NMC Healthcare is UAE’s largest private healthcare provider. It has two main branches of business, NMC Healthcare and NMC Trading.
From a one room clinic in Abu Dhabi to a global healthcare enterprise in 40 years – this is the journey called NMC.
Since its inception, NMC has been chalking out distinct growth strategies that reflect the continuing leadership in the market. Having focused on expanding the capacities and building new capabilities, NMC has developed specialised verticals covering multi-specialty care, maternity and fertility, long-term and home care, operations and management and distribution services.
Over the years, NMC has earned the trust of millions, thanks to its personalised care and a sincere commitment to the overall well-being of the community it serves.
With a team of over 2,000 doctors and 18,000 paramedical and support personnel, NMC owns and manages over 135 healthcare facilities that includes hospitals, medical centres, long term care facilities, day surgery centres, fertility centres and home health services providers.
Every year, over 8.5 million patients are treated by NMC doctors across UAE, Saudi Arabia, Kuwait, Oman, UK, Spain, Italy, Denmark, Slovakia, Egypt, Brazil and Colombia.
NMC was the first company from Abu Dhabi to list on the London Stock Exchange and is now part of the FTSE 100 Index, an elite club of top 100 blue-chip companies by market cap.

Still watching this one.

Still watching

NMC Health on target for full year
By Michael Millar

Thu 03 Jan 2013

NMC - NMC Health

Latest Prices
Name Price %
NMC Health 200.00p 0.00%

Health Care Equipment & Services 3,906 +0.32%

LONDON (SHARECAST) - NMC Health, which provides healthcare services in the United Arab Emirates, said it expected full year results be in line with expectations.

Its trading update said both revenue and profit levels for the year to the end of December were in line with expectations, while its net debt position and cash balance were as projected and capital expenditure remained on budget.

The firm reported work was progressing on its four major capital projects and the costs of each of these remained on budget.

These include hospitals in Abu Dhabi, Khalifa City and Dubai, as well as the Musaffah Day Patient Centre.

Chief Executive, Dr B.R.Shetty, said NMC's financial position remained good.

"Revenue and occupancy remained strong in the group's operational healthcare facilities during the second half of the year and our Distribution Division growth has continued as expected in the latter part of the second half of the financial year," he said.

"We are excited by the opportunities that we believe will be available to build on the group's good reputation in the UAE, with the opening of three of our four capital projects during the 2013 financial year," he added.

The firm will release its full year results for the twelve months ended 31st December on 26th February 2013

Making a good recovery

:-))

Final Tues 26th, Brilliant recovery.

http://www.barchart.com/opinions/stocks/NMC.LS

Full year group revenue rises 10.5 per cent at NMC Health
Tue 26 Feb 2013

NMC - NMC Health

Latest Prices
Name Price %
NMC Health 269.25p +0.09%

FTSE All-Share 3,308 -1.14%
FTSE Small Cap 3,688 -0.73%
Health Care Equipment & Services 3,948 -0.95%

LONDON (SHARECAST) - Group revenue rose 10.5 per cent to 490.1m dollars in the full year to December 31st at NMC Health, the healthcare provider operating across the United Arab Emirates.

In a financial report for the full year, the group reported that revenue in the healthcare division was up 15% to $251.6m compared with the full year 2011. This was driven principally by occupancy levels, which were up 750 bps to 60.5% compared with the full year 2011.

Distribution revenue was up 7.0% to $271.1m principally driven by continued expansion of product lines.

EBITDA (earnings before interest, tax, depreciation and amortisation) was up 12.9% to $79.6m compared with the full year 2011.

Business highlights for the year included the completed acquisition of BR Medical Suites in Dubai for a cash consideration of $9.0m. The company was also awarded a five year contract to manage the Sheikh Khalifa General Hospital in Umm Al Quwain.

Dr Shetty, Chief Executive Officer of NMC Health, commented: "This has been a pivotal year for NMC Health, and we are proud to have been the first Abu Dhabi-based business to list on the Premium Segment of the London Stock Exchange.

“Our full year results show that we have made strong progress across our existing facilities during 2012. 2013 will again be a year of transformation as we expect to open three of the four capital projects, which we committed to as part of our IPO, and which will help drive our future growth.”

NMC Health’s share price was up 0.37% to 270p at 12:43 on Tuesday.

The naked trader 27 Feb -


I've bought some more NMC Health (LON:NMC) at 265.6. Off the radar for most this one but I've already made profits of more than 30% on it and happy to average up with some more.

