Biosensors   

Is Biosensors a good buy?

I share friend spotty161's suspicion of CB Medical Holdings based in Bermuda. What kind of company is that? It is probably another shell company from the People's Republic of China like Shandong Weigao. I have a feeling that all the monkey business is to drive Biosensors' price up. 

 

Once the price hit $1.50, I will sