red = 25dma
green = 50 dma
black = 200 dma
The Telegraph says the banks like Southern Cross Healthcare, and so it seems to have an almost endless supply of new capital. It recently secured �300m to fund acquisition plans. It also develops its own sites and hopes to add 1,000 beds this year. A good operator with a proven model, Southern Cross is well worth buying.
annual reports etc available from www.schealthcare.co.uk
have just bought for myself at 355