Healthway Medical Corp *Official* (SGX:5NG)

[Theonestop]

What do you guys think about this stock?

Stock price as of 17 July 2014 is 0.060. P/E ratio: 4.45

Investment Merits

• Recession proof and defensive in nature.
• Establish its presence within the suburban areas of Singapore, building up a loyal base of returning visitors.
• Cheap Valuations even after stripping away their large pool of intangible assets.
• HMED’s operates from a centralised platform, and is able to capitalize on their large network of clinics. For example, HMED’s family healthcare patient that requires specialist care would be referred to HMED’s specialist division to be taken care of.
• Impending hazy conditions tend to drive up healthcare counters.

Investment Risk

• A substantial write off of goodwill could tilt liquidity ratios.
• High debt ratios as compared to its peers.

Recent article about Healthway Medical:
Is Healthway Medical really Undervalued ? – SharesInv.com

 

[wahkao3]

yes i also like to know
this one can buy?

 

[marandaz]

Establish its presence within the suburban areas of Singapore, building up a loyal base of returning visitors.

I no longer have a favorable opinion on their health service.

You can say I am basing my opinion on one of their clinic only and on two occasions.

 

[sandwich]

I no longer have a favorable opinion on their health service.

You can say I am basing my opinion on one of their clinic only and on two occasions.

bedok south?

 

[marandaz]

bedok south?

That makes 2 clinics from the perspective of 2 different people

 

[Mancunian2]

yes i also like to know
this one can buy?

I already bought some

You are the FATA master, tell us can buy some more or not?

 

[Confession.pt3]

I wouldnt touch it. My concern will be whether the clinics are owned to rented. How much docs take the cut.

 

[demongod]

why is this a penny stock ah?

 

[wahkao3]

I already bought some

You are the FATA master, tell us can buy some more or not?

whats your take on it?

 

[tiny]

I feel giddy looking at page 16 of the annual report. Too many different clinic names. Feels like Rojak without branding.

 

[Mancunian2]

whats your take on it?

I treat thus like a long term call option
If the group continues to be badly run, I may lose 50% and take it as option premium.

If the management can turn things around, this can easily be a 5 to 10 bagger.
I rate the changes of this happening as good because of the industry, it is pretty hard to lose money in the primary healthcare business

(Sorry, no FATA here)

 

[wahkao3]

whats your take on it?

 

[Theonestop]

I already bought some

You are the FATA master, tell us can buy some more or not?

can share how many lot you bought?

 

[stam]

why not raffles medical ?

 

[Theonestop]

Earnings will be announced on 12 August 2014. looking forward to it .

 

[wahkao3]

healthcare sector is 1 sector i been wanting to invest into
is this a good stock to invest?

 

[Theonestop]

with the price now at 0.050. anyone looking to buy this counter?

 

[Shion]

Healthway Medical's 3Q earnings more than halve to $3 million

Healthway Medical's 3Q earnings more than halve to $3 million

http://www.theedgemarkets.com/sg/article/healthway-medicals-3q-earnings-more-halve-3-million

SINGAPORE (Dec 3): Healthway Medical Corp’s 3Q earnings more than halved to $3 million from $10.7 million a year earlier.

Revenue for the three months ended Sept 30 rose 7.6% to $23.2 million, mainly due to an increase in patient load and an increased contribution from the Primary Healthcare and Specialist & Wellness Healthcare segments.

Operating costs rose 26.8% to $28.5 million, owing to higher staff costs and medical supply expenses, an impairment loss of $1.5 million recognised for loan receivables from medical centres in China, as well as an impairment loss of $3 million recognised for other receivables from a non-related company.

The stock closed 2.9% lower at 3.4 cents.

 

[batdow]

heng still profitable

 

[Tofuuuuuuck]

Btw, there is not much update on their news with IHC