Biosensors   

Is Biosensors a good buy?

Who is in bio too???

 

Not a good boy today >.<

 

Biosensors went down to $1.025 on 01/11/2012 n closed at $1.07 . It is having a technical rebound now .

Bintang      ( Date: 07-Jun-2012 19:36) Posted: Biosensors fell heavily on 4/6/2012 gapping down to $1.165 .  Today it made a technical rebounce to fill the gap at $1.20 which created that day . The trend has never changed n may continue its journey to $1.07 . Bintang      ( Date: 04-Jun-2012 21:33) Posted: After measuring the distance of the runaway gap created today , a downside target at $1.07 could be achieved

 

Forgot to mention one thing about research analyst. This role is usually common to those who just started their career in this line. But the brightest of them all seldom stay as analyst. They move on to be the trader, fund manager or start their own hedge fund.

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.

 

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.

 

shares buying back by comp seems to have stabilizing effect + boost the confident of the comp mgmt. seems ok to long at this juncture . can always wait for it to breakout $1.16 for the right signal

 

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.

 

 

 

actually it will be even more attractive if Biosenors will give out Dividends as well since there is so much porfit. More ppl will jump in ...

cheong all the way up!

raykee      ( Date: 12-Nov-2012 19:32) Posted: this is a short week.... hard to see much flying  infancybird      ( Date: 12-Nov-2012 18:06) Posted: 3rd day of consecutive share buy back at SGD 1.12 of 1.427 million shares today by company. Good move to ward off the shortist syndicate who has been killing this stock for the last 10 months .   Well done mgt...and keep up the warning to this gp of syndicate

 

this is a short week.... hard to see much flying 

infancybird      ( Date: 12-Nov-2012 18:06) Posted: 3rd day of consecutive share buy back at SGD 1.12 of 1.427 million shares today by company. Good move to ward off the shortist syndicate who has been killing this stock for the last 10 months .   Well done mgt...and keep up the warning to this gp of syndicate. infancybird      ( Date: 09-Nov-2012 18:59) Posted: This is the 2nd  time ......the   company  did a  share buy back of 1.496 million shares  today at SGD 1.10. Many had questioned the drop of share price over last 10 months which is very discouraging to retail investors like us. I too felt the same. I think the company is actively looking for M& A to widen its   ranges of products and improve its income. This is indicated very clearly in its announcement on 7th Nov...... Hence be patience and wait for good news. Must think longterm and must not keep carrying the mentality that buy today and next few days shot up many folds. What goes up very fast will crash just as fast.

 

3rd day of consecutive share buy back at SGD 1.12 of 1.427 million shares today by company. Good move to ward off the shortist syndicate who has been killing this stock for the last 10 months .   Well done mgt...and keep up the warning to this gp of syndicate.

infancybird      ( Date: 09-Nov-2012 18:59) Posted: This is the 2nd  time ......the   company  did a  share buy back of 1.496 million shares  today at SGD 1.10. Many had questioned the drop of share price over last 10 months which is very discouraging to retail investors like us. I too felt the same. I think the company is actively looking for M& A to widen its   ranges of products and improve its income. This is indicated very clearly in its announcement on 7th Nov...... Hence be patience and wait for good news. Must think longterm and must not keep carrying the mentality that buy today and next few days shot up many folds. What goes up very fast will crash just as fast.     infancybird      ( Date: 08-Nov-2012 19:13) Posted: Biosensor announcement this evening at SGX website..... you may like to take note. yes, its the 1st company share buy back in its history.... purchased total of 1.5 million share at SGD 1.1129.    Thats a reassurance form the company and a warning to shortist. This is the floor

 

Just the 2 cents from an average guy who do not know much about Biosensors, unlike some who claimed as experts (high probability they're vested stuckist too):

• Decide if you want to invest or trade. Both employ different strategies, approaches, and timelines. Do not change your mind in the middle after you make your decision.
• NEVER rely on analyst reports or their price targets. It’s fine to take their view as another reference to check against your own analysis. Analyst is just another salary man, who receives their income from the company they're working for. Analysts do not make money from buying and selling stocks. They will write something to benefit:
1. Their Company
2. Their Company
3. Their Company
4. If possible, the biggest clients of their company
5. If still possible, the 2nd biggest clients of their company
6. If at all possible, may be the 3^rd biggest clients of their company
7. …

996.NOT YOU

997. AGAIN NOT YOU

998. STILL NOT YOU

999.WILL NEVER BE YOU

There are a lot more reports with price target that have never been met, than those that managed to meet the price target. I always think if an analyst is so good, his/her parents, uncles, aunties, relatives, friends, neighbours would have sold their condos, cars, assets to buy the stock he/she recommends. If his/her parents, uncles, aunties, relatives, friends, neighbours do NOT do that (i.e. do not have such confidence in his/her analysis), why should you?

