ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

CMSH China Medical

52.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
China Medical LSE:CMSH London Ordinary Share KYG211081164 ORD USD0.005 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 52.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

China Medical Share Discussion Threads

Showing 201 to 225 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
03/12/2009
14:58
a very unexpected move up-caught me out as I was hoping for a fall back-looking at eps forecasts this is on a PE of 20 now,very toppy compared to other chinese stocks-I know its a medical business but the tight holdings must be exaggerating the share price movements?
nfs
03/12/2009
12:29
I am taking the cash as the shares are I think,a hostage to fortune,so little clout,its a big risk
nfs
03/12/2009
12:27
As Healthlink will be unquoted and may remain so for some time what is the statutory obligation by Healthlink board and execs to keep shareholders informed ? 2 times pa ..Int and Final ........I am tempted to go with Mikes333 and accept the Healthlink shs ........but we appear to be the only ones taking this option .
bench2
03/12/2009
10:22
ello ello - massive move up here...
dasv
29/11/2009
14:46
I would like to say that seeing as very nearly 90% of this company is owned by insiders, and successful though the main company is with marketing and a growing sales force with fantastic growth. I would definatley hold onto the Healthlink portion because I believe the real value lies in the research arm. I have top sliced recently and regret it. I may actually get some more.
It could well be that a takeover occurs sometime in the near future, however I doubt the founders would ever let the R&D section go, hence the split.
IMHO
Good Luck All

mikes333
23/11/2009
15:31
I originally liked the look of this because of the price at the time (obviously) and the huge potential of a Chinese company marketing 'western' medecines to the Chinese. That potential seems to me to be increased by the divestment, and I hope it is the way they will go. I agree with Bodiceas take on this as I think that this is why the share price rose after the announcement, rather than the value of any pay out. Watching for an entry point. If I hadn't taken profits, I would be staying in. (I love hindsite).
cestnous
20/11/2009
13:15
boadicea .. thanks for your note. Yes, it does sit nicely next to CHNS on the monitor & nice of you to notice - reading more than posting there at this stage?

I agree with you & azalea .. it is very difficult to see a good entry point here right now. At some stage it has to develop a more clearly definied re-trace pattern but with so little stock about it may have to be a combination of broader market events coupled with a pause here to see it. watch & wait for now but, well done again.

mattjos
19/11/2009
22:15
I have bought 3 times now on retraces this year and sold each time at a profit. I am now waiting for another retrace, although I think 300p is optimistic, That said, bring it on.
azalea
19/11/2009
21:24
Welcome to the CMSH thread, Mattjos. (It sits conveniently next to CHNS on my monitor page.)

I have distinctly split feelings about whether you get a good entry point! I assume you would like ~300p or better. If I thought that very likely I would sell out completely now (have only top-sliced to date) and wait to re-enter. However, although I don't like the thought of a drop on what I hold, I don't want to risk being out and not getting back in. (I hate chasing prices up.) CMSH does not have a notable retrace history - more notable in fact is the relative absence of retraces.

On balance, a decent pull-back would be an opportunity (so I'll be magnanimous and say I hope you get one), particularly if it coincides with a time to top-slice CHNS which may not be so far away. From a weighting point of view, it's RCG I should be trimming but it probably has the lowest p/e of the lot.
I'm rambling a bit so I'll stop there - It's the result of too may choices/decisions to make!

dasv - (Listing Healthlink??) I really don't know but I do think it would have been sensible to give an indication in the announcement. As it didn't, I have to act on the assumption that it won't. I don't think I would want to hold in any case. It's bad enough holding some OXB and a few FUL and CBF - but must admit to being quite happy with VEC.

boadicea
19/11/2009
18:13
been watching this for a while and make some on the first run earlier this year and then sold out and missed getting back in before the recent run but this move to divest themselves of Healthlink, which as posted by others here is likely to require cash and resources for an unquantifiable timeframe, seems a good one. Yes, pity you can't choose to have the CMSH shares rather than the cash but longer term i still conclude that CMSH is a good company growing well & this decision backs up my belief in the mgmnt there. Continuing to watch & wait for a better entry point at this stage.
well done to those that profited from this latest move though, i was quite taken aback by it's speed and intensity but its a tight stock i guess

mattjos
19/11/2009
16:51
boadicea - do you reckon healthlink will list on AIM or elsewhere?
dasv
19/11/2009
16:50
yeah - longsight you were just wading in there with an unjustified attack on those on this thread.

