Cevatt you saying 29 PE of 2015 earnings? Whats PE of expected 2016 earnings?
I think you are also missing take over in UAE by MediClinic which has just increased the value of private hospital companies.
If crash comes will be fantastic buying opportunity. A lot of large instos desperate to get large stakes in RHC, but cant.
The crash will not stop people needing hospitalisation. RHC will one of the safe bets.
Article: Defensive buying opportunites from falling dollar, page-93
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Last
$42.67 |
Change
-0.020(0.05%) |
Mkt cap ! $9.824B | |||
| Open | High | Low | Value | Volume |
| $42.58 | $42.92 | $42.53 | $11.49M | 269.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14 | $42.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.67 | 1763 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| RHC (ASX) Chart |