Patientline Share Discussion Threads

[jonc] 08/4/2008 09:45

poowoo.

I bailed out and took my loss a long time ago.
Thanks for your concern though.

JC

[praipus] 08/4/2008 09:39

Article on Radio 4 8.50 - 9.00 today about the benefits of listening to music in a Hospital, Hospice or Care Home setting for both the patient and the careing staff.

Perhaps PTL could team up with some more of these care providers to bolster the package from a nursing angle.

Also wonder if PTL has considered delivering or partnering with Ultrasis who I believe deal with the Psychological aspects of illness through a range of computer based products.

[praipus] 07/4/2008 13:26

Why are you so sure Powwow?

[powwow] 07/4/2008 12:58

Jonc why are you wasting your time on this one, this is a losing stock and will not recover. To think I thought you were intelligent ;)

[shazza16] 02/4/2008 11:22

I know what PTL mean by "cost cutting" they mean making people redundant not actually trying to find a way of increasing rev, they don't help themselves just sitting around hoping the banks will cut their debt!

[scribbler101] 01/4/2008 23:51

i THINK IT HIGHLY UNLIKELY THAT THE nhs WILL DO ANYTHING; EXCEPT PERHAPS ON A LOCAL BASIS; sorry caps, I am talking about some d/e deal that leaves a douceur for shareholders - or allows some rights perhaps.

But let's be clear - it's a PURE PUNT.

Nothing like as serious an investment as buying Northern Rock post-Sep 2007!

[momentos] 01/4/2008 10:42

You expect Brown and Darling are going to cough up?!

92m Shares in issue, so 2p each only costs them 1.85m I suppose...

[scribbler101] 01/4/2008 10:26

That is what we seek - but do not always find!

I think PTL worth a punt on the basis that even as nuisance value it may be worth giving present shareholders more than 1p/share. OTOH the latest co statement said nothing.

[praipus] 01/4/2008 10:20

Scribbler101, I associate your posting with contrarian hidden value related opportunities is PTL one of those in your opinion? and if so why?

[scribbler101] 01/4/2008 10:08

And maybe a bit of aircraft refuelling on the side?

[scribbler101] 01/4/2008 01:07

but don't forget the train leasing companies. A little known and astonishingly lucrative bunch who destroy the economics of the whole system.

[scribbler101] 31/3/2008 18:10

momentos - they renationalised the railways a few years ago. Do try to keep up!

dixi - I doubt if PTL will actuLLY GO BUST. Cui bono?

[dixi] 31/3/2008 15:54

If Patientline go bust has there been any suggestion as to what happens to the service and terminals - will the NHS run any of this for instance? After all they seem to do well at running car parks!

Wife just out of hospital - without this service it would have been a major nightmare - TV was a godsend really - took her mind off the wandering crazy longtermers. Service not perfect and their equipment needed mugging to make one decent working terminal.

[marben100] 31/3/2008 15:46

I would imagine that the "constructive discussions" are aimed at finding ways of just keeping the kit going and not pulling the plug altogether, rather than at returning anything to shareholders. The NRK analogy is an apt one: shareholders are there to take the main risk - and reap the main rewards, if a venture is successful; otherwise they are last in line in the queue of creditors. That's the law.

[praipus] 31/3/2008 15:24

a happy cup - "continuing 'constructive discussions'"

There is obviously massive risk to buying at this level but a mere glimmer of inspiration a cleverly chosen joint venture partner and the whole game could change.

When you consider the hideous press theyve had revenue has held up amazingly and in my opinion the product/model is sound I would hate to sit in a hospital with nothing more than a mobile phone.

Phone + Internet + TV so you can communicate with family, friends, bank, work etc could keep you sane and speed up your recovery.

Infact specialists say the most important tool in fighting cancer is the patient having a sanguine attitude.

[jonc] 31/3/2008 14:44

egg cup???

[momentos] 31/3/2008 14:10

Must be a small cup!!!

[jonc] 31/3/2008 13:51

"unlikey" is admittedly not excellent

I like to see a man whose cup is half full....

[praipus] 31/3/2008 13:16

"unlikey" is admittedly not excellent. But investors and shareholders and bankers like Boards that are honest.

"continuing 'constructive discussions'"

[momentos] 31/3/2008 13:14

Praipus, because it is the truth. Shareholder equity here is less than non existent.

The "Property, Plant and equipment" in the balance sheet is worth nowhere near the 43,393,000 stated. Even with this value in the balance sheet we have:

TOTAL SHAREHOLDERS' DEFICIT AND LIABILITIES 48,366,000

Just how is this going anywhere but bust? As I said the banks are keeping it alive as long as it can pay off just a little bit more of the loans (83.4m). When the equipment starts falling apart and this stops, the fat lady sings.

EBITDA is under 3m. SO even if they could just pay the loans off with this, assuming no interest, takes 30 years!!! Not a hope.

Latest Accounts

[jonc] 31/3/2008 13:01

The troubled UK hospital communications provider also informed shareholders
that it is unlikely that any value will be attributable to its ordinary shares
following any restructuring of debt.

[praipus] 31/3/2008 12:57

Momentos, Why so negative?


Patientline says constructive talks continue on resolving debt levels




LONDON (Thomson Financial) - Patientline PLC said it remains focused on
resolving its debt levels and that it in continuing 'constructive discussions'
on the matter, with the support of its banking syndicate.
Meanwhile, progress on cost reduction and the development of additional
revenue streams has continued, the company said.
The group also reported today that revenues in the four months to Jan 31
were 25 pct below the same period last year. Revenues for the ten months to Jan
31 were 23 pct below the same period last year.
The troubled UK hospital communications provider also informed shareholders
that it is unlikely that any value will be attributable to its ordinary shares
following any restructuring of debt.

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