HSP - Healthscope Limited

[Sean K]

Although Ducati's doom and gloom analysis is concerning, the market doesn't seem to be taking it into consideration at the moment. Traded at $5.70 this am, but has been pushed down by a whole bunch of crappy trades, which I think are mums and dads selling their dividends perhaps. Just weird. I mean a whole bunch of trades between 22 - 300 shares

Trading in this company is bamboozaling me.

On the market depth there's a whole bunch of asks around 100-5000 and then, wham!, a buy order goes through for 81,989 shares at $5.70? About a half a mil? What the? Any ASX tech gurus who can explain this? Is this classed as an off market buy, buy an insto?

 

[ducati916]

Although Ducati's doom and gloom analysis is concerning, the market doesn't seem to be taking it into consideration at the moment. Traded at $5.70 this am, but has been pushed down by a whole bunch of crappy trades, which I think are mums and dads selling their dividends perhaps. Just weird. I mean a whole bunch of trades between 22 - 300 shares

It's a BULLMARKET, hell in the last US bullmarket eyeball views were an accepted financial metric for dotcoms that never earned a penny.

The business is [or should be healthcare] not buying and selling assets, that's a hedge fund. Unfortunately far too much of their income is predicated upon the purchase and sale of assets, that are carried as intangibles that are not amortized, that can be re-valued at managements whim, and destroy book value overnight............my kinda stock!

jog on
d998

 

[Sean K]

It's a BULLMARKET, hell in the last US bullmarket eyeball views were an accepted financial metric for dotcoms that never earned a penny.
jog on
d998

Yep agree. The dart board is winning most stock picking comps at the moment.

I'm still working on the 'not making any money' points you have raised.

I've asked my little bro about the stock and why his company have it in their 'model portfolio'. They have a 6.25% weighting on this out of 12 stocks in the portfolio. It's a top down portfolio so they have to pick something in healthcare (well, asset management according to you). He's the GM of Research, so I expect he knows something about it.

Meanwhile I'm still trying to make heads and tails of your epic. Thanks again.

 

[ducati916]

kennas

I've asked my little bro about the stock and why his company have it in their 'model portfolio'. They have a 6.25% weighting on this out of 12 stocks in the portfolio. It's a top down portfolio so they have to pick something in healthcare (well, asset management according to you). He's the GM of Research, so I expect he knows something about it.

Now that is interesting.
Of course, "Top down" is quite different from bottom up, but I will be fascinated in their [his] response. Please let me know the outcome of their deliberations!

jog on
d998

 

[Sultan of Swing]

I bailed out last Monday at 5.55. I could have made a bit more but that's hind sight. I'm happy to take a profit. As I said earlier, my limited understanding of the fundemantals didn't stack up anymore. Again in hindsight, they never did stack up but I didn't know that at the time.

 

[questionall_42]

I bought into HSP 1 year ago at 4.16 after the sp collapsed... patience has paid off. Closed today at 6.20.

The negative sentiment in this thread has surprised me. Given the recent sp rises and today's results, what do you believe the near future holds for HSP?

Any opinions welcome.

 

[Sean K]

Good question. The results look alright on the surface.

Ducati, any update? Where are the holes in the results here?

Cheers.

 

[Halba]

hi again kennas. it seems we both cover a variety of stocks. Results were OK good recovery stock, but notice it had a good run before the results. Seasonal decline in to next half to blame but health care sector is going good.

 

[freebird54]

Capital raising just announced cant find the small print as usual

Is this for existing shareholders only or have we time to buy?

 

[Out Too Soon]

I don't know what to make of a group called Porter Capital yet but they are recommending a buy on this. It also came up when I was screening stocks as a possibility
I note Kennas used to be interested in this one, you still there Kennas? I havent gleened much info yet but the chart looks OK. (last 6 mths )

(own 43 private hospitals + just checking their website now )

 

[oldblue]

I don't know much about TA but I wouldn't have thought that the SP falling below that red trend line was a good sign!

HSP's subsidiary Labtests is still copping a lot of flak over its Auckland contract and has recently had part of the contract terminated and handed back to the previous provider.

 

[Out Too Soon]

I don't know much about TA but I wouldn't have thought that the SP falling below that red trend line was a good sign!
----.

If the sp stayed below the red line yes, but now the doubters have been cleaned up, their stop losses triggered the sp has rebounded nicely.

Wish I'd jumped in at the bottom but I beleive there is still a nice profit to be made here, all depends on what happens when the SP meets that green SPAR line

 

[Melthar]

No trade sale, going to IPO.

July 28th on the Market, Indicative price of $1.76 - $2.29/share, TPG Carlyle to retain 25%-40%
Market Cap of $3.3-$3.8 Billion.

Seems like the website with offer details isn't loading as of yet.