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Hellojelly..
Why would I try and take my mind off TLY? Why, what's happened there, nothing? They were at 27.75p 3 months ago and around 26.5p today.
And?
However, I see Nano have crashed 50% since 1st rns.
The fact is Lombard were selling significantly after the 1st rns.
That is the real concern.
Are you trying to take your mind off Lombard's significant selling and the sp crashing 50%. What do they know, given Turcan, Lombard fund manager was a NED?
Can't blame you for wanting to distract from real concerns.
Sammy,
Why do you think it's delayed by samsung?
It's H1 end tomorrow for Nanoco. Are they delaying because of H1 end????
They in settlement talks. If there was deliberate delays then the other party can end the talks.
Tm58
Can you name these long term holders who have withdrawn?
Lombard have been selling as the 1st rns was published, so lower settlement than they were hoping if nano went to trial and won.
So have these so called long term rampers withdrawn because they were wrong?
Who were they?
Gigawatt,
Everyone can read the evidence.
Read Ginodog's posting history. His posts on Trmr attacking my warnings. Trmr went as high as 870p then crashed back down to around 300p, based on the red flags I was posting.
https://www.lse.co.uk/profiles/ginodog/?page=5
Gigawatt
" it’s just another way of trying to bully people who don’t agree with you until they stop posting, I’ve experienced it before."
EXACTLY, the gang don't want any contrarian views.
On trmr (ex-Blnx), ad tech company, I was posting red flags, yet the gang (blnx gang) repeatedly tried to bully me off. They even resorted to posting misleading posts and lies on the TLY thread. Trmr crashed from highs of 870p some 18months ago to around 330p today. Blnx(now trmr) was trading at eq sp of around ÂŁ28!!!
The blnx gang also post on the Nano thread. Read the TLY thread and it's all there for readers to see.
NGR
"We really should focus on the future. "
How can anyone focus on the future when the mcap is where it is because of the litigation?
It wasn't that long ago the rampers wanted everyone to focus on the court trial.
Is it better only to focus on future now because the outcome isn't going to be as great as some predicted?.
NGR1616,
"Good synopsis DW."
Only based on the fact Samsung want to use the IP???
That never been in question.
The question has always been what is the settlement, if agreed, likely to be?
Is it already factored into the sp?
The question is where did the media get their as 'high as $500m' on successful trial outcome come from?
My opinion is based on the fact that the company, THEMSELVES, have said that the GROSS settlement is towards the lower end of range of that successful outcome.
"Had the trial gone ahead and nanoco prevailed, some in the city speculated it might have been awarded upwards of $500m."
https://www.thetimes.co.uk/article/nanoco-in-line-for-windfall-after-samsung-concedes-in-patent-battle-xrh2k9dm3
"In evaluating the settlement offer and concluding that it provides a fair outcome for the Company and its shareholders, the Board, having consulted with its advisers in the litigation, took into account the following considerations:
-- The gross settlement value should be expected to be towards the lower end of the range of expectations for a successful jury trial outcome as previously guided by the Company."
https://polaris.brighterir.com/public/nanoco/news/rns/story/r776mzr
The company rns is a FACT. The figure in the media is the only one available to work on.
The points I posted about Turcan working as NED and timings are FACTS.
Does anyone seriously believe he never attended any board meetings?
Does anyone seriously believe the litigation, finances, expectations were never discussed at board meetings?
I think Turcan knows what parameters the company is working towards.
The guidance in the media is on expectations of an award if the company won the trial. This guidance was 'high of $500m'.
Crucially, the company, THEMSELVES, have said that the GROSS settlement is towards lower end of range for expectations for a successful jury trial outcome
I prefer to believe the company than some of the posts on here.
The expectation in the public domain is 'as high as $500m, the company state towards lower end of successful jury trial outcome.
So, what is lower end of range?
I think $200m gross. Deduct backers/legal fees etc and I think it'll be around $100m net.
"Had the trial gone ahead and nanoco prevailed, some in the city speculated it might have been awarded upwards of $500m."
https://www.thetimes.co.uk/article/nanoco-in-line-for-windfall-after-samsung-concedes-in-patent-battle-xrh2k9dm3
"Had the trial gone ahead and nanoco prevailed, some in the city speculated it might have been awarded upwards of $500m."
https://www.thetimes.co.uk/article/nanoco-in-line-for-windfall-after-samsung-concedes-in-patent-battle-xrh2k9dm3
"In evaluating the settlement offer and concluding that it provides a fair outcome for the Company and its shareholders, the Board, having consulted with its advisers in the litigation, took into account the following considerations:
-- The gross settlement value should be expected to be towards the lower end of the range of expectations for a successful jury trial outcome as previously guided by the Company."
https://polaris.brighterir.com/public/nanoco/news/rns/story/r776mzr
The facts are
March 2021 - Company say infringement trial set for Oct 2021
Aug 2021 - Turcan appointed as NED
17th June to 11th July 2022 - Turcan mainly bought, couple of trades(bought/sold)
Aug 2022 - Turcan sells 8 times with the month.
