Biosensors   

Is Biosensors a good buy?

Tomique, bad boy......cheers

Tomique      ( Date: 13-Jun-2012 12:03) Posted: Honestly I made some research after hearing one of you said about how structured warants (SW)  can affect the price of an " underlying" share. So I checked on Biosensors to see if the company or anyone has issued SWs on it and found that MC(Mcquarie) and CDP (Central Depository) have existing (unexpired) SWs with excercise strike  price of $1.45, 1.65, 1.70 and $1.20 respectively.  If the share price does not exceed $1.20, and above each strike price, the issuer stands to gain all the money paid for warrants they issued.  The   $1.20  SW will expire in July 2013, but the $1.45 will expire in October 2012. If Biosensors price should exceed any of these prices and get halted for a long time beyond the dates, the issuer will be bankrupted because at each date they have to settle with warrant holders.  They cannot allow it to happen, so the safest is to make sure the price is held down.  The reason for October for it to move up will be greater than now, since one warrant would have expired and lesser risk for the issuer even if the market spike to $1.45.  Do note that issuer will only lose if the market price move many bids beyond the strike price owing to house advantage introduced inside the warrant exchange ratios. Try not to trade shares with derivatives introduced by big big boys. Go for reasonable profitable penny stocks with no SWs. rutheone1905      ( Date: 13-Jun-2012 11:24) Posted: for a long time i dont feel like entering this thread.....i m still shorting this counter. Tomique, can u tell us why October?

 

Honestly I made some research after hearing one of you said about how structured warants (SW)  can affect the price of an " underlying" share. So I checked on Biosensors to see if the company or anyone has issued SWs on it and found that MC(Mcquarie) and CDP (Central Depository) have existing (unexpired) SWs with excercise strike  price of $1.45, 1.65, 1.70 and $1.20 respectively.  If the share price does not exceed $1.20, and above each strike price, the issuer stands to gain all the money paid for warrants they issued.  The   $1.20  SW will expire in July 2013, but the $1.45 will expire in October 2012.

If Biosensors price should exceed any of these prices and get halted for a long time beyond the dates, the issuer will be bankrupted because at each date they have to settle with warrant holders.  They cannot allow it to happen, so the safest is to make sure the price is held down.  The reason for October for it to move up will be greater than now, since one warrant would have expired and lesser risk for the issuer even if the market spike to $1.45.  Do note that issuer will only lose if the market price move many bids beyond the strike price owing to house advantage introduced inside the warrant exchange ratios.

Try not to trade shares with derivatives introduced by big big boys. Go for reasonable profitable penny stocks with no SWs.

rutheone1905      ( Date: 13-Jun-2012 11:24) Posted: for a long time i dont feel like entering this thread.....i m still shorting this counter. Tomique, can u tell us why October?

 

for a long time i dont feel like entering this thread.....i m still shorting this counter.

Tomique, can u tell us why October?  

 

Let go of this counter and wait until this coming October to buy back cheaper.  This is because BBs need it to go below $1.10 to suit their positions.

 

I once held more than 200 lots of Biosensors when to my believe the stock market was quite a level playground for players then usually could make money, but now no longer vested, because our Singapore market risks changed with introduction of borrowing shares and CFDs and the prevalence of easy large scale short-selling. Good luck.

 

Opps, wrong calculation.  I thought you have 10 lots.  But on careful look, with 20 you needed 26 lots at 1.16 to average to below $1.30 per share.  Remember again, only if you have hard cash then do, else don't touch yet.

hotokee      ( Date: 12-Jun-2012 15:15) Posted: O my dear! $6,500 is nearly two months salary for me.  I come only when I have spare time, that's why you don't see me often.  But not to worry, I think the price can be reached within this year. If you have plenty of money, and full of confidence in Biosensors, then this is the best time to do some averaging.  Say buy 13 lots at 1.16 and your average buy will be below $1.30, easy to arrive earlier.  Remember only if you have the idle cash and don't need the money. yiming2000      ( Date: 12-Jun-2012 12:01) Posted: hotokee, how come I did not see you before? You are very smart. Why are you hiding in the bushes and watching us get slaughtered? I have 20 lots at $1.48 and now losing $6,500. Any chance of me coming out alive?

 

O my dear! $6,500 is nearly two months salary for me.  I come only when I have spare time, that's why you don't see me often.  But not to worry, I think the price can be reached within this year.

