I recently visited their factory in Matang. Very impressive compared to time under previous management. Already bought neighbouring land and expanding with new double formmer line. Potential for further growth. At price of 0.72 the effective price before 2 become 1 is 0.36. Infact share price has not moved at all despite out of PN 17 profit making and zero gearing. Nekosan what is your game?

should listen to Hulk. synonymous with Green..positive.

surprisingly only now in the radar. Have been paying very good dividend( better then FD rates).
Small paid up capital of only 40M, retain earning of 22M and cash balances of 20M. Very low gearing ...what more you want...buy or else bye bye.

Quaterly report should be out before 31st march. Chances are 1 week before month end.

nothing will change, they are all in it,big time. Do you know the mission and vision of FGV? Self intrest above all others. Luckily my sub conscious mind never allowed me to invest,despite serious intent. Hope UMNO will do something to save poor FELda setlers.

Steadily going up and going out of PN 17. Time to jump in before financial announcement in mar15.

all shares go up and down based on companys fundamentals, the countrys financials and external factors. Ask yourself are you short term player or in for long haul. To make good money pick the right counter and stay to make handsome profit, Believe in yourself..belief in Hovid.

very strong closing at 0.79. Expecting better turnover and profits for 3rd qtr.

This appear to be the begining of more good announcements to come. Par value reduction will improved balance sheet and ultimately lower the gearing. Diversification is good and will result in better revenue visibility.

macd is showing bullish signal. all the way up

Gentlement and gentle ladies, the emotion in this forum on this counter appear very high. Basically, the company already announced their multiple proposal. Of concern to us, as investors is the impact on share price, on the proposed capital reduction and consolidation. Correct me if I am wrong:-
say you have 100,000 bought at 0.37cents at par value of .20cents. On capital reduction you loose 0.15cents. The share price should correct to 0.22cents ( 0.37 - 0.15 ) and par value 5cents.
On cosolidation of 2 into 1, your 100,000( par value 5cents) becomes 50,000(par value 10cents).
The price should adjust to 0.44 unless price moves up on prospect of future earnings. However based on this simple calculations you still loose RM15,000.
Anyhow pl do your homework and invest wisely. I also like other views as i am already invested in this counter.

Obviously there appear a mismatch between total borrowing of 246M in relation to yearly turnover of 351M. Some of the borrowing can be for capital expenditure supported by FA. The concern is the BA financing of RM105M which is trade related and generally short term in nature. Ability to manage the cashflow to ensure prompt settlement of the BA on maturity is crucial to ensure no default.

AT.. I do not your age. U mayb also b younger than what many percieve u 2B, I think u are like the great Japanese Saxophonist, Sadao Watanabe..at 81 years, he is full of passion, positive emotions and love for what he does. I have been following your comments for sometime now n hope you will continue to share n maintain the positive vibes!!!

Alex Leow, early this year you very supportive of Hovid! where r u now?

Have gun will travel...Have Hovid will fly! Kepada semua ticketnya murah....bel,belilah cepat.

Ayam Tua tks for d advise. Well taken.

Already profit in hand. Waiting to sell some at .90 and move into Hovid. Ayam Tua, what you say?

Its now or never. Buy, Buy Buy

Wah so many Ayam series!! interesting to read.....now waiting for Ayam Kampung to join in.

Do you know what is the original shareholder entry price? Par value is 50sen, so their entry cost is 50cents or even lower as they would have split RM 1 to 50 cents. Don't you think it makes sense for existing shareholders to sell at RM1.85, to cash out first.

I was told.to be out of PN17, IRCB must show profits for least 3 quarters. Ist quarter already show small profit. Do we need to wait another 6 months. Guys and Gals any feedback?

Price has been hovering around .35 to .36 for quite sometime. This indicates good support and waiting to be push to next level and no looking back.

