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

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.

anything is possible, including the likelihood that jimmy c is FoS!

Awesome chart, i see not having broadband for a few weeks has served me well.... not...!!!

Is it worth buying at this level or will it continue to fall?

Has obviously been shorted heavily, would say when they are finished it could make a fair bounce quite rapidly to at least low 400's, the FD buying had that effect last week, but was short lived...

all sorts of slightly strange things have gone against SCHE of late, and though i have trimmed my holding, i am still a fan

So did old mutual buy or sell on 24th? RNS says they crossed 5% threshold but i presume thats downwards and that they have sold, shorters giving this a torrid time at the mo...

Old Mutual reduced to <5% see RNS 28/01/08.

So does anyone know why the FD left ?

RNS states AGM on 5/2/08 and trading update a few days later?

could be the boottom

am tempted to get back in (sorry, but jumped ship about a week ago) but am travelling for the rest of the week and cannot watch constantly

Not sure why, but i never averaged down when at 320/330p last week, although remember looking at the chart and noting RSI was off the scale, shorters would have to close positions as the sp recovered, and hence a healthy 50p rise in two days...

so SCHE is perhaps regaining its poise ..... very good set of figures, and though perhaps a little late in the day, jumped back in this morning at 382 and already nicely in the money