CENGILD MEDICAL BERHAD

KLSE (MYR): CENGILD (0243)

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Last Price

0.30

Today's Change

-0.005 (1.64%)

Day's Change

0.30 - 0.305

Trading Volume

276,900


1 person likes this.

236 comment(s). Last comment by Income 3 weeks ago

yesyes

11 posts

Posted by yesyes > 2023-10-26 16:21 | Report Abuse

price keep dropping

Posted by lordfish30 > 2023-10-30 14:17 | Report Abuse

long term ok, not for short term

faridfet

477 posts

Posted by faridfet > 2023-10-30 18:05 | Report Abuse

Cengild Medical Bhd said the information technology (IT) system used by its wholly-owned subsidiary Cengild Sdn Bhd was affected by a data breach that have leaked patient data.

The company have high risk issue related to data security framework, data policies, data systems, and data procedures that do not meet a minimum standards.

cytew

1,575 posts

Posted by cytew > 2023-10-30 18:28 | Report Abuse

市场对它开始恐慌了!可以进行 “ 草船借箭 ” 了 !哈哈哈

faridfet

477 posts

Posted by faridfet > 2023-10-31 15:31 | Report Abuse

哈哈哈

Mar2083

722 posts

Posted by Mar2083 > 2023-11-02 20:05 | Report Abuse

Don't worry
May fly next week
Ha ha

yesyes

11 posts

Posted by yesyes > 2023-11-02 21:08 | Report Abuse

thought good stock bought@0.420, cannot tahan today sell at loss 0.320

BenPg

211 posts

Posted by BenPg > 2023-11-02 22:45 | Report Abuse

Hold dont panic

hcthey

224 posts

Posted by hcthey > 2023-11-02 22:53 | Report Abuse

Yesyes, you are not the only one selling at loss, I belief that many shareholders like you selling their shares at loss too. however I don't see the hospital facing financial problems, in fact, the hospital is doing well. So far, I don't read announcement in Bursa news reporting of Directors who are selling their shares at loss. They are holding their shares firmly without disposal. I really can't understand why the shares keep on dropping from day to day, till it has broken the IPO of 33 ct. 😭😭.The lowest for today is 30.5 cts.

hcthey

224 posts

Posted by hcthey > 2 months ago | Report Abuse

I am still holding the shares at loss, however, I do not feel panic, as I am confident that the company has bright future.

Ahead1268

768 posts

Posted by Ahead1268 > 2023-11-02 23:05 | Report Abuse

Just added some last Friday at 0.33 thinking of support level cum IPO price who know today broken….!

Posted by LuckyWinForever > 2023-11-09 17:45 | Report Abuse

Yesyes, so pain buy 0.420 and sold 0.320....sakit...should have set cut loss earlier.

faridfet

477 posts

Posted by faridfet > 2023-11-04 00:00 | Report Abuse

Price action discount everything means all the information about a company is already reflected in the stock price. Do not against the market.

Do not even think to try accumulate.

Save ur hard earn money.

There is always new opportunity at Bursa.

Cut ur losses and move on.

cytew

1,575 posts

Posted by cytew > 2023-11-06 17:43 | Report Abuse

中了有心人的 “ 草船借箭 ” 之计 !不多久就会慢慢回升了 ! 不需要再惊慌 ...

JJFinn

100 posts

Posted by JJFinn > 2023-11-08 10:33 | Report Abuse

Looking good this morning. Hope it will continue uptread...

cytew

1,575 posts

Posted by cytew > 2 months ago | Report Abuse

Reversal of trend is intact now..

Mar2083

722 posts

Posted by Mar2083 > 2023-02-15 12:12 | Report Abuse

May test 35sen today

alex

1,346 posts

Posted by alex > 2023-11-10 16:37 | Report Abuse

back to 0.31 to make double bottom ...

Ahead1268

768 posts

Posted by Ahead1268 > 2023-02-21 09:01 | Report Abuse

The PAT quite consistent
Low gearing at 0.26
Not sure how is the Oncology JV announced in Jul23 seen not contributing to revenue.
Revenue also stagnant not much improvement.

Posted by Chang Keit Siong > 2023-12-06 19:00 | Report Abuse

Famous goreng group failed and time to look at this company

Posted by BullxBear > 2023-12-21 13:28 | Report Abuse

this counter are down trend. up abit then contiune drop . careful. why not move other uptrend stock ?

goody99

1,760 posts

Posted by goody99 > 2023-02-26 16:31 | Report Abuse

company is doing ok but its expansion is too slow. It was listed on 2022-4-18. Its IPO proceeds should be used for expansion within 3 years. According to its latest quarterly report, its IPO money is hardly used more than one and half year later.

Crrypo

15 posts

Posted by Crrypo > 1 month ago | Report Abuse

why volume like dead fish, wont move

hongheng7

244 posts

Posted by hongheng7 > 2023-12-29 22:57 | Report Abuse

Sad to see company announcement at bursa, need to wait until Dec 2027 ;(

Posted by shareprofit > 2024-01-01 19:50 | Report Abuse

Haha, cengild buying property instead of investing in medical business, wtf! Private placements or rights issues soon…DUMP!!!

