Posted by PenguinDad > 2017-10-30 08:05 | Report Abuse

sitia, sometime insider information is very useful but if say everything i will be giving away totally.

Posted by kevin5059 > 2017-10-30 10:26 | Report Abuse

It is very obvious right sitia. PenguinDad said that the big giant he spoke to "recommend" to REJECT the 0.38 offer.

As a small fish in stock market, nothing much we can do, however remember there are few big fund that currently hold HOVID too if you look at their annual report. If those big funds also reject the 0.38 offer, then there is a big chances HOVID can't get 90% of their floating share and delist will be unsuccessful.

Just put your feet into HOVID management shoe, if they willing to buy HOVID share at 0.38, do you think HOVID only worth 0.38? It is definitely worth more than that right or else Mr. HO will never borrow money from financial institution to buy back our share.

so my direction is NOT to sell at 0.38. It is way too cheap for that. Even before the licence issue early of this year, HOVID was able to produce EPS that is able to sustain the share price at RM 0.40. Now with the new manufacturing facility and R&D centre completed end of this year, we should see at least 10-30% EPS grow. And their want to buy back from us at 0.38. You decide you want to sell or not.

Posted by ttengooi > 2017-10-30 12:35 | Report Abuse

Kevin5059,I totally agreed with your comment on this topic,we buy this counter cos we trust it is worth to invest,then why we surrender at 0.38?

Posted by Daily8 > 2017-10-30 15:56 | Report Abuse

Kevin5059, wah... U said so correct compared to it penguindad.

Question Is, if you don't sell , how ? What happen then?

Posted by Daily8 > 2017-10-30 15:58 | Report Abuse

PenguinDad sitia, sometime insider information is very useful but if say everything i will be giving away totally.

Apa maksud ni? Wah lan.... so selfish meh

Posted by Hua Joshuaayoung > 2017-10-30 20:58 | Report Abuse

letter out liao.....you decide sell or not to sell!

Posted by Lck80 > 2017-10-30 21:15 | Report Abuse

I still not receive letter.

Posted by Daily8 > 2017-10-30 21:52 | Report Abuse

Not yet received letter ler............

I think it's undervalued.......................

Posted by sitia > 2017-10-30 22:53 | Report Abuse

kevin5059, thank you for your opinion. Basically, we, the shareholders for now shared the same thoughts about Hovid.

First, we need to know how long more after the letter of Offer, when do we know the result? (successful take over -OR- not successful takeover)

What happened after the UNsuccessful TAKEOVER?

Will Hovid still be in BURSA?

Posted by sitia > 2017-10-30 22:56 | Report Abuse

Thanks penguindad. No offence, hope you could drop us your opinions.
Appreciate all. Cheers.

Posted by sitia > 2017-10-30 23:42 | Report Abuse

hoplanner, I think those who have submitted earlier, IF the take over unsuccessful, will wait for another OFFER.

Meaning 38 cents will not materialized.

They will throw new offer again.

ALSO, .....my concern is they may give lower offer (less than 38) what IF????

TO MAKE SURE MORE SELLERS THIS TIME?

I don't know....I scare they will do such thing.

Posted by PenguinDad > 2017-10-31 08:49 | Report Abuse

sitia, if 1st round can't reach the 90% that means take over 1st round fail. Collecting mode now!

Posted by mjra > 2017-10-31 11:18 | Report Abuse

Hovid despatches takeover offer documents, today paper. Small investors, if dont accept offer whats next, waiting for natural death or windfall?

Posted by kevin5059 > 2017-10-31 11:18 | Report Abuse

my understanding is. If the offerer managed to get 90%+, then you have NO option, they will just send you the cheque or bank in you 0.38 and get the remainding 10% shared back and DELIST.

If they manage to get 70/75% (not sure the number), then the offerer can decide to go DELIST or maintain listing in Bursa. If maintain listing in Bursa, nothing different from now. If delist, then those share holders who are not selling at 0.38 will still the shareholder for HOVID, but you can't trade the stock in the market. If you want HOVID to buy back your share, you need to write them a letter. On the other hand, HOVID will need to send you quarter report by post/email quarterly to update you the company's progress (CANNOT get in bursa anymore).

My point of view is, HOVID surely want 100%, if not they need to send report to every shareholders again in the future to update them. If HOVID give dividend in the future, then you still entitle for that, just you can't get the update from Bursa.

The different is, if they delist and you still the shareholder, you get update from company directly but not bursa. And you can't sell your shared openly in the market.

