Well crunched some rough numbers for past 10 years & in real terms current SP is approx. half of that in July 2014;
RHC 10 year performance!
July 2014
Sept.30th 2024
52.16
$64.38
Todays money
Sept.30th 2024
$41.085
Todays money
Today's SP =
$33.29
July 2014 money
In real terms = Approx. 50% decline over 10 years
Something must be missing when you consider:
1. Aging population in countries RHC operate 2. Growing proportion of well heeled Baby Boomers & them passing on wealth
Can RHC turn their ship around & tap into the well heeled needy of health & medical? Surely technology in the past 10 years has taken many costs out of the system?, also added many of which surely could be passed on to patients/insurers?
Why the margin squeeze?, is RHC adopting technology fast enough?
If I reflect on items 1 & 2. surely there's money to be made in Health care?
RHC Price at posting:
$41.04 Sentiment: Hold Disclosure: Held
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