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Sunway Medical, Potential IPO
TSnexona88
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Jun 17 2017, 01:10 PM, updated 7y ago
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Sunway Group’s healthcare division, which is slated for a listing in two years, should carry a value of at least RM1.5bil when it goes public. This is based on back-of-the-envelope calculations by ascribing a price to earnings multiple enjoyed by healthcare listings on Bursa Malaysia to this unit. Sunway’s healthcare division, namely Sunway Medical, reported a pretax profit of RM37.65mil in the financial year 2016 (ended Dec 31) and ascribing a price to earnings (PE) multiple of around 40 times to this, it is worth about RM1.5bil. “Sunway Medical should sit right in between the two big groups (of IHH and KPJ) in terms of earnings multiples. “It has a better perception branding than KPJ hospitals but it is much smaller than IHH, which is globally the largest listed hospital group,” a banker points out. http://www.thestar.com.my/business/busines...-least-rm15bil/
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TSnexona88
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Jun 17 2017, 01:11 PM
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-reserved-
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ILoveLalat.net
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Jun 17 2017, 03:42 PM
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This IPO should be interesting. Probably can challenge IHH in terms of attractiveness in valuation. Anyway, parking as always.
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theevilman1909
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Jun 17 2017, 07:04 PM
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Sure would apply this IPO when the time opens..
as usual Park ~
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honeyhoneyComb
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Jun 18 2017, 02:10 PM
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New Member
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I have trust in sunway.... Park here for future discussion~~
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mikelee82
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Jun 20 2017, 10:07 AM
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New Member
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Hope not too expensive
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djhenry91
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Jun 20 2017, 10:29 AM
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so far only smaller like TMCLIFE still cheap cheap
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TSnexona88
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Jun 20 2017, 10:43 AM
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QUOTE(mikelee82 @ Jun 20 2017, 10:07 AM) Well for sure it's won't be rm8 per share like Lotte IPO
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mikelee82
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Jun 21 2017, 12:43 PM
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New Member
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QUOTE(nexona88 @ Jun 20 2017, 10:43 AM) Well for sure it's won't be rm8 per share like Lotte IPO Hahahahaha, not sure this one they wanna raise how many millions. If billions like lotte then the price won't be cheap thou.
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TSnexona88
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Jun 21 2017, 01:53 PM
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QUOTE(mikelee82 @ Jun 21 2017, 12:43 PM) Hahahahaha, not sure this one they wanna raise how many millions. If billions like lotte then the price won't be cheap thou. Well only time will tell.. For now, seems like around rm2 bil value
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pzj1989
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Aug 6 2017, 10:14 PM
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New Member
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interesting interesting. Reserve first
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seehan77
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Aug 12 2017, 01:58 PM
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Getting Started
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Let see .. waiting for MITI
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