NOVA WELLNESS GROUP BERHAD

KLSE (MYR): NOVA (0201)

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Last Price

0.47

Today's Change

+0.005 (1.08%)

Day's Change

0.455 - 0.47

Trading Volume

10,000


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835 comment(s). Last comment by fortunefire 2 months ago

Principal

24 posts

Posted by Principal > 2020-03-29 16:39 | Report Abuse

hot item like sanitizer was out of stock since 13-3-2020.... obviously supply chain disrupted

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-03-29 16:41 | Report Abuse

Healthcare and infrastructure to benefit
TheStar Sat, Mar 28, 2020 09:10am - 1 day ago
While all eyes have been on the glove manufacturers, little attention has been given to the makers of health equipment and products, which in all honesty, have seen a similar rise in their demand.

“For example, companies like Nova Wellness Group Bhd and APEX HEALTHCARE BHD which sells supplements like Vitamin C, sanitizers and face masks, the demand for these products have also been through the roof, ” says one analyst.

Meanwhile equipment providers such as UWC Holdings Bhd and Supercomnet Technologies Bhd supplies devices and components for Covid-19 testing.

Earlier this week, hospital furniture manufacturer and provider LKL International Bhd saw its share price double in one week, as investors anticipated further contract wins for the company.

On March 25, LKL was awarded a contract for the supply of personal protective equipment to public hospitals in Sarawak for RM6.57mil.

Besides LKL, the other supplier of hospital equiment is BCM Alliance Bhd.

Listed hospital operators include IHH HEALTHCARE BHD and KPJ Healthcare Bhd.
29/03/2020 4:40 PM

TopEarn1

467 posts

Posted by TopEarn1 > 2020-03-29 23:34 | Report Abuse

Anyone confirm Nova Wellness also selling masks as claimed from the article? Or just APEX?

Posted by shortinvestor77 > 2020-04-08 10:58 | Report Abuse

Neither one.

TopEarn1 Anyone confirm Nova Wellness also selling masks as claimed from the article? Or just APEX?
29/03/2020 11:34 PM

sj1993

28 posts

Posted by sj1993 > 2020-04-08 20:17 | Report Abuse

no, we are not selling mask, for nova

LiimInvest

2,267 posts

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-04-08 21:42 | Report Abuse

NATURAL SUPPLEMENTSHERBAL EXTRACTSVITAMINS & MINERALSSPECIALTY SUPPLEMENTSFUNCTIONAL FOODSNATURAL SKIN CAREHEALTHY FOODSPROMO PACKSNOVTIC HAND SANITIZER

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-04-08 21:45 | Report Abuse

http://nova.my/index

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-04-08 21:49 | Report Abuse

Nova members benefits:


Enjoy Great Benefits While Improving Health.
A programme that offers great rewards and privileges to our valued customers.
How To Register As Member:
Log on to https://eshop.nova.my to register as Nova member.
Member Benefits:
1. Member Discount
Enjoy exclusive 10% discount for all Nova members.
2. Accumulation of Nova Reward Points
Earn Nova Point while you shop, every RM 1 purchase entitles you to 1 Nova Point. Selected range of redeemable products are available at member’s homepage.
3. FREE Nationwide Delivery
Complimentary Nationwide delivery (anyway within Malaysia) for all Nova members.
4. Nova Guarantee
Nova Guarantee applies on Nova products sold on Nova online shop. It protects buyers against fake, expiring, and/or damaged products by offering 100% refund.

Nova Guarantee ensure that all products sold by Nova online shop are:

I. Authentic/Original
II. At least 6 months away from expiring at the time of shipping.
III. Delivered in perfect condition. (no tear, leak, dent)

Posted by simon2play > 2020-04-09 13:48 | Report Abuse

Which biz is doing well now? Which is gonna report earnings growth qtr after qtr. who has the capacity ready to cope w increase sales? Do ur research and accumulate. Those w no patience will sell to u. Let that be, the value now cant be lower then before all this opportunity happening right? Wld an airline, oil and gas, property or industrial be doing better?

Posted by investor8668 > 2020-04-10 15:29 | Report Abuse

Now 0.47 it is good to join the group

Posted by simon2play > 2020-04-10 16:44 | Report Abuse

Another 2wks extended mco period...guess who gonna stay in biz? Health sector is awz resilience, and especially so during a pandemic. Stay away O

Posted by simon2play > 2020-04-10 16:47 | Report Abuse

..Stay away frm O

Posted by HantuRaya2020 > 2020-04-13 15:36 | Report Abuse

Okay boss, wa dengar sama lu. Wa beli.. ini kalilah!

TopEarn1

467 posts

Posted by TopEarn1 > 2020-04-13 22:34 | Report Abuse

wa juga beli dah

Posted by simon2play > 2020-04-14 12:16 | Report Abuse

Accumulate, up or down this is a stk u won’t lose. Look at the biz, its new factory, current MCO, one of few operating under lockdown, strong orders, establish distribution network. Without covid dy doing well, wht w a pandemic happening. One of few w Earnings growth.

