image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

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

October 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.

  • Epic Code:
  • NMC
  • Price:
  • 760p
At The Momentum Investor one of the key signs we look for in a share is the propensity for upward revisions to earnings forecasts. The subject of this month’s write up, NMC Health, which owns and operates eight private hospitals across the United Arab Emirates, has seen no fewer than three such upgrades this year. 12 months ago Numis had been expecting eps of US39.2 cents for this year and 52.2 cents next but following some hefty revisions it now forecasts 61 cents and 77 cents respectively, with a new estimate of 95 cents for 2017!Supporting the rapid rise in eps is that NMC is increasing its bed capacity at a rapid rate. Three new hospitals have opened this year in order to exploit rising demand, which has been driven by&nb ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X