Ann: ALC signs contract with Sydney LHD for Miya Precision, page-69

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ramstan

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08/07/20

04:38

Post #: 45710365
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Originally posted by Subs: ↑

I agree that this industry is a slow grind, in fact I know it first hand, but the additional funding and focus on digitising healthcare is here now. Covid-19 has seen it come to the forefront quicker and with more focus imo.

I expect a run of news flow created by the NSW Health / Alcidion colaboration over the next 12 months and I truely believe, through the research I have carried out, that the result could be a game changer for Alcidion.

Not to forget the UK expansion, again the UK hospital system (NHS) is already fully funded to move digital, but it is also certainly facing a longer delay than here in Australia due to Covid-19.

The most excitng thing at the moment in my opinion is that we may in the near future see a run on takeup of product and services just like Alcidion offers due to a "perfect storm" scenario playing out. One that provides a flurry of "sticky" customer opportunity for Alcidion to transform itself into something much bigger than we see here today.

Ive been holding this for years (close to the beginning in fact), and patience in this industry is most certainly a virtue, but I know the sales process here into this industry first hand, and I believe Alcidion is on the cusp of some big opportunities coming to fruition.

Broker data also shows accumulation by Institutions of late (as does the day to day trading style going on). Small recent contracts and comments by management and NSW Health themselves back up my thought process too.

The lull we are experiencing is imo to remove the impatient day trader types from the register while we await the catalyst.

All my opinion of course, people should do their own research (outside Hot Copper).

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Good analysis. In your research are you aware of the major competitors?

ALC Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Ann: ALC signs contract with Sydney LHD for Miya Precision, page-69

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Ann: ALC signs contract with Sydney LHD for Miya Precision, page-69

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