Feedback Share Discussion Threads

[lr2] 03/7/2020 16:33

A few people leaving with 1% profit and one early bird with 5%. I reckon there was more buying than selling overall today.

[ducatiman] 03/7/2020 15:30

Not today Ged, what a difference a day makes!

[ged5] 03/7/2020 09:41

I was updating the number of shares this morning and noticed Herald had increased their holding. I'm not sure when this happened but I'm sure it was before this placing. Let's hope for many blue days, Ducatiman.

[ducatiman] 03/7/2020 09:30

Another blue day?

[ged5] 02/7/2020 22:18

OK, I think I'm in exalted company here but were those last two trades just a transfer from one of your accounts to mine? I'll have a look in the morning! :)

[meganxmas] 02/7/2020 21:57

If hold for 3 years no CGT. That is on top of 30% income tax relief in initial investment sum. Unfortunately when I invested here was not via EIS !!! But still believe will do v nicely !

[lr2] 02/7/2020 20:13

I might be out of date with this info but around 20 years ago VCT and EIS holdings benefited from very good tax breaks if the shares were held long enough. If still true, then there may not be too much flipping. The advisors who helped set up this deal seem to have used VCT and EIS holdings as a large part of companies taking up the offer.

[ducatiman] 02/7/2020 19:39

I am quite surprised at the strength in the bid side. If we don’t see stock being flipped in the next day or two I think we can assume there is some decent news on the horizon.

[ducatiman] 02/7/2020 17:04

I got same quote. I might sell a few when they are going up in .25s.

[lr2] 02/7/2020 15:54

Yes, they will take my holding at 1.07p. Think I'll hang on and see what happens next.

[ducatiman] 02/7/2020 15:49

They are bidders in quantity too LR2

[lr2] 02/7/2020 15:46

Current actual spread is 1.08p - 1.13p.

[digger2779] 02/7/2020 15:46

SP gaining a bit of traction. Long may it continue.

[lr2] 02/7/2020 15:37

Thanks Kinwah, as an ex-IT guy I know that I would struggle to produce anything meaningful, that wouldn't lead to a loss to my company, in one short week before the application close date. The information that we can see is nowhere deep enough to make an educated guess as to numbers of users required and hospital locations etc. It might help to open up discussions but NHSX are asking for too much to be done in such a short timeframe... unless talks have already started in the background.

[kinwah] 02/7/2020 14:49

LR2, having had some experience of NHS and other government department procurement, I think this tender is just an opening shot by NHSX to see what systems are already out there or in the process of development. Tom will be well aware of this and will see it as a great opportunity to build on existing conversations within the NHS. As I understand it, Bleepa is the only medical device of its type approved for sharing clinical images but this tender might flush out some other potential competitors.

[ged5] 02/7/2020 13:08

"We are delighted to have completed this pivotal fundraising for the company. We are very grateful to Ed and the Trowers team for their hard work, expertise and strategic advice, making for a smooth and efficient process." So Tom says it was pivotal! The advice was "Don't mention the placing to Peterhouse"

[lr2] 02/7/2020 12:39

More advisors Ged, not just Penningtons Manches Cooper. Https://www.trowers.com/news/2020/july/trowers-and-hamlins-advises-feedback-plc-on-its-527-million-fundraising

[lr2] 02/7/2020 12:06

It doesn't seem to be something that isn't really going out to tender. Shortage of time to produce a tender document, documents only available to approved users who are already registered on the e-procurement system of the NHS. Seems as though there is already a chosen one and nobody else need apply. If this is how the gate keepers of NHSX work then it would explain why everyone still uses pagers.

[ged5] 02/7/2020 11:51

If the requirement had been clinical grade imaging sharing then yes it would be a good fit. I suspect the contract is for Hospify. Https://www.nhs.uk/apps-library/hospify/ £3m over two years isn't the sort of return institutions would want on a £5m investment.

[lr2] 02/7/2020 11:35

There's something odd about it Pete. Last edited date was yesterday and closing date to apply is next Monday with a start date of 27th July 2020. I would be amazed if any company has time to carefully prepare a tender offer in such a short space of time. Will be interested to see if Tom has anything to say about this by next Monday.

[petekand] 02/7/2020 11:27

It does seem a perfect fit for Bleepa so I hope Tom is not asleep at the wheel when such opportunities are presented.

[lr2] 02/7/2020 11:15

Any thoughts about this? Https://www.contractsfinder.service.gov.uk/Notice/100f0132-1c2b-40aa-a79f-f3c91545c448?origin=SearchResults&p=1 Https://www.itpro.co.uk/business-strategy/digital-transformation/356255/nhsx-offers-ps3m-tender-to-phase-out-pagers

[yump] 01/7/2020 18:09

o/t I have to say, I have been in negotiations with blue chip customers in the past and the issue of our balance sheet strength never, ever came up... and that was in part o the industrial construction market, where it was actually very important that we could see a project through to the end with sufficient working capital. This comes up quite a bit and is mentioned by companies raising money, but its a red herring excuse. Blue chips were still giving Carillion contracts while they were going bust.

[ducatiman] 01/7/2020 17:48

Well we are now a £10m company with £5.5m plus in cash. Should be easier now to attract “blue chip” customers and of course investors. Let’s just pray that the millions don’t disappear as fast as the previous fundings! Looking forward to, hopefully, an exciting year ahead. GLA, duc.

[ducatiman] 01/7/2020 17:44

GL davydoo. Hope you return one day.