I believe the company will be ok in the short term. However there is a high change we will see some structural changes in the world of diagnostic imaging services. The review of the funding from gov is simply inevitable. It might not happen this year but sooner or later it will come. CAJ will need to position itself so that it can ride out the storm. And it's a really tough task because 90% of their revenue is generated through X-Ray, Ultrasound, CT and MRIs.
Don't forget they made a bunch of acquisition in the past that carry lots of goodwill. Any sign of profit deterioration will result in possibly significant goodwill writedown.
Tread with caution.
Ann: 4-year senior unsecured notes-CAJ.AX, page-17
-
- There are more pages in this discussion • 98 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CAJ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.8¢ |
Change
0.008(2.59%) |
Mkt cap ! $314.4M | |||
| Open | High | Low | Value | Volume |
| 29.8¢ | 29.8¢ | 29.5¢ | $68.39K | 230.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 304962 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 202031 | 8 |
View Market Depth
| Last trade - 13.02pm 08/08/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |