Senior Analyst Derek Jellinek attended the Healthscope investor day earlier this week. Below are his comments as made in a Morgans presentation afterwards. Transcription follows, with full video below: Show More
healthscope
When it re-listed in July 2014 Healthscope was the largest IPO to hit the ASX in four years. Having spent time held by private equity, the $3.6 billion float was priced on a 22x PE. It's been a bumpy ride, but opinions on the outlook are divided ahead of today's... Show More
Over the course of 2016, we provided insight into the competitive dynamics and aggregate prospects of several industry sectors, from financial markets to supermarkets, listed on the Australian stock market. Show More
TPG and The Carlyle Group have sold A$810m, or 53% of their A$1.8bn stake in HSO (will retain a 17.8% holding). Our Investment view is the company has a solid track record of strong earnings growth of 13% over the last 4 years, along with stable, high CF generation and... Show More
Tom Piotrowski speaks with CommSec Advisory’s Nicky Kritikos about the Commonwealth Bank’s renounceable rights offer, as well as upcoming earnings results from Healthscope and QBE Insurance . Visit CommSec http://www.commsec.com.au. Follow Us On Twitter Show More
Yet another article on lack of investor access! If Healthscope had used ASX Bookbuild, it may have read: Retail praises Healthscope for fair access.. Opening up a portion of the book to the entire market of brokers - retail, online, all others - is now possible. ASX Bookbuild gives every eligible... Show More
It's the biggest Australian IPO since QR National in Nov 2010. Healthscope (Offer opens July 8) is a leading hospital and healthcare provider with earnings growth and a growing portfolio of assets. CIMB Analyst Derek Jellinek spoke about the company in a presentation to our network. You can watch the... Show More
Where are we placed in the current IPO cycle and how will big floats like Healthscope and Medibank perform? Justin Braitling, CIO of Watermark Funds Management, says we are probably half way through the current IPO cycle. Braitling says that IPO sponsors have done a good job of sharpening their... Show More