Nmc Health Share Discussion Threads

[superadams] 22/8/2017 14:27

Very interested in this one but can anyone suggest where the potential is once UAE is saturated ??

[yertiz] 22/8/2017 09:33

Soon, soon - probably replacing Provident Financial in the not too distant future!

[aishah] 22/8/2017 08:27

Relentless rise here. How long before we're in the FTSE100?

[panic investor] 21/8/2017 09:18

Same here - results Wednesday

[malcolmmm] 21/8/2017 09:12

topped up today, nice chart

[yertiz] 14/8/2017 11:22

Normally shares get a boost BEFORE MI or SCSW are published.....Fortunately I hold plenty of NMC and will do so for a while yet. Toss up between NMC and Melrose as the next FTSE 100 entrant (or could be both?).

[samkhan50] 14/8/2017 11:11

It was tipped in Momentum Investor this weekend (sister publication to Sharewatch). Everything they tip gets a boost on Monday.

[startshare] 11/7/2017 15:04

I don't understand the latest news??

[daijavu] 19/6/2017 08:50

I've only recently discovered this. It looks interesting

[ralphmalph] 16/6/2017 15:50

@panic - I am another long term holder, it seems with this share no news is good news.

[aishah] 16/6/2017 15:20

Incredible run over the last few years. Could get into FTSE100 in not too distant future.

[panic investor] 16/6/2017 15:04

my gut feeling is an acquisition, they've been looking around

[chester] 16/6/2017 14:43

I've been trying to find out why the big jump today. No Idea.

[panic investor] 16/6/2017 14:42

no idea, glad somebody else actually owns these too !

[startshare] 16/6/2017 14:40

What is the news guys? share price is making big jump!

[yertiz] 04/6/2017 11:07

Held NMC since 730p days - now a three bagger for me and potential to become a 5x investment holding. A fantastic momentum stock with management keeping their eyes on the prize. Definitely a lot more to come.

[aishah] 04/5/2017 14:27

Investec retains BUY. Ups target to 2430p from 1990p. Hallelujah!

[aishah] 19/4/2017 09:10

Have taken some profits after the fantastic run over the last couple of years. Running the rest though.

[panic investor] 19/4/2017 09:09

Nice move up today he says taking to himself

[aishah] 08/3/2017 12:28

NMC Health profits surge 76.5pc to $151m

NMC Health, a leading integrated private healthcare provider in the UAE, has reported a net profit of $151.4 million for 2016, a 76.5 per cent increase on previous year’s figures.

The group’s revenues increased by 38.6 per cent to $1,220.8 million, it said in a statement.

NMC Health is also one of the top global providers of fertility treatments through its Spanish subsidiary Clinica Eugin.

The healthcare division accounted for a revenue of $823.3 million, an increase of 59.2 per cent compared to 2015. The distribution division revenue grew by 9.8 per cent to $431.9 million.

The reported EBITDA increased by 63.7 per cent to $246.1 million, it said. The earnings per share (EPS) amounted to $0.711 (FY 2015: $0.443)

The healthcare division’s number of patients increased by 34.5 per cent to 4.3 million and revenue per patient from healthcare services increased by 28.3 per cent to reach $176.3.

Operational beds increased from 537 to 679, a 26.4 per cent increase and bed occupancy rates reached 74.3 per cent.

Doctors’ employed by the group reached 1042 in 2016, an increase of 27.5 per cent compared to 2015.

Dr B.R. Shetty, chief executive officer and executive vice-chairman of NMC, commented: “NMC Health delivered record growth in 2016 as we began to reap the long-term rewards of several years of progress on the two stages of our growth strategy. In recent years NMC has expanded its asset and brand portfolio organically and inorganically into additional healthcare services segments, extended our presence across the continuum of care, entered into higher growth and margin specialties with very favourable regional supply/demand dynamics, and selectively entered new geographies to position the group at the intersection of multiple growth channels to the ultimate benefit of all our stakeholders.”

Outlook
“We expect another good year for the UAE economy in 2017 supported by further GDP growth of around 2.3 per cent despite lower oil prices, based on forecasts by leading rating agencies. For the local healthcare sector, one of the key drivers of growth will be the increase in the patient volumes with expected completion of mandatory healthcare insurance in the Emirate of Dubai by Q1 2017. For NMC in particular, we expect continued strong performance from our enlarged network, its growing specialisms and the further introduction of higher value added services especially through our single specialty verticals,” said Dr Shetty.

- TradeArabia News Service

[blocker2] 01/3/2017 16:43

Wants to go higher .......... nice chart

[neurolodger] 10/2/2017 13:24

Let us hope £18 breach today

[aishah] 06/2/2017 13:10

Buy and hold paying off handsomely here. Run your winners long term imo.

[philo124] 06/2/2017 12:56

Nice and Up.