Yes way too overvalued especially for SG, with a small market, there isn't much room for growth and the market is too saturated. Expansion overseas might help plug the growth concerns but moving into another market poses plenty of risks as well, so why pay the premium ?
i wouldn't invest in Kimly for 1 reason and that is because I don't believe in F&B long term sustainability. there is high turnover in the F&B business and people's taste changes overtime and subjective. I think over 20 times earnings is high.
Whereas for healthcare, RMG's peers are also valued above 30 times earnings as well. At this rate, I think it will really take patience for RMG price to go up slowly.
Reply to @MasterLeong : Tech stocks more risky...company must keep innovating failing which can result in the stock crash. Or worse, bankruptcy. No joke. Health care company if manage the cost probably has greater chance of survival.
Yes way too overvalued especially for SG, with a small market, there isn't much room for growth and the market is too saturated. Expansion overseas might help plug the growth concerns but moving into another market poses plenty of risks as well, so why pay the premium ?
Reply to @Amethyst : That is why the health care cost keeps going up...to keep up with the increase in rental and workers' pay.
as long as people buy up, it will move up
Reply to @lionking : market will run out of 'foolish' investor to push up the price
i wouldn't invest in Kimly for 1 reason and that is because I don't believe in F&B long term sustainability. there is high turnover in the F&B business and people's taste changes overtime and subjective. I think over 20 times earnings is high.
Whereas for healthcare, RMG's peers are also valued above 30 times earnings as well. At this rate, I think it will really take patience for RMG price to go up slowly.
Reply to @MasterLeong : Tech stocks more risky...company must keep innovating failing which can result in the stock crash. Or worse, bankruptcy. No joke. Health care company if manage the cost probably has greater chance of survival.