Posted by HantuRaya2020 > 2020-04-14 17:04 | Report Abuse

Thank you bos! 1 hari siang. Boleh on lagi?

TopEarn1

467 posts

Posted by TopEarn1 > 2020-04-14 20:30 | Report Abuse

*NOVA WELLNESS GROUP BERHAD*

*NOVA (0201)*

*DO YOU KNOW THAT...*

NOVA WELLNESS GROUP BERHAD* plays a *important role* in *protecting Malaysia in the fight against the COVID-19 pandemic.*

Nova Wellness Group Berhad is a healthcare and skincare product manufacturer and distributor in Malaysia.

The best part is NOVA manufacturing their own brand hand sanitizer product ( *NovTic* ) to supply across the country.

NOVA have 100+ partners under their Nova Wellness Partner Program and distributed across a network of *240+ independent retail pharmacies outlet across Malaysia*, and overall total of *450+ retail pharmacies nationwide*.

Since the outbreak of Covid-19, people have been stockpiling hand sanitizer, causing the sales to increase over 400% in March 2020.

Since the public's growing awareness about the important of hygiene to combat viral outbreak of Covid-19, hand sanitizer become such a sought-after product that pharmacies and supermarkets highly in demand.

In the surge of demand for hand sanitizer, the price was increased by up to 4 times from usual.

There are 2 main types of hand sanitisers : alcohol-based and alcohol-free. Alcohol based hand sanitisers contain varying amounts and types of alcohol, often between 60% and 95% and usually isopropyl alcohol, ethanol or n-propanal. Alcohol is known to be able to kill most germs.
• NOVA's product (NovTic Hand Sanitizer) contains 70% of alcohol which is the most effective concentration in killing a wide range 99.99% of germs including virus.

NOVA production is running at full capacity and is sending their hand sanitizer product as much as possible to meet market demand.

NOVA’s revenue mostly contributed by the sales of house brand products.


_The important thing is to keep your hands clean regularly, be safe and smart, and *Don’t leave your home without a Hand Sanitizer!*_

hoongkk

121 posts

Posted by hoongkk > 2020-04-15 09:11 | Report Abuse

Good to invest

Kakaktua

55 posts

Posted by Kakaktua > 2020-04-15 11:21 | Report Abuse

down ooo

Posted by HantuRaya2020 > 2020-04-16 20:26 | Report Abuse

Down atau up, wa sudah beli.. go nova go!
Nasib baik wa dengar sifoo kat atas..

Posted by thunderbird > 2020-04-17 15:26 | Report Abuse

don't waste your time lar... nova products are extremely expensive, low end product, high end price, how to sell? if you want to buy health supplement, i am sure you going to look for blackmores, kordels etc.....

TopEarn1

467 posts

Posted by TopEarn1 > 2020-04-17 23:46 | Report Abuse

You say expensive, look at how apple products is selling well compared to other cheaper brand with better functions. Nova brand has been established since 1997, 23yrs still going strong and expanding. Don't use your shallow eyes la. If you are here to talk bad about things, then don't come here la. Willing buyer willing seller.

i3lurker

14,390 posts

Posted by i3lurker > 2020-04-18 00:10 | Report Abuse

Yes
I only buy these 2
usually Blackmores coz its cheaper than Kordel.
Aust. vs Germany

=> who buys Nova products??

Posted by thunderbird > Apr 17, 2020 3:26 PM | Report Abuse
don't waste your time lar... nova products are extremely expensive, low end product, high end price, how to sell? if you want to buy health supplement, i am sure you going to look for blackmores, kordels etc.....

Posted by shortinvestor77 > 2020-04-20 14:49 | Report Abuse

Yes. I bought Nova vitamin C.

Posted by HantuRaya2020 > 2020-04-20 16:22 | Report Abuse

X power la lu.. cakap support.. Wa ada beli immune set diorang, satu family makan.. hand sanitiser wa pun borong..

Posted by thunderbird > 2020-04-20 16:39 | Report Abuse

haha, comparing nova with apple.... apple is top notch state of the art product. Perhaps you didn't ready properly, low quality product but high end price. Oh well, since when you owned this site? so i can't express my opinion kah? Reality is cruel... it can't go up, that's it

Posted by thunderbird > 2020-04-20 16:44 | Report Abuse

btw, Nova listed on July 2018 @ 0.55, in less than 3 months time, it's going to mark 2 yrs , how come price still below IPO price?

birdie84

94 posts

Posted by birdie84 > 2020-04-20 16:53 | Report Abuse

Apa sai?

Posted by shortinvestor77 > 2020-04-21 09:12 | Report Abuse

Still less than 2 years listed lah. Give 3 years time it will boom a lot.

