Totally Share Discussion Threads

[alamaison5] 03/7/2018 09:20

So, no more talk about the buyback?
:-)

[porky8] 03/7/2018 07:56

Cash Free ....Debt Free ....

The Company has conditionally agreed to acquire the entire issued share capital of Vocare Limited ("Vocare") for a maximum consideration of £11 million on a cash free and debt free basis (the "Acquisition"). The total consideration is being satisfied through:

[savagedstock] 02/7/2018 22:27

longshanks

clearly we have different experiences with IIs. Be that as it may, no investor will sit comfortably on a 60% loss on no news from the company...unless of course there have been meetings behind closed doors of course...

where i disagree is the delivery on strategic objectives - you cannot make this point until the full year results are out. I could say a great detail about the current management team, but suffice it to say that Bob Holt never made any money from healthcare - Mears makes its money from replacing 10p light bulbs for £2....their home care business has consistently not turned a profit for several years and many of their customers are fed up being constantly badgered for more money or threats of walking away from contracts......have a close dispassionate look at the management team....

where the failure in thinking is that people accept the bogus mantra of outsourcing as gospel without taking into account the dynamics of the industry in which they want to invest. Most businesses that outsource work from the NHS are all privately owned, and the larger ones are VC backed...you need a lot more capital to run a business that is on a fixed contract with escalating costs...just look at what is happening to renal units that outsourced themselves from the NHS...only the consultants have made any money....and these are guaranteed patients every month, not like voacare whose patients are one-offs....i have not as yet seen vocare's working capital needs, but given they needed £7m (unpaid PAYE, creditors etc) to stay afloat, i would hazard that a large chunk of the remaining cash has been used or tied up....hence no share buyback even when they got authorisation....liquidity is becoming very tight in the real world right now.

[macthepak] 02/7/2018 16:56

Sure the physio thing has become more important for Totally PLC hence the fall in share price today!!

[sikhthetech] 02/7/2018 14:57

Somerset physios set up private community rehab service to bridge gap for patients on NHS waiting lists

[sikhthetech] 02/7/2018 14:56

Cottoner,

"⁦@TotallyPlc⁩ Wellness & Selfcare supported by physiotherapy just became even more important.
Totally plc supporting the NHS to provide proactive care and avoid ill health."

exactly... The NHS has been moving towards SDM, integrated care, caring for the person and not the one illness...

[spacedust] 02/7/2018 11:03

The never ending seller. Seller continues to sell and is dictating the price so must be selling huge amounts yet there is no holding rns. Very odd

[parob] 30/6/2018 14:40

The three year chart looks very similar to EVG. Long decline, double bottom and now we are just waiting for it to break out?

[cottoner] 30/6/2018 13:48

Tweet this morning by Wendy Lawrence.

@WendyLawTotally
Follow Follow @WendyLawTotally
More
NHS chiefs plan to cut back on unnecessary procedures
⁦@TotallyPlc⁩ Wellness & Selfcare supported by physiotherapy just became even more important.
Totally plc supporting the NHS to provide proactive care and avoid ill health.

[zebbo] 30/6/2018 11:06

If they can make the planned improvements (and we have seen evidence of that happening). Costs are under control and synergies made through being a turnkey service provider, the share price will climb fast. I'm looking forward to the next update.
As you say Deltrotter, nothing is priced in, so all to play for and thats what makes TLY a bargain.

I'm not even considering further contracts or contract extensions as part of my personal assessment

FYB

[deltrotter] 30/6/2018 07:58

Thanks longshanks. The report was a great read. We should see those improvements coming through over the next six months imo . Indeed it sounds like st Mary's has improved significantly already.

Note that the market has currently priced this share at the level of cash.

All acquisitions have been written off.

That is £25m worth.

[savagedstock] 29/6/2018 23:01

Thanks longshanks - interesting skim read thus far. one observation - there seems an awful lot of work to be done (at considerable expense) to get this company to where it says it wants to be. And then there is the cost of maintaining at that level. Will be very interesting to see what that is likely to cost....i am pretty sure that the 'city scribblers' have not factored that in yet. The biggest headaches are people (nay cheap), processes (read IT systems, again expensive) and culture change (time is the key variable...so there's a cost)....

should make for interesting results.....if they can convince that they are getting it right will be good news....

[longshanks] 29/6/2018 21:58

And here is the report posted by Vocare to the NHS on research undertaken into the quality of their service provision and action plans where appropriate:https://www.nhs.uk/Services/UserControls/UploadHandlers/MediaServerHandler.ashx?id=164313

[longshanks] 29/6/2018 21:51

This link shows Vocare is generally providing a good standard of care. There are a few services deemed in need of some improvement.https://www.cqc.org.uk/provider/1-199793496

[macthepak] 29/6/2018 12:56

What you guys need to do is concentrate on current info.

So instead of posting old links to old information, why not contact the relevant CCG's with which Vocare has contracts and get up to date information how Vocare are performing.

For example, there will be targets, are Vocare meeting these targets, what interim payments have been paid to Vocare, if Vocare have not met their targets have they had to be pay penalties, if they have exceeded their targets did they get bonus payments??

All this information can be obtained under the freedom of information for public bodies.

With this information you can judge for yourselves how Vocare are performing, or if it just another dudd?

[sikhthetech] 27/6/2018 16:23

mac, 1st link is Kingsfund's recent opinion on Integrated Care..

2nd and 3rd links are Wendy's interview for reasons for buying Vocare after they bought Vocare (Oct 2017)..


It's the latest interview by the company on Vocare...

If it's old news, can you post more up date links where TLY speak about Vocare...
If not then it's the most recent interview available...

[macthepak] 27/6/2018 16:18

First link is dated 20.02.18

Second and third link November 2017.

All this is old news, if there is no news then just pipe up!

[sikhthetech] 27/6/2018 12:47

Mac,
The videos are from a few months ago, just after they bought Vocare - when she was explaining their reasons for buying Vocare and Integrated Care...
If there are any newer PR videos/interviews regarding Vocare or any of TLY's other subsidiaries or if the NHS plans have changed then please let me know and I'll include them in the header...

[macthepak] 27/6/2018 12:10

Thats old vids sikhthetech

[sikhthetech] 26/6/2018 12:38

There are a couple of links to videos, interviews with Wendy, in the header... Let me know if there are any other links of interviews with Bob Holt or Wendy, which could be included in the header...



Integrated care systems (ICSs)



Wendy, CEO's interview:

[sikhthetech] 26/6/2018 12:34

cottoner, good about St Mary's..

[barvin] 26/6/2018 11:09

This really is good value at this price