Biosensors   

Is Biosensors a good buy?

Date of Purchases 28-11-2012 2a Total number of shares purchased 636,000 2b Number of shares cancelled 2c Number of shares held as treasury shares 636,000 3a Price paid per share# or Currency : S$ Amount : 1.1428 Currency : [Select Currency] Amount : 3b Highest price per share# Currency : [Select Currency] Amount : Currency : [Select Currency] Amount : Lowest price per share# Currency : [Select Currency] Amount : Currency : [Select Currency] Amount : 4 Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# Currency : S$ Amount : 727,402.26

 

Looks like Biosensor is bent on pushing its price up..today's purchase is 636,000@a.a428 

raykee      ( Date: 28-Nov-2012 17:50) Posted: got a buy back, but very little only  636,000   1.13 should be the actual bottom pit  in the company view

 

Slightly more than 20%..

skk888      ( Date: 28-Nov-2012 17:48) Posted: Surprisingly there was!!! The volume they bought was almost one third of the day volume.. Very bent to push up.. Wonder what's their tp..

 

got a buy back, but very little only  636,000

 

1.13 should be the actual bottom pit  in the company view

 

Surprisingly there was!!! The volume they bought was almost one third of the day volume.. Very bent to push up.. Wonder what's their tp..

 

Volume low, doubt there was.. Hmm

raykee      ( Date: 28-Nov-2012 17:20) Posted: wonder today got buyback a not.... lets see

 

wonder today got buyback a not.... lets see

 

if got takeover offer good ah?

 

need more energy to phua thru

 

Reached 1.15 and got stopped. Wait........... 

bishan22      ( Date: 27-Nov-2012 16:12) Posted: Looking strong today. Must clear 1.16 to be on safe side. Good luck.

 

Who are the main competitors of biosensor?? 

J& J, boston scientific???

Any idea?

 

yiming, its 1.3x like p for profit says.. i'm a proponent of p/b valuation than p/e. 
at this price, it's pretty attractive to me, when the company is still profiting...

ah i see... gd luck to us.. hope today can cross the neckline!

yiming2000      ( Date: 28-Nov-2012 03:57) Posted: Friends skk888 and new123, what is the price to book value of Biosensors at present price of 1.14? I hope it is not more than 2 rimes book.  I bought Bio at too high a price and am waiting for it to go back to 1.65.

 

Sold off 200 lots at about $1.145 previously beginning of Nov left bal 200lots to fight it up,actually wanted to buy back hopping it will drop to $1.02-1.05 but this did not materalise,so bal 200 lot can fight it out since the price would probably have bottomed as the co has been buying back since Nov 8,starting at $1.11,all the way to about $1.08,I guess Biosenor's price should now be heading up if it can break $1,16 convincingly

 

Gross margin is 80% but NET PROFIT margin is over 30%. Because this business is technology /IP intensive the barriers to entry is very high which accounts forthe high sustainable margin.

New123      ( Date: 28-Nov-2012 09:31) Posted: i notice that their profit margin is too high (more than 80%) . don't think it can maintain in long term. if u make any profit, is gd to secure it. p_for_profit      ( Date: 28-Nov-2012 08:15) Posted: If you mean price /NAV, then it is 1.35 at current share price.   You can easily get this info at this link- http://biosensors.listedcompany.com/stock_fundamentals.html

 

i notice that their profit margin is too high (more than 80%) . don't think it can maintain in long term. if u make any profit, is gd to secure it.

p_for_profit      ( Date: 28-Nov-2012 08:15) Posted: If you mean price /NAV, then it is 1.35 at current share price.   You can easily get this info at this link- http://biosensors.listedcompany.com/stock_fundamentals.html yiming2000      ( Date: 28-Nov-2012 03:57) Posted: Friends skk888 and new123, what is the price to book value of Biosensors at present price of 1.14? I hope it is not more than 2 rimes book.  I bought Bio at too high a price and am waiting for it to go back to 1.65.

 

If you mean price /NAV, then it is 1.35 at current share price.

  You can easily get this info at this link- http://biosensors.listedcompany.com/stock_fundamentals.html

yiming2000      ( Date: 28-Nov-2012 03:57) Posted: Friends skk888 and new123, what is the price to book value of Biosensors at present price of 1.14? I hope it is not more than 2 rimes book.  I bought Bio at too high a price and am waiting for it to go back to 1.65.

 

Friends skk888 and new123, what is the price to book value of Biosensors at present price of 1.14? I hope it is not more than 2 rimes book. 

I bought Bio at too high a price and am waiting for it to go back to 1.65.

