WANXKP

with dr chong aesthetic name and reputation, they can open up a new aesthetic clinic with expenditure possible just rm 1 million plus minus. they r experience in aesthetic open a new clinic is not a problem. why they want to spend p/e 20 price to buy over another people clinic, whose have same function and technique

1 week ago

WANXKP

when we do acquisition, we want synergistic effect. not like buying a company which offer exactly same service that i can already provide. with much higher and expensive price some more.

1 week ago

cytew

To eliminate competitors from the open market

1 week ago

sonyx123

Wanxkp. Again I’m not defending them and just stating my rationale. Bella is more of the Malay crowd, so the customer segment is different and using Dr Chong name might not work or appeal to the crowd. 1mn I am guessing a bit too low, maybe 2-3mn and have to consider ramp up. In 2022, the core business by DCH is only 10mn PAT, this target can churn out 5mn per annum immediately based on profit guarantee

1 week ago

sonyx123

Yes valid point on synergies, but I hope the Board decision is more of penetrating different customer segment

1 week ago

lotuseater

In its filing with Bursa Malaysia Securities Bhd, DC Healthcare said the acquisition will increase its customer's base; create and grow additional recurring income stream to enhance the group's profitability and shareholders value; benefit immediately from the increased revenue and earnings.

The I Bella group is already profitable with recorded audited net profit of RM2.93 million for the financial year ended March 31, 2023.

It also allows DC Healthcare to grow its business under a separate brand name (i.e. Bella).

DC Healthcare in a statement said, I Bella has a strong foothold among Malay customers, and is poised to significantly enrich DC Healthcare's client portfolio, especially in services like facial and skin treatments, and body and face contouring.

1 week ago

lotuseater

I Bella and its subsidiaries, namely Bella (Setia Alam) Sdn Bhd and I Bella Inspire Sdn Bhd operates two aesthetic medical clinics at Sri Petaling (Kuala Lumpur) ("Bella Clinic") and Setia Alam (Selangor). Bella group intends to open another clinic at Taman Molek (Johor), which is currently under renovation.

1 week ago

sonyx123

Is it issued share price 58 cents for Tranche 2 fixed?

1 week ago

Ayong21

It all doesn't matter. Chart is the only thing that tells the truth because market is always right.

1 week ago

EatCoconutCanWin

Don't touch?

1 week ago

Cryptolover

this one alot of bagholders

1 week ago

calvintaneng

GET OUT NOW

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-04-02-story-h-274336329-HOW_SYNDICATES_USE_DECOY_TO_HUNT_UNSUSPECTING_PREY_IN_KLSE_JUST_LIKE_TU

GO BUY TSH RESOURCES, JTIASA OR THPLANT

YOU WILL BE GLAD YOU DID

1 week ago

Hatiharihari

wow, what happed? Bad idea to acquire aesthetic clinic🤔

1 week ago

Birdie

Aesthetic business is facing turbulent times. Buy at 10 cents

1 week ago

SuperPanda

@lotuseater, the price movement already told you how traders react and somehow i find you are too naive in capital market, i explain why..

when company goes public, as shareholders and directors you only entitle for salary, allowance and remuneration, plus bonuses o dividend, this to be earned on montly or yearly basis

but by buying other company over its core values asset, you can deal backdoor money, lets say extra 10m out of this deal and this money will directly go to his pocket

in this world, no one would like to share his business unless that business can make him richer faster

6 days ago

cytew

Unload more shares into the market, in order to suppress the share prices further down, so later we can have opportunities to buy DCHCARE WA at low price ......good strategy ? 哈哈哈

6 days ago

stockhunter888

Dont spread the negative comment...company have their own strategy...once the price up u will regret

6 days ago

Killsthebear

the cheaper, the better.

6 days ago

sonyx123

give up. lousy mgmt and deal advisors

6 days ago

SuperPanda

0.40 support broken, new low 0.385, i dont think it will recover soon

btw, i have no interest and have no shares, just sharing my thought on corporate scam, all the best to y’ll

6 days ago

007007

The selling seems over done. The acquisition at PE 12 is not unreasonable.

6 days ago

Birdie

!3 aesthetic clinics. Market Cap 400 plus million. ...rm30 million per clinic. Must be dumb to buy the shares.

5 days ago

Eddins

0.40 broke, runnnnn!!!

5 days ago

cytew

👆👆Esos 和 warrant 都是 免费的 option, 前者送给职员，後者送给股东，老板得益最大，因为他是高层又是大股东..市场反应大，卖压越强，可以把股价压得越低，因此Esos 和 warrant的转换价 就可以定在低价位...然而 DCHCARE 是一只有强大成长动力的股（根据过去几年的成长数据的推算），当股价逐年上升，Esos 和 warrant 就很值钱了！明白吗？

4 days ago

jackjason

Share price push up right issue to get more money , press down during ESOS to get cheaper free share....

