ALCIDION GROUP (ALC) Shares

ABOUT ALCIDION GROUP

Alcidion Group Limited, formerly Naracoota Resources Limited, is an Australia-based health informatics Group.

The Group solutions focus on Emergency Rooms, Inpatient Services and Outpatient Departments, and are built upon health informatics platforms, which incorporates an electronic medical records (EMR), clinical decision support engine and electronic smartforms.

The Group has a history dating back to 2000, when it was first founded in Adelaide, Australia.

In 2007 the Group’s Patientrack product entered the UK market, and in 2018 the company expanded its portfolio with the purchase of Oncall Systems, the provider of Smartpage. After the further acquisition of MKM Health and Patientrack, these three products became consolidated under the Alcidion brand in 2019.

OVERVIEW OF ALCIDION GROUP

• Today, Alcidion Group’s products and services are used by 215 hospitals across the United Kingdom, Australia, and New Zealand, as well as 42 healthcare organizations. The company has 11 000 active users and 30 000 hospital beds use its technology.

• The company’s solutions include Miya ED, Miya Patient Flow, Miya Clinicals and Miya Clinic. Its Miya ED provides a set of clinical dashboards and emergency-department (ED) whiteboards. Its Miya Patient Flow System is an e-health guidance system, which offers integrating electronic journey boards, mobile EMR data capture, EMR software and a monitoring system. Its Miya Clinicals offers a suite of applications and services to the existing health information technology (IT) infrastructure. Its Miya Clinic Outpatient Software and Referral Management System optimizes the outpatient processes from referral through to discharge.

• There is growing demand in the healthcare industry for the use of IT in order to transform healthcare delivery as the workforce becomes increasingly disenfranchised. With the ongoing digitalization of healthcare, the adoption of platforms like Miya Precision is gaining momentum.

• To this end, the Group has demonstrated that it is well positioned to seize upon this market opportunity.

VISION & VALUES OF ALCIDION GROUP

• As a globally operative Group, Alcidion Group seeks to remain transparent with all its stakeholders, whether it is shareholders or the many institutions that utilize its solutions.

• To this end, the Group maintains strong stakeholder relationships through ethical best practice, and delivers on its promises from start to finish, ensuring that the many patients and healthcare providers who work with the Group are ensured quality care and the best solutions to the diverse challenges with which the industry is faced.

MARKET PERFORMANCE OF ALCIDION GROUP

• Alcidion Group Limited trades on the Australian Securities Exchange (ASX), where investors can buy shares under the stock symbol –ALC.

• Data from the Group’s 2019 financial analysis shows Revenue generated from services also contributed significantly to 2019 results, making up US Dollar 9.3 million of the US Dollar 16.9 million total revenue.

• The Group recorded a 300% increase in statutory revenue, a 33% increase on combined proforma revenue, and US Dollar 2 million of positive operational cashflow.

• This strong performance, combined with the Group’s highly differentiated portfolio geared towards a market with increasing demand, sets it in good stead to gather returns going forward, providing a rising share price for investors with good long-term growth in dividends, and securing a solid buy-in for those who choose to purchase shares today.

Buy ALCIDION GROUP stocks / shares – A Step by Step Guide how to Buy / Purchase ALCIDION GROUP Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy ALCIDION GROUP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN ALCIDION GROUP STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE ALCIDION GROUP STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of ALCIDION GROUP stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy ALCIDION GROUP stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?