SRX 4.35% 12.0¢ sierra rutile holdings limited

chinese market material in the med long term, page-3

  1. 4,306 Posts.
    Ngairc

    As someone who has spent a considerable amount of time and effort in China you are correct in what you saying. Don't be fooled by the size of the population. Wealth and disposable income is the key. I have been in a Chinese hospital (for expats) and I would give it a 5 out of 10 for facilities and expertise. However this is not available for the average Chinese person. Chinese hospitals in general are horrendous and you would get sicker staying in them. The average Chinese person still relies on traditional Chinese medicine. As China rapidly develops Western medicine and expertise will become the norm. However that is still a considerable time away. The good old US of A is where the money lies for this company. I have no doubt we will see $8 to $10 a share on SRX in the not to distant future (2 to 3 years). Happy to wait.
 
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