Analysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up

The Straits Times2021-06-11

SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...

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Comments

tkj
2021-11-27
tkj
I am a bit confused here. UOB raise target price of RMG to 1.27 and recommended a buy. But current RMG price is 1.39. The price is already above the target price. How could UOB still recommend a buy? The current price may represent an over valuation. So should buy or not to buy now? 🤔
- iamateh:
  go
OO_898
2021-11-02
OO_898
Look forward [Strong]
Jtws
2021-06-12
Jtws
Gogogo
Liberia
2021-06-11
Liberia
Nice
TraderGw
2021-06-11
TraderGw
Afternoon yall
- Jtws:
  Gogogo
- Wen Xiong:
  Hey
- jw321:
  hello
shafeeq1993
2021-06-11
shafeeq1993
Good info

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnalysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 12:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BSL.SI","symbol_name":"莱佛士医疗","start_time":0,"source_url":"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19","article_id":"2142799002","we_media_id":null,"thumbnails":[],"rights":{"source":"straits_highlight","url":"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2142799002","pubTimestamp":1623386292,"columns":[],"sourceInfo":{"source_id":"straits_highlight","name":"Straits Times"},"weMediaInfo":null,"summary":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for ","collect":0,"end_time":0,"defaultTopTitle":"straitstimes.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BSL.SI":"莱佛士医疗"},"translate_title":"随着Covid-19检测和疫苗接种的增加，分析师上调了医疗保健公司的收益预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BSL.SI":0.9},"content_text":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to capture opportunities presented by Covid-19.\nIn a report on Friday (June 11), UOB Kay Hian reiterated its \"buy\" call on the shares of Raffles Medical Group with a higher target price of $1.27 compared to $1.12 previously to factor in 8 to 10 per cent higher earnings forecasts for financial year (FY) 2021 to FY2023.\nIn the view of UOB Kay Hian's analysts, the firm is set to benefit from increasing Covid-19 testing in Singapore and an accelerated rate of vaccinations administered over the next few months.\n\"We opine that the sustained need for testing as well as continual screening for travellers will enable Raffles Medical to be a proxy for continued healthcare services as the Covid-19 situation evolves into an endemic,\" said the analysts.\nThey are expecting such Covid-19 related contributions to also help to offset a loss of government grant support in 2021.\nThe brokerage is also positive on Raffles Medical's recently announced partnership with a subsidiary of China Life Insurance (Group), which will allow collaborations and initiatives across a variety of areas for Raffles Medical's operations in China.\n\"A potential collaboration in healthcare financing could enable Raffles Hospital in China to be on the medical panel of China Life's medical insurance network, which we opine could aid billing intensity for more expensive medical treatments,\" noted its analysts.\nOn the other hand, KGI Securities has raised its price target for Q&M Dental Group to $0.91 from $0.54, while maintaining \"outperform\" on the dental service company.\nNoting a “surprisingly strong” maiden contribution from Q&M’s 51 per cent subsidiary, Acumen Diagnostics, for the first quarter of FY2021, KGIO Securities analyst Joel Ng said he is confident on the medium-term outlook of the unit. Acumen Diagnostics is mainly involved in the manufacture, sale and distribution of diagnostic test kits for Covid-19.\n\"Q&M continues to generate stable and resilient earnings, and we foresee no material changes in or threats to its market share in the private dental space in the medium term,\" said Mr Ng.\n\"Overall, Singapore continues to be the main revenue driver as a significant proportion of Q&M's sales are generated by the local segment. With Q&M's plans on expanding its network, we expect resilience in future years via gaining greater market share,\" he added.\nShares Raffles Medical was trading $0.01 or 0.9 per cent higher at $1.15 as at 11.12am on Friday, while Q&M was up by one cent or 1.5 per cent at 68.5 cents.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":877461257,"gmtCreate":1637973622133,"gmtModify":1676532026740,"author":{"id":"3582020830270271","authorId":"3582020830270271","name":"tkj","avatar":"https://static.tigerbbs.com/b4db3635974ce189ed8129eca6b5b618","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582020830270271","authorIdStr":"3582020830270271"},"htmlText":"I am a bit confused here. UOB raise target price of RMG to 1.27 and recommended a buy. But current RMG price is 1.39. The price is already above the target price. How could UOB still recommend a buy? The current price may represent an over valuation. So should buy or not to buy now? 