There are cases where companies went delist and still gave even better dividend. Cause the major shareholder hold majority of the share now, he/she want more dividend. As a minority share holder in a DELIST company, you still get the dividend.

in short, if you think HOVID going to make lot of money (which I believe it will), then hold and don sell. 0.38 is an insult to me. Company like this could easily hit RM0.80 in few years.

Posted by PeterNg > 2017-10-31 12:25 | Report Abuse

Take over still on going. Now see how much they can brought it.

Posted by PeterNg > 2017-10-31 12:25 | Report Abuse

I not sure why the coming AGM proposed to approve buy back share?

Posted by PenguinDad > 2017-10-31 13:46 | Report Abuse

PeterNg, Use your money to help privatization.

Posted by sitia > 2017-10-31 13:50 | Report Abuse

kevin5059,thanks for the clarity of the information.

I understand if you really need to sell your shares at 38 cents, you need to go to the Securities do sign a form too. For this, you need to check with your Remisier/Trader.

For my understanding, the BIG SHAREHOLDERS ALWAYS WIN (No matter what).
They have the veto power of deciding the fate.

The small shareholders only follow through.

Basically, all you mentioned is CORRECT.

Posted by sitia > 2017-10-31 21:54 | Report Abuse

I'm so dilemmma......sell or not sell...................:((((((

Posted by Czarll > 2017-10-31 22:11 | Report Abuse

100,001 – 41,044,427 shares * 836 holder 327,359,321 39.88%

Posted by Czarll > 2017-10-31 22:15 | Report Abuse

RHB CAPITAL NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR FONG SILING (CEB)
10,000,000 1.22

Posted by Czarll > 2017-10-31 22:16 | Report Abuse

FONG SILING
10,000,000 1.22%

Posted by Daily8 > 2017-11-01 16:21 | Report Abuse

Meaning

Posted by Daily8 > 2017-11-01 17:21 | Report Abuse

Received from from David ho

Posted by sitia > 2017-11-01 18:22 | Report Abuse

As I read Offer Take Over booklet tho CIMB

HSS have 276,803,400 (33.72%) and warrants 140,390,220 (43.57%)

Posted by dzueyane > 2017-11-02 09:37 | Report Abuse

"CONDITIONAL VOLUNTARY TAKE-OVER OFFER BY THE JOINT OFFERORS THROUGH CIMB INVESTMENT BANK BERHAD ("CIMB") TO ACQUIRE ALL THE REMAINING ORDINARY SHARESAND WARRANTS OF HOVID BERHAD ("HOVID") NOT ALREADY HELD BY THE JOINT OFFERORS FOR A CASH OFFER PRICE OF RM0.38 PER OFFER SHARE AND RM0.20 PER OFFERWARRANT ("OFFER")" I already received this msg...................

Posted by Jeer > 2017-11-02 10:31 | Report Abuse

Whatever happened to hovid. Maybe will still hold

Posted by kevin5059 > 2017-11-02 15:53 | Report Abuse

Even Cold eye Fong Siling is holding HOVID. Can't be wrong to hold it. RM0.38? NO way, I'm not selling anything below Rm 0.50.

Posted by Asria > 2017-11-02 15:55 | Report Abuse

Agreed dont sale it cheap, JUST KEEP IT for higher offer

Posted by sitia > 2017-11-02 16:07 | Report Abuse

agreed too

Posted by sitia > 2017-11-02 16:14 | Report Abuse

Kevin5059, how much is Fong Siling holding Hovid shares?

Posted by king36 > 2017-11-02 16:16 | Report Abuse

I've kept it for a few yrs.
Will not sell unless over 0.80.
Thanks kevin5059 for your good explanation.

Posted by smartly > 2017-11-02 16:19 | Report Abuse

ikan bilis like us can't make any diff whether you decide to take up the offer or not...eventually the big one will have their say on this, we are just very much a follower.

Posted by sitia > 2017-11-02 16:57 | Report Abuse

king36, I'm surprised that you didn't sell when there was opportunity. Can you share your view please?

Posted by Kc1983 > 2017-11-02 22:18 | Report Abuse

For a conditional offer, the offerer must receive acceptance resulting in the offerer holding more than 50% in order for the offer to be successful. If the offerer is unable to receive acceptances resulting in the offered holding at least 50%, the offer will fail and the shares of those who have accepted the offer will be returned. In other words, accepting shareholders don't get paid and things maintain at status quo.

