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Aged care a sure short bet for Monash team

Jan 18, 2019 - Australian Financial Review

Monash Investors principal Simon Shields has warned aged care investors to prepare for a torrid year that will weigh on the share prices of Estia Health, Japara Healthcare and Regis Healthcare as the royal commission kicks into gear.

Not that he is worried. Short-selling the sector's three main players has been a profitable bet for Mr Shields and he's not ready to close out his positions yet, saying there is nothing but "downside" for the companies as they stare down the barrel of a year-l...