the banks dont have any debt either. all debt is held OBS, as u know..financial services sector i am comparing with..not apples v oranges...all financial services companies have no debt...all debt off balance sheet.MPL's gross profit is only 2.4% per annum..u only care about the stag.i care about the long term earnings growth and whether its expensive or not
even if claims mngmt results in $40m benefit to npat, it could take many years to get there. BUPA has been private for a long time. its very slow growth by the looks because its growth entirely due to cost cutting, not top line growth.... their main expense i.e. hospitals, they wouldn't be able to cut...
- Forums
- IPOs
- Medibank Prospectus Details
Medibank Prospectus Details, page-76
-
- There are more pages in this discussion • 165 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online