Inspiration Healthcare Share Discussion Threads

[gopher] 13/7/2022 09:05

Capital markets day today to institutional investors only.

[gopher] 30/6/2022 09:11

Bought in at 105 just ahead of this new drop in price after a positive but cautious announcement

[techno20] 23/2/2022 08:05

Positive reaction to buy recommendation from ST in IC.

[km18] 18/2/2022 18:15

...from last year...

Company overview:
inspiration Healthcare Group is a global supplier of medical technology. Company’s product cover critical care, operating theatre and home healthcare application. Their specialty is non-invasive respiratory management, thermoregulation. The Group supplies its products, based on innovation and excellent customer service, to more than 50 countries. The company’s dedicated R&D facility made in 2013 and recent acquisition of SLE boosts the group capability for innovation. However, the very competitive nature of the sector combined with regulatory changes put strain on the returns on these investments. With only a couple of acquisitions over the past decade, organic growth was the main driver of IHC’s progress.
Back in January the annual report drove the stock down, due to reservations towards the ability of the group to sustain such astonishing results. Incredible growth in revenue and profit, was partially driven by a one-off revenue figure from Covid, with organic growth in the region of 14%. Now that the stock has settled a little in the region of 120-130 we get a trading update for the interim period. Unfortunately, this update does not provide much information. The only useful piece of information is that they are expecting 47% increase in revenue, compared to 2020interim reports. Last year interim report has £14.2m, meaning this year the Group is looking at roughly £20.8m of revenues just for the interim. Looking further down the Profit and loss statement gross profit margin of around 50% over the last interims should bring the gross profit above 10m, which is in line with the result for H2 2021. This means that outperformance relies heavily also on operational efficiency, for which we do not have any clues in the update. The real importance comes from the resource of this boost – is it another one-off, spring lockdown driven result?...

...from WealthOracleAM

[lammylover] 17/2/2022 12:40

IHC put a very nice trading update out this morning. FY Revenue up 10.9% v LY 2020. Minimum £41.0m revenue and EBITDA £6.2m again up 10.5% v LY.
Exceeded market forecasts and this was against a very strong 2020 when there were one off ventillators bought due to CV19.
Also picked up a new £1m contract from Egypt this week, which is a nice start to 2022.

Its hard to believe these shares were priced at 150p in October 2021, but you can still buy 30% cheaper today at 105p.
Needs some coverage from Simon Thompson or other tipsters for the herd to see the value here..

[lindowcross] 31/1/2022 10:01

I added to my holding in the last weeks with two purchases at around 1.17 and 1.03. I hope and expect the price to move higher as this company provides evidence it remains on a solid growth trajectory. But of course, who knows what might happen?

[lennonsalive] 25/11/2021 15:35

Will watch from the sidelines for now

[mg1982] 25/11/2021 15:29

No concrete reason but mginvestor on twitter said he had sold his remaining holding 2 days ago but didn't give a reason. I DM'ed him to ask but he hasnt responded yet.

Could just be general market being cautious and they are on a high PE and no growth in FC's - Im guessing this is the reason its down WDIK

[lennonsalive] 25/11/2021 15:26

Not been in this for a while, but saw the big sell off today. Any reason? I know the ceo sold some a while back

[bull19] 29/10/2021 20:38

100k out of 4.5m isn't that worrying though is it? He could have a good reason for selling that we don't know about?

[montyhedge] 29/10/2021 16:38

Always a bell ringing moment to me when a director sells, to follow him.

[mark2market] 29/10/2021 14:54

No wonder we've been weak, CEO Neil Campbell dumping 100,000 shares into this thin market ain't helping, might have to regroup at around 110p

[lfc4ever] 15/10/2021 09:57

had been thinking hard about bailing out as we slid to 120. thank goodness for inertia!

[melloteam] 11/10/2021 08:37

Just to let shareholders and prospective investors know that Inspiration Healthcare, Frenkel Topping Investments and eEnergy will be presenting at the Mello Monday webinar event tonight, Monday 11th October at 6:00pm-9:30pm. There will be over 600 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.
Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.


The Programme is as follows:

6.00 pm Mello welcome and news
6.05 pm Company presentation by Inspiration Healthcare
6.35 pm David Stredder interviews David Cicurel, CEO of Judges Scientific
7.10 pm Company presentation by Frenkel Topping
7.50 pm Michael Taylor
8.00 pm Company presentation by eEnergy
8.30 pm Mello BASH

[lfc4ever] 05/10/2021 07:18

Very promising set of results. stripping the non-trading items from the previous year accounts, we have a very significant eps increase.

assuming even modest improvements in H2 compared to H1 we would be looking at eps of say 8p for the year.

At current share price level that is PE of only 15 or so- surely much too low for a rapidly growing company?

one wonder if we soon become a takeover target ourselves?

I of course pinch myself to remind myself that i invested here for the football pitch heating technology!

[montyhedge] 29/8/2021 16:22

Fair enough, like you said lots of risks, but every share a risk.Just seems high p.e, past experience if a company has one piece of negative news with a high p.e they get hammered.That's the chance investors take, I will keep an eye on this one.

[mtioc] 29/8/2021 15:54

Long term, stable growth market - neonatal ventilators/icu. Technical and reputational barriers to entry. High insider ownership. Good long term track record. If they get this right (lots of risks including M&A, distribution/OEM model,international growth and big competitors), it should be a much bigger company with obvious trade buyers with a very high sector (often revenue) multiples. EV at 15x EBITDA is toppy, but what isn’t at the moment?

[montyhedge] 29/8/2021 12:58

Looked at this company very high p.e and dividend not even worth talking about. What's the attraction boys.

[lennonsalive] 12/8/2021 12:10

Heading to that all important 150

[strollingmolby] 11/8/2021 14:13

Looking forward to it kicking off again this weekend, and seeing Virgil and Konate at the back (& Gomez..). Not sure we have enough to win it but it'll be close. City, Utd and Chelsea look strong so hopefully there is a signing or two to be signed yet to bolster the squad.

Anyway back to IHC - on target for 150p in short order and an ATH :)

[lfc4ever] 11/8/2021 13:39

Hi, Jan. What are your thoughts for the season?

[strollingmolby] 11/8/2021 07:34

Nice trading update, and forward looking statement - steady as she goes. 47% up on the last H1 gives almost £21m revenue, and if continued could bring the FY up to £54m. Very nice.

[peter27] 25/6/2021 08:40

Nice AGM statement

[vprt] 15/6/2021 08:32

My guess is that tip-buyers are cooling off. And trend-followers can be similarly quick to jump off the bandwagon when they fear the trend is broken, moving on to the next hot thing. Just guessing.

As I'd like to increase my small holding, preferably at lower prices, I would welcome a further dip. So please feel free to join the sellers if you're feeling nervous...

A further hypothetical cause - completely out of thin air on my side (but consistent with their strategy and past) - could be that they are lining up more major M&A and are preparing a placing.