AHG is currently trading on a forecast PE of 12.6 (as per most recent profit guidance) and a fully franked dividend yield of 6.8% (broker average per FNArena). It operates in markets which have favourable demographics (i.e. growing populations) which should ensure that the underlying business will grow over time (obviously with some ups and downs through the economic cycle).
Full year results are due on 24 August. Absent any further bad news, I intend to wait until the results are out and, if the share price is still at around these levels, add to my position.
AHG Price at posting:
$2.56 Sentiment: Buy Disclosure: Held