Founded in 1962, Apex Healthcare Bhd (Apex) has emerged to be amongst the leading healthcare groups in Malaysia. As at 1 January 2019, Apex is worth RM 913.7 million in market capitalization, nearly a 10 times increase from its value in 1 January 2009.
Source: Google Finance
In this article, I’ll revisit its fundamentals and bring you an update on its recent financial results. Out of which, we would find clues of what made shareholders of Apex wealthy and have a better appreciation of value investing. I would also discuss Apex’s plans for growth and introduce a few valuation metrics to assess its potential for investment at current stock price of RM 7.80 a share.
Thus, here are 10 things to know about Apex before you invest.
RetailIn 1962, Apex started as a pharmacy at Jalan Munshi Abdullah, Melaka under Apex Pharmacy. In decades, it expanded...