Highlights
KLSE: NOVA (0201)       NOVA WELLNESS GROUP BHD ACE : Health Care
Last Price Today's Change   Day's Range   Trading Volume
0.76   -0.02 (2.56%)  0.745 - 0.80  4,549,800
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Tatih make sense, what i like the most is NP 50% is just a no brainer...I just saw Singapore listed glove manufacturer, 1Q20 results up 54% YoY, if we use this for malaysia listed...take example Supermax...assuming similar growth annualized..supermax only trading at 21x PE
13/05/2020 12:58 AM
Booyeah Nova comingg
13/05/2020 9:05 AM
sharkdododo GOGOGOGOGOGO HUAT
13/05/2020 9:10 AM
sharkdododo NOVA HUAT HUAT HUAT
13/05/2020 9:11 AM
sharkdododo BREAK 80 CENTS WILL GO 90 CENTS!!
13/05/2020 9:13 AM
sharkdododo CONTINUE THE STRIKE! JUMP ON THE BOAT BEFORE TOO LATE
13/05/2020 9:21 AM
MohdHafiz wow, whats the tp
13/05/2020 9:22 AM
sharkdododo RM 1.00 HUAT HUAT HUAT
13/05/2020 9:36 AM
sharkdododo NOVA BREAKING 81 CENTS. BIG RESISTANCE!
13/05/2020 10:09 AM
Foker Who is selling? Next time when agm convenes, I will propose resolution to ban selling this stock.
13/05/2020 11:37 AM
zhexiangxd this company fundamental so good and net cash but nobody want goreng people like loss making company more
13/05/2020 11:48 AM
valuelurker No limit up ka
13/05/2020 12:35 PM
Foker Highly profitable company. Their NTA same as Bioalpha, but making much more money. If they pump their profits in the prospectus leading to the IPO date, then this stock will crash to 20 sens
13/05/2020 6:07 PM
Foker Hopefully we are not buying into a company run by crooks. Their ability to churn profits is very strong. Even without the new factory they are making as much as Bioalpha. Strong ability to pay dividends too. It is even more difficult to read a business than reading TA, i just hope I didn't get it wrong.
13/05/2020 6:09 PM
Foker Margin of safety is not there. If I am wrong and they are lying about their profits, then i will lose big.
13/05/2020 6:10 PM
hoongkk Foker, boss steady don't worry.
13/05/2020 6:48 PM
Foker Fear Trend, your peng lam source real or not?
13/05/2020 9:16 PM
dickson2u First time i kena trap. coz i always buy in red and sell in green. This time buy in green and @ 815
13/05/2020 9:40 PM
stockraider If worry just cut loss lah...!!

Posted by Foker > May 13, 2020 6:07 PM | Report Abuse

Highly profitable company. Their NTA same as Bioalpha, but making much more money. If they pump their profits in the prospectus leading to the IPO date, then this stock will crash to 20 sens


Foker
154 posts
Posted by Foker > May 13, 2020 6:09 PM | Report Abuse

Hopefully we are not buying into a company run by crooks. Their ability to churn profits is very strong. Even without the new factory they are making as much as Bioalpha. Strong ability to pay dividends too. It is even more difficult to read a business than reading TA, i just hope I didn't get it wrong.