Posted by shortinvestor77 > 2020-04-21 09:13 | Report Abuse

Short short term don't come here lah.

winlast

498 posts

Posted by winlast > 2020-04-24 17:59 | Report Abuse

NOVA is a healthcare related business these few days experienced price retracement
next monday will continue its upwards momentum trend target price at RM.60 cent
technically

winlast

498 posts

Posted by winlast > 2020-04-25 10:36 | Report Abuse

NOVA will be on it turn to boom next monday as CCM is also deal with healthcare products has already on the path of uptrend momentum
so keep up NOVA cheers

jibbie

762 posts

Posted by jibbie > 2020-04-28 14:35 | Report Abuse

NP margin 30%. what kind of stuff that give so high profit margins

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2020-05-02 10:30 | Report Abuse

小而美
成长动力
不容忽视

Posted by shortinvestor77 > 2020-05-07 17:49 | Report Abuse

Looking good.

Posted by HantuRaya2020 > 2020-05-08 10:27 | Report Abuse

Boss, boleh naik lagi? Nak raya nih

Posted by HantuRaya2020 > 2020-05-08 10:33 | Report Abuse

Orang biasa ingat barang mat salleh tu bagus. Kena bangga skit Malaysia ada company cam ni..
Manusia tu normal, local harga sama dengan mat salleh, cakap mahal, kalau murah cakap takde quality.

Posted by simon2play > 2020-05-09 15:41 | Report Abuse

All are willing to punt on stks that hv no or significantly depressed earnings coming few qtrs. Still not to late but the momentum is gaining traction as more find it attractive. Tis pandemic is not goin away soon, so think who will benefit and who has the capacity to meet all this demand. Upside is big w limited downside.

Posted by simon2play > 2020-05-09 15:43 | Report Abuse

Stay healthcare

limyauc

30 posts

Posted by limyauc > 2020-05-12 11:08 | Report Abuse

PETALING JAYA: Nutraceutical company Nova Wellness Group Bhd plans to launch new healthcare products to go with its hand sanitiser which has been selling well.

Nova executive director Eddie Phang Yeen Aun told StarBiz that due to the growing market demand, the company will be launching new products over the next few months.

“We will continue to see increased interest in preventive healthcare under this new normal, ” said Eddie, who is the son of Phang Nyie Lin, the founder and major shareholder of the company.

Nova is also in the midst of completing the construction of a new plant.

The group raised RM44.91mil from its IPO in 2018 and out of this, some RM13.9mil was utilised to construct this plant for the production of its food and skincare products.

The completion of phase one of this factory is significant for Nova, as it now increases production capacity by five times. Nova is now in the process of constructing phase two of the factory.

“Besides the health food products, Nova intends to utilise this factory to produce products such as low GI bread, ” said Eddie.

While Nova’s business has predominantly been in Malaysia, the company is looking to make inroads regionally.

Eddie said the company has obtained approval for some of its products in Indonesia and Thailand.

While Nova is mainly in the business of selling dietary supplements, food and skincare products, these products, it is its hand sanitiser that is doing well.

It is supplying to a number of government hospitals since the pandemic began.

For the six months to Dec 31,2019, the company recorded a 35.36% jump in net profit to RM5.4mil on the back of a 16.76% increase in revenue to RM14.81mil. Its net margin is at 36.5%.

Nova has cash of RM36.43mil and no debt.

The stock is at 60 sen, just above its IPO price of 55 sen a share, giving the company a market capitalisation of RM190.65mil.

Based on its 2019 annual report, the founders Nyie Lin and Tan Sok Mooi collectively own 74.31% of the company.

They own the stakes via their names and other family members namely Phang Yeen Aun, Phang Yeen Nung and Phang Yeen Hung.

Nova’s principal activities include the development, production and sales of nutraceutical and skincare products under its house brands.

Its products are available in some 490 outlets nationwide.

Over the years, the company has developed and produced a number of nutraceutical products under its house brands and for its OEM customers.

Nova was founded in 1989 by Nyie Lin and his wife Sok Mooi, who initially undertook the trading of animal health products from 1990.

The business direction took a turn in 1997 when they commenced a small scale research and development on Phyllanthus niruri, a species of herb that has been traditionally used for the treatment of liver diseases. Phang then decided to set up a production facility with R&D facilities in Sepang, Selangor in 2004.

valuelurker

1,133 posts

Posted by valuelurker > 2020-05-12 12:10 | Report Abuse

RM 1 cumminggggggg

Posted by HantuRaya2020 > 2020-05-12 12:14 | Report Abuse

Raya dengan gaya kali ni!

Booyeah

365 posts

Posted by Booyeah > 2020-05-12 15:10 | Report Abuse

Nova haven't move up much compare to careplus and other healthcare

Fear Trend

110 posts

Posted by Fear Trend > 2020-05-12 15:20 | Report Abuse

http://nova.my/product?cat=41

Fear Trend

110 posts

Posted by Fear Trend > 2020-05-12 15:20 | Report Abuse

new handsanitiser

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