Totally Share Discussion Threads

[microscope] 08/9/2022 11:54

Nope no profit warning here. Just shorters caught out, again.Spire said pretty much same as Bob, this morning, and added that they still believe they will meet market expectations. I also liked Spire's comment about 'strong cash conversion set to continue '. :)

[sikhthetech] 08/9/2022 11:42

The point missed is most, if not majority, of contracts have inflation uplift clauses in them. That was stated in the July presentation.

[nobbygnome] 08/9/2022 11:32

Will the growth in the number of contracts make up for the squeeze on margins. That is the key question I guess. It’s clear they have many opportunities to expand their business with the NHS’s current parlours state and they continue to generate lots of cash. Looking forward to my 0.5p divi again shortly…

[longshanks] 08/9/2022 11:17

I agree with supernumerary: Bob's statement was effectively a warning that profits are likely to be affected by cost pressures.

I am still bullish on the prospects for TLY and think it will weather the coming storm better than most AIM businesses, but one shouldn't close one's eyes to what is presented.

[melody9999] 08/9/2022 11:09

Agree Super but just for clarity there has been no profit warning. Just a statement at the AGM confirming there are opportunities for growth but also staffing and cost increase challenges. Challenges which I guess face every business right now.

[sikhthetech] 08/9/2022 10:52

Excellent news.
The NHS would not award these contracts to company if they thought it was in trouble.

Contract extensions of around £13-14m for 6months work!


"- Five contract extensions across the North East of England and Yorkshire for the continued delivery of GP out of hours ("GPOOH") and clinical assessment services ("CAS"). The contracts run until 31 March 2023 with a total value of c. GBP7.3 million; and

-- A contract extension for the continued delivery of an urgent treatment centre in South East London until 31 March 2023, valued at c. GBP6.4 million."

These extensions underpin recurring revenue by securing the continuation of existing contracts and demonstrate the excellent long-term relationships held between Totally and commissioners across the country.

[supernumerary] 08/9/2022 08:19

Yes, always reassuring to see there are even more contracts they haven't lost, especially after a profit warning ;¬)

I'd like to see some wins from the new mindfulness company, which seems to be lost in meditation.

[microscope] 08/9/2022 08:11

Excellent news of highly lucrative contract extensions this morning.And with Spire reporting increased demand with 6.7 million people awaiting treatment, the sector boom looks set to continue

[nobbygnome] 08/9/2022 07:08

Yet more contract extensions complete with built in inflation adjusters. This business is relentless….

[supernumerary] 06/9/2022 20:57

Meanwhile, back in the real world, despite the unremitting efforts of the tly mercenary crew, the situation in the NHS gets ever-worse:



Luckily for tly, I expect Therese Coffey thinks that more of the same failed policies will eventually succeed, if only they're carried on long enough :¬)

[sikhthetech] 06/9/2022 20:56

ammons,

Exactly. That's my point. NHS will always be a top priority regardless of who is in govn. Same goes for use of private providers.

Every govn pours money into the NHS and are too scared to make any major changes to it's core structure.

That's a major point a lot of people don't understand.



sikhthetech - 19 Dec 2018 - 13:12:23 - 6805 of 19146 Totally Health - 2014 onwards - TLY
I don't think any government will be able to make WHOLESALE changes to the core NHS org quickly... It would be a political disaster and an own goal.

It takes years to plan and make changes to anything to do with the NHS...
The current changes to the NHS were originally thought of back in 2012, when SDM was being talked about.. so 6 yrs ago...

The Labour Government created NHS Direct, the Tories changed the name to NHS 111 and expanded on the idea..

Any change of Government would probably result in smaller changes around the edges 1st, ie at local level, which may or may not affect TLY..

[sikhthetech] 06/9/2022 19:53

Liz Truss, new PM, top 3 priorities

Economy, Energy Crisis and NHS.

NHS will always be a top priority of any govn, whoever wins.

Economy, energy and NHS are top priorities, says new PM Liz Truss

[melody9999] 06/9/2022 17:31

From the last 5 posts, all readers should conclude that Owenski is short of TLY and rather than inform you, he is just trying to influence you for his own personal gain.

[owenski] 06/9/2022 17:05

That's your problem.

[melody9999] 06/9/2022 16:58

When asked, if they refuse to be transparent, this makes it even more likely they are short of the stock and just trying influence rather than inform other investors.

[owenski] 06/9/2022 16:16

Because it's correct.

[melody9999] 06/9/2022 16:12

Interesting to see Owenski post the same negative comment repeatedly to try and create FUD (fear uncertainty doubt). In my experience, repetitive negative comments mean:
1 the poster is short of the stock (most likely) OR
2 they have a gripe against the company for some reason and are looking for a way to get their own back. Possibly an ex-employee.
3 they just enjoy wasting time on shares they have no interest in investing in

When asked, if the poster refuses to be transparent, this makes it even more likely they are short of the stock and just trying influence rather than inform other investors.

Owenski - your view may turn our to be correct but please be transparent and tell the board why you keep posting the same comment?

[owenski] 06/9/2022 16:08

Not looking good, moved well below the 200dma

[johndoe23] 06/9/2022 15:54

Some heavy selling today

[owenski] 06/9/2022 11:08

No surprise to see this hammering down. Bad business model in a high inflation environment. Better homes for ones money out there than businesses with massive wage bills.

Bob gave a negative caveat in that AGM statement, best not to ignore it.

[sikhthetech] 06/9/2022 00:07

Everyone needs healthcare, recession or not.
If anything people get made redundant from other jobs, so job supply would ease...
;-)




Listen to the Investor Presentation from July.

The staffing and inflation points were mentioned back then. Nothing new. Owenski is talking BS.
Listen for yourselves.

[owenski] 05/9/2022 23:34

Not really an attractive business to buy in to, especially as it's wage heavy and with recession kicking in and wage claims spiralling upwards.

Bob sending out a warning today, trouble ahead.

[sikhthetech] 05/9/2022 23:05

shazbo
"if you can’t actually attract the staff in the first place to fulfil the contracts you’re surely going to lose them."

Why? All providers and the NHS are in the same boat.



"Bob telling it like it is. Fair play to him."


The BoD already mentioned it, it's nothing new.
The BoD have always mentioned the opportunities and challenges and not kept shareholders in the dark, unlike many other AIM companies..

Orph has crashed 75% because of the over promising and under delivering but you and 1gw mates don't have any concerns there, why's that??? ;-)