Raffles Medical(BSL.SI),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

BSL.SI Raffles Medical

Not Yet Opened 04-30 17:16:00 SGT Delay

1.00

-0.01

-0.99%

High1.01	Low0.9950	Vol1.21M
Open1.01	D1 Closing1.01	Amplitude1.49%
Mkt Cap1.86B	Tradable Cap822.59M	Total Shares1.86B
T/O1.21M	T/O Rate0.15%	Tradable Shares822.59M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

{"stockData":{"symbol":"BSL.SI","market":"SI","secType":"STK","nameCN":"Raffles Medical","latestPrice":1,"timestamp":1714468560000,"preClose":1.01,"halted":0,"volume":1209000,"delay":15,"nameEN":"Raffles Medical","floatShares":822593019,"shares":1857071175,"eps":0.048199,"marketStatus":"Not Yet Opened","change":-0.01,"latestTime":"04-30 17:16:00 SGT Delay","open":1.01,"high":1.01,"low":0.995,"amount":1208750.5,"amplitude":0.014851,"askPrice":0,"askSize":0,"bidPrice":0,"bidSize":0,"shortable":3,"etf":0,"ttmEps":0.048199,"tradingStatus":0,"nextMarketStatus":{"tag":"Open","tradingStatus":2,"beginTime":1714609800000},"marketStatusCode":0,"adr":0,"exchange":"SGX","adjPreClose":1.01,"openAndCloseTimeList":[[1714437000000,1714449600000],[1714453200000,1714468560000]],"volumeRatio":0.7995185694075039,"lotSize":100,"tradeCurrency":"SGD"},"requestUrl":"/m/hq/s/BSL.SI","defaultTab":"news","newsList":[{"id":"2430263024","title":"Raffles Medical Group (SGX:BSL) Will Pay A Smaller Dividend Than Last Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2430263024","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2430263024?lang=en_us&edition=fundamental","pubTime":"2024-04-26 06:17","pubTimestamp":1714083425,"startTime":"0","endTime":"0","summary":"Raffles Medical Group Ltd  is reducing its dividend from last year's comparable payment to SGD0.024 on the 23rd of May. This payment takes the dividend yield to 2.4%, which only provides a modest boost to overall returns.Check out our latest analysis for Raffles Medical Group. Raffles Medical Group's Payment Has Solid Earnings Coverage. It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. Prior to this announcement, Raffles Medical Group's dividend was comfortably covered by both cash flow and earnings. This indicates that quite a large proportion of earnings is being invested back into the business.EPS is set to fall by 1.8% over the next 12 months. If the dividend continues along recent trends, we estimate the payout ratio could be 53%, which we consider to be quite comfortable, with most of the company's earnings left over to grow the business in the future.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/6BRhFnc.pgAxsBLr6Um7fw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4a502612fd94fa7765656091ba791336","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/6BRhFnc.pgAxsBLr6Um7fw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4a502612fd94fa7765656091ba791336"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/raffles-medical-group-sgx-bsl-221705892.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/raffles-medical-group-sgx-bsl-221705892.html","is_publish_highlight":false,"gpt_icon":0},{"id":"2428573202","title":"Raffles Medical Group's (SGX:BSL) Returns Have Hit A Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=2428573202","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2428573202?lang=en_us&edition=fundamental","pubTime":"2024-04-19 08:35","pubTimestamp":1713486931,"startTime":"0","endTime":"0","summary":"To find a multi-bagger stock, what are the underlying trends we should look for in a business?Amongst other things, we'll want to see two things; firstly, a growing return on capital employed  and secondly, an expansion in the company's amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. In light of that, when we looked at Raffles Medical Group  and its ROCE trend, we weren't exactly thrilled.For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Raffles Medical Group, this is the formula:. Return on Capital Employed = Earnings Before Interest and Tax  ÷ . Therefore, Raffles Medical Group has an ROCE of 9.4%. In absolute terms, that's a low return, but it's much better than the Healthcare industry average of 7.0%.Check out our latest analysis for Raffles Medical Group","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/6BRhFnc.pgAxsBLr6Um7fw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4a502612fd94fa7765656091ba791336","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/6BRhFnc.pgAxsBLr6Um7fw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4a502612fd94fa7765656091ba791336"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/raffles-medical-groups-sgx-bsl-003531911.