I've started building a stake in LHC the fundamentals are very strong. Once management proves themselves after earnings and guidance announcements in July/August and with a yield of ~6% and forward PE of ~11 for FY15 these prices won't last. Similar sort of businesses with defensive earnings, good yields and strong growth prospects are trading at PEs of 20-25+ in this current market(RHC, RMD, JHC, SHL, BKL etc). The lack of chat on HC is always a factor as well.
LHC Price at posting:
$2.33 Sentiment: Buy Disclosure: Held
