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MPL - MEDIBANK PRIVATE LIMITED


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Just wondering if anyone else has had their MPL shares allocated to a trust or put under a slightly different name and as such the shares are sitting with computershare.

 

I've been back and forth trying to get my shares transferred to my HIN but it seems quite convoluted - almost as if someone wanted these shares to be difficult to trade! Or it was just my dopey effort at filling in the application..I'm certain I didn't designate a trust account as I don't own one!

 

 

 

 

 

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  • 5 months later...

MPL dropping towards low and what you would hope is support....plenty of sellers

it might be worth a risk if it bounces off that support..... hardly worth a trade unless you were buying 10k as it may only trade back up

to 2.23.

chart after half hour trade.

post-10244-1433119166_thumb.png

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I just looked at the Westpac chart I've been using and I can see it falling below the WMA but not much indication that there could be a bounce. As you say, it's only likely to be a thin profit margin if it does bounce.

Don't know what its fundamentals are.

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Although I will add to that by saying there certainly looks to be a lot of competition in the health insurance business of late as the established funds and the newbies all vie to take bits of the same pie off each other.
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  • 1 month later...

Medibank is coming in for a fair amount of criticism from various quarters. Have the bean counters & financial modellers gained too much influence?

This from the AFR:

 

"The head of the doctors lobby, Brian Owler, says Medibank Private's hardball negotiating demands are offensive and misunderstand the motivations of health professionals.

 

Referring to the market-leading insurer's contract negotiation stoush with Catholic provider Calvary Health Care, the Australian Medical Association president said one of the 165 "highly preventable adverse events" that Medibank has said it will not pay for is maternal death associated with childbirth.

 

"Unfortunately, maternal death can and still does occur in a very small number of cases ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ as tragic as that is," he told the National Press Club in Canberra on Wednesday.

 

"Personally, however, I find it offensive that a private insurer would refuse to cover the costs of that patient and hospital in such a tragic event.

 

"If someone thinks that a financial incentive will motivate doctors, nurses or anyone else in a hospital to prevent maternal death any more than they desire to do so now, then they have no understanding of medicine or the people in it."

 

 

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  • 1 year later...

Medibank Private Ltd (MPL) held an Investor Day yesterday,

- YTD Health Insurance revenue is slightly below expectations, and

- FY17 Operating Profit is to be broadly in line with FY16.

tough gig, selling a product to healthy people who may not need it now. Especially when premiums increase every year at rates higher than average incomes.

 

The first PowerPoint chart highlighted "the growing gap between health care costs and wages growth. Between 2007 and 2011 wages grew by 3.7 per cent, or 0.7 per cent a year. Over the same period healthcare costs grew by 9.8 per cent, or 2 per cent a year."

 

And especially as the lower socio-economic groups are being squeezed, with "more than half the 13 million Australians with private health insurance have annual disposable incomes of less than $50,000. He says that means that "sensitivity to any changes in premiums is very real".

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