Biosensors   

Is Biosensors a good buy?

Don't waste time on this counter!!! 

You can't make much anymore, trading either way.

 

Bengster68,

 Would like to ask your opinion as well as all.  What do you think this share will perform tomorrow morning from 0.555...UP or DOWN and estimately how much?

 Thanks..

 

Curious to short or long it.

bengster68      ( Date: 27-Jul-2009 22:17) Posted: About US$20m will do. I think they can do it in 2 ways: 1. Issue new convertible loan stock at a lower interest rate (compared to issuing bonds as per item 2) with lower exercise price (for example, at 80cts) compared to the $1.05 ones dated 3 years ago. 2. Issue bonds (higher interest rate compared to item 1 as above) but attached with free warrants. If im BIG, i would prefer the first method. If im an institutional fund, i would prefer the second method.   The DES sales is not growing well and looks disappointing to me. Sales flat for the past 3 quarters. Terumo licensing revenue is disappointing. JWMS deal started with lots of hope but somehow it didn't grow is fast. BIG said China DES market is growing at 80% compoundingly when they made the acquisition back in Aug 2007. Back then i think JWMS was already making US$16m a year. If JWMS has been growing as projected, BIG could be doing a secondary HK/China listing (vendor sale) like what Wilmar is planning to do. There is only one main catalyst for this stock now but i don't think it will happen this year..........

 

About US$20m will do. I think they can do it in 2 ways:

1. Issue new convertible loan stock at a lower interest rate (compared to issuing bonds as per item 2) with lower exercise price (for example, at 80cts) compared to the $1.05 ones dated 3 years ago.

2. Issue bonds (higher interest rate compared to item 1 as above) but attached with free warrants.

If im BIG, i would prefer the first method. If im an institutional fund, i would prefer the second method.  

The DES sales is not growing well and looks disappointing to me. Sales flat for the past 3 quarters. Terumo licensing revenue is disappointing. JWMS deal started with lots of hope but somehow it didn't grow is fast. BIG said China DES market is growing at 80% compoundingly when they made the acquisition back in Aug 2007. Back then i think JWMS was already making US$16m a year. If JWMS has been growing as projected, BIG could be doing a secondary HK/China listing (vendor sale) like what Wilmar is planning to do. There is only one main catalyst for this stock now but i don't think it will happen this year..........   

 

 

Tks starlene. They definitely need to raise capital. Can someone kindly ask the stooges how much and by what means are they going to raise the much needed capital?Tks again.

 

 

Looks like will be in the black finally by end March 2010.Tomorrow anyone going for AGM,can grill the directors keep on giving cheap share options equivalent to diluting our shares or milking the company.

 

 

Q1 FY 2010 – Operating Results

FY10 Q1 FY 09 Q1 Difference %

Product sales 22,351 17,059 5,292 31%

Licensing & Royalty 1,441 40,981 (39,540) -96%

Total Revenue 23,792 58,040 (34,248) -59%

Cost of goods sold (6,887) (7,968) 1,081 -14%

Gross Profit 16,905 50,072 (33,167) -66%

Operating Expenses (15,417) (18,748) 3,331 -18%

Other Operating (expenses)/Income, net 1,053 (697) 1,750 NM

Operating Profit 2,541 30,627 (28,086) -92%

Share of JV 3,094 1,546 1,548 100%

Financial (expenses)/Income, net (803) (679) (124) 18%

Profit before

exceptional items and tax 4,832 31,494 (26,662) -85%

Exceptional items (170) (4,481) 4,311 -96%

Income Tax (477) (10,524) 10,047 -95%

N tP fit ft t 4 185 16 489 (12 304) 75%

Page 11

Net Profit after tax 4,185 16,489 12,304)

 

At least, d confidence level is there. Last trading day vol was high, above 10k, and stock didn't encounter Red. Hope for d best liao. Cheers.

 

Maybe is good news, as yesterday got some good news from the biomedical manufacturing cluster, showing output expanded by 11.6 per cent (at June period) due to higher level of pharmaceutical production.

michgemini      ( Date: 25-Jul-2009 12:58) Posted: Financial results will be released on Monday, but I wonder will it be a sell approach or a buy approach to the good news....

 

Financial results will be released on Monday, but I wonder will it be a sell approach or a buy approach to the good news....

 

Hanging man is formed, but MACD, DMI and other indicators still show positive, Fibo line 38% t 0.534/0.540 I think is the support and res is 0.58 

Look like Monday will be sideline for a while till volumne build up to push further,  I entered at 0.51 and yesterday cleared at 0.545 making some coffee money, hoping to come back when trend is stable in few days time. Just for sharing....I like this forum as all of you are very helpful in sharing knowledge and info....

 

U are right, Biosensors formed a hang man pattern on friday which maybe bearish.

