Medical Solutions Share Discussion Threads

[par12] 01/8/2007 08:17

You can buy as many as you want for 7.5p looks like the MM's want to move stock. I should expect to see further falls; I have a 5p buy target

[par12] 01/8/2007 07:59

Asian market crash; I think I will wait see if the seller makes more moves; Best wait for a while

[par12] 31/7/2007 17:01

On a serious side; this one has been recommended to me; I know about results prob in Sept 27th ish; But he implied something was going down I am trying to see if its good or bad info.

[scribble99999] 31/7/2007 15:36

As for the share price failing, if you look at todays trades at the moment there are only 4. This is an illiquid share with few transactions so it will be volatile. Best option is to stop watching the price until the half year results are released in August and hopefully some good news might help.

[scribble99999] 31/7/2007 15:34

Par what are you talking about? what makes you think he bought them at 5p? is this conjecture or is there some evidence of this?

[par12] 31/7/2007 13:44

I have a feeling TOM has picked these shares up at a discount; I reckon he paid no more than 5p a pop; I guess us holders should feel lucky otherwise they would have hit the Market at any price !!

Someone wants out and we need to find out who; These shares where issued at .49p

So What ever the price the SELLER made a profit; Which is more than us lot !!

[warranty] 21/7/2007 18:56

Lewis, when it comes to fair value, don't you think that applies to MLS currently??

[lewis winthorpe] 20/7/2007 09:05

Do some research into ACC while you are all bored here. Interims next week 12p fair value currently 6p.

LW.

[buywell2] 07/7/2007 16:26

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[paulo dicanio] 06/7/2007 11:49

Hi Warranty ... I know you have been involved with MLS a long time also ... Going back to the NHS they have messed loads of other companies about also over years , they just don't want to spend money at the end of the day ! But with that in mind how many other countries on this planet would { Knowing also how long it took NICE to checkout out the MLS Technology was it 18/24mths another way of not having to spend money ? Remember the current technology the NHS use is well over 50yrs Old } Then when everything is approved turn round and say we don't want to put all our eggs in one basket fair play ! But then offer MLS's American Competitor which worked out around 30% per patient dearer per test than MLS , up to half the available business potentially available ! Also if I am not mistaken MLS's Technology was actually being used in Scotland long before the UK !

The NHS in my opinion in this country is best described as a "Shambles" If a Private Company was running it the way it is being run , they would be up in court on "Fraud/Deception Charges" taling all them NI contributions of people every Week/Month for what ? If you live in a different area only a couple of miles away you will or won't get treatment due to funds etc ? Is that real ?

Anyway Viva MLS think the good times at long last are not too far away now .

As always "Time will tell"

[andrew7831] 05/7/2007 18:10

Nice to see the new Director buying 828,557 shares.

[estonia] 05/7/2007 16:15

I AGREE...THE NHS HAS A LOT TO ANSWER FOR..

[paulo dicanio] 05/7/2007 14:55

Just for the record , I have been involved with this company since the Turnpyke days . And as we know it as been very badly managed too say the least along with loads of similar companies that unlike MLS have gone to the wall . At least now things are improving as i'm sure the next results will show . Now is the time that someone might be interested in MLS not years ago ! This present government/nhs also have a lot to answer for regarding the MLS performance over the last 2/5yrs basically just messing them about .

12/15p by year end is in my opinion is easily achievable . Let's wait and see .

[ccnp] 05/7/2007 08:54

whats the burn rate and the cash pile?

[scribble99999] 05/7/2007 08:24

Wilkie, a bit of both. I still beleive that this company is turning around for all the reasons given in my previous post. However those comments were made before the directors started spending the cash they had just generated.
My gripe is that the underlying core business is not profitable yet and I would like to see this changed, whilst the company still has substantial cash resources. The other thing is the fact that it is difficult to know whether the 2 businesses the board have bought represent good value.

I believe that mls should cut overheads, and one thing which struck me recently was how glossy the annual report and accounts was. It looked more appropriate for a huge company like BP or RBS rather than a £15m cap company. How much did that cost to produce? For a loss making company it is unnecessarily glossy which makes me wonder whether this type of approach has been endemic in the company. Fortunately this also means that there should be plenty of fat available to be cut off to make this company far leaner, and therefore profitable.

[wilkie_hk] 04/7/2007 19:02

Scribble, I can't help noticing that you appear to have become considerably more downbeat in the last 6 weeks since you posted a new thread (24/5/7). Is there any particular reason for this or were you just countering some of the irritating Pie in the Sky posts that appear on here?

[abbynat] 04/7/2007 17:51

thats the most sensible thing i have read all week! excellent post scribble.

[wilkie_hk] 04/7/2007 17:03

Well said Scribble, my sentiments precisely.

[scribble99999] 04/7/2007 16:16

I don't find it hard to believe they have not been bought out. Why would anyone want to buy a loss making company? Over the last 5 years this company has burned up £27m of investors cash, including mine. Until it starts to make profits no one in going to be interested and given that its losses extend over so many years it will take solid results to get anyone to notice. We are at the beginning of the turnaround but what we need is profits by year end. Reduced losses are no use to anyone. Anyone can run a company that makes no money, it's not difficult.

I personally would like to see them stop spending any more money on acquiring other companies until they have got their house in order. I am worried that having just exchanged £15m of intangable assets for £15m in cash (a great move forward) that it is burning a hole in the boards pocket and they are going on a spending spree. The £9m or so that is left can earn minimum 6% per annum just in interest, so unless a company they want to buy is making profits of £540k pa, then the cash should stay in the bank.

The big problem sometimes of having large cash resources behind you is that it stiffles the need for efficiency. I think that before buying anything else the Company needs to make the existing business profitable, otherwise buying up other companies and using their profits to offset losses in the core business can just masks fundamental flaws in the business plan.

[paulo dicanio] 02/7/2007 11:28

I think if the next set of results are reasonable which personally I believe they will show good progress at long last ! With cash still at hand and perhaps a another company is brought then I wouldn't be surprised if MLS doesn't creep up to the 12/15p area by end of the year ? But as always time will tell ? Having said that I still find it hard to believe MLS has not been taken out by a larger competitor !

[buywell2] 30/6/2007 15:10

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[rex taurus] 29/6/2007 16:21

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Richard Winder, Deputy Director of the NHS Cancer Screening Programmes, said: "The ThinPrep Imager (TPI) and other imaging technologies are currently under evaluation and are being assessed for use in the NHS Cervical Screening Programme."
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By August 2006, Liquid-based cytology (LBC) had been introduced at over half of laboratories responsible for analysing cervical screening samples. National coverage is on track to be completed by 2008