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I forsee more upside for Asiamedic
teeth53 ( Date: 03-Jun-2015 19:08) Posted:
Templeton Asset Mgt were once rejected price offer for AsiaPharm back then in 2008.
Background News to why Luye is inrerest on -- listed AsiaPharm Group.
Templeton fund mgr, which owns about 4% of AsiaPharm's, said offer from LuYe Pharmaceutical, a unit of Asia-focused buyout firm MBK Partners (MBK), substantially undervalues AsiaPharm's shares.
LuYe Pharmaceutical offered S$0.725 per AsiaPharm share, about 14% above its closing price of S$0.635 on Jan 31, 2008 --
So that happened way back in 2008. Today such counter as in medical stock is cheap n ready for takeover.
ozone2002 ( Date: 03-Jun-2015 15:50) Posted:
Luye is formerly known as AsiaPharm? hmmmmmmmmmm...very interesting..
teeth53.. i bet that name rings a bell
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Templeton Asset Mgt were once rejected price offer for AsiaPharm back then in 2008.
Background News to why Luye is inrerest on -- listed AsiaPharm Group.
Templeton fund mgr, which owns about 4% of AsiaPharm's, said offer from LuYe Pharmaceutical, a unit of Asia-focused buyout firm MBK Partners (MBK), substantially undervalues AsiaPharm's shares.
LuYe Pharmaceutical offered S$0.725 per AsiaPharm share, about 14% above its closing price of S$0.635 on Jan 31, 2008 --
So that happened way back in 2008. Today such counter as in medical stock is cheap n ready for takeover.
ozone2002 ( Date: 03-Jun-2015 15:50) Posted:
Luye is formerly known as AsiaPharm? hmmmmmmmmmm...very interesting..
teeth53.. i bet that name rings a bell
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AsiaMedic closed at 0.11c +0.043c or +64.179% with volume of 17,485,000 mil shr changed hands.
Luye is formerly known as AsiaPharm? hmmmmmmmmmm...very interesting..
teeth53.. i bet that name rings a bell
Their style is like Moya Asia
teeth53 ( Date: 03-Jun-2015 12:34) Posted:
| http://sgtalk.org/mybb/Thread-Lai-lai-arhh-Penny-s-play-is-most-profitable-to-play?page=6 |
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http://sgtalk.org/mybb/Thread-Lai-lai-arhh-Penny-s-play-is-most-profitable-to-play?page=6
Do u know.hypocol ??..their products....listed in hk...buy luye better than asia.medic....lol
VINUASAM ( Date: 03-Jun-2015 11:39) Posted:
What do Luye do? how can they add value to asia medic? better to hold now since they see a value in the company?
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The same goes to any under value stock play (It can be any counter...one health counter is Healthway.)
teeth53 ( Date: 03-Jun-2015 11:39) Posted:
ST News paper reported. The price works out to a premium of 169 per cent of the stock's closing price of 6.7 cents as of yesterday.
Perhap this counter is not notice n is under value played by mkt players. So when others healthy parties comes in to buy over. It has to elevate a more appropriate price. |
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ST News paper reported. The price works out to a premium of 169 per cent of the stock's closing price of 6.7 cents as of yesterday.
Perhap this counter is not notice n is under value played by mkt players. So when others healthy parties comes in to buy over. It has to elevate a more appropriate price.
What do Luye do? how can they add value to asia medic? better to hold now since they see a value in the company?
Why would Luye wanna pay such a high premium for Asiamedic? 18c!
teeth53 ( Date: 03-Jun-2015 11:02) Posted:
AsiaMedic: Sale Of 28.15% Stake At S$0.18 Per Share By Substantial Shareholder & Director.
02 Jun 2015 17:29AsiaMedic Limited has been informed by Grandiflora Pte. Ltd. and Mr. Tan Wang Cheow that the Vendors have entered into a sale and purchase agreement with Luye Medicals Group Pte. Ltd.
Pursuant to which the Vendors have agreed to sell, and the Purchaser has agreed to purchase, an aggregate of 95,431,396 ordinary shares representing approximately 28.15% of the issued and paid-up share capital of the Company at a price of $0.18 per share.
The Vendors have further informed the Board that the sale and purchase of the abovementioned shares is expected to be completed on 3 June 2015... |
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The Complete Healthcare International clinic in east coast has closed down due to poor business
Last:
0.117 Vol:
9353k 
+0.05
paitence has paid off
ozone2002 ( Date: 28-Aug-2014 11:02) Posted:
| ASIAMEDIC: Stronger 2H revenue in the making |
Written by Leong Chan Teik
Thursday, 28 August 2014 06:33
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 Dr Wong Weng Hong became CEO of AsiaMedic in March 2012.
