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Is Biosensors a good buy?

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iPunter
    04-Jun-2012 10:03  
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The stock market respects no one.

    When it falls, it is not 'humane'...

              it is more like a beast or monster ... lol...  Smiley


yiming2000      ( Date: 04-Jun-2012 09:56) Posted:



Wow! It's 1.18 now. I am losing $6,200 om 20 lots. Smiley 31

Where is sharp trader Susan66? Is she bleeding also?    Smiley 39

 
 
yiming2000
    04-Jun-2012 09:56  
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Wow! It's 1.18 now. I am losing $6,200 om 20 lots. Smiley 31

Where is sharp trader Susan66? Is she bleeding also?    Smiley 39
 
 
allright
    04-Jun-2012 09:21  
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NOTICE OF  A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN INTEREST  *

* Asterisks denote mandatory information
 
Name of Announcer *BIOSENSORS INT'L GROUP, LTD.  
Company Registration No.EC 24983  
Announcement submitted on behalf ofBIOSENSORS INT'L GROUP, LTD.  
Announcement is submitted with respect to *BIOSENSORS INT'L GROUP, LTD.  
Announcement is submitted by *RONALD EDE  
Designation *COMPANY SECRETARY  
Date & Time of Broadcast01-Jun-2012 18:58:00  
Announcement No.00136  
 
 
> > ANNOUNCEMENT DETAILS
The details of the announcement start here ...
 
> > PART I
 
1.Date of notice to issuer *01-06-2012  
 
2.Name of  Director  *YOH-CHIE LU 
 
3.Please tick one or more appropriate box(es): *
 
  • Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV]
  •  
     
    > > PART II
     
    1.Date of change of  Interest01-06-2012  
     
    2.Name of Registered HolderYOH-CHIE LU  
     
    3.Circumstance(s) giving rise to the interest or change in interestExercise of Share Options/Convertibles  
      # Please specify details
    Exercise of Biosensors Share Options at US$0.36 each.  
     
    4.Information relating to shares held in the name of the Registered Holder
     
    No. of  Options  held before the change10,600,000  
    As a percentage of issued share capital0.616 %
     
    No. of Options which are subject of this notice2,000,000  
    As a percentage of issued share capital0.116 %
     
    Amount of consideration (excluding brokerage and stamp duties) per share paid or received0.36  
     
    No. of Options held after the change8,600,000  
    As a percentage of issued share capital0.500 %
     
     
    > > PART III
     
    1.Date of change of  [Select Option] 
     
    2.The change in the percentage levelFrom % 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  Director  , including direct and deemed interest :
     
    Direct
    Deemed
    No. of shares held before the change0   0  
    As a percentage of issued share capital0 %0 %
    No. of shares held after the change2,000,000   0  
    As a percentage of issued share capital0.116 %0 %
     
    Footnotes
    The percentages are computed based on 1,721,179,357 shares issued as at 1 June 2012.  
     
    Attachments
    Total size =  0
    (2048K size limit recommended)
     

     
    yiming2000
        01-Jun-2012 10:55  
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    Hey, you guys can bet all you want. I just want to  gasak.    Smiley 126
     
     
    ChillX
        31-May-2012 23:59  
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    Totally agree!

    iPunter      ( Date: 31-May-2012 11:01) Posted:



    What is there to be scared of in betting?

        If charts can predict the outcome, then what is there to bet?

                  Thus, it is chart-based betting... better than to gasak... Smiley             


    fortunecat      ( Date: 31-May-2012 10:41) Posted:

    but when people see charts and try to determine the point to buy/sell, you always  come out and scare them saying that everything is just a bet and charts can't tell the future. like that how lo


     
     
    dowcog
        31-May-2012 12:33  
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    sifu IP is right..

    charts/TA can never predict future. only show one what are the possible outcomes..

    a strong buy signal/entry point can be also a strong sell   signal/entry point..

    to each his own bets/punt... otherwise will not have to add DYODD as disclaimer liao...  Smiley

    Today looking cheap... tmr cheaper.. LOL




    iPunter      ( Date: 31-May-2012 11:01) Posted:



    What is there to be scared of in betting?

