Biosensors   

Is Biosensors a good buy?

As long as the price is ok for u I will recommend buy.. Medical sectors are very stable and biosensors a very profitable company
Just a few cents on view...

 

On Thursday, Biosensors trend sideways and closed at $1.225 with HIGH volume of 5.88 million shares traded.

RSI & MACD are neutral as RSI trend sideways.

Important Resistance of Biosensors: $1.27

Immediate Support of Biosensors: $1.215

Currently prices are supported by 100 days MA.

Since 26/July, prices have been consolidating  ...........        READ MORE

 

 

anyone vested in this counter? if have, at what prices you bought?

 

correction. Meant to be -Be patient, so far the results have not disappointed us....

allright      ( Date: 08-Sep-2012 21:10) Posted: Be patient. So far this company has not failed to disappoint us viz their results. As for the share price - yes its   a disappointment considering the fact that so many analysts call a buy on this share.

 

DBS Vickers-Pick growth stocks with imminent catalysts and

allright      ( Date: 08-Sep-2012 21:10) Posted: Be patient. So far this company has not failed to disappoint us viz their results. As for the share price - yes its   a disappointment considering the fact that so many analysts call a buy on this share.

 

Be patient. So far this company has not failed to disappoint us viz their results. As for the share price - yes its   a disappointment considering the fact that so many analysts call a buy on this share. 

 

 

This is just my view...... I think it is no point looking at this stock for now as the big boy insiders has internally fixed price at about $ 1.22 or around there till they announce their M& A using the newly issued shares. It only take about 2 million sell order to bring the price swiftly down to $1.215  ., just too easy for them. The big boy insider`s game plan is just to  bash down all upward attempts, so far already happened 3 times.  So no need to watch this stock till probably Oct.2nd Quater result is announced.     

iPunter      ( Date: 05-Sep-2012 19:09) Posted: Next stop may be 1.10... but don't " mau " big...  cashiertan      ( Date: 05-Sep-2012 17:32) Posted: burst downwards. technically is correct just that the market now show us where it wants to head.

 

Next stop may be 1.10... but don't " mau " big... 

cashiertan      ( Date: 05-Sep-2012 17:32) Posted: burst downwards. technically is correct just that the market now show us where it wants to head.

 

burst downwards. technically is correct just that the market now show us where it wants to head.

 

Got tighter and tighter.......... when going to burst?/?/?/?/?/ 

TradeChancellor      ( Date: 04-Sep-2012 16:17) Posted: Bollinger bands very tight now... breakout should happen soon...

 

Bollinger bands very tight now... breakout should happen soon...

 

Wish List:

For Shangdong Weigao who currently owns 21.6% of Biosensors to fully acquire the company at $2.00 ? 

 

http://sgxreports.blogspot.sg/2012/08/biosensors-international.html

 

Thanks Infancy Bird. I also   heard another house Religare initiates a buy at $1.48 (I don't have the report)

