Nmc Health Share Discussion Threads

[arja] 11/6/2019 08:44

steeplejack.
there is CGT on cfd profits I think you will find if of course the gain is above the exemption level . looking at chart, NMC seems to have turned and a bit more in this bounce I think

[stewart64] 08/6/2019 17:01

Steeplejack..very concerning that Fridays rally faltered. All the ingredients for a push back over £25 were there: the immediate historically chart and the general bullishness of global Markets as they ended the week. That wheel spin off £22 might not be quite as reliable as it has been. Now watch it go into orbit on Monday after throwing a curved ball on Friday, brave to try it though.

[steeplejack] 07/6/2019 21:08

Buybacks,according to studies,benefit shareholders less than a progressive dividend policy.

Meanwhile,AQR increases short further with an irritating regularity

[johnferro1] 07/6/2019 19:23

Right time for the company to go for a buyback? It’s got more than usd 500m cash balance. A buyback will have a much better effect on the share price rather than the CEO / couple of Directors buying few shares!

[moneypenny2018] 07/6/2019 11:04

Yes shorts can short but short squeezes can be very painful also and Saudis have deep pockets...

[steeplejack] 07/6/2019 10:40

The volatility is such that it's difficult not to resist a spin of the wheel.

[stewart64] 07/6/2019 10:28

Think there is a lot of daytrade action on this one too causing the fluctuations. But it is telling that the bridgehead at 22.60 this morning, that in recent days has signalled a 10% rally to follow, failed throwing some traders a curved ball. Whether that's indicative of more determined shorting who knows.

[steeplejack] 07/6/2019 09:02

This was written back in late March in a market report but it still applies-

“NMC Health was the FTSE100s sharpest faller as dealers highlighted rising bets against the United Arab Emirates hospital operator,which had 13.3% of its free float on loan.According to Citigroup,short sellers were likely to be focusing on NMCs related-party transactions as well as a loan taken by Khalifa Butti Bin Omeir,it’s vice chairman,which the broker said had been secured on a 7% stake in the company when the shares were trading around a fifth higher than their current level.”

The shorters are enthused about driving a margin call no doubt.

[steeplejack] 05/6/2019 19:53

So wise.I have a CFD account on the basis that it gives the option to short but since I don't short it's a bit pointless!Going long involves interest charges which initially seem innocuous but swiftly mount.Other than giving global access to a wide range of international markets,I don't think there's much merit in having a CFD account.Spreadbetting?...no capital gains tax but thats where the attractions end.I have spread bet in my time but not for many years.I'm fairly convinced that the spreadbetting firms have no desire to work in my best interest.

[limay] 05/6/2019 18:45

I always buy stock not the casino of CFDA. At least if it a solid company it pays a divi and eventually comes back

[steeplejack] 05/6/2019 18:05

Of course you will and good luck.I turned my back on a quick 8% and am now down by that amount.....but tradings easy as confirmed by those rather unappetising statistics Spreadbetting and CFD firms are now obliged to share with their customers.

[limay] 05/6/2019 16:44

Keep your hair on. I bought some at the close. I’ll job then out by end of eeek

[steeplejack] 05/6/2019 16:11

When the CEO buys a short couple of million quids worth and the price drops 10% in the following week,there's a problem and it's more than "jobbers".Anyway,jobbers who used to run long positions don't exist nowadays just a few prop books quick to book a day's profit and then get squiffy in a scruffy bar spilling out into the gutter in self congratulation.

[steeplejack] 05/6/2019 14:38

Sadly,in my experience when a share gets treated like this,there's invariably something to be concerned about otherwise everything returns to normal pretty rapidly.That's not happening here,it's a FTSE 100 stock but it's being kicked about like an AIM share.The chart looks horrific for starters.Other than a quick trade,not something you want in an ISA or SIPP.Real damage has been done here to investor sentiment.

[salad trader] 04/6/2019 14:51

Insane volatility in that last two days. I'd say the stock bashing is coming to a close if I hadn't already been so badly burnt by NMC in the past, still looking for brokers lending shares, anyone??

[mwainw1973] 04/6/2019 13:06

It's a very up and down share but I'm holding, director buying and deals done and positive outlook from last financial updates no reason not to GL

[johnferro1] 04/6/2019 11:47

All the best!

[terrysmith1] 04/6/2019 11:37

I'm heavily into this stock.. I'm just praying the stock will start rising so my losses don't look as bad as they do at the moment. This stock currently has a consensus rating of BUY with a target price of 3905.50 GBX

[limay] 04/6/2019 11:24

Oh good now we know your dump price we can all get out at 34

[johnferro1] 04/6/2019 10:49

Can you please be more clearer. I am stuck with more than 50k shares with an average price of Gbp 35+. I have been waiting for quite some time for the price to recover so as to dump the stock. But seems this is not going to happen in the near future. The recent Jefferies report is scary.

[steeplejack] 03/6/2019 14:42

I know you'll find this hard to believe but I reckon there are a few traders working this stock price.

[mwainw1973] 03/6/2019 12:52

Up and down like a fiddlers elbow, thinking about making a move I reckon just can't make its mind up lol