@rainmaker wrote:Look at the annual report issued. All of the above stuff are missing the most important part. This part makes all of the above talk look rubbish.
Don't think of assets or equity all the time. Also don't always look at the financial statements. Some other stuff are insightful. @ Alchemist & Jiggy lets see if you can find it.
The only insightful stuff as to why Pathirage would buy this is to use the Insurance float to invest/prop up his group companies and occasionaly invest in some debentures in his debt heavy hospitals.
Also he can cross sell using his group businesses. Buy a TV get insurance from AAIC, before going in for a surgery buy some Life insurance.