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Singapore Medical Group
11-10-2016, 04:05 PM.
Post: #11
RE: Singapore Medical Group
Just sold @42. Hold for 2 years already.

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11-10-2016, 05:38 PM.
Post: #12
RE: Singapore Medical Group
(11-10-2016, 04:05 PM)shubin88 Wrote: Just sold @42. Hold for 2 years already.

Congrats!! Big Grin

any thoughts after holding/making money? what made you invest it it? fundamentals or just plain guts?

Do share your thoughts?

Big Grin 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! 

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11-10-2016, 10:04 PM.
Post: #13
RE: Singapore Medical Group
(11-10-2016, 05:38 PM)brattzz Wrote:
(11-10-2016, 04:05 PM)shubin88 Wrote: Just sold @42. Hold for 2 years already.

Congrats!! Big Grin

any thoughts after holding/making money? what made you invest it it? fundamentals or just plain guts?

Do share your thoughts?

Big Grin Tongue

It is a medical share, the other medical share I invested is HMI 2 years before. Do you remember Raffles Medical group?

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08-07-2017, 10:47 AM. (This post was last modified: 08-07-2017, 10:47 AM by weijian.)
Post: #14
RE: Singapore Medical Group
I thought this is a good move. Take care of your clients, whom are coincidentally yhe regulator's bosses (ie. voters) and in turn, the regulator will take care of you.

No profit guarantee in deals but SMG chief exec unfazed

Clinic operator Singapore Medical Group (SMG) is on an acquisition spree, and compliance with fresh guidelines that frown upon profit guarantees will not dent the group's earnings growth, its chief executive, Dr Beng Teck Liang, said yesterday. Profit guarantees, in which the target of an acquisition guarantees the buyer a certain profit over a fixed period, are a common feature in corporate deals here, and have been popular among other acquisitive companies like Q&M Dental Group.

But guidelines on medical ethics updated by the Singapore Medical Council last September discourage the practice. The guidelines are not law, but Catalist-listed SMG has chosen to comply.

http://www.straitstimes.com/business/no-...ec-unfazed

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12-03-2019, 08:28 PM.
Post: #15
RE: Singapore Medical Group
Is mgmt taking the opportunity to cash out ?

-------------------------------------------------------------------------------------------------------------------------
SINGAPORE MEDICAL GROUP: No.1 shareholder will soon be Korean medical group
Published: 23 February 2019

.... It was announced that CHS would increase its stake in SMG to 24.13% through a $50m purchase of partial stakes of 4 key SMG management staff and one substantial shareholder......

In addition, CHS will extend a $10 million convertible loan to SMG for M&A (80%) and working capital (20%).

If the loan is converted in full on maturity one year later, CHS's stake in SMG will rise to 27.69%.

That translates into an average price of 55 cents. (see table; CHS's initial stake was purchased two years ago at 50 cents apiece)


..........


More details at https://www.nextinsight.net/story-archiv...ical-group

SGX Announcement at https://links.sgx.com/FileOpen/SMG_Press...eID=544217
"LIVE simply, DREAM big, LAUGHT lots.... GIVE thanks with a Grateful Heart."

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