Aged care has become a tough business competing against many not-for-profit organisations but clarity from the budget could make things interesting with the obvious tailwind of an aging population and potentially more certainty on funding models etc. The sector has been under a lot of pressure post the Royal Commission but the risk/reward looks good targeting a test of $3 while running stops under $2 i.e. 3:1.
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Performance update for March, stocks that drove returns & our current positioning
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Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
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Market Matters Research Lead Shawn Hickman with David Koch
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Wednesday 24th April – DOW +263pts, SPI +27pts
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MM likes EHE from a risk/reward perspective
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