Member Info for ecovest

Revenues increased by 16.9%, EBITDA by 10.2%, Net profits by 12.1%. Proposed dividend of 5.4 p per share. Outlook for 2015 in the UAE and the Gulf remains positive and expected to continue supporting growth of the business. Dubai started the roll out of compulsory health insurance in Q4 2014, to be phased in over two years. Around 66% of the Emirate's residents are currently without healthcare insurance, so this is quite a gap to fill!

But yes Shabzay also right I think.

Massive director buy (£50 million!) in June 2014 also very reassuring.

More likely I think because of oil price fall and concern that that might affect middle eastern spending on healthcare among other things. But overdone I'd say - health isn't something people tend to budget on. NMC healthcare also worth a look - similar sort of share.

yesterday, hence drop.

Brit and Catlin already bid for. Novae looks like tasty, relatively small fry for someone as part of this industry consolidation? Amlin is the other likely one, but broker views on that seem more mixed and I suspect downside there might be greater from its current highs.

The acquisition today brings some welcome diversification but in a similar line of business. Market obviously likes it.

Money now good. Decent high yielding dividend payer going = bad!

Maybe Gko should get into solar too, but in any event it confirms the need for alternative power to fill national need: http://www.businessworld.in/news/economy/india/budget-2015-solar-saviour/1738727/page-1.html

Some very large ones of these - often a good sign.

Launch was at lower end of the estimates (£195 per share). The IPO had a supportive write up by Questor in the Telegraph: http://www.telegraph.co.uk/finance/markets/questor/11376934/Questor-share-tip-John-Laing-retail-offer-is-worth-a-look.html Dividends, on the basis of his write up should produce a yield of around 4.25% on the IPO issue price - slightly higher for anyone buying in at the current price. I bought a small amount in the IPO, aiming to hold for the long term.

Telecity merger news today. Iomart rise probably due to expectation of further consolidation in the sector.

With New York listed Interxion, hence rise.

So what went wrong? I hardly even have to contact my service provider so never sure what people go on about in terms of complaints. And which site did you look at to see complaints?

A few of my Aim shares dropped today - so I think just a (Greece related) overall market thing rather than share specific. Agree, looks very good value.

private equity

Rumours of American PE interest mentioned on directors' talk site.

any idea what's behind today's rise?

Reporting actual (today) not imminent. And all looks fine - results at lower end of expectations perhaps, but still growing and doing fine. Two brokers also keeping 'buy' recs with s/p target well above the current one, albeit a bit lower than their previous targets to reflect today's RNS. Panic selling/stops hit maybe as the drop reinforced itself and I suspect this is also a bit of a trader's share too and being small cap it's quite volatile - traders often sell on news. I think it should pick up as the day proceeds and probably more over the coming weeks.

Bought mine a while back via HL.