Totally Share Discussion Threads

[dave4545] 11/7/2018 09:46

TBF

You made great money on this before but you are ready to stick the boot in after you sell out. You could have just said nothing and moved on. That to me suggests you want others to sell so you can buyback cheaper.

[deltrotter] 11/7/2018 09:45

Fair play TBF.

I am holding and adding. My eye is on the future with this one (and that is still relatively close).

[the big fella] 11/7/2018 09:45

Nope, why would i.

[dave4545] 11/7/2018 09:41

TBF

Funny you did not voice those concerns when the price was soaring yesterday morning
and you held :-))

[the big fella] 11/7/2018 09:33

Just for the record I am out. The reasons for this decision:
I only originally bought as a short term trade for the Miton bounce, that came and went in a flash. I did manage to make a tidy profit but was left with 90k shs that were soon under water. Having bought an additional 100k as 21.3p when the opportunity came to offload all between 23. – 24p yesterday to make a small profit I was happy to do so.
The bull case has been posted time and time again on here. However, I do not like the state of the balance sheet one bit, and when I see so many going concern disclaimers at the bottom of results it always makes me nervous. The margins appear to be wafer thin. So by cherry picking they have managed to improve these slightly. But healthcare budgets are constantly being squeezed, so this could easily go the other way.
I also don’t like the short term nature of the contracts. You keep having to renew them just to stand still.
And one final point when something generally seems too good to be true (as everyone posting on here would have all to believe) it generally is.
There are some good posters on this thread who more often than not call these things right. So I wish you good fortune.

[dave4545] 11/7/2018 09:31

23.05-23.5p online

Does not matter how much of a bargain a stock is others will still sell, they cannot bare to hold a stock that is drifting down.

Great price for anybody not in this one yet, could even go a fraction cheaper

[deltrotter] 11/7/2018 09:05

Looks like someone has with the 25k.

[jdunning] 11/7/2018 08:50

Nice tempted to top up myself

[parob] 11/7/2018 08:30

The last 20K and 16572 are mine. Pleased to get them under 24p!

[nobbygnome] 11/7/2018 08:16

The 20k at 24p was me....

[jdunning] 11/7/2018 08:01

Big 200k trade was that part of the buy back I wonder

[nobbygnome] 11/7/2018 06:40

>> parob

So that would be 7 fold up from here 😳.....

[parob] 11/7/2018 06:32

In April last year during an interview Bob Holt said he was targeting a £100 million company by the end of the year. That didn't happen but following the successful acquisition of Vocare, and the fact the business is now profitable a market cap of that size is achievable imv. Also, didn't yesterday's results make TLY a more attractive takeover target?

[cottoner] 11/7/2018 06:28

Also mentioned in the Times market Report

'Shares in Totally, the out-of-hospital healthcare provider, rose almost 16 per cent to just over 24p after it reported a swing to annual profit and a revenue boost from its recent acquisition of Vocare, one of the largest providers of urgent care.'

[cottoner] 11/7/2018 06:24

Highlighted in the Daily Mail's Market Report

'UK healthcare company Totally, which provides out-of-hospital services such as physiotherapy, the NHS non-emergency 111 line and coaching for those with long-term illnesses, has grown dramatically over the last year.

Yesterday it said revenue for the 15 months ending in March had climbed to £42.5million – up from just £4million in the whole of 2016.

The health and social care regulator has lifted its rating for several of Totally's services, helping shares rise 15.9 per cent, or 3.3p, to 24.1p.'

[nobbygnome] 11/7/2018 06:16

Great to see the positivity! I have been saying for ages that this is the most ridiculously undervalued company I have ever seen and on AIM that is really saying something. The price could double or treble and it would still look undervalued. It might take a while but this will multibag IMHO. I got stick from a certain poster called che after I said that about 6 weeks ago; I was just ahead of the game. Nevertheless this means I have built an enormous position by my standards and if it happens like I expect, this company will transform my future.

Happy days!

Nobby

[sikhthetech] 10/7/2018 22:39

Porky,

"Recovery play of the year"...


Solid Foundation being set... next update hopefully will confirm it's still going well... then it will be recovery play of the decade...

[sikhthetech] 10/7/2018 22:37

Agree... and with cash of £10.2m.. Mcap of around £14m... I think now is probably a good time for a buy back...


Ideally transferring the shares in Treasury rather than cancelling them, although they have said they intend to cancel....

If shares are transferred into Treasury then I think this will show that they are more confident for the future... IF the share price performs well then when they are ready for their next acquisition, sell them...


"The Company may either cancel any Ordinary Shares it purchases under the authority granted by the Resolution or transfer them into treasury (and subsequently sell or transfer them out of treasury or cancel them). The Directors currently intend to cancel all shares purchased under the authority granted by the Resolution."

[porky8] 10/7/2018 22:31

Recovery play of the year ....... All systems go ...... On all fronts ......

[zebbo] 10/7/2018 22:22

Buyback is a no brainer

Takes cheap shares out of circulation
Increases EPS and future EPS gearing
Drives up SP
With increased share price TLY can raise fresh equity at higher price having already bought back and cancelled at a lowly SP
Puts cash to work
Enables future deals to conclude through the issuance of more valued paper if they choose to do so.

The list goes on

However we are not close to TLYs plans, so who knows how they are going to play it

[sikhthetech] 10/7/2018 21:10

Jd,

"Which RNS announced the buy back? "







"The minimum price (excluding expenses) which may be paid for each ordinary share is 10 pence.
The maximum price (excluding expenses) which may be paid for each ordinary share is the higher of:
(i) 105 per cent. of the average market value of an ordinary share in the Company for the five business days prior to the day the purchase is made; and
(ii) the value of an ordinary share calculated on the basis of the higher of the price quoted for:
(a) the last independent trade of; and
(b) the highest current independent bid for,
any number of the Company's ordinary shares on the trading venue where the
purchase is carried out. "

[parob] 10/7/2018 21:02

Don't want to use the term "no brainier" but the more I look into this, the more I'm convinced the current market cap isn't going to be around for long. Despite the rise today it still feels like the price is being held back - increased volume will take any seller out then I will be looking for a quick re-rate to a more sensible market cap, perhaps £40/50 million?Whichever distressed seller has driven the share price down to this level has provided a gift for those who are patient to hang on for 6 months or so imo. Many have been waiting on the results before making a call, and even those who were more cautious have been pleasantly surprised. I'm in for more tomorrow. I have learned not to hold back if the gut feeling is right otherwise you just regret it. I don't want to look back at the chart and think I missed such an obvious opportunity, especially as we climb from a double bottom.

[dave4545] 10/7/2018 19:58

jdunning

Well spotted :-))

I was taken by surprise at that too so was half expecting a Rns later on today saying they had bought some stock. I thought for a while they were buying 25k blocks, perhaps they were and will announce it tomorrow. Mad 1 million of buys will cost under £250k or 2.5% of their cash pile so it's not asking too much.

[jdunning] 10/7/2018 19:50

Which RNS announced the buy back? Was interesting on twitter, Wendy the CEO liked a twitter post suggesting buy back would start after closed period

[parob] 10/7/2018 19:45

Come on Bob and Wendy, commence the buy back! That would get the party started.