LYC HEALTHCARE BERHAD

KLSE (MYR): LYC (0075)

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Last Price

0.17

Today's Change

-0.01 (5.56%)

Day's Change

0.17 - 0.18

Trading Volume

575,600


4 people like this.

3,055 comment(s). Last comment by vic_amat87 3 weeks ago

NicholasNWH90

1,113 posts

Posted by NicholasNWH90 > 2021-01-03 00:59 | Report Abuse

Super strong support at 0.3. Wait for volume to come in.

NicholasNWH90

1,113 posts

Posted by NicholasNWH90 > 2021-01-27 18:46 | Report Abuse

GG. Broke support of RM0.3.

vincent

53 posts

Posted by vincent > 2021-01-27 19:26 | Report Abuse

no volume look people buy sell

Runners On

321 posts

Posted by Runners On > 2021-02-02 15:08 | Report Abuse

This counter can buy now and hold for 1 year. Confirm profit after the pandemic settle down

NicholasNWH90

1,113 posts

Posted by NicholasNWH90 > 2021-02-08 20:18 | Report Abuse

1 year is too long.

Posted by Anonymous99 > 2021-02-08 22:05 | Report Abuse

https://www.facebook.com/100366473389140/posts/3843901855702231/?sfnsn=mo

LYC featured in news. Are they one of the companies that benefited from this Covid?

Karlos

1,256 posts

Posted by Karlos > 2021-02-09 15:52 | Report Abuse

LYC will certainly benefit in the long term as healthcare is a fast growing service industry as the income level and percentage of elder population of the country rise.

TokAbah

1,203 posts

Posted by TokAbah > 2021-02-16 16:09 | Report Abuse

LYC shd compete with KPJ and share the equitable of pie cake lor. 69sen will be in memory. Hihi

Posted by Azam Sahlan > 2021-02-17 08:51 | Report Abuse

for punters, as long theres healthcare in the name at this moment...it sounds good hahaha

Wt345986

30 posts

Posted by Wt345986 > 2021-02-19 09:36 | Report Abuse

RM 0.30,

Posted by Covidtrader > 2021-02-22 01:02 | Report Abuse

Now its coming

Posted by GorengHealthcare > 2021-02-22 21:15 | Report Abuse

Healthcare? I like.

I will support Dr Lim

Posted by FSL 冯时龍 > 2021-03-17 19:57 | Report Abuse

lyc will be good in coming future
doing well in confinement canter

Posted by Anonymous99 > 2021-03-18 21:58 | Report Abuse

LYC has just announced a joint venture with Singapore's O&G Hospital to operate a confinement centre in Johor.

https://www.theedgesingapore.com/news/deals-joint-ventures-alliances/singapore-og-announces-jv-lyc-healthcare-establish-postpartum

Just for those who do not know, Singapore O&G Hospital is a listed Obstetrics and Gynecology Hospital in Singapore. This joint venture will make O&G a strategic partners that would bring consistent Singapore customers to LYC Confinement.

bjgdila123

3,463 posts

Posted by bjgdila123 > 2021-03-19 12:21 | Report Abuse

tp 1.00 coming ,now start sapu 0.30

AngryBird

170 posts

Posted by AngryBird > 2021-03-25 09:25 | Report Abuse

LYC definitely can be kept for long term and will be great in future

Management is good and on the right path.

Now QR shows lose because they are throwing the money to build the confinement business which is no harm.

AngryBird

170 posts

Posted by AngryBird > 2021-03-25 09:30 | Report Abuse

I have been collecting since 0.26, my tp will be 0.35| 0.4| 0.45 for half year time

AngryBird

170 posts

Posted by AngryBird > 2021-04-08 10:57 | Report Abuse

LYC gogogo! tp 0.35 today! HC is back!

AngryBird

170 posts

Posted by AngryBird > 2021-04-08 11:18 | Report Abuse

LYC tickets not too much (391m), and very good for long term, collect <0.3 is sure earn

MadCow75

3,091 posts

Posted by MadCow75 > 2021-04-08 23:37 | Report Abuse

lyc, lang yan counter... how to move over 0.3

mych11

97 posts

Posted by mych11 > 2021-04-09 12:18 | Report Abuse

accumulate

mych11

97 posts

Posted by mych11 > 2021-04-14 09:59 | Report Abuse

LYC Healthcare-SOG to expand confinement centre operations
TheStar Wed, Apr 14, 2021 07:50am - 2 hours ago



Given Johor’s population, total live births and median income trailing closely behind Selangor and Kuala Lumpur, LYC said Johor is an attractive location for the group’s expansion plans.

