Asiamed

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11 years 3 months ago #16080 by hungting
Asiamed was created by hungting
Any takes on this health care stock? Seems to have lots of corporate maneuvers since Dr Wong Weng Hong took over. Going into Stem Cells Banking as well. Price action does suggest accumulation going on. Looks interesting on chart too .
The following user(s) said Thank You: zane

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11 years 3 months ago #16082 by zane
Replied by zane on topic Asiamed
Good to see this low-profile stock highlighted. It's still a very micro cap and it's still early days before we can see the profitability of a no. of key ventures that the company entered in the past few months.

Hungting, do you have a view on whether the ventures are profitable in the first place? These are high-end niche services, which is where the profit margins are good. The cord blood banking one looks particularly promising.

There is also an acquisition of a GP practice, which I think will be 'normal' margins. Let's keep watch!

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11 years 2 months ago #16317 by Mel
Replied by Mel on topic Asiamed
13 cents liao. pricing in a lot of positive results?

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