Going forward, I dont think we will be having huge increasing amounts of float, unless a structural change occurs to increase current penetration of cord blood banking which is sitting on a measly 1% of annual births (compared to Singapore 28%, HK and Taiwan 15%, and even good old USA is at 5%). However, I am not complaining because the other division is the one making the big margins, and exposed to all the massive capital flows into stem cell research and treatment.
Yes, would be interested on SSM. Pray that they win the Vodafone rollout, but interested in tidbits because the MD is being pretty sparse on information going forward.
Please email me at peterphan88 at hotmail dot com or through the CE website email, as we seem to be following quite a few names in common.
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