Biosensors   

Is Biosensors a good buy?

Daiwa Securities initiate coverage with a buy call, target price 0.75 cents.  on 12 Aug - Report circulated today, since this morning.

 

Who bought so many 1000 lots a go? Show your hands...What is going on on this laggar? Gloom gloom gloom then suddenly pop up it goes to year high!

 

im forget it for q sometime liao,,,,,,,,,,,,im still prefer wait for bond problem otherwise wil give a miss,,,,,,,,,,,,,,,,,too uncertain,,,,,,,,,,,,,,too risky,,,,,,,,,,,,,,,,,,too bocap,,,,,,,,,,,,,,,,,,,,,and lost confident at the moment,,,,,,,,,,,,,,,,now all zoom to penny liao,,,,,,,,,,,,,,,,,,,,,,,,,,,,,so

 

Its .55 I still think this is a good share . I am confident of the management

 

Hello ironside were U at the AGM? looks like thw mgt not so interested in marking up the share price but only in the marketing and sale,P&L ,B/S the rest leave sto investing public,who cares after all they already got the $$$ from IPO and convertible loan,etc,the option is free at $1 nominal sum and they can definitely wait 5 -10 years no problem.

 

 

If U got spare cash...invest in Bukit Sembawang Better....I made  it to this counter.

 

Property Sector : Back With A Bang : OVERWEIGHT

We maintain our OVERWEIGHT stance on the property sector as we continue to see good value in property stocks. The residential property cycle has turned up and property stocks are still trading at an attractive 32% discount to the average upcycle P/B value despite the recent run-up in share prices.

Back with a bang. The private residential segment is on a recovery track, with the developer sales volume of 4,714 units in 2Q09 alone exceeding the 4,370 units sold for the whole of 2008. Price levels rebounded by 5-8% qoq in 2Q09 after a 30-40% fall from end-07 peak levels. With the resurgence of homebuyer sentiment, we expect price levels to firm up by another 8-10% during 2H09. Thereafter, prices are likely to rise in tandem with economic growth.

Structural transformation lends high degree of sustainability to the current recovery. Interest rates are drastically low in comparison to that during the Asian financial crisis. Net household wealth is double that in 1997 and household debt-to-asset ratios are at a 10-year low. Corporate balance sheets are also a lot stronger. Furthermore, favourable migratory patterns to Asia and Singapore's appeal as a top global city, as evidenced by the higher level of foreign participation, help support a sustainable recovery.

Supply glut has been overstated. The tight supply in the public housing segment, which accounts for 78% of the total housing stock, and the segment's narrow price differential with the private mass market segment support the overall private residential market. Moreover, the demand and supply dynamics are favourable to the private mass market and mid-tier segments that constitute nearly 80% of the private housing market. Also, the strong holding power of developers this time round lends them greater flexibility in releasing their high-end inventories.

Integrated resorts to spearhead re-rating. The two integrated resorts (IR) are expected to create 50,000 to 60,000 jobs and directly contribute S$5.4b to the Singapore economy, or 2.6% of GDP, by 2015. The IRs were the major catalysts of the last property boom by creating buzz for Singapore's transformation into a top global city in which to live, work and play. With their launches coming up in 1Q10, the IR theme should make a strong comeback towards the end of this year in the run-up to the IR openings.

Bukit sembawang Target Price $5.40 edge magazine..the true golden cross between the 100- and 200-day moving average has yet to take place by then the breakout indicates a target of $5.40 a level that was not unfamiliar to shareholders of this erstwhile blue chip.Long term indicators comfirm the target.

ironside      ( Date: 06-Aug-2009 08:56) Posted: Hi Bengster, Welcome back to the forum. It is good to know that you have survived the mkt crash. This counter is a disappointment, much of my cash are stuck in it. Waited so long, instead of going up, the price went down! Are you still heavily invested in this stock? Pls. continue to post your comment. In the last AGM, several shareholders vented their frustration at the management for issuing too many options, increasing the renumeration when still suffering loss......milking the shareholders!

 

Hi Bengster, Welcome back to the forum. It is good to know that you have survived the mkt crash. This counter is a disappointment, much of my cash are stuck in it. Waited so long, instead of going up, the price went down!

Are you still heavily invested in this stock? Pls. continue to post your comment.

In the last AGM, several shareholders vented their frustration at the management for issuing too many options, increasing the renumeration when still suffering loss......milking the shareholders!

 

Distribution / BB syndicate "feeding" over. The stock has been passed from the strong hands to the weak hands. Notice the "triple bearish divergence" between the price line and price ocillator indicators between the date from 27/7 to 04/8. This stock made a huge gap up yesterday to the key resistance of around 58cts region, then a long black candlestick forming a huge "bearish engulfing" pattern with closing price deep below the prior session's close. Yesterday was a classic distribution case. Today is another long black candle which is again bearish. The BB already had ample time to accumulate at a much lower price previously and probably passed the scrips to the public (retail buyers). For chart formation, it is a double top formation over a 2.5mth period, again a bearish sign. Trade with care. 

starlene      ( Date: 03-Aug-2009 15:56) Posted: After so manyyyyyyyyyyyyyyyy false start,looks akang datang 2.78Buy Q verses 1.25 sell Q,tested and toying with 2009's high 57cts chriscyng      ( Date: 01-Aug-2009 07:22) Posted: I see a double bottom or head and shoulder formation. Hope it will move higher on Monday.... However, there are lots of short yesterday, especially in $0.570 and $0.560.