 

Tks, same to u too.

tea444u      ( Date: 27-Nov-2012 23:07) Posted: halleluyah where are you?????? congratssssss bro.

 

halleluyah where are you?????? congratssssss bro.

 

Positive move bu Biosensor buying even when moving up..1.4mil shares bought back today at $1.1328

 

DAILY SHARE BUY-BACK NOTICE * Asterisks denote mandatory information   " DISCLAIMER:- This announcement was prepared and issued by the below mentioned listed issuer to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNET for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the listed issuer directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement."   Name of Announcer * BIOSENSORS INT'L GROUP, LTD.   Company Registration No. EC 24983   Announcement submitted on behalf of BIOSENSORS INT'L GROUP, LTD.   Announcement is submitted with respect to * BIOSENSORS INT'L GROUP, LTD.   Announcement is submitted by * RONALD EDE   Designation * CHIEF FINANCIAL OFFICER/ COMPANY SECRETARY   Date & Time of Broadcast 27-Nov-2012 17:34:35   Announcement No. 00054       > > ANNOUNCEMENT DETAILS The details of the announcement start here ...     Name of Overseas Exchange where Company has Dual Listing (if applicable)     (A) Share Buy-Back Authority   I. Maximum number of shares authorised for purchase* 172,353,935     (B) Details of Purchases Made   I. Purchases made by way of market acquisition Yes     If answer to the above question is Yes, please fill in the following :   Singapore Exchange Overseas Exchange 1 Date of Purchases 27-11-2012    2a Total number of shares purchased 1,406,000    2b Number of shares cancelled     2c Number of shares held as treasury shares 1,406,000    3a Price paid per share# or Currency : S$   Amount : 1.1328 Currency : [Select Currency]   Amount : 3b Highest price per share# Currency : [Select Currency]   Amount : Currency : [Select Currency]   Amount :   Lowest price per share# Currency : [Select Currency]   Amount : Currency : [Select Currency]   Amount : 4 Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# Currency : S$   Amount : 1,593,990.97 Currency : [Select Currency]   Amount :

Splendid88      ( Date: 27-Nov-2012 21:08) Posted: Biosensors is a pure medical device/ healthcare play growing at 30% p.a. the ave pe for this sector on other global stockexchange is around 20x. With a sound balance sheet and generating strong positive cash flow quarter to quarter, prospects for upside very bright. Only a matter if time before tge genuine funds and smart money jump on the bandwagon! infancybird      ( Date: 27-Nov-2012 16:52) Posted: Biosensor suffers from Spore SME syndrome.....lack of mature retail investors .....and hence it is lowly traded and appreciated . Its price is left to the fund managers, syndicates and insiders, who acting in concert, can either    push it up or pull it down. This is what happened since Feb this year, sliding down from SGD1.70 to 1.00 , all within 10 months , with great ease and one way traffic down , sometimes share price is  pressed down with just 2 millions shares traded only.   Completely no opposite resistance.  Very sad  indeed. This time , thing has changed. The company share buy back has changed the sentiment and the funds realized it time to buy up. Now they are pushing the stock up and for how long and how high, I dont know. We the retail players will simply ride with them.  Good luck to all of you old horses and newcomers. I waited a long time for this change of wind and Hope it wont disappoint us again

 

Biosensors is a pure medical device/ healthcare play growing at 30% p.a. the ave pe for this sector on other global stockexchange is around 20x. With a sound balance sheet and generating strong positive cash flow quarter to quarter, prospects for upside very bright.
Only a matter if time before tge genuine funds and smart money jump on the bandwagon!

infancybird      ( Date: 27-Nov-2012 16:52) Posted: Biosensor suffers from Spore SME syndrome.....lack of mature retail investors .....and hence it is lowly traded and appreciated . Its price is left to the fund managers, syndicates and insiders, who acting in concert, can either    push it up or pull it down. This is what happened since Feb this year, sliding down from SGD1.70 to 1.00 , all within 10 months , with great ease and one way traffic down , sometimes share price is  pressed down with just 2 millions shares traded only.   Completely no opposite resistance.  Very sad  indeed. This time , thing has changed. The company share buy back has changed the sentiment and the funds realized it time to buy up. Now they are pushing the stock up and for how long and how high, I dont know. We the retail players will simply ride with them.  Good luck to all of you old horses and newcomers. I waited a long time for this change of wind and Hope it wont disappoint us again. Splendid88      ( Date: 27-Nov-2012 11:22) Posted: Market sentiment was poor ahead of results. Co confident japan sales will pick up this quarter so no concern here. Trading at low pe because local market does not understand the sector. Largest shareholder weigao last purchase tranche was at 1.40.