A case of panic short covering rather than a re-rating? Methinks the collateral damage from the crypto fiasco has yet to run it's course, especially in the so called new tech sector.
RMC has been struggling in China, partly because of the slowdown in the economy, but due to inability to overcome markets scepticism over a new foreign hospital' s professional credentials. Hopefully, the recruitment of a new Greater China biz development head with solid prior experience in this sector in China ( ex Ping An Health) will remedy this!
An Intrinsic Calculation For Raffles Medical Group Ltd (SGX:BSL) Suggests It's 50% Undervalued
Raffles Medical Group's estimated fair value is S$1.78 based on 2 Stage Free Cash Flow to Equity. Current share price of S$0.90 suggests Raffles Medical Group is potentially 50% undervalued. Our fair value estimate is 62% higher than Raffles Medical Group's analyst price target of S$1.10. Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Raffles Medical Group Ltd as an investment opportunity by taking the expected future cash flows and discounting them to today's value. One way to achieve this is by employing the Discounted Cash Flow model. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. If you still have some burning questions about this type of valuation, take a look at the Simply Wall St analysis model.Check out our latest analys
The positives of an interest rate cut has been overstated. Whilst it will benefit companies and individuals who have floating rate loans, those on fixed rate ( essentially long term ) loans will not benefit The risk is that it will force unwinding of particularly, USD assets funded by JPY borrowings. This will result in a weaker USD already battered by dedollarisation in trade transactions, eroding confidence in USD as a reserve currency ( note latest move by France to illegally seize Russias USD assets) and anxiety over geopolitical risk in the Middle East and Ukraine. The end result will be stagflation. Not a scenario to look forward to.
$Tiger Brokers(TIGR)$ This is likely to bring more swing voters to Trump especially if Joe Biden insists on standing for reelection despite increasing concerns about his cognitive powers Markets will not react negatively as Trump is generally pro business and transaction inclined. So many geopolitical confrontations now impeding global trade may be peaceably resolved.
The system currently nets the dividends received against the purchase cost of the securities to calculate P/L. This distorts the real P/L of a transaction.
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Only if it's on the eve of an earnings report. Or release of some macro economic data like CB meeting minutes, unemployment statistics etc. Otherwise, placement of stop orders will be sufficient to ensure normal sleep