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UGHealthcare
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UGHealthcare share worth keeping?
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eddyeddy
Master |
16-Feb-2024 14:39
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Junior Lee told those who attended the AGM in last Oct that FY 24 will the most see a small loss , or.may break even . He said the reusable gloves were gaining.more orders by the month. This reusable gloves constituted about 15 % of the revenues of HY24. | ||||
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ETHunter
Master |
16-Feb-2024 14:09
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Agree. Note that RS also starting to cater to pharmaceutical sector. Its all cylinders firing. Believe results will be good. Boss also very generous in giving dividends which is awesome. Next week will know..
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Chansenghoe1971
Elite |
16-Feb-2024 13:16
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Many waiting for last ppe hopeful aka RS to ride
If RS results blowing the top, likely so, PPE may move BUT RS is not just PPE It s clean room high end PPE for economic- driven industries not for sick bays Covid era stocks |
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ETHunter
Master |
16-Feb-2024 12:56
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Yes, UG has been profitable until post Covid years when oversupplies became a problem for PPE manufacturers. The problem now is their lack of visibilty of future growth and cash drain. Dyodd.
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eddyeddy
Master |
16-Feb-2024 12:46
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UGH made profits most of the years even before Covid strike . Check it out ! | ||||
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Chansenghoe1971
Elite |
16-Feb-2024 12:32
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Not possible
Gloves hard to be profitable unless Covid like era. Or some rumours of Covid escalation. UG Medtec rarely profitable before Covid Homes probably get fetch net $2m How to be profitable on a sustainable basis? So many homes available. Not forgetting many can retire at home with subsidised maid levy. This desatu is over hyped |
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eddyeddy
Master |
16-Feb-2024 11:28
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FY 25 will be profitable . HC glove prices have normalized , Desaru project is in good hand and will only be good , as land prices in Desaru have gone up a lot in past year . UGH is not as n OEM , but is an Own brand glove company , can let other to do the OEM for certain products .
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tonytony
Veteran |
14-Feb-2024 18:01
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Oh is it ?
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Chansenghoe1971
Elite |
14-Feb-2024 17:49
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This boss is really noob
He should not invest in homes Should have used the money to do off market access buy back Cut and move on
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tonytony
Veteran |
14-Feb-2024 17:45
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Glove biz still has not normalized and will continue to lose money next year and after , so scary man . Like that how ?
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Chansenghoe1971
Elite |
14-Feb-2024 17:10
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Max from old age home is
Revenue $8m Sgd Net profit $2m sgd Assuming 70/80% occupancy The net profit not enough to cover the ppe losses If maintain this way. Next, their net cash dip to 0.028. Gg till next Covid
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tonytony
Veteran |
14-Feb-2024 13:22
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GPM increased a lot . Still in net cash of S$30 m. Worst is behind , finally see light in the tunnel. | ||||
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tonytony
Veteran |
14-Feb-2024 13:14
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Second half will be even better than that of 1st half. | ||||
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GGTTAANN
Senior |
14-Feb-2024 13:02
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1H2024 result out yeaterday. not so bad but prices still go south.
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eddyeddy
Master |
08-Feb-2024 11:36
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First half ! | ||||
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easywin
Supreme |
08-Feb-2024 11:33
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Second half result will be announed on 13-Feb-24 after 5pm possible excellent results? | ||||
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tonytony
Veteran |
08-Feb-2024 09:56
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Profit guidance must be issued 2 weeks before announcement date . Company has issued on 30 Jan . Result to be released on next Tuesday 13 Feb. | ||||
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Chansenghoe1971
Elite |
08-Feb-2024 09:52
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Big losses last year.
If profitable they have to announce profit guidance If loss still, they may also need to guide If more losses all the more needed for profit warning Next week should have the guidance |
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eddyeddy
Master |
07-Feb-2024 10:25
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No excitement over the Desaru project announcement at all ? | ||||
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tonytony
Veteran |
05-Feb-2024 19:14
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Do have a word with him when you all meet .
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