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/raffles-medical-groups-sgx-bsl-003531911.html","is_publish_highlight":false,"gpt_icon":0},{"id":"2426623452","title":"4 Reliable Singapore Stocks That Paid Dividends for More Than a Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2426623452","media":"The Smart Investor","top":-1,"share":"https://ttm.financial/m/news/2426623452?lang=en_us&edition=fundamental","pubTime":"2024-04-12 10:05","pubTimestamp":1712887549,"startTime":"0","endTime":"0","summary":"Look no further than these four dependable Singapore stocks that have dished out dividends for 10 years or more.","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","isJumpTheme":false,"source_url":"https://thesmartinvestor.com.sg/4-reliable-singapore-stocks-that-paid-dividends-for-more-than-a-decade/","is_publish_highlight":true,"gpt_icon":1},{"id":"2425332033","title":"Raffles Medical Group Full Year 2023 Earnings: EPS Misses Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2425332033","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2425332033?lang=en_us&edition=fundamental","pubTime":"2024-04-05 06:33","pubTimestamp":1712270023,"startTime":"0","endTime":"0","summary":"Profit margin: 13% . The decrease in margin was primarily driven by lower revenue.SGX:BSL Earnings and Revenue Growth April 4th 2024. All figures shown in the chart above are for the trailing 12 month  period. Revenue was in line with analyst estimates. Earnings per share  missed analyst estimates by 4.7%.Looking ahead, revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Healthcare industry in Asia.The company's share price is broadly unchanged from a week ago.It's still necessary to consider the ever-present spectre of investment risk.   We've identified 2 warning signs  with Raffles Medical Group, and understanding them should be part of your investment process.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/raffles-medical-group-full-2023-223343581.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/raffles-medical-group-full-2023-223343581.html","is_publish_highlight":false,"gpt_icon":0},{"id":"2424804821","title":"Raffles Medical Group (SGX:BSL) Will Pay A Smaller Dividend Than Last Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2424804821","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2424804821?lang=en_us&edition=fundamental","pubTime":"2024-04-04 06:13","pubTimestamp":1712182419,"startTime":"0","endTime":"0","summary":"Raffles Medical Group Ltd  is reducing its dividend to SGD0.024 on the 23rd of Maywhich is 37% less than last year's comparable payment of SGD0.038. The dividend yield will be in the average range for the industry at 3.6%.Raffles Medical Group's Dividend Is Well Covered By Earnings. While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. The annual payment during the last 10 years was SGD0.015 in 2014, and the most recent fiscal year payment was SGD0.038. This implies that the company grew its distributions at a yearly rate of about 9.7% over that duration. We have seen cuts in the past, so while the growth looks promising we would be a little bit cautious about its track record.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/6BRhFnc.pgAxsBLr6Um7fw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4a502612fd94fa7765656091ba791336","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/6BRhFnc.pgAxsBLr6Um7fw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4a502612fd94fa7765656091ba791336"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/raffles-medical-group-sgx-bsl-221339636.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/raffles-medical-group-sgx-bsl-221339636.html","is_publish_highlight":false,"gpt_icon":0},{"id":"2423298015","title":"Raffles Medical Group Ltd (SGX:BSL) Shares Could Be 34% Below Their Intrinsic Value Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2423298015","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2423298015?lang=en_us&edition=fundamental","pubTime":"2024-03-31 08:15","pubTimestamp":1711844114,"startTime":"0","endTime":"0","summary":"Using the 2 Stage Free Cash Flow to Equity, Raffles Medical Group fair value estimate is S$1.58. Current share price of S$1.04 suggests Raffles Medical Group is potentially 34% undervalued. Analyst price target for BSL is S$1.14 which is 28% below our fair value estimate. 