Maybe its just rollover..
16:57:57 hour. $0.040c. 35,000,000 mil shr goes fot X-deal.
It a big deal by big share holder. Value at $1.4 million dollars.
Last Done 0.037c. Vol:18,087,000 ahr changed hand, up+0.004c
What a run. Mother shr run n daughter oso run...:)
According to EDGE article, last week, Oxley has pre-sold more than 2,000 residential units at the Royal Wharf and the first block will attain " TOP" in May 2016, where the remaining 80% remain for future buyers. Phase I will be completed by end 2017.
Most recently he bot some share in IHC which is related to takeover (M& A) Healthyway. IHC has some property down-under in Australia, business in China n M' sia.
MEDICAL CLINICS IS HOT PROPERTY.Private healthcare provider Raffles Medical, acquired 10 clinics around the region as it seeks to increase revenue from overseas.
With 10 more clinics, it hope to rise it share turnover to more than 50%.
Healthway Medical is in good hands. Worth more. 🙂
Oxley boss is rising, first retail bond, 4-yr Bond, offering up to SGD$125 millions. 5.00% P.A. interest.
Will help run IHC, will be able to help Healthway " in due course" . IHC is in into property play, with Healhtway n Reits play in other countries.
It is expects to go building hospital that will aim to serve the top 10% n middle income group, and regional area' s down under in Aussies.
MEDICAL CLINICS IS HOT PROPERTY.
Private healthcare provider Raffles Medical, acquired 10 clinics around the region as it seeks to increase revenue from overseas.
With 10 more clinics, it hope to rise it share turnover to more than 50%.
Healthway Medical is in good hands. Worth more. 🙂
Haze could hit high end of Unhealthy range on Saturday: NEA
PSI hit passed 200 ++
More visiting clinic as haze psi hitting unhealhty level.
In this counter at $0.041 and now $0.039
quick look into IHC assets shows that they are assets rich, with properties in China, Japan and Australia.
They also have a few projects in their pipeline which includes a mixed development in Msia, KL. The assets in theses region seems to be where Oxley is active in as well.
With a NAV of 14.5c (Not even looking at their RNAV), it seems to us that IHC might be a steal at current level.
But the real action might only come if the duo continues shoring up shares of IHC to a certain level, maybe near 30% in total (Which they have. Combined staked now is nearing 23%), which could trigger a fight for IHC shares, causing price to surge.
Eric Low, deputy CEO of Oxley. NextInsight file photoAlso, a recently approved share buy back mandate might also provide some support to the share price.
One thing to note though is that IHC has does not have much revenue and profits, which in turn leads to poor cash flow.
This potentially could be a problem if the co still does not do anything to their existing assets.
(They previously had wanted to takeover HMC, which will improve their cash flow, but the deal seems to be a no go now after share price has collapsed).
So, what do you think?
Agree with tomhanks below... Still racing with IHC... I' m still holding it 
Any thoughts on this counter? Seems like a lot of small buying at 41
Any thoughts on this counter? Seems like a lot of small buying at 41
I think coming liao. 43 cents?
Looks like Healthway med is trying to catch up a similar run with IHC.
Grab some. cheers.
