Chindex International, Inc. (NASDAQ:CHDX)

castilloelmorro (< 20) Submitted: 1/25/2007 9:42:01 PM : Start Price: $13.50 CHDX Score: -28.51

Uhhhh...
Well let's see - Chindex owns a small chain of hospitals in mainland China,
They also sell (and have very little competition in their chosen field) mostly all US made,
high quality,expensive,precision medical equipment in mainland China and HongKong.
They have an exclusivity contract with ISRG (Intuitive Surgical Inc) to sell in that area of
the world and have already sold 2 units in the past 18 months (one in HongKong and one in the PRC).
Now, these units are highly sought after and VERY expensive machines used for doing
very intricate and difficult operations by a surgeon using robotic arms and probes to perform
the operation while sitting at a distant console and controlling the operation using joystick
and button-type controls.
Besides being very precise because of all the robotics and miniaturized cameras used for the
operations - they have the advantage of very rapid patient recovery due to the minute size
of the incision made for the operation due to the use of robotics.
The ISRG equipment runs into various (est.approx 4-5) million US$ per unit - of which I presume CHDX receives at least a 10-15% commission per sale.
Considering the recent drop in the cost of the US$ lately...
Additionally - they only have 6-7 million shares outstanding.
You do the math.