Totally Share Discussion Threads

[riverway] 31/10/2017 14:48

Sikh - they may not have to retender for contracts as that takes a lot of work, money and time on both sides - Totally and the NHS- but there is no doubt that the NHS side will be looking closely at Totally’a takeooever and management of the contracts.
All of the contracts will have early termination clauses which can be activated for many reasons and they will also have severe financial penalties if Totally don’t perform. This has happened to large organisations with NHS contracts such as Capita and BT. Totally will have to find excellent managers to turn the CQC ratings of inadequate. They will not be cheap. Also Vocare being a not for profit has relied upon goodwill from both the local staff and NHs to gain the contracts. This attitude from the NHS is likely to change with a for profit company.
My reservation is does Totally have the right calibre of operating staff to a) attract the right staff at the right price? b) the expertise to run such a large company efficiently?and c) the experience to turn around the CQC’s inadequate rating?

IMO the answer to all three questions is currently no.

There are also many changes within Totally - the FD is leaving and the new one has to prove herself. The CEO has no experience of running such a large company, and I am surprised that they do not have a medical Director on the board. Bob has a good track record and he is acting as good chairman in raising the funding but he can’t do the operational stuff all by himself.

[sikhthetech] 31/10/2017 14:01

savage,

so where's the change in Mem & Articles and having to re-tender for contracts????
and where's all these issues that you are VERY familiar with and Vocare are meant to be dealing with....






savagedstock24 Oct '17 - 16:56 - 1591 of 1624 0 1 Moderate | Ban
graham
but they certainly showed a LOSS...LOL...i know a lot about it thanks, and am very familiar with the issues vocare are meant to be dealing with....

so...if you buy a not for profit company, what are the hurdles you have to go through the change the Mem & Arts, re tender for all the contracts etc, as presumably TLY are a for profits company (though they have never made any).....not easy to change a CIC reliant heavily on handouts from the public sector..

[grahamwales] 30/10/2017 20:12

Also the tie in with Care UK will benefit Vocare and can see a lot more partnerships going forward

[grahamwales] 30/10/2017 20:10

Agree they now have to make sure everything is 100% compliant. May have to spend a bit but crucial they sort any problems out.

[sikhthetech] 30/10/2017 19:20

The crucial thing is TLY must keep on top of any CQC issues... and address them asap...

The potential is huge, if they can continue to gain new contracts...

[sikhthetech] 30/10/2017 19:17

Nice to have broker's notes... It's down to the company to seize the opportunities and reach their goals...

So, we've had some detailed analysis and guidance... now for PR...

[grahamwales] 30/10/2017 17:17

That's one hell of a broker note, very detailed and showing substantial profits from 2018 onwards.

Buy and Hold.

[grahamwales] 30/10/2017 17:06

Got it thanks, had a reply back from the company regarding re tendering of Vocare contracts

Good news, let me know if you want me to forward a copy to you.

[sikhthetech] 30/10/2017 12:39

Thanks Pugugly...

graham,
you'll need to register.... very interesting reading...

[pugugly] 30/10/2017 12:34

Link
Need to scoll down and you will see initiation note - CAUTION - House Broker

[grahamwales] 30/10/2017 09:45

Can you post link

[pugugly] 30/10/2017 09:26

Initiation note out from Allenby (house broker) this morning - Might produce some share price action however (imo) Their comment that valuation looks a little on the high side might produce a little weakness in share price as looks as though much of the past increase has been based on the "hope value" of Bob Holt -

[sikhthetech] 29/10/2017 21:09

This from the NHS plans for Urgent Treatment Centres...


Urgent treatment centres

"Urgent treatment centres will ease the pressure on hospitals, leaving other parts of the system free to treat the most serious cases. The urgent treatment centre offer will result in decreased attendance at A&E, or, in co-located services, the opportunity for streaming at the front door. "

"The NHS will roll out around 150 urgent treatment centres by December this year and by December 2019 all services designated as urgent treatment centres will meet the guidelines we have now issued"

[grahamwales] 29/10/2017 10:52

Mac

Is this you interestingly all made on the same day, have you had a reply back yet.


www.whatdotheyknow.com/user/gillian_lansley

[grahamwales] 29/10/2017 10:49

Starting to wonder if the recent increase in institutions shareholding is a result of them previously holding a stake in Vocare. We have not seen any large share buys going through yet they have increased their holding.

[sikhthetech] 28/10/2017 12:42

Mach, you posted it was a bad deal, yet without saying why?

Does the NHS not need some major changes, resolving bed blocking and relieving pressure from A&E dept and GP surgeries...

TLY BoD have done what they were saying 'Add and BUILD', haven't they?
The proof is in the results...

[grahamwales] 27/10/2017 21:35

So you admit that your posting lies on this board, for what purpose are you posting here are you looking to take a position or just trying to help us poor investors from losing money?

[macthepak] 27/10/2017 21:16

Which boards are you referring to?

[grahamwales] 27/10/2017 18:45

Of course it's a bad deal that's why ii's are increasing. They have to get them from somewhere preferably nervy pi's. Keep up the good work as we are buying as well :-)

[macthepak] 27/10/2017 18:16

You guys in particular grahamwales and sikhthetech have been talking mumbo jumbo since the deal was announced.

When I posted on the 06.10.2017 and said it was a bad deal the price was 50p.

Today the price is below 40p and it is still a bad deal.

The market agrees with me.

[sikhthetech] 27/10/2017 17:05

Mach, Vocare are not just NHS 111 - they also run UCCs and Walk in Centres... so a lot bigger than you think...


Do you believe the NHS system will continue to survive as it is.... there are huge problems within hospitals, bed blocking, patients with non-life threatening conditions visiting A&E...Patients unable to get GP appts..

Without any changes, patients will die waiting to see A&E consultants because the A&E dept is blocked by people with non-life threatening conditions...

Things need to change - there will be teething problems with any changes but do you really think everyone should just stop and give up... really????

[grahamwales] 27/10/2017 16:59

hxxp://www.kentlive.news/news/kent-news/investigation-underway-after-baby-died-546758

[grahamwales] 27/10/2017 16:58

Do you honestly believe Totally has not had sight of Vocare's latest accounts, and if they were showing a big loss do you think they would have gone ahead with the purchase.

Vocare made a profit of £460,000 in 2016 on half the revenue of 2017 accounts.

Have seen the report and perhaps if you dug a bit deeper you would find that they had major problems there. So you see it had nothing to do with them not making money, please get your facts right before jumping in with those sort of comments.

hxxp://www.kentlive.news/news/health/east-kent-nhs-111-service-532185

Primecare has a turnover on NHS 111 of £30 million so you see that are not bigger its just not their main business.

[sikhthetech] 27/10/2017 16:37

I took advantage and added a fair few below 39p....
agree, TU would help... PR and guidance due...