My investment theme is to invest in growth companies that have...

My investment theme is to invest in growth companies that have been adversely affected by Covid. IDX is my top pick. As we emerge from the Covid pandemic the patient numbers and growth will inevitably return to IDX. As far as I can see IDX is the best managed diagnostic imaging company in Australia with the best profit margin.

I accept there maybe Covid 19 variations in coming months but, if so, the Australian public are now well protected by vaccines and antiviral treatments. I look forward to the time this virus goes the way of the Spanish flu and Polio.

As Michiba pointed out the issues that caused the profit drop are temporary with the possible exception of some costs. These costs will be mostly covered by some increased fees, so the return to prior profit levels will happen and be exceeded by organic growth and growth from acquisitions.

Sure the share price may dip a bit in due to the negative effects of rising interest rate but in my view this share is one to buy and hold for a long time.