HI Abundance, no news, just have confidence in this company ;) The chart shows can easily hit 4.80 since now above 4.80 it's be able touch rm5 again if the volume continues to grow. If not it'll stabilize around this price range for awhile. So at least by pass your cost already :) So happy made money for my mom this week, bought at 4.25 and sold at 4.80 today. I'm still holding my lots because this counter gives good dividend every year so just keeping it quite sure can reach rm7 in 5 years time.
great, at this market uncertainty where its real tough to pick the winners, you make it with some profits, sharp isnt it, mind disclosing another gem of yours.......
Hi Abundance if today still close above 4.80 tomorrow shouldn't be a problem to hit 4.95 and move towards 5.30 to 5.40 if the volume continues to pick up like these few days. I'm expecting this counter to stabilize above rm5 next year. Good luck ya.
masteel is moving with some vol, there will 160b for rail works, imagine if rail iron are fabricated locally, it will have huge positive impact for steel com, another possibility is with such huge allocations, that might include the much waited MCN project. as one sifu says , by than it will be 3 ringgit for masteel
Thanks, Nocole. I hope it can close 4.85 today and tomorrow go up another 20 sen. :) have you noticed, Ahealth and Pharma takes turns to go up? Yesterday pharma up 16 sen and Ahealth down 16 sen. U still holding Ahealth? U got in at what price?
Yup still holding my Ahealth. This counter hard to go in because the price gap of buyer and seller a big gap. Got in at 4.29 ;) HEHEHE! Keeping that counter too because of good dividend. Did you manage to buy any at 4.30++?
Hi Winman, this counter mostly supply their goods to all the government hospitals which majority of Malaysians go to for cheaper health care service. So it's a recession prove counter in the sense people will always need medical supply due to consumers demand. Of course there is always a up and down like recently investors spooked by the latest dividend outcome. Now it's rebounding back upwards. If you hold for long term it's very profiting still better than putting in the banks and getting only 3% in FD. Another counter would be P&O it has been hovering around this price of 1.38 to 1.40, waiting for it to jump back up rm1.60 but i'm holding it for long term too as this counter has shown growth in the last two years, waiting for it to go to Rm2 next year. Good luck to you too :)
hi Nicole76, pharma-- true, its a recession proof com. with good dividend . I am a bit uneasy on its 1.80nta and this is a , tai lop, counter, a little risk here, its sideway adventure might go upside, look for the hammer pattern , being recession proof and good profit all year round should provide the require push to higher rm. As for p&o, 50cts increment on its nta is hard to come by, a good counter base on its performance gather from quater results, its a little high now at 1.40, just off its 5yrs recent high of 1.80, these are my views and its might not be right or accurate. Overall these 2 counters of yours should have the targeted potential , esp. p&o, i find that your understanding on stocks are above mine and hope you will share more stocks info going forward
Nicole and wingman, insurance shrank from 6% to 5% next year. Read it yesterday. P n O last year gave special dividend. Takaful move up fast... Can buy on weakness. Also timing. Am mindful about QE announcement. What is your strategy, Nicole? Want to learn drom you also! :) bedides P n O, ehat stocks do you buy in? Thanks.
wow skrinking in the coming yr for insurance business, negative news, well hopefully its the other way for she who has bought in and will they, least postphone the tapering of QE
HI thanks Abudance for the info. But I'm confident of P&O for long term as they are cash rich so can withstand a few bumps here and there. LOL! If they don't have confident in themselves they wouldn't have been buying back their shares this whole year long.
Winmsn1, can't postpone QE. Obama had the grace to announce earlier do that there is no panic selling to cause a world stock crash! Can't continue printing money forever! USA sneezes... The world likely to catch cold! USD still world currency. Nicole.... What's your guess to Phsrma folding price today? Will it hit above rm4.90? :)
Is this a game show or trick question? Lol! Have confidence in your own stock ;) Volume is still high today and nice rebound back. Let's watch it grow if no hurry to sell then hold until above rm5.
No trick question or game show LOL. U seem to have good business sense or feel a out the stock to predict its next move. Are you a chartist? :) we seem to hold some same stocks. Nice to be able to share with another more knowledgeable than ourselves. I'm hoping it bucks the trend today to hit rm5.05 :). Why? Observed that wed it hit 20 sens. Thurs hit 21 sen so ... Hoping the pattern is now 22 sen. LOL. Saw your email add. Will drop u a note so we can whats app, perhaps to exchsnge ideas. Have a good good log weekend ahead!
