Extract from Times article :

http://www.timesonline.co.uk/newspaper/0,,2706-2217603,00.html

................OASIS IS COURTED

Shares in Oasis Healthcare leapt 40 per cent to 24p after the dentist chain said it had received several approaches to buy the company.

Oasis declined to comment further, but City sources said that venture capital firms, including Legal & General Ventures, 3i and HgCapital, were understood to be lining up bids at 30p to 34p a share in what is likely to be a hotly contested auction.............

Web Site : http://www.oasisdentalcare.co.uk/

Email News Alert : http://www.oasisdentalcare.co.uk/investors/email/

About Oasis Healthcare

Oasis Dental Care Ltd, is the UKs leading operator of dental practices in the UK, with over 120 practices throughout England and Wales. A wholly-owned subsidiary of Oasis Healthcare Plc, Oasis aims to become the national dentist of choice for patients, staff and associates, providing a recognised and consistent service.

History of the business

Oasis has acquired well-established, profitable dental practices with potential for expansion which satisfy specific criteria in terms of size, operating performance and clinical capability. Through investment in new surgeries, practice refurbishment and marketing, supported by the introduction of specialist services, such as Orthodontics and Implants, and increased focus on customer service and higher quality private treatment, the Company expects to achieve significant growth in practice turnover and profitability.

Oasis has undertaken a period of rapid growth since it was established in 1996. The key milestones have been:

1999 Oasis made up of four practices
2000 Growth to 12 practices and listed on AIM
2001 Acquisition of a further 23 practices
2002 Growth to 65 practices
2002 Acquisition of Ora Dental Group Ltd with a further 10 practices
2003 Acquisition of Dencare Management Group Ltd with a further 36 practices
Today Total estate of over 120 practices

The Oasis vision

Our vision is to be the national dentist of choice for patients, staff and dentists, providing a recognised and consistent service.
We aim to harness the capability of over 120 practices whilst recognising that dentistry is a local business which must respond to local needs. Our cluster model provides the balance required for our network of over 500 dentists and 1300 staff.
To meet our strategic vision we have therefore moved away from an overtly centralised business model to one structured into 21 geographically-based clusters of up to 10 practices.

The cluster model

Each cluster is run by a full-time cluster operations manager and a part-time cluster clinical director. This balanced management team - who are fully profit & loss accountable with the authority to make the majority of day-to-day capital expenditure decisions - ensure the application of local knowledge. This structure also ensures that staff and associates work in a culture of belonging to a wider Oasis community. This has a number of benefits:
optimisation of internal referrals
focus on local recruitment activity
sharing of resources, experience and best practise

Acting as a corporate body

Alongside the cluster teams we have five regional dental directors as well as the central clinical Board, formed of a majority of senior dentists. This team is charged with the construction and maintenance of our clinical governance framework, and to determine clinical support for the services we provide.
Our commercial team meanwhile focuses on optimising the commercial gains from our size and scope, including optimising supplier deals and implementing new products and services across the estate.

The future

In the short term Oasis will focus on the continued implementation of localised clustering and optimisation of profit from the existing estate. In the longer term we anticipate embarking on a structured acquisition strategy. We are confident that our vision and strategy will allow a success to be made from the corporate dentistry model.

Major Shareholders

Advent VCT--------------------7,508,113 (9.20%)
BLS Holdings Ltd Prtnship----6,749,964 (8.27%)
Singer & Friedlander IM Ltd--6,590,000 (8.07%)
Joseph Joe King--------------3,347,500 (4.10%) DIR
Goldman Sachs Group Inc-------2,855,500 (3.50%)
BWD AIM VCT PLC--------------2,542,500 (3.11%)

Here is the latest (June 06) update from http://www.armshare.com

The company broker's note dated 31st May 06 projects fully taxed adjusted EPS of 3.3p for 2006/7, 4.1p for 2007/8 and 4.9p for 2008/9 representing P/Es of 4.5, 3.6 and 3.0 respectively based on the share price of 14.75p at 31st May.

