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Slowly moving up again that’s the best way to go
No mad rise and then drop
14 weeks may be long enough to get back to 150 mark and will that drop
Us in a dividend payout I think this is worth a hold
Summary
India has become the latest country to order a total lockdown
The Olympics, due to begin in July, are moved to next year
514 more people die in Spain, the worst day yet
The UK is adapting to new, stricter measures announced by PM Boris Johnson
Donald Trump insists the US will "soon be open for business", despite more states shutting down
Confirmed cases approach 400,000, deaths near 17,000, more than 100,000 recoveries
I am delighted with the rise, of course I am. And I hope it continues. But it alone doesn’t prove your point :
The shares, many shares, were oversold and if you look at heat maps for any of the indices you will see a sea of blue. Part (but not all) of the rise is general market sentiment. The agreement confirms the survivability of SPI for some tile to come (we can debate how long, but it is covering previously trodden ground). That too was going to contribute further to the SP rise.
But to put today’s rise into context, we are still a long way short of 130-ish of a few weeks ago and so it is partial recovery of recent losses, not real gains in the commonly understood sense of the word.
To repeat, I am delighted and hope it continues, but two days trading does not prove my thoughts are without foundation.
LetsTry,
Well there doesnt seem to be too much concern with the NHS agreement so far, given the strengthening of the SP yesterday and today ....
Spire Healthcare Group currently has an average rating of “Hold” and a consensus price target of GBX 130.44 ($1.72).
Spire Healthcare Group (LON:SPI) Earns Outperform Rating from Royal Bank of Canada
Posted by Mini Blandt on Mar 24th, 2020
Spire Healthcare Group logoSpire Healthcare Group (LON:SPI)‘s stock had its “outperform” rating reiterated by equities research analysts at Royal Bank of Canada in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.
Thanks Volcano - valuable contributions as always.
Infected Brits to take part in European mega-trial of four hopeful coronavirus therapies including anti-malaria drugs, HIV medication and experimental Ebola tablets
Trial, called Discovery, includes 3,200 patients in hospital suffering from virus
Will test malaria drug chloroquine, Ebola medication remdesivir and HIV tablets
There are currently no approved treatments or preventive vaccines for COVID-19
Global infections now soared past 300,000, with Europe becoming epicentre
Coronavirus symptoms: what are they and should you see a doctor?
By CONNOR BOYD HEALTH REPORTER FOR MAILONLINE
PUBLISHED: 15:40, 23 March 2020 | UPDATED: 19:42, 23 March 2020
Spire Healthcare Group PLC
SPI
72.70 GBX
+6.15 (9.24%)
Average volume 2.56m
Shares outstanding 401.08m
Free float 275.88m
P/E (TTM) 37.73
Market cap 266.92m GBP
EPS (TTM) 0.0176 GBP
Hi Pokerchips, Forgive me - my postings were sent purely as personal comments and reflections, and to test my thinking. It was never my intention to change the minds of others. We must all do what we think appropriate. But for the record I too will be holding, albeit for longer than I thought when I bought in.
Trials begin on British coronavirus vaccine with humans and animals undergoing testing at Government's secret science base Porton Down
Trials for a British vaccine against the coronavirus to start at Porton Down base
Scientists will test the Oxford drug on animals next week, then humans in April
Experts have cautioned that a Covid-19 vaccine is not imminent
The drug is one of multiple proto-vaccines in development worldwide
Coronavirus symptoms: what are they and should you see a doctor?
By JACK WRIGHT FOR MAILONLINE
PUBLISHED: 08:36, 21 March 2020 | UPDATED: 12:43, 21 March 2020
LetsTry,
With respect, I am not going to review what may or may not happen in 14 weeks or more....I have made my decision for now and will stick and wait.....I suggest you make a decision too....sell or hold ... your move
I wish you luck.....
Hi Volcano - that is very welcome indeed, and if successful it will improve the prospects for a full recovery of all those admitted.
