Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Should TLY do a share buyback instead of another dividend raise?
Given the free cash flow (and growing cash pile), I'm thinking it might offer shareholders a better ROI if TLY buys back and cancels its own shares than paying a higher dividend as long as the price remains suppressed. Maybe even a better ROI than an acquisition.
Any thoughts?
Trickys interpretation of events have little basis in reality. What counts is the audio recording of the call and if the regulators find that the 111 staff acted appropriately and according to the advice given by NHS provided systems.
The best stocks to own are companies doing well that are under the radar.
The charts says it'll break out this month. If they happen to announce something interesting the breakout will probably be large. If there's no news it'll probably trickle along for a time. Happy to hold, it would take a major jump to convince me to sell (3x current price maybe) but given the way the share price responds, any breakout would likely be capped in the low 50's so I'm not expecting to get rich anytime soon.
Additionally, there is 0 relationship between the current price and the price in 2012 and yet there are perfect reactions to this trend since summer last year. The bonus is that it's still cheap with p/fcf under 10 and 1/3 of the market cap in cash.
It's time to buy in my opinion. I'm not a trader but look at this technical setup that looks all set to break out and has been testing it hard lately. I believe it will happen this month that we'll see a real break out.
https://www.tradingview.com/x/2OoFCFI9/
I'm very happy with these results...
They confirm sustainable free cash flow which means this business will go up in value by a minimum around 7mil / yr and the share price does not reflect that.
While I agree that the risks mentioned by our board drop-ins are not zero. Totally continues to represent an excellent opportunity in the sector. I think it more likely they continue to gain contracts and grow rather that come under legal and/or pressure from government policy.
Once again confirmed, this is probably still my lowest risk position.
Hey, there's a bonus point for TLY...P. 22 of the Annual report.
PATIENT SATISFACTION SURVEY RESULTS1 October 2020 to 31 March 2021
99% Would you recommend the physiotherapist to friends or family if they needed similar care or treatment?
96% I was satisfied with the information that I received prior to my appointment Strongly Agree or Agree.
97% The clinic facilities were clean, accessible and comfortable. Strongly Agree or Agree.
96% My physio provided a thorough assessment and clear explanation of my condition. Strongly Agree or Agree.
Overall 99%
I was satisfied with the quality of the physiotherapy service. Strongly Agree or Agree.
The point being, the sampled group are clearly satisfied with the quality of TLY services.
Yeah, the tendering process did indeed waste a lot of resources and the biggest resource lost was time hence the pivot to ICS with a shorter tender process and a longer duration contract at the end.
You can also bet there are multiple bids for any contract but I'm not sure if that becomes public knowledge at the end. Either way, bids for contracts or what contracts are up for offer is not something I research.
Weird statement Tricky... "Anyone can 'win' a bid by paying over the odds"
You realise that it's the NHS that choose a winning bid and price is far from the only factor they will consider. In fact the reputation of the entity making the bid is probably of most value and for TLY that's pretty much outstanding these days.