Nmc Health Share Discussion Threads

[stdyeddy] 17/12/2019 16:40

A good omen smithy. looks like an immediate bounce tomorrow.

[lionheart69uk1] 17/12/2019 16:39

I bought at 1550p this afternoon and anticipate selling at no less than 2275p next week. I love this market. Some idiots genuinely believe what those Muddy Waters crooks say despite their history of scaremongering.

[tsmith2] 17/12/2019 16:38

Look at size if UT and premium...open up north of £20?

[stdyeddy] 17/12/2019 16:38

what are you doing here then?

[mad foetus] 17/12/2019 16:36

I think if a FTSE 100 company loses 40% of its value on the comments of an unregulated, small scale market participant that is not the sign of a healthy market. If this was George Soros or Fidelity, fine, but what is Muddy Waters YTD performance? I believe it was 12% earlier today, so less than a tracker. The fact that such an entity can so move the market so far isn't a good thing.

[gilesy] 17/12/2019 16:35

read the report
if i held these (which I dont) I would definitely be selling out

[littlepuppi7] 17/12/2019 16:35

Bounce on tomorrow it looks like...

[stdyeddy] 17/12/2019 16:31

You are aptly named mad-one. Take a look at the turnover value in shares today for NMC and then tell me again that the UK market doesn't have depth. Tullow dropped over 70% without Muddy Waters help. It was more actual muddy waters, but that's beside the point. The fact is, if a publicly listed company is suddenly revealed to be worth a lot less than everyone thought, then the shares dive. And if it's worth more, they rocket. As I understand it, the best advice is, diversify and don't get over-exposed in one stock.

If MW is wrong, this is a great opportunity for NMC shareholders to massively average down. You might want to shake Carson Block's hand later this month. I suggest reading the report first though.

[mister md] 17/12/2019 16:28

'the share buyback programme will, subject to shareholder approval, only be employed opportunistically to take advantage of exceptional price volatility
'

well this looks like it meets the criteria ?!

[littlepuppi7] 17/12/2019 16:28

It was a 5bn company, it would have to be 250m plus in size to notify...

[lomax99] 17/12/2019 16:26

According to the FCA's short register dated 16/12/19, MW does NOT have a notifiable position in NMC! (Late notification and closing out?)

[stdyeddy] 17/12/2019 16:19

Let's see what the NMC arabs have to say for themselves tomorrow. I've got a very small long position in anticipation of a well-fed dead-catter. I'm not sure about the longer-term. Good luck everyone.

[tartshagger] 17/12/2019 16:10

Redmayne Bentley were putting their retail clients into this two years ago at £40 a pop. They were also heavy investors in Microfocus and Burford - my spies in their Bond Court office say many clients have suffered 30% draw downs on their accounts. So are RB worth their exorbitant "advisory" fees? IMHO no, leave and find a cheap execution only platform.

[costax1654x] 17/12/2019 16:09

Needs to drop again for double bottom...no less than 1450

[stdyeddy] 17/12/2019 16:07

foetus, it took about 20mins to read that report. The finance director could've rushed out a rebuttal easily, if it were completely untrue.

Investors don't have to sell; many have read the report and made a decision. Shorters won't short if the market realises that it's rubbish (by reading it) and buy up the shares instead of letting them fall.

This one has fallen in a straight line (unlike Burford) possibly for a good reason. It's possible that this middle-eastern company has misled its investors.

[costax1654x] 17/12/2019 16:06

If no RNS tomorrow....-25%

[ch1ck] 17/12/2019 16:04

I'm in before the RNS tomorrow this could gain 25% immediately Easy money

[stdyeddy] 17/12/2019 16:03

I'm not sure it'll be a 'bloodbath'. Possibly some people will lose more money. Maybe they'll want a bath if they've been sweating profusely. I don't think blood will be involved.

[costax1654x] 17/12/2019 16:03

Exactly ...need a RNS tomorrow the latest

[rabbitfoot1] 17/12/2019 16:02

FYI the NMC market cap has now dropped so low that it cannot be maintained on the FTSE 100 index. Expect another big drop of that follow-up news item. Same recently happened to MCRO when it fell too low.

[mad foetus] 17/12/2019 16:01

Stdy I've not read the report. My point is that an orderly market doesn't exist when a single report that the company hasn't had the chance to rebut can knock a billion off a market cap. Would I advise anyone to invest on a market so thin that this could happen? No. Invest in the US instead where the same attacks happen but have much lower impact unless and until they are proven right. Look at BUR: 4 months on, no closer to the truth, share price on its knees.

[costax1654x] 17/12/2019 16:01

Is up to them!If they don't release a proper RNS tomorrow...will be a bloodbath

[costax1654x] 17/12/2019 16:00

Yes...strange!!!

[deanmatlazin] 17/12/2019 15:59

The fact that the directors not responding with RNS.... this is disturbing for FTSE company. Even AIM company that been hammered like this will issue RNS.