Latest Forum Topics / Raffles Medical Last:0.86 -- | Post Reply |
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andytanks
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25-Jun-2007 23:47
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Well, RM has a remarkable move and should be a good stocks to invest rather than saving in the bank... |
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shareexpert
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25-Jun-2007 21:50
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of course will double the price since temaske gought the placement |
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bensonho
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25-Jun-2007 19:21
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will it share prices be double in two years time????? |
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andytanks
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25-Jun-2007 18:03
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With the strong investors, RM will lift up to its name and make a mark... Gain slightly... |
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winsontkl
Elite |
24-Jun-2007 15:19
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For RM, the platform has just been laid, the upswing is definitely round the corner. Beside, investors who has go in expects medium to long term gain. |
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andytanks
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24-Jun-2007 01:00
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RM is a good stock to keep and wait for the rising sun of the healthcare in Singapore... |
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snoothie
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23-Jun-2007 00:51
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Hey andy, You noticed. TMC also quitely chiong with RMG, did a breakout also..now abit lao hong...this 2 brother brother. Most interesting, the middle east investors really power. 1 news like tat on any stock u hold sure end up --> |
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xinreng
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23-Jun-2007 00:51
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So the drop these few day is it people cashing in |
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andytanks
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23-Jun-2007 00:31
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I fully agreed with the article. RM really has a good fundamental... Singapore has a good strategic location which provide a better place for medical hub... I also believe that thailand is the next best location, but due the bombing and the terroists keep attacking... People may think twice before going over to thailand.... |
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snoothie
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21-Jun-2007 00:16
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SINGAPORE, June 20 (Reuters) - Umuh Muchtar was in such agony after botched surgery in Indonesia that he took a friend's advice and contacted a hospital in Singapore where he had his kidney stones removed a few days later. Muchtar is one of the 1.3 million medical tourists from Asia, Europe, and the United States who fly to Singapore, Thailand or Malaysia each year for medical treatment because they are wary of the hospitals back home or consider them too expensive. "I'm very satisfied with the treatment in Singapore," said Muchtar, 59, after checking out of Singapore's Raffles Hospital, part of Raffles Medical Group <RAFG.SI>, to do some shopping. "I don't need to wait so long to see a doctor here, compared to Jakarta, where I would not be seen for five to six hours." Medical tourism is potentially big business in Asia, and is expected to grow from about US$0.5 billion now to US$4 billion by 2012. But for investors, the sector looks very expensive, with valuations about 40 percent higher than their counterparts in North America and Europe. Shares of Southeast Asian hospital firms such as Raffles Medical and Thailand's Bumrungrad Hospital <BH.BK> have soared to record highs this year, as regional economies flourish and as governments throughout stress the need to develop a thriving medical tourism industry. "They represent a play on the long-term growth in the region," said Peter Chiang, chief equity strategist of DBS Asset Management, which owns shares in Thomson Medical Centre <THOM.SI>. "Hospital care will serve the needs of a growing affluent population. Singapore, Bangkok and Kuala Lumpur have positioned themselves well in this aspect." GOVERNMENT PUSH Governments in the region expect medical tourism to boost economic growth. Singapore wants to draw 1 million foreign patients a year by 2012, up from 400,000 in 2006; Bangkok aims to attract 2 million foreign patients by 2010, up from 1.25 million in 2005; while Manila is hoping for 700,000 patients, up from 250,000 last year. Hospitals in Thailand and Singapore, which have their various niches, are most likely to benefit from the rise in medical tourism in Asia, analysts said. Singapore has a reputation for handling complicated surgeries such as liver and heart transplants. Most of its hospitals are internationally accredited, while Thailand only has two accredited -- Bumrungrad and Bangkok Dusit Medical Services' <BGH.BK> Samitivej Sukhumvit Hospital. In Thailand, low costs are the biggest draw. A heart bypass operation costs about US$12,000 in Bangkok, compared to US$20,000 in a Singapore hospital and US$150,000 in the United States, according to Macquarie Research. Foreign patients visiting either hospitals in Singapore or Thailand can just call up and make an appointment, even without a doctor's referral, and avoid the long waiting lists in some Western countries. In some cases, they may tack on a couple of weeks of holiday afterwards while they recuperate. "As you see more of them come in for more complex cases, these foreign patients would bring in a very lucrative form of revenue for the Singapore healthcare providers," said CIMB analyst Gary Ng. PAYING FOR GROWTH Parkway Holdings <PARM.SI> and Bumrungrad rank among the world's most expensive hospital stocks because of their strong growth prospects -- a result of their aggressive expansion plans, analysts said. [Click on factbox [ID:nSIN320116] for valuations]. Both Bumrungrad and Parkway have expanded into other parts of Asia, including China, India and Malaysia, due to intense regional competition for foreign patients. But risk-averse investors who want to cash in on the industry should pick stocks such as Thailand's Bangkok Chain Hospital <KH.BK> and Malaysia's KPJ Healthcare Bhd. <KPJH.KL>, which have lagged other Asian healthcare stocks, mainly because of their small market caps, analysts said. Out of 36 companies listed in Asia Pacific GICS Health Care Facilities Index, only 17 have a stock market value of more than US$100 million, making them relatively illiquid. Despite the boom, few funds have any substantial holdings in hospital stocks. Some investors say they are deterred by the firms' rich valuations, small market cap, and the potential for government interference when setting hospital fees. "Basically we prefer to invest in areas where there's little government intervention," said Khiem Do, a fund manager at Baring Asset Management. "You are looking at an industry that's imperfectly priced and it tends to be more tricky." But analysts point out that many of these stocks have outperformed the market even during times of weak sentiment. "It's not extremely volatile," said Wallace Chu, an analyst with DBS Vickers Securities. "There's always a stream of patients coming in, which would guarantee you steady growth." Expect more action tomorrow. |
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andytanks
Veteran |
20-Jun-2007 19:16
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Grow slightly... Should maintain throughout the week... |
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andytanks
Veteran |
20-Jun-2007 13:44
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Maintain at the healthy position, will need a lot more energy and drive to reach another height.... |
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andytanks
Veteran |
19-Jun-2007 23:52
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RM is in top form... JPM has rated its target price at $2.10... Quite achieveable as these stock has the cream and depth....Lastly, also the potential of the next PW.... |
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andytanks
Veteran |
19-Jun-2007 21:41
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RM make another gain! raging from 1.53 to 1.61... What a day... |
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andytanks
Veteran |
18-Jun-2007 21:30
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BB in play.... A 21 cents gain that make it a wonderful day... Will be chasing after PW... |
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andytanks
Veteran |
18-Jun-2007 15:34
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What a good move!!! RM has acquired the land and placement 50,000,000 shares to two remarkable investors... Make a 24 cents increase.... Well done.... |
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xinreng
Member |
18-Jun-2007 00:34
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Should I buy |
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winsontkl
Elite |
18-Jun-2007 00:25
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bensonho, understand that RM has request for a halt, is the pending annoucement related to the rumours that you have mentioned. |
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bensonho
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17-Jun-2007 19:20
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rumours from what i heard is that they buying thomson medical group |
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andytanks
Veteran |
17-Jun-2007 16:55
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RM still will rise as there are more good news coming..... |
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