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

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

I wonder if anyone can remember any company that played with its share-structure, that subsequently benefited the retail shareholders (ie us punters) maybe over two years before the consolidation, to two years afterwards?

It seems to me to be an act of desperation, to try and get some life into any sp.

As to reducing cost for the company I don't see it - they still have to have audits, send out accounts and hold AGM's - apart from some tiny holdings that are swallowed up (sometimes cashed) the only effect is a perceptional one (as others here have said) -and for that one has to wonder why the shares were so lowly-priced before, or was this a wheeze to give their Brokers an extra job?

HCEG does have Ebiox but it is not true it's the only answer to MRSA, there are competing products from large companies although there are two fundamental problems to overcome //IMHO:-
1) getting everyone in hospitals to use it
2) not letting the superbug grow resistant to our efforts.

I understand the iodine wash (used before Ops) would kill MRSA, except it leaves you looking orange(if applied on Wards). TV Reports of people who have contracted MRSA after Ops seem to have it "internally" perhaps because their natural defenses are suppressed. The MRSA bug is said to originally reside in our noses (without doing harm)- so the whole process is not just hand-washes. Let's hope they send out fresh Certificates so we don't get the problems of selling many that we don't own.

If HCEG has made a profit it will be quite small as their turnover is low compared with capitalisation (prior to buying a distribution company) and shareholders will pay for the many Director Options. Profit is only any good when it is distributed to shareholders - then we can see the return against the risks.

I have sold and moved on as I have had burnt fingers before. eg. Baltimore--I used to own 4500 valued around 8000 I now own 3 !! after two consolidations, just another word for robbery!

Decided to hedge my bets and have sold half my holdings. Sitting on a 30% profit at the moment so may as well free up some money to put elsewhere.