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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nmc Health Plc | LSE:NMC | London | Ordinary Share | GB00B7FC0762 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 938.40 | 940.00 | 941.60 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
29/2/2020 21:07 | I have put SR to bed and he will go to sleep! | turvart | |
29/2/2020 21:07 | The NMC simply provided a contractual guarantee in case of non-payment or default in case companies owed by related parties weren't able to meet their contractual obligations to credit providers. These balances were approx $335m at the end of the year. Nothing unusual if you think about it, companies do it all the time. The only problem is that this hasn't been approved by the board and contingent liability as they call it disclosed in the notes to the accounts. Normally those disclosures give the users of the accounts an estimate of the potential financial effect and better understanding of any associated risks. This doesn't, by any means, mean that the company owes $335m. As long as the entities owed by the related parties pay their debts, which they are, there is basically no financial impact. The facilities will also "no longer be made available for further supplier financing" so no future impact possible. It could be as simple as a guarantee and support for the smaller entities with no sufficient credit rating & cash flow available in order to enable them to grow quicker & operate on the higher level. There is no mention of any defaults & inability to pay obligations by those businesses. They may as well be operating successfully and running at a profit. Plus their stock is under lock down, which can be used to pay for any potential debts. Obviously the guarantees should have been approved by the board & disclosed in accordance with the Listing Rules. This will come back with vengeance, when it comes out of suspension in April! IMO, will open above £10 and hit £15+ by May/June timeframe. | mattcookson | |
29/2/2020 21:05 | Hiccup hiccup!!!! | jasonblue66 | |
29/2/2020 20:59 | I have put SR into bed and he can sleep it off! | turvart | |
29/2/2020 20:56 | Matt your 20 pound is now gone from next month to next year. Lolz | ritchau | |
29/2/2020 20:55 | Matt your 20 pound is now gone from next month to next year. Lolz | ritchau | |
29/2/2020 20:54 | No I have not gone short, SR grabbed the keyboard and stated I went short that is not the fact. Thank you! | turvart | |
29/2/2020 20:49 | Tulvart is gone short | sentimentrules | |
29/2/2020 20:49 | SR grabbed the keyboard from me! | turvart | |
29/2/2020 20:48 | Very interesting indeed that Rasmala is now mulling a takeover bid as well! This is a very successful hyper growth business, no wonder so many companies are interested in grabbing a stake in this biggest healthcare business in the UAE. hxxps://omny.fm/show | dragonheart1 | |
29/2/2020 20:48 | Bulls must be sleeping well lpoopl As soon as takeovers and buy outs and joint venture chat starts. .the stench of desperation is overwhelming | sentimentrules | |
29/2/2020 20:44 | SR is knocked out and sleeping! | turvart | |
29/2/2020 20:44 | Hahaha... shorters are getting jittery, knowing damn well that this action has totally f00ked them over! Can’t buy back stock and close them shorts for months and in the meantime have to pay interests to the brokers. Very smart move of NMCs part, suspend the shares, get all the bad news out and their house in order and with at least 3 confirmed takeover bidders in the mix currently, come back with a vengeance at the end of April. This will open at least 50% higher at the end of April, watch the space!! Especially with huge takeover interest in this high growth healthcare business, it happened at AA and share price suspended at 229 and now trading at 1850, go figure!! | dragonheart1 | |
29/2/2020 20:40 | I hope we didn't short it SR as I think it's going to open rapid! | turvart | |
29/2/2020 20:36 | Fresh of the press! Damn right they should be punished and criticised for not doing their job. Telegraph - EY attacked for collecting £14m in fees from NMC Health By Hannah Uttley 29 February 2020 • 7:58pm Premium General view of NMC specialty hospital in Abu Dhabi, United Arab Emirates EY is under fire for collecting almost £14m in fees from FTSE 100 hospital operator NMC Health as it failed to detect loan arrangements that have engulfed the company in scandal. The Big Four accountant picked up £13.7m for signing off NMC’s accounts from when it listed in 2012, and 2018, its most recent accounts. More than £3m was for non-audit services, such as consultancy and advisory work, which a shareholder group said raises questions over EY’s independence. | dragonheart1 | |
29/2/2020 20:35 | Thanks for sharing Matt... awesome news for longs. LOL, ItsnotMeitsyou, Sentimentrules and other path3tic shorters are panicking! I really hope they BURN! | dragonheart1 | |
29/2/2020 20:34 | Yeah I actually agree with Dave! | turvart |
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