
Current market conditions condemns this share to further fall for sure!
Won't buy till it hits 2 dollars
I am not optimistic on this counter for the following reasons:
1. Paid too high a price for its Novena site. Expect land and develoment building charges for the new hospital to be about $1 billion. This implies more cash calls, bank loans, etc.
2. Raising its hosp charges to increase revenue will push more patients to government sector. As it is government sector marketing aggressively for private patients. Just look at advertisements in in flight magazines when you travel the next time. More foreigners will go to neighbouring countries for treatment if cost of treatment in Singapore too prohibitive.
3. Current shortage of bed spaces will be eased when new pte hospital at Rangoon as well as new government hospitals in yishun and Jurong slated to complete in two years time according to recent newspaper report.
Just my opinion. Caveat emptor.
darylwj ( Date: 19-Jun-2008 11:27) Posted:
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jackjames ( Date: 16-May-2008 14:45) Posted:
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this is a very good counter , in a very bright future industry ..
it reached 2.68 last month... pretty good price to cash in...
the price is rising??? this counter is promising and hope to have better profit after acquiring
after they announce (march 31) | 7000 | $ 2.18 | $15,260.00 | ||
15000 | $ 3.10 | $46,500.00 | |||
22000 | $ 2.81 | $61,760.00 | |||
lowest in feb 26 | 7000 | $ 2.18 | $15,260.00 | ||
15000 | $ 2.80 | $42,000.00 | |||
22000 | $ 2.60 | $57,260.00 |
I did a short calculation on 2 scenario,
(1) if you buy the shares on the day they announce the right issue, which is march 31, say you got it the cheapest at 3.10, then, after you entitled all the rights, your average price will be $2.81 .
(2) if you are so lucky to buy on day after they announce their "over-bid news" on feb 26, which is only 2.80, after you entitled all the rights, your average price will be $2.60.
So, not many people are the lucky one, so i would assume most of the "calculative investor", the best average price is at $2.81, meaning if the stock drop below $2.81, I would consider a good deal.
Hey guys... would anyone care to explain the process how to subscribe to the rights issue? I'm a shareholder. Sorry first time encountering rights issue hehe... secondly, if the computation ends up as an odd lot, will there be provisions to increase and how much? Thank You to any kind soul who bother to explain to me thks a million!
Javier
CR means Cum-Rights,
OFFER OF 7 FOR 15 @ $2.18 Rights had been announced and you can find summary as:
PARKWAY HLDGS LTD
RIGHTS Announced on 2008-05-06 |
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Particulars : | OFFER OF 7 FOR 15 @ $2.18 |
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Ex-date : | 16 May 2008 |
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Buy-In Last Cum Date : | 22 May 2008 |
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Record Date : | 21 May 2008 |
Last updated on 05/07/2008 03:00:45 AM
what is the CR?? what is the up-side??
Can anyone forecast what this acquisition will have on Parkway Holdings?? UP UP / DOWN DOWN??
I'm a newbie but have v. strong interest in the area.
Thanks for any enlightenment given.
M&A for Parkway Holdings:
Here's your answer to the sterling performance today of Parkway holdings (April 30 (Reuters)):
** Malaysian state investment arm Khazanah Nasional Bhd will buy a stake of 16.41 percent in Singapore healthcare service provider Parkway Holdings Ltd (PARM.SI: Quote, Profile , Research) for S$531.51 million, Khazanah said. To read more, please double click on [nKLA007438]
http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=PARM.SI&storyID=2008-04-30T054301Z_01_SP86854_RTRIDST_0_MERGERS-DEALS.XML&type=qcna
Wow, very high vol today... Anybody knows why... Thanks in advance...

look at the "Time & Sales"...very wierd this morning...the jumping of numbers...never see before such a happening...anybody else monitoring this?
bulls and bears fighting very fiercely for the last 15 mins
Time | Last | Volume | Buy/Sell |
17:05:01 | 3.400 | 26,000 | X |
16:59:05 | 3.400 | 5,000 | Sell Down |
16:57:01 | 3.410 | 23,000 | Buy Up |
16:54:22 | 3.410 | 2,000 | Buy Up |
16:54:13 | 3.410 | 2,000 | Buy Up |
16:52:23 | 3.400 | 62,000 | Sell Down |
16:52:19 | 3.400 | 75,000 | Buy Up |
16:51:14 | 3.400 | 23,000 | Sell Down |
Time | Last | Volume | Buy/Sell |
16:50:10 | 3.400 | 2,000 | Sell Down |
16:50:08 | 3.400 | 75,000 | Buy Up |
16:49:15 | 3.400 | 2,000 | Sell Down |
16:49:11 | 3.400 | 62,000 | Sell Down |
16:49:07 | 3.400 | 38,000 | Buy Up |
16:48:40 | 3.400 | 2,000 | Buy Up |
16:48:40 | 3.400 | 4,000 | Buy Up |
16:48:37 | 3.400 | 4,000 | Buy Up |
16:48:32 | 3.400 | 2,000 | Buy Up |
16:48:16 | 3.400 | 25,000 | Sell Down |
16:48:13 | 3.400 | 75,000 | Buy Up |
16:47:51 | 3.400 | 63,000 | Buy Up |
16:47:45 | 3.400 | 5,000 | Buy Up |
16:47:42 | 3.400 | 2,000 | Buy Up |
16:47:41 | 3.400 | 5,000 | Sell Down |
16:47:37 | 3.400 | 74,000 | Buy Up |
16:47:37 | 3.400 | 5,000 | Buy Up |
16:47:11 | 3.380 | 3,000 | Sell Down |
16:45:39 | 3.390 | 4,000 | Sell Down |
16:45:35 | 3.390 | 23,000 | Sell Down |
The prospects forward for Parkway is awesome... those seeking incremental growth in wealth shld be invested here... looks bright at least for the next 5yrs, most probably more if geographical expansion is well-executed...
Javier
any good news on this counter ?
Implementation of means testing will result in a graduated shift of highincome
patients from government hospitals to private hospitals
This counter is heading north. MACD has rises about its signal line.