If you have plenty of money, and full of confidence in Biosensors, then this is the best time to do some averaging.  Say buy 13 lots at 1.16 and your average buy will be below $1.30, easy to arrive earlier.  Remember only if you have the idle cash and don't need the money.

yiming2000      ( Date: 12-Jun-2012 12:01) Posted: hotokee, how come I did not see you before? You are very smart. Why are you hiding in the bushes and watching us get slaughtered? I have 20 lots at $1.48 and now losing $6,500. Any chance of me coming out alive? hotokee      ( Date: 11-Jun-2012 22:12) Posted: The ups are very well controlled in the Singapore stock market.   Can see that all prices are well structured that no short term play may profit much except paying for brokerage and meals for few friends or family members. Losses will run into few hundred dollars always unless you exit the trade at break-even or 1 or 1.5 cent gains. Stock playing is like going and looking for some sort of promised land that is in another dimension.

 

hotokee, how come I did not see you before? You are very smart. Why are you hiding in the bushes and watching us get slaughtered?

I have 20 lots at $1.48 and now losing $6,500.

Any chance of me coming out alive?

hotokee      ( Date: 11-Jun-2012 22:12) Posted: The ups are very well controlled in the Singapore stock market.   Can see that all prices are well structured that no short term play may profit much except paying for brokerage and meals for few friends or family members. Losses will run into few hundred dollars always unless you exit the trade at break-even or 1 or 1.5 cent gains. Stock playing is like going and looking for some sort of promised land that is in another dimension.

 

The ups are very well controlled in the Singapore stock market.   Can see that all prices are well structured that no short term play may profit much except paying for brokerage and meals for few friends or family members. Losses will run into few hundred dollars always unless you exit the trade at break-even or 1 or 1.5 cent gains. Stock playing is like going and looking for some sort of promised land that is in another dimension. 

 

The juices that's flowing are the pee in our pants and our blood in the streets.   

 

Gentle peoples:  I have read with interest the coments about trading vs investing.  I agree investments should generate some income BUT in a balanced portfolio one has the opportunity to keep some investments for appreciation while generating cash flow from others so that the total portfolio can generate a reasonable return.  I.e. a diversified portfolio can have long term gov't bonds that just yield 4% REIT's that yield 6-7% global energy and fertilizer investments yielding 7-12%   global manufacturing and consumer goods companies that yield 3-6% and utilities / infrastructure investments that yield 4-8% -  investments  spread globally.  When  recognizing a cap gain  place a good part of the proceeds into your investment capital base and keep a portion in cash to take advantage of any investment opportunities.    Investments that, when purchased yielded 7% (several years ago) now may only yield 4%, because of appreciation.    Constantly look for new investments and sell loosers or winners when that specific investment profile changes.  Build investment capital by  moving profits from speculative trades to more stable investments and build a diversified portfolio.  BTW my avg price in BIG is 60 cents and  in retrospect I should have sold all in 1.60 - 1.70 range  not just 1/2 of my position.  BUT hindsight is always 20-20.  Still think BIG will go back up and make new hi's soon.         

GOOD  LUCK   TO  ALL

P.S. I also  trade occasionally just to keep the juices running.   

 

Yes true. And if it were so simple, then no one would have committed suicide playing stocks... 

yiming2000      ( Date: 08-Jun-2012 12:40) Posted: Holding a lost trade as investment feels like  a ghost lying on top of you in bed at night. You can't move. overshoot      ( Date: 08-Jun-2012 08:53) Posted: Its a dangerous to think that becos' u lost in trade u can hold it as investment. Investment should generate constant cash flow not only a capital gain.

 

Holding a lost trade as investment feels like  a ghost lying on top of you in bed at night. You can't move.

overshoot      ( Date: 08-Jun-2012 08:53) Posted: Its a dangerous to think that becos' u lost in trade u can hold it as investment. Investment should generate constant cash flow not only a capital gain.

 

Its a dangerous to think that becos' u lost in trade u can hold it as investment. Investment should generate constant cash flow not only a capital gain.

 

My strategy is to pray to Kuan Yin.

