Still declining . investors at 5.75 like me are well and truly gone. Lots of questions about the company's future. The only positive is the aged care theme is strong, but EHE's position seems a bit weak due to lack of earnings drivers, debt, govt regulation changes , RAD/bond fluctuations, and management changes. Its FY18 outlook looks uncertain and only FY17 will tell the picture. It would need stabilization of profits at the minimum over these two years, and then the SP may stabilise.
For example EHE only won 12 places in the last ACAR round. REG was 850 odd, and JHC about 320 odd. Absolutely pathetic performance in ACAR, even less than small private aged care firms.
it will need to turn this around next few rounds.
Still declining . investors at 5.75 like me are well and truly...
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