SYB symbion health limited

may any one have any views, page-18

  1. 617 Posts.
    re: may-bounce I Think a recovery has started.
    Mayne moved 29c last week.
    2.87-3.16 10.10%.
    An important gauge having moved
    10% of low.

    I think next week will be Interesting if
    Mayne can break 3.25.

    the stock last week found a fair bit of buying support.
    Maynes has helped alot, but there
    seems like insto support as on one of
    the days i Think thursday. 7 odd million
    traded, mayne only took 500k of them.

    with mayne buying back 9% and alot
    at levels not anticipated at prices
    Ie Sub $3. This will be a extra bonus for
    Mayne in Earnings Per shares.

    Definately one for long term.
    As has been sold of so much, that it's
    come back to below book value with a good
    div yield of above 4% and 10% debt/eq
    ratio.

    Rgds,mode



 
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