China Med Share Discussion Threads

[cameo4] 04/6/2008 15:10

a good result for anybody that bought on the announcement a month ago.

[legitimateleeson] 04/5/2008 21:01

well worth a look if you want to make money while the market is shut in the UK, works for me

[akramms] 02/5/2008 15:48

SHOULD GO TO 60p

[papalpower] 02/5/2008 13:55

Near double your money, and the thread is as quiet as anything.

I take it nobody was holding this then..................

LOL :)

[arthurly] 27/3/2007 13:23

Why do they need an EGM to appoint auditors ? I thought if an auditor resigns, the directors then appoint a new auditor and auditor is ratified at the yearly AGM ?

[tonker3] 04/1/2007 21:55

These shares have made a bit of a recovery, looks like the market makers have been shaking out the shorters...

[tonker3] 02/1/2007 15:07

Thanks Arthurly, sorry have been not checked for a while, thanks for the info...

[arthurly] 07/12/2006 11:50

Actually , got the info - its all on their (very good) website.

Made about £1.62m after tax in y/e 31 Dec 2005. Turnover seems to weighted heavily to H2. But maybe only £2m after tax for y/e 31 12 2006. They had 9 centres open at 31/12/05 and should have 12 (or 13) at end of 2006. Hopefully the £4.5m they've raised from this issue should enable them to open centres at a far faster rate.

[arthurly] 07/12/2006 10:52

tonker - what is the year end and do you have a copy of the prospectus or details you could email me ?

Cheers


PS It would seem to be very cheap. Don't know what tax is but usually very low in far east in early years. If they aim to raise the number of centres to 40 from 13 now, could be a huge increase in profitability. If say, on average, 10 centres last year making £2m .. what would 40 centres make ?

[tonker3] 06/12/2006 11:15

some nice buys.... share price seems very sensitive

[haydels] 03/12/2006 16:50

So what causes a stock to quickly appreciate in value? Fundamentals? News? Management? Well yes, to a degree. But what REALLY moves a stock price northward that you just purchased?
Answer: A Huge volume of buyers having been directed to the emergence of that stock by a qualified service which has a reputation for doing so. THIS service does:

[tonker3] 03/12/2006 15:29

Medstar is a supplier of specialist radiotherapy equipment to medical centres in hospitals in China. The Group generates revenues from operating leases through profit sharing agreements with hospitals and/or the sale of medical equipment to such hospitals. Medstar currently operates thirteen centres in nine Chinese cities, Beijing, Shanghai, Guangzhou, Shenyang, Zhengzhou, Jin Zhou, Fuzhou, Nanjing and Dongguan. The Group targets first tier hospitals which are typically located in larger cities, as well as the leading second tier hospitals in the provinces. Chinese expenditure on healthcare has increased from 3.2% of GDP in 1957 to 5.7% in 2003.

[tonker3] 03/12/2006 15:28

Medstar is a supplier of specialist radiotherapy equipment to medical centres in hospitals in China. The Group generates revenues from operating leases through profit sharing agreements with hospitals and/or the sale of medical equipment to such hospitals. Medstar currently operates thirteen centres in nine Chinese cities, Beijing, Shanghai, Guangzhou, Shenyang, Zhengzhou, Jin Zhou, Fuzhou, Nanjing and Dongguan. The Group targets first tier hospitals which are typically located in larger cities, as well as the leading second tier hospitals in the provinces. Chinese expenditure on healthcare has increased from 3.2% of GDP in 1957 to 5.7% in 2003.

[tonker3] 03/12/2006 15:27

Medstar is a supplier of specialist radiotherapy equipment to medical centres in hospitals in China. The Group generates revenues from operating leases through profit sharing agreements with hospitals and/or the sale of medical equipment to such hospitals. Medstar currently operates thirteen centres in nine Chinese cities, Beijing, Shanghai, Guangzhou, Shenyang, Zhengzhou, Jin Zhou, Fuzhou, Nanjing and Dongguan. The Group targets first tier hospitals which are typically located in larger cities, as well as the leading second tier hospitals in the provinces. Chinese expenditure on healthcare has increased from 3.2% of GDP in 1957 to 5.7% in 2003.

[tonker3] 03/12/2006 14:44

Sorry, can anyone verify my calculations?

[tonker3] 03/12/2006 14:03

These shares have massive potential, there profits increased by a massive 75% last year, and with the proceeds from the ipo, there are plans to expand rapidly... I am amazed at the poor performance... will need some good news i think to get some more buyers in....
Do my calculations in post 2 check out? think a per of 10 in a company like this is massively to low... normally a growth company should have a much higher per of up to 30+ !! Comments?

[tonker3] 03/12/2006 13:34

Any comments?

[tonker3] 03/12/2006 13:33

Turnover 4.3million pounds
Profit 2.0million pounds
No of shares 27,564,138
Profit/no of shares (p) 7.26p
PER 10.26

[tonker3] 03/12/2006 13:33

China Medstar heads for Aim

A Chinese company that operates specialist cancer radiotherapy and medical imaging centres to hospitals is joining Aim next month.

Fears that China Medstar might fall victim to Chinese regulations on overseas listings have abated.

The company will use the expected £10m from the placing of its shares through Evolution Securities to expand the number of centres it runs, currently 12, at hospitals and clinics in China.

Medstar buys the equipment and enters into a profit-sharing agreement with the hospitals based on types of services provided and patient numbers treated. Pre-tax profits were £2m last year on revenue of £4.34m, up 75 per cent on the previous year.

[tonker3] 03/12/2006 13:32

Medstar is a supplier of specialist radiotherapy equipment to medical centres in hospitals in China. The Group generates revenues from operating leases through profit sharing agreements with hospitals and/or the sale of medical equipment to such hospitals. Medstar currently operates thirteen centres in nine Chinese cities, Beijing, Shanghai, Guangzhou, Shenyang, Zhengzhou, Jin Zhou, Fuzhou, Nanjing and Dongguan. The Group targets first tier hospitals which are typically located in larger cities, as well as the leading second tier hospitals in the provinces. Chinese expenditure on healthcare has increased from 3.2% of GDP in 1957 to 5.7% in 2003.