Spire Healthcare Share Discussion Threads

[gucci] 18/12/2015 12:49

Doesn't see like it

[meena9] 09/12/2015 17:33

Is someone building up a stake in Spire??

[gucci] 03/12/2015 21:45

Glad I got out first thing today

[gswredland] 03/12/2015 19:40

Thanks JAke

[jakedog2] 03/12/2015 14:22

bucko,
Investec downgrades to a sell

[bucko1066] 03/12/2015 11:01

Near 7 percent drop on no news ???

[tu00] 20/11/2015 13:16

Any Chartists opinion on these would be great!

[gucci] 19/11/2015 12:38

decent director buy at 306p and mediclinic involvement looks interesting

[gucci] 19/11/2015 12:36

dipped my toe

[igoe104] 12/11/2015 09:12

It seems someone has been leaking news, that's why the share price starting dipping late last week.

Long-term these look a strong investment

[igoe104] 23/10/2015 12:15

Spire is one of the main tips in this weeks IC.

[anley2] 29/9/2015 10:23

Interesting but who would run a big group of hospitals>>>;>>>>>;>>>DOCTORS?????

That is the big block to these deals and that is why SPI is run not by doctors but professional managers of businesses.

Nevertheless the UK needs to support the NHS and private hospital groups especially as we all get older and its this segment who now has the disposal income to keep fit and well.........just go down to the Spire in Cambridge and see what I see most days and also look at where some of the patients come from.....Addenbrookes.

[igoe104] 29/9/2015 09:44

CapVest to sell stake in Mater



Investment firm CapVest is looking to exit its majority investment in Mater Private Healthcare early next year.

The Sunday Times has reported that CapVest is in the process of selecting a firm to run the sale process with Investec and Rothschild believed to be in the frame.

The move follows the collapse of a potential sale of Mater to South African hospital operator Netcare. It was reported that Netcare’s unsolicited offer valued Mater at €500 million (£367.8 million).

Furthermore, last year Capvest proposed a merger between Mater and Hermitage, another Irish private hospital but the talks fell through, as well.

There has been speculation that Netcare, Spire Healthcare and Mater’s management team will be potential bidders for the Irish hospital group.

CapVest acquired a 51% stake in the Mater Private Hospital Dublin in 2007, a deal which valued the hospital at €350 million.

The private hospital group then bought Cork Medical Centre for €90 million in 2011. In addition to the two hospitals, Mater now also operates two cancer centres in Limerick and Liverpool (as part of a joint venture with Clatterbridge Cancer Centre NHS Trust) and outpatient clinics in Drogheda, Navan and Sligo. The company provides healthcare for members of the Dubai Police Force and their families too.

Mater has annual revenues of €200 million

[anley2] 14/9/2015 10:30

Woodford and his gang have topped up to with the new SA shareholder they control over 40% of the business and are in there long term.

[igoe104] 25/8/2015 07:53

Where Next For Spire Healthcare Group PLC After Today’s Results?




By Motley Fool | Fri, 21st August 2015 - 11:23

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Hospital group Spire Healthcare Group (LSE:SPI) has led the FTSE laggards in end-of-week business and was last dealing 12.9% lower from Thursday's close. Today's weakness puts to an end the recent bull run that has seen the stock advance almost a quarter since the end of June, an advance that saw the firm print record peaks of 401.6p per share just yesterday.

So what's going on?

Spire's insipid performance today has been prompted by half-year results that missed forecasts. The health specialists saw underlying revenues advance 5% during January-June, to £449.8m, a result that helped Spire swing to a pre-tax profit of £39.4m from a loss of £1.7m a year earlier.

Added to this, Spire spooked investors by announcing that "because of recent actions taken in response to the NHS Trusts' estimate of aggregate deficits for 2015/16, we recognise that there may be some near-term weakness in NHS demand over the remainder of this financial year."

And these problems have already begun to seep into activity at Spire by the looks of things. Total NHS sales advanced 14.1% during the first half, a performance that Investec describes as disappointing -- the broker noted that "we expected strong volumes as waiting lists were cleared ahead of the election, but these do not appear to have materialised."

Spire now expects demand from NHS customers to flatline in the second half of the year, forcing the business to downgrade its full-year revenues and earnings growth forecasts to between 4% and 6%. Previously Spire said that it expected to enjoy "mid to single digit" expansion in 2015.

So what next?

Still, Spire remains bullish over the potential of its its NHS division and commented that "the medium-to-long term trends in this business remain very positive," adding that demand from PMI and self-pay customers continues to surge higher.

Indeed, the result of financial constraints on NHS waiting lists at present time could push the number of private patients coming through Spire's doors, the company noted.

Naturally today's announcement is likely to lead to hefty earnings downgrades across the City. But for many today's hefty fall could represent a fresh buying opportunity -- the company's expansion scheme remains on track and new hospitals in Manchester and Nottingham are due to open during the first quarter of 2017.

On top of this, Medicare's purchase of a 29.9% stake back in June should boost its potential in overseas markets, not to mention turbocharge cost reduction across the business. In my opinion Spire's long-term growth case remains a compelling one.

[igoe104] 25/8/2015 07:51

After the big fall, and looking closely at the current situation, I decided to get back in yesterday at just over £2.22.

if Medicare's are happy to pay £3.60 there had to be value at these levels.

[igoe104] 21/8/2015 17:12

NHS budget cuts hit private medical provider Spire Healthcare

Shares in the independent hospitals group plummet as cost-cutting in the NHS weighs on second-half performance.

[its the oxman] 21/8/2015 15:08

Bad day for a few words of caution and looks very overdone.

[gswredland] 21/8/2015 08:43

Abcd....yes interesting about Berenberg!
Sticking with it long term. Apart from the Nhs announcement appears fine to me. Could drift of course especially with current market uncertainties.

[trader2] 21/8/2015 08:39

Profit warning - but for the NHS business which is 29% of the total. Remainder reads positive to me.

[abcd1234] 21/8/2015 08:36

~~~~~~~~~~~~~~~~~~~~
17/8/15

IN THE KNOW: Berenberg Expects "Reassuring" Interim Results From Spire
~~~~~~~~~~~~~~~~~~~~


.... a lesson for p.i.'s there, re analysts etc

[igoe104] 21/8/2015 08:28

Profit warning, didn`t see this coming, sold out for a 2k profit.

I can only see this drifting back down to £3 over the next month, very disappointing.

Because of recent actions taken in response to the NHS Trusts' estimate of aggregate deficits for 2015/16, we recognise that there may be some near-term weakness in NHS demand over the remainder of this financial year

[igoe104] 20/8/2015 13:14

Cinven have sold up, whats the worry.

£4 BROKEN now, this should be a good solid/ safe investment over the coming years.

Glad I got back in a £3.24

[c4rver] 13/8/2015 18:08

The more I look at this chart the more 'curious' I find the accelerated share value just before each Cinven sale....am I the only one?

[gswredland] 13/8/2015 17:25

Yep keeps trying!