CENGILD MEDICAL BERHAD

KLSE (MYR): CENGILD (0243)

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Last Price

0.305

Today's Change

-0.01 (3.17%)

Day's Change

0.30 - 0.31

Trading Volume

1,088,500


1 person likes this.

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

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 > 2023-11-10 07:36 | Report Abuse

Reversal of trend is intact now..

Mar2083

718 posts

Posted by Mar2083 > 2023-11-10 08:26 | 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 > 2023-11-24 20:26 | 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 > 2023-12-06 21:27 | 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 > 2023-12-07 13:10 | 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 > 2023-12-27 11:52 | 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 > 2024-01-04 07:34 | 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 > 2024-01-04 09:53 | 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

559 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 10:20 | 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

559 posts

Posted by SHOB > 2024-01-06 08:09 | Report Abuse

put it in my safe box see after in mid june

geary

6,229 posts

Posted by geary > 2024-01-15 19:49 | 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

25,008 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 > 1 month 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 > 1 month ago | Report Abuse

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

Income

10,294 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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