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. We will take advantage of the Discounted Cash Flow  model for this purpose. It may sound complicated, but actually it is quite simple!Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model.Check out our latest analysis for Raffles Medical Group","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/6BRhFnc.pgAxsBLr6Um7fw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4a502612fd94fa7765656091ba791336","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/6BRhFnc.pgAxsBLr6Um7fw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4a502612fd94fa7765656091ba791336"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/raffles-medical-group-ltd-sgx-001514933.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/raffles-medical-group-ltd-sgx-001514933.html","is_publish_highlight":false,"gpt_icon":1},{"id":"2422513535","title":"Raffles Medical chair continues purchases; Sam Goi ups PSC stake","url":"https://stock-news.laohu8.com/highlight/detail?id=2422513535","media":"SGX","top":-1,"share":"https://ttm.financial/m/news/2422513535?lang=en_us&edition=fundamental","pubTime":"2024-03-25 00:00","pubTimestamp":1711296000,"startTime":"0","endTime":"0","summary":"Institutions were net buyers of Singapore stocks over the five trading sessions through to Mar 21, with S$257 million of net institutional inflow, as 23 primary-listed companies conducted buybacks wit","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.sgx.com/research-education/market-updates/20240325-raffles-medical-chair-continues-purchases-sam-goi-ups","is_publish_highlight":false,"gpt_icon":0},{"id":"2421345222","title":"Raffles Medical chair continues acquisitions; Sam Goi ups stake in PSC","url":"https://stock-news.laohu8.com/highlight/detail?id=2421345222","media":"businesstimes","top":-1,"share":"https://ttm.financial/m/news/2421345222?lang=en_us&edition=fundamental","pubTime":"2024-03-24 14:01","pubTimestamp":1711260061,"startTime":"0","endTime":"0","summary":"INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions through to Mar 21, with S$257 million of net institutional inflow, as 23 primary-listed companies conducted buybacks with a total consideration of S$26.5 million.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"bustime_highlight","url":"https://www.businesstimes.com.sg/companies-markets/raffles-medical-chair-continues-acquisitions-sam-goi-ups-stake-psc","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.businesstimes.com.sg/companies-markets/raffles-medical-chair-continues-acquisitions-sam-goi-ups-stake-psc","is_publish_highlight":false,"gpt_icon":0},{"id":"2421002971","title":"Raffles Medical's Loo acquires additional 200,000 shares for $206,670","url":"https://stock-news.laohu8.com/highlight/detail?id=2421002971","media":"Bryan Wu","top":-1,"share":"https://ttm.financial/m/news/2421002971?lang=en_us&edition=fundamental","pubTime":"2024-03-21 10:47","pubTimestamp":1710989231,"startTime":"0","endTime":"0","summary":"The day before on March 19, Loo acquired 100,000 units in the company at $1.03 each.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.theedgesingapore.com/capital/insider-moves/raffles-medicals-loo-acquires-additional-200000-shares-206670?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","is_publish_highlight":false,"gpt_icon":0},{"id":"2421089528","title":"Raffles Medical CEO Loo acquires 100,000 shares at $1.03 each","url":"https://stock-news.laohu8.com/highlight/detail?id=2421089528","media":"Bryan Wu","top":-1,"share":"https://ttm.financial/m/news/2421089528?lang=en_us&edition=fundamental","pubTime":"2024-03-20 10:37","pubTimestamp":1710902265,"startTime":"0","endTime":"0","summary":"After the purchase, Loo’s direct stake in Raffles Medical has increased to 11.573% from 11.568% previously.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.theedgesingapore.com/capital/insider-moves/raffles-medical-ceo-loo-acquires-100000-shares-103-each?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","is_publish_highlight":false,"gpt_icon":0},{"id":"2420112404","title":"Raffles Medical executive chair continues acquisitions, CDL leads buyback consideration","url":"https://stock-news.laohu8.com/highlight/detail?id=2420112404","media":"businesstimes","top":-1,"share":"https://ttm.financial/m/news/2420112404?lang=en_us&edition=fundamental","pubTime":"2024-03-17 08:00","pubTimestamp":1710633605,"startTime":"0","endTime":"0","summary":"INSTITUTIONS were net sellers of Singapore stocks over the five trading sessions through to Mar 14, with S$156 million of net institutional outflow, as 24 primary-listed companies conducted buybacks with a total consideration of S$35.3 million, up from the S$24.4 million in buyback consideration for the preceding five sessions.