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CB medicals is eyeing Biosensors world wide distribution networks and also when Biosensors launch new products next month it with boost share price to next levels. $1.05 could be a good price for CB to own Biosensors.
Markie ( Date: 23-Nov-2013 00:45) Posted:
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I doubt anyone would know. Even ST explains the buyer as a company incorporated in Bermuda =O
I'm getting skeptical
I'm getting skeptical
junction ( Date: 23-Nov-2013 10:40) Posted:
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Anyone with knowledge of CB Medicals, please post in this forum
Markie ( Date: 23-Nov-2013 00:45) Posted:
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I guess knowing the nature of CB medical holdings will alter my decision to keep or drop. If this holding company has affiliations to major global medical MNCs or sovereign wealth funds, or reputable global equity and asset management funds, I will keep.
If it is just another ordinary company, I.e not a strong reputable shareholder, I will take profit on further upside.
I await more clarity from biosensors regarding the nature of CB medical holdings before deciding on the outcome. Cheers
If it is just another ordinary company, I.e not a strong reputable shareholder, I will take profit on further upside.
I await more clarity from biosensors regarding the nature of CB medical holdings before deciding on the outcome. Cheers
Friend starlene, you have already made some money on your 50 lots. Now at 0.98 stock price, your losses on the last 100 lots are down to $2000. Are you waiting to make more money as price moves up to $1.05 or even $1.15 due to bullishness caused by CB Medical's takeover of 25% stake in Biosensors? I want to watch your trading technique. I am still down $10,000.
I think I will follow you and take loss of $6,600 when you sell out at $1.15.
The aggregate Purchase Price of US$312,283,973.44 (equivalent to approximately
HK$2,420.8 million) was determined between the parties after arm?s length negotiations
having considered the prospect and future of Biosensors. The Purchase Price of S$1.05 per
Sale Share represents a premium of approximately 11.7% to the closing price of S$0.94 per
share of Biosensors as quoted on the SGX on 21 November 2013.
The aggregate Purchase Price of US$312,283,973.44 (equivalent to approximately
HK$2,420.8 million) will be settled in cash on the Completion Date.
Theoretical share price should head to $1.05 if not higher
starlene ( Date: 22-Nov-2013 21:16) Posted:
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Very very starting b part was about 77 but a few years later they bought the chunk at $1.21 hence the net loss b on disposal of biosensor to this state own co CB Medical
Shangdong Weigao said it estimated 449 million yuan (US$73.69 million) loss from the disposal, while the proceed would be used to strengthen its principal businesses in medical consumables, blood purification and orthopedic products.
Sealteam6 ( Date: 22-Nov-2013 18:58) Posted:
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best to take profits first dyodd
No, Wei GAO is selling at a loss
starlene ( Date: 22-Nov-2013 16:06) Posted:
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The disposal is expected sooner or later, bcos stents is a volume biz now rather than a margin biz. Margins will continue to get eroded. Next will b hony investment, c when will thy oso pare dn this investment.
today shortists kena jialat jialat by doctor's house call...backsides peck chiak...pain pain
If i not wrong this Shandong Dong Weigao got its majority shares placment at 77cts about many years ago ..I may be wrong
junction ( Date: 22-Nov-2013 10:05) Posted:
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Hope the news can sustain Biosensor on the uptrend and in fact it was indeed over sold all the way from 1.30 plus down to about 80cts despite the daily buybacks and also some funds had already sold...recalled last year Nov-Dec $1.08-1.12 I bought and sold along the way..last year was first time Biosensor institute its daily buy back..if can cross $1.05 may let my profit ride but now smarter if dropped below 95cts will cut
Markie ( Date: 22-Nov-2013 15:57) Posted:
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$1.05 is actually gd value for bio. can hold first.
what's your take if it goes beyond $1.05?
1) position and keep biosensors share, like CB Medical Holdings.
2) take profit. Highly unlikely to be the next Raffles Medical.
starlene ( Date: 22-Nov-2013 15:49) Posted:
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Swee...hope next few days head even higher..waiting to get out with good profit ..ideally cross $1 today another 1 hr 10 mins to go b4 trading ends
Markie ( Date: 22-Nov-2013 15:21) Posted:
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probably $1 is attainable. at 99 cents alr.
indeed..
Peter_Pan ( Date: 21-Nov-2013 00:11) Posted:
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