after yesterdays agm statement the share price has risen 50% how much upside is left or is this another false dawn?
http://www.alexa.com/data/details/traffic_details/thewellnessshop.co.uk
womans hour link below.
http://www.bbc.co.uk/radio4/womanshour/04/2008_08_mon.shtml

So what does the panel think of the takeover????
Alan

Cannot access the news item here - can anyone help??
thanks

Healthstar Group plc
15 March 2006


Not for release, publication or distribution in or into the United States,
Australia, Canada, Japan or any other jurisdiction if to do so would constitute
a violation of the relevant laws of such jurisdiction

For immediate release 15 March 2006


Recommended Proposal for the acquisition

of HEALTHSTAR GROUP PLC

by ULTRASIS PLC

to be effected by way of a scheme of arrangement

under section 425 of the Companies Act 1985



Highlights


- The Boards of Ultrasis and Healthstar announce that they have reached
agreement on the terms of a recommended proposal (the 'Proposal') whereby
Healthstar will be acquired by Ultrasis

- The consideration comprises 28.3 New Ultrasis Shares for each
Healthstar Share which values the entire issued share capital of Healthstar at
approximately 2.9 million

- The consideration values each Healthstar Share at 65.1 pence (based on
the Closing Price of one Ultrasis Share of 2.3 pence on 14 March 2006, the last
Dealing Day prior to this announcement), a premium of 53.2 per cent. over the
Closing Price of one Healthstar Share on that date

- The Ultrasis Directors believe that the acquisition of Healthstar
represents an excellent strategic opportunity

- The Proposal will be effected by way of a scheme of arrangement of
Healthstar under section 425 of the Companies Act which has received the
unanimous recommendation of the Directors of Healthstar who have given
irrevocable undertakings to vote in favour

- The Proposal will enable Healthstar Shareholders to participate in the
benefits expected to arise from Healthstar becoming part of the enlarged
Ultrasis Group

Commenting on the Proposal, Gerald Malone, Chairman of Ultrasis, said:


'Today's announcement marks a further step towards Ultrasis' objective of
building a substantial business delivering computer based cognitive behavioural
therapy and education in both clinical and retail markets. By acquiring
Healthstar, Ultrasis will have acquired a business which complements our
products, protects our market position, extends market reach and provides
opportunities to add value to our existing products and intellectual property.'


Commenting on the Proposal, Geoffrey Parsons, Chairman of Healthstar, said:


'The Proposal represents an opportunity for Healthstar Shareholders to become
shareholders in an enlarged Ultrasis Group which will be better placed to take
advantage of the opportunities available to exploit Ultrasis' technology across
all markets.'


The formal documentation setting out the details of the Proposal, including the
Scheme Document setting out the procedures to be followed to approve the
Proposal and the expected timetable will be posted to Healthstar Shareholders,
together with Forms of Proxy, as soon as practicable.

Many Thanks hewittalan6 - p/271

The companies are already linked so I suppose it makes sense to complete the join?:-

For Immediate Release 3 December 2004


Healthstar Group plc

First Day of dealings on the Alternative Investment Market ("AIM")

Healthstar Group plc ("Healthstar Group" or "the Company") (LSE: HSR), the
holding company of a newly formed group which intends to build a substantial and
profitable business developing, marketing and selling life improvement products,
is pleased to announce its flotation on AIM today.

The Company has raised 2.25 million via a placing at 50 pence per share.
Marshall Securities is acting as the Company's nominated adviser and broker.

Key points

Healthstar has acquired Mindtech which has the exclusive right to exploit
products and intellectual property rights of Ultrasis in English speaking
consumer markets worldwide.

The Group's first consumer products will use the Ultrasis product and
technology platform to address problems associated with compulsive behaviour,
stress, anxiety and depression.

The Board expects that Healthstar's revenue in the UK will derive
primarily from premium rate calls made to Healthstar helplines. Healthstar
intends to offer advice on topics of concern by means of pre-recorded telephone
messages, with the caller being guided through a series of voice prompts in
order to receive helpful and relevant information and guidance. The subject of
the first such product is intended to be alcohol management. Healthstar also
intends to develop information packs, CDs, books, merchandise and other products
and services for marketing and delivery through conventional channels.

The Group intends to carry out a test marketing in the US to establish
the potential for selling a sensor-based interactive product to consumers by
means of an "infomercial". This product will teach consumers relaxation
techniques in order to alleviate stress, anxiety and sleeping problems.

The Group aims to generate revenues from its own sales of products and
services and potentially from third party sub-licence income.

The net proceeds of the Placing will be used primarily to acquire
Mindtech and repay its indebtedness and to complete the development of the
Group's initial products. The balance will be used for working capital and,
potentially, for complementary small scale acquisitions.

Commenting on the flotation, Jim Merriman, Managing Director of Healthstar,
said:

"We are delighted to be joining AIM today. The placing will provide funds for
the development and implementation of our product offering in the UK and for the
test marketing of our sensor-based product in the US. We see significant market
potential for life improvement products based on proven technology to be
delivered directly to individuals using modern communications channels. We look
forward to reporting our progress to the market over the coming months."
kim

More excellent news, this is a med/long termer but all things are looking positive for a great future...

Heathstar website is at:-

http://www.healthstargroup.co.uk

AdieH With this latest deal its becoming more of a medium term play IMHO; ULT will now be able to distribute BtB and the rest of its products via the web, on a short term rental bases with there profit margin being in excess of 96% what will this do to the bottom line....just with the english speaking countries throughout the world....

This stock is doomed.

Haystack,
Any reasoning for that statement?
Alan

Have you seen some of the comments on other BBs?


cgldsmth - 15 Mar'06 - 20:40 - 20259 of 20280

"if ULT weren't expecting great things from BtB, why would they have bothered buying Healthstar?"

Because they had no choice. HSR were going to pull out of the deal like Psychology at Work leaving ULT liable for costs. ULT took the least damaging public route and bought HSR.

But be under no illusions the markets know what's going on here, hence the drop in today's price.

dont normally post in here,but i reckon haystacks is a shorter,,this is a share to hang on to

No. I don't short stocks.

go over to a d v .. you know how, haystack is synonimous with

Look at the chart!

Sorry Haystack, respect your opinions, which are your own as are mine, but charts ultimately prove jackshit! Too much reliance on charts these days, the proof is in the pudding etc. if the product is good, the sales team are up to it, the buyers are listening, then the jobs a good one yes? no? !! Charts don't always work!

What is wrong with this stock?

Their performance has been good of late, some good contracts coming in but still it drops and drops. It's driving me nuts!

The Market Expects!!!
We live in a very fickle world of intant results and profits, else you're dropped from favour very quickly.
The deals will probably come, in the fullness of time, but in the meantime everyone runs out of patience. If you can keep patient, I think this will be very rewarding (already is for me). Health Authorities are not the quickest of clients to sign on the dotted line and can spend months performing due diligence and negotiating. I am not worried by the slow drift because when the signatures start, the stock will be flavour of the month again.
Good luck,
Alan

i agree with alan ..... i don't see this stock as a flyer, nor even as a "must have", but if you already hold, then definitely stay put as i think there will be profits to be made over the coming months

I assume you are the same cynic I see in LSE - good to see you!

I was unfortunate enough to get in at around 2.4 so am being caned here! However I have hung on thus far and will just keep my fingers crossed for the future I think! I agree with the time it takes for Health Authorities to do the deals so yes - I will grin and bear it.