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Overview
Financial Highlight
HeadlinesBusiness Background IHH Healthcare Bhd operates a network of healthcare clinics, hospitals, and postoperative rehabilitation centers. It also provides ancillary services, which include diagnostic laboratories, imaging centers, ambulatory care, and medical education facilities. The firm receives the largest proportion of revenue through its Parkway Pantai segment, which operates hospitals and provides healthcare services in Asia. Two of Parkway Pantai’s key markets are Singapore and Malaysia. The second-largest proportion of revenue comes from Acibadem Holdings, a hospital operator and service provider in Central and Eastern Europe, the Middle East, and North Africa.
  RainT Bunch of idiots write idiots comment Please la ...sharing insight on Ihh Stop comment rubbish 02/12/2018 12:13 Koyee I think all the comments are by the same person who make multiple accounts because all are new accounts targeting Kaka22. Also they are arguing from supermax's forum, dunno why now come here argue. Airasia also got people argue and it has become a racial issue, wonder why all these people so easily get angry. 02/12/2018 14:22 5354_ Khazanah sold at high PE so is wise move right? Why Najib complain instead? Najib never read latest QR is loss so Khazanah selling >RM 5 is good price. 04/12/2018 04:08 5354_ Why EPF buy(cannot read loss QR or high PE) when Khazanah sell? Miss ex-CEO Shahril Ridza guidance? 04/12/2018 04:11 5354_ Mitsui buying more perhaps want to help M'sia after Tun M visit to Japan 3X after 509 GE? 04/12/2018 04:13 dompeilee dompeilee Bought some IHH @ 5.01 19/09/2018 09:17 SOLD @ 5.65 this morning =) 13/12/2018 09:02 Kaka22 Queue at 5.1 match today. Didn’t even check as im in Japan for winter holiday. Next quarter result will be great. Those naysayers and non believers can go play elsewhere. This stock is for the intellectual only. Not many can see its true value. Stupid ppl don’t come here so we smart ppl can buy more lol.. 18/12/2018 15:22  James Ng https://klse.i3investor.com/blogs/general/187539.jsp [转贴] [Facebook live:浅谈IHH healthcare bhd (IHH)] - James的股票投资James Share Investing 23/12/2018 11:53 moneyfacetrader EPF, Shareholder (MR MEHMET ALI AYDINLAR), Managing Director (TAN SEE LENG) all disposed. How to go up? 17/01/2019 11:03 Kaka22 EPF has many fund managers trading for them...you can see they disposed and buy on the same day...its because diff fund managers trading for them. mr mehmet swap his acibadem shares for ihh...he now owns more of ihh shares... likewise mr mehmet and dr tan see leng get lots of bonus enlarged shares every year as incentives for their work. its like their year end bonus... so maybe they need the cash.. they have been cashing out every year... it doesnt matter they are employees that earn shares with employee reward schemes..they are not INVESTOR. it will reach rm6 soon....only pondan fake id cannot see it. hahaha 17/01/2019 12:52 Kaka22 Yea faster buy.. all u losers can only watch while ihh prosper.. then all of u can go play with this fake id pondan bastard.. hahaha... already earn more than 10% since entry target is rm6.. I didn’t say is today the pondan faker have nothing better to attack me no strategy cos brain stupid fake this statement. Hahaha come supermx forum he also say today ihh red sea what a pondan statement... losers will always be loser and they tend to stick together.. moneyfacetrader u can be this pondan best friend play backside together 18/01/2019 17:52 Kaka22 PONDAN thinks she is very clever and brave actually proven so many times stupid and dumb. after so many months still use fake id like a sissy. once a pondan forever a pondan cos no balls now be ladyboy. 24/01/2019 14:01 RainT this IHH is control by big players share price tend to stay in the same range for long time will up or not , largely depend on the big funds we small ikan bilis can only buy when there is dip and keep for long term knowing that IHH 1 day will worth more than RM12.00 per share (given its huge operation & resilient demand on health care) 28/01/2019 09:36 Kaka22 I have a feeling funds are changing hands in the open market. An investor sold 60millon ihh shares in hong kong at 5.57 per share and it was well over subscribed. Especially the period when price stayed 5.7 for more than 5 days in a row. It was kept at that price intentionally. 29/01/2019 11:22 commonsense I don’t think investors have any doubts on IHH management team capabilities to operate the vast hospital networks under the company’s brand. The team which is led by Dr Tan has a proven track record of delivering growth for both the revenue and profit to shareholders. In FY13 the revenue and core profit were only at RM6.8bil and RM650mil respectively. For FY18 the company is expected to deliver a revenue of around RM11.5bil and a core profit of around RM850mil. This translate to an average growth rate of 11.1% for revenue and 5.5% for core profit to shareholders. For FY19, analysts are projecting IHH to deliver a profit of around RM990mil driven by growth from mainly the Indian, Turkish and China markets. However, the issue with IHH has always been its very high valuation. At the current share price and using the projected profit of RM990mil for FY19, the company is already being valued at 50x forward PE. Any future profit growth would have already been baked into the share price with limited room for any profit disappointments. A doubling of profit to RM2bil for example ( not in the next 5 years in my opinion) would still value the company at around 25x PE and this is assuming share price remain constant. If you are looking to diversify your portfolio outside of IHH (due to its very high valuation), I would recommend you to look at MBMR. MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17. FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE. Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50. Good luck. 10/02/2019 21:55 NoStyle This is a share with alot of interest from foreign investors. Hong Kees and Singaporeans make up a huge portion of investors. 3 months back, Mitsui from Japan paid a premium of RM 6 to acquire a 16% stake in IHH. With the IHH management being run by capable corporate heads, this is the share for the long term. 12/02/2019 11:36 commonsennse commonsense believe in analyst..now he want to sell his wife for rm 5 a nite..any takers..unless Ihh goes up to rm 5.80 15/02/2019 15:03  |
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