SHL - Sonic Healthcare

[motorway]

You can make any P&F work

yes that software has limitations..

To have an effect
You need a sufficient cause..

the work in an active trading range
builds a special cause....A number of factors are at work..

Fundamentals unfolding becoming known to some one lead to
a technical position forming ( numerous factors at play )

weaker hands being replaced by stronger hands
( What produces markup )

identify

preliminary support ( first signs of demand absorbing supply )
last point of support ( accumulation completed )


You are not far off..

It is not time that moves the P&F sideways

All trading ranges are equal in time
but different in terms of congestion on P&F charts

If time does not do the work of making the chart move
What does ?

Supply and demand taking it in turns
is the only thing moving the chart

some pointers

the ultimate cause is earning power
But paradoxically the first evidence of what real earning power will be
is seen in the work of the P&F chart

which since it is not time
Must be something else..

The implication
is both a guide and performance measure

the chart moving sideways carries with it implication
A cause.. which until realized is only a potential..

How can a P&F chart possibly move sideways

active buying and selling
the one that gives out indicates
that the other was smart...

motorway

 

[Lachlan6]

SHL is looking great at the moment from a technical perspective. The break out to new highs signals the end of a two year accumulation pattern with a high probability initial target of $20.40. A very solid company fundamentally as well, I see much more upside in SHL.

 

[Pager]

Its a good stock to hold, the current share placement to share holders is a no brainer, will be taking mine up in full for another 350 shares at $14-20 its effectivly worth $1000 more than that based on the current price for that parcel of shares

Also noticed its been upgraded by many brokers with targets over $20 a share.

Only downside for me is i bought only 50% of the parcel i was looking for and still havnt picked up the other half, the placement will help but think i may well have missed the boat, only upside is i bought at basicly this years lows.

 

[Bluebeard]

Im currently investigating health sector stocks, with Sonic Healthcare and Primary Health Care (PRY) being the two companys that I am looking at at the moment, I havent invested in the past in this sector, Ive been looking at the differences of the companys involved, if anyone has been a regular investor in this sector some clarity of information would be much appreciated.

 

[oldblue]

Hi Bluebeard.

If you're interested in health-related stocks you might care to have a look at Cellestis - CST.
A spin off many years ago from CSIRO they have developed a blood test for tuberculosis which is gradually gaining acceptance and taking over from the old skin test for the disease. Many advantages, too numerous to list here but good info on the website and in company announcements.
CST in the happy position of being profitable, growing cash balance, has no debt and sales have grown rapidly the last couple of years as acceptance of the various versions of their product increases. Havn't been profitable long enough to pay a dividend yet but this looks likely in next year or so as tax beomes payable.

Disc: I hold a few.

 

[Junior]

Increase in revenue, NPAT, div payout, EPS etc. and continued growth forecast for 2009...can anyone shed any light on why the SP is down 7%? Was the market expecting better results?

Potentially related to not securing the Auckland Pathology contract?

 

[gohawks]

Increase in revenue, NPAT, div payout, EPS etc. and continued growth forecast for 2009...can anyone shed any light on why the SP is down 7%? Was the market expecting better results?

Potentially related to not securing the Auckland Pathology contract?

No ideas here and down again today. I recently bought in so curious to hear other thoughts on the recent downturn against the market tide and after solid Half year reports as well!

 

[Junior]

Today's fall is explained by the stock going ex dividend. Paying 22 cents per share, 60% franked. I can't explain the rest plunge from $14. Maybe just playing catch up with the rest of the market.

 

[gohawks]

Today's fall is explained by the stock going ex dividend. Paying 22 cents per share, 60% franked. I can't explain the rest plunge from $14. Maybe just playing catch up with the rest of the market.

Excuse my ignorance but does that mean if i add to my current holdings today or tomorrow for example i wont receive any Dividend return on the shares purchased after the 5th for this current payout?

