greatful, there is a good write up on TMC in the latest issue of The Edge Malaysia. This is a steady grow company and growth can be accelerated if the Company chooses the M&A route. KPJ and IHH did that and.....................cheers.
TMC Life Sciences' 3Q net profit rises near 13% as revenue improves
April 21, 2016
Kuala Lumpur (April 21): TMC Life Sciences Bhd saw its net profit rise by 12.7% to RM3.28 million in its third financial quarter ended Aug 31, 2016 (3QFY16) from RM2.91 million in 3QFY15, mainly due to higher revenue recorded and interest income earned.
Revenue for 3QFY16 jumped 18.8% to RM31.39 million from RM26.41 million in the previous corresponding quarter, mainly due to higher patient load with increased bed capacity, additional consultants recruited and higher growth in its fertility business.
For the cumulative nine months ended Aug 31, 2016 (9MFY16), its net profit climbed 60% to RM9.51 million from RM5.94 million a year ago while revenue jumped 24.2% to RM92.79 million from RM74.68 million.
In a bourse filing, TMC Life said the growth prospects for the healthcare sector in Malaysia remains positive, fueled by changing demographics, a more affluent society and more health-conscious lifestyles in Malaysia. Medical tourism is also growing.
"With the recent completion of two new wards, our hospital in Kota Damansara is now a 200-bed hospital to meet the growing demand.
"The group plans to open a new TMC Fertility Centre branch in Ipoh and a retail pharmacy in Johor Bahru during the financial period ending Aug 31, 2016," it added.
Here's the strategy.........Keep calm and buy all you can afford............then use huge profit to buy new super duper smart phone and go search for Pokemon. When you achieve Pokemon grandmaster come back & look for another super stock. For now GOOD LUCK! Cheers!
Now untung 14 million,kalau lagi satu tahun untung 50 million ke atas?harga saham sekarang akan focus future yg akan datang,yu see courter ini harga naik dengan vol yg kecil sahaja!
The share price of TMC is not determined by loose talking, but by the performance of the company so the price has only one direction ........UP. If you have sold please keep quiet.........maybe buy VIVO or some other exciting counters. Good luck and Cheers!
I'm holding some shares of TMC Life for now, don't plan to dispose anytime soon, but isn't it a little weird that the PE does not seem justifiable? More like a tech company PE, even tech companies may not have this valuation.
Is everybody happy? In a recent interview the very well qualified CEO has hinted how TMC will grow............organically, and M&A. When growth is anticipated to be rapid, the importance of PE is diminished. Anyone who can hold for a bit should add............Good Luck & Cheers
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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....
Myeye
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Posted by Myeye > 2016-08-12 10:00 | Report Abuse
YESSSssss