Biosensors   

Is Biosensors a good buy?

hope you huat on this friend!! defensive counter.... like that china minzong i just bought at high today...

halleluyah      ( Date: 16-Nov-2012 17:03) Posted: Hope selling pressure is over n guess is covering time. Just vested some tdy.

 

Hope selling pressure is over n guess is covering time. Just vested some tdy.

 

 

Repost...

Agreed...this stock need some good news to move up. It has been 2-3years for Biomatrix approval in China and 1-2 years for Biofreedom CE mark in Europe since the company submitted all the required docs. I've just started to accumulate in anticipation of these events. HOPE it's will come sooner rather than later.

This is not an inducement to buy /sell. Please do your own research.

 

Agreed...this stock need some good news to move up. It has been 2-3years for Biomatrix approval in China and 1-2 years for CE mark in Europe since the company submitted all the required docs. I've just started to accumulate in anticipation of these events. HOPE it's will come sooner rather than later.

This is not an inducement to buy /sell. Please do your own research.

 

Yea, they beed quick quick come out some good news to bribg everything back to order....

 

without the daily share buy back by the coy, the share price of this stock will be less than   a dollar by now. Some big syndicate is still selling  the stock. Company must come out with good news to reverse this down trend.     

New123      ( Date: 16-Nov-2012 12:35) Posted: selling pressure. may see it testing 1.025 again..

 

selling pressure. may see it testing 1.025 again..

 

Hello Bros...I am selling half at least I care to reveal that I sold instead of keeping quiet...becoz I can buy back shd it goes lower..but looks unlikley with its daily buy-backs,bottom liao...sori felt compelled to ans to avoid misunderstanding,....rushing to airport now fora short vacation in Kuching,Sarawak..goood luck bros..don't doubt me plse..................otherwise too shy in future to share my frank opinionm

chartreader      ( Date: 16-Nov-2012 07:34) Posted: fortune, you hit the bull eye. I'm not questioning his estimate, I'm questioning his integrity. fortunecat      ( Date: 15-Nov-2012 21:41) Posted: I guess he's not really saying that your prediction is accurate or not, but that you sold at the first opportunity while advocating how this share had bottom out and will rise from here.

 

fortune, you hit the bull eye. I'm not questioning his estimate, I'm questioning his integrity.

fortunecat      ( Date: 15-Nov-2012 21:41) Posted: I guess he's not really saying that your prediction is accurate or not, but that you sold at the first opportunity while advocating how this share had bottom out and will rise from here. starlene      ( Date: 15-Nov-2012 21:23) Posted: Bios launch another buy back today Nov 15...1,159,000 shares@$1.0888...some pple can be quite confuse..when I comment that $1.11 was the floor price when Bios first launched its buy-back scheme..I imply Bios has reached its floor price but when mkt sentiments worsen Bios dropped further but again Bios launched buyback nearly every day,it means price has almost bottomed liao..of course mkt can always over react-chartreader,U understand,if one can read so accurately to the very price then can be GOD liao...everything base on estimates

 

obama better come out something good.... if not will still fall... my this year xmas budget sure cut liao... wonder toto just now got win a not....

 

I guess he's not really saying that your prediction is accurate or not, but that you sold at the first opportunity while advocating how this share had bottom out and will rise from here.

starlene      ( Date: 15-Nov-2012 21:23) Posted: Bios launch another buy back today Nov 15...1,159,000 shares@$1.0888...some pple can be quite confuse..when I comment that $1.11 was the floor price when Bios first launched its buy-back scheme..I imply Bios has reached its floor price but when mkt sentiments worsen Bios dropped further but again Bios launched buyback nearly every day,it means price has almost bottomed liao..of course mkt can always over react-chartreader,U understand,if one can read so accurately to the very price then can be GOD liao...everything base on estimates

 

I wish those who bought into your estimate - good luck ...  they deserve it 

They must be very happy and lucky to know that you're selling while you encouraged them to buy ...

