According to Prospectus issued by the company recently, in page 4, the theorical fair value of WB is RM0.11 whcih was determined using the Black-Scholes Option Pricing Model, and with HOVID at 23.0sen, that means the WB is now worth even more since the mother share has gone up to 25.0 sen, easily 13 sen when market improves.
WB: only 17% premiuim, is considered very very cheap as it has another close to 5 years to mature, somemore, the company is turning around with good profit expected to be announced by this month end.
Fully agreed with setia2u....tough nut to crack & eat counter...something not right with the current management . got good manufacturing contract & yet cannot make profit....wonder they have something unable to review....anyway poor record history if one can remember Carotide - delisted finally
Time to change the name of this company, from HOVID Berhad to Hovid Pharmaceutical Berhad!!! The word 'Pharmaceutical' carries a lot of weight and values. David Ho please takes my suggestion seriously. Being an investor, I do hope the share price can fully reflect the value of the company, I think you as a owner and major shareholder too, don't you?
Like what the boss said earlier in BFM interview, they were still in ICU BUT will be discharged soon by this year end, so looking at the results and the price movements these few days, I'd believe so.
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....
divine
1,153 posts
Posted by divine > 2013-06-19 21:03 | Report Abuse
Ameera...any info to push hovid up?
it fell today