Biosensors   

Is Biosensors a good buy?

Bengster wrote "The real effect to the economy next year is going to be damn jialat. When property market major collapse, a lot of people going to be negative net worth. Don't bet your life in this type of market and better sell some if you need the money or cannot afford to lose the money."

The market is very bleak now, everyone is saying it will be like this for the next 3 years or so, possible.

My opinion is that BIG may benefit from this current suitation, raw material supply cost will be down, shipping cost will be down, but everyone still need stent if there is chokage at the arteries, this cannot be avoided, borrow, beg, steal .... it has to be done. So sales at BIG should not be affected (perhaps it may even be boosted) by current financial melt down.

I am hoping that people may see BIG in this light, unfortunately its price was washed down in this panic time! Bengster have you already 'jumped ship'? I am still holding tight to my BIG shares.

 

Date of Release of Second Quarter and First Half Financial Results for the Year Ending 31 March 2009

Biosensors International Group, Ltd (“Biosensors” or “Company”) will announce its results for the second quarter and first half financial year ended 30 September 2008 on 11 November 2008, after trading hours.

Mr. Mike Kleine, President and CEO and Mr. Kevin Sayer, CFO will be hosting a briefing on that day at 5:30pm (Singapore Time) to discuss the financial results and provide an update on the Company’s progress.

A live audio‐cast of the briefing will be accessible through Biosensors’ website at www.biosensors.com on the day of the event. A delayed video‐cast will be available at Biosensors’ website approximately three hours after the event.

By Order of the Board

Kevin R Sayer
Company Secretary
24 October 2008

 

$1.40 within 3 months

bengster68      ( Date: 24-Oct-2008 16:10) Posted: Bro okiedokie, im not blaming you for sharing this info. I heard about this rumour also did said "Banzai" also at the end of my message. The zhengkay chose to push this stock before the news and exit before the news after their CE Mark experience. I guess they feel they may not have time to exit after news so they "tricked" us ahead of time by spreading the rumour first. Such is the game of the trading BBs. Never chase a soaring stock. Hope no one kena at 85cts then.

 

Bro okiedokie, im not blaming you for sharing this info. I heard about this rumour also did said "Banzai" also at the end of my message. The zhengkay chose to push this stock before the news and exit before the news after their CE Mark experience. I guess they feel they may not have time to exit after news so they "tricked" us ahead of time by spreading the rumour first. Such is the game of the trading BBs. Never chase a soaring stock. Hope no one kena at 85cts then. 

 

Indeed the previous rumour about something do with the 'Land of The Risisng Sun',i.e., Jap was true. BIG got some $40m  royalties from Terumo but then it doesn't quite help the share price. Sigh !!!  What to do ? The share market gone crazy, the banks gone broke, the Lehman Bros gone home and I really think we should have gone fishing in the first place.  

bengster68      ( Date: 23-Oct-2008 23:19) Posted: Im not betterfata. Q3 results shd be mid-Nov and i "heard" biomatrix sales is around US$10m. I didn't urge people to buy at 80cts at around 01/04/08 when BIG shionged. Forumer Okiedokie said he heard rumour its something about the Japs but i warned forumers be careful when buying on such market rumours as it is dangerous. I did urge people to buy somewhere early May 2008 when BIG was around 70cts. Somewhere around end of May it did shot up to 78cts. In mid-July i did urge people to buy at around 48cts and BIG shot up to 68cts in early Aug. In late Aug when BIG was 52cts, i urged people to buy because LEADERS results coming out very soon and BIG shot up to 63cts one week later. One month ago when BIG was in the region of around +/- 40cts, a number of people P.M. me asking whether they should sell or hold or buy. I told them if you need $ or don't feel comfortable, better sell. If you can hold, then hold. But if you are thinking of buying, better DON'T buy BIG because BIG's share price was in "fragile" state and it was in a very dangerous situation.

 

Life is cheap????

Yesterday Wanbao, a former beauty, at age 42, plunged fr her flat.

