AsiaMedic    Last:0.023   -

AsiaMedic

It seems you already trying to draw a conclusion.. what' s ur definition of result will be positive?

profit will be positive but it may fall short of expectation 

am just offering a view of the medical market...

josephyeo      ( Date: 03-Aug-2025 16:50) Posted: lets look at the forthcoming results then draw a conclusion. On my side, I am quite sure that the results will be positive though i stand corrected. Jimeagle      ( Date: 03-Aug-2025 12:10) Posted: Need to take into account the challenges the private sector is facing post covid: attrition of medical tourism, shift of patients to public hospitals due to HSG, restrictions set upon by insurers.. there will also be additional expenses to be incurred due to the new centre..  not sure if there will be increase patients load in view of the above challenges

 

lets look at the forthcoming results then draw a conclusion.
On my side, I am quite sure that the results will be positive though i stand corrected.

Jimeagle      ( Date: 03-Aug-2025 12:10) Posted: Need to take into account the challenges the private sector is facing post covid: attrition of medical tourism, shift of patients to public hospitals due to HSG, restrictions set upon by insurers.. there will also be additional expenses to be incurred due to the new centre..  not sure if there will be increase patients load in view of the above challenges    josephyeo      ( Date: 03-Aug-2025 11:46) Posted: AsiaMedic shld be releasing its result around mid Aug ' 25                     In a normal year, the company is making around 2 mil per year as seen in   year ' 22 and year ' 23 where the profit was S$2.1 mil and S$1.9 mil respectively.   Year ' 24, the profit dropped to S$1.0 mil. Main causes for the lower profits were: 1) opening of new centre - Novena Centre         2) expansion of capacity at Shaw House         3) investment in new talent n technology         4) other costs - legal, consultations etc                         Year ' 25 will likely be much better year:         1) its free from the expenses as numerated above - new centre, expansion of capacity etc 2) it has a much higher capacity w the new centre       3) 2nd half 2024, the company was already enjoying a profit of 1.1 mil                   Above are just my guesses. Pls dyodd as I could be wrong in my " guess" .

 

Need to take into account the challenges the private sector is facing post covid: attrition of medical tourism, shift of patients to public hospitals due to HSG, restrictions set upon by insurers..

there will also be additional expenses to be incurred due to the new centre.. 

not sure if there will be increase patients load in view of the above challenges 

 

josephyeo      ( Date: 03-Aug-2025 11:46) Posted: AsiaMedic shld be releasing its result around mid Aug ' 25                     In a normal year, the company is making around 2 mil per year as seen in   year ' 22 and year ' 23 where the profit was S$2.1 mil and S$1.9 mil respectively.   Year ' 24, the profit dropped to S$1.0 mil. Main causes for the lower profits were: 1) opening of new centre - Novena Centre         2) expansion of capacity at Shaw House         3) investment in new talent n technology         4) other costs - legal, consultations etc                         Year ' 25 will likely be much better year:         1) its free from the expenses as numerated above - new centre, expansion of capacity etc 2) it has a much higher capacity w the new centre       3) 2nd half 2024, the company was already enjoying a profit of 1.1 mil                   Above are just my guesses. Pls dyodd as I could be wrong in my " guess" .

 

AsiaMedic shld be releasing its result around mid Aug ' 25
In a normal year, the company is making around 2 mil per year as seen in
year ' 22 and year ' 23 where the profit was S$2.1 mil and S$1.9 mil respectively.
Year ' 24, the profit dropped to S$1.0 mil. Main causes for the lower profits were:
1) opening of new centre - Novena Centre
2) expansion of capacity at Shaw House
3) investment in new talent n technology
4) other costs - legal, consultations etc
Year ' 25 will likely be much better year:
1) its free from the expenses as numerated above - new centre, expansion of capacity etc
2) it has a much higher capacity w the new centre
3) 2nd half 2024, the company was already enjoying a profit of 1.1 mil
Above are just my guesses. Pls dyodd as I could be wrong in my " guess" .

 

Singapore is on track to become a " super-aged" society in 2026, a designation achieved
when 21% or more of its population is aged 65 and above, a threshold it is projected to cross
that year. This transition marks a significant demographic shift for the nation, which became
an " aged" society in 2017 and is expected to see one in four citizens aged 65 or older by 2030

 

Not necessarily so.

But I guess business is recovering.

Doubt very profitable.

Maybe just break even

superstartup      ( Date: 25-Jul-2025 14:29) Posted: 1H 24 (Last Year) made a loss. 2H 24 turns profitable. So upcoming result should be profitable too. And if so, expect a Positive Profit Alert. later today or next week. Also if as per your analysis, with no more certain huge expenses, then the profit quantum should be much better. As always, please perform your own DD. I have yet to fully digest the financial details / Biz Ops. josephyeo      ( Date: 24-Jul-2025 20:10) Posted: Company shld be reporting it' s 1st half year results in mid Aug I am expecting a very good set of results compared agains last year same period. Just my guess, pls dyodd.

 

1H 24 (Last Year) made a loss.
2H 24 turns profitable.

So upcoming result should be profitable too.
And if so, expect a Positive Profit Alert. later today or next week.
Also if as per your analysis, with no more certain huge expenses, then the profit quantum should be much better.

