Emis Share Discussion Threads

[wad collector] 07/7/2023 09:31

The trouble is that however strongly that UH and EMIS make a case, it hits the buffers of the CMA decision. Are they really likely to change their mind because silver-tongued lawyers argue that they are wrong?

[jonals] 06/7/2023 08:10

UH/EMIS response to the CMA was submitted two weeks ago. It's long but reads well.

[wad collector] 03/7/2023 10:23

So it's back to being a market leading software supplier in a deep niche with a near monopoly in practice , and a reliable main customer.
The current P/E reflects that it is no bargain but that it is not much of a gamble either. The company needs to stay at the front of the evolution of its market but not bring out more unwanted third party software to clog up its primary care product. In my view more as a user than an investor.FWIW.

[scorpione] 27/6/2023 07:33

Thanks for your thoughts stuffee

[stuffee] 26/6/2023 23:02

Don't forget United Health is capitalised at over $400bn, so it could finance acquisitions of Amedisys ($3bn) and EMIS (£1bn) out of petty cash if it so wished. I don't therefore feel its announced offer for Amdisys will have any effect on potential offer for EMIS.

[scorpione] 26/6/2023 19:22

I wonder what this means for EMIS? Any thoughts?

[researchanalystman] 26/6/2023 18:38

Announced today UnitedHealth Group has agreed to acquire Amedisys for $101 a share.The healthcare-services provider said in a securities filing on Monday it has agreed to a merger with UnitedHealth in which each Amedisys share will be converted into the right to $101 in cash.Amedisys will become a wholly owned subsidiary of UnitedHealth.The Baton Rouge, La.-based company said earlier this month that it had received an unsolicited proposal from a unit of UnitedHealth for a takeover at $100 a share.The new bid disrupted Amedisys' previously announced plans to combine with Option Care in an all-stock deal.

[edwardt] 21/6/2023 12:28

some long only boys replacing the arbs?

[1c3479z] 05/6/2023 17:42

leading article in the Times concludes today that the CMA is stifling enterprise by intervening too much post-Brexit- view shared by Jeremy Hunt by the looks of it, be interesting to see what comes of their investigation of emis/ United Health.

[tomps2] 25/5/2023 08:51

EMIS Group (EMIS) Full Year 2022 results presentation - May 2023

Emis CEO, Andy Thorburn & CFO, Peter Southby, present full-year 2022 results.

Watch the video here:

Or listen to the podcast here:

[edwardt] 25/5/2023 08:22

fcf/e now 5.4%. with the takeover now priced as not going to happen - i think i will buy a few. good luck all

[wad collector] 17/5/2023 23:10

Had another look at the 70 page document and I remain in the dark. Maybe I am too dim to spot it , but this looks to me like an exercise in how not to present information.
Clearly the market has reacted to suggest that the takeover is dead in the water but I also note that no financial commentator seems to be willing to stick out their neck and make a news announcement explaining it on the net.

[ianood] 17/5/2023 18:21

Worth buying as an IHT AIM stock?

[scorpione] 17/5/2023 17:30

Yep - same as you gopher

[edwardt] 17/5/2023 17:15

yeah - share price as if the takeover does not exist now. i might dip my toe...

[gopher] 17/5/2023 16:42

Quick scan of CMA document does not reveal anything new

[edwardt] 17/5/2023 09:13

probably a buy at these levels.

[redalert] 17/5/2023 08:40

This was published today from CMA

[wad collector] 17/5/2023 08:36

Sudden drop back to 1440 , no RNS , suggests some news about the takeover being abandoned?

[wad collector] 26/4/2023 11:14

That upwards creep is continuing, suggests an increased confidence about an eventual takeover perhaps. Having bought back in at 1380 I was going to take a quick profit but think I will hold a little longer.

[wad collector] 21/4/2023 09:37

Interested to see the share price creeping slowly upwards in the last 10 days ; there will remain uncertainty about the bid situation for months. If you take out the whole bid issue, £16 is not an outrageous price for it's niche position but it is not cheap.

The effect of a Labour Government on the business will not be as great as the effect of a Labour Govt on the share price I suspect .They say they will reverse the Lifetime Pension limit changes, they may curtail IHT AIM share rules, they may reduce ISA limits, they may further reduce dividend tax allowances. Who knows?
Any Gov is going to have to to continue invest significantly in IT infrastructure so I think the income stream is secure here.

[1c3479z] 15/4/2023 08:40

not sure that Labour can fix the NHS given the straitened circumstances and public finances presently, they also won't have any spare cash to spend.
NHS needs reform and to lose some people, greatly overstaffed in some areas.

[leucadia] 14/4/2023 22:40

I would not like to predict whether the merger with United Healthcare will be completed but I think the CMA's concerns have confirmed the strategically important position EMIS has as a contractor to the NHS. For this reason I am willing to risk a loss if the United Healthcare bid is disallowed as I think this loss would eventually be recouped over the medium term owing to EMIS's competitive position. My guess is that a Labour government at the next election would eventually benefit EMIS owing to greater NHS spending and efforts to fix the NHS, and I wonder if others would agree with this assumption?

[wad collector] 11/4/2023 08:37

Up to around £16 on opening ; there is obviously some confidence that a takeover is still possible.

[wad collector] 10/4/2023 14:42

Interesting, hard to spot that RNS amongst the dozens of institutional updates. I see it came after market closed.
Not a massive surprise but should lift the price a little tomorrow am.