Totally Share Discussion Threads

[quazie12] 31/1/2023 21:36

I would be a buyer again if it goes much lower as a value play

[sikhthetech] 31/1/2023 20:39

TLY have a diversified business model with subsidiaries:
1) Urgent Care(the contract in question)
2) Planned Care, physio etc
3) Insourcing - Pioneer Health to reduce the huge backlog of operations.
4) Company Wellbeing - provide services to corporations for staff wellness..

TLY started with UC to build a foundation.
UC contracts are TLY's bread and butter whereas insourcing, company well being are the growth areas. These are higher margins.

So TLY don't have to work hard to replace any profit lost from lower margin UC contracts.

That's what sensible businesses do. Build a foundation and then grow.

The contract in question represents a contract within 1 subsidiary.

TLY provide their services to all 4 UK nations plus Republic of Ireland.

[sikhthetech] 31/1/2023 20:25

Pugugly

lol. 3 votes up within minutes. still milking the same rns.

The whole rns from a week ago refers to the HSJ article, NW London ICS citing legal reasons, isn't it?.

Therefore, it's obvious TLY will be working with legal advisors until this matter is concluded.
That's what all companies do. They not going to instruct legal advisors then half way through do their own thing without legal advise!!!!



The real interesting fact is the hundreds of trades. There aren't dozens of PIs invested in TLY, are there?.

So where are these hundreds of small trades to move the share price lower coming from???
Who's behind these dozens of small trades?


Until you look at 1gw's mate Barkboo's claims.
He does hundreds of trades every day. He also has a gang of friends with 6 figures to support his trading.



The trmr gang, yet again.

[ammons] 31/1/2023 20:20

Sikh, you bought this afternoon? I will join you but at 18p.

[pugugly] 31/1/2023 20:06

The kicker is in the penultimate sentence of the last rns. " The Group continues to work with legal advisers on this matter." Make of it what you will but (imo) a red flag.

[sikhthetech] 31/1/2023 19:13

Look at this £66m contract. Just the other side of London.
Greenbrook previously held it but have now renegotiated new service spec and financial terms.

Exactly what Wendy said in the investor presentation.


"Greenbrook had delivered urgent treatment centre services at Princess Royal University Hospital and Beckenham Beacon since 2013 and 2014 respectively, and recently re-tendered against a new service specification and financial model."

[sikhthetech] 31/1/2023 19:07

This contract with the Hillingdon CCG (same areas ICS) was signed last year for a period of 2 years until 2024. So if there's reputational damage, as some claim then this should have been terminated, given it's the same area.

So where's the evidence it's been terminated???



"Under the terms of the Contract, Vocare, which forms part of Totally’s Urgent Care division, will provide GP-led primary care services for Initial Accommodation Centre service users located within 34 hotels in the London borough of Hillingdon and neighbouring boroughs.

Today’s contract was initially awarded in February 2020 to meet the primary care needs of individuals seeking asylum in England who were located mainly within Hillingdon in London.

During the Covid-19 pandemic, the contract scope was expanded to include support for new arrivals into UK local airports who exhibited symptoms of Covid-19, the company explained. Under the new terms of the deal, the extension will run from 1 April 2022 to 31 March 2024.

Totally’s Urgent Care division has already been awarded three new contracts and multiple contract extensions, together worth a total value of more than £54m this month. These contracts will see the division deliver its services across several locations in England.

As a result of these contract wins, Totally will deliver its services across North East England, Staffordshire, Stoke-on-Trent and South East London. Vocare was awarded a contract with Staffordshire and Stoke-on-Trent CCGs for the provision of GP Out of Hours services."

[sikhthetech] 31/1/2023 15:35

If readers don't want to read lse, you can see Brimach(Radium on lse) and his mates post on trmr in feb-apr 2021, gloating and claiming TLY are finished!!
Complete BS, as was proven and countered their posts on here.

Same is happening now.



Basically Radium and his mates have now publically admitted the shares haven't fallen due to any concerns at the company but because of a personal vendetta they have, hence they're shorting.

[sikhthetech] 31/1/2023 15:19

I added this afternoon.

[replicas1967] 31/1/2023 14:36

Radium1
Posts: 699
Price: 24.75
No Opinion
RE: You couldn’t make it up!31 Jan 2023 14:23
Moniman….As previously stated, I have stt1 filtered so I don’t see or read any of his clap anymore. You are correct though in stating that this man has spent 10 years+ on the Tremor International, advfm and lse bulletin boards placing content that is designed to damage the investment case for those invested there and followed it through with his version of pleasure posting, detailing how correct his forecasts have been and implying how silly we all were and if only everyone had listened to him, we wouldn’t be where we are, we wouldn’t have lost our money, would we, type innuendo.
It’s quite incredible that I can state here that stt has posted a total of thirty four thousand and fifty two posts on the Tremor International advfm bulletin board alone, to date, all of it with a negative slant and (I’m not prepared to waste time checking for correctness) but it’s somewhere in the region of another 11,000+ similar posts on Tremor's lse bulletin board as well. And recent reports indicate that this guy has now migrated to bulletin boards where those same Tremor investors have other interests.

