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Does PR everyday help or does it dilute the message? Just wondering, sa you guys have more experience in this.
Just a thought, and I know lots of you won't like it, but when did Sony first rumour the PS3 was going to be released? And how long did it take them to get it to market? How many false starts did the world's largest electronics manufacturer go through?
It occurs that the development and route to market phase of this product has pretty much been in line with any major electronics project. Yes, there have been mistakes along the way, but the company is not Sony. And it seems to be learning. Prompt, literate concise answers to investor relations, business delivery, bonus dividend which they have confirmed in writing, live use and possible expansion. And if it's correct that they are signing up a new client each day then the demand correlates as well.
Probably too optimistic a model for most of you, but looking at the bigger picture, even including all the ups and downs (mainly downs I know), this seems to track well.
I think 07 is gonna rock and for me I can wait three weeks.
GOod luck to you all
Latest from UK is HUGE!
Contact has been told that the European float is back on and they are frantically working away. Mainly this due to the fact that the NHS position is established, and it's now a sales operation in the UK. With so much interest from PCTs they have decided the time is right for the European float.
All important trigger is pps of $1, but here seems to be a lot of confidence that that will happen in the near future and the float WILL be launched. The current Medify format, and it's partners mean that the actual delivery of the system can be handled in the UK for any country in the world!!!!!!
Keep your eyes here, any news and I'll let you know.
Bt bloke asked this. Was told that because Medify is a publicly traded company and Doncaster PCT is not a commercial entity comms have to be managed by Medify.
Makes sense, and before you jump down my throat I can understand the cynicsm. But that's the way it is, not much we can do to change it. We now have to hope that Medify's releases and comms plan will have the desired positive impact in the market and therefore on the pps.
JMHO
This is THE news we were waiting for, it's just had to be managed by Medify rather than the NHS. The NHS wouldn't allow them to publish it if it wasn't approved. It actually says in the release that the NHS has asked Medify to handle comms.
And also, I'd expect to see more third party verification over the next couple of days to back it up. I agree with other posts that we should see more activity in other media if this is the big push, so hopefully that comes together too.
As for Coleman, he was definately involved in the project, as he has commented for other releases. Again, not sure it would be approved for international release if it wasn't actually his quote. And the fact that (so far!) we've finally seen a pps rise on the back of good news really should mark this as the start. But that's just my opinion.
Good news.
All signed off and approved. BT man expecting all hell to break loose!
33m shares? I wish....
Just got back in from a gig. So, for your info:
I'm not JB.
I'm not Ian either.
Or the new boy.
But I have been lucky with my contact. And the current thought on the main sellers of shares this week are ex company officers that no longer have any association with the company. Now, I can see and fully understand why you don't trust JB. To be fair, I don't really give one as I got in after the split. If you don't want the info, or the articles found by sitting here for hours on the net, don't read them.
But save the insults.
This is my first major investment (after playing with little bits) and I really want it to work. And I can't see anyone new wanting to get in after reading some of the posts. I know I'm a positive speaker (and probably too positive for some of you to stomach), but if next week works out well I'll make a nice return. So excuse me for being pleased. And for those of you bitter, well, either start pushing the postives of the stock or shut up. Bashing it certainly won't help it rise.
Right, that off my chest, I'll bail. I wish you every success with your investments, and do honestly believe that this will work out well. If it doesn't, well hey, at least you get to say I told you so.
Good night, have a great weekend. And don't be too down that we finished the week on a more stable footing, with a 25% bonus and the pps actually up.
Take care
I agree solid. If he makes a boat load of cash then that means I have done very nicely too.
And I can live with this....
I may even send him a bottle of champers....
Good thoughts blazed. Some more research on the NHS (and following the I3IT info) has shown that before a national contract is awarded a business case has to be presented. This is the Doncaster project, so the statement from Joanne Webster gives us a date of March for them to present their business case to the steering committee in order to finalise the national contract.
The question is, is a buyout better than holding until March and hitting that contract for April and the following six financial years?
Here's what he was told:
The goal of all of the partners is to achieve a national contract, as that's where maximum revenue is available and it would be granted for around 7 years at a time (as per BT supplying the broadband NHS connection). However, that would mean more waiting with little external appearance.
To counter this, and to generate revenue for all of the existing partners the system has been made available for purchase by individual PCTs following Doncaster's successful trial conclusion. The internal NHS awareness of the system will receive a massive boost on Monday when it's NHS national approval is announced. As we've already seen from todays update, the PCTs are queueing up to buy, so they could achieve national contract revenues without a contract!!
Nice find!!
I understand what you mean, but I think that the fact that they are putting together a framework on a national basis means that completion of this may lead to the award of a national contract (not approval, which we get on Monday) but the actual contract. So the company is potentially four months away from a contract worth 1.5billion a year.
