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Making the News

 

Jefferies and HSBC disagree on NMC

Investment bank Jefferies has issued another critical note of NMC Health, reducing its price target again and dissecting its goodwill and lease liability reporting. HSBC, meanwhile, still prefers it in the UAE over Mediclinic, citing demographic changes. NMC Health gives us its rebuttals to Jefferies' note.

IHH share price falls as Lira weakens

IHH Healthcare's share price fell 2.7% on the morning of Monday, July 8, as the Turkish lira weakened because of a high-level sacking by president Erdogan. The two might not be inextricably linked but it highlights the inherent risk to the Turkish business.

Medica shares dive after Peel Hunt note

Shares in UK-based Medica Group have dropped 19% since broker Peel Hunt issued a note to reaffirm its reduced investment rating, six weeks after it announced Synlab's Stuart Quin would be joining as CEO.

Medsi triples public work, targets IPO

Russian private healthcare operator Medsi tripled its work with the public payor in Q1 2018, growing revenues by half and nearly doubling margins. We talk owner Sistema about expanding Medsi outside of Moscow, and its IPO plans.

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