Posted by Alex Leow Sze Shen > 2014-01-10 11:15 | Report Abuse

Profit taking in place, today is T+4

Posted by tomatoman79 > 2014-01-10 11:22 | Report Abuse

now can get T+7 lah bro...

Posted by dragonfruits > 2014-01-10 12:12 | Report Abuse

how to get T+7?

Posted by Harvard57 > 2014-01-10 12:49 | Report Abuse

no such thing as T4 lah !! market got all type of margin agreement, T1 to to T12 also can be arranged. If a share want to goreng up your T4 also will go up !!! Moreover how to classify T3 T4,your T3,T4 could be another guy T1 T2 or syndicate T6 T7 !!!
to me hovid is not a very good share,its a trading share only, those traders in kenaga,RHB,Cimb alway play up 0.5 to 1 sen and unload all to market !!! hovid is a typical trading share, just buy red and sell green wont be wrong punya !!

Posted by Alex Leow Sze Shen > 2014-01-10 17:00 | Report Abuse

Hovid - Boost From Drug Patent Expiry

Author: kiasutrader | Publish date: Fri, 10 Jan 16:14

Hovid sees great potential in the coming years. It recently launched generic versions of drugs which went off patent 2011. An estimated USD15bn in medicines have gone off patent in 2013, boosting its potential new products pipeline. Plans are already in place to raise production capacity by 30% in 2014. We value the stock at 42 sen, pegged to 17x CY14F fully diluted EPS – an 18% upside.

We hosted a corporate luncheon with Hovid for our clients in Dec 2013. Management was represented by CFO and executive director Mr Andrew Goh. Given the current trend of patent protection expiry for major “innovator drugs”, management was upbeat on Hovid’s prospects as a generic drug manufacturer. We concur with this view. The company is now ramping up capacity to capitalise on this trend.
Tasty takeaways from the luncheon. Among the notable takeaways from the luncheon were the fact that Hovid: i) recently launched generic versions of two drugs whose patent protection recently expired – these medicines generated a combined USD9.7bn annually in global sales before their patents ended, and ii) is working on a further six generic versions of major drugs in 2014. Based on estimates, there at least 17 drugs – worth USD15bn in total global sales – whose patents expired last year.
3-year (FY13-16) net profit CAGR of 21.9%. Hovid plans to launch 10-12 new products annually going forward. To support its ambitions, the company is: i) expanding capacity at its tablet and capsule plant this year with a planned initial “30% increase”, ii) setting up its own bioequivalence test centre for new generic drugs, and iii) building a new central warehouse to better manage the increase in inventory.
MYR0.42 FV, 18% upside. We value Hovid at 17x CY14F fully diluted EPS, a discount to global peers average of 18x 2014 earnings. That said, while there is a substantial warrant base, we do not think conversions are likely at this juncture. Pre-dilution, Hovid’s share price would be 61 sen at 17x P/E. We like the company for its: i) 21.9% 3-year earnings CAGR, ii) strong exposure to the export market – ie wellpositioned to benefit from further USD/MYR appreciation, iii) net cash position, and iv) decent 15% ROE. This stock is Not Rated.

Posted by mywb > 2014-01-10 18:30 | Report Abuse

http://www.theedgemalaysia.com/business-news/270984-hovid-to-take-advantage-of-rm49b-market-for-off-patent-drugs-rhb.html

Posted by whkwoon > 2014-01-11 17:03 | Report Abuse

Bright Future

Posted by Jeff Wong > 2014-01-11 18:04 | Report Abuse

Finally close at 0.36. Mean successful breakout the resistant 0.355. More upside.

Posted by Alex Leow Sze Shen > 2014-01-11 19:54 | Report Abuse

Can see 10,000 units being sapu-ed last minute on Friday! Meaning Monday breakout is imminent!

Posted by Alex Leow Sze Shen > 2014-01-13 14:48 | Report Abuse

Still a good price to buy in, buy before it's too late! :)

Posted by imehey > 2014-01-13 16:11 | Report Abuse

let's trade carefully as there is no up or down despite high volume.

Posted by Azli > 2014-01-14 05:49 | Report Abuse

It is ok to buy if you want to keep.

Posted by nonames > 2014-01-14 09:56 | Report Abuse

next targeted level RM0.385.

Posted by Wei Xin > 2014-01-14 15:16 | Report Abuse

Does Hovid a growth stock?

Posted by Alex Leow Sze Shen > 2014-01-14 18:03 | Report Abuse

Wei Xin: yes, it's growing and back to profit now!

Posted by Alex Leow Sze Shen > 2014-01-14 18:17 | Report Abuse

http://www.btimes.com.my/Current_News/BTIMES/articles/10HOVID/Article/

Posted by Tessa Joseph > 2014-01-14 18:33 | Report Abuse

hmmm... :)

Posted by love2trade > 2014-01-14 22:01 | Report Abuse

i will wait at 0.30....... see how first. I can see this is worth to invest for middle-long term.

