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

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.

Upanddown - have you got a target price in mind? Cause again today its going strong. I Think its up about 20% this week alone!!

0.24p gain so far today, that's some rise!! Looking at the chart I would not be surprised to see these step back a little soon, unless good news on Ebiox is released shortly.

RobRocket these could go anywhere judging by what seems panic buying as I prefer a slow rise,now at 2.8p bid, weekend press comment could push further but as for targets I depart when I feel comfortable and at the moment, not at this stage.

Please watch out for yourselves as no-one else will

You have to look back as far as January '02 for prices this high. There was a peak of 2.35 then which will provide some resistance on the upside. A break of that, though, could take us all the way to 4p.

On the downside, the 2.4p level should provide support as it has taken the best part of 3 years to break above it again.

My current view, though, is that this is driven much more by fundamentals than technicals at the moment. The forecast is that HCEG will break into a modest profit (0.05p/share) in 2005, doubling in '06.

dclinton,don't know where you gleaned that info as prior to Nov 2003 it wasn't trading perhaps your getting mixed up with an old software company that used the name prior.As I believe HCEG was ressurected from a shell company.

Then again I may be wrong.

From http://www.armshare.com/index.php

updandown - the armshare site MarketData link for HCEG takes me to http://uk.finance.digitallook.com/cgi-bin/digital/security.cgi?ticker=hceg which shows year ends all the way back to 2001.

The data I'm working with comes from ShareScope which shows prices back to May 3rd 2000. It may well have been a shell up to Nov 2003, which would correspond to a sudden increase in trading volume at that point. From a purely chartist point of view, though, I don't think that's relevant, though as I said I think fundamentals are currently driving this more than technicals. It's still nice to have historic support levels.

Looks like we're getting a bit of consolidation today which is good. A few days of that will provide a nice support level for any further gains.

Buy 5000
Sells 1,263,099
If those are correctly reported trades surprised the SP has not dissapeared into the ground today!
Is the lack of support due to the dearth of news on Ebiox perhaps.

if no-one was mopping up the price would plummet either someone is or there is news on the horizon and someone (mm's) maybe saving up!.

The thing about market-maker controlled shares is that buys/sells don't always cause the expected response in the price. Looking at those figures, the market makers have just taken posession of over a million shares in what is quite a strong company. They are unlikely to drop the price and sell them back out to the market at a loss, are they? Instead, it seems to me more likely that they will put the price up. The market will then percieve strength and buy them back at a higher price than the MM's paid for them.

This is all very different to the SETS trading where individuals are selling directly to each other.

Doug

I assume the approaching consolidation of HCGE on the 10/01/05
i.e 25 to 1 share @ 2.50p means that the price of this share will drop to 2.50p
on or prior the 11th Jan 2005 or have I got it wrong ?

mc mahon...what it means in real terms mate, is that for every 25 shares you own, you will in future only own one, however it will be worth 25 times as much...eg if you own 50000 shares at 2.68 p the closing night before consolidation your holding they will be worth 1340 pounds...on the morning of the consolidation you will then own 2000 shares @ 67p ( which is 25 X 2.68p), which is worth 1340.

So in real terms no win or lose...the only benefit is to HCEG who will therefore have to manage far less shares as they are of higher value. However that must be good for us in the long term as cost savings to HCEG benefits us shareholders.
Also you mustnt lose sight of the fact that we have an odd perception that a company whos shares are 67p are likely to be much more professional and successful...strange but true

sit tight for 2005 and we will most probably reap the beenfits of this company who really seeem to be going places...have a good one mate...pb

cheers