Nmc Health Share Discussion Threads

[nael2020] 01/3/2020 17:56

SentimentRule, your talking is none sense ,I think you are behave like that because your jealous or regretted because didnt buy any shares in this company .
I hope you will recover soon from your annoying illness.

[hsdeo1] 01/3/2020 17:51

Lets see what happens. I have quite a large amount invested and as long as it come back at a reasonable price I will hold as it will continue to go up. People getting older, more health issues around the world (micro plastics ...) and who knows what virus comes out of china next! A paper loss today will be a profit tomorrow as they.

[mattcookson] 01/3/2020 17:48

From Bloomberg: Abu Dhabi Wealth Fund Weighs Deal in Shetty’s Troubled NMC By Archana Narayanan and Dinesh Nair February 29, 2020, 7:10 AM EST Updated on February 29, 2020, 11:38 PM EST Mubadala held early talks for stake in [Link Removed]. health-care firm NMC CEO Prasanth Manghat was dismissed in management overhaul relates to Abu Dhabi Wealth Fund Weighs Deal in Shetty’s Troubled NMC Source: Google Abu Dhabi wealth fund Mubadala Investment Co. is considering a potential investment in NMC Health Plc -- a sign the emirate is keen to address the worsening crisis at the troubled hospital operator, people familiar with the matter said. Mubadala has held early discussions to look at a range of options regarding the Middle East’s largest health care provider, including buying a stake and taking a board seat, the people said, asking not to be identified as the matter is private. While discussions are ongoing, there can be no guarantee of a transaction given the complex issues facing the company, the people said. Representatives for Mubadala and NMC declined to comment. Aside from Mubadala, investors linked to Italian hospital operator Gruppo Ospedaliero San Donato Spa have said they’re studying a possible offer for the company and are working with financial advisers.

[sentimentrules] 01/3/2020 17:42

mattcookson1 Mar '20 - 17:39 - 8806 of 8807
0 0 0
copy/paste from another board - nice post:

No point stressing about it now. The company has done us a favour by suspending it. The share price will open again.

.............

will you still class it a favour if opens 150p or much less? However in the real world, it does give IMPORTANT PEOPLE time to adjust to reality

[mattcookson] 01/3/2020 17:41

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] 01/3/2020 17:39

copy/paste from another board - nice post:

No point stressing about it now. The company has done us a favour by suspending it. The share price will open again. It’s a FTSE100 stock and FTSE 100 has a reputation to live for.

What price it will open at- no one knows and no point speculating. It will be from a Clear Slate and we know evey discrepancy and irregularities will be addressed by then. its A profitable business, just keep that in mind.
Institutions have bought in Millions with all the contingency in mind.
I won’t lose my sleep over it and will come back when it opens again. My only frustration is that my funds are blocked now and that restricts me using those funds elsewhere. But hey ho, we live with that.
Just be easy guys and don’t forget it’s just money and we all have a lovely family to love.

[sentimentrules] 01/3/2020 17:31

at least it explains why the board did an rns to literally assure suspension eh?

[sentimentrules] 01/3/2020 17:30

hsdeo

never really saw many stocks react well to debt restructure. Have u? Some exceptions but no fraud history though

[hsdeo1] 01/3/2020 17:28

for all you scaremongers - debt restructure is actually a good thing and ensures the company continues to operate and therefore has a future. Whatever that my be.

[dragonheart1] 01/3/2020 17:27

Don’t think Arabs are going to let the largest healthcare company in the ME go down. With Rasmala, Mubadala and GKI Interested in taking this over, there could indeed be some good news on the horizon. Truth is nobody knows, what’s going to happen here. Only time will tell. Really hope, when this comes back in April, it opens above £10.

[sentimentrules] 01/3/2020 17:22

Dd ya learn anything dragonheart? Thats the main thing. Even a loss can be beneficial. Aids waking up to real markets

[lodgeview] 01/3/2020 17:19

dragonheart have you wrote off your investment here?

