Spire Healthcare Share Discussion Threads

[floridamassive] 08/8/2018 10:59

SPI upgrades to Neutral with a price target of 215 by credit Suisse this morning.

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assessment Assessment
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target Latest
target Target
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August 2018
Credit Suisse 08/08
Upgrades
Neutral
215.00p

[blueball] 08/8/2018 10:21

100p target here.

[minerve] 08/8/2018 10:21

"unable to forecast its own business"

And analysts can?

LOL

[justiceforthemany] 08/8/2018 10:17

BUZZ-Spire Healthcare: falls after Berenberg double-downgrade

Given that guidance was reiterated 10 weeks ago, operations have clearly taken a marked turn for the worse, and the lack of new guidance indicates that management is currently unable to forecast its own business" - Berenberg

[anderson3] 08/8/2018 10:13

Surprised they keep going down

[justiceforthemany] 08/8/2018 09:59

Woodford made a good decision for a change!
Double downgrade from Berenberg

[justiceforthemany] 08/8/2018 09:15

Floated at 210p

Rejected bid at 315p

Now 178p

Board deserves to be sacked.

Reward for failure again and again among the city boys.
In any other profession they would have been sacked already.

[floridamassive] 08/8/2018 08:17

Another bid is imminent here, load up at this ridiculously low price while you can. Market massively overreacted here, looking at the charts and fundamentals, fair value is around £2.75-3. This is SOLID BUY for me, while all the sheeps are taking losses :). This share will do well over the coming days/weeks.

[bountyhunter] 08/8/2018 06:56

jftm - no advice needed thank you;
why do you hold any shares at all here given your views?

[blueball] 08/8/2018 05:40

stay in cash.

[justiceforthemany] 08/8/2018 00:10

bountyhunter if that is your policy for investing I recommend you load up on Debenhams as I would say fear and shorts is at the absolute maximum level right now over there!

[bountyhunter] 07/8/2018 20:57

That's your opinion. I have done quite well doing the opposite.

Be Fearful When Others Are Greedy and Greedy When Others Are Fearful.
Warren Buffett

[justiceforthemany] 07/8/2018 18:16

Never buy a share in the hope of a takeover. Dividend (if maintained) is a pitiful 2% here. P/E is at best 15-16. NHS pressures/cost cutting. Costs out of control. Correctly predicted the last Mediclinic approach and sold most at 300p from 220p. Have a small holding at 190 currently. I see many months of the share price doing nothing. Justin Ash new CEO is only a few months into his job and I do not see him accepting any low ball offers. Mediclinic have their own problems.

[bountyhunter] 07/8/2018 11:54

fair points EI, any bidder would have to be thinking medium to long term and making cost savings including from business synergies, but if the price was right now may be a good time for a predator while all is doom and gloom and the share price is way down (and self paying patients are actually on the rise - "In H1 2018, Self-Pay revenues increased 8.3%")

[essentialinvestor] 07/8/2018 11:29

MDC is trading at multi year lows.

Would agree another bid (from somewhere) is a possibility.

However, sector cost pressures should not
be underestimated.
The NHS currently has approx 100,000 job vacancies.

Yesterday's statement provided no numbers on estimated
cost saving, and net debt increasing even with the sharp CAPEX fall.

[justiceforthemany] 07/8/2018 11:22

NHS tightening. Eastbourne what makes the bid inevitable?!

[justiceforthemany] 07/8/2018 11:22

Disagree. What makes people think board will accept low ball bid after rejecting 315p? What has changed in 6 months??

[buywell3] 07/8/2018 10:28

Is the advfn P/E of 44 correct ?

[bountyhunter] 07/8/2018 10:25

yes a sitting duck now

[eastbourne1982] 07/8/2018 10:07

Another bid is inevitable, the question is whether it comes from MDC or another organisation.

I've bought more at £1.88.

[bountyhunter] 06/8/2018 22:04

quite possibly abcurtis, they certainly seemed to be trying to paint as bleak a picture as possible with this morning's RNS! now of course if another bid comes in it will seem like a knight in shining armour!

[opodio] 06/8/2018 16:16

yes have added here. A year agO;

Mediclinic made its opening offer in late October, and Spire disclosed on Monday it had received a revised takeover proposal on November 13 of 165p per Spire share in cash and 0.271 new Mediclinic shares. This valued Spire at the equivalent of 315.5p per share or £1.3bn.



Mediclinic is on a high PE wil be keen to wrap this one up and bid