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come on down you come loads of debt lol
TL I agree but nothing will come untill after the brexit is sorted out. so i will just pick it up again and wait for more profit :-)
Unless a takeover bid materialises in which case the share price could well rise to a range in excess of 200p. This probably won’t happen until the current Brexit issues are resolved.
SPI time to sell last remaing shares more profit as cant see this making any more head room
If they can do with out short selling in germany , why should we put up with it here.
denby69.
I used to believe that short-term selling was a scourge on the financial markets, but recently I am viewing the situation differently. Short-term sellers take down the share price of a company to levels below what might be expected - when the company experiences difficulties.Three recent examples were seen with Fresnillo, Indivior, and Superdry. Any investor who had the courage to buy at these low levels could well have realised a good profit when the share price recovered to a more reasonable level.
The skill needed is to be able to establish when the lowest point (or floor) is more or less reached. This was my mistake with SPI in that I bought too many shares too soon so that I am effectively trapped with my SPI share holding until the share price recovers. Had I been less greedy, I could have sold at a 7% loss when the share price was 131p just over a month ago, with several opportunities to buy in at lows to recover that 7% subsequently. Investing is not easy nowadays due to the unpredictability of markets, and due to the fact that hedge funds and similar organisations have the capital to seriously affect the MCap and share price of companies. It is more about having the courage to speculate and take risks nowadays. If the right choices are taken, there are considerable gains to be made.
Back to SPI, my best chance of a profit in the mid-term is a takeover of the company. This is looking unlikely at present due to the various extraneous factors that are having a severe effect on stock markets. I choose to sit back and wait to see what happens. It would not be sensible to do otherwise at present, but if and when I recover all my investment, I will consider other options.
Good luck with your investing and day-trading. I was fortunate to make a good return on BT.A recently, buying on the ex-div date, ans selling the next day for a profit in excess of the dividend.
TL Williams.
You talk about investing. If the government were to stop short selling DONT u think that companies would be in better shape (Mind you our politions are very close to hedge funds and trading platforms .
Happy New Year to you.
Our Board had their opportunity to sell the company but for whatever their reasons, they didn't!
It's hard to see a sustained sp recovery in the short-term as their results are trending in the wrong direction and the market place they operate in is difficult. Plus their hospitals require massive capex and they have way too many beds for modern outpatient surgery requirements.
Personally I'd be happy if they stabilised trading and agreed a new bank deal in 2019. That would at least mark the start of the long march back to credibility that was tossed away by the top team late last year.
Mediclinic may possibly return for a second bite but I'd be surprised if they did until UK the private hospital market perks up a bit.
Until then it's probably a day traders stock sadly.
Not so long ago, this bulletin board attracted quite a bit of comment, discussion and analysis from shareholders. Since its fall from grace to around a third of its share price just over a year ago, and out of the FTSE-250, it now attracts comments from day traders concerning their entry points and profits. I have nothing but respect for anyone who is able to generate gains in today’s volatile casinoesque markets; however it goes to show how little interest this company currently holds for mid- to long-term investors. I feel like an endangered species on this board, but intend to hold until there is a considerable turnaround in this company’s fortunes, or better still a takeover.
Good luck to all investors here (including day traders), and a prosperous New Year.
Filled my boots over the last 8 days and a little this morning @ 99 and then this afternoon I have sold 2/3 of my holding for a NICE FAT profit.
And to-morrow is another day good game this. :-)
SOME one has all ready dug a hole, I DONT Use a shovel . and it is a pity that some pepole dont read post :-)
maybe we have seen the bottom today, very nice bounce.
If you leave a shovel out, someone will inevitably dig themselves a hole at some point. GLA
Told you a few days ago to fill your boots :-)
If you're referring to my comments, what makes you think I have a short position? What purpose would it serve for me to post what I did while being secretly short?
Anyway, glad to see we've regained £1.
How many posters on here pretend to be long when they are short...
Long time holder here and a long time lurker on these boards. Finally felt compelled to sign up and post if only for some moral support. For full disclosure, I'm currently holding at an average of 154p. I had been taking heart over the last few days from the support we'd been getting at £1, but if we get a concerted break of that level I'm concerned about where the stopping point will be.
At 99p and based on the average EPS forecasts for FY18, we're sitting at a P/E of 14.54, which is not particularly cheap considering the all the uncertainly regarding outlook and trading conditions. Added to that, many people - including me - will be concerned that the Net Debt/EBITA ratio is creeping up towards 4 (based on the guidance for FY18 we received in September).
On the other hand, a number of people here have mentioned the inherent value of the assets. A crude calculation of PPE minus total liabilities gives us a figure of £324.2M, so we're trading on about a 20% premium to that, which seems cheap to me.
As for a takeover, if anyone has a mind to do this, I can't see that coming until everyone has more info on what is happening with the exit from the EU.
Ultimately, when I ask myself whether I would be buying at this price, the answer is undoubtedly yes as I firmly believe the private healthcare sector will see increasing demand over the next decade. With a divi yeild of nearly 4% now I'd be perfectly happy to sit on these for a while. The only problem for me, of course, is the fact I'm not getting in at 99p/£1 but sitting on an average price way above that. Still a hold for me though - GL to all.
If they are in takeover discussions they will not be able to buy shares...
The Board of Spire rejected a cash & shares bid of £1.2billion last year from Mediclinic. Why are the Board (same as rejected the Mediclinic offer) not filling their boots with shares as the comparable value of the company today is sub £400million?????? Crazy.
But only on a dodgy UT.
See how it behaves tomorrow.
read the post i said loads of res at 101 !!!!!!!!downbutnotout
wrong denby69. i bought those i sold this morning back at 3:40pm and paid 101p. SP closed 103.40p :)
dont think so who want to hold it over the week end next week me thinks this is a buying opportunity though it might have gone to 99 ish but loads of resistance @ £1.01