🤔&nbsp;","listText":"I am a bit confused here. UOB raise target price of RMG to 1.27 and recommended a buy. But current RMG price is 1.39. The price is already above the target price. How could UOB still recommend a buy? The current price may represent an over valuation. So should buy or not to buy now? 🤔&nbsp;","text":"I am a bit confused here. UOB raise target price of RMG to 1.27 and recommended a buy. But current RMG price is 1.39. The price is already above the target price. How could UOB still recommend a buy? The current price may represent an over valuation. So should buy or not to buy now? 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/877461257","repostId":2142799002,"repostType":2,"repost":{"id":"2142799002","kind":"news","pubTimestamp":1623386292,"share":"https://ttm.financial/m/news/2142799002?lang=&edition=fundamental","pubTime":"2021-06-11 12:38","market":"sg","language":"en","title":"Analysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up","url":"https://stock-news.laohu8.com/highlight/detail?id=2142799002","media":"The Straits Times","summary":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for ","content":"<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnalysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 12:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BSL.SI":"莱佛士医疗"},"source_url":"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142799002","content_text":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to capture opportunities presented by Covid-19.\nIn a report on Friday (June 11), UOB Kay Hian reiterated its \"buy\" call on the shares of Raffles Medical Group with a higher target price of $1.27 compared to $1.12 previously to factor in 8 to 10 per cent higher earnings forecasts for financial year (FY) 2021 to FY2023.\nIn the view of UOB Kay Hian's analysts, the firm is set to benefit from increasing Covid-19 testing in Singapore and an accelerated rate of vaccinations administered over the next few months.\n\"We opine that the sustained need for testing as well as continual screening for travellers will enable Raffles Medical to be a proxy for continued healthcare services as the Covid-19 situation evolves into an endemic,\" said the analysts.\nThey are expecting such Covid-19 related contributions to also help to offset a loss of government grant support in 2021.\nThe brokerage is also positive on Raffles Medical's recently announced partnership with a subsidiary of China Life Insurance (Group), which will allow collaborations and initiatives across a variety of areas for Raffles Medical's operations in China.\n\"A potential collaboration in healthcare financing could enable Raffles Hospital in China to be on the medical panel of China Life's medical insurance network, which we opine could aid billing intensity for more expensive medical treatments,\" noted its analysts.\nOn the other hand, KGI Securities has raised its price target for Q&M Dental Group to $0.91 from $0.54, while maintaining \"outperform\" on the dental service company.\nNoting a “surprisingly strong” maiden contribution from Q&M’s 51 per cent subsidiary, Acumen Diagnostics, for the first quarter of FY2021, KGIO Securities analyst Joel Ng said he is confident on the medium-term outlook of the unit. Acumen Diagnostics is mainly involved in the manufacture, sale and distribution of diagnostic test kits for Covid-19.\n\"Q&M continues to generate stable and resilient earnings, and we foresee no material changes in or threats to its market share in the private dental space in the medium term,\" said Mr Ng.\n\"Overall, Singapore continues to be the main revenue driver as a significant proportion of Q&M's sales are generated by the local segment. With Q&M's plans on expanding its network, we expect resilience in future years via gaining greater market share,\" he added.\nShares Raffles Medical was trading $0.01 or 0.9 per cent higher at $1.15 as at 11.12am on Friday, while Q&M was up by one cent or 1.5 per cent at 68.5 cents.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6760175,"gmtCreate":1638137940275,"gmtModify":1663237712143,"authorId":3554804006357295,"author":{"id":3554804006357295,"idStr":"3554804006357295","authorId":3554804006357295,"name":"iamateh","avatar":"https://static.tigerbbs.com/cfa6492594e288f70d24f72146aeec45","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877461257,"type":1,"supId":0,"prevId":0,"content":"go","text":"go","html":"go"}],"langContent":"CN"},{"id":843743833,"gmtCreate":1635860755364,"gmtModify":1676531557533,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3582969710070724","authorIdStr":"3582969710070724"},"htmlText":"Look forward [Strong]&nbsp;","listText":"Look forward [Strong]&nbsp;","text":"Look forward [Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/843743833","repostId":2142799002,"repostType":2,"repost":{"id":"2142799002","kind":"news","pubTimestamp":1623386292,"share":"https://ttm.financial/m/news/2142799002?lang=&edition=fundamental","pubTime":"2021-06-11 12:38","market":"sg","language":"en","title":"Analysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up","url":"https://stock-news.laohu8.com/highlight/detail?id=2142799002","media":"The Straits Times","summary":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for ","content":"<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Analysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnalysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 12:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BSL.SI":"莱佛士医疗"},"source_url":"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142799002","content_text":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to capture opportunities presented by Covid-19.