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Raffles Medical Group

Broker's Calls

Brokers’ Digest: StarHub, Raffles Medical Group, Seatrium

Here's what the analysts have to say this week.
SGX stocks to ride out the trade war - THE EDGE SINGAPORE

Stocks To Watch

SGX stocks to ride out the trade war

RHB calls Raffles Medical a 'defensive option in a volatile market'

Corporate moves

Raffles Medical expects China unit to turn profitable soon; mulls Johor expansion to tap SEZ buzz

RMG's China business is expected to breakeven by FY2026.

Insider moves

Raffles Medical Group chairman ups stake to 55.592%

Following the transaction, Loo’s total stake in the group has risen to 55.592%.

Results

Raffles Medical Group’s 1HFY2024 patmi down 48.8% y-o-y on cessation of Covid-19 activities

Revenue was also down by 1.4% y-o-y to $365.7 million.

Insider moves

Raffles Medical’s chairman ups stake again

Raffles Medical Group's Dr Loo has made 10 transactions this month to buy shares in the company.

Broker's Calls

DBS maintains 'buy' on IHH Healthcare even with softer industry-wide numbers

'This is an attractive level to ride on IHH Healthcare's medium-term growth trajectory'
Loo continues Raffles Medical share spree as weekly tally climbs to 500,000 units - THE EDGE SINGAPORE

Insider moves

Loo continues Raffles Medical share spree as weekly tally climbs to 500,000 units

The CEO acquired a further 200,000 units in the company for $206,284 on March 21.

Insider moves

Raffles Medical's Loo acquires additional 200,000 shares for $206,670

The day before on March 19, Loo acquired 100,000 units in the company at $1.03 each.
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