CAJ 0.00% 24.0¢ capitol health limited

Dividend paying / essential business - SP stuck in a rut. Why?

  1. 3,542 Posts.
    lightbulb Created with Sketch. 324
    With lockdowns behind us, CAJ continues to go about it's business profitably and consistently pays a 3.5% dividend. (with franking credits this puts return around 4.3% not entirely shabby even with interest rates on the rise)

    They've got a half decent footprint across four states now, with the majority concentration in and around Melbourne, and I don't sense any hangover with synergy issues.

    Whilst I'm not enamoured with several of the Board members personally, the CEO is proven and a worker imo and there's some incentivised talent there too. Middle management is essential in a business like this and for mine they seem to be doing a solid job.

    I've pretty much discounted Enlitic for now in terms of value-adding to SP, by association or return, although our clinics appear to have the latest tech and up to the minute training.... so,

    What is the catalyst that will get this company moving in the eyes of the market? All thoughts welcome.


 
watchlist Created with Sketch. Add CAJ (ASX) to my watchlist
(20min delay)
Last
24.0¢
Change
0.000(0.00%)
Mkt cap ! $255.8M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
6 203344 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
24.5¢ 120200 3
View Market Depth
Last trade - 10.33am 03/05/2024 (20 minute delay) ?
CAJ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.