SHL 0.92% $26.91 sonic healthcare limited

Ann: CEO Presentation Half Year Results to 31 December 2019, page-4

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  1. 4,891 Posts.
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    I like this stock but it's had a very good run. $15B is a pretty hefty market capitalisation for those earnings and relatively modest underlying growth.

    Government budgets are going to tighten and margins must be vulnerable on a 24 month horizon. I thought it was getting stretched at $26 and got out too early but at anything over $30 I think the rubber band has to come back at some point. I believe today's result might be the catalyst.
 
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