yep it was a blip and market /fundies rates the established peers very highly. i think if trend holds its a break even for us once february result is out. if thats true, its an excellent hold isnt it considering down -25% at one stage.
also here is another important method of valuation- div yield. valuation should incorporate some of this
ehe,jhc look even more beaten down on a yield basis. their yield is 200% higher than the average here. So i'd argue a mid 20's p/e isnt out of the question as yield is a lot higher. This will bring the yield closer to the ave. I'd argue aged care is a better growth industry relative to RMD /COH/CSL(all three vulnerable to competitors), so being close to ave isnt out of the question.
Once earnings proven, yields proven, and further acquisitions could close the gap to these targets.
