Latest Forum Topics / Biosensors | Post Reply |
Is Biosensors a good buy?
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investor
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07-Mar-2009 18:40
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For Info. Just found out a bit more about the Nobori Clinical Trial for te Japanese mkt. The clinical trial is a randomised 335 patients trial of 200 patients using the Nobori DES vs 135 patients using the Cypher DES (3:2 randomisation), with the primary endpoint being TVF at 9 mths. - Info taken from an article in the May 2008 EuroPCR event. Also, in Terumo's Sept 2008 results (Q2 09), they state that the enrollment in the Japan Nobori clinical trial was completed. Putting 2 and 2 together - most probably the trial was completed on or before Sept 2008, and the 9 mths results should be ready by June 2009. Data consolidation, etc may mean result ready for publishing by Aug-OCT 2009, and Japan FDA approval subsequently. |
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investor
Senior |
07-Mar-2009 12:06
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I agree - It takes at least a year to see whether the product is accepted by the mkt, although it looks like they are seeing qtr-on-qtr growth, with the last qtr growing by 36 %. The more important events going forward that will cement this growth that we are seeing will be DEs sales in France (mgmt has not yet mentioned that it has started), as well as getting approval to mkt in China, as well as the 'dark horse', which is approval to mkt in Japan. Regarding China, a US$400m mkt, a 5 - 10 % share (which is by no means impossible) will translate to a revenue of US$20m - US$40m, with gross margin of 65-70%. The dark horse is Japan - so far very little mentioned by the mgmt, although, my impression is that clinical trials were started by Terumo in July 2007 (see Terumo's slides presentation somewhere in Aug 2007). Taking July 2007 as the starting point, it takes 6-9 mths to get the total cohort of patients, which means that we are getting nearer to the 1 yr clinical test results, that are normally needed for such tests. NOte - All assumptions above are pure conjectures - DO not use them to buy/sell Biosensors. For info only. |
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dcang84
Veteran |
07-Mar-2009 11:38
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Encouraging result but do look out for next quarter. It will give you an indication of how fast BIG's DES is growing. You'll need more than one quarter to ascertain growth trajectory and whether it is sustainable. So far management has done a decent job on strategy execution. They say what they were going to do and stick to the script. | ||||
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JustForFun
Member |
07-Mar-2009 10:54
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Biosensors Receives CE Mark for Smaller-Diameter BioMatrix™ Drug-Eluting Stent Singapore, 6 March 2009 – Biosensors International Group, Ltd. (“Biosensors” or the “Company”, Bloomberg :BIG SP) announced today that it has received CE Mark approval for a 2.25mm diameter version of its BioMatrix drug-eluting stent system, further expanding the currently available range of 2.50mm to 4.00mm stent diameters. This new addition to the BioMatrix portfolio offers a major opportunity to increase market penetration, as an estimated 12 to 15 percent of all Percutaneous Coronary Interventions (PCI) involve blood vessels with diameters of 2.50mm or less. BioMatrix was originally launched in Europe in April 2008, where its proprietary coating formulation consisting of an abluminal biodegradable polymer and the Biolimus A9™ drug has been very well accepted. BioMatrix is now available in many International markets outside of China, the U.S.A. and Japan. R. Michael Kleine, President and CEO, commented: “We are extremely pleased with the addition of the 2.25mm stent to our BioMatrix offering. It confirms our commitment to provide physicians and patients with our state of the art technology in a wide range of lengths and diameters. We expect to launch this new size BioMatrix stent during the next several months.” |
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787180
Master |
04-Mar-2009 23:44
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BIG has seen its worst from a low of about 23cts...the weak or no holding power already out..too risky to short no meat left ....can hold for long term if of course U don't need the $$$
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AK_Francis
Supreme |
04-Mar-2009 15:08
Yells: "Happy go lucky, cheers." |
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Augtung! low vol. Not active today leh. Players AWOL? | ||||
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allright
Senior |
04-Mar-2009 14:59
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Its .405 /.41. Let's hope this time the price can start moving up steadilly. Didn't average down but any price up means lose less right? Still holding on and hoping | ||||
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scotty
Senior |
03-Mar-2009 21:19
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Hi hi... good to see you here. Haha.. What do you think of Biosensors now? Short or Long?
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trader88.sg
Veteran |
03-Mar-2009 19:53
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True, this is a BBs' game. Make sure to take some money on the table first before it is gone. | ||||
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Centaur
Veteran |
03-Mar-2009 14:08
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Glad to see that it's still at 40cts despite the recent market sell down. Volume also went up recently for BIG but must beware not to be played into BBs hands this time round | ||||
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iPunter
Supreme |
02-Mar-2009 16:25
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This is a good counter to play... | ||||
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soulcries
Senior |
28-Feb-2009 15:20
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biosensors is like bull in the bear market,but it now it seems like power slowly dim.now ,enter wasnt really good |
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787180
Master |
28-Feb-2009 13:02
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Hello I'm here..I keep telling U folks bengster or ang tay kor is the wicked one but U keep balming me...see he has already sold off his stocks and left U languishing..but ok lah if U bought BIG from 23 to 30cts worth keeping for the long run.
BIG is my favourite counter because I kept shorting it in the past and long bought back...many many rounds make $$$ but bengster kakis were frustated when I revealed their conspiracy...these group used to meet and discuss how to prop....hence their many followers
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iPunter
Supreme |
27-Feb-2009 16:27
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No matter what, this stock is still an interesting counter to play... | ||||
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scotty
Senior |
27-Feb-2009 11:51
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haha.. I agree. What happen to that 787?? fella? He keep slamming bengster last time about biosensors.
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louis_leecs
Elite |
26-Feb-2009 21:34
Yells: "half cash" |
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yes,,,,,,,,,,,,41cts finally clear my last pofolio,,,,,,,,,,,,,im out all man,,,,,,,,,,,,,,,,,,,,,,,,,,,good luck to all,,,,,,,,,,,,,,now im have to focus at my china counter,,,,,,,,,,,,badly hit but still got bullet to hoot it up,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,my zero im to china counter,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,im buy when ppl dont want and panic,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,cheers for my china counter,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,bye biosensor | ||||
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investor
Senior |
26-Feb-2009 21:06
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When everybody becomes too bullish, it pays to be cautious. If you draw the trend channel, the upper end of the channel coincides with the 200 day mva at around the 0.45 cents level. Also, the 0.46 level was the low on 7th Oct 2008, which was subsequently broken. I would be happy if Biosensors can reach this area between 0.44 - 0.48, before consolidating. Having said that, there is no denying that the upward trend is still intact, until proven otherwise, and I would only feel uncomfortable if the stock close below 0.35. (At this moment, it looks unlikely, but never say never.) Not a call to buy OR Sell. |
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jasonrxz
Senior |
26-Feb-2009 19:34
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Should be a neverlook back kind of trend liao...... Tried so many time to break 40Cts but only today break with a highest high closing... Will hug those 29Cts for good and buy in some to trade...... Believe in BIG and your bank will be FAT!!!!!! |
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Maxximo
Member |
26-Feb-2009 19:10
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BIG really " yi zhi du xiu " in this market timing ...... There are 2 gaps at 0.535 and 0.615 waiting to be filled .... hopefullyf BIG can cover it fast ...... then HUAT liao lor ..... Seem like the bet is opening "BIG" ..... 1 more month to go for BIG to enter the new exciting fiscal year of FY2010 ..... Cheers. Above not an inducement to trade. |
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AK_Francis
Supreme |
26-Feb-2009 18:05
Yells: "Happy go lucky, cheers." |
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Good blessing n vision. But thats still depend on d market trend liao. Cheers.
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