Updates

Medica Group

September 2020

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.

Shares in Medica, the provider of outsourced teleradiology services, have recovered well from lows of 100p to the current 135.5p. The group has said it expects revenue for H1 to be £17m, compared to £22m in the same period last year due to the impact of Covid-19 on radiology reporting activity. However, since then activity has improved towards levels experienced before the pandemic. For Nighthawk, the out of hours service, reporting activity has returned to around 95% of the pre-Covid level.The routine (elective) side has started to improve and is now 10% of the pre-covid level and Medica expects volumes to further pick up as NHS hospitals work to process the substantial backlog of elective procedures. < ...

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Vistry

Abcam

Medica (June 2023)

Medica (June 2021)

Medica (December 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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