REMINDER: Our user survey closes on Friday, please submit your responses 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.
Agreed. Seven years studying and superbly qualified professionals charging £200 for an initial consultation isn’t anywhere near price “gouging” however our civil servants need to find cash from somewhere.
Another fine for Spire, not as large as previously. This time for allowing eye surgeons to “price fix initial consultations”. Seems a little unfair that the surgeons receive token fines for this and Spire is hit with over £1million in fines. Not sure if this is a case of robbing people blind or robbing blind people!
Seems to me that there is a culture problem in this organisation. Lots of public utterances on improvements and great standards etc but at the cola face many questions still unanswered imo.
This was on 01/04/2020
Further, the Spire Healthcare Board has decided that, due to the current COVID-19 uncertainties, and in view of its new relationship with the NHS, it would be prudent and in the long term interest of shareholders and stakeholders to suspend dividend payments until the current crisis is over. Accordingly, the Company will not be putting forward for approval to shareholders at its forthcoming AGM the previously announced 2019 final dividend payment of 2.5p per share.
They have had all their bank covenants waived for six months so I’m having a wild guess that their banks won’t allow them to pay a cash dividend during this period :)) I know banks are stupid but they ain’t that stupid.
Think they cancelled the divi that was due soon
Find ex divi day
Looked everywhere inc the spire site no joy
Can anyone help please
There we go 100. Plenty of buys so far today maybe update coming soon
This is still going well , but just wont stop above that £1 mark but nice to be in and hold for the future
Once this crisis comes to an end which is hopefully soon there will be a huge backlog of cancelled ops that will need catching up
Those who cannot wait and can afford it will be driven to private health care which is an opportunity for SPI
My view is that revenues will rise
recovered yesterdays loss
Spire Healthcare Group PLC
SPI
99.90 GBX
+7.80 (8.47%)
Still doing well here, could do with update news on Tuesday
Another continuous rise today !! For now anyway hopefully keep this going nice and steady
Director deal is in ,ok average 77p can only bring confidence here , I just hope we don’t drop to that today
No reason why we should but the market does act strange quite a lot . Thanks for your comments letstry
Hi cipro, possible but in my opinion too early to say anything in regards to an agreement that has only just started. I would, however, expect them to advise all shareholders via a RNS as and when first discussion on closure/extension of it occurs. Possibly around the 8 to 10 month mark, although what has been put into the public domain is conspicuously thin on when this should occur.
can't comment on the impact of nightingale units. clearly at some point there will be a reducing in the requirement for dedicated beds. Which agreements they will terminate first is beyond me. It will be some combination of relative bed cost and desire to make a public statement that the crisis is nearing an end. The latter would likely favour closure of the nightingale units ahead of releasing SPI, but frankly its's pointless me speculating.
Nice late buy 90k all in all good week
We have now made our hospitals available from the 30 March probably to early for an update on how this is going
But I would of thought they would release a rns to say we have commenced. Will the new nightingale pop up units affect
What we have offered.
loss of the dividend is not unexpected. It's paid from profits and they are going to be hollowed out for reasons discussed here previously. Since SP reflects future earnings it was also obviously going to be adversely affected
Suspension of dividends will, I think, be quite widespread. At least SPI will be around to generate return in the future, and it can probably avoid any capital raising exercise. More, I fear, than can be said for many others businesses.
" Spire Healthcare Board has decided that, due to the current COVID-19 uncertainties, and in view of its new relationship with the NHS, it would be prudent and in the long term interest of shareholders and stakeholders to suspend dividend payments until the current crisis is over.
Accordingly, the Company will not be putting forward for approval to shareholders at its forthcoming AGM the previously announced 2019 final dividend payment of 2.5p per share."
Have reduced their short position to 0.59% from 0.69%. They will probably take advantage of the recent fall and buy back the rest of their position. They still have a few million shares to buy back.
Well with over 600 trades today there is plenty of interest and hope, hope and please do well for us
I still think this is a good hold and maybe we won’t get 150 in 14 weeks but I would expect well over the £1 mark
Because or the NHS Deal time will tell ..... ATB
I agree it's going up, all I'm doubting is that it will achieve 150 in such a short time frame. I don't see that the landscape in the short term is better than that over the last year before the current crisis started. And during that year it peaked at 145.
To repeat, I really and truly hope I'm wrong. But realistically I think our rewards will come in time rather than soon.
Like most stocks the price dropped because of covid19 since then we have nhs deal to help release bed pressure shortage
That can only be a good thing just what I think tbh
Cipro - setting aside the possibility of a statement on a takeover, the chances of 150 in the short to medium term must be vanishingly small. Why would the SP exceed the 52 week high of 145 recorded as on this site in anything like the next 14 weeks?