  and yesterday this announcement on SGX

NOTICE OF  A SUBSTANTIAL SHAREHOLDER'S INTEREST  * * Asterisks denote mandatory information   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 * YOH-CHIE LU   Designation * CHAIRMAN   Date & Time of Broadcast 24-Aug-2012 17:41:07   Announcement No. 00089       > > ANNOUNCEMENT DETAILS The details of the announcement start here ...   > > PART I   1. Date of notice to issuer * 23-08-2012     2. Name of  Substantial Shareholder  * Norges Bank    3. Please tick one or more appropriate box(es): *   Notice of a New Substantial Shareholder's interest. [Please complete Part II and IV]     > > PART II   1. Date of change of  Interest 21-08-2012     2. Name of Registered Holder Norges Bank     3. Circumstance(s) giving rise to the interest or change in interest # Others     # Please specify details Purchase of common shares     4. Information relating to shares held in the name of the Registered Holder   No. of  Shares  held before the change 85,408,000   As a percentage of issued share capital 4.96 %   No. of Shares which are subject of this notice 1,379,000   As a percentage of issued share capital 0.08 %   Amount of consideration (excluding brokerage and stamp duties) per share paid or received 1.26     No. of Shares held after the change 86,787,000   As a percentage of issued share capital 5.04 %     > > PART III   1. Date of change of  [Select Option]     2. The change in the percentage level From % To %   3. Circumstance(s) giving rise to the interest or change in interest [Select Option]     # Please specify details   4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:     > > PART IV   1. Holdings of  Substantial Shareholder  , including direct and deemed interest :   Direct Deemed No. of shares held before the change 85,408,000   0   As a percentage of issued share capital 4.96 % 0 % No. of shares held after the change 86,787,000   0   As a percentage of issued share capital 5.04 % 0 %   Footnotes In this notification, the percentage of shareholding is expressed based on 1,723,624,357 ordinary shares of the Company as at 21 August 2012.     Attachments Total size =  0 (2048K size limit recommended)

infancybird      ( Date: 25-Aug-2012 15:34) Posted: BIOSENSORS, HI-P, k1 VENTURES: What analysts now say... Friday, 24 August 2012 12:32 Excerpts from latest analyst reports..... OCBC says BIOSENSORS is its preferred pick of healthcare stocks Analyst: Wong Teck Ching Andy Recoomendations on Biosensors. Compiled by NextInsight Under our Healthcare sector coverage, both Raffles Medical Group (RMG) and Biosensors International Group (BIG) continued to deliver YoY revenue and earnings growth during the recently concluded 2QCY12 results period, although the former’s PATMI was slightly below our expectations. Looking ahead, we believe that the strong balance sheets of RMG and BIG (net cash of S$63.9m and US$306.7m, respectively) would allow them to bolster their expansion plans despite the ongoing macroeconomic uncertainties. In our view, the major risk for the Healthcare sector stems from margin pressure, arising from higher manpower and consumables costs and mandatory price cuts for drugs and stents. Nevertheless, we believe that RMG and BIG would be able to meet our expectations for core earnings growth of 11.7% and 25.0% respectively, for their current fiscal year. Maintain OVERWEIGHT on the Healthcare sector, with BIG [BUY FV: S$1.81] remaining as our preferred pick. infancybird      ( Date: 08-Aug-2012 12:01) Posted: In my opinion, the price is going to be range bound( insider BB  want this price ) b/w $1.20 to 1.25, not lower nor higher till the announcement of the use of their   newly issued shares for their M& A . No need to watch this counter for the time being.

 

BIOSENSORS, HI-P, k1 VENTURES: What analysts now say...

infancybird      ( Date: 08-Aug-2012 12:01) Posted: In my opinion, the price is going to be range bound( insider BB  want this price ) b/w $1.20 to 1.25, not lower nor higher till the announcement of the use of their   newly issued shares for their M& A . No need to watch this counter for the time being.      bishan22      ( Date: 01-Aug-2012 11:07) Posted: Get ready for breakout at 1.255 or higher. Hoot arhhhhhhhhh.

 

It will when the market continues its uptrend.   Dow is expected to climb beyond 14K, so possibly we can see all stocks making new highs.

 

when is it going back to test its hi's?? 

 

Steadily moving into the 1,28- 1.36 range. Likely this afternoon or next week.

 

Ready for  a breakout of  a triangle?

 

In my opinion, the price is going to be range bound( insider BB  want this price ) b/w $1.20 to 1.25, not lower nor higher till the announcement of the use of their   newly issued shares for their M& A . No need to watch this counter for the time being.     

bishan22      ( Date: 01-Aug-2012 11:07) Posted: Get ready for breakout at 1.255 or higher. Hoot arhhhhhhhhh.  bishan22      ( Date: 31-Jul-2012 16:40) Posted: Now hentak kaki at 123. Wait for breakout.