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I also think the deal is about 45 to 46 cents. So if current price too high, people will not accept.
mine is a bet that there is a deal.... if deal, shd be > 45, if no deal, will likely to go back to 30. this px at 37 is a fair bet, lol
can buy ??
sp71171 ( Date: 23-Feb-2021 09:40) Posted:
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have dropped quite abit since 42..... haiz
Buy buy buy
Keep accumulating...htere are some action now...
too quiet......
Invest1 ( Date: 20-Feb-2021 11:50) Posted:
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The deal still on?
Invest1 ( Date: 20-Feb-2021 11:50) Posted:
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The last sentence is very good already. Be ready for good times..
Singapore Medical Group posts 36.1% fall in FY20 net profit
CATALIST-listed Singapore Medical Group (SMG) on Friday posted a 36.1 per cent fall in net profit from S$13.7 million to S$8.7 million for the year ended Dec 31.
Revenue for FY2020 was S$87.3 million, down 7.7 per cent year on year from S$94.7 million. This was attributed to a fall in patient load as non-essential medical services and temporary clinics were closed as part of circuit breaker measures.
The company added that the topline decrease was also due to a significant decline in medical tourism as a result of travel restrictions stemming from the pandemic.
Earnings per share stood at 1.81 Singapore cents, down from 2.83 cents a year ago.
The group announced a final dividend of 0.4 Singapore cents per share for 2020, the same as 2019, though it has yet to confirm a payout date.
Additionally, the group recognised a non-cash impairment loss on goodwill, amounting to S$3.0 million as a result of the projected decline in earnings of the paediatrics business unit, acquired in 2017.
Outlook for the group' s medical business remained uncertain as it expects macroeconomic activities to remain subdued, on top of a weaker consumer sentiment in the short term. This will have a negative impact on the elective medical services in the diagnostics and aesthetics business segment, which rely heavily on discretionary consumer expenditure.
" As the situation continues to evolve, it is uncertain as to when or if pre-Covid-19 levels of medical tourists will return to Singapore," the report wrote.
However, the medical group said it will continue to maximise growth through the hiring of new specialists, opening of new clinics, and expanding its overseas entities.
Profound. Anyway, will hold till next week
I will not say anymore...good luck and let' s see next week...
Sip coffee...
Sip coffee...
PQTPQK ( Date: 19-Feb-2021 14:56) Posted:
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why good news?
Invest1 ( Date: 19-Feb-2021 14:52) Posted:
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Sing Medical made announced on sgx for the annual report. Lower profit at 9million.
This is good news for Project Super....hold on tight...
This is good news for Project Super....hold on tight...
Invest1 ( Date: 19-Feb-2021 13:03) Posted:
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Quiet is totally logical...
sp71171 ( Date: 19-Feb-2021 11:17) Posted:
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Too quiet to look like there is some deals coming. But i am still vested
Remember to buy some more...likely going to annouce Annual Report first and then Project Super shortly after this.
Buy buy buy....Project Super still on going...
Hopefully tmr can have some play to offload....ave px 355
Still got hope. Getting nearer to a deal or no-deal soon.
Price action will tell in due course.
UPDATE ANNOUNCEMENT
The Board of Directors (the "Board") of Singapore Medical Group Limited (the "Company") refers to the announcement released by the Company on 18 December 2020 and 18 January 2021 (the ?Announcements?).
The Board wishes to announce that the discussions mentioned in the Announcements are still ongoing and there is no certainty or assurance that any transaction will materialise from such discussions.
The Company will, in compliance with its obligations under the SGX-ST Listing Manual Section B: Rules of Catalist (the "Catalist Rules"), make the appropriate announcements on SGXNET in the event of any material developments which warrant disclosure.
Shareholders of the Company are advised to refrain from t
Price action will tell in due course.
UPDATE ANNOUNCEMENT
The Board of Directors (the "Board") of Singapore Medical Group Limited (the "Company") refers to the announcement released by the Company on 18 December 2020 and 18 January 2021 (the ?Announcements?).
The Board wishes to announce that the discussions mentioned in the Announcements are still ongoing and there is no certainty or assurance that any transaction will materialise from such discussions.
The Company will, in compliance with its obligations under the SGX-ST Listing Manual Section B: Rules of Catalist (the "Catalist Rules"), make the appropriate announcements on SGXNET in the event of any material developments which warrant disclosure.
Shareholders of the Company are advised to refrain from t
SmallSmall ( Date: 18-Feb-2021 10:18) Posted:
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