Medica Share Discussion Threads

[parazaradox] 11/4/2017 07:22

Preliminary Announcement of Unaudited Results for Medica Group PLC for the year ended 31 December 2016

Delivered 28.3% revenue growth; increased adjusted operating profit by 37.6% whilst continuing to invest in future growth



2016


Revenue (£m) . 28.5 +28.3%

Gross profit (£m) . 14.2 +26.0%

Gross profit margin (%) +49.8%


EBITDA (£m) 9.2 +35.4%


Adjusted operating profit (£m) 8.1 +37.6%


EBITDA cash conversion (%) . 92%

[nurdin] 10/4/2017 19:21

Next move, I think will be expansion overseas with replication of the UK model...just a guess.

[nurdin] 10/4/2017 14:58

Although they may look expensive here,do remember they are at the forefront of telehealth revolution They have little competition in the UK and what competition that exists, is made up of 3-4 small outfits with far less resources than MGPs .As I learnt today,for example, MGP have more consultants than these competitors put together, and MGP are racing away..One of the smart move they have made is to recruit either retired or those close to retirement, consultants.MGP work gives these and the prospective retirees additional income which supplements their pensions handsomely,while keeping them in touch with the skills they might have developed throughout their working life.Smart.

In addition to getting business from the NHS they are also getting work from private hospitals both here and abroad... Australia and Brazil were cited.The technological advances in telecommunications and digital technology is giving them a global reach to their markets which they are not slow to exploit.MGP appear to be in a sweet spot to me.

I for one will be adding progressively as and when opportunities arise.

[nurdin] 10/4/2017 12:05

Thank you for that steve...a useful feedback.Shame he didnt say what they are doing about it !

[malcolmmm] 06/4/2017 15:08

By the look of the trades I think the share price will be over 200p before long

[parazaradox] 06/4/2017 10:58

Full price being paid by buyers now

Looks ready to go up

[parazaradox] 06/4/2017 07:46

Yes very likely


The new financial year has begun well with Medica securing a number of new client contracts that
are expected to commence in the coming weeks and months and a healthy pipeline of prospects.
The pipeline for recruiting Radiologists in the new financial year also continues to be strong.


Should get a year end trading statement soon

[malcolmmm] 05/4/2017 15:28

Mostly buys today ,they are reluctant to move this up,perhap they have orders to fill

[parazaradox] 05/4/2017 12:12

Year end Dec

We should be getting a notice of results RNS soon

All looking good for MGP...

[parazaradox] 04/4/2017 18:11

Medica (MGP) - a UK provider of radiology services - has arrived on the stock market in style.


Medica employs experienced radiologists to remotely assess human body scans for diagnostics purposes and uses its bespoke IT platform to report its findings. Its diverse client base includes 190 NHS trusts, various private hospitals and diagnostic imaging companies.

Looking at the financials, it's not surprising that Medica's shares were swept up with such gusto this week. The group has grown cash profits by more than a fifth since 2013 and has an operating cash conversion of more than 90 per cent. Plus, more than three-quarters of its revenue comes from recurring sources.

The market for medical imaging is also attractive and forecast to grow to $49bn by 2020, 52 per cent up on the market size in 2014, according to broker FinnCap. Although a considerable amount of this growth is expected to come from emerging markets, western societies are expected to benefit from advances in digital imaging technologies. Meanwhile, in the UK, cost-cutting measures at the NHS are likely to play in Medica's favour as the group claims to take considerable costs out of diagnostics.

IC VIEW:
Without a distinct peer group, Medica is tough to value. But we like the look of the group's market position and cash generation. We initiate our coverage with a speculative buy.



Chronicle say "The market for medical imaging is also attractive and forecast to grow to

49 billion dollars

[parazaradox] 04/4/2017 18:08

04/04/2017 16:11 UKREG Medica Group PLC TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES




Old Mutual over 10pc today. Quality outfit.

[malcolmmm] 04/4/2017 15:37

Bought in today they look good and SCSW thinks they are set to take off, hope so.

[johnv] 04/4/2017 11:43

Is there any Eps forecasts?

[irenekent] 04/4/2017 10:58

Thanks for starting the thread nurdin. I bought in last week and wondered how long Medica would stay off the radar. I think we could do well with this one.

[nurdin] 04/4/2017 08:40

Yes I grabbed a few at yesterdays open.Plan to add a lot more in due course.

[johnv] 03/4/2017 23:32

Did you get some Nurdin? Still waiting for it to settle down

[nurdin] 03/4/2017 22:18

Medica Group PLC is a United Kingdom-based company, which is engaged in the provision of teleradiology services. The Company offers an information technology (IT) platform that provides linkage between a hospital's radiology information system (RIS) and consultant radiologists who contract with the Company. The Company operates through Teleradiology reporting segment. The Company offers three services to hospital radiology departments: NightHawk, Routine cross-sectional (Routine CS) and Routine plain film (Routine PF). The Company's NightHawk service is an out of hours service to hospital emergency departments, offering always on support around the clock. NightHawk provides reporting on Computerized Tomography (CT) scans. Its Routine CS and Routine PF are both designed to assist hospitals in managing their daytime capacity and turnaround times. It provides Teleradiology services to NHS hospitals, private hospital groups and diagnostic imaging businesses.

[ains4] 04/8/2009 13:33

Like you i am left with these shares and they have a change of value.

[gazzastrip] 03/8/2009 14:55

Why do you ask?

I have tried contacting the company to see how i could sell my shares and what kind of price i might get. I didnt get very far!

[ains4] 03/8/2009 12:10

Are we trading again?

[clocktower] 24/7/2008 15:11

Thanks Gold Seeker.

Most of those companies that are de-listed and with JPJ seem to swim in clouded waters if one looks at the various comments on several threads on advfn, if indeed they are correct. Not that I would want to suggest any wrong doings in any case.

It is about time the regulators and takeover panel took a serious look at some of these companies imo, as it seems to me there are a lot of small investors that have been (to put it mildly) very upset.

One other investor has also contacted me, so we know of at least two that are invested here that use advfn.

Have you any comments about past actions taken GS?

[gold seeker] 10/7/2008 16:01

clocktower

I am still a holder.

I must confess that i have written them off and have stuck the share certificate in a drawer. The document is more or less worthless following the re-organisation before the de-listing.

Possibly the company may survive and in years to come the document may have considerable more value than it does at the present. I won't be holding my breath though.

I can't help you regarding JPJ as i haven't even bothered looking to check if they are listed.

[clocktower] 09/7/2008 16:05

Is any one left that still holds these as I do not see them listed on JPJ?