Yes I know Im on holiday so Ill make it quick. Just had a phone call and an e- mail from a City pal of mine and hes drooling over this company. Hes a trust worthy chap and has given me some fantastic tips over the last 10 years.
Hes going on about it being a ten bagger, but I dont like that kind of talk, best to just see how the market rates it. He says theres going to be a lot of news flow so that should provide for a momentum driven price. Have to say I have never known him quite so excited about a stock. Ive just gone in and bought a nice holding.

Heres the e-mail he sent me. It might be worth your while having a dabble. Citywire seem to think its going to be a hit.

Health minnow makes strong return to market
Published: 11:51 Wed 22 Oct 2003
By Joanne Wallen, Associate Editor
Email to a friend


The chief of Healthcare Enterprise Group sold his last business to private healthcare firm Bupa and he's now raring to go again; the business may be worth a second look.

Shares in the 24 million AIM-listed business were suspended in August pending a couple of key acquisitions, and returned to the market on Monday after the deals were announced.


Healthcare Enterprise Group (HCEG) (HCEG) paid a total of 11.5 million for the Safa Group and Industrial Pharmaceutical Service (IPS) as well as a 60.7% stake in SafaTec. The company raised a total of 10 million via a placing of shares at 1p to fund the acquisitions and also took on 3.5 million of bank debt.


Chairman Stuart Bruck, who previously founded private medical services business Barbican, which he sold to Bupa in January 1999, is hoping to build a significant business providing medical services to corporate customers. He is hoping to be a consolidator in what he told Citywire is a very fragmented market.


Both Safa and IPS provide first aid kits, training, first aid suites and a host of other medical and occupational health services to large corporate customers such as British Airways, Marks & Spencer, BT, Sainsbury and government procurement agency OGC. Both companies also have advanced 'replenishment systems,' which enable companies to maintain adequate supplies to satisfy UK health and safety legislation.


Bruck said these acquisitions would provide a 'platform' for further acquisitions.


The company had previously accrued minority stakes in a total of 14 small healthcare services companies in the UK and the US. In March it listed on AIM by reversing into a cash shell.


Bruck said the minority stakes offered it an entry into the market, but the company has now decided to focus on wholly operating and owning businesses. It has therefore identified four of its US businesses that it would like to buy the remaining stakes in. These are all within a two hour drive of the company's Los Angeles office, and would be run from there.


The company has also 'packaged up' the remaining eight businesses with a view to selling each of its minority stakes. Bruck said the pricing being talked about is already ahead of the indicative pricing given in March.


Safa and IPS apparently already have a 30% share of the corporate medical services market in the UK. They are both cash generative from operating activities. Both companies are based in the North of England and do not have a huge penetration in London, where Bruck believes the company has 'a huge opportunity.'


He reckons they have so far penetrated around 50% of the FTSE 100, and therefore have a 'great client base' to which they should be able to sell additional services.

SafaTec has interests in a number of early stage companies that have developed some innovative healthcare products and technologies, which the company is hoping to commercialise. For example, Safa has secured a sole international distribution agreement with Ebiox, a manufacturer of a unique decontaminant and cleansing product range based on a patented formula. SafaTec UK has a 35% interest in Ebiox and HCEG is negotiating to acquire a controlling interest for the enlarged Group.


Bruck does not expect to make any more major acquisitions in the next year or so, but thinks there are a lot of small players that the company might be able to mop up.


'This is very exciting, I am looking forward to digging in,' he said.


Shares are currently at 1.7p.


Citywire Verdict:


The corporate healthcare market is becoming increasingly regulated, which favours HCEG. Bruck's track record should also be worth buying into.


The corporate structure looks pretty complicated at present with all of the minority shareholdings, but Bruck now seems keen to get the point quickly where HCEG controls the majority of the businesses it operates.


This is obviously early days, but for anyone that fancies a speculative punt on a penny share, HCEG is worth a second look.ENDS.

Well it looks very good to me although its a speculative punt, what isnt in the markets today. Good chance to get on board aswell on a bad day.

Please DYOR. You are responsible for your own buying and selling actions.

GF.

From the Independant
26 April 2004


Hot stock of the moment has to be Bioquell, a little biotech group which has developed a vicious spray to kill the hospital superbug MRSA. Its shares are up 70 per cent in a month. But shouldn't Healthcare Enterprises be generating the same sort of excitement?

Whereas Bioquell's product is a powerful spray that is pumped into a sealed-off room, Healthcare has a stake in (and option to buy the rest of) Ebiox, a new cleaning fluid that it says is also effective against the killer bacteria. The product was developed at Porton Down as a spin-off from the war on bioterrorism.

Ebiox is sold to 20 hospitals at present as a cleaner for surgical instruments and surfaces, and it is winning new contracts all the time. The company hopes to get contracts soon for the product as a handwash as well, with this new product being marketed for the first time within the next month.

