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The SP is now bouncing on the absence of news, as opposed to how it would drop last week and the week prior in the same scenario.
Market sentiment has finally turned and this will continue to climb.
Good news will accelerate the rise significantly whilst bad news will only temporarily dampen it.
This should be a good remainder of the working week.
We all know NMC will have no shortage of bidders and the arabs have friends in high places who will always be looking for a bargain!!
Dont let the shorters fool you! Look at how they suddenly appear out of nowhere in force as soon as the SP drops!
Copy and paste once again for all the new lurkers on this board, since without a doubt NMC has attracted a massive amount of interest internationally from big players and smaller PIs. Thank you 'alwayswrong' for the original post.
The usual method for determining the offer price is based on a multiple of net earnings..
NMC are projecting annual earnings of £230 million for 2019..
1. If the NMC is categorised as being a company in decline ( a dog ) in other words their hospital contracts are be being wound down over say a 10 year period then an earnings multiple of between 6 and 8 times would be a fair offer...i.e. between £1.4 to £1.8 BN
£7.00 to £8.70 per share..
2..If the NMC were to maintain their existing hospitals in perpetuity, but not acquire any new hospitals ( cash cow ) then an earnings multiple of between 10 and 12 would represent a fair offer..
I.e. between £2.3 to £2.8 BN.. or £11.00 to £13.50
3..If , however , the NMC was still deemed to be a growth company ..I e. acquiring new hospital contracts ( rising star )then a minimum earnings multiple would be around 15 with a maximum of up to 35, depending on the planned levels of growth ..
This would make a fair sale price to be in the region of
£3.5 to £8 BN. or ....£17 to maybe up to £40 per share.
It follows therefore that all other things remaining equal , then unless the NMC is in decline and winding down,. the offer price of £2 billion being mentioned is a derisory one.
My understanding is that the NMC is still a growth company ...?? For information the share price earnings multiple ( PE ratio ) over the past 5 years has ranged been between 14 and 36...
I said all other things remaining equal because we have the overhang of the Muddy Waters report.. ‘
Nice to see some more confirmation from NMC regarding one of the interested parties for takeover.
I'd be honestly shocked to see this go for less than 1500-1600, and far more likely 1800+
700 to 900 on the dot.
I know the big shorters are still in the profit but I hope the vermin shorters who have been plaguing this board in recent days like CMF1 and Mr Traders opened their shorts at 700!!
Still a BARGAIN at 870
The usual method for determining the offer price is based on a multiple of net earnings..
NMC are projecting annual earnings of £230 million for 2019..
1. If the NMC is categorised as being a company in decline ( a dog ) in other words their hospital contracts are be being wound down over say a 10 year period then an earnings multiple of between 6 and 8 times would be a fair offer...i.e. between £1.4 to £1.8 BN
£7.00 to £8.70 per share..
2..If the NMC were to maintain their existing hospitals in perpetuity, but not acquire any new hospitals ( cash cow ) then an earnings multiple of between 10 and 12 would represent a fair offer..
I.e. between £2.3 to £2.8 BN.. or £11.00 to £13.50
3..If , however , the NMC was still deemed to be a growth company ..I e. acquiring new hospital contracts ( rising star )then a minimum earnings multiple would be around 15 with a maximum of up to 35, depending on the planned levels of growth ..
This would make a fair sale price to be in the region of
£3.5 to £8 BN. or ....£17 to maybe up to £40 per share.
It follows therefore that all other things remaining equal , then unless the NMC is in decline and winding down,. the offer price of £2 billion being mentioned is a derisory one.
My understanding is that the NMC is still a growth company ...?? For information the share price earnings multiple ( PE ratio ) over the past 5 years has ranged been between 14 and 36...
I said all other things remaining equal because we have the overhang of the Muddy Waters report.. ‘
Just a point to note
Between 810-820 and 1000-1050 there is virtually NO resistance for the bulls
We just need to clear back up to 820 then this should accelerate. Ofcourse this could change any second but its encouraging!
Ignore the shorter infestation on this board!!
It's the MMs, they're chasing the price down with resistance of around 10,000 to 15,000 shares at whatever price this goes to.
When it was at 760 there was a 12000 sell order just above. 750, same story. I'd imagine once that order is cleared it'll regain momentum.
