Nmc Health Share Discussion Threads

[qs99] 20/3/2020 10:16

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

so current activities are OK and performing I presume? focus on "previous" so maybe chase after over payments for assets etc?

DYOR

[dragonheart1] 20/3/2020 10:06

Thanks for sharing Neal. BTW, I raised a complaint with FTSE Russell re them using ADR price for index valuation and got a following response:


———;——
The index price assigned to NMC of £1.11 is completely distinct from the London Stock Exchange (LSE) pricing
Ø FTSE Russell and the LSE operate as two distinct entities (although both are part of the London Stock Exchange Group)
Ø The OTC DR price is intended to serve as a temporary valuation proxy for index valuation purposes only (the LSE price is unaffected by the FTSE Russell index price)
Ø This was guided by consultation with clients, market participants, and the FTSE Russell advisory committees; and approved by the FTSE Russell Product Governance Board.

· If NMC Health resumes trading, the index pricing will immediately revert back to the LSE price of the ordinary line (again, the LSE price is distinct from the index price)
Ø Save exceptional circumstances, NMC will then be deleted from the FTSE 100 and concurrently added to the FTSE 250 with a minimum of two days’ notice.
o This is based on the close price on the rank date for the FTSE UK series review which occurred on the 03 March 2020
o This will not be re-evaluated once NMC resumes trading - assuming the LSE trading price remains satisfactory for FTSE 250 inclusion. FTSE Russell will review and confirm via an index notice once NMC resumes trade on the LSE
o Regardless, the OTC DR price will not be considered when evaluating any future index inclusion or exclusion decisions – again, the OTC DR price serves solely as a temporary valuation proxy for the purposes of the daily index calculation.
o Future FTSE UK series’ inclusion or exclusion decisions will be based on the LSE ordinary line price ONLY (and subject to all other inclusion criteria as detailed within the FTSE UK series ground rules).

· NMC will continue to be monitored in accordance with the Suspended Stocks’ guidelines (Section 4.18: hxxps://research.ftserussell.com/products/downloads/Corporate_Actions_and_Events_Guide.pdf).
Ø If NMC has not resumed trading after 60 business days, it will be removed from the FTSE Russell indexes altogether at the subsequent index review (refer to above guide for full detail)
o In this scenario, the removal price is typically set to zero; however if there is an alternative market-related value, this may be used instead
o The proposed removal price will be announced publicly providing an opportunity for users to opine
o As of today (19 March 2020) NMC has been suspended for 16 business days

· Finally for your reference, the FTSE UK series’ ground rules which details the process for evaluating index eligibility: hxxps://research.ftserussell.com/products/downloads/FTSE_UK_Index_Series.pdf

If you require any further details, please do not hesitate to contact us.

[nael2020] 20/3/2020 08:11

NMC HEALTH (JE.) 18/25 CV Bonds are 25% up

22.53

4.60 (25.63%)

3/20/2020 BER

[bjfanc] 20/3/2020 06:44

Will be interesting to see if they ever disclose who the additional debt/lenders are.

[waynesplash] 19/3/2020 12:53

Anyone got a link to this ADR stock list please ???

Wayne

[hatfullofsky] 18/3/2020 22:30

This is by far my best performing share this week ! ;-)

[karateboy] 18/3/2020 20:16

Almost a week gone from the last RNS. We should hear something from Independent Review committee perhaps this week.

[hsdeo1] 18/3/2020 14:58

down 28% - the problem is volume is low and moves on a whim

[nael2020] 18/3/2020 14:27

Today ADR fluctuates up and down

[nael2020] 18/3/2020 14:21

ADR 7.99$ 33% up so far

[nael2020] 18/3/2020 14:03

ADR 28% up

[smartie6] 18/3/2020 10:06

Aren’t you already disturbed? Lol.

[nael2020] 18/3/2020 10:06

Junkie like corona virus , never get any good from them except the harm and disturbance

[spac1] 18/3/2020 10:05

Is the ADR a true reflection of NMC stock price? Here is a chart that might answer the question.

[nael2020] 18/3/2020 10:03

Never mind but make sure dont miss your DSS Giro this week otherwise you will be starving

[monte1] 18/3/2020 09:48

In hindsight, yes.

However you have now missed the boat.

C’est la vie.

[nael2020] 18/3/2020 09:45

What do you think, does worth it to invest in the Methadone and other drugs rather than NMC?

[monte1] 18/3/2020 09:39

No. None at all.

I hope this helps.

vbrs

[nael2020] 18/3/2020 09:24

Innocent question, anybody has got any idea about the methadone price these days, has it been affected by the fluctuations of the FTSE 100 at this current time or not??

[monte1] 18/3/2020 09:01

But I like it ‘here’.

There are lots of nice avatars about to have sane rational freebb debates with.

[nael2020] 18/3/2020 08:50

To all junkies , rather than coming here and wasting your time checking the NMC news and prices , is better to go and check your junks prices , has your junks market crashed as we ?