Biosensors   

Is Biosensors a good buy?

wah, lucky nature called (toilet break... hee hee) during final minutes, almost bought in. hopefully got chance to get below 0.8 tomorrow as what Arbitrager says. 

alamak, the BIG PR dept only realized their boo boo at end of day. what man!!!

bengster! can you submit your job application to BIG already!?! you can use this whole thread as your resume and we shareholders will all sign as your references. hehe

 

ANNOUNCEMENT
BIOSENSORS INTERNATIONAL GROUP, LTD.
(Incorporated in Bermuda)
(Company Registration Number: EC 24983)
Biosensors International Group, Ltd refers to its press release entitled ?Biosensors Announces
Start of Enrollment in BEACON II Drug-Eluting Stent Registry? that was issued this morning.
Due to a technical error, part of the information in the last paragraph of the press release was
truncated during the electronic transmission. For clarity, the information in the last
paragraph of the press release is repeated in its entirety below.
?Biosensors announced the clinical results of BEACON at the Transcatheter Cardiovascular
Therapeutics 2007 (?TCT?) conference, held in Washington D.C., US in October 2007 that
showed BioMatrix demonstrated safety and effectiveness based on the 12-month data that
reported a 2.1 percent rate of target vessel revascularization and 6.5 percent Major Adverse
Cardiac Events (?MACE?) over a 360-day period.?
We regret any inconvenience caused.
By Order of the Board
Kevin R Sayer
Company Secretary
3 March 2008

 

http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/8a94c410cbe2ab954825740100356c00?OpenDocument

 

oh no...technically speaking...Biosensors has just broken not only the support of $0.815...it also broke the 200MA which is seems really like an impt point...

look at the "Time & Sales" ...there was a gap down at the closing minutes! from $0.815 at 4.59pm...it had a married deal of $0.805 at 5.05pm.... this certainly don't look good at all...

 

Dun stand to near this stock.

 

 

Well like i mentioned eariler.. this stock is actively traded by short-term traders.. no interest from long term BBs. seems like traders are getting sick of this counter.. well fret not.. this counter is still well-liked by retails.. I am sure we have quite a handful of ardent supporters here.

good luck for those vested.. more bargain hunting for those who want to hold BIG in the coming days.

29-Feb-2008 10:47	Biosensors   /   Is Biosensors a good buy?
Arbitrager Member	this counter is died.. how to cheong when no insti interest?? and the news of emloyee share option is no good news at all... its dilutive by nature and its definitely not good news for existing shareholders.. lesser EPS and anyway BIG is not profitable yet.. I dun think it will stay above 80c

 

close at day low...

 

So i guess many ardent BIG supporters must be very happy today as they can accumulate more at the low.. Dun use up ur bullets as u can get it at cheaper below 80c soon...

caveat emptor applies..

BUY/Sell after doing ur own research.

 

currently supported by the 200MA 

 

"SAI" stock---------------

 

Bengster San, thank you for the explanation.

 

Thank You for the clear explanation

 

BEACON 2 is a reasonably large trial that will carry more weight (1,000 patient). "Start enrollment" means the day that start to implant the DES on the volunteers under this trial. "Finish enrollment" means date the of last patient implant. Eg: If they say they start enrollment on 01/03/2008, it means under this trial the first patient implant was performed on 01/03/2008. Let say they implant on approx. 300 patients per month. That means the whole trial enrollment period is approx 3.5 months. If the last patient was implanted on 15/05/2008, that date will be the "enrollment completion date". One patient may receive more than one DES when the situation requires so do not be surprised when they implanted a total of 1,200 DESs on 1,000 volunteer patients. They will take periodic end-point measurements at 1 month, 3 months, 6 months , 9 months , 12 months, 24 months, 36 months, 48 months and 60 months. Trials normally last 5 years. But traditionally at 9 months, the performance of the DES can roughly be determined (except for late-thrombosis blood-clot cases which will occur after 6 months). The BEACON trial is more tough becos its targeted on more severe cases (the more jia lat type of patients) so do not expect results to be better than other Biomatrix trials you have seen. It is normal to have slightly weaker performance data in such trials because the patients are really the more jialat case.   

 

Dear Bengster San

What will the start of "Start of Enrollment in BEACON II Drug-Eluting Stent Registry" mean for BIG?

SM

 

Hi, most of us would agree that Bengster is already the de facto PR for BIG.  He has done a good job by generating so much interest and knowledge for us about BIG and the DES industry. Keep it up ..Beng arh.

 

u right bro... bengster.... can do a better job then their PR guy.....

 

yup, DOW got no direct effect but got indirect effect i.e. more stressed-out people in the months/years to come due to market volatility, high inflation, high food prices, high oil prices = more business for BIG. not meaning to wish ill upon anybody but i think those are going to become facts of life.

hey, the BEACON II news release got errors, cut off halfway and the first passage on last page not connected to the rest of the news. what is this man? must reprimand the PR people for bungling such important news. i suggest BIG engage bengster as their PR man and give him some share options, sure worth it as he will boost BIG investor confidence to all time high. he he

 

Great news;

 

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_D269372684C69A1D482574000081D151/$file/Press_Release_BEACON_II_DES_Registry.pdf?openelement

 

 

What to do when Dow don't behave? Actually USA recession has very very remote effect on BIG's actual company's performance/operations but the share price may be affected by negative market sentiment. Don't bother too much about D.Bank's warrant strike price of 86cts expiring 23/06/2008. It is still 12 weeks away and the warrant will definitely be "in-the-money". No doubt about it fellow forumers. But not worth buying warrants. If want to buy,  get the mother share. Not point paying for the warrant premium (current warrant price).  

 

The US market is down on Friday quite significantly and I guess BIG will be affected.........Sigh...........Really wonder how BIG will perform next week.........

 

i think "buy up" is a concept for short-term traders. those who realize BIG's potential should be focused on "buying in" at whatever price is comfortable to them. this is where the shortists come in handy to sell down (and assume the risk of losing their pants) so that we can buy in at an attractive price (which currently can be generally considered to be 0.855). so noble of them!  *clap*  *clap*

i already have a reasonable number of lots so just looking at adding to it with my extra funds every month. even a handful of lots every month will eventually add up to quite a bit, the broker fees are really quite negligible.

as for the warrants vs options, i think an invisible battle line has been drawn. for short-term traders, you can try to ride the fickle winds of fortune. for long-term investors, you know who will eventually win the war, just dig your trenches and prepare for slaughter.  :)