Raffles Medical Group

[Debronic]

Nibbled some as i feel its oversold with fundamentals intact. Long term, this stock should do okay. Extension of Raffles Hospital, expansion into China, etc.

Got this report from my broker and quite a good read and probably the reason for the sell down.

Vested recently.

Take the calls with a pinch of salt. If you scroll to page 8, you can see what the same analyst was recommending over the last 15 months or so. It was still a "buy" when prices were at 1.50+, downgraded to a "hold" when prices went down to 1.40-ish and now a "sell" when prices are < 1.10. Interesting trend, isn't it? It would be hard to imagine the fundamentals of an established healthcare group like RMG changing so much over the same period.