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

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 ?

Not yet, I've just bought in. Missed the first boat to leave so hoping this one goes further.

Will buy these once I free some locked money. I shold have bought back in Dec, when I first spotted it. Will wait for another dip. Thanks

Lets not nitpick, we could all benefit from a little patience here. Time's on our side

Agreed, just love this company.

cheers GF

Down a tad at the opening but looking for this one to do big things this week.

cheers GF.

recently got out of Hosp & tried PTL. Internet is offline, some vending machines for the cards don't work, and the picture quality is at times a bit iffy. I was told someone would come bedside to supply a card by they didn't show. Had to find another machine in another ward. Very little in the way of instructions or terms & cons are available to the patient either on screen or in writing.

Certainly a useful and popular service, partic the phone & long term a winner. My only worry is that like Cable TV, the huge infrastructure cost will have a long payback time and will need good bank support to get to critical mass.

I'll stay out for now, there's too much future priced in, IMO.

Hi Folks

Am totally new to this game but liked the look of this one (AQP). I tried to buy on line and by phone and was told by both firms (Ample and Hoodlessbrennan)that I was unable to deal in this share.

Can someone please explain why this is? Any advice would be welcome.

Cheers

B2B

Share price seemed to have tumbled away recently from 160p-odd to 128p (and falling) today. Any thoughts why - lack of news ? something nasty becoming known ? bit of profit taking after a good run ? worry abut annual results ?

BTW#1 Anybody know when the results are out - I see the year end is 31/03 so assume sometime in mid-May ?

BTW#2 Looking at the yearly graph, is it forming what's know as a head-and-shoulders, and what is the general meaning/result of this ? (as you can tell, I'm not a chartist !)...

Regards.

PitBull.

Well at last a turnaround after a few days of profit taking.

cheers GF.

You taking the p*ss by any chance PitBull ?

I would also like to know what one of these "head and shoulders" things mean, should i buy some?, help!

Dil - huh ? in what way ?

Regards.

PitBull

PitBull
Ignore him, he's probably drunk, just rang my mum, she says a H&S is bearish, so i'm not buying yet, she actually said, and i quote.....

"Dailos my darling, The head and shoulders pattern is generally regarded as a reversal pattern and it is most often seen in uptrends. It is also most reliable when found in an uptrend as well. Eventually, the market begins to slow down and the forces of supply and demand are generally considered in balance. Sellers come in at the highs (left shoulder) and the downside is probed (beginning neckline.) Buyers soon return to the market and ultimately push through to new highs (head.) However, the new highs are quickly turned back and the downside is tested again (continuing neckline.) Tentative buying re-emerges and the market rallies once more, but fails to take out the previous high. (This last top is considered the right shoulder.) Buying dries up and the market tests the downside yet again. Your trendline for this pattern should be drawn from the beginning neckline to the continuing neckline. (Volume has a greater importance in the head and shoulders pattern in comparison to other patterns. Volume generally follows the price higher on the left shoulder. However, the head is formed on diminished volume indicating the buyers aren't as aggressive as they once were. And on the last rallying attempt-the left shoulder-volume is even lighter than on the head, signaling that the buyers may have exhausted themselves.) New selling comes in and previous buyers get out. The pattern is complete when the market breaks the neckline. (Volume should increase on the breakout.)

Love Mum xxx

P.S here's a picture son...