Two top NMC Health shareholders selling stock to pay back debts

7th Jan 2020 20:55

(Sharecast News) - Two of NMC Health's main shareholders will sell down their holdings in a bid to reduce their indebtedness, including that of corporate entities owned by them.

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Tuesday broker round-up

7th Jan 2020 12:31

(Sharecast News) - SSE: Goldman Sachs downgrades to neutral with a target price of 1,461p.

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NMC Health launches review into December 'attack'

6th Jan 2020 08:27

(Sharecast News) - Private healthcare operator NMC Health will oversee an independent third-party review following an "attack" on the company by US short-selling firm Muddy Waters back in December.

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NMC Health releases floor area details of Royal Women's Hospital

27th Dec 2019 08:41

(Sharecast News) - NMC Health issued a further response to the "attack" from short seller Muddy Waters on Friday, reporting that it has obtained a letter from STH Consultant confirming the total built-up floor area of the NMC Royal Women's Hospital hospital at 18,595 square metres.

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Muddy Waters doubles down on allegations against NMC Health

23rd Dec 2019 16:32

(Sharecast News) - One of the markets' best-known 'short-sellers', Muddy Waters Capital, called on NMC Health to insure the independence of the third party review of the allegations made against it.

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NMC Health shares surge as it announces independent review

23rd Dec 2019 09:19

(Sharecast News) - NMC Health announced the launch of an independent review on Monday, following what its board described as an "attack" on the company last week from short seller Muddy Waters.

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NMC Health slumps on financing report

20th Dec 2019 09:08

(Sharecast News) - Shares of NMC Health fell sharply on Friday following a report that the Abu Dhabi-based healthcare operator was in talks to raise hundreds of millions of dollars of off-balance sheet debt to fund new hospitals.

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FTSE 100 movers: Flutter rises, NMC Health dives

19th Dec 2019 15:30

(Sharecast News) - London's FTSE 100 was up by 0.39% at 7,570.07 in afternoon trade on Thursday, with Flutter Entertainment leading the index higher.

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NMC Health reaffirms guidance, hits back at Muddy Waters

18th Dec 2019 07:55

(Sharecast News) - Abu Dhabi-based healthcare operator NMC Health reaffirmed its guidance for 2019 and 2020 as it hit back at a damming report by research firm Muddy Waters, insisting that its accusations were "unfounded".

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Muddy Waters says it's shorting NMC Health, shares sink

17th Dec 2019 10:41

(Sharecast News) - Shares of Abu Dhabi-based healthcare centre operator NMC Health tumbled on Tuesday after research firm Muddy Waters said it had "serious doubts" about the company's financial statements, accusing it of manipulating its balance sheet to understate debt.

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Barclays reiterates NMC Health as 'top pick' in sector

13th Nov 2019 15:14

(Sharecast News) - Analysts at Barclays reiterated NMC Health (overweight; target price: 4,275.0p) as their 'top pick' within the sector following a roadshow by the company's management earlier in the same week.

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Wednesday broker round-up

18th Sep 2019 13:15

(Sharecast News) - Weir Group: JP Morgan downgrades to neutral with a target price of 1,500p.

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Berenberg ups target on NMC Health as bear case goes into hibernation

18th Sep 2019 11:10

(Sharecast News) - Analysts at Berenberg raised their target price on healthcare provider NMC Health from £36 to £40 on Wednesday, stating that its bear case was "going into hibernation" following the group's recent first-half results.

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NMC Health soars on deal speculation; H1 profit rises

22nd Aug 2019 07:13

(Sharecast News) - NMC Health shares soared on Thursday following a report that two groups, including one backed by Chinese conglomerate Fosun, have made competing offers to buy a 40% stake in the UAE-based healthcare provider worth up to $1.9bn.

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Director dealings: NMC Health boss buys in near 200-week moving average

30th May 2019 15:50

(Sharecast News) - NMC Health boss Prasanth Manghat picked up some shares in the Middle-East focused provider of health services on Thursday.

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