Ergomed Share Discussion Threads

[sabzahmed] 18/1/2021 11:06

Volumes are low. Hopefully nothing to worry about. I took the opportunity to top up just under 940. Fingers crossed for next weeks TU (assume Fri?)

[gus111222] 18/1/2021 10:50

Hopefully nothing untoward with NHS contract(s) otherwise must be MM.

[ihatemms] 18/1/2021 09:44

MM games -trying to collect stock off weak holders ahead of TU later this month- very low volumes.

[sabzahmed] 18/1/2021 09:40

Any idea why this has been dropping last few days? I can't find anything to explain the drop.

[grabster] 06/1/2021 07:20

deleted (posted on wrong thread by mistake. Sorry)

[bramble13] 05/1/2021 22:24

Bear in mind,the faster they go up, the faster they come down.

[bermudashorts] 05/1/2021 20:00

Yep really impressive

[bramble13] 05/1/2021 16:16

No this is just a good company getting a well deserved upgrade.There is a lot more to come yet.Don't forget the trading update due in mid January,that will be good.

[nurdin] 05/1/2021 15:30

Is this a delayed reaction to the acquisition in December?

[blueflame] 05/1/2021 14:17

Excellent start to the New Year. It seems their is a determined buyer out there. New all time high.

[piedro] 23/12/2020 13:47

Ergomed@ErgomedPLC If you are looking to build your career in one of the most rewarding fields in the world, watch our passionate people talking about their work! We’re looking for passionate and focused people who are inspired to improve patient lives to join us. Marija: hTTps://youtu.be/PC81ukZO4x8

[bramble13] 21/12/2020 22:24

Get ready for an upward breakout tomorrow.The volume is there from a well formed pennant.I have put my money where my mouth is.

[apad] 15/12/2020 15:25

Very well presented, Piedro. Much better than my single number. Another 130 salaries after the acquisition. 😊 apad

[piedro] 15/12/2020 10:22

FWIW, - in 2017,18 they started contracting new personnel too soon and got 'burnt'. - they now seem to have learnt from the mistake AIMHO, BWDIK.

[grabster] 14/12/2020 16:34

APAD - I've previously done comparisons of earnings per worker on other stocks and found it amusing rather than useful. Pick any two stocks that are closely comparable in a narrow subsector, look at the outcome, then do same with two more, then two more (in other narrow subsectors). By then I already find too many inconsistencies or oddities - particularly on small companies where the ratio of chiefs to indians is often very different. Sometimes the stronger company looks worse than the weaker one.

[apad] 14/12/2020 14:59

One of my concerns is the revenue per worker. At about £88k this is low and I assume the workers are expensive. Capitalisation/Revenue is not bad at 7 years. Early days for a Profitability/Revenue metric. I compared ERGO with AFX as they both offer a service and are similar mkt caps. ERGO has ten times the employees and three times the number of jobs on offer. AFX has £287k of revenue per worker and ERGO £88k. Not an entirely equal comparison (but what are). I'm not posting this to slag ERGO off as I am attracted to a service industry in this sector. I'd be interested in counterarguments as I'm a bit of a scaredy cat. apad

[piedro] 14/12/2020 13:53

Excellent webcast - worth watching the replay - talks about Asia :-)

[blueflame] 14/12/2020 13:18

Presentation slides. Hopefully the analysts will revise targets upwards after this great looking deal. https://www.ergomedplc.com/wp-content/uploads/2020/12/ERGOMED-PLC-Analyst-Meeting-MedSource-Acquisition-vFINAL.pdf

[rampmeister] 14/12/2020 09:33

Today’s acquisition increases annual revenue by almost a third with no dilution to shareholders as funded out of their cash pile. Imv market reaction looks muted. RM

[grabster] 14/12/2020 08:00

"Acquisition expected to be immediately accretive and earnings enhancing" "Significantly increases Ergomed's order book. MedSource joins Ergomed with an existing order book of over $41 million, adding to Ergomed's GBP151.4 million order book as reported in September 2020.." (Is there a rubbing hands together emoji?)

[blueflame] 14/12/2020 07:43

Excellent news.

[bramble13] 14/12/2020 07:16

That's not nice,that's bloody brilliant.

[ayl30] 14/12/2020 07:04

Nice acquisition!