Abundance, china and russia trades without using usd, to what scale i not sure of and france are showing signs of not in favour of usd, info from an american blog and there are talks that usd will not be a world currency soon, world 2nd economy china might take the lead currency role. china yuan has appreciated much todate
Nicole76, great, you have solid trust with your choice of stocks, p&o is a stock of recognition from quater results and a reliable person has once sounded on the strength of this stock, way back middle of last year where its trading at a ringgit, did not take heed of advice given therefore naturally miss the wagon, wish that it can withstand those bumps ( are there any) and went up to target
Winman, there has been talks to leg in other currencies as far back as 5 years ago. They wanted to use petro dollars ie stabs got together to try to do it and Malaysia dr m was also talking a out it. China and brazil has gone ahead to even do battering! Good on them! Also using yuan.there was also talk on Asian exchsnge currency is either yen or yuan... So far a lot of windy talking ... Nothing concrete !
Hi Abundance, Sure can chat with you no problem. Great mind thinks alike hence similar counters LOL! ;) have a great weekend too. Unless you're trading short term then ya best to watch out for the pricing, if not just chill and let it grow above rm5 ;) if momentum continues as it is will touch RM5.40 so your 5.05 is very conservative already ;P HEHEHE! Anyway decisions is yours and good luck ya!
Tq, Nicole. Pharma used to go up and up and up before split. So I hope next week EPF will buy pharma. Maybe rm5 before end of year now that its moving.
Nicole, pharma up again like old times ... Up and up. Mum could have made more money if kept a little longer. :). Anyway, no regrets if make money, ya? LOL
Hi Abundance, yup if you play for long then keep, if for short term like my mom once hit your target let go without regrets. Have fun ya will hit above rm5 soon.
Liau San. It's been going up and down 20 sen since last wed. Yes. Hope it will hit rm5 today also. Yes, Nicole. I wanted to keep for long term but eith fed tapering and going away till end month... Thought to juz sell off to preserve capital. For those who bought cheaper than rm4.50 can keep to watch
wow, 8 tradings days, shot up 80cts or near 20%, not bad, thats the magic of being recession proof and sure profit - constantly supplying medicine to hospital
No get tapering! .. Yet! Hurray. Seems this counter shy of rm 5. :). Near2 and drop again. Hope fri can hit psychologicl rm5 barrier! Nicole, Re you a chartist or TA analysis :) your prediction of Ahealth going up soon is correct. Today 15 sen ! U made money again! Good work!
KUALA LUMPUR, Sept 23 (Bernama) -- Hong Leong Investment Bank (HLIB) has maintained a "buy" rating on Pharmaniaga Bhd, a local healthcare company, with an unchanged fair value of RM5.32.
In a statement Monday, HLIB said Pharmaniaga had just concluded a two-day tender exercise to facilitate price negotiations with the Ministry of health (MOH) and which is renewable every three years. The next revision is slated to be in early 2014.
The contract value of this tender is expected at RM3 billion as compared to RM1 billion previously.
Pharmaniaga is under 10-year concession agreement to procure, supply and distribute both pharmaceutical and non-pharmaceutical products to all healthcare facilities under the purview of the MOH until 2019.
"This development is in sync with our positive outlook on the sector which bodes well with Pharmaniaga.
"Aggregating the expected contract value of RM3 billion over three years, it is safe to assume that Pharmaniaga's concession business is bound to secure a minimum RM1 billion annually," said HLIB
It said based on history, the concession revenue tends to be more than the total value of awarded contracts due to high demand, and generally the concession business yield is around 10-15 per cent.
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Posted by nicole76 > 2013-09-12 10:45 | Report Abuse
HI Abundance, no news, just have confidence in this company ;) The chart shows can easily hit 4.80 since now above 4.80 it's be able touch rm5 again if the volume continues to grow. If not it'll stabilize around this price range for awhile. So at least by pass your cost already :) So happy made money for my mom this week, bought at 4.25 and sold at 4.80 today. I'm still holding my lots because this counter gives good dividend every year so just keeping it quite sure can reach rm7 in 5 years time.