Congratz pak tua. Same same here

See you guys at agm ya...chiaoooo

Lousy counter, 80c...hah hah hah...

Lousy counter, corrupt practice, virus fested...no future biz, gimme my 80c!

Hope it goesmuch lower today, got bullets to use. 1.10, maybe?

Lousy counter, where is my 80c?

Gardenia roll is more than 80c...:)

80c?

Hello mr bank hold my application.

I am gonna to take up 400k loan for this. Yep, come to papa

Yes...it is dropping...good, drop a bit more...

Why dont you drop?

Please drop more today...i am buying

It is not difficult. If it really goes 80c, just take it as AA at few days after ipo but has grown much larger for free. I am in.

I also dont know, but I collected quite a sum. (Bargain to me)

What has changed since 80c? Ground team, Big pay, lower fuel, these are value creations. And if i could get it cheaper, why not?

Najib's former man

He sold, i bought

Good. The game they played is to push one particular shareholder out (you know who).

Dont worry there was never a single year without dividends even withsome lost quarters, this one just reduce accounting profit

Because pharma charges lowest, think you can find another to compete, an entry barrier? Hihi, they already explain...the charges is on amortization of system (accounting treatment), there is more to come. This is a narrative i usually observe to tone down the sentiment. Like tm case, losses after impairment, but cash flow still good. And it climbs back some of the lost ground.You worry? I am not.

Charges has no cash flow impact, like depreciations...worry? I am not, good opportunity to collect maybe my wish come true...rm2....or lower.

I am a long term , please sell. A non recurring charges of some tens of millions. Cash flow still positive, please sell...

I tried to make us all smile together, but thats life.

Most businesses enjoy some kind of government policies anyway (tax, promotion, infra), most importantly, whether they deliver the job, and helps others like employment, transfer of tech etc. I prefer the one that met this criteria and of course make reasonable money out of it. Hey it helps me too (and us if we give it a chance). Afterall, 60 millions profit from 70 millions of pharma is from manufacturing. Worry? I am not, unless population is going down. It is like my position from an energy counter, simple.

I guess after this kenanga guy will change tp again...1.60? Hello...

I bought pharma taking into accounts it will be pure drug manufacturing play biz in the future and not worry at all. No logistic concession? Sell all those assets and manpower and still profitable. Not worry at all.

if you go thru DKSH, it is way far from competing against Pharma based on its logistic assets profile (in short, they need to inject huge money to make it works and charge cheaper than Pharma to win, very tough). the question is, MOH has no pressure to cut its budget in this delivery service, it is the drugs supplies charged by the suppliers is the one holding its throat (guess who)!

I must thank the retail traders. If not i would not be able to buy pharma at cheap. (Your help is gladly appreciated)

I am buying. My spare cash that i could afford to lose. Give me rm 2 or rm 1.60. At 50c, ill sell my other position and buy pharma.

Let us see whether the thoughts provided in the link is as easy to be implemented within this 6 months. So far, it is not as easy as lazada/shoppee when it comes to drugs supplies (quality and efficient delivery, lazada type also has these problems, but medicines? Try take the risk of not having ones when you need). Let others bid too in the open tender, to me a low cost leader has the upper hands and i am very confident pharma can win.

Well, as my portfolio is diversified, bullets from other counters will join the show as and when needed

I bought few more before closing. Itchy fingers...spare money from my tabung dividen terkumpul pharmaniaga...still got bullets.

In any low margin business, volume is the game. And malaysia is going to be an aging nation...we live longer but at the same time...lifestyle illnesses also increase, therefore, more demands...more drugs to be delivered on timely basis.

The fact that they can still make money with so thin margin makes them low cost provider. A competitive advantage, others are wellcome to bid but setting up networks to deliver drugs on time with all those hospitals using their own system to be integrated...will make them geleng kepala...it takes years to recoup those costs ....and then when time comes, bid again, until no one wins ahead and then problems creep up...usually a monopoly charge exorbitant premium. Not in the case of pharma...

Close to 70% sales, about 15% of profit ...where is my rm2? Itchy finger...

10 years ago when pharma at the end of its concession, the price went down, uem sold and bought by boustead...and then they develop the centralised drug inventory system (proprietary) that reduce wastage and efficient ordering, now same story again, even if pharma won another 5/10 years...it will go the same story each time. The key is whether they have delivered the job? I am in as i believe in its strength. Not for trader. Well what do i know? I just own 30k of pharma and buying...more. please sell

Why open at 2.13, come on...lower please at 2.02 like the one i bought 6 months ago

The name of the game is competitive advantage. Low cost provider and switching cost! Risk? Investing is risky but you may have to take some educated guess and have the nerve. Not for traders of course...

Good luck finding cheaper drug logistic co to the whole malaysia and borneo. How many hospital/clinics to be delivered? (rivers, distance). The margin is already thin. As a matter of fact though most sales of pharma comes from this very low margin logistic arm...the bulk of its profits are from manufacturing and that is also the cheapest from many. Our gomen got more money to spend on for the sake of patience life and gamble on it?
Yes please sell. I am buying

Still have some bullets left...if it goes below 2. Ill buy even more...

Using my dividends, top up at 1.67-1.68 and also a little when it was 1.76...no reason to worry at all as it is cheap.

Please sell... please

Is it reflected yet on its performance? No
I am buying
...

Am a contrarian...buying loads now

Just small position....why worry hehe, AI, robot, IR 4.0? I am buying this sector.

I got at .735 lucky i guess?

Confident they got it. Nothing official though. All big owners are still holding pharmaniaga. So should we.