Shares & Derivatives
Bleeding Stocks – Raffles Medical [Part 2]
By KPO and CZM  •  August 12, 2017
This is the second series of "Bleeding Stocks" where KPO will be looking at 老鼠屎 (rat shit) dragging down the overall performance of his portfolio. Do check out part 1 if you have not :) Bleeding Stocks - QAF [Part 1] QAF share price dropped because Q2 results were pretty bad. On the other hand, Raffles Medical Q2 results were much better as compared to QAF - Raffles Medical Group's Q2 profits marginally higher. Let's take a closer look at the financials. There is almost no change but the same cannot be said for its share price. Based on its last closed price on 2017-08-11 of $1.13. It has fallen by 25.4% as compared to the price one year ago ($1.515 on 2016-08-11). What has changed to warrant such a huge drop? No idea. Your guess is as good as mine - a few analysts sell reports...
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By KPO and CZM
I am Ong and my fiancee (Chan Zui Mao a.k.a CMZ) calls me a Kiam Pok (i.e. stingy/thrifty depending on how you look at it). Hence, the nickname KPO (Kiam Pok Ong). We have decided to name the blog KPO because I have proposed to CMZ successfully and she is officially a KPO too. The purpose of the blog is to list down all the money-saving tips, our investment/journey to financial freedom and to document my life with CZM.
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