Every year most of stocks they push the volumes during the table day. So, 3-4 days before they make any stock looks moody because they want to collect first and throw away on tomorrow. Tomorrow waves might be until next week, monday and tuesday.
i'm not sure this one benefited or not. But for sure they already collect as much as they can until today. so, for those who wanna recover from lost, tomorrow is the right day to throw.
extraction from chairman's statement...The Group has expanded its products to pharmaceutical companies allowing online feedback of side effects and efficacy. The digital pharma platform is currently being rolled out in Malaysia and it is expected to expand into the Asia region. i-Medic™ will also track the medication prescribed and also track the usage of the medication including timely reminders to ensure patient adherence. Educational medical knowledge is disseminated to the patients directly to increase the medical knowledge and brand awareness. Insurance is the major payor of the medical expenses in most countries and insurers are rushing to embark on digital insurance and digital health. The Group has invested resources to research and develop breakthrough technologies in i-Medic™ that would disrupt the insurance business today and the product will be launched in second half of the fiscal year. The Group signed a partnership deal with Inova, a Third-Party Administrator that has presence in the USA and Asian countries to market the i-Medic™ products in these countries. Since USA is leading in digital health and it is growing rapidly, we expect this territory to be a major revenue contributor for our FYE 2020 onwards.
Digital health or telemedicine outlook on global scale is expected to increase to USD118B by the year 2025, and we expect the market in most developed as well as developing countries to grow in tandem over the next few years. The Minister of Health in Malaysia has announced that the country will be on trajectory of digital health in the next three years and we expected to have higher adoption rate. The Group started the research and development work of the digital health platform approximately 5 years ago and the product is officially launched and well adopted over the past three years. i-Medic™ was developed to enable doctors to provide medical consultation and prescription to remote patients based on the aggregated Electronic Medical Records and regularly uploaded vital signs taken from mobile medical devices. i-Medic™ is first launched in China targeting the high-end patients with the membership packages for chronic disease management and the Group continues to expand on this market through doctors or hospitals. Today, there are doctors and patients in China, Taiwan, Singapore, Indonesia, Malaysia, Russia, Middle East and the USA using i-Medic™ for online medical consultations. These are largely self-pay customers who have high awareness of their health. In addition to the high-end patient market, the Group has also developed a model specifically for the mass market through the public hospitals. The number of user licenses sold has increased dramatically over the past two years. The Group will continue to expand its influence in the public hospitals or ministry of health to establish the dominance in this market. In the past fiscal year, the Group has stepped up and will continue to increase its investment in R&D on developing new technologies and capabilities in its core product - i-Medic™ targeting the pharmaceutical and medical insurance applications.
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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....
CITADEL
1,867 posts
Posted by CITADEL > 2019-09-12 21:03 |
Post removed.Why?