Updates

Medica

June 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares soared after Medica received a cash take-over of 212p a share from IK Partners, a private equity group specializing in healthcare. The deal represents a 32% premium to the price on the day before the bid and it has received irrevocable undertakings of support from 20% of Medica shares. Highlighted in November 2018 at 150p, I think the progress it’s made on debt reduction and expansion into new markets would warrant a more generous premium in better markets. I am accepting the offer. Gain: 41%. ...

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Restaurant Group

Medica (June 2021)

Medica (December 2020)

Medica Group (September 2020)

Medica Group (May 2020)

Medica Group (September 2019)

Medica Group - Net debt eliminated (May 2019)

Medica Group (April 2019)

Medica - Fast growing provider of teleradiology services looks very cheap (November 2018)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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