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2 weeks ago | Report Abuse
PP rejected, TMR goreng opposite direction... waves Goreng along the journey.
3 weeks ago | Report Abuse
Can goreng till RM 1.... huat lol everyone happy ...
3 weeks ago | Report Abuse
On the sector outlook, Kenanga noted global healthcare expenditures are projected to reach a total of US$10 trillion by 2026, increasing from US$8.4 trillion in 2022. — Bloomberg
PETALING JAYA: In the recently-concluded second quarter 2023 (2Q23) results, companies in the healthcare sector saw a slight sequential deterioration in earnings delivery against the expectations of Kenanga Research.
The research firm said out of the six companies under its coverage, three came within its forecasts, while three others disappointed.
“Generally, private hospitals under our coverage were hit by less patients seeking treatment during the festive month.
“Viewed as a blip, both IHH Healthcare Bhd and KPJ Healthcare Bhd expect patients to return in subsequent quarters.
“On the other hand, Pharmaniaga Bhd was hit by higher-than expected operating cost,” it stated in a report.
According to the research firm, the weaker-than-expected showing from IHH in the first half of 2023 (1H23) was due to its Singapore and Turkiye operations.
“The Turkiye operations were hit by festive holidays compounded by long weekend holidays as well as the presidential election.
“On the other hand, IHH’s Singapore operation was hit by staff shortage which is easing gradually.”
KPJ’s 1H23 results came in within expectation thanks to higher patient throughput and higher bed occupancy rate (BOR) of 66% (compared to 52% in 1H22) as demand for non-Covid related services rebounded including elective surgeries cases.
The group’s net profit doubled thanks to better overhead absorption on an improved turnover, as well as reduced losses from its new hospitals.
On the sector outlook, Kenanga noted global healthcare expenditures are projected to reach a total of US$10 trillion by 2026, increasing from US$8.4 trillion in 2022, representing a compound annual growth rate of 3.5% during the five-year period.
“In 2023, we expect IHH’s revenue per inpatient growth of 10%-15% (versus. 18% in 2022 due to low base effect in 2021), inpatient throughput growth of 10%-15% and BOR of 60%-73% (versus 56%-70%% in 2022) for its hospitals in Malaysia, Singapore, India and Turkiye.
“We believe the key growth for its inpatient throughput and BOR will be the return of elective surgeries and medical travel, the addition of new beds and the first full-year contribution from the Acibadem Atasehir hospital.”
Similarly, it expects KPJ’s patient throughput to grow 14% (versus 12% in FY22) with BOR of 70%, which will be driven by the recovery in demand for its services, particularly, non-Covid related ones including elective surgeries.
Kenanga Research liked both the stocks for their pricing power being major private healthcare players.
3 weeks ago | Report Abuse
traditional bank also can be come on Digital bank , or buy any digital bank become own business. fact is see which bank cash is more .
3 weeks ago | Report Abuse
to be overtake Tenaga , tiger power Ummm today ...
1 month ago | Report Abuse
To be overtake TNB ..very soon .. Good Tiger
1 month ago | Report Abuse
why Maybank set target price 10 holding to TNB
1 month ago | Report Abuse
YTL and YTLP this few weeks green all people celebrate Lobster , Correction should be YTLP undervalue and TNB Overvalue . May be in future next 5 - 10 yrs YTLP Yummy TNB also possible .
1 month ago | Report Abuse
Preferred watching movie someone disposed another batches buying .... If you loses just take another few rounds Dividends
1 month ago | Report Abuse
Market reacted for TNB very embarrassing result today , Limit can hit today also ?
1 month ago | Report Abuse
follow big fish gameplay , dispose and buy lower price.
1 month ago | Report Abuse
Got changes 8 enter again very soon ...
1 month ago | Report Abuse
lol , Long term still have NETR, RE, EV, EU ..... also can consider YTL P ....
1 month ago | Report Abuse
that why EPF disposed a lots due to this reason . keep this in next Monday .
