Totally Share Discussion Threads

[spursspurs] 05/11/2018 08:24

would only let me get 5000 at 18.5 cant get any at 19.2, can sell 100000 at 18.77 , will be going up soon :)

[macthepak] 05/11/2018 08:23

I just check the buy price with my online broker there asking 19.2p as buy

[grahamwales] 05/11/2018 08:23

Traders always sell on news. Canaccord can now introduce their clients :-)

[microscope] 05/11/2018 08:22

'Penny profit brigade' taking their leave I think Nobby and in the long run we are probably better off without them!Cash outflow almost level despite up to a million spent on Vocare. That's actually rather impressive imho!

[nobbygnome] 05/11/2018 08:22

Managed to get 50k by spreadbet at 18.5p. Loads of ammunition ready if there is further weakness.....

[macthepak] 05/11/2018 08:19

Great results and news, which means the share price should be going down, which is always the case when there is good news about TLY.

Oh guess what it is going down.

That is consistency for you.

[nobbygnome] 05/11/2018 08:17

A false market. No online quote to buy....

[football] 05/11/2018 08:16

Is that six months cash burn 1.2 million and if so that's 2 1/2 million a year that 9 million in the bank won't last long will it

[football] 05/11/2018 08:14

Good old techie ramping the share up first thing so he can place a short just before the share price starts to fall again does it every time

[grahamwales] 05/11/2018 08:14

Wonder if Bob or Wendy will do proactive interview to follow up.

[football] 05/11/2018 08:13

Cash burn 1.2 mill in six months and a loss of over three quarter million pound? They say some shares are not for widows and orphans and other shares are for mugs only wonder which one this falls into


Financial Overview

-- Group turnover of GBP40,164,000 (Six months to 30 September 2017: GBP3,530,000)
-- Gross profit of GBP5,689,000 (Six months to 30 September 2017: GBP1,058,000)
-- Cash at Bank of GBP9,002,000 (31 March 2018: GBP10,224,000)
-- EBITDA profit before exceptional items GBP95,000 (Six months to 30 September 2017: EBITDA loss GBP804,000)

-- EBITDA profit including exceptional items GBP1,007,000 (Six months to 30 September 2017: EBITDA loss GBP784,000)

[duxy786] 05/11/2018 08:11

Group turnover of £40,164,000 (Six months to 30 September 2017: £3,530,000)·      Gross profit of £5,689,000 (Six months to 30 September 2017: £1,058,000)·      Cash at Bank of £9,002,000 (31 March 2018: £10,224,000)Figure look very promising. Will be looking to add.

[microscope] 05/11/2018 08:09

Good point about exceptional investment Barvin. Hopefully we will get some positive broker comments over the next day or two, and maybe something like Shares Mag or IC later in the week.

[sikhthetech] 05/11/2018 08:07

Good to see About Health renewing all their contracts and gaining new ones...

" About Health has renewed all of its contracts as well as adding new business to its portfolio"

[barvin] 05/11/2018 07:57

It's a good interim statement. We new about the exceptional cost of investment. Cash outflow is fine at under £1k with plenty of cash in the bank.This is so cheap, let's hope the re-rating starts today.

[nobbygnome] 05/11/2018 07:56

All 5MMs open already are on the 20p bid! Will definitely be up at the open.

[sikhthetech] 05/11/2018 07:54

TLY continues to move ahead with their stated strategy...

The IUC requirements are relatively new, so look forward to NHS England rolling it out, which should present TLY more opportunities in the future.. There are over 200 CCGs and Vocare currently have contracts with around 10%...


As BH commented..

"with the release of the new Integrated Urgent Care requirements by NHS England, offers a significant opportunity for the Group."

[grahamwales] 05/11/2018 07:49

Is that £1 million the Vocare amount?

[microscope] 05/11/2018 07:49

The swing to ebitda profit from a substantial loss for the equivalent six month period last year is very positive, and while acquisition repayments have inevitably risen, as was pre-known, they will mostly only be paid if future profit targets are met, so it is in effect a self-balancing mechanism imho and therefore not a cause for concern. While work remains to be done on the net asset base, the foundations have been successfully put in place I think for a re-rating.Good to see margins are strong across the group - they are even confident enough to hint at more acquisitions - and that turnover was in line with forecasts. Vocare has transformed the company's prospects imho and with 9 million quid, and the potentially juicy contracts others have referred to, possible, (it's definitely time to drop the "H" word ;) I personally cannot see how this is other than undervalued.

[1gw] 05/11/2018 07:46

Initial reaction is the balance sheet has got worse. I am finding it difficult to reconcile those results with the "cash generation continued to be strong" statement in the TU.

Net current liabilities have increased from £1.9m at 31st March to £4.6m at 30th September. That includes £2.0m of deferred consideration moving from non-current to current.

No noticeable unwind of the working capital position. Trade and other payables up by about £0.9m, trade and other receivables up by £1.0m. Edit: that is for the current section of the balance sheet, although there is a reduction of £1.1m in the non-current trade & other payables.

Having just written back £6.5m of contingent consideration in the full year results, they've written back a further £1.0m in these results. That suggests continued underperformance (vs expectations) of About Health and/or Premier Physical Healthcare.

[Edit: very quick review this morning, so may contain errors.]

[longshanks] 05/11/2018 07:23

Looks to me like they are running at (or close to) cash break-even which is very encouraging.They certainly seem to be building a sustainable enterprise that can continue to grow and integrate other health care acquisitions.

[grahamwales] 05/11/2018 07:23

First glance as expected, nothing scary but nothing exciting. Lets see if the BOD put their money where their mouth is and buy some shares now they are out of the close period.

[nobbygnome] 05/11/2018 07:21

Yes still work to do but looking ever more undervalued IMHO. I still think the winning of some of the IUC contracts which is hinted at in the report will be the real catalyst for a rerating.

[hybrasil] 05/11/2018 07:16

Well?
What do you all think?
Very much a work in progress I would have thought
Turnover annualised looks in the £80m range so if they can get this to profitability it is way undervalued

[ttreb] 04/11/2018 23:38

maybe, but not at 60p gwahem LOL LOL LOL.