CAJ capitol health limited

** NOTE: Always remember, although wise to read and consider...

  1. 1,047 Posts.
    ** NOTE: Always remember, although wise to read and consider various opinions etc, always DYOR.

    http://www.ibloomberg.net/capitol-health-acquisition-to-boost-margins-bell-potter-market-talk/

    Capitol Health Acquisition to Boost Margins: Bell Potter — Market Talk

    September 14, 2015

    Capitol Health (CAJ.AU), which provides X-ray and other diagnostic imaging services in Australia, has made a smart move with its recently announced acquisition of Sydney-based firm Liverpool Diagnostics, says Bell Potter analyst John Hester. The analyst reaffirmed his Buy recommendation and 12-month price target of A$0.98 (US$0.70) per share. He says the deal, which is expected to generate A$7.2 million in annual revenue, should be highly accretive to margins due to ample opportunities to rationalize costs in administration, IT, accounting and compliance. Capitol Health closed 3.3% higher at A$0.62 Monday.
 
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