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Is Biosensors a good buy?
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ekekeg
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10-Sep-2007 11:28
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Congrats, abc2xyz. Good switch man. Am thinking likewise, but got to first start the account with Interactive. Think it will take a few days. Meanwhile selling first to get $$ for the margin deposit. ABBOTT is also stents maker. Is good. Will be a strong competitor against Biosensors globally. |
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abc2xyz
Senior |
10-Sep-2007 11:23
Yells: "A stock sucker always enriches the market makers" |
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Hi, Bengster & all, Could not wait already. Sold off all my Biosensors to switch to Abbott Labs in US market. Think Abbot has more potential than Biosensors since it is highly recommended as a growth stock. Bye bye Biosensors and all supporters. |
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Pension
Elite |
07-Sep-2007 17:41
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i think the counter got heart attack itself, can move. | ||||||||||||||||||||||||
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novena_33
Veteran |
07-Sep-2007 17:23
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wait so long.....hope i dont need to use the product..... | ||||||||||||||||||||||||
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clauswu
Member |
07-Sep-2007 14:33
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According to this commentary in the Financial Times other companies have also promising products in the bioengineered stent market. This could still be a horse run after all. Cardiologists focus on stents The main issue at the European Society of Cardiology congress in Vienna this week was the safety of stents, tiny wire-mesh tubes used to prop open clogged arteries in heart patients. Debate raged about the safety of "drug-eluting stents", which leak out drugs intended to help keep the vessels open but which are associated with serious side-effects.
Some heart specialists are going back to the original "bare metal" stents. But Robbert de Winter, a senior cardiologist at the University of Amsterdam's Academic Medical Centre, told the congress there was another alternative: bio-engineered stents that use biology rather than drugs to promote healing of the arteries. Dr de Winter has been studying the effectiveness of the Genous bio-stents made by OrbusNeich, a medical technology company based in Hong Kong. These are coated with an antibody that captures the patient's own endothelial progenitor cells, which circulate in the bloodstream and are involved in repairing blood vessels. The cells cover the stent, protecting against clotting and clogging of the artery. "Genous appears to have the same efficacy as drug-eluting stents but a better safety profile," he said. "This is an important finding in that physicians are becoming reluctant to burden their patients with the cost and compliance issues associated with drug-eluting stents and their extensive [drug] therapy requirements." Copyright The Financial Times Limited 2007 |
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jackjames
Elite |
07-Sep-2007 12:25
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** Holding tight** time will come, no problems one.. | ||||||||||||||||||||||||
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bengster68
Master |
07-Sep-2007 10:10
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*Quote* Dr. Sharma: Among the newer stents, Xience V has the most promise. Endeavor may do OK, but it will have a high target lesion revascularization rate, especially in small vessels, due to higher late loss. Still, I think it is a safe stent from a stent thrombosis point of view, even very late stent thrombosis. In my opinion, in 4 to 5 years, we will be using a DES with bioabsorbable polymer so that after 6 to 8 months, after the DES has done its job of eliminating intimal hyperplasia, it will become a bare-metal stent. Heed the wise words of top cardio. Dr Sharma is the top cardio that bloomberg interviewed on zhuge_liang's earlier post. Dr Sharma can foresee Biomatrix will be the future leader of DES. Biosensors technology is no horse run. Sooner or later Biosensor's share price will be no horse run also. NOBORI (aka BIOMATRIX) results coming out this month and you can compare the results with the current top performing Xience V. Anyway Xience V was developed with the help of Biosensors so you can just imagine how good Biosensor's stent technology really is. |
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zhuge_liang
Supreme |
07-Sep-2007 00:05
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Abbott, Medtronic Fortunes to Rise on Heart Stents. | ||||||||||||||||||||||||
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ekekeg
Veteran |
05-Sep-2007 12:17
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Seems Biosensors is trying to do a somersault again. After spiked a little it gets dizzy and go the wrong way. Hey hey, someone must guide and show the way, leh. Guide the wild sheep by the mainstream uphill. |
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bengster68
Master |
05-Sep-2007 12:13
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Please bear in mind that Cypher and Taxus are the first generation DES and most of the first generation new innovation products is often the worst. The second generation onwards will be vastly improved. To write-off the future potential of DES just on researches done on Cypher and Taxus (both going to be obsolete very soon) is not very forward looking. Biomatrix will be the next industry shaking and revolutionary DES that enjoys short-term benefit DES (very low restenosis rate) and long term benefit of BMS (no late-thrombosis) plus no risky durable polymer residue remaining in patient's arteries. Biomatrix will be the new benchmark performance for future generations of DES. Just wait and see NOBORI 1 ph 2 and LEADERS results then you will know how obsolete our first generation DES really is. Both of them should have gone to DES museum already. They are hopeless and giving future generations of DES a bad name. CE should come within one month from NOBORI announcement. And NOBORI