The Week That Was in ASEAN@Smartkarma - Philippines Election,Thai Bev, and XL Axiata
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
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Raffles Medical (RFMD SP) - Doubts About the Outlook Weigh on Bullish Sentiment
The revenue from medical tourism would just partially offset the decline of COVID-19 related revenue.RMG's revenue/earnings in FY22-23 may go...
404 Views
Raffles Medical: Earnings to Remain Under Pressure in 2022 but Long-Term Prospects Remain Attractive
We expect Raffles to be a key beneficiary of Singapore reopening, however, we expect the company’s earnings to remain under pressure in 2022E due...
405 Views
Raffles Medical (RFMD SP): Resilient Business Model; Border Reopening to Further Boost Growth
RMG’s operating performance remained resilient to the pandemic, driven by healthcare services business. Resumption of medical tourism in Singapore...
592 Views
Rainbow Children’s Hospital IPO Trading - Decent Anchor, Strong Insti Subs but Limited Upside
Rainbow Children’s Hospital raised around US$200m in its India IPO. In this note, we look at the subscription levels and talk about the trading...
431 Views