Biosensors   

Is Biosensors a good buy?

What big M & A news?

The only Big M & A news would be Biosensors swallowed by a big phama.  Then we can get rid of this lousy management.

Don forget to vote against the election and compensation of the current directors at the AGM.

Stocky901      ( Date: 13-May-2013 07:51) Posted: Big M& A news out this morning. Huat ah!

 

Friend topdog, let's look forward to blowout earnings report on May 29. We need the stock price to rise to 1.70.       

Better still, let's hope that Biosensors will be bought by Johnson & Johnson with offer price of $2.50!          

 

Big M& A news out this morning. Huat ah!

 

ANNOUNCEMENT

BIOSENSORS INTERNATIONAL GROUP, LTD.

(Incorporated in Bermuda)

(Company Registration Number: EC 24983)

Date of Release of Financial Results for the Fourth Quarter and

Full Financial Year Ended 31 March 2013

Biosensors International Group, Ltd (“Biosensors” or the “Company”) will announce its

results for the fourth quarter and the full financial year ended 31 March 2013, on 29 May

2013 after trading hours.

Senior management will host an analyst conference call on that day at 7pm (Singapore time)

to discuss the financial results and provide an update on the Company’s progress.

A live webcast of the audio conference will be available through the corporate website at

www.biosensors.com

Ronald H. Ede

Company Secretary

9 May 2013on the day of the event.

 

AMEN to that Brother.  I've held mine for longer than that.  I can't figure out how their management can be this bad after all the changes???

 

Friend topdog22, let's hope it top 1.70 so that I can dump this lousy stock.

I have been holding it for more than one year at 1.48.

 

Spring is normally a good time for BIG.  Many medical  conferences where trial results released that put this counter " front and center" on the international stage.  Also, Company posts full year results.  PLUS there is a secular Bull Market globally with most exchanges reaching multi year or all time record hi's.  Hopefully BIG management can make the best of the favorable environment and stock will surge. 

BUT what price?  Will it top all time hi of 1.70 or recent hi of 1.50??  Any thoughts?

 

This one looks good on chart, hope it can continue its good run tomorrow.

 

 

M&A news likely out with results released. Price may hit record high by end of this month. Trade with cares..

 

Some buying today. Good luck. 

 

What is your best guess then, Friend matrixx?

Do you know when will Biosensors give next quarterly earnings report? If the report is good, more buyers will come in. 

 

Friend yiming, I do not want the price to go down to 1.07.

I am only stating that  if she breaks 1.20 with high volume and only if the stock is still trending down after breaking,

then it " may" go to that 1.07 level which is the next prominent support.

Why?

1 Nov 2012 - closed at 1.07  with 9.2 million shares done.

21st & 22nd Nov 2012 - touches 1.07 lowest price with 2.5 million shares & 5.1 million shares respectively.

 

Share buyback at this kind of volume seems more like a smokescreen to me, only letting ppl know they are buying back the their shares so that people will keep holding on to it.

Since biosensors themselves are holding on to millions of shares, what is 63 lots or even 630 lots to them?

Therefore, " The action  of the market  should  be reason enough"

So if biosensors keep falling with good volume, its a definite sell.

Likewise if there is good rebound up with nice volume, its a definite buy, cos its a reversal sign at 1.20 pivotal point.

 

 

Friend Matrixx, why do you want price to go down to 1.07?

April 19, Biosensors bought back 63 lots at $1.20. Even I can afford to buy 63 lots.  Share buybacks should be 100 times that volume.

What monkey business are they playing?

 

 

Who?

You?

 

they reactivated buy back liao... their buying point... 1.2

 

if break 1.2
may
go
to
1.07

Why?

Because no heavy buying interest spotted since 28 March 2013
See March 15, March 21 and March 27 for what I meant by heavy buying interest.

After that, it is selling and selling till 30 April

Only distribution mode is spotted currently.

 

Friend steven, let's hope we don't break the 1.20 support. Nothing will happen to this counter unless there are blowout earnings next quarter.

 

Friend halleluyah, how many lots in the freezer at what entry price. Share your pain.

 

My read of biosensors:

Biosensors bouncing off its strong $1.20 support, currently at $1.225 – 1.23, resistance at $1.26 and $1.30, after those 2 checks it's all the way to $1.40.

Why I like: 

+ Biosensors bounced off support

+ Fidelity Fund buying in at $1.25

+ Biosensors has been buying back their own shares recently.

?? With Japan market going up like a rocket, Japan is one of Biosensors’key markets for their licensing and product revenue. Not sure if the weak yen is good or detrimental to Biosensors' partnership with Terumo?

 

hopefully some good news is coming up!