Yes very much short-term factors. As Christopher Rex said, the baby boomers have only just begun to hit that 60-70 y/o window of higher healthcare needs. That and for companies like RHC, HSO and SHL the market is discounting their overseas earnings and the lower AUD dwarfing any negative short-term momentum in local earnings. COH just reported revenue was up 32%, or 16% on a constant currency basis. So watch the currency effect on the top-line when these other healthcare companies with overseas earnings report. Potentially some short-covering may occur. Domestically focussed companies like PRY, IDX and CAJ (already reported) on the other hand may have further to fall.
Yes very much short-term factors. As Christopher Rex said, the...
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Last
$47.49 |
Change
0.490(1.04%) |
Mkt cap ! $10.91B | |||
| Open | High | Low | Value | Volume |
| $47.00 | $47.68 | $47.00 | $17.53M | 369.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 244 | $47.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $47.50 | 100 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RHC (ASX) Chart |