This is a good counter, read their Q2 ending Feb'17 financial statements. The EPS after 2 quarters is 0.052 sen and it's a nett cash company. TMC (Kota Damansara) is about to expand to a 600 beds hospital from the current 200 plus, construction should start this year. Another hospital is being constructed in Iskandar if not mistaken will be called Thomson Iskandar. Current price is a 12-mth low, ESOS and warrant is at 0.75 sen at 1:1 conversion. Decide for yourself, all the best...
Can we average the EPS for 2017 at 0.26x4Q and multiply by 74 PE? which is around 76-77cent... but market price at 85 cent... that's why WB already reflected the value back to 0.175 from 0.26...
TMC PE = 70.1, Share price = 0.855 TMC PE will gradually reduce as they are experiencing double digit growth Q on Q. Another reason for the high PE is the huge issuance of shares 533,333,333 (RM400mil) to the Vendors to take over 100% of BB Waterfront S/B that owns Thomson Medical Hub in Johor Bahru. A hospital will be built in the Hub. This information can be read in Bursa M'sia website.
Friends, let the market volatile it, a lot of things out of our control just like ringgit exchange rate & oil price etc even customize... life still carry on ~.~
investment bank fed up by seeing the company kept issuing & excercising esos by the ceo and announcement only on esos news none other than a much better news.
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....
Prudent2
58 posts
Posted by Prudent2 > 2017-07-11 16:01 | Report Abuse
This is a good counter, read their Q2 ending Feb'17 financial statements. The EPS after 2 quarters is 0.052 sen and it's a nett cash company.
TMC (Kota Damansara) is about to expand to a 600 beds hospital from the current 200 plus, construction should start this year. Another hospital is being constructed in Iskandar if not mistaken will be called Thomson Iskandar.
Current price is a 12-mth low, ESOS and warrant is at 0.75 sen at 1:1 conversion.
Decide for yourself, all the best...