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Overview
Financial HighlightHeadlines
Business Background Caring Pharmacy Group Bhd is an investment holding company, which engages in the operation of community pharmacy including retailing of pharmaceutical, healthcare, and personal care products. The company’s product offerings include scheduled drugs, over-the-counter drugs, health supplements, personal care products, healthcare devices, health food, confectionery, beverages, and household products. The firm principally operates in Malaysia.
2 people like this. kalofarmako yup, caring is different from any pharmacy even deorg pun jual ubat-ubatan. 22/08/2019 3:46 PM kalofarmako It's going up time to buy ! Come on gaiss. https://klse.i3investor.com/blogs/MYpharmaceuticalnews/221505.jsp 26/08/2019 10:54 AM kalofarmako Pharmaniaga’s focus on non-concession ops seen to boost profit https://www.klsescreener.com/v2/news/view/572140 28/08/2019 10:04 AM kalofarmako Morning! Something good to read in the morning. "High time to decide on concession issue" Read more: https://klse.i3investor.com/blogs/MYpharmaceuticalnews/222426.jsp 30/08/2019 9:08 AM kalofarmako WOW!! The positive long-term outlook for Pharmaniaga Read more: https://klse.i3investor.com/blogs/MYpharmaceuticalnews/223457.jsp 05/09/2019 1:10 PM kalofarmako DHM explained that Pharmaniaga is only responsible for the logistics of supplying drugs to government health facilities, rather than the supply itself. Check out here: https://klse.i3investor.com/blogs/MYpharmaceuticalnews/224313.jsp 11/09/2019 10:56 AM kalofarmako “The big problem is price control, not Pharmaniaga,” says MyCC Social activist Lim Mah Hui, one of the conductors of the MyCC study, said Pharmaniaga did not have a monopoly over supply but a virtual monopoly over logistics. Check out: https://klse.i3investor.com/blogs/MYpharmaceuticalnews/224759.jsp 13/09/2019 9:53 AM kalofarmako The public need to understand that Pharmaniaga's role as a concessionaire and not immediately liken it to a monopoly. Shared some thoughts in this article (https://klse.i3investor.com/blogs/MYpharmaceuticalnews/228733.jsp). Though it could use a bit more context but hope this can get the conversation going. Source: http://read.focusmalaysia.my/ePaper/xml_epaper/Focus/05_10_2019/pla_1_Standard/xml_arts/art_52429.htm 07/10/2019 4:23 PM Hafid Overall, Caring has raised its cash balance from RM 77.9 million in 2013 to RM 131.3 million in 2019. Hence, Caring has built itself a solid record of bringing in positive cash flows from operations and opted to split the proceeds half for CAPEX and dividend payments and the remaining half to be retained within its bank account during the period. 21/10/2019 4:03 PM Hafid Caring has expanded its store network from 46 in 2010 to having a total of 125 outlets in 2019. As of 1 October 2019, Caring is worth RM 446.30 million in market capitalisation. On 30 August 2019, Caring’s three largest shareholders are as follows: a.) Motivasi Optima Sdn Bhd - 50.35% - Chong Yeow Siang, Soo Chan Chiew, Tan Lean Boon and Ang Khoon Lim are substantial shareholders of Caring through their stakes in MOSB. As I write, they are members of the company’s board of directors. b.) Perbadanan Nasional Bhd - 9.61% c.) Jitumaju Sdn Bhd - 5.29% Tan Sri Dato’ Seri Vincent Tan Chee Yioun is a substantial shareholder of Caring with a total of 8.90% indirect shareholdings where his stakes are in Jitumaju, U Telemedia Sdn Bhd & Convenience Shopping (Sabah) Sdn Bhd presently. Five Years Transformation Plan Caring is embarking on a five-year transformation plan starting in 2020, where it intends to increase its revenue from around RM 600 million in 2019 to as high as RM 1 billion by 2024. From 2014 to 2019, Caring has generated RM 125.2 million in positive cash flows from operations, RM 11.6 million;interest income and RM 43.8 million from the IPO listing. Out of RM125.2 million, the compnay has spent RM 35.4 million in net capital expenditures (CAPEX) and RM 31.6 million in dividends to its existing shareholders. As of 31 May 2019, Caring has RM 153.47 million in shareholders’ equity and RM 7.77 million in non-current liabilities . Thus, its gearing ratio is 5.06%. At that time, Caring has RM 121.27 million in current liabilities and RM 243.07 million in current assets. 