Sept 2022 - Turcan resigned and asks to leave with immediate effect.
Submissions/evidence would have been filed to the court before the court dates were announced.
Lombard were selling significantly when the 1st settlement agreement rns was published on Fri 6th January.
Lombard sold further afterwards.
Turcan was appointed for his capital markets experience:
"The additional capital markets experience he brings to the Company will further support the Board’s efforts as we work to deliver maximum shareholder value from our organic business activities and litigation against Samsung"
Does anyone think, as a NED, Turcan didn't attend any Board meetings?
Does anyone think during those Board meetings the litigation and expectations were never discussed?
Now to opinions:
Turcan was buying in in June 2022, so presumably was optimistic. Then just selling in Aug 2022, weeks before he resigned, so became pessimistic.
I think as a NED, Turcan attended board meetings and therefore knows what parameters the company were working towards. I think Lombard was selling significantly because they know what the company's expectations were and 'towards the lower end' was disappointing.
Everyone is guessing. My opinion is based on the facts outlined above.
Radium
"This guy thinks like myself."
to
"I should have checked"
More like you were hoping gullible readers would accept what you're written as gospal. lol
Just like your posts when you were desperately trying to persuade investors here to sell and ramping how great potential Trmr has at 815p and posters here should switch. How did that go?
Lucky sensible posters can see right through you.
If the bear points can be countered then the bull case is stronger.
If the bull points can be countered then the bear case is stronger.
All your nonsense has been countered, so the bull case is stronger.
Next bear point???
Just like I countered all the ramping on your trmr and the shares crashed because of the red flags I warned about.
Dartron,
In their previous life, TLY used to be a publisher of a website for the Jewish community.
The plc was taken over as happens with a lot of small companies with a new direction. In the early days of healthcare, they won the contract to host NHS website and build PDAs, as part of Shared Decision Making by the NHS.
The company consisted of 2 subsidiaries, Totally Communications(TC and still exists) and Totally Health.
They split Communication and the healthcare divisions and TC was sold off and no longer part of Totally plc.
During mid 2010's NHS was undergoing major changes.
TLY saw the huge opportunities and in 2016 Bob Holt joined to help build a company focused on the requirements of the NHS. He helped get the backing needed by speaking to Institutions. He did similar at Mears Plc, which he built up from ÂŁ500k to ÂŁ500m company. TLY had no problems with gaining funds needed to build the diversified business model they have today.
The big push came about from 2016 because they have followed the requirements of the NHS. They have always followed the requirements needed by the NHS, eg the White Paper, ICS rollout
TLY now have a diversified business model covering NHS, HMP, elective surgery, corporations etc.
IdesOfMarch,
"entrenched in that view for whatever reason, clearly they don't own it."
Apologies, Radium one of the trmr investors, who is here out of bitterness.
Read his 1st ever post on trmr thread. He's gloating that it's Goodbye TLY then goes onto say why he's posted it on the trmr thread, ie to get back at me.
https://www.lse.co.uk/profiles/radium1/?page=34
Briefly, I was invested in Blnx, now trmr. I saw warning signs and posted the red flags. The shares crashed based on the red flags I posted. Blnx eq sp was around ÂŁ28, trmr now around 300p. Trmr reached high of around 870p in 2021. I traded them, sold at 844p, whilst posting the red flags.
Radium, Eddie21, Tricky_dicky etc obviously didn't like the red flags being posted. He can't accept responsibility for his own poor investment decisions and so blames me!!
In July 2021, he was trying to persuade readers here to sell and buy trmr at 815p, whilst I was posting company/sector newsflow and red flags. He was suggesting TLY are doomed etc.. His trmr is now around 300p based on the red flags I warned about.
Clearly a bitter troll who can't accept responsibility for his own huge loss and stupidity and not reading the obvious red flags.
Read his posts -14/07/21 at 08.19.
https://www.lse.co.uk/profiles/radium1/?page=22In July 2021, he was trying to persuade readers here to sell and buy trmr at 815p, whilst I was posting company/sector newsflow and red flags. He was suggesting TLY are doomed etc.. His trmr is now around 300p based on the red flags I warned about.
Clearly a bitter troll who can't accept responsibility for his own huge loss and stupidity and not reading the obvious red flags.
Read his posts -14/07/21 at 08.19.
https://www.lse.co.uk/profiles/radium1/?page=22
Best ignored.