\nIn a report on Friday (June 11), UOB Kay Hian reiterated its \"buy\" call on the shares of Raffles Medical Group with a higher target price of $1.27 compared to $1.12 previously to factor in 8 to 10 per cent higher earnings forecasts for financial year (FY) 2021 to FY2023.\nIn the view of UOB Kay Hian's analysts, the firm is set to benefit from increasing Covid-19 testing in Singapore and an accelerated rate of vaccinations administered over the next few months.\n\"We opine that the sustained need for testing as well as continual screening for travellers will enable Raffles Medical to be a proxy for continued healthcare services as the Covid-19 situation evolves into an endemic,\" said the analysts.\nThey are expecting such Covid-19 related contributions to also help to offset a loss of government grant support in 2021.\nThe brokerage is also positive on Raffles Medical's recently announced partnership with a subsidiary of China Life Insurance (Group), which will allow collaborations and initiatives across a variety of areas for Raffles Medical's operations in China.\n\"A potential collaboration in healthcare financing could enable Raffles Hospital in China to be on the medical panel of China Life's medical insurance network, which we opine could aid billing intensity for more expensive medical treatments,\" noted its analysts.\nOn the other hand, KGI Securities has raised its price target for Q&M Dental Group to $0.91 from $0.54, while maintaining \"outperform\" on the dental service company.\nNoting a “surprisingly strong” maiden contribution from Q&M’s 51 per cent subsidiary, Acumen Diagnostics, for the first quarter of FY2021, KGIO Securities analyst Joel Ng said he is confident on the medium-term outlook of the unit. Acumen Diagnostics is mainly involved in the manufacture, sale and distribution of diagnostic test kits for Covid-19.\n\"Q&M continues to generate stable and resilient earnings, and we foresee no material changes in or threats to its market share in the private dental space in the medium term,\" said Mr Ng.\n\"Overall, Singapore continues to be the main revenue driver as a significant proportion of Q&M's sales are generated by the local segment. With Q&M's plans on expanding its network, we expect resilience in future years via gaining greater market share,\" he added.\nShares Raffles Medical was trading $0.01 or 0.9 per cent higher at $1.15 as at 11.12am on Friday, while Q&M was up by one cent or 1.5 per cent at 68.5 cents.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":186087804,"gmtCreate":1623465449208,"gmtModify":1704204386824,"author":{"id":"3581498634889397","authorId":"3581498634889397","name":"Jtws","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581498634889397","authorIdStr":"3581498634889397"},"htmlText":"Gogogo","listText":"Gogogo","text":"Gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/186087804","repostId":2142799002,"repostType":4,"repost":{"id":"2142799002","kind":"news","pubTimestamp":1623386292,"share":"https://ttm.financial/m/news/2142799002?lang=&edition=fundamental","pubTime":"2021-06-11 12:38","market":"sg","language":"en","title":"Analysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up","url":"https://stock-news.laohu8.com/highlight/detail?id=2142799002","media":"The Straits Times","summary":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for ","content":"<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Analysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnalysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 12:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BSL.SI":"莱佛士医疗"},"source_url":"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142799002","content_text":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to capture opportunities presented by Covid-19.\nIn a report on Friday (June 11), UOB Kay Hian reiterated its \"buy\" call on the shares of Raffles Medical Group with a higher target price of $1.27 compared to $1.12 previously to factor in 8 to 10 per cent higher earnings forecasts for financial year (FY) 2021 to FY2023.\nIn the view of UOB Kay Hian's analysts, the firm is set to benefit from increasing Covid-19 testing in Singapore and an accelerated rate of vaccinations administered over the next few months.