should announce somewhere now. Last week ah beng told you discount period may not last for long and he loaded some during the past few trading days before yesterday's run-up. The negatitive DES sentiments will slowly go away. The DES manufacturers are using media to fight back this over-blown late-thrombosis issue. When newer stents like Xience, Endeavor and the biggest star DES Biomatrix take over market leadership of first generation DES Cypher and Taxus, late-thrombosis will be of even lesser issue. Poor polymer technology is the main culprit. Wait for NOBORI announcement and see this stock go up again. I think chances of Biomatrix CE this time round is high because of better media campaign by DES manufacturers, no thrombosis problem for Biomatrix up to now, no warning signs of late-thrombosis found in Biomatrix, excellent NOBORI results, strong lobbying done in Netherlands, more doctors endorsing Biomatrix, too openly unreasonable delay of approval by the CE (may lead to corruption investigation for like in China and ex-FDA chief). Mr Market under-estimated the power of JW deal. Biosensors own the top 3 DES player in China with exponential growth and already making a lot of money there. Biosensors is paying $1 for $6 value. Mr Market also under-estimated the failure of Conor. JNJ is on the prowl to make another acquisition and Biosensors is the last and best target full of IP and patents. Just sit back and watch the takeover unfold over the next few months and the true value of Biosensors will finally be revealed. It will be shocking to local investors how come this dog can actually worth so much and has been so undervalued for so long and we will see the red/golden hair CEO on the front page of Business Times headline news. This is guideline using sum-of-parts breakdown of how much Biosensors is truly worth during takeover: 1. IP and patents = US$1.00B 2. Cash and share value of JW,Devax & Xtent = US$0.50B 3. IDE for Biomatrix in Japan= US$0.15m 4. CE for Biomatrix = US$0.40B 5. FDA IDE for Biomatrix = US$0.40B ------------------------------------------- TAKEOVER PRICE: US$2.45B ========================= Biosensors has already item 1,2 and 3 in their pocket. Now pending item 4 and 5. Valuation of item 3, 4 and 5 was a guide provided by LEK Consulting, the top global valuation specialist at M&A for Biomed/Pharma companies. This valuation figure has already been adjusted for recent decline in global DES sales. Item 1 is my personal valuation for all IPs and patents relating to S-stent, Biomatrix and Biomatrix-Freedom and up-coming fully bioabsorbable DES. Item 2 is based on JW's 2008 forecasted earnings of US$25m x PE of 30 times= US$750m (being China growth story). 50% ownership of JW = US$375m worth. Cash during takeover offer time will be around US$70m plus shares in listed licensee Devax and Xtent, which all add up to around US$500m. That is probably what the red/golden hair CEO is thinking in his mind. Full calculation of all outstanding shares (including recent share issue for JW acquisition, share options and warrants) will be 1.189B share. US$2.45B/1.189B shares = US$2.06 per share or $3.15 per share. I believe our golden hair CEO will start his asking price at around US$3B. |
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Pension
Elite |
04-Sep-2007 21:21
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dun be too happy, this counter is very volatile and the company risk is oso high. if one of their product develop defect, the share price will drop like fly. |
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jackjames
Elite |
04-Sep-2007 21:14
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yeah, true enough, my recent portfolio is growing fast.. yeah, lucks from the SJ memebers, ekekkekee.. |
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TChiew
Member |
04-Sep-2007 21:07
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Hi jackjames, You must thank all the SJ members also. Every time you invest in a new counter, he/she blesses you with "Good Luck". That is the reason your portfolio grows. Wish you good luck again |
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jackjames
Elite |
04-Sep-2007 14:56
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let's huat together this time.. well, we are not surviving through this counter only what.. this is just part of our portfolio.. |
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ekekeg
Veteran |
04-Sep-2007 12:16
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Nah, Biosensors counter has all along made money for me. Buy, sell, buy sell for a long time already. Once in a while it will test your patience. If you lose it, you lose. Have gone thru many ups and downs. Was 95c I started, went down to 75c, collected some more then sold at 1.10 cts. Twice this way. Before learning to make money from the counter, I did lose due to lack of patience. Now I learned already, cannot be shaken. Cheers to all. |
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787180
Master |
04-Sep-2007 12:04
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Don't waste time on this counter..subject to ao many regulatory approvals...entry point<60cts hev been shorting from $1.10 and still making..all those wait since 2005-2006..ask yourself wasted opportunities..U lose> than U make...everybody waiting for $1.10...CE approval...sell if it even hit.$1.00 again | ||||||||||||||||||||||||
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ekekeg
Veteran |
04-Sep-2007 11:58
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Cheonging already. Tomorrow you likely smell 75c. Good luck to everyone vested and the loyal faithfuls of Biosensors. |
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novena_33
Veteran |
04-Sep-2007 09:23
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can i smell 70c today...... | ||||||||||||||||||||||||
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jackjames
Elite |
04-Sep-2007 09:22
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marching towards support point at 0.75, if break, see you at 0.84... then, CE comes, 2.00, muahahahhhahhahaha. |
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jackjames
Elite |
04-Sep-2007 09:11
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CHEONG ARRRRGGGGHHH Bingo! |
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