Forum Archive Index - September 2000

["J M Sutton" <josutton@ihug.co.nz>]

My parents retired from pharmacy life about 30 years ago and my mother often
comments how glad she is not to be in it now especially with supermarkets
and gas stations selling so many pharmacy lines at reduced prices so can
sympathize.
I was a hospital tech for some years and that too has changed so
dramatically, not entirely for the better, although having said that the
hospital care that my parents received over the years has always been very
good.
This has nothing to do with Eldercare, sorry - getting away from the
topic....
Cheers
----- Original Message -----
From: "Colin Ross" <ceejaynz@xtra.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, September 07, 2000 10:19 PM
Subject: Re: [sharechat] Eldercare


> I've been pondering on this subject for a while now, and would like to
share
> my thoughts with the group.
> I have recently retired from over 40 years experience as a retail Pharmacy
> Proprietor. During that time, I had a good deal to do with Retirement
homes
> and similar facilities.
> There has been a long period  in the past where  government subsidies
> provided profitable opportunities for Retirement Home providers.
> However, during the more  recent past the generosity of these provisions
> have been reduced to the point where margins have become very tight, many
> operators have been forced out of business, and the survivors have needed
to
> become very "efficient" which has often  resulted in inferior services,
> employment of cheapest possible labour, and a general squeeze on
contractor,
> Doctors, Pharmacists, etc..
> Eventually, there may well be a market for User-pays services, but right
> now, the public has a contrary mind set.
> In my opinion, the Corporate providers will have their work cut out to
> become profitable. Hard working owner operators are managing to prosper,
but
> they need to be very good at it and extremely hard working.
> I am certainly very pleased to have extricated myself from this
quagmire...
> Ceejay
> ----- Original Message -----
> From: Kelvin Worsfold <kelw@ihug.co.nz>
> To: Sharechat <sharechat@sharechat.co.nz>
> Sent: Thursday, July 20, 2000 12:44 PM
> Subject: [sharechat] Eldercare
>
>
> > What are the thoughts on Eldercare as a long term hold, I have seen some
> > brokers reports saying, BUY, but little action on the market, your
> thoughts
> > please.
> >
> >
> > Everywhere is walking distance if you have time
> >
> >
>
> --------------------------------------------------------------------------
> --
> > http://www.sharechat.co.nz/          New Zealand's home for market
> investors
> > To remove yourself from this list, please use the form at
> > http://www.sharechat.co.nz/forum.shtml.
> >
>
>
> --------------------------------------------------------------------------
--
> http://www.sharechat.co.nz/          New Zealand's home for market
investors
> http://www.netbroker.co.nz/        Trade on Credit, Low Brokerage. Join
now.
> --------------------------------------------------------------------------
--
> To remove yourself from this list, please use the form at
> http://www.sharechat.co.nz/forum.shtml.
>


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
http://www.netbroker.co.nz/        Trade on Credit, Low Brokerage. Join now.
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.