SINMAH CAPITAL BERHAD

KLSE (MYR): SMCAP (9776)

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Last Price

0.06

Today's Change

+0.005 (9.09%)

Day's Change

0.06 - 0.06

Trading Volume

20,000


4 people like this.

1,873 comment(s). Last comment by khpwwl 1 month ago

thesteward

6,782 posts

Posted by thesteward > 2019-12-20 17:04 | Report Abuse

I hv a good feeling about this counter for next week. Let’s see .

khpwwl

3,482 posts

Posted by khpwwl > 2019-12-20 17:24 | Report Abuse

Really....

thesteward

6,782 posts

Posted by thesteward > 2019-12-27 13:54 | Report Abuse

Let’s see lo next week ;-)))

Posted by underthebigtree > 2020-01-02 16:15 | Report Abuse

look like salted fish alive

thesteward

6,782 posts

Posted by thesteward > 2020-01-05 14:58 | Report Abuse

Told you haha n Cun cun again . sold .185 n bot back all .175 same day
Keep a watch this counter should do well this year .
Malacca is v near Spore ...Sporeans seems to like Malacca. I believe their healthcare business w be v v lucrative business there coupled by their developments there . Now foreigner can buy properties rm600k and above ...very affordable .
Smcap don’t miss .,,
Nta above 90 Sen

dompeilee

11,888 posts

Posted by dompeilee > 2020-01-05 21:02 | Report Abuse

Operating cashflow deeply -ve

calvin5025

535 posts

Posted by calvin5025 > 2020-01-14 13:16 | Report Abuse

sell and sell

calvin5025

535 posts

Posted by calvin5025 > 2020-01-27 08:52 | Report Abuse

sell and sell

Bull13

1,106 posts

Posted by Bull13 > 2020-01-27 11:15 | Report Abuse

Hidden gem...provides healthcare services and hospital beds. Tomorrow everyone will be chasing!!

Bull13

1,106 posts

Posted by Bull13 > 2020-01-27 11:45 | Report Abuse

Buy only glove companies, healthcare sectors only...everything else sell

Bull13

1,106 posts

Posted by Bull13 > 2020-01-28 19:00 | Report Abuse

China to order hospital beds from Malaysia?

calvin5025

535 posts

Posted by calvin5025 > 2020-01-29 09:15 | Report Abuse

sell and sell

Bull13

1,106 posts

Posted by Bull13 > 2020-01-30 17:26 | Report Abuse

Sinmah cap biz is similar to LKL health business. Nobody notice it and the giant will awaken anytime.

Bull13

1,106 posts

Posted by Bull13 > 2020-01-30 18:14 | Report Abuse

PETALING JAYA: Former poultry producer, Sinmah Capital Bhd (SMCap), has earmarked RM100 million to build a hospital in Nilai as it makes its maiden venture into the healthcare sector.

The company, via 70%-owned unit Sinmah Amegajaya Healthcare Sdn Bhd (SAH), inked a deal to acquire a piece of property in Nilai for RM27 million, and plans to redevelop it into Malaysia’s first full-service ‘Integrated Public-Private University Hospital’ (IPPUH).

Speaking to reporters after the signing ceremony, SMCap's managing director, Datuk Fong Kok Yong, said construction would be completed in 28 months from March, and that the money would be raised via internally-generated funds and bank borrowings.

Bull13

1,106 posts

Posted by Bull13 > 2020-01-30 18:15 | Report Abuse

PETALING JAYA: Former poultry producer, Sinmah Capital Bhd (SMCap), has earmarked RM100 million to build a hospital in Nilai as it makes its maiden venture into the healthcare sector.

The company, via 70%-owned unit Sinmah Amegajaya Healthcare Sdn Bhd (SAH), inked a deal to acquire a piece of property in Nilai for RM27 million, and plans to redevelop it into Malaysia’s first full-service ‘Integrated Public-Private University Hospital’ (IPPUH).

Speaking to reporters after the signing ceremony, SMCap's managing director, Datuk Fong Kok Yong, said construction would be completed in 28 months from March, and that the money would be raised via internally-generated funds and bank borrowings.

The company is also looking at a sukuk issuance of a couple of tranches to raise RM500 million to fund the development of a number of hospitals, Fong said, with the first tranche of RM200 million to be issued this year.

Even so, raising such amounts could prove daunting for SMCap, formerly known as Farm’s Best Bhd, given its soft financial and share price performances.

The loss-making company closed one sen, or 7.14%, lower to 13 sen yesterday, valuing it at RM7.94 million. Over the past year, the counter has lost a massive 66.1% of its worth.

SMCap divested its poultry business in 2017, after which it teamed up with Amegajaya Medical Planning Group (AMP) to set up SAH, the developer of the 200-bed IPPUH in Nilai.

“The Nilai hospital will chart many firsts including offering multi-tier services that meet the needs of different market segments and the setting up of the country’s first integrated Centre of Excellence for Autism & Geriatric Care.

“Our first IPPUH will provide a blueprint for SMCap’s future investments in the healthcare sector,” Fong said.

Universiti Teknologi MARA would be the clinical partner in operating the Nilai IPPUH.

The IPPUH will provide a platform for the government to introduce healthcare insurance which is crucial for the Bottom 40 group, he said, adding that the company is also collaborating with some local insurance companies to help shape efficient healthcare economics.