If the offered achieves acceptance of more than 50% but not able to reach the requisite threshold for delisting or compulsory acquisition, those who have accepted the offer will get paid for their acceptance as the offer is successful. However, as the threshold for deleting is not achieved, company will continue to be listed and those who have not accepted the offer will continue holding shares which are tradeable.

Posted by hoplanner > 2017-11-02 23:37 | Report Abuse

Kc1983 tks for info

Posted by kevin5059 > 2017-11-03 10:59 | Report Abuse

I would prefer to have HOVID to continue listing. Imagine if Mr. Ho willing to buy at 0.38, meaning the company is worth more than that. He knew it better than anyone else.

Assume that Cold Eyes holding 1.22%, and he is not selling. And Mr. Ho need to get 90% of the share to be able to trigger the compulsory take over. 10%-1.22%=8.78% left. As long as our small minority share holder not selling more than 8.78%. Then Mr. Ho have to make better offer.

Posted by kevin5059 > 2017-11-03 11:30 | Report Abuse

Let's work closely together all small shareholders here. DON sell and force Mr. HO to give better offer.

Posted by pundekman > 2017-11-03 11:56 | Report Abuse

m not selling

Posted by Czarll > 2017-11-03 11:57 | Report Abuse

90%强制收购是要扣除david ho已经持有的股份，所以冷眼的1.22%应该是在反对收购里占1.84%。
除了冷眼，在30大股东里，基金和个人持股多年的要达强制收购应该很渺茫。2017的annual report 出现morgan Stanley 持有warrant。morgan Stanley 在2015年财报当时是30大股东，后来卖出了，这次再次出现在30大持warrant。

Posted by Asria > 2017-11-03 12:01 | Report Abuse

will keep hold it

Posted by kevin5059 > 2017-11-03 13:51 | Report Abuse

Thanks Czarll. Look like the chances for Mr Ho to get 90% from the floating shares is very low. I'm holding it for sure.

Posted by Czarll > 2017-11-03 14:53 | Report Abuse

何人可比较出色的地方或许是大部分人不为意的胶囊，药囊。。。何人可本身并没有生产tocovid suprabio,而是拥有这项关于人体吸收的专利技术。换句话说，目前何人可虽然没有什么王牌药物专利，但它掌握了关于药物吸收的药囊技术，这对仿制药企来说是非常强的竞争优势。药囊在药物有效性上扮演了非常重要的角色，药囊会在人体那个部位分解，融合，吸收，大大提升了药物的有效性。。。何人可于2004年左右拥有相关的专利

非专业人士的非专业见解，买卖自负。。。

Posted by Czarll > 2017-11-03 15:07 | Report Abuse

*药囊，药膜。。。。。药的表面。

Posted by simon2020 > 2017-11-03 17:16 | Report Abuse

still have 105k shares, will keep until better offer then rm0.38 from Hovid. like mbfh was forced to make a better offer last time to take it private

Posted by hovid > 2017-11-03 17:49 | Report Abuse

is there got closing date to buy in, in order qualify to receive offer RM0.38?

Posted by simon2020 > 2017-11-04 01:04 | Report Abuse

Quote from MBFH privatisation case study"
From The Star:
KUALA LUMPUR: MBf Holdings Bhd (MBf) major shareholder, Tan Sri Dr Ninian Mogan Lourdenadin has raised his takeover offer price for the remaining shares and warrants following opposition from minority shareholders.

Ninian and parties acting in concert with him announced on Thursday the offer shares were revised from RM1.50 to RM1.70 and the warrants from 50 sen to 70 sen.

Most importantly, shareholders who had accepted the original offer would also benefit from the higher revised offer and they would receive the incremental increase within 10 days.

MBf said the revised offer would be kept open for acceptances until 5pm on April 3, which is the extended closing date.

At midday, MBf shares rallied 18 sen to RM1.70 and the warrants gained 16.5 sen to 66 sen. "

https://klse.i3investor.com/servlets/stk/ta/1236.jsp

Posted by simon2020 > 2017-11-04 13:43 | Report Abuse

This is only the first deadline...if the required threshold not achieved as HSS only holds 34%, he will extend the offer date as the case of MBFH...an indication of whether threshhold achieved or not? will be the movement of Hovid share price and its volume...

Posted by hovid > 2017-11-04 14:40 | Report Abuse

so no need fill up the form and send back and just leave it? Btw, if want attend AGM personally, should I need fill up proxy? form and return?

Posted by sitia > 2017-11-04 15:34 | Report Abuse

Penguindad; thanks for the link. If we could know how much is fong siling share, direction is clearer