The Managing Director Ho Sue San holding his company's share around 40% ++, his average cost can be very very low, can be 0.1-0.2 ?? i just guess. But will it let his company close down due to this small mistake?? Family Ho spent how much time to build up their business? Just this case, can let them down?? hmmm....
So many ah peks & neneks own this stock...I was never convinced to buy a single share, just didn't feel right...Black Tuesday for legions of gambling aunties & uncles..
Saw the news and bought this early morning then sold after take profit. Anyway, I saw the impact only Perak facilities is halted, other subsidiaries in Malaysia, Philippine and Hong Kong still working. I think soon it will go back to normal level =D
Pharma produce low quality medicine. Price wise is low. But yet i no see much pharma product in GP nor pharmacy. Last time hospital use pharma because CSL is health minister. Now, i see a lot of other company medicine. Meaning pharma market shrinking. Hovid export will take a hit too. Because competitors are sending email to hovid customer and to hovid customer's customer regarding the latest hovid NOT SAFETY compliance. Imagine u at singapore. GP there dare to give u hovid medicine or not ? Later u said loud loud ... err ... why u prescribe this hovid medicine ? So ... hovid is doom locally and oversea. BOH CHOOOOOOW CCCCCCCCCCCC AAAAAAAAAAAAAAAAAAAAAA !! Sekian tima kasih.
Pharma is govt linked. 10 years concessions from 2010....renewed then.. monopolised public hospitals.. duduk saja lah..... that explains above, I think....hehe:)
im in the medical line.... they will get the license back... unlike ranbaxy in the US where they totally barred them in the market....just buy and keep. its a compliance issue. different from a drug safety and adverse events
whoever who panic sell this morning.. feel your pain. Should have hold on to it. revoking license is part of the SOP by MOH. No one wants it but it serves as a warning to all drug manufacturer. Hovid just need to revamp and comply. Once its done, the MOH will audit. They will eventually get their license back.
Very surprised that when saw the opening price at bidding time 8:55-8:59am at 0.25-0.26, it was 27.5% discounted from RM 0.345.. it is an opportunity or falling bleeding knife ?? hmm..
If u have 7million cash or have fren willing to do rolling today then probably u can control the game already. I'd u don't willing to standby 7 million here them worst case I continue fall.
Difficult for falling knife ncoz the business impact is not too huge
if i have 7 million, then i just keep in FD, will never touch in stock market again.. if itchy then just use some of portion to buy blue chip just get the dividen which is double higher than FD...lol
As people work in pharmacy, Hovid product range available in market either in government or private in less and unattractive.
In government health facility( secondary type clinics) only 2 or 3 product out of 150 product available are Hovid product while rest were from CCMDUOPHARMA or its subsidary UPHA PHARMACEUTICAL,PHARMANIAGA or its subsidary IDAMAN PHARMA,APEX HEALTHCARE via its subsidary XEPA-SOUL PATTINSON,ROYCE and other KKM/MOH tendered via PHARMANIAGA LOGISTICS.
Beside purchase price by government of HOVID product were very little margin,some product margin were only RM0.005 per 100 tablet.
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....
alexsee
1,349 posts
Posted by alexsee > 2017-01-10 10:21 | Report Abuse
The Managing Director Ho Sue San holding his company's share around 40% ++, his average cost can be very very low, can be 0.1-0.2 ?? i just guess. But will it let his company close down due to this small mistake?? Family Ho spent how much time to build up their business? Just this case, can let them down?? hmmm....