Excellent results yesterday with big rising profits and a confident outlook - it is very close to gaining entry to the FTSE 250 if it goes a little higher and could enter next month or in June which would give it another lift.

And finally as you know I am a big fan of topping up shares I already hold that have already gone up a lot.

NMC Health PLC (NMC:LSE) set a new high during today's trading session when it reached 308.00. Since the IPO on Apr 02, 2012, the share price is up 43.33%.

Great chart.

NMC Health records increase in quarterly revenues
Tue 30 Apr 2013


NMC Health records increase in quarterly revenues LONDON (SHARECAST) - NMC Health has posted an 11 per cent year-on-year increase in first quarter revenues to 139m dollars, bolstered by demand for specialist clinical services in its healthcare division.

The chain, which has branch hospitals in Dubai, Sharjah and Al Ain, said it was trading in line with expectations for revenue and earnings before interest, tax, depreciation and amortisation (EBITDA).

Its healthcare division’s occupancy rates increased 64% in the quarter, compared to 55.7% the year earlier, despite an additional 31 beds.

Revenue in the Distribution division increased by more than 10% to $77.3m, compared with the three months to March 31st 2012. Gross margin levels remain as expected.

The group had $217.6m of cash and bank deposits, and a total group debt of $302.6m as at March 31st 2013, both broadly in line with management expectations.

"NMC Health has made a strong start to the year. Occupancy levels in the healthcare division continue to increase driven by a strong demand for our services in the region," Chief Executive Bavaguthu Raghuram Shetty said.

"The Distribution division continues to perform well in good macro-economic conditions in the UAE. We are looking forward to opening our day patient centre in Mussafah in the coming weeks and I am pleased with the progress we are making with our other capital projects."

The group added that its capital projects remain on budget. Projects include the Brightpoint Women's Hospital, Mussafah day patient medical centre, Dubai Investment Park General Hospital and Khalifa City Specialty Hospital.

The share price fell 3.23% to 326.90p by 09:35 Tuesday.

===================================================
30 Apr 15:22 NMC Health PLC Numis Downgrades

LONDON (ShareCast) - NMC Health continued to fall one day after it posted an 11 per cent year-on-year increase in first quarter revenues to 139m dollars, bolstered by demand for specialist clinical services in its healthcare division. The figures failed to impress Numis Securities, prompting a downgrade from 'buy' to 'hold'.

NMC Health: Numis upgrades to buy with its target price at 350p

Ex divi 29 May payment 4 July 4.1p

Consensus recommendation



As of May 24, 2013, the consensus forecast amongst 3 polled investment analysts covering NMC Health PLC advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Apr 03, 2013. The previous consensus forecast advised investors to purchase equity in NMC Health PLC.

Share price forecast


The 3 analysts offering 12 month price targets for NMC Health PLC have a median target of 350.00, with a high estimate of 379.00 and a low estimate of 338.00. The median estimate represents a 17.06% increase from the last price of 299.00.

NMC Health: Numis ups target price from 500p to 560p and reiterates a buy recommendation.

In todays mail newspaper - Dubai decision lifts NMC Health.

More old codgers are retiring in Dubai and its easy to see why. Cold and wet weather is unlikely to ever bother them again and the heat will help their various ailments, so prevalent in the UK , totally alleviated.
Dubai's small population and numerous medical facilities in the private and public sector also mean that long waiting lists for a hospital bed are almost unheard of in the country.
Savings and pensions are probably better off invested in the Emirates for tax purposes too and, with strict alcohol laws reducing crime in the region to absolute minimum levels, the seven-plus hour flight on Virgin Atlantic out of Gatwick for many is well worth enduring.
Dubai was in the news yesterday after shares of NMC Health, the first Abu Dhabi company to be listed on the LSE in April 2012, soared 39.5p to a record 420p after the Dubai government made health care insurance mandatory for all residents and visitors.

Director Deals - NMC Health PLC (NMC)

Jonathan Bomford, Non Executive Director, bought 10,000 shares in the company on the 28th November 2013 at a price of 413.45p. The Director now holds 10,000 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com

In Shares - forecasts for 2014 are looking conservative given the situation in Dubai.
The company will manage six hospitals in the United Arab Emirates next year as well as two day care patient centres, one medical centre and eight pharmacies. It also has a distribution business which supplies pharmaceuticals, food and scientific and medical products. Both brokers who follow NMC are bullish.