Simon’s stock tips
The Mondi interim management statement sent the stock soaring higher as it hit al l t he r i ght buttons. Volumes were up, prices were higher and input costs were down; shareholders can ask for nothing more from a business. In the case of Mondi, what it also has is a very strong balance sheet that puts the business in a very strong position. Taking all this into account, on a historic P/ E of around 18 times and a forward P/ E of some 16 times, the stock is not incredibly cheap, but compared to t he overall market, Mondi i s cer t a i nly cheaper than most other stocks. have thought that around the 70%75% occupancy levels would be pretty much the best a hospital could do, but looking at global examples I found that the majority of hospitals are above 80% occupancy, with a number even at 90% or 95%. So, there is certainly scope for much higher occupancy levels and hence greatly i ncreased profits, but I suspect the number is not likely to change quickly.