Latest Forum Topics / Healthway Med | Post Reply |
healthway, healthy?
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yummygd
Supreme |
03-Mar-2011 15:42
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just a thought hor..not implying anything la...maybe china operations expansion needed some extra expense...u know like extra.... | ||||
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infancybird
Senior |
03-Mar-2011 15:29
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for those who has interest in Pacific health care and Q& M dental also must be careful....same mode of operation as healthway and need to be very cautious for bad news, esp Q& M....take profit of the latter if u have enough profit. Pacific health care already down a lot from heyday. All because of over expansion  and moving into so- call  deceptive sucker China market and expensive shopping centres.     
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yummygd
Supreme |
03-Mar-2011 14:30
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haiz I think e chairman is not a savvy businessman la..so disappointed with him.In this case i think Healthway did something wrong....they bit off a little too much for them to chew. China expandsion and e new somerset one.Plus the way they run their clincs. btw where did u get e info that they can't pay their docs? 13 months bonus? Last year e industry(medical people la ) they say healthway is good neh hence i bought into it. I think e people in charge need to wake up and smell e kopi or it will be over for them. and if them aka us investors hahaha
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GuavaXF30
Master |
03-Mar-2011 12:56
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Totally agree. This is one medical stock I will avoid. It's a PL play only for quick punt. When he see business model not that fantastic, he switched focus to Thompson Medical. Even is some people say Thompson Medical was too ex, they own their hospital. Healthway is a lot of small medical practices sitting on leased shops, run by doctors waiting to end their contracts and open next door. In fact, if you read their past couple of annual reports, this has already been happening as they had to hire new doctors with higher salaries to replace those who left.
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infancybird
Senior |
03-Mar-2011 12:51
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You are absolutely right. Healthway`s original pioneer gp of doctors are leaving their Clinics after fullfilling their contract obligation of 3-5 years and most had left to start their own Clinics nearby, thus leaving the old Clinics under the newly employed non-committted doctors to manage. This is disastrous and will not retain nor attract any new pt while the old pts will go with the original doctors. The management was able to maintain profit in the first few yrs because of the contract obligation of the original doctors and now such obligation  is  finished  and profit sink and sink. No private Clinic can  generate good profit if the doctor in-charge is non-committed and thats why healthway management has been seen by me as very poor. Their mode of operation is to keep buying established Clinic to sustain profit( like a Ponzi scheme of Mr. Madoff) Just wait and see if their Somerset center  can generate good cash profit within a year...I seriously doubt so. Caution on this Stock for any non-medically knowledgeable  and savvy investors.  I have no interest in this stock.
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RachelG
Member |
03-Mar-2011 12:01
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I think if you visit healthway clinic, you will get an answer. Alot of their clinics are almost always empty compared to other clinics nearby. Example their clinic near bedok central is almosty always empty. I heard they have problem with the 13th month bonus for their doctors too.  Healthway share is certainly a no buy for now. Too high debt, low profit , low patient flow hmmmm. Majority of their clinics will need to stay on for many more years before gaining the trust of the people staying around the area to gain a regular patient pool. Medical stock i will prefer parkway, thomson,, raffles etc. Healthway maybe in another 5-6 years. Fair value 5 cents | ||||
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infancybird
Senior |
02-Mar-2011 20:41
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Unfortunately I read it differently from you . FYI, I hold no healthway stock and will not buy this stock  as I do like the way it is being managed. Just be careful and do not be too hopeful about its earning.   
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yummygd
Supreme |
02-Mar-2011 20:40
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its okie shadowmoon to each his own. cant take e possibility away of healthway. its not performing so far need to see how.
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shadowmoon
Veteran |
02-Mar-2011 19:56
Yells: "Henshin" |
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Luckily u are not the broker. U can't judge in this way. Currently they are still in expansion stage. That play a part to drag their profit down Bro.    
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infancybird
Senior |
02-Mar-2011 19:07
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If you read the report carefully, the group reported a profit of only S$ 730,000 for the full year. It is still profitable on paper is  because they included their recent hasty sales of heatlthway medical enterprise to a third party as  ``Other Operating Income``so as to cover up their loss. If you take away such sales, the gp actually will be in a loss  of about 2 million. This explain the hasty and unexplained sale of profitable HME  to a 3rd party. Accounting cover-up. My target for healthway is 10cent or less within 6 months as its next quarter is going to be just as bad. Somerset centre cannot be built up and be profitable till next yr,most likely.
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yummygd
Supreme |
02-Mar-2011 11:17
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stomp somerset hahahaha
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renzokun
Senior |
02-Mar-2011 11:15
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if next Q stl dun perform thn its gona b a drag... | ||||
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yummygd
Supreme |
02-Mar-2011 10:49
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okie now they target to open in march which is now...so can we presume the doc problem is solved and e white elephant can start making some poop? so next q better be some good reports?
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renzokun
Senior |
02-Mar-2011 10:39
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lack of gdz Docs | ||||
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yummygd
Supreme |
02-Mar-2011 10:16
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okie just woke up n read e reports...from i understand cash flow decrease by half net profit dun even wanna see(but heng still got some profit) okie staff is alot of money spent. and if im not wrong. china is earning half of what sing is. lets see....correct me if im wrong but somerset that big specialist center is not in operation yet? will start this month? why so long? |
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yummygd
Supreme |
02-Mar-2011 06:18
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horrible results but better den my expectations. I expect a loss. Doin this by phone. Did q 4 increase earnins compared to e other qs? | ||||
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renzokun
Senior |
01-Mar-2011 22:58
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        The Group’s revenue from Singapore healthcare segment declined by 17.1% from S$98.6 million
Net profit before tax reduced by 81.4% to S$3.3 million in FY2010 from S$17.7 million in FY2009.   http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_4346E8CC338ABD9848257846004AF0EA/$file/HMC2010Q4.pdf?openelement    
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yummygd
Supreme |
01-Mar-2011 19:53
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yeah we should ask management to employ her
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Joe2020
Veteran |
01-Mar-2011 17:55
Yells: "I am the Oracle sent forth unto you that ye shall be warned" |
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For Healthway to be profitable, it has to rope in Dr Susan Lim, the specialist....sure bull run...imagine one patient 24 million? 30 patients....wow 30 x 24
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steven080967
Member |
01-Mar-2011 17:51
Yells: "bullish trader/investor" |
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o'ye of little faith....lets hope healthway throws in a pleasant surprise for the quarterly results.  | ||||
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