NOVA WELLNESS GROUP BERHAD

KLSE (MYR): NOVA (0201)

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Last Price

0.525

Today's Change

0.00 (0.00%)

Day's Change

0.52 - 0.525

Trading Volume

121,200


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833 comment(s). Last comment by EngineeringProfit 21 hours ago

Posted by sharkdododo > 2020-05-13 09:21 | Report Abuse

CONTINUE THE STRIKE! JUMP ON THE BOAT BEFORE TOO LATE

MohdHafiz

25 posts

Posted by MohdHafiz > 2020-05-13 09:22 | Report Abuse

wow, whats the tp

Posted by sharkdododo > 2020-05-13 09:36 | Report Abuse

RM 1.00 HUAT HUAT HUAT

Posted by sharkdododo > 2020-05-13 10:09 | Report Abuse

NOVA BREAKING 81 CENTS. BIG RESISTANCE!

Foker

1,406 posts

Posted by Foker > 2020-05-13 11:37 | Report Abuse

Who is selling? Next time when agm convenes, I will propose resolution to ban selling this stock.

zhexiangxd

224 posts

Posted by zhexiangxd > 2020-05-13 11:48 | Report Abuse

this company fundamental so good and net cash but nobody want goreng people like loss making company more

valuelurker

1,133 posts

Posted by valuelurker > 2020-05-13 12:35 | Report Abuse

No limit up ka

Foker

1,406 posts

Posted by Foker > 2020-05-13 18:07 | Report Abuse

Highly profitable company. Their NTA same as Bioalpha, but making much more money. If they pump their profits in the prospectus leading to the IPO date, then this stock will crash to 20 sens

Foker

1,406 posts

Posted by Foker > 2020-05-13 18:09 | Report Abuse

Hopefully we are not buying into a company run by crooks. Their ability to churn profits is very strong. Even without the new factory they are making as much as Bioalpha. Strong ability to pay dividends too. It is even more difficult to read a business than reading TA, i just hope I didn't get it wrong.

Foker

1,406 posts

Posted by Foker > 2020-05-13 18:10 | Report Abuse

Margin of safety is not there. If I am wrong and they are lying about their profits, then i will lose big.

hoongkk

121 posts

Posted by hoongkk > 2020-05-13 18:48 | Report Abuse

Foker, boss steady don't worry.

Foker

1,406 posts

Posted by Foker > 2020-05-13 21:16 | Report Abuse

Fear Trend, your peng lam source real or not?

dickson2u

230 posts

Posted by dickson2u > 2020-05-13 21:40 | Report Abuse

First time i kena trap. coz i always buy in red and sell in green. This time buy in green and @ 815

stockraider

31,556 posts

Posted by stockraider > 2020-05-13 22:22 | Report Abuse

If worry just cut loss lah...!!

Posted by Foker > May 13, 2020 6:07 PM | Report Abuse

Highly profitable company. Their NTA same as Bioalpha, but making much more money. If they pump their profits in the prospectus leading to the IPO date, then this stock will crash to 20 sens


Foker
154 posts
Posted by Foker > May 13, 2020 6:09 PM | Report Abuse

Hopefully we are not buying into a company run by crooks. Their ability to churn profits is very strong. Even without the new factory they are making as much as Bioalpha. Strong ability to pay dividends too. It is even more difficult to read a business than reading TA, i just hope I didn't get it wrong.


Foker
154 posts
Posted by Foker > May 13, 2020 6:10 PM | Report Abuse

Margin of safety is not there. If I am wrong and they are lying about their profits, then i will lose big.

dickson2u

230 posts

Posted by dickson2u > 2020-05-14 00:31 | Report Abuse

nevertheless their dividend got at least 1.6% ....will hold it for months....

dickson2u

230 posts

Posted by dickson2u > 2020-05-14 00:35 | Report Abuse

When is the QR result out. i look ate previous was 16 May for QR.
Should be end of this week or next week.....let see the QR.
If good can invest more

birdie84

94 posts

Posted by birdie84 > 2020-05-14 09:55 | Report Abuse

Haha kaput!

Posted by HantuRaya2020 > 2020-05-15 15:43 | Report Abuse

Sudah habis goreng? Harga bagus lagi ni..

Posted by simon2play > 2020-05-15 16:02 | Report Abuse

Whts the worry? Selling is good and well absorbed. shows more interest. U can’t go wrong w the Healthcare sector, esp so when its the only sector to register Earnings every next quarter. Wait till earnings released, by then everyone will be rushing back to buy. Nova has good dividends and masdive capacity fr its new factory. Its gonna many good quarters to go.

stockraider

31,556 posts

Posted by stockraider > 2020-05-15 18:00 | Report Abuse

$$$$$$$$$$$$$$$$ profit coming loh....!!

valuelurker

1,133 posts

Posted by valuelurker > 2020-05-19 10:31 | Report Abuse

Wanna sell faster sell

Posted by shortinvestor77 > 2020-05-20 15:28 | Report Abuse

Coming.

amateurJR

2,366 posts

Posted by amateurJR > 2020-05-20 16:34 | Report Abuse

muahaha I never regret holding this nova since 0.58

Posted by simon2play > 2020-05-21 08:58 | Report Abuse

Major catalyst is coming... dun miss it!!!!

sj1993

28 posts

Posted by sj1993 > 2020-05-21 09:27 | Report Abuse

what catalyst?

