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

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.

PHEW...glad to see the recent tree shaking has stopped...was getting worried.I suppose after the meteoric rise of late it was inevitable that we would see a pull back.A lot of nice buying today with 2 x 25000 buys going through this afternoon.The chart looked like a head and shoulders was forming and that might still be a possibility but IMHO i think the rise of today will continue.Fingers crossed. Good luck to all. Rick.

About time Cat shorted these!

Lol , what makes you say that Bones ?