Member Info for Dustbin101

4h ago NHS PHB @NHSPHB With 22,895 people now receiving personal health budgets in England, hear from @JamesCSanderson on the opportunities for integrating health and social care budgets to support social care reform (link: http://ow.ly/bqKP30j7enW) ow.ly/bqKP30j7enW

https://www.kingsfund.org.uk/sites/default/files/media/Wynn_Spencer_Kath_Farmery.pdf

Also announced by the Health Secretary was a new consultation on personal health budgets in order to achieve better integration for those with the greatest ongoing social and health care needs; and a new �1million Integrated Health and Care Pilot in Gloucestershire, Lincolnshire and Nottinghamshire. CBUY could be in the right place at the right time. Let�s hope so.

Speech yesterday. The Cabinet minister set out plans for a joint 10-year NHS and social care workforce strategy to align staff in both parts of the system. He also announced a consultation to extend rights to integrated personal budgets to those with the greatest ongoing social care needs to put more control in the hands of individuals and their families. Read more at: https://inews.co.uk/news/health/jeremy-hunt-broken-social-care-system-time-to-fix/

I will not waste time on the 2017 finals they were rubbish. This company got interesting last December when enough cash was raised to hit profitable trading. :Caveat: That�s the expectation of the board. Looking at previous posts and the companies track record it might all be Bull. The positives are in the mix for 2018 but it�s a brave man who gets excited. The actual cash at the start of this year is �1.9M, after payables with costs due to be cut again with revenues set to rise. I assume revenues from outside the UK will be about the same as 2017. The growth has to come from the NHS in my book. Supporting the employment of PAs has been critical in securing new CCGs as we now have 11 CCGs live and transacting with 23 contracted and a strong pipeline and a number in the process of signing contracts.

Is where we are told the resource is being targeted. Page 4 of lasts years accounts goes on about a NHS spend of 7bn, on 100,000 PHB patients, plus another 400,000 possible patients on notional budgets. If the notional budgets cost the NHS the same amount per patient then the total spend is �35bn That appears to be the total size of the cake that has to be administered digitally by 2020 rather than a manual paper based system currently. One would think that something was very seriously if Cloudbuy could not a profit out of those staggering numbers.

The first is the dire way this company has performed, and for all I know, may carry on in the same manor. It�s absolutely incredible the company is still trading. The total loss is now above �12M, cash that investors have handed over, to be poured down the drain. Ronald Duncan can�t be trusted on his past record. That�s history, but it has a habit of repeating itself, any would be new investor needs to know this. Onto the other side of the coin, hope that this company can at long last prove itself,namely by producing profits for shareholders. The chances of that are still only about 50/50. 2018 is the year that we will see what side of that 50/50 wins out. A very substantial rise in revenues of 100% on 2016 and 2017 is needed to see the company thrive. That extra revenue can come from 3 sources * New contracts , Higher revenues from mature marketplaces, and finally the NHS. Since none of the above did the job in 2017 one does have to question how on earth 2018 will be any different. ?

Mr Gibbons has been slashing the cost base. From now on it�s about revenue growth that HAS to show in 2018. If the ongoing contracts can hold their own, not including the NHS, CBUY has a chance of not going tits up. Any new contracts would be handy but reading all the reports, all effort is going into the NHS. Funding is in place to get to profitability according to the board, let�s hope so,because if it�s not enough, the next round of funding C #�1.7M would just about kill off shareholders. Next week we get the cash number as of 31/12/17 and what cash was due in, and out. I would like it to be a clear �2.5M or more. That has to last up to the date profits are hit, leaving a chunk for working capital going forward.Not an easy task.

Made it very clear revenues would be lower than the �1.8M forecast for 2017.That forecast also penciled in a loss of �2.3M for that year. I do not expect to see any improvement on those numbers next Friday.

Said results will be dire with revenues flat resulting in a thumping loss, be it lower than last time. The only glimmer of hope comes from the funding RNS last year being enough to hit profitable trading.

Since then we have had new Government directives. https://www.england.nhs.uk/wp-content/uploads/2017/06/516_IPC-Finance-and-commissioning-handbook-S3.pdf

It is then. I for one am happy that results were not delivered today.

Not a good omen

Point me to last May please

No point what so ever having this expense unless the directors have plans to use it to grow the company..

Mr Lenigas hates the AIM market and is none to keen on other second rate markets around the world, where his companies shares-are traded. The sure fire way to slash costs, and grow is to RTO the lot into AAAP.

cloudBuy @cloudBuyplc � Feb 16 We're expanding our UK team of software developers! An exciting opportunity for those with C# and SQL experience

Make a profit in 2017 second half

I think that is why we are both invested here. THE DIRECTORS ARE NOT GOING TO ISSUE NEW SHARES AT A LOWER PRICE THAN THEY THEMSELVES PAID. They have made sure they got in at the bottom rung.

A deal is being done with a news blackout. OR The results due in the next two weeks will be a non event.