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"bustime_highlight","url":"https://www.businesstimes.com.sg/companies-markets/raffles-medical-executive-chair-continues-acquisitions-cdl-leads-buyback-consideration","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.businesstimes.com.sg/companies-markets/raffles-medical-executive-chair-continues-acquisitions-cdl-leads-buyback-consideration","is_publish_highlight":false,"gpt_icon":0},{"id":"2419510562","title":"As Raffles Medical Group (SGX:BSL) increases 5.0% this past week, investors may now be noticing the company's one-year earnings growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2419510562","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2419510562?lang=en_us&edition=fundamental","pubTime":"2024-03-13 07:44","pubTimestamp":1710287058,"startTime":"0","endTime":"0","summary":"The simplest way to benefit from a rising market is to buy an index fund. When you buy individual stocks, you can make...","market":"sg","thumbnail":"https://images.simplywall.st/asset/industry/6033000-choice2-main-header/1585186569462","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/6033000-choice2-main-header/1585186569462"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://simplywall.st/stocks/sg/healthcare/sgx-bsl/raffles-medical-group-shares/news/as-raffles-medical-group-sgxbsl-increases-50-this-past-week","is_publish_highlight":false,"gpt_icon":0},{"id":"2416147319","title":"Smart Reads of the Week: OCBC, CapitaLand Investment Limited and City Developments Limited","url":"https://stock-news.laohu8.com/highlight/detail?id=2416147319","media":"The Smart Investor","top":-1,"share":"https://ttm.financial/m/news/2416147319?lang=en_us&edition=fundamental","pubTime":"2024-03-03 09:00","pubTimestamp":1709427600,"startTime":"0","endTime":"0","summary":"We continue to review the earnings of a wide slate of companies this week.","market":"us","thumbnail":"https://thesmartinvestor.com.sg/wp-content/uploads/2022/01/Smart-Reads-Pic-5-300x200.png","type":0,"news_type":0,"thumbnails":["https://thesmartinvestor.com.sg/wp-content/uploads/2022/01/Smart-Reads-Pic-5-300x200.png"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://thesmartinvestor.com.sg/smart-reads-of-the-week-ocbc-capitaland-investment-limited-and-city-developments-limited/","is_publish_highlight":false,"gpt_icon":0},{"id":"2416868355","title":"Executive Chairman & CEO of Raffles Medical Group Picks Up 1.7% More Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2416868355","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2416868355?lang=en_us&edition=fundamental","pubTime":"2024-03-01 06:18","pubTimestamp":1709245130,"startTime":"0","endTime":"0","summary":"Those following along with Raffles Medical Group Ltd  will no doubt be intrigued by the recent purchase of shares by Choon Yong Loo, Executive Chairman & CEO of the company, who spent a stonking S$3.6m on stock at an average price of S$1.03. While that only increased their holding size by 1.7%, it is still a big swing by our standards.The Last 12 Months Of Insider Transactions At Raffles Medical Group. You can see the insider transactions  over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!For the purposes of this article, insiders are thos","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/6BRhFnc.pgAxsBLr6Um7fw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4a502612fd94fa7765656091ba791336","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/6BRhFnc.pgAxsBLr6Um7fw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4a502612fd94fa7765656091ba791336"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/executive-chairman-ceo-raffles-medical-221850787.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/executive-chairman-ceo-raffles-medical-221850787.html","is_publish_highlight":false,"gpt_icon":0},{"id":"2414397571","title":"Raffles Medical Group's Near-Term Earnings Prospects Seem Lackluster -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2414397571","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2414397571?lang=en_us&edition=fundamental","pubTime":"2024-02-28 15:22","pubTimestamp":1709104920,"startTime":"0","endTime":"0","summary":"0722 GMT - Raffles Medical Group's near-term earnings prospects seem lackluster after posting worse-than-expected 2023 results, Phillip Securities Research analyst Paul Chew says in a commentary. The Singapore-listed medical services provider's earnings margins are unlikely to recover in the near term, given price pressures from traditional care facilities will linger owing to aggressive competition, the analyst says. Also, Raffles Medical faces weakness in foreign patient volumes owing to strong SGD, cheaper alternatives, and improved healthcare services in Asia, the analyst adds. The brokerage lowers the stock's target price to S$0.96 from S$1.02 and maintains a neutral rating. Shares are 1.0% higher at S$1.03. ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2414821345","title":"Raffles Medical Group’s 2023 Net Profit Tumbles 37% Year on Year: 5 Highlights from the Integrated Healthcare Player’s Latest Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2414821345","media":"The Smart Investor","top":-1,"share":"https://ttm.financial/m/news/2414821345?lang=en_us&edition=fundamental","pubTime":"2024-02-27 18:00","pubTimestamp":1709028000,"startTime":"0","endTime":"0","summary":"The integrated healthcare player sees better days ahead with its latest Vietnam hospital acquisition.","market":"sg","thumbnail":"https://thesmartinvestor.com.sg/wp-content/uploads/2023/09/Raffles-Hospital-300x200.png","type":0,"news_type":0,"thumbnails":["https://thesmartinvestor.com.sg/wp-content/uploads/2023/09/Raffles-Hospital-300x200.png"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://thesmartinvestor.com.sg/raffles-medical-groups-2023-net-profit-tumbles-37-year-on-year-5-highlights-from-the-integrated-healthcare-players-latest-earnings/","is_publish_highlight":false,"gpt_icon":0},{"id":"2414023810","title":"Raffles Medical's Earnings Growth Prospects Face Headwinds -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2414023810","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2414023810?lang=en_us&edition=fundamental","pubTime":"2024-02-27 14:17","pubTimestamp":1709014620,"startTime":"0","endTime":"0","summary":"0617 GMT - Raffles Medical Group's earnings growth prospects still face risks following its weak 2H results, RHB Research analyst Shekhar Jaiswal says in a research note as RHB lowers the stock's target price to S$1.06 from S$1.15 with an unchanged neutral rating. These risks consist of higher-than-estimated operating costs, likely weak foreign patient load, and continuing losses from the Singapore-listed medical provider's insurance business, the analyst says. Wage pressures on Raffles Medical are expected to continue as it plans to hire more staff to grow its operations, the analyst adds. RHB lowers its 2024-2025 earnings estimates for Raffles Medical by 7%-8%. Shares are 1.0% higher at S$1.02. ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2414042459","title":"Raffles Medical Group sees 63.8% fall in second-half profit","url":"https://stock-news.laohu8.com/highlight/detail?id=2414042459","media":"The Straits Times","top":-1,"share":"https://ttm.financial/m/news/2414042459?lang=en_us&edition=fundamental","pubTime":"2024-02-26 09:51","pubTimestamp":1708912260,"startTime":"0","endTime":"0","summary":"SINGAPORE - Integrated private healthcare provider Raffles Medical Group saw its net profit drop 63.8 per cent to $30.3 million in the six months ended Dec 31, from $83.7 million in the year-ago period.This was on the back of Covid-19-related activities being discontinued in the 2023 financial year, the group said on Feb 26.The company is cautiously optimistic in its 2024 outlook, said executive chairman Loo Choon Yong.“Despite geopolitical and economic headwinds, we see a growing demand for quality healthcare services in Singapore and the region,” he said.The group said it will continue to embark on transformative growth strategies and build on its existing strengths through its network of hospitals and clinics across 14 cities in Asia.Revenue declined 18.6 per cent to $336.2 million in second half of 2023. Full-year revenue dropped by 14.1 per cent to $706.9 million.Raffles Medical said it expects to welcome more specialists, family physicians, nurses, and allied health professionals","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"straits_highlight","url":"https://www.straitstimes.com/business/companies-markets/raffles-medical-group-sees-638-fall-in-second-half-profit","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.straitstimes.com/business/companies-markets/raffles-medical-group-sees-638-fall-in-second-half-profit","is_publish_highlight":false,"gpt_icon":0},{"id":"2414104117","title":"Raffles Medical Group Says FY PATMI S$90.2 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2414104117","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2414104117?lang=en_us&edition=fundamental","pubTime":"2024-02-26 09:29","pubTimestamp":1708910941,"startTime":"0","endTime":"0","summary":"Raffles Medical Group Ltd :Fy Patmi S$90.2 Million Versus S$143.2 Million.Proposed Final Ordinary Dividend Of 2.4 Sg Cents Per Share.Fy Revenue S$706.9 Million Versus S$822.9 Million.Cautiously Optimistic In Our 2024 Outlook.