Spire Healthcare Share Discussion Threads

[solarno lopez] 09/2/2010 08:59

this only happens when the rest of the news is not going to be good let us pray that I am wrong

[a0148009] 09/2/2010 08:47

Is Rigby leaving of his own accord or has he been pushed by the institutions.

AO

[gskb] 01/2/2010 22:03

We already have a monetary & fiscal crisis!

Thing is, because there's an election looming , the government's doing
f all about it.

Reading the financial press / moneyweek , we're really in the s h one T.

20 % vat , here we come.

inflations already 2.9%, way above 2%.

But don't worry, we've got Gordon Brown (the man who pre warned the markets, then sold Gold ,at rock bottom) to see us right.

Borrowing's going to get far more expensive. Greece is in the doo dah
and PERSONAL DEBT is ridiculous. AAA status probably going.

Averaging down , seems to be the only option.

Best of British, everyone.

[simon gordon] 01/2/2010 18:49

A danger that could hurt SPI is the potential for a monetary and fiscal crisis to blow-up before the election due to a potential hung parliament.

If this happens then LIBOR would go higher and the cost of SPI's borrowings would leap and hit the bottom line.

Low LIBOR helped rescue their recent earnings.

Bill Gross of PIMCO summed up the British debt markets the other day:

"Of all of the developed countries, three broad fixed-income observations stand out: 1) given enough liquidity and current yields I would prefer to invest money in Canada. Its conservative banks never did participate in the housing crisis and it moved toward and stayed closer to fiscal balance than any other country, 2) Germany is the safest, most liquid sovereign alternative, although its leadership and the EU's potential stance toward bailouts of Greece and Ireland must be watched. Think AIG and GMAC and you have a similar comparative predicament, and 3) the U.K. is a must to avoid. Its Gilts are resting on a bed of nitroglycerine. High debt with the potential to devalue its currency present high risks for bond investors. In addition, its interest rates are already artificially influenced by accounting standards that at one point last year produced long-term real interest rates of 1/2 % and lower."

If we do have a crisis then the equity of SPI could be whacked.

[shauney2] 01/2/2010 18:41

Can we have that in english?

[robrah] 01/2/2010 18:16

wht u recon ppl? is this buy.?

[jab118] 31/1/2010 18:33

I SPI with my little Eye something begining with A...;-)

[jab118] 31/1/2010 18:29

Hi Angel.

Bought a few here last week as well, averaged down, evil & co, must be thinking of closing now, or has he already ?

[jab118] 27/1/2010 11:03

OK Enami.

It might have been abit over optamistic on my account, but you have to be positive when buying in.

Are you watching, holding or shorting this with evil & co?

[enami] 27/1/2010 10:42

"If the final dividend is over 4p"

LOL you will be lucky to get 1.25p, final last year was 1.14p.

[pmeldrum] 22/1/2010 16:24

Shares magazine include SPI in their cover story 'SALE Great stocks going Cheap'

Says recent share price weakness is a buying opportunity
Stock Oversold
Ability to maintain solid growth

[simon gordon] 19/1/2010 15:15

PUG - don't think SPI will be impacted by Gov as utility investment is crucial, budgets have been agreed and fixed. MER and CNT are Whitehall facing. SPI is utility facing. Much prefer SPI relative to MER & CNT, more upside and no Whitehall impact on top and bottom line.

[pugugly] 19/1/2010 15:10

SG:_ Agreed. I suspect however the share price is very much in the hands of the next Gov and how much they cut back on the spending and also where the cuts fall.

[simon gordon] 19/1/2010 14:59

PUG - that is correct. KBC also have an 80p target (100p).

If they sort out the poorly performing divisions, in 12 months the share could be 100p = 11x, 04/12 EPS of 9p.

[pugugly] 19/1/2010 14:45

SG - Although Brewin's have moved from Hold to buy they have however reduced their PT from 90p


themoreiseeyou - Not sure where you got the 150p Brewin PT for Marshall's. In their note their fundamental view is neutral and the PT only 105p Not 150 - (Thumbs / !!)

[a0148009] 19/1/2010 14:21

Looking better today, maybe the seller has finished.

AO

[simon gordon] 18/1/2010 21:31

Some points from the Brewin note:

~Telecoms expected to be sold for c.£35m within 12 months.
~Gas expected to be sold within 1 to 3 years.
~FM expected to be sold within 1 to 3 years.
~Gas will lose between £4 & £5m to 04/10.

"We can also envisage outperformance against FY11 numbers - for example the FY10 to FY11 profit bridge would be delivered if Gas broke even in FY11 ( which it could with two key problem contracts ending this year) without factoring in any growth elsewhere (be it from the core businesses or a recovery in Facilities)."

Forecast:

04/10
T/O - 417m
PBT - 35m
EPS - 7

04/11
T/O - 460m
PBT - 40.6m
EPS - 8.1