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10-04-2019, 12:04 PM
#311
Originally Posted by winner69
Share price way back up ...maybe like the phoenix rising from the ashes
+ABA.jpg
"way back up"? Looks like a very short way to me ; I think the emphasis in your statement should be on the "maybe". Looks more like a flop than a Phoenix.
Anyway - still light years away from any confirmed trend change.
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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10-04-2019, 12:15 PM
#312
Just realised that analyst consensus dropped significantly since I last looked:
https://www.marketscreener.com/ABANO...85/financials/
Future revenue growth hardly keeping up with inflation and EPS predicted to be only in the upper 30 cents range. What is a no growth share with an average EPS of 38 cents worth? Remember - analysts are always over optimistic. A 3 handle might be here more appropriate than a 4 handle ...
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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10-04-2019, 03:41 PM
#313
Originally Posted by winner69
Share price way back up ...maybe like the phoenix rising from the ashes
A 2 yr chart tells it better.
Attachment 10462
Maybe more like a dead cat bounce.....their expansion by acquisition model is looking seriously flawed and while $4.00 maybe the bottom of the current cycle, any further bad news from this company could see further erosion.
I don't hold, and I wouldn't be rushing to buy ABA until there is much better news and the SP is on a more definite uptrend.GLH.
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30-04-2019, 04:33 PM
#314
Been one hot stock the last few days
So it was cheap as below 4 bucks
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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30-04-2019, 04:46 PM
#315
Originally Posted by winner69
Been one hot stock the last few days
So it was cheap as below 4 bucks
Maybe,but I have doubts.
Recently read an article on Smiles and the sector looks a disaster.
The leases on all their practice's should be test of character.
Leave it to you W69.
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27-06-2019, 03:46 PM
#316
Member
Share price really racing down now. Wish I'd sold my meagre holding when I thought about it a year ago!
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01-07-2019, 09:12 AM
#317
Member
https://www.nzx.com/announcements/336905
Trading update...Dividend shelved to 8cents from 20cents YOY...
The last paragraph is interesting...
Consolidation activity in the dental sector in Australia is ongoing. Abano has received various expressions of interest, which may offer strategic opportunities and value to shareholders. The Board will evaluate these and the company’s participation, as part of its ongoing review of strategy, asset mix and capital structure. There is no certainty that any expression of interest will lead to a proposal for shareholders to consider or to any transaction, either in respect of Abano itself or the company’s businesses....
One more shot by Healthcare partners???? at a reduced offer price?
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01-07-2019, 04:26 PM
#318
Is this a turn-a-round story ?
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01-07-2019, 04:35 PM
#319
Perhaps .
Maybe if they sold their complete Aussie business.
Selling bits will not achieve much.The NZ business is the better business,or more correctly, not as bad a business as the Aussie one.
I read between the lines some dentists are only working 2 or 3 days a week, and they need more/other dentists to use "the Chair" for the rest of the week.
Confirms to me dentists are over paid.
Last edited by percy; 01-07-2019 at 04:37 PM.
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01-07-2019, 05:05 PM
#320
Originally Posted by percy
Perhaps .
Maybe if they sold their complete Aussie business.
Selling bits will not achieve much.The NZ business is the better business,or more correctly, not as bad a business as the Aussie one.
I read between the lines some dentists are only working 2 or 3 days a week, and they need more/other dentists to use "the Chair" for the rest of the week.
Confirms to me dentists are over paid.
Does not surprise my, pulling a tooth @ $380 a time , 15 minutes work !!!!
Last edited by whatsup; 25-09-2019 at 01:54 PM.
Reason: spelling
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