The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Alwayswrong
Let's wait and see, not enough info re nature and level of materiality to draw any meaningful conclusions. CFO's sudden sickness is suspicious, the Treasury guy was probably told what to do. Uncertainty in the coming period may be more damaging than the report itself.
KOH
I agree with you, re the efficient running of the hospitals and the good they do with regard to the hope they bring to families with their fertility activities , so I think the company still has a long term future ahead of it....on the other hand , financially this will be perceived as another piece of news which will only add to the breakdown in trust and a further lack of confidence in the company's governance and reporting procedures....indeed on that score it must be edging towards a vote of no confidence.
I did say , that I thought that a management clearout would take place and a new dawn appear. The first part of that just seems to have happened sooner than I had anticipated.
Regarding how the market will react tomorrow.. I have learned not to guess, because whenever I do , it reacts in the opposite way. I suspect it will fall sharply at the beginning, and then recover later on in the day ...which is my gut reaction...but let's wait and see...
In every scenario in this company so far, before the release of bad news we saw the fall in the SP and that’s because the market finds out before PI’s do. Although this may take a small hit tomorrow I don’t see a massive fall in SP as worse case scenario to some extent had been factored in.
On another angle.....anyone who has been UAE and visited an NMC hospital will tell you it’s a normal functioning hospital with good services. UAE is one of the richest places in the world and some NMC hospitals specialise in things such as fertility issues in a country where having children is a really important thing.
Just my opinion....don’t bite my head off if you don’t agree.