She went for ah loong owing losses in gambling and investment.

A reprica of the same incident in 1994, husband and wife committed suicide due to

heavily in debt on stock market investment.

Feel very sorry for them.

 

I share the same view here. The market is very dangerous now. Share price anytime can collapse due to vicious cycle market mechanism. We are beginning to experience something like the Great Depression except this time got a lot of Government intervention, pumping money into the system and most importantly Government guarantee all bank deposits which prevented a bank run and more collapse of banks. KNN we almost reached a state of keeping cash into biscuit tins under our bed. I don't know how some of the Government can even have the ability to make such blanket guarantees and countries/ Government can go bankrupt also. A lot of old bird investors/ businessmen have never seen anything like this before, only our grand parents truly experienced and lived thru Great Depression era as an adult. So much wealth is lost so quickly, so many people cancel orders and cut spending, unemployment going up. The real effect to the economy next year is going to be damn jialat. When property market major collapse, a lot of people going to be negative net worth. Don't bet your life in this type of market and better sell some if you need the money or cannot afford to lose the money. Safety and survival is the most important criteria now. No questions asked. Better take care of your family as the first and most important criteria.   

 

My personal 1 cents... now still in downward trend, haben seen a slow or U-turning leh... cash is king, so i will wait a bit until general market sentiment is stablize/up-trend then buy... so even if i buy a bit later than others (meaning i paid slightly higher price) also never mind, cos by then when i buy, i knows it's going up liao, so at most is earn slightly lesser, and not loose more... in stock can never time the market to sell highest or buy lowest... painful lesson learnt here

ironside      ( Date: 24-Oct-2008 13:17) Posted: Thank you Bengster for your view. Everyone is free to express/share their views in this forum. We discuss and make our own decision, correct or wrong decision made is solely our own responsibility. For those forumer who only post 'personal attack' posting, pls. do not waste your time. Bengster, at this low price of $0.26, do you recommend to buy if you still have money, or should keep cash until maybe sometime in early next year....

 

Thank you Bengster for your view. Everyone is free to express/share their views in this forum. We discuss and make our own decision, correct or wrong decision made is solely our own responsibility. For those forumer who only post 'personal attack' posting, pls. do not waste your time.

Bengster, at this low price of $0.26, do you recommend to buy if you still have money, or should keep cash until maybe sometime in early next year....

 

BIG has CE Mark (sales from Europe and AP markets), China JWMS contributions, royalties from Terumo CE markets, potential more royalties from Terumo Japan market next year, severe cost cutting measures (Singapore, USA and Europe) since several months ago, no more new clinical trials, net cash position of around US$60 to 70m. I feel BIG can ride thru this prolonged recession.

Why i said BIG is in a "fragile" position is based on market sentiment of equities market. This is refering to the state BIG's share price in this super volatile stock market, not based the fundamentals of BIG. There are huge global fund redemption from hedge funds, portfolio funds, unit trusts, yen-carry-trade unwinding, flight to safety to US Treasury bills, global margin calls, etc. All want to exit at the same time. Even top blue chips kena whacked very badly. Even companies with solid earnings and solid dividends also kena whacked. Our "next Keppel Corp" Jade is now 1.5cts, "See-No-Star" Sinostar now 6cts. 

Blue chips, pennies, etc. Im suffering from very deep losses and my losses are far more than anyone of you guys here. Money lost can make back again next time. Just make sure you survive thru this crisis and don't die in this market. The market is always right and better don't be stubborn.  

