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this is a damn good price, 0.19 to breakeven IPO of 0.36 , already sitting 90% gain !!!!!! you see how those BB ass got burnt big time..
hey, anyone please enlighten me, what is this company worth, and what price is worth to invest.. i think this is good one.. health clinic, i think the business should go super well, whether economic good or bad.. isn't it ? it's decouple from those elements.
It is not free for enhanch infomation facilities that U can see and read, like those I posted as example below for YZJ...trading prices and if u can get this type of (pay) facilities, pls post to contact teeth53. thk
Hi drsubaru, From http://www.ketrade.com.sg/ (required User ID and password to access, is free to member)
Required to be a member of Kimeng Securities with internet facilities accessable. Ur trading representative need to be from Kimeng securities, there is a even more enhanch facilities where one can even see those Q-ing prices and the numbers of shares Q-ing to buy below trading prices and numbers of shares and it prices buying it up..an example is Yangzijiang (see below for eg) ...Hope it help u. Ya.
It should be able to hold off abit for today...
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Would you kindly tell me how you get those figures from?
teeth53 ( Date: 06-Jul-2008 12:06) Posted:
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if u didn't escape during listing,then u hv to hold long long leow. few IPO are on the way and some withdrawn the IPO as well. your choice loh.
WHen this junk reaches single digit PE then buy
Healthway opened and closed upon a single X deal.....and it traded summary.
| Time | Last | Volume | Bid/Ask |
| 17:05:00 | 0.225 | 1,104,000 | X |
| 16:59:39 | 0.235 | 10,000 | A |
| 16:59:25 | 0.235 | 20,000 | A |
| 16:59:18 | 0.235 | 10,000 | A |
| 16:59:07 | 0.235 | 5,000 | A |
| 16:58:37 | 0.235 | 50,000 | A |
| 16:58:22 | 0.235 | 10,000 | A |
| 16:58:11 | 0.235 | 30,000 | B |
| 16:57:54 | 0.235 | 55,000 | A |
| 16:57:42 | 0.235 | 10,000 | A |
| 16:57:41 | 0.235 | 35,000 | B |
| 16:57:34 | 0.235 | 5,000 | A |
| 16:57:32 | 0.235 | 50,000 | A |
| 16:57:26 | 0.235 | 35,000 | A |
| 16:57:20 | 0.235 | 10,000 | B |
| 16:57:16 | 0.235 | 1,000 | B |
| 16:57:04 | 0.240 | 1,000 | A |
| 16:56:59 | 0.235 | 9,000 | A |
| 16:56:58 | 0.235 | 50,000 | A |
| 16:56:51 | 0.235 | 9,000 | A |
| Healthway | -- | -- | 0.240 | 0.225 | 0.000 | 0.0 | 31,556,000 | 94,000 | 0.225 | 0.230 | 200,000 | 0.270 | 0.225 |
Most traded prcies is between 0.245ct to 0.255ct
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 0.225 | 1 | 1,104,000 | 0 | 1,104,000 | 0 |
| 0.235 | 31 | 1,513,000 | 991,000 | 0 | 522,000 |
| 0.240 | 27 | 3,683,000 | 3,458,000 | 0 | 225,000 |
| 0.245 | 108 | 3,792,000 | 2,319,000 | 20,000 | 1,453,000 |
| 0.250 | 95 | 4,165,000 | 2,530,000 | 56,000 | 1,579,000 |
| 0.255 | 116 | 5,654,000 | 3,386,000 | 0 | 2,268,000 |
| 0.260 | 42 | 3,347,000 | 75,000 | 0 | 3,272,000 |
| 0.265 | 36 | 2,745,000 | 586,000 | 0 | 2,159,000 |
| 0.270 | 3 | 3,000 | 0 | 1,000 | 2,000 |
| 0.360 | 1 | 5,550,000 | 0 | 5,550,000 | 0 |
| TOTAL | 460 | 31,556,000 | 13,345,000 | 6,731,000 | 11,480,000 |
Most of their clinics saurvive on cut throat company health contracts..
If there is a recession and companies go bust there will be bad debts.
Few clinics can compete with subsidised government clinics except for shorter wating time in private clinics.
Healthway Medical Corp down as investors regard valuations as excessive and eye with caution company's plans to use bulk of IPO proceeds to repay debt. IPO price of $0.36 translates to historical PER of 27.5x.
"Who would list a company at such a high PER? Even at the current levels, it's 19x," says dealer at foreign brokerage. Adds use of $20 million out of $32.3 million net proceeds to repay bank loans is another negative; "that's very bad. It''s a no-no."
its formerly name was Healthway Medical Services Pte Ltd. AK opine that generally any coy changing name is not a good sign. on the other hand may be good owing to fengsui.
anyway, its wrong timing again. bit and throw is the strategy leow, moreover the trading day is fall on Fri.
any guess on it's likely opening price on it's debut?
Launched its IPO on Catalist after two failed RTOs to fund its expansion into the Singapore and China healthcare market. Healthway - which operates clinics such as Silver Cross and Aaron Dental Group - expects to increase the number of primary healthcare clinics to 120 from 55 currently and double the size of specialist services in three years' time, said CEO Wong Weng Hong.
The company is offering 135.5m shares each comprising 95.5m new shares and 40m vendor shares. It expects $32.3m in net proceeds from the new shares. Some 1m shares will be for public subscription while the rest will be placed out to private investors. About half of the proceeds will be used to fund Healthway's expansion of specialist services such as cardiology and oncology to meet expected demand from the ageing population, said Dr Wong.
For the 2007 financial year ended Dec 31, the company earned $5.6m, on the back of $42.8m sales. The IPO closes on Jul 2 and trading is expected to begin on Jul 4. PrimePartners Corporate Finance is the sponsor and manager of the IPO. The underwriter and placement agent is UOB KayHian.
after the 1st one, now the response may not be so encouraging leow. moreover the market now is so bad. will not q for it, wrong timing.
Err..here.
IPO-ing is Sponsor / Manager by Prime Partner Corporate Pte Ltd. and
UOB KayHian is d Underwriter and Placement Agents.
Sponsor by UOB KayHian Pte Ltd, closing on 12.00 noon July 2, 2008.
1,000,000 shares for public oni. at 0.36cents.
134,500,000 is place out at 0.36 cents (placement shares) to Insituties and Securities houses.
Good for a STAG, mid term value...err, any body guess...liao.