It's interesting to hear his comments. I think he's right NHL have lost credibility for sure, however their revenues are on track and there is no way they could have seen the list of problems coming.
It would be different if the revenue was lower then projected, because that would indicate poor financial advise. I don't suppose Rene could do any thing but bag the company after telling his followers to sell !
Keep in mind Nova were projecting a 3.4 million net profit "after" amortisation of goodwill for the original 9 hospitals. Now full year profit with the extra 4 hospitals included will be around 1.4 to 2.2 million net after amortisation of goodwill. So they do have a lot of work in front of them. I still see very positive returns in the future, and I think it's fair to say the entire health sector has been taking a hit of late.
I'm reasonably sure greg Farmer knows more about the company's prospects then Rene does !!
