The best medical management company in the world...... are you serious? What is your vested interest in talking this company up?
These are first lot of figures since multiple acquisitions....ask yourself what would figures look like without these acquisitions?
So 1300 smiles has held off investing for several years because their were no prudent acquisitions available ......was it pure chance that once the profit started dropping (this time with no cobs excuse) that suddenly this raft of opportunities came by that were prudent acquisitions?
Or could it be that the really money spinner here is selling shares and given that profit had turned acquisitions must be made at any cost?
There is no profit growth the profit growth you are seeing will show up as a liability on the balance sheet....sorry to be repetitive but there are none so blind as they that will not see!
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