Nmc Health Share Discussion Threads

[cal57] 14/8/2019 12:21

You beat me to it .A typical shorter thinking his bias opinion means anything to anyone.The company has already stated everything is in line with expectations on all metrics including revenue.

[nsee700] 14/8/2019 11:59

@alexka - i hope you are correct, I admire your belief in this stock; I hope you have not put all your eggs in this basket. I hope I am wrong. I fear there is something else cooking here. In my humble opinion, (i wish i am wrong) I see the next stabilizing level at 1280-1380. If this breaks then the next would be at 780-880 level. I fear whatever is going on is not good and NMC is not being transparent at all about it. At this rate the company will be a target of takeover soon and may change hands in terms of ownership before the end of the year for as little as $1. Not sure what BR Shetty is thinking I don’t think he plans to sell anytime soon but nothing, not also the short sell explains the way this stock has been acting over the last two-three years both when it was on its way up to 4,000 level and now down to 1,800 level.

[jredd] 14/8/2019 11:50

That Twitter feed really makes sense and glad im holding on, feels like it's the final countdown for a really big short squeeze that will come to an end. At these prices even jefferies analyst should have a buy, depending if he is not benefiting... Their next report will definitely show how neutral and legitimate he is in his working. Biggest short in history was soros difficult to get bigger than that..

[alexka1] 13/8/2019 20:52

check out this tweet and attachment, great views and opinion on NMC stock.

I agree 100% with the huge short squeeze theory. Ratios are screaming out. I did some research and the ratios are tremendously high for a large cap (days to cover ratios and short interest ratios versus volumes that trades).

To quote:

''

Why I believe it will strongly rally - expect a ​MASSIVE SHORT SQUEEZE

- NMC​ Short interest is 23%​ of the free float. Freefloat is 85.6mio shares, so that is 19.699mio shares that are sold short.
With a volume of less than 1mio shares per day this is a ​day-to-cover ratio of >19 days.​ This is without accounting for the buy-and-hold investors, that won’t sell.

This is ​HUGE​ by any standards and the biggest indicator of the massive short squeeze to come. Please do some research on these key ratios and examples of previous cases and you will understand why I mean.

Coupled with this, insiders have been buying (CEO - He is an employee - bought over £1.8mio at 24.95 in end of May). Don't we assume that insiders know better than any outsiders or any HF based in the US of what’s going on with the company?
Chairman, also an insider, just repaid over £130mio GBP of loans, and released part of his NMC pledge. Don't we assume he is comfortable with NMC and its prospects and that he has more knowledge than any outsider hedge fund?

So you have a company with strong fundamentals, backed by analysts from the top banks globally, backed by its insiders (CEO, Chairman), with positive results expected and a bright outlook, that has its short interest over 23% of free float and clearly attacked by short sellers. ​This attack has accelerated prior to the results in 10 days. Clearly a panic mood and preparing a way to get out of their position.

As Citi mentions In its report this week, ​''​Active shorts might be opportunistically aggressive in their selling now.’'
Isn’t it a sign that this stock is maybe being pushed down for no reasons for the short sellers to create a panic and cover their shorts?

All the ratios and technicals and fundamentals are screaming out to the beginning of a massive short squeeze. ​I have never seen such a high days-to-cover ratios and short interest in a large cap company.

This is just waiting for a positive catalyst, which hopefully will be the results. These should trigger a spike, short covering and hopefully trigger stop losses for the late short sellers, even if in line with expectations. Thin liquidity will help in this huge spike i am forecasting. I would expect some of the shorts to start covering this week and early next week, which would support the stock ahead of the results. My target: £3000 by early end of August/Early September. ''

[steeplejack] 13/8/2019 18:46

Of course you're right .But beneficial currency moves,a low PEG,numerous broker buy recommendations ,the approval of Motley Fool,the Investors Chronicle and Shares Magazine,what exactly has NMC got going for it!The bull point factors have been ever present for nine months since which the shares have halved.Looks to me like the shares are good for day trading :)

[aquaesulis01] 13/8/2019 17:33

Hmmm, a Dragonfly Doji Nice Bullish reversal on the cards if you follow the candlestick patterns.

[aquaesulis01] 13/8/2019 15:20

looks like you may have called things right re the last push moneypenny, could be an interesting week or so leading upto results

[moneypenny2018] 13/8/2019 15:10

And don’t forget revenue, cashflow, dividend all in USD or USD pegged... not GBP only in currently terms GBP is 10% down vs dollar so this should be up not down...

[alexka1] 13/8/2019 14:55

Yes totally. Its just a matter of days.

[moneypenny2018] 13/8/2019 14:38

Only explanation I can think of is this is the last push form the shorts to create panic and be able to close. With >20% being short this can explode in their face.

[moneypenny2018] 13/8/2019 14:18

That would be a merger and most likely involve cash and script. Makes no sense to issue script at these prices. I doubt this but who knows. There were other operators that were supposed to list in London and canceled IPO stating “Brexit” concerns (Bloomberg article). On the point about overcapacity and many acquisitions, I note that the IVF business they bought has noting to do with UAE and IVF is doing very well right now globally.

[asif1230] 13/8/2019 13:46

Could they be getting ready to make a bid? For mediclinc middle east ????

[arja] 13/8/2019 13:04

looking at chart it is in freefall although fundamentals are still quite good I thought . No easily ascertainable chart support level

[moneypenny2018] 13/8/2019 12:52

Not the first time I ve seen share price manipulated down just to have m&a announced down the line. Speculating here but like I said the whole move looks very strange.

[aquaesulis01] 13/8/2019 11:52

The boss was confident enough in the progress and forthcoming results in May to buy 75,000 at an individual price of 2,495p, for a total transaction amount of £1,871,520, so that is good enough for me. In addition, whilst Berenberg had slashed its target price from 4700p to 3600p at that time, it kept its recommendation at 'buy', telling clients that it saw "significant upside", even before accounting for the possibility of inorganic growth or the potential from its joint venture with GOSI, the largest pension fund in the Kingdom.

[steeplejack] 13/8/2019 11:33

Except that one of the concerns is that NMC are short of the readies having over extended themselves by acquisition whilst concurrently,overcapacity in the UAE,is seeing insurers dragging their feet when it comes to settlement reflected in a rising receivable number.Its not going to be easy to change sentiment here unfortunately.Going private makes sense though.

[aquaesulis01] 13/8/2019 11:22

It would be nice to see included in the results the Board announce a share buy-back with immediate effect and special dividend payable to those on the register the morning of the results. After all with 20% shares in the hands of the shorters they'll be left to pay the dividend to the rightful holders of those shares which should see them sizzle away quite nicely.

[steeplejack] 13/8/2019 10:27

“I am not sure what shorts are up to”...theyR17;re winning,that’s what they’re up to.

Despite all the reassertions by Goldmans,Barclays and others the price continues under pressure and freaked out at the suggestion that Muddywaters might write a damning critique.There’;s something not right here.

[moneypenny2018] 13/8/2019 10:19

You think Hassana Investments will let that happen? They can just take the whole thing private... IVF and Medical operators are very sought after by PE houses right now. CEO bought at £24 and put down ~£2m, most of the company revenue is USD or USD pegged. I am not sure what shorts are up to but I am considering putting a big check here.

[steeplejack] 13/8/2019 10:18

Cut holding by two thirds first thing.I fear the results will just provide an opportunity to scour for negatives.Afterall,we know the figures will look ok on the face of it.

[johnrxx99] 13/8/2019 09:27

It is next to Centrica at the bottom of the FTSE100. Next review and it's out. I hold but currently v. worried.