Pine Care Group (1989.HK) - Hard to Make Profits Due to Industry Characteristics; Here Is What to Do
Pine Care is hard to make expected profits due to elderly care industry characteristics in China, with challenging outlook. We advise investors to...
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From "Stupid Cheap" to "Stupid Expensive"
Shares of UMP Healthcare Holdings Ltd (722 HK) have tripled over the past eight weeks. The transition to an "asset light" model for the PRC...
905 Views
Fullerton Healthcare IPO: Valuation Implies that the Whole Is 3-4x Larger than the Sum-Of-The-Parts
Fullerton Healthcare plans to raise US$160-200m in its IPO, through a mix of selling primary and secondary shares. Our fellow insight...
1.1k Views
No Surprises in Interim Results
UMP Healthcare's interim results (announcement attached) were in line with the forecasts provided at the time of the IPO: Revenue + 10.2% to...
417 Views
An Insider Takes the Bait
Dr. Sun Man Kin Michael, an Executive Director of UMP, has filed two Form 3As with the HKEX to report the open market purchases of 11 million...
317 Views