Inspiration Healthcare Share Discussion Threads

[hastings] 19/10/2020 11:16

Hope you are correct riv, I've been surprised that the shares have been so reluctant to push on, hopefully setting a new trend.

[rivaldo] 19/10/2020 10:48

Good to see the bid price has now moved up to 71p - perhaps a seller has been cleared, as resistance seems to have eased.

[troutisout] 18/10/2020 21:43

Some interesting figures from this on Worldwide market and the distributors cut,

[lammylover] 18/10/2020 09:34

Thanks for info, Rivaldo.
Should lift price back into the 70p's tomorrow, despite best efforts of market makers to drive it down this week!

[rivaldo] 17/10/2020 23:49

Major tip in tomorrow's Mail.....



Conclusion:

"Over the next five to seven years, Campbell is keen to triple sales to at least £100million, drive profits forward and increase dividends. He is resolutely focused on patient care too, doing everything possible to improve the lives of newborn babies and their families.

The company is exploring new products and expects sales to grow rapidly, following the SLE acquisition. Efficiency should be improved too, through economies of scale.

Midas verdict: Campbell has a simple philosophy – that good businesses should be growing, profitable and generating cash. They should then reward the shareholders who took the risk of investing in them. Inspiration ticks all these boxes. It also helps some of the most vulnerable children in the world and has played a key role in combating Covid-19. At 66p, the shares are a buy."

[troutisout] 16/10/2020 10:03

67p to buy....

[rivaldo] 09/10/2020 12:00

Cheers - here's a direct link:



Good to see the CEO emphasising the organic growth - i.e the ventilator sales were simply a very nice bonus - and that the maiden dividend is sustainable from the core business. The outlook is also extremely confident.

[troutisout] 09/10/2020 10:51

tinyurl.com/yyjpd9lg

[rivaldo] 08/10/2020 15:30

Great spot MG1982, cheers - looks very promising.

[mg1982] 08/10/2020 12:05

Seems like a large contract for IHC of £7.5m. Wonder how much of it belongs to them?



Interesting from a few days ago

Lovely!

[troutisout] 08/10/2020 10:36

Neil Campbell, Chief Executive Officer, will be presenting via the Shares and AJ Bell investor evening webinar tonight at 18:00 BST.

For more information, please visit our website below.

hxxps://buff.ly/33CU207

[rivaldo] 07/10/2020 09:03

Here's Investor's Champion's verdict on the results - "good value"...

"Inspiration Health: inspiring results

Global medical device company, Inspiration Healthcare Group (LON: IHC), announced excellent interim results for the six months ended 31 July 2020 as it benefited from the NHS’ rapid requirement for ventilators.

Group revenue rose 77% to £14.2m and was 25% higher excluding the impact of acquisitions.

Adjusted operating profit was up 122% to £1.1m with the net operating cash inflow £2.2m helping to lift period end cash position to £5.2m, which supports a maiden interim dividend

The Group sourced over 500 adult ventilators delivering £7.3m of 'one time' revenue, of which £2.9m was in the first half year.

The big news at the end of the period was the acquisition of S.L.E for a total consideration of £18.0m. S.L.E. is a leader in the design and manufacture of ventilators for neonatal intensive care, with management hoping it is a major step on their journey to become a world leader in Neonatal Intensive Care.

Management now expects full year results to materially exceed market expectations.

House broker forecasts for the full year ending January 2022, including a full year from S.L.E, are for revenue of £40.6m (+15%), and earnings per share of 4.7p. At the current share price of 69p this results in a 1 year earnings multiple of only 14.7x – good value compared to many others!

The shares rose 11% on the news lifting the market capitalisation to c£47m."

[cockerhoop] 07/10/2020 08:23

Yes, I did troutisout. No startling revelations but appeared very happy with initial SLE integration and benefits from cross selling etc.

[troutisout] 07/10/2020 07:59

Did anyone listen in to the Investor's presentation? Did it happen yeterday?

[rivaldo] 07/10/2020 07:09

Nice big mention in this morning's market report in the Daily Mail:



"Inspiration Healthcare Group was cheered by investors for declaring its first dividend.

The move came after the company, which has been supplying ventilators to the NHS during the Covid-19 crisis, said revenues had jumped from £8.1million to £14.2million in the six months to July 31.

Its profits also rose from £483,000 to £1.1million during the period.

Inspiration declared an initial divi of 0.2p per share – worth £136,000 overall – for the first half, payable on December 29. Shares climbed by 4 per cent, or 2.5p, to 64.5p."

[cockerhoop] 06/10/2020 12:02

I have replied to Paul Scott's nonsense on Stockopedia ;-)

[geoff80] 06/10/2020 09:52

An obvious buy.

[hastings] 06/10/2020 08:55

Agreed rivaldo.

[rivaldo] 06/10/2020 08:40

Paul Scott has just commented on IHC on Stockopedia in the comments section of his Small Cap Report.

It's inaccurate, containing factual errors, and just completely misunderstands the company and its core earnings and potential. If I was a paying member and able to post, it would be difficult not to compose a really angry reply, since it's so superficial. And it will no doubt put off many from investing or even looking.

I appreciate he has a difficult job in having to quickly review companies he's unfamiliar with, but that doesn't excuse something so fundamental as this.

[rivaldo] 06/10/2020 08:28

Cheers WGT, appreciated - that must have been a while ago :o))

Cenkos have increased this year's forecast to diluted EPS of 4.9p, with £5m net cash at the year end.

They also state that there's between 30% and 65% upside to the overnight share price based on the usual multiples, so the high end would see the share price up to 102p.

[geovest] 06/10/2020 07:42

From the Cencos note:
Investment thesis – Organic growth and the transformational acquisition of SLE is
set to more than double Inspiration Healthcare’s revenues and adjusted EBITDA from
FY20A to FY22E. We believe such growth is fundamentally attractive but note our
FY22E forecasts highlight the ‘true’ market valuation of Inspiration Healthcare shares
pointing to a significant undervaluation in our opinion. We believe the shares should
be trading closer to 90p in the near term and reiterate our Buy recommendation.

[hastings] 06/10/2020 07:38

Cenkos has upgraded and looking at next years numbers, which could prove conservative IHC trades on a forward PER of 12!