Spire Healthcare Share Discussion Threads

[dendria] 06/6/2021 09:42

PB - they are disclosure forms - public disclosures by parties with a share holding of 1% or more when there is a planned takeover.

[peterbill] 06/6/2021 06:39

Lots of forms 8.3 and 8.5 - are they closing short positions?

[ropey] 05/6/2021 14:03

Totally agree, the biz is much stronger & potential to increase biz has never been better as the NHS backlog cannot be sustained alone by NHS !Cannot understand BoD's thinking unless they have an ace up their sleeve & are tempting a white knight to come forward..... let's hope so ?

[dekle] 04/6/2021 16:26

Thanks for your views, the problem I see is their main shareholder supports the deal and clearly no plans to make an offer themselves. I also think they are undervalued. With the NHS having to outsource more ops etc to help clear the backlog there has never been a better time for Spire.

[mongrels3] 04/6/2021 16:18

I hope so Dekle. The share price got to about 2.06 intraday a couple of weeks ago, so 2.40 is only about a 15% premium against that.

The offer that the board turned down about 3 years ago was around 3.10 and since then (in theory) we have better management and a stronger business.

My opinion is that 2.40 undervalues it, but as a holder that's hardly surprising.

[dekle] 04/6/2021 15:56

Does anyone think a new offer over 264p will arrive? If so from whom?

[hem007] 03/6/2021 16:51

Something cooking?

[peterbill] 03/6/2021 04:55

Spire Healthcare Group Plc has announced details of an offer by Ramsay Health Care Limited. The offer is to purchase all of the outstanding shares of Spire Healthcare Group Plc via a scheme of arrangement.

Under the terms of the offer, you will receive GBP2.40 for each Spire Healthcare Group Plc share held.

The scheme of arrangement is subject to approval at a Court and General meeting, due to be held in July 2021. If approved, you can expect the proceeds to be credited to your account upon receipt.

[fozzyb] 26/5/2021 23:58

Oppose. This has to be worth >£3 given next few years outlook of catch up money post COVID and as per the press what is freehold estate worth net of debt? Cost to build and scale cannot be underestimated. It would take years to locate, build and recruit for that many hospitals not just book value.

[mongrels3] 26/5/2021 15:40

For those more knowledgeable than I. Was Spire not obliged to inform the market of the approach? They state that the first approach was on 5th March

[richtea2517] 26/5/2021 14:16

Could get interesting

[abcurtis] 26/5/2021 11:35

I'm so glad the board rejected that offer in 2018, it's been so worthwhile holding on for a lower bid. Well done directors

[clinton baptiste] 26/5/2021 09:59

Mediclinic has provided an irrevocable undertaking to accept the offer, so a counter-bid won't be coming from them. But it's clearly an opportunistic, low-ball bid and I'm going to hold on to see what transpires. With around 30% of the shares they are some way short of the 75% they need.

[dendria] 26/5/2021 09:47

The 2017 MDC offer was around 298p - but that was cash and shares. Not sure if they could come back with a better all-cash offer.

[ropey] 26/5/2021 09:33

Need it to be post 245 to break even!It's been a dog for me for a long time, but glad to have kept it.What are the chances of a higher bid or white knight !?

[dendria] 26/5/2021 07:46

Indicates how cheap the UK market is - I had SMP taken over two weeks ago - this week it's SPI. I can see a lot of M&A activity this year.

[clinton baptiste] 26/5/2021 07:44

T/o offer at my long-term average share price Maybe they'll have to bump the offer a bit and I'll finally make some money out of this dog. Happy for the peeps who bought in over the last 12 months or so, and thankful that I added a few at 75p!

[jubberjim] 26/5/2021 07:36

Long time coming now let's see who wants to get involved

[p winky] 26/5/2021 07:35

What a nice RNs.

[ambiorix1] 20/5/2021 07:33

Recently awarded again :

hxxps://bidstats.uk/tenders/2021/W19/750780760

[rolo7] 11/5/2021 09:12

Has the seller been cleared?