Biosensors   

Is Biosensors a good buy?

I have done my findings and i can tell you this stock is undervalued. The story begin after CE mark. CFO forecast of 100 to 115m revenue for FY09 is far too conservative. If you have the money, buy now!

 

Just like GenInt, buy only when good time is near, 2010. Likewise, for BIG, good time is before mid 2009. When before mid 2009, sense the market from now. Definitely not to buy now, be vigillant. Cheers.

 

Sorry, I meant:

If you have previously invested in technologically advanced small medical device companies that depend of intangible assets like patents, proprietary IPs and proven clinical results to make money, you would have sort of "able to guess" some of these "trump cards" after regulatory approvals. The "trump cards" will start appearing only after CE approval. Im just wondering is it because there are no other such "unique case" company like BIG in Singapore Exchange and that is why the analysts missed them out totally? But they have their USA or European research team that the locals analysts can always refer to when in doubt or what are the things to watch for such category of stocks when writing their own research analysis.       

 

I have the answers and full detailed analysis on how i derive this figure but i will not say it here yet. I know it may sound very ridiculous at this moment but im very confident this PE will be met. To make things more interesting and convincing, BIG will show you one of the "trump cards" sooner or later on what CE approval can really do to BIG. Thereafter, i will eleborate my full net profit forecast analysis. I assure you it is not those "ridiculous" assumption in-my-own-world sort of calculation but after very careful consideration on all many aspects affecting the net profit forecast.

BIG is a small but technologically advanced medical device player, while JNJ/MDT/ABT are blue chip MNCs  in drug/medical device industry. For stable blue chip's net profit and PE, i advise you to follow the analysts' reports. Most of them should be very far off and hover at around 20 to 25 times. But BIG has so many "trump cards" that analysts did not cover and that is why i feel their net profit forecast has very limited meaning. If you have not invested in such small medical device companies, you would sort of able to guess these "trump cards" after regulatory approvals. The "trump cards" will start appearing only after CE approval. I got so much more things to share about BIG but sigh.............     

 

Pls don't use the word funeral lah and don't quarrel.

787180      ( Date: 20-Mar-2008 18:07) Posted: Don't use double the price from ab 70cts to $1.40 within ab 3 months period to tempt innocent lambs to be slaughtered again just because U're heavily vested is yr own fumeral

 

It's really interesting to observe that when the price dips really low, there is one camp of people who comes in so often to shout .."see I told you so.., you guys should have sold when I told you to.. TP 55c... blah!, blah! blah!.." akin to mosquitoes appearing on hot days. And when the price is up, these guys are so shy like virgins..

 

<Quote from bengster> ?My most recent buy call was at 70cts. Double the share price will be $1.40. I dare to make this bold buy call now, I am confident it will hit this target. If anytime before 13 June 2008 (3 months) this stock do not hit $1.40, I shall stop postings in all BIG forums permenantly. ?

 

 

Bengster, I wish that you had not made the above challenge to yourself. Personally, I think it?s really difficult to reach 1.40 under the current market sentiments?and I would not want to see you stop posting. You have been doing an excellent job of providing very objective comments, analysis, rebuttals, etc. Same as a few of the forumers who have offered their TAs and FAs. I think, most investors reading this forum (I hope) are intelligent enough to see if these comments are credible and make a judgment for themselves.

 

I would like to ask a question ?

 

Based on elfinchilde?s analysis, he used a forward PE of 4X to justify a price of 70cents. Is this a reasonable value to use? Why 4X? Is it because the company has not made any real profit yet from their main product..? I checked PEs for Medtronic, Abbott, JNJ, BSX, which have PEs of 25.0, 19.6, 15.8 and 30.3, respectively. I know it is not a fair comparison since some of these companies have revenues from other products besides DES. But please do comment..

 

Lelong Lelong ikea on sales now buy while it is still cheap..

 

 

Hey people, relax lah. there are ladies around.

 

At least bengster68 dare to commit, 787180 what about you? If big don't drop by half 0.35 by then you leave? I doubt you got ball to commit. Don't talk cock here lah!

 

787180, you are not any better too, so, keep your mouth shut also..

why you don't post comments on your sinostar, mark your own words, where is $ 1? I only see $0.10 soon.. i despise you man....

