| Latest Forum Topics / Q&M Dental Last:0.585 -- |
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Q&M dental
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trademaster
Supreme |
18-Aug-2021 16:27
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Collection price again | ||||
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Everyday
Elite |
18-Aug-2021 14:51
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Open at 0.810 and went up  0.825 and now down to 0.815 as at 2.51pm. Up 0.5 cents. | ||||
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rtan32
Member |
18-Aug-2021 07:56
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Singapore market are like this, everybody play safe. | ||||
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ysh2006
Supreme |
18-Aug-2021 05:37
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Just to feel funny company proposed bonus issue and dividend coupled with good result but share price dropped ? | ||||
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PhillipTan
Supreme |
16-Aug-2021 21:01
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Q& M proposes 1-for-5 bonus issueDental healthcare group Q& M is proposing a bonus issue on the basis of one bonus share for every five existing shares held.The exercise will see up to 157.5 million bonus shares issued to shareholders whose names appear in the register of members. The bonus shares will also be issued to those who have shares entered against their names in the depository register on an entitlement date to be determined. On the back of its " strong" second quarter results, Q& M said the proposed bonus issue is to increase the issued share capital base of the company, reflecting the growth and expansion of its business. It is also to reward and recognise shareholders for their loyalty and continuing support. These shares, however, will not be entitled to the second interim dividend of one Singapore cent per share. The bonus shares represent about 20 per cent of Q& M' s existing issued and paid-up share capital as at Monday. Assuming there are no changes to the total issued share capital, the company' s bonus shares will also represent about 16.7 per cent of its enlarged share capital. The proposed one-for-five bonus issue is subject to the Singapore Exchange' s approval. For illustrative purposes, based on Q& M shares' lowest daily weighted average price in the month before was S$0.798, the theoretical ex-bonus share price of the stock is about S$0.665. Shares of Q& M fell by four Singapore cents, or 4.7 per cent to close at S$0.815 on Monday before the announcement.   |
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f16force
Senior |
16-Aug-2021 20:43
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Bonus issue was already announced during lunch hour last Friday.....13 August.
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ETLee8
Master |
16-Aug-2021 20:39
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Announced bonus issue 1 for 5.  Looks going to cheong tomorrow.
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PhillipTan
Supreme |
16-Aug-2021 20:13
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Q& M' s testing business is beginning to shineFollowing Q& M Dental Group' s latest 1HFY2021 ended June results, which recorded a 142% y-o-y increase in earnings of $21.5 million, CGS-CIMB Research is keeping its " add" call on the stock with an unchanged target price of 97 cents.For the 2QFY2021 period, earnings were 23% higher y-o-y at $8.4 million, with revenue coming in 104% higher y-o-y at $51 million. According to the research house, earnings were in line with estimates, but revenue missed estimates due to lower-than-expected contribution from testing services, but EBIT margins from the medical laboratory & dental equipment segment came in higher than expected at 51%. The group announced a proposed bonus share issuance of 1 bonus share for every 5 existing ordinary shares, while an interim dividend of 1 cent was declared in 2QFY2021. In an Aug 13 report, analyst Kenneth Tan, who is taking over the coverage on Q& M from Lim Siew Khee says, " We estimate that 2QFY2021 testing revenue increased to about $10 million (compared to an estimated $2 million in 1QFY2021) on the back of further ramp up in testing operations. We believe that the ramp-up was a combination of more tests awarded by the government, and heightened number of Covid-19 community cases recorded in 2QFY2021." As Singapore shifts towards an endemic approach to Covid-19, the analyst believes that testing demand should remain strong with the gradual reopening of borders. The emergence of new variants of the virus is also expected to further support testing demand. " We keep our daily test assumptions at 1,500, while factoring in higher margins and lower pricing," adds Tan. Meanwhile, the group has accelerated its expansion plans in Singapore, with two new clinics opened in 2QFY2021 (located in Orchard Central and Jurong Yuhua), bringing the group' s total outlet count in Singapore to 87 dental outlets (compared to 83 at end-FY2020). The group has also secured locations for six new dental clinics, which are scheduled to commence operations by 4QFY2021. In Malaysia, Q& M slowed its expansion in view of disruptions from the movement control order (MCO) imposed. " We increase our FY2021 new outlet forecasts in Singapore to 15 (compared to management guidance of 20) in view of Q& M' s promising pace of expansion," say Tan. As at 2.50pm, shares in Q& M are trading 4% lower at 82 cents or 4.9 times FY2021 book with a dividend yield of 4.2%.   |
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shk363
Elite |
16-Aug-2021 10:04
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chance to pick up baojiak durians | ||||
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trademaster
Supreme |
16-Aug-2021 09:29
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could be last day of contra selling then see next wave up
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pcxiao2008
Master |
16-Aug-2021 09:28
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aiyo...this bb really kns... | ||||
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piscesmonkey
Supreme |
16-Aug-2021 09:02
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Hmmm abit weak. Hope later afternoon go up | ||||
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ysh2006
Supreme |
16-Aug-2021 07:09
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Q&M all time high 88c so hope today can surpassed it the higher the better...
