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Cashking,
Absolutely. Not only Pioneer Healthcare. Urgent care and Company Staff Wellness divisions.
UC recently won a £13m contract, with 30% uplift from the original, from NHS England, national level. That alone counters the misleading deramping posts.
Revenues £100m with a recent £13m contract at national level.
Cash as of H1 £1.7m
Mcap £8.5m
1gw_
You post selected metrics to suit your agenda, depending on whether you're ramping/deramping.
HVO has liabilities yet you prefer not to mention them. Likewise, so did Trmr, Byot, rthm etc, Byot crashed 95% and the others around 80% based on the red flags I posted.
TLY paid upto £13m, part cash, part deferred cash, part share issue. That is perfectly normal for a company to do so. In fact your Byot and HVO have done exactly the same, yet you don't express any concerns with them.
"The total consideration for the Acquisition is up to £13.0 million (the "Consideration"), on a cash-free and debt-free basis. The Consideration is to be paid 80% in cash and the remaining 20% will be satisfied by the issue of new ordinary shares in Totally. £6.9 million is payable on completion, on a cash-free and debt-free basis, and up to £6.1 million is payable on a deferred basis, based on the financial performance of Pioneer in the year ending 31 March 2022."
https://ir.design-portfolio.co.uk/viewer/100/29531
Could Someone…Post Wendy’s ….Results Interview…..Can’t Seem To Find It …..
Parob,
What happened?
I haven't posted any company newsflow, bear points or obvious red flags on HVO since 10th. Yet the same HVO posters have continued to post misleading posts here.
Not surprising though, was it?
Most other companys have liabilitys its nothing new furthermore TLY liabilitys are significantly less than the previous year
And what about the £11.4m net tangible liabilities (as of interims balance sheet date 30/9/23)? Wouldn't any sum of the parts valuation based on divestment have to cover at least that as well as the market cap before you got to breakeven vs the status quo? And probably a lot more than £11.4m if you assume that all intra-group loans would have to be repaid on the divestment of a subsidiary.
i.e. all the main operating subsidiaries have positive net tangible assets don't they? Whereas on a consolidated basis Totally plc has a large net tangible liability position. This is possible because cash has been lent by subsidiaries to other group companies and then used for various purposes, such as acquisition. In the lending subsidiary those loans sit as current receivables and contribute to the net tangible asset position but on a consolidated basis they disappear as they are intra-group transactions. Any buyer of a subsidiary would be likely to demand that intra-group loans be settled at completion, wouldn't it?
As examples, as I read the accounts, Vocare Limited was owed £11m by other group companies and Greenbrook Healthcare (Hounslow) Limited was owed a net £12m by other group companies, both as of 31st March 2023. Totally plc, on the other hand, in the company (rather than consolidated) accounts at the same date owed a net £27m to other group companies.
£8 .55 Million …….
Pioneer Cost …….£13 Million
Plus Lots Of Different Parts …..
Split Up And Sold Individually……Would Amount To Considerable Millions …..
I beg to differ and ,that's a FACT
Just look at the market cap £8m tells you the market isn't buying it!
Great Bumblebee to have such myopic loyalty but it doesn't change the fundamentals its an unworkable Investor Model...FACT!
Iam not selling but,if you feel the way you do and,TwoGood 2Die then go put yourselves out of your misery and sell . personelly i believe they are a buy so i am staying in because thats what i believe,and, if you want to get your money back thats what i would recommend for you too.
It's not a bad idea to be honest.
Are you recommending everyone sell up?
I will ask you the same question,why are you still in it then? sell up.
Short term assets - £18m
Short term liabilities - £30m
Same old regurgiated out of date rubbish we you cant back up or made up
no heavy loss
they have cash
limited funding
no cash raise on horizon
Instead of guessing its quite apparent to most on here you never listened to the investor presentation at all .or understand whats going on or the reasons behind it if you had seen the presentation.,as for high wage inflation give us some figures as this is no different a problem as to anywhere else
If there is anything not to like then get out if you think it will go pop anytime then why are you still in it ?
Heavily Loss making!
No cash!
Wafer thin margins 1%!
High wage inflation!
High Fixed Costs!
Limited funding facilities!
Dividends cut!
Dubious contract profitability!
One major customer the Government funded regional health bodies!
Cash raise on the horizon!
Just another Carillon could go pop at anytime!
What's there not to like!
TLY has a consensus rating of BUY
Your figures are dubious,and inaccurate, second half of 2023 they still had 2.5 million which had been delayed to add
Your net liabilitys are wildly inaccurate and inflated,i suggest you visit their website.i trust this will ease your concerns seeing as you are still holding TLY. or contact them directly to address your concerns being a shareholder.i trust you watched and listened to the shareholder meeting some weeks ago or, perhaps you didnt bother..Dont fret ,it will come good.
How likely the scenario is, doesn't impact how fatal it's impact could be. Over reliance on a single entity is a massive red flag, I've seen plenty of companies fail before when one supplier cut ties! Even with the NHS, the financials are troubling. Bumblebee maybe you could ease some concerns about the below? Or do your abilities not cover understanding the very life blood of a company? I look forward to you now replying again:
3.6m net debt
Large monthly outgoings
Net current liabilities 12-15m
Trade receivables £16m Vs £26 trade payables; £10m shortfall
Negative net assets
Now why would they do that HallsWorthy when they have just recieved the 13million contract,with more to come .
try reading stt1 comment and you will see there are 4 different national levels so are you saying they are all going to pull the plug ? oh yes sure, think you really need to get your head turned around the right way instead of looking backwards as you do. Surely if plug pulling was the case as you suggest even you must be able to see that they would not of continued and upheld the contract for 13 million in the first place. dear o dear.
Price drifting back as expected, can't hold a rise and the resident ramblers have no answer to legitimate questions on finances - not a single reply on anyone of the points raised!!
Serious risk of a raise in and even more worrying is NHS pull the plug and go with another supplier it's presumably curtains overnight :(
Backs up my stance that there's 4 separate NHS systems at National levels, in the UK. NHS England, NHS Wales, NHS Scotland, NHS NI.
Each country's NHS takes a separate view on how to deal with healthcare within their own country. That's 4 different customers at National level.
From the official NHS Confederation website.
Devolution in the UK has led to four different health systems, each taking slightly different approaches to delivering health and care.
https://www.nhsconfed.org/articles/can-we-make-direct-comparisons-between-nhs-england-and-wales
TLY's £13m contract (extension), with 30% uplift from original, was awarded by NHS England (National level).
It's obvious some posters don't understand and are ignorant as to how the NHS works. They see "NHS" and think everyone is controlled by the UK govn!!!
Mr Bee,
I shall leave you in this echo chamber.
Pls talk to the 🫷!
Yes it might be a good idea for you to go to Specsavers yourself when you start seeing red instead of blue its worrying for a troll
Yup like 4 lol!
Nice number of buys today, maybe some are sells its hard t o know why they do it,we all notice sometimes by your own trades that it goes down wrong to the trade however blue is the order of the day all things considered on a bad market day its very encouraging, TLY has never been a volatile stock as a rule ,steady away.