        If charts can predict the outcome, then what is there to bet?

                  Thus, it is chart-based betting... better than to gasak... Smiley             


    fortunecat      ( Date: 31-May-2012 10:41) Posted:

    but when people see charts and try to determine the point to buy/sell, you always  come out and scare them saying that everything is just a bet and charts can't tell the future. like that how lo


     

     
    bishan22
        31-May-2012 12:01  
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    Got dump again. Good luck.  Smiley
     
     
    iPunter
        31-May-2012 11:01  
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    What is there to be scared of in betting?

        If charts can predict the outcome, then what is there to bet?

                  Thus, it is chart-based betting... better than to gasak... Smiley             


    fortunecat      ( Date: 31-May-2012 10:41) Posted:

    but when people see charts and try to determine the point to buy/sell, you always  come out and scare them saying that everything is just a bet and charts can't tell the future. like that how lol

    iPunter      ( Date: 30-May-2012 20:55) Posted:



    You have to do a bit of work with the charts...

        A good starting point is to scan all the stocks' charts every evening... Smiley


     
     
    fortunecat
        31-May-2012 10:41  
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    but when people see charts and try to determine the point to buy/sell, you always  come out and scare them saying that everything is just a bet and charts can't tell the future. like that how lol

    iPunter      ( Date: 30-May-2012 20:55) Posted:



    You have to do a bit of work with the charts...

        A good starting point is to scan all the stocks' charts every evening... Smiley


    junction      ( Date: 30-May-2012 10:32) Posted:

    You are right of course. Its every investor/trader's dream to sell high and buy low. The problem is how?


     
     
    overshoot
        31-May-2012 09:39  
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    anybody know how to get " Free float" infomation???

    topdog22      ( Date: 30-May-2012 08:55) Posted:



    CIMB  Analysis    By Gary NG


    Biosensors Int'l


    4QFY12RESULTSNOTE


    BIG SP/ BIOS.SI


    Current


    S$1.29


    SHORTTERM
    (3 MTH)


    LONG TERM


    Market Cap


    AvgDailyTurnover


    Free Float


    Target


    S$1.82


    US$1,732m


    US$8.11m


    42%


    Previous Target


    S$1.98


    S$2,212m


    S$10.19m


    1,721m shares


    Up/downside


    41.6%


    Not a bad romance


    Resultsexceedmanagement’s guidance. After investors’ initial overreaction toprice-reduction fears in China, bargain valuationshaveemerged. We areoptimistic on product penetration in key Asia-Pacific markets.


    FY12 core meets 98% of Street and 104% of our expectations. We lower our margin assumptions conservatively on easing ASPs and reduced FY13-14 EPS, and our SOP target accordingly. Retain Outperform on market leadership and product superiority.


    FY12 recap


    4Q12 revenue of S$88.2m (+98.2% yoy) was fired by strong growth in stent sales, boosted by the consolidation of JWMS. Licensing and royalty revenue grew to US$22.8m (+378.3% yoy), led by Nobori DES sales in Japan under Terumo. Gross margins improved sequentially to 82.0% on the back of lower JWMS consolidation costs and cost control. Demand in EMEA and Asia Pacific remains strong. In China, management has yet to discern any destocking in anticipation of weaker prices, as claimed by the Chinese media.


    FY13 guidance


    Management expects profitability to improve by 20-30% yoy in FY13. While scope for growth in licensing revenue is limited, sales volume in EMEA and Asia Pacific continues to gain traction, with greater marketing efforts and penetration. This should overwhelm easing ASPs. Management is still sanguine on BIG’s product superiority which should bestow higher spectrum pricing power.


    Catalysts


    SFDA approval for the launch of BioMatrix will be paramount for blunting the impact of any mandated price reductions (in China and Japan

     

     
    iPunter
        30-May-2012 20:55  
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    You have to do a bit of work with the charts...

