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Netcare (JSE:NTC) investors are sitting on a loss of 35% if they invested five years ago
Netcare Limited (JSE:NTC) shareholders are down 45% over a half decade. The company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. Last year's performance caps off a bad run, with shareholders facing a total loss of 6% per year over five years.
10 Tiger Deaths In Tamil Nadu In 2 Months Due To Natural Causes: Report 10 tiger deaths in Tamil Nadu's Nilgiris region over the last two months was due to natural causes, says the National Tiger Commission or NTC. The commission report highlights the inherent challenges as tigers move out to new areas with few or no prey.
Should the ACT and Northern Territory have more senators? Every state has six times the senators of the ACT and NTC. There are currently 76 senators in the upper house. Until 1975, there were no territory senators.
Eskom unbundling: Nersa approves licence for independent transmission company The process of unbundling Eskom is one step closer to realisation. SA's energy regulator approved the operating licence for an independent transmission company. No announcement has yet been made on the crucial appointment of a board to head up the NTC.
Is Netcare Limited's (JSE:NTC) Recent Performance Underpinned By Weak Financials? Netcare (JSE:NTC) has had a rough three months with its share price down 10%. The company has seen a lack of earnings growth as a result of retaining very little profits. Whatever little it does retain is being reinvested at a low rate of return.
Netcare (JSE:NTC) Will Pay A Larger Dividend Than Last Year At ZAR0.30 Netcare Limited (JSE:NTC) has announced that it will be increasing its dividend from last year's comparable payment on the 17th of July to ZAR0.30. This makes the dividend yield 4.1%, which is above the industry average. The company has a long dividend track record, but it doesn't look great with cuts in the past. The last dividend was quite easily covered by Netcare's earnings.
With 61% institutional ownership, Netcare Limited (JSE:NTC) is a favorite amongst the big guns A total of 5 investors have a majority stake in Netcare Limited (JSE:NTC) with 54% ownership. The largest shareholder is Public Investment Corporation Limited with 27% of shares outstanding.
Netcare (JSE:NTC) Is Paying Out A Larger Dividend Than Last Year Netcare Limited (JSE:NTC) has announced that it will be increasing its dividend from last year's comparable payment on the 17th of July to ZAR0.30. This will take the annual payment to 4.1% of the stock price, which is above what most companies in the industry pay. Although the company has a long dividend history, it has been cut at least once in the last 10 years. Earnings per share has been sinking by 21% over the last five years.
Revenue Beat: Netcare Limited Exceeded Revenue Forecasts By 6.6% And Analysts Are Updating Their Estimates Netcare Limited (JSE:NTC) released its half-year result to the market last week. Revenues of R12b came in 6.6% ahead of analyst predictions. The early response was not positive, with shares down 4.6%. Netcare's eight analysts are now forecasting revenues of R23.8b in 2023. Per-share earnings are expected to climb 15% to R1.02. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.
Netcare First Half 2023 Earnings: EPS: R0.46 (vs R0.31 in 1H 2022) Netcare (JSE:NTC) First Half 2023 Results. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years. The company's shares are down 6.5% from a week ago.
Investors in Netcare (JSE:NTC) have unfortunately lost 36% over the last five years Netcare Limited (JSE:NTC) share price up 13% in a single quarter. But over the last half decade, the stock has not performed well. Share price decline of 12% per year isn't as bad as the EPS decline. The relatively muted share price reaction might be because the market expects the business to turn around.
NTC workers demand payment of wages Workers of National Textile Corporation (NTC) mills staged a protest in front of six textile mills in the State and cooked porridge as part of the protest. The workers demanded payment of wages that has been stopped for the last five-six months.
The Returns On Capital At Netcare (JSE:NTC) Don't Inspire Confidence Netcare's (JSE:NTC) return on capital employed (ROCE) is 11%. In absolute terms, that's a pretty standard return but compared to the Healthcare industry average it falls behind. In terms of Netcare's historical ROCE, the trend doesn't inspire confidence. With underlying trends that aren't great in these areas, we'd consider looking elsewhere.
Workers of National Textile Corporation mills in T.N., closed for nearly three years, to stage protests for wages Workers of the National Textile Corporation (NTC) mills in the State will stage protests on April 20. Trade union leaders T.S. Rajamani and M. Arumugam said workers of the seven mills have been receiving only 50% of their wages since May 2020.
Trade union demands payment of wage arrears to NTC workers The Coimbatore and Periyar District Dravida Textile Mill Workers’ Union has demanded payment of wage arrears to workers of National Textile Corporation (NTC) mills. The NTC mills were closed when the pandemic spread in 2020.
Trade union demands payment of wage arrears to NTC workers The Coimbatore and Periyar District Dravida Textile Mill Workers’ Union has demanded payment of wage arrears to workers of National Textile Corporation (NTC) mills.
Kraus And Crew Bring Okawville State Title Okawville Rockets capped one of the more impressive seasons in Class 1A in recent years. NTC Senior All-Stars Selected for Central Illinois All-Star Game.
Cost of new NHS Scotland national treatment centre soars The estimated cost of a new surgery centre to tackle Scotland's NHS waiting list backlog has more than doubled. The National Treatment Centre (NTC) in Glasgow will tackle the problem.
Uncertainty continues over operation of NTC mills Uncertainty continues over operation of National Textile Corporation (NTC) mills in the State. Union Budget presented by Finance Minister Nirmala Sitharaman on Wednesday proposes allocation of ₹220 crore as “support to PSUs”
Uncertainty continues over operation of NTC mills Uncertainty continues over operation of National Textile Corporation (NTC) mills in Tamil Nadu. Union Budget presented by Finance Minister Nirmala Sitharaman proposes allocation of ₹220 crore as “support to PSUs’
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