Radium, you're getting desperate and twisting the events to suit your agenda. Remember I outed you for twisting the facts when the White Paper was leaked 2 yrs ago, February. You're at it again.
Readers can see the timeline and facts for themselves.
Employee Benefit scheme announced 10th January.
The HSJ was published 24th January.
If they had known about it beforehand then don't you think they would have corrected it beforehand and not wasted money issuing a rns afterwards?
The employee benefit scheme was announced on 10th January, so 2 weeks earlier. Are you suggesting the BoD knew about the HSJ article 2 weeks before it was published. Really? lol
Employee Benefit scheme - 10th January:
https://ir.design-portfolio.co.uk/viewer/100/55489
HSJ story - 24th January
https://www.hsj.co.uk/quality-and-performance/ics-cancels-four-urgent-treatment-centre-contracts-after-performance-concerns/7034101.article
Justdeezets, good find.
Radium, you're getting desperate!!
The HSJ was published 24th January.
If they had known about it beforehand then don't you think they would have corrected it beforehand and not wasted money issuing a rns afterwards?
The employee benefit scheme was announced on 10th January, so 2 weeks earlier. Are you suggesting the BoD knew about the HSJ article 2 weeks before it was published. Really? lol
Employee Benefit scheme - 10th January:
https://ir.design-portfolio.co.uk/viewer/100/55489
HSJ story - 24th January
https://www.hsj.co.uk/quality-and-performance/ics-cancels-four-urgent-treatment-centre-contracts-after-performance-concerns/7034101.article
Greenbrook was bought, in 2019, as TLY is aligned to the NHS and their requirements. They bought Greenbrook as the govn were changing local systems to newer ICS (integrated Care Systems). This was in the White paper in 2021 (which Radium used at that time to suggest TLY are finished!!).
The reason for buying Greenbrook was made clear at the time. As the original contract is old then the terms would have been unfavourable. The BoD have stated they will return old unfavourable contracts.
TLY provide services to the NHS and so are aligned to their requirements. Therefore, TLY must ensure their business model includes NHS requirements or they need to change their strategy.
The NHS is moving towards integrated care, which is exactly what TLY business model does. They bought Greenbrook to ensure they are fully prepared for ICS.
Businesses have to adapt to where there is demand or they will fail as competition will enter the market. It's basic business to adapt to your largest customer.
2019 - Greenbrook acquisition document:
"BACKGROUND TO AND REASONS FOR THE ACQUISITION
The Board believes Greenbrook Healthcare to be a strong acquisition candidate, for the following reasons:
l Growing market for outsourced urgent care services
The Directors believe that publications such as the Integrated Urgent Care Service Specification published in August 2017, which calls for all A&Es to establish adjacent UCCs1, and the NHS Long Term Plan published in January 20192 demonstrate the potential market for services being provided by both Vocare and Greenbrook Healthcare. The Directors also believe that there is increasing demand for urgent care services nationwide and a need to develop innovative delivery models to support the delivery of key NHS national performance targets."
"l New services and opportunities
The acquisitions completed to date by Totally have offered opportunities for the Group to enhance the portfolio of services it delivers as part of an out-of-hospital healthcare strategy. This strategy is in line with NHS policy and its vision for the delivery of out-of-hospital healthcare services. The Directors
believe the acquisition of Greenbrook Healthcare will help enable Totally to deliver further on its strategy to become a leading provider of out-of-hospital healthcare in the UK. In addition, Totally’s existing range of out-of-hospital services, in addition to its UCC offering, covering, inter alia, NHS 111, GP OoH
services, integrated urgent care, physiotherapy, community-based dermatology, referral management services and clinical health coaching provide opportunities to support Greenbrook Healthcare and the urgent care services it can provide and offer to patients. "
TLY have a diversified business model with subsidiaries:
1) Urgent Care(the contract in question)
2) Planned Care, physio etc
3) Insourcing - Pioneer Health to reduce the huge backlog of operations.
4) Company Wellbeing - provide services to corporations for staff wellness..
TLY started with UC to build a foundation.
UC contracts are TLY's bread and butter whereas insourcing, company well being are the growth areas.
That's what sensible businesses do, build a foundation and then grow.
The contract in question represents a contract within 1 subsidiary.
TLY provide their services to all 4 UK nations plus Republic of Ireland.
https://www.totallyplc.com/our-services/
justdeezerts
"Radium, it’s interesting (and entirely predictable ) that when you have run out of things to say, you cut and paste the views of others"
Not just any of others..
These 'other' posters, Dr Biotech, along with 1gw, Digitalis, Barkboo etc also post on, um, you guessed it...Trmr.
It must be a pure coincidence.
Honest guv.
lol