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RMG
Aug 31, 2015 9:14:58 GMT 7
Post by zuolun on Aug 31, 2015 9:14:58 GMT 7
Raffles Medical to buy chain of clinics in China, Indochina for US$24.5m
31 Aug 2015
RAFFLES Medical Group is buying a chain of 10 clinics in China, Vietnam and Cambodia for US$24.5 million in cash, the hospital and clinic operator announced early Monday.
The purchase of privately held International SOS (MC Holdings) will be internally funded.
The target company had net tangible asset value of about US$5.3 million as at June 30, 2015, and book value of US$5.4 million.
Raffles Medical does not expect any material impact on earnings per share and net tangible assets per share for the year ending December.
Shares of Raffles Medical last traded at S$4.35 before the weekend.
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RMG
Nov 2, 2015 7:51:37 GMT 7
Post by zuolun on Nov 2, 2015 7:51:37 GMT 7
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Post by zuolun on Nov 3, 2015 13:20:20 GMT 7
The trend is your friend — until that nasty bend at the end.RMG and K1 Ventures: Trading on an extended-last-leg of the impulsive Wave-5 ~ 2 Nov 2015 RMG ~ Bearish Diamond Breakout, interim S$4.10, next TP S$3.62RMG had a spinning top unchanged @ S$4.29 with 240,000 shares done on 3 Nov 2015 at 1415 hrs. Immediate support at the 200d SMA @ S$4.25, immediate resistance @ S$4.32. Are singapore listed healthcare stocks overpriced? ~ 21 Jun 2015 When everyone else thinks that healthcare stocks are defensive during a recession, you can bet that the stock will be chased upwards... ie, it may be a better time to sell than to buy. If you take a quick look at the stock chart..... in 2008 during the recession, the stock collapsed from $1.50 to 50cts..... yes, indirectly, I have answered your initial question. The key question with healthcare companies is whether the company was created for the doctors or the shareholders. If it was created for the doctors, then the doctors will be very well paid. If it was created for the shareholders, then the doctors are unlikely to be well paid in terms of salaries, but they can be compensated in terms of stocks. When $1 of profit can be translated to $15 of share value, you can understand why some healthcare stocks are valued so highly but really, one has to sit back and think hard. Yes, you have to read in between the lines. Hence, though I have a medical background, I will not rush to invest in healthcare related companies.
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Post by zuolun on Dec 21, 2015 10:35:19 GMT 7
RMG ~ Bearish Diamond Top Breakout, interim TP S$3.62RMG had a doji and traded @ S$4.12 (-0.01, -0.2%) with 160,000 shares done on 21 Dec at 1145 hrs. Immediate support @ S$4.05, immediate resistance @ S$4.15. Diamond Chart Formation is a rare chart pattern that looks similar to a head and shoulders pattern with a V-shaped neckline. Diamond chart reversals rarely happen at market bottoms, it most often occurs at major tops and with high-volume. Since diamonds are a variation of head and shoulders tops, you have to resist the desire to classify every head and shoulders top as a diamond formation. The reason you will want to avoid this is because the diamond will signal a break in trend much earlier than a head and shoulders pattern, which could result in a premature short position. To calculate the breakout potential for a diamond formation, you will want to take the distance between the highest and lowest point in the diamond formation and add it to the breakout point. However, in most occurrences a breakout from the diamond chart formation will carry stocks much further.
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RMG
Jan 15, 2016 16:25:06 GMT 7
Post by zuolun on Jan 15, 2016 16:25:06 GMT 7
Based on The Elliott Wave chart pattern dated 14 Aug 2015, RMG's share price had peaked on 23 July 2015. RMG ~ Diamond Top Breakout, interim TP S$3.63RMG closed with an inverted hammer @ S$3.93 (-0.06, -1.5%) with 1.06m shares done on 14 Jan 2016. Immediate support @ S$3.92, immediate resistance @ S$4.00 升市莫估頂,跌市莫估底。RMG (Jan 2004 to 14 Aug 2015) — The Elliott Wave Pattern
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RMG
Feb 24, 2016 9:32:00 GMT 7
Post by zuolun on Feb 24, 2016 9:32:00 GMT 7
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