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General Category => Shares => Topic started by: Johan on May 08, 2014, 04:05:15 pm

Title: Medical shares, what would you buy?
Post by: Johan on May 08, 2014, 04:05:15 pm

Long timeframe, 10 years+. I'm anticipating South Africa's wealthy to live a long time and have the means and need to start spending on medical. Drugs and Hospitals are always going to be needed, but who would you back with your green?

Title: Re: Medical shares, what would you buy?
Post by: jaDEB on May 08, 2014, 04:51:01 pm

Aspen - would be my choice

Title: Re: Medical shares, what would you buy?
Post by: Nivek on May 09, 2014, 09:44:28 am

Aspen is a great company, but would you buy at a p/e of 33?

LHC has also had a good couple of years.

Title: Re: Medical shares, what would you buy?
Post by: Johan on May 09, 2014, 10:31:20 am

Ya I've been watching aspen. I might go that route, it's expensive today, but because I have a long timeframe it might make a good bet.

Title: Re: Medical shares, what would you buy?
Post by: jaDEB on May 09, 2014, 11:22:12 am

Quote from: Nivek on May 09, 2014, 09:44:28 am

Aspen is a great company, but would you buy at a p/e of 33?

LHC has also had a good couple of years.

Agree the p/e does look abit high.... but will still keep it on my radar

Title: Re: Medical shares, what would you buy?
Post by: Patrick on May 09, 2014, 07:08:10 pm

Another vote for aspen. I think they're expensive for good reason...

Title: Re: Medical shares, what would you buy?
Post by: Patrick on May 10, 2014, 03:04:29 pm

I just noticed Russell is on top of the leaderboard just holding discovery. Maybe that's an option?