Posted by youarewelcome88 > 2023-05-24 20:51 | Report Abuse

@Cipta...go to Sapura's forum & you will understand why. It's pretty toxic there... Cheers

Posted by Bon888 > 2023-05-24 23:52 |

Post removed.Why?

Posted by Cipta > 2023-05-25 11:10 | Report Abuse

Well say Bon
"Any white knight playing drum roll before emerging as substantial shareholder?"

Posted by Cipta > 2023-05-25 11:19 | Report Abuse

@Welcome Buffett best known investment quote: rule no1 , dont lose your money, rule no 2, dont forget rule no 1. Sometimes more caution (negative) is not all bad especially to invest in toxic share. As u had seen for the past 3 years who shout high up ended with new low. No matter u r positive or negative thinker, i hope all can unite to voice our unsatisfactory to treat shareholder with virtue AGM and all mist surround the RM600mil purchase of vaccine. Paying the bill to whom stolen the money by keeping silent is not an option!

Posted by BobAxelrod > 2023-05-25 11:21 | Report Abuse

Then you don't know the true colors of Bon Bon clown.....

Posted by Bon888 > 2023-05-25 12:19 |

Post removed.Why?

Posted by youarewelcome88 > 2023-05-25 15:56 | Report Abuse

@Cipta... I meant Sapura's i3 forum is toxic. Cheers

Posted by Cipta > 2023-05-29 13:04 | Report Abuse

https://www.malaymail.com/news/malaysia/2023/05/27/putrajaya-must-bail-out-boustead-to-rescue-rm6b-already-sunk-into-lcs-project-pm-says/71204

Posted by Cipta > 2023-05-29 13:04 | Report Abuse

Gov bail out BHIC, will Pharmaniaga the next?

Posted by FinanceInRealLife > 2023-05-30 18:51 |

Post removed.Why?

Posted by ikenduit > 2023-06-01 08:20 | Report Abuse

https://theedgemalaysia.com/node/667953

Posted by ikenduit > 2023-06-01 08:26 | Report Abuse

slowly accumulate. still got time for another few rounds

Posted by Runnerup > 2023-06-06 11:52 | Report Abuse

KLSE tak boleh tahan crisis coming

Posted by Cipta > 2023-06-08 14:15 | Report Abuse

No news is good news or something wrong is brewing.

Posted by Cipta > 2023-06-09 11:17 | Report Abuse

https://www.msn.com/en-my/news/national/agc-acted-to-protect-national-interest-in-pfizer-deal/ar-AA1cj2kW?ocid=msedgntp&cvid=1f11a5594c5148468319a9ebffcd1f75&ei=49

Posted by BobAxelrod > 2023-06-09 11:23 | Report Abuse

You walked into a Restaurant, order food and finished the servings....and when you cross to the Cashier, you complined the food was not as tasty as you wished???

Did Pfizer put a gun to your head and requested you buy from them at the time during Pandemic and you were so desperate to get your hands on those Vaccines to save lives.....??

Did Singapore not paid higher prices and the 1st in SEAsia to get Pfizer vaccines? Are they complaining now????

Budak budak......pigi main jauh jauh........

Posted by Cipta > 2023-06-09 12:24 | Report Abuse

it is like USA during pandemic buying glove from us without question but eventually ban and penalized some of the glove manufacturers with various reasons after the demand was ease.

Posted by BobAxelrod > 2023-06-09 12:27 | Report Abuse

Clearly, this country is not ready for world arena, not even in the next 300 years.....such a cry baby......

Posted by Cipta > 2023-06-09 12:44 | Report Abuse

so now the question is: Did Pharma signed the same type of agreement with Sinovac so they must buy the Rm600mil vaccine even pandemic ease.

Posted by BobAxelrod > 2023-06-10 17:44 |

Post removed.Why?

Posted by Darth > 2023-06-12 13:37 | Report Abuse

Yes, Pharma owes banks around Rm1Bill.
Today is the AGM, post Rm500 mill plus write off due to the vaccine procurement.
Not sure if the write off is part of the Rm1Bill owed.
Anyway, this company was doing reasonably well until political appointees came on board during the MCO and the procurement was done.
Hopefully during the AGM, shareholders will be able ask and get to the bottom of this fiasco if anyone else then the company made monies from the side.
Not to forget the whole procurement is still under NDA (Non Disclosure Agreement), not sure for what reason since this is a Public Listed Company.

Posted by Cipta > 2023-06-12 15:06 | Report Abuse

Who made the decision to buy and what how the process of procerements must be asked.

Posted by DickyMe > 2023-06-12 15:21 | Report Abuse

Another Sapura!

Posted by Cipta > 2023-06-12 16:06 | Report Abuse

Vote out the villains.

Posted by pinetree88 > 2023-06-12 16:17 | Report Abuse

Pharma is up today coincide with AGM same day at 230pm. Anything positive came out from that meeting?

Posted by Cipta > 2023-06-12 16:39 | Report Abuse

just push up the price hope shareholders will ease fire.

Posted by pinetree88 > 2023-06-12 16:44 | Report Abuse

I got back in today at 0.38. Supposedly BP and a some PE maybe interested to buy a stake in pharma. So still chance of something positive coming.

