No worries.
Re: Sonic, yes it’s is a bigger big dog ... but Sonic is more a pathology company growing at healthy 6-8%. Last year’s growth was higher but that was due to favourable currency movements. Their radiology business represents only ~7% of their revenue. Still bigger than IDX, but gap in radiology is narrowing.
On the other hand, IDX is a pure play radiology business and is growing at much higher rates (2-3 times SHL rates) and has a much higher ROE too (about double SHL’s).
Hence, I bought IDX a few months back and have enjoyed the ride. Nothing against SHL tho, it just seems like a more mature business. Valuations looking stretched on many metrics across the whole ASX (IDX and SHL included) ... so ... I’ll be watching reporting season very carefully.
Cheers
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Last
$2.50 |
Change
-0.015(0.60%) |
Mkt cap ! $587.2M |
Open | High | Low | Value | Volume |
$2.53 | $2.53 | $2.49 | $32.14K | 12.85K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1199 | $2.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.50 | 7001 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1497 | 2.490 |
12 | 11040 | 2.480 |
8 | 7696 | 2.470 |
12 | 14458 | 2.460 |
10 | 61049 | 2.450 |
Price($) | Vol. | No. |
---|---|---|
2.500 | 5819 | 24 |
2.510 | 9287 | 25 |
2.520 | 13230 | 18 |
2.530 | 97581 | 20 |
2.540 | 4546 | 11 |
Last trade - 10.38am 15/07/2024 (20 minute delay) ? |
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