Synergy Health Share Discussion Threads

[cat] 25/8/2001 09:40

6mdm - dont confuse the issue with this stock. There is a lot of "noise" out there because the healthcare environment is continually changing. Some of what you have listed is brill, but some is pie in the sky, hugely complex and difficult to focus down on clear business opportunities.
Synergy is a nice little business with huge potential. i was lucky enough to buy at 165, - would like some more, but I aint gonna chase it.
The reason it is attractive for me is that the concept is an easy one to compartmentalise and will benefit from PFI. There is a lot to do with healthcare which will never be as clear-cut - believe me.

[stustu] 25/8/2001 07:57

6m

I cant really add a lot to that - suffice it to say that cat and I are probably at least as aware as anyone else of the opportunities in Healthcare.

Gausie :-)

[6million dollarman] 25/8/2001 05:17

Dil

So you've joined the bandwagon eh...

$6M$M ;-)

Healthcare is one of the fastest growing sectors in western markets if you need more convincing.

Check out the next post

[dil] 24/8/2001 18:07

Don't feel so lonely now :-)

Can't see these pulling back far CAT , any punters will have to be out Tues/Weds next week then the fun should start.

Chucked mine in the pension.

Dil

[jonc] 24/8/2001 17:09

There's always an interest Dil just got nothing to say except by posting this I have said something.

Cheers

Jon C

[cat] 24/8/2001 17:04

hoping they'll slide back a bit - no chance - so far anyway

[dil] 24/8/2001 15:25

Not much interest in these then ?

[6million dollarman] 20/8/2001 21:25

Dil

Not only did they not sell they are locked in until next year $:-)

[dil] 20/8/2001 20:34

Interesting too that directors did not sell shares in the placing. Shows they are confident.

Dil

[northwards] 20/8/2001 20:10

I bought in today at 1.73. Looks to be a great little company in a sector ready to significantly grow over the next few years. Be interesting to see what, if any, press SYN gets tomorrow and leading up to interims which i think are are due next month. Heavily tipped in the latest edition of small co sharewatch. Brewin Dolphin is forecasting 2.25m profit on sales of 17m for next year. Interesting to see how the City inteprets the 40m order book quoted in afx above...presumably this includes long term contracts ?

[dil] 20/8/2001 18:49

You convinced me :-)

Dil

[stustu] 20/8/2001 08:39

Dil

Healthcare's a great market at the moment - the ultimate defensive yet at the same time a market swimming with technical innovation.

NHS Trusts have budgets in place to cover the next 4 years or so, and the current reworking of primary care into Primary Care Trusts, together with the government's drive towards , and the focus on patient centric 'Self Care' is presenting all sorts of new opportunities.

G :-)

[6million dollarman] 20/8/2001 08:28

I Haven't actually bought any yet Dil. As you say it's a risky market and I'm waiting for signs of improvement before dipping in.

$6$ man $%-)

[dil] 19/8/2001 22:48

Risky in this market don't you think ? :-)

Dil

[6million dollarman] 19/8/2001 18:41

Latest News:

LONDON (AFX) - Synergy Healthcare PLC proved fund managers still have an
appetite for new equity as it unveiled that its listing, which valued the
company at 21 mln stg, was close to three times over-subscribed.
Shares in the medical support services firm, priced at 128 pence each, start
trading on Aim August 20 and the company has raised 8.7 mln stg from its
institutional placing, it said.
The issue has been hailed as a major success by management, particularly
given the current abject state of capital markets awash with telecoms paper and
debt.
And it exceeded chief executive Richard Steeves' hopes of netting 4-8 mln
stg from the listing.
Around 46 pct of the enlarged share capital has been placed with
institutions, leaving the majority -- 53 pct -- in the hands of directors.
Steeves, with a 19 pct stake valued at close to 4 mln stg, is the biggest
single shareholder on the company. He founded it in 1991 along with
non-executive director Andrew Fitton, who has 14 pct of the shares.
Other big investors include chairman Clive Richards, who holds around 17
pct, and finance director Richard Pearson, with 2.4 pct.
None of the executives have sold stock in the run up to the IPO and all
agreed to a lock in agreement which prevents them from selling shares for the
next year.
Synergy, which provides waste management, theatre management, non-sterile
and sterile services mainly to NHS Trusts, made an operating profit of 1.3 mln
in the year to March 31, on sales of 10.7 mln.
This represents a growth of 185 pct and 90 pct respectively over the last
three years, it said.
"Since announcing our intention to float on the alternative investment
market in July we have been awarded additional new contracts taking the value
book of our contracts to well over 40 mln," Steeves said.
He added that Synergy's markets are "fast-growing and there is not very much
competition."
The company will use the proceeds from the listing to fund on-site technical
service support units and a new multi-service facility in South East England. It
will keep part of the proceeds as additional working capital.
The listing is handled by Brewin Dolphin Securities.
vh/ijl/tw


For more information and to contact AFX: www.afxnews.com and www.afxpress.com

[6million dollarman] 19/8/2001 18:40

Synergy operates 24 hours a day, shipping 80,000 products daily and managing over 5500 stock locations throughout the customer network. A range of products is supplied on a managed basis including surgical instrument trays, reusable and single use theatre packs, healthcare laundry and over 10,000 medical/surgical product lines through our strategic alliances with major manufacturers such as Medline Industries Inc.
All of these products can be supplied as part of a materials management programme with local monitoring and central control, backed up by a team of fully trained staff and a computerised system with leading edge software. A national distribution network enables next day delivery to our customer network. Combining the running of these services into a flexible and efficient whole makes sense. And it really works.



I've been looking for a stock too invest in rather than trade and am hoping all the news and massive institutional interest (3 times oversubscribed) make this one hell of a good investment for the future.

Best Of luck 6M$M $%-))