Why KPJ is next gem for post covid-19? Based on Fundamental analysis our current PE guideline is approx 57.14 (Based on 1.75% of BNM base rate) however KPJ PE=17.47@RM0.83 thus the actual price for KPJ should be RM2.71. Covid-19 only good for medical sector (more clearly is protective medical equipment “glove, mask, face shield and etc” and diagnosis instrument “thermo scanners, PCR tester and etc” For Malaysia top glove, harta, kossan and supermx all are the first round winners. For the last stage of vaccination development, now is the time to look for the next gem but unfortunately our country is impossible to produce these vaccine. The only vaccine we can get is import and we hv 20+mil ppl need to be vaccinated. Early stage of vaccine must be very expensive and gov won’t sponsor. We only can get vaccinated through private hospital no matter for travel or job requirement or just stay safe. Based on 2019, KPJ recorded 2,629,878 outpatients @ net profit 226.7mil with 28 hospitals overall the state. If half of 20mil ppl go KPJ for vaccination so approx net profit can reach up to 1bil. And u need to know tat those vaccine isn’t 1 injection for lifetime (like seasonally flu vaccine) and must get it semi or annually. RM1k-2k per vaccine per yrs for everyone to stay safe is new normal of post covid-19. And it is long term investment value of KPJ.
wao! great quarterly result. recover straight to pre covid level. seems like there is a v shaped recovery in healthcare sector. with more beds coming on next year, revenue going to achieve record high if covid situation improves
Wow... didnt expect TMC is back to net profit of 7.8m which is back in line with their performance the year prior to covid, i think above .60 is a fair price under this uncertainty period. 1. I am here for the long hold... i think people are finally picking up the gist from Budget 2021 with the approval of RTS (singapore-johor rail), their new medical hub will be racking in tonnes of cash from medical clients from our rich rich neighbor once border reopens. https://www.theedgemarkets.com/article/no-slowing-down-tmc-life 2. This year a lot of people also stuck at home too bored then might have increase their sx drive, if this is true (which i hope so with the increase in condoms sales, Hi karex!), there should be a slight baby boom= more biz for their fertility centers 3. Covid 19 comes with tonnes of long term side effect/ symptoms.... https://www.who.int/docs/default-source/coronaviruse/risk-comms-updates/update-36-long-term-symptoms.pdf?sfvrsn=5d3789a6_2 medical biz will need to account for all this new customers in the near future, especially with us being a medical tourism industry country... i foresee quite some substantial profit increase from this as well. 4. Look at how much epf is buying back on kpj, something is brewing for this side of the medical sector soon, tmclife should also be affected
Take this with a pinch of salt, no buy call no sell call Just bought some to join in and watch the show.... will add more during next qr results
I like the company managment rewarding their top management. their esos exersize price is at RM1.00. meaning only when TMC share price above RM1.00 only they will be rewarded.
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Posted by Myeye > 2020-06-12 09:15 | Report Abuse
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