Singapore Institute of Advanced Medicine Holdings Ltd
Singapore Institute of Advanced Medicine Holdings Ltd ("Sam" or the "Company") is offering 114m new shares comprising 4.415m Public Offer Shares and 109.585m Placement Shares at $0.23 each for a listing on Catalist. The Company aims to raise $26.2m and the majority of the proceeds will be used to repay debt and the balance for working capital. The market cap based on the IPO price is $231.8m and the offer will close on 14 Feb at 12 noon and starts trading on 16 Feb 2024 at 9am. Principal Business SAM is a healthcare service provider using advanced technology for early and accurate diagnosis to detect and treat cancer, neurodegenerative and cardiovascular diseases. SAM has strategic collaborations with public and private institutions for research and clinical work. SAM's goal is to create a comprehensive one-stop ambulatory cancer centre to undertake the challenges to fight cancer and is one of the first to adopt proto beam therapy treatment in Singapore. Fi
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--- jus curious how you valued SMG compare to healthway (P.E?), and what is the NTA per share for SGM in this case?
"LASIK procedures and sports medicine"---can the revenue growth in these areas be somehow restricted, considering LASIK is more "Cosmetic" than traditional medical care (necessity for mass public).
But on one hand, because of the overvalued IPO it raised, it allows HW to grow at a fast pace...
Though sg medical is the leader in LASIK in sg, did u realise that over the years, prices of doing a lasik surgery has been decreasing? That means diminishing profits...
HW has been smart nt to have lasik division in sg but on the other hand, have a HW China to offer lasik services because the cost is lower in china and profit margin is higher.
As HW plans to add in ten new specialists in Q4 2009 and Q1 2010, as well as grow its primary GP clinic to 120 clinics in three yrs, i think this company is growing fundamentally stronger each day... The H1N1 is another major boost plus they already established a partnership with Crane Medical in Shanghai...
For fundamental reasons, i invested in Healthway.... i believe in near term, its valuation is around 17 to 20 cents.