Posted by youarewelcome88 > 2023-06-12 22:44 | Report Abuse

@pinetree88... Good luck to you. I find the support artificial. Good if you make money. From the news report, the BOD have confirmed they are clueless & lost...in dealing with the situation. All will eventually be reflected in the market price...

Posted by youarewelcome88 > 2023-06-12 23:09 | Report Abuse

Months ago, it was announced 1,156,389 doses of Sinovac are to expire between March and July 2023. Wait for the Q2 & Q3 results... By then also, the RM1 billion borrowings will turn non-performing... I am sorry if my post is offensive

Posted by pinetree88 > 2023-06-13 09:33 | Report Abuse

Pharma is up today with volume at 0.41. Looks like closing the gap to target 0.43.

Posted by Cipta > 2023-06-13 11:19 | Report Abuse

About 15% share holders against yesterday directors reappointment and remuneration, This is a loud protest to the current management! Now this is the time for management start show they are capable to fulfill the responsibility of their duty.

Posted by Runnerup > 2023-06-13 11:47 | Report Abuse

1-2 day gap up than selling ,follow the trade winds

Posted by Cipta > 2023-06-13 12:18 | Report Abuse

perhaps this is why the wind is blowing:

https://www.malaymail.com/news/malaysia/2023/06/12/govt-agreed-to-lopsided-covid-19-vaccine-deal-to-save-lives-deputy-health-minister-tells-parliament/73874

Posted by Cryptolover > 2023-06-13 13:29 | Report Abuse

if wanna invest in healthcare stocks, Dpharma and Ahealth seems much better than this fundamentally

Posted by ikenduit > 2023-06-13 20:50 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3361483

Posted by ikenduit > 2023-06-13 20:51 | Report Abuse

PP coming. That will be good or not?

Posted by Cipta > 2023-06-13 21:32 | Report Abuse

Is it a cheat for not telling shareholders in yesterday AGM ?

Posted by youarewelcome88 > 2023-06-13 22:19 | Report Abuse

It's the PP that have kept the price level support artificial. 4 sen discount to today's closing... The investor who volunteered to take up the PP will soon be cursing himself.

Posted by youarewelcome88 > 2023-06-13 22:30 | Report Abuse

@Cipta... That's how much the BOD respect the AGM. Material information like the PP must be disclosed at the AGM as it is price sensitive to the market. I feel sorry for the shareholders

Posted by Zek777 > 2023-06-14 09:06 | Report Abuse

to trap retailers

Posted by BobAxelrod > 2023-06-14 10:46 | Report Abuse

PP to raise RM44.54 millions for WORKING CAPITAL.........(emoji : slap on forehead!)
How can 44 millions help to settle Bank Loans of 1 Billions??

Posted by Zek777 > 2023-06-14 11:59 | Report Abuse

inari much better

Posted by Cipta > 2023-06-14 12:01 | Report Abuse

@Welcome88, Exactly! Especially for a company emphasis on HALAL.

Posted by Cipta > 2023-06-14 12:01 | Report Abuse

Bob..perhaps this RM44.5mil is enough to privatized Pharma.

Posted by Darth > 2023-06-14 14:00 | Report Abuse

This is a problem when a company is a GLC thinks like a GLC.
Instead of paying off debts when making profit it accumulates as if any Government coming to Power will able to bail them out.
This company can do great if it's well managed and runned for the future.
At the moment, being under PN17 isn't good as banks won't be lending.
Hopefully LTAT will be able to pump in some cash to revive since they've taken Boustead private.

Posted by Darth > 2023-06-14 14:16 | Report Abuse

The other problem is, when the company is making profits, instead of making a priority to pay off the bank debts, it's been channelled to the main shareholder company.
In this company, Boustead, would have makan.
My guess, same issues like LCS.

Posted by BobAxelrod > 2023-06-14 14:21 | Report Abuse

With over RM600 millions is vaccine cost losses and outstanding short term bank loans due soon of 1 billion, why are they not concerned? More bailouts?? Culprits walked free??

Company is trading in Negative funds and violated Bursa Listing Requirements of below 40 millions...now the PP is for such working capital funds?? Can get out of PN17.......??? What about the incoming Debts...then back to PN17???

Why price is hanging at this levels?? Who is coming to save and pay the bills???

Posted by alenac > 2023-06-14 14:41 | Report Abuse

Looks to restructure its loans and debts to creditors soon if not waiting for the first letter of demand. Just buying time as waiting for the government to bail out this GLC. The market has priced in that government cannot afford to let it go down. What if the government decide to let it collapse since Pharma supplies only 35% of MOH medicine requirements, then the extended 10 years contract to supply medicine is accounted for in the current price and its GLC status or security.

Posted by Cipta > 2023-06-14 14:50 | Report Abuse

Now LTAT control 60% of Pharma, add another 10% it will be 70%

Posted by Cipta > 2023-06-14 14:54 | Report Abuse

It seen Pharma is not prepared to pay the RM600mil debt. Wonder if they collateral vaccine to the loan. :)