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Q& M Dental Q3 net profit surges 69% on medical equipment and supplies segment
Q& M Dental Group Q& M Dental: QC7 +6.5% posted a 69 per cent rise in net profit for the fiscal third quarter from a year ago, with strong contributions coming in from the medical laboratory and dental equipment and supplies segment.
As a participant in the nationwide Covid-19 testing effort, Q& M saw the segment rise by 932 per cent to S$18.4 million, compared to S$1.8 million previously. Net profit for the 3 months ended Sep 30, 2021 amounted to S$9.5 million. This is compared with a net profit of S$5.6 million posted in the same period a year ago, the dental healthcare group reported on Thursday (Nov 11). The results translate to earnings per share of S$0.0101, against earnings per share of S$0.006 from the year-ago period. Revenue increased by 48 per cent to S$57.7 million from S$39.1 million on the back of an increase in the number of clinics in both Singapore and Malaysia.
https://www.businesstimes.com.sg/companies-markets/qm-dental-q3-net-profit-surges-69-on-medical-equipment-and-supplies-segment
wehuattogether88 ( Date: 29-Nov-2021 16:01) Posted:
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A subsidiary Acumen.
wehuattogether88 ( Date: 29-Nov-2021 15:42) Posted:
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I saw some where in report that Covid Testing drove all the growth for Q& M, powerful leh!
wehuattogether88 ( Date: 29-Nov-2021 15:42) Posted:
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They are also doing testing for Covid besides dental services?
Everyday ( Date: 29-Nov-2021 13:12) Posted:
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Indeed price is going up....now 0.645 as of 1.11pm....
Cheers Q & M....push it higher....
Cheers Q & M....push it higher....
Big rally for all Medical Stocks with new Variant !
Q & M Dental
Between Nov 23 and 24, Quan Min Holdings acquired 3,050,300 shares of Q & M Dental Group Q& M Dental: QC7 +1.65% (Singapore) (Q & M) shares.
Quan Min Holdings is an investment holding company incorporated in Singapore and Q & M' s ultimate parent company. The shares were acquired at an average price of 58.9 cents per share with a consideration of S$1,795,803.
The acquisitions increased the deemed interest of founder and group CEO, Ng Chin Siau in Q & M from 52.41 per cent to 52.74 per cent. This followed the acquisition of 7,584,300 shares at 59.3 cents per share between Nov 12 and 18.
Dr Ng founded the group in 1996.
He is responsible for its corporate direction. He leads the group in all aspects of its business strategies, policy planning and business development in Singapore, Malaysia and China.
Go Q& M Go
yamseng ( Date: 28-Nov-2021 17:53) Posted:
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Quan Min Holdings Pte. Ltd. or CEO keep buying QM shares
there is something he knows and we do not know !!
just wait for the share price to rise further
DYODD
there is something he knows and we do not know !!
just wait for the share price to rise further
DYODD
What will tmr and next week price be? Can it sustain and progress?
3.5m Share Purchase fr Quan Min Holdings Pte. Ltd. on 25/11/2022
It looks like Q& M is determined to recover it' s share price
via Share buyback and friendly forces helping
via Share buyback and friendly forces helping
cute5tuff ( Date: 26-Nov-2021 16:49) Posted:
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Q& M going up while Wall Street futures are tanking 900pts.
Now 0.62......uptrend?
Not heard of so far....
price recovery seem to be in progress....
price recovery seem to be in progress....
heyhellohey ( Date: 26-Nov-2021 04:05) Posted:
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Based on share buyback and dilution. Possible delisting?
Hopefully tmr cross 0.605 to 0.610 & above.....
Everyday ( Date: 25-Nov-2021 20:51) Posted:
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24th Nov also Share Purchase 1.3m
Quan Min Holdings Pte. Ltd. acquired 1,300,000 ordinary shares in the capital of Q & M Dental Group (Singapore) Limited on 24 November 2021 for a total consideration of S$772,500.00 (excluding brokerage and stamp duties).
Quan Min Holdings Pte. Ltd. acquired 1,300,000 ordinary shares in the capital of Q & M Dental Group (Singapore) Limited on 24 November 2021 for a total consideration of S$772,500.00 (excluding brokerage and stamp duties).
Not bad now at 0.61 as at 4.34pm vol 7.9m
As of 12pm 59% are buying and 41% selling
Something seem to be brewing.....
Something seem to be brewing.....
Superwhite ( Date: 25-Nov-2021 11:52) Posted:
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