Advanced Health Limited. JSE: AVL

Advanced Health shares

Background of ADVANCED HEALTH LIMITED

  • Advanced Health is a private hospital group which establishes, invests in and manages a portfolio of day hospitals in South Africa and Australia. With a history stretching back to 2013, the group has today expanded its portfolio in South Africa to 10 hospitals, with facilities in Gauteng and the Western Cape. The group aims to establish 20 day hospitals by 2020. In Australia, Advanced Health owns three day hospitals, with an aim to establish six by 2020.More than 80% of income is derived from Australia.
  • Advanced Health aims to invest capital in facilities that are modern, compact and state-
    of-the-art, with services for sale at extremely competitive rates for patients and medical aid schemes. Advanced Health shares are available to buy on the Johannesburg Stock Exchange (JSE), with a market cap of R340 million. Advanced Health share price has suffered sluggish performance on the bourse since listing in 2014.

Adrenna Property Group Shares Growth Driver

  • Advanced Health has managed to advance its growth goals quickly, achieving steady increases in revenue and patient numbers, while increasing the number of day hospitals year-on-year. In 2016, the group completed the planned build of the largest ophthalmic and ear, nose and throat day hospital in Australia, the six-theater Chatswood Private Hospital. Other facilities in Australia have been performing to expectations, with management focused on marketing and fine-tuning these existing operations.
  • Unfortunately, development and settling-in costs resulted in Advanced Health’s financial data being weighed down in the latest financial year. Although revenue increased by 34% to R241 million and  ipatient numbers increased by 26%, the company posted a comprehensive loss of R1.2 million. Australian operations accounted for 83% of income, but the group is aiming to buy concertedly into its hospital network in South Africa, with the opening of new hospitals there forecast to substantially increase revenue and profits. Particular focus has been paid to the appointment of qualified staff at an operational and central level.
  • New units have enjoyed reasonable support from specialists and medical schemes, and two new day hospitals are planned for opening during the 2018 financial year in South Africa. Meanwhile, the Australian operations will especially benefit as the new Chatswood Private Hospital continues to achieve its growth objectives.

Advanced Health Investor Tip

  • The live online stocks chart showed a rise in Advanced Health share price in the first year after listing, but the shares have subsequently fallen off to their original levels. Investors looking to buy the shares may start seeing gains in Advanced Health share price after the settling-in periods for various new units are complete. The day hospital market is becoming increasingly competitive, but the group has got on board early, making Advanced Health shares a promising purchase, although investors will want to see the business start turning profits soon.

Advanced Health Major Shareholders

Eenhede Konsultante, Presmedical Witbank.

  • Sector

    Health Sector

  • Industry

    Health Care Facilities & Svcs

  • Sub industry

    Health Care Facilities

How to buy ADVANCED HEALTH Shares

  • ADVANCED HEALTH : How to buy ADVANCED HEALTH Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy ADVANCED HEALTH shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in ADVANCED HEALTH and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase ADVANCED HEALTH shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in ADVANCED HEALTH.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
  • Buy Shares with Confidence

    Buying JSE shares has never been this convenient and easy. #myfirstshare

    View more JSE shares for sale – here.

Summary
Review Date
Reviewed Item
Advanced Health shares
Author Rating
51star1star1star1star1star