Private healthcare provider Raffles Medical Group Ltd saw its shares fall recently. Over the past five days, Raffles Medical’s share price has tumbled 11 per cent to $1.39 at the time of writing. However, I think the recent selldown is an opportunity for long-term investors to consider having part-ownership in a company with huge potential for growth. Let’s explore more.
For our older family members aged 65 and above, even the smallest fall can lead to serious injury that requires a long time to recover fully. According to the National Registry of Diseases Office, falls count for 40 per cent of injury-related deaths in Singapore. Just resting at home and icing the injury is not going to lead to smooth.