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Q&M Dental share price is ripe for rights issue?

From $0.42 to $0.94, Q&M Dental share price enjoyed a breath-taking form back in early 2015. That magical run earned Q&M Dental the second best performing stock by SGX in 2015. Those good old days must be surreal to investors as Q&M Dental share price subsequently went on an awful run that saw the counter falling by 46% in value. Sentimental investors who did not exit in time would have lost their pants if they held on to Q&M Dental shares till now.

In investing, there are many variables or factors that can influence the share price of a company. Even though Q&M Dental operates in an evergreen field of healthcare, it does not mean that Q&M Dental share price will be stable or keep rising. Investors must be aware of the state of play and enter at appropriate levels or they may risk getting caught with their pants down.

Q&M Dental share price

Is Q&M Dental share price in the mode of falling knife? To be fair to management, Q&M Dental had been consistently profitable since its listing in 2009. In fact, net profits surged from $3.8 million in FY2009 to a record $33 million in FY2016. However, net profit dropped …

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