Mediclinic Share Discussion Threads

[noirua] 14/6/2023 22:57

Change of Name to Bluedale Minerals PLC

[noirua] 13/6/2023 09:52

12 Jun 2023 AP01 Appointment of Mrs. Lorna Mukami Ndungu as a director on 1 June 2023.

[noirua] 28/3/2023 07:32

Companies House - 27 March 2023
Statement of capital following an allotment of shares on 24 March 2023
GBP 7,742,402.931

[noirua] 06/3/2023 11:44

06 Mar 2023 Accounts for a dormant company made up to 30 September 2022
This document is being processed and will be available in 10 days.

[noirua] 06/1/2023 23:02

Companies House
6 January 2023

[noirua] 16/9/2022 19:07

Companies House
16 Sep 2022 Resolutions
Resolution of allotment of securities
Re: sub-division 30/08/2022
Resolution of varying share rights or name
Resolution of removal of pre-emption rights
Resolution of alteration of Articles of Association
This document is being processed and will be available in 10 days.

[noirua] 15/9/2022 17:27

Companies House Update
15 Sep 2022 SH01 Statement of capital following an allotment of shares on 30 August 2022
Statement of capital following an allotment of shares on 30 August 2022
GBP 7,742,258.911

[slamdingo] 26/8/2022 11:23

Well, looks like I might get 2 shares in a new company. Hope they're worth about £5K each!

[noirua] 25/8/2022 20:29

Companies House

[noirua] 25/8/2022 20:20

MEDIA CORPORATION ORD GBP0.001 [ Formerly AIM: MDC ]
Event TypeConsolidation (reverse split)
DescriptionProposed Consolidation

Ratio: 1-for-100,000
Meeting date: 30th August 2022

Media Corporation plc has announced a 1-for-100,000 Consolidation, whereby holders will be issued with 1 new share in exchange for every 100,000 shares held. The Consolidation is subject to shareholder approval at the general meeting due to be held on 30th August 2022.

New shares will be issued to entitled shareholders upon receipt of the stock from the company.

[ec2] 07/7/2022 11:16

New cash offer proposal of 504p per share subject to completion of due diligence. MDC say they would recommend this to shareholders if formal offer forthcoming. I wonder if a counter offer will come from private equity. The 30 pct stake in Spire Healthcare is valuable and could be easily sold off.

[ec2] 27/6/2022 20:38

Breached the 460p takeover offer price today. The consortium has already announced they have 44% of the shares so it unfortunately won't take much, I suspect, to pick up sufficient to breach the magical 50%. MDC's 30% stake in Spire Healthcare has been doing well and recently upgraded off the back of the bonanza they are having off the back of long NHS waiting lists. The consortium have until 5pm on 7th July to make a formal bid. A bid at 460p looks very opportunistic to me but they might just might get away with it.

[ec2] 09/6/2022 22:27

Today's approach looks pretty opportunistic to me. Values company at 21x 2022 norm EPS or 15.6x 2023 forecast EPS. I was currently back of the envelope conservatively valuing these somewhere north of 550p based on 25x 2022 reported numbers. EPS are forecast to grow significantly over the next few years as follows: 2023 29.59p, 2024 31.66p, 2025 36.61p.

[typo56] 09/6/2022 07:56

Director bought 20k on 25 May. Approach officially made 26 May.

Price has risen 20% since 25 May.

Smells IMO.

[babbler] 09/6/2022 07:46

yes. Rns out. Takeover proposal. Rejected.

[typo56] 08/6/2022 16:28

Anyone know the details of the story behind the rise towards close?

[ec2] 01/6/2022 10:43

Bought these last summer as a COVID reopening play and they steadily started to rise, but then held back by Omicron. The future is now looking brighter again. Excellent results last week, and a significant director share purchase. Trading is up at pre-COVID levels with strong demand for their private hospitals and healthcare services as two years of backlogs and long waiting lists need to be cleared in addition to the ongoing normal back to business as usual demands. Looks a like a great deal of recovery to come in the share price.

[km18] 03/5/2022 16:00

Mediclinic International plc encompasses subsidiaries operating in private hospitals in hopes of offering acute care and multidisciplinary healthcare services to patients. companies worldwide. The firm is also involved in the provision of treasury, hospital equipment and procurement, emergency medical, healthcare management, food and catering, debt collection and related services. As a result, the firm is segmented into different healthcare divisions to focus on intellectual property holdings and medical stores/pharmacies, causing the group to enlarge its network of laboratories for collaboration on accurate medicine diagnostics. Considering the ample innovative projects, Mediclinic International delivered a revenue growth of 8% due to surge in client activity, which in turn caused profit to rally by 14.2%. The recovery in profitability and solid cash conversion led to substantial reduction in leverage ratio, hence the firm is lowly geared and thereby positive momentum is expected, given the emerging client activity. These plausible initiatives enabled the firm to derive an attractive EV/EBITDA of 9.09x, resulting in an EPS growth of 27.3%. Despite the plausible corporate news, the firm is trading at a discount, illustrated by the P/E of 13.8x, which is lower than the Healthcare sector P/E of 26.3x, hence the firm is expected to surge in value.



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[brut winky] 09/4/2022 15:48

Looking at picking some of these up, bit late but looks like still some way to go.

[noirua] 07/2/2022 10:35

MEDIA CORPORATION PLC

Company number 04058698

[ec2] 18/10/2021 12:37

I'm interested. Bought these back in the summer as a less obvious re-opening play. Friday's trading update and 12% jump in the share price shows it's working. Based on the 4% increase in pre-COVID earnings I'm looking for the share price to continue to move up towards the pre-COVID level. Private hospitals are a good source of growing steady income. Let's see if there is much of a retracement from Friday's big jump.

[alloa2003] 01/10/2021 13:32

No interest in this one?

[bobby.ifa] 27/7/2021 07:35

Drummond has moved on just a night-watchman looking after an empty garage.

[bobby.ifa] 27/7/2021 07:35

Drummond has moved on just a night-watchman looking after an empty garage.

[noirua] 26/7/2021 17:17

Media Corporation PLC:

Directors:

Accounts for a Dormant Company - July 5 2021