Spire Healthcare Share Discussion Threads

[justiceforthemany] 18/10/2018 12:25

Price is even below the lowest broker targets of 120p now. Shorting during a probable closed period is very risky.

[justiceforthemany] 18/10/2018 12:23

Ever heard of HCA?

[jonwig] 18/10/2018 12:10

Possible acquirers are in no position to bid. Ramsay Health is in a mess and is busy trying to buy Capio in the EU, whilst Mediclinic is far from happy.

If there are shorters here, it's because they've done a lot of homework and think the risk worth taking. They are not the cause. Blaming rigged markets and manipulation for this performance might ease the pain, but if you really think the shares are worth holdiing, stick to your guns.

I considered buying these after the drop in August (about 170p) but didn't understand very well how the debt covenants stacked up. I still don't. (Something to do with provision for alternative use.)

[its the oxman] 18/10/2018 11:55

Surely we aren't going to break 100p here, but it's not far away now. Need a positive update of some kind though not sure that's likely either.

[justiceforthemany] 18/10/2018 11:42

Amazing to think now but people were loading up at 190p here a month or two back thinking it was a bargain. Now 114p! Brutal scandalous rigged market. Call it what you will but take out all intangibles and goodwill from the balance sheet and you still get a value of 130p. No directors buying since August at 160p (other than the new CFO) who I believe is exempt from closed period rules. Justin Ash did the same last year as the new CEO.

[blueball] 17/10/2018 20:45

Stay in cash.

[justiceforthemany] 17/10/2018 18:19

Down 30% in a month!
53% in 2 months.

[justiceforthemany] 17/10/2018 16:09

No chance! There is ample dividend cover even in a bad year of more than 2x.A full year dividend of 3.8p was hardly big in the first place.

[sza2002] 17/10/2018 15:45

Dividend for the full year will be cut I think. Not too long ago 120 seemed impossible. I have a feeling it will turn around soon. I bought some more today lol.

[bountyhunter] 17/10/2018 13:59

that's 16/11 according to advfn financials

[justiceforthemany] 17/10/2018 13:50

Ex dividend 15th November
1.3p
Spire

[bountyhunter] 17/10/2018 13:27

3%+ yield now XD 16/11

[blueball] 17/10/2018 08:58

Where is the support here..?

Will 120p hold.

[justiceforthemany] 17/10/2018 08:37

Mediclinic down 20% after IMS. Market now expecting another bid for Spire it seems. Matter of when not if.

[bountyhunter] 16/10/2018 20:36

United Health is the biggest gainer on the Dow tonight up over 4%

[cantrememberthis2] 16/10/2018 13:29

Could explain shorts... jockeying...

[justiceforthemany] 16/10/2018 13:11

Mediclinic reporting tomorrow. IMS.

[cantrememberthis2] 16/10/2018 13:09

They all are... wish the FCA would ban short selling full stop. It skews the market in severe ways.

[cantrememberthis2] 15/10/2018 21:32

Finally shown their hands...

Connor, Clark & Lunn Investment Management Ltd 0.51% 0.0% 12 Oct 2018

[cantrememberthis2] 15/10/2018 15:47

Hundreds of Blackpool patients transferred from NHS to private hospital in bid to beat cancer waiting time targets

www.blackpoolgazette.co.uk
2 mins read


Patients were moved to the private hospital Spire (Picture: Google)
Hundreds of patients have been transferred away from the NHS towards a private hospital in a bid to beat cancer targets.
Some 300 people waiting for various minor procedures were moved to the Spire Hospital in St Walburga’s Road to help the trust running Blackpool Victoria Hospital try and meet its urgent GP referral and 62-day targets.

Dr Amanda Doyle (inset), accountable officer for Blackpool and Fylde and Wyre Clinical Commissioning Groups (CCGs), which are responsible for organising and paying for residents’ health care, said: “We do all we can to ensure patients are referred to high quality services within set time frames.

"Working together with partners across the Fylde coast, the decision was made to transfer a number of routine elective cases to Spire Fylde Coast to free up capacity and access to timely appointments for cancer patients.”


The CCGs pay Spire to take a certain number of patients every year, and this move will not cost extra on top, a spokesman told The Gazette.
Government targets say patients with suspected cancer should be seen by a cancer specialist within a maximum of two weeks and a maximum of two months – or 62 days – from urgent referral for suspected cancer to the first bout of treatment. Two-month targets are also in place for referrals from an NHS cancer screening service to first definitive treatment, and from a consultant’s decision to upgrade a patient’s priority.

[jonwig] 15/10/2018 15:24

@ cantremember (post #884) "they COULD buy the remaining shares at substantially less than 300p, 225p in some ways"

I think the point is that they have to buy the debt as well (ie. be responsible for it). This is why some companies are sold for £1. Can they do an Ashley and "sod the debt"? I doubt it, in this case, if only because prop covs such as security might apply.

I'd add that shorters are the canary, not the coalmine.

[windsor430] 15/10/2018 14:43

New to this board - so anyway to prove or disprove that? Anecdotally & evidentially this looks v good value eg when looking at their assets, increasing wealth of the richest, opp for takeover, plus short-term - the effect another cold, hard winter will have on NHS.