All the OUE and Lippo related, don' t touch la.
Only keep dropping.
As reported new wave of Covid cases to hit china again next month.. medical & hospital stocks could be in demand again..🧐 😷
n3wbie ( Date: 22-May-2023 16:45) Posted:
| Wonder why is the market suddenly so bullish on this with the China hospital opening? Raffles Med has opened in China a while back and took a number of years to stabilize operations... |
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Thank you for your cut loss.😀
henrymilton ( Date: 23-May-2023 08:45) Posted:
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Wonder why is the market suddenly so bullish on this with the China hospital opening? Raffles Med has opened in China a while back and took a number of years to stabilize operations...
Many Stale Bulls waiting to escape from the slaughterhouse.
Loan & Borrowing of S$450m, making the bulk of Total Liability of S$644.5m
Any near term profit will go into repaying loan in this High Interest Rate Environment.
May become the Next Lippo Mall.
Trade With Money You Can Spare!
True. For long-term investment only. Volumes too low, cannot punt.. dyodd 🧐
Volmax ( Date: 22-May-2023 10:14) Posted:
Punters Become " Long-Term Investors" .
Better cut loss and move to other counter, otherwise may have to wait till Prince Bay Hospital opening next year.
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Punters Become " Long-Term Investors" .
Better cut loss and move to other counter, otherwise may have to wait till Prince Bay Hospital opening next year.
Undervalued medical stock. Times to invest for longer terms. 🤞 🤞
Stocky901 ( Date: 18-May-2023 09:27) Posted:
| P/B value is very low. NAV is 0.049. Safe to buy now..🤔 |
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Not many contra players on this counter (15/5 Mon) long or short also not much benefit
Stocky901 ( Date: 19-May-2023 14:56) Posted:
Today t+3 contra throw out to mkt. You can short if you dare.🧐
Grubber ( Date: 19-May-2023 10:07) Posted:
| i thought you say buy , now change tone agai |
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Today t+3 contra throw out to mkt. You can short if you dare.🧐
Grubber ( Date: 19-May-2023 10:07) Posted:
i thought you say buy , now change tone again
Stocky901 ( Date: 18-May-2023 18:39) Posted:
| Selling still not dried up yet.. patience needed.🧐 |
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i thought you say buy , now change tone again
Stocky901 ( Date: 18-May-2023 18:39) Posted:
Selling still not dried up yet.. patience needed.🧐
easywin ( Date: 18-May-2023 10:30) Posted:
| Wait got volume than buy as direction not clear |
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Selling still not dried up yet.. patience needed.🧐
easywin ( Date: 18-May-2023 10:30) Posted:
Wait got volume than buy as direction not clear.
Stocky901 ( Date: 18-May-2023 09:27) Posted:
| P/B value is very low. NAV is 0.049. Safe to buy now..🤔 |
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Wait got volume than buy as direction not clear.
Stocky901 ( Date: 18-May-2023 09:27) Posted:
| P/B value is very low. NAV is 0.049. Safe to buy now..🤔 |
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Recall this news. A larger hospital to be commissioned next year 2024.. 🤞 🤞
SmallSmall ( Date: 17-Apr-2023 15:04) Posted:
OUE LIPPO HEALTHCARE TO OPERATE INTERNATIONAL MEDICAL CENTRE IN PARTNERSHIP WITH CHINESE UNIVERSITY OF HONG KONG &bull
CUHK to provide management consultancy services for the development, commissioning, clinical governance, and management of an international medical centre in Prince Bay Hospital
17 April 2023 &ndash OUE Lippo Healthcare Limited (&ldquo OUELH&rdquo or the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) announced today that they have entered into a service agreement with the Chinese University of Hong Kong (&ldquo CUHK&rdquo ) via its joint venture (&ldquo JV&rdquo ) company, China Merchants Lippo Hospital Management (Shenzhen) Limited (&ldquo CM Lippo&rdquo ). Under the service agreement, CUHK will provide management consultancy services for the development, commissioning, clinical governance, and management of an international medical centre (&ldquo Prince Bay IMC&rdquo ) in Shenzhen China Merchants-Lippo Prince Bay Hospital (the &ldquo Prince Bay Hospital&rdquo ) in Shekou, Shenzhen. 