Nmc Health Share Discussion Threads

[aishah] 12/10/2015 10:07

Investec reiterates BUY, Ups target to 1000p from 900p

[melf] 09/10/2015 15:06

One does wonder Gargoyle. Isn't that market sensitive info?

[gargoyle2] 09/10/2015 14:57

Would be odd if the directors who bought shares about 11 days ago didn't know anything about this possibility at the time they bought.

[sphere25] 09/10/2015 14:53

Equity raise coming to swallow something as big as ANH?

[the juggler] 09/10/2015 14:50

Good news I hope! The share price has has few wild swings again recently and I have been a little concerned as there was no obvious reason. If this is acquired hopefully we will start heading towards 900p.

[melf] 09/10/2015 14:37

This could be interesting. Potentially taking out a competitor. Bound to be synergy benefits as well.

[aishah] 28/9/2015 09:25

Director purchases:
800 @829.2p
2000 @813.5p

[aishah] 23/9/2015 08:55

What a great add this was around £7 not so long ago. Might add more if £8 holds for a bit.

[gswredland] 21/9/2015 14:17

Thank you midona

[midona] 21/9/2015 13:35

hxxp://www.momentuminvestor.co.uk/

[gswredland] 21/9/2015 12:52

Thanks Aishah
What investor mag is TMI please?
Certainly doing better than ANH my other share in this sector!

[the juggler] 21/9/2015 11:31

Thanks Aishah, good news all around then.

[aishah] 21/9/2015 10:30

Main write-up in The Momentum Investor(TMI) this weekend, suggesting eps growth of 131% over 3 years.

[the juggler] 21/9/2015 10:04

On the move again at last. Hopefully we will see this above 800p for the first time in many weeks.

[aishah] 26/8/2015 12:25

NMC announced closing of the ProVita acquisition yesterday:
Dr. B.R. Shetty, Executive Vice-Chairman and Chief Executive Officer of NMC Health, commented:

"I am pleased to announce the closing of NMC's acquisition of ProVita. As one of the largest providers in the long-term care market, ProVita meets the under-serviced demand for long-term care facilities in the UAE, which is expected to see substantial growth. The acquisition complements our strategy of being an integrated healthcare provider with centres of excellence across healthcare specialities and along the care pathway and fills the gap between short-term care offered by NMC's existing facilities and homecare service provided by the recently acquired Americare Group. The acquisition also supports our strategic expansion in Saudi Arabia and Qatar as ProVita progresses towards entering these markets."

[aishah] 26/8/2015 12:22

From TMI August issue:
"Having made three acquisitions in as many months you’d think management would have their hands full but not a bit of it with the latest deal being the purchase of Provita, a provider of long-term medical care in the UAE for US$160.6m cash. Provita operates 90 long-term care beds in Abu Dhabi and Al Ain, with a further 30 expected to become operational in Abu Dhabi by Q3 ’15. This will take NMC’s bed capacity from 720 to 840 beds.
As well as giving NMC another important string to its bow the deal is immediately eps enhancing; Provita generated adjusted net profit of US$9.1m in the year ended December ’14, while unaudited accounts suggest net profit was US$10.7m in the 12 months ended 31 March ’15.
Broker Jefferies has raised 2015-2017 eps forecasts by between 14-16% from 56, 66 and 78 cents to 61, 75 and 90 cents. Suddenly, next year’s prospective PE is now an inexpensive 16.6, particularly as Jefferies thinks even more deals are in the pipe."

[melf] 26/8/2015 12:16

No exposure to China and well under the radar and undervalued. I've added

[aishah] 26/8/2015 12:11

Jefferies reiterate BUY and 1120p target. Back in May they had a 1000p target.

[valhamos] 25/8/2015 10:39

Back in for a few here.

[philo124] 25/8/2015 10:19

Results tomorrow 700p will look a steal.

[gswredland] 18/8/2015 10:04

Anh has dropped as well

[neurolodger] 18/8/2015 07:07

Are we missing any bad news? Why such a slide downward over last few days?

[daisylove] 14/8/2015 17:53

Buys and sells almost equal. Hoping it's a growth share but now a bit worried it's risen too fast since around May. Looked like some recent tree shakes which may be a good sign but no idea really about these things.