Nmc Health Share Discussion Threads

[uwinsomeulosesome] 12/3/2020 08:34

"suspected fraudulent behaviour in relation to some elements of NMC's previous financial activities."

RNS

[goliard] 12/3/2020 07:51

Nael2020 the UAE govt may step in to save NMC but they won’t save shareholders. You are confusing the equity value with saving the company. If you are a shareholder it is the equity value that matters. Why would anyone or any government save your position?

[lako42] 12/3/2020 07:47

I can guarantee that not one person took your advice.

Some egomaniacs on here.

[sr2day] 12/3/2020 06:51

Quite a few posters asked others to be careful but unfortunately it is human nature we have to prove that we right.it is that ego thing.one usually pays dear if you do not at least consider what others are saying.

[smartie6] 12/3/2020 06:51

Anyway guys, if you were feeling down, at least those in the markets are now feeling it too. Unless of course you’re in both.

[dudishes] 12/3/2020 06:33

Gave you fair warning prior do default, some took it, unfortunately many didn't.

Those that didn't Sorry, your loss.

I shut my short some 2 week prior to club closure, announced on here. If one took no heed, then should do more research!


DYOY

[dudishes] 12/3/2020 06:26

No hope, infact funny, ripped to shreated!

[sr2day] 12/3/2020 06:23

although the situation looks hopeless i suggest all holders wait until the suspension is lifted.there is nothing you can do.i know a lot of you have lost a lot but try not worry about it. i lost over £50k on the stock market but learned from it and still in with a shout.so do not despair.there is always hope as long as you are healthy..

[dudishes] 12/3/2020 06:21

Threats, not bail, Whatever, cominging clear of a rarce

[kemche] 12/3/2020 06:19

They may well step in to "save" NMC - but not the shareholders.

[nael2020] 12/3/2020 05:21

In all cases , UAE will step in the NMC

[nael2020] 12/3/2020 05:20

In all cases , UAE will step in the NMC

[jasonblue66] 12/3/2020 04:58

Don't forget to say ' I,M A RETIRED STOCKBROKER " we wouldn't want to forget that one.....lol

[nael2020] 12/3/2020 03:51

Important Notice


hxxps://www.marketscreener.com/news/Scott-Scott-Attorneys-at-Law-LLP-Alerts-Investors-to-Securities-Class-Action-Against-NMC-Health-Pl--30145455/?utm_content=20200311&utm_medium=RSS


Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, is notifying investors that a class action lawsuit has been filed against NMC Health Plc (“NMC Health” or the “Company”;) (OTC: NMHLY) and other defendants related to alleged violations of federal securities laws. If you purchased NMC Health securities between March 13, 2016 and March 10, 2020, inclusive (the “Class Period”), you are encouraged to contact Scott+Scott attorney Joe Pettigrew for additional information at [phone] or [e-mail].

NMC Health, together with its subsidiaries, provides healthcare services in the United Arab Emirates, the United Kingdom, Spain, and internationally. NMC Health’s American Depositary Shares (“ADSs”) trade over the counter on the OTC Pink under the ticker symbol “NMHLY.”

According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective internal controls and risk management; (2) the Company engaged in undisclosed and extensive related party and de facto related party transactions; (3) NMC’s debts were significantly understated and obfuscated; (4) NMC’s cash-on-hand figures were overstated; (5) NMC’s principal shareholders were not accurately reporting or accounting their interests or stakes in the Company; (6) NMC did not review or know their principal shareholders interests or stakes in the Company; (7) consequently, the Company was not enforcing its Relationship Agreement with the principal shareholders; and (8) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

The lawsuit alleges that the truth was disclosed to the market over time, starting with a report by Muddy Waters LLC on December 17, 2019, that resulted in a stock drop of over 33%, and ending with a 63.9% stock drop on March 10, 2020, with additional drops in between.

What You Can Do

If you purchased NMC Health securities between March 13, 2016 and March 10, 2020, inclusive, or if you have questions about this notice or your legal rights, you are encouraged to contact attorney Joe Pettigrew at [phone] or [e-mail]. The deadline for lead plaintiff motions is May 11, 2020.

[urbanvoltage] 11/3/2020 23:10

The Abu Dhabi Investment Authority is a sovereign wealth fund owned by the Emirate of Abu Dhabi founded for the purpose of investing funds on behalf of the Government of the Emirate of Abu Dhabi. It manages the Emirate's excess oil reserves, estimated to be as much as $875 billion.....Trump is talking about loan guarantees for US Shale Oil companies....If someone like the ADIA were to guarantee the loans that would help to stabilise the situation considerably, with no huge investment. It does seem that DAMAN...80% owned by the government...was helpful in meeting the Feb payroll. The share suspension could go on for months while this is all sorted out. From my point of view in light of the market turbulence my investment in NMC is very stable ....my guess is that they meet their March and April payroll....and we wait for the freeh report....
hxxps://www.hl.co.uk/shares/shares-search-results/n/nmc-health-plc-ord-gbp0.10/director-deals

[uwinsomeulosesome] 11/3/2020 22:39

Not sure if this has been posted before or if its relevant.

[silverstone1] 11/3/2020 22:22

EVERYONE LAUGHED AT MY ADVICE, THEREFORE, I'VE RETURNED TO HAVE THE LAST LAUGH BECAUSE HE WHO LAUGHS LAST LAUGHS LONGEST!

[jasonblue66] 11/3/2020 21:57

Half a million quid, and he's spending time posting on ADVFN telling everyone how clever he is.....andIM A RETIRED STOCKBROKER! laughable really......

[smcni1968] 11/3/2020 21:52

Normally stockbrokers "retire" when nobody answers the phone when they call.

[silverstone1] 11/3/2020 21:38

I DON'T NEED A PART-TIME JOB BECAUSE MY NMC SHORTS AND FTSE PUTS ARE ALMOST A MILLION POUNDS IN THE MONEY!

[jasonblue66] 11/3/2020 21:32

He does like saying 'I'M A RETIRED STOCKBROKER' ALOT !

[lako42] 11/3/2020 21:26

At least you were able to get a part time job as a complete tit.