He expects the hospital to break even in four to five years after it is operational, but said it would also depend on public acceptance.

He also said the company aims to build a minimum of 20 to 25 IPPUHs over the next decade in a number of states including Negeri Sembilan, Malacca, Selangor, Perak and Kedah.

Fong said SMCap is looking to develop a hospital in Cheng, Malacca within the next few months, and establish a nursing school next to the hospital. It has allocated RM200 million in capital expenditure for this development. Although some of the funds would be internally generated, it would also leverage bank borrowings and islamic debt papers.

Bull13

1,106 posts

Posted by Bull13 > 2020-01-30 18:18 | Report Abuse

Last QR rm15m before tax. So vs IHH, it may be small but 15s is too cheap. Lots of upside

bleuerouge

3,221 posts

Posted by bleuerouge > 2020-01-31 12:25 | Report Abuse

price look attractive, got support 0.140, kasi sapu cepat

khpwwl

3,482 posts

Posted by khpwwl > 2020-01-31 17:28 | Report Abuse

This stock still in collecting mode

calvin5025

535 posts

Posted by calvin5025 > 2020-02-01 12:52 | Report Abuse

ask to sell already

bleuerouge

3,221 posts

Posted by bleuerouge > 2020-02-04 09:52 | Report Abuse

sudah mari, kasi fly

khpwwl

3,482 posts

Posted by khpwwl > 2020-02-10 12:29 | Report Abuse

change hand?...

calvin5025

535 posts

Posted by calvin5025 > 2020-02-10 12:36 | Report Abuse

ask sell already, dont hear

calvin5025

535 posts

Posted by calvin5025 > 2020-02-11 09:37 | Report Abuse

sell and sell will below 0.09

bleuerouge

3,221 posts

Posted by bleuerouge > 2020-02-13 22:10 | Report Abuse

hold tight !!

calvin5025

535 posts

Posted by calvin5025 > 2020-02-24 09:24 | Report Abuse

sell and sell

calvin5025

535 posts

Posted by calvin5025 > 2020-02-26 12:02 | Report Abuse

down more please

calvin5025

535 posts

Posted by calvin5025 > 2020-02-28 13:47 | Report Abuse

told to sell already

Kawelegen

302 posts

Posted by Kawelegen > 2020-02-28 15:57 | Report Abuse

Really no big volume dumping. What the panic about

calvin5025

535 posts

Posted by calvin5025 > 2020-03-02 11:57 | Report Abuse

told down to 0.09 below lo...

Posted by SENSEI2011 > 2020-03-02 16:01 | Report Abuse

wahhh...also deleted

calvin5025

535 posts

Posted by calvin5025 > 2020-03-09 11:55 | Report Abuse

good to down

khpwwl

3,482 posts

Posted by khpwwl > 2020-03-12 08:18 | Report Abuse

When rebound, this counter shld be kaw kaw

calvin5025

535 posts

Posted by calvin5025 > 2020-03-13 00:22 | Report Abuse

see reach 0.09 le

bleuerouge

3,221 posts

Posted by bleuerouge > 2020-04-23 14:42 | Report Abuse

bought 10.5c, lets go

bleuerouge

3,221 posts

Posted by bleuerouge > 2020-04-28 09:55 | Report Abuse

sold 12.5c, not bad for a quick earn 19%.

calvin5025

535 posts

Posted by calvin5025 > 2020-05-12 11:22 | Report Abuse

sell

Posted by birkincollector > 2020-05-12 15:29 | Report Abuse

only health stock being ignored?

Posted by FarmbesFlyer > 2020-05-12 19:51 | Report Abuse

Last healthcare stock to goreng soon!!

khpwwl

3,482 posts

Posted by khpwwl > 2020-05-15 10:48 | Report Abuse

Come on baby....

bleuerouge

3,221 posts

Posted by bleuerouge > 2020-05-28 00:13 | Report Abuse

can start collecting another round

bleuerouge

3,221 posts

Posted by bleuerouge > 2020-06-02 22:08 | Report Abuse

nice collection 11c, if can break R1 13.5c will go next 15c. Cheers !!!

Cojack31

1,673 posts

Posted by Cojack31 > 2020-07-03 22:02 | Report Abuse

Fly2

calvin5025

535 posts

Posted by calvin5025 > 2020-07-20 16:37 | Report Abuse

haha, dont people to buy

calvin5025

535 posts

Posted by calvin5025 > 2020-07-22 16:04 | Report Abuse

volume come

khpwwl

3,482 posts

Posted by khpwwl > 2020-07-23 09:47 | Report Abuse

Why nobody know these Co also do healthcare meh?

calvin5025

535 posts

Posted by calvin5025 > 2020-07-23 10:22 | Report Abuse

yaya, silent healthcare stock, dont buddy know, also consumer

calvin5025

535 posts

Posted by calvin5025 > 2020-07-23 11:27 | Report Abuse

buy healthcare stock, will move

khpwwl

3,482 posts

Posted by khpwwl > 2020-07-26 11:51 | Report Abuse

Mah sing also wanna to do healthcare, this counter already said they will do since last year.... But all healthcare counter already up, n this still remail at 0.115-0.140....

Atamis

88 posts

Posted by Atamis > 2020-08-04 16:35 | Report Abuse

Nice. Look good

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