Urmmm mind sharing your technical analysis? I would like to learn more how you gt your tp of 0.2... when even without operating license 0.24.. thats taking into consideration of q2 will be an adjustment and offset of loss frm the license suspension.
I seee ok... im not into wavesand trendline when i was readinf about stock analysis so i cant comment much. I felt waves and trendline is always retrospective analysis. In terms of forward analysis.. i prefer candlestick lol.. thanks daniel. But unlikely it will reaxh 0.2.... 0.25 i may agree with u if qr2 is shitty. I know sales and orderbook is intact.. i dont have the figures how much they lost exactly durin licence suspension. They used up their stock during period with a few drugs affected with supply distruption. Revenue shouldnt be a problem.. but manufacturing cost.. holding up fixed ingredients those are costly
healthcare stocks are always the best hedge against the uncertainty and volatility of market, whether in the past or future. Don't hesistate to invest in healthcare if you plan to extend your retirement fund and retire earlier.
Wait till after Raya only buy. Now people are withdrawing out for coming Raya. Market sentiment would not be good for this period. Like Zainul said, Sept would be good.
For now Hovid need the next quarter result to show that the company is increasing their productivity and better profits. Therefore, it will be staging to another level of support. Just need patient with Hovid. This company have excellent years of product in asian markets.
For cheap stock like hovid, have to buy at least hundred of thousand share. The upside vs downside is low and if it retract back to 0.40 cents then the gain is worthwhile the wait, and wait for Q3 results.
Wow! You must be a rich investor. At 32 sen a share, 300,000 shares would have cost you almost 100k and this is your investment in just one counter. hahaha.
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....
Daniel Pang
56 posts
Posted by Daniel Pang > 2017-06-10 13:47 | Report Abuse
my TP is based on technical , i might be wrong but the chart say so, lets see.