Start looking at the Managment( who are they and at their Business tract record , not academic records) and their business economicmode of  operational  ( just keep setting up new clinic or buying up small existing clinics , high risk model) . Talk to experts who know China Outpatient Clinic business .

It is prudent that yoyi STUDY them before you jump in or commit more fund into Healthway gp.   

The financial statement of Healthway Medical Singapore stock don’t look quite healthy to me. Why?

Decreasing operating cash flow

Operating cash flow is the most important figure in a finance statement and it is also important to the operation of a company. It is basically the amount of money that is available to run the company. If the operating cash flow constantly decreasing or worst become negative, it mean that the Company is decreasing its net worth to run the company. When their liquid asset run out, the company will get into deep trouble! Having said this, let’s take a look at Healthway’s Cash flow. You should notice that the operating cash flow decreased since 2008. What make the situation worst is that, this year 2010 from Q1 to Q3 , their operating cash flow is NEGATIVE!

Conclusion

Other than the negative cash flow, the rest of the figure look alright to me. This company has low debt ratio, increasing revenue and earnings. Please note that in this article I did not analyze the management and economic moat of the company. Reader are encourage to analyze this 2 aspect before investing in this company.

O V E R H E A R D :

Healthway  Owner  was  nOt  wIllIng  tO  sell.

Thomson  Owner  was  wIllIng  tO sell.

Gentlemen, its sounds very attractive to layman or lay public when a Healthcare gp start talking about investing in China. ....to many ,it seems to be sure make money.....not necc, if this gp invest in ONLY General or Specialist clinic only because Chinese Outpatient setup is very different from Spore. You must travel to China to see how they operate and will find out 1st hand how tough it is as the local Chinese (rich and poor) visit only their own China Heatlthcare org and not the Foreign one usually. Rental is very high on 1st tier city and hard to get Committed & Dedicated oversea trained Doctors to run such outlets.Pse note that Salary Doctor usually produce poor result.  

I hope we do not get too emotional about someone making rude remark about healthway but a wise investor looking for longterm growth together with  Healthway gp must seriously study the management and read the coy`s profit & loss (esp China sector P&L) to realise it is not all gold as they had so promised in their China venture. Let  time tell us the truth and I hope I am wrong.

steven080967      ( Date: 29-Nov-2010 11:04) Posted: hey fellas, stop bitching like a bunch of fish market aunties.....we playing in the big boys/girls league here :) was reading in the sunday papers...jim rogers comments....apart from commodities, he is betting on china's growing middle income consumption in the mid to long term.....agriculture, water treatment (china's water supply are getting polluted from all the shit from manufacturing boom), tourism.....i m thinking healthcare too! china's growing rich has health issues from all the accesses....diabetes are at an all time high in china (I m diabetic, so I follow diabetes news/trends), obesity which contributes to high blood, cardio issues and gout etc.....) so i am selling out my tech stocks on nasdaq and focusing my buying in healthway (which has china as part of their expansion strategy) and biotreat (water treatment with patented technology) both are good value at the moment :) sure its all a calculated bet but thats why we are in the game!

Emm u not quite update in actual. For this few years, Peter Lim wealth had reduced from ~4billion to now ~2billion. Probably lost in investment? Or spend in some other thing??? Only Peter he himself knows.

To be frank his real achievement comes from Wilmar investment from what i see. The real very very much profitable investment he had make in his life time. The rest ....emm ??? How much he has get in return til now, i believe u yrself should know since u are his faithful followers.

Don't just follow........ Cheers pal.

actually me not acting smart but just guessing. Yr english must be ok right.  In my statement i already put maybe, my dear friend.

Anyway, yr questions seems to be against Healthway all the way. As u keep repeating similar question. Actually maybe u are a shortlist. But its your take, u may say anything u like. This is a forum, u are free to say what u like even if what u provided is not a useful info. Cheer pal. 

There r business synergies in the medical lines. Anyway I don't know

the reason why PL sold out Healthway. I am sure you also don't know

either not just because for the reason of buying TMC. So don't

act smart, hahaha.

Busineess strategy to get into Thomson medical maybe. Btw this question is being ask for times. ?????i thk it time to ask other better question than keep repeating it...my dear Anthony