So I can live with it!!
Revenues for 19,500 shouldn't hurt though....
Anyone else noticed that Luton have appeared to have ordered units without even seeing the product or an initial meeting? That must mean the system is either very impressive or they know about a national approval announcement.
Good news either way!
Herbie, EMIS will still be making money, otherwise they wouldn't have sponsored MEdify onto the N3. And in terms of marketing I'd expect to see a sharp upturn in Medify marketing activity in the next month, becasue according to the website the new Sales and Marketing guy starts on Monday.
Go Ian! Go Nik!
That would make sense herbie. Don't know, but will ask the man to ask....
Funny you should ask Lem, Medify are about to release this....
UK Sales order book update up for MedifyRemote™
Medify Solutions Limited, and its partner EMIS, have been pleasantly surprised by the immediate demand for the revolutionary MedifyRemote™ system ahead of Monday’s scheduled NHS announcements. Initially, the agreement was for EMIS (Egton Medical Information Systems) to handle the introductory sales process, but in light of the demand, it has now been agreed with EMIS that all sales calls should be directed to the Medify Sales team for management and delivery.
The summary sales pipeline as at 1st December 2006
• Doncaster (Central & East) PCT
– “Flagship” NHS project
– Planned rollout to 2,500 users
• Stockport PCT
– Initial meeting occurred 3/11/06
– Business case for sign-off (from 6/11/06)
– Support from Vodafone engaged
• Barnet PCT
– First meeting and demo stage set for 15/12/06
• West Norfolk PCT
– First meeting 13/11/06
• Nottingham Central PCT
– First meeting 24/11/06
– Proposed with support from Vodafone (awaiting response)
• East Oxford PCT
– First meeting booked 11/12/06
• Luton PCT
– Initial order placed for phase one units 01/12/06
• Liverpool PCT
– First meeting booked 11/12/06
Pipeline Total User licenses = 19,500
Darryl Cox of EMIS, commented, "From the go-live date we have seen immediate demand from the NHS for installations of MedifyRemote™. This demand is coming from not only EMIS GP practices, but also PCTs, such as Barnet, where EMIS provide the majority of GP surgery systems. We are fielding an increasing number of sales enquiries and as such we have moved beyond the courtesy handling of these calls and will now direct all enquiries to the Medify Sales team. This demand certainly vindicates the need and the justification for EMIS' support"
19,500 UNITS! GO IAN!
Hot off the press from the BT man....
Confirmed orders for MedifyRemote today from East Oxford and Luton.
That's 9 PCTs ahead of the official approval announcement on Monday from the NHS!
Looks like there will be very real revenues in January 2007. It keeps getting better!
So let's hope we don't see a mass sell off today. Keeping the pps above .30 going into the weekend would be a really good thing to see.
Fingers crossed for a strong day
Thought the management shares were excluded from the dividend.
"It is the decision of the Board that the restricted stock issued to the management team during September 2006 will not be eligible for this dividend. "
So it's us that benefits, not JB.
No worries solid. Have set my BT man some more tasks tomorrow. I'll also be scouting the net to see what else is out there.
Have a great night all, see you here tomorrow.
Regards
GH
All cool BV.
Apologies if I get a little over positive, but research over here seems to put Medify Remote in a position to answer a lot of Richard Granger's pressing issues with NHS CfH.
As for jumping boards, I'd personally prefer a buyout!!! And if that gets into double figures I'll fly over and bring you a new glass and a bloody great bottle of champagne to drink it from!!
HAve a good night fella.
In response...
Am DEFINATELY not JB!!! I just think that it's good to be able to look at possible scope, rather than at my feet. The fact that my glass is half full and yours has a hole in the bottom isn't my issue. But I don't want to fall out with you, so hey, don't read it. Nobody is putting a gun to your head.
And jumping boards is a realistic possiblity, although I feel it's less likely to happen than a buyout.
And on that note, have a look at this report (I'm actually spending quite a lot of time sifting through UK sites looking on mobile access to N3. The link below is an N3 produced (ie BT) document that features images of mobile access devices but doesn't discuss BT's proposition to supply them. Yet they are obviously part of their thought processes....
http://www.nhs-he.org.uk/N3%20HE%20slides%20JH%20wo%20notes.pdf
Hear Hear going_long....
And BV won't want to hear this one....
But for the rest of you I've just had another update from the man-who-can at BT. An eighth PCT (Liverpool) have put a request in today for MedifyRemote.
Anybody still think that Monday's NHS news isn't gonna be good?
Thanks for the compliment BV, but there again....
Is it pumping when it's info that actually tracks true? And apologies for actually wanting to make money here, I know it seems to be against your religion....
More research...
