Post Reply
201-220 of 657
.....close at today high please!
Vested! Can clear the 55 or not?
samudra ( Date: 20-Sep-2016 12:14) Posted:
|
Target price for 60 cents by KGI Fraser.............huat ah........
KGI Fraser' s target price of 60c should be reached soon!
SINGAPORE (Sept 15): KGI Fraser is initiating coverage on private healthcare operator Health Management International (HMI) with a &ldquo buy&rdquo call at a target price of 60 cents.
Aside from a healthcare training institute based in Singapore, HMI owns and operates two tertiary hospitals in Malaysia with a 61% and 49% respective stake in Regency Specialist Hospital (RSH) in Johor and Mahkota Medical Centre (MMC) in Malacca.
In a Wednesday report, analyst Joel Ng says he expects RSH to be the group&rsquo s main growth driver over the next 2-3 years after doubling its existing bed capacity by FY19, due to its proximity to Johor&rsquo s industrial and residential areas, as well as the group&rsquo s plans to grow its medical tourism segment. He also believes the hospital&rsquo s 19.8% EBITDA margin, compared to MMC&rsquo s 27.5%, means group EBITDA margins have upside to increase.
&ldquo As developing countries in SEA struggle with a relatively underdeveloped public healthcare system, private healthcare providers such as HMI are well positioned to meet the growing healthcare demand,&rdquo says Ng, noting MMC&rsquo s current estimated 10% share of Malaysia&rsquo s medical tourist market.
Noting that healthcare costs in Malaysia can amount to almost 50% cheaper than in Singapore, Ng is confident that HMI makes for an attractive destination for medical tourists.
Indonesians are a particular key driver as they contribute to 60% of total medical tourism spending in Malaysia to represent the majority of the nation&rsquo s medical tourists. The analyst expects this consumer group to continue doing so in the next 3-5 years as their affluence grows.
&ldquo Malaysia&rsquo s appeal is also driven by [Malaysia and Indonesia&rsquo s] close geographical proximity, cultural similarities and quality of healthcare services,&rdquo he adds.
Shares of HMI closed 1.9% higher at 54 cents.
Hmi 0.555 break new high in the early morning!! Great
healthcare cost is spiraling all over singapore, malaysia and the surrounding region. Good to buy into good halthcare counters. One of them is hmi
Today Hmi very active and break new high 0.525 !
Tp 0.550 ! Maybe...
francisd ( Date: 02-Sep-2016 10:10) Posted:
|
All medical counters should do well...ZIKA effect. (positive effect).
HMI will benefit on either side of the causeway.
Cheers.
Any TP for this counter....looks good.
Cheers
Not Vested.
samudra ( Date: 31-Aug-2016 23:19) Posted:
|
Operating model quite different from Raffles. Hospital running operation in Msia, parent watching across the strait.
HMI an undervalue stock ?
Raffles Medical also started from low $0.40s many years back. HMI is quite tightly held with the major shareholder controlling about 54%.
Looking from the low it may seem high. Who knows somewhere in the future one may look back and says it so low now. Hopefully not vice versa haha
Looking from the low it may seem high. Who knows somewhere in the future one may look back and says it so low now. Hopefully not vice versa haha
HMI closed at record high at 0.51 cents with high volume at 11.6 million shares done. Anyone know the reason for the extremely increase in price. Hooray and cheers to those vested. More good years to come.
Health Management Int' l - Under-the-radar hospital group (NOT RATED, SGD0.48, HMI SP, Healthcare)
HMI operates two hospitals in Malaysia and is the only group that offers Singapore&rsquo s independent practice model, which appeals to top doctors. Singapore&rsquo s management has delivered notable results, core earnings and operating cash flow grew at a 3-yr CAGR of 57% and 44%. It will continue organic expansions and is evaluating various inorganic options. HMI trades at 27x forward P/E (based on management&rsquo s target of at least 10% YoY growth) vs peers&rsquo average of 41x, implying a 34% discount.
Can NextInsight please write an article for Singtel! 15% for a single article!
TQ =)
rayoflight ( Date: 29-Aug-2016 16:49) Posted:
|
Congrats Jessliew. Hope your tensions are now eased :)
I' m out, sold all at 47cts. Bought between 5cts-20cts years ago. Congrats to all.
jessliew ( Date: 29-Aug-2016 16:03) Posted:
|
46.5cents already.. Just keep???? Hahaha
Any advise???
Any advise???