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.trkd.thomsonreuters.com","is_publish_highlight":false,"gpt_icon":0},{"id":"1159770814","title":"Singapore Stocks to Watch: Great Eastern, Seatrium, SingLand, Raffles Medical, Hong Leong Finance","url":"https://stock-news.laohu8.com/highlight/detail?id=1159770814","media":"TigerNews SG","top":-1,"share":"https://ttm.financial/m/news/1159770814?lang=en_us&edition=fundamental","pubTime":"2024-02-26 08:58","pubTimestamp":1708909104,"startTime":"0","endTime":"0","summary":"The following companies saw new developments that may affect trading of their securities on Monday (Feb 26):Great Eastern: The insurance arm of OCBC reported on Monday a 13 per cent fall in H2 profit ","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"gpt_icon":1}],"profile":{"websiteUrl":"https://www.rafflesmedicalgroup.com/","stockEarnings":[{"period":"1week","weight":-0.0196},{"period":"1month","weight":-0.0385},{"period":"3month","weight":-0.0099},{"period":"6month","weight":-0.1667},{"period":"1year","weight":-0.301},{"period":"ytd","weight":-0.0741}],"compareEarnings":[{"period":"1week","weight":0.0106},{"period":"1month","weight":0.03},{"period":"3month","weight":0.0556},{"period":"6month","weight":0.0808},{"period":"1year","weight":0.0526},{"period":"ytd","weight":0.0285}],"compareStock":{"symbol":"ES3.SI","name":"STI ETF"},"description":"Raffles Medical Group Ltd is a Singapore-based integrated private healthcare provider. The principal activities of the Company are those relating to the operation of medical clinics, other general medical services, and investment holdings. The Company’s segments include Healthcare Services, Hospital Services, and Investment Holdings. The Healthcare Services segment is engaged in the operations of medical clinics and other general medical services; provision of health insurance, trading in pharmaceutical and nutraceutical products and diagnostic equipment, and provision of management and consultancy services. The Hospital Services segment is engaged in the provision of specialized medical services and operation of hospital and business of medical laboratory and imaging center. The Investment Holdings segment is engaged in investment holding and those relating to investment properties. It operates medical facilities in about 14 cities in Singapore, China, Japan, Vietnam, and Cambodia.","yearOnYearQuotes":[{"month":1,"riseRate":0.444444,"avgChangeRate":-0.002118},{"month":2,"riseRate":0.518519,"avgChangeRate":0.025962},{"month":3,"riseRate":0.518519,"avgChangeRate":0.012621},{"month":4,"riseRate":0.592593,"avgChangeRate":0.032264},{"month":5,"riseRate":0.555556,"avgChangeRate":0.000061},{"month":6,"riseRate":0.518519,"avgChangeRate":0.034024},{"month":7,"riseRate":0.592593,"avgChangeRate":0.045153},{"month":8,"riseRate":0.333333,"avgChangeRate":-0.037047},{"month":9,"riseRate":0.555556,"avgChangeRate":0.00419},{"month":10,"riseRate":0.444444,"avgChangeRate":-0.003713},{"month":11,"riseRate":0.444444,"avgChangeRate":0.005167},{"month":12,"riseRate":0.555556,"avgChangeRate":0.007214}],"exchange":"SGX","name":"Raffles Medical","nameEN":"Raffles Medical"},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"pagemeta":{"title":"Raffles Medical(BSL.SI),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","description":"Find the latest Raffles Medical(BSL.SI) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","keywords":"Raffles Medical,BSL.SI,Raffles Medical股票,Raffles Medical股票老虎,Raffles Medical股票老虎国际,Raffles Medical行情,Raffles Medical股票行情,Raffles Medical股价,Raffles Medical股市,Raffles Medical股票价格,Raffles Medical股票交易,Raffles Medical股票购买,Raffles Medical股票实时行情,购买美股,购买港股,港股开户,美股开户,美股交易,港股交易,开通美港股账户,老虎国际行情","social":{"og_title":"Raffles Medical(BSL.SI),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","og_description":"Find the latest Raffles Medical(BSL.SI) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","og_image":"https://community-static.tradeup.com/news/9b6dafd60190235ae8e2c95f52c583a0"}}}

Introduction