Quote from eHealthinsider article looking into mobile applications in Healthcare:
"How mobility fits with CfH plans
"There is considerable use of mobile technology across the NHS today, be it mobile phones, PDAs or laptops and that is set to keep growing"
-- Mark Ferrar, director of infrastructure, NHS CfH
Mark Ferrar, director of infrastructure for NHS Connecting for Health, explains how mobility forms part of the NHS IT modernisation programme: “What we are conscious of is that there is considerable use of mobile technology across the NHS today, be it mobile phones, PDAs or laptops and that is set to keep growing.”
He says that a standard GP practice has three doctors and 20 peripatetic health workers. “In the future we expect them all to use care records, so mobility is a theme that is set to grow.”
15,500 practices already connected to NHS N3 spine with average 23 workers. 357000 workers ready to use the system NOW!
With revenue set to hit $70M when full usage at the 7 trusts kicks in what will happen if all of these people follow Mark Ferrars directives to integrate Mobile applications at the earliest opportunity?
Wouldn't rule out a move to another board though Solid. I agree you can't just magically make the leap, but were this to reach low $3 it would make sense to shift it. This could then attract more institutional investment....
Just a thought...
And check this one too
http://www.e-health-insider.com/news/item.cfm?ID=2128
97% of GP surgeries are connected to the N3 now. BT has made plenty money and this would give them the resources to make a bid for Medify, giving them complete control over this sector of the NHS for the next 5-7 years.
NHS N3 website now has a section that says they have " a range of mobile, flexible working solutions which can help you to meet these needs".
Can you guess what that refers to? They must know what is in the announcement for Monday.
Check the link:
http://www.n3.nhs.uk/productsandservices/
And have NITE just moved their ask to 0.36?
And don't forget Tjak, a major supply chain partner who is locked out of this area by their contract who historically buys companies that achieve significance in the NHS IT arena...
Should have said comments by the NHS. However, the fact that they Medify permission to publish counts for a lot. How many releases have we seen with a snior NHS person making a comment? Particularly releases like this one which is all about them not upsetting the company???
So, what do you think on will happen on Monday if the news is good? (and we have a strong indication that it will be). And why would the NHS put out a release explaining a delay if they really don't think it's an important product. After all, why would they worry about upsetting Medify? It's a small company compared to their other N3 suppliers, unless they also think that one of the larger players is getting ready to step in. Either that, or a national contract is closer than we possibly realise?
Just what could this do based on good news on Monday????
Ok, starting to move in the right direction. Let's hope it's supported....
What are they at now?
Tjak, thanks for this.
Clive Fenton definately knows Medify, as he was one of the three who structed the acquisition bid made in Medify's early days.
In terms of why BT don't do this themselves I had my friend dig around. It turns out that when the NHS grants a contract, it strictly specifies which areas you can deal with. When Richard Granger structured the N3 contracts, none of the involved parties had thought of mobile access. Since the contracts have been in place Vodafone and Blackberry have tried to make approaches and been turned down as this is with Medify. Therefore for BT, Vodafone or Blackberry to be able to run patient note access via mobile devices they would have to either partner or acquire Medify. All three are currently dealing with Medify and are watching the situation closely. BT are the company that historically acquires niche companies that can deliver/have contracts for areas in which it is not equipped itself. My friend is really digging, but can't get anyone to comment if it is BT who have started talks. He knows that several N3 directors believe in the Medify proposition and are in constant contact to find out lastest developments.
On top of this, merely working through the NHS bureacracy would make it much easier for a company to acquire Medify (and therefore own mobile patient note access for the foreseeable future) than develop and approve it's own system.
He thinks that once the NHS announcement domino falls then everything else will happen very quickly and would not be surprised if the first bid is made at next weeks meeting.
We'll see what happens.
..was apparently one of the guys who made the bid.....
Interesting correlation......
Anyone heard of I3IT?
These comments came from a BTN3 Director who said "MedifyRemote is one the most significant things to happen to IT in the NHS. We are sat waiting for it take off and are watching closely. It is a VERY similar situation to I3IT".
I3IT is now a wholly owned subsidiary of BT. (As stated one the I3IT website www.I3IT.com)
I3IT worked in an area of N3 supply that BT weren't contracted for. They set everything up and as soon as they gained NHS approval (approval, not contract) and became significant BT bought them. Instantly.
At the time they were the ONLY APPROVED supplier for their particular field. Sounds similar yet? And there's more. I3IT are based in Stafford (close to Medify) and when it was in it's infancy made a bid for Medify.
My mate can't squeeze any more out of Medify, as NDA's are now signed. But he thinks they are expecting a bid soon....
Thanks....
Will let you know what we find out.
What's the ask at the moment? (Contact is doing some research to find out who is likely to be selling and keeping the pps down)