Austco Healthcare Limited

ASX:AHC

Austco Healthcare Limited

ASX:AHC
TradeAdd trade order Follow Unfollow Set Price Alert
$0.395 (-1.3%)
Last close price
#8
Rank
41
Held by
71
Followers
TradeAdd trade order Follow Unfollow Set Price Alert
Reports (10) My Report Forum Investors
Forum Topics AHC AHC AHC Blog
Wini
Added 4 years ago

AHC has put two blogs up on their website with very candid commentary on the historical nurse call segment and how it must evolve to survive. The blogs are a great primer on the business and how they see themselves shifting to evolve with the healthcare industry:

https://austco.com/real-time-health-the-future-of-nurse-call/

https://www.austco.com/real-time-health-and-the-future-of-nurse-call-part-2/

37
Wini
Added 3 years ago

AHC announce a nice contract win on the website: https://austco.com/austco-announces-1-3m-project-in-adelaide-south-australia/

$1.3m not deemed material enough for a market announcement given revenue base and order book, but strategically I think this is a great win. AHC have historically struggled to win large Australian hospitals, with Hill's (HIL) the incumbent in the space. Given their struggles (and based off latest half year result likely administration if they can't recap) it may be opening an opportunity for AHC to grab a foothold and grow strongly in the space.

34