Wednesday, June 20, 2012

Asia Medic

Asia Medic: Has signed two agreements to set up a post-natal confinement centre and a medical centre respectively in Shanghai, PRC. Co is currently loss making with FY11 losses of $800k. Co current trades at 0.7x P/B Another co with similar developments in China, Q&M currently trades at over 40x P/E with P/B of 6.88x

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