U can confirm it on Monday trading section:

> The confirmation may be in the form of a black candlestick, a large gap down or a lower close.

shweli      ( Date: 25-Jul-2009 09:21) Posted: Hi thomas_low, I agree with you, the next will be 0.585, but may not be fast. On friday (24 Jul 09), Hanging Man??? Need confirmation. Regarding to Fibonachi, the support level 38.2% is 0.535. Please correct me. Thanks. thomas_low      ( Date: 25-Jul-2009 00:00) Posted: "What is the resistance level?" ....shweli It is an inverse Head and Shoulder clearly formed, next stop 0.585, after dat $$$. My AhMoh Supervisor says one oh not me... Above No Call, DOYDD......, however short term Dragonfly doji is here Monday may ..... when news come it will all be different.... bond extension, new shares, rights, takeover, soaring sales, acquired 100% the China biz anything is pozzible...The forumers say one oh, not me...   <a href=&http://quot;http://tinypic.com" target="_blank"><img src="http://i31.tinypic.com/15rfxw1.jpg" border="0" alt="Image and video hosting by TinyPic"></a>

 

Hi thomas_low,

I agree with you, the next will be 0.585, but may not be fast. On friday (24 Jul 09), Hanging Man??? Need confirmation. Regarding to Fibonachi, the support level 38.2% is 0.535. Please correct me.

Thanks.

thomas_low      ( Date: 25-Jul-2009 00:00) Posted: "What is the resistance level?" ....shweli It is an inverse Head and Shoulder clearly formed, next stop 0.585, after dat $$$. My AhMoh Supervisor says one oh not me... Above No Call, DOYDD......, however short term Dragonfly doji is here Monday may ..... when news come it will all be different.... bond extension, new shares, rights, takeover, soaring sales, acquired 100% the China biz anything is pozzible...The forumers say one oh, not me...   <a href=&http://quot;http://tinypic.com" target="_blank"><img src="http://i31.tinypic.com/15rfxw1.jpg" border="0" alt="Image and video hosting by TinyPic"></a>

 

"What is the resistance level?" ....shweli

It is an inverse Head and Shoulder clearly formed, next stop 0.585, after dat $$$. My AhMoh Supervisor says one oh not me... Above No Call, DOYDD......, however short term Dragonfly doji is here Monday may ..... when news come it will all be different.... bond extension, new shares, rights, takeover, soaring sales, acquired 100% the China biz anything is pozzible...The forumers say one oh, not me...

 

<a href=&http://quot;http://tinypic.com" target="_blank"><img src="http://i31.tinypic.com/15rfxw1.jpg" border="0" alt="Image and video hosting by TinyPic"></a>

 

They give away so many share options to directors/major shareholders so easily at the expense of retails investors and the option can last 5-10years,maybe this time good news to boost share price

JustForFun      ( Date: 23-Jul-2009 22:33) Posted: More upside to go with Biosensors due to receive regulatory approval from major mkts in Asia & Europe in the near term and Biomatrix 2-year result at ESC(end Aug) or TCT (end Sep).

 

More upside to go with Biosensors due to receive regulatory approval from major mkts in Asia & Europe in the near term and Biomatrix 2-year result at ESC(end Aug) or TCT (end Sep).

 

Ooo got rumours take over?? Any link to see.....interested.

NEWBAB      ( Date: 23-Jul-2009 21:40) Posted: Many thanks for your reply and views.  $1 is your target price?  not by analysts right?   But $1 is a ong way to go, the 52 wk high was only 68.5, if there is rumours about the take over, sure will keep to tide over this period of time.  but not sure when, therefore can't be holding on too long as it's a loss making company though it's performance is improving. Anyway, thanks again for sharing your views

 

Many thanks for your reply and views.  $1 is your target price?  not by analysts right?   But $1 is a ong way to go, the 52 wk high was only 68.5, if there is rumours about the take over, sure will keep to tide over this period of time.  but not sure when, therefore can't be holding on too long as it's a loss making company though it's performance is improving. Anyway, thanks again for sharing your views

 

Seriously should keep biosensors because of its niche market. below are the reasons why i keep biosensors.

1. Niche Market

2.Every quarter performance is improving.

3.Possilbity of a takeover.

 

TP: $1.00 

 

finally it started to move again, close at 54 cts, this is a very slow one, what do you think is the best price to out, I bought 10 lots at 52.5 cts 1 month ago, now finally moved.  thinking to get out with small profit and buy other counters which can move faster.  what price target are you looking at, kindly share, many thanks. 

 

Tks for your blessing. Same thinking as well.

Though panic selling some earlier, but still keeping some. Ds is d way to play d stock trading game, must be able to hold d pinch when hard time comes n do not overjoyed once wounds heeled. Contention n be happy still d words, esp going to be snr citizen soon. As for d young one, preserve energy to strive for next height loh.

petertan4949      ( Date: 22-Jul-2009 17:40) Posted: OIC, got you, u are toking abt the biosenser product. AK, no worry, most likely good result, becos last quater medical was very strong, in fact without it, the growth will be only 5%. and biosenser will be the one to benefit the most. AK_Francis      ( Date: 22-Jul-2009 17:35) Posted: Ha ha, thats stuff, layman term, a gadget to smoothern blood flow in d blood vessels loh. Vested but no free coffee yet. Cheers.

 

This is a potential stock. recent high was $0.575. Then it went down to as low as $0.45. Next monday 1st quarter 2010 results will be out. And every quarter Bio Sensors are improving so many analyst and investors are expected another round of improved results. With Bio Sensors size, it is relatively small but it is developing really good products in this very niche market. maybe in the near future, J&J or other big companies in pharma might just offer to buy over the company. 

 

TP: $1