RHC 0.09% $46.54 ramsay health care limited

The product RHC sells to the public is becoming more...

  1. 55 Posts.
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    The product RHC sells to the public is becoming more unaffordable as each year passes. I lived in the UK for 34yrs and private medical is only affordable for the middle class and upwards. The overwhelming majority of people use the NHS. Australia is sadly heading the same way.
    The products that CSL produces are available to the masses. A flu jab from a doctor is approximately $28. I myself get one free through my employer as I should imagine many people do.
    As far as I know RHC is a very well run business. It's management is likely to be as competant as the people at CSL and COH, however it's product is now unaffordable for the majority. Perhaps in time RHC will become a high yeild stock as it's dividend has been increasing steadily over the years. As an investment the best years for this stock are probably behind it, despite the tailwinds of an ageing population. No matter how old or sick you are, you can't have what you can't afford.
 
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