k6ii : the article basically states the poor performance of the share price is dt the market's lack of understanding about the company's business. The company main business is medical beds and accessories (medical trolleys, carts, etc). The demand for medical beds is not constant as the lifespan of the beds are quite long. But on the upside, there are new hospitals coming up every year and the country's healthcare expenditure will continue to grow. Company aims to participate in more international exhibitions and also aims to diversify its income with the distributorship rights of Nihon Kohden medical devices (patient monitors, defibrillators, neurosurgeon equipments).
i'm monitoring this one closely. many hospitals due to open soon. KPJ Perlis already completed, now waiting for clearance from MOH to start operation. KPJ Bandar Dato Ong in Johor, KPJ kuching, KPJ miri all should open this year. Hospital Cyberjaya, Hospital Sri Aman in few years time. They should secure a few tenders from these hospitals. I visited my relative in gov hospital last month, noticed LKL beds and LKL medical trolleys in the ICU.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
k6ii
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Posted by k6ii > 2017-12-18 11:39 | Report Abuse
jibbie: able to share more?