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

not as dopy as first appeared ..... Telegraph today re Qatar buying into Sainsbury mentioned en passant that Qatari govnt fund Delta Three "hit the headlines last year when it bought UK nursing-home operator Four Seasons Healthcare for 1.4 billion" ..... would be nice if they also thought SCHE made a complementary fit

well its doing better than Gold !! looks good, I did sell my GTL @180 so I do have some funds to spend !! How long have you been in if you dont mind me asking Cynic

22nd Jan ...... by Gold do you mean bullion? ...... if so, am keeping my eye on this ..... frightening day yesterday if you were long .... dumped about $12.00 in 10 minutes ..... from memory, price could easily drop to $645 .... or was it $625? ..... anyway, a fair bit down from here.

for gold exposure, i find POG a good share to trade .... very good company etc etc etc (read about it if you want) ..... sp is very volatile .... take a look a the thread .... i think i put a chart on there

Thanks just been having a look

very cross with hindsight as took my profits here yesterday, but as you can see, even in these awful markets, this share is performing very strongly indeed.

in fact, have just checked the trades and it is a sea of blue with only 13k sales against 172k buys

told you so! .... see latest RNS

well done, mate! looks like you're up a per share :o)

ni I'm not! ..... see post 9 - took my profits prematurely, but may well buy back in on the next big sell off - i.e. when US starts getting into a serious strop with Iran which is surely becoming odds on

WW III here we come :o)

actually i succumbed yesterday and bought back in, albeit at even higher than i could have done when i first posted ...... at least today's Times say "Buy Southern Cross Healthcare"

Yep, the Indy seems quite impressed too.

Well done cynic, wish I had caught this one when you first posted.

wish i had not sold first time around ..... hindsight is great stuff but cannot hold everything and also add to positions elsewhere

according to latest RNS, it's still cheap even after chugging up another pathetic 16p this morning!

chart logic says that sp is well ahead of the game, but the markets and the impetus behind sp contradicts .... as a holder am very happy to continue to do so (at least pro tem), but could not recommend buying at these levels .... nevertheless, suggest putting on your "watchlist" with a view to buying on any weakness.

weakness this morning without any apparent reason .... if sp hits 25 dma (about 470 but rising), then consider buying

glad i followed that advice the other day ..... i c i just about have this thread to myself .... still, as they say, "You can take a horse to water, but you can't make it drink" ..... company and share go from strength to strength .... my only (slight) concern is that rsi is almost permanently o'bought or thereabouts, but with sp surging into new high ground, it is difficult (or stupid?) to bet against the trend

and still sp tracks strongly upwards ...... volumes are not huge, but not minuscule either ...... puzzling, though i guess it's not impossible that someone has them sighted as a t/o target

RNS yesterday re figures says it all ....

Southern Cross Healthcare Group PLC, Britain's biggest care home operator, posted a 42 pct surge in first-half adjusted earnings on the back of a raft of acquisitions, and signalled the company is still on the look out for further purchases.

In the half year to April 1 adjusted earnings before interest, tax, depreciation and amortisation climbed 42 pct to 21.8 mln stg from the same period last year.

Adjusted earnings per share swung to 7.72 pence from a loss of 4.55 pence. Revenues jumped 17 pct to 336.3 mln stg.


SP is up from 462 (now 551) on 2nd April and still climbing and climbing ..... oh dear!

if i was not already o'weight here, i would definitely be buying ..... sp neatly on on 25 dma and strengthening and and rsi has dropped back to fairly neutral