Parkway   

Parkway

Hahaa maybe shld ask them pump in some viagra for Parkway... Sg stocks very smelly one... when u expect it to chiong it go dwn...

BB at work i guess.... likely to recover back before closing...

pharoah88      ( Date: 12-Mar-2010 14:47) Posted: there  iS  ghOst  iN  the  markets  nOw. fOrtis  paying S$3.56  per share  fOr  23.9% Of  Parkway Holding. WHY iTS share PRiCE  iS  CRASHiNG? ? ? ?

 

there  iS  ghOst  iN  the  markets  nOw.

fOrtis  paying S$3.56  per share  fOr  23.9% Of  Parkway Holding.

WHY iTS share PRiCE  iS  CRASHiNG? ? ? ?

 

is it time to buy nw?

 

Parkway Holdings Ltd
Quick takes - Change in major shareholder - by Gary Ng
(PWAY SP / PARM.SI, OUTPERFORM - Maintained, S$3.12 - Tgt. S$3.69, Healthcare)
 
Maintain Outperform on PWAY, which announced last evening that Fortis Healthcare Ltd, India's fastest growing healthcare company, is acquiring a 23.9% strategic stake in the group from TPG Capital. The deal is estimated at US$685.3m (S$959.4m). We do not anticipate any changes to PWAY's operations or strategies, though there could be a short-term share-price reaction to the S$3.55/share (14% premium to PWAY's closing price of S$3.12) paid by Fortis Healthcare. Our quick chats with management indicate that PWAY is still committed to expansion work, having recently appointed a new CEO, Dr Tan See Leng, to usher in a new era of growth. Our earnings estimates are unchanged. Also intact is our target price, set at S$3.69, based on sum-of-the-parts valuation. Organic growth in Singapore and the region and potential medical suites sales at Novena Hospital should provide stock catalysts.

 

Well fortis has the same frequency of thought as me..

paying a premium of $3.55/share for parkway..

this one is definitely a buy..

DYODD

ozone2002      ( Date: 29-Dec-2009 09:19) Posted: this one is a gem..

 

05 January 2010 10:12  

 

3.04 very nice.. :)

 

this one is a gem..

 

this one definitely has potential..

has pullback from the mega uptrend..

good chance to accumulate..

 

I'm noticed Bukit Sembawang , United Engg and Orchard Par as well... huge jump down @ 5.05pm closing done !! bubble bursting in property counters soon ??

 

Hoping that is because of BB tried to press down the price for monday buying again.

However it doesn't seem like that way as Price suddenly went Up from 1.52 to 1.67 and Down back to 1.52 only happen in the last 30 mins of trading.

 

 

lawcheemeng      ( Date: 29-May-2009 20:26) Posted: 1 question, how long after S Shareholder sale than only inform sgx? but it seem it is play up then push down? but not much vol than at that few .minutes. wat the reason anyone out know.thks pasttime      ( Date: 29-May-2009 18:25) Posted: hi oinkoin1999, according 2008 ar. only 9 share holders with more then 20m shares. nomura not one of them. beyond the top 20 shareholders, the 1m+ small stake holders only account for 82m shares so if no major shareholders announce selling anything. it is gonna be interesting. who sold the shares?

 

1 question, how long after S Shareholder sale than only inform sgx? but it seem it is play up then push down? but not much vol than at that few .minutes. wat the reason anyone out know.thks

pasttime      ( Date: 29-May-2009 18:25) Posted: hi oinkoin1999, according 2008 ar. only 9 share holders with more then 20m shares. nomura not one of them. beyond the top 20 shareholders, the 1m+ small stake holders only account for 82m shares so if no major shareholders announce selling anything. it is gonna be interesting. who sold the shares? oinkoink1999      ( Date: 29-May-2009 17:38) Posted: i got it at 17:05. Nomura securities sold to all buyers at 1.49..

 

hi oinkoin1999, according 2008 ar. only 9 share holders with more then 20m shares. nomura not one of them.

beyond the top 20 shareholders, the 1m+ small stake holders only account for 82m shares so if no major shareholders announce selling anything. it is gonna be interesting.

who sold the shares?

oinkoink1999      ( Date: 29-May-2009 17:38) Posted: i got it at 17:05. Nomura securities sold to all buyers at 1.49... lawcheemeng      ( Date: 29-May-2009 17:12) Posted: wah! saw the action last 10 mins. the price move faster than my eyes can catch. yeh i said "catch" .before ur mind process it move up already. first time see so frenzy kind of action. now really know in just last 2 mins price came all the way from 1.67 down back to closing at 1.52. but  the whole day slow like tortise. frigthening lucky not caught in the frenzy. but think must have some news leh. anybody out there know anything???

 

i got it at 17:05. Nomura securities sold to all buyers at 1.49...

lawcheemeng      ( Date: 29-May-2009 17:12) Posted: wah! saw the action last 10 mins. the price move faster than my eyes can catch. yeh i said "catch" .before ur mind process it move up already. first time see so frenzy kind of action. now really know in just last 2 mins price came all the way from 1.67 down back to closing at 1.52. but  the whole day slow like tortise. frigthening lucky not caught in the frenzy. but think must have some news leh. anybody out there know anything??? aleoleo      ( Date: 20-May-2009 09:37) Posted: what happen to this fellow. run up so high....... sth is going on man ...... will be halted and get query by SGX later?

 

wah! saw the action last 10 mins. the price move faster than my eyes can catch. yeh i said "catch" .before ur mind process it move up already. first time see so frenzy kind of action. now really know in just last 2 mins price came all the way from 1.67 down back to closing at 1.52. but  the whole day slow like tortise. frigthening lucky not caught in the frenzy. but think must have some news leh. anybody out there know anything???

aleoleo      ( Date: 20-May-2009 09:37) Posted: what happen to this fellow. run up so high....... sth is going on man ...... will be halted and get query by SGX later?

 

it is playing catch up games , it lag STI for too much,

 

what happen to this fellow. run up so high....... sth is going on man ...... will be halted and get query by SGX later?

 

 

Still have to monitor the progress of their business.....If their new hospitals at Mumbai and Singapore Novena starts business in few years time, and overseas operations can continue to grow, its revenue will continue to increase in future. If their cost containment exercises are also working, then their net earnings can be boosted to higher levels.....It is going to be a long drawn journey ahead for Parkway and their investors.......hope the healthcare industry can see better days into the long future as global population ages and global healthcare demand increases to fuel this business.......

 

Citi upgrade to BUY with TP 1.85

 

 

Haha, the TP from Credit Suisse is the highest at 2.85


15 May 2009
Asian Daily
- 2 of 4 -
Companies Mentioned (Price as of 15 May 09)
Parkway Holdings (PARM.SI, S$1.29, OUTPERFORM [V], TP S$2.85)