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From the Dealing Desk 06-10-17
6 October 2017 | Sharenet
 


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The private healthcare company [LHC] that mostly operates in the local market has been underperforming on the JSE Top 40 for 3 years and the company’s share price is down 24% for the year. This is mostly as the result of difficult trading environment in the local market as well as the rights issue in the beginning of the year. At the end of 2016, the company concluded the acquisition of Alliance Medical Group in a R9.0 billion deal. I believe healthcare is a good industry for the future as the global population is growing and more people are getting much older. Life Healthcare pays out a solid dividend of over 5% dividend yield.

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credit: Graph Provided by Sharenet Advanced Online Charts

Trade LHC From 0.3%

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daniel

Daniel Nel
Analyst and Securities Trader 

Daniel is a full-time analyst and securities trader, and is responsible for equities research across industries. Although he grew up in a small town in the Klein Karoo, Daniel has always been interested in both locally and internationally traded companies. Daniel has been actively investing and trading on the JSE and other global exchanges since starting his Bcom Investments Degree at the University of Stellenbosch, which he completed in 2014. During his studies, Daniel worked as an intern at Kruger International in Johannesburg in 2015, gaining valuable experience from Hein and Mia Kruger. He is currently a CFA candidate.


Disclaimer:
The information contained in this article is for informational purposes only and must not be regarded as a prospectus for any security, financial product or transaction. It is neither to be construed as financial advice nor to be regarded as a definitive analysis of any financial issue. Investors should consider this research/article as only a single factor in making their investment decision. We recommend you consult a financial planner/advisor to take into account your particular investment objectives, financial situation and individual needs.

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