 

Yeah, this is a very good strategy, but many don't follow because of impatience and greed. Or, its the challenge of trying to beat the market. :) Money easy to earn if you are sincere in what you do. Big bucks in a short time frame (few years) much harder.

junction      ( Date: 07-Jun-2012 15:24) Posted: You have just described the strategy of my experienced investor friends who make the most in shares.  They invest big during the crashes and averaged down until reversal and had many multibaggers.  That's how they make their money and are always happy.  They do not bother about the noise traders make daily but concentrate on only one strategy although for some fun they do buy a small amount off and on. rutheone1905      ( Date: 07-Jun-2012 10:00) Posted: many yrs ago i attended a conference on money management seminar, there were renowned ppl like R.Kiyosaki, Jim Roger, Maloney etc. the best is tat i had forgotten wat those gurus had said except one last speaker, cant remember his name, only remember he saying something like this: he was a businessman earning his profits the usual business person did in normal day. when crisis came he would hand his daily responsibilities to some right hand men n turned his focus on the stock market. he will patiently wait till the mkt below its value then he would gradually move in. once he had parked good sum of money into the mkt he returned to his business. when mkt recovered n everyone turning hyper on the mkt, he sold all his stocks n wait for the next crisis. according to him he had make huge profit in the mkt during the series of crisis since 1970s without knowing alot of trading skills. i was really inspired n do my Long that way n ofcos i profited alot too.   however daily i still like to thrill of shorting the mkt, just to share.

 

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 . Bintang      ( Date: 26-May-2012 13:24) Posted: Biosensors has made a technical rebounce to fill the falling gap at $1.315 recently . And is likely forming a rising wedge at the same time . If it breaks the formation n goes downward , support is at $1.07

 

tbt001, thanks for your info.  My faith in biosensors is also based on similar info but I have discounted US market because the big guys there are doing everything to prevent biosensors from foraging their backward knowing biosensors has superior products compared to theirs.  Notwithstanding that its still value for money at current price.  Since I do not know the bottom price, I will pick up more as it goes down.  I am not fully vested and I have made  some capital  through selling some counters from march to april.    The only dislike i have is the management's preference to serve the interests of big investors and ignore the retail investors.

tbt001      ( Date: 07-Jun-2012 16:04) Posted: topdog, junction Here are some things to think about for long term investors: -  the total world market for heart stents is about US$6 bil -  Biosensors is currently not in the USA (US$2 bil) and their flagship product BioMatrix is not in China (US$1 bil) -  Their revenue last year = about US$300 mil -  Their Japanese licensee which makes a BioMatrix-like stent has nearly 50% market share in Japan -  Their new product, BioFreedom is undergoing trials learning from the past they have ensured that this will be registerable in the USA (and China) -  BioMatrix is (arguably) the best stent in the world -  BioFreedom early results show that it is at least as good (and hopefully better) -  AXXESS bi-furcation stent is the only established such stent in the world with the best trial results for the treatment of cases where a stent is needed at a junction of a heart blood vessel (already being marketed in Europe) Questions: - How long before this company who produces the best stent in the world become internationally established? -  When will they get US FDA approval for their products? -  What should their worldwide market share be when all this happens? I have waited 4 years so far and I am prepared to wait for another 6 years.

 

topdog22: I see. 6.9% is very good! But long term investor may not be a value investor. I have known ppl who do long term investment on  speculative stock, like Midas. They do so cos the stock fell in price after they buy and refuse to go to their buy price or higher and hold it for years, but the stock didn't recover, in fact go lower. So correct long term investor shld be used in very good stocks or high dividend yield stocks IMO.

junction and rutheone1905:    Thanks for sharing your experience.  I think investment is more efficient than trading if you are a very busy person and prefers to let money work for you than working for money. I also started with trading mentality and switched to investing mentality...

 

 

topdog, junction

Here are some things to think about for long term investors:

-  the total world market for heart stents is about US$6 bil

-  Biosensors is currently not in the USA (US$2 bil) and their flagship product BioMatrix is not in China (US$1 bil)

-  Their revenue last year = about US$300 mil

-  Their Japanese licensee which makes a BioMatrix-like stent has nearly 50% market share in Japan


-  Their new product, BioFreedom is undergoing trials learning from the past they have ensured that this will be registerable in the USA (and China)

-  BioMatrix is (arguably) the best stent in the world

-  BioFreedom early results show that it is at least as good (and hopefully better)

-  AXXESS bi-furcation stent is the only established such stent in the world with the best trial results for the treatment of cases where a stent is needed at a junction of a heart blood vessel (already being marketed in Europe)

Questions:

- How long before this company who produces the best stent in the world become internationally established?

-  When will they get US FDA approval for their products?

-  What should their worldwide market share be when all this happens?

I have waited 4 years so far and I am prepared to wait for another 6 years.