EHE, ESTIA HEALTH LTD

[early birds]

In Reply To: early birds's post @ Jan 25 2019, 11:57 AM

sorry, it was say 2.37 i meant!! typo...

as i predicted------- Govt don't have enough money to tackle aging problem they need private sector's help
so they chuck in the carrots yesterday-------injecting some cash into aged care sector..
that is why we seen whole sector get a bit lift this morning.

EHE hit through my short term price target --2.50. so i off load big chunk of my holding so far.
will keep the rest for the longer term.

DYOR as always!!

[early birds]

In Reply To: blacksheep's post @ Jan 19 2019, 02:12 PM

seems that bad news alredy fact in long ago.

it trade up to 3.33 atm. seems shorts on the run.
will keep eye on 3.37ish ----go through there the over 2.50 is on the card in short term. imho
i'm waiting.

[blacksheep]

In Reply To: blacksheep's post @ Jan 18 2019, 04:19 PM

Aged care stocks hit as royal commission begins
Shares have already taken a royal commission hit

By the time the royal commission into aged care was announced in September last year, the share prices of Estia Health, Japara Healthcare and Regis Healthcare were already well off their highs, but they had further to fall

.
read more - https://www.abc.net.au/news/2019-01-18/aged...ection=business

Attached thumbnail(s)

 

[blacksheep]

In Reply To: early birds's post @ Jan 18 2019, 03:04 PM

EHE down almost 5%, while a couple of other stocks in the sector are.....


JHC down 5.35%


REG down 2.14%

[early birds]

In Reply To: early birds's post @ Jan 18 2019, 10:06 AM

with that bad headline last two days for EHE and it's price didn't tank, that will be the sign for the longs.
=====================

feaking hell!! speak too soon.

[early birds]

In Reply To: blacksheep's post @ Jan 17 2019, 07:33 PM

i still hold chunk of the EHE, as i think the govt. don't have enough money to tackle the aging problem every country have around world today.
they need private money more than ever for this sector. that is the fundamental reason for me to investing at current volatile market ----for the longer term. imho though.

for short term traders $2.00 mark have to be hold otherwise stop loss has to be in place for TAer{ longs}
for the shorts ------the stops will be 2.37ish
with that bad headline last two days for EHE and it's price didn't tank, that will be the sign for the longs.

i'm biased , because i holding some atm.

[blacksheep]

In Reply To: early birds's post @ Jan 17 2019, 03:34 PM

Monash Investors principal Simon Shields has warned aged care investors to prepare for a torrid year that will weigh on the share prices of Estia Health, Japara Healthcare and Regis Healthcare as the royal commission kicks into gear.

Not that he is worried. Short-selling the sector's three main players has been a profitable bet for Mr Shields and he's not ready to close out his positions yet, saying there is nothing but "downside" for the companies as they stare down the barrel of a year-long digging exercise into the $20 billion sector's ills.

https://www.afr.com/business/health/aged-ca...20190117-h1a6c7
Total short positions as at 11/1/19 = 2.95%
https://www.shortman.com.au/stock?q=ehe

Attached thumbnail(s)

 

[early birds]

https://www.afr.com/personal-finance/supera...y_Sent=17012019

royal commission set the rules for the sector----looks fair to me!

[early birds]

In Reply To: early birds's post @ Sep 17 2018, 10:27 AM

looks it gonna finish near the day lows , not a good sign.

[early birds]

In Reply To: early birds's post @ Aug 23 2018, 12:55 PM

eh oh!! step into land mine on this sector.
=========
ESTIA HEALTH RESPONDS TO ROYAL COMMISSION INTO AGED CARE
Estia Health (“Estia”) (ASX:EHE) today said it supported Prime Minister Scott Morrison’s call
for a Royal Commission into Australia’s aged care sector.
Estia Chief Executive Officer Norah Barlow said Estia welcomed scrutiny of the sector and
any measures that would help not only ensure the safety and quality care of its residents but
also provide a sustainable sector for all those in aged care.
“Caring for the elderly is a privilege and enormous responsibility. We will continue to work
with government to build a viable sector that older Australians deserve,” Mrs Barlow said.
Estia looks forward to engaging in the consultation with government on the Terms of
Reference for the Commission.
================

bought little bit more at 2.47. still believe in this sector as aging problem gets worse around world.