Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Sunway Medical, Potential IPO

views
     
TSnexona88
post Jun 17 2017, 01:10 PM, updated 7y ago

The Royal Club Member
*********
All Stars
41,833 posts

Joined: Sep 2014
From: REality

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/
TSnexona88
post Jun 17 2017, 01:11 PM

The Royal Club Member
*********
All Stars
41,833 posts

Joined: Sep 2014
From: REality

-reserved- tongue.gif
ILoveLalat.net
post Jun 17 2017, 03:42 PM

Seasonal Trader
*******
Senior Member
2,906 posts

Joined: May 2015


This IPO should be interesting. Probably can challenge IHH in terms of attractiveness in valuation. Anyway, parking as always. tongue.gif
theevilman1909
post Jun 17 2017, 07:04 PM

Look at all my stars!!
*******
Senior Member
3,072 posts

Joined: Nov 2016
Sure would apply this IPO when the time opens..

as usual Park ~
honeyhoneyComb
post Jun 18 2017, 02:10 PM

New Member
*
Newbie
8 posts

Joined: Jun 2017
I have trust in sunway.... Park here for future discussion~~
mikelee82
post Jun 20 2017, 10:07 AM

New Member
*
Junior Member
26 posts

Joined: May 2016


Hope not too expensive
djhenry91
post Jun 20 2017, 10:29 AM

Slow and Steady
*******
Senior Member
6,763 posts

Joined: Jan 2009
From: SEGI Heaven


so far only smaller like TMCLIFE still cheap cheap
TSnexona88
post Jun 20 2017, 10:43 AM

The Royal Club Member
*********
All Stars
41,833 posts

Joined: Sep 2014
From: REality

QUOTE(mikelee82 @ Jun 20 2017, 10:07 AM)
Hope not too expensive
*
Well for sure it's won't be rm8 per share like Lotte IPO devil.gif
mikelee82
post Jun 21 2017, 12:43 PM

New Member
*
Junior Member
26 posts

Joined: May 2016


QUOTE(nexona88 @ Jun 20 2017, 10:43 AM)
Well for sure it's won't be rm8 per share like Lotte IPO devil.gif
*
Hahahahaha, not sure this one they wanna raise how many millions. If billions like lotte then the price won't be cheap thou.
TSnexona88
post Jun 21 2017, 01:53 PM

The Royal Club Member
*********
All Stars
41,833 posts

Joined: Sep 2014
From: REality

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 blush.gif
pzj1989
post Aug 6 2017, 10:14 PM

New Member
*
Newbie
2 posts

Joined: Aug 2017
interesting interesting. Reserve first
seehan77
post Aug 12 2017, 01:58 PM

Getting Started
**
Junior Member
143 posts

Joined: Mar 2013
Let see .. waiting for MITI

 

Change to:
| Lo-Fi Version
0.0114sec    0.40    5 queries    GZIP Disabled
Time is now: 29th March 2024 - 08:40 PM