dying to buy this stock, page-6

Aged care has been said to be the growth area of the next decade or so as all the baby boomers move into retirement, age, nursing homes and the like. Hence the prospects of DCA Group, FKP, Village Life ...

IVC is essentially a play on the same thing - people getting older - although I guess there's some delay in moving from the nursing home to the grave.

I think, based on yield and PE, IVC is reasonable value now, and will only increase in the long-term. Hence my "bottom drawer" thing. I don't really trade that much hence most of my stock are held for more than a few months.

MJS