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181-200 of 351
seems pretty low hor, and not even growing
The dividends paid by Raffles Medical in the past 5 years:
2007: 3.5 cents / share
2006 : 4 cents / share
2005 : 3 cents / share
2004 : 2.5 cents / share
2003 : 2.5 cents / share
S$0.38
Blastoff ( Date: 18-Oct-2008 11:41) Posted:
| Anyone remember it's IPO price? |
|
Anyone remember it's IPO price?
At least director keeps buying.
hmmm ....target $0.60 and below....
Still holding very well despite of the meltdown....
Wow today break thru $1 support to touch a low of $0.96 before recovering $1 again....
| 1. |
Date of change of Shareholding |
27-08-2008 |
| 2. |
Name of Registered Holder |
DR LOO CHOON YONG |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase |
| |
# Please specify details |
|
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
50,785,000 |
| As a percentage of issued share capital |
9.8143 % |
| No. of Shares which are subject of this notice |
20,000 |
| As a percentage of issued share capital |
0.0039 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
1.10 |
| No. of Shares held after the change |
50,805,000 |
| As a percentage of issued share capital |
9.8182 % |
|
| 1. |
Date of notice to issuer * |
22-08-2008 |
| 2. |
Name of Director * |
DR LOO CHOON YONG |
| 3. |
Please tick one or more appropriate box(es): * |
| |
Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV]
|
| 1. |
Date of change of Shareholding |
21-08-2008 |
| 2. |
Name of Registered Holder |
DR LOO CHOON YONG |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase |
| |
# Please specify details |
|
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
50,666,000 |
| As a percentage of issued share capital |
9.7913 % |
| No. of Shares which are subject of this notice |
40,000 |
| As a percentage of issued share capital |
0.0077 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
1.0855 |
| No. of Shares held after the change |
50,706,000 |
| As a percentage of issued share capital |
9.7991 % |
|
Long term outlook still looks good .... defensive counter.
| 1. |
Date of notice to issuer * |
20-08-2008 |
| 2. |
Name of Director * |
DR LOO CHOON YONG |
| 3. |
Please tick one or more appropriate box(es): * |
| |
Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV]
|
| 1. |
Date of change of Shareholding |
19-08-2008 |
| 2. |
Name of Registered Holder |
DR LOO CHOON YONG |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase |
| |
# Please specify details |
|
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
50,626,000 |
| As a percentage of issued share capital |
9.7836 % |
| No. of Shares which are subject of this notice |
40,000 |
| As a percentage of issued share capital |
0.0077 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
1.1075 |
| No. of Shares held after the change |
50,666,000 |
| As a percentage of issued share capital |
9.7913 % |
|
Hi guys,
Interested in this counter.
Any suggestive price to go in.... ?
The price seem very stable compare to other medical counter.
Delivered consistent result, very defensive counter.....waiting for good entry price....
A summary for today.
A summary for today.
Report from DMG.
Raffles Medical Group (RMG) has consistently recorded growth in both topline and bottomline over the past 4 years. Revenue grew at the rate of 14.2% CAGR, while net profit increased by 45.7% CAGR. Now that RMG has full ownership of its hospital, we believe RMG would be able to enhance the services it offers to patients and continue to grow earnings.
S'pore is positioning itself as a medical tourism hub, attracting about 200,000 international patients every year. The govt's aims to achieve serving 1m international patients each year, by '10. Currently, about 1/3 of RMG’s patient load is foreigners. RMG intends to continue with its marketing efforts, through its Raffles International Patient Centre, to attract more foreign patients to its clinics and hospitals.
Besides basic health services, RMG also offers a range of lifestyle and wellness services, ranging from aesthetics to dental services. It has also developed its line of health supplements, which are being sold in regional markets such as Hong Kong, Malaysia and Indonesia. As more people look towards attaining a healthy lifestyle, this area would be another growth driver for RMG.
The introduction of means-testing in determining healthcare subsidies is likely to encourage patients to move over to private healthcare providers. This would increase the demand for healthcare services offered by RMG, and contribute to its growth.
RMG has been returning steady dividends to investors. With a wider range of medical services on offer, we expect patient load to grow, and revenue growth to continue. Its peer are currently trading at 29x FY08 earnings. We have a target price of $1.69, based on 26x blended FY08/09 earnings. We recommend BUY, for a defensive stock and stable earnings.
A summary for today.
A summary for today.
A summary for today.
