RHC 1.04% $47.49 ramsay health care limited

do the forward sums, page-14

  1. 619 Posts.
    this is in a massive bubble at the moment.
    p/e ratio is too ahead of the market
    no company can grow 20% per annum with ease
    their yield is too low and their free cash flow multiple is too high compared to the blue chips
    growth rates are from a very low base- impossible to extrapolate off a higher base
    their ability to acquire will be compromised by rising asset price valuations esp for hospitals.

 
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