This is a very controlled share - no matter how many selling, more will buy and when more buyers move in, sellers let go. that is why it is trading sideways. It will only move if there is a major economic news affecting this counter.
Disposed? 5:42PM HOVID Lembaga Tabung Haji (2,500,000 units Disposed) 5:13PM HOVID Resignation of Liong Kam Hon As Executive Director 7:03AM HOVID Lembaga Tabung Haji (2,500,000 units Disposed) 7:01AM HOVID Lembaga Tabung Haji (2,118,900 units Disposed) 7:01AM HOVID Resignation of Liong Kam Hon As Executive Director Apa dah jadi?
this is what i like most "53% revenue from export" . Hopefully a great QR by next week..
Hovid started off as a herbal tea maker in 1941 and began producing generic drugs in the 1980s. It prides itself on having the largest export sales among Malaysia-listed pharma companies, deriving half of its revenue (53% in FY13) from exports. It also has a strong R&D culture, judging from its long list of accolades in manufacturing innovations. These positives are no longer eclipsed by its loss-making subsidiary, Carotech, which it disposed of in 2011.
One thing for sure, you won't rugi much on this counter, just wait it to bloom! If you want fast, then you might want to find other counter like Sona...but for me I prefer stable and good fundamental company with less downside risk :)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
joni
1,259 posts
Posted by joni > 2014-02-19 16:52 | Report Abuse
volumn pick up strong, buy on bull