You're welcome Champer88, looking fwd to the results on the 22nd (only 38.5 trading hours left tick tock).
Like the big buy from the boss just before the closed period leading up to results. Be interesting to see whether other Director buys follow post results once the shackles are off.
The most reliable early guide is substantial buying by the directors. They are not able to buy or sell shares in their company during “closed periods” – the two months before the announcement of the half-year and full-year results. They are also prohibited from buying or selling shares if they possess any undisclosed inside information such as news of a possible takeover, a significant share issue or the win or loss of a particularly large contract. In the months surrounding the results, the directors’ dealings that are usually the most meaningful are those that are just before the start of the closed period or just after it has finished.
If the directors are buying before the results the company is likely to exceed expectations and if they are selling it is likely that the results will disappoint.
Courtesy of Alexka1 on ADVFN
https://twitter.com/EStockpicking/status/1161362573935222784 check out this tweet and attachment, great views and opinion on NMC stock. I agree 100% with the huge short squeeze theory. Ratios are screaming out. I did some research and the ratios are tremendously high for a large cap (days to cover ratios and short interest ratios versus volumes that trades). To quote: '' Why I believe it will strongly rally - expect a ?MASSIVE SHORT SQUEEZE - NMC? Short interest is 23%? of the free float. Freefloat is 85.6mio shares, so that is 19.699mio shares that are sold short. With a volume of less than 1mio shares per day this is a ?day-to-cover ratio of >19 days.? This is without accounting for the buy-and-hold investors, that won’t sell. This is ?HUGE? by any standards and the biggest indicator of the massive short squeeze to come. Please do some research on these key ratios and examples of previous cases and you will understand why I mean. Coupled with this, insiders have been buying (CEO - He is an employee - bought over £1.8mio at 24.95 in end of May). Don't we assume that insiders know better than any outsiders or any HF based in the US of what’s going on with the company? Chairman, also an insider, just repaid over £130mio GBP of loans, and released part of his NMC pledge. Don't we assume he is comfortable with NMC and its prospects and that he has more knowledge than any outsider hedge fund? So you have a company with strong fundamentals, backed by analysts from the top banks globally, backed by its insiders (CEO, Chairman), with positive results expected and a bright outlook, that has its short interest over 23% of free float and clearly attacked by short sellers. ?This attack has accelerated prior to the results in 10 days. Clearly a panic mood and preparing a way to get out of their position. As Citi mentions In its report this week, ?''?Active shorts might be opportunistically aggressive in their selling now.’' Isn’t it a sign that this stock is maybe being pushed down for no reasons for the short sellers to create a panic and cover their shorts? All the ratios and technicals and fundamentals are screaming out to the beginning of a massive short squeeze. ?I have never seen such a high days-to-cover ratios and short interest in a large cap company. This is just waiting for a positive catalyst, which hopefully will be the results. These should trigger a spike, short covering and hopefully trigger stop losses for the late short sellers, even if in line with expectations. Thin liquidity will help in this huge spike i am forecasting. I would expect some of the shorts to start covering this week and early next week, which would support the stock ahead of the results. My target: £3000 by early end of August/Early September. ''
Just had to reread the summary from May 19 in the FT in conjunction with the RNS published on 8th Aug from the company confirming the good news re uplift in earnings; bring on the results next week :)
Abu Dhabi’s NMC Healthcare raises full-year guidance
Private hospital and care provider finalises joint venture with Saudi Arabia
Shares in NMC Healthcare rose as much as 6 per cent on Tuesday after the company raised its full-year guidance, reflecting its joint venture with Saudi Arabia’s state-run pension fund plus consolidation of an IVF group.
The private healthcare provider raised its revenue guidance for 2019 to an upper level of $2.54bn with a lower limit of $2.5bn. Earlier guidance, announced in October, had an upper limit of $2.465bn. It forecast its earnings before interest, tax, depreciation and amortisation will be between $575m and $585m, compared with a previous range of $566m-576m.
