Boustead Singapore

Boustead Singapore started a new business group Healthcare Technology with the acquisition of WhiteRock in june 2018. So the strategic direction is there, but it seems to lack execution. My guess is that there were not many healthcare related take-over targets for a reasonable purchase price these last two years. These type of companies were not exactly cheap on the stock market either in this period. Let's see if Boustead can take advantage of the recent turn-down in stock prices.

https://www.boustead.sg/Boustead%20Annou...panies.pdf

WRI’s core business of providing rehabilitation products and services have seen a shift from general rehabilitation to rehabilitation of chronic disease patients covering cardiac, stroke, diabetic, orthopaedic and frail conditions. This shift is in tandem with the growth in aging population and extension of the care continuum from acute to long-term care comprising of community hospitals, nursing homes, day outpatient care centres and home care.

EchoHealth serves as a company to provide rehabilitation services, training and education to healthcare facilities. It runs three rehabilitation centres currently and has conducted rehabilitation education courses for over 1,600 health professionals in 2019.

Boustead should capitalize on the current health crisis to venture into equipment that is highly sought after in this crisis. Look at Dyson.

Coronavirus: Britain orders ventilators from vacuum cleaner maker Dyson as F1 teams ramp up output of current models

https://www.straitstimes.com/world/europ...tand-ready

Most companies were forced to build masks or ventilators. They were forced to do national service. Do you think Dyson selling ventilators can fetch it 50% margin like its other products? I seriously doubt so.

If ventilators can arrest the death rate and reverse the markets and human psychology, it is worth making it at a loss. From strictly investor's perspective.

(28-03-2020, 10:39 AM)Bibi Wrote: Most companies were forced to build masks or ventilators. They were forced to do national service. Do you think Dyson selling ventilators can fetch it 50% margin like its other products? I seriously doubt so.

Thought Dyson was once vilified for shifting their HQ to Singapore?
Maybe they are doing some damage control.

As the saying goes, "Take care of your Regulator's customers and your Regulator will take care of you". Lower profit margins are a good trade-off any day for the long term favorable position of your Regulator. Well, at least if my surname ends with dyson (unfortunately, it doesn't), i would be too glad to help.

https://links.sgx.com/1.0.0/corporate-an...chment.pdf

Clear strategic move into health care sector !


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(02-04-2020, 08:32 AM)Curiousparty Wrote: https://links.sgx.com/1.0.0/corporate-an...chment.pdf

Clear strategic move into health care sector !


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like that also can....haha....his last job is Perennial leh...not a great stint there....

https://on.mktw.net/343QqTg Check out this article from MarketWatch - Oil prices surge nearly 10% after Trump says Russia-Saudi feud can be resolved and as China reportedly builds reserves

Good news !!!


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How was the news good when oil prices plunge > 50% but up only 10%? And Trump tweets are unreliable. Rem he said USA wont be affected by covid in Feb? Oil price will remain in at most $50 to 60 for a few more years to come.

"Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President Putin of Russia, & I expect & hope that they will be cutting back approximately 10 Million Barrels, and maybe substantially more which, if it happens, will be GREAT for the oil & gas industry!" he tweeted, referring to Saudi Crown Prince Mohammed bin Salman.

"Could be as high as 15 Million Barrels. Good (GREAT) news for everyone!" Trump added.

Just to put into context: Aramco produces 12m bpd. So maybe Trump is saying to cut 1 day supply