I think the biggest concern is when the contract expires next year, and if the government gives the renewed contract to other pharmacy, gg for this stock. So its a big risk
After Glove play, I believe the rest of the second half year will shift to vaccine play. This is why today this counter react positively toward vaccine news from Khairy. From now on, everytime got vaccine news progress, people will think about pharma. Also, the last quarter earning of Pharma is 8.57 sen which is excellent and we know this year earning for sure will be much much better than previous years! If we annualize it will become 32 sen....With PE of 15, this counter simply worth at least RM4.80. The thing that make this company interesting is this counter's share price still at historical low (previous was at RM5-7 range), it's just on the initial recovery phase. Buy and hold this vaccine play company for covid-19. The next theme play by the market.
This counter share the same story with DUOPharma. Today, by right, the stock should shoot up continuously if everyone believes about the future of this company. But, I saw that many people taking the opportunity to let go their stock in hand. This left me a big question mark ?
As Investeye said, many sold when price jumped 25%. So, the real game actually only started after those took profit in the first day of news released; Tomorrow is the real deal.
@gemfinder, if can made 50cts a share is much better to wait for rm3. or penny dividened. (CASH IS KING ) maybe for you paper gain is king, anyway each one got theirvown way
I believe the vaccine will be ready before Trump start the election by November. This is the vaccine for him to win back some loss in his reputation for uncontrol of the ourbreak of Covid-19 in US that caused high death toll.
Agreed with Xcalibre. Personally, I think pharmaniaga should consider reduce the dividen to conserve more cash(to pay the borrowing) Looking at the past record, they had been paying dividen that is too high (sometimes more than earning), which is not sustainable. May be can consider bonus instead to allow more liquidity since 80% of the fund are hold by top30 shareholder. If they can manage the cash flow better, it will definitely a great company to invest into. Forwardly looking, at this covid period, if covid worsening, they will benefit from distribution and logistic division by distributing hospital need. If vaccine came out, they will also benefit from it.
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Posted by abc123_2020 > 2020-07-15 10:01 | Report Abuse
time to prepare for vaccin now..mid term should be good