The Presentation this morning,....
There was a final question in the presentation this morning : how many doctors left the group and how many retired throughout 2017 ? BUT the reply given was : 19 doctors joined the group this year,... I don't think this reply answered the question asked, I wonder why,... Acute cases which are 'more profitable' are lesser this year (somebody said could have gone to a competitor), and the BOD said mat not necessarily be so, it could be seasonal, typically the fourth qtr (this qtr) would have more acute cases coming in. So, let's see in the end-January 2018 report... Revenue is more, though EBITDA is less... this could be due to taxation, etc,... Acquisition and Organic Growth seems to go hand-in-hand,... looks to me like the BOD will just take whatever good that comes along, if it comes along, hopefully,... there is NO pre-determined target. Just some of the things in the presentation that struck me,...