PME 2.66% $227.64 pro medicus limited

BTW results out Aug 19. No surprises expected, should be...

  1. 295 Posts.
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    BTW results out Aug 19.
    No surprises expected, should be marginally under last half which included a capital payment from German contract. Growth been very incremental but definitely on a rising trajectory as more contracts kick in.
    The key is that their technology advantage enables them to charge twice as much as competitors.
    Even so they have landed 8 of last 9 mandates they have addressed. Their penetration of US radiology is about 1%.
    I expect revenue and dividends to ramp in 12-18 months.
    Seems the general market is becoming aware of the potential. Still only a $600m mcap and available shares approx 30m.
    High margins, no debt, free cash flow with massive growth potential and founders own 60%
    Those saying they don't think there's value here are not basing it on anything but recent price action.
    Someone shelled out well over $1m today buying 195k shares in 2 lots. Interesting.
    Course it may pull back, but I'm comfortable it will be higher by Xmas. Assuming no GFC repetition.
 
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Last
$227.64
Change
5.890(2.66%)
Mkt cap ! $17.90B
Open High Low Value Volume
$225.00 $229.57 $223.37 $80.03M 351.6K

Buyers (Bids)

No. Vol. Price($)
1 4 $227.60
 

Sellers (Offers)

Price($) Vol. No.
$227.72 3210 3
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
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