Posted by bowman > 2019-01-31 09:02 | Report Abuse

Ex-rights on Jan 23. So technically, there is more certainty in sharebase. ie. no more conversion to dilute existing share base. This augurs well for this and we can expect a rise pretty soon in prices. In other words, it should be in uptrend, all things considered

Posted by Junqi > 2019-02-01 16:00 | Report Abuse

There are still sizeable ESOS to be converted
at 0.91 cts

Posted by hoplanner > 2019-02-02 15:30 | Report Abuse

Are you one of the staff?

Posted by commonsense > 2019-02-05 17:42 | Report Abuse

KPJ has a proven track record in delivering both revenue and profit growth to its shareholders which is mainly derive from the increase of numbers from both the hospital (from only 19 in 2009 to now 25 hospitals as of early 2019) and available beds (from 2,503 to now 3,060).

Between FY09 to FY17 revenue grew from RM1,456mil to RM3,224mil (which is an average growth rate of 10.5%) while profit to shareholders grew from RM111mil to RM162mil (a slower average growth rate of 4.9%). 9m18 result fared a lot better with KPJ delivering a profit of around RM126mil during the period vs 9m17 profit of only RM101mil.

The issue with KPJ is not on the company’s business outlook but mainly on its very rich valuation. The 6 analysts covering the stock has an average profit to shareholder of RM187mil for FY18 and RM203mil in FY19. At the current price, this would mean that KPJ is already trading at a high valuation of 25.3x trailing PE and 23.3x fwd PE. At this valuation, most of the optimisms/ growth of the company would have already been baked into the share price.

If you are looking to diversify your portfolio outside of KPJ (relatively high valuation), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Posted by James Ng > 2019-02-17 12:55 | Report Abuse

https://klse.i3investor.com/blogs/general/193728.jsp
[转贴] [Facebook live:浅谈KPJ healthCare bhd (KPJ)] - James的股票投资James Share Investing

Posted by chanph > 2019-02-19 19:36 | Report Abuse

Qtr looks ok

Posted by shpg22 > 2019-02-19 22:31 | Report Abuse

Qtr looks ok. Price is not ok. Valuation highest among healthcare provider.

Posted by Junqi > 2019-02-20 08:51 | Report Abuse

shpg22. Look at IHH PE 100, TMC PE 40. KPJ PE 28.
Highest valuation?.

Posted by shpg22 > 2019-02-20 09:54 | Report Abuse

If its as simple as looking at the PE for valuation, everyone will be rich.

Posted by Gabriel Khoo > 2019-02-21 20:19 | Report Abuse

Shpg22 then what valuatio you mentioned here? Contradict?

Posted by Penguin88 > 2019-02-21 22:32 | Report Abuse

Previously EPF was selling aggressively and cap the price..hopefully now the price can perform after a good result

Posted by shpg22 > 2019-02-26 11:58 | Report Abuse

You need to look at all angles for valuation. Current P/E, P/B, future growth & DY historical div payout, earning, book, Share Dilution, FCF, Debt/equity, Liquidity etc. It is not as simple as looking at P/E or else the fools will be filthy rich.

Posted by Junqi > 2019-02-28 19:10 | Report Abuse

Someone forcing share price down

Posted by Heavenly PUNTER > 2019-02-28 19:11 | Report Abuse

yaya typical conspiracy theory, operator lah big shark lah, press price down want to accumulate more lah

Posted by hoplanner > 2019-03-01 10:49 | Report Abuse

Agree with Junqi. It happened a few times in the past 2 yrs. just recently it went down to 95sen and now the same cindy kate is conspiring. It an advantage to be big

Posted by Junqi > 2019-03-05 14:46 | Report Abuse

Million of shares traded everyday, and the price stays almost unchanged
So strange. Anyone can explain?

Posted by Money122 > 2019-03-08 10:47 | Report Abuse

I think it can trend higher

Posted by witchjaz > 2019-03-15 12:27 | Report Abuse

KUALA LUMPUR (March 15): UOB Kay Hian analyst Philip Ching Wern Wong upgraded the recommendation on KPJ Healthcare Bhd to buy from hold.

* Price target (PT) raised to RM1.22 from RM1.04, implies 17% increase. KPJ Healthcare average PT is RM1.18.

* KPJ Healthcare had 8 buys, 9 holds, 1 sell previously: Bloomberg data

* Analysts haven't changed their consensus one-year target price for the stock in the past six months. Forecasts range from 96 sen to RM1.35.

Posted by Irwan0655 > 2019-03-17 22:26 | Report Abuse

Testing

Posted by Shadows > 2019-03-26 17:51 | Report Abuse

I notice Manjung hospital KPJ construction still hanging there for few months and no contractors is working. How much it will cost for incomplete constriction everyday.