[dragonheart1] 01/3/2020 17:19

From Bloomberg:

Abu Dhabi Wealth Fund Weighs Deal in Shetty’s Troubled NMC
By Archana Narayanan and Dinesh Nair
February 29, 2020, 7:10 AM EST
Updated on February 29, 2020, 11:38 PM EST
Mubadala held early talks for stake in U.A.E. health-care firm
NMC CEO Prasanth Manghat was dismissed in management overhaul
relates to Abu Dhabi Wealth Fund Weighs Deal in Shetty’s Troubled NMC
Source: Google
Abu Dhabi wealth fund Mubadala Investment Co. is considering a potential investment in NMC Health Plc -- a sign the emirate is keen to address the worsening crisis at the troubled hospital operator, people familiar with the matter said.

Mubadala has held early discussions to look at a range of options regarding the Middle East’s largest health care provider, including buying a stake and taking a board seat, the people said, asking not to be identified as the matter is private.


While discussions are ongoing, there can be no guarantee of a transaction given the complex issues facing the company, the people said. Representatives for Mubadala and NMC declined to comment.

Aside from Mubadala, investors linked to Italian hospital operator Gruppo Ospedaliero San Donato Spa have said they’re studying a possible offer for the company and are working with financial advisers.

[dragonheart1] 01/3/2020 17:17

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/shows/businessbreakfast/20200212-0720-eye-bb-rasmala-investment-bank-ali-t

[dragonheart1] 01/3/2020 17:16

Business is still operating as normal and surely is profitable, this will bounce back over time.

NMC Al Zahra Hospital in Sharjah wins three award for quality healthcare solutions
Feb 17, 2020

Al Zahra Hospital in Sharjah has won three awards at the Ministry of Health and Prevention (MoHAP) Innovation Awards.

The awards were held to recognise medical institutions that work towards offering quality health care solutions to their patients. The hospital bagged the second spot under the category of ‘Most Innovative Hospital,â€482; second position for a hospital with the ‘Most Innovative Physician,’ and stood second in the ‘Most Innovative Nurse and Midwife division.â€482;

Over the years, the hospital has demonstrated some of their notable innovations in engaging staff that has helped remarkably improve their quality of services.

Dr. Sherief Elsayed, Consultant Spinal Surgeon at Al Zahra Hospital Sharjah was presented with the Innovative Physician Award, for his successful introduction of Patient-Specific 3D printing into the operative correction of high-risk Scoliosis deformity.

The nursing team represented by Shazia Amin, Meera Akbar and Saleema Shoukat Ali, collected the award for the Most Innovative Nurse and Midwife.

Established in 1981, Al Zahra Hospital Sharjah, is one of the oldest private general hospitals in the UAE

[sentimentrules] 01/3/2020 17:05

Absolutely. Nobody else will suffer. Not even big holders. They have shorts covering those certificates since day 1

[lodgeview] 01/3/2020 17:02

Shareholders are always shafted so I expect that is what will happen here.

[nael2020] 01/3/2020 16:56

What are the contradicting statements, once is the abu Dhabi hedge fund seeking stakes in this company , what is going on ?
Only one explanation, could be the NMC company is studding the best option for their favourite and their benefits.From my point of view , the NMC company is unlikely to be subject for liquidation .

[sweepie2] 01/3/2020 16:15

Hope is alittle different from what you have been saying, I don't expect it will go under as you say far too important for the area BUT how much of the company will be left for shareholders?

[dragonheart1] 01/3/2020 16:12

Don’t think Arabs are going to let the largest healthcare company in the ME go down. With Rasmala, Mubadala and GKI Interested in taking this over, there could indeed be some good news on the horizon. Truth is nobody knows, what’s going to happen here. Only time will tell. Really hope, when this comes back in April, it opens above £10.

[lodgeview] 01/3/2020 16:11

Should get an RNS tomorrow advising of liquidation I would have thought.

[dudishes] 01/3/2020 16:07

sweepie2, all were warned by me 21/2/20 of possible suspension. One or two noted, but:-

Rampers awfully quiet?

Monday, predictions of Rehab?