Nmc Health Share Discussion Threads

[smartinvest1] 09/8/2019 10:20

Stop trusting Goldman.
They have a position on NMC indirectly.They have been sued for malaysia fraud

[steeplejack] 09/8/2019 09:30

Small reduction in Merian short position.Noteworthy!

At this juncture,I don’t see why NMC should dash to defend their accounting procedures which they clearly think are transparent enough.Haven’t they just been given a buy rating by Goldman Sachs after extensive research.If they responded to every critique (or rumoured critique)they wouldn’t have time to run the company.That said,I know what you mean,this reiteration of good results doesn’t lance the boil.There’s a cloud of suspicion overhanging NMC and I don’t quite know what’s going to see it dissipate.

[mohdusman44] 08/8/2019 19:21

The company’s statement didn’t address the thorny issue of accounting issues which was the key trigger that pulled its share price down on Wednesday. They could have cleared the air surrounding this concern rather than making a very passive statement and reiterating the guidance which they have already done it earlier.

[alexka1] 08/8/2019 13:39

Statement re. share price movement FROM NMC WEBSITE- TIME TO BUY ! ! !

NMC Health plc (LSE: NMC), the leading private healthcare operator in the Gulf Cooperation Council (GCC)
with international services across 19 countries, notes the recent share price weakness and confirms that it
expects to report that, after a good performance in the first half of 2019, trading in the business remains in
line with management expectations on all key metrics including revenue, EBITDA, net income, leverage,
cash flow conversion and working capital. Full year guidance remains as previously stated.
In accordance with accounting requirements, the Company will be reporting its interim results on a post-IFRS
16 basis but intends to also provide pre-IFRS 16 comparators for the purposes of those sell-side research
analysts that continue to forecast the Company’s performance on such basis.
The Company will be able to comment in further detail and will be reporting its interim results on 22 August
2019 in line with the statement released on Monday 5 August 2019.

[alexka1] 08/8/2019 13:38

News NMC Health Confirms "Good" Interim Performance Amid Share Price Fall (Alliance News) - Private healthcare operator NMC Health PLC confirmed Thursday the first half of ...
Alliance News8 August, 2019 | 12:23PMEmail Form
(Alliance News) - Private healthcare operator NMC Health PLC confirmed Thursday the first half of 2019 had delivered a "good" performance with trading in line with expectations.

The Gulf-focused firm made the announcement after noting recent "share price weakness" since the start of August.

Shares in NMC were 5.5% higher at 2,109.00 pence in London on Thursday, however shares have still shed 15% since the start of August.

NMC emphasised performance over the six months ended June was "good" and that trading "remains in line with management expectations" on all key metrics including revenue, earnings before interest, taxes, depreciation & amortisation and leverage.

Full year guidance also remains as previously stated.

[simonandrews981] 08/8/2019 12:58

Nice rebound today, I think this company has just been unlucky. They just announced they are confirming half year results are good on all aspects. Seems like a no brainer buy to me or a good average down at these levels. I also agree with alexa on her feed back on the company including Saudi operations and the IVF business

[jredd] 08/8/2019 09:31

Volatility has been bad last two days, but company is a solid one and at current multiples it's a steal. I am a long term buyer and have owned the stock for a while. I added some yesterday at close and will add some more today. It looks like a rebound from here

[alexka1] 08/8/2019 08:48

will shoot up, next catalyst is in two weeks, results - guidance was very positive few months ago and CEO interview 2 days ago was bullish on saudi, + pledge story is no more really valid - so no reason for it to be that low. I see a lot of value at current levels, similarly to all banks. we are at the level where jeffries (only negative analyst) see the stock. so quite at the lows. I wouldnt be surprised seeing the stock at 25+ in coming weeks. this is where it was few days ago...
Healthcare in the UAE is maybe not doing great as a sector but NMC is different. IVF is different. very high margin business, talents and knowledge and reputation required (NMC has all 3, dont forget they are present globally and number 3 globally in IVF, they own Boston IVF! and many others). so cant compare NMC to other healthcare in the region. + amazing track record from mngt and mngt has always over delivered on their guidelines. I am long :)

[johnrxx99] 08/8/2019 07:06

They should issue a note - how long before they drop out of the FTSE100?

