RHC 0.26% $45.20 ramsay health care limited

RHC Chart Thread, page-3

  1. 3,005 Posts.
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    Actually I can not thank you enough for your highly detailed and thorough response.

    I said I would mention the reasons for my interest ...
    1. As a hosital patient and 2. As an investor and trader (ideally trading 25% of a holding)

    1. As a patient in intensive care at the turn of the current century, I am thankful for the skilled care and attention.
    I understand that the hospital in question was originally built by the Japanese as a luxury destination for overseas patients.
    A relative currently works there providing high standard care, now mostly for Australians, since the Japanese Yen weakened.
    Given the last rites by my pastor in 2008, I am surprised and happy to still be around

    2. My study of the fundamentals is limited to a realisation that the health system has a high recession proof demand.
    Especially from the wealthy elderly flocking to the Gold Coast with their Melbourne and Sydney property proceeds
    On the technical front I note the lengthy share price consolidation.
    I will be studying their assets outside Queensland.

    Living in a state that is importing the elderly makes this location an interesting study.
    I expect a managerial shakeup, and widespread reforms in the health system.
    Private facilities are being opened for public patients I believe.

    All in all an interesting setting for your Wave Analysis which I find most encouraging.

    My own simpler charts (not using Wave Skills) are in progress
    Thank you so much for your charts and commentary.

 
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Last
$45.20
Change
-0.120(0.26%)
Mkt cap ! $10.38B
Open High Low Value Volume
$44.50 $45.35 $43.90 $54.94M 1.223M

Buyers (Bids)

No. Vol. Price($)
1 2301 $44.99
 

Sellers (Offers)

Price($) Vol. No.
$45.20 11605 2
View Market Depth
Last trade - 16.10pm 05/08/2024 (20 minute delay) ?
RHC (ASX) Chart
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