\n\"We opine that the sustained need for testing as well as continual screening for travellers will enable Raffles Medical to be a proxy for continued healthcare services as the Covid-19 situation evolves into an endemic,\" said the analysts.\nThey are expecting such Covid-19 related contributions to also help to offset a loss of government grant support in 2021.\nThe brokerage is also positive on Raffles Medical's recently announced partnership with a subsidiary of China Life Insurance (Group), which will allow collaborations and initiatives across a variety of areas for Raffles Medical's operations in China.\n\"A potential collaboration in healthcare financing could enable Raffles Hospital in China to be on the medical panel of China Life's medical insurance network, which we opine could aid billing intensity for more expensive medical treatments,\" noted its analysts.\nOn the other hand, KGI Securities has raised its price target for Q&M Dental Group to $0.91 from $0.54, while maintaining \"outperform\" on the dental service company.\nNoting a “surprisingly strong” maiden contribution from Q&M’s 51 per cent subsidiary, Acumen Diagnostics, for the first quarter of FY2021, KGIO Securities analyst Joel Ng said he is confident on the medium-term outlook of the unit. Acumen Diagnostics is mainly involved in the manufacture, sale and distribution of diagnostic test kits for Covid-19.\n\"Q&M continues to generate stable and resilient earnings, and we foresee no material changes in or threats to its market share in the private dental space in the medium term,\" said Mr Ng.\n\"Overall, Singapore continues to be the main revenue driver as a significant proportion of Q&M's sales are generated by the local segment. With Q&M's plans on expanding its network, we expect resilience in future years via gaining greater market share,\" he added.\nShares Raffles Medical was trading $0.01 or 0.9 per cent higher at $1.15 as at 11.12am on Friday, while Q&M was up by one cent or 1.5 per cent at 68.5 cents.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":181276526,"gmtCreate":1623399379765,"gmtModify":1704202547766,"author":{"id":"3585203239584409","authorId":"3585203239584409","name":"Liberia","avatar":"https://community-static.tradeup.com/news/be04068a4a2ed77bd052a4877ac82a90","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3585203239584409","authorIdStr":"3585203239584409"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181276526","repostId":2142799002,"repostType":4,"repost":{"id":"2142799002","kind":"news","pubTimestamp":1623386292,"share":"https://ttm.financial/m/news/2142799002?lang=&edition=fundamental","pubTime":"2021-06-11 12:38","market":"sg","language":"en","title":"Analysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up","url":"https://stock-news.laohu8.com/highlight/detail?id=2142799002","media":"The Straits Times","summary":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for ","content":"<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Analysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnalysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 12:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BSL.SI":"莱佛士医疗"},"source_url":"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142799002","content_text":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to capture opportunities presented by Covid-19.\nIn a report on Friday (June 11), UOB Kay Hian reiterated its \"buy\" call on the shares of Raffles Medical Group with a higher target price of $1.27 compared to $1.12 previously to factor in 8 to 10 per cent higher earnings forecasts for financial year (FY) 2021 to FY2023.\nIn the view of UOB Kay Hian's analysts, the firm is set to benefit from increasing Covid-19 testing in Singapore and an accelerated rate of vaccinations administered over the next few months.\n\"We opine that the sustained need for testing as well as continual screening for travellers will enable Raffles Medical to be a proxy for continued healthcare services as the Covid-19 situation evolves into an endemic,\" said the analysts.\nThey are expecting such Covid-19 related contributions to also help to offset a loss of government grant support in 2021.\nThe brokerage is also positive on Raffles Medical's recently announced partnership with a subsidiary of China Life Insurance (Group), which will allow collaborations and initiatives across a variety of areas for Raffles Medical's operations in China.\n\"A potential collaboration in healthcare financing could enable Raffles Hospital in China to be on the medical panel of China Life's medical insurance network, which we opine could aid billing intensity for more expensive medical treatments,\" noted its analysts.\nOn the other hand, KGI Securities has raised its price target for Q&M Dental Group to $0.91 from $0.54, while maintaining \"outperform\" on the dental service company.\nNoting a “surprisingly strong” maiden contribution from Q&M’s 51 per cent subsidiary, Acumen Diagnostics, for the first quarter of FY2021, KGIO Securities analyst Joel Ng said he is confident on the medium-term outlook of the unit. Acumen Diagnostics is mainly involved in the manufacture, sale and distribution of diagnostic test kits for Covid-19.