Mediclinic plc ([[ALNRF]], [[MCFFY]], [[ANHGY]]) is a private hospital operator which is listed on the London exchange. Its large collection of hospital assets in three main markets is attractive and cash generative. But COVID-19 may lead to delayed procedures and lower revenue, while a high debt level means the short- to medium-terms for shareholders do not look very attractive. Even at its current low price, there is notable risk. Avoid.
About Mediclinic
The company’s head office and primary listing are in London. It maintains secondary listings on the exchanges in Johannesburg and Namibia. The company