Posted by leslieroycarter > 2013-10-22 12:25 | Report Abuse

heed the advice when all the good news are out , time to sell aggressively n buy back when it is back to normal . Retracement is imminent looking by the oversold position.

Posted by akito > 2013-10-22 14:27 | Report Abuse

TP 43 cents


Hovid Bhd - Back in the pink of health
We think that investors may have overlooked the potential of Hovid’s
pharmaceutical business and efforts to register tocotrienols (a type of Vitamin
E) as a US FDA-approved drug. These positives also appear to be eclipsed by
losses at its Carotech subsidiary over the past few years. FY6/13 net profit was
the best since FY07 while revenue ex-Carotech hit a record high. Hovid is well
positioned to tap the growing healthcare spending in Malaysia and other
emerging economies. This, plus its defensive earnings, suggests that Hovid
should be worth RM0.43 conservatively, based on 16.5x CY15 P/E, a 10%
discount to the healthcare sector’s 1-year average forward P/E. This suggests
39% share price upside.

Posted by Kim Yap Lau > 2013-10-22 14:31 | Report Abuse

Hovid as brighter future - Read more: Joining hands to fight stroke

Janet Yeo (fourth from right) with representatives from Ara Damansara Medical Centre, Hovid Bhd, Yee Lee Trading and Caring Pharmacy Retail Management Sdn Bhd at the launch of the National Stroke Campaign.

http://adf.ly/XyKbP

Posted by hamitouzhi > 2013-10-22 14:48 | Report Abuse

http://klse.i3investor.com/blogs/cimbresearchklse/38835.jsp

Posted by Alex Leow Sze Shen > 2013-10-22 14:54 | Report Abuse

Hope it breaks 0.355 today!

Posted by AyamTua > 2013-10-22 19:22 | Report Abuse

kounter obat masih boleh jalan ka? hai obat .. hai obat .. mari beli obat ..

Posted by KakiPatah > 2013-10-22 19:24 | Report Abuse

gila punya ayam! hahaha ..

Posted by Alex Leow Sze Shen > 2013-10-22 21:24 | Report Abuse

Haha! Carta masih lagi mantap!

Posted by Alex Leow Sze Shen > 2013-10-22 23:51 | Report Abuse

Tomorrow should have some profit taking before it go up again!

Posted by Albert Baker > 2013-10-23 00:36 | Report Abuse

Jangan jual ubat macam Do Re Mi !

Posted by KakiPatah > 2013-10-23 00:44 | Report Abuse

P.Ramlee Hai Obat http://www.youtube.com/watch?v=QiJDnvzUp8M

Posted by akito > 2013-10-23 01:41 | Report Abuse

more to come today. I wait for more,

Posted by akito > 2013-10-23 08:29 | Report Abuse

today going higher & higher towards TP of 43 cents.

Posted by Alex Leow Sze Shen > 2013-10-23 09:27 | Report Abuse

Retracing now!

Posted by akito > 2013-10-23 17:40 | Report Abuse

let's see tomorrow,

Posted by akito > 2013-10-23 17:51 | Report Abuse

Posted by Alex Leow Sze Shen > Oct 23, 2013 09:27 AM | Report Abuse

Retracing now!



No Alex, sharks pushing down with 10 to 30 lots to collect cheaper....refer back please. Confident it will go high reaching it's TP of 43 cents, so hold and panic not.

Posted by CityTrader > 2013-10-23 18:14 | Report Abuse

I jst re entered n so long the support 0.34 is not broken.

Posted by CityTrader > 2013-10-23 18:16 | Report Abuse

Oya. It may go low to 0.42 & hope vol is diminishing n form flag or pennant then price ll start bullish.

Posted by CityTrader > 2013-10-23 18:17 | Report Abuse

Sorry. Not 0.42, is 0.32

Posted by lee9fold > 2013-10-23 20:44 | Report Abuse

yo CT...u buy in at 0.34?

Posted by Alex Leow Sze Shen > 2013-10-23 21:26 | Report Abuse

good buy! Good luck everyone!