\n\"Q&M continues to generate stable and resilient earnings, and we foresee no material changes in or threats to its market share in the private dental space in the medium term,\" said Mr Ng.\n\"Overall, Singapore continues to be the main revenue driver as a significant proportion of Q&M's sales are generated by the local segment. With Q&M's plans on expanding its network, we expect resilience in future years via gaining greater market share,\" he added.\nShares Raffles Medical was trading $0.01 or 0.9 per cent higher at $1.15 as at 11.12am on Friday, while Q&M was up by one cent or 1.5 per cent at 68.5 cents.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":181293489,"gmtCreate":1623394798941,"gmtModify":1704202431284,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3572398673005116","authorIdStr":"3572398673005116"},"htmlText":"Afternoon yall","listText":"Afternoon yall","text":"Afternoon yall","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/181293489","repostId":2142799002,"repostType":4,"repost":{"id":"2142799002","kind":"news","pubTimestamp":1623386292,"share":"https://ttm.financial/m/news/2142799002?lang=&edition=fundamental","pubTime":"2021-06-11 12:38","market":"sg","language":"en","title":"Analysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up","url":"https://stock-news.laohu8.com/highlight/detail?id=2142799002","media":"The Straits Times","summary":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for ","content":"<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Analysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnalysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 12:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BSL.SI":"莱佛士医疗"},"source_url":"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142799002","content_text":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to capture opportunities presented by Covid-19.\nIn a report on Friday (June 11), UOB Kay Hian reiterated its \"buy\" call on the shares of Raffles Medical Group with a higher target price of $1.27 compared to $1.12 previously to factor in 8 to 10 per cent higher earnings forecasts for financial year (FY) 2021 to FY2023.\nIn the view of UOB Kay Hian's analysts, the firm is set to benefit from increasing Covid-19 testing in Singapore and an accelerated rate of vaccinations administered over the next few months.\n\"We opine that the sustained need for testing as well as continual screening for travellers will enable Raffles Medical to be a proxy for continued healthcare services as the Covid-19 situation evolves into an endemic,\" said the analysts.\nThey are expecting such Covid-19 related contributions to also help to offset a loss of government grant support in 2021.\nThe brokerage is also positive on Raffles Medical's recently announced partnership with a subsidiary of China Life Insurance (Group), which will allow collaborations and initiatives across a variety of areas for Raffles Medical's operations in China.\n\"A potential collaboration in healthcare financing could enable Raffles Hospital in China to be on the medical panel of China Life's medical insurance network, which we opine could aid billing intensity for more expensive medical treatments,\" noted its analysts.\nOn the other hand, KGI Securities has raised its price target for Q&M Dental Group to $0.91 from $0.54, while maintaining \"outperform\" on the dental service company.\nNoting a “surprisingly strong” maiden contribution from Q&M’s 51 per cent subsidiary, Acumen Diagnostics, for the first quarter of FY2021, KGIO Securities analyst Joel Ng said he is confident on the medium-term outlook of the unit. Acumen Diagnostics is mainly involved in the manufacture, sale and distribution of diagnostic test kits for Covid-19.\n\"Q&M continues to generate stable and resilient earnings, and we foresee no material changes in or threats to its market share in the private dental space in the medium term,\" said Mr Ng.\n\"Overall, Singapore continues to be the main revenue driver as a significant proportion of Q&M's sales are generated by the local segment. With Q&M's plans on expanding its network, we expect resilience in future years via gaining greater market share,\" he added.\nShares Raffles Medical was trading $0.01 or 0.9 per cent higher at $1.15 as at 11.12am on Friday, while Q&M was up by one cent or 1.5 per cent at 68.5 cents.