Posted by reime > 2018-09-18 14:35 | Report Abuse

queing sell @ 0.375..

Posted by reime > 2018-09-18 14:36 | Report Abuse

hold till old...

Posted by Hasnulhalim88 > 2018-09-18 17:41 | Report Abuse

HOVID is playing psychology with us shareholder. Mental strength must be tough.

Posted by Hafid > 2018-09-19 09:38 | Report Abuse

this is the 2nd time.

Posted by multi530 > 2018-09-20 09:56 | Report Abuse

i just buy when price drop to 0.355

Posted by multi530 > 2018-09-20 10:00 | Report Abuse

actually it is a fun to participate in a price war with a takeover party. gains experience and knowledge

Posted by multi530 > 2018-09-20 10:04 | Report Abuse

dont forget, David and partners their cost of finance are heavy than us.

Posted by multi530 > 2018-09-20 10:04 | Report Abuse

hold it if u got holding power

Posted by Lim Tek Wai > 2018-09-20 11:07 | Report Abuse

Good stock, make huge profit !

Posted by Czarll > 2018-09-20 12:00 | Report Abuse

Last chance to get on the train.... Buy ah...

Posted by KiasiPu > 2018-09-21 08:39 | Report Abuse

wait for their letter and i will vote against.

Posted by multi530 > 2018-09-22 09:32 | Report Abuse

after 1yr， financial position is more healthy, the lrice should be at least 0.40 with dividend

Posted by multi530 > 2018-09-22 09:33 | Report Abuse

sorry, should be 0.40 plus dividend

Posted by Wilson345986 > 2018-09-25 17:51 | Report Abuse

Hold....hold.....hold

Posted by KiasiPu > 2018-10-02 09:17 | Report Abuse

Someone is buying 0.365

Posted by Lich > 2018-10-03 10:11 | Report Abuse

"As such, the Proposed Withdrawal is not regarded as a related party transaction under the provisions of the Listing Requirements. Accordingly, FASB, David Ho and persons connected to them are not required to abstain from voting (in respect of their direct and/or indirect shareholdings if any) on the special resolution for the Proposed Withdrawal to be tabled at an EGM to be convened"

My bet is for it to be de-listed, unless more than 10% of those "present" during the EGM objected. In short, assuming the remaining 20% minority shareholders are present, half will need to vote no. Difficulty increases with non-attendance. De-listing results in the takeover offer becoming unconditional, which as has been pointed out by others, unlikely to meet the 90% trigger for compulsory acquisition (although there are exceptions).

Therefore, the question is this: Can you hold on to your stake until the next listing / exit, which is probably going to be at least 3-4 years? Do bear in mind that if you cannot wait and decide to sell for whatever reasons (because shit happens in life), you may need to take a liquidity discount. If you can wait, then all the best for you! But know what you are getting yourself into.

Posted by Rav > 2018-10-04 14:13 | Report Abuse

Thanks for the info.....will hold to it....i have confident on the gaining higher returns

Posted by KiasiPu > 2018-10-04 17:02 | Report Abuse

Keppel and SPH offer Axiata to buy M1 @ 2.06, but the share price immediate jump to 2.1.
Why hovid cannot jump over 0.38?

Posted by austinyeo > 2018-10-08 17:54 | Report Abuse

I will keep until it reach my cost 0.50

Posted by stockraider > 2018-10-08 18:34 | Report Abuse

Remember the de- listing will happen if there are;

1. not enough share of share of more than 10% in value voting against to block

2. Or dissenting shareholders in number voting against is less than those who support & voting for loh....!!

Raider says it is ok....to let hovid to be de-listed mah....raider no fear loh...but stay put in from accepting the GO....pls hold out for price far above rm 0.38 mah.....!!

Posted by stockraider > 2018-10-08 18:37 | Report Abuse

Posted by Lich > Oct 3, 2018 10:11 AM | Report Abuse

"As such, the Proposed Withdrawal is not regarded as a related party transaction under the provisions of the Listing Requirements. Accordingly, FASB, David Ho and persons connected to them are not required to abstain from voting (in respect of their direct and/or indirect shareholdings if any) on the special resolution for the Proposed Withdrawal to be tabled at an EGM to be convened"
CORRECTLOH....!! LIKELY DELISTING UNLESS ;

Remember the de- listing will happen if there are;

1. not enough share of share of more than 10% in value voting against to block

2. Or dissenting shareholders in number voting against is less than those who support & voting for loh....!!


My bet is for it to be de-listed, unless more than 10% of those "present" during the EGM objected. In short, assuming the remaining 20% minority shareholders are present, half will need to vote no. Difficulty increases with non-attendance. De-listing results in the takeover offer becoming unconditional, which as has been pointed out by others, unlikely to meet the 90% trigger for compulsory acquisition (although there are exceptions).
YES IT WILL TRIGGER DELISTING BUT UNLIKELY TO TRIGGER GO LOH....!!

Therefore, the question is this: Can you hold on to your stake until the next listing / exit, which is probably going to be at least 3-4 years? Do bear in mind that if you cannot wait and decide to sell for whatever reasons (because shit happens in life), you may need to take a liquidity discount. If you can wait, then all the best for you! But know what you are getting yourself into.
RAIDER ANS IS : YES....THIS IS WHAT RAIDER IS DOING LOH....!!

Posted by actura > 2018-10-09 12:13 | Report Abuse

Hovid no show....

Posted by beatme > 2018-10-09 17:16 | Report Abuse

closed at highest. will break 0.38 tmr? XD

Posted by Hasnulhalim88 > 2018-10-09 23:04 | Report Abuse

haha

Posted by stockraider > 2018-10-15 11:46 | Report Abuse

Good morning Hovid allies....!!

