Raffles Medical Group - 2Q18 Results Preview: No Surprises Expected; Making Strategic Moves | I3investor

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Raffles Medical Group - 2Q18 Results Preview: No Surprises Expected; Making Strategic Moves

StockFanatic

Publish date: Tue, 24 Jul 2018, 01:24 PM

We do not expect any surprises in RMG's upcoming 2Q18 results announcement on 6 August. The recent move to launch Raffles Shield is a positive strategic move and the CQ hospital opening is progressing well. Separately, Raffles Health Insurance announced a partnership with NTUC Income to launch the IncomeShield Private Specialist Panel. There is no change to our 2018-20 estimates. Maintain BUY with a lower DCF-based target price of S$1.28 (previously S$1.32). Read More

Raffles Medical (BSL)

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