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4702939,"gmtCreate":1623465462336,"gmtModify":1663228542751,"authorId":3581498634889397,"author":{"id":3581498634889397,"idStr":"3581498634889397","authorId":3581498634889397,"name":"Jtws","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":181293489,"type":1,"supId":4682268,"prevId":0,"content":"Gogogo","text":"Gogogo","html":"Gogogo"},{"id":4682268,"gmtCreate":1623397901533,"gmtModify":1663228442729,"authorId":3576672813237525,"author":{"id":3576672813237525,"idStr":"3576672813237525","authorId":3576672813237525,"name":"Wen Xiong","avatar":"https://community-static.tradeup.com/news/ee25f89d0cb1509edd5cbcbb9ec46930","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":181293489,"type":1,"supId":0,"prevId":0,"content":"Hey","text":"Hey","html":"Hey"},{"id":4681664,"gmtCreate":1623395561467,"gmtModify":1635327985293,"authorId":3574053691106982,"author":{"id":3574053691106982,"idStr":"3574053691106982","authorId":3574053691106982,"name":"jw321","avatar":"https://static.tigerbbs.com/1263b51c7856e75fbd5cf4072078ca6e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":181293489,"type":1,"supId":0,"prevId":0,"content":"hello","text":"hello","html":"hello"}],"langContent":"EN"},{"id":181207903,"gmtCreate":1623394577502,"gmtModify":1704202426352,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3576042754222931","authorIdStr":"3576042754222931"},"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181207903","repostId":2142799002,"repostType":4,"repost":{"id":"2142799002","kind":"news","pubTimestamp":1623386292,"share":"https://ttm.financial/m/news/2142799002?lang=&edition=fundamental","pubTime":"2021-06-11 12:38","market":"sg","language":"en","title":"Analysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up","url":"https://stock-news.laohu8.com/highlight/detail?id=2142799002","media":"The Straits Times","summary":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for ","content":"<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Analysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnalysts raise earnings forecasts for healthcare firms as Covid-19 testing, vaccinations ramp up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 12:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BSL.SI":"莱佛士医疗"},"source_url":"http://www.straitstimes.com/business/companies-markets/analysts-raise-earnings-forecasts-for-healthcare-firms-as-covid-19","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142799002","content_text":"SINGAPORE (THE BUSINESS TIMES) - Two brokerages have raised their respective earnings forecasts for Raffles Medical Group and Q&M Dental Group as they consider these healthcare stocks well-poised to capture opportunities presented by Covid-19.\nIn a report on Friday (June 11), UOB Kay Hian reiterated its \"buy\" call on the shares of Raffles Medical Group with a higher target price of $1.27 compared to $1.12 previously to factor in 8 to 10 per cent higher earnings forecasts for financial year (FY) 2021 to FY2023.\nIn the view of UOB Kay Hian's analysts, the firm is set to benefit from increasing Covid-19 testing in Singapore and an accelerated rate of vaccinations administered over the next few months.\n\"We opine that the sustained need for testing as well as continual screening for travellers will enable Raffles Medical to be a proxy for continued healthcare services as the Covid-19 situation evolves into an endemic,\" said the analysts.\nThey are expecting such Covid-19 related contributions to also help to offset a loss of government grant support in 2021.\nThe brokerage is also positive on Raffles Medical's recently announced partnership with a subsidiary of China Life Insurance (Group), which will allow collaborations and initiatives across a variety of areas for Raffles Medical's operations in China.\n\"A potential collaboration in healthcare financing could enable Raffles Hospital in China to be on the medical panel of China Life's medical insurance network, which we opine could aid billing intensity for more expensive medical treatments,\" noted its analysts.\nOn the other hand, KGI Securities has raised its price target for Q&M Dental Group to $0.91 from $0.54, while maintaining \"outperform\" on the dental service company.\nNoting a “surprisingly strong” maiden contribution from Q&M’s 51 per cent subsidiary, Acumen Diagnostics, for the first quarter of FY2021, KGIO Securities analyst Joel Ng said he is confident on the medium-term outlook of the unit. Acumen Diagnostics is mainly involved in the manufacture, sale and distribution of diagnostic test kits for Covid-19.\n\"Q&M continues to generate stable and resilient earnings, and we foresee no material changes in or threats to its market share in the private dental space in the medium term,\" said Mr Ng.\n\"Overall, Singapore continues to be the main revenue driver as a significant proportion of Q&M's sales are generated by the local segment. With Q&M's plans on expanding its network, we expect resilience in future years via gaining greater market share,\" he added.\nShares Raffles Medical was trading $0.01 or 0.9 per cent higher at $1.15 as at 11.12am on Friday, while Q&M was up by one cent or 1.5 per cent at 68.5 cents.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":69,"commentSize":17,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"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":"4.29.4","shortVersion":"4.29.4","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},"href":"/m/news/2142799002"}