Nmc Health Share Discussion Threads

[steeplejack] 19/9/2018 16:25

I wonder if this price is being walked down to a level where a fund raising will be well received by large holders,the likes of Blackrock and Standard life Aberdeen for example.Its not unheard of :)

[startshare] 19/9/2018 15:29

Bought some.

[volsung] 19/9/2018 15:18

Looks like the party is over here. Sold mine today. GLA

[smartinvest1] 19/9/2018 08:35

There are lots of competitors in Middle wast with deep pockets like Al Noor Med life saudi german Cleveland life line backed by lulu group.
Also insurance company may not be willing to pay high margin to healthcare companies

[smartinvest1] 19/9/2018 08:35

There are lots of competitors in Middle wast with deep pockets like Al Noor Med life saudi german Cleveland life line backed by lulu group.
Also insurance company may not be willing to pay high margin to healthcare companies

[steeplejack] 18/9/2018 17:06

A number of the healthcare stocks have been beaten up of late.Dechra springs to mind and it's been as much a function of recent outperformance as anything.NMC are back to where they were in mid summer.Hopefully there's nothing untoward behind this fall albeit traded volume has been high.Could be that there's concern about corporate strategy which was subject to press speculation recently.There are broker forecasts in the high £40s and one over £50.In total,there are 8 strong buy recommendations plus the IC backing the company.

[panic investor] 18/9/2018 12:00

A social cause ? Lol

[steeplejack] 18/9/2018 11:15

- NMC Healthcare is a leading healthcare provider in the UAE, with business divisions in private hospitals, medical centres and pharmacies across Abu Dhabi, Dubai, Al Ain, Sharjah and Umm Al Quwain, and a distribution arm

You might be right that pharma margins might come under pressure but I think private healthcare in the rich Middle East might show a bit of resilience.

The shares started falling after the Mrs of the Company Secretary flogged some at £43-26p.Tidy little sale,lucky rather than insightful probably.

[smartinvest1] 18/9/2018 09:17

I belive the margins in healthcare business overall will sink and so the valuations. Its a social cause cannot be valued so high. Good luck

[smartinvest1] 18/9/2018 08:50

I belive NMC financials are over leveraged . I can chalenge barclays and beren bank.
Turnover 800 million dollars from health business and valuation 10 billion dollars pluse 1.5 billion dollar liability.

13 times revenu valuation too much

[steeplejack] 18/9/2018 08:39

I'm certainly surprised by the extent of the price retreat.We appear to be near completing a head and shoulders pattern.The shares might find support around the £35 mark but I'm no chartist.

[yertiz] 17/9/2018 17:32

I've been in since the share was a baby, bought at about £5 three years ago. Not concerned in the slightest - quality will show through. The run has been tremendous, this is taking a breather, some consolidation, then it will commence back on its upward trajectory. IMHO

[thefartingcommie] 17/9/2018 16:33

LOL...

well ..ain't it strange that whenever a stock which has had a good run...suddenly turns turtle and retraces 25%....everyone to a tee says.....oh no probs guys..time to top up..

I note that there was a distinct lack of people saying when the share price was £43...well...hey guys..hows about taking some off the table...has anyone considered that this cycle MAYBE approaching the top?....or do you just plough wildly on?

what is this??....talk about confirmation bias or what.

[yertiz] 13/9/2018 14:25

Only that its providing me another opportunity to top up. Quality company with great prospects and business.

[mozart999uk] 13/9/2018 12:32

Any thoughts on the continued drop?

[scottishfield] 06/9/2018 15:34

Oh well, topups here I come.

[alphabeta4] 06/9/2018 15:07

Yep, don't get it. The FTSE 100 probably hasn't helped. The current price looks a bargain, just look at CRW, a similar quality company that people now wish they'd bought on the £20 pullback. Sometimes there just isn't a reason which always amuses me as it debunks perfect markets!

[tdog1975] 06/9/2018 09:51

Want some, thought it would stop at 3800 but no

[arja] 28/8/2018 12:51

turnaround day it seems and back on long term uptrend .

[johnrxx99] 28/8/2018 09:25

Picking the best buy/sell point is virtually impossible. Be happy with your success, learn from the f'ups.

[miti 1000] 28/8/2018 07:48

steeplejack...really? Lol

[arja] 24/8/2018 13:58

interesting points steeplejack and I agree with some of them and only reason that shorting is more risky as that we are still in a long term bullmarket for stocks and
more chance to make money going long except with some mining stocks of late , eg KAZ .
Nice to see NMC recovering today and let's see what happens after the dow opena is 30 minutes

[steeplejack] 24/8/2018 09:58

You're right of course.CFDs used sensibly for hedging can be very useful but the facts remain that short term trading is a dicey business and over a period most traders lose.CFDs in my experience require a lot of diligence.There are daily finance charges connected with the privilege of running a CFD,you are also subject to capital gains.I have a CFD account but I rarely use it nowadays,in fact in many respects I think spread betting accounts are preferable to CFDs ie no tax etc.Take today.I have no idea whether NMC will end down or whether it will recover.My hunch is that it could end up 50p or so but it's only a guess.I'm fairly certain though that over the long term this will prove very sound investment .

[arja] 23/8/2018 20:56

maybe but why not hedge by doing a covered short with a CFD in a period of short term
weakness which in effect reduces the holding cost of your stock - it often works well .

[steeplejack] 23/8/2018 20:06

Excellent article,thanks for posting. Run your profits,cut your losses is the old maxim but it's all with the benefit of hindsight.In the words of Cool Hand Luke,"sometimes nothing is a mighty cool hand",well sometimes doing nothing is equally cool in the equity market,just holding a stock and trusting your judgement.Its a mistake to be an over active trader and actually an over busy bulletin board is often a bad sign,so I'll shut up .NMC is a solid hold.