Posted by Alex Leow Sze Shen > 2013-10-23 21:27 | Report Abuse

Also FYI, if u read Bursa Announcement, David just disposed some of his shares on 18th Oct 2013!

Posted by lee9fold > 2013-10-23 21:53 | Report Abuse

alex...still holding for next high?

Posted by Alex Leow Sze Shen > 2013-10-23 22:47 | Report Abuse

lee9fold: yes, I am still holding it! Confident it will break 0.38 soon!

Posted by lee9fold > 2013-10-23 22:58 | Report Abuse

great! i am holding as well

Posted by akito > 2013-10-23 23:38 | Report Abuse

Alex Leow Sze Shen lee9fold: yes, I am still holding it! Confident it will break 0.38 soon!
23/10/2013 22:47


good for u brother Alex, let's prosper more together. I am also confident that there's more to come. Remember yesterday the sharks are pushing down with 1 to 30 lots continuously and there's nothing much to panic about. Yesterday, profit takers may have added to the selling too but down only half a cent. Let's hope Hovid gets more momentum today and reaching new heights. Cheers & good luck to all too.

Me too collected more at 1 cent cheaper.

Posted by Alex Leow Sze Shen > 2013-10-24 00:09 | Report Abuse

But also bear in mind that director David Ho is selling the shares as well, this gives an impact but I think not serious though

Posted by akito > 2013-10-24 00:32 | Report Abuse

Posted by Alex Leow Sze Shen > Oct 24, 2013 12:09 AM | Report Abuse

But also bear in mind that director David Ho is selling the shares as well, this gives an impact but I think not serious though


Couldn't agree more with you brother Alex. Yes David Ho sold 2,702,100 shares but he still has 292,776,400 shares, so it's only a very small percentage of his holdings that he sold, so it just another normal transaction & nothing too worrying.

Cheers brother Alex & you have a great day too, good luck to you too brother....all the best.

Posted by rookie8833 > 2013-10-24 10:05 | Report Abuse

come on... be objective.. company owner won't simply sell their shares.. So David Ho sale of Hovid share may be an indicator that the share price almost near its peak at least in the short term

Posted by efugor > 2013-10-24 10:20 | Report Abuse

i am still holding too

Posted by Alex Leow Sze Shen > 2013-10-24 10:36 | Report Abuse

Drink Hor Yan Hor Leong Cha more!

Posted by Kutty123 > 2013-10-24 10:37 | Report Abuse

good stock, health care ma...

Posted by Alex Leow Sze Shen > 2013-10-24 11:17 | Report Abuse

Hope it will not be the next sleeping giant like SKPRES

Posted by Alex Leow Sze Shen > 2013-10-24 11:33 | Report Abuse

HOVID - Take Profit For Now.....

INVESTMENT MERIT

- Handsome gain of 38%. Since our initial Trading Buy recommendation on Hovid Bhd (HOVID) at RM0.25 on 8-Nov-2012, the stock has performed very well with 38% appreciation. Note that HOVID share price has outperformed the FBMKLCI’s gain of 10% during the same timeline.

- FY13 earnings grew by 30% but this should have already been priced in. Note that HOVID’s FY13 net profit increased by 30% YoY to RM20.3m which was within our expectation. The earnings growth is due to 18% earnings growth in its pharmaceutical division and the exclusion of Carotech’s losses from FY13 onwards. Overall, we think that the current share price increase of 38% has already priced in the strong earnings growth. Looking ahead into FY14, we think earnings growth could slow down to 23% YoY as due to higher earnings base but it will still deliver a decent set of net profit of RM25m in FY14 due to capacity expansion.

- Take profit for now. HOVID’s valuation of 11.8x FY14E Fwd. PE appears to be slightly stretched at this juncture as compared to FBM Small Cap FY14E Fwd. PE of 9.3x. We value HOVID at RM0.365 by applying 11.1x Fwd. PE. to its FY14E EPS of 3.29 sen. Our 11.1x Fwd. PE is based on 1-year historical PER as the previous data before FY13 incorporate Carotech losses which we think do not reflect current HOVID business structure. Overall, share price upside appears to be minimal.

