VEI vision eye institute limited

I like the look of this stock on a number of fronts:1. Strong...

  1. 3,055 Posts.
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    I like the look of this stock on a number of fronts:

    1. Strong prospect for takeover
    2. Large reduction in debt and refinancing = materially lower interest costs
    3. Strong message for resumption of dividends in of FY.
    4. Health is a hot sector, and will be for some time.

    BUT it concerns me that between 2012FY and 2013FY, revenue actually fell. And there does not appear to be any story about organic growth in the latest announcements for the forthcoming FY.

    It is very easy to see how this years NPAT will be a great story, even for the first half report... but where is the business growth? Is it just acquisitions?

    Any assistance appreciated.

    Thanks
    Gosouth


 
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Currently unlisted public company.

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