1 month ago | Report Abuse
what lol, where's the profit go someone EPS leftover 5.7 .jialat disposapointed.... special dividend no hope .. plan eat chicken chop but now roti kosong only .
1 month ago | Report Abuse
Another changes to collect lower price for Petronas 2.0
1 month ago | Report Abuse
PoPiPoPi QR next week like Nividia >100% ...
1 month ago | Report Abuse
good news and TMR got tenaga already
1 month ago | Report Abuse
wow another batches group stay at high condo , break 10 again today.
1 month ago | Report Abuse
Break 10 , holding power not strong enough keep it up 2 cents at least.
1 month ago | Report Abuse
think 9.8 is the Max .Kena Lepas already. wait 9 again.
1 month ago | Report Abuse
what's wrong lots of seller at 9.8 -9.81 .... why not wait til 9.91 ... jialat this is the QR news of TNB result this round.
1 month ago | Report Abuse
KUALA LUMPUR (Aug 9): Hong Leong Investment Bank (HLIB) Research said it expects stronger dividend payout from Tenaga Nasional Bhd (TNB) in the financial year 2023 (FY2023), to regain investors’ interest.
The research house has maintained its “buy” rating on TNB at RM9.60 with an unchanged target price of RM12.
In a note on Wednesday (Aug 9), HLIB said that under the National Energy Transition Roadmap (NETR), it expects TNB to accelerate its energy transitioning plan and further diversify its earnings base.
1 month ago | Report Abuse
Should be good news (TNB) and (Petronas) have inked a Joint Feasibility Study Agreement (JFSA) to forge ahead with studies for hydrogen business development in the country.
1 month ago | Report Abuse
EPF disposed Mon 5m ,Tue 3m result reduce bleeding , next after election stable will fly to top of London bridge.
2 months ago | Report Abuse
QR report macam go back to 3 ..... ????
2 months ago | Report Abuse
wow booster vaccine Viagra come again ... high target price will achieve soon ...
2 months ago | Report Abuse
possible be want take bigger share percentage of this company...
2 months ago | Report Abuse
why sold early , foreign investor just joined the energy connection.... hopefully space X have project built in Malaysia news.
2 months ago | Report Abuse
commensen, institute stay at < 7 floor , retailer always stay at high floor ....
2 months ago | Report Abuse
look good invite Warren buffett join for next PP....
2 months ago | Report Abuse
7.99 you need call EPF dispose daily 7-8 million per day , current disposed only 3-5 millions per Day only 50% speed dump the price for certain periods..
2 months ago | Report Abuse
EPF already slow down their progress dispose continuesly ... what they plan RM7.99 again , yummy 🤤
2 months ago | Report Abuse
Tenaga like roller coaster ride today ,EPF keep continues dispose how many millions per days . don't dream 9.5 or 10 .... watching 8.xx soon .
2 months ago | Report Abuse
EPF weel player plays 8.9x than raised back ... 9.1x again 8.9x ... can repeat two rounds so can earn some extra . TNB share gone anywhere else local institute control the flow chart. Foreign investor watched and said bye bye this robot share .
2 months ago | Report Abuse
Wow, bug shark dump lot money to sell tenaga share ... company trouble or something else to planning.
2 months ago | Report Abuse
MR Eight are you ready for today ..... EPF keeping dispose good changes.
2023-06-29 13:42 | Report Abuse
mana habis , still have Dividends cover mah ...
2023-06-28 17:17 | Report Abuse
ya ya from 16 to 8 increase 9 than 10 coming.... ha ha
2023-06-28 15:12 | Report Abuse
better search others Better companies , this monopoly business no good leadership and management,YTY price drop like hell.
2023-06-28 01:09 | Report Abuse
cowboy stocks you will be high floors.... rm2.5 is coming sooner
Stock: [PHARMA]: PHARMANIAGA BHD
2 weeks ago | Report Abuse
Goreng continues till Level 3 ..... Reserver more bullet to enter again .