Nmc Health Share Discussion Threads

[59stevo] 22/3/2019 13:29

the martlet is giving the benifit WOW!

[waldo2020] 22/3/2019 12:08

Seems odd the share price is down over 3% on very little volume considering the volume yday. Worth a long?

[brain smiley] 22/3/2019 09:42

Big holding...think it's the high PE that's the probelm.

[johnferro1] 22/3/2019 09:17

Can anyone explain why the share price is falling despite a very good result at the challenging environment. The group has reiterated its positive guidance for the coming year also. The management team sound very confident with the growth prospects. All the analysts except Jeffries have got a buy recommendation with TP of Gbp 4000 plus. Can’t understand why the martlet is giving the benifit to this stock. Stuck with more than 50k shares with an average price of Gbp 3700.

[aishah] 11/3/2019 15:12

Barclays Capital reiterate OVERWEIGHT and 4500p target

[stewart64] 08/3/2019 12:55

Tssmith..a special aura surrounding anything to do with health and currently seen at a premium..this one racing back up to a p/e of 25 even now. The future I guess. You'd think the same about renewables..nope Greencoat Wind on a p/e of just 7 off its recently announced annuals( admittedly with a bit of balance sheet messing on turbine amortisation).

Health shares very much in fashion in spite of recent falls.

[tsmith2] 08/3/2019 12:21

Support around £20. would look to see for it to hit and bounce off support before taking position. good solid company, valuation just too high

[stewart64] 08/3/2019 11:17

Shares with a price to earnings of 24 have high growth expectation at such a rich valuation ( higher still yesterday)...20% growth didn't cut it or EPS of 101.5p. EPS $1.40 expected, $1.33 result.

[blocker2] 08/3/2019 09:48

Buying opportunities

[steeplejack] 08/3/2019 09:43

This is fairly appalling for the simple reason that neither press or broker can satisfactorily explain why these shares are plummeting post the results.Oh you can read Jeffries but albeit the price has fallen,they’re examining the exact same data as Goldmans and others.There is the question about receivables,a concern that appears to be borne out in the rising finance charge but this price slump appears to go further than that.It seems to suggest there’s something almost untoward in the accounting.That the whole corporate strategy is wayward.The company has been bundled into a category reserved for the likes of Micro Focus.Its got a nasty feel of real manipulation which luckily pushed me to sell out of one portfolio back in the mid 30s but I still have a smallish holding elsewhere.

[jackdaw4243] 07/3/2019 18:33

Broker Comment"The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions."

But then it may be time to take a contrarian view, health problems are not going to go away.

[steeplejack] 07/3/2019 17:21

Goldman’s thinks that some of the concerns identified by the market (primarily Jeffries I suppose) have been addressed in these final results.That’s not to ignore the fact that Jeffries have got this right .The shares are down from over forty quid in a little over six months.This is despite Berenberg having a target price of £54 and going on record back in November as saying the shares could be a hundred pounds 4 years hence.Barclays has it as its “pick” buy and the less said about the Investors Chronicle optimism the better.The forecast multiple is now mid 20s and despite the absence of any yield to speak of,the stock looks pretty well oversold.Its over a third down since the autumn and frankly,even the bears might be reluctant to squeeze another 10% downside out of this one to hit the £23 Jeffries TP (presuming they haven’t cut it further!).

[hiraniha] 07/3/2019 16:31

Anybody know where I can find broker forecasts on the back of today's results?

[johnrxx99] 07/3/2019 15:42

They didn't beat expectations. It's a bloody tough market at the moment.

[mdr26nlz] 07/3/2019 15:40

smartinvest what changed you mind to up you target from 20?

[steeplejack] 07/3/2019 13:05

This is what Jeffries will be crowing about-On a negative note, NMC's gross debt for 2018 rose considerably to USD1.99 billion from USD1.40 billion in 2017, though this was in line with expectations

[dtaliadoros] 07/3/2019 11:30

The market never fails to suprise me as I am surprised these have dropped so much.

[steeplejack] 07/3/2019 10:40

Looks like Jeffries are having fun giving this highly rated stock a good bashing.The figures are slightly shy of best estimates.Other brokers are unreservedly bullish for all the good its doing.

[daneth58] 07/3/2019 09:29

Wow I took profit on these at 29 2 days ago and gutted to see it go over 30. Happy days just got them back for 27.70

it was profit taking on around 100k shares that tanked it by the looks of things

[dtaliadoros] 07/3/2019 08:59

Good top up opportunity I think? Numbers all look good. Price drop on back of profit taking perhaps?

[canonyau] 07/3/2019 08:30

And yet the stock is tanking today. Buy on rumour sell on news

[steeplejack] 07/3/2019 08:25

Sometimes the market is quite childlike.