Nmc Health Share Discussion Threads

[m w] 19/3/2021 07:24

https://m-economictimes-com.cdn.ampproject.org/v/s/m.economictimes.com/news/international/uae/abu-dhabis-mubadala-interested-in-buying-nmc-hospital-business-sources/amp_articleshow/81531394.cms?amp_js_v=a6&amp_gsa=1&usqp=mq331AQHKAFQArABIA%3D%3D

[m w] 09/3/2021 10:57

https://www.arabnews.com/node/1819116/amp?espv=1

[diverzeusy1] 02/3/2021 08:57

Mohdusman442 Does this mean he will be helping out his old investors 😀👍 Don't hold your breath on this one. I feel Shetty is and always has been full of 💩 As you say, too many Mr bigs in this fiasco, and it's us, the small shareholders who suffer the worst. Institution funds had millions in this, but they are worth Billions, it's like us loosing a fiver to them.

[mohdusman44] 26/2/2021 19:02

Nothing will happen. All eyewash. After all, this company is backed by the Sheikh. If the real episode comes out, it will be damaging for everyone, right from the Sheikh to the key shareholders, the bankers, regulators, auditors etc. They won't let that happen.

[monte1] 23/2/2021 14:48

It is for ordinary shareholders.

[diverzeusy1] 19/2/2021 08:30

It's here also hxxps://www.thenationalnews.com/business/economy/uk-court-freezes-assets-of-br-shetty-and-other-nmc-shareholders-and-executives-1.1166702 Thing is, I don't think Shetty and his fraud crew will be going hungry or losing sleep over this. When will the court start selling their assets??

[m w] 19/2/2021 07:53

https://www.ft.com/content/7e1efa41-3fcb-4222-9aa4-193bc214e30c

[zammo_1] 15/2/2021 22:43

I think a big fat zero

[diverzeusy1] 15/2/2021 22:32

Gulf news reads good, however just remember shareholders are the bottom of the list, and not even mentioned, I think we will be extremely lucky to get anything back from NMC Health 😢

[m w] 15/2/2021 21:43

Let's hope so

[thebutler] 12/2/2021 08:09

Could still be life in this dog: hxxps://gulfnews.com/business/markets/uae-hospital-operator-nmc-keeps-revenues-and-earnings-in-check-in-toughest-year-ever-1.1612959924999

[zammo_1] 05/2/2021 12:12

HMRC finally acknowledged receipt of my negligible value evaluation from last July and are now reviewing it with SVA team

[semantics] 04/2/2021 21:06

Pointless Facebook group - they never authorise the re

[semantics] 04/2/2021 21:06

Pointless Facebook group - they never authorise the re

[diverzeusy1] 22/1/2021 21:17

Hi everyone, a while since I posted on here, I closed my Farcebook accounts due to the censorship policies, any way I'm only on here now, are there any other nmc group other than Farcebook? Thanks

[waynesplash] 22/1/2021 20:33

We got a Facebook group, if any want to join. Wayne

[waynesplash] 22/1/2021 20:32

I do think so, but its going to take time. Wayne

[m w] 22/1/2021 19:14

Very quiet on here is it wishful thinking to think we'll get anything back

[zammo_1] 16/12/2020 09:39

I have also been patiently waiting as I wrote to them in July

[triskelion] 24/11/2020 19:30

Not seeing NMC on HMRC's Negligible value claims and agreements list - yet. (Whistling in the dark).

[mohdusman44] 23/10/2020 16:42

hxxps://gulfnews.com/business/michael-davis-confirmed-as-ceo-at-abu-dhabis-nmc-healthcare-1.1603439316959 Another fraudster appointed as CEO. Can't understand why Michael was appointed as CEO. He is a protégé' of Manghat and should have been equally culpable. They should have brought in a fresh face rather than a tainted guy elevated as CEO. Disgusting.

[urbanvoltage] 07/10/2020 21:17

Worth a read for those still interested...hxxps://cf-cdn.nmc.ae/Uploads/InvestorRelations/all-lender-call-presentation-date-07-oct-2020-07-oct-2020-6b8cb8c1-6fad-4904-9f82-217a5be57afd.pdf Interesting to note.... Materially advanced compiling evidence of financial misstatements dating back to 2012  Investigation is well progressed, with a good understanding of the nature of the fraud and dissipation of assets. Claims and litigation strategy now being developed Investigations: • Preparation of litigation strategy • Secure litigation funding • Commence pursuit of wrongdoers Key points to take away – The Administrations are facilitators of the outcome – There are a significant number of actions and steps required to complete the restructuring and deliver value to all stakeholders – The best outcome for stakeholder requires all lenders need to play their role by engaging with the process (i.e provide timely Proof of Debts with all available supporting documentation) – Joint Administrators are focussed on increasing communications with all lenders – Next all lender call tentatively booked for either November 4 or November 11