SingMedical

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4 years 5 months ago - 4 years 5 months ago #25092 by josephyeo
SingMedical was created by josephyeo
Share some figures on SingMedical:

Datas on profits n revenues.

singmedical........ FY'16... FY'17.... FY'18.... 1H '19
revenue (1000)...... 41580.... 68001.... 85,069... 44,643
net profit (1000)...... 2423..... 8499...... 12,928... 6,843

Revenue has grown fron S$41.5 mil to S$85.0 mil, a growth of above 100%
Profit has grown even higher, from S$2.4 mil to S$12.9 mil mil, a growth of 433%

Price history

52 weeks high - 49.5 cts
52 weeks low - 27.5 cts
At date of post - 32.0 cts.

Above for sharing only.
Vested
Last edit: 4 years 5 months ago by josephyeo.

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4 years 5 months ago #25096 by josephyeo
Replied by josephyeo on topic SingMedical
Company reported 3Q financial results yesterday ... 11 Nov '19.

Revenue was up while profit was "flat". The "flat" profit could probably
be due to the many investments undertaken by the company earlier
this year. See below:

1. 2 paediatrics clinics
2. 1 O&G clinic
3. 1 aesthetic clinic
4. 1 breast care clinic

Company added 1 new paediatricians and 1 new radiology.
Oversea, company open a 4,000 sg ft aesthetic center in Ho Chi Ming City.

Looking ahead, when all these investments come on stream n after all the
initial costs are accounted for, we are likely to see a much more profitable
years ahead.

Above are just my views. Dyodd.
Vested for the long term.

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4 years 4 months ago #25129 by josephyeo
Replied by josephyeo on topic SingMedical
SingMedical - company on the move

30-Jan-18 Incorporated a new joint venture, CHA SMG (Australia) Pte. Ltd. (“CSA”)

26-Feb-18 Subscribed to additional shares in CSA CSA acquired 65% equity interests in CFC Global Pty Ltd

1-Mar-18 Opened a new obstetrics and gynaecology clinic, Astra Laparoscopic & Robotic Centre for Women and Fertility, at Paragon Entered into a binding
Term Sheet for the proposed acquisition of an 85% equity interests in Pheniks Pte. Ltd. (“Pheniks”)

2-Apr-18 Opened a new cardiology clinic, Cardiac Centre International, at Paragon

23-Apr-18 Opened a new paediatrics clinic under Kids Clinic at Bedok Point
Completed the acquisition of Pheniks

10-Jul-18 Completed the Rights Issue of 14.3 million ordinary shares

21-Sep-18 Incorporated a new subsidiary, HiDoc Pte. Ltd. (“HiDoc”)

10-Nov-18 Opened a new dental clinic under The Dental Studio at Bishan

7-Jan-19 Opened a new paediatrics clinic under Kids Clinic and a new obstetrics and gynaecology clinic under Astra Women’s Specialists at Oasis Terrace,Punggol

19-Jan-19 Opened a new aesthetics clinic under SW1 Clinic at OUE Downtown Gallery

31-Jan-19 Launched of the new telemedicine Platform by HiDoc

4-Mar-19 Incorporated a new subsidiary, The Breast Clinic Pte. Ltd.


3Q 2019 added a new paediatrician and radiologist in 3Q2019.


last quarter 2019 expects to add a new gynaecologist and two new paediatricians in the last quarter of 2019

At 30.0 cts per share it is trading on a trailing p/e of 11.2 only ... probably the
best value company in the healthcare sector.

For info only. Dyodd

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4 years 4 months ago #25134 by josephyeo
Replied by josephyeo on topic SingMedical

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4 years 4 months ago #25139 by josephyeo
Replied by josephyeo on topic SingMedical
Closed at 29.5 cts .. near historical low. 52 weeks high 49.5 cts.

Forward p/e should be below 11 X now. Probably the lowest p/e among all healthcare stocks.

For info only. Vested. Dyodd

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4 years 4 months ago #25142 by josephyeo
Replied by josephyeo on topic SingMedical
Below is a quote taken from SingMedical Annual Report:

Given the Group’s improved financial performance, the Board is considering the possibility of implementing a formal dividend policy in the financial year 2019.

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