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Hi Tanyagary,
BioT has failed to service the bond loan it taken out from ML. This will cause ML to demand full payment of the bond. When this happen, everybody will start to recall the loans.
I think we should wait for BioT to advice next course of action before you want to pickup the stock. Very serious situation in BioT, I guess.
Bio-treat may have to sell its shares to raise money for payment.
I think this counter has more downside. Avoid.
Wastewater treatment firm Bio-Treat Technology may be in focus after it was told by Merrill Lynch that it failed to fully redeem S$27.6 million in bonds held by the bank and that it would have to pay them back immediately.
| Time | Last | Volume | Buy/Sell |
| 10:37:04 | 0.355 | 601,000 | Sell Down |
| 10:36:50 | 0.365 | 24,000 | Sell Down |
| 10:36:41 | 0.365 | 115,000 | Buy Up |
| 10:36:38 | 0.360 | 34,000 | Sell Down |
| 10:36:30 | 0.360 | 500,000 | Sell Down |
the sell down is quite heavy on this counter despite the positive environment we are in currently today
buy on weakness
this red one stands out from the field of greenery
BioT announcement received Notice of Default from Bond Issuer ML. Dated Apr 19...posted by Andrew
What does this mean? for biotreat.
38.5cts a pc at all time low, shld rebound soon...it won't fall forever
BioT announcement received Notice of Default from Bond Issuer ML. Dated Apr 19.
The same goes here.....sold off with a profit long time ago and never look back ever since they ousted their Chairman.....looks like a junk stock to me.
787, fully agree with you... avoid this burger.
Gd move I also sold when it went .$1....but still look occasionally at it..will be another hengxin..go below 30cts..Hengxin alos hit >$1 in 2006 after that it went downhill all the way to current 22cts also becoz of squabbles between management and lawsuits....avoid at all cost
178investors ( Date: 20-Apr-2008 18:01) Posted:
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i tink the price will drop further due to the lawsuit. wait n see.....
I gave up on bio-treat long long time ago. The people at the top like a bunch of clowns during the Agm back in 2006. No credibility. I sold all my bio-treat shares right on the spot during that Agm. No need to reconsider if my decision to sell was correct or not. I just sold and never regret since.
well...JJ.....yes for other counters.... but for this one....im not so sure.......
do let me know if u get in
novena_33, just buy next week... it should have dead cat rebound... it cannot keep going down, history tell us, it is time to go up soon, see, synear, sinotech, sino env, chinaenergy, all will rebound from the lowest points... so, let's bet on this..!
ic...if director buying ...then price still go down?
take care...nv
lawsuit rumour around, directors buying more
wow...all time low..... not looking good....
Finally like most S Stock ...Biotreat finally closed below its ipo price
787180 ( Date: 12-Apr-2008 22:41) Posted:
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