- Phillip Apps
Stock Commentary Date: 23/6/2020
Stock: Modern Dental Group Limited
Closing price: $1.40 (23/06/2020)
52 weeks range: $0.887 - $1.818
Shares outstanding: 962,477,000
Market Capitalization: HK$ 1.347 Billion
Target Price (12 months): No Target
Group Yearly report (Dec 2019):
The group show consistently improvement in terms of revenue growth. Although, the revenue growth y-o-y is 2%, it may reflect the fact that the majority of revenue contribution came from developed countries, ie USA and Europe.
While Europe continued to be one of the major contributors of the group’s revenue, Greater China region had a faster growth comparing to other region while North America (including Canada) also had a moderate improvement in terms of revenue growth. As the group continued to consolidate with their acquisitions (especially with MicroDental), the company expected to capitalize on their investments in the future.
2. The group continued to show improvement with their operations
” I, Ni Kwok Kuen Alex, am a licensed person under the Securities and Futures Commission. Until the date this commentary was published, neither I and/or my affiliates are the beneficiary of the securities mentioned herein or are entitled to any financial interests in relation thereto. “