Q&M Dental -[ Another Covid Play, Another Target Hit]
image source: Q&Mdental.com
When was the last time you went to the dentist, if you’re like me afraid of the dentist then the answer would probably be very very long ago.HAHA! Well, the last time I went to the dentist was 8 years ago. ๐ But did you know that Q&M Dental not only does dental work, it is now involved in Covid work.
Q&M, which was awarded a tender by the Health Promotion Board in May 2021 to provide Covid-19 swab and testing services. Daily lab tests will also increase and with the increase in cases revenue is expected to increase for the group. This is an additional new revenue stream for the group.
As this counter corrected about 20% we were waiting for an opportunity for an entry and yes it came!!
Just this week on Monday, we saw an increase in volume and a break of its downtrend line. And yup, our EXCLUSIVE CLIENTS were alerted of it!
And in just three days we saw two of our targets being hit! A nice 6% for three days. The increased in volume is healthy and we might see the next target of $0.625 being hit in the next couple of days. Will update if it hits there. So stay tune for our next target.
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Yours
Humbly
Kelwin&Roy