[steeplejack] 07/8/2019 21:50

Yes,interesting.There seems to be massive oversupply.

However....todayR17;s move as reported by Daily Telegraph:

Louis Ashworth, markets reporter
7 AUGUST 2019 • 7:28PM
Follow
It may not have been the intended target, but NMC Health ended up as collateral damage from Muddy Waters Research’s attack on litigation funder Burford Capital.

The Abu Dhabi-based hospital operator’s share ended off just over 11pc, having fallen 6pc on rumours it was the planned target of Muddy Waters’s report.

A slide that began in the aftermath of Muddy Waters’s tweet teasing the report, which promised a release at “8am London time”, turned into a full-blown drop, dragging the company’s share price to a two-year low after a year of steady decline. It fell 258p to £20.

Burford dropped catastrophically, by as much as 64pc, which resulted in billions of pounds being wiped off its share cap after...

The FT carried the following observation:

● NMC Healthcare was the FTSE 100’s sharpest faller, with the United Arab Emirates hospital operator hitting a two-year low.

Barclays analysts said they had received “numerous questions” from clients about NMC on Tuesday after Muddy Waters tweeted to tease its research without naming the target. “We believe accounting concerns are misplaced and . . . see an increasing disconnect between fundamentals and valuation at a company with a demonstrable track record in execution,” the broker said of NMC.

[asif1230] 07/8/2019 18:45

I cant imagine how this stock is still where it is. The entire healthcare sector in UAE is in turmoil. Why NMC would be different is beyond me. I would stay away.

[steeplejack] 07/8/2019 18:35

Other than speculating that Muddy Waters are preparing a tome,the movement of this stock is unfathomable.Oh there are short positions of note but in the last fortnight,we've had buys from Goldmans and Barclays with TPS of over £40 ,recommendations from Tempus and Motley Fool plus the closure of a rather concerning loan (belonging to the vice chairman ) backed with some 6.6m NMC shares.The stock is but a half of its all time high when such august publications as the Investors Chronicle :) trumpeted the company's praises as a solid long term buy.In fact(naughty boys Jeffries apart)this company appears to attract universal approval .Nonetheless the shares are hitting new 52 week lows.The shares are an enigma. Anyone who seriously thinks that they can predict such share price movements with regularity is deluding themselves.It would easier to consistently pick Grand National winners.

[dickiehh] 07/8/2019 18:29

Anyone know the reason for today's drop?

[bingaxu] 07/8/2019 18:28

https://wagnerbusinessreview.com/stinging-investors-pi-levels-of-nmc-health-plc-nmc-l-at-0-854248/130236/

[steeplejack] 07/8/2019 14:23

Yes and of course Goldman's reckon it's worth £40.

[smokybenchod] 07/8/2019 14:22

Down 7% on no news. Why does this behave like an AIM stock?

[steeplejack] 07/8/2019 14:10

CFDs are ok if you want to short or hedge but for longs...a brokers benefit

[napoleon 14th] 07/8/2019 13:56

Stopped out!

Gave back this morning's gains.
Still wondering if the CFD game is any good, other than for brokers......

[napoleon 14th] 07/8/2019 12:13

Crazy today. Went long just after the open, closed well up, gone long again.

Yoyo.

[aquaesulis01] 06/8/2019 15:51

Why would any LTH exit before the Results on 22nd Aug?

[aishah] 06/8/2019 15:36

Exited today. Been a good ride since 750p

[steeplejack] 06/8/2019 15:19

Who knows,it's a bloody mystery.The stock is locked into a trading range with resistance around the £25 level.If I was running this company,I'd consider delisting and going private.

[alexka1] 06/8/2019 15:02

whats happening to stock this afternoon?

[steeplejack] 05/8/2019 08:18

Yes that is good news.It eliminates a real concern that has been exploited by the bears.