MDY Healthcare Share Discussion Threads

[baner] 26/10/2011 09:21

there should not be a tax given the terrible damages/losses that Dr Wrong caused the company over the years............there should in fact be £100m of potential losses that should be crystallized.

if so, the TNAV will be 70p-ish, all in cash once the very sound investment in Stanmore has been sold too.

i guess PG and 3i want their money having supported the new team during the work out - so shareholders should see 70p-ish coming out as a distribution - in maybe 12 months time. so buying 70p for 50p with delivery in one year - would make a 40% low risk return. not bad! but why do people sell at this level - sounds absolutely crazy?

[britishb] 26/10/2011 09:14

Not so hot are you hotfinance? You forget the debt on the MDY balance sheet - loan notes to 3i in the main, and the possibility of tax to pay on the sale proceeds (in the zero to 30% range, I have no idea!)

[hotfinance14] 26/10/2011 09:12

Before todays announcement the mkt capital was at £2.2m with a share price of about 15p. We are going to receive a payment of about £12m so should a fair share price be 12/2.2*15p = 82p.


Your thoughts ?

[hotfinance14] 26/10/2011 09:12

Before todays announcement the mkt capital was at £2.2m with a share price of about 15p. We are going to receive a payment of about £12m so should a fair share price be 12/2.2*15p = 82p.


Your thoughts ?

[qackers] 26/10/2011 09:00

Well done Jimmy. At least you got something back.

[hotfinance14] 26/10/2011 08:59

I need an share price of 136p to breakeven!!!

What is the NPV of Mdy now ?

[henley2] 26/10/2011 08:48

Anyone got an idea on the value of Stanmore?

[hotfinance14] 26/10/2011 08:45

A nice surprise but I am still in a loss situation.A special dividend will be made surely.

[britishb] 26/10/2011 08:44

Presumably there will be some tax to pay on the profits of this sale. $20m sale less $6m invested is a profit of $14m. Tax at 28%(???) about $4m, so net $16m to MDY. WHich is about £10. Less debt of let's say £1.8 gives £8.2m cash (48p/share). With Stanmore in for free.

Any accountant with thoughts on tax?
Anyone with thoughts on value of Stanmore?

[monte1] 26/10/2011 08:42

#3766

Aye, but these are few and far between.

[wad collector] 26/10/2011 08:33

I think my holding just moved up to about 10% of what I paid for it.I can't be bothered to look up what I did pay.

[topinfo] 26/10/2011 08:30

He is if you bought in at 12p. grrr

[forcemode] 26/10/2011 08:29

Just tried a dummy sell with Barclays, maximum sale of 2,500 shares at 40.55p

[topinfo] 26/10/2011 08:27

Well done Guys, jealous as I presume King Dong the 23rd is above. lol

[kinghorm23] 26/10/2011 08:21

It's good to see you are reading my posts and are as paranoid as you
were before.

Why would i be jealous, it's great when this happens to suffering
shareholders.

Something that will never in a lifetime happen to you and your pump
and dump sidekick topinfo because you cannot hold any share more than
a day.

[kinghorm23] 26/10/2011 08:10

You seen your doctor for paranoia yet moreforus :-))

moreforus - 26 Oct'11 - 08:08 - 8224 of 8226

he who shall not be named is deramping em...


Errmmm where am i deramping them, i just said i'm not chasing it, great
result for those who hold, too illiquid and too volatile for traders to
get involved imo

[moreforus] 26/10/2011 08:09

well done guys

[baner] 26/10/2011 08:07

They should have 70p in net cash once all settled and proceeds will of course be handed back to shareholders unless directors have credible options to reinvest. Well done to the mdy directors and thanks pg for supporting the company during difficult times!

[stevi111] 26/10/2011 08:07

Well I never !!

Unbelievable.

[kinghorm23] 26/10/2011 08:05

40p offer.

That's too high for me to chase, good look to others who do.

[kinghorm23] 26/10/2011 07:55

Huge mark up to 30p.

So value is 5 million now but they will have 10 mil left over and one
investment.

You can never tell with these type of stocks what they will do, in theory
they should be valued at maybe slightly lower than cash, say 50p in a bad
market, so it's hard to know what it will do from opening at 28-32p.

Well done to those who hold, a nice surprise

[jimmyloser] 26/10/2011 07:20

On the 10th of October Monte said this

monte1 - 10 Oct'11 - 20:26 - 3747 of 3753
10p bid?

Overvalued by around 9.99 p imo.



On the 17th, jl said this


jimmyloser - 17 Sep'11 - 10:09 - 3738 of 3753 edit


3735 - Appalling, but true. It is all that they are good for.

Hot

PG= Peter Gyllenhammer, he is Swedish and an abitrageur.

Arbitrageur - Definition of Arbitrageur on Investopedia - A type of investor who attempts to profit from price inefficiencies in the market.

It seems that he felt that MDY was being badly managed and so invested heavily and became an activist shareholder who wanted the sum of the parts to be broken up to realise shareholder value and subsequently make a decent return on his investment.

The original management have departed and new guys are doing the clean up act, they are making an excellent job of it (imo).

This week they jettisoned the ill fated Trust William.

They are left with low running costs and the two very valuable and saleable assets. (imo)

Stanmore and Medivance - I expect Stanmore could be next and then we will be left with Medivance. For those still holding MDY shares, it is felt that Medivance are the jewel in the crown. I am hoping for between 30p and 50p a share next year especially if Medivance are either bought or IPO..

all, imo/dyor

[jimmyloser] 26/10/2011 07:15

189k, but it has just like Galleon been a very painful ride.

Guess where some of the funds are going?

Simon, thank you