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Impressive growth in last 3 years

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eric998
    29-Apr-2022 10:32  
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strong resistance at 340/345...need to clear with volume then breakout to above 40c.. waiting... 

Invest1      ( Date: 29-Apr-2022 10:10) Posted:

The gate of 1200k is set up at 0.345, wow....continue to buy...funny moves...

 
 
Invest1
    29-Apr-2022 10:10  
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The gate of 1200k is set up at 0.345, wow....continue to buy...funny moves...
 
 
eric998
    29-Apr-2022 10:06  
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if can clear the 340/345 resistance convincely likely indication that BBs will want to push to near target price.. 

PQTPQK      ( Date: 29-Apr-2022 09:31) Posted:

any near term target price??

Invest1      ( Date: 29-Apr-2022 09:10) Posted:

This is really a good news. I still expecting the takeover deal.


 

 
Invest1
    29-Apr-2022 10:00  
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Last year my target for the takeover is 45 cents. Now open up 50cent is reasonable, could be higher since the revenue and profit is much higher than expected.
 
 
Invest1
    29-Apr-2022 09:38  
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Remember to buy...the deal fail last year, maybe alive again as Singapore opens up for tourist again. 
 
 
Invest1
    29-Apr-2022 09:36  
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Just follow brokerage target acctually pretty zhun...
 

 
PQTPQK
    29-Apr-2022 09:31  
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any near term target price??

Invest1      ( Date: 29-Apr-2022 09:10) Posted:

This is really a good news. I still expecting the takeover deal..

josephyeo      ( Date: 29-Apr-2022 01:35) Posted:

Singapore Medical Group

2 buy recommendations:

1. Lim & Tan Securites. Date - 28 April 2022
Buy w target of 50.0 cts

2. UOB Kay Hian. Date - 10 March 2022.
Buy w target of 53.0 cts

For info only. Vested
 


 
 
Invest1
    29-Apr-2022 09:10  
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This is really a good news. I still expecting the takeover deal..

josephyeo      ( Date: 29-Apr-2022 01:35) Posted:

Singapore Medical Group

2 buy recommendations:

1. Lim & Tan Securites. Date - 28 April 2022
Buy w target of 50.0 cts

2. UOB Kay Hian. Date - 10 March 2022.
Buy w target of 53.0 cts

For info only. Vested
 

 
 
governor
    29-Apr-2022 09:09  
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Wolf Money(portfolio update end April 2022) Long post!

Commentary

Straits Times Index in face of multiple challenges was surprisingly resilient. Index was down marginally in April. Nasdaq was down more than 17% ytd . A bloodbath was lashed out among the tech stocks in April. LWF had a quiet April. Cash yield was at 0.08% per month. I was pretty bearish since March after Fed changed their dovish view on interest rate policy. There is market talk of a bigger 0.75% jump in interest rate in May.😮

https://lonewolfinvestor.blogspot.com/2022/04/wolf-moneyportfolio-update-end-april.html?m=1

Dyodd
 
 
josephyeo
    29-Apr-2022 01:35  
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Singapore Medical Group

2 buy recommendations:

1. Lim & Tan Securites. Date - 28 April 2022
Buy w target of 50.0 cts

2. UOB Kay Hian. Date - 10 March 2022.
Buy w target of 53.0 cts

For info only. Vested
 
 

 
Invest1
    28-Apr-2022 16:35  
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Keep a lookout for SingMed...possible outbreak soon.
 
 
Invest1
    21-Apr-2022 09:11  
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Yes. The profit is pretty decent. Hopefully can declare more dividends.
 
 
josephyeo
    20-Apr-2022 23:07  
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Singapore MedicalGroup

Share some datas on Revenue/Profits of past 5 years:
 
singmedical FY' 17 FY' 18 FY' 19 FY' 20 FY' 21
revenue 68001 85,069 94,672 87,340 100,840
net profit 8499 12,928 13,661 8,730 15,608

From the above, its clear that the company has been showing growth in revenue and profits year after year
except for year 2020,the 1st pandemic year.

