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

for myself, i am happy to hold this stock long term; a rarity for me it must be admitted ...... having top-sliced 40% at 559 (from memory), i am very sanguine about the prospect of sp dipping even to 500 where i would assuredly buy more, even if already having done so at +/-535

thanks chaps, it's good to see that people can have differing views about a stock and still have civilised and meaningful discussions without the 'verbal nonsense' posted on some BBs.

Hit my target of 535p this morning, wondering if 500p is on the cards. Were I actually trading this stock, would set a trailing stop now at 540-545 and be happy with a 35-40pt profit if stopped out.

pth

500p was on the cards after all. With this market might even be 490p ??

i am already o'weight here, for otherwise i might be tempted to buy again ..... i have asked PT to check the entrails, but i think the bounce off the rsi of 30 indicates a buy signal .... certainly sp is recovering nicely after this morning's rns, and as well publicised, i reckon this is an ace company in the a growing(dying!) sector.

for info, following is an extract from Newswatch stuff .....

"The broker thought further acquisitions are likely to continue driving consensus upgrades, while the announcement today has renewed overall confidence.
Morgan Stanley maintained its 'overweight' stance and 570 pence target.
Elsewhere, UBS reiterated its 'buy' rating and 660 pence target saying today's news was reassuring."

I am very into this company and bought again at 440p yesterday and 480p today to add to my holding. A market correction does nothing to detract from their business model

i think it's a cracker ...... in similar vein, you may like to look at CTH though stock is not easy to acquire ...... may not be so bad in the current market (lol) but i found it easiest to place an order with price and instruct part fill

Thanks, though I'm fully invested again. Been in SCHE since it was 300p and thought we wouldn't see 440p again. But I@m in this one for the longer term

Richard

A few thoughts on SCHE. As you can see the SP has been in a deep downtrend since reaching for 600p. Initially a break above 500p to break out of this trend and then a further break through above the long term uptrend (currently resistance) would confirm a reversal. Although difficult to see on this screenshot I would also wish to see a break through RSI resistance (nearly there). MACD seems to have bottomed out, although no confirmed buy signal yet, but it is a lagging indicator (arn't they all!). 440p should certainly be the base if the markets go pear shaped again.

pth

PT ..... hope you are well as have not seen you around for a while .... time for golf?

Others! ..... SCHE continues to pull off really good deals, as it has again anounced today ...... i tout this share unashamedly!

Morning all. I see SCHE is on a roll again !

indeed ..... cannot believe how few of the "friends" have bought into this company

sp now broken into all time high ground ...... can it hold through close and for next few days to consolidate?

that's interesting ...... on a bad day in the market, sp is challenging high ground once more ...... watch carefully; jst maybe something afoot though volume does not appear exceptional unless there are large orders lurking

another class stock that succumbed to profit-taking today ...... so with sp just hovering on 25 dma and therefore potentially poised for a bounce, i bought back my top-sliced bit x 2

i know i champion this stock .... however, i like the look of the chart again - i.e. it fell through 50 dma; rallied to challenge and slipped back a little but has just nudged its way back through.

am back to quite heavily o'weight again (sold some between 20th and 25th)

SCHE took a battering in the last 7/10 days when some of the direectors sold a swathe of stock to avoid the liabilities caused by GB's damn-fool CGT reforms ..... sp has come back to life this morning and is now hovering just below 200 dma (see header) ......

because i like this company greatly and also consider it excellent defensively, i have just bought back a slice i sold several weeks ago and am now unashamedly quite heavily o'weight

good call or what???!!! ..... however, sp still needs to fight its way back past 25+50 dma before thinking of challenging old high of about 610 ..... that is not going to happen tomorrow!

this one's flying again, though potential resistance at about 570 and certainly at 600/610 where it has had vertigo in the past

cynic, where do you think this is going now, I got my timing wrong on this last July, this appears to be a good entry point at 480.