The NMC Health share price has climbed 30%, so should you buy?

July 5, 2021 0 Comments

first_imgThe NMC Health share price has climbed 30%, so should you buy? I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Alan Oscroft | Tuesday, 11th February, 2020 | More on: NMC Image source: Getty Images. Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended NMC Health. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. NMC Health (LSE: NMC) has certainly had a high-profile life.In the latest twist to its story, the firm announced on Monday that it’s the target of not one, but two “highly preliminary” takeover approaches. There have been no actual proposals made, but Kohlberg Kravis Roberts & Co and GK Investment Holding Group were named as the potential suitors.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The NMC share price finished Monday 32% ahead, so what should we do now?The UAE-based healthcare provider has become vulnerable to takeover approaches since its recent share price slump, triggered by December’s short-selling attack from Muddy Waters. The famous research group published a scathing report on the company, accusing it of balance sheet manipulation and of inflating the prices of purchased assets.Since then, I’ve been expecting to see a detailed rebuttal and a transparent response to the individual claims. But other than denials, that has not really been forthcoming.OwnershipIn a further twist, it appears the company doesn’t even know who owns it. In fact, even founder and chairman Bavaguthu Raghuram Shetty doesn’t seem to know how much he owns. His stake, the firm says, together with those of two other controlling shareholders, might have been “incorrectly reported historically to the company and the market.” The three of them will be absent from further board discussions until a legal review into the affair is concluded.NMC shares are now down 64% since the Muddy Waters attack came to light, despite Monday’s uptick. They had previously been on high growth valuations, with a trailing P/E of 26 for 2018. We’re now looking at a multiple of 8 based on prior City expectations for the year just ended, and that drops as low as 5.3 as far out as December 2021.Forecasts must be entirely up in the air now, mind. They’re hard to get right at the best of times, when a well-managed company is behaving totally transparently. But if any of Muddy Waters’ allegations prove correct, they could prove worthless. And remember, this is a company that can’t count the shareholdings of even its top controlling investors.Buy?But NMC still looks like a viable business, even if its valuation has been badly rocked. And if we have two possible buyers taking an interest, are we looking at a big buying opportunity now?In the past, I’ve been bullish about NMC Health. But the revelations of the past couple of months have shattered any optimism I had. I’m really quite stunned that a FTSE 100 company can be alleged, suddenly, to be in such a state.ShamblesFrom where I’m standing, the management of NMC Health looks shambolic. And at best, its approach to transparency appears to be incompetent.If a takeover bid does emerge, I think it could provide a welcome escape for NMC shareholders. Without it, I could see the share price drifting ever lower. But I’m not a shareholder, and that’s the way it’s staying. I wouldn’t trust my money to NMC Health. See all posts by Alan Oscroftcenter_img Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997”last_img read more

