Here’s the top news this week affecting my positions in Singapore O&G, iFAST and TripAdvisor.
All Singapore O&G (SOG) services are available again: SOG clinics including their dermatology clinics can offer their full suite of services with Singapore’s circuit breaker ending on 2 June. See the SOG poster below.
However, competing dermatology clinics will be able to offer these services too.The dermatology segment is the weakest and most exposed to competition among the four segments but hopefully referrals from other SOG clinics can help the dermatology segment to break-even this year. My wife visited a SOG clinic recently and noticed that the nurses are now wearing SOG uniforms which is great for creating brand equity and reducing reliance on the individual doctors.
Singapore O&G in the media: Dr Christina Ong, a SOG paediatrician was featured on CNA along with another Raffles Medical doctor. Great publicity for the company. Link
iFAST and overseas deposits: From this CNA articl...