EHH - Eagle Health Holdings

[System]

Eagle Health Holdings is principally engaged in the development, manufacturing, marketing and distribution of health food products and nutritional and dietary supplements in China.

It is anticipated that EHH will list on the ASX during June 2017.

http://www.eaglehealthltd.com

 

[greggles]

Don't know much about Eagle Health Holdings but noticed today that it has run up from 20c over the last month and is now approaching serious resistance at 30c on increasing volume.

No new of note this month that would explain the share price increase. Might be a potential trading opportunity if it makes a strong move above 30c on volume.

 

[Ryco]

back to Lower 0.15 good opportunity to buy here and 0.3 coming in the next 2-3 months

 

[Dona Ferentes]

the tie-up with ZNO hasn't hurt this one, a "vertically integrated health and nutritional products business which develops, manufactures and distributes products into 26 provinces in China. Eagle Health produces a range of traditional Chinese medicine and Western nutritional products including amino acids, protein supplements, lozenges and dendrobium oil."

 

[frugal.rock]

Was an interesting start...!


Currently $0.17, which is 36% up and it's still only half the price of 6 months ago...
Giddy up. Great for holder's!

F.Rock

 

[Dona Ferentes]

Linkage with ZNO doing great things, as the latter has come out with a covid-19 statement of efficacy, and Eagle looking to distribute said sanitiser into China.

Up some more

 

[frugal.rock]

My March comp entry.
zoono powered product being dispatched from NZ to China "later today" apparently.
Hopefully arrives quickly and gets straight onto the packaging and labeling line pronto, and the same for distribution of finished product.
Good for Eagle and Zoono.
March should hopefully be a good month with the world discovering Corona Virus killing hand sanitizer, clinically tested and proven.
Should be noted, Eagle has entered into a supply agreement with a major African distribution chain.
Hopefully everyone starts having baths in the stuff!
Giddy up.
I hold.

F.Rock
PS: fly away, my pretty, fly away.

 

[frugal.rock]

So Eagle announced dividend distribution today.
Not a big one, but good to see.
A huge $0.0012 per FPO share.
Enough working capital and a recent finance arrangement to draw on.
Price went sideways for nearly 3 months before getting active around 2 weeks ago.
Looking forward to some more news on the "in demand" products that they will imminently market.
Several intraday highs over $ 0.20 recently, minor retreat today (0.005), but happy with it's position, momentum, rising volume and the all important SP.

F.Rock
PS: despite the divvy being low, I like the idea of companies distributing profits, a sign of good faith IMO.

 

[frugal.rock]

Update. Trading Holt....
Released ASX 09:23, 04/03/2020

"Eagle Health expects the trading halt to last until an announcement in connection with the contract and expansion of its manufacturing facilities is made which will be no later than before commencement of trading on Friday 6 March 2020."

Gee upper! Expect me to wait until Friday? Better be better than a +50%r... Giddy giddy up!

F.Rock

 

[Dona Ferentes]

My March comp entry.

.. fly away, my pretty, fly away.

 

[frugal.rock]

Haha, good pick Dona.
It just so happens that song was on the first vinyl I got years ago... album was 1981 ' Over the Top'...
now I'm just 'over the hill'...

Will have to re-evaluate the trade strategy now. Plenty of time to run through the options though!

F.Rock

 

[Dona Ferentes]

on a roll on a down market day

Highlights 
- Brand new medical mask production lines added to Xiamen facility
- Production capacity of ~300m units per annum for BFE>95% disposable medical masks
- Production has commenced for the first purchase order of 3.2m units
- “Green Channel” facility status is expected to be granted imminently by Chinese government
- First shipment for Zoono co-branding raw materials has arrived Xiamen
- The Company is well-positioned to participate in the fast-growing medical mask market.

 

[Dona Ferentes]

 

[frugal.rock]

Just the start of the growth IMO. Not financial advice.
I'm out as of today. I willl have eagle eyes on it again next week though...

F.Rock

 

[Dona Ferentes]

I'm out as of today. I willl have eagle eyes on it again next week though...

Prufrock

Well played Sir

 

[frugal.rock]

Well played Sir

au contraire, a better price alas, I did not achieve, but one must not complain about a healthy profit.
One must adjust to the current climate and adjust trade strategies...
or accept drawdown for a period of time...

F.Rock

 

[Dona Ferentes]

Not a good look, suspended because of non production of Accounts in a timely manner

 

[frugal.rock]

There's been a distinct lack of news out of Eagle. Is no news good news?
Very disappointed with them, as one would expect they would be run off their feet.
Maybe they have been commandeered by the ccp.

F.Rock

 

[Dona Ferentes]

be a bit more of this happening

In light of the level and nature of uncertainty relating to COVID-19, the Board has decided it would not be appropriate for it to proceed with the previously announced dividend and it is in the best interests of the Company to cancel the dividend that was payable on 30 April 2020, as permitted by the Company’s constitution

 

[frugal.rock]

Happy to not be holding
Feel sorry for anyone who is.

F.Rock