Time to accumulate medical counters?
Group reports 32% higher profit in Q2 compared to last year.Strategy to become a comprehensive specialist medical provider bearing fruits!Time to share it with shareholders.
Management has signaled dividend is forthcoming.It is very encouraging that the management team have a clear vision for the group and is executing a strategy to achieve that vision.Personally I think dividend can wait and funds deployed to implement strategy.Accumulate on dips.
Although there is quite a number of positive credit analysts' reports on the company' s future, this counter will only attract interest when the management decide to give out dividend to shareholders (just my opinion).
The rights issue at 48cts is higher than market price ..how to succeed? Moreover new scrips come back shares under further selling pressure
BillionX ( Date: 31-May-2018 17:43) Posted:
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A medical conglomerate in the making. Economy of scale through active merger and acquisition This is one medical stock to consider in your portfolio.
SMG has been quietly going about executing its strategy to become a complete and comprehensive medical specialist.It has taken the high ground in providing niche and specialized medical care.Underpinning this plan is to become a Pan Asian regional group relying on the trusted Singapore Brand of quality and reliability.This is one counter to accumulate.Currently trading at undemanding 2X NAV. Blink and you may miss this beauty.