As always, please perform your own DD.
I have yet to fully digest the financial details / Biz Ops.

josephyeo      ( Date: 24-Jul-2025 20:10) Posted: Company shld be reporting it' s 1st half year results in mid Aug I am expecting a very good set of results compared agains last year same period. Just my guess, pls dyodd.

 

It will be nice if they include a dividend. 

josephyeo      ( Date: 24-Jul-2025 20:10) Posted: Company shld be reporting it' s 1st half year results in mid Aug I am expecting a very good set of results compared agains last year same period. Just my guess, pls dyodd.

 

Company shld be reporting it' s 1st half year results in mid Aug
I am expecting a very good set of results compared agains last
year same period. Just my guess, pls dyodd.

 

Am looking forward to 1st half results in mid August.

josephyeo      ( Date: 24-Jul-2025 07:31) Posted: Reasons why I am vested: 1) revenue growth w increase capacity, new technology, higher awareness of preventive medicine. an aging population n participation in Grow Well  Sg etc 2) profit growth mainly from the absence of other expenses mentioned in previous posting. Growth will also come from increased patronage and Grow Well Sg program. 3) An aging population and a growing awareness in preventive medicine and gov' t supports will see more people going for check ups n health screening. A note on Grow Well Sg -  On 21 January 2025, Grow Well SG, a national health promotion strategy was launched to enhance preventive care and inculcate healthier lifestyles in children and adolescents.  As a provider of onsite school health screening services, the Group will support  Grow Well SG&rsquo s Child Health Plan initiative which will be progressively rolled out for  students in Primary 1 to Primary 3.

 

Livingstone also growing...

Feb 2025 ->

FY2025 Financial Results Livingstone Health returns to profit in FY2025, driven by operational streamlining and primary care expansion

&bull Reports revenues of S$27.6 million and positive operating cash flows of S$3.9 million for FY2025
&bull Posts net profit attributable to owners of the Company of approximately S$557,000 for FY2025, reversing FY2024 loss of S$2.9 million &bull Expanded primary healthcare segment via strategic acquisition of founding doctors&rsquo shares in Phoenix Medical Group

 

nice 20 hit... keep it steady above 20 

 

micropenny small cap show time? lets see can hit 20 

 

Thank you for your views. Lets see what happen when the
company reports its results in mid August.

 

Not sure if you look into other external factors to the company.. in medical, the private sector has been facing various challenges such as drop in foreign patients, tightening of insurance claims and shift of patients to the public hospitals... majority of patients visiting radiology centers are adults, and I don' t see how grow well sg will benefit asiamedic. In fact, government initiative such as healthier SG is pullling patients from the private sector to the public hospitals. The private environment for healthier is facing multiple challenges 

josephyeo      ( Date: 24-Jul-2025 07:31) Posted: Reasons why I am vested: 1) revenue growth w increase capacity, new technology, higher awareness of preventive medicine. an aging population n participation in Grow Well  Sg etc 2) profit growth mainly from the absence of other expenses mentioned in previous posting. Growth will also come from increased patronage and Grow Well Sg program. 3) An aging population and a growing awareness in preventive medicine and gov' t supports will see more people going for check ups n health screening. A note on Grow Well Sg -  On 21 January 2025, Grow Well SG, a national health promotion strategy was launched to enhance preventive care and inculcate healthier lifestyles in children and adolescents.  As a provider of onsite school health screening services, the Group will support  Grow Well SG&rsquo s Child Health Plan initiative which will be progressively rolled out for  students in Primary 1 to Primary 3.

 

Reasons why I am vested:
1) revenue growth w increase capacity, new technology, higher awareness of preventive medicine.
an aging population n participation in Grow Well  Sg etc
2) profit growth mainly from the absence of other expenses mentioned in previous posting. Growth
will also come from increased patronage and Grow Well Sg program.
3) An aging population and a growing awareness in preventive medicine and gov' t supports will
see more people going for check ups n health screening.

A note on Grow Well Sg - 

On 21 January 2025, Grow Well SG, a national health promotion strategy was launched
to enhance preventive care and inculcate healthier lifestyles in children and adolescents.
As a provider of onsite school health screening services, the Group will support
Grow Well SG&rsquo s Child Health Plan initiative which will be progressively rolled out for
students in Primary 1 to Primary 3.

 

AsiaMedic is a thinly traded counter below the radar of most investors.
The revenue trend of the company is quite good. It has been growing
for 4 years continuosly. Going forward it is likely to continue to grow,
as the population aged and  as the company had almost double its
capacity in its diagnostic imaging capacity
The profit trend, is inconsistent and have been  fluctuating between
S$1 mil to S$2 mil. The lower profit for year 2024  were mainly due to:
1) new set up at Novena Centre. This set up will nearly double the diagnostic
imaging capacity of the company
2) investments in new talent and new technology
3) expanded operation at Shaw House
Barring the above expenses, the profit of the company would be much better
4) other costs - legal, consultation etc
Current year result should be much better as it is free from the above costs.
yearly	FY' 21	FY' 22	FY' 23	FY' 24
revenue	18255	18882	23600	28914
np	715	2186	1920	1009