 

[nomore4s]

Excuse my ignorance but does that mean if i add to my current holdings today or tomorrow for example i wont receive any Dividend return on the shares purchased after the 5th for this current payout?

Yep certainly does, but seeing as the share price has dropped more than 22c you're actually in front

 

[Jikx]

There must be a reason! Certainly some sort of insider information is leaking out to the select few.. I'll make a punt and say that there will be some write down of assets.

Because it sure as hell isn't the earnings or cash flow.

 

[gfresh]

Further equity raising required? some overseas debt blown out? Expectation of a bad second-half? Major shareholder exiting? These are the only things I can think of at the moment. No doubt we'll find out well after the fact.

I was a firm believer in this stock being fairly stable over the large ups and downs of the last few months, but when it plunged in such a short period of time I wasn't too happy. Common sense said something negative must be happening behind the scenes, so got out

Falling 4.75% (presently) today is a lot more than the relatively small dividend!

A quick chart to illustrate current falls.

 

[marcadrian]

I went short SHL at $12.76 one week ago after it started to create new 30 day lows. Sorry guys, this one just continues to tank!

 

[Pager]

I think some of its contracts with the government for rebates and the like are up for renewal, obviously its not a good time for asking for an increase or maybe there are other players looking to get some of SHL,s business.

Does seem very strange the slide though, they were doing quite well and nothing so far from the company announcement wise

I just hope there is no bad news in the pipeline but if there is i just hope ASIC take a good look at trading in this company as it would stink of insider trading particualy if it turns out a few big players were getting out before anything is officially said as currently there is NOTHING.

 

[gfresh]

Although this is slightly old news now, update put out Friday, SHL loses $72M contract in Auckland to Healthscope. This will have some impact on future revenue, but does not fully explain the falls.

It looks more likely the explanation has been the shift out of the healthcare sector in the last 2 weeks (e.g. pull up charts of HSP, PRY, CSL), which is probably more likely to do with the slide in Sonic's share price.

 

[Mitsimonsta]

Sonic Healthcare (SHL) has announced the purchase of Hamburg-based Labor Lademannbogen, a laboratory business with 250 staff.

SHL has will pay €6.5 million ($11.6 million) cash upfront plus up to €4.5 million on a performance based earn-out 1 months after sale completion. Labor Lademannbogen is a €20 million per year revenue business.

The sale is conditional upon German competition regulator approval. SHL already owns Bioscientia, GLP Medical Group, Labor28 and the Schottdorf Group in Germany.

 

[gfresh]

Up a nice 8.59% on the back of today's profit results, and no wonder..

Revenue: $3014M - up 27%
NPAT: $315M - up 29% on last year
EPS: up 16% to 85.2cps

Pretty damn good for a recessionary environment. Healthcare always worth having in the portfolio somewhere, even if it's only a small percentage, often quite recession proof. Has outperformed (profit wise) most of the big names on the market this year.

 

[lukelee]

SHL - Sonic Healthcare Limited

ths sp droped 20% from $12 to $10 in 21st May 2010 because of the annoucement:

"Sonic Healthcare Limited (“Sonic”) (SHL.AX) advises that largely due to an unexpected and temporary impact on
Australian pathology revenues, the company is likely to fall short of its guidance for the 2010 financial year."

but the profile and balance sheet still looks good.
I think $10 is a good price to enter the market for long term invest. what do you guys think?

 

[So_Cynical]

Re: SHL - Sonic Healthcare Limited

ths sp droped 20% from $12 to $10 in 21st May 2010.

I think $10 is a good price to enter the market for long term invest. what do you guys think?

Actually hit a low of 9.53 before coming back a little..Sonic is also now trading at a lower SP than in Mar 09 so its now at a (approx) 6 year low.

lukelee you do know how to search for threads? as i reckon its annoying for the MODs to have to move threads https://www.aussiestockforums.com/forums/showthread.php?t=1913

 

[jjbinks]

shl has dipped a bit recently but looks like it has good prospectives. esp if its overseas earnings pick up in europe.