‘Miracle’ boy who was trapped in sewer pipe opens up

May 18, 2021 0 Comments

first_imgLos Angeles Fire Department (LAFD)(LOS ANGELES) — A 13-year-old boy who was rescued after spending 13 hours trapped in a network of sewage pipes said on Tuesday he “was just praying to God” to be found because “I didn’t want to die.”Jesse Hernandez was picnicking with his family in Los Angeles as part of an annual Easter tradition on Sunday when he went to play at an abandoned building.After he stepped on a piece of wood that gave way, Jesse fell about twenty-five feet into the sewer pipe, the Los Angeles Fire Department said.The pipes, which run parallel the Los Angeles River and cross under freeways, are four feet in diameter. They are filled with two feet or more of sewage that moves at 15 mph, officials said.“I fell to like a tunnel-type thing and I slided,” Jesse told ABC station KABC-TV on Tuesday.He said his phone fell out of his pocket while he was trying to use it for light in the dark tunnel.As he waited to help, “I was just praying to God” to be found because “I didn’t want to die,” he said.Jesse told KABC-TV he had both positive and negative thoughts: sometimes he felt he would be rescued quickly, and other times he thought he was going to die.The fire department, working with the Bureau of Sanitation, frantically worked through the night and pinpointed the search area to a one-mile radius. Intelligence then narrowed the search down to a specific section of pipe, LAFD Capt. Erik Scott told ABC News.Cameras used to inspect pipes for repair were employed as part of the rescue effort, the fire department said.“One of the cameras saw some handprints on the sewer inside the pipe,” Adel Hagekhalil of the Los Angeles Bureau of Sanitation told ABC News.Rescuers opened that maintenance hatch and spotted Jesse.“When I first saw them I screamed ‘help,’” Jesse told KABC-TV. “I called my mom to pick me up and she was all happy and crying.”Jesse said he left those handmarks in the pipes on purpose “so they could track me down.”Scott said it appears Jesse traveled about three-quarters of a mile. He was found near the intersection of the 134 Freeway and the 5 Freeway.Jesse was taken to a local hospital and later released.Scott called it a “miracle” that the 13-year-old survived.“We maintained hope, we maintained intensity and we did not give up,” Scott said. “But I’ll be honest, we did not think we would find a viable patient.”After word spread that Jesse had been found, Scott said he has never seen so many men hold back their tears and embrace each other.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

UFO sightings in North America jumped to nearly 6,000 in 2019

May 18, 2021 0 Comments

first_imgiStock(NEW YORK) — There was a rise in the number of North Americans who looked up into the sky in 2019 and found something that didn’t look like a bird or a plane.The National UFO Reporting Center, which tracks calls and messages from people around the U.S. and Canada about strange sightings in the sky, reported that it received 5,971 sightings in 2019 — a jump from 3,395 in 2018.Peter Davenport, who runs the independent organization that’s based in Davenport, Washington, said he couldn’t explain why more people called about seeing flashing white lights, fireballs, disc-shaped objects or other oddities in 2019.“One of the mysteries of ufology is there is a fluctuation in the number of reports over the years,” he told ABC News in a phone interview. “Some years it’s been low, but it’s gotten higher recently.”California led the country last year with the most number of UFO observations to the site: 485 in total, an increase of 182 sightings from 2018. Florida came in second with 385 sightings in 2019, which was 156 more reports than in 2018, according to UFO Reporting Center data.Washington came in third with 222 reports last year, which represented an increase of 51 from 2018, according to the site.Davenport’s site takes reports from callers and online submissions, many of which are anonymous, and lists them with as much detail as possible. For example, on April 15, a man and his girlfriend reported they saw a formation in the sky near Bakersfield, California.“We witnessed 3 unidentified objects, one in middle being the larger escorted by two other smaller unidentified objects one to the left and one on the right having no lights and no sound and dark colored objects heading southeast traveling at an unknown speed and disappeared into the clouds beyond sight,” the report said.Davenport said he does not investigate any of the claims he collects and noted that some of the sightings may have been the same object that was seen by multiple people.Rick Fienberg, a spokesman for the American Astronomical Society, emphasized that the “u” in UFO stands for unidentified, and many people are unaware of astronomical goings on in space on any given day. For instance, Jupiter and Venus were more visible to Earth last year and they can stand out in the night sky, according to Fienberg.He also noted that Space X launched 180 new satellites into space last year, and those devices have lit up the night skies.“If you’re not keeping up with the news and not familiar with the skyline, you might mistakenly see an unidentified flying object. It may be unidentified to you, but known to others,” Fienberg said. Copyright © 2020, ABC Audio. All rights reserved.last_img read more