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cherintc
Senior |
15-Aug-2021 22:03
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Once it breach 87.. should go to 99 pretty fast.  Need it to breach the all time high of 100, then I can take profit at 110. |
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ysh2006
Supreme |
15-Aug-2021 19:18
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Good company will reward share holders and keep it business version right...
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ysh2006
Supreme |
15-Aug-2021 10:41
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Good result, some more bonus issue ....can price shoot up on Monday... | ||||
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PhillipTan
Supreme |
14-Aug-2021 03:14
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Q& M Dental Q2 net profit surges on higher revenue from outlets, Covid-19 testingDental healthcare group Q& M Dental on Friday posted a 51 per cent rise in net profit for the fiscal second quarter from a year ago, thanks to higher revenue from its existing outlets in Singapore compared with the year-ago period, which was impacted by " circuit-breaker" closures.Net profit for the three months ended June 30, 2021 stood at S$11.4 million, compared with a net profit of S$7.6 million posted in the same period a year ago. The results translate to earnings per share of 1.06 Singapore cents, against earnings per share of 0.87 Singapore cent from the year-ago period. Revenue doubled to S$50.8 million on the back of the opening of seven more outlets in Singapore, as well as four new outlets in Malaysia compared with last year. As a participant in the nationwide Covid-19 testing effort, Q& M said it also saw a 191 per cent surge in revenue from its medical laboratory and dental equipment and supplies segment of its business, posting revenue of S$12.7 million in Q2 2021 versus S$4.4 million in Q2 2020. Q& M obtained a licence to open its Covid-19 medical laboratory in September 2020. On a half-yearly basis, Q& M posted a net profit of S$15 million in H1 2021, up from the S$3 million in net profit it posted from the year-ago period. Total revenue was also up 73 per cent to S$94.6 million in H1 2021, compared with S$54.7 million in H1 2020. The board has proposed a second interim dividend of one Singapore cent per share, to be paid out on Sept 3, 2021. In view of its strong financial performance, Q& M said it is proposing a bonus issue to increase the issued share capital base of the company, reflecting the growth and expansion of its business and to reward and recognise shareholders for their loyalty and continuing support. These shares, however, will not be entitled to the second interim dividend, the company said. On the dental group' s earnings, Q& M CEO Ng Chin Siau attributed its success to its dentists and staff, whom he describes as " our greatest strength" . He also shared the company' s plans to open 30 new clinics every year in Singapore and Malaysia. " The Group is optimistic that our core business would continue to see growth as a result of our expansion efforts, linked to the gradual release of social restrictions, and the subsequent controlled reopening of Singapore," he said. " As Singapore shifts to managing Covid-19 as endemic, we see new opportunities to support the government beyond PCR testing, including swabbing and vaccination services." Shares of Q& M climbed 5.6 per cent or 4.5 Singapore cents to close at 85.5 cents on Friday.   |
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ysh2006
Supreme |
13-Aug-2021 22:59
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Akan datang coming Monday ....many analysts also think so....
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ysh2006
Supreme |
13-Aug-2021 17:32
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To maintain TEBP, BB need to push up price to 95c to get 80c XB. | ||||
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trademaster
Supreme |
13-Aug-2021 17:13
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could be that contra selling all dumped yesterday? closing so strong...
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