By now u will have received the takeover offer documents at Rm loh....!!

Raider advice that u do nothing even if u intend to accept the offer loh....!! The reasons is as follows:

1. The deadline of acceptance is 4 Dec very long time mah....!!
2. The offer got condition that the delisting of hovid must be approved by shareholders, b4 they can pay u loh...!! If not approved they will return your share even u have accepted loh...!! So u still have time, u wait for the outcome of the egm of delisting of hovid to be convene and approve b4 u accept loh..!! Meanwhile this 2 mths....they is a possibility the GO maybe revise upwards loh....!!

The majority of the allies raider advice u not to accept and fight on loh....!!
Even it is delisted....the owner still want to buy u out, even at a higher price, just hold your guns.

Posted by Huatlar > 2018-10-15 15:52 | Report Abuse

Hold tight

Posted by pundekman > 2018-10-16 11:23 | Report Abuse

i want to go private with them...then relist in hk at later date ;-)

Posted by wannabeinvestor > 2018-10-16 13:15 | Report Abuse

die die hold...i enter at .485 damn hovid...

Posted by hoplanner > 2018-10-17 11:43 | Report Abuse

Wow o.485!!! Sympathise with you.
By the way gentlemen what is yr take 'tis time. Do u think the offerors r going to succeed? Pls give an honest feedback.

Posted by actura > 2018-10-25 15:41 | Report Abuse

@wannabeinvestor, u have alot?

Posted by multi530 > 2018-10-27 14:20 | Report Abuse

no matter how ， just hold

Posted by multi530 > 2018-10-30 22:46 | Report Abuse

i received EGM notice for the withdrawal and exist offer

Posted by multi530 > 2018-10-30 22:47 | Report Abuse

26 nov is egm

Posted by Learntoearn > 2018-10-31 19:14 | Report Abuse

Hold

Posted by Learntoearn > 2018-10-31 19:15 | Report Abuse

650,000 units here...I won't take the offer

Posted by multi530 > 2018-10-31 21:25 | Report Abuse

learntoearn, u going to attend egm?

Posted by Learntoearn > 2018-11-01 09:59 | Report Abuse

Not decide yet

Posted by multi530 > 2018-11-01 11:17 | Report Abuse

i'm not able to get leave to attend the EGM.

Posted by jowong7 > 2018-11-03 10:13 | Report Abuse

Hovid Berhad
Voluntary recall of Mixture Potassium Citrate batch number BH09184

Kuala Lumpur, October 26, 2018: We received a complaint about our product Mixture Potassium Citrate from one of our customers, we are currently investigating the matter and as a precautionary measure we are voluntarily recalling batch number BH09184 of Mixture Potassium Citrate. Hovid is undertaking this voluntary recall in consultation with National Pharmaceutical Regulatory Agency (NPRA) of Ministry of Health.

Consumers are to return product with batch number BH09184 at their point of purchase for a refund. The voluntary recall is only limited to this batch, all other batches and products are not affected.

For further information, contact us at +6 014-2467738 (Monday – Sunday, 8:00am – 6:00pm) or email us at customercare@hovid.com should you have further queries.

Customer safety is paramount to us and we will always ensure that right measures are taken to preserve their wellbeing.

Product Name: Mixture Potassium Citrate
Product registration number: MAL19911144X

Posted by somchik > 2018-11-03 21:40 | Report Abuse

What about those that have hovid shares pledged to that bank .. how to hold?

Posted by somchik > 2018-11-03 21:54 | Report Abuse

What happen if we won the vote against delisting?

Posted by kevin5059 > 2018-11-06 23:37 | Report Abuse

Can somebody give some insight, to trigger the compulsory acquisition (<90%), the offerer will need to:

1) Own more than 90% of the total HOVID market share (including shares that already owned by the offerer)?
2) Own more than 90% of the HOVID shared that still in public hand (not including shares that already owned by the offerer)?

so it is 1) or 2)? If 1) i think it is not so difficult to achieve, but if 2), I don think they going to get it with 38sen.

Thank you.

Posted by taitaumau > 2018-11-09 11:42 | Report Abuse

@kevin5059, scenario (2) will trigger compulsory acquisition under Sec 222 of CMSA

Do refer to the flow chart contained in the Circular to shareholders (29/10/2018)
- under Part B, Independent advice letter - Page 36

&& The said flow chart will render u a clear understanding of various possible outcomes pursuant to the proposed delisting exercise by HOVID.

Posted by taitaumau > 2018-11-10 13:35 | Report Abuse

@hoplanner, Once bursa and EGM approvals are obtained, HOVID will be delisted irrespective of any acceptance level of the offer.

By virtue of Listing Requirements Chapter 16.06 - Request for withdrawal of listing status,

- shareholders are to be offered a reasonable cash alternative (presumably RM 0.38 in this case) which is so called the “exit offer”

- dissenting shareholders will end up holding the unlisted HOVID shares, unless the compulsory acquisition under Sec 223 is invoked.

Posted by Bell Cranel > 2018-11-23 11:03 | Report Abuse

bullish incoming.

Posted by k3nthiew > 2018-11-26 10:12 | Report Abuse

anyone attend the egm?

Posted by k3nthiew > 2018-11-26 14:44 | Report Abuse

EGM gone tru??

Posted by multi530 > 2018-11-26 16:41 | Report Abuse

wait for annoucement after 5pm

Posted by multi530 > 2018-11-26 16:41 | Report Abuse

20 more min to go.

Posted by k3nthiew > 2018-11-26 17:27 | Report Abuse

still nothing...