 

Need to have patience in order to get a good profit from stocks.....BIG already up more than 25% (from low of 45.5c to high of 58c) so a correction is inevitable. The future looks bright for this company....still out of 70% of the DES market in Asia Pacific (ex Japan) and a few large European markets....most impt is that BIG has products, biomatrix & biofreedom(still undergoing clinical trial), that are unique from their competitors.

 

thanks for informing me what s-chips are.

tedlim_me      ( Date: 28-Jul-2009 22:08) Posted: hello.. s-chips = china counters listed here (in s'pore) NEWBAB      ( Date: 28-Jul-2009 20:14) Posted: Hi Uncle Cheongwee, Know your big name thru SAR.  Yes, I agree with you, this Biosensor is a slow one and a letdown, regret buying too 1 month ago when it was 0.525.  Missed the boat to sell yesterday at 0.555 due to greed as I was queuing 0.585.  May I know what you mean by S-chips?  Sorry a bit mountain tortoise here, blue chips I know but not s-chips.  You recommended Li Heng and Long cheer, but I don't fancy any more china stocks as I got stuck with Ferro China which now got suspended.  Had learnt a lesson and will never buy china stocks again as you never know the financials are how true.  Kindly advise. Thanks.

 

Some dreams are never likely to come true and i think any potential takeover is not on the card and we have to face reality of our dreams.  I believe the best is to throw away if you have not make much loss here.  Try some fast counters to recoup any losses incurred in BIG.  This way is best to lift one's burden.

 

It is very disappointed on the closing, stock lose steam before 10am.... I think ppl are having profit taking.. But how much profit can one has, stock always shoot down......

 

at this rate of development, I see potentially a 10 bagger in 2012; $5-6

 

Hope solid base forming from 52-55cts,then when it runs ,it flies,like in the past,within a week 70-8--90-$1.00-$1.10 then comes down

chriscyng      ( Date: 04-Aug-2009 03:16) Posted: I hope BB to come in fast, most stocks had already existed their high or even highest high....But this still sleeping... Oh My God....

 

Ha ha, today's paper, MFTs mentioned, dun rush to take profit, acc more if down trend. CA applies loh.

AK had listen to sifus, acc lately at 0.545. Cross my legs again. No calling, cheers.

 

IMO - The BIG challange here is to clear out the price block 0.56 to 0.58 ... cos i believe many of the previous BIG holders holding at 0.65 to 0.80 and after averaging down to 0.55, should be making their exit now if they no longer feel good with BIG. And ya man ... if BIG loses steam, a double head will be formed and the down side risk will be there liao ..... 

But i'm surprised that BIG reported a profit for the 1stQ ... and i think the 2nd half will be interesting cos the Ang Mo mentioned that the profit will weigh more towards the 2nd half. Thus, maybe the collection now is for the 2nd half cos the 1st half is almost finished liao... so maybe once BIG cross over the 0.60, it will move up all the way liao ... hahaha. Couple with the global outlook looking good ... i think BIG should be able to get a good financing package .....  

Anyway, good luck to all. Each to his own risk appettite.

Above not an inducement to trade.

 

 

I hope BB to come in fast, most stocks had already existed their high or even highest high....But this still sleeping... Oh My God....

 

[IMG]http://i28.tinypic.com/25tbz9x.jpg[/IMG]

http://i28.tinypic.com/25tbz9x.jpg

Volume is reducing, however MACD still show bullish sign, need to break out 0.58 for people to get more confidence. Still below the upper bollyband, I see collectors soaking up in small volume for a long while, no chasing up this stock which is good news. Give us a new product and it will shoot to a dollar.

 

After so manyyyyyyyyyyyyyyyy false start,looks akang datang 2.78Buy Q verses 1.25 sell Q,tested and toying with 2009's high 57cts

chriscyng      ( Date: 01-Aug-2009 07:22) Posted: I see a double bottom or head and shoulder formation. Hope it will move higher on Monday.... However, there are lots of short yesterday, especially in $0.570 and $0.560.

 

I see a double bottom or head and shoulder formation. Hope it will move higher on Monday.... However, there are lots of short yesterday, especially in $0.570 and $0.560.

 

Star, not anymore, waiting for it to correct and reload, I know it is not good to go in out too often, but this is how I mananage my risk, read fundamentals to shortlist and check out how much I am willing to pay for a stock, PE ratio, etc. then I look at charts to tell me when to buy and sell, if TA indicate it may go higher but the FA still tells me I may be too greedy, so I tend to sell off a bit early in most cases. Hard lesson learned from the past, TA is a good gauge for timing but one cannot ignore FA and buy/keep when the price is too expensive. I have learned not to be too emotional and sing hoo haa when I buy low and sell high, just trying to get myself to be discipline. Bio I am longing it for long long retirement fund, increase when low decrease when high in the volume. Afterall there is always another day to make money, if discipline one can make when it is uptrend one can make when it downtrend. So no hoo haa. hehe just my 2 rupiah.