nathan88, could be few reasons to drive a share up. 1. future earning to be improve due to good demand on the product 2. company positive announcement such as espansion or dividend 3. under valued due to recent extradionary company result. so hovid fall into which 1?
Hold long term, 1. its a turnaround.2.dividend..good..better...3. new products like clopidogrel for heart stent patients, aspirin..lovely taste vitamins.etc..etc..earnings sure improve.I accumulate from 23, 28. 34.now 37.5. 78K investment recovered 4.2k dividend,the party has just begun..hope music dont stop, dance to the Funny technicals. Fundementals..GOOD.Do your own study.
Thesteward, sorry for late reply here. As suggested by my remisier and friends, Hovid is my latest investment. I bought 200K worth of Hovid at 0.35. The main salient point that interest me is that Hovid is producing generic drugs pending expiry of property rights on selected drugs. Now, with high prices of drugs from western countries, Hovid is among few local company that can capture those huge export markets. I will update Hovid as time comes. Thank you.
Uncle z, the final word. thank You from me,you echo what wisdom, it took me years to realise.Buy GOOD companies, evaluate consistently, collect n accumulate the small seeds of dividend, watch the trends of vol.Dont jump around like monkey., dance to good music. plant n increase crop if still GOOD tune. Enjoy the slow waltz until the vol and tune goes faster. then dance the Ballroom waltz.
No way below 34. Only way is up,Once results out. The9 day conversion still above 26 day base. technically holding well,wait quarterly results , confirm strong fun d ment aalls.if you want.I m IN for medium term. Good dividend, since Dec ROI more than 5% from dividend alone.overall 20.4%.....he ... he... small is beautiful.Nice music to dance.not too fast not too slow.......Good for over 60"s.
Take carotech shares and make Bonfire....its ANCIENT History ... learn from it,dont live in it....want to feel young....move on my dear. The Past is gone The future uncertain... I wanna b here in the PRESENT,n take the prize.
Hovid is a monopoly biz. Previously the share price went up down years after years due to mismanagement. Now, the new management has came up with the transformation sales plan. Hovid is no longer an animal like what was him in the past. From losses in 2011 to encouraging positive territory q to q nowadays. Lets follow uncle z this guy is damn humble and sincere. Good luck guys...
azog, your eps calculation is wrong. The EPS for the latest qtr is only 0.48 sen. If you assume the same EPS for the next 3 qtrs then the total EPS is only 0.48 sen x 4, giving only 1.92 sen. That would give it a PE of 18.5, not 1.85!
Yes, my overlook, it is 0.0048cts not 0.048 cts hence forward PE is 18.5. Thanks guy. Btw, strongly believe that next q will be much better and this reputable company will be the next growth story.
There's a lot of investment blogs in Malaysia but unclez blog is different, when you read his articles you will notice that his words are really sincere and humble in sharing his thoughts as a veteran investor. Believe me that he will never dump his shares after recommending them in his blog as what a lot of selfish investment bloggers are doing. I must be thankful to him as I made a lot from dsonic, ock and presbhd those stocks I would never touch if I have not accidentally reached his blog last year.
Good luck guys unclez latest pick hovid is still waiting you at a reasonable price.
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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....
traderman
7,854 posts
Posted by traderman > 2014-04-23 21:42 | Report Abuse
nathan88, could be few reasons to drive a share up. 1. future earning to be improve due to good demand on the product 2. company positive announcement such as espansion or dividend 3. under valued due to recent extradionary company result. so hovid fall into which 1?