Posted by HantuRaya2020 > 2020-05-21 13:17 | Report Abuse

Okay. Wa beli lagi pakai duit raya anak.

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-05-21 17:53 | Report Abuse

Not bad not bad

Posted by simon2play > 2020-05-21 18:00 | Report Abuse

Yup, registering 25% growth. The point is nxt coming quarters when others wld be registering plunging earnings/losses, Nova will still continue to grow. The new factory wld provide ample growth. Stay invested healthcare, esp one that has earnings and growth.

Posted by shortinvestor77 > 2020-05-21 18:24 | Report Abuse

Give PE 20-30.

sj1993

28 posts

Posted by sj1993 > 2020-05-21 18:53 | Report Abuse

how good?

limyauc

29 posts

Posted by limyauc > 2020-05-21 19:44 | Report Abuse

Actual profit should be 4.23m if without EXTRA:
i) Other operating expenses -1,269,7049(3Q) vs 93,240(2Q) = extra 1.176m due to provision for doubtful debts and stocks obsolescence
ii) Selling and distribution expenses 1,163,477(3Q) vs 834,413(2Q) = extra 0.329 due to higher accruals of marketing campaign expenses for NWPP, increase in staff cost due to upward salary revision, accruals of sales commissions for sales staff and higher logisticand transport charges.

Total profit should be 2.722 + 1.176 + 0.329 = 4.23m

limyauc

29 posts

Posted by limyauc > 2020-05-21 20:21 | Report Abuse

why Nova put this extra 1.176m due to provision for doubtful debts and stocks obsolescence in this 3Q????

May b to make profit margin normalize to 30%. Put in all expenses first

newbie2201

194 posts

Posted by newbie2201 > 2020-05-21 20:58 | Report Abuse

Obviously Nova keep some revenue & profit for next quater financial year end 2019 Q4 R-9,626m / P-5,639m

Posted by shortinvestor77 > 2020-05-21 22:00 | Report Abuse

I strongly agree. I have the same feeling. Nova will record this doubtful debts back as profit next Q.

newbie2201

194 posts

Posted by newbie2201 > 2020-05-22 00:09 | Report Abuse

YUP. Coz check back the record always Q4 is the best Q.

newbie2201

194 posts

Posted by newbie2201 > 2020-05-22 00:13 | Report Abuse

This already hints Us next Q will be good Q

The Group will continue to focus on growingits market share and continuing its research and development on its new products for the remaining financial quarter of the FYE 30 June 2020and into the new financial year.Barring any unforeseen circumstances, the Board believes that the Group’s prospects in the financial year ending 30 June 2020remains positive

The construction of the new GMP Plant had commenced in August 2017 and Phase 1 is completed and have successfully obtainedthe Certificate of Completion and Compliance (CCC) on 8 May 2020.Constructionof Phase 2 shall commence after physical occupancy ofPhase 1.

Posted by shortinvestor77 > 2020-05-22 08:20 | Report Abuse

CCC was obtained. Good new.

Posted by shortinvestor77 > 2020-05-22 09:32 | Report Abuse

Surprised! Price not up, but some selling.

sj1993

28 posts

Posted by sj1993 > 2020-05-22 09:46 | Report Abuse

what is CCC?

newbie2201

194 posts

Posted by newbie2201 > 2020-05-22 09:56 | Report Abuse

those they selling is short term contra player...let them throw all before going to next stage .

Posted by shortinvestor77 > 2020-05-22 10:05 | Report Abuse

Certificate of Completion and Compliance (CCC) .

valuelurker

1,133 posts

Posted by valuelurker > 2020-05-22 16:55 | Report Abuse

Wanna sell faster sell

sj1993

28 posts

Posted by sj1993 > 2020-05-22 18:18 | Report Abuse

where to find that info? @shortinvestor77

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-05-23 14:21 | Report Abuse

Accumulating more

Posted by penniless_anchovy > 2020-05-27 15:24 | Report Abuse

sell

Value888

623 posts

Posted by Value888 > 2020-05-28 12:15 | Report Abuse

lots are running

TopEarn1

467 posts

Posted by TopEarn1 > 2020-05-28 19:12 | Report Abuse

Novawellness is no longer classified as Shariah compliant company. Funds are heading out.

Posted by valuebuy8888 > 2020-05-28 20:19 | Report Abuse

Don't worry, in top 30 shareholder no fund is holding this company,

Posted by HantuRaya2020 > 2020-05-29 09:54 | Report Abuse

Alamak.. wa pegang ini share x mau lepas.. hahaha boleh sapu lagi bila jatuh.

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