Nmc Health Share Discussion Threads

[costax1654x] 17/12/2019 15:58

If no RNS tomorrow...is not going to be funny anymore

[stdyeddy] 17/12/2019 15:57

Why brexit? Is the report definitely not true?

[brexitplus] 17/12/2019 15:56

SUGGEST NMC recruit Burford to fund action against MW.

[stdyeddy] 17/12/2019 15:56

If the report is true, the bad people here are the company's directors and its auditors.

[stdyeddy] 17/12/2019 15:54

foetus, MW could argue that they're exposing fraud and keeping the market honest, protecting innocent investors (but not the ones who've been potentially conned in the first place by buying into a fraud or a misrepresentation). Have you read the report?

[costax1654x] 17/12/2019 15:54

If is nothing to hide!

[tsmith2] 17/12/2019 15:52

Relatively small free float. Company will respond tomorrow

[stdyeddy] 17/12/2019 15:51

There's no problem with my approach smithy. I said IF the claims are true... Have you read the report?

[mad foetus] 17/12/2019 15:49

I've no position here but I think the LSE needs to step in. NMC was a FTSE100 company. MW may have a high profile, but they are a small, unregulated business operating from the US who do not even have a declared short position in NMC. It is simply not right that a FTSE company can have its market cap halved in this way. I'm not blaming MW, but we are seeing that the LSE simply does not have the depth and liquidity to cope with this sort of activity. And why invest in any company if there is the chance they'll have half their market cap wiped out before they can even muster a response?

[tsmith2] 17/12/2019 15:49

The problem with your approach is that you are taking every word muddy are saying to be absolutely true let alone remotely true Anyone who has seen their previous recent raids knows you need to take what they say with a huge huge pinch of salt, and then some more

[costax1654x] 17/12/2019 15:45

Below 1450 is a problem!Let's see if it holds

[stdyeddy] 17/12/2019 15:40

I'm on pg34 (last page). If the claims in this report are true, a bidder is definitely not coming.

[biteherbutt] 17/12/2019 15:36

bidder coming

Private healthcare is often met with a raised eyebrow in the UK but in the Middle East it is big business.

Today NMC Healthcare, which owns private hospitals across the United Arab Emirates, saw its shares rocket after it confirmed it had received two separate bids to buy a 40% stake in the company.

One of the offers is understood to be from Chinese conglomerate Fosun, which also has stakes in Thomas Cook and Club Med.

The target 40% stake, worth £1.6 billion, is jointly owned by the chairman of Abu Dhabi-based investment firm KBBO Group, Khalifa Butti Bin Omeir, UAE-based businessman Saeed Bin Butti Al Qebaisi, and Infinite Investment, a vehicle linked to the two men.

One broker said: “The Middle East healthcare market is big business as there is no public NHS. The bidders are also taking advantage of a sharp fall in NMC’s share price over the past year.”

NMC Healthcare’s share price has dropped 37% since the turn of the year after poor trading but this session it was up 28%, or 553p, to 2489p.

[costax1654x] 17/12/2019 15:35

Told you is dropping to 14500,if it doesn't hold,1100!Needs double bottom before buying!If company doesn't answer tomorrow,,,,big problems

[retsius] 17/12/2019 15:30

Sorry for all genuine investors here.

Totally shafted, out of the blue.

[stdyeddy] 17/12/2019 15:30

scooper, I felt the same way. I'm on pg26 of the report now (prompted by the many comments on here from people saying the report was rubbish even though they hadn't read it) and I've got some doubts emerging. The report is easily downloadable. I recommend a read. My interpretation so far is that MW is accusing NMC of fraud. If it's true, I don't know where the share price is going. But it might not be up.

[costax1654x] 17/12/2019 15:29

I will buy only if It jumps twice from 1450!

[scooper72] 17/12/2019 15:23

Got some at 1500. I know it is a bit rough and ready but my thinking is whatever they have being accused of doing - it can't undermine by 40 percent in one day what they have been building up in the health care industry over the last few years.

[stdyeddy] 17/12/2019 15:21

Still a straightline down. 1400 looks like the destination by 4.30pm.

[scooper72] 17/12/2019 15:20

Maybe it's just Hargreaves having probs

[costax1654x] 17/12/2019 15:19

Best strategy is to wait if 1450 doesn't hold 1100 is next