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Hope the next successor can steer Parkway Holdings to greater heights? Is it announced who will be taking over as the next COO? I hope it can be also someone with relevant experience in hospital management and believes strongly in the core visions of Parkway Holdings as a healthcare organisation, preferably someone who also have experience in capital management well so that Parkway Holdings can reduce it's cost of operations and at the same time use it's available capital wisely for future growth and expansion. This will ensure sustained profitability in the long term.
However, most important is that it can continue to deliver the best clinical outcomes to it's patients. An enduring company is one that focuses on it's core visions (why it exists in the first place) and is not easily distracted. For a healthcare organisation, providing the best care for patients in terms of clinical outcomes and beyond should be one of the most important vision. Profitability is a natural outcome from the living out (daily operations) of the cherished visions of the company.
wongmx6 ( Date: 15-Apr-2009 10:13) Posted:
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PARKWAY HOLDINGS LIMITED
ANNOUNCEMENT
CESSATION OF EMPLOYMENT OF GROUP CHIEF OPERATING OFFICER
The Board of Directors of Parkway Holdings Limited (the “Parkway”) wishes to
announce that Mr Daniel J Snyder, who has decided not to renew his 3-year
employment contract for personal reasons, will cease his employment as Group
Chief Operating Officer when his existing contract expires on 18 June 2009.
Pursuant to the Listing Manual requirements, a separate announcement has been
released under the heading – “Cessation of Group Chief Operating Officer”.
On behalf of Parkway, the Board wishes to express its appreciation to Mr Snyder for
his past services and contributions and wishes him all the best in his future
endeavours.
By Order of the Board
PARKWAY HOLDINGS LIMITED
June Tay Kwok Fung
Ho Li Li
Company Secretaries
Angie_nfl ( Date: 13-Apr-2009 17:23) Posted:
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Hi WomgMX6,
May I know you bought PW at what price.I wanted to buy some and keep too. . .
wongmx6 ( Date: 13-Apr-2009 13:42) Posted:
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I counter is cheap, Recently not many people mentioned it. This is a gem, Vested 5 lots.
Thomson is good, therefore the drop is less severe if compare with Parkway. Just Like UOB Vs DBS.
In short term, I tend to like Underdog....
Park made a huge land investment at a very high price. Does this the reason for the low current price?
How does PW compare to raffle medical and Thomson.
Which companies having a better earning prospect?
hi,anyone interested in this one
i believe it is quite defensive cuz of it medical as even worst economy they still have customer-patient
currently i have no news on them ,so what do u think about this counter
Parkway Q3 earnings fall 95% without property disposal gains
Healthcare group Parkway Holdings on Wednesday reported a sharp year-on-year drop in earnings for the third quarter.
Net profit fell 95 per cent to S$10.2 million, from S$224.6 million a year ago. This is because in Q3 2007, the company's earnings were bolstered by gains from spinning its local hospital properties into a real estate investment trust (Reit).
Revenue for the three months ended September 30, 2008 rose 7 per cent to S$239.4 million, from S$222.8 million a year ago.
Growth was driven by revenue of the Singapore Healthcare segment, where turnover rose 24 per cent in Q3 2008. The strong double digit growth is mainly attributed to Parkway Shenton's increased patient volume.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_D03D3553EEE1F199482574FF0033664A/$file/SGXNet_Sep08.pdf?openelement
jackjames ( Date: 18-Aug-2008 12:03) Posted:
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I'll wait.
we all can tell Michelle Chong know how and when to enter the market.... This is my first time reading the interview of The Sunday Times that people tell exactly which shares and how many they are holdings..
Michelle publicly said she owns 20 lots of Parkway holdings and in the paper loss of 15K now... doing reverse calculation.. she bought at 2.80 (calculating friday closing price of 2.05).. so, she invested 56K in Parkway holdings.... needless to say, according to chart, 2.80 is a strong support point... too bad, it goes all the way to 1.91... she is right, she has confidence in his company and she believes the share price will go up significant;y again in the near future.. I believe so too..
apart from that, she holds significant amount of stocks mainly at blue chip like SIA, but did not say the amount and entry price this time..
In summary, she is smart.
Hi guys this counter drop 14cents from $2.20.
Do we have a good deal here...
Wait till it's TA form a support price, may be like $2.10~$2.20.......
RENOUNCEABLE UNDERWRITTEN RIGHTS ISSUE OF UP TO 360,398,108 NEW ORDINARY SHARES (“RIGHTS SHARES”) IN THE CAPITAL OF PARKWAY HOLDINGS LIMITED AT THE ISSUE PRICE OF S$2.18 PER RIGHTS SHARE ON THE BASIS OF SEVEN (7) RIGHTS SHARES FOR EVERY FIFTEEN (15) EXISTING SHARES HELD BY ENTITLED SHAREHOLDERS AS AT THE BOOKS CLOSURE DATE, FRACTIONAL ENTITLEMENTS TO BE DISREGARDED
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C27924165310DAE14825746A0031CCD9/$file/Listing_of_Rights_Shares.pdf?openelement
Parkway shares took a hit yesterday amid renewed reports that Malaysia's sovereign wealth fund Khazanah Nasional plans to borrow $1bn to raise its stake in the Singapore- based healthcare group. The fear in the market was that any issue of new shares to Khazanah would dilute EPS for existing shareholders. In what could be a prelude to further purchases to raise its stake, after-market announcements by Parkway yesterday showed Khazanah has upped its holding, albeit marginally, to 23.33%, from 23.21%. A trader said if Khazanah invests the reported $1bn borrowing in Parkway, its stake could rise to 40-45%, based on the number of shares outstanding and the market price. Khazanah's higher stake of 23.33% was based on enlarged share capital after a rights issue and came after open-market purchases - through wholly owned Mount Kinabalu Investments Ltd (MKI) - totalling 2.075m shares from June 11 to June 17. It also took into consideration the allocation of 82.5m rights shares to MKI. The rights shares were issued on June 16 and listed on June 17.
darylwj ( Date: 19-Jun-2008 11:27) Posted:
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