look at Pharmaniaga's profits. Hovid will probably report the same since both are in same business.while one is GLC, the other is Chinaman run. I think Hovid spring a surprise - judging from the demand for the stocks since it 0.40 break. Keep fingers crossed - may it surprise all with the favourable currency exchange. Good luck!
what will surprise us is the revenue and profit, since capacity expanded. Currently without expanded, it's already in 100% capacity, once capacity commencing April/May'15, it will be flying colours on Q3/Q4 results.
Pharmaniaga Holdings Bhd’s net profit for the fourth quarter ended Dec 31, 2014 jumped 76% to RM36.69 million, from RM20.81 million a year earlier, on the back of a 10% increase in revenue to RM627.1 million, versus RM567.86 million previously.
Pharmaniaga (fundamental: 0.75; valuation: 2.10) also declared a dividend of 12 sen per share. For the financial year ended Dec 31, Pharmaniaga’s net profit surged to RM93.84 million, from RM55.2 millionl; revenue rose to RM2.12 billion, from RM1.95 billion.
hopefully hovid follow as well, jump 20% is good enough..
Wait today(else tomorrow) for result released, also decide your own, if breaks TP0.45-0.46. Expecting very good result as what Pharma just released yesterday. 0.45 entry price if high but no one knows is it high, only goreng syndicate knows what is the TP to hit.
However based on buy transactions, Grandpine bought from 0.41-0.45.
Hovid is conservative company but a well managed one. Not the size of Pharma but if my guess is right, 0.50 should be first TP after tomorrow. Share is still hovering 0.44-0.45 - two star formation amid the rise over past two weeks. until now, there is no quick-sell, so one can anticipate good results. If guess is right again, it should jump tomorrow. Bad news travel faster than good news.
yes, everyone still waiting for qtr result. Also I like the above comment from Bowman
0.50 should be first TP after tomorrow. Share is still hovering 0.44-0.45 - two star formation amid the rise over past two weeks. until now, there is no quick-sell, so one can anticipate good results. If guess is right again, it should jump tomorrow. Bad news travel faster than good news.
PHARMA & CCMDBIO both moving quite well after better result was released. Stay tuned with HOVID's turn tomorrow (Thursday onwards)...
EX-date 10/03/2015 Entitlement date 12/03/2015 Entitlement time 05:00:00 PM Entitlement subject Interim Dividend Entitlement description Interim Dividend of 0.5 sen per share under the single tier system for the financial year ending 30 June 2015
Logic Trading Analysis:After reading latest RHB research, I am very confident with my target price 0.46 to be hit and next 0.60
After breaking 0.46 with this Q2 result, next breaks TP0.60 with Q3, and Q4 will see 0.80-1.00 level. Provided Hovid keeps performing with better results, year 2015 is good for Healthcare/Medicine industry, Year 2016 even better for Hovid!
If compare with previous 2 year, current year 2nd quarter slightly better. Hovid need to wait until new capacity to kick in in order to move again. I expect tomorrow share price will down.. but will be good time to accumulate..
Just buy on weakness. 40 to 45 still consider cheap if you are long term investor. The price expected to reach 60 end of this year if new plant operate smoothly.
I did'nt buy and sell shares every day. Tired to monitor every day. Just let the speculator playing there. So long the fundamental is strong I will hold. Just treat it as Fixed deposit. I believe next year will be a different year for HOVID.
this quarter they give dividend again, its show their ability and good cash flow.. can just hold till year end and treat it as long term investment.. this company will never turn wrong... :D next mega trend will be health sector
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....
Shrekk
267 posts
Posted by Shrekk > 2015-02-23 12:44 | Report Abuse
Never sell too early or we'll regret later. The upside momentum is still there.