Posted by shareprofit > 2024-01-01 20:00 | Report Abuse

They never heard abt leasing? The same thing that they doing now so successfully. Buying a property? No need take into refurbishment and maintenance cost??? Something damn fishy…can smell from afar. The board members who agreed on this shud be sacked.

cytew

1,575 posts

Posted by cytew > 1 month ago | Report Abuse

看来老板很无知,把值钱的轻资产模式改去不值钱的重资产模式。

warchest

1,741 posts

Posted by warchest > 2 months ago | Report Abuse

Yes, it supposed to be an asset light business model. To have a hospital set-up, it is costly to operate with gestation period of 3 to 5 years upon completion. Focus should be to build its business since it is relatively new healthcare group that was established in 2017

warchest

1,741 posts

Posted by warchest > 2024-01-04 15:51 | Report Abuse

This acquisition should be scrapped. The management should re-think again of its business model. It is costly to operate a hospital without relevant expertise due to its high fixed overhead & capital expenditure & it is an impediment for its to scale up. In total RM180m needs to commit to this expansion plan

warchest

1,741 posts

Posted by warchest > 2024-01-04 15:52 | Report Abuse

It is silly to incur more borrowings to finance this expansion plan

SHOB

563 posts

Posted by SHOB > 2024-01-05 06:54 | Report Abuse

no worry

bgt9963

572 posts

Posted by bgt9963 > 2024-01-05 08:50 | Report Abuse

Rights issue coming......

goody99

1,760 posts

Posted by goody99 > 2024-01-05 19:30 | Report Abuse

the next few years (until 2027) are not going to be exciting due to growing pains. If I were you, I would sell now and buy back later

SHOB

563 posts

Posted by SHOB > 2024-01-06 08:30 | Report Abuse

put it in my safe box see after in mid june

geary

6,230 posts

Posted by geary > 2024-01-03 22:19 | Report Abuse

SHOB
put it in my safe box see after in mid june
1 week ago
Yup...Invested...@0.32...🤓

warchest

1,741 posts

Posted by warchest > 2 months ago | Report Abuse

The worst performing healthcare in Bursa with almost 50% contraction. I believe many shareholders have doubt of the recent Proposed Acquisition and change of business model from asset light to heavy

warchest

1,741 posts

Posted by warchest > 2 months ago | Report Abuse

first time for many years, I see a healthcare counter that down so much. Typically, healthcare companies should be the most resilient counters

WiseEye

1,199 posts

Posted by WiseEye > 2 months ago | Report Abuse

CENGILD has been heavily mispriced. There is no reason for the overreaction in the sell-off.

The pivot from renting a building to totally owning one seems highly rationale, given there is a huge business risk if the landlord takes back the property.

As a shareholder, decision to own a building MUST be executed and thoroughly supported. Otherwise, there is a huge cloud of uncertainty with high risks of pushing the company into zero revenue if the building lease cannot be renewed.

speakup

25,060 posts

Posted by speakup > 2 months ago | Report Abuse

i think they should not buy a new building but instead go for a long term lease

warchest

1,741 posts

Posted by warchest > 2 months ago | Report Abuse

They have a bad management team that wobbling around about their business strategy. light business model is a good strategy like in the case of Qualitas and Mediviron with high EBITDA. As a small Group with track record of 2017, it is bad strategy to commit such a high capital expenditure

warchest

1,741 posts

Posted by warchest > 2 months ago | Report Abuse

If this Group is already been more than a decade long, then it is fine but not now. It is a high risk strategy at current juncture as they are still figuring the building blocks

Birdie

55 posts

Posted by Birdie > 2 months ago | Report Abuse

Mr Warchest, who says Qualitas and Mediviron have a high EBITDA. Their structure is weak, especially Mediviron, and not sustainable. Cengild GI Medical Centre is much better.

Birdie

55 posts

Posted by Birdie > 2 months ago | Report Abuse

The passing of Dato Dr K L GOH last year ,was a big blow to the Cengild GI Centre.
But now , they still have a very capable team of doctors there.

warchest

1,741 posts

Posted by warchest > 2 months ago | Report Abuse

Good or not, you can analysis both Qualitas & Mediviron business models and financials. You can buy their documents via SSM. So far Cengild is still wobbling with their financials and business model

ysyap84

152 posts

Posted by ysyap84 > 2 months ago | Report Abuse

The stock regains its momentum after a short consolidation. (0.30, upon writing)

Income

10,336 posts

Posted by Income > 1 month ago | Report Abuse

Xi wants to build China industrial industry is so competitive that others simply can't compete with it. Companies still have to invest in China if they want to keep their costs down maintaining their profit margins. At the same time China dominates EV cars industry, solar industry and catching up on chip ...
China takes over the US in terms of nominal GDP is not a matter of if but when. Interesting time ahead.

warchest

1,741 posts

Posted by warchest > 1 month ago | Report Abuse

bad management team that are clueless how to turn around the business

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