Totally Share Discussion Threads

[nobbygnome] 13/7/2018 10:10

And remind me how much SNG went up.....after I tipped it (thanks timbo)

[nobbygnome] 13/7/2018 10:09

>> che

Your point is? I was negative on N4P correctly as it happens....again. Yes I ended up with a few because I was momentum trading but overall I am comfortably in profit on N4P.

Just stop being a troll. You are better than that...

[che7win] 13/7/2018 10:06

Not to mention N4P this week.The list goes on, I hope no one has their portfolio heavily weighted to the healthcare sector.

[sikhthetech] 13/7/2018 09:57

Difference,

Have a look at RTHM as well... 500p to 190p within a year - guess who's on here??

[nobbygnome] 13/7/2018 09:53

>> difference

Hypocrisy is most definitely the word with regard to che......

[grahamwales] 13/7/2018 09:52

jd

As per my previous post.

As a further check, we compare our market capitalisation to the book value of our net assets. Currently the market capitalisation is below the book value of the net assets, but we consider as a board, that the market currently undervalues the Company due to the immaturity of the NHS outsourcing of these type of services and the transformation of the Group.

[jdunning] 13/7/2018 09:49

Can anyone confirm net assets valued at £27.5M our MCAP is half that wow.. am I missing something here?

[sikhthetech] 13/7/2018 09:45

Che7win...

They raised the £16.5m to buy companies as part of their stated, buy and build strategy...

They did EXACTLY what they said they would ..

They then used that money to buy Vocare - it wasn't free... at the time of the placing they were expecting to pay more than they did...

Those who took part in the placing knew exactly what the proceeds were for...





3. Background to and reasons for the Placing and Open Offer

"The Group has identified a strong pipeline of potential acquisitions in the UK outsourced healthcare sector. Of the identified pipeline, the Directors have a preferred list of four target companies although no formal approaches or negotiations have yet begun. The anticipated consideration for the pipeline of acquisitions identified by the Group ranges from GBP3 million to GBP15 million with the pipeline of acquisitions having revenue of up to GBP60 million."

"The Board considers it prudent to fund acquisitions principally from the proceeds of an equity issue and, accordingly, it is proposing to raise up to GBP18.0 million through the proposed Placing and Open Offer. The Directors believe that having the net cash proceeds of the Placing and Open Offer on the balance sheet of the Company ahead of any potential negotiations with potential vendors increases the credibility of the Group when approaching potential targets and strengthens the Group's negotiating position."

4. Use of proceeds
The Company has conditionally raised GBP17.0 million (before expenses) through the Placing and (subject to take up) up to a further GBP1.0 million (before expenses) under the Open Offer. The expenses for the Transaction are expected to be approximately GBP0.95 million.

The Company expects to use the net proceeds for the following purposes:

- up to GBP14.5 million to fund future acquisitions;
- up to GBP1.7 million to partially satisfy future deferred consideration payments payable in 2017;

- GBP0.75 million to provide further funding in relation to the Group's direct-to-consumer health coaching service and to expand the Group's B2C services; and

- the balance as general working capital.

[nobbygnome] 13/7/2018 09:40

>> che

You are a sad bitter troll who lost a fortune. You now follow me around out of spite. Please note that I do not do the same to you because I am a polite pleasant person. Yes I will point out your massive failure and hypocrisy when you troll me but I will not follow you around.

You are not stupid so please rethink this sad course you are pursuing.

[grahamwales] 13/7/2018 09:39

Of course they are generating cash, in December they had cash of £8 million. Prior to paying Vocare the £1 million they had £11 million. As they have not done a recent fund raise where do you think that cash came from?

[che7win] 13/7/2018 09:36

This business is not generating cash, I thought you guys were more forensic than that.I'll leave you guys to your group, but I'll be back when the sensitive types calm down a bit :-)

[grahamwales] 13/7/2018 09:33

Chewin

They are not burning cash they are paying for the acquisitions made.

[nobbygnome] 13/7/2018 09:32

Or funding a failed drug.....but che thinks that is a good idea. Or at least he did until he bailed out after encouraging lots of people to follow his lead. Disgraceful!

[grahamwales] 13/7/2018 09:31

Del yep in accounts, sounds like brokers have told them the reason for low m cap. Market needs to see more growth and sustained NHS contracts before we get back to last year share prices IMO.

[grahamwales] 13/7/2018 09:29

Chewin

You really need to keep up mate. What company on AIM doesn't need fund raising. The good thing is the fundraising is being done for cash generating acquisitions not drilling for non existent oil or gold.

[deltrotter] 13/7/2018 09:29

Found it in the results statement Graham...

[che7win] 13/7/2018 09:27

Think! I'm talking about the operating activities, not investment activities.The business is burning cash, not generating over this time period, that is the fact of the matter.Just which of these contracts are profitable?

[nobbygnome] 13/7/2018 09:21

>> che

Tell me how much IMM has raised and how much money they have made so far?

What a ridiculous argument. What is the stock market all about, if it is not for growing companies to raise money and develop their business. At least TLY are putting the funds to good work unlike the management from IMM who are blowing all the money they have raised. Yet you believed every word they told you.

[che7win] 13/7/2018 09:16

Graham, I think you may be missing the £16.5m cash they raised from shareholders over the time period.The business had £1m cash before this period, without the fund raising it would be insolvent.

[deltrotter] 13/7/2018 09:12

Where is that from Graham?

[grahamwales] 13/7/2018 09:11

As a further check, we compare our market capitalisation to the book value of our net assets. Currently the market capitalisation is below the book value of the net assets, but we consider as a board, that the market currently undervalues the Company due to the immaturity of the NHS outsourcing of these type of services and the transformation of the Group.

Matter of time for those that can wait.

[nobbygnome] 13/7/2018 09:07

>> che

LOL LOL Well you would know all about 'too much group think here, back slapping' with regard to IMM! The word hypocrite come to mind. Remind us how much you lost there after lots of 'group think' of buying islands etc.....and then abandoned ship after ramping it remorselessly even after the spectacularly disasterous phase III result. If I was you, I would be ashamed and embarrassed! LOL LOL

[deltrotter] 13/7/2018 09:04

Not sure it is that competitive jdunning..... but agree it is undervalued.

I am looking forward to seeing them announce some juicy big contracts in the coming months....