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  #661  
Old 02-Jul-2013, 10:42 AM
Gary G Gary G is online now
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Originally Posted by liewchrisbk View Post
dont think anymore upside to this, $1 reached
Hit 1.09
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  #662  
Old 02-Jul-2013, 01:31 PM
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Hit 1.09
Anymore upside news to this stock?
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  #663  
Old 03-Jul-2013, 12:29 AM
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Cordlife

Hit a high of 109 closed at 102.5 up 2


Story line has to be changed


Looks like Cordlife will not be the onli virgin in town

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Originally Posted by Newcastle View Post
AsiaMedic to establish a local new cord blood stem cell banking
centre with Cryoviva International
 AsiaMedic expands healthcare portfolio by entering the local cord blood
banking scene as the 3rd private sector market player
 JV partner to provide technical know-how, technology and additional sales
network
 Leverage on the stem cell technology originated from US-based Lifeforce
Cryobanks
 Replicate its partner’s successful JVs in India and Thailand
Singapore, 2 July 2013 – SGX Catalist-listed AsiaMedic Limited (“AsiaMedic” or the "Group", “亚美德科医
疗集团”), a premier healthcare provider in Asia, is pleased to announce it has entered into a joint venture
("JV") agreement with Cryoviva International Pte Ltd (“Cryoviva”) to establish the business of cord blood(1)
stem cells banking in Singapore. The new joint venture company will be named "Cryoviva Singapore Pte
Ltd" ("Cryoviva Singapore").
The Group is confident that this JV can establish its footing by replicating its partner's successful ventures
in India and Thailand and leveraging on an FDA(2) approved stem cell technology originated from US-based
Lifeforce Cryobanks. The JV partner, Cryoviva, possesses the track record and business know-how given its
market leadership in India and Thailand. In addition, its network of expectant mothers, coupled with
AsiaMedic's client base, collectively expands the JV's sales network for cord blood stem cell banking.
Lifeforce Cryobanks is ranked as the Global Top 10 Cord Blood Bank based on profitability, innovative
business models and marketing strategies at the World Cord Blood Congress 2013.
Profile of JV Partner
Cryoviva is a Singapore incorporated company controlled by Mr Ravi Jaipura, Chairman of India-based RJ
Corp, a conglomerate with businesses in real estate, hospitality, food & beverage, healthcare and
education. Mr Jaipura holds a 70% stake in Cryoviva while the remaining 30% is held by Dr T Chandroo,
Chairman of Modern Montessori International Group (MMI), a local company which specialises in early
childhood education in the Asia-Pacific.
In 2006, RJ Corp went into a JV with US-based Lifeforce Cryobanks to set up Cryobanks International India
Private Limited ("Cryobanks India"), which became the first public and private cord blood stem cell bank in
India and has retained its market leadership today. Following the success in India, RJ Corp ventured into Thailand’s stem cell banking industry with JV partner Indorama Group to form Cyroviva Thailand in 2008.
Despite being a late entrant, Cyroviva dominated the market with above 50% market share within a short
span of 3 years.
Cyroviva Thailand's success can be attributed to various factors including: (1) Security and reliability of
storage samples - Cyroviva Thailand’s laboratories and storage facilities were unaffected by the major flood
in 2011; (2) Quality assurance - The technology powering Lifeforce Cryobanks is approved by FDA(2), in
addition, Lifeforce Cryobanks consistently exceeds the industry benchmark standards set by National
Marrow Donor Program (NMDP) and American Association of Blood Banks (AABB); and (3) highly
personalized care and service.
Cryoviva Singapore will enter into a license agreement with Cryobanks International India Private Limited
for utilising the technical know-how and technology for setting up and operating the stem cell banking
centre in Singapore. Cryoviva SG will finalise a location for its laboratory by the end of 2013, while its sales
office will be housed in AsiaMedic's flagship centre in Shaw House. Cryoviva SG is scheduled to start
operating in 2014. Dr Ashish Munjal from Cryobanks India has been appointed the General Manager to
spearhead the business locally. Dr Munjal brings with him several years of valuable experience in the
operations and business of cord blood banking. On the marketing front, the new sales team will be
replicating Thailand’s sales approach and collaborating with AsiaMedic's partner physicians for referrals
and new sales.
Ownership structure of the JV
Cryoviva will hold 75% while AsiaMedic takes up the remaining 25% stake in the JV. However, AsiaMedic
has the option to raise its stake to 49% within two years following the incorporation of the JV company, at
a price per equity share based on fair market. The projected initial capital investment for operations is
S$1.8 million, of which will be proportionately contributed by the JV partners based on the respective
shareholdings. AsiaMedic intends to fund this JV via internal resources and bank borrowings.
Commenting on this JV, Dr. Wong Weng Hong, CEO of AsiaMedic, said: “We are exhilarated about this
new partnership with Cryoviva. Apart from expanding the scope of our healthcare services, AsiaMedic can
also cross- sell our services by tapping into MMI's client base of expectant mothers.
With heighten awareness and understanding of the advantages in cord blood storage, we believe there is
more than adequate room for a new market player like Cryoviva SG. Given our partner’s successful ventures
in India and Thailand, we are optimistic about replicating the business model here in Singapore. This
venture also opens up new opportunities for AsiaMedic's expansion in the region."
Mr Ravi Jaipura, Chairman of India-based RJ Corp, said: “This partnership is a strategic fit for both parties
given AsiaMedic's established reputation as a premier healthcare provider in the local healthcare scene and
our sales network comprising expatriates, locals and overseas personnel. We believe this partnership will
help us to foray into the exciting market of Singapore for cord blood banking and also act as a strategic
beachhead for venturing together in other major markets of Indonesia, Malaysia, Philippines and Myanmar
for cord blood banking business.
For me this is the first venture in Singapore and we are looking forward to open more businesses including
medical and food & beverages with keeping Singapore as the headquarters."
The joint venture is not expected to have any material impact on the earnings per share or net tangible
assets per share of the Group for the financial year ending 31 December 2013.
None of the Directors of the Company has any interest, direct or indirect, in the above transaction.

