Capitol Health’s continued recovery

Dean Fergie
Dean Fergie Cyan Investment Management

Radiology and diagnostic imaging service provider, Capitol Health (CAJ), has announced their preliminary full year EBITDA result of $22m, 10% ahead of prior guidance. Along with the previously announced sale of their NSW assets (settling August 2017), the company’s total debt of $50m will be eliminated taking the business to... Show More

3 stocks that exceeded expectations and 1 that missed

Livewire Exclusive

As reporting season picks up pace, each week Livewire will ask a different panel of Managers for THE standout result of the week. Read on for two small-cap healthcare stocks, and a global funds business. Responses from Dean Fergie, Cyan Investment; John Murray, Perennial Value; and Simon Shields, Monash Investors. Show More

Pay day for Capitol Health

Chris Stott
Chris Stott Wilson Asset Management

On Thursday, Capitol Health Limited (ASX: CAJ) announced the sale of its NSW assets to I-Med Radiology Network for $81.5 million which is more than 8.5 times expected FY17 earnings before interest, tax, depreciation and amortisation (EBITDA). We believe Capitol Health’s strong balance sheet and high cash levels will provide... Show More

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Buy Hold Sell: Five fallen angels

Buy Hold Sell
Buy Hold Sell Livewire

After a brutal ‘confession season’, the small cap market is littered with former market darlings now trading more than 30% off their recent highs. So in this episode of Buy Hold Sell, two small cap specialists, Simon Shields from Monash Investors and Dean Fergie from Cyan Investment Management, talk us... Show More

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Daily AGM Note, Thursday 24 November 2016

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Kym Sheehan The Executive Remuneration Reporter

A fiery AGM day today - and at Jervois Mining shareholders didn't wait until next week's AGM to spill the Board. First strikes at Capitol Health, Carpentaria Exploration and RedHill Education. Second strike and Board Spill resolution passed at Ambertech; a second strike but no Board Spill at Cape Lambert... Show More

Healthcare sector overview

Scott Power
Scott Power Morgans

The healthcare sector has been one of the most consistent performers over the past 10 years, underperforming the ASX200 only 2 times over the past decade. However, increased regulatory scrutiny and soft industry data have taken some gloss off the domestic service providers (SHL, PRY, RHC, HSO, CAJ, IDX), with... Show More

10 stocks that shone in latest profit season

Livewire Equities

The latest corporate reporting season has just ended. As usual the announced results are a case of the good, the bad and the ugly. The good are the star stocks that have delivered solid earnings results and increased their dividend payouts to their investors; the bad are those that have... Show More