NATO states plan joint maritime munition acquisition

May 4, 2021 0 Comments

first_img Authorities View post tag: NATO Several North Atlantic Treaty Organization (NATO) states intend to combine maritime munition purchases with the aim of lowering acquisition costs by achieving economies of scale.Belgium, France, Italy, Netherlands, Poland, Portugal, and Spain signed a Letter of Intent on Multinational Cooperation for the Provision of Maritime Battle Decisive Munitions (MBDM) in Brussels during the NATO Summit held from July 11 to 12, 2018.The plan covers a broad range of munition types, including surface-to-air and surface-to-surface missiles, torpedoes, and gun shells.As explained, the potential establishment of common warehousing solutions could lower costs even further.NATO’s Assistant Secretary General for Defence Investment, Camille Grand, welcomed the initiative, calling it “an important first step on the road towards creating European stockpiles of high-quality maritime munitions to meet our evolving needs. Over time, it will increase our interoperability, our ability to share our munitions and to work smoothly and effectively together, whatever the circumstances.”This initiative follows similar efforts by NATO Allies and partners within the air and land domains.Specifically, the defense ministers of 16 NATO Allies and the former Yugoslav Republic of Macedonia also signed a Memorandum of Understanding (MOU) on Multinational Cooperation for the Provision of Land Battle Decisive Munitions (LBDM) during the summit in Brussels. Austria and Finland will also sign the MOU immediately following the NATO Summit. July 12, 2018 NATO states plan joint maritime munition acquisitioncenter_img Back to overview,Home naval-today NATO states plan joint maritime munition acquisition View post tag: Munitions Share this articlelast_img read more

Bolsonaro says he feels ‘very well’, praises hydroxycholoroquine

October 19, 2020 0 Comments

first_imgTopics : He did, however, deny making “propaganda for hydroxychloroquine”. Brazil is currently the second country hardest-hit country in the world by the pandemic, behind the United States.The death toll on Thursday was 69,184, with an increase of 1,224 in the previous 24 hours. Brazilian President Jair Bolsonaro, who has tested positive for COVID-19, said on Facebook Thursday that he was “very well” and again advocated the use of the controversial drug hydroxychloroquine. Bolsonaro, 65, appeared in his weekly Facebook Live post at his official residence. He appeared to be in good shape and was not accompanied, as is often the case, by ministers or senior officials, and the usual sign language interpreter was not present.Since the beginning of the crisis, the far-right president has dismissed the seriousness of the epidemic and criticized containment measures ordered by governors in Brazilian states. center_img Bolsonaro said that after feeling unwell at the end of last week, he had started taking one hydroxychloroquine tablet every day. The drug, originally tested to fight malaria, has been pushed as a treatment for COVID-19 in many countries — but its effectiveness has not been formally proven and the issue is deeply dividing the global scientific community. “I’m saying this very clearly,” Bolsonaro said in his video. “I took [hydroxychloroquine] and it worked, and I’m fine, thank God. And let those who criticize it at least offer an alternative.” last_img read more

