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we'll see
.. turkey inflation is 60 to 80%..lira crash to all time low 2024, financial crisis ongoing since 2018.
...rupee drop to all time low in 2024
somehow IHH can weave huge accounting profit?? mind boggling
RMG local market in going downhill,
as also IHH Mt Elizabeth hospital is slowly dying. you go there, see doctor in the carpark🤐 . Day and night renovation, drilling and banging until my friend give up, go to public hospital.
.. turkey inflation is 60 to 80%..lira crash to all time low 2024, financial crisis ongoing since 2018.
...rupee drop to all time low in 2024
somehow IHH can weave huge accounting profit?? mind boggling
RMG local market in going downhill,
as also IHH Mt Elizabeth hospital is slowly dying. you go there, see doctor in the carpark🤐 . Day and night renovation, drilling and banging until my friend give up, go to public hospital.
you are missing the point.
IHH is pursing profits, ROE, and profitable investments, be it in lira or rupee.
Investing in PRC hospitals is loss-making. you just convert your good SGD investments into RMB losses.
IHH is pursing profits, ROE, and profitable investments, be it in lira or rupee.
Investing in PRC hospitals is loss-making. you just convert your good SGD investments into RMB losses.
China private health market is huge, United Family Hospitals China, a seasoned foreign healthcare player in China was sold to a Hong Kong company for US$1.4 billion.
That said, perennial is just a property developer that put a big hospital signboard on a brand new concrete building , thats all.
BTW, IHH achidbedem operates mostly in Turkey, and certain parts of Serbia and Macedonia. you can hardly call it Europe, they use the Turkish lira .
That said, perennial is just a property developer that put a big hospital signboard on a brand new concrete building , thats all.
BTW, IHH achidbedem operates mostly in Turkey, and certain parts of Serbia and Macedonia. you can hardly call it Europe, they use the Turkish lira .
PRC is hopeless for foreign investors - At least RMG seems to finally realize this.
RMG has started making investments into Vietnam.
RMG acquired majority stake in a cool Ho Chi Minh City hospital - American International Hospital!
dyodd.
RMG has started making investments into Vietnam.
RMG acquired majority stake in a cool Ho Chi Minh City hospital - American International Hospital!
dyodd.
China is a jinx.
Anyone who had business dealings with them don' t ends well. lol
Anyone who had business dealings with them don' t ends well. lol
alexvar ( Date: 18-Dec-2024 16:59) Posted:
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haha, both Perennial and RMG are so messed up for throwing the good money after bad investments in PRC.
Poorer china consumers can' t afford premium medical prices - COVID19 property crisis never stops.
no wonder IHH is staying away from China, and instead investing more $$ in its profitable markets of Europe/India/Malaysia instead.
dyodd.
Poorer china consumers can' t afford premium medical prices - COVID19 property crisis never stops.
no wonder IHH is staying away from China, and instead investing more $$ in its profitable markets of Europe/India/Malaysia instead.
dyodd.
I don't think Perennial is capable of running a hospital. They are just a property landlord renting out office space to China doctors. I am not sure whether China Insurance can claim at foreign owned hospital.
RMG China is a different model, they treat patients directly and earn the largest margin, and China patients claim from China type medisave medical insurance.
RMG China is a different model, they treat patients directly and earn the largest margin, and China patients claim from China type medisave medical insurance.
Not necessarily that this is bad news.
A rising tide lifts all ships and boats and even rubbish.
PRC has a large ageing population and the aftermath of a one child policy. Those who ould afford private health care would look for private hospitals.
Perennial is a new comer to the medical realm and would probably faces start up issues.
I think Dr Loo being a doctor and a majority sharholders could be a safer bet.
A rising tide lifts all ships and boats and even rubbish.
PRC has a large ageing population and the aftermath of a one child policy. Those who ould afford private health care would look for private hospitals.
Perennial is a new comer to the medical realm and would probably faces start up issues.
I think Dr Loo being a doctor and a majority sharholders could be a safer bet.
mgrow2013 ( Date: 18-Dec-2024 13:51) Posted:
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https://www.thestar.com.my/aseanplus/aseanplus-news/2024/12/17/china-approves-singapores-perennial-as-first-foreign-company-to-wholly-own-tertiary-hospital ... this is not good for RMG, I think
Dr Loo can' t be buying everyday!!!
if so why don' t he privatise RMG?
if so why don' t he privatise RMG?
mgrow2013 ( Date: 11-Dec-2024 16:49) Posted:
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RM private healthcare business model is broken for local mkt unless partner with gahmen. But China and Vietnam still growing.
Mt E is the worst, its going downhill, no more indonesian, All quiet. the whole Mt E hospital look like closed down, you pay high price to have treatment in the carpark partition room, better to short IHH.
Mt E is the worst, its going downhill, no more indonesian, All quiet. the whole Mt E hospital look like closed down, you pay high price to have treatment in the carpark partition room, better to short IHH.
Dr Loo stopped buying for more than a week 🙏
Was going a quick check on sgx - interestingly they dint announce quarterly business updates like for 1Q but only did for 3Q23 and 3Q22. Guess it depends on boss Dr Loo
Secret_Squirrel ( Date: 10-Dec-2024 17:57) Posted:
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China operation lose big.
when business is so bad, better not say too much
Last year on 6 Nov 2023 , they provide 3Q business update.
But this year totally silent.
But this year totally silent.
ridethestorm ( Date: 10-Dec-2024 16:18) Posted:
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hopefully, looking forward
alexvar ( Date: 09-Dec-2024 16:41) Posted:
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Great news for Raffles Med!
China is the largest overseas market for the Group.
China Eases Monetary Policy Stance, Vows More Fiscal Support!
Politburo to take &lsquo moderately loose&rsquo monetary position in 2025, marking its first major shift in stance since 2011 !
DYODD.
China is the largest overseas market for the Group.
China Eases Monetary Policy Stance, Vows More Fiscal Support!
Politburo to take &lsquo moderately loose&rsquo monetary position in 2025, marking its first major shift in stance since 2011 !
DYODD.
nah..a takeover or in simple terms buying up the outstanding shares can be done in the open market already or they can put an compelling offer on the table. what is stopping them from doing so, certainly not who is the property valuer appointment.
RMG is now operating in the most healthy country in the world by some world indicators. and the standards have risen in Indon, vietnam. it needs a complete overhaul and different business model or a hybrid, public private model. but China is bright spot for RM.
RMG is now operating in the most healthy country in the world by some world indicators. and the standards have risen in Indon, vietnam. it needs a complete overhaul and different business model or a hybrid, public private model. but China is bright spot for RM.
good point of view but the said accounting treatment would be important in a takeover exercise.
is it likely for a takeover or acquisiton by funds?
is it likely for a takeover or acquisiton by funds?
Rocket888 ( Date: 06-Dec-2024 16:46) Posted:
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