Foker
154 posts
Posted by Foker > May 13, 2020 6:10 PM | Report Abuse

Margin of safety is not there. If I am wrong and they are lying about their profits, then i will lose big.
13/05/2020 10:22 PM
dickson2u nevertheless their dividend got at least 1.6% ....will hold it for months....
14/05/2020 12:31 AM
dickson2u When is the QR result out. i look ate previous was 16 May for QR.
Should be end of this week or next week.....let see the QR.
If good can invest more
14/05/2020 12:35 AM
birdie84 Haha kaput!
14/05/2020 9:55 AM
HantuRaya2020 Sudah habis goreng? Harga bagus lagi ni..
15/05/2020 3:43 PM
simon2play Whts the worry? Selling is good and well absorbed. shows more interest. U can’t go wrong w the Healthcare sector, esp so when its the only sector to register Earnings every next quarter. Wait till earnings released, by then everyone will be rushing back to buy. Nova has good dividends and masdive capacity fr its new factory. Its gonna many good quarters to go.
15/05/2020 4:02 PM
stockraider $$$$$$$$$$$$$$$$ profit coming loh....!!
15/05/2020 6:00 PM
klangkopitiam https://mymetastockjournal.blogspot.com/2020/05/is-party-over.html
17/05/2020 1:16 PM
valuelurker Wanna sell faster sell
19/05/2020 10:31 AM
shortinvestor77 Coming.
20/05/2020 3:28 PM
amateurJR muahaha I never regret holding this nova since 0.58
20/05/2020 4:34 PM
simon2play Major catalyst is coming... dun miss it!!!!
21/05/2020 8:58 AM
sj1993 what catalyst?
21/05/2020 9:27 AM
HantuRaya2020 Okay. Wa beli lagi pakai duit raya anak.
21/05/2020 1:17 PM
LiimInvest Not bad not bad
21/05/2020 5:53 PM
simon2play Yup, registering 25% growth. The point is nxt coming quarters when others wld be registering plunging earnings/losses, Nova will still continue to grow. The new factory wld provide ample growth. Stay invested healthcare, esp one that has earnings and growth.
21/05/2020 6:00 PM
shortinvestor77 Give PE 20-30.
21/05/2020 6:24 PM
sj1993 how good?
21/05/2020 6:53 PM
limyauc Actual profit should be 4.23m if without EXTRA:
i) Other operating expenses -1,269,7049(3Q) vs 93,240(2Q) = extra 1.176m due to provision for doubtful debts and stocks obsolescence
ii) Selling and distribution expenses 1,163,477(3Q) vs 834,413(2Q) = extra 0.329 due to higher accruals of marketing campaign expenses for NWPP, increase in staff cost due to upward salary revision, accruals of sales commissions for sales staff and higher logisticand transport charges.

Total profit should be 2.722 + 1.176 + 0.329 = 4.23m
21/05/2020 7:44 PM
limyauc why Nova put this extra 1.176m due to provision for doubtful debts and stocks obsolescence in this 3Q????

May b to make profit margin normalize to 30%. Put in all expenses first
21/05/2020 8:21 PM
newbie2201 Obviously Nova keep some revenue & profit for next quater financial year end 2019 Q4 R-9,626m / P-5,639m
21/05/2020 8:58 PM
shortinvestor77 I strongly agree. I have the same feeling. Nova will record this doubtful debts back as profit next Q.
21/05/2020 10:00 PM
newbie2201 YUP. Coz check back the record always Q4 is the best Q.
22/05/2020 12:09 AM
newbie2201 This already hints Us next Q will be good Q

The Group will continue to focus on growingits market share and continuing its research and development on its new products for the remaining financial quarter of the FYE 30 June 2020and into the new financial year.Barring any unforeseen circumstances, the Board believes that the Group’s prospects in the financial year ending 30 June 2020remains positive

The construction of the new GMP Plant had commenced in August 2017 and Phase 1 is completed and have successfully obtainedthe Certificate of Completion and Compliance (CCC) on 8 May 2020.Constructionof Phase 2 shall commence after physical occupancy ofPhase 1.
22/05/2020 12:13 AM
shortinvestor77 CCC was obtained. Good new.
22/05/2020 8:20 AM
shortinvestor77 Surprised! Price not up, but some selling.
22/05/2020 9:32 AM
sj1993 what is CCC?
22/05/2020 9:46 AM
newbie2201 those they selling is short term contra player...let them throw all before going to next stage .
22/05/2020 9:56 AM
shortinvestor77 Certificate of Completion and Compliance (CCC) .
22/05/2020 10:05 AM
valuelurker Wanna sell faster sell
22/05/2020 4:55 PM
sj1993 where to find that info? @shortinvestor77
22/05/2020 6:18 PM
LiimInvest Accumulating more
23/05/2020 2:21 PM


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