- But it is still a good long-term investment. Despite our Take Profit recommendation, HOVID long-term prospect remains intact as the Group is actively looking for opportunities in new overseas markets. Its emphasis in research and development (R&D) may also result in higher-margin products in the long run on better pricing power.



SWOT ANALYSIS

- Strength: Continuous input on R&D, rich products portfolio and extensive international network.

- Weaknesses: Potential margin squeeze due to competition.

- Opportunities: Further growth in its extensive international distribution network particularly in healthcare products in developing countries. Introduction of more generic drugs.

- Threats: Slower than expected drugs registration approval.



TECHNICALS

- Resistance: RM0.360 (R1), RM0.390 (R2)

- Support: RM0.340 (S1), RM0.320 (S2)

- Comments: The share price has started to pull back after the recent impressive run, judging from the overbought conditions in key indicators such as RSI and Stochastic. As a result, for short-term trading purpose, we believe this is good time to take some profit off the table.



BUSINESS OVERVIEW

Hovid Berhad (Bursa Code: 7213, HOVID) is engaged in the manufacturing of pharmaceutical and herbal products. The company is a pharmaceutical manufacturer of medicinal preparations and health supplements with more than 300 products distributed over 50 countries globally. Hovid's products include antibiotics, antidiabetics, antihypertensives, antimalarial and anti-inflammatory analgesics ranging from skin care and hair care to health beverages. Its products are manufactured in GMP compliant plants. The group’s popular products include Tocovid SupraBio and Ho Yan Hor Herbal Tea.



BUSINESS SEGMENTS

Hovid’s core business is its Pharmaceutical segment, which is involved in the manufacturing and sale of pharmaceutical products.

Source: Kenanga

Posted by whkwoon > 2013-10-24 17:47 | Report Abuse

Do worry David also need some money, have to sell some shares to cover his loan.

Posted by Alex Leow Sze Shen > 2013-10-24 18:11 | Report Abuse

Sell again! Today Bursa announcement David Ho Sue San sell share!

Posted by nubhan . > 2013-10-24 18:16 | Report Abuse

of course la somebody need to sell shares in order for us to buy. :)

Posted by Stockman > 2013-10-24 18:34 | Report Abuse

More buy today and may go to TP: 0.36

Posted by Alex Leow Sze Shen > 2013-10-24 19:16 | Report Abuse

TP 0.36, so less! LOL

Posted by ameen007 > 2013-10-24 22:28 | Report Abuse

Technical wise seems to have retracement. See whether support can hold.
Seems to be a lot of sellers today for wb but price didn't move that much. Tomorrow is anoth er day. Big up or big down?...

Posted by Alex Leow Sze Shen > 2013-10-24 22:52 | Report Abuse

ameen007: yes, definately will have retracement after big uptrend! Now research house calling to take profit but despite heavy sellers, but price still maintain!

Posted by akito > 2013-10-25 03:57 | Report Abuse

yes, price still maintain & that tells you traders are confident of more upswing. do hold on if you so desire.

Posted by Alex Leow Sze Shen > 2013-10-25 09:30 | Report Abuse

Buying Volume is building up now after T+3 days!

Posted by Wei Xin > 2013-10-25 11:13 | Report Abuse

When quarter report will out?

Posted by Alex Leow Sze Shen > 2013-10-25 11:18 | Report Abuse

end of November

Posted by hamitouzhi > 2013-10-25 13:52 | Report Abuse

dun sell it b4 0.40, u'll regret!

Posted by akito > 2013-10-25 13:54 | Report Abuse

hold on , market down but this counter remain unchanged....what does it tell you??

Posted by Alex Leow Sze Shen > 2013-10-25 14:50 | Report Abuse

It tells me it's still sleeping! LOL

Posted by Alex Leow Sze Shen > 2013-10-25 16:38 | Report Abuse

If today closing 0.35 is a bonus!

Posted by lee9fold > 2013-10-25 19:38 | Report Abuse

stuck?