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$47.03 ramsay health care limited

I wasn't specifically aiming my comment at you, just a general...

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Todd Gunn

115 Posts.

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28/06/18

22:48

Post #: 34024182
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Originally posted by andy777 ↑

It was not my intent to appear emotive in the defence of Ramsay and as a short term, short proposition, it may well turn out to be the correct call. Rather, my intent was to underline the lack of supporting data for Part 3. For example here is some empirical evidence supporting the growth in hospital admissions:

Between 2011–12 and 2015–16, the number of separations rose by 3.5% on average each year—by 3.3% for public hospitals, and by 3.7% for private hospitals.

Reference:
https://www.aihw.gov.au/reports/hospitals/ahs-2015-16-admitted-patient-care/contents/summary

My point was that hospital admissions (separations) in Australia are likely to keep growing in the 3-4% p.a. region for the next few decades. Some studies suggest that it may be a little faster than this, but without doubt, all evidence is pointing to continued strong growth in hospital admissions. In Part 3 of the article, a reader had the sense that hospital admissions were likely to slow or even stop growing and this argument was not supported by any research.

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I wasn't specifically aiming my comment at you, just a general comment

RHC Price at posting: $53.78 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $47.03		Change 0.610(1.31%)		Mkt cap ! $10.80B

Open	High	Low	Value	Volume
$46.73	$47.12	$46.56	$18.21M	388.0K

Buyers (Bids)

No.	Vol.	Price($)
1	425	$46.91

Sellers (Offers)

Price($)	Vol.	No.
$47.03	562	3

View Market Depth

No.	Vol.	Price($)
1	425	46.910
1	1241	46.860
2	479	46.830
2	1241	46.820
1	42	46.800

Price($)	Vol.	No.
47.030	122	1
47.040	1241	1
47.060	479	2
47.080	1241	1
47.100	47	1

Last trade - 16.10pm 04/07/2024 (20 minute delay)

RHC (ASX) Chart