Definitely watch this one for recommencement of trading very...

Definitely watch this one for recommencement of trading very soon....hopefully in the next week or so.

Amid turmoil in the global funny money market this one stands out as a potential high growth stock. Healthcare is a defensive sector especially considering the aging of the population.

PHGs competitors Healthscope and Ramsey are coming up against ACCC competition restrictions in Oz and are looking overseas for acquisitions. Leaves a vacuum for PHG to fill in the short term by making multiple acquisitions of hospitals and using these to achieve high organic growth in the newly puchased Care-on-Call nursing agency.

Management is of a high calibre and have been there and done that.

Requotation of stock has been delayed for a few weeks but apparently this is due to a hold-up on the part of NSW Health Department in finally giving the transfer of ownership a tick. This should be a formality but HSWHD is under-resourced.