Photo by Leong Chan Teik.ASIAMEDIC is expected to report stronger 2H revenue year-on-year after incurring a S$97,000 net loss in 1H despite a 35% rise in revenue to S$8.9 m.
Despite start-up losses for its cord-blood business and a new clinic in 1H this year, the Group' s bottomline was an improvement over the $190,000 loss reported for 1H2013.
Its CEO, Dr Wong Weng Hong, said at a results briefing this week that the 2H could see:
&bull Continued rise in the utilisation of its Magnetic Resonance Imaging (MRI) machines and Positron Emission Tomography (PET) scanners.
&bull Higher revenue leading to possibly a small profit from its 25%-owned cord-blood banking JV start-up, Cryoviva Singapore.
&bull Higher revenue, and lower losses, from its new GP clinic in East Coast Road.
&bull Narrowing losses in 2 China medical centres.
&bull Higher cashflow from operations.
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Radiology services
Operating out of Shaw House in Orchard Road, AsiaMedic installed its third MRI machine at the start of this year, raising its handling capacity to about 48 patients a day in total.
The utilisation rate of the aggregate capacity has risen to about 80%, buoyed by growing demand from an aging population in Singapore and a shortage of MRI machines in the market due to their high capital costs and large space requirements.
 AsiaMedic has installed a third MRI machine costing S$1 million at the start of this year at its medical centre in Shaw House.
Photo: CompanyThere is also significant potential for strong revenue growth in its PET scan service as AsiaMedic has reorganised its marketing team to step up the marketing of its PET service to government specialists.
Government hospitals have started to refer more patients to AsiaMedic in May/June this year for PET scanning, said Dr Wong.
The result: From 50%, the utilisation rate of its PET capacity has gone up to 70%, and Dr Wong said it' s not impossible to hit 110% by extending the operating hours for the scanner.
Government hospitals are seeing high demand for their in-house scanners, which are used in cancer diagnosis and treatment.
At AsiaMedic, for private sector patients, PET scans cost $2,100 each while MRI scans, upwards of $700.
Cord blood bank
25%-owned Cryoviva Singapore started business in Feb this year as the third private player in Singapore along with Cordlife and Stemcord.
Start-up losses at Cryoviva accounted for most of the $46,190 decrease in AsiaMedic' s 1H share of profits from associates. However, Cryoviva is now close to breaking even on a monthly basis, said Dr Wong.
 Occupying 2,000 sq ft, CHI' s second clinic opened in April this year on East Coast Road. Photo: CompanyNew CHI clinic
Similar to the experience of Cryoviva, 80%-owned Complete Healthcare International (CHI) had start-up losses from a clinic it opened in April this year on East Coast Road while it built up a customer base of mainly expatriates.
" Typically, it takes between 6 months and 12 months for a clinic to break even," explained Dr Wong.
China business
Via a convertible loan, AsiaMedic has an interest in a polyclinic and a post-natal centre. When the business breaks even consistently, AsiaMedic intends to take a majority equity stake in it -- probably this year or early next year, said Dr Wong. AsiaMedic is also looking to open more post-natal centres in China.
Cash inflow
After recording S$535,836 in cash inflow from operations in 1H compared to an outflow of $18,492 in 1H13, AsiaMedic is expected to continue to enjoy positive operating cashflow in 2H.
And it continues to look for acquisitions, said Dr Wong. In addition, it is weighing plans for opening another GP clinic under CHI and another aesthetics clinic, and expanding the space for its health-screening business (which has increased by 60% over the past 3 years) in Shaw House.
Then there' s also the call option it has to raise its 25% stake in Cryoviva Singapore to 49%.
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AsiaMedic: Sale Of 28.15% Stake At S$0.18 Per Share By Substantial Shareholder & Director.
02 Jun 2015 17:29AsiaMedic Limited has been informed by Grandiflora Pte. Ltd. and Mr. Tan Wang Cheow that the Vendors have entered into a sale and purchase agreement with Luye Medicals Group Pte. Ltd.
Pursuant to which the Vendors have agreed to sell, and the Purchaser has agreed to purchase, an aggregate of 95,431,396 ordinary shares representing approximately 28.15% of the issued and paid-up share capital of the Company at a price of $0.18 per share.
The Vendors have further informed the Board that the sale and purchase of the abovementioned shares is expected to be completed on 3 June 2015...
what will happen to this counter when SGX kick-in the 20 cent rule ?
| ASIAMEDIC: Stronger 2H revenue in the making |
Written by Leong Chan Teik
Thursday, 28 August 2014 06:33
|
Dr Wong Weng Hong became CEO of AsiaMedic in March 2012.
Photo by Leong Chan Teik.ASIAMEDIC is expected to report stronger 2H revenue year-on-year after incurring a S$97,000 net loss in 1H despite a 35% rise in revenue to S$8.9 m.
