Medica Share Discussion Threads

[mw8156] 27/9/2021 10:34

Peel Hunt price target 83 Liberum price target 245 seems the market is taking the mean.

[18bt] 13/9/2021 09:29

Delayed reaction to the CM day?

[tightfist] 07/9/2021 08:02

A summary of the presentation will be available following the end of the meeting at www.medicagroupplc.com/investors/

[ali47fish] 03/9/2021 14:22

ha anyone got a link to the capital daY WEBINAR please

[tightfist] 26/8/2021 12:22

Any forewarning of potential COVID stress (ie potential reproriritisation of resources) at the NHS and are we going to see tumbles like this? Or am I over-thinking this current weakness?

[melody9999] 26/8/2021 11:39

Liberum - We think Medica is navigating the COVID recovery well and is on-track to deliver the 14% revenue CAGR (fastest in the sector) that we forecast over the next 5 years. Remains our Top Pick with the next key catalyst due on September 7 – its CMD. Target price 235p

[scooper72] 26/8/2021 11:38

Certainly one to keep an eye on long term. My current holding is quite modest and now only up 19 percent. As I am trying to reduce risk at the moment and am 95 percent fully invested I am Planning to just keep my current position and hold off for now buying any dip. But as a company I want to have exposure to it for the long term and will be looking to top up when the opportunity arises for me.

[leopoldalcox] 26/8/2021 11:11

Quite a pull back over the last couple of days. I guess we were due one after such a strong period

[mighunter] 09/8/2021 00:04

Article from Proactive over the weekend - Medica Group's rebound is a story of patience and patients https://www.proactiveinvestors.co.uk/companies/news/957090/medica-group-s-rebound-is-a-story-of-patience-and-patients-957090.html

[melody9999] 06/8/2021 09:40

MMs being naughty and trying to grab your shares cheaply by widening spread. Don't let them!

[cheshire man] 25/7/2021 08:37

SABAH MEDDINGS | INSIDE THE CITY


NHS work should be healthy for Medica
Sabah Meddings
Sunday July 25 2021, 12.01am, The Sunday Times


As restrictions are relaxed, a key focus for hospitals will be the record lists of patients awaiting elective operations and scans. The most gloomy estimates suggest that these could take years to clear.

This backlog is likely to boost demand for Medica Group’s services. The supplier of teleradiology, which allows radiologists to view images remotely, steps in when the NHS can’t keep up with demand, which is an increasing problem.

Demand for radiologists in the UK is growing by between 5 and 6 per cent a year, but there is no spare capacity in the NHS. That’s where Medica comes in, offering teleradiology to hospitals that outsource about 20 per cent of their cases — a figure that has doubled over the past five years.


It employs about 500 radiologists — often retired or who want to fit work around caring responsibilities. They read scans remotely, easing the pressure on busy hospitals.

Medica began life in 2004 and floated on the London Stock Exchange in 2017 at 135p a share. Soon after, pricing pressure in the NHS nearly halved that value. But under new chief executive, Stuart Quin, Medica has invested in its software and recruited new radiologists. It has also teamed up with the artificial-intelligence firm Qure.ai to improve efficiency.


In November, it expanded with the €16 million acquisition of Global Diagnostics Ireland, its counterpart there. And a recent joint venture with an Australian business, Integral Diagnostics, means Medica can use radiologists there when it’s night-time in the UK.

All of this has put Medica’s share price on the road to recovery — it closed on Friday at 163p, valuing the business at £199.5 million. Revenues are expected to revive to £61.4 million this year, according to investment bank Liberum — up from £36.8 million in 2020.

As hospitals have focused on Covid patients, demand for Medica’s services has been hit. Now, hospitals are addressing their backlog in elective activity — and that is likely to boost demand this year and next.

In the UK, elective operations and scans have recovered to 75 per cent of pre-Covid levels. It should be busier during the summer as NHS radiologists go on holiday — meaning Medica can pick up the slack.




Part of the shortage in radiologists is down to the ten years’ training required to be a consultant radiologist — of which there are currently about 4,000, although only 3,750 full-time as part-time working has increased.

So there is a good chance Medica will be in demand in the months ahead. Buy.

[boonkoh] 19/7/2021 09:25

Next few weeks is a risk to Medica. If cases surge and so do hospitalisations, many electives will be cancelled and knock-on impact on Medica revenues for this year.

[18bt] 21/6/2021 07:42

Chunky buy by an exec. Like it that he is the Bus Dev Director. He should have a good view on prospects.

[fez77] 16/6/2021 10:31

£350k worth.

[fez77] 16/6/2021 10:30

Every purchase by a Director or interested individual is significant to some extent. It either highlights confidence or feigns at such. Stephen Davies bought 350k worth on 25 March. Other more recent buys are top-ups. Looks positive to me.

[18bt] 16/6/2021 07:33

Not a lot in the AGM statement other than by implication that the good start to the year has continued to date.

[mighunter] 15/6/2021 17:41

Getting ahead of myself in post earlier - AGM actually tomorrow at 10:30 so maybe a statement to look forward to tomorrow morning. Good to see a strong close today.

[boonkoh] 15/6/2021 16:17

"significant?"Wouldn't be the choice of words I'd use to describe the director purchase...

[fez77] 15/6/2021 10:23

Significant Director purchases showing strong confidence in future prospects. Have added even at this higher price.

[trcml] 15/6/2021 10:10

experienced NED appointment?

[mighunter] 15/6/2021 01:29

AGM is today so possibly an AGM statement...

[fez77] 14/6/2021 16:09

Excellent break out for the share price Something's happening!

[mighunter] 11/6/2021 16:38

Not quite sure why the erratic price moves but good to see part of the volume yesterday was CEO in for a £30k top-up.

[boonkoh] 10/6/2021 21:29

Would be interesting to see any holdings rns concerning the big trades today.