I think the only person not making a useful contribution round here is you.

can you think of any reason why I shouldn't filter you?

dasv
19/11/2009
16:28
drewdrops - I can not see I said anything offensive. I certainly have no criticisms of this Co [I haven't researched them] - more a comment on the absence of reaction on here.
longsight
19/11/2009
15:41
dasv - Agree, eps should not suffer, may improve, and cash flow should certainly improve as a result.
I don't think anyone will buy to get the divi, specie or otherwise, unless they expect it not to detract from the share price (company suggests it could.)
I cannot see pi's wanting to hold unquoted Healthlink paper.

boadicea
19/11/2009
14:45
boadicea - the market reaction to the RNS is very muted. Perhaps post-payment of the divestment dividend the share price will pull back.

Considering healthlink is not currently helping CMSH EPS one could postulate that EPS growth and profitability would in any case be unhindered in the remaining company.

Are there buyers keen to receive the divestment/dividend - much as certain companies attracted buyers keen to take part in rights issues?

dasv
19/11/2009
14:38
ps Longsight you seem to have a natural ability of coming on BBs and winding people up, i wish you all the best from the heart of my bottom.
drewdrops
19/11/2009
14:01
Given the propensity of medical R&D to eat mountains of cash for a very uncertain and usually long delayed return, the divestment seems a sensible enough move. It should reduce the risk of future cash calls except perhaps where directly and justifiably related to rapid top line growth or acquisitions.

The thought crosses my mind that offering an alternative in specie option of CMSH's own shares (on a 1 for ~28 basis) might have been popular and would have saved the parent company some cash but there may be technical impediments to that line of action.

Essentially unrelated to the above, some retrace of recent rapid gains could normally be expected and I am a little surprised that share price is holding up so well. I had hoped to add in the low 300's - and maybe the chance will yet recur. A period of consolidation before a sustainable assault on the 400 hurdle is healthy.
Failing a pull back, I would like to see the next results (or at least a compelling ims) before committing further to this share at current levels.

boadicea
19/11/2009
10:42
OK they are demerging healthlink - shareholders get either shares in healthlink or a dividend of $0.232 per share

. the proposed dividend to be paid out of the share premium account of the
Company, such payment to be satisfied either by way of the Dividend in Specie or
the Cash Alternative of US$0.232 per ordinary share.

--

The main reason is that the CMS board thinks that Healthlink should have focused more on manufacturing and distribution rather than R&D. Fair enough in my book.

Ramp up in share price could be due to those in the know wanting the dividend in specie/cash/healthlink shares.

Unsure as to whether to add at these levels in light of this knowledge - happy to run free shares though.

dasv
19/11/2009
10:36
" especially since the promoters of the share on here show such little commitment to appraising the business" !!! - you obviously have not worked out yet that there is a correlation between quiet threads and quality companies on advfn.

And an inverse correlation between pond-life posters and jam tomorrow AIM trash.

dasv
19/11/2009
10:35
The implication, since it is not mentioned, is that the Healthlink shares (dividend in Specie) offered will be unquoted and therefore of little interest to pi's.
At current exchange rate the cash alternative is worth a fraction under 14p.

boadicea
19/11/2009
09:51
Looks like CMS are streamlining the business to what they believe will benefit the company best.

Healthline were obviously costing the company alot of money in R&D, so CMS have decided to invest $10M to fund the cost of the products that Healthline have already developed for CMS, and then de-merge with Healthline.

CMS stated this will have no financial impact on the company.

CMS stated they want to concentrate on manufacturing, sales & marketing, distribution businesses.

My take on it is this: CMS obviously feel the company will be able to grow and become more profitable without Healthline. They are thinking longterm and concentrating on the strengths of the company

drewdrops
19/11/2009
09:25
I note the announcement today - & the total absence on here of any comment!! Suggests that punters are investing blind in this Co. The lack of info / market knowledge about this Co together with the tiny % free float make me wary about buying in. I do not suggest that this is not a great investment - I don't know & am cautious about researching it in view of the time involved, especially since the promoters of the share on here show such little commitment to appraising the business.

So, I'll continue to watch from the sidelines. In the meantime, surely some holders will give some response to the RNS???

Regards LS

longsight
18/11/2009
11:15
Despite my earlier post, I am out, the balance of 'buys' v' sells are to close for my liking.
azalea
18/11/2009
10:38
Nice move upwards with good volume, happy days
drewdrops
17/11/2009
17:36
If the share price does not move up by Friday, I will be taking a quick profit.
azalea
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older

Your Recent History

Delayed Upgrade Clock