Hi guys
Very sorry I must be the "bad guy" who gives warning
Spammers like 3iii, Mikecyc, shootup & others in Netx forum should do their duty in warning. But none bothered as they are all obsessed & possessed with spams there day and night - totally oblivious to real danger stocks like this covid 19 vaccine bull rampage
1) Pharmaniaga is not the inventor of Covid 19 vaccine. It only do the bottling.
How much does bottling makes? As we know Pharmaniaga deals with Malaysian Government.
The margin is razor thin
Let's check the Results of Pharmaniaga
SUMMARY OF KEY FINANCIAL INFORMATION
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INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
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||||
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CURRENT YEAR QUARTER
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PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
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PRECEDING YEAR
CORRESPONDING PERIOD |
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31 Mar 2020
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31 Mar 2019
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31 Mar 2020
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31 Mar 2019
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$$'000
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$$'000
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$$'000
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$$'000
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||
| 1 | Revenue |
819,921
|
786,108
|
819,921
|
786,108
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| 2 | Profit/(loss) before tax |
30,880
|
30,243
|
30,880
|
30,243
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| 3 | Profit/(loss) for the period |
22,415
|
19,648
|
22,415
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19,648
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| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
22,399
|
19,617
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22,399
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19,617
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| 5 | Basic earnings/(loss) per share (Subunit) |
8.57
|
7.53
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8.57
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7.53
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| 6 | Proposed/Declared dividend per share (Subunit) |
6.00
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6.00
|
6.00
|
6.00
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|
AS AT END OF CURRENT QUARTER
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AS AT PRECEDING FINANCIAL YEAR END
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||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.3400
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1.2900
|
||
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
Profit is Rm22.399 millions
So divides Rm22.399 millions by Rm819.921 Millions
= 2.7% that's the razor thin profit margin dealing with Govt Hospitals
Now how much will bottling cost for 32 million Malaysians (by the way not all Malaysians go Govt hospitals)
Now if all 32 million Malaysians use One Bottle of vaccine which might be free
See
PRESS RELEASE
World leaders unite in call for a people’s vaccine against COVID-19
More than 140 world
leaders, experts and elders have made an unprecedented call for
guarantees that COVID-19 vaccines, diagnostics, tests and treatments
will be provided free of charge to everyone, everywhere
GENEVA, 14 MAY 2020—More than
140 world leaders and experts, including the President of South Africa
and Chair of the African Union, Cyril Ramaphosa, the Prime Minister of
Pakistan, Imran Khan, the President of the Republic of Senegal, Macky
Sall and the President of the Republic of Ghana, Nana Addo Dankwa
Akufo-Addo have signed an open letter calling on all governments to unite behind a people’s vaccine against COVID-19. The call was made just days before health ministers meet virtually for the World Health Assembly on 18 May.
The letter, which marks the most ambitious position yet set out by
world leaders on a COVID-19 vaccine, demands that all vaccines,
treatments and tests be patent-free, mass produced, distributed fairly
and made available to all people, in all countries, free of charge.
Other signatories include the former President of Liberia, Ellen
Johnson Sirleaf, the former Prime Minister of the United Kingdom, Gordon
Brown, the former President of Mexico, Ernesto Zedillo, the former
United Nations Development Programme Administrator and former Prime
Minister of New Zealand, Helen Clark.
They join notable economists, health advocates and others, from the
Chair of the Elders and the former President of Ireland, Mary Robinson,
Nobel Laureate, Joseph Stiglitz, to Moussa Faki, Chairperson of the
African Union Commission, Dr John Nkengasong, Director of African
Centres for Disease Control and Prevention, and Dainius Puras, the
Special Rapporteur on the right of everyone to the enjoyment of the
highest attainable standard of physical and mental health.
“Billions of people today await a vaccine that is our best hope of
ending this pandemic,” said Cyril Ramaphosa, President of South Africa.
“As the countries of Africa, we are resolute that the COVID-19 vaccine
must be patent-free, rapidly made and distributed, and free for all. All
the science must be shared between governments. Nobody should be pushed
to the back of the vaccine queue because of where they live or what
they earn.”
“We must work together to beat this virus. We must pool all the
knowledge, experience and resources at our disposal for the good of all
humanity,” said Imran Khan, Prime Minister of Pakistan. “No leader can
rest easy until every individual in every nation is able to rapidly
access a vaccine free of charge.”
The letter, coordinated by UNAIDS and Oxfam, warns that the world
cannot afford monopolies and competition to stand in the way of the
universal need to save lives.
