what's up with Healthway recently? Any more good news?

Stock hit 10 cents last week but failed to entrench itself there. Today it is fighting right now to entrench itself at 9.6 cents. My feeling is that once the weak holders sell out, the share will be able to conquer 10 cent level again and hopefully 10 cents will become the new support base.  

I think it will really take off once the redistribution of HMD shares to HMC shareholders takes place - assuming the distribution is evenly spread out among the 2.2B shares on hand now. cos valuation of HMD is really promising with 3.5m for 1% share. that means, 35m for 10% and assuming its one time reallocation, not overtime. heard it should be mid-2013 for HMD listing....added stake to my HMC shares (already the biggest counter in my portfolio but holding the biggest paper loss to date). fingers crossed.

Signs are good for Healthway judging by the recent surge in trading activity:

(a) Price is showing sign of getting out of its rut, recovering from 8 cents to as high as 10 cents;

(b) the recovery was accompanied by heavy volume;

(c) the heavy volume, while suggesting accumulation, also meant that the weak holders were selling out;

(d) announced results show that up to the 2012 third quarter, Healthway was in the profit zone;

(e) when a big player wants to get into the healthcare scene, Healthway is a potential stepping stone. if the player is a hospital player, Healthway with its big clinic network will act as a patient referral conduit.

(f) Healthway also has dental expertise, so it can easily become a combinded GP-cum-dental player;

(f) the caveat if of course that the healthcare industry is a high cost, competitive industry, but at its current low absolute price, the upside potential for the stock appears to be high.

Disclaimer: this is just an opinion

(1) According to a 28 May 2012 filing by Healthway to the SGX, this is its board list:

Q&M is buying 72.6% of Singapore Medical Group (SMC) at 13.23 cents a share, after which SMC's NTA will be 7.19 cents a share. Healthway has a NAV of 7.3 cents. If we use these figures for rough estimates, should not Healthway have a value of about 13.5 cents?

Disclaimer: Don't use this as a guide as I'm not sure if this rough method of calculation is correct. Can someone who knows better please advise.

http://www.nextinsight.net/index.php/story-archive-mainmenu-60/916-2012/5257-healthway-medical-

Sorry, I meant to say hit a high of 10 cents. 

Healthway hit a high of $1 today.

The property catalyst was mentioned in the presentation to NextInsight readers. I heard some attendees added more Healthway shares to their portfolio
: HEALTHWAY MEDICAL: Insights into its good growth potential

rallied again !

Wow, Doc, you're good! 

I told you.... now up 10% today and bingo! at 9.2 cents.

Healthway plans to distribute 10% of HMD to entitled shareholders upon the listing of HMD. Based on its recent announcement on the disposal of 1% HMD stake to several individuals for $3.5 million, it means the 10% stake it plans to distribute to Healthway shareholders is worth $35 million. As the number of Healthway shares is about  2.2 billion, the $35 million worth of HMD shares to be issued to Healthway shareholders works out to 1.59 cents per Healthway share. Can someone please advise if my reasoning and calculation are correct?

Healthway in SGX top 20 actives today, hitting a high of 8.5 cents so far today. 

Singapore Medical Group and Q&M have both made request for a trading halt. Is this a prelude to something? A merger/collaboration with Q&M will mean the ability to use business premises as GP and dental clinics, thus creating cost synergy. Healthway should have thought about it.

Healthway shares rose to a day high of 8.3 cents today.