Spire Healthcare Share Discussion Threads

[bucko1066] 22/2/2017 11:56

Why the rise cant find any news as of yet

[scapital] 07/2/2017 15:55

Good volume today

[richtea1701] 06/2/2017 11:44

Good work Mastey

[mastey] 05/2/2017 20:58

Sorry Orishas , should read Ok- ish

[mastey] 05/2/2017 20:56

Make a few quid on these last year when the bid speculation pumped up the share price. With regret I have to visit St Anthony's on a regular basis. It was clear when there in November it was all up in the air. That said it has some of the top London surgeons with very regular private clinics there. It also has appeal for international patients needing specialized practitioners. Once the issues are sorted at St Anthony's the op. waiting list and also the government starting to think about the election and health always being an issue , I can see an up tick starting to brew. I was holding out to get back in at circ 307 but now think 315-20 is an Orishas level . Expect a bounce tomorrow morning .

[dibbs] 13/1/2017 00:11

I held a few of these and got out first thing. Not prepared to hold for a takeover that may or may not come. Without a takeover I can only see a uphill struggle with NHS tariffs under pressure. Not looking much like a growth stock to me.

Good luck to those who remain.

Dibbs

[richtea1701] 12/1/2017 20:11

Bought some today :)

[watsonnimrod] 12/1/2017 19:39

Surely well into the realms of takeover territory now?

[eaaxs06] 12/1/2017 15:29

Well, the market didn't like that news.

Next stop, 280p

[gswredland] 15/12/2016 18:10

Chart looks awful

[par555] 15/12/2016 16:33

Is there a bid or just suggestions there may be a bid ?

[bucko1066] 15/12/2016 10:56

Is this being dragged lower on no news to suit mediclinics bid ?

[gswredland] 01/12/2016 19:54

Strange eh? Is it heading back to 320?

[bucko1066] 01/12/2016 13:37

Why such a sharp drop of late

[tcarter66208] 10/11/2016 08:59

What are we predicting?, Return towards £4.. possibly more if new hospitals are successful

[tonysss13] 16/9/2016 14:07

Mediclinic said to weigh £1.8 billion plus takeover bid for Spire Healthcare

Friday, 16 September 2016, 11:03 am
Mediclinic is preparing to bid for Spire Healthcare, the FTSE 250 company that was formed from the sale of BUPA hospitals.

According to excellent sources, Mediclinic is working with bankers from Morgan Stanley on the potential purchase of the remainder of Spire Healthcare that it doesn't own (remember last year Mediclinic bought 29.9pc of Spire Healthcare for 360p a share).

Now, to be clear I'm not the first financial journalist to raise the prospect of a Mediclinic bid for Spire Healthcare. In late August, several British stock market reporters picked up on a note from JP Morgan, which theorised that now might be the right time for FTSE 100-listed Mediclinic to buy the remainder of Spire given the currency fluctuations post the Brexit referendum. I have pasted the relevant paragraphs from the JP Morgan note below:

"In our view, the weakness in the GBP and strength of MDC’s share price vs Spire’s is an opportunity for MDC to consolidate its ownership of Spire (currently 29.9%). We estimate it could pay a 35% premium for Spire and see year one EPS increase by 3-4%, rising to 10% in year three assuming a debt-based deal. Alternatively, if MDC chose to raise equity ~£300m-500m (4-7%) in order to leave less gearing and also fund Spire’s London hospital expansion, year one accretion would drop to 2-1%. We note the authority to raise equity afforded Remgro, MDC’s largest shareholder (~44.6%), at its Aug-16th AGM."

But from what I understand from excellent sources is bankers from Morgan Stanley, Mediclinic's financial advisers, are actually working on the deal suggested by the JP Morgan analyst. One source reckons Mediclinic is just a few weeks away from submitting a formal approach for Spire. I don't have much more information than that but I have been told any offer is likely to be at about a 30pc premium to the current share price.

Mediclinic declined to comment. However, people familiar with the company tried to play down the tale, unsurprisingly.

- See more at: hxxp://www.betaville.co.uk/news/mediclinic-said-to-be-preparing-1.5-billion-plus-bid-for-spire-healthcare/#sthash.7inBYdLQ.dpuf

[bolador] 16/9/2016 14:05

Mediclinic have come down from near 1100 to 927 recently and they hold 29.9% of Spire so it looks as if the market has really caught more than a sniff of a bid here.
Say thirty per cent premium on 360p as recently priced equals 468p (?).

[bucko1066] 05/9/2016 17:25

Hopefully thats the case can only see the strikes being a good thing for spire in my view.

[bolador] 05/9/2016 11:38

Do you think that the junior doctors strikes will result in considerable business for Spire's hospitals via self pay and NHS transfers ?

[bolador] 09/8/2016 08:36

Mediclinic has 29.9% of Spire. Will they be tempted to bid for the balance after the fall in sterling ? What do the takeover rules say about how soon they can bid after buying the 29.9 % stake ?

[its the oxman] 23/3/2016 18:28

Can't keep a quality stock down, looks poised for further gains after recent results.