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

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.

difficult call in these turbulent and treacherous markets, and the chart (see above) is scarcely encouraging ..... however, i am still in love with this company and so far it has met its promises every time.

mind you, one could say much the same for RTN and see what happened to that yesterday even though their trading update and broker reaction were neutrral at worst

Thankyou, I will stay out for now, will continue watching for the next move up.

too late for me, i forgot i placed a buy order for 470p a while ago and it triggered today, hope that chart dont get worse...!!!

u may well find it a fortuitous mistake

How much further do you expect it to drop?

Some support at 380p and 360p but main support at 320p.

Finance director leaving usually not a good sign , maybe he knows something we don't.

truly horrid isn't it, though i shall continue to hold though certainly rather less than i did

jimmy c over on "the dark side":
"do some research and you may find why the fd left, not hard to pick up a phone and speak to directors. MBO on the cards at this price. Lazy investing selling out without research, shame on you."
He seems reluctant to pass on what he's found out though.