Healthscope is a niche private hospital operator, with approximately 1500 beds and is ranked the third-largest private provider in Australia.
POINTS OF INTEREST:
1. Six analysts give this a Buy rating.
2. Two directors recently bought over $170,000 worth of shares.
3. AMP have just increased their stake in this company with an additional $7M investment
Healthscope is a niche private hospital operator, with approximately 1500 beds and is ranked the third-largest private provider in Australia. It owns/manages psychiatric, medical/surgical and rehabilitation hospitals. POINTS OF INTEREST: AMP has just increased its stake by over 2.5 Million shares; 2 directors have just purchased over $170,000 shares personally; there has been a sharp decline in share price. HealthScope Ltd (HSP) What the analysts say… Number of analysts with a recommendation: 6 The average recommendation by these analysts BUY What does it do? Healthscope is a niche private hospital operator Future Earnings Per Shares Estimates * P/E Ratio 16 2003 17c Div Yield 3.2% 2004 21c Franking 100% 2005 25c 2002 Profit $ 10 M *Earnings estimates and broker recommendations supplied by Thomson Financial Comments: Current Price: $2.23 ..............
The chart appears to have a failed double top ,broken its long term uptrend on 22/08 at $2.50 in what appears to be a stage 4 downtrend although 2.10 would need to be broken to confirm this.Todays activity in a bouyant market is giving blip away. It might just be oversold as stochastics are also low. Sheesh
Anyway 6 analysts cant be wrong ?
HSP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held