DavC sifu........ Dont worry....just average down. M sure you will be able to collect at 0.28 when bad news forgotten, will soon go up again. Be patient. May take a few months. In the meantime, just reap the dividend lor......
DavC.. i understand your feelings... imagine i bought vivocom at 0.26 had to cut my losess. till today that thing still diving ... for hovid.. i think in 6-9 months it will touch 0.38-0.4 mark... if you are not cash tight.. just hold on.. imagine their expansion gonna start functioning once the license issue is solved.. you have a better streamline of revenue. If you wanna cut losses.. just wait till QR and see whether there is any slight boost... all the best DavC
.till year low; if i ever buy.The stigma attached to wrong labelling is horendrous. whole marketing strategy is topsy turvy. Have to clear Audit; then build back the confidence. Feel sad for the those in it when it dived.
aceso....thanks for the advice. I'm not sure what i wanna do next. if the price continue to go up, i will keep. When is the Quarter report will be out?
I dont think anyone should touch anymore if you didnt buy in a few weeks back.... like what Huatrex say its true.. unless you willing to hold for 4-5months at min. then go ahead.. its a good long term for those who want to diversify their portfolio
Yes....we are investors! Definitely will touch 36 cents. Problems will soon be rectified. Directors, managers n downline in pharmaceutical companies will exercise greater precaution in production hence gaining back the confidence of consumers.
i have been collecting the hovid warrant since the panic sell down in early Jan. To me, license suspended only due to the packaging error. Nothing to worry. The new production just started, research centre and so forth. Coming QR result maybe only so so, but if you hold for longer term. I believe this counter will goes back to the normal price once the license reissue back from ministry. Just my comment, cheers!
i dont think QR will make any impact this time around.. everyone is awaiting when they will get their license back and if its after April then hovid will drop further.. if its earlier.. u will sudden spark from insider news...
Asian market trending up. Guess Hovid will get back license very soon! Management will take special precaution to ensure safety of their pharmaceutical products. Nothing to worry! Will have minimal effect on the next quarterly report. Company making good profits every year!!!
huatrex.. i dont think you are in pharma line... why not you go and speak to those in pharma line and see how hovid is doing.. despite license revoked.. pharmacy still selling them. GPs still ordering on normal basis lol
Business will be as usual. The main reason for low profit in the past 2-3 years.. they are investing heavily on FDA and EU approved trial setup..Once Hovid products are FDA approved (not all only certain), is like a gold mine which they can have access in any market that allow FDA tags on them.
Do you know what is Phase III and Phase IV trial? you think is cheap to run an bioequilavent drug trial? lol is a bet and risk taking.. once the drug trial fails.. money gone lol. Generic drugs will always make money but they will never grow big because bigger pharma firms usualy eat them out.. LIKE STOCK MARKET
btw, no generic drugs on earth make HELLA MONEY... even Sandoz from Novartis is making minimal profit so that they can retain their popular drugs and prevent generic drug companies from eating into their share pie
leslieroycarter. dont go in if you are not gonna hold long... unless you want earn big then go read out Tocovid progress.. then you know this stock is for long long term. 1-2 years at least
Market is bullish, don't waste your opportunity cost here. You can earn a lot out there. Good luck. This is a very long term stock and now it is below 200sma, down trending
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....
DavC
31 posts
Posted by DavC > 2017-01-23 11:13 | Report Abuse
me at 0.355...hate that