Singapore O&G *Official* (SGX: 1D8)

[TiOnGSquare]

Price/Book Value: 6.118 P/E Ratio: 30.048

LOL. You don't pay such a high premium for stocks listed on the SGX.
No hype, no fundamentals for such a high price.
Just because it's "healthcare" or "medical" doesn't mean it deserves it.

Prepare to hold for another 1-2 years for satisfactory returns.

lucky i got holding power..but then if really going further south may cut loss

 

[Mazdarati]

Bloodshed today...dropped almost 10%

 

[mrtanbg]

Hard to figure out what is happening?

Even HC surgical also dropped a bit

Singmedical also muted

Maybe all the funds bullish and went to chiong Banks and Pprty??

 

[CITIZENCAN]

some brokers say no good

 

[mrtanbg]

some brokers say no good

Got link?

I go have a look.

 

[Mazdarati]

I hope this is the reason and not other fundamental reasons

Hard to figure out what is happening?

Even HC surgical also dropped a bit

Singmedical also muted

Maybe all the funds bullish and went to chiong Banks and Pprty??

 

[Mazdarati]

Anyone knows when O&G is releasing their quarterly results? Should be in Aug right? Which day exactly?

 

[supertanweekiat]

Anyone knows when O&G is releasing their quarterly results? Should be in Aug right? Which day exactly?

I think in 2 weeks, but it's not hard to guess, internal people dump this share because dividend cut. So be careful.

 

[Jupiter2017]

http://www.shareinvestor.com/news/news.html?source=sg_si_express&nid=168094
Singapore O&G: Better Showing In Third Quarter.
08 Nov 2017 17:36

Q3 2017 Group Revenue up 2.4% over the same period last year. Q3 2017 Net profit of S$2.3 million is an improvement of 9.6% and 17.3% over Q2 2017 and Q1 2017 respectively. Cancer segment continues strong growth for the 9 months period ended 30 September 2017 over the same period last year...

 

[Jupiter2017]

https://www.theedgesingapore.com/singapore-og-downgraded-amid-margin-pressures
Singapore O&G downgraded amid margin pressures
Nov 10, 2017 - SINGAPORE (Nov 10): Phillip Securities Research is downgrading healthcare group Singapore O&G to “accumulate” with a lower target price of 62 cents, from its previous recommendation of “buy” with a target price of 65 cents. “We are cognizant of the margin pressures arising from sluggish birth rate, ...

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...rector-resigns-from-singapore-og-amid-dispute
Lead independent director resigns from Singapore O&G amid dispute
WED, DEC 27, 2017 - 6:46 PM MARISSA LEE marilee@sph.com.sg

The lead independent director of Singapore O&G has resigned abruptly from the board of the women's and children's healthcare group as a result of an ongoing dispute.
Christopher Chong Meng Tak, who joined Singapore O&G as a director in May 2015, resigned from the board on Dec 26, the company said on Wednesday (Dec 27).
Mr Chong and the company have an ongoing dispute concerning the company's claim for S$1.5 million from Mr Chong in relation to a company transaction in which Mr Chong was involved, Singapore O&G said. It did not give details on the nature of the transaction.
Mr Chong is a also the non-executive group chairman of Catalist-listed Emerging Towns & Cities Singapore (ETC).

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=1D8.SI

 

[lbs]

when the stock price is going up and the PE is astronomical, investors and analysts alike will claim that the medical sector is "defensive."

when the stock price tank (very likely the earnings or margin tank as well, not been following since I looked at it in March this year), simi birth rate is going down la, etc etc as justified for it.

Singapore had declining birth rates for years. Get real!
if you have looked at the balance sheet of this company, you will be shocked at how much goodwill it has accumulated... without reading the news, it probably has gone through so many M&A, it would be very difficult to ascertain if these acquisitions makes business sense.

and lastly, independent director (lead one somemore!) having deals with the company... how independent can one be?

 

[AikiBoy]

i keep until it split.. duno still good mah to hoot.

 

[madtari]

But antenatal and delivery related business is only part of what they do. As long as the population of woman increases and there's more awareness of women well-being, more ladies will do periodic check ups and this could lead to improved margin. And the number of gyne issues and breast cancer has been rising steadily also... but of course again there are so many other govt n private hospital n clinics ppl can go to... not necessary to s o&g clinics.

when the stock price is going up and the PE is astronomical, investors and analysts alike will claim that the medical sector is "defensive."

when the stock price tank (very likely the earnings or margin tank as well, not been following since I looked at it in March this year), simi birth rate is going down la, etc etc as justified for it.

Singapore had declining birth rates for years. Get real!

 

[Shion]

Singapore O&G gets 29.5 cents a share offer to take medical group private​

https://www.straitstimes.com/busine...s-a-share-offer-to-take-medical-group-private