The Directors are not aware of any substantial shareholder having any interest, direct or indirect, in the
said transaction and have not received any notification of any interest in the transaction from any
substantial shareholders.
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  #664  
Old 03-Jul-2013, 01:25 AM
liewchrisbk liewchrisbk is online now
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Quote:
Originally Posted by xfactor View Post
Cordlife

Hit a high of 109 closed at 102.5 up 2


Story line has to be changed


Looks like Cordlife will not be the onli virgin in town
like that, will asiamedic have some play soon? dont know which house will call for buy for this one, look interesting
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  #665  
Old 03-Jul-2013, 09:58 PM
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Quote:
Originally Posted by xfactor View Post
Cordlife

Hit a high of 109 closed at 102.5 up 2


Story line has to be changed


Looks like Cordlife will not be the onli virgin in town
Cordlife..

closed down 1,5 to 101

Watch the 100 support,,,

A break may see 97....

TGT 95
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  #666  
Old 04-Jul-2013, 09:21 AM
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Quote:
Originally Posted by newplayer View Post
Anymore upside news to this stock?
Hit 1.065
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  #667  
Old 04-Jul-2013, 10:29 AM
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Quote:
Originally Posted by Gary G View Post
Hit 1.065
Cordlife...105.5
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  #668  
Old 04-Jul-2013, 11:19 AM
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Hit 1.065
Q at 1.09
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  #669  
Old 04-Jul-2013, 12:14 PM
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Quote:
Originally Posted by Gary G View Post
Q at 1.09
To buy or sell...
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  #670  
Old 04-Jul-2013, 12:33 PM
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Originally Posted by xfactor View Post
To buy or sell...
Sell
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  #671  
Old 05-Jul-2013, 09:33 AM
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Originally Posted by Gary G View Post
Hit 1.065
Hit 1.13
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  #672  
Old 05-Jul-2013, 01:31 PM
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Singapore Daily

Cordlife Group: Corporate Conf call Feedback; Buy, TP $1.29
CLGL SP | Mkt Cap USD194.7m | ADTV USD5.6m
Ø Reiterate BUY. AsiaMedic/Cryoviva JV not a threat. Cordlife has an overwhelming 72% market share today and strong established channels. Even the largest player in India had second thoughts about entering Singapore due to Cordlife’s dominance.
Ø To deter competition, Cordlife will tie up exclusively with key hospitals and leverage upon its solid financial strength against Cryoviva, which is linked to the third largest player in India via a common shareholder.
Ø Cordlife will focus itself as a maternal and infant products player and leverage on its existing large customer base, strong connections with doctors and experienced sales team to launch more earnings-accretive products in the near future.
Ø Cordlife is also constantly looking for opportunities to expand into nearby countries, which should be sooner rather than later, possibly as early as this financial year. ”No earning dilution in the first year of expansion” is Cordlife’s key criteria in overseas venture.
Click here for full report johncheong@maybank-ke.com.sg
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  #673  
Old 05-Jul-2013, 01:46 PM
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buy
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  #674  
Old 05-Jul-2013, 01:54 PM
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Quote:
Originally Posted by Newcastle View Post
Singapore Daily

Cordlife Group: Corporate Conf call Feedback; Buy, TP $1.29
CLGL SP | Mkt Cap USD194.7m | ADTV USD5.6m
Ø Reiterate BUY. AsiaMedic/Cryoviva JV not a threat. Cordlife has an overwhelming 72% market share today and strong established channels. Even the largest player in India had second thoughts about entering Singapore due to Cordlife’s dominance.
Ø To deter competition, Cordlife will tie up exclusively with key hospitals and leverage upon its solid financial strength against Cryoviva, which is linked to the third largest player in India via a common shareholder.
Ø Cordlife will focus itself as a maternal and infant products player and leverage on its existing large customer base, strong connections with doctors and experienced sales team to launch more earnings-accretive products in the near future.
Ø Cordlife is also constantly looking for opportunities to expand into nearby countries, which should be sooner rather than later, possibly as early as this financial year. ”No earning dilution in the first year of expansion” is Cordlife’s key criteria in overseas venture.
Click here for full report johncheong@maybank-ke.com.sg