Above for info only. Vested. Dyodd.

 
 
 
josephyeo
    19-Apr-2022 07:51  
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Singapore Medical Group.

Buy call from UOBKayHian:

SMG announced a record-high PATMI of S$15.6m (+78.8% yoy), beating expectations.
Recovery in  demand for the  diagnostic and aesthetics segment drove earnings past
pre-pandemic levels. The  reopening of  international borders  will also help the foreign
patient  load to  recover, which  historically  contributed 15-20%  of  annual revenue.
The group continues to make inroads in overseas growth and is focused on key vertical
acquisitions. Maintain BUY with a higher PE-based target price of S$0.53.

UOBKayHian - 10 March 2022
 
 
josephyeo
    19-Apr-2022 07:40  
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Singapore Medical Group

Below is a quote taken from Message to Shareholders:

" While we are delighted with the results, this is just the beginning as we continue
to chart growth both in Singapore and overseas as we look to emerge stronger from the pandemic."

As seen from above quote, the company is actually very active in Vietnam, Indonesia and Australia.
Indonesia continued to grow " in revenue and profitability despite the challenging COVID-19 environment." .
In Vietnam, the CarePlus footprint spans strategically across Ho Chi Minh City including two
15,000 square feet centres in the Tan Binh District and District 7. In 4Q2020, CarePlus opened its third site
which covers 10,000 square feet in Ho Chi Minh City& rsquo s prime District 1.  And in Australia, the CHA-SMG
partnership continued to grow its fertility and women& rsquo s health platform.

" We expect this overseas momentum to continue in the year ahead as our strategies for growth gain traction
amid an easing of restrictions and the shift to an endemic phase of tackling the COVID-19 virus in 2022"

Above are for info only. Most of the materials are taken from the company' s annual report.
I am vested.
 

 
Invest1
    18-Apr-2022 21:25  
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Still waiting for the privatisation or takeover. Now that more overseas customers coming in, better businesses and better prospect. Should be a good target.
 
 
tccroy
    18-Apr-2022 20:39  
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SMG will appreciate in value. Keep for long term

josephyeo      ( Date: 18-Apr-2022 20:11) Posted:

Singapore Medical Group

" Our Health segment was also resilient, growing 8.3% yoy to S$62.1 million due to a
combination of organic growth at existing clinics and overall lower patient volume in
FY2020 where non-essential medical services were deferred, and certain clinics were
temporarily closed" .
Above is an extract from Annual Report

Note: SMG revenue/profit are from 3 sectors:
1. Diagnostic n Aesthetics
2. Health sector
3. Others

For info only. Vested!
 

 
 
josephyeo
    18-Apr-2022 20:11  
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Singapore Medical Group

" Our Health segment was also resilient, growing 8.3% yoy to S$62.1 million due to a
combination of organic growth at existing clinics and overall lower patient volume in
FY2020 where non-essential medical services were deferred, and certain clinics were
temporarily closed" .
Above is an extract from Annual Report

Note: SMG revenue/profit are from 3 sectors:
1. Diagnostic n Aesthetics
2. Health sector
3. Others

For info only. Vested!
 
 
 
josephyeo
    18-Apr-2022 15:50  
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Singapore Medical Group
 
Diagnostic and Aesthetics segment, driven by strong domestic demand, grew 29.8% yoy to
S$38.4 million. To add further fuel to this growth, we also made the strategic and timely decision 
  to increase the capacity within our diagnostics vertical by 20% in May 2021.

The diagnostic and aesthetics sector is doing well and should be doing even better w the lifting of
covid restrictions which encourage medical tourism.

For info only. Vested!
 
 
josephyeo
    14-Apr-2022 09:04  
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Singapore Medical Group

Despite the absence of medical tourism which normally contribute
15% to 20% of annual revenue, the company was able to achieve
all time high in both revenue and profits.

For info only. Vested!
 
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