(not vested) I have been crawling through medical companies, especially those offering direct services to patients. But have not go into those upstream, the manufacturers of medical equipments, products. One thing that struck me is the high lofty valuation of above 30 PE is more of norm than exception. It is a sector that seems that it can do no wrong, however, looking at the companies, I would think that this is a myth. Of course there are well-managed companies like Raffles Medical, and companies with visible growth potential etc. There are also companies who are struggling I am at first attracted to ISec, but when it bought Singapore clinics, I stopped looking. It reminded me of healthway. Talkmed is a company that is a super multi-baggers from its IPO, even after recent correction, it is still a 5 baggers. I thought it would be another company with insane valuation. ......