Women’s basketball earns dramatic overtime win

September 16, 2020 0 Comments

first_imgAfter two crushing losses this past weekend against No. 9 Oregon and No. 15 Oregon State, the women’s basketball team looked for a turnaround win against the Utah Utes on Thursday night. They went on to win 53-52 in overtime. Senior guard Sadie Edwards provided an offensive spark in her penultimate game at the Galen Center. Sunny Dong | Daily TrojanUtah entered the game without their two top scorers Megan Huff and Daneesha Provo but still kept the game competitive against USC. In the 3rd quarter, USC took a 6-point lead but Utah roared back to take a 35-34 lead entering the final period.In the 4th, the teams fought neck and neck as the teams were tied at 45 before sophomore forward Ja’Tavia Tapley fouled Utah forward Megan Jacobs with 11 seconds left in the game. However, Jacobs missed both free throws and the game headed into overtime.Utah began overtime with 4 straight points, but USC would fight back to trail 50-52 with 15 seconds remaining. USC got a crucial stop by forcing a shot clock violation with three seconds on the game clock and on the other end, senior forward Kristen Simon stepped out to hit the go-ahead 3-pointer in front of Utes’ star Emily Potter to give USC a 53-52 lead with a second left. Utah attempted a lob which was broken up by senior guard Jordan Adams, giving the Trojans a nail-biting win.“I practice that shot every day for practice,” Simon said. “I shoot almost a hundred of them.”The Trojans were led by a huge game by Simon who posted 16 points, 15 rebounds, three steals and the game-winning shot. Senior guard Sadie Edwards added 13 points and junior guard Aliyah Mazyck, who fouled out in the 4th quarter, had 10. Despite a poor shooting night for the Trojans (4 of 22 from the 3-point line), their defense shined. Utah also shot poorly at 36.2 percent and during their last two possessions, USC forced a shot clock violation and broke up a clever play to win the game. Potter paced Utah with 20 points, 15 rebounds and two blocks. Utah’s free-throw shooting (9 of 17 from the charity stripe) ultimately doomed them as they were unable to convert crucial freebies in the 4th quarter and overtime which kept USC in the game.“Hats off to Utah, they did a heckuva job on gameplan, [head coach] Lynne Roberts was excellent,” USC head coach Mark Trakh said. “They played great and we were fortunate enough to make that last shot.”USC will close the regular season by hosting Colorado. In their previous matchup, USC embarrassed Colorado 86-51 in front of their home crowd.The Buffaloes are spearheaded by lead guard Kennedy Leonard who averages 14.9 points to go with 6.6 assists and 1.9 steals. The team also features a deep supporting cast that can help shoulder the load from time to time. However, the Buffaloes have generally struggled against other Pac-12 teams.“Everybody’s tough in the Pac-12,” Trakh said. “Colorado [and Utah] are both very well coached, they play hard so it’s going to be a situation where we just have to get after it.”As the Trojans close the season, it also means that the team will be bidding farewell to three of its key players: Simon, Adams and Edwards. Simon has done an excellent job as USC’s primary post player and offensive focal point, leading the team in scoring at 17.7 points and 8.7 rebounds per game. Edwards has helped support the team on both ends: scoring the ball (13.8 points on average) and serving as a solid defender. Adams might not be the flashiest player but her energy, leadership and all-around game have proven to be vital to this USC squad. Saturday’s game against the Buffaloes will be the three players’ last game in the Galen Center.“[The seniors] have done a great job,” Trakh said. “I love all of them, they’ve all done a great job, they’ve all bought into everything and hopefully, they’ve had a good experience while they were here in USC.”USC is still holding out hope for a berth in the NCAA Tournament, which begins in March.last_img read more