That's just speculation though, as for why theres this ceiling, I don't know to be honest
Again resistance at 750p now and more between 760 to 800 then it's clear above.
I'll check back in later. Wouldn't be surprised to see another host of posts trying to bring down the price.
Everyone with a bit of sense here realises just how ridiculously oversold and undervalued NMC is right now! Takeover bids would be no less than 1200 if not 1400, 1600 and above!
Little bit of news comes out that the arabs are clarying their holdings between themselves and vermin like Mr Trad3r come out in the droves to try and scare everyone!
Today we had confirmation of takeover bids - which Mr Trader repeatedly said over the weekend WOULD NOT happen, and we know the intrinsic value of NMC even taking into account its recent volatility is still minimum 1.5x current trading price, more like 2-3x!!
Hold on and have hope and if anyone works out how to filter these shorter scum please let the rest of us know
Too much resistance at 760, this will come back up once momentum had regathered
I wouldn't be surprised if the likes of Mr Tr3der each have 3 or 4 LSE accounts and talk to each other, right now they're in hiding but look at what the state of this board was last week and over the weekend, full of shorting propaganda and cr*p
Dozens upon dozens of £10k+ buys, these all add up, PIs realising the potential of NMC
For anyone who hasnt got level II data, theres a huge amount of resistance against the bulls between 760 and 800 but the trades are coming in fast and large
Sure mate, you're delusional, everyone sees through your BS
Mr Tr3der you're vermin
Go and crawl back under the floorboards
You're a lying shorting scum who claims to be in 'long' and 'bought in at 1600' whilst every day posting 50+ messages to bring the price down
Reposted again to keep the shorters at bay
The usual method for determining the offer price is based on a multiple of net earnings..
NMC are projecting annual earnings of £230 million for 2019..
1. If the NMC is categorised as being a company in decline ( a dog ) in other words their hospital contracts are be being wound down over say a 10 year period then an earnings multiple of between 6 and 8 times would be a fair offer...i.e. between £1.4 to £1.8 BN
£7.00 to £8.70 per share..
2..If the NMC were to maintain their existing hospitals in perpetuity, but not acquire any new hospitals ( cash cow ) then an earnings multiple of between 10 and 12 would represent a fair offer..
I.e. between £2.3 to £2.8 BN.. or £11.00 to £13.50
3..If , however , the NMC was still deemed to be a growth company ..I e. acquiring new hospital contracts ( rising star )then a minimum earnings multiple would be around 15 with a maximum of up to 35, depending on the planned levels of growth ..
This would make a fair sale price to be in the region of
£3.5 to £8 BN. or ....£17 to maybe up to £40 per share.
It follows therefore that all other things remaining equal , then unless the NMC is in decline and winding down,. the offer price of £2 billion being mentioned is a derisory one.
My understanding is that the NMC is still a growth company ...?? For information the share price earnings multiple ( PE ratio ) over the past 5 years has ranged been between 14 and 36...
I said all other things remaining equal because we have the overhang of the Muddy Waters report.. ‘
The usual method for determining the offer price is based on a multiple of net earnings..
NMC are projecting annual earnings of £230 million for 2019..
1. If the NMC is categorised as being a company in decline ( a dog ) in other words their hospital contracts are be being wound down over say a 10 year period then an earnings multiple of between 6 and 8 times would be a fair offer...i.e. between £1.4 to £1.8 BN
£7.00 to £8.70 per share..
2..If the NMC were to maintain their existing hospitals in perpetuity, but not acquire any new hospitals ( cash cow ) then an earnings multiple of between 10 and 12 would represent a fair offer..
I.e. between £2.3 to £2.8 BN.. or £11.00 to £13.50
3..If , however , the NMC was still deemed to be a growth company ..I e. acquiring new hospital contracts ( rising star )then a minimum earnings multiple would be around 15 with a maximum of up to 35, depending on the planned levels of growth ..
This would make a fair sale price to be in the region of
£3.5 to £8 BN. or ....£17 to maybe up to £40 per share.
It follows therefore that all other things remaining equal , then unless the NMC is in decline and winding down,. the offer price of £2 billion being mentioned is a derisory one.
My understanding is that the NMC is still a growth company ...?? For information the share price earnings multiple ( PE ratio ) over the past 5 years has ranged been between 14 and 36...
I said all other things remaining equal because we have the overhang of the Muddy Waters report.. ‘