SingMedical

Price history:

5 year high - 72.5 cts
2 year high - 64.5 cts
1 year high - 49.5 cts
historical low - 27.5 cts
price at date of post - 30.0 cts

for info only ... dyodd

Medtech stocks were buoyant yesterday on news of Wuhan virus. SingMedical also rose. It's time for a re-rating from being the cheapest medical stock on SGX

Result should be out 3rd week feb 2020.
Results likely to be good.
Can expect some dividends too.

Finally, get some recognition from market .
Jumped 6 cents today to close at 35 cents.
Dividends for the first time coming ? Nice, but I think the yield is not so big.

I think in the longer term there is still lots of room for the stock to go up higher.
At current price of 35 cts, the trailing p/e is only 13 X. Too cheap for healthcare
stock. P/e may be even lower if they report another good set of results, which is likely. Below are some price history:

52 weeks high - 49.5 cts
2 year high - 61.5 cts
5 year high - 72.5 cts

I am intending to hold n wait for the result coming next month.

Just sharing. Dyodd.