Ramsay Health Care: Interim result 2014

Ramsay has reported another impressive result, but it needs to with the share price at current levels.

As the saying goes – price is what you pay; value is what you get. Ramsay Health Care is an extremely valuable company. Its 50-year track record is second to none and it now operates just under 10% of all hospital beds in Australia, treating 1.3m patients per year. Since listing in 1997, Ramsay's share price has increased 22-fold for a 21% annual return.

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