SYB symbion health limited

Jolly,What Mayne is doing is re-aligning there Business.IE...

  1. 617 Posts.
    Jolly,

    What Mayne is doing is re-aligning there Business.
    IE Logistics gone, Soap, Sunscreen.

    Those hospitals went cause they couldn't be expanded
    the way mayne wanted for one reason. It's in there
    announcment. Another probobly was there return was
    below the average of the other hospitals.

    Sure there going to have abnormal losses. But Who cares? It's Depends on there operating profit.....
    Those abnormals this year, will most likely benefit
    next year. Ie 10 hospitals gone that were loss making!
    Better use of capital asweel.
    Don't forget they have been buying pathology business
    that are bolt on Aquisitions that merge into there
    existing ones really easy.......

    Rgds,mode





 
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