Singapore Stock Market News
IHH Healthcare - Destined to Reign
StockFanatic
Publish date: Mon, 03 Sep 2012, 09:46 AM
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We believe IHH's extensive footprint in a defensive sector is one of the
best business models around. It possesses steady-growth profile,
driven by unquenchable demands for better healthcare needs. This is a
direct play on the rising global healthcare costs.
IHH has an extensive footprint in
Asia and the CEEMENA region,
which we believe has an unparalleled
dominance in the private healthcare
space globally. In our opinion, this
underscore the sustained profitability
of the group, and status as the world
premier private healthcare play. We
initiate coverage with Outperform
and an SOP target price of S$1.53.
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