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13-10-2019, 10:50 AM
Sharing my view, i have little to nil knowledge in this medical industry.
I dont really like such companies in general. If the margins are too large, and we know doctors have large ego, they will ask for pay rise, if they dont get it, they will look for greener pastures or be their own boss. Not sure if HC surgical has such a strong brand that patient come for the brand or come for the doctors. I believe it is usually the doctors.
Shareholders will usually get little out of holding such companies. I feel that there is more financial engineering going on, example this dental one listed in singapore. And then there's another medical one when a few bosses came in to fight over it about 2 years ago, ohohoh, i think that company is the worst, but of course if it has some solid real estate to back it up, then that's a different story. Its daily operations produce cash for doctors not for shareholders, terrible indeed!
The one that i think is of better quality is Raffles medical. It has grown good profit over the decade but we can see that in the past few years, not much solid growth, yet the market is valuing it at 15 to 20% growth.
I dont really like such companies in general. If the margins are too large, and we know doctors have large ego, they will ask for pay rise, if they dont get it, they will look for greener pastures or be their own boss. Not sure if HC surgical has such a strong brand that patient come for the brand or come for the doctors. I believe it is usually the doctors.
Shareholders will usually get little out of holding such companies. I feel that there is more financial engineering going on, example this dental one listed in singapore. And then there's another medical one when a few bosses came in to fight over it about 2 years ago, ohohoh, i think that company is the worst, but of course if it has some solid real estate to back it up, then that's a different story. Its daily operations produce cash for doctors not for shareholders, terrible indeed!
The one that i think is of better quality is Raffles medical. It has grown good profit over the decade but we can see that in the past few years, not much solid growth, yet the market is valuing it at 15 to 20% growth.