KUALA LUMPUR: LYC Healthcare Bhd’s (LYC) wholly-owned subsidiary, LYC Mother & Child Centre Sdn Bhd, has incorporated a 51%-owned subsidiary LYC SOG Mother & Child Sdn Bhd to expand its confinement centre operations in Johor with Singapore O&G Ltd (SOG).

In a filing with Bursa Malaysia, the group said the remainder 49% of the company is owned by SOG’s wholly-owned subsidiary, SOG Mummy and Baby Centre Pte Ltd.“The joint venture between LYC and SOG enables LYC to rely on SOG’s strong branding and presence in Singapore to reach out and serve the Singaporean customers while LYC Mother and Child Centre leverages on its established track record in confinement business to set up and manage the proposed confinement centre in Johor, ” it pointed out.

Given Johor’s population, total live births and median income trailing closely behind Selangor and Kuala Lumpur, LYC said Johor is an attractive location for the group’s expansion plans.

“It also allows LYC to derive economies of scale and synergies from cross marketing of services under its other healthcare and wellness related services such as fertility, child care and cosmetic and aesthetic business, ” the group noted.

SOG is a leading healthcare service provider for delivering premier quality medical services to women and children’s health and wellness at affordable prices.

AngryBird

170 posts

Posted by AngryBird > 2021-04-22 09:52 | Report Abuse

average new born baby 1200 per day in Malaysia, confinement center future really really good as ppl nowadays prefer to stay at confinement center, unlike previously

LYC good!

mych11

97 posts

Posted by mych11 > 2021-05-07 13:17 | Report Abuse

with covid, need centers with higher safety standards...

TokAbah

1,203 posts

Posted by TokAbah > 2021-05-19 20:50 | Report Abuse

LYC is Healthcare. It is about time to fly.
Healthcare theme in play. This stock easily to fly.
The share issue too litle maa

Posted by Anonymous99 > 2021-05-20 22:58 | Report Abuse

https://www.sinchew.com.my/content/content_2480108.html

LYC venturing to health ingredients manufacture. High hopes for what the company's future growth. Seems like they are aggressively expanding to different business.

MadCow75

3,091 posts

Posted by MadCow75 > 2021-05-24 22:06 | Report Abuse

lan yan counter...

armt

415 posts

Posted by armt > 2021-05-25 21:12 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/05/24/lyc-healthcare-bets-on-ma-to-drive-growth

LYC Healthcare bets on M&A to drive growth

PETALING JAYA: LYC Healthcare Bhd, which is known for its confinement centres, is embarking on the next phase of growth by diversifying into functional food ingredients supply.

For years, LYC Healthcare has been focusing on growing its business organically, mainly in the healthcare industry, including a confinement centre, family clinic, fertility centre and senior living homes that involve high capital expenditure.

The group has been loss-making since 2017 as most of its businesses were in the gestation period.

However, this is about to change as LYC Healthcare has been making a slew of acquisitions since last year that also come with a profit guarantee.

The latest one is the proposed acquisition of 70% in Aqurate Ingredients Intl (M) Sdn Bhd for RM36.40mil cash last week.

Aqurate supplies functional food and health ingredient solutions for the nutraceutical industry, including functional foods, foods for medical purposes and food supplements. It is also involved in the pharmaceutical, healthcare and cosmeceutical industries.

Speaking to StarBiz, LYC Healthcare group chief executive officer-cum-managing director Sui Diong Hoe hopes to turn around the company to profitability through its recent acquisitions.
“Over the past few years, LYC Healthcare has been investing aggressively in organic growth.
“As a result, we have incurred a lot of start-up costs and our businesses are still in the gestation period, ” he said.

“Last year marked a change in our strategy as we acquired two profitable Singapore medical centres, HC Orthopaedic Surgery and T&T Medical Group, and an associate stake in ANOC in Malaysia.

“These acquisitions will help accelerate our path to profitability while at the same time ride on the growth in healthcare-related services with an ageing population in Malaysia and Singapore, ” he added.

Last year, LYC Healthcare bought a 51% stake T&T Medical Group Pte Ltd, which comes with a profit guarantee of SG$1.3mil (RM4.04mil) and SG$1.7mil (RM5.3mil) over a three-year period until 2024.

Its recent acquisition of Aqurate also comes with a profit guarantee portion of RM19.5mil for three financial years, which would boost LYC Healthcare’s bottom line.

LYC Group took over the listing status of Mexter Technology Bhd five years ago and has yet to report any profits.

Sui said the acquisition of Aqurate is to capture the growing demand for supplements and a renewed focus on preventive healthcare due to the Covid-19 pandemic. He pointed out that more Malaysians were buying supplements such as probiotics to strengthen their immune system and complete nutrition to fulfil their daily nutrient intake.

