Spire Healthcare Share Discussion Threads

[watchout2] 22/4/2010 12:38

1p spread, L2 pretty even steven, profit taking matched with buying.

I'd say about right so far hence the lack of excitement compared with
yesterday.

[qipincha] 22/4/2010 12:15

very quiet

[mingle3] 22/4/2010 11:43

:) well i dont wish to get anyone in trubs, but i can say things are certainly looking interesting.

[choktaw] 22/4/2010 11:06

mingle...don't be so silly....

[soundfsilence] 22/4/2010 11:00

So the reason for your posts here this morning was to tell us that you've bought on the basis of hearing price sensative information. (Naughty naughty ;)

[mingle3] 22/4/2010 10:38

Because its sensitive.

[watchout2] 22/4/2010 10:34

Currently very little buy orders apart from the mm orders hence the pull back.

I'll update when i get back from the gym.

Good trading.

[jab118] 22/4/2010 10:22

can't really on here, why not ?

[mingle3] 22/4/2010 10:15

i cant really say on here mate.

[love it] 22/4/2010 09:57

mingle

what did they say?

[watchout2] 22/4/2010 09:55

Did you see that.

200k buy order at 36p placed and filled almost straight away.

Great volume again

[mingle3] 22/4/2010 09:15

Im in here. Got tipped off this morning by a very good source.

[watchout2] 22/4/2010 08:27

Well early days if you notice the AT trades are at the top end of the
spread hence sell orders, thats suggest they have a buyer Jab.

Why let somebody sell at 36.5p if they dont have a buyer for it, are we
aware of these people giving free money, have you ever seen a mm offer
free money ? :-))

[jab118] 22/4/2010 08:22

Can't make my mind up which way it's going today, market is looking for one way bets, so could be up, watchout ! watchout.;-)

[watchout2] 21/4/2010 19:48

One step at a time Jab.

When i saw 46-37p and a Rns flag i thought we were going to hit it today,
really thought the price was saying the rns was bid talks :-))

No reason why the price cant add another 3-5p tomorrow but in the short term
and by that the next 2 months i think there will be a bit of disposal news
so if you can afford to hold then i think they will make another 30-50%.

Still expect a volatile day tomorrow.

Dyor.

[jab118] 21/4/2010 19:31

strong hold for me, is that still 50p target then watch, or are you setting a higher target now ?

[watchout2] 21/4/2010 18:57

But remember it's a company valued at 126 mil.

Worth reading the recent interims again.

Nebt debt was 116 million

Net cash inflows from operations were GBP17.0 million

Profits before tax and the Non cash impairment charge of GBP42.9 million
was 16 million...(remember that's just 6 months profits)

So the recovery potential is there, a few decent disposals to get the debt
right back down and leave a business still making a lot of profits and
generating a lot of cash.

Strong hold for me.

[love it] 21/4/2010 18:43

"Nick Spolier at Altium Securities said the three businesses could be worth in the region of 20 million to 30 million pounds ($31-$46 million) and the bulk would likely come from the sale of the telecoms business."



Safe to say we shall be in auction for a while in the am.


Yummy

[qipincha] 21/4/2010 17:02

watchout,
from the chart, it looks like the RNS made the share price higher at 15:59
(maybe I am wrong as I cann't see L2)

[nilip] 21/4/2010 16:58

watchout,

I suspect the announcement would have been a regulatory requirement ?

Whether they released the RNS late today or tomorrow morning - matters not.

Though personally I'd have preferred it tomorrow morning as many will have missed it today released.

[qipincha] 21/4/2010 16:57

it's not easy to get rid of a loss making business. They might need to reconstruct gas division before sell it to avoid a fire sale. so selling non-core profitable business is a good alternative to cut down their debt level.

[nilip] 21/4/2010 16:39

News was out v. late for the mkt to react and for it to disperse ...

Pleased to see things are moving fast to resolve matters ... Appointment of Hawkpoint was only recently announced and already we now have this announcement today also.

Company clearly being proactive and taking action to sort it's books out pdq - excellent stuff imho.