Healthway Medical Corporation

[hurricane]

Do you think one should accept the cash offer or just let it lapse as the offer is such a paltry sum anyway. What are the possible consequences if one rejects the offer?  Thank you for any advice proffered.

[hh488]

Hi Administrator,

Wrong thread. HMI is not Healthway Medical. Pls put to correct thread. Tks.

[weijian]

Hi Administrator,

Wrong thread.  HMI is not Healthway Medical.  Pls put to correct thread.  Tks.

hi hh488,
Thanks. It has been done accordingly.

[cyclone]

Hi Administrator,

Wrong thread.  HMI is not Healthway Medical.  Pls put to correct thread.  Tks.

hi hh488,
Thanks. It has been done accordingly.

Thank you.

[wonghw12]

A good turnaround!

Results look solid with revenue up 45% and turning to a net profit of $5.4m for the first half despite no more one-offs such as the job support scheme.

However, key questions are:
(1) Would this counter trade closer to Raffles Medical in earnings multiple?
(2) Would margins continue to catch up towards Raffles Medical?
(3) Would revenue continue to rise with increased participation in various government programs (e.g. vaccination) or would these be one-off?

[dreamybear]

Who's next ?   

------------------

Shares in Healthway Medical surge 39.4% after OUE Healthcare’s exit offer of 4.8 cents
https://www.theedgesingapore.com/news/of...r-48-cents
"OUE Healthcare Limited has made a conditional exit offer to Healthway Medical Corporation’s (HMC) shareholders at 4.8 cents per share...."

[kagemusha]

Who's next ?   

------------------

Shares in Healthway Medical surge 39.4% after OUE Healthcare’s exit offer of 4.8 cents
https://www.theedgesingapore.com/news/of...r-48-cents
"OUE Healthcare Limited has made a conditional exit offer to Healthway Medical Corporation’s (HMC) shareholders at 4.8 cents per share...."

Not sure this represents a good value for stakeholders. 
Net Asset/total share is already at $0.044.
Represent just $0.004 instead of the more eye catching 40+% above last traded price...

(vested)

[dreamybear]

Who's next ?   

------------------

Shares in Healthway Medical surge 39.4% after OUE Healthcare’s exit offer of 4.8 cents
https://www.theedgesingapore.com/news/of...r-48-cents
"OUE Healthcare Limited has made a conditional exit offer to Healthway Medical Corporation’s (HMC) shareholders at 4.8 cents per share...."

Not sure this represents a good value for stakeholders. 
Net Asset/total share is already at $0.044.
Represent just $0.004 instead of the more eye catching 40+% above last traded price...

(vested)

I am not vested. 

But for what it's worth, in my view, other than cash component of NAV, it may be more relevant to investors buying a controlling stake. Cld also be useful to reference the privatization thread for related issues : https://www.valuebuddies.com/thread-9588.html, before making any decision. No harm referencing the IFA circular whenever available - I think it usually gives an estimated(range) value of the shares.