1. No announcements on this front but possible. The company used to operate a 2nd smaller, woman-focused hospital in the past.
2. Patients are mainly domestic. A lot of the Mexico's medical tourism is still focused on either routine medical/dental care or prescriptions. But Medica Sur can offer much more specialized care at 60-70% discount vs. what you pay in the US.
Will link to in my Monday EM link collection post... For more Mexican stock ideas:
Mexico Closed End Fund Stock Picks (Early 2023)
Mexico stock picks or potential nearshoring stocks that are the holdings of Mexico closed-end funds Herzfeld Caribbean Basin Fund, Mexico Equity and Income Fund, and The Mexico Fund.
nice writeup. mexico has all these interesting companies trading cheap. two questions if you know
1) Are they planning to set up any additional hospitals?
2) is most of their traffic domestic or via medical tourism (ie people coming from the US)
Thanks for reading.
1. No announcements on this front but possible. The company used to operate a 2nd smaller, woman-focused hospital in the past.
2. Patients are mainly domestic. A lot of the Mexico's medical tourism is still focused on either routine medical/dental care or prescriptions. But Medica Sur can offer much more specialized care at 60-70% discount vs. what you pay in the US.
Will link to in my Monday EM link collection post... For more Mexican stock ideas:
Mexico Closed End Fund Stock Picks (Early 2023)
Mexico stock picks or potential nearshoring stocks that are the holdings of Mexico closed-end funds Herzfeld Caribbean Basin Fund, Mexico Equity and Income Fund, and The Mexico Fund.
https://emergingmarketskeptic.substack.com/p/mexico-closed-end-fund-stock-picks-early-2023
Also, Medica Sur is not a holding of those closed-end funds...
Nice write-up, enjoyed reading. Thanks.
Thanks Jon!