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$Asian Healthcare (1J3.SG)$ This counter' s profit is up. https://www.businesstimes.com.sg/companies-markets/asian-healthcare-specialists-h2-profit-up-564-per-cent-to-s245
MEDICAL services group Asian Healthcare Specialists (AHS) $ Asian Healthcare: 1J3 +1.2% posted a 56.4 per cent increase in net profit to S$2.45 million for the second half of the year. This brings full-year net profit up 73.2 per cent to S$4.48 million, it said an announcement on Friday (Nov 26), after trading hours. The board proposed a final one-tier exempt dividend of S$0.0028 per share, which will be subject to shareholders' approval at an upcoming annual general meeting. Together with the interim dividend payment of S$0.0042 per share declared on May 14 this year, the total dividend payment for FY 2021 will be S$0.007 per share. The group's earnings growth comes on the back of stronger revenue, mainly due to the consolidation of the results of Cornerstone Asia Health, in which it acquired a 51 per cent stake in February 2020. In FY 2021, Cornerstone contributed S$13.7 million to the group's revenue for the year, which stood at S$27.6 million.
AHS said its revenue growth was also due to an increase in the number of patient visits compared to last year and the commencement of operations of an ENT (ear, nose and throat) clinic in November 2020. AHS chief executive officer Chin Pak Lin said: "Being a medical professional myself, I understand the pressures and challenges of the profession and I would therefore like to extend my personal heartfelt thanks to each and every colleague for the unselfish dedication, commitment and courage in going beyond the call of duty." Shares of the Catalist-listed AHS ended Friday down 1.19 per cent or S$0.002 at S$0.166.
MEDICAL services group Asian Healthcare Specialists (AHS) $ Asian Healthcare: 1J3 +1.2% posted a 56.4 per cent increase in net profit to S$2.45 million for the second half of the year. This brings full-year net profit up 73.2 per cent to S$4.48 million, it said an announcement on Friday (Nov 26), after trading hours. The board proposed a final one-tier exempt dividend of S$0.0028 per share, which will be subject to shareholders' approval at an upcoming annual general meeting. Together with the interim dividend payment of S$0.0042 per share declared on May 14 this year, the total dividend payment for FY 2021 will be S$0.007 per share. The group's earnings growth comes on the back of stronger revenue, mainly due to the consolidation of the results of Cornerstone Asia Health, in which it acquired a 51 per cent stake in February 2020. In FY 2021, Cornerstone contributed S$13.7 million to the group's revenue for the year, which stood at S$27.6 million.
AHS said its revenue growth was also due to an increase in the number of patient visits compared to last year and the commencement of operations of an ENT (ear, nose and throat) clinic in November 2020. AHS chief executive officer Chin Pak Lin said: "Being a medical professional myself, I understand the pressures and challenges of the profession and I would therefore like to extend my personal heartfelt thanks to each and every colleague for the unselfish dedication, commitment and courage in going beyond the call of duty." Shares of the Catalist-listed AHS ended Friday down 1.19 per cent or S$0.002 at S$0.166.
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1. Stocks does not create money. It only switches hands from one person to another where someone loses and other benefits that marks the final price of the stock. Which means if you are getting profits on your stock position, it compromises for someone else's loss in the process. For example if you buy a rose from a farmer for a dollar and someone else is willing to pay 5 dollar for it, means that person is losing 4 dollars on it as he could have gotten it for a dollar from the farmer. Where you are getting this loss as your profit of 500% returns on your one rose stock.
2. Stocks are largely illiquid in nature. The liquidity stands for the process where you can convert your asset to the real money. Stock does seem to be a highly traded asset, however it is largely dependent on the willingness to buy by the people/traders. For example if a stock is rising 10% in one day means that there are people who are willing to buy the stock even more than 10% of its price for that day. This might be caused by some news or internal information or maybe the trend. But nowdays it's largely caused by the short positions closing on the stock.
3. The trading value of the stock is not exactly the real value you get for that if you sell in large amounts. Since the traded stocks on the exchange acco...
2. Stocks are largely illiquid in nature. The liquidity stands for the process where you can convert your asset to the real money. Stock does seem to be a highly traded asset, however it is largely dependent on the willingness to buy by the people/traders. For example if a stock is rising 10% in one day means that there are people who are willing to buy the stock even more than 10% of its price for that day. This might be caused by some news or internal information or maybe the trend. But nowdays it's largely caused by the short positions closing on the stock.
3. The trading value of the stock is not exactly the real value you get for that if you sell in large amounts. Since the traded stocks on the exchange acco...
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$Uber Technologies (UBER.US)$ Next,Uber is exploring other initiatives that should directly increase profits. The company recently announced that it intends to get into in-app advertising. There's no question that Uber is becoming a one-stop shop for all your transportation needs.
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By Julianna
Hey, moomooers! Here are things you need to know before the opening bell:
- Futures contracts tied to the major U.S. stock indexes slipped early Monday morning, as the S&P 500 hovered in record territory after last week' s modest gains.
- Pat Gelsinger, Intel CEO, who is trying to re-energize the U.S. chip maker, has sought out government leaders to gain their support for Intel's ambitious investment plans.
Market Snap...
Hey, moomooers! Here are things you need to know before the opening bell:
- Futures contracts tied to the major U.S. stock indexes slipped early Monday morning, as the S&P 500 hovered in record territory after last week' s modest gains.
- Pat Gelsinger, Intel CEO, who is trying to re-energize the U.S. chip maker, has sought out government leaders to gain their support for Intel's ambitious investment plans.
Market Snap...
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SGX is like ex girlfriend... over liao and still keep putting in watch list not willing to let go... ![]()
whatever the price whether buy or sell, must move on... I think the bull run last month may not seem to have a repeat after all. bank analysts also reduce to hold so perhaps not much gas liao...?
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