“This is an unprecedented crisis and it requires an unprecedented
response,” said former President of Liberia, Ellen Johnson Sirleaf.
“Learning the lessons from the fight against Ebola, governments must
remove all the barriers to the development and rapid roll out of
vaccines and treatments. No interest is more important than the
universal need to save lives"
The leaders recognize that progress is being made and that many
countries and international organizations are cooperating multilaterally
on research and development, funding and access, including the welcome
US$ 8 billion pledged on 4 May at the European Union’s international
pledging marathon.
However, as many countries and companies are proceeding with
unprecedented speed to develop an effective vaccine, the leaders are
calling for concrete commitments to ensure that it is made affordable
and available to all in the quickest possible time. These include:
- A mandatory worldwide pooling of patents and sharing of all COVID-19-related knowledge, data and technologies in order to ensure that any nation can produce or buy affordable doses of vaccines, treatments and tests.
-
The rapid establishment of an equitable global manufacturing and
distribution plan for all vaccines, treatments and tests that is fully
funded by rich nations and which guarantees transparent “at true cost
prices” and supplies in accordance with need rather than the ability to
pay.
- This would include urgent action to massively increase manufacturing capacity to produce the vaccines in sufficient quantities and train and recruit millions of health workers to distribute them.
- A guarantee that COVID-19 vaccines, treatments and tests are provided free of charge to everyone, everywhere, with priority given to frontline workers, vulnerable people and poor countries with the least capacity to save lives.
“Faced with this crisis, we cannot carry on business as usual. The
health of each of us depends on the health of all of us,” said Helen
Clark, former Prime Minister of New Zealand. “The COVID-19 vaccine must
not belong to anyone and must be free for everyone. Diplomatic
platitudes are not enough—we need legal guarantees, and we need them
now.”
“Market solutions are not optimal to fight a pandemic,” said Nelson
Barbosa, former Finance Minister of Brazil. “A public health care
system, including free vaccination and treatment when that becomes
available, is essential to deal with the problem, as shown by the
Brazilian experience with compulsory licensing of antiretroviral drugs
in the case of HIV.”
More than 140 world leaders, experts and elders have made an unprecedented call for guarantees that COVID-19 vaccines, diagnostics, tests and treatments will be provided free of charge to everyone, everywhere
Read in BOLD LETTERS
BE PROVIDED FREE OF CHARGE TO EVERYONE, EVERYWHERE
Then how much will Pharmaniaga charge Govt for each bottle?
50 sen? Or Rm1.00 per bottle
Ok take Rm1.00
Then Rm1 x 32 millions Malaysian = Rm32 millions
How much profit it will be?
The simple formula is
Rm32 millions divide by Rm22.399 x 8.57 sen = 12.24 sen
And this is a one off
Now for an increase of 2.24 sen projected profit
PHARMANIAGA SHARE PRICE HAS GONE LIMIT UP FROM Rm3.50 to Rm4.55 or Up Rm1.05 (and the day before was Rm2.77)
SINCE THE NEXT FEW QUARTER RESULTS OF PHARMANIAGA WILL STILL REPORT SMALL 2.7% PROFIT THE PRICE HAS NOW RUN FAR AHEAD OF FUNDAMENTAL
OF COURSE FEW WILL TAKE HEED & ANYTHING GOES AS THIS IS NOT BULL RUN BUT "MAD COW FEVER"
May I repost an article to describe this
THE GREATER FOOL THEORY By Dr Neoh Soon Kean (Excerpts from STOCK MARKET INVESTMENT), Calvin Tan comments
Author: calvintaneng 
| Publish date:
| Publish date:
This is an excerpt from STOCK MARKET INVESTMENT In Malaysia And
Singapore by Dr Neoh Soon Kean, the Benjamin Graham of Malaysia. Year of
printing 1985
THE GREATER FOOL THEORY (Page 67 Last paragraph)
This is a theory that is usually very popular during the immature
phase of a stock market's development. More of the followers of this
theory are not aware that the trading system which they believe in goes
by this peculiar name. From the stock market's behaviour during the past
three booms, we can say that many Malaysians/Singaporeans appear to be
strong supporters of this theory. This theory was very popular in the US
during the 1920s but since then, it has fallen out of favour even
though pockets of true believers still appear from time to time.
In essence, believers of this theory hold that stock prices are
not dependent on anything tangible but rather dependent on the continual
appearance of more people who are willing to purchase the stocks at an
even higher price {these people are the so-called 'greater fools').
