Correct me if I’m wrong team….
All said and done if Aster GCC business gets sold - that basically means we lose our cash cow
Yes we’d receive cash in exchange, but the cash would not justify the current valuations.
Aster would have deploy this cash and then build up the same level of operations it had back in GCC and the chances of that to happen is very unlikely.
GCC business was very much a monopoly because of few hospitals and very high insurance penetration. In India you have significant competition with low insurance penetration.
Hence this deal is really unfavourable to retail investors.
Let me know what you think? Am I missing something?
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