Despite start-up losses for its cord-blood business and a new clinic in 1H this year, the Group' s bottomline was an improvement over the $190,000 loss reported for 1H2013.
Its CEO, Dr Wong Weng Hong, said at a results briefing this week that the 2H could see:
&bull Continued rise in the utilisation of its Magnetic Resonance Imaging (MRI) machines and Positron Emission Tomography (PET) scanners.
&bull Higher revenue leading to possibly a small profit from its 25%-owned cord-blood banking JV start-up, Cryoviva Singapore.
&bull Higher revenue, and lower losses, from its new GP clinic in East Coast Road.
&bull Narrowing losses in 2 China medical centres.
&bull Higher cashflow from operations.
|
Radiology services
Operating out of Shaw House in Orchard Road, AsiaMedic installed its third MRI machine at the start of this year, raising its handling capacity to about 48 patients a day in total.
The utilisation rate of the aggregate capacity has risen to about 80%, buoyed by growing demand from an aging population in Singapore and a shortage of MRI machines in the market due to their high capital costs and large space requirements.
AsiaMedic has installed a third MRI machine costing S$1 million at the start of this year at its medical centre in Shaw House.
Photo: CompanyThere is also significant potential for strong revenue growth in its PET scan service as AsiaMedic has reorganised its marketing team to step up the marketing of its PET service to government specialists.
Government hospitals have started to refer more patients to AsiaMedic in May/June this year for PET scanning, said Dr Wong.
The result: From 50%, the utilisation rate of its PET capacity has gone up to 70%, and Dr Wong said it' s not impossible to hit 110% by extending the operating hours for the scanner.
Government hospitals are seeing high demand for their in-house scanners, which are used in cancer diagnosis and treatment.
At AsiaMedic, for private sector patients, PET scans cost $2,100 each while MRI scans, upwards of $700.
Cord blood bank
25%-owned Cryoviva Singapore started business in Feb this year as the third private player in Singapore along with Cordlife and Stemcord.
Start-up losses at Cryoviva accounted for most of the $46,190 decrease in AsiaMedic' s 1H share of profits from associates. However, Cryoviva is now close to breaking even on a monthly basis, said Dr Wong.
Occupying 2,000 sq ft, CHI' s second clinic opened in April this year on East Coast Road. Photo: CompanyNew CHI clinic
Similar to the experience of Cryoviva, 80%-owned Complete Healthcare International (CHI) had start-up losses from a clinic it opened in April this year on East Coast Road while it built up a customer base of mainly expatriates.
" Typically, it takes between 6 months and 12 months for a clinic to break even," explained Dr Wong.
China business
Via a convertible loan, AsiaMedic has an interest in a polyclinic and a post-natal centre. When the business breaks even consistently, AsiaMedic intends to take a majority equity stake in it -- probably this year or early next year, said Dr Wong. AsiaMedic is also looking to open more post-natal centres in China.
Cash inflow
After recording S$535,836 in cash inflow from operations in 1H compared to an outflow of $18,492 in 1H13, AsiaMedic is expected to continue to enjoy positive operating cashflow in 2H.
And it continues to look for acquisitions, said Dr Wong. In addition, it is weighing plans for opening another GP clinic under CHI and another aesthetics clinic, and expanding the space for its health-screening business (which has increased by 60% over the past 3 years) in Shaw House.
Then there' s also the call option it has to raise its 25% stake in Cryoviva Singapore to 49%.
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price up fast but no vol to back it up
looks like hot air
try to collect at 085
doufei ( Date: 03-Jan-2013 12:08) Posted:
| This counter is very hot today. Price up fast. Any reason? |
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Great ready to fly!!!!
Cryoviva Singapore, a joint venture company between
Cryoviva International and SGX-Catalist listed AsiaMedic, set
up in July last year to meet the rising demand for cord blood
banking services, is licensed to run Singapore?s third cord
blood bank. Cryoviva Singapore Laboratory Services has
appointed the Singapore Cord Blood Bank to contract
process and store all its cord blood units. Spurred by an
improved understanding and better treatment protocols
using stem cell therapy, cord blood banking is now one of
the fastest growing segments of the healthcare industry. It
was valued at US$12.40 bn in 2012 and is expected to
grow at a CAGR (Compound Annual Growth Rate) of 5.6%
from 2013 to 2019, to reach an estimated value of
US$15.23 bn in 2019, according to Transparency Market
Research.
Surprisingly, Anthoni Salim, CEO of Indofood which took CMZ private, is also vested in Asia medic
since 2005. With the progress that Asiamedic is making and the heavyweight backing of Indo's richest
man, i'm pretty sure its price will gain from here on.
gd luck dyodd
Buyer coming but didn't buy me