Thus, it neither matters what price one buys a stock nor that the
stock's price is ridiculously high by any normal standard of
measurement. Thus the believers of this school of thought hold the view
that whatever stock one buys can always be sold at a higher price
because there will always be greater fools than themselves. Thus, it is
fine to buy MUIB at $24.00 because there will be another person foolish
(or brave) enough to pay $26.00 for it. Believers of the greater fool
theory never for a minute think that the supply of fools will be
exhausted and that they may be the final purchaser before the crash.
During every stock market boom, there are usually a large number
of believers of the greater fool theory and some of them actually make a
lot of money on the way up. Some of them get out in time by finding
some greater fools to take over their hot potatoes in the nick of time
but many find that they themselves end up as the greatest fools because
there is no one else willing to bid up the price anymore. Needless to
say, the Greater Fool Theory is a much discredited one among academics
and most professionals. But it still finds many adherents. Why is this
so? Everyone is having too much fun, (that is, making so much money) on
the way up that they do not want to leave the market. George Goodman,
writing under the pen name of 'Adam Smith' has this wonderful parable to
explain how people are caught up in the web of the Greater Fool Theory
and do not know when to get out.
We are all at a wonderful ball where champagne sparkles
in every glass and soft laughter falls upon the summer air. We know, by
the rules, that at some moment, terrorists will burst in through the
terrace doors, killing many and scattering the survivors. Those who
leave early will be saved, but the ball is so splendid that no one wants
to leave while there is still time. Everyone wants to enjoy one more
dance and sip one more glass of champagne. So everyone kept asking:
"What time is it? What time is it?" We look around and find that all the
clocks have no hands.
This may be a surrealist's way of describing the stock
market but Goodman's parable has a great deal of truth in it. Of course,
we know that in every speculative boom of the past, the 'terrorists'
did come when most of the guests were still enjoying themselves at the
ball. As 'Adam Smith' implies, nobody knows when a speculative boom will
end but end it must for that is the rule. At every speculative boom,
not many of the small speculators escaped with their gains made on the
way up. Most of the smaller speculators known to me eventually lost all
their gains and much more than what has been gained.
Some even lost a large part of their original capital. Thus
on the next occassion when you happen to find yourselves at this type of
a ball, try to leave early. The problem is that once one is caught up
in the fun and games of the party, one is apt to lose touch with
reality. Chances are that believers of the Greater Fool Theory will hang
on to the bitter end, only to be slaughtered. It is better to miss a
few dances or a few glasses of champagne than lose one's life.
In concluding this section, an anecdote about Bernarde
Baruch, generally acknowledged to be the greatest stock traders of the
1920s is related. He was once asked how it was that he remained so rich
while many of his contemporaries had declared bankrupt. This was his
splendid answer: 'I always sold too early.'
Calvin comments:
This greater fool theory could be applied to stocks like IFCA from 7 sen to Rm1.87 & down to 25 sen
I have people telling me I missed IFCA on the way up. Calvin
does not go gambling in casino Greater Fool Type of Stocks. And how
they missed a fortune on the way up due to my warnings. And how they
finally lost all their 'profits and all their capitals' for overstaying.
Now I am not here to tell you how to punt or gamble. I am here to warn
of a Greater Fool Stock.
All will have to be responsible for your own actions in investment.
LATEST ADDITION TO GREATER FOOL STOCKS ARE HENGYUAN
See the Pump & Dump of Hengyuan
HENGYUAN REFINING COMPANY BERHAD (4324)
Chart Period:
The Greatest Fool who chased Hengyuan from Rm17 to Rm19 will be stuck up there for a very long time.
The Opportunistic Fools who bought the Falling Knives of Henguan from Rm15 down to Rm10 are also stuck in limbo!!
Now the Greater Fool Stock is Jaks
See
JAKS RESOURCES BERHAD [S] (4723)
Chart Period:
The Greatest Fools who chased Jaks near Rm1.80 will be hung up there for a very long time
Now in progress are Many Opportunistic Fools who bought the falling
knives of Jaks from Rm1.50 to Rm1.00 will also be caught & stuck in
limbo later when price of Jaks return back to its true level
So take care
Calvin Tan Research
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-07-23-story-h1510691619-BE_CAREFUL_OF_COVID_19_VACCINES_TRIGGERED_MAD_COW_FEVER_NOT_BULL_RUN_LA.jsp
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-07-23-story-h1510691619-BE_CAREFUL_OF_COVID_19_VACCINES_TRIGGERED_MAD_COW_FEVER_NOT_BULL_RUN_LA.jsp
