Member Info for deos

Where do you see this price in next 20 days?

My average 30p

Do you have an email.

Yes thats why so many invested so much because it was UAEs number 1 healthcare provider.

The new guy tried to sort out the creditors but they were not keen. They will not be able to just ditch the shareholders at £0 and start again under a different company surely.

Surely any new buyers will have to offer the shareholders shares in new business especially as many involved are old Directors. Shetty still has 5% and alot of the shareholders are major players in the business which will carry on

Stewarts Solicitors sent me this:

Not Good

Dear Mr White

Thank you for you enquiry and at this stage Stewarts will not be bringing any claims against NMC Health plc on behalf of shareholders and we set out the reasons below. We understand your anger and concern as the available public information suggests that there has been a large scale fraud at NMC Health plc. We will be continuing to monitor the situation with NMC Health plc and we will keep our website page on NMC Health plc updated (https://www.stewartslaw.com/news/nmc-health-plc-investigating-potential-shareholder-claim/) .

We are not in a position to be able to provide you with legal advice but we do set out below our current observations on NMC Health plc based on publicly available information. The below email does not constitute advice and should only be considered as information to allow you to consider your next steps.

In terms of possible legal remedies for shareholders against the company, the news today (see enclosed company statement) that Alvarez & Marsal have been appointed as Administrators to NMC Health plc means that legal proceedings cannot be brought against NMC Health plc at this time. Under the Insolvency laws of England & Wales there is now a statutory moratorium which means that creditors and others (including shareholders) are prohibited from starting or pursuing legal proceedings against the company while it is in administration.

Under the insolvency laws in England the Administrator’s first objective of any administration is to rescue the company (as opposed to the business that the company carries on) so that it can continue trading as a going concern. If the rescue of the company is impossible, the administrator must aim to achieve a better result for the company's creditors as a whole than would be likely if the company were put into liquidation. If the administrator cannot achieve a better result for creditors as a whole, the purpose of the administration is to realise the company's assets to make a distribution to the company's creditors and only if all creditors (including unsecured creditors) are paid off in full will any distribution be made to shareholders.
The Administrator is predominantly working on behalf of creditors not shareholders and in most administrations shareholders are left with very little or zero value at the end of the administration or any liquidation that may follow.
This is a slightly unusual case given that NMC Health plc is the holding company for the largest private healthcare group in the UAE and we are in the middle of a global pandemic with NMC hospitals and medical centres being used to treat Covid-19 patients in the UAE. As the enclosed statement makes clear the Administrators are keen that NMC Hospitals and medical centres continue to function as normal so their current activities remain unchanged.

Our view is that for shareholders at this moment in time there are no effective legal actions that can b

Never forget it my stock advisor called me Weds night say Freeh found loads more debt it may get suspended. I thought be ok healthcare number 1 then suspended first thing Thurs morning. I had it on a t20 had to sell Metro at £170k loss then Tlw at £125k loss to raise the £200k. Then NMC admin so £500k loss

What are the emails done Stewarts?

I know just like that £9.38 to £0.

Marconi and Enron went from £0.25 to admin like Debenhams, TCG not from nearly £10

Why didnt we have chance to leave

Market dont like cuts

Hopefully not a big nose dive

Share on all boards

https://www.facebook.com/groups/2994256800634010/?ref=share

I know you always said we would come out of this I did as well.

Cant believe a company gone from £9.32 to £0

Enron, Marconi all went down to pennies I was aiming to get out at £10-12

Did you get mine 20,000 shares £190,000 after Dec 19

I had no chance of getting out as overall was never in profit.

I reckon they planned admin months ago

It was all a smokescreen

When they are sold which they will be do we get shares in new company

I have emailed

nmchealthgroup@headlandconsultancy.com
info@stewartslaw.com

Will carry on trading and the shareholders been raped.

Sufsid etc

Cant see it on fb?

I will join any action groups.

Email me links gareth@deos.co.uk

I cant believe the last few months.

£200,000 here lost £300,000 elsewhere.

So depressed

How can this happen while the board and people involved can walk away with our billions

I had 200,000 here but sold other shares at a near £300,000 loss to get these. So ive lost £500,000 in two months in theory.

How the fck can this happen NMC was a ftse 100 company and the Directors stole billions behind our backs.

Are there any groups on like facebook or anywhere else that we can complain???

Which is dead is this a gamble at 30p as was 15p a week ago

And tlw and pmo have flown all week?