Q&M Dental Group

SINGAPORE (Jan 8): Although healthcare stocks in Singapore underperformed last year largely due to the setting up of new hospitals overseas, CIMB says the sector would be rerated once they stabilised.

SINGAPORE (Aug 22): Phillip Capital has upgraded Q&M Dental Group to “neutral” with lower target price of $0.61 from $0.65.

SINGAPORE (Aug 15): Q&M Dental Group announced group earnings increased more than trebled to $13.64 million for 2Q17 from $3.7 million in 2Q16 due to a one-time $16.9 million gain from Q&M’s spin-off of Aoxin from an subsidiary to an associate in April.

SINGAPORE (July 2): Q&M Dental Group has agreed to acquire 20% stake in Shenzhen Superline Technology Co for a consideration of 62 million yuan (about $12.7 million).

SINGAPORE (June 15): Q&M Dental Group is acquiring the business assets of three dental practices in Singapore and Malaysia.

SINGAPORE (June 6): Q&M Dental Group says it will continue to deepen its presence and expand its dental-related operations in China through the JV partnership strategy with IE Singapore.

SINGAPORE (June 5): Maybank Kim Eng is maintaining its “hold” call on Q&M Dental Group despite its ability to attract more players in Singapore and China.

SINGAPORE (March 31): Aoxin Q&M Dental Group is planning to raise net proceeds of about $9.1 million via a proposed listing on Catalist.

SINGAPORE (March 6): Maybank Kim Eng Research has downgraded its rating on Q&M Dental from “buy” to “hold”, lowering its target price on the stock to 71 cents from $1 previously on the group’s FY16 core earnings miss.

SINGAPORE (March 3): CIMB has downgraded its rating on Q&M Dental Group from “hold” to “reduce”, lowering its target price on the stock to 60 cents from 77 cents on growing concerns about the group’s continued earnings disappointments and goodwi