Shares rose 6 per cent in London trading before shedding some of their gains to trade up 4 per cent at midday. They are down 7.5 per cent this year overall.
The private hospital and care provider, which has a market capitalisation of £5.3bn, was the first from Abu Dhabi to list on the London Stock Exchange when it had its initial public offering in April 2012.
The FTSE 100-listed company said on Tuesday it had finalised its NMC KSA joint venture agreement with Hassana Investment Company, the investment arm of Saudi Arabia’s state-run pension fund.
“I personally view this joint venture as one of the top landmark events in the history of NMC since its inception,” said Prasanth Manghat, chief executive of NMC Healthcare. “We see many opportunities of leveraging growth,” he added, saying that the group views the future “with considerable optimism”.
“We have a clear vision for transforming NMC KSA into one of the most dominant players in the country,” he said. “We will rapidly implement our strategic plan, bringing higher value services in the country, such as IVF, cosmetics and leveraging our association with Boston and Cincinnati children hospitals to strengthen paediatrics in KSA.”
Roll on start September and the commercial deployment of Fed Wireless ESC devices when we can kiss goodbye to this undervalued sp
The CBRS Alliance Congratulates Progress by Members CommScope, Federated Wireless and Google as Industry Readies for Commercialization of the CBRS Band
Sunnyvale, Calif. – July 30, 2019 – The CBRS Alliance, an industry organization focused on driving the development, commercialization, and adoption of OnGo™ shared spectrum solutions, marked another critical step in the path toward commercializing the 3.5 GHz CBRS band. On July 29, the Federal Communications Commission (FCC) confirmed coverage plans by CommScope, Federated Wireless, and Google for their respective Environmental Sensing Capability (ESC) networks, confirming adequate coverage of the Dynamic Protection Areas (DPAs) that will be protected by the ESC sensor networks. This is the final step and these ESC systems are now approved for coverage of the named DPAs.
Today, the 3.5 GHz CBRS band is used by the Department of Defense (DoD), primarily for shipborne radar. To ensure that the DoD has continued access to the band, ESC networks are being deployed along the U.S. coast, protecting the incumbent’s use of the spectrum. When an ESC sensor detects a protected radar transmission, it informs a Spectrum Access System (SAS) which activates a protection zone and dynamically reassigns users in the area to other parts of the band, as needed. As commercial services over shared spectrum are poised for rollout, approved ESC operators will ensure that incumbent users of the band are protected while helping to maximize availability of CBRS spectrum across coastal areas.
In October 2018, the FCC established a process for ESC operators to submit their sensor deployment plans. As part of the process, the ESC operators were required to provide sensor installation details demonstrating sufficient DPA coverage. The protected DPAs, which are ocean areas where the DoD operates, create neighborhoods that extend inland from the coastline and may be activated or deactivated as necessary to protect DoD radar systems. CBRS Alliance members CommScope, Federated Wireless and Google will deploy their ESC networks to adequately sense DoD activity in the DPAs in preparation for full commercial service, now estimated to begin in or before September 2019.
Probably explains the sp rebound well worth a listen
I suspect the only reason the sp remains at this suppressed level is that Invesco Fund Manager Mark Barnett is a seller in order to be seen to be "aloof" from a Woodford stock pick, albeit a successful one
Huge 5G market out there and Federated Wireless set to take full advantage of their first mover advantage; crazy the Allied Minds share price is where it is. Thought CA would have called for an EGM by now?
ART a bit more patience required. The new TM's will be in place from mid August according to recent podcasts and with the summer holidays finishing early September, it should be the perfect time to sign up restaurants in both new and existing territories as they will once again have tables to fill off peak.
Yes, Super they do need to sign up lots more restaurants and the current sp reflects this. Bottom line is they launched on the promise of 6000 restaurants within the year and got it badly wrong as didn't have the infrastructure in place. Now by a happy coincidence the area managers will be recruited in time for the end of the peak tourist season when restaurants will once again be looking to fill spaces in quiet time which is what this app is designed for and there will also be those lovely celebs advertising bigdish to optimise support. Great time to buy and hold imo.