However, while it will not change the number of cases.
British scientists are developing a prototype ventilator made from off-the-shelf parts that can be quickly assembled in small labs or workshops amid the coronavirus shortage
The design is being developed by a team from Oxford and King's College London
Its reliability will need to be proven before it can go into mass production
However, the team predict that full-scale manufacture may begin in 2–3 months
100not out - read the modelling and listen to the epidemiologists. It is not really a matter of debate. There will be cases until a vaccine is available and that is 12 months or more away.
I invite you to answer the question I posed Pokerchips.
I have already agreed it's oversold and the longer term prospects good.....
The modelling suggests we will still have cases in 12 months or more; albeit and hopefully at a more modest level.
Government has already said it may alternate between strict and weaker controls, and where possible I am sure that they will try to relax them as much as possible subject to keeping them below treatment capacity. That is the very essence of their strategy - to spread a big narrow peak out over time so that the number of people infected may be higher but at no time does it exceed ability to treat current cases.
It is entirely possible that the nation will see recovery but SPI will be held back from being part of it because the termination clause empowers only one side to break the agreement.
Lets Try - If we still have C19 patients in any great quantities in 12 months time we are all buggered... I have been a holder here for some time and I continue to add. If you think SPI are in for a torrid time wouldn't it be prudent just to sell and invest in something else instead because that's what I do if I don't have much faith in a company going forward. The question is who will be helping the NHS with the backlog of procedures. SPI, unfortunate for some will be quite busy... At least the market seem to think so today.
If there is a lockdown and yet, after 14 months, we are still getting new patients , then the likely meaning of that is that the virus has mutated and has become more aggessive, and even more difficult to bring under control.
At that point I doubt I will care too much about what patients Spire receive or dont receive, to be honest....my thoughts will be on far more important issues
I may well be helping pull potatoes, or helping delivery food or whatever I might be called on to do
sorry, and to complete the previous post with an obvious statement..... in the case of the second option the private hospitals do not, it seems, have the ability to terminate or otherwise opt out of the C-19 agreement and so they are in until the bitter end.
We are in a deep hole. No doubt about that.
Let me ask you a question. Imagine you are a senior NHS manger 12 months from now and C-19 patients are still arriving at in need of treatment, which seems very likely. What would you do?
Here, very simplistically are the options :
- Admit them to NHS facilities and in so doing reduce capacity of the NHS to treat other patients, many of whom may have serious conditions. You could move those other patients out to the private sector, but that would not be under the current cost-only C-19 agreement or
- move all C-19 patients automatically into the private hospitals to the limit of capacity there, where they are treated at cost, and use the capacity in the NHS to do other things.
If the second, which I think is the rational choice, then the private hospitals will be absorbing c-19 patients to saturation long after the numbers nationally have started to fall. Only when the number of C-19 patients is less than the number of private hospital beds will the number of C-19 patients in private hospitals begin to fall.
Sorry, Spire
If they need 35 hospitals for 14 months then the world is going to be in a pretty deep hole , and the profit or loss of Shire is likely to be the least of our problems ....IMO
Pokerchips :
Compassion and making a profit are not mutually exclusive. I am sorry if my ability to compartmentalise causes you offence.
Why am I concerned 14 weeks could drift into 14 months. Perhaps read my previous posts and the agreement......
LetsTry,
I bought into this last week having read of the NHS interest, believing that any company that now gets offered some business is WAY BETTER than most, who are struggling to bring in revenue, at all.
This is the new , now, ..and ..something to get used to and accept.
" My worry is that 14 weeks drifts into 14 months. We will make money on this, I have no doubt. but it looks further off than I could possibly have imagined."
Why would you even begin to think of some notion of 14 months, just yet ???
..The only thing to do right now is think about people who need help and treatment....and look at things in a months time
Forget about "making money" .....treating people and getting the virus under control is all that matters right now.....because...everything else will follow on, as a result, all in good time....