Profiting from death and taxes. Is InvoCare a buy, or on its deathbed?

Financial journalist and commentator on 3AW and Sky Business
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Every business – and every investor – is looking for the holy grail of a good, reliable, predictable revenue stream, that does not rely on the ups and downs of economic growth.

InvoCare Limited (IVC) has one: death.

IVC is Australia’s largest funeral chain operator, with about 26% market share of the $960 million funeral market, and 17% of the cemeteries and crematoriums market.

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