Care homes and nursing losses.
Investors Chronicle - magazine and web content, May, 2009
Byline: Mr Bearbull
MR BEARBULL: Southern Cross is not the growth story that Mr Bearbull thought it was. But it might be a recovery play
Healthcare providers Southern Cross and Care UK both produced results this month. I have to follow these are companies whether I like it or not. And I don't. It reminds me that last summer I put Southern Cross shares into the Bearbull Growth Portfolio at 379p each. Where are they now? - - 133p. Don't laugh.
I bought the shares after doing a comparison with Care UK and putting the findings in a Bearbull column23 May 2008 http://www.investorschronicle.co.uk/Columnists/BearBull/article/20080520/e5cab476-264c-11dd-b975-0015171400aa/The-third- certainty.jsp 23 May 2008). I still shudder when I read it. For...
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