Healthcare Enterprise Group market a product called "Ebiox" which is one of a very few that can kill most bacteria including the MRSA superbug. HCEG has contracts with some NHS hospitals at present, but given the recent and current news and public attention, HCEG should be a good bet for a steady rise as more places seek to cut the number of casualties from this infection. HCEG also market abroad in USA, so the potential market for this unique product is massive indeed.

Well worth a punt IMHO

Check it out for yourself

Telegraph today report Health Minister John Reid's speech in which he identified eibox as the right stuff.Good news again but sp not moved up much. Probably the 25 for 1 consolidation is holding it back.A lot of people will wait until the sp steadies at 50p or whatever.

bid could be held back to allow further institutions to get on board at a set price and drop in an occasional large sell and it keeps the price remaining even without going beserk.

Believe this was a no brainer bearing in mind HCEG products have passed everyone else's tests (check all previous RNS's)

Note EU handrub tests back in July 2004http://www.uk-wire.com/cgi-bin/index?search_type=3&words=hceg&go.x=22&go.y=14

This continues to climb at a steady rate. reaching the kind of levels it did previously befor its retracement. Needs to find support as it has done and this could and should go onto great things. No idea on what price it could climb to but 5p must be a target within a 3month period? Afer that.....hold on. It goes without saying DYOR.

Although a holder I'm not impressed by management...the AGM was a real let-down like the School Govenors were talking to an intake of first-year pupils. That was some time ago and we have seen very little product activity - if you had such a wonderful product, why wouldn't it be in the public arena in record time?
(ignore the NHS route, just flog it through Boots/ASDA)
/
What we are left with is a company with millions of shares (soon to be consolidated 25:1 ) which have not shifted much product and whose sp is within a wisker of what it was when the Good News was first thrown to eager investors.
//
On MRSA itself, I can claim no Authority, but FWIW if we all carry the seeds of MRSA then cleaning a ward will not help - the MRSA will return with the first humans to enter. Until you can breed cloned-sterile medics, hospitals need another way to combat MRSA. I think the "hand-washing" is a smoke-screen and it's being played out to keep the Public from panicing. - - -Once installed - - - we can watch the MRSA fall to zero -(I don't believe it!)
//
Isn't it like blocking up the keyhole (of a door) to guard against nuclear fallout (dust) when the windows are open? The promise of a cure (by getting staff to wash their hands every few minutes ), seems a little unrealistic....you'd need a 30% increase in staff to keep changing the bottles and make-up the nursing-time lost, etc.

Don't you just get the feeling that MRSA is not about to be cracked, yet?

I am not convinced HCEG will make me a profit, either.

there is more to HCEG than Ebiox.

hangon, if your views on the use of Ebiox were applied to other hospital cleaning agents that are presently in use. Death through contamination would be rampant. Any product that reduces the presence of germs in such confined areas, at temperatures that encourage bacterial growth, must surely be used.
Do ask your self a question. If you were given the choice of recuperating in a ward cleansed by Ebiox or in one that had not been, which would you choose?

Hangon why don't you check things out prior to writing below is the link to the interims on 17th Nov 2004 and look it says they made a small profit.

You may not of made a profit but they have.


Healthcare Enterprise Group PLC
17 November 2004

Healthcare Enterprise Group PLC

Interim Results for the six months ended 31 August 2004

Acquisition of Crest Medical From Unichem Ltd - A Division of Alliance
Unichem plc

Interim results for the international healthcare company focused on specialised,
high-value products, supply and services in the UK, Europe and the US.

Key points

Maiden profit of 0.3 million profit after interest, tax and
exceptionals, on turnover of 5.6 million following the company's expansion
into UK occupational health and first aid sub-sector where it now has a
leadership position



http://www.uk-wire.com/cgi-bin/articles/200411170746233212F.html

This reads like good news to me. Does this mean that if I own say 100,000 shares at the moment I will get 4000 extra shares issued to me worth 2.5p which I am free to sell straight away and my existing shares will still be worth exactly what they are. I know this is all going to seem so obvious to someone but I just need to fully understand this 100%. Thanks for input and any clarification.



Extraordinary General Meeting - Proposed Ordinary Share Capital Consolidation

The Board of HCEG is pleased to announce proposals to consolidate the Company's
ordinary share capital on the basis that for every 25 existing ordinary shares
with a nominal value of 0.1 pence each owned by a shareholder on the record date
(being 6 p.m. on 10 January 2005), they will receive 1 new ordinary share with a
nominal value of 2.5 pence.

Edit

i am a little confused i thought it meant for every 25 shares owned it would be replaced by 1 meaning a holding of say 100,000 would give you 4000 shares in their place thats what happened with MXC ....if someone could clarify for me please
this is what i have
The process by which a company changes the structure of its share capital by reducing the number of shares it has in issue and increasing the par value of each. For instance, a company with 100,000,000 shares in issue having a nominal value of 10p might consolidate on a 1-for-10 basis, reducing the number of shares to 10,000,000 and changing the nominal value to 1. As a shareholder, the number of shares you own would be reduced, their nominal value would rise to compensate, and the market price of the shares should also rise to reflect the greater 'ownership' which each share represents in the company.
In the case of MXC the share price jumped from 10p to about 1.50 but your holdings were reduced all round it still meant a profit
Note that a consolidation is the opposite of a scrip issue, in which the number of shares rises, and their nominal value and market price falls

I notice that several buy trades for 250,000 shares have gone through, two of them broker to broker. That reads to me that some of the brokers are not carrying stock. Now that could be interesting if the buying really hots up :-))

Spread down to 0.82% now that's tight!!

Zul187 your right it's 1 share for every 25 owned all it will do is make the shares more attractive to others who ordinarily would not buy stock at such a price, after consolodation these will rise will rise.

RobRocket
Afraid it isn't as nice as that. It's a 25 for 1 consolidation - which means 100000 becomes 4000 at whatever the price adjusts to become. At today's spread that would be 60.5/61.25.

I've made a bit on these in the past but will not chase these prior to consolidation. All those I've been in before seem to pull back after the consolidation - so will look to try and get back in around 50p - or current price 2.00p

Good luck to those who are sailing in her.

Just one sell trade so far this AM. Spread down to 0.402% MM's wanting to trade and looking for stock I think.

Continues to climb well, seems to be no stopping this baby at the moment. Long may this continue. Thanks for all the comments earlier on this thread, much appreciated guidance. Lets see where this one is heading: Blue Sky hopefully.

I've sold. Good luck all.

Early Simon? I think there is much more upside here. But if you have made the profit you want, that's what it is all about.

No intention to deramp this stock because I think it's a great story. However, I just hope people are aware of the implications of consolidations. My own experience is that they have invariably led to pull backs after the new price is posted. As I said earlier up the thread I will be watching them closely to see if I can get in on any pullback.

Might be completely wrong - if so then que sera - but at least I will feel as if I've stated my fears - and proved to be incorrect. Otherwise they would be a screaming buy on any fall back to about 2p/50p. Current post-consolidation price will be 60/66p.

Good Luck

long way to go before the 10th so could climb a little further before then,if you think a retracement likely following that date I'm sure in the longer term they will soon recover.