*Official* MasterLeong Thread - Part 2

Status
Not open for further replies.
MasterLeong

MasterLeong

Banned
Joined
Nov 27, 2016
Messages
5,754
Reaction score
0
RMG, overvalued and lousy stock
I mentioned many times that the PE ratio is too high at 35-40 times with little to no dividends.
RMG reported lower net profits for 2016 and will be sold down hard, rmg may eventually trade towards 20 times earnings, half of current price in a few years down
 
Average

Average

Banned
Joined
Apr 14, 2012
Messages
28,986
Reaction score
280
MasterLeong said:
RMG, overvalued and lousy stock
I mentioned many times that the PE ratio is too high at 35-40 times with little to no dividends.
RMG reported lower net profits for 2016 and will be sold down hard, rmg may eventually trade towards 20 times earnings, half of current price in a few years down
Click to expand...
but if STI big drop, rmg will panic buy

Sent from 金鸡 using GAGT
 
Mancunian2

Mancunian2

Greater Supremacy Member
Joined
Jan 7, 2006
Messages
82,862
Reaction score
7,414
MasterLeong said:
RMG, overvalued and lousy stock
I mentioned many times that the PE ratio is too high at 35-40 times with little to no dividends.
RMG reported lower net profits for 2016 and will be sold down hard, rmg may eventually trade towards 20 times earnings, half of current price in a few years down
Click to expand...
My previous 2 companies used to have RMG as their main provider,
I feel their standards were slightly below par

don't know about now, 4-5 years never go ler
 
Dividends Warrior

Dividends Warrior

Arch-Supremacy Member
Joined
Nov 7, 2010
Messages
24,929
Reaction score
2,924
Raffles Medical's FY16 earnings rise 1.3% to $70.2 mil on higher revenue

SINGAPORE (Feb 20): Raffles Medical Group reported earnings of $70.2 million for the full year ended Dec 31, 1.3% higher than the $69.3 million it posted in FY15.

Group revenue grew 15.4% to a record $473.6 million from $410.5 million a year ago on the back of positive contributions from all divisions.

This was largely driven by higher patient load from the group's expanding Raffles Medical clinic network, as higher revenue came from more specialist consultants as well as full year contributions from the group's newly acquired International SOS (MC Holdings) and its subsidiaries.

At the same time, the group's strong revenue growth was partially offset by greater staff costs, operating expenses and supplies used, particularly higher staff costs due to staff recruitment to cater for expanded business operations and the new medical centre in Raffles Holland V.
 
Status
Not open for further replies.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top