Totally Share Discussion Threads

[sikhthetech] 10/10/2018 21:27

SB50,

"As you do more and more business with the NHS whose financial year runs April to March, you might find it sensible to align your year end with theirs as most of the NHS contracts run on NHS financial years."


That was exactly why the accounting reference period was changed.



The rns stating the change in accounting year end:

"This change will align the Group's accounting reference period with that of Vocare and the NHS and will allow comparability of Group reporting across future periods.""

[sb50] 10/10/2018 17:53

There is another possible reason to change result dates. As you do more and more business with the NHS whose financial year runs April to March, you might find it sensible to align your year end with theirs as most of the NHS contracts run on NHS financial years.

Just a thought.

[football] 10/10/2018 07:45

who could be next to be stripped of contract?




NHS waste scandal: Handler stripped of contracts

Health Minister Stephen Barclay said new arrangements have been made to replace the service by Healthcare Environmental Services (HES).














anyone?????

[football] 09/10/2018 12:04

The only reason you change results dates is to hide bad news it's all smoke and mirrors here remember short to 0

[hybrasil] 09/10/2018 11:07

I completely missed them. Hows that for an astute investor!!!

Very hard to see why the market rates therm so lowly based on those results and the cash position

[microscope] 08/10/2018 15:47

They were announced in July, hybrasil!

"...- publication of audited accounts for the 15 month period to 31 March 2018 by 30 September 2018. This financial information will include the impact of the Acquisition in the period from the date of completion of the transaction; and

-- publication of unaudited interim accounts for the six months ended 30 September 2018 by 31 December 2018."

[hybrasil] 08/10/2018 15:33

Why are the results not out?

See the RNS when they changed their accounting year end. We were to have had the results by the end of September?

[nobbygnome] 08/10/2018 13:57

As I have said before the news which will really get the price going IMHO is the winning of one or more large IUC contracts which should be imminent. So after today’s rise, tomorrow would be a good day for that announcement 😉

[grahamwales] 08/10/2018 13:21

Not sure he had done much research though lol

[barvin] 08/10/2018 12:59

Nice little review by Justin

[grahamwales] 08/10/2018 12:19

Mac

Only one thing smells fishy and that's fish, nope I tell a lie there's 2 but can't say the other thing lol

[hvs] 08/10/2018 09:11

The NHS is like a super tanker; nothing will change quickly whoever is in power.

And full of FRAUD

[nobbygnome] 08/10/2018 09:03

The NHS is like a super tanker; nothing will change quickly whoever is in power. As I said before can you imagine the NHS having the necessary infrastructure and people in place to suddenly take back the 111 services. It just ain't going to happen any time soon if ever.

[barvin] 08/10/2018 09:00

The NHS outsource because it is cheaper and more efficient for them. I am sure it is Labour rhetoric anyway - another potential broken promise. There are contracts in place anyway.Plus we have a Conservative government till 2022 :-)

[nobbygnome] 08/10/2018 08:39

Very fair summary of the business. He keeps on saying it has a 'crazy valuation'. I think I (and others here) have been saying that for quite a while...

Thanks for the link zho.

[sikhthetech] 08/10/2018 08:34

The Deacon,

"Big concern for TLY would be the prospect of a Corbyn-led Labour government in the near future. Would probably mean game over."


Whilst any change in incoming government would result in some changes to NHS, I don't think any government will make wholesale changes to the NHS...
The NHS is dependent on private companies...

Labour created NHS Direct, presumably because they also believed there was a need to divert non urgent cases away from A&E..

Nhs direct..



There are thousands of private companies (and employees) dependent on the NHS directly or indirectly..
No government would survive if thousands of employees ended up unemployed and the NHS collapsed...

Who would supply agency staff or locums to NHS? Who would supply the IT systems to NHS? Who would supply Ambulance staff?

[macthepak] 08/10/2018 08:28

Why is the share price going up?

They could not have won a contract otherwise the share price would have gone down.

Something smells fishy?

Where is the pump and dump squad?

[zho] 08/10/2018 08:12

Morning Nobby,

Justin Waite (Vox Markets) did a pod cast on TLY over the weekend. The link is posted above.

Edit - here it is -

[daar] 08/10/2018 08:12

He's the one who does podcast for Vox Markets

[daar] 08/10/2018 08:12

Apologies didn't mean to reply to you

[nobbygnome] 08/10/2018 08:10

Who is 'Justin the clown'? Was there a tip over the weekend?

[porky8] 08/10/2018 08:06

3 to 5 year contracts .... Big compensation payouts ...... Across the board .....