RafflesMed @ $2.99

Buy @ $2.99

Only partially done… 1 lot, during 5pm matching as someone must have jumped me in the Q. PE= 28.4 (FY12) is on the high side and I'll have to pray for their continued growth… Recent price weakness could be due to the negatives they're facing in their expansion plans,

  • Lost a bid in HK 
  • Sold a building in Singapore after being unsuccessful in obtaining approval for conversion to Medical use

Further, the recent financial related troubles in Indonesia (which accounts for a portion of their clientele) is also a dampener. Current prices is still above my last sell price… 😀

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