Posted by Alex Leow Sze Shen > 2014-01-15 09:52 | Report Abuse

love2trade, then u slow slow wait 50 years!

Posted by love2trade > 2014-01-15 18:09 | Report Abuse

lol

Posted by love2trade > 2014-01-15 18:09 | Report Abuse

just 0.055 gap only ma

Posted by singinvestor > 2014-01-15 19:06 | Report Abuse

Oh should be love to wait. :)

Posted by Alex Leow Sze Shen > 2014-01-15 19:27 | Report Abuse

u will get 0.30 if Hovid masuk PN-17!

Posted by dragonfruits > 2014-01-15 21:32 | Report Abuse

warrent still cheap compare to mother?

Posted by Alex Leow Sze Shen > 2014-01-15 22:32 | Report Abuse

exercise price is 0.18!

Posted by Windrunner > 2014-01-16 11:27 | Report Abuse

no momentum for cny, keep for few more months perhaps

Posted by Alex Leow Sze Shen > 2014-01-16 22:02 | Report Abuse

still got next week to go!

Posted by Wee Shiong Cheong > 2014-01-20 23:32 | Report Abuse

drug bzness is most profitable bzness

Posted by angclg > 2014-01-21 11:47 | Report Abuse

slow and not moving....

Posted by gangnam > 2014-01-21 16:04 | Report Abuse

Hovid has ROE of between 12.5% to 13.1% from 2012 to 2013 which is better than current FD rate of 3%, beneficiary of weak ringgit as Hovid imports most of its raw materials and derives half of its sales from the export markets denominated in USD....

Source:

https://www.google.com/search?q=Beneficiary+of+weak+ringgit+Hovid+imports+most+of+its+raw+materials+and+derives+half+of+its+sales+from+the+export+markets.&oq=Beneficiary+of+weak+ringgit+Hovid+imports+most+of+its+raw+materials+and+derives+half+of+its+sales+from+the+export+markets.&aqs=chrome..69i57.24505129j0j0&sourceid=chrome&espv=210&es_sm=122&ie=UTF-8

Posted by Alex Leow Sze Shen > 2014-01-22 19:46 | Report Abuse

20SMA going to hit over 50SMA soon!

Posted by bowman > 2014-01-22 20:40 | Report Abuse

so alex, run or stay?

Posted by dragonfruits > 2014-01-23 04:08 | Report Abuse

buy warrent or mother?

Posted by love2trade > 2014-01-23 08:02 | Report Abuse

stay for 5 years

Posted by Alex Leow Sze Shen > 2014-01-23 09:34 | Report Abuse

stay tight bowman! :)

Posted by Alex Leow Sze Shen > 2014-01-23 09:34 | Report Abuse

warrant & mother also good buy!

Posted by Kim Yap Lau > 2014-01-23 16:26 | Report Abuse

come on 30sen as say earlier... no need pn17... no need 5 years

Posted by Alex Leow Sze Shen > 2014-01-23 18:53 | Report Abuse

tomorrow push back 0.35! Today clear contra players

Posted by bowman > 2014-01-24 22:01 | Report Abuse

i huntum mother shares ... now i am dang worry leh

Posted by member41 > 2014-01-25 00:29 | Report Abuse

What happen few day back 36

Posted by Alex Leow Sze Shen > 2014-01-25 00:49 | Report Abuse

no worry, just technical drop! Will be back soon! :) Lowest is 0.335 only then it will rebound!

Posted by member41 > 2014-01-25 01:28 | Report Abuse

Ok add more then

Posted by mikekong55 > 2014-01-25 07:29 | Report Abuse

member41. look see first

Posted by KY Lau > 2014-01-25 20:47 | Report Abuse

further drop follow DOW... big ang pow...mari mari

Posted by member41 > 2014-01-26 10:21 | Report Abuse

Mike u r back. How's Europe? Haha you like Hovid drug?

Posted by AyamTua > 2014-01-26 11:07 | Report Abuse

the only drug stock that masih murah dan terus stay murah kah?

Posted by mikekong55 > 2014-01-26 11:39 | Report Abuse

member41. back 2 weeks ago. consider when below 0.305 much safer.

Posted by member41 > 2014-01-26 20:12 | Report Abuse

Ok thanks mike sir. The Review on tocovid suprabio looks good.

Posted by bowman > 2014-01-27 22:31 | Report Abuse

tocovid awaiting FDA reclassification. if it happens, its' just as good a pfizer during the viagra days

Posted by DaitoRyu > 2014-01-28 10:34 | Report Abuse

Unfortunately Tocovid will not give you a hard on, like Viagra,so the demand is unlikely to be as high. But potentially some upside ;-)