 

Bios launch another buy back today Nov 15...1,159,000 shares@$1.0888...some pple can be quite confuse..when I comment that $1.11 was the floor price when Bios first launched its buy-back scheme..I imply Bios has reached its floor price but when mkt sentiments worsen Bios dropped further but again Bios launched buyback nearly every day,it means price has almost bottomed liao..of course mkt can always over react-chartreader,U understand,if one can read so accurately to the very price then can be GOD liao...everything base on estimates

 

Your story wasn't consistent ... To sell at 1.14-1.15, you could only do it between 5-8 November 2012.

On 12 November this was what you said, you didn't say you've sold

" Floor price shd be 1.10..first buy-in by co  $1.129@1.5mil  shares on 8Nov,2nd buy in 1.496mil  shares@$1.10..this  approved share buy back was at last AGM in July 2012..last placement price was$0.9283@216.3million  shares..Biosensor has cash balances of about USD300mil in its balance sheet  "

On 8 November you said (Again you didn't say you've sold):

" all shortists are welcome to short Biosensor...see how they scurried like mice tomorrow with this news(latest 6.50pm-today)  "

" Those who shorted also not making..some one here one to short 1.13-1.15..Biosensor always the case when about to go up..Dow(dropped > 300points) or other factors turn negative..many occasions ..but I psesvere when I have quite a fair bit previously at 60cts...acquired after Lehman fiasco when Bios even dropped < 30cts but I hold till it cross $1.30...with such good results look like the recent excess selling all the way from $1.22 to $1.05 is overdone..time to accumulate more if it dropped below 1.10 but surprising Dow dropped Biosensor still quite steady at 1.12-1.145 this morning...afternoon when market recovers,Biosensor should cross $1.15..just be patient..chartwise also looks good..downward trend reversal  "

You con-star doing 400 lots on paper trade, is it? 

starlene      ( Date: 15-Nov-2012 20:58) Posted: If U hve 400 lots total and some are bought at lower prices $1.05-1.08 won't U be tempted to take some $ off the table..yes prepared to buy back if near $1-1.02..there is no need to sell quietly..otherwise I would not announce here..but still believe sentiments improve Bios shd go up chartreader      ( Date: 15-Nov-2012 15:42) Posted: I thought you said 1.11 is floor. I thought you said it's artificially shot down. I thought you bought for keep, 1.16-1.18 immediate target and next 1.22-1.24. Why sold quietly at 1.14-1.15? Those who bought at 1.11 how? cut loss at 1.02?

 

If U hve 400 lots total and some are bought at lower prices $1.05-1.08 won't U be tempted to take some $ off the table..yes prepared to buy back if near $1-1.02..there is no need to sell quietly..otherwise I would not announce here..but still believe sentiments improve Bios shd go up

chartreader      ( Date: 15-Nov-2012 15:42) Posted: I thought you said 1.11 is floor. I thought you said it's artificially shot down. I thought you bought for keep, 1.16-1.18 immediate target and next 1.22-1.24. Why sold quietly at 1.14-1.15? Those who bought at 1.11 how? cut loss at 1.02?  starlene      ( Date: 15-Nov-2012 10:18) Posted: Took some profit when it was 1.14-1.15 recently with intention to buy back shd it dropped to $1.02-1.05 again..below is extracted from another forum..jus to share   The daily share buy back programme is in place, bought on the 8, 9, 12 and the 14 Nov. I think people is selling to get out as the Dow sentiment is negative. But what has the US fiscal cliff to do with STI in general and Bios in particular ? For investors, this is the time to buy Bios as its earning is supportive at current price and the share buy back is setting a floor for the price. Yesterday drop of 1 cent is on very low volume. The shar buy back was also low volume : Singapore Exchange Overseas Exchange 1 Date of Purchases 14-11-2012 2a Total number of shares purchased 661,000 2b Number of shares cancelled 2c Number of shares held as treasury shares 661,000 3a Price paid per share# or Currency : S$ Amount : 1.1112 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 : 735,090.80 Currency : [Select Currency]

 

