bernardtayet
2023-07-31
Replying to @koolgal:202079254417632//@koolgal:

🌟🌟🌟$RAFFLES MEDICAL GROUP LTD(BSL.SI)$  is my defensive tactical play as Healthcare is an essential service that is less impervious to economic cycles.

Raffles Medical Group is one of the largest integrated private healthcare providers in Asia with medical facilities in 14 cities in Singapore, China, Japan, Vietnam and Cambodia.  In Singapore, RMG operates a full integrated healthcare group consisting of a tertiary hospital, a network of family medicine and dental services, insurance services, Japanese and Traditional Chinese Medicine clinics and a consumer healthcare division. 

RMG should benefit from the reopening of the international borders with increase in patients from overseas seeking medical care.   

I am bullish on RMG and believe that it still has exponential growth ahead.   In the meantime, I am enjoying a nice dividend of 2.90% while waiting for capital growth. 

@Tiger_SG  

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Comments

  • MerLina
    2023-08-02
    MerLina
    Not an easy play. Up down swing very huge, volatile stock
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