Totally Share Discussion Threads

[sikhthetech] 18/2/2019 10:34

porky,

yes...
an organisation setup as a charity, converts to commercial entity only 2 yrs ago... sells a few months later... and then the charity founders sell only 4 months after their lock in period ends...

Seems credible that they were not in it to make money nor for the long term...

[porky8] 18/2/2019 10:26

When you need to sell .... You need to sell ....

[spacedust] 18/2/2019 10:22

They got mugged at 12.5p. They should have just sold 500k blocks now and then at much higher prices

[dave4545] 18/2/2019 10:18

:)) they did very well in byot recently doing similar

dave454515 Feb '19 - 13:29 - 7494 of 7556 Edit
0 1 1
I'd wager the Newlands have added more

[dave4545] 18/2/2019 10:13

Prices edging up, guess it's all about that 50k seller and have they more to dump to keep the price stuck at these levels

[football] 18/2/2019 10:09

Harrison's out, as expected... Why???



If they saw a bright future for the company surely they were held onto most of their stock and top sliced as the share price goes up

[sikhthetech] 18/2/2019 10:03

Harrison's out, as expected...
They were in a lock in period for 1st 12 months then on restricted selling terms....

They initially setup Vocare as a not-for-profit company.. They then converted that to a commercial organisation around 2 yrs ago. I think to sell the company...


TLY took over the company, upgraded CQC reviews to Good and are running the company as a commercial organisation..

Harrison's made their money when they sold the company to TLY...

The fact they were initially running it as a not-for-profit organisation suggests they were not in it to make money, either before or now.

They were expected to sell at some point...


The story hasn't changed....


"It was converted from a community benefit society to a private company limited by shares in December 2016."

[grahamwales] 18/2/2019 09:52

1gw if you were in Charlie’s chocolate factory you would be one of the bad eggs. Now you have sold out perhaps you should concentrate on pumping R1 again. :-). Looks like they need it.

[grahamwales] 18/2/2019 09:50

1gw. What about the institutions that have just bought in. Harrison’s took the opportunity to sell because institutions wanted some some in a growing business. They seemed to have a bad reputation with the ccg’s so the fact that they are no longer affiliated with Totally/Vocare is probably more positive than ii’s Buying their shares.

[the deacon] 18/2/2019 09:50

Prefect time for that buy back to kick off, now that the downward pressure had been removed.

[football] 18/2/2019 09:48

In theory it sounds like a good business plan taking the pressure of the NHS so they can do what they do best treating patients and leaving the admin side to someone else.
Only problem is the margins are so small here and with rising wage costs it would work in a call centre with all the unsociable hours when you can work in any Witherspoon's or Aldi and get 15 or 20% extra money above the living wage not the minimum wage for less stress?



Plus the three other questions which no one here wants to talk about


Why hasn't Bob the builder bought a single share when the share price has been on its knees?

Why announce a share buyback and not initiated unless you don't have the money any more?

And the elephant in the room why are all the institutions getting out at any cost regardless of how much money they will lose?

[1gw] 18/2/2019 09:35

But it wasn't drip drip, was it? And what about all the other institutions that have been selling but haven't sold out yet?

[deltrotter] 18/2/2019 09:34

Drip selling from the Harrisons?

[the deacon] 18/2/2019 09:33

I think the bigger point is that investors (some new, some existing - including institutions) recognise that this business is chronically undervalued. The main source of that undervaluation has been the drip drip selling from the Harrisons. Taking that out gives the company the chance to realise value for its shareholders. Todays news is extremely positive, and I really don't see how it can be taken as anything else!

[forsh] 18/2/2019 09:28

I guess that for ii's its only another holding in the portfolio but for the Harrisons these may well have been the only shares they held. The size is not huge for ii's who are either already showing a loss on their holdings are are new and are maybe just having a punt. Either way, for them that is all it can be - a small punt that won't really have any significance if it goes up or down.

[deltrotter] 18/2/2019 09:27

Stock getting tighter again....

[grahamwales] 18/2/2019 08:56

Would prefer ii’s to hold the shares than former owners of Vocare. They were never going to hold longer than they needed to. The new investors may even want to up their stake in future.

[the deacon] 18/2/2019 08:54

Yup, they wanted out for some time. This transaction announced has now sped up the process. We can bow move on without the constant downward pressure on the share price Bravo to the institutions etc that approached the Harrisons and managed to sort it.

[longshanks] 18/2/2019 08:51

No problem with you selling down 1gw.I think you are reading too much into the Harrison's selling out though. Their intent would appear to have been evident for some time and, I suspect, little to do with the performance or prospects for Vocare. An overhang has developed that will take a while to unwind but must surely now be a good short-term prospect.I wonder too if the Harrisons may have actually lent their shares out to support short-selling. If so, we could see some concerted buying as those positions are rebalanced in the weeks ahead.

[nobbygnome] 18/2/2019 08:48

>> 1gw

There has been a long term overhang in this share. The Harrison brothers selling and the shares being taken up by new and existing IIs could be the end of that. Only time will tell but I see a lot more positives than negatives in the current situation.

I would be buying if I wasn't already overweight in this company...

[barvin] 18/2/2019 08:47

It has been known the Harrison's wanted to sell for at least 6-8 months. So good that Totally didn't wack under a.mill at scooping them up.But as they would be very knowledgeable about their own business they sold, you do have to ask why at such a clear out price?

[grahamwales] 18/2/2019 08:43

God help us then you were bad enough when you held shares now that you have sold we can expect even more doom and gloom from you

[the deacon] 18/2/2019 08:43

Think you need a nice cup of strong coffee and read the RNS again fella...

[1gw] 18/2/2019 08:40

When the facts change, I reconsider my position nobby. And the Harrisons dumping at this price counts as a significant change to me.

But I'm not out, just reduced.

[dave4545] 18/2/2019 08:39

13.73p offer now online