4 days ago

jackjason

I-bella only have 2 clinic with currently PAT RM2.9m and NTA RM4m. Feel like overvalue with 70m. During IPO DCHCare mention that to open a new clinic is about RM1m plus only. now they buy clinic with RM35m each. People can sell kosong clinic to DCHCare then setup a new clinic and call back the old royal client.

4 days ago

cytew

Acquisition of I Bella is based on 2 perspectives, (a) To enhance the DCHCARE growth rate and momentum..(b) To turn a strong competitor into a team member (在兵法里，这可是最高境界的手段...Turn a strong enemy into one of own soldiers)

4 days ago

jackjason

最怕买个空壳公司，前老板暗渡陈沧和另起茅庐。要重开一家aesthetic clinic 门杆不高。

3 days ago

cytew

不用担心 DCHCARE 和 I Bella 目前都是空壳股公司，因此它们的 ROE 特别高，成长动力基因强，所以值钱，君不见目前它的 trading PE特别高 ！明白它的奥妙就在这儿吗 ？不懂就慢慢学习和观察吧 ！

3 days ago

007007

Acquisition is the fastest way to grow. if you set up one clinic at a time, can you get the customers?

3 days ago

WANXKP

acquisition is fastest way to grow only if acquire at reasonable price. old clinic can retain their royal customer or not is much depend on the doctor in that clinic. unlike retail shop, who is the seller not much different. but in clinic, patient or customer tend to follow their doctor. unless can make sure the doctor now working in I bella will remain in there for long term.

3 days ago

cytew

DCHCARE ,13 clinic valued at 19 million per clinic , earning about 740k per clinic ( based on IPO price of 25 Sen), I Bella , 2 clinic valued at 35 million per clinic , earning about 1.45 million per clinic ...which one is cheaper ? Calculate yourself ...

3 days ago

Joscylyn

Bonus issue is coming

https://www.thestar.com.my/business/business-news/2023/11/21/dc-healthcare-acquires-i-bella-for-rm70mil-announces-bonus-issue

3 days ago

Lee Ying Yee

cyt u face on shot ??

2 days ago

cytew

We have started collecting this morning from 40 and below

2 days ago

jackjason

i will follow doctor not clinic, if doctor leave the clinic i will follow to new clinic. 😅😅. 35m buy kosong clinic is "Sohxi"

2 days ago

jackjason

can see share price sharp drop after acquisition announcement. Most of the invester not "Sxhai"

2 days ago

Plantermen

Yes. Buying the 2 Bella clinics for the large sum of money is fork out is something to chew on. Clinics unlike retail stores are different. Clients loyalty tend to gyrate towards the doctor on a personal touch.

2 days ago

Cryptolover

speaking as someone from this industry, this acquisition is very fishy, like someone said... using 30+mil for a clinic is bonkers
plus bella clinic isnt a very famous franchise
and the entry level to setup an aesthetic clinic is surprisingly easy, hence alot of competition nowadays
this kind of IPO is just to enrich themselves at the cost of retail investors

1 day ago

Albukhary

100% agreed, this type of boss is too selfish, it seem like they listed their company is to get money from public to benefit their ownself, they have no intention to work for the shareholder. Better avoid.

1 day ago

WANXKP

finally someone talking something with sense

1 day ago

SuperPanda

as long as you hold, they will continue selling, once y'all cut losses, they will buy back the shares, give esos and bonuses, later pump back for you to buy higher

its not easy to make big profit from aesthetic business, need years to earn couple million, dealing with stock market and ipo's can make few millions in just months, then can retired, no need to cut people face anymore, life is beautiful

1 day ago

fortunefire

business is saturated due to multiple offerings by competition. With 70mil you can open up more than just 2 clinics and hire better talent. So what's so special about this Bella clinic?

1 day ago

Cryptolover

if u use 30mil on yr own business, u probably can open more than 20 clinics (conservative estimation), take more market share than that 3 clinic... simple logic.. totally not worth it

1 day ago

fortunefire

another question is how long will dc healthcare take to get back 70mil after the acquisition?

1 day ago

Chang Keit Siong

Posted by fortunefire > 2 seconds ago | Report Abuse

another question is how long will dc healthcare take to get back 70mil after the acquisition?

^

Good question..

1 day ago

goody99

投资者用脚投票！遇到这种IPO，需要提防管理层另有意图？【谈股论金 132】
https://www.youtube.com/watch?v=8y3nDQonPu4

1 day ago

Lee Ying Yee

like AT . 30 cond. 1 .esos pp csti capital up to 6.7b but loss all QR . now ???

21 hours ago

Birdie

13 clinics. Market cap 370million. Roughly rm28 m per clinic. Just to get 10% returns, the clinic has to earn rm2.8 m per year per clinic. Impossible numbers. SELL

20 hours ago

fortunefire

how much cash reserved left in dc healthcare account? if you know the answer then you know where is the company heading to....

1 hour ago