WockHardt Hospitals
Printed From: The Equity Desk
Category: Investment Ideas - Creating winning portfolios!
Forum Name: Stock Synopsis
Forum Discription: A bried discussion of companies on very specific matters. Normally this is the prelude for further research as always members would be discussing quality companies with good management only
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=1545
Printed Date: 20/Apr/2025 at 8:19am
Topic: WockHardt Hospitals
Posted By: smartcat
Subject: WockHardt Hospitals
Date Posted: 21/Jan/2008 at 3:19pm
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My brother had a fall on Friday and broke a few bones on his knee. We put him to Wockhardt Hospital in Bangalore. When hospital people came to know that he had health insurance for up to Rs. 1 lac, they could barely hide their glee.
They recommended X-ray, MRI scan (Rs. 8,000) and deluxe room (obviously). Add doctor consultancy fees and orthoscopy surgery to the bill - and now the insurance company will end up paying Rs. 60,000 - just for a knee fracture.
Applying the gory version of Peter Lynch's principles, I'm wondering if it makes sense to buy Wockhardt Hospitals stock after it gets listed (IPO coming in the next few weeks).
With the spread of health insurance and rise in lifestyle diseases like Diabetes, I'm thinking branded hospitals like Wockhardt can make good money.
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Replies:
Posted By: deveshkayal
Date Posted: 21/Jan/2008 at 3:30pm
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Some listed company holds stake in Wockhardt. Cant recollect the name though. ------------- "You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett |
Posted By: nitin_jagtap
Date Posted: 21/Jan/2008 at 3:47pm
Good case to avoid companies that are majorly into health insurance ..as for hospitals yes there is a good case in terms of no of beds /1000 , no of people dependant on quality healthcare etc etc ..but the point is most of these business have huge capital requirements right from buildings upto the expensive equipment that they need to buy and refurbish every now and then ..the capex plans could hurt their earnings for quite some time .
Even in the long term we need to see what kind of model they operate in whether its the build and own model or the lease model or the franchise model ... ------------- Warm REgards Nitin Jagtap |
Posted By: jstk
Date Posted: 21/Jan/2008 at 4:36pm
carol info ------------- If you buy for a non-value reason, you will end up selling for a non-value reason. |
Posted By: market_geek
Date Posted: 21/Jan/2008 at 6:16pm
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carol info holds approx 70 lakhs shares of WockHardt Hospitals .
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Posted By: rdyn
Date Posted: 06/Feb/2011 at 2:16am
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Anyone still tracking WockHardt. ------------- My aim is to read each and every post on TED! |
Posted By: excel_monkey
Date Posted: 06/Feb/2011 at 2:30am
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here is the Wockhardt thread
http://www.theequitydesk.com/forum/forum_posts.asp?TID=2841&KW=wockhardt&PD=1 might do EBITDA of 800 to 1000 cr for FY 2012
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Posted By: barla
Date Posted: 07/Feb/2011 at 12:08pm
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Wockhardt hospital was part of carol info, then spun off. Who owns carol info now. How did they end up with a workhardt hospital stake when the hospital was demerged. |
Posted By: vinvestor2010
Date Posted: 11/Aug/2011 at 10:42am
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In their latest offer received by Danone, there is an interesting article on Carol in http://www.livemint.com/2011/08/12000340/Wockhardt-deal-Carol-takes-th.html?h=B - today's Livemint It has already shot up 13% around 3rd August  But even now with an enterprise value of Rs 830 cr i.e. 792 cr market cap + 38 cr of debt and contingent liabilties, an amount of Rs 320 cr would go to Carol Info i.e. about 38% of EV on a per share basis. However not clear about the tax impact etc.. Is this a good opportunity on a per share basis of a one time event?? Plz note till yesterday promoters have bought 1%+ more in insider buying |