INHC

Induction Healthcare Group Plc

24.00
0.00 (0.0%)
Share Name Share Symbol Market Type Share ISIN Share Description
Induction Healthcare Group Plc LSE:INHC London Ordinary Share GB00BJ0M3545 ORD 0.5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 24.00 0.00 08:00:00
Bid Price Offer Price High Price Low Price Open Price
23.00 25.00 24.00 24.00 24.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Business Services, Nec 7.91 -8.43 -9.20 - 22.15
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 24.00 GBX

Induction Healthcare (INHC) Latest News

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Induction Healthcare Forums and Chat

Date Time Title Posts
09/1/202311:08Induction Healthcare30

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Induction Healthcare (INHC) Top Chat Posts

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Posted at 09/1/2023 11:08 by hybrasil
Just don't understand the maths here.
This was floated at 115p a share in 2019. The mcap at flotation was 35m. The shares have since fallen to 22p but the mcap is still 20m.. How come?

Posted at 21/5/2021 10:02 by dekle
The drop yesterday made the placing price seem less of a discount
Posted at 25/3/2021 11:13 by 74tom
Strongly suspect that a placing is on the way here;

Cash at 30th September = £5.01m
Operating cash burn in 6 months to 30th September = £2.4m
Probable cash balance at 25/03 = £2.5m or so

Enough to last another 6 months.

5 x RNS releases in the last 14 trading days is always a sure sign they are trying to increase the share price and thus reduce dilution. Admirable, but whether it's good for PI's depends on the discount.

Interesting to see what happens & whether they provide any clarity on revenues, as recent RNS's are missing any financial figures / are pure fluff.

Posted at 15/3/2021 22:56 by megasonic
Built up a healthy holding in INHC these past few weeks. RNSs on a number of contract wins in the last few days and the resulting share price action suggest this was a wise investment.INHC looks a real solid MedTech business, seems to have plenty of buy in from medical professionals.Expecting a Trading Update next month that will hopefully reveal decent revenue growth and potential for future contract wins. Currently only 20% of float available to PIs so share price will see big moves on low volumes. share price might see a big bounce if TU is positive, but IMO the real reward will come from a long term hold.
Posted at 09/7/2020 12:51 by sphere25
Scubadiverr,

In this instance, it's the well publicised Woodford debacle and Link Fund Solutions (holding 10.34% of the company's stock as per the RNS dated 09/06/2020) acting as administrator to place the funds. It has been a similar theme recently at the likes of PURP, TRX and DDDD.

Identifying an overhang in general would be an interesting question. Beyond news highlighting distressed or forced fund sellers, you can look for persistent sellers via holding RNS and where stocks appear to be artificially suppressed from reaching a higher valuation.

An example of this would be TSL where Simon Thompson has recently written an article on Investors Chronicle highlighting the increasing disparity between the valuation of the stock relative to the ever increasing value of the stake it has in AfterPay.

TSL has substantially lagged the move higher in the company it owns a stake in and the holding RNS show that this appears to be because of Lombard using the opportunity of higher market demand to sell down a very significant stake. They have sold down their stake from 18.7% of the company in mid May to 4.51% as at the 30th June.

There have been numerous overhang plays in the past, but note that there is no guarantee that the stock will rally strong too - it does depend on the fundamentals of the stock too, short term rises can be sold into or stale moves can occur. INHC is such an example as it's highly speculative and could find other sellers in the market wanting to sell at the overhang clearance levels, so it ultimately depends on the fundamentals.

Clearly if this stock starts show more on the fundamental front, it changes the picture entirely.

Hope this helps

All imo

DYOR

Posted at 05/7/2020 12:04 by danmart2
The currency valuation is based on speculation , difficult share to evaluate
Induction Healthcare share price data is direct from the London Stock Exchange
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