Totally Share Discussion Threads

[sikhthetech] 07/6/2019 12:56

1gw,

Question is how much would you pay for a growing profitable company(£1.4m pre-tax on £33.4m revenue), operating in the lucrative London & SE area... a company which expands TLY's existing offering at a time when the NHS is rolling out the new IUC contracts????





£1.4m pre-tax profit on £33.4m revenue...




"For the year ended March 2018, Greenbrook generated GBP1.4 million in pretax profit on revenue of GBP33.4 million. Over the 15 months ended March 2018, Totally generated GBP2.1 million in pretax profit on revenue of GBP42.5 million."

[microscope] 07/6/2019 12:55

Correct, Graham, 11.5 million is the key number, of which 2.5 million is in consideration shares.

So actually 9 million is arguably the important number here.

Of the 9 million, nearly 8.7 million comes from the institutional bookbuild, and the 1 million placing.(asuming it is successful)

I was quoting from the official document, not from anyone on this board.

[1gw] 07/6/2019 12:43

grahamwales - how much will the Greenbrook sellers receive from Totally plc when they sell their company?

[1gw] 07/6/2019 12:13

"In addition, adjustment to the purchase price to reflect a normal level of working capital is expected to result in additional cash consideration payable of £4.5 million on Admission giving a total purchase price of £16.0 million."

[1gw] 07/6/2019 12:11

microscope - I think you read it in the post below didn't you?

----------------------------------
1gw 6 Jun '19 - 14:00 - 9144 of 9193 Edit 0 1 0
microscope - Consideration Shares and LTIP shares are 2 separate things. Consideration Shares are issued to the sellers of Greenbrook without vesting criteria. LTIP shares, or rather LTIP options are nil-cost options which vest over time and only if the share-price hurdles are met.

For the acquisition we have consideration of:
£9.0m cash
£2.5m shares (25m shares)
£4.5m to reflect excess cash in Greenbrook (normalising the wc)

£16m total

To incentivise and retain key management we have 10.5m nil-cost options with shareprice hurdle rates.

[microscope] 07/6/2019 11:39

To add one other piece of clarity to yesterday's 'discussion'

"The Consideration will be satisfied by the payment of GBP9.0 million in cash on Completion and as to the remaining GBP2.5 million by the issue of the Consideration Shares on Completion"

So the 'Consideration Shares' accounts for 2.5 million of the acquisition... Thought I'd read that somewhere! :)

[grahamwales] 07/6/2019 10:20

So does the FD but think she is taking up Bob's share. As for Wendy tight cow.

[nobbygnome] 07/6/2019 10:17

>> graham

I hope they are not all taken up as I want to oversubscribe massively!

[grahamwales] 07/6/2019 10:09

Something to read if im boring you.

[nobbygnome] 07/6/2019 10:08

Oh and the price is up again. Sorry for that as it must hurt you.

That 50k buy at 9.9p the day before yesterday is looking rather good! Watch and learn...

[grahamwales] 07/6/2019 10:08

11p getting closer, offer shares must be all but taken up.

[nobbygnome] 07/6/2019 10:07

>> 1gw

You are one sad individual! And I think a little obsessed with me.....

Just for the record, I made a lot of money trading the share on the way up to 80p. So taking those profits into account my average buy price is not that high. I am touched with your concern about me but you really don't need to worry. I am a more successful investor than you could ever contemplate; I retired very early as a result!

[grahamwales] 07/6/2019 09:42

Anyone notice the shares in issue has gone up? Im sure it was lower than the current figure shown on lse?

[grahamwales] 07/6/2019 09:35

jeez 1gw you have outdone yourself this time must have taken you a while to collate all of those. big fella you need to do better. think that's 23 in the last 24 hours for me now.

[grahamwales] 07/6/2019 08:54

Do you have any other hobbies apart from counting posts :-)

[grahamwales] 07/6/2019 08:51

Hello big fella what brings you here again.

[the big fella] 07/6/2019 08:49

"Don't waste your life of a BB" Says the man who has posted on this thread no less than 21 times since yesterday morning.

[grahamwales] 07/6/2019 08:37

If I look in the rear view mirror I see a car crash behind me, if I look in front I see a clear road with no traffic as they are all stuck behind the car crash :-)

[nobbygnome] 07/6/2019 08:33

Oh look, the price is up again. Like a dagger to the heart for old 1gw....