Patientline is begining to reach critical mass with its penetration of the NHS.
This from their website:
"The market-leading pioneer of bedside communication and entertainment services within the NHS healthcare sector since 1994.
We offer a comprehensive solution partnering Trusts in delivering digital TV, telephone, free 24hr radio, internet, email and information services direct to bedside.
Our state of the art technology delivers a range of Trust focused facilities designed to reduce hospital staff workload thereby improving patient care.
Patientline is exclusively focused on providing bedside services and remains committed to improving the hospital experience for patients and streamlining patient care for our hospitals.
Patientline continues to be the market leader in offering bedside communication and entertainment services."

A round of fundraising in June 2002 saw the company raise 128m - this on top of 40 from its flotation in March 2001.
On 15th December, PTL delivered a strong set of results which reassured many in the city that the company is on track to corner the patient bedside information/comms/entertainement niche in the NHS.

The rollout is going to plan and PTL now has 51% share of the hospitals in its target market with 19% yet to decide.

Revenues are now at 16.1m - up 77% in the first half, with operating margins up from 44% to 50%.

PTL's business plan is augmented by the Government's Patient Power Directive which is promting bedside TV and communication services and has stipulated that any hospital >400 beds must have contracted a service provider by end of 2004.

However compelling the core business is , the exciting kicker here could be provided with the possiblity of dislpay of electronic patient records at the bedside. For anyone who has worked in the NHS and experienced the frustration of being slow - or even unable - to find patients notes, especially in emergencies, this could be very important if PTL's network is used to facilitate the bedside delivery of the Integrated Care Records Service.

Techncially, the stock looks strong having broken out of a 4 month consolidation.
Next level seems to be around 1.40 however any more positive newsflow could drive it quickly back to old highs over the 2 mark.
With the next few months seeing a number of key NHS IT contracts being awarded, 2004 could well be a pivotal year for PTL.

Please DYOR.

I have a brokers note should anyone care to read more - email me at ninadan@hotmail.com
http://www.patientline.co.uk

Plexus Secures Exclusive Supply Chain Contract With Patientline PLC
PR Newswire (US)
05 February 2004
[What follows is the full text of the news story.]
NEENAH, Wis., Feb. 5 /PRNewswire-FirstCall/ -- Plexus Corp. , a leading global provider of electronic manufacturing services, today announced that it has secured an exclusive contract with Patientline PLC to manufacture, supply and install the Patientline bedside multimedia and entertainment system.

The contract gives Plexus sole manufacturing rights over a two-year period and covers the whole of the UK. According to the agreement, Plexus will provide complete product engineering, testing, volume manufacturing and installation services for the bedside units.

The contract also includes Plexus managing the complete supply chain for Patientline from component sourcing to warehousing, logistics, installation and repairs.

The state of the art Patientline unit has now been installed in over 100 hospitals throughout the UK. The bedside unit brings TV, Telephone, Radio, Email, Internet and Entertainment access direct to the patients' bedside.

Ms. Jo O'Connor, Managing Director of Patientline PLC, added, "Plexus and Patientline have enjoyed a long and productive relationship which recently culminated in the appointment of Plexus to the role of exclusive Supply Chain partner. As Patientline's UK operation is currently installing hundreds of units per week in acute hospitals it is essential to maintain a highly effective supply chain and this new agreement will cement the strong partnership between the two organizations."

Andy Allen, Managing Director of Plexus Corp (UK) Ltd, commented, "This new contract has further strengthened the already close relationship between Plexus and Patientline, a relationship which has spanned 8 years. We look forward to continuing to help Patientline enhance their reputation as a supplier of a world class product."

About Patientline PLC

The Patientline system was first installed in Northwick Park Hospital, Harrow, early in 1995. By mid 2000, contracts were in place at 25 hospitals; demand was then further accelerated by the Patient Power initiative within the NHS Plan, published in July 2000, setting a target for the introduction of such services in all major hospitals in England by 2004.

Patientline is one of only four full licenses to provide Patient Power services and is still the only service provider with experience of providing a fully-managed, integrated communication and entertainment system across a substantial number of acute hospitals throughout the UK. For more information visit http://www.patientline.co.uk/ .

About Plexus Corp.

Plexus provides end-to-end product design, test, manufacturing, fulfillment and aftermarket solutions to branded product vendors in the medical, networking/data communications, industrial, commercial, defense and computer electronics industries.

The Company's unique materials and manufacturing solutions, strategically enhanced by value-added product design and engineering services, are developed to optimize lowest total cost, scalability and responsiveness for programs requiring flexibility, technology and quality. Plexus provides award-winning customer service to more than 150 original equipment manufacturers (OEMs) in Europe, North America and Asia. For more information visit http://www.plexus.com/ .

nice write up this weekend
:-)

In the newspapers I take it.

cheers GF.

Must admit, just love this company, cant wait for it to break into a ongoing net profit position. It has fantastic potential.

cheers GF.

On its way to 200p me thinks.

Cat's going to tip Harrier next GF (HRR)

Many thanks Dil, but this one will do me for a while what a fantasrtic break out. Think Cat is a magician.

cheers GF.

lol

Dil didnt know she was into the defence sector. Mind they are good planes.

cheers GF.

ps, keep buying PTL at this knock down price before it gets a way.

GF,

One hell of a jump in PTL's price today - 11p (7.5%). Seems an awful lot just on the back of the above news. I can see how an exclusive supply chain can give PTL cost savings and perhaps increased ability to react to circumstances, but I do wonder if somebody somewhere got wind of a new contract ?

Regards.

PitBull.

keep buying
:-)

Yes think your right.

cheers GF.

You gonna miss the boat on HRR if your not careful.

Everthing looks very promising with PTL.

cheers GF.

ps, hear its been tipped in Sharewatch this weekend.

Yes it got a small mention .... page 1 , 2 and 3 :-)

HRR breaking out GF.

Chart looks very strong.



Positive Candidate (Medium term) - Feb 11, 2004
Has risen 311% since the bottom on 4 Apr 2003 at 38.00. Is within a rising trend, which indicates a continued growth. The stock has support at p 72.00.


Period Vol.bal. Volatility Liquidity +/- %
1 day - 1.28% 75.22 -0.12%
5 days 31.09 5.43% 66.39 +9.31%
22 days 40.38 19.33% 53.76 +22.12%
66 days 37.70 46.11% 37.37 +108.42%

cheers GF.

Tipped in share watch`s latest. Has good track record by all accounts. Heres another source of usefull companies to watch. Again, a good track record.

Patientline was one of the companies covered at 78p. Called it spot on, and well ahead of the city pundits.
http://www.lemminginvestor.com/Patientline.html

From Robbie Burns site the frequenttrader on friday...........

"I did say I expected Patientline to be the share of the year and still feel that way, more good rises and hopefully the recent market maker tree shake shook out a few weak holders."

cheers GF.