ARX 1.92% 53.0¢ aroa biosurgery limited

Come on finish $5 plus, page-65

  1. 359 Posts.
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    100,000 in pocket now.
    more to be filled.
    i intend to lift my holding to 150,000 max.

    feel more comfortable when a company has zero debt. Fed hike won't affect profitability and cash flow.

    US elective surgery might face short term delay as recent drop demonstrates but research shows US hospitals are incredibly resilient (refer to Stanford University Research) in 2020 and 2021. the # of surgery bounced back quickly. Majority of hospital revenue is from elective surgery so hospitals are motivated.

    Omicron is fading quickly in South Africa, leading indicator to look at.

    what has to be done will be done, when this wave of Covid eases the pent-up demand for surgery could be met with the new production capacity. I reckon that may be a good timing.

    again, be patient.
    if not, sell it now, pls.
 
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