23/11/2023 09:09

NIB Holdings Ltd (NHF) $7.47

NHF has struggled through 2023, with the stock down -3.6% year-to-date. At this month's AGM, their overall volume and topline momentum were generally upbeat, but no details were provided on claims costs and margin performance, and as we know, markets hate uncertainty, tending to assume the worst when information is not forthcoming

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21/09/2023 09:40

NIB Holdings Ltd (NHF) $7.67

NHF is the 4th largest private health business in Australia covering both residents and also international students and workers – a larger population equals more potential customers. Revenues and margins declined during COVID, both are now rebounding rapidly, and we see upside risk to consensus if the company can achieve a full normalisation of volumes and margins.

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20/06/2023 09:26

NIB Holdings (NHF) $8.80

NIB has rallied to fresh all-time highs this month with the sharp sell-off following its disappointing earnings report in Q1 a distant memory. The stock has been strongly re-rated on the upside over recent months due to the positive combination of strong migration trends and low claims. The stock isn’t cheap trading on an Est. 21.6x valuation for FY23 but history tells us that buying stocks with strong momentum often makes sense.

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30/05/2023 09:14

NIB Holdings Ltd (NHF) $8.46

NHF rallied +2.9% on Monday posting fresh all-time highs in the process, February’s sharp sell-off following its disappointing earnings report has become a distant memory i.e. a ¬5% miss due to soft margins.

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21/02/2023 09:25

Commonwealth Bank (CBA) v NIB Holdings (NHF)

CBA has dragged the Banking Sector lower this month after disappointing the market last week, similarly, NHF was clobbered -11.6% yesterday following its earnings report, testing below last year’s $150m equity raise price in the process.

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14/10/2022 08:35

NIB Holdings Ltd (NHF) $6.61

NIB Holdings (NHF) fell -11.98% yesterday following a $150m equity raise at $6.90, the stock closed ~4% below the placement price which wouldn’t cheer the fund managers who often enjoy easy pickings from capital raisings. The raise is to fund acquisitions with the first company on the menu being Maple Plan as the health insurer looks to enter into Australia’s National Disability Insurance Scheme Sector.

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17/03/2022 09:07

NIB Holdings Ltd (NHF) $6.75

Health insurer NHF was the standout in the Sector yesterday rallying +2.3% to test Februarys high and technically the stock looks solid while it can hold above $6.40. Last month the company reported revenue up over 8% for the first half of FY22, NPAT up over 24% to $81.2mn and a 11c dividend putting the stock on a 4% fully franked yield, all feels ok under the hood and the stock looks good value after correcting 24%.

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03/09/2021 09:30

NIB Holdings (NHF) v Medibank Private (MPL)

When we compare MPL and NHF the core takeout is that NHF probably fell sharply because it simply got ahead of itself from an optimism perspective, both stocks are again moving back in line with the last 5-years.

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03/09/2021 09:29

NIB Holdings (NHF) $6.59

NHF disappointed investors last month after missing profit expectations by ~5% although the downside 20% rerating of the stock was largely because of the very conservative rhetoric towards next year citing last year as abnormally good given the pandemic tailwinds – interestingly if this is to be believed then MPL is trading too rich, or perhaps...

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25/08/2021 09:25

NIB Holdings (NHF) $6.59

NHF fell 11% after missing profit expectations on Monday, the selling was unrelenting yesterday with another -7.2% wiped off the stock making its correction already -18.8% from last week’s high. As we’ve been alluding to through today’s report when they miss they often “really miss” and its not the time to be catching the proverbial falling knife, equities...

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