Three causes there gained't be considered a 2021 housing industry crash
![4 Stocks This Week (Election Season) [26 June 2021] HRnetGroup; ISOTeam; MindChamps; Raffles Medical](https://creditoverview.net/wp-content/uploads/2021/07/20210722113902-4-850x560.jpg)
4 Stocks This Week (Election Season) [26 June 2021] HRnetGroup; ISOTeam; MindChamps; Raffles Medical
With the announcement this week that Parliament was dissolved, Singapore has been in full election season, in front of the upcoming Nomination Day on 30 June 2021, and Polling Day on 10 July 2021.
Candidates happen to be introduced (and withdrawn), party manifestos have been released, and policy promises are being made. What is clear are the key areas of concern to voters that will be addressed, including jobs, infrastructure projects, education, and healthcare.
For this week's episode of 4 Stocks This Week, we will examine some of the companies that are primarily involved in those key sectors.
HRnetGroup (SGX: CHZ)
HRnetGroup is one of the largest Asia-based recruitment agency in APAC ex-Japan, and was the first recruitment agency to list out on SGX in 2021.
The company operates in 10 Asian growth cities through two segments of Flexible Staffing and Professional Recruitment, serving a large spectrum of industries, including finance, retail, technology and telecommunications, manufacturing, healthcare, life sciences, insurance and logistics.
HRnetGroup owns brands like HRnetOne, Recruit Express, PeopleSearch, RecruitFirst, SearchAsia and PeopleFirst. The organization also offer other services, such as payroll processing, human resource consulting and corporate training.
HRnetGroup gained 2.041% on Friday to close at $0.50.
ISOTeam (SGX: 5WF)
Listed on SGX in 2021, ISOTeam is a home-grown building maintenance and estate upgrading company focused on both public and private sector projects.
The company creates government-related HDB projects such as Neighbourhood Renewal Programme (NRP), Estate Upgrading Programme (EUP), Hawker Centres Upgrading Programme (HUP) along with other hospital, school and other projects, as well as private sector projects for condominiums, shopping malls, factories, hotels and other facilities.
On 12 June 2021, the organization announced that it secured $32.5 million in new contracts, despite the slowing economy, bringing its year-to-date order book in FY2021 to $139.17 million. Area of the new contracts include neighbourhood renewal programme projects in Yishun, and repair and redecoration projects in Jurong West.
ISOTeam closed the week flat at $0.162.
MindChamps (SGX: CNE)
Founded in 2008, MindChamps owns, operates, and franchises infant care centres, preschools, enrichment centres, as well as theatre-related enrichment programs for children.
With the leading market share of 38.5% of all premium preschools in Singapore, MindChamps' IPO n 2021 marks the very first time an early childhood educator provider listed on SGX.
In 2021, MindChamps opened their first purpose-built flagship centre around australia, as well as expanded to Malaysia and Myanmar, while expanding their existing presence within the Philippines and Australia.
The company also offers training programs for adults in the certificate and diploma levels when they are young care and education; and operates commercial schools offering higher education programs.
MindChamps closed on Friday at $0.305.
Raffles Medical (SGX: BSL)
Raffles Medical is an integrated healthcare provider, providing an array of healthcare services. While Raffles Medical's clients are largely in Singapore, it is contained in approximately 14 cities in Singapore, China, Japan, Vietnam and Cambodia.
In 2021, Raffles Medical opened its first hospital in China in Chongqing which operates 24/7, as the company added Waterway Indicate its list of executive health screening centres in Singapore.
Raffles Medical stated that preparations to spread out their second hospital in Shanghai this year are on track, but commencement of operations is determined by the developing COVID-19 situation.
Raffles Medical's integrated healthcare organisation comprises of a tertiary hospital, a network in excess of 80 CHAS-approved family medicine and dental clinics, insurance services, Japanese and Traditional Chinese Medicine clinics, and a consumer healthcare division.
Raffles Medical closed now at $0.91, giving it a market capitalisation of about $1.66 billion.