• NEVER rely on others in the forum to buy, sell, or cut loss. Take their sharing and opinion as a mere reference to check against your own analysis. Many will claim that they’re experts who know about a particular counter better than anybody else. The truth is only insiders and the company competitors know a company health and prospect well.

Also your alarm bell should ring as loud as possible, if you see someone promotes any counters aggresively, and keeps posting " bullish" news and reports. This is the expected psychological re-action of a vested stuckist, caught at the wrong side. They're always on the hunt for the " bullish" news, reports, announcements, etc to provide support and justification for their position. Reading these news, reports, announcement, and make as many people stuck as well, is their only consolation.

If you’re speculating and you see a heavy sell down or buy ups against your position, do not look or wait for news, reports, or any justifications, but instead act according to your plan.

• Share buy back is a good will/intention by a company, but it alone never move price. Institutions buying are required to move price up. If a stock price relies only on share buy back to prevent it from falling further, without participation from institutions, we probably should take a step back and ask why? Look at HG Metal for an example, which has been buying back shares regularly.
• My buying and selling doesn’t move price, so does yours. A few hundred lots may sound “big” for retail traders/investors. Even I buy or sell a few hundred lots, it won’t move the price. So whether I buy or sell or make profit or NOT, shouldn’t concern you and your position as it won’t move price.
• Do not believe what I said above, but take it as a mere “sharing” to stimulate your thinking.

 

if u hv confident with the company then u shouldn't be worried so much. if not, then is best to stay out until mkt condition improve 

p_for_profit      ( Date: 12-Nov-2012 12:25) Posted: Like many people have mentioned before, Patience is the key here. Market can be irrational sometimes especially during festival period!

 

Like many people have mentioned before, Patience is the key here. Market can be irrational sometimes especially during festival period!

 

how do you think about this share? fundamental sound but no momentum to push it up. for cash EPS about 6.94 which approximate PE 14. company low debt but cash rich.

my question is, is the company medicine pattern   easy to copy? how efficient of their technology? this is what i can't figure out. waiting someone to clear my doubt. 

but frankly, now is almost the safety price to enter! waiting public confident to the company. 

raykee      ( Date: 12-Nov-2012 09:22) Posted: I also wanted to post too... Mayb quiet in a good stormy rain? Now gathering enwrgy to phua thru the sky :D But i tink today may nt move much, 2mr public holi

 

it has good results but end up it is dropping.. why that so?

starlene      ( Date: 12-Nov-2012 10:03) Posted: 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

 

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

 

I also wanted to post too... Mayb quiet in a good stormy rain? Now gathering enwrgy to phua thru the sky :D

But i tink today may nt move much, 2mr public holi

 

any advice on this stock today? it seems quiet...

 

Hi Profit, it's normal for price to dip along with poor  mkt sentiment, however  $1.10 has become the new support level. Wont go below that. Bottom already, like how Wilmar always rebound strongly from $3.03. When almost all  other stocks also falling, holders of bios also throw and keep throwing. But hey,  bios earnings are good, price already at the bottom, why sell cheap  and even at a loss,  when  soon mkt will recover and prices start to  rise gradually?   

Be  an investor, wait for the  goose to lay your golden egg. 

 

p_for_profit      ( Date: 09-Nov-2012 17:09) Posted: I am very confused with this counter!! doesnt make any sense 1) Almost every house has TP above 1.6. Even if they are terribly wrong, fair value is definitely more than 1.25 atleast 2) Even after one of the best ever result this quarter the price has stagnated today. 3) When the company is buying back at 1.1 today close at 1.095 Is this totally random?? or something more insightful happening here? Any expert comments here?   Vested with 9 Lots. Believe in mid to long term biosensor can reach 1.4 atleast.

 

This is the 2nd  time ......the   company  did a  share buy back of 1.496 million shares  today at SGD 1.10.

Many had questioned the drop of share price over last 10 months which is very discouraging to retail investors like us. I too felt the same. I think the company is actively looking for M& A to widen its   ranges of products and improve its income. This is indicated very clearly in its announcement on 7th Nov...... Hence be patience and wait for good news. Must think longterm and must not keep carrying the mentality that buy today and next few days shot up many folds. What goes up very fast will crash just as fast.    

infancybird      ( Date: 08-Nov-2012 19:13) Posted: Biosensor announcement this evening at SGX website..... you may like to take note. yes, its the 1st company share buy back in its history.... purchased total of 1.5 million share at SGD 1.1129.    Thats a reassurance form the company and a warning to shortist. This is the floor . yeeen123      ( Date: 08-Nov-2012 15:10) Posted: A DBS report says " Biosensors results below estimates, TP reduced to $1.41  (from $1.57)" ... I thought u all said the results is good, why is it interpreted as bad by the DBS?