ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Singapore Listed Companies › R - R
Raffles Medical Group

Raffles Medical Group

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
vesfreq Offline
Entrepreneur
***
Posts: 212
Threads: 4
Joined: Sep 2014
Reputation: 8
#41
24-02-2015, 02:58 PM
Anyone monitoring this counter?

The price movement is quite erratic. Went up above 4 and then dived below 3.90. Huh
The thing I am scared most is not nightmares or market crashes..... Its my greed that I fear the most.

When people ask what is my target price, I never have any good answer for it because Philip Fisher said before (in Common Stock Uncommon Profit) that the best time to sell is never. Equity investment is buying into ownership, not betting slips.

The path to greatness and wealth is necessarily dangerous.... because greed is a fearsome fore that threatens your success at every step.
Find
Reply
csl123 Offline
Member
***
Posts: 116
Threads: 1
Joined: Jul 2011
Reputation: 5
#42
24-02-2015, 10:11 PM
(24-02-2015, 02:58 PM)vesfreq Wrote: Anyone monitoring this counter?

The price movement is quite erratic. Went up above 4 and then dived below 3.90. Huh

Price fluctuations after earnings announcements are quite common. It could be due to selling pressures from big funds (Look at the relatively high vol traded). Nothing of major concerns as fluctuations is approximately 3-4%.
Find
Reply
Shrivathsa Offline
Member
***
Posts: 329
Threads: 20
Joined: Apr 2012
Reputation: 8
#43
31-08-2015, 02:56 PM
(20-12-2014, 06:47 PM)heifien91 Wrote: Investment Thesis:
- Despite Raffles Medical Group’s fundamentals and strong economic moat, we believe paying a premium of 56%% based on current market prices to be unjustified.
- Stronger growth in Healthcare segment from FY2016E onwards with potential risks from competition within the region.

Full Report: Here

Looking at the performance over the last 9 months, it is clear that RMG has out-performed the STI.

Attached is the relative performance screen-grab.

The relative difference in terms of performance is around 22%.

I do understand that you had indicated that this call needs to be judged over 3 years.

In the first quarter of the 3 year period , i.e. after the first nine months, this call so far has not panned out.


Attached Files Thumbnail(s)
   
Disclaimer :-

I am not an investment professional.

I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.

Nothing written here is an invitation to buy or sell any particular stock.

At most, I am handing out an educated guess as to what the markets may do.

The market will always find a new way to make a fool out of me (and maybe, even you!).

Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.

I am not immune to that, so please understand that any past success of mine will probably be followed by failures
Website Find
Reply
greengiraffe Offline
Posting Freak
*****
Posts: 8,305
Threads: 496
Joined: Jul 2011
Reputation: 60
#44
11-11-2015, 08:27 AM
Costs is seriously becoming a big problem in Singapore

http://www.businesstimes.com.sg/governme...ism-appeal
Find
Reply
snapsnap Offline
Member
***
Posts: 59
Threads: 7
Joined: Oct 2015
Reputation: 0
#45
23-11-2015, 12:18 PM
23 Nov 2015 - Raffles Medical raised to ‘buy’ by OCBC with unchanged target price of $4.59.
http://www.theedgemarkets.com/sg/article...-price-459
Find
Reply
Muser Offline
Junior Member
**
Posts: 31
Threads: 0
Joined: May 2014
Reputation: 2
#46
23-11-2015, 01:01 PM
(23-11-2015, 12:18 PM)snapsnap Wrote: 23 Nov 2015 - Raffles Medical raised to ‘buy’ by OCBC with unchanged target price of $4.59.
http://www.theedgemarkets.com/sg/article...-price-459

Too pricey, though a great company with strong earnings and good management. 

Better to wait for a price drop, a temporary setback or some other headwind
Find
Reply
grubb Offline
Member
***
Posts: 112
Threads: 1
Joined: Apr 2013
Reputation: 6
#47
23-11-2015, 01:45 PM
All hospitals stocks in the region are priced similarly, but RMG is more expensive IMO. I feel the expansion of its Bugis hospital, the new Holland V medical centre cum retail mall, and the China JVs are overhyped. Competition is increasing in both local and overseas market. Either go overseas (short to mid term pain), concentrate on local market (costs increase, slower growth), or just go private.
Find
Reply
brattzz Offline
Posting Freak
*****
Posts: 2,512
Threads: 24
Joined: Sep 2010
Reputation: 19
#48
22-02-2016, 05:51 PM
clever move, stock split - 3 to 1, increase share based 3x! Tongue
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
Find
Reply
money Offline
Senior Member
****
Posts: 514
Threads: 1
Joined: Dec 2010
Reputation: 6
#49
23-02-2016, 12:56 PM
(22-02-2016, 05:51 PM)brattzz Wrote: clever move, stock split - 3 to 1, increase share based 3x! Tongue

Net profits didn't show increase so must make it up with a stock split to please shareholders. But at the very least, management bother to please shareholders, kudos to them. For a p/e of 30, any slow down in growth of revenue or profits can be disastrous
Find
Reply
Caelitus Offline
Member
***
Posts: 100
Threads: 0
Joined: Oct 2012
Reputation: 3
#50
23-02-2016, 06:01 PM
(23-02-2016, 12:56 PM)money Wrote:
(22-02-2016, 05:51 PM)brattzz Wrote: clever move, stock split - 3 to 1, increase share based 3x! Tongue

Net profits didn't show increase so must make it up with a stock split to please shareholders. But at the very least, management bother to please shareholders, kudos to them. For a p/e of 30, any slow down in growth of revenue or profits can be disastrous

I wonder why RMG wants to split the stock. Market capitalisation remains the same. Other than shareholders who will have more shares to trade, I do not see how it will please shareholders? Making it more liquid by dividing share price by 3?
Find
Reply


Forum Jump:


Users browsing this thread: 4 Guest(s)