Primary Recommendation

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.

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 ...

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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 - Another acquisition triggers hefty eps upgrade (August 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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