Spire Healthcare Share Discussion Threads

[justiceforthemany] 24/10/2018 08:28

A drop of this magnitude is not caused by PI's selling so again where are the reduced holdings RNS from funds and institutions?

[sza2002] 24/10/2018 03:34

Shorts are winding down; Marshall Wace LLP 1.34% 18 Oct, 1.28% 19 oct.

[bountyhunter] 23/10/2018 20:52

good point jfm

[justiceforthemany] 23/10/2018 20:46

Anyone had any luck when calling IR or the board? Any comments re:closed period???

60% drop in under 3 months - where are the holdings RNS?

[justiceforthemany] 23/10/2018 20:43

247p as recently as 1st August!

[bountyhunter] 23/10/2018 15:28

nice bounce you mean, when will that end!

[blueball] 23/10/2018 14:05

Constant drop everyday when will it ever end..?

[cantrememberthis2] 22/10/2018 22:18

Slowly slowly catch the monkey.

The lower it goes the less MDC need to fork out.

They took a massive hit on their 360p 29.9% holding.

Holding 2/3rds in MDC
1/3rd in SPI

End Game upon us soon enough... IMO

[blueball] 22/10/2018 19:02

100p this week..?

[cantrememberthis2] 22/10/2018 14:03

Agreed.

£20k in today.
Lets see where this takes us.
Oversold and shorted.
No major seller as such in my opinion.
Yes EPS is low but the NHS can only cope with so much.
Markets don't like uncertainty and the whole debt covenant thing is being played by Shorts - IMO.
Might see a very strong bounce day soon(ish) too.

[fahads] 22/10/2018 10:06

isnt net debt to EBITDA at HCA greater than 4x?

[justiceforthemany] 22/10/2018 09:55

It was widely rumoured HCA were prepared to pay 460p for Spire just 2 years ago.

[justiceforthemany] 22/10/2018 09:54

HCA market cap 46Bn USD

Spire £450M

It would be very very easy for HCA to buy Spire.

[w1ndjammer] 22/10/2018 09:03

got myself a few of these looks cheap, lets see what
happens over the next 12 months..

WJ.

[sza2002] 21/10/2018 07:39

Shorters:

Marshall Wace LLP 1.64% 8 Oct, 1.56% 12 Oct, 1.46% 16 Oct; GSA capital partners LLP 0.54% 4 Oct, 0.47% 11 Oct; Connor, Clarke & Nunn Invest 0.51% to zero 12 Oct; World Quant LLC 0.52% 20 Sept, 0.48% 8 Oct.

[bountyhunter] 19/10/2018 21:09

If that was the case they would have had to make holdings announcements when 29% and each per cent below that was crossed. I've never seen a share drop like this without an obvious reason, it held at more than twice this level throughout the Ian Patterson crisis and that is now history. I put the rapid descent to these ridiculously low levels down to shorters who will have to close at some point in which case we all know what will happen then.

[bolador] 19/10/2018 14:34

I think that the chance of the well known 29.9% Mediclinic stake being offered around has partly caused the latest collapse since Medi s results.But that does not make sense.
The UK market is very depressed with a lot of quality stocks having dropped huge amounts without reason. Look at Aviva or Johnson Matthey. When quality buisnesses, blue chips are so weak who wants to support difficult situations like Spire. Of course there comes a time but it does not seem to be yet. But it must make sense for Medi to buy the rest of Spire for they can consolidate the accounts and draw in the nav of 225ps to boost the balance sheet of Medi.

[jonwig] 19/10/2018 13:41

I guess any corporate action would be for individual properties, which would help Spire pay down debt. Buying the whole business - debt included - seems a bit daft.

[windsor430] 19/10/2018 13:35

It would be incredible if the Execs at Mediclinic were making bids of 300p just months ago and then contemplating selling at 100p. I can not believe top people delivering on a strategy could shift it so dramatically. The two approaches would be as different as night and day.

[justiceforthemany] 19/10/2018 13:20

For every seller there is a buyer. Someone is loading up at rock bottom prices. If Mediclinic dump their 29.9% stake they will be crystallising a loss of £325M.

[tbr25] 18/10/2018 23:35

HCA are dominant in the London market which Spire has never found an economically sensible way to break into. However, Spire has a good representation around the fringes of London . This might be attractive to HCA but what about the rest of the country?There is no homogeneous private healthcare hospital market in the Uk. It is a series of very local markets each of which has different competitors ( Ramsey, Nuffield BMI etc) and each of which is dependant on the whims and preferences of local Consultants.Overlaying this is the variable appetite for the NHS to outsource procedures.

[bolador] 18/10/2018 22:36

Cheap 29.9 being offered around ?

[justiceforthemany] 18/10/2018 12:54

Even on the reduced earnings guidance P/E is looking cheap at this crazy price.

[blueball] 18/10/2018 12:32

80p is possible.

[essentialinvestor] 18/10/2018 12:27

Some here have shot down anyone who has tried to offer a more cautious view.

You can't rule out a bid, however the offer they turned down is
unlikely to be seen again.