Better news21 Oct 2010 11:05
I would have thought that the announcement of 'extra' cash for care of the elderly, confirming the weekend press reports, would have been good news for SCHE. There was no reaction yesterday after the Chancellor's speech, but some buying this morning. Are better times 'around the corner', or this one a 'dog'?
My mother-in-law is (self-funded) in a Southern Cross home. It seems pretty good - clean, well maintained, well staffed by caring people - much better than some others we viewed. In many respects this seems to be a good business in a 'growth' area.