Updates

NMC - Another acquisition triggers hefty eps upgrade

August 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Having made three acquisitions in as many months you’d think management would have their hands full but not a bit of it with the latest deal being the purchase of Provita, a provider of long-term medical care in the UAE for US$160.6m cash. Provita operates 90 long-term care beds in Abu Dhabi and Al Ain, with a further 30 expected to become operational in Abu Dhabi by Q3 ’15. This will take NMC’s bed capacity from 720 to 840 beds.As well as giving NMC another important string to its bow the deal is immediately eps enhancing; Provita generated adjusted net profit of US$9.1m in the year ended December ’14, while unaudited accounts suggest net profit was US$10.7m in the 12 months ended 31 March ’15.B ...

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Elementis

NMC Health - Positive guidance for 2020 (December 2019)

NMC Health - Shares bounce sharply (October 2019)

NMC Health - Superb 28% growth in eps (May 2019)

NMC Health - Raises EBITDA guidance for FY'18 (December 2018)

NMC Health - Shares hit intra-day high of £43 (October 2018)

NMC Health - Gain to date: 858% (August 2018)

NMC Health - Berenberg has £40 price target (May 2018)

NMC (February 2018)

NMC - Closing in on £30 landmark (December 2017)

NMC Health - UAE hospitals group to increase eps 126% in three years (September 2017)

NMC Health - Shares soar above £20 for first time (June 2017)

NMCâ€ˆHealth - Gain to date a staggering 390% (May 2017)

NMC Health - Another eps enhancing acquisition (March 2017)

NMC Health - Acquires Saudi Arabian long-term care operator (October 2016)

NMC Health - Eps rise 23% to 50.6 cents (May 2016)

NMC - Another acquisition triggers 10% eps upgrade (January 2016)

NMC Health - Private hospitals operator forecast to increase eps by 131% over 3 years (October 2015)

NMC Health - Eps upgraded 11% after two more acquisitions (June 2015)

NMC Health - Shares closing in on Â£7 following large acquisition (May 2015)

NMC Health - Rising occupancy drives sales growth (December 2014)

NMC Health - Khalifa City hospital on track to open in H1 â€˜15 (October 2014)

NMC Health (August 2014)

NMC Health - UAE hospital group to double bed capacity by 2016 (February 2014)

NMC Health - Middle Eastern private hospitals operator in major expansion push (December 2013)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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