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! |
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| July 2014 | Sept.30th 2024 | |
| 52.16 | $64.38 | Todays money |
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| Sept.30th 2024 | $41.085 | Todays money |
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| Today's SP = | $33.29 | July 2014 money |
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| 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?
(20min delay)