Friday, 1 May 2015

A Look into Healthcare Stocks - YSP, & CCM and HOVID 21 Feb vs 1st May 2015




Dear Fellow Readers / Friends,

On 21 Feb, my comments on Healthcare Stocks:

Faber, KPJ and IHH - P/E is too high, I will Keep in View
YSP & CCM - Good dividend & Good FA, I will Monitor/Consider
APEX, PETERLABS, Pharma - I will Keep in view (I may consider if quarterly earnings improved and with new catalysts) -Neutral 
Hovid - P/E is high but having catalysts - I May Monitor/Consider.

Fast forward, let's look at the result for 21 Feb VS 1st May 2015: 

YSP increased 0.17cents = 12% 
CCMBIO increased          = 35.7%
Hovid increased               = 13.6% 

The one DID NOT recommended but the prices did shoot up: 

Apex Healthcare, Peterlabs, PHARMA, Focus Point and Careplus 
All hospital stocks: Faber, KPJ and IHH 

From this exercise, we did MISS A LOT OF OPPORTUNITIES for ignoring other healthcare stocks. But looking at the call for YSP, CCMBIO and HOVID we are SATISFIED with the results. Fundamental approach is always meant for a more tightening stock selection basis. We are still maintaining our stocks selection method in a more stringent way. 
(To note, personally did not manage to buy Hovid - was monitoring for too long - the one that got away).




Disclaimer and Declaration
The full content of the article is for educational purposes only and should not be used as investment recommendations. We are not responsible for all investment activities conducted by the participants and cannot be held liable for any investment loss. Examples of specific shares may be citied for
illustration purposes.
Regards,
Humble Pie


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