SA healthcare shares
#101
Posted 30 August 2019 - 01:52 PM
#102
Posted 30 August 2019 - 01:43 PM
#103
Posted 30 August 2019 - 01:34 PM
Found it was out last night...so they reckon pharmaceuticals will get 20 percent cheaper ? Based for aspen and adcock hey ...
High volume medicines specified in a liat called a formulary covering 80% of marlet will reduce more than 50%.....some expensive low volume probably 20%...
But investigation like pathology, genetic testing, radiology all going to reduce as well. Hospitals will be able to offer the services as well which means new business for hospitals. They will employ drs as well... Some nice changes coming through...
Netcare looking at buying radiology business cant confirm... Gossip... Big mistake... Buy at a premium based on todays prices and old technology and then deliver at reduced prices......
Looking out for news daily
Sent from my SM-G950F using Sharenet Sharechat mobile app
#105
Posted 30 August 2019 - 12:15 PM
#106
Posted 30 August 2019 - 12:01 PM
#107
Posted 30 August 2019 - 11:59 AM
Sent from my SM-G950F using Sharenet Sharechat mobile app
#108
Posted 29 August 2019 - 08:09 AM
Aspen faces a number of issues including: 1) The generics sector is under pressure from healthcare austerity, regulator pressure and competition. 2) Aspen's ‘acquire, improve, de-lever go again’ business model looks broke.3) Visibility on top-line, margin progression and hence earnings is limited and working capital remains a drain. 4) Leverage is too high (3.7x) and the market is concerned about the need for an equity issue. We think Aspen should cancel the dividend. 5) Newsflow has disappointed with a deal for Aspen’s European business seemingly falling away and no news on its US women’s health partner. 6) Accounting and disclosure remains an issue for some.7) Reputational damage from price gouging issues in Europe.
However, in our view the stock looks cheap and oversold. Management has clearly made errors in over-leveraging the balance sheet but they remain driven individuals with skin in the game. In our view barring the most bearish of scenarios we still think Aspen can trade itself out of its current problems. Results are due on Sept 12th and we would expect a trading statement a week or so ahead of results. We are looking for CNHEPS of R 14.1 (Bloomberg EPS 14) and whilst Aspen's recent track record doesn’t fill us with confidence that it will hit our numbers given the recent sell off, a lot of negatives appear to be in the price. Nonetheless whilst we think Aspen looks cheap and we think it will be able to trade its way out of trouble without an equity issue but we aren’t certain. We hence retain our Neutral recommendation as we would rather miss a bounce on results than get caught in a downward spiral.
#109
Posted 28 August 2019 - 05:29 PM
#110
Posted 28 August 2019 - 12:59 PM
Sent from my SM-G950F using Sharenet Sharechat mobile app
#111
Posted 28 August 2019 - 08:55 AM
Government is on track to promote health reform initiatives in both public and private sector.... Most people focussing in negatives of nhi... But even before we get the full transformation , we the public will certainly benefit from the incremental improvements in the private health market which for all of us is a grudge purchase with medical aid premiums always incaresing double digits to support a system which we desperately need. Imagine getting the same care but at a lower price...... It is definately doable..... Especially as just described with pharmaceuticals etc... Laboratory tests and alot more..
Sent from my SM-G950F using Sharenet Sharechat mobile app
#112
Posted 28 August 2019 - 07:59 AM
#113
Posted 28 August 2019 - 07:28 AM
The first shocking info is on price cuts on medication... Government medicines equivalent product upto 900% more expensive in private sector.... Price regulation will save all of us lots of money and prevent ongoing abuse.
Aspen shares have been taking a knock based on this probability... And expect the compnay is going to have alot more revenie challenges and probably also expect to off load more assets to cut debt... Expect share price to drop below r50 soon...
Sent from my SM-G950F using Sharenet Sharechat mobile app
#114
Posted 26 August 2019 - 12:54 PM
All the artciles have posed the nhi as doom amd gloom and not realistic...
I met a person over the weekend for a spring braai....he works closely with all stakeholders on health and from the obvious facts around the issues we have in both public and private health that requires fixing... This expert says lookout for a damning hmi report that is a political nail in private coffin and significant changes coming that will reault in lower costs for all of us being screwed by the private health market. Currently there is a hospital association conference where no position will be artic ulated to defend against hmi and nhi.
The second interesting point which none of the journalists have picked on is gems... Gems was always designed to be the nhi pilot...government has been able to manage the scheme and has learnings amd best practice from all ita partners.
The expert poaitions gems as phase one which is complete and will guide on expansion by capturing all related schemes including polmed, raf, coid. Etc...
Lookout market.... We are in for a merry ride...hopefully as consumers we benefit but from hospital stocks perspextives their valuations are going to be reviewed... Discovery is in for hard times.
Sent from my SM-G950F using Sharenet Sharechat mobile app
#115
Posted 23 August 2019 - 08:29 AM
They well positioned for low margin government contracts.
Recovery in health share prices expected for next two months and then another big dip next year jan to june...
Sent from my SM-G950F using Sharenet Sharechat mobile app
#116
Posted 23 August 2019 - 07:33 AM
#117
Posted 23 August 2019 - 06:55 AM
#118
Posted 22 August 2019 - 11:26 PM
Apn...allan gray bought 5 percent 2 days ago..
Thanks
#119
Posted 22 August 2019 - 07:38 PM
#120
Posted 22 August 2019 - 04:57 PM
Also tagged with one or more of these keywords: Life healthcare Netcare, mediclinic, aspen, advanced health, discovery health, alexandra forbes, momentum, dischem
ShareChat →
ShareChat →
Aspen - APNStarted by gamma , 17 Jun 2013 APN, aspen, pharmaceiticals and 1 more... |
|
|