The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Seaview
That's the mental part isn't it, running a bagger and it's no where near placing or fair value for a slice of £4.5B worth of Digital Infrastructure!
0.6p in old money, still below the placing price.
Good luck!
Well done Earl fabulous rally for FDBK and STG this afternoon both finished in the top 5 risers by the looks of it .....both should also open strong too tomorrow.
Well done to you and all and great to see you gain a big rise in price
Hope the digital cash is ring-fenced. 11bn needed for building repairs.
Bagger for me at 120p
GLA
Bought another 4500 at 1.20. Getting my confidence back ….
I follow this Co and Hunt said only 4 hospitals would get digital funding initially. If I heard correctly? That could take years. Feedback have more chance of revenue from India in my view. It would be a huge benefit to monitoring TB. A killer disease.
200p short term target a real possibility now.
Massive money and opportunity here.
Sat very pretty with the best tech around.
Quote Jeremy Hunt re NHS productivity Plan:
“Making changes on the scale we need is not cheap. The investment needed to modernise NHS IT systems so they are as good as the best in the world costs £3.4bn.
“But it helps unlock £35bn of savings, 10 times that amount. So in today’s Budget for long-term growth, I have decided to fund the NHS productivity plan in full.”
I imagine hats are being thrown in the air this afternoon @ Feedback Towers. This sounds incredibly positive.
“We will fund improvements to help doctors read MRI and CT scans more accurately and quickly, speeding up results for 130,000 patients every year and saving thousands of lives”
Read that carefully. Does that not sound remarkably like a more efficient clinical communications system? ;). You know, the one that has provided independent evidence that it could be saving the NHS millions?
From BBC News:
Hunt addresses funding of the NHS, announcing the government will fund the service's multi-billion "productivity plan" in full.
The chancellor says the systems that support doctors and nurses are often antiquated, with staff spending hours every day filling out forms.
"The investment needed to modernise NHS IT systems will cost £3.4bn - but will unlock £35bn of savings.
"And as a result of this funding, all hospitals will use electronic patient records, making the NHS the largest digitally integrated healthcare system in the world," he adds.
Maybe the reason for the spike. And looks like it is set to continue. I hope Tom can throw further detail at us on the implications. Looks like it’s happening chaps !
Investment of 3 .5 bn in nhs development and a focus on investment that pays for itself. Mention of digitisation and mention of national EPRs All looking good.
Long Term Public Service Productiviity....NHS to become the most digitally integrated health system in the world .
Surely we will get some of this?
The budget confirms digital expansion in the NHS
Elartu,
We need to bear in mind Jimbos delicate constitution...
I'd imagine it's a marketing person reading a headline and writing some promotional blurb that then gets checked.
They get shouted at and it's taken down.
Vascular, I don't know the relevence of the find. I just pointed out to everyone on this board what I found on the Studiomade website. I don't know how long the reference to '40' CDC sites was on their website but the search engine I used only picked up on it a week or so ago. It's a gamble. Maybe Studiomade took the reference down because it was plain wrong. Maybe they took it down because someone high in Feedback plc asked them to because it has not yet been released as news yet. Take your pick. I try not to pump a share but I feel confident about Feedback so maybe my positivity is just a bit much for other posters. I can take a break from posting here if you and others think it would be beneficial.
Are you not sure its an old quote from 2021/2 .
probably the one that got me all excited.
Hope its not, but best to acknowledge.
https://www.gov.uk/government/news/40-community-diagnostic-centres-launching-across-england
Couple or three things that concern me:
If this doubles on some good news and then there is a lull - this will slip back down. The problem then is a placing will rear its ugly head and who wants dilution at a cheap price? Unless there is some twisted agenda with current major holders?
If you have a couple of million in revenue coming in plus contract promises surely it would be
beneficial to obtain a line of credit instead ?
I understand people who are positive and negative but there seems to be a few ultra-rampers on this board with no clue how their words are digested by those of us with half a brain - and find it repulsive. Coconut dreams and sandy beaches are for the birds.
I’m done.
...and £25 million annual recurring revenue is at least £20 million profit. '40' is very significant.
Can't wait to see what P/E ratio the market attaches to that amount.
Elartu yes I also noticed this whilst researching. I guess my first question is where did they get the number 40 from? Surely it wasn’t a random number plucked out of the air. Did they make it up? I think the answer is I doubt it. Was it a genuine mistake? Possibly. If it was a mistake, it’s rather a glaring one because as we know that number carries a huge amount of financial significance for feedback. Roughly, £25 million ARR worth of significance!
I guess all will become clear in due course.
On 29th February, Studiomade, the Bleepa website provider had the following posted on their webpage: "Feedback Medical is also involved in supporting and delivering 40 community diagnostic centres (CDCs) across England." I posted that quote on here that same day but it has now disappeared from the Studiomade site and been replaced with the somewhat more bland "Feedback Medical is also involved in supporting and delivering patient pathways for community diagnostic centres (CDCs) across England."
It suggests to me that the '40' previously mentioned had a certain weight and disappeared because it was a truth not to be revealed quite so soon.
Either that or I am delusional and you should ignore me.
Listening back to the questions posed at the Investor Meet Presentation, one of the questions I asked was how many CDCs are Feedback in discussion with?
Anesh states that they are ACTIVELY in discussion with between 5 and 10,CDCs, but then Tom goes on to say that NHS England bought together a webinar of CDC sites for Feedback to present the APPG report to and pitch Bleepa as a solution. This involved 20 CDCs which were interested in pursuing a Pathway approach, but of those, only 2 were able to take up the pilot schemes because of the technical capabilities and the stage of their build, and these were Amersham and Oxford. However he said most of the CDCs were due to complete within THIS financial year so should be operational in the summer, so about 60 CDCs coming online in that timeframe, and Feedback are in communication with all of those.
All very exciting in my view, the potential for numerous contracts in the near term is eye watering.........
Ian12, they stated consolidation would:
increase the Company's share price proportionately which MAY consequently positively impact the liquidity of and trading activity in the Company's shares; (no it hasn't)
· provide the basis for a potential narrowing of the bid and offer spread in the Company's shares; (low liquidity=wide spreads)
· provide the basis for enhanced perception of the Company and its prospects, improving its marketability to a wider investor group. (Hmm, most shares in sticky hands, not sure this has had any effect)