2 The Prince Bay IMC will be located within the premises of the Prince Bay Hospital, which is positioned as an international high-end general hospital serving the growing local affluent population in the Guangdong-Hong Kong-Macao Greater Bay Area (the &ldquo Greater Bay Area&rdquo ). With this partnership, CUHK will assist in the development of the Prince Bay IMC including manpower planning of doctors, development of clinical specialties, clinical governance, operating system and workflow development. CUHK will also facilitate the credentialing and provision of education for healthcare professionals providing services in the Prince Bay IMC, as well as the development of green channel for cross border referral to hospitals within the network of CUHK and its affiliated hospitals. Chief Executive Officer of OUELH, Mr Yet Kum Meng said, &ldquo This partnership with CUHK is a testament of our commitment to operate the Prince Bay Hospital based on international medical standards offering high-quality healthcare services for the residents in the Greater Bay Area. We believe that the medical expertise and international medical resources from CUHK will enhance the healthcare service offerings of Prince Bay Hospital and improve patient experience.&rdquo &ldquo We are delighted to partner with Shenzhen China Merchants-Lippo Prince Bay Hospital to help establish the Prince Bay IMC. This partnership is in line with our academic, research objectives and community spirit to bring world-class research and innovative solutions from CUHK to make tangible societal and economic impact,&rdquo remarked Professor Justin Wu Che Yuen, Associate Dean (Health Systems) from CUHK1 , who has been assigned to provide management consultancy services to the Prince Bay IMC. Prince Bay Hospital is expected to be commissioned in 2024 with more than 200 beds. |
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P/B value is very low. NAV is 0.049. Safe to buy now..🤔
OUE Healthcare shares surge after JV opens first hospital in Changshu, China
Shares in OUE Healthcare 5WA 0.00% opened at 3.5 cents apiece on May 16, 34.6% higher than the group&rsquo s last-closed price of 2.6 cents on May 15.
The surge came after OUE Healthcare announced that its joint venture (JV) opened its first hospital in Changshu, China, named Changshu Hospital.
Operated by OUE Healthcare&rsquo s JV company, China Merchants Lippo Hospital Management (Shenzhen) Limited, the 100-bed obstetrics and gynaecology (O& G) hospital is the first such hospital to be commissioned in the Chinese city. The hospital will be providing premium obstetrics, gynaecology, paediatrics and other related medical services to patients in Changshu, Suzhou, and the Yangtze River Delta region.
In addition, the hospital, which has a total gross floor area (GFA) of 23,000 sqm, has a 27-suite confinement centre that provides postpartum rehabilitative services. The hospital also has other ancillary medical services such as medical aesthetics.
China Merchants Lippo Hospital Management (Shenzhen) is the group&rsquo s 50:50 joint venture company with a subsidiary of China Merchants Shekou Industrial Zone Holdings (CMSK).
CMSK, in turn, is a member company of the state-owned Hong Kong-based conglomerate, China Merchants Group.
&ldquo I am glad our first JV hospital with China Merchants Group in China is located in Changshu, Suzhou - one of the most economically vibrant and pro-business locations in China. We hope to bring in best-in-class hospital care and services to meet the rising expectation of Chinese consumers based on international standards and Singapore&rsquo s clinical and care experience,&rdquo says Lee Yi Shyan, chairman of OUE Healthcare.
&ldquo We are excited with the opening of Changshu Hospital, which is an important milestone in our journey to build a regional healthcare ecosystem anchored on international medical quality and excellence. We believe that our holistic value proposition in providing a full spectrum of care services will meet the personalised needs of our patients and will set us apart from our peers,&rdquo adds Yet Kum Meng, CEO of OUE Healthcare.
Changshu is a county-level city under Suzhou in the Jiangsu province. According to OUE Healthcare, the city has achieved &ldquo steady economic growth&rdquo with its GDP for 2022 growing by 2.0% y-o-y to a record RMB277.4 billion ($53.29 billion), putting it among the top five prosperous cities in China.
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