Analysis of Qualitas Medical Ltd Upcoming IPO

by: Tam Ging Wien


All examples and stocks quoted here in this article and on the ProButterflyTM site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial adviser.


Malaysia's healthcare service provider Qualitas Medical Ltd (Qualitas) has begun marketing efforts for what is believed to be a S$100m IPO in Singapore. By picking Singapore as its listing venue, Qualitas seems to be sending investors a message that it has ambitions to expand across the region.

Qualitas’ largest shareholder is Southern Capital Group (Southern Capital) controlling more than 77.7% of the shares in the pre-IPOed entity.

Based on various...

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The Beginner’s Guide to Analysing Financial Statements - Cash Flow Statement

by: Tam Ging Wien

When read with begin with A...B...C..., when we sing with begin with Do... Re...Me...

That at least that's how the song lyrics go.

But when we want to understand and assess the financials of a stock, we need to begin with the 3 financial statements, namely:

In our last "The Beginner’s Guide to..." series, we covered the The Beginner’s Guide to Understanding The 3 Financial Statements.

After having an understand of the 3 financial statements, we continue the series with analysing these financial statements in order to understand the financial health of a company. In this post, we will be learning how to analyse the Income Statement.

Do read the previous articles first before continuing as it will give you a firm foundation of the 3 core financial statements.

Cash Flow Statement

Free Cash Flow

Free cash flow is simply the difference...

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The Beginner’s Guide to Analysing Financial Statements - Income Statement

by: Tam Ging Wien

When read with begin with A...B...C..., when we sing with begin with Do... Re...Me...

That at least that's how the song lyrics go.

But when we want to understand and assess the financials of a stock, we need to begin with the 3 financial statements, namely:

In our last "The Beginner’s Guide to..." series, we covered the The Beginner’s Guide to Understanding The 3 Financial Statements.

After having an understand of the 3 financial statements, we continue the series with analysing these financial statements in order to understand the financial health of a company. In this post, we will be learning how to analyse the Income Statement.

Do read the previous articles first before continuing as it will give you a firm foundation of the 3 core financial statements.

Income Statement

Gross Income Margin

The gross income is the total amount of...

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The Beginner’s Guide to Analysing Financial Statements - Balance Sheet

by: Tam Ging Wien

When read with begin with A...B...C..., when we sing with begin with Do... Re...Me...

That at least that's how the song lyrics go.

But when we want to understand and assess the financials of a stock, we need to begin with the 3 financial statements, namely:

In our last "The Beginner’s Guide to..." series, we covered the The Beginner’s Guide to Understanding The 3 Financial Statements.

After having an understand of the 3 financial statements, we continue the series with analysing these financial statements in order to understand the financial health of a company. In this post, we will be learning how to analyse the Balance Sheet.

Do read the previous article first before continuing as it will give you a firm foundation of the 3 core financial statements.

Balance Sheet

Current Ratio

This is a simple ratio of the current assets over...

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The Beginner’s Guide to Understanding The 3 Financial Statements

by: Tam Ging Wien

When read with begin with A...B...C..., when we sing with begin with Do... Re...Me...

That at least that's how the song lyrics go.

But when we want to understand and assess the financials of a stock, we need to begin with the 3 financial statements, namely:

All listed companies on SGX are mandated to report their financial performance periodically. Every quarter, companies must report their financial performance using a structured set of 3 financial statements. The financial statements adhere to international accounting standards and the local Singapore reporting standards have very similar formats making it easy for investors to review.

Financial statements are reported based on time periods. By reviewing the 3 financial statements, investors are able to deduce the financial position of the business and how its financials have changed over time.

...

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An Analysis of Mapletree Logistics Trust

by: Tam Ging Wien


All examples and stocks quoted here in this article and on the ProButterflyTM site are for learning purposes; it does NOT constitute a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence. If in any doubt about the investment action you should take, you should consult a professional certified financial advisor.


This is a follow up from last week’s article regarding our thoughts about the impact of Amazon’s SEA ambitions. One of the afterthoughts that we had after writing the article was to look at potential opportunities to invest in REITs and real estate related businesses which could potentially benefit from the rise of the e-commerce trend. If you have not read our previous article, click here.

Therefore this week, we will follow up on our promise to analyse Mapletree Logistics Trust (MLT). Amazon is...

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