Ageing population

With an ageing population, what about aged health care facilities, like Estia Health?

A: Not sure about your exact question.

This is a pretty regulated sector. I understand the roll-up strategy of Estia– don’t quite see some of the tailwinds other see. How will they improve margin?

According to FN Arena, brokers are positive – consensus target price of $7.04, FY 16 multiple of 19.4 and FY17 of 16.0.

Certainly a little cheaper now than it was a few months’ back


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