Andrew Helmer’s offensive improvement shows in shot clock era

September 16, 2020 0 Comments

first_imgAs if it were unexpected, Andrew Helmer charged up the field and drew little attention. The skills — the size, the speed, the stick-handling — were nothing new during Syracuse’s season-opening loss to Colgate. The 6-foot-1 long-stick midfielder rarely flashed them for much of his career. Offense or defense, he navigated mostly with his long pole in hand, sparingly using a short stick. Against the Raiders in 2019’s season-opener, to the surprise of maroon jerseys that sat and watched, Helmer reached back and found twine.“I’m pretty limited honestly,” Helmer said. “Usually I’m trying to get it to the extra man on the fast break. But, I mean, if someone gives me time and room, I’m more than willing to shoot.”While the effects of an 80-second shot clock have been largely minimal, SU head coach John Desko noted that the inception will lead to a faster pace of play before the season. A game which for years moved toward specialization now highlights midfielders who can play both sides of the ball. No. 8 Syracuse (5-3, 1-2 Atlantic Coast) has proven pieces for that mold. Junior short-stick defensive midfielder Peter Dearth showed versatility off a primarily offensive role in his first year and David Lipka has gone on scoring explosions. Helmer, in a consistent role with a goal and an assist so far this season, represents the evolution of SU’s system to feature its top athletes.“Guys are used to specializing at a young age and a lot of your short-stick defenders aren’t used to handling the ball,” Desko said. “If we can find guys like that, it’s a bonus.”AdvertisementThis is placeholder textJosh Shub-Seltzer | Staff PhotographerHelmer primarily served a defensive role with the long stick when he attended Summit (New Jersey) High School. He played close, one-on-one defense and shifted out to navigate the crease area. But Helmer showed something more, and became adept leading fast breaks — he scooped ground balls and took off. Jim Davidson, Helmer’s high school coach, talked with coaches about giving Helmer an opportunity with the short stick and possibly adding him to the man-up unit. But Helmer settled as a close defender and used the speed that made him “one of the fastest guys on the team” to create offensive opportunities.At Syracuse, the Orange saw an opportunity to take advantage of Helmer’s tools. By mid-April 2017, Helmer developed a reputation as a runner in the defensive midfield. The platoon of Helmer and Austin Fusco increased SU’s forced turnover numbers. Though SU’s defense has struggled against dodges from the top side, Fusco and Helmer have earned the Orange extra possessions.Starting in his sophomore year, Helmer’s contributions with a short stick were limited. He was injured and could only practice the last two days of the week. For games, he picked up the short stick and “tried to do my best.” Helmer appeared in 12 of Syracuse’s 15 games (the three he missed were due to injury) and split time between the short stick and the long pole.Coming into 2019, Helmer said he remained limited with the short stick and practiced with the rest of the defensive unit in pre-practice shooting lines and stick drills. Though he’s rarely shot in practice prior to this season, Dearth said SU’s “aggressive and up-tempo” style has forced players like Helmer and Spencer Small to work frequently with short sticks, so they’re “not completely clueless” when put in those situations in-game. “I’m definitely getting more comfortable with it,” Helmer said. “Being able to play out in transition and play both sides, I think that’s huge.”Susie Teuscher | Digital Design EditorEven on the defensive side, the short stick relies mainly on footwork and quickness, something Davidson said Helmer adapted to. He thrives through contact and utilizes his speed to stick with players and lead the break the other way. “He’s been becoming an unbelievable offensive midfielder,” Dearth said.Against Virginia, Syracuse mounted a comeback through mainly quick-trigger transition play off of faceoffs. Behind the goal, Helmer camped with the long stick he was used to playing with. When the ball found him, he passed it over the top to Bradley Voigt. In one of his best plays of the season, Helmer exemplified the offensive development he’s made, the result of a playing style Syracuse is taking advantage of.“It’s a progression,” Helmer said. “Getting better and better.” Comments Published on April 1, 2019 at 12:06 am Contact Michael: [email protected] | @MikeJMcCleary Facebook Twitter Google+last_img read more

Betsson seeks new CFO as Fredrik Rüdén departs this August

August 30, 2020 0 Comments

first_img GiG lauds its ‘B2B makeover’ delivering Q2 growth August 11, 2020 Fredrik RüdénStockholm-listed European betting & igaming group Betsson AB has confirmed the upcoming departure of Chief Financial Officer (CFO) Fredrik Rüdén, set for August of this year.A long-term Betsson AB executive team leader, Rüdén has served as corporate CFO since 2008 leading the firm’s financial strategy, auditing departments and controllership duties.Updating investors, Betsson Chief Executive Ulrik Bengtsson confirmed Rüdén’s departure month, and further stated that the company had begun its executive search for Rüdén’s replacement.Bengtsson and Betsson governance thanked Rüdén for his significant contribution to the firm’s growth, guiding financial strategy and operations  through a number of key corporate acquisitions and financing rounds.“Fredrik has contributed much to Betsson’s success during the nine years he has served as the company’s CFO.“I wish him all the best for the future.” Ulrik Bengtsson, commented. Submit Share Related Articles Andy McCue returns to betting with Betsson AB June 22, 2020 Share Betsson outrides pandemic challenges as regulatory dramas loom July 21, 2020 StumbleUponlast_img read more