"
The final results to March 2006 showed sales of 82.5 million (2005: 74.9 million), operating profit of 2.4 million (2005: (384,000)), pre-tax loss of 366,000 (2005: (2.9 million)) and adjusted EPS of 3.36p (1005: 1.78p). The company reported that the growth was achieved from 122 practices (2005: 125); practice EBITDA was 10.9 million (2005: 9.1 million) representing 13.2% of sales (2005: 12.1%) - there are a number of practices, particularly within Greater London, which are achieving under 10% (compared with the target of 15%) and for which strategies are being formulated to deliver improved performance over the current financial year; capex was 4.2 million, of which 1.2 million related to 8 new Welsh practices and 2.9 million was on modernising 36 surgeries; debt was reduced to 37.0 million (2005: 39.5 million); working with Kodak, a new clinical IT system is being developed which will, for example, enable the viewing of patient records by both the referring dentist and the relevant specialist, irrespective of geography.

Research Standing

We said " With the heady days of expansion over, at least for the moment, its going to be a long course of treatment, as exertion of buying muscle and the drive for private patients opens a long road towards the necessary levels of returns. It hasn't been pain free yet, but when the current cavity is filled it may well be time for the healing process to begin."

The company broker's note dated 31st May projects fully taxed adjusted EPS of 3.3p for 2006/7, 4.1p for 2007/8 and 4.9p for 2008/9 representing P/Es of 4.5, 3.6 and 3.0 respectively based on the share price of 14.75p at 31st May.

COMPANY MEETING

ArmShare met the current CEO on 1st December 2005. Oasis has followed the well trodden buy and build strategy, and reached the stage where conventional business skills needed to be applied if the organisation was to deliver shareholder value. In 2004, the CEO who implemented the initial strategy left and his replacement (who joined in August 2004) brought in-depth experience of running retail multi-site operations. This lead to the implementation of the cluster infrastructure referred to above - the early signs are that this is producing a virtuous circle of being more attractive to dentists, providing a better service to clients, organic sales growth and better margins - these early signs were endorsed by the final results to March 2006. Continuation of the virtuous circle will make it quite straightforward for the company to handle what presently looks like excessive borrowings totalling 37 million at March 2006 (2005: 39.5 million). "


__________________________________________________________________

Recent Institution and Director Buying ;

19th Sept 2005 S Lambert buy 1.0 million @ 10.5p
19th Sept 2005 G Blomfield Buy 500,000 @ 10.5p
29th April 2005 Goldman Sachs Buy 2.855 million.
14th Dec 2005 Stephen Lambert Buy 100,000 @ 12p
3rd Dec 2005 Stephen Lambert Buy 165,000 @ 10.5p
3rd Aug 2004 Stephen Lambert Buy 35,000 @ 16.2p
_______________________________________________________________

Links :

Wales Feb 2006 Link

thought news would have been out after the guardian piece on 4th aug

Looks like we are building up to some news.

Oasis Healthcare PLC
19 September 2006

OASIS HEALTHCARE PLC

Annual General Meeting

At today's Annual General Meeting of Oasis Healthcare PLC the Chairman, Ron
Trenter, commented:

'I am pleased to confirm that trading in our current financial year is in line
with the Board's expectations. Total revenue (both NHS and Private) has
continued to grow. Excellent progress has been made with the new NHS contracts
that were introduced in April 2006 and our UDA (Unit of Dental Activity)
performance has been strong.

Our eight new Welsh practices are now fully operational bringing our total
number of operating practices to 130. Completion of our new Chepstow practice
is expected within eight weeks.

We have recently won tenders for 4 practices (16 surgeries) that will be
operational by the end of 2006. These will be funded from existing resources
and are anticipated to generate an additional 2.1million of revenue p.a.

We continue to review our product and service offering to our patients and
remain focussed on the recruitment and retention of good dentists to deliver the service we expect.

2006 has been a year of substantial change and progress. Oasis is now in better shape than it has been in the recent past and we look forward to reporting further progress during the current year.'

Oasis Interim Results will be announced on 28 November 2006.

shame there was no update on bid

Independent today:

Oasis Healthcare

Our view: Buy

Share price: 29.5p (+1.5p)

For much of this summer, shares in the dental practice group Oasis Healthcare were buoyed by takeover talks with three suitors.

The firm dismissed all three offers - the highest of which was pitched at 36p a share - as opportunistic. The bidders included rivals Associated Dental Practices, which has built a 13 per cent stake in Oasis, and Integrated Dental Holdings.

The Norwich firm is in much better shape than two years ago when Stephen Lambert was parachuted in as chief executive to turn the business around after it had run up big debts through rapid expansion. The latest results for the year to 31 March for the 130-strong chain showed losses cut to 366,000 from 2.9m on revenues of 82.5m. Debts have also become more manageable at 37m as cash flow has improved.