ironside      ( Date: 24-Oct-2008 08:44) Posted: Bengster thank you, for your reply and clarification. I did not read your posting one mth ago when you  cautioned 'DON'T buy BIG because BIG's share price was in "fragile" state and it was in a very dangerous situation. ' Pls gave more insight to the above, I noticed this was the first time you post so negatively on BIG. I am heavily invested in BIG, just bought another 7 lots at $0.265 yesterday. I will appreciate your view, thks. bengster68      ( Date: 23-Oct-2008 23:19) Posted: Im not betterfata. Q3 results shd be mid-Nov and i "heard" biomatrix sales is around US$10m. I didn't urge people to buy at 80cts at around 01/04/08 when BIG shionged. Forumer Okiedokie said he heard rumour its something about the Japs but i warned forumers be careful when buying on such market rumours as it is dangerous. I did urge people to buy somewhere early May 2008 when BIG was around 70cts. Somewhere around end of May it did shot up to 78cts. In mid-July i did urge people to buy at around 48cts and BIG shot up to 68cts in early Aug. In late Aug when BIG was 52cts, i urged people to buy because LEADERS results coming out very soon and BIG shot up to 63cts one week later. One month ago when BIG was in the region of around +/- 40cts, a number of people P.M. me asking whether they should sell or hold or buy. I told them if you need $ or don't feel comfortable, better sell. If you can hold, then hold. But if you are thinking of buying, better DON'T buy BIG because BIG's share price was in "fragile" state and it was in a very dangerous situation.

 

Dun  trust   this  anymore .

ironside      ( Date: 24-Oct-2008 08:44) Posted: Bengster thank you, for your reply and clarification. I did not read your posting one mth ago when you  cautioned 'DON'T buy BIG because BIG's share price was in "fragile" state and it was in a very dangerous situation. ' Pls gave more insight to the above, I noticed this was the first time you post so negatively on BIG. I am heavily invested in BIG, just bought another 7 lots at $0.265 yesterday. I will appreciate your view, thks. bengster68      ( Date: 23-Oct-2008 23:19) Posted: Im not betterfata. Q3 results shd be mid-Nov and i "heard" biomatrix sales is around US$10m. I didn't urge people to buy at 80cts at around 01/04/08 when BIG shionged. Forumer Okiedokie said he heard rumour its something about the Japs but i warned forumers be careful when buying on such market rumours as it is dangerous. I did urge people to buy somewhere early May 2008 when BIG was around 70cts. Somewhere around end of May it did shot up to 78cts. In mid-July i did urge people to buy at around 48cts and BIG shot up to 68cts in early Aug. In late Aug when BIG was 52cts, i urged people to buy because LEADERS results coming out very soon and BIG shot up to 63cts one week later. One month ago when BIG was in the region of around +/- 40cts, a number of people P.M. me asking whether they should sell or hold or buy. I told them if you need $ or don't feel comfortable, better sell. If you can hold, then hold. But if you are thinking of buying, better DON'T buy BIG because BIG's share price was in "fragile" state and it was in a very dangerous situation.

 

F#F#F# This is your last posted.Aother  " HAI SI REN"

11-Oct-2008 13:41

Biosensors   /   Is Biosensors a good buy?      4Go to Message

x 0 x 0

I forget to add that royalty revenue from Terumo next FY will be huge. This is because NOBORI will get Japan market approval next year. Im sure BIG can survive thru this global financial crisis. I think we have to differentiate BIG with the S-shares. I believe a lot of S-share companies here cook their books. How can some china companies report very strong earnings and not able to meet short term debt obligations? Becareful of china companies that raised even more cash after their IPO. Because they need to raise more money, they have a tendency to cook their books to churn out a beautiful set of accounting figures even after IPO. Watch out for those high debt level china companies or those that has been raising money from capital markets. Their PE is low single digit for a reason. After they raised the money, the money will be "milked" out to their bosses own pocket. How to trust a chinaman with hundreds of millions of cash?