“Other factors leading to growth in the functional food ingredient business are Malaysia’s ageing population, which increases the needs for products that supplement the intake of vitamins, calcium and other supplements, and this has led to change in consumer preferences, ” he said.

For comparison purposes, listed companies that are in the functional food ingredients category include Nova Wellness Group Bhd and Bioalpha Holdings Bhd.

On its current business, Sui said the group was continuing with its expansion with the focus of achieving economies of scale.

“We believe most of our organic healthcare expansions are reaching maturity stage and will start to become operationally profitable in the coming year, ” he said.

For this year, the group is expanding its confinement centre in Johor that would increase its total bed numbers to 182 from 122 beds.

It is also planning another 70-bed expansion to capture the Johor and Singapore market.
At the moment, LYC Healthcare operates three confinement centres in the Klang Valley.

“As the commercial market is being severely impacted due to Covid 19, we have been approached by several property developers or owners to consider their properties and are exploring new business models which allow us to become confinement centre operators for their properties in exchange for management fees.

“We believe this model will allow us to minimise our capital investment outlay and achieve better returns with faster investment payback, ” Sui said.

TokAbah

1,203 posts

Posted by TokAbah > 2021-05-26 14:30 | Report Abuse

Watch out closely on volume pattern. This stock being hibernate for quite some time already lorr. Buy when less oeople realising it

dchin472

309 posts

Posted by dchin472 > 2021-06-02 21:32 | Report Abuse

this compant want to bets on business,gamble ka?

dchin472

309 posts

Posted by dchin472 > 2021-06-02 21:34 | Report Abuse

merge with how many company also the same ,as the group management should improve first,couldnt be u do 10yrs also loss making

Karlos

1,256 posts

Posted by Karlos > 2021-06-21 22:48 | Report Abuse

LYC to be a distributor for inactivated Covid 19 vaccine from China. This should be good for LYC

davidkkw79

5,068 posts

Posted by davidkkw79 > 2021-06-22 07:40 | Report Abuse

http://www.theedgemarkets.com/article/lyc-healthcares-unit-signs-covid19-vaccine-distribution-agreement#.
LYC Healthcare's unit signs Covid-19 vaccine distribution agreement - The Edge Markets

bjgdila123

3,463 posts

Posted by bjgdila123 > 2021-06-22 07:44 | Report Abuse

LU tdy not many share floating.... will sapu kau kau

gohkimhock

2,938 posts

Posted by gohkimhock > 2021-06-22 08:27 | Report Abuse

get your cash flows back on track first. So far MY govt only recognized Pharmaniaga and Duopharma as the covid19 distributors..

123eztrade

642 posts

Posted by 123eztrade > 2021-06-22 11:00 | Report Abuse

first push started with a fancy news. Good

Karlos

1,256 posts

Posted by Karlos > 2021-06-22 19:39 | Report Abuse

More health care related biz for LYC looking after senior citizens , a definitely a fast growing future biz. LYC is involving in the right biz of health care and those who intend to grow with this kind of biz should invest for the future.

TokAbah

1,203 posts

Posted by TokAbah > 2021-06-23 03:38 | Report Abuse

30sen sap sap sui lorr

TokAbah

1,203 posts

Posted by TokAbah > 2021-06-23 09:59 | Report Abuse

Keep it and harvest within 1mth.

bjgdila123

3,463 posts

Posted by bjgdila123 > 2021-07-06 11:08 | Report Abuse

mau gerak.. sapu sikit sikut

Posted by SISHunter > 2021-07-09 11:31 | Report Abuse

Yup, good time to start collect..... signal from ADX & Momentum

MadCow75

3,091 posts

Posted by MadCow75 > 2021-07-15 01:27 | Report Abuse

this is lan yan counter... better dun touch...

BestOne

318 posts

Posted by BestOne > 2021-07-19 15:03 | Report Abuse

Yess momentum is up, proce is moving, volune is coming..

BestOne

318 posts

Posted by BestOne > 2021-07-19 15:30 | Report Abuse

Health and medical care are crucial than ever in the pandemic or prolonged pandemic situation, COVID19 is not going to go away any sooner given the third wave hitting ASIA and the world.

Mega24

10 posts

Posted by Mega24 > 2021-07-19 16:32 | Report Abuse

Gogo lyc

TokAbah

1,203 posts

Posted by TokAbah > 2021-07-22 01:07 | Report Abuse

Gonna test resistance. Hibernation mode almost over

Posted by ipohwhitecoffee > 2021-07-23 15:23 | Report Abuse

above 30 finally

Mega24

10 posts

Posted by Mega24 > 2021-07-23 18:40 | Report Abuse

What tp for lyc??

bjgdila123

3,463 posts

Posted by bjgdila123 > 2021-07-23 18:46 | Report Abuse

rm 1.30 bro, collect3

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