Mr Lambert has overhauled the organisation, creating clusters of dentists to allow decisions to be made locally, and focused on recruitment and streamlining the pay structure. In the spring, he faced down a pay revolt by around a 10th of the group's 500 dentists.

Oasis has just won tenders for four practices (16 surgeries) which are expected to generate an extra 2.1m of annual revenues. It is also making good progress with the new NHS contracts introduced in April. While chances of a takeover have receded, the firm's prospects look good. Buy.

http://news.independent.co.uk/business/analysis_and_features/article1621793.ece

It appears Oasis Healthcare is mentioned favourably again in today's Independent "Save and Spend" insert.

Oasis Healthcare PLC
02 October 2006

Director's purchase of shares

The Company announces that on Friday 29 September 2006 Stephen Lambert, CEO, completed arrangements for the purchase of 50,000 shares at an average price of 30.2p to take his holding of ordinary shares in the Company to 1,400,000 ordinary shares being 1.7% of the issued share capital.

Also, Andy Holdcroft, Finance Director of the acquired 12,500 ordinary shares being 0.02% of the issued share capital being his initial purchase of shares in the Company.

Moving nicely today

Up nicely today, results will be soon.

Nice results and nice response.

Responding nicely to todays news now :)

Wonder if we can get past 50p by March.......

Perhaps another takeover offer is coming in soon ?

Breakout time ? :)

Oasis Healthcare PLC 30 March 2007

Pre-close Trading Update

Oasis Healthcare Plc, the operator of 134 dental practices across the UK, ahead of its closed period for the year ended 31 March 2007, is pleased to announce that its business continues to develop well and that performance was in line with its expectations. The Company's preliminary results will be announced on 30 May 2007.

Sales from both the NHS business and the private business are ahead significantly year on year. We are particularly pleased with our progress in the first year of the new NHS contract. Revenues accruing to the NHS contract
continue to build steadily and we are encouraged by the very high level NHS contract retention rolling into 2007-8.

New Tenders and growth contracts won during the year amounted to 5.9m of annualised revenue.

We are pleased with the performance of 2006-7 and are well placed and confident of delivering significant further progress in 2008.

Stephen Lambert, Chief Executive commented;

2006-7 was a year of continued development and growth for the Company. Twelve new practices were opened and we completed three practice acquisitions. In the current year, two practices that were due to open towards the year just ended will now open in the new financial year and recently we have been successful in tendering for three new practices.

Nice movements.

Well done all holders !!!

OSH now nearing a 7 bagger for me, and more to come we hope :)


Oasis Healthcare Stmnt re Share Price Movement


RNS Number:6529V
Oasis Healthcare PLC
27 April 2007


Oasis Healthcare Plc ("Oasis" or the "Company")

Comment re share price movement

The Board of Oasis Healthcare Plc notes the recent rise in the Company's share price. The Board confirms it has received a number expressions of interest to acquire the entire share capital of the Company, all at a significant premium to the current share price. It is evaluating the position with its advisers, Oriel Securities Limited, and will make a further announcement in due course. There can be no certainty that any offer will be forthcoming.


27 April 2007

Nice news again today, multiple bids, lowest was 60p and this is rejected.....

Bidding war coming :)

Keep on going :)



Oasis Healthcare Plc ('Oasis' or the 'Company')
Further statement re: offer approaches

On 27 and 30 April Oasis Healthcare Plc issued announcements regarding the
receipt of a number of approaches to acquire the share capital of the Company.
It now announces that it has received a revised indicative proposal from the
party which had previously submitted an indicative proposal at 60p per share
which the Board had rejected. The revised indicative proposal at 65p per share
has also been rejected, again primarily on valuation grounds.

Oasis has separately advised the party that submitted the highest indicative
offer level that it is prepared to provide that party with further information
to assist it in finalising its proposal.

All the proposals received, including those rejected, were made subject to a
number of conditions and pre-conditions, including confirmatory due diligence
and finalisation of equity and debt financing arrangements and there can
therefore be no certainty that an offer will be made.

A further announcement will be made in due course. This announcement has not
been made with the approval or agreement of any of the parties which have
submitted the proposals and there can be no certainty that an offer will be made or as to the terms of any such offer.

2 May 2007

Ticking up some more too.

Bit of a move up end of day, wonder if news is not far away now on the takeover offers....... ? :)