Category: RafflesMG

Buy @ $1.13

Q1 Results out o Sunday, flat, but expected… Any increase in earnings will likely trickle in from Q3 when they have completed transforming the previous Specialist areas into beds… Another milestone to look fwd is the completion of hospital in Chongqing in Q4…. More for lower CAPEX => Better FCF…

But, not so sure how much lower it can drop, with xd 1.75ct on 14-May… current PE just below 25… 😀

Buy @ $1.12

Average down my super-high ones. Missed the lows 1-2 weeks back. PE is still hi 20s and may not be safe yet. EPS also not expected to improve till Q4…. 😀

Buy @ $1.21

Prices continue to drop… 1H Results was flat, Div = 0.5ct maintained… Debts higher, Cash lower… Projects ongoing, with Extension to be completed in Q4… Earliest likely next year before any improvement in earnings… 😀

Buy @ $1.325

Getting cheaper… PE still 32, not exactly cheap… Funds must be losing confidence in their expansion plan as not seeing growth… 2H better get better… 😀

Buy @ $1.36, $1.355

Q’d @ $1.355 since AM and decided to Q @ $1.36 when it went up one bid… Only to see both getting done… 😀

Buy @ $1.385

Back down again, continue to average down… 😀

Buy @ $1.405, $1.395

Hi volume sell-down… Analysts didn’t like the Q1 results… 😀

But @ $1.415

Finally got to buy back… Failed in Jump-Q for $1.41 due to last second sabotage… Q1 results flat, EPS a tiny but lower yoy… Cash growth is still ok… Likely need to wait till Q4 earliest for completion of hospital extension before we see any improvement in EPS… 😀

Sell @ $1.425, $1.435

Clear some xtras, take some profits… 😀

Buy @ $1.405

Cheaper than my last buy, back to stocking up my xtras… 😀