We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hi Hawklord,
The market makers will obviously lift the share price on Monday way above 66p (as suggested by Midas), however IHC shares rose to around 76p ask / 72p bid on 6th October on H1 results, so actually you may still pick up a bargain.
H1 showed revenue up 77% (like for like revenue up 25%
Operating profit up 122% to £1.1m
(before exceptionals including purchase of SLE Ltd and fundraise - op profits were up 277% to £2.1M)
£5m cash
Gross margins up from 46.8% to 51.4%
One off ventilators sold in H1 £2.9m. H2 have sold £4.4m ventilators confirmed
Profit after tax H1 £0.8m, up 95% v last year H1
Maiden dividend launched of 0.2p/share
Profitable company selling medical equipment during pandemic - what's not to like?
Good luck with whatever you decide.
Rich
Hmmmmm interesting.I’ll be watching this on Monday morning but a 6.25% spread is a bit off putting. GLA.
Nice timing on your buy on Friday
Well done!
Rich
Fabulous - its about time IHC got some decent media coverage.
I can't see any of the Daily Mail's loyal readership buying these at 66p though
The MMs will lift the open price massively on Monday morning - they love swinging the price around on here
Rich
Https://www.thisismoney.co.uk/money/investing/article-8850321/MIDAS-SHARE-TIPS-Help-save-babies-Inspiration.html
Conclusion:
"Over the next five to seven years, Campbell is keen to triple sales to at least £100million, drive profits forward and increase dividends. He is resolutely focused on patient care too, doing everything possible to improve the lives of newborn babies and their families.
The company is exploring new products and expects sales to grow rapidly, following the SLE acquisition. Efficiency should be improved too, through economies of scale.
Midas verdict: Campbell has a simple philosophy – that good businesses should be growing, profitable and generating cash. They should then reward the shareholders who took the risk of investing in them. Inspiration ticks all these boxes. It also helps some of the most vulnerable children in the world and has played a key role in combating Covid-19. At 66p, the shares are a buy."
I just added another £4k at just under 68p. No brainer to buy at these price levels.
This is a great little company in a niche position and is growing fast. It is imo "ripe for pluckin". Stay with it.
Hahahahaha less than £30k shares traded in 3 hours (buys and sells) and MMs drop the share price by over 7%
AIM joke time.
BUYING OPPORTUNITY for those who can see beyond the short term madness
Rich
Yes the shake has been a bit extreme now, 64.4p to buy. I suspect some will be buying into that drop...
Well what a difference a few days make - lots of big buys at near 70p over last couple of days, then someone (II presumably?) sells at 69.5p to match buys.
Buyers dry up today, so market makers drop bid hard to 64p and some (presumably PIs) sh*t their pants and let the MMs steal their valuable shares off them at below the placing price of 65p.
The madness of markets!!
200,000 shares just bought / sold at 68p after close at 1640 (not UT). I hope that the big seller is out now - Premier Miton top slicing??????
I might be wrong, but it looks that there is a II seller at 69.5p - buyers paying just below 70p are matched by late declared sellers over last couple of days. Be nice when these are cleared up.
Regardless as you say, there's some chunky buys
Rich
Into the close as well....
Cheers - here's a direct link:
Https://www.proactiveinvestors.co.uk/companies/news/931100/inspiration-healthcare-group-says-maiden-dividend-is-due-to--company-reaching-its-maturity--931100.html
Good to see the CEO emphasising the organic growth - i.e the ventilator sales were simply a very nice bonus - and that the maiden dividend is sustainable from the core business. The outlook is also extremely confident.
tinyurl.com/yyjpd9lg
Neil Campbell presents well enough and comes across OK. Sounds an interesting company!
Here's Investor's Champion's verdict on the reults - "good value"...
"Inspiration Health: inspiring results
Global medical device company, Inspiration Healthcare Group (LON: IHC), announced excellent interim results for the six months ended 31 July 2020 as it benefited from the NHS’ rapid requirement for ventilators.
Group revenue rose 77% to £14.2m and was 25% higher excluding the impact of acquisitions.
Adjusted operating profit was up 122% to £1.1m with the net operating cash inflow £2.2m helping to lift period end cash position to £5.2m, which supports a maiden interim dividend
The Group sourced over 500 adult ventilators delivering £7.3m of 'one time' revenue, of which £2.9m was in the first half year.
The big news at the end of the period was the acquisition of S.L.E for a total consideration of £18.0m. S.L.E. is a leader in the design and manufacture of ventilators for neonatal intensive care, with management hoping it is a major step on their journey to become a world leader in Neonatal Intensive Care.
Management now expects full year results to materially exceed market expectations.
House broker forecasts for the full year ending January 2022, including a full year from S.L.E, are for revenue of £40.6m (+15%), and earnings per share of 4.7p. At the current share price of 69p this results in a 1 year earnings multiple of only 14.7x – good value compared to many others!
The shares rose 11% on the news lifting the market capitalisation to c£47m."
Nice big mention in this morning's market report in the Daily Mail:
https://www.thisismoney.co.uk/money/markets/article-8812545/MARKET-REPORT-Virgin-Money-soars-7-400-staff-face-axe.html
"Inspiration Healthcare Group was cheered by investors for declaring its first dividend.
The move came after the company, which has been supplying ventilators to the NHS during the Covid-19 crisis, said revenues had jumped from £8.1million to £14.2million in the six months to July 31.
Its profits also rose from £483,000 to £1.1million during the period.
Inspiration declared an initial divi of 0.2p per share – worth £136,000 overall – for the first half, payable on December 29. Shares climbed by 4 per cent, or 2.5p, to 64.5p."
The 62p trades were "buys" in my opinion. Right down the middle between bid and ask - this smacks of institute buying at a fixed price.
Today there seemed to be quite a lot of 10,000 share blocks sold - this is likely to be a Fund, selling into the price rise.
I can't see any fund selling though below 65p which was the fundraiser price to buy LSE Ltd.
Hoping that the 10% traders will be out now for a while and fresh money will buy into IHC on today's news - particularly if we get some broker upgrades or coverage in financial press.
Sorry just realised they were from yesterday...
The sells at 62p are below the recent placing price, so if it is Miton they are not selling for a quick profit.
Is how low will they go, are they looking to sell all their shares and will another insti buy them from them sooner than later?
Plenty happening with the company so I guess volume will pick up sooner than later.
What a great time to be building a stake in this company. Worth a lot more basked on the RNS today and more to come. Miton is really giving them away here, I hope we get an updated holding RNS to confirm they have been selling today.
Buying opportunity created presumably by Miton taking some profit and selling into the rise