Ha Ha was expecting this feedback, Cordlife shivering in their pants, while putting up a brave front.
Techno wise Cryoviva is a formidable foe to reckon with.
Asia Med has pulled out of red and restructured focusing on core business and even embarking on a JV.
They seem to be pulling up their socks and getting on track.
My eyes will be on AsiaMed/Cryoviva JV.
Time will tell.
Any early-birds here planning to catch the worm?
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  #675  
Old 05-Jul-2013, 02:00 PM
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Originally Posted by Gary G View Post
Hit 1.13
Clearing 1.145,day high
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  #676  
Old 05-Jul-2013, 03:07 PM
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Quote:
Originally Posted by Gary G View Post
Clearing 1.145,day high
down to 1135
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  #677  
Old 05-Jul-2013, 04:52 PM
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Quote:
Originally Posted by Newcastle View Post
Singapore Daily

Cordlife Group: Corporate Conf call Feedback; Buy, TP $1.29
CLGL SP | Mkt Cap USD194.7m | ADTV USD5.6m
Ø Reiterate BUY. AsiaMedic/Cryoviva JV not a threat. Cordlife has an overwhelming 72% market share today and strong established channels. Even the largest player in India had second thoughts about entering Singapore due to Cordlife’s dominance.
Ø To deter competition, Cordlife will tie up exclusively with key hospitals and leverage upon its solid financial strength against Cryoviva, which is linked to the third largest player in India via a common shareholder.
Ø Cordlife will focus itself as a maternal and infant products player and leverage on its existing large customer base, strong connections with doctors and experienced sales team to launch more earnings-accretive products in the near future.
Ø Cordlife is also constantly looking for opportunities to expand into nearby countries, which should be sooner rather than later, possibly as early as this financial year. ”No earning dilution in the first year of expansion” is Cordlife’s key criteria in overseas venture.
Click here for full report johncheong@maybank-ke.com.sg
how come i receive TP is $1.80 and yours is $1.29?
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  #678  
Old 05-Jul-2013, 05:19 PM
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Originally Posted by julie View Post
how come i receive TP is $1.80 and yours is $1.29?
1st report was 1.80 which is wrong.......after that they came out with an amended report
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  #679  
Old 05-Jul-2013, 06:05 PM
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exited all my cordlife today - waiting for the next drop
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  #680  
Old 05-Jul-2013, 07:08 PM
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Quote:
Originally Posted by Newcastle View Post
1st report was 1.80 which is wrong.......after that they came out with an amended report
oh i see. Thanks.
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  #681  
Old 08-Jul-2013, 09:16 AM
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Cordlife up 2.5 to 116
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  #682  
Old 10-Jul-2013, 08:45 PM
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UOBKH

Cordlife Group (CLGL)
Last price: S$1.14
Technically, CLGL needs to break above S$1.18 to
test S$1.30 to avoid forming a top. Support appears at
S$1.00.
On 4 Jul 13, Cordlife Group announced that Cordlife
India has obtained the AABB accreditation and is one
of three AABB accredited Cordlife facilities. The group
is confident of gaining further market share in the India
private cord blood bank market, which grew at a 2007-
2011 CAGR of 35%. In our retail research report dated
20 May 13, we maintained CLGL as a HOLD and
raised our target price to S$0.86 as we lifted our net
profit estimates by 30% to reflect the impact of the
latest acquisitions and updated our outlook on the cord
blood and tissue banking business. We applied the
historical average PE of 16.1x to our FY14 EPS
estimate of 5.4 S cents to derive at our fair value.
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  #683  
Old 12-Jul-2013, 10:22 AM
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looks like a twin peaks is forming....
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  #684  
Old 12-Jul-2013, 12:22 PM
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Originally Posted by fartking View Post
looks like a twin peaks is forming....
sexy_women_with_tiny_waists_and_huge_breasts_640_04.jpg
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  #685  
Old 12-Jul-2013, 12:23 PM
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Quote:
Originally Posted by fartking View Post
looks like a twin peaks is forming....
U are right....double top
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  #686  
Old 12-Jul-2013, 01:00 PM
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as always from twin peaks, movement is DOWN to wet valley and get buried in cave. HA HA
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  #687  
Old 12-Jul-2013, 10:48 PM
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will be looking at this counter on monday.
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  #688  
Old 12-Jul-2013, 10:57 PM
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as always from twin peaks, movement is DOWN to wet valley and get buried in cave. HA HA
Cordlife closed down 2 to 111 after hitting a low of 108.5

Watch the 109 support

A break may see 106.5

Strong support at 102.5/103

cordlife.jpg
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It is not when u buy that matters but when u sell that counts
Taking profits is not a sin, but it is a cardinal sin to allow profits to turn into a loss

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  #689  
Old 15-Jul-2013, 12:59 PM
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Cordlife down 2.5 cents to 108.5
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  #690  
Old 15-Jul-2013, 01:47 PM
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Quote:
Originally Posted by XiBeiHaoLian View Post
Cordlife down 2.5 cents to 108.5
But u go look at SUPERGROUP!

Up Up and Awayyyyy
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