21/10/2019 4:12 PM Jeffreyteck BJ in, price most probably will move in tandem with BJ cos of which BJL and BJG are now around 20, BJM to be delisted soon, etc. Well done. 28/10/2019 6:26 PM kalofarmako Pharmaniaga's services would be extended until the Cabinet decides on the mechanism to manage the open tender. source link: https://klse.i3investor.com/blogs/MYpharmaceuticalnews/234024.jsp https://klse.i3investor.com/blogs/MYpharmaceuticalnews/234024.jsp 06/11/2019 2:58 PM kalofarmako Pharmaniaga Bhd witnessed a 300% spike in orders, largely from hospitals and government clinics after the government announced the firm’s drugs and medical supply concession would end on Nov 30. Check this out!!! https://klse.i3investor.com/blogs/MYpharmaceuticalnews/234455.jsp 08/11/2019 10:53 AM factslim1 Caring Pharmacy Group Bhd reported a net profit of RM4.18 million for its first quarter ended Aug 31, 2019 a 2.3% increase from RM4.09 million in the same quarter of the previous year, attributed to the sales generated from the establishment of 16 new outlets. Its revenue rose 8.9% to RM163.26 million from RM149.97 million. 08/11/2019 5:58 PM kalofarmako POSITIVE REACTION ON PHARMANIAGA EXTENSION Sources Link:https://klse.i3investor.com/blogs/MYpharmaceuticalnews/234829.jsp 11/11/2019 4:44 PM kalofarmako Check this out!!! Sources Link:https://klse.i3investor.com/blogs/MYpharmaceuticalnews/234991.jsp 12/11/2019 11:13 AM kalofarmako PHARMANIAGA STOCK RECORD YEAR’S STRONGEST JUMP Check this out!!! https://klse.i3investor.com/blogs/MYpharmaceuticalnews/235081.jsp 12/11/2019 5:21 PM kalofarmako Pharmaniaga Bhd confirms today that it has secured a five-year extension for the provision of logistics and distribution services to the Ministry of Health, to end on Dec 31, 2024. Check this out: https://klse.i3investor.com/blogs/MYpharmaceuticalnews/237671.jsp 19/11/2019 11:40 AM kalofarmako https://klse.i3investor.com/blogs/MYpharmaceuticalnews/238123.jsp Govt extends Pharmaniaga services for medicines, medical supplies 20/11/2019 12:00 PM kalofarmako Now that govt is removing concession, its a smart move for Pharmaniaga to focus on diversifying 22/11/2019 11:10 AM kalofarmako https://klse.i3investor.com/blogs/MYpharmaceuticalnews/240245.jsp PHARMANIAGA MAY STILL HAVE THE UPPER HAND 26/11/2019 2:42 PM Jeffreyteck BJ takeover, performance will be like BJ, and from cash rich to depleting cash? 29/11/2019 8:37 AM kalofarmako Pharmaniaga is contributing to non-profit research and development organization Drugs for Neglected Diseases initiative (DNDi) to support the registration of a new treatment for those with hepatitis C in Malaysia. https://klse.i3investor.com/blogs/MYpharmaceuticalnews/242914.jsp 03/12/2019 9:15 AM kalofarmako Good news from Pharmaniaga!!! https://klse.i3investor.com/blogs/MYpharmaceuticalnews/247439.jsp 13/12/2019 2:53 PM kalofarmako Lets take a look! https://klse.i3investor.com/blogs/MYpharmaceuticalnews/2019-12-31-story-h1481975295-PHARMANIAGA_READY_TO_FACE_2020.jsp 31/12/2019 9:33 AM Daily8 BJ taking over is a nightmare for Caring. Tan CY and all the retail companies =koyak 08/01/2020 10:42 PM Jeffreyteck Just want the cash of caring? Then can announce expansion and borrow more? 06/03/2020 1:28 PM stingray_ea item price keep ....increasing... quantity keep reducing ....still we buy 06/04/2020 11:35 AM ahbah All pharmacy counters ... good buy, supported by covid-19 Pharmacy businesses ... got lockdown during the MCO ? Can we see doctors n buy medicines during MCO ? 06/04/2020 11:46 AM nicedurians Bai bai caring. Good luck, don't let vincent tan run you into the ground 05/05/2020 5:19 PM Ltchuan03 List & delist again. lol https://www.forbes.com/sites/neerjajetley/2013/11/27/billionaire-vincent-tan-plays-hide-and-seek-on-the-bourse-whats-his-game-plan/#5feadf8b1fd7 05/05/2020 10:28 PM | |