Ebos Limited EBO

[stoploss]

This has been a small % of my portfolio , have doubled up today so LAC I might have some of yours , "buy the highs "

[macduffy]

No need for a share split. Up 40c to $16.40 today!

[macduffy]

A headline in today's AFR - behind the paywall - caught my attention:

"Sigma eyes $2.5b hospital pharmacy market."

- Is anyone able to access this article?

- Is this a threat to EBO's Symbion business?

NZ market either is unaware or doesn't think so with the SP up 45c today.

[Poet]

A headline in today's AFR - behind the paywall - caught my attention:

"Sigma eyes $2.5b hospital pharmacy market."

- Is anyone able to access this article?

- Is this a threat to EBO's Symbion business?

NZ market either is unaware or doesn't think so with the SP up 45c today.

Here is a link from SMH to what s probably the same story
http://www.smh.com.au/business/sigma...22-gnp446.html

[macduffy]

Thanks, Poet.

From the article:

"That market is crying out for a competitor. It is dominated by Symbion."

Looks like Symbion/Ebos had better be on their game!

[RTM]

Thanks, Poet.

From the article:

"That market is crying out for a competitor. It is dominated by Symbion."

Looks like Symbion/Ebos had better be on their game!

Yes...they had better be. Hopefully the market is big enough for two companies to do well. Ebos is also diversified into other markets. From SIP's 2014 Annual Review re their Managing Director:
"From 2006 to 2008 he was the CFO and COO for the Pharmacy and Consumer business for Symbion Health Limited. Prior to that Me Hooper was CFO of Sigma from 2001 to 2006 ". So he knows us well !

[voltage]

interested in adding another share to my portfolio, this share has done so well, is this share now to expensive

[RTM]

interested in adding another share to my portfolio, this share has done so well, is this share now to expensive

Time will tell .....
I bought at 905 and 845 in 2014. Sold recently at 13.53 as I thought they were getting expensive...wrong ! Bought back at 13.54 and am happy I did so. I've not bought POT, FPH and others because they seemed expensive and lowish dividend. Wrong again. Sometimes you need to pay a little more to get a quality (hopefully) stock.

Good luck
RTM

[percy]

Time will tell .....
I bought at 905 and 845 in 2014. Sold recently at 13.53 as I thought they were getting expensive...wrong ! Bought back at 13.54 and am happy I did so. I've not bought POT, FPH and others because they seemed expensive and lowish dividend. Wrong again. Sometimes you need to pay a little more to get a quality (hopefully) stock.

Good luck
RTM

Great timing.
Great you brought back in to enjoy the excitement.
A great finish yesterday $17.36,and that's ex divie.

[macduffy]

EBO's been a great investment for us for a long time, percy but a rise of nearly 30% in less than two months makes me nervous!

Yes, the NZX is on a roll, largely as a result of lower interest rates and "experts" starting to discover and talk about the merits of equities and dividends for income. But EBO isn't exactly an income stock so either it's being caught up in the general mood or there's some other reason. Any ideas - or is it just that EBO is a great stock?