Takeaway from presentation by CEO
$Singapore O&G(1D8.SG$ 1.High dividend payout ratio (~85%) likely maintained - Since the company has no debt, it is good to return the cash to shareholders if no immediate plan for M&A; 2. JV business in JB affected by MCO lock down, further update will be provided soon. No plan to set up maternity center in Spore as it is unlikely to be comercially viable for now; 3.Company is cautiously recruiting like minded specialist to join the Company, such specialisit typically sign 5 years contract - organic growth; 4. Once travel restrictions are eased, medical tourists may return and will contribute positively to top & bottom line; 5. All the senior doctors are shareholder of the Company - interest aligned with minority shareholders. Happy weekend!
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