 

bengster68      ( Date: 23-Oct-2008 23:19) Posted: Im not betterfata. Q3 results shd be mid-Nov and i "heard" biomatrix sales is around US$10m. I didn't urge people to buy at 80cts at around 01/04/08 when BIG shionged. Forumer Okiedokie said he heard rumour its something about the Japs but i warned forumers be careful when buying on such market rumours as it is dangerous. I did urge people to buy somewhere early May 2008 when BIG was around 70cts. Somewhere around end of May it did shot up to 78cts. In mid-July i did urge people to buy at around 48cts and BIG shot up to 68cts in early Aug. In late Aug when BIG was 52cts, i urged people to buy because LEADERS results coming out very soon and BIG shot up to 63cts one week later. One month ago when BIG was in the region of around +/- 40cts, a number of people P.M. me asking whether they should sell or hold or buy. I told them if you need $ or don't feel comfortable, better sell. If you can hold, then hold. But if you are thinking of buying, better DON'T buy BIG because BIG's share price was in "fragile" state and it was in a very dangerous situation.

 

Bengster thank you, for your reply and clarification.

I did not read your posting one mth ago when you  cautioned 'DON'T buy BIG because BIG's share price was in "fragile" state and it was in a very dangerous situation. '

Pls gave more insight to the above, I noticed this was the first time you post so negatively on BIG. I am heavily invested in BIG, just bought another 7 lots at $0.265 yesterday. I will appreciate your view, thks.

bengster68      ( Date: 23-Oct-2008 23:19) Posted: Im not betterfata. Q3 results shd be mid-Nov and i "heard" biomatrix sales is around US$10m. I didn't urge people to buy at 80cts at around 01/04/08 when BIG shionged. Forumer Okiedokie said he heard rumour its something about the Japs but i warned forumers be careful when buying on such market rumours as it is dangerous. I did urge people to buy somewhere early May 2008 when BIG was around 70cts. Somewhere around end of May it did shot up to 78cts. In mid-July i did urge people to buy at around 48cts and BIG shot up to 68cts in early Aug. In late Aug when BIG was 52cts, i urged people to buy because LEADERS results coming out very soon and BIG shot up to 63cts one week later. One month ago when BIG was in the region of around +/- 40cts, a number of people P.M. me asking whether they should sell or hold or buy. I told them if you need $ or don't feel comfortable, better sell. If you can hold, then hold. But if you are thinking of buying, better DON'T buy BIG because BIG's share price was in "fragile" state and it was in a very dangerous situation.

 

In so may words you are guilty of misleading unwary investors.My only wish is commercial affairs calls you in for a cuppa.

bengster68      ( Date: 23-Oct-2008 23:19) Posted: Im not betterfata. Q3 results shd be mid-Nov and i "heard" biomatrix sales is around US$10m. I didn't urge people to buy at 80cts at around 01/04/08 when BIG shionged. Forumer Okiedokie said he heard rumour its something about the Japs but i warned forumers be careful when buying on such market rumours as it is dangerous. I did urge people to buy somewhere early May 2008 when BIG was around 70cts. Somewhere around end of May it did shot up to 78cts. In mid-July i did urge people to buy at around 48cts and BIG shot up to 68cts in early Aug. In late Aug when BIG was 52cts, i urged people to buy because LEADERS results coming out very soon and BIG shot up to 63cts one week later. One month ago when BIG was in the region of around +/- 40cts, a number of people P.M. me asking whether they should sell or hold or buy. I told them if you need $ or don't feel comfortable, better sell. If you can hold, then hold. But if you are thinking of buying, better DON'T buy BIG because BIG's share price was in "fragile" state and it was in a very dangerous situation.

 

so bro.......with this statment........"better DON'T buy BIG because BIG's share price was in "fragile" state and it was in a very dangerous situation." ......... what the outlook for BIG then?

bengster68      ( Date: 23-Oct-2008 23:19) Posted: Im not betterfata. Q3 results shd be mid-Nov and i "heard" biomatrix sales is around US$10m. I didn't urge people to buy at 80cts at around 01/04/08 when BIG shionged. Forumer Okiedokie said he heard rumour its something about the Japs but i warned forumers be careful when buying on such market rumours as it is dangerous. I did urge people to buy somewhere early May 2008 when BIG was around 70cts. Somewhere around end of May it did shot up to 78cts. In mid-July i did urge people to buy at around 48cts and BIG shot up to 68cts in early Aug. In late Aug when BIG was 52cts, i urged people to buy because LEADERS results coming out very soon and BIG shot up to 63cts one week later. One month ago when BIG was in the region of around +/- 40cts, a number of people P.M. me asking whether they should sell or hold or buy. I told them if you need $ or don't feel comfortable, better sell. If you can hold, then hold. But if you are thinking of buying, better DON'T buy BIG because BIG's share price was in "fragile" state and it was in a very dangerous situation.

