Updates

NMC Health - Shares bounce sharply

October 2019

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.

The shares bounced sharply following the release of interim results, as 1) they were reassuringly in-line; 2) earlier fears over cash collection were put to bed as receivables days reduced from 107 in H1 ’18 to 89 days; 3) NMC announced a US$200m share buy-back (although no one took it up at the £19 nadir) and 4) Reuters said two groups, including one backed by China’s Fosun, had made competing offers to buy a 40% stake in NMC from Bin Butti (long-term shareholder). They didn’t bite.Results themselves showed sales up 33% to US$1.24bn while EBITDA grew 22% to US$323m. Eps rose 29% to 66 cents. Net debt / EBITDA was 3.4x.Healthcare grew 36% to US$958m for EBITDA of US$313m, up 15%. Within that, its multi ...

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Dunelm

Cairn Energy

NMC Health - Positive guidance for 2020 (December 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 - 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)

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