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TLY's insourcing division should do extremely well.
The govn has provided a £1bln recovery fund for England
Even if TLY insourcing division get 10% of that, it's £100m just for the Insourcing Division.
"Every Integrated Care System – groups of health and other agencies working together to deliver services – is being asked to draw up a plan to ensure all hospitals maximise their capacity to do as many non-urgent operations as possible."
Private companies may or not do better than the NHS. My issue is that they are both basically just treating symptoms, without drilling into what is actually causing those symptoms. Applying 'elastoplasts' to the symptoms will only ever provide short term relief. Addressing the problems without preventing the cause. More screening is what the NHS should be better at doing than private healthcare. The only screening that the private providers seem to be offering is if it is paid for privately, perhaps via referrals from the NHS to worried customers.
STTSBUMBAG..your comment on TLY is somewhat preposterous to say the least, After the encouraging recent RNS i would say your comments on TLY was malicious at best. Can you explain to us all why you say TLY and the likes are ripping off the NHS.? lol , if anything the NHS has ripped off successive government for more and more money due to their own inefficient services and a army of managers and pen pushers That my friend is precisely why they need help from the private sector and are getting it to give the public a much needed helping hand to give patients a better service.. Where the hell do you suppose they would be without that help. So where in gods name do you thing the NHS would be without them ? The NHS has struggled ever since conception in nineteen forty seven when it was launched. Every single nationalize companys have lost money,not just the NHS but railways , steel,cars etc you name it. so why do you suppose that a private company is worst? State run enterprises have always lost money ? Why ? because they all think the government has a bottomless pocket and get endless support ,unlike a private company of whom would have gone bust. Why do you think private companys were brought in ? ,because of this inefficiency that the NHS could not cope and still cant. So please don't tell us that they are ripping the NHS off because these private companys like TLY are giving good value for money and not wasting it, and it works well, in fact they are probably giving a bit to much value for money and not adding sufficient profit for what they do if anything I hope my little lecture has served you well and your understanding instead of your frivolous remarks just to try wind people up.
Is it getting a little uncomfortable for you now on this Board? As Fellow posters here with a "Moral Compass" are discovering about your conduct on other Boards and perhaps not engaging you as warmly as before?
You see, one can only get away with wrong doings to other investors on other Forums for as long as he is not exposed.
Please explain to posters here on TLY why you constantly pester and antagonize other investors on other Boards, where you yourself have said you hold NO Position in those shares?
Labour were in power for 13yrs from 1997 to 2010. Instead of reducing the role of private companies, they actually expanded their use.
Labour created the NHS with a provision for self employed doctors (private). Labour created NHS Direct, the predecessor to NHS 111. The Tories renamed it and expanded it. Labour wasted billions on Private Finance Initiatives.
thousands of NHS 999 staff/ambulance staff working as self-employed or contractors.
These private organisations claiming off the NHS: Hundreds of GPs run their practices as a business, often employing family members. Thousands of Locum doctors/agency nurses. Thousands of auxillary staff, cleaners, catering, laundry. Thousands of pharmacies run as independent, claiming off the NHS. Perhaps Boots should close down as it's not an NHS company???
hundreds of GPs/Nurses/caterers/Pharmacies are suppliers/providers to the NHS and NOT directly salaried by them.
Can you specify exactly which of these organisations/staff should be closed down and taken in-house??? Probably better if you do some research on the way the NHS was setup by Labour and how it has evolved over the years.
You are very naive to believe opposition parties, whoever they are. The NHS is the perfect 'football' to use to gain public support, until they gain power!!!
But in the recent weeks there has clearly been once again downward pressure on the SP.
The question is how much of this fall is contributed to Top Slicing/Profit taking and how much due to recent potential risks from new quarters such as the role of AI in NHS, was well as, as other concerns ( perceived or not) regarding, short term contracts and Government rethinking of NHS resourcing policy.
Yeah, I tend to agree... it's too soon to take a profit. I wouldn't work about growth either.... I'm confident most of the contracts renewed this year will be converted to ICS agreements with better terms and they'll be asked to bid on others too. Very likely towards the end of the year.
At the moment, I have no planned target to take a profit because I don't see the downside of holding for the mid term.
Just going back on the trading update , which is frustrating but a good one. Having invested nearly two years ago was looking to top slice at 42p which would give me free shares plus 3.5 x profit. The problem and yet as said a good one , cash flow has increased 4 fold in the last year and that's the problem. Based on this have now set my target at 60p to top slice , frustrating as wanted to invest part elsewhere. The additional problem is growth which has reduced in volume but main cause is Covid 19 , the main profit increased as the organisation has reduced management overheads and stream lined into three business and hence the directors resignations including managers. Anyway a nice problem to have
If you refer back to what was said under the last TLY share news dated on April 13th Tricky it all sounds very encouraging and it does indicate if you read it both turnover and revenue are ahead of expectations in comparison to 2020 which worked out at £4 million in profit so, what will the actual profit be from this ? next results when officially declared i wonder . maybe its 5/6 million if it is anywhere near thats a significant profit for a AIM company well its last results were also significant I believe this company growth is accelerating faster than we may think all in all . The board are not the sort for exaggerating so this is going to be interesting.
Huge revenue flow is all well and good, more contracts are a mixed feast, but how well are the bottom-line profits increasing lately? That is all that matters to investors at the end of the day. stt1 ridiculed the investors in Tremor saying they only managing a 12% increase.
hi Thordon ,...... thanks ,i have however found it. If you go to live RNS dated 13th April and also states that the trading year end is 30th march 21 so, i would guess that the official report will be around the end of may 21 for the figures and chairman statement.
Stt1, by his own repeated admissions has NOT had any position in TREMOR for over 4 years having sold up at a hefty loss back in 2016 !!
Here is a recent Quote from a Poster on ADVFN that just about sums up Stt1;
---------------------------------------------------------------------------------------------------------------------------- STT1, "Why not show some class like most posters who sell out of a stock and wish everyone else well and move on" -----------------------------------------------------------------------------------------------------------------------------------
Was that loss so bitter that you just can not let go after 5 years ?