HOVID (7213) is a very special company in BURSA MALAYSIA and its worth to look at now and invest for many logic trading analysis as below:
When talk about HOVID history, its come from a long long way, its best you watch the video to know how far have HOVID come through and its the legend of Chinese Medical product able to make a new legend in BURSA MALAYSIA? Judge yourself !
HOVID is a brand that most of the people know and proud because its a International product that come from Malaysia, I do not want to talk too detail about how is their company, but if you think to invest in long term with this company, yes you should read and study about it, because I find this company worth looking for a long term investment !!
First most importantly is how is the company business? Making money? Yes ! Hovid have come from a long way, the fall before because of CAROTECH investment, even its have delisted already, its hard to explain but this company make them lose money and after few years of struggle and last few day quarter result have show HOVID is seriously improving and very potential to break new high for the stock price.
Hovid have success maintain their profit and seems to be improving. You might not know that they going to have new production line by next year, not only that, they also will have a new distribution centre which helps for import business and local. You can refer here : https://www.youtube.com/watch?v=mZY-qYE0m4c
You may also find that pattern cliff, its a good chance for HOVID to get more opportunity. You may read whats pattern cliff here : http://klse.i3investor.com/blogs/rhb/55900.jsp
Tocotrienol is also once of their product that might change everything ! Refer here
http://klse.i3investor.com/blogs/bfm_podcast/59636.jsp
Lets back to more detail stuff of HOVID future:
AND SOME BIG SECRET !!
US DOLLAR IF KEEP MOVING UP is actually benefit to HOVID, as you know Dollar is increasing. HOVID business actually 60% is import to oversea and only 40% local. You may listen what the boss say here:
http://klse.i3investor.com/blogs/bfm_podcast/59636.jsp
Another one, look at share capital and retained earnings... :D
Did you notice one of their important products is made from palm seed ? Palm oil price is dropping which might lower the cost as well !!
Lets view their chart a while:
Its seems HOVID testing previous new high already when RHB give a TP of 0.46, which later dropping back to current level. 0.385. Even during market big drop time, its fall to 0.34 and quickly rebound. Its high chance to test new high ! And with such good result, its not much possible to fall lower again.
HOVID is a very smart company as well, recently they launch a new product for good sleeping, and not to forget that they have online store as well. They know market is in such a bad situation, everybody involve in stock market might not be able to sleep well, so this HO YAN HOR NIGHT TEA might suitable for you to drink and sleep well.
HOVID is definitely a good investment and safe to buy counter at this kind of bad market.
My conclusion for logic trading analysis on HOVID :
1. Hovid got a very good boss, he know from bottom to top. He experience all and have the expertise.
2. Hovid manage to climb back after a really bad investment of CAROTECH.
3. Pattern Cliff
4. Tocotrienol
5. They going to have distribution centre to speed up everything.
6. Fundamental improving and potential of bonus issue in futures.
7. More new products
8. A strong local brand
9. USD VS RM
10. Nothing to lose, price is at cheap level.
11. Sickness is increasing, medical is new trend of futures big boom market after technology.
My First TP 0.46, Second 0.6, Third 1.0 (long term)