If U hve 400 lots total and some are bought at lower prices $1.05-1.08 won't U be tempted to take some $ off the table..yes prepared to buy back if near $1-1.02

 

I thought you said 1.11 is floor. I thought you said it's artificially shot down. I thought you bought for keep, 1.16-1.18 immediate target and next 1.22-1.24. Why sold quietly at 1.14-1.15? Those who bought at 1.11 how? cut loss at 1.02? 

starlene      ( Date: 15-Nov-2012 10:18) Posted: Took some profit when it was 1.14-1.15 recently with intention to buy back shd it dropped to $1.02-1.05 again..below is extracted from another forum..jus to share   The daily share buy back programme is in place, bought on the 8, 9, 12 and the 14 Nov. I think people is selling to get out as the Dow sentiment is negative. But what has the US fiscal cliff to do with STI in general and Bios in particular ? For investors, this is the time to buy Bios as its earning is supportive at current price and the share buy back is setting a floor for the price. Yesterday drop of 1 cent is on very low volume. The shar buy back was also low volume : Singapore Exchange Overseas Exchange 1 Date of Purchases 14-11-2012 2a Total number of shares purchased 661,000 2b Number of shares cancelled 2c Number of shares held as treasury shares 661,000 3a Price paid per share# or Currency : S$ Amount : 1.1112 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 : 735,090.80 Currency : [Select Currency]

 

the selling down cont.. $1.00 soon..

 

Took some profit when it was 1.14-1.15 recently with intention to buy back shd it dropped to $1.02-1.05 again..below is extracted from another forum..jus to share

 

The daily share buy back programme is in place, bought on the 8, 9, 12 and the 14 Nov. I think people is selling to get out as the Dow sentiment is negative. But what has the US fiscal cliff to do with STI in general and Bios in particular ? For investors, this is the time to buy Bios as its earning is supportive at current price and the share buy back is setting a floor for the price. Yesterday drop of 1 cent is on very low volume. The shar buy back was also low volume :



Singapore Exchange Overseas Exchange
1 Date of Purchases 14-11-2012
2a Total number of shares purchased 661,000
2b Number of shares cancelled
2c Number of shares held as treasury shares 661,000
3a Price paid per share# or Currency : S$

Amount : 1.1112 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 : 735,090.80 Currency : [Select Currency]

 

Friend chartreader, I agree with your take on analysts' reports. Seven out  of ten reports are not backed by solid fundamentals but based on projected performance and market hype. At any rate, the market can move against expectations regardless of fundamentals like what is happening to Biosensors now. If we want to make quick money trading the market, then stop loss discipline is best strategy. Also, analysts reports are to encourage people to buy and sell stocks so that Securities firms can earn commissions to pay for their analysts' salaries and make a profit.   

chartreader      ( Date: 13-Nov-2012 14:19) Posted: Bro Yiming, I'm not disputing fact. Fact is fact. If you read my posting carefully, what I said was to take any analyst recommendation with a pinch of salt. Be critical. Those rely solely on analyst report for their decision are destined for doom. The report may be written based on past facts, but stock market is always forward looking. Also this whole research business, has anybody asked why they were there in the first place? The answer is because there is money to be made. Not so much by producing the report itself, but from the investment bank buying and selling the securities. I worked for 2 investment bank before. Research analysts will start the day briefing the bank's traders every morning on their views and research. But guess what? The traders will have their own view and not seldom trade against their own analyst recommendation. yiming2000      ( Date: 13-Nov-2012 13:34) Posted: Friend Chartreader, analysts may be salaried men but their recommendations are based on Biosensors' financial reports. We do not only listen to their recommendations but also base our decisions on Biosensors' performance figures which are facts. Fact 1 - Headline revenue growth is improving by 28% year on year. Fact 2 - Net profit margin after tax more than 45%. Fact 3 - No financial weakness with net cash more than $300 million. Fact 4 - Stable and strong cash flow. These are very good cards for any poker player to bet everything to get the pot. If with such favorable odds you still can't win, then the loss is worth the gamble.