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EHG Econ Healthcare

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0.315
+0.005+1.61%

10min DelayNot Open Feb 14 15:12 CST

83.76MMarket Cap9.84P/E (TTM)

Econ Healthcare Stock Forum

AlanYeo

May 29, 2022 00:19

Econ Healthcare posts $1.26 mil loss for 2HFY2022 after losing $3.4 mil on Crosstech exit

https://alphaedgeinvesting.com/2022/05/29/econ-healthcare-posts-1-26-mil-loss-for-2hfy2022-after-losing-3-4-mil-on-crosstech-exit/
$Econ Healthcare (EHG.SG)$

doctorpot1

Apr 15, 2022 03:38

i love SG IPO and bought many, but for this I'm sitting out

There is an old folklore in Singapore that you can easily make money by buying IPO via ATM machine. So to test that saying I started crunching the numbers. After crunching the numbers on SG IPO over 2018 to 2020 (comparing IPO price and first day closing price), there are 26 winners and 10 losers. if we just buy all IPO (do note that we might not get it if it is oversubscribed) and then sell it at closing, the average returns was 2.56%. ...

Maker of TraceTogether Token: iWOW jumped 14% on debut day

bubbleberrygum : usually after one successful project by an up and coming tech co, they tend to still enjoy good market impressions subsequently, I feel. Esp in this era where tech is rising, more eyes will be on them I feel and more opportunities may knock on their door, be it from govt projects etc. thus, I do feel they may have potential but I haven't read up on them yet too or checked out this IPO enough - heard about it on the day it was released. so due to the lack of knowledge, not going for the IPO yet. anyways, too late alrdy. but also, I noticed that prices tend to rise then drop after the IPO, based on some past two to three IPOs. so I am thinking this will drop below IPO price soon too xD which I think it alrdy has :) just whether it's a good long-term investment - that's the one I need to ensure first too

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doctorpot1 OP bubbleberrygum : yea, my biggest worry for this ticker is that once trace together is phased out and their business goes back to normal then the PE is >200. Too crazy already. hahahha watching but not buying

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bubbleberrygum doctorpot1 OP : Haha I need to read up more on them first, to see what other opportunities or skill sets they have besides the tracetogether project. If they can expand their product line or services from there, maybe will have good potential. Maybe like an sg crowstrike? Hahah

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High Profit Low Loss : I usually do not like to subscribe to IPO. I like businesses that are in the market for more than 5 years and above.
This allows me to look into records.
Moreover as you said trace-together is a one off thing.
Subsequently their business has to be sustained by other means.
So absolutely agreed with you on this crucial point.

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doctorpot1 OP High Profit Low Loss : I like to look at IPO companies because they usually debut below fair value. This is because they want to sell all of their shares offered so usually that mean giving discount on the price. If they set too high the IPO will flop and they won't get enough cash to fund their needs, plus the underwriters won't get the full fees. so usually the underwriters will price it at a discount to ensure the IPO will be oversubscribed and they earn the sweet sweet profit.

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DustinGoh

Mar 16, 2022 00:19

$Econ Healthcare (EHG.SG)$ 15 cents coming, half way through. You have been warned two months ago.

Ah Boo

Jan 28, 2022 01:32

$Econ Healthcare (EHG.SG)$ another general in the company?

DustinGoh

Jan 17, 2022 22:05

$Econ Healthcare (EHG.SG)$ something very wrong with the management CEO, be careful with the leadership inside. The price may drop to 15 cents.

DYODD Investor

Jan 17, 2022 19:38

$Econ Healthcare (EHG.SG)$ The CEO sold high price under his own account to the company and let Econ suffer the loss. he control 80% of the company and minority shareholders can’t do anything. such CEO n major shareholder in the company will suck your hard earned money. better avoid such counter. So scary of such people esp in high position.

soyabean89

Jan 17, 2022 04:24

$Econ Healthcare (EHG.SG)$ demand the removal of the idiot chairman and ceo for this bs P&D move.
Also cfo for not forwarn and report authorities for suspicious events.
Fk the entire board plz

Moo Humor

102232720仗义执言

Jan 16, 2022 22:39

$Econ Healthcare (EHG.SG)$

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bullrider_21

Jan 14, 2022 20:24

DBS downgraded to hold and lowered tp

DBS downgraded $Econ Healthcare (EHG.SG)$ to hold lowered tp to 0.28 from 0.40 after its share investment turned sour.
https://www.businesstimes.com.sg/companies-markets/brokers-take-dbs-downgrades-econ-healthcare-to-hold-as-s4m-share-investment

101715878Heng

Jan 13, 2022 19:51

The CEO should step up and resign

$Econ Healthcare (EHG.SG)$ The company lost so much money 3.4 M over last year profit because of its ability to trade stocks instead of doing Business, the CEO should take this responsibility to resign