM: CBAY), a holding company with a portfolio of
investments in medical transcription, healthcare technology and healthcare
financial services, was notified on 27 July, 2009 that Janivo Holdings BV
acquired 7,500,000 ordinary shares of US$0.10 each in the Company on 24 July,
2009, equivalent to 4.76% of the voting rights and the issued share capital of
the Company.

Interesting..

[stegrego] 25/7/2009 20:59

Yep just like buses, no trades for ages and then 15 million come along all at once...... Ok maybe not just like buses...

[nurdin] 25/7/2009 16:14

Medquist looks to be on a breakout on Nasdaq....seen those trades Steg?

[nurdin] 24/7/2009 16:20

Huge trades today...hope it clears something for the share price to make some headway.

[nurdin] 23/7/2009 07:27

Reckon once this anomaly gets recognised CBAY will double from here...its just matter of time...

[nurdin] 23/7/2009 07:15

MEDQ capitalised at £164m now....CBAY stake worth £115m.

Yet CBAY market cap sits around £61m......grossly mispriced !!

[shaid1] 22/7/2009 23:27

steg

why is there no movement here. how much cash do they have? etc etc