Spire Healthcare Share Discussion Threads

[igoe104] 16/3/2015 12:48

3 More Neil Woodford Shares For Your 2015 ISA: BT Group plc, Imperial Tobacco Group PLC & Spire Healthcare Group PLC




Spire Healthcare

FTSE 250-listed Spire Healthcare is Britain's second-largest private hospital company. Spire has been built up from an initial package of 25 hospitals bought from international private healthcare group Bupa in 2007.

Spire joined the stock market last July, and the CF Woodford Equity Income Fund took 6% of the company's shares in the initial public offering. By February this year, Woodford had upped the fund's stake to over 10%.

Spire currently has 39 private hospitals and 12 clinics across England, Wales and Scotland. Half the company's revenue comes from patients with private medical insurance, while the other half is divided between NHS (28%), self-pay (17%) and "other" (4%).

Spire trades on a P/E of 16 and looks well-positioned for steady long-term growth

[igoe104] 13/3/2015 12:35

Nice write-up in the health investor.


Spire and Saga team up for home care service



Saga Healthcare and Spire Healthcare have signed a deal which will see Saga offer Spire patients a ‘home from hospital’ service, the first of its kind in the private hospital sector.

The package is designed to help people who have been inpatients at a Spire hospital and feel they need some additional support at home.

Saga nurses and Spire medical teams will work with patients that choose the service to come up with tailor-made care plans. Saga’s nurses could be carrying out a range of tasks from dressing changes to a full live-in post-operative support.

Richard Blyth, managing director of Saga Healthcare, said: “This is a truly customer focused service that will add a very real benefit for Spire customers. Whilst being in a private hospital is like a home-from-home, most people want to return to their own homes as soon as they are able. Our new personalised service will help them do just that, but will also help ensure that they have any support for any tasks that they may need assistance with.”

Spire chief executive Rob Roger (pictured) added: “Saga provides a professional and caring service which echoes Spire’s values. Our patients remain our first priority and this service means the high level of care will continue into the home environment once they are well enough to leave us.”

‘Home from hospital’ is now available at Spire Harpenden Hospital and will be rolled out across all Spire hospitals in 2015.

Prices for the package start at £249.

Saga Group runs a range of services aimed at the over 50’s market including insurance and holidays. Its healthcare division runs a ‘Care at Home’ service.

The deal with Spire follows a public announcement by Saga chief executive Lance Batchelor, that the company was leaving the market for publicly funded

[igoe104] 09/3/2015 18:34

Quality company, I expect lots of fundies to jump aboard.

[gucci] 09/3/2015 15:02

heading to 380p and beyond sharpish

[chester] 09/3/2015 14:53

I've bought in here. Next leg up imo

[lilwormsergoode] 03/3/2015 20:20

tough titty. its flying up now

[its the oxman] 25/2/2015 14:45

Sold 320.5p

[lilwormsergoode] 25/2/2015 13:59

yes just did

[its the oxman] 25/2/2015 13:55

Sold out for 100 pound profit. Just not performing as hoped. Perhaps overhang of shares or just me being impatient this time. GL to those that remain though. Will probably rocket now.

[montyhedge] 21/2/2015 09:49

Have they got £63m always goes over budget as well. Placing or rights issue? I do think this is a good company.

[igoe104] 20/2/2015 08:04

Planning permission approved for new hospital.

[mickeyb] 16/2/2015 15:10

Spire seems to be treading water at the moment, I'm waiting for the push through the 320p placing price, as there is not alot of resistance from there to the years high of 389p.

[mickeyb] 13/2/2015 16:11

I have bought back in after the bounce this morning, hope to see this recover to well above the placing price of 320p over the next week or so.

[igoe104] 13/2/2015 15:20

What`s the betting the naked trader took advantage of the tree shake over the last few days. and purchased a chunk under the £3 mark.

[igoe104] 13/2/2015 11:41

That the down-side to stop-losses, they can take your stop loss out then bounce.

The old classic MM trick, knock off a few stop losses with a tree shake, creates good business for them.

[gucci] 13/2/2015 11:16

thanks Neil
looks like it was waiting for your sell

[igoe104] 13/2/2015 09:38

Its just a case of a fund selling down to £3 and taking out stop-losses, next week this should bounce back. company in good shape, so it can only be a matter of time before we see a quick recovery.

[neilgbudd] 13/2/2015 09:23

I've sold out this morning. Quality company agreed, but the markets have been very strong of late and on good FTSE up days SPI has been dropping consistently. When we have some bad FTSE down days, this will go further down I think. It's also gone below the placing price and under the psychological £3 level too which is where my mental stop was. Next support to me looks around the 265p level, so if it gets there I'll consider re buying. Level 2 also looks very weak with a lot of sellers coming in. If you continue to hold, good luck.

[igoe104] 13/2/2015 09:05

Looks like some over-hang to clear from maybe a fund, good time to top up at this level.

Spire are a quality company, I`ve used them myself.

[fruitninja84] 13/2/2015 08:50

It's formed one if those daft 'head and shoulders' patterns that could attract some shorts, as some trades/boys just trade charts, sentiment falling after 300p gone plus private equity likely to sell more in the future , can't see it going anywhere in the short term.

[jsegura60] 13/2/2015 08:44

Any comments on Spi

[neilgbudd] 11/2/2015 08:39

Remember, their debt is counterbalanced by their property portfolio so they have tangible asset's.