Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Cheap shares gone..will move quickly this one as too tightly held
More help to the NHS
Gone quiet again in here...
Days high paid.. 6 trades all buys...nonone else talking in here as per usual apart from me
Year-end cash plus investments (short term deposits), at £7.3m (2018: cash of £5.6m) and no debt1
· Current cash of £6.2m
No debt...cash in bank...products in major hospitals including covid 19 training simulations and still only 10p...other stocks shut down rising but this one so undervalued
On 3 trades...gone to NT to buy...very tightly held and will move fast on another buy
Revenue from simulation sales grew 11% to £5.9m (2018: £5.3m) plus CoVID 19 training package...should boom again with volume
Results due tomorrow but lung training images uploaded for free to assist in training for current covid19 crisis..more good publicity
Intelligent Ultrasound Group plc (AIM: MED), the ultrasound artificial intelligence (AI) software and simulation company, is updating the market on the potential impact of the COVID-19 virus on its business and the launch of a COVID-19 training module for our BodyWorks ultrasound simulator, that was made available free to existing hospital users yesterday.
Ultrasound has major utility for the management of respiratory related COVID-19 disease due to its safety, repeatability, absence of radiation, low cost, ease of disinfection and point of care use. This new training simulator, as well as the free COVID-19 upgrade training module for all our existing BodyWorks customers, includes a number of examples of lung ultrasound appearances typical of COVID-19 infection to enable clinical staff to practice and train in the use of lung ultrasound. The module was made available to the market yesterday and is already in use in the UK and USA. We hope this initiative will help with the training of healthcare professionals working in the front line of this global emergency.
The recent spread of the COVID-19 virus and the resultant downturn in global business are well documented and impacting all regions in which the Group operates. There is also considerable uncertainty over the likely duration of the disruption. Consequently, to counter the short term slow-down in global simulator sales, we have implemented a number of cost-saving measures that will enable the Group's EBITDA in FY2020 to remain broadly in line with expectations. The outlook for the medium and long term remains unchanged, with the Group expected to have sufficient funds to continue its simulation and AI business activities well into 2021, when the revenues from its first AI software licence agreement are expected to be generated.
We have implemented a work at home policy for the vast majority of our staff and the research and development team remains focussed on developing new AI software models for new variants of ScanNav, that can be accelerated to market once the pandemic restrictions are relaxed. We currently expect to be able to meet all internal development milestones, but in light of the very necessary restrictions imposed in response to the pandemic, any external development or launch milestones that are not in our direct control, cannot be guaranteed. Despite this, we currently expect to meet our main AI milestones of first AI revenues in H1 2021.
Stuart Gall, Chief Executive Officer of Intelligent Ultrasound, commented:
"Whilst COVID-19 is expected to have an impact on our global simulator sales, we are implementing a series of cost reductions, that we believe will be sufficient to enable the Group to continue well into 2021, when our first AI software licence revenues will come onstream. As such, the medium and longer-term prospects for our business remain unchanged."
20% down on a couple of trades and buys shown as sells..should know as one of the buys was mine....suppressed SP here...should bounce back over 10p with ease on results...
OK dropped back down now to buy level IMO....strong business model here and results due in 2 days...should show some very promising results with various hospitals around the work using Intelligent Ultrasound equipment and scan training system
Agree. Look to SYM up 150% due to single product approval of packing bread!!!
I expect this to do very well once commercialization contract in place. In addition to 25% up of existing revenue
Stock is held too tightly...a single trade makes this move....look over last few weeks of trades...goes down then up like a pogo stick on single trades...as say I'm long here and do expect this to be a very successful company hopefully with dividends to come
Someone bought and sold at loss?? Why its going up mate
I've held here for a while now and as per BB below often talk to myself...I can assure you though that I continue to add to my SIPP here as expecting next year to really take off...ultrasound products and licences will begin to gain royalties and there products are highly regarded in medical sector...good luck if taking some and perhaps might have someone to finally talk to on this BB
Last time reached 24p. Now if lunched the product we should see 30p on cards
Happens every few months...big rise and then back to slow decline again...royalties due to come in 2021 if can hold until then...tightly held stock hence moves big on a couple of trades
Going to dip my toe in with a few hundred see what happens, cant belive its up to 17 from 9p on Monday !
Moved up around 50% in a week...someone adding here for sure.....waiting to see if drops back down again to take a decent position...
Single trades moving this one up again for 3rd day in a row...bounce appears to be on...even a sell moved up the bid and ask...think stock here very tightly held and interesting to see where it could go with some proper volume
Up 23% .....nice...more to come next week...stock tightly held and any trades make this move...still very undervalued
Seems to be bouncing yet again...far too cheap at current SP...ask being moved upwards even on sells....volume will set this one of again at a fast pace
Movement on 3 trades...tightly held this stock....rises on small trades and becomes difficult to buy....perhaps due for another vertical rise again
Dropped to low level due to no interest...bounced from this level 3 times already...taken some to see if caught bottom SP again
Amer involvement previously.