Member Info for Barnacle

Must be a contract in the pipeline....?

We’re pleased to announce the expansion of our Feedback Medical team in India with two new appointments.

Abhishek Chauhan joins us as a Deployment & Customer Support Engineer. Abhishek has a background in software development, cloud architecture, API integration, and DevOps practices.

Pardeep Kumar joins us as Full Stack Developer. Pardeep has over seven years of experience in software development.

Welcome to the team, Abhishek and Pardeep, we’re excited to have you on board!

Yep, it's a good opportunity to ask some questions, and hopefully will enlighten us shareholders on the progress being made......

I'm expecting that we should be getting some positive updates over the next 6 weeks. Tom usually times news with the investor presentation which is in a couple of weeks, so fingers crossed! There is so much going on in the background, NHS pilots and the Neighbourhood Diagnostics Platform, ICBs, expanding care pathways, WhatsApp replacement, Private Healthcare collaboration, and India....... :0)

Expecting a positive trading update in the next week or so.....

From RNS 20th November '24:

Key Updates

·

In-line with expectations, the Group began Q4 with positive trading EBITDA, which has been further strengthened by new brand partnerships.

·

Combined new bookings in September and October 2024, running through to Q1 2025, of approximately £1.5 million.

·

October was the best performing month on record for the Group and included a significant proportion of new bookings relating to 4D AI higher-margin data revenues with global blue chip clients including BMW and VISA.

·

As at 31 October 2024, committed revenues for FY2024 stood at approximately £9.3 million (unaudited), more than £1 million ahead of last year's total annual revenue (2023: £8.3 million).

Looking positive!

The golden cross occurs when the 50-day moving average of a stock crosses above its 200-day moving average. The golden cross is a strong bullish market signal, indicating the start of a long-term uptrend.

Looking at the Project section of the website, it does state that Bordesley is "currently in construction stage" while Hindlip and Stather are " Under Development". Does this mean that Bordesley will be the next to come online?

A much improved website; well designed and informative. A sign of things to come..... :0)

Still no wind......

"During January 2025 to date, GB intraday electricity prices reach multi-year high of £1,000/MWh mainly due to extended periods of low wind generation, which results in increased demand for and revenue of flexible power plants, such as Pyebridge, to balance the national grid and avoid blackouts."

Some thoughts on revenues and future announcements:

October 2024 increased by 11% to c. £72,000

November 2024 increased by 9% to c. £63,000; (intraday price for electricity £329/MWh on 5 November 2024)

December 2024 of c. £77,000, increasing by 10% £84,000… (GB intraday electricity prices reach multi-year high of over £600/MWh during December 2024 )

January 2024: estimated £200,000 based on 2 gensets running and intraday electricity prices reach multi-year high of £1,000/MWh. *

Overhaul of 3rd and final 2.7MW in process and once completed the site will have its full 8.1 MW total generation capacity in optimal production. (End of February?)

During January 2025 to date, GB intraday electricity prices reach multi-year high of £1,000/MWh mainly due to extended periods of low wind generation, which results in increased demand for and revenue of flexible power plants, such as Pyebridge, to balance the national grid and avoid blackouts.

Announcements to come:

Pyebridge has successfully qualified for an additional new T-1 and T-4 Capacity Market ("CM") contracts at the site's maximum generation capacity of c. 8.1MW during the recent CM qualification assessment window : The price auctions for the new contracts are expected to take place at the end of February 2025.

The first definitive step in the new Growth Capital Partnership with Powertree is a new project finance facility agreement with Powertree regarding MED's 7.5MW shovel-ready Hindlip site.

"Further, we are excited about the recently announced new Growth Capital Partnership with Powertree. We are already working toward the definitive wider funding agreement to support and enhance the Growth Capital Partnership, which we expect to execute during Q1 2025."

Not sure if this has been posted before, but just been highlighted by Mast on Linkedin:

https://www.theguardian.com/business/2025/jan/08/two-power-station-owners-to-get-more-than-12m-for-three-hours-of-electricity

Zak Mir says 2.4 by the end of this month..... ;0)

Https://www.youtube.com/watch?v=rAEX1YA0qJQ

January's revenues should significantly more than December due to lack of wind generation and low temperatures. Plus we now have 5.4MW in production.....

Genset3 confirmed by end of Q1, if not earlier is all goes well...... :0). So by end of March 8.1MW production which equates to £2.4Mpa for Pyebridge alone. Hindlip news should be soon....

Broken the 200 DMA for the first time since Nov 2023..... looking good :0)

And not forgetting the asset value of Pyebridge alone is over £4 million....

Morning, bought my first 2M earlier today. The tide is turning here, the company is now financially secure, and is generating good revenue. Soon more to come when the 3rd gunset is up and running, and the agreement with Powertree looks promising........

Not sure if this has been posted:

https://www.notebookcheck.net/HP-s-new-rechargeable-keyboard-and-mouse-combos-have-supercapacitors-multi-device-and-multi-platform-support.942312.0.html

HP has announced two new rechargeable keyboard and mice combos that can last months after a few minutes of charging thanks to having supercapacitors.

Everyone put their questions in for Monday? Hopefully we'll see the new faces present.

From 9th December 2024

https://www.qvh.nhs.uk/2024/12/queen-victoria-hospital-shortlisted-for-two-prestigious-national-awards/

The nominations recognise the success of their pilot project providing a straight-to-diagnostic breathlessness pathway using Feedback Medical’s Bleepa software. It has achieved significant improvements in efficiency and patient wait times.

The Bleepa software allows GPs and the multidisciplinary team at QVH to collaborate digitally for patients needing diagnostic tests as part of a breathlessness pathway. The pilot project saw a 63% reduction in patient waiting times from referral to treatment compared to the national target, significantly decreasing the number of patients waiting over six weeks.

Impressively 90% of referrals were managed without the need for in-person specialist appointments. This approach has improved patient experience and resulted in efficiency improvements which could be applied to other diagnostic pathways.

Dr Ian Francis, Deputy Medical Director at Queen Victoria Hospital, said: “We are pleased the success of the pilot programme has been recognised by the HSJ judging panel. We have had lots of interest in us sharing our best practice with others wanting to adopt similar symptom-based pathways and have presented both regionally and nationally. We are looking forward to the next stage of rolling this out to additional pathways to maximise clinical and efficiency improvements for our patients.”

Thanks for the link Bill, all looking very positive.

Interesting, would tie in with Government's current thinking.

From Annual Report:

"Domestically, we are seeing increasing interest in being able to share clinical information with patients, as demonstrated by our pilot contract with MIP. The NHS wants this to occur through the NHS App, however this does not currently have these capabilities and it would be very complex and expensive for the NHS to build from scratch. There may therefore be an opportunity to position CareLocker® as a back-end enabler to provide patients with their clinical results through the NHS App, which the Company is actively exploring. It will depend ultimately on political will and the ability to reach meaningful commercial terms that justify the development required to embed CareLocker® into the NHS app."