Posted by hoplanner > 2019-03-27 18:12 | Report Abuse

No wonder the price dropped suddenly, from 1.02 to o.95!

Posted by hoplanner > 2019-03-27 18:13 | Report Abuse

......to o.99! Soon o.95.

Posted by Junqi > 2019-04-03 19:24 | Report Abuse

I notice EPF is lately collecting KPJ around 0.99 to 1.01
Maybe its a good time to follow.sooner or later it will push the price up
Anyway i feel KPJ is oversold and can collect

Posted by soon9913 > 2019-04-15 17:58 | Report Abuse

who is selling to epf??

Posted by Junqi > 2019-04-15 18:31 | Report Abuse

Million of esos shares flying around.
Esos price only 0.91
Most are not long term holders.Many had to borrow money from banks
to exercise their esos

Posted by Win188 > 2019-04-17 18:28 | Report Abuse

it's good opportunity to buy KPJ below 1.00

Posted by soon9913 > 2019-04-17 18:30 | Report Abuse

what happen drop so much today

Posted by hoplanner > 2019-04-17 23:26 | Report Abuse

Tmrw AGM

Posted by Manekineko > 2019-04-25 17:08 | Report Abuse

@Junqi, what do you mean by "Most are not long term holders. Many had to borrow money from banks to exercise their esos"? The employees?

Posted by Win188 > 2019-04-27 11:33 | Report Abuse

price close below 1.00

Posted by Investeye > 2019-05-03 21:17 | Report Abuse

Take opportunity to accumulate KPJ base on recent price dropped..
From the period 4th Feb ~ 29th Apr ( From 406,969,380 to 466,569,880 ) ; EPF had bought in close to 60 Mils shares !!

Posted by BringMeFly > 2019-05-14 22:30 | Report Abuse

good time to accumulate

Posted by Christine Chen > 2019-05-31 12:58 | Report Abuse

Qtr out

Posted by Scavenger23 > 2019-05-31 15:47 | Report Abuse

0.005 dividend per share real joke

Posted by Money122 > 2019-06-21 17:27 | Report Abuse

Gap up!!

Posted by David_share > 2019-06-21 20:33 | Report Abuse

Heard epf keep buying... Upupup

Posted by Investeye > 2019-06-28 10:16 | Report Abuse

Yes, It is interesting that EPF keep on buying from Mar 2019 ( based on Company announcement from Bursa )
Here are the EPF holding quantity:
21 Jun : 498,371,880
29 May : 489,364,380
30 Apr : 466,723,780
28 Mar : 424,773,880
27 Feb : 410,542,880
30 Jan : 407,969,380
8 Jan : 414,596,980

Posted by bowman > 2019-07-03 06:32 | Report Abuse

financials coming online perhaps, with all hospitals open for biz

Posted by Hanzo > 2019-07-04 10:11 | Report Abuse

Already at lowest point and totally underrated stock. Going to fly again to 1.0 once the volume started to kick in.

Posted by Investeye > 2019-07-04 21:39 | Report Abuse

As EPF is actively accumulating KPJ shares ( 499 mil as per 26th Jun) and recently KPJ started to buy back it shares as well ( last share buy back was 6m ago)..
So, take opportunity to buy some lots...

Posted by Tomatoman79 > 2019-07-06 07:59 | Report Abuse

KPJ non stop buyback. good. thats mean management feel the price now is too cheap and not reflecting real value

Posted by Win188 > 2019-07-06 11:20 | Report Abuse

any idea? hold or sell?

Posted by darkangell > 2019-07-08 16:22 | Report Abuse

waiting for profit

Posted by Albert555 > 2019-07-08 22:50 | Report Abuse

Share buyback could do more goods than bad. It is not too late to buy more now.

Posted by koowakzai > 2019-07-09 09:53 | Report Abuse

Enter at 0.95. Health care and hospital is sustainable business. Aging population, growing population all need healthcare.

Posted by richcares > 2019-07-09 09:56 | Report Abuse

Making huge profit but share price sleeping

Posted by Tomatoman79 > 2019-07-09 11:41 | Report Abuse

u go KPJ and ask them about warded. they will say all bed full. my kid was sent to other hospital. this is how good their business.

Posted by Keeninvestor11 > 2019-07-10 11:51 | Report Abuse

Buy now before the price move up.

Posted by koowakzai > 2019-07-11 22:22 | Report Abuse

Huge SBB

Posted by Junqi > 2019-07-12 07:59 | Report Abuse

KPJ now has millions of buyback shares. Hopefully they will be given to shareholders as dividend
Hopefully these SBB shares would be given as dividends to shareholders