punters had collected around 30c level for a no of months ; u could find 2-3 times of high activities that vol exceeded 50 millions traded , others were traded in v small vol , most probably collected in low price at 24c-35c . Looking forward to 45c when it will hit its top level again given the future of its business is well assured in Health care industry.
They suppose to rectify the Ipoh plant by now and expecting to resume operation by May. The price should goes up in between now to May. So u may try to grab now b4 May.
This counter aint going anywhere for a while. Even if that last license reinstated (with small bump up in price) qrtrly report or general outlook for 2017 aint going to br great and probably going to keep this counter around 0.35 for a while. Doubt that it will drop much lower but yeah, if u are already invested (like me) gonna stay put until my investment turns positive (around 0.36) and weigh my options from there.
Lol suddenly everyone decided to join this boat.. good good... well wait till 2nd and 3rd qtr report. Careful of 1st qtr.. you need to into account of the halt in manufacturing but they have enough stocks to keep the sales going thru. Revenue should be a none issue. What im worried is supply interruption and their projected revenue. Is aftwr 1st qtr if it drops.. good to buy. Those who is holding them.. just hold. It will eventually up by 20%.. because the capacity is doubled for 3rd and 4th qtr.. good luck.. those fellsa who talk nonsense about dropping, it shows u r not in the pharma industry and doesnt know about hovid sales and strength.
Our country is regressing in terms spendin power in healthcare. Long term and chronic illnesses are expensive to sustain. Generic is the only way forward with primary care. Original drugs do have a role but only to those who can afford. To give you perspective take a look at our epf stats, how many retirees have more than 100k and how many of them can afford 200-300 per month on medication alone. Yess ori drugs efficacy and data is much more superior. At the end of the day is how much money you have and what kinda govt you have that enable you to have the best meds. Public always complain about govt using cheap drugs (note not all generics are the same, you have the good and bad generics as well). Public is at fault on this, during election none of us complain about having good education and healthcare but religious and racial sentiments.
based on technical, if it can breakfast 0.36 resistant point, it shall form a new upward trend. Based on fundamental, increase capacity of its production shall spur its result better than last year
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....
Diamond7
2,379 posts
Posted by Diamond7 > 2017-03-20 08:45 | Report Abuse
Just buy at 0.32....
Should trend higher when Ipoh plant comply to good manufacturing practice.
Hovid products are still selling well.......