Spire Healthcare Share Discussion Threads

[bountyhunter] 09/8/2018 11:45

absolutely

[eastbourne1982] 09/8/2018 11:45

The listed PE ratio is irrelevant on many levels.

Ebitda for half year was 66 million, a lot of this is converted to cash.

Spire is also packed with assets in terms of property and equipment.

[bountyhunter] 09/8/2018 11:43

based on out of date EPS significantly reduced by Patterson exceptionals

[buywell3] 09/8/2018 11:40

P/E according to advfn is 37 and the FT

[bountyhunter] 09/8/2018 11:37

double bottom?

[its the oxman] 09/8/2018 11:27

Looking great value c.160p. Hoping for a recovery toward 200p over the weeks ahead. Just got to wait for those wanting to dump the shares at any price to finish up.

[brads13] 09/8/2018 11:12

"This also proves you can never trust the buy and sell ratios. They are showing as equal for today despite a >7% drop"

Isn't this just the MMs responding to buy/sell pressures and keeping a balanced position?

[justiceforthemany] 09/8/2018 10:38

Investors Chronicle/Financial Times were tipping this as a BUY just 2 days ago at 188p! 'Recovery potential'. Looks very bad for their so called experts also.

[justiceforthemany] 09/8/2018 10:31

This also proves you can never trust the buy and sell ratios. They are showing as equal for today despite a >7% drop. Opaque and rogue shorter driven market.

[citytrader66] 09/8/2018 10:29

i'd probably be happy to sell at 192p as i'll be in quite a good profit. thats the problem with catching a falling knife, sometimes you are happy to get out just breakeven. 228p looks possible on takeover rumour.

[jbravo2] 09/8/2018 10:27

Well FWIW I sell to Spire and think it's well oversold now.
I'm in.

[asif1230] 09/8/2018 10:26

German bank Berenberg has double-downgraded its recommendation on Spire Healthcare Group PLC to ‘sell’ from ‘buy' due to concerns over its cost base and the likelihood of a turnaround in its fortunes over the short-term.

Berenberg also slashed Spire’s target price to 120p from 290p.


READ: Spire Healthcare shares dive on profit warning, lower NHS referrals

Earlier this week, shares in the FTSE 250-listed firm hit an all-time low after the company warned it expected to report “materially lower” 2018 profits due to lower referrals from Britain’s National Health Service (NHS).

“Monday’s profit warning means we now have even less certainty of a near-term improvement in Spire’s fortunes. 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,” analysts at Berenberg said in a note to clients.

Shares in Spire were down 6.3% at 177.50p in mid-morning trad

[eastbourne1982] 09/8/2018 10:13

Yes, there must be a whole host of people looking at this, i.e. other medical businesses, private equity, investment groups etc. Interest should be worldwide as well.

The other thing that gives me comfort here is debt isn't spiralling and cost cutting is on the way, debt was actually down on the last update which is positive.

Hopefully we are near capitulation point now, I have added more this morning but am underwater with an average purchase price of £1.92.

[minerve] 09/8/2018 10:11

Self-pay healthcare is growing at 8% per annum.
Life expectancy still high and decrease likely a temporary blip probably weather related.
Tory £20Bn funding is only made through a position of weakness. The Tories do not want a large and powerful NHS. It is against their ideology and provides a foundation for Labour leaning powerful unions.
Labour cost pressure will reduce once government resolve immigration issues for NHS staff.
List of operations not covered by NHS continue to grow year by year.

[justiceforthemany] 09/8/2018 10:11

Hospital Corporation of America/HCA another possible bidder.

Hospital Corporation of America (HCA) is an American for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee and manages 177 hospitals and 119 free-standing surgery centers in the United States and United Kingdom.

[cantrememberthis2] 09/8/2018 10:09

E1982 = Very attractive share price for many non Private Investors IMO

MDC Offered 315p

Share Price 155p on print

NHS is the NHS and skint

So the news was no suprise

People get ill, die etc...

Its not a widow/orphans stock but man this is cheap.

[eastbourne1982] 09/8/2018 10:03

NMC has a very strong share price at the moment and a market cap of over 8 billion, I wonder if they could be tempted by SPI.

A combined share and cash deal for SPI could be relative peanuts for them and good timing.

[cantrememberthis2] 09/8/2018 10:00

justice - COORDINATED SHORTING ATTACK

Hence great opportunity to buy in tranches.

[justiceforthemany] 09/8/2018 09:57

40% down in 4 days!
This is a healthcare stock!

[eastbourne1982] 09/8/2018 09:53

I find this pretty staggering, with regards to shorters, this is now a very high risk short.

[cantrememberthis2] 09/8/2018 09:50

Yes, just as hard as they fall they can ping back when shorts close.

All the hallmarks of a shorting attack all those A Trades.

[bountyhunter] 09/8/2018 09:46

likewise M

[bountyhunter] 09/8/2018 09:46

not sure that the trackers move that quickly and on intraday swings

[minerve] 09/8/2018 09:45

Looking to add my second tranche soon. First was too early but I expected a quicker rebound.