 

Don't use double the price from ab 70cts to $1.40 within ab 3 months period to tempt innocent lambs to be slaughtered again just because U're heavily vested is yr own fumeral

 

Bengster how many times U want the mkt to prove U wrong? I will mark yr words by June 30 2008 if BIG faied to hit $1.40 U'll drop from this forum completely.Note yr 2007 Aug of $1.22 has never been reached for whole of 2007

 

Sinostar today closing $0.22 

 

Jade from15 to 20cts I already call for buy and when Sinostar was first listed 55 to 60cts many would hve bought and yes henit crossed 96cts we already sold including many forummers even at 90cts I still buy and once crossed 2cts difference we've already sold as we bought in big amounts so don't quote out of context....but yr BIG TP $2 to $3 and last year assure sure hit $1.25 by Aug 2007 andBIG never even got near there.At least I not like U secretly sold together with all your Kahkis as mentioned in CNA forum,so don't pull wool over pple's eyes and I believe there are some here yr cronies but under different names,right...yr credibility has been dented..but we'll leave to mkt to decide but yr call since 2005 for buy on BIG was a great flop

 

The stock price of BIG now is on very deep discount. We cannot compare current stock price to before CE approval, before China JWMS acquisition and before NOBORI 1 phase 2 RCT results. The fundamentals of this company has changed dramatically. At current prices, Mr Market is very moody and offering you grossly discounted BIG shares. Buying now will not be a mistake. I said before many times never chase a soaring stock. Buy big now when its on super deep discount and 180 degrees change in this company's fundamentals. So what kind of mistakes am i committing now compared to you playing up and urging forumers to buy sinostar at 90cts? If you have eaten humble pie for your 90cts Sinostar super strong buy call, you would have apologised to forumers publicly. At least when i made one wrong buy call previously at 83cts in Aug 2007, i apologised. BIG's share price did recovered to almost $1 in end Oct 2007 and above $1 in Jan 2008, offering those whom have followed my buy call on Aug 2007 at 83cts an opportunity to sell-off for a neat profit. Sinostar never had a chance to recover from your 90cts buy call and straight down all the way. FYI Sinostar is 22cts now. That is from 90cts all the way to 22 cts. Don't come and mock me with such track record of yours please. What i have been doing here is highlighting the potential of this company since it is so misunderstood by investors/analysts. 3 months later it will double and all those vested will appreciate my buy call now. My most recent buy call was at 70cts. Double the share price will be $1.40. I dare to make this bold buy call now, I am confident it will hit this target. If anytime before 13 June 2008 (3 months) this stock do not hit $1.40, I shall stop postings in all BIG forums permenantly. No other nicks. Within 3 months you will see the real power of BIG with CE Mark and BIG's real global potential. It will be very shocking how come BIG was so undervalued for so long right under our nose.   

 

Normal accounting type of profit forecast method like the ones used by all the analysts covering BIG will not be able to provide BIG's net profit forecast after CE approval.

Remember my this sentence dcang84. Biosensors will prove you dead wrong. Mark my words. ..from Bengster...in fact Bengster mkt has proven U wrong since 2005..why harp on BIG....and get pple into supporting BIG where the long wait is time and opportunity cost...U may want to come up with my previous call buy on Jade,Sinostar,etc but I've learn't to accept my mistakes and take profits or cut loss to ultimately making a net gain.I admit it is very difficult to admit one's mistakes but U shd learn to eat humble pies and wait for next opportunity.No offence meant but I also pity the many who went in and got stuck due to yr strong and impressive persuasions..U score an A for that and being a PR for BIG

 

A02041315 talk BIG and therefore staunch supporter of BIG..now how...die standing...where is yr BMW or proton saga now...so mkt proven right..no offence meant...everyone get a chance to be proven right ultimately..most impt is that whether U buy or sell must make $$$ 

 

Tks for all sifus talk much on this BIG which I was the obedient trader, die die don't throw one. Hope I can see light soon. Good buy if price below 0.60. Cheers.

 

I suggest we drink some kopi and smoke some rokok also   

 

we are all guilty of being a koyok seller ma. when we buy koyok, we want our koyok to be selling at higher price ma, so we can buy more koyok ma.


on the other hand, when we sell koyok, we want to sell at muchmuch lower price, so we can buy and earn more at lower price right.

so when you buy more, you naturally shout more lor...haha..

there are so many koyok around, and so many koyok seller, not short of this one...

relax a bit la...drink some coffee, drink some wine...buy a little koyok or sell a little koyok...or you can watch ppl exchange koyok.