REG 1.23% $6.56 regis healthcare limited

bottom shape & broker upgraded to Buy, TP=$5.82, page-11

  1. 478 Posts.
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    Thanks for sharing that article. My only concern with falling RAD's at this stage is whether this translates to falling demand for the company's facilities. This would put the company's strategy at risk.

    REG has no debt other than it's RAD's, so has scope to borrow to fund its expansion, particularly in the current low interest rate environment.

    EHE on the other hand already has $146m of debt. Most worryingly for me, is EHE carries $632m of goodwill on it's balance sheet as an asset, which makes me shudder which valuing the company.

    REG is the pick in this sector by a long shot. Today's weakness could prove to be a brilliant long term buy opportunity. Unfortunately, I'm fully loaded at $4.90.
 
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$6.56
Change
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No. Vol. Price($)
1 2105 $6.56
 

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Price($) Vol. No.
$6.59 214 2
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