Member Info for Kabaa

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Also says it will likely be removed from ftse100.

Careful putting too much in here guys. Lots of very bad info posted on this forum.

It will keep collapsing as these things often do.

Stated debt is massive anyway and way bigger than the market cap.

S&P downgrades NMC health to BB and places it on Credit watch negative.

This is unlikely going back to £12 any time soon....

https://www.reuters.com/article/brief-sp-places-nmc-health-on-creditwatc/brief-sp-places-nmc-health-on-creditwatch-negative-due-to-governance-deficiencies-downgrades-to-bb-idUSFWN2AC112

A few people are comparing what is happening here to Enron.

Some people reading the nonsense posted on these boards about remortgaging their house and that this is the best opportunity ever, should go and take a look how quickly that collapsed from huge heights.

This has become extremely high risk. Shares don't just drop 75% for no reason.

S&P today downgraded it to BB.

People chucking huge amounts at this should be incredibly careful. If MW allegations turn out to be true this could go up in smoke very quickly.

I'm not suggesting anyone do anything but be careful. Many lose their shirts very quickly thikning theyre getting something for cheap, then averaging down.

It looks like we are about to have the next wave down (on the chart) before the end of the week.

Whether the directors Have sold a further massive slug of shares still needs to be announced. Also if they will be returning from suspension.

I think if it is the case more shares were sold on behalf of directors whilst NMC stating last week 'They know no specific reason for the drop in share price' then you know the share price will be in deep trouble.

If I were an institution holding this stock now I would want it off my book immediately.

Still no news on where the directors shares disappeared to? And if they were sold by the banks...

Read some of my posts from last night.

I told you so.

Many dimwits attacking me on here talking nonsense. Hope they lost money. Very dishonest.

https://www.standard.co.uk/business/comment-nmc-healthcare-shambles-must-be-fully-investigated-a4358196.html

https://www.theguardian.com/business/nils-pratley-on-finance/2020/feb/10/nmc-health-needs-urgent-truth-serum-to-survive-ftse-woes

https://www.marketscreener.com/NMC-HEALTH-PLC-10352304/news/NMC-Health-UK-s-FCA-looking-into-NMC-Health-s-disclosure-of-co-chair-s-stake-being-under-review-29974842/

https://www.thisismoney.co.uk/wires/reuters/article-7988621/UKs-FCA-looking-NMC-Healths-disclosure-chairs-stake-review.html

Say what you want about my posts but this is Not exactly good is it?

We cannot have stocks like this in the UK ftse 100. This is vile behaviour

Read the latest ft article and rns.

Someone posted below or google it.

Play the ball not the man and don't shoot the messenger.

Well it's close to a tenner now but I definitely wouldn't buy it now after what has happened.

This puts the risk through the roof. Even ft 're suggesting share suspension. That is NOT good in this scenario. Especially when many are holding millions of pounds worth.
They may not come back to market.

It seeks they're dumping shares as fast as they can and the suckers that bought 500m at £12 got a severe shafting.
Can they not sue for losses without the other share holdings disclosure (considering they likely have been dumped so soon after ?)

Also can the company not get sued for misreporting this so severely?

No wonder they're up for sale.

I take back my suggestions this could be 3-4bn. Barge pole.

I took profit out of this at the end of the day.

I don't like to deramo but I agree with the latest ft article.

Reading the latest rns's about knowing no reason for the drop whilst we are told days later, directors may have shares under different account that are being firesold.

All of this after the muddy waters report and the director sells at £12 before makes me think this company is in far dire state than we are led to believe.
If debts are that bad, shareholders could literally end up with zero or very close.

I will come back when there is more information on this one but for now it looks like one of the worst car crashes I've ever seen in the stock market.

You'll probably find the second RNS is nothing to be worried about and the market has blown it completely out of proportion in the last few days.

The real news here, confirmed by the Daily Mail and several parties, is that a 2bn PLUS takeover is on the cards.

For those with the balls to hold, they'll likely be sitting on over a tenner a share soon...

E-Al - good post and the fact it's down nearly 50% since Monday lunchtime, with the company saying no known reason for the share price drop (thereafter recovering to £11.37 on the tuesday) suggest this will be on the leader boards next week with everyone wanting to buy it...
T/O rumours thrown in the mix we could get some huge rallying in the following days.

Doing a bit of research, this seems to be undervalued on every measure.

Enormous profits, access to heaps of cash, very valuable assets compared to market cap.

Even if muddy waters has any merit to its note, this is way overdone now from £28.

Any takeover would eventually be well north of £12. The 2bn figure in the article is like just a standard low ball bid (and still over £9.50). These things usually go much higher in the following weeks.

I think I'll be buying more of these for the long term.

People talking of £5 and suspension are just being silly. That doesn't Happen to stocks of this strength and size, especially so soon after a 5 hundred million pound purchase of the equity.