THE EDGE MARKET KUALA LUMPUR (April 20): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Tuesday, April 21) could be: Sunsuria Bhd, AEON Credit Service (M) Bhd ( Financial Dashboard), IGB Corp Bhd ( Financial Dashboard), Ecofirst Consolidated Bhd, Emas Kiara Industries Bhd (Financial Dashboard), Top Glove Corp Bhd, Nexgram Holdings Bhd, Nestle Bhd ( Financial Dashboard), Axis Real Estate Investment Trust (Axis REIT) ( Financial Dashboard), See Hup Consolidated Bhd, Jobstreet Corp Bhd ( Financial Dashboard), Suiwah Corp Bhd ( Financial Dashboard), Hovid Bhd ( Financial Dashboard) and Bioalpha Holdings Bhd.
Generic pharmaceutical products maker Hovid Bhd saw Kumpulan Wang Persaraan (KWAP) emerged as its substantial shareholder, after a procurement of five million shares from the open market on April 8.
In a filing with the local exchange, Hovid (fundamental: 2.1; valuation: 0.5) said the retirement fund had 38.5 million shares or 5.042% stake in it as at April 8.
On April 9, KWAP acquired a further two million shares, increasing its stake in Hovid to 5.3% or 40.5 million shares.
hovid has just started its engine... rm1 can be easily reached in 2 months time... hovid-wb is gaining ground too, i would say thats a better buy at the moment
Fund manager loading up shares to invest . For long term parking . Where else to park ma pharmaceutical co with stil cheap share . Compare to apex . Pharmaniaga etc
can you imagine all these big fund kwap, epf,isurance co ,all others lth, ltat etc taking up , they swallow those shares for keep so much less share available and small fry like me gulping a few M, sure naik ma kikiki. , kwap and epf have beenunloading fgv from 5rm to 2rm, now must park the money somewhere ki ki
less than 10% float for pharmaniaga, well control by fund manager, small fry will get fried if enter at high price. but hovid float is till around 49% plenty to go round for small fry to take up stakes now b4 the big boys clean up every thing till less than 10 % float.
when its price 0.45, i wanted to buy. when it goes up to 0.50, i regret that i din buy. now it is 0.55, i feel like going to bang the wall. will it go upper and upper? still worth to buy now?
Karen, just buy if you're confident. If you're not confident just leave it and do not need to monitor its price wasting your time. Hesitation kills. We're targeting RM1.00+ for hovid this show has just begun.
You target RM 1... I target RM10 in a few years taken into consideration the ringgit's performance and inflationary pressures. If Hovid's products do well in the market and some big companies target Hovid, well, that will be pretty interesting....especially for those anti cholesterol stuff. However along the way when its price starts to tank for whatever reasons, then run and later pick it up again when things look up again.
Ubat copy cat or not is still ok. Patent expire means everyone can use it. As long as sustainable growth & steady, its ok. These days not many new antibiotics being invented anyway.
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....
tewnama
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Posted by tewnama > 2015-04-20 23:23 | Report Abuse
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