Healthcare Enterprises has a boring, cash-generating business supplying first aid kits and health and safety training to corporations in the UK such as British Airways and Marks & Spencer, which it is using to fund its racier new products.

http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=515203

good find Janus

good one

Is this good news? Is it normal for people to take payments in shares in place of cash?


Healthcare Enterprise Group PLC
28 April 2004





HEALTHCARE ENTERPRISE GROUP PLC



Issue of Ordinary Shares



Healthcare Enterprise Group PLC ('HCEG') announces that it has today applied for
admission to trading on the Alternative Investment Market of the London Stock
Exchange of 1,406,750 ordinary shares of 0.1p each (the 'Shares'). Of these
shares, 1,250,000 are to be issued to Mark Stanton and 156,750 are to be issued
to Stan Yeo. Mark Stanton and Stan Yeo have provided consultancy services to
HCEG and have agreed to apply the consideration payable by HCEG to them in
respect of these services to subscribe for the Shares.





28 April 2004




Enquiries:


Healthcare Enterprise Group PLC Tel: 020 7659 6158
Stuart Bruck, Executive Chairman

College Hill Tel: 020 7457 2020
Nicholas Nelson/Corinna Dorward




http://www.uk-wire.com/cgi-bin/articles/200404281019090809Y.html

Upanddown - Yes it is quite normal and it is good news as it gives them the incentive to stay with the company and produce good results for themselves (and us of course).

What is happening with this one?

Troys, nothing. Short term deviation by a few panickers following RNS,picked up yesterday,all targets met states RNS hence share issue,looking good,expect them to pick up again today.

Thanks upanddown

Whats going on? which way are these going UP OR DOWN

Up and away long term, all over the place short term.

I Agree

I will be top up at this price - WHAT A BARGAIN

this is from a poster on ADFVN and explains EBIOX it's products and various info.

came across this http://www.movisys.com/examples.htm on one of the streams it has The Ebiox StreamRoom.It explains all about ebiox etc,you require realplayer and explains what it is used for.
may be of interest.

http://observer.guardian.co.uk/uk_news/story/0,6903,1232435,00.html

Story from todays observer

hotrott

Interesting article - they certainly haven't solved the MRSA problem yet so let's hope our ebiox becomes more in demand. See you have mastered the "copy and paste" and putting it to good use already!

JJ50 could you tell me how to copy and paste

results here

Company Healthcare Enterprise Group PLC
TIDM HCEG
Headline Final Results
Released 07:00 7 Jun 2004
Number 4580Z






Healthcare Enterprise Group PLC
Preliminary Results for the year ended 29 February 2004
Maiden preliminary results since transformation into an international healthcare company focused on specialised, high-value products, supply and services in the UK, Europe and the US.


Key points


Creation of the market leader in the UK occupational health and first aid sector


Announced today: agreement to acquire First Aid UK


Acquisition of pipeline of exciting healthcare products for major market sectors


Ebiox- rollout of decontamination products to combat MRSA and other infections


Focus on UK, US and EU growth sectors in healthcare

Proposed acquisition of First Aid UK Limited



http://www.uk-wire.com/cgi-bin/articles/200406070700104564z.html

Healthcare Enterprise Group PLC
07 June 2004


Healthcare Enterprise Group PLC


Proposed acquisition of First Aid UK Limited


Consolidation of market leading position in UK occupational health and first aid
sector


Healthcare Enterprise Group PLC ('HCEG' or the 'Group'), the healthcare products
and services company, announces the signing of heads of agreement to acquire
First Aid UK Limited. The acquisition, which is subject to agreement of
definitive documentation, should further strengthen the Group's market leading
position in the niche occupational health and first aid sector. This
transaction is expected to complete shortly.

The total consideration for the acquisition will be 2 million with
approximately half payable immediately and the remainder paid as an earn-out
over two years.

First Aid UK Limited generates revenues of approximately 2 million per annum
from sales of first aid kits and products to a wide customer base including NHS
and local authority customers and high street retailers. HCEG should benefit
from the operational synergies of this acquisition in the areas of management
and product purchasing. Additionally the enlarged customer base should provide
marketing synergies through the addition of a range of important new customers
for the Group's products and services.

First Aid UK Limited will continue to operate from its premises in Cheshire with
the CEO, Andrew Pear, widening his role to join HCEG as a senior manager with
responsibilities across the Group's occupational healthcare businesses.

A further announcement will be made upon the execution of a binding share
purchase agreement.


Stuart Bruck, Executive Chairman, Healthcare Enterprise Group PLC, commented:

'When Healthcare Enterprise Group was formed, our stated aim was to take
advantage of the consolidation opportunities within the highly fragmented
marketplace for manufacturing and distributing occupational healthcare and first
aid products. This proposed acquisition would position us firmly as a leading
operator in this niche marketplace.

'Under the deal we will welcome Andy Pear to the operational management team,
who will work closely with us in the management of our combined companies in the
UK.'