 

The Co sales have to be significant enough to cover on-going expansion, clinical trials and R & D. It would not be unreasonable for the Co to be expected to generate revenue of at least 25 mil per quarter given the size of the DES market as well as their presence both in Europe and AP. Not forgetting to mention that their product is ahead of even the top competitors. Perhaps someone could enlighten us. 

 

Im not betterfata. Q3 results shd be mid-Nov and i "heard" biomatrix sales is around US$10m. I didn't urge people to buy at 80cts at around 01/04/08 when BIG shionged. Forumer Okiedokie said he heard rumour its something about the Japs but i warned forumers be careful when buying on such market rumours as it is dangerous. I did urge people to buy somewhere early May 2008 when BIG was around 70cts. Somewhere around end of May it did shot up to 78cts. In mid-July i did urge people to buy at around 48cts and BIG shot up to 68cts in early Aug. In late Aug when BIG was 52cts, i urged people to buy because LEADERS results coming out very soon and BIG shot up to 63cts one week later.

One month ago when BIG was in the region of around +/- 40cts, a number of people P.M. me asking whether they should sell or hold or buy. I told them if you need $ or don't feel comfortable, better sell. If you can hold, then hold. But if you are thinking of buying, better DON'T buy BIG because BIG's share price was in "fragile" state and it was in a very dangerous situation.

 

This counter went up slightly when most other stocks trended downward. Hope that the 2Q FY09 result will be good, anyone has any idea when they will announce the 2Q result?

BTW, Bengster seems to have disappeared! What happen to you?

You posted as Ang Tay Kor at CNA, and now there is a Betterfatta whose posting is very much like your style. Are you using another name to post there?

Why using different names to post everywhere? If there is nothing to hide should just use one name!

 

How about your "Another Kep Corp"?

Now the Original  Kep Corp closing at  $4.17

 

 

787180      ( Date: 22-Oct-2008 17:20) Posted: Yeah U urge U"all to buy and he cut his losses liao.... ironside      ( Date: 17-Oct-2008 07:05) Posted: Bengster has given a lot of information on BIG at in forum, I appreciated his effort, thank you Bengster. However, he also gave a lot of his own gut feeling which were not based on fact, example sometime ago, when the price was about 80cents, he kept urging everyone to buy, saying it is a 'lalong now, it will not be at this price.....' I wonder whether Bengster has any ulterior motive in talking as if he was very sure, when in fact it was only his feeling. His very passionate postings here definitely influence many of us reading this forum to buy at 80 cents and hold when there was profit to be made. At this price of 25 cents, many of us lost a lot. I do not blame anyone, I just have to be more careful. Anyway, I have just got another 5 lots at 23 cents yesterday.....cheers :-)

 

Yeah U urge U"all to buy and he cut his losses liao....

ironside      ( Date: 17-Oct-2008 07:05) Posted: Bengster has given a lot of information on BIG at in forum, I appreciated his effort, thank you Bengster. However, he also gave a lot of his own gut feeling which were not based on fact, example sometime ago, when the price was about 80cents, he kept urging everyone to buy, saying it is a 'lalong now, it will not be at this price.....' I wonder whether Bengster has any ulterior motive in talking as if he was very sure, when in fact it was only his feeling. His very passionate postings here definitely influence many of us reading this forum to buy at 80 cents and hold when there was profit to be made. At this price of 25 cents, many of us lost a lot. I do not blame anyone, I just have to be more careful. Anyway, I have just got another 5 lots at 23 cents yesterday.....cheers :-)