Nmc Health Share Discussion Threads

[cool runnings] 10/3/2020 16:25

NMC Health has identified over $2.7bn in undisclosed debt. Takes total to around $5bn.

[dagsteeth] 10/3/2020 16:25

Dont they chop of thieves hands in the Middle East. All shareholders should be invited to watch before being let loose on them

[monte1] 10/3/2020 16:21

No doubt ‘a big boy did it and then ran away’.

[m1das_touch] 10/3/2020 16:18

Finablr PLC Shareholders now rushing for the exits too...what a mess.

[seekthetech] 10/3/2020 16:15

7bn!! Time for some non execs to go to jail. Equity clearly zero

[m1das_touch] 10/3/2020 16:15

I've already written off my small holding and doubt there will be much left now for shareholders as they will undoubtedly need to raise significant funds.

Some debt used for non-Group purposes too, i.e. fraud. Have to hand it to Muddy Waters I guess.

[derf1953] 10/3/2020 16:15

Bloomberg news NMC.

[m1das_touch] 10/3/2020 16:13

Oh dear - debt is around $5b!!!

[tsmith2] 10/3/2020 15:52

ie. ambulance chasers

[nael2020] 10/3/2020 15:51

ps://www.arabianbusiness.com/banking-finance/442547-abu-dhabi-insurer-steps-in-to-help-nmc-health-pay-salaries

Abu Dhabi insurer steps in to help NMC Health pay salaries

An Abu Dhabi-owned insurer is helping NMC Health Plc pay overdue bills, according to people familiar with the matter, in what could be a sign the emirate is stepping in to help the embattled hospital operator.

The National Health Insurance Co, known as Daman, is speeding up payments to Abu Dhabi-based NMC so it can pay salaries and other invoices, the people said.

The move by Daman, which is 80%-owned by Abu Dhabi’s government and the rest by

[monte1] 10/3/2020 09:46

tbf it does appear, prima facie, that shareholders have suffered loss due to company misdeeds and a breakdown in governance.

[monte1] 10/3/2020 09:37

Indeed so - becoming ex-shareholders for one.

[smcni1968] 10/3/2020 09:35

The law suit is standard US practice every time a share price nosedives some little law firm seizes the opportunity. Very rarely is anything heard about it subsequently. NMC shareholders have bigger things to worry about!

[tmiah22] 10/3/2020 09:10

This is typical of an American law firm to make a quick buck out of suing. It is an opportunistic approach to shareholders They aren't interested in well being of NMC whether it is successful or goes bust. Similar situation happened with Burford but that case was dropped. I wouldn't pay too much attention to this.

[smartie6] 10/3/2020 07:23

Dreamers.
PIs will always get stuffed.
You need a seat at the big boys table.

[jasonblue66] 10/3/2020 07:21

One thing with this share is that nothing is clear, that's that's the problem.

[monte1] 10/3/2020 07:19

It is becoming his increasingly clear that any bid here will be for asset purchases only, not the equity and assets with all the debts and liabilities that would attach.

[jasonblue66] 10/3/2020 07:04

https://simplywall.st/stocks/gb/healthcare/lse-nmc/nmc-health-shares/news/are-you-an-income-investor-dont-miss-out-on-nmc-health-plc-lonnmc/

[jasonblue66] 10/3/2020 06:46

And why and how can they expect to gain from a company that is said to be 2billion in debt?

[jasonblue66] 10/3/2020 06:45

This sounds strange to me, why issue this now, there is clearly talks underway to save this company, but this proposed action is to clearly undermine the company further? Do Goldman Sachs have short positions on their holdings?Is this to scare potential bidders and secure the short positions?This action will damage NMC share price further, especially it is not clearly know figures have been mis reported yet, or do they know something?

[damp seaweed] 09/3/2020 22:53

Nice to see the price holding up so well, when elsewhere there’s is carnage 😎

[silverstone1] 09/3/2020 22:15

I HOPE THAT EVERYONE FOLLOWED MY ADVICE LAST MONTH WHEN I SAID NMC WILL COLLAPSE AND THE FTSE WILL GO UNDER 6,OOO?