
Nah, dun want lah
MM Singh? I want MM Lee as Chairman.........lol
Parkway Holdings: Fortis Healthcare to acquire 23.9% stake in Parkway
Summary: India’s fastest growing healthcare company, Fortis Healthcare Ltd, yesterday announced the acquisition of a 23.9% strategic stake in Parkway Holdings from TPG Capital for an estimated US$685.3m or S$3.56 per share.
According to Fortis, the acquisition will enable it to expand its footprint and place it strategically for geographical and clinical leadership in Asia.
******** wOuld fOrtis nEEd mOre CLiNiCS frOm HealthWay Medical ? ********
We see this as a strong indicator of confidence in Parkway’s growth potential. We also expect potential synergy benefits that will help the group offer a global quality healthcare experience across the region.
We maintain our BUY rating and S$3.31 fair value on Parkway. Note that Fortis intends to seek four seats on the Board of Directors of Parkway and also nominate current Chairman of Fortis Healthcare, Mr Malvinder Mohan Singh as the Chairman of the Board of Directors of Parkway. (Kevin Tan)
Excellent.....very seasoned investor/trader that you are.......
I have to say that I was blinded by how much potential the India healthcare market is.....
My earlier FA on HW was incomplete.........
Today Fortis.....tomorrow Apollo?????
Before is Richard as Chairman At Parkway, now is Mr Singh......
Today is Kow Hin, tomolo is?
pharoah88 ( Date: 12-Mar-2010 09:36) Posted:
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iNvestOrs PiCK Up the prOfits handOver frOm tradErs at S$0.170 yEstErday / S$0.180 tOday
iNvestOrs THANK tradErs
WAVE HEAD WiLL start at S$0.195
S$0.195
that iS 10 Millions
drsubaru ( Date: 12-Mar-2010 09:30) Posted:
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nervOus traders are transfering wealth tO CALM iNvestOrs S$0.180.
Yesterday, the SAME THiNG happened at S$0.170.
Hoot 1.5 mil myself and another at 2.5 mil at 17.5 cents via proxy today
Swee!
Double top might be broken, the breakout traders will jumped in and this baby wil autopilot
mEga vOlume 40+ Million shares iN 28 minutes
WiN-WiN-WiN tUg-Of-WAR bEtwEEn lOng and shOrt
Traders tOOk prOfits at S$0.180
iNvestOrs tOOk OppOrtunities tO lOad Up at S$0.180
Great, really cheong now!
09:16.17 S$0.185 brOke thrOugh
S$0.185
Friday, 12th March 2010
Opening CLEAN SWEEP at S$0.175 for 11,367,000 shares.
nOtice NEW SiGNAL pattErn this mOrning.
09:03.50 S$0.170 MARRiED dEal 55,000
09:10.12 S$0.170 MARRiED dEal 55,000
THiS iS a FLASH SiGNAL fOr BUYiNG BONAZA.
Let's mOnitor the flOw.
M&A is going on in Health sector.
Fortis Healthcare to buy 23.9% of Parkway.
At this CRiTiCAL STAGE, wOuld Healthway Medical be anOther TARGET?
dunno leh.. muz ask pharoah88
pharoah88 ( Date: 10-Mar-2010 13:01) Posted:
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huh, got annoucement meh?
so wad important announcement r they going to make n when???
iTS nOt me.
the buyer needs to QUEUE OVERNIGHT for such Strategic Move.
Also must have LUCK.
Who managed to get it at 0.165? Lucky fella, now close back 0.175. Hope can start to cheong soon. 0.25 target? Really hope so.
can it break out of this resistance and go upwards???