        A good starting point is to scan all the stocks' charts every evening... Smiley


    junction      ( Date: 30-May-2012 10:32) Posted:

    You are right of course. Its every investor/trader's dream to sell high and buy low. The problem is how?

    iPunter      ( Date: 30-May-2012 09:43) Posted:



    Sell only at juicy peaks...

        But buy only when there got no more juice left... lol...  Smiley


     
     
    yiming2000
        30-May-2012 20:45  
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    Siao counter. It's back down to 1.28. At least, I know it's the bottom. I'll have to hold onto this baby till the euro crisis blows over and the siao Sinapore traders come crawling back out from their kiasu holes. Smiley 140
     
     
    j3r0m3
        30-May-2012 11:09  
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    junction
        30-May-2012 10:32  
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    You are right of course. Its every investor/trader's dream to sell high and buy low. The problem is how?

    iPunter      ( Date: 30-May-2012 09:43) Posted:



    Sell only at juicy peaks...

        But buy only when there got no more juice left... lol...  Smiley


    Bopanha      ( Date: 30-May-2012 09:12) Posted:

    Buy or sell also must have juice, otherwise you will still lose.  " Juice" is borrowed from sifu iPunter.


     
     
    sylvincent
        30-May-2012 10:29  
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    Price is at peak now? Well, market sentiment is bad, but in my opinion, this stock is clearly undervalued.

    aleoleo      ( Date: 30-May-2012 10:15) Posted:

    today should be the last chance to escape from the peak ....

     

     
    aleoleo
        30-May-2012 10:15  
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    today should be the last chance to escape from the peak ....
     
     
    iPunter
        30-May-2012 09:43  
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    Sell only at juicy peaks...

        But buy only when there got no more juice left... lol...  Smiley


    Bopanha      ( Date: 30-May-2012 09:12) Posted:

    Buy or sell also must have juice, otherwise you will still lose.  " Juice" is borrowed from sifu iPunter.

     
     
    lostbell
        30-May-2012 09:40  
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    OCBC

    Biosensors International Group: FY12 results within expectations
    Biosensors International Group (BIG) reported 4QFY12 revenue of US$88.2m (+98.2% YoY) and core PATMI of US$28.6m (71.5% YoY). For FY12, revenue increased 86.6% to US$292.1m, or 0.3% above our forecast. Core PATMI grew 92.0% to US$101.0m and formed 98.6% of our FY12 estimates. Looking ahead, we expect BIG’s growth trajectory to continue, although DES price reductions in various locations is expected to dampen its gross margin. Management guided that sales for FY13 would be in the range of 20-30%, which was below consensus’ estimates. We pare our FY13 revenue forecast by 4.2% and our PATMI estimates by 10.2%. This is partially mitigated as we also roll forward our DCF-based valuation. Maintain BUY with a lower fair value estimate of S$1.88 (previously S$1.92).

     
     
     
    ricourean
        30-May-2012 09:29  
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    Waiting for more analyst to call, before we see bigger volumes?
     
     
    Bintang
        30-May-2012 09:19  
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    After forming the rising wedge n fell heavily to $1.25 , Biosesors made a rapid rebounce n touching the lower part of the rising wegde at $1.32 today , it is still valid if it could not set off this formation with heavy volume .

    susan66      ( Date: 28-May-2012 12:19) Posted:

    Thanks Bintang, I stay alert today, sold $1.32 since market sentiment not too good.  Smiley 9

    susan66      ( Date: 27-May-2012 22:44) Posted:

    Thanks shifu for the analysis, missed reading your post for qute sometime.  This rising wedge seems may continue another week or so if doesn't breakdown.  So needs to continue to monitor.  If it is able to stay > $1.32 next week, it may be able to test $1.40 at MA200, am I right? Of course, if it breaks down, we  have to put our stop loss accordingly. Smiley 12


     
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