No issue on liquidity with almost zero gearing. Business performance indicate sustainability but management team apparently conservative. At this price it can be target of takeover, if major shareholders willing to sell.Very good upside. Ayam Tua is right!!

Malaysianinsider is tracking and able to get and reveal this scary scenario at KLIA 2, Where our reporters from NST,Star, Utusan covering KLIA 2.? Are they being told not to report anything on KLIA 2 or just turning a blind eye. Media guys time to wake up!

Avant and Alan, tks for the info

Company just announced interim dividend of 5 sen.Anyone can let me know what is their yearly dividend. Im thinking of collecting this counter.

calvintaneng.. you made hovid very upset by comparing Yspsah,so share price of Hovid is now moving.David Ho must b checking this forum. Good job!

No news is good news under the circumstances. Lets pray all is well,

Who is expected to sell at this price. Is is David Ho? Maybe, if he needs the money. Otherwise why sell at this price it has not appreciated in price for a long time. This is a under valued stock, in the right industry and making profits.

Based on MACD, bull trend is seen. Since no news is out yet,buy on rumour and sell on news!

Hello,Mr Khazanah, better do something quickly, to revamp MAS or just privatise as what Temasek will do?

major shareholder has been net seller since Dec13 until now, Check Bursa announcement. What does this say?

The huge profit did not come from sales but other operating income. What is this other income and whether it will recur in coming quarters, has to be assessed.

aisbaby, 2% dividend is paid in cash and 1 treasury shares for every 12 shares held is the bonus.

PM must have the political will to do something drastic to over haul MAS.
Khazanah is govt santa claus at the expense of tax payers money.
Privatise is the only solution.

Sell 1 MAS and you can buy 2 Hovid-W,IRCB-W or SMPC-LA. Pickup and sure to make money.
MAS after pickup and subscribe for rights at .20 cents still loose money. MAS,Khazanah and govt, all bankrupt of ideas to manage this business entity, which has been making loss after losses,years after years, What a joke?

2nd q report ended sept13 again profit. Furthermore even before payment of earlier declared interim dividend which went x recently,the co declared another int dividend of 2%. Topping for the ice-cream, is giving treasury shares 1:12. 2morow may consolidate for awhile but eventually fly.
so buy or else bye bye.

Harward is right, For all those interested in this counter u should also see eugine comment dd 9-10-13.

Hovid is a 20 cent par value counter and at current price of .36 the premium is only .16cents.
Prior to carotec fall out, it has been making decent profits in the past. The recent good profit announcement, being in the right industry and huge prospects going forward, is good for the company. Even without insider information hovid is good buy for long term and the current price is very attractive. Alex somehow your comments is keeping many investors intrest in hovid intact and I hope u r right.

Yes connie. Pharma is main supplier by virtue of it being a GLC. Anyhow the market is big and local manufacturers with GMP, will get a fare share of the govt business.

Pharmaceutical ind in malaysia is a growth sector. Hovid is among the few proxy to govts shift to buy more from local producers of generic drugs, My friends who are doctors at GH share the fact that more common curative and preventive drugs/medicine dispense at govt pharmacy are from Hovid. Alex views appear valid. Im in hovid for long term, although the recent dividend is a pleasant surprise.

The counter is holding steady at 2.30s. Can anyone share if it is a good buy!

yee liang, u go to bursa announcement and check under SBC. Full detail is there.

when bull comming

Bought this morning .89 but it went down to.88. later rebound to .95. MACD chart is bullish.

Fundamentally strong counter. Analyst rating 80 out of 100 compared 20/100 for IRCB

Looks like the bonus share is a sweetner to those who take up the rights at .50c

calimali u very positive.. I like, buy n buy . today I buy at .175. Hope not bye bye!!

The major shareholder,Dato Leong has engaged several good guys to manage the operations.
It is working positively
and more upside expected going forward. Buy now or u will miss the boat.

Interim dividend of 2% declared, Good as it is a RM1 ringgit par value