If only you’d invested in: NMC Health
The shares in NMC Health, the largest private healthcare provider in the UAE, have risen 800% since listing.
NMC Health (LSE: NMC) is the largest private healthcare provider in the United Arab Emirates, and employs more than 11,000 staff in 40 facilities across eight countries, including Brazil, Spain and Denmark.
It listed on the London Stock Exchange in 2012 and has pursued a policy of expansion by acquisition as well as organic growth. Revenue for 2016 rose by almost 40% to $1.2bn. Since listing, the share price has risen by more than 800%, and is up by more than 100% in the past year.
Be glad you didn't
Broadband provider Talk Talk Telecom (LSE: TALK) suffered a high-profile cyber attack in 2015 that resulted in thousands of customer details being exposed. It was fined £400,000 for the breach in October 2016, damaging its financial performance. Preliminary results for 2017 saw revenue fall by 3% to £1.7bn, with the company cutting its dividend and warning on 2018 earnings. The share price has fallen by almost 40% in the past year.
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Ben studied modern languages at London University's Queen Mary College. After dabbling unhappily in local government finance for a while, he went to work for The Scotsman newspaper in Edinburgh. The launch of the paper's website, scotsman.com, in the early years of the dotcom craze, saw Ben move online to manage the Business and Motors channels before becoming deputy editor with responsibility for all aspects of online production for The Scotsman, Scotland on Sunday and the Edinburgh Evening News websites, along with the papers' Edinburgh Festivals website.
Ben joined MoneyWeek as website editor in 2008, just as the Great Financial Crisis was brewing. He has written extensively for the website and magazine, with a particular emphasis on alternative finance and fintech, including blockchain and bitcoin.
As an early adopter of bitcoin, Ben bought when the price was under $200, but went on to spend it all on foolish fripperies.
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