the price was pushing down to RM3.xx then announced Bonus issue and shot up 100% in a few trading days, then slowly release...down down to RM5 killing you softly by weeks. I guess the next good news will be the extention of contract for distribution of supply to gov hopitals but small fry hard to know when the announcement.

no body is care about the company. Shareholders is concern about the share price n goreng, directors are getting share from the company. All expecting fast money like no tomorrow. How could this co has future?

joey1111 i want to know too...haha..as i know Pharma's mother Bousted is disposing share...pls be reminded that Boustead MD is Pharmaniaga President. wakkaaa...

Haha Malaysia not even have P4 Lab and saying want to make vaccine...don't believe KJ bluff..

Yeah, it is now run by a man who spend most his career in TNB, Power station and construction.. and you gonna to vote to gift him nearly RM2mil of share in the coming EGM.

Do you know how many pharmacist, doctor by medecine and chemist in Pharmaniaga BOD since PN took over?

ESOS for employess is normal. But the board awards MD share option at the same time the independant director accept the share option, does this cause conflict of interest? what say you?

What is your opinion that indpendent directors approve share option for themselves?

Is MAA venture into glove industry too?

https://www.freemalaysiatoday.com/category/nation/2021/06/01/7mil-sinovac-doses-for-state-governments-private-sector/

Pharma is exclusive distributor for Sinovac. Hope can bring in Johnson n Moderna as well.

today can break RM5?

Pharmaniaga is a logistic company for gov hospital for many years d. Expect gov renew their contract soon.

Altech did some diluttion last year. The entitlement offerwas on the basis of two (2) new shares at $0.04 each for every five (5) shares held by Altech shareholders at the Record Date (13 November 2020), plus one free attaching option for each two (2) new shares subscribed and issued (exercise price $0.08, expiry 31 May 2022)(the Offer).

commodities price in bull market, just wonder how much increase in profit for our investment in Altech Chemicals who produces essential raw materials for EV battery.

We still need to pay service fee to excersise the bonus issue. Anyhow, Pharma will be a penny share (unless it shot up to RM5 b4 split), more volume, more easier to goreng. Are you ready?

XxxxXzz Thanks for your accounting class. Appreciated. Please tell me from account method, if subsidiary A sold subsidiary B goods, will the same item appear as revenue and inventory at the group account?

Well, what i want to mention is whether Lii Hen include inventory production cost into Cost of sales.
yoy, inventory increase RM59mil , cost of sales increase RM57mil.

Let's say Lii Hen has 10,000 workers and all sent for Covid-19 at RM300/test, the cost only increase RM3mil. whilst Cost of sales increase RM57Mil yoy.

Cost of sales = overhead + material cost. Well, the Qr didn't separate out the admin/marketing cost so i presume they lump sum it including cost to produce inventory.
Warehouse is under fix asset unless they rent it.

Given operation cost increased RM3mil while inventory increases RM59mil, I believe the cost of inventory is in the cost of sales.

maketlittlemoney Good points. Yoy, although cost of sales increase 31.66%, but revenue increase 24.53% + inventory increase 67.71%. This correspond to container shortage. If you add in the inventory as goods waiting to ship, then the profit margin is increased instead. Also, with total liability not increase, Fix deposit of the co increases 21%. Given operation ease for several weeks due to MCO, Lii Hen still manage to increase sale as well as giving dividend in every quarter fin 2020. This say how good is the co doing in 2020.

https://fintechnews.my/25890/fintech-lending-malaysia/p2p-lender-microleap-receives-rm3-25-million-funding-from-maa-group/

Headlight robbed by Darulat. aduh...

Pfizer vaccine not pack in 1 dose per vial, that's why there were cases injection of 5x doses by error reported. Therefore repack is possible in local to avoid any error injection.

Unlike some glove manufacture to assemble almost all of its plants in one compound to save cost, the way Lii Hen seperate her biz in several plants n locations has diversified the risk so closure a factory wont affect the other factories. some more EMCO during the holidays week will have minimum cost.

may be the big fish accumulate enough ticket after pressing price low recently n now the time to release its potential. haha..my 2 cents joke..

https://www.theedgemarkets.com/article/pharmaniaga-distribute-covid19-vaccines-efficiently-prioritise-safety-aspects-says-group-md

China is facing power shortage recently and timber boycott on Australia woods. Malaysia furniture will benefit from the situation.

Pfizer vaccine comes in vial which contains 7 doses. There will be left over in every vial. Therefore gov may opt to refill it to ease medical official job and saving.

Good investor Agree.my research shows it is the best furniture stock.

Price dropping when vaccine is coming soon...hmm...if somebody is pressing the price to accumulate?

We see car insurance and hospital claim decrease during lock down, same may expect from MAA Philippines.

At the meantime, commodity price increase as well electric car is moving as main stream. The investment on Australia co may fruitful

freight cost doesn't matter if co quote in FOB term.

I want to ask those keep asking why price dropping: How you made the buy decision?

Pfizer vaccine required 2 doses. we need 42mil vials if wish to cover 70% population.

Well done NPRA1985.

Good Quartery result.
Cancelation of treasury share.
And.....

one can sign as many MOU as he likes at no cost. It is not legally bind.

The way of privation showed it all.

KJ just said gov direct nego with supplier doesnt mean gov wont appointing a co to execute it in later stage.

One can buy himself no need wait gov free vaccine.

compare to Homeriz, Lii Hin is a net cash co
compare to Pohuat, Lii Hin achieve grow in revenue and profit for succession 5 years.

with good news from vaccine, what Pharmaniaga would benefit?

1) Pharmaniaga, the gov controlled entity will be given priority since she is the only 1 or 2 company has the facility to pack, store and distribute the vaccine complying to MOH strict regulation. In course of this pandemic and intention to speedy cover the population, gov will highly possible renew her supply and distribute contract to a further years because she has the logistic system link to gov hospital .

2) With recovery of normal life, we expect more ppl including Indonesian will revisit hospitals and clinics which will push up the sales of drugs.

due to Covid19 and flood in southern China, some orders have shift to Malaysia. Now the orders are abundance only for gov to allow intake of more foreign workers.

Pharmaniaga the logistic partner?


http://hsi.moh.gov.my/2019/11/27/pneumococcal-vaccines/

If so, better buy glove, chop the fingers, can make 5.

Just wonder, is MAA considering buyout MAS ? :)

TY has been speaking for many years of venture into Manufacturing and is searching the right business. Now we know rm50mil can build a glove factory and all can be done by turnkey contractor and Malaysia no lack of experience ppl in glove industry.

If the previous reason to privatize because the share price under value, then now is the moment to maximize the value of share. Sack the lousy investor banker who only advice share buyback to delist while other are queuing to buy shell to enter the bull market.

We have been waiting for many years. Now is the best time to maximize our cash reserve and listed status. Do something. Now or never.

https://www.theedgemarkets.com/article/mscm-latest-company-jump-bandwagon-produce-nitrile-gloves

China is picking up the production of glove.