It's a well-deserved irony then, for those same investors, knowing that stt is so heavily invested here in Totally PLC at prices dating back to 95p+ days, (I mean, seriously invested). Filled his ISA with Totally on one occasion that I know of; is now suffering the same fate that he tried so hard to bring upon others. He’s not looking so bright right now, is he?
What Totally Plc investors are receiving here at this time is, quite simply, Schadenfreude, from those long-suffering Tremor guys.

Irrespective of all this, I personally, have never been able to make an investment case for Totally Plc. and right now, without doubt, it is a worrying time for Totally Plc investors. As I see it, the situation is precarious. There is nothing personnel, on my part, to the ordinary Joe here but as I see it, one more RNS carrying bad news and this one is going down hard. On top of that you’ll likely suffer further collateral damage from angry Tremor investors because of the above. For me, I’ll try to restrain myself but there is a debt yet to be paid to Tremor investors (and others) for a decade of misery from this man.

Would appreciate it if someone would post this onto the Totally advfm bulletin board.

[savagedstock] 31/1/2023 13:30

just revisiting TLY after a while. For transparency, traded it from 16p to 35p, so missed the top (as usual). Considering buying back in.....but there are a couple of issues i need to understand better
1) why did the directors sell half of their free LTIP shares to pay the tax? Surely their advisers could have come up with a different, but perfectly legal, scheme. The shares are free - so 2% dilution roughly for existing shareholders. Need an explanation of why the Directors did not put their hands in their pockets to meet the tax liability, and perhaps secured the debt against the shares
2) despite several times asking the same question, TLY never answer it. If you strip all the BS away, TLY simply supplies services for a (fixed) fee - yes, it can fluctuate given certain parameters. But that is the essence of this company. It simply does not make any money, which means that either its cost base is too high, or the contract values are too low. In the current environment I cannot see how they will be able to change either of that. And it is not an incremental gain business, unless it wins additional contracts in the same hospital / place where services are delivered. They desperately need a technology for labour substitution, but I doubt this is something the NHS will tolerate.

As I have said before TLY should have a net margin of between 5% and 10% to deliver any sort of shareholder value. So on say £150M of sales the net should be between £7.5M and £15M - on a 7X PE (which is more than fair given the quality of the business, implied equity yield of 14%, which feels right given Risk free rate of 4% and a 10% risk premium and execution risk), gives a MV of between £52M and £105M.

MV now at bottom end of that range suggests the market does not have confidence in the management to deliver.

It is also worth pointing out that the NHS has been the graveyard of so many (un)listed businesses, and many (like Kooth) are gravitating towards the USA. The mantra of NHS, NHS, NHS and NHS outsourcing is just that....mantra. It is not a bankable business strategy.

I think this may well be oversold, but it is a trading stock, not a lock away and leave one (alas)

[sikhthetech] 31/1/2023 13:22

They did say in their previous investor presentation that they are prepared to give up unfavourable contracts.

TLY lost the devon contract a few years ago but the NHS came back to TLY last year requesting help. That proves, like all companies they win and lose contracts. There's no impact across.


They won a £66m contract in SE London only last month. If there were reputational problems in NW London then they wouldn't have won the SE London one.

[legaleagle66] 31/1/2023 13:15

Nigel, I think this might be cheap when it gets into the teens?

[sikhthetech] 31/1/2023 12:45

Oh dear Digitalis, playing the victim again to sway any readers.

Yes everyone should read my posts.

Blnx/rthm, now trmr crashed from highs of 870p to around 330p based on red flags I warned about.
Byot fell from around 10p to around 2.5p based on red flags I warned about.
GBO bust due to fraud
etc
etc

On threads like Blnx/Rthm/Trmr, where Digitalis and his mates mention TLY hundreds of times going back years. So he and his mates have been mentioning TLY as a diversionary tactic for years.







Yes, please do check my posting history.

[nigeldoug1] 31/1/2023 11:50

Seems to be support at 25p. Looks cheap particularly since they have only just won a 10m contract but always risks with there only being one major customer. Wendy has worked hard on the CQC rating and I think it is right that they shouldn't low ball.

[888icb] 31/1/2023 11:05

I suspect what has happened is that Greenbrook knowing exactly how much this contract costs to run have tendered higher than their existing contract and higher than another tenderer. Whilst the hospitals are supposed to take account of quality, in practice they will usually take the lowest tender. Perhaps they will come back to Greenbrook when they get poor service from the new provider. They are probably hoping to retain most of the current staff under TUPE but that means they will inherit the existing cost base, which will make it hard for them to make a profit if they have won with a cheap bid.
I think the TLY share price will bounce back quickly once the full story can be told.

[nobbygnome] 31/1/2023 09:50

Interesting that the CQC ratings for most of the hospitals taking over from Greenbrook are ‘require improvement’ (including for urgent and emergency services) whereas Greenbrook’s rating is good! As an example is the Ealing Hospital summary below

[owenski] 31/1/2023 09:26

It's called Karma, lol