We would love to hear your thoughts about our site and services, please take our survey here.
On the other hand, this may be nothing to do with aid, which seems more likely the more I read. Turns out US Medicaid and Medicare operate in Guam, which is a huge US base in the Philippines. Otherwise, Medicaid and Medicare operate exclusively within the US.
Some hints pointing to Medicaid's involvement in the PH can be seen here: https://www.usmedicareph.org/
And another here: https://www.kuam.com/story/19618487/2012/09/Sunday/medicaid-expanding-to-philippines
Point seems to be that there are loads of US citizens living in the PH, not only in Guam, who are eligible for Medicaid/Medicare. Perhaps that's who the Dialysis Care Plus (DCP) centres are meant to provide for. And the US medical system being private and profit driven rather than service driven, it's been deemed best to sell off the centres as a commercial operation, there being many thousands of US citizens available as a customer base. As a commercial and independent entity, DCP would be able to continue to provide for US citizens but also broaden their market to a wider audience. Medicaid would reduce their costs whilst simultaneously ensuring dialysis care for their citizens.
So DCP then would seem to be a well established operator in it's field, properly set up and with a captive base market of US citizens using Medicare, but also an expended market of everyone else.
I'm only guessing. It's certainly not a case of a Fed agency wanting to get listed, as someone suggested earlier.
My understanding, which may be wrong, is this:
This company - Dialysis Care Plus - seems to be a Philippines based project of a US Govt overseas aid programme. It's proved to be successful and so the next step, having set it up and got it established and profitable is to float it off as a going concern. At this point, the US aid people will see this as a successfully completed project.
I don't know anything about the sector. I also know little about the process by which SPACs operate. DISH's mcap is just over half a mill. Assuming A/ the float happens at a mere 3 mill, that would be a six bagger (rounding a bit), but will there be a cash raise? If so, assuming pessimistically a 50% increase in number of shares, leading to an effective dilution of a third, making a 4 bagger. If valuation is 5 mill, or whatever guess, adjust numbers accordingly. Or if dilution is greater, ditto.
Is this right? Anyone serious who knows?
As an aside, if it's successful, it may quickly be a buyout target for Fresenius Medical care, who are huge and who seem to be unique in this space.
A second aside.... given the nature of the project, I'd have thought that due diligence will be a breeze so risk of this RTO not happening are low.
I realise it's unlikely to be them directly, but if Fresenius own Dialysis Care and want to float it off... Hard to find anyone who does what Dialysis Care do. And Fresenius mention somewhere that they have operations in 42 countries (can't find it now) but only mention 24 on the schematic on their website.
We'll find out in due course.
I think 1/12 is the deadline. So presumably there's a month to go yet.
From an RNS: "Furthermore, the Company has issued 23,299,314 shares at a price of £0.00344 per share to a creditor to reduce outstanding liabilities by £80,149.64. " Someone was confident enough to effectively invest 80k. It's purely personal conjecture on my part but I just have this sneaking hunch that there's something cosy going on here and we may be alright. We'll soon find out I suppose.
From the April RNS: "The Directors are targeting concluding heads of terms of a preferred target by the late Summer which will trigger a suspension of the shares in accordance with the Listing Rules."
As we're well into Autumn, things do indeed seem to be getting a bit squeaky bottomed. I had high hopes for this. As Spacs go, this is a good one. Market conditions are not good though.
So what happens in a few years when Wyld's devices are in all the satellites but quantum computing comes along... will PQC decryption methods make the modules vulnerable to hacking? Because there's no way they can be physically replaced if a PQC proof version required new firmware.
This is in the FT but can't get past the firewall, so googled the heading and found it here.
https://www.claytoncountyregister.com/news2/chinese-battery-groups-invest-in-morocco-to-serve-western-markets/500647/
Do we have gallium or germanium? https://edition.cnn.com/2023/09/21/economy/china-chip-material-exports-drop-intl-hnk/index.html
It's a gamble then, hence your use of the word 'should', upon which everything else depends. Just wondering what the odds are, but I suppose unless one's an appropriately specialised scientist, there's no certain way of knowing. Other than assuming their confidence in proceeding is sufficient evidence.