Sold my holding in Ramsay this week. Surely at PE of circa 20 times the SP can only go south? , even with the growth forecast ? On the forecast numbers given by most analyst they will still be on a high PE of 12 times in 4 years and that assmes they will be successful in executing their overseas expansion strategy while continuing to grow the business here in Australia ? Overseas expansion is always dangerous and often dissapoints ?
imo there is more risk to the downside on this one and better opportunities elsewhere ? Cant hold for the dividend either as that is less than 3%.
Thoughts ?
Sold my holding in Ramsay this week. Surely at PE of circa 20...
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Last
$33.55 |
Change
-0.190(0.56%) |
Mkt cap ! $7.744B | |||
| Open | High | Low | Value | Volume |
| $33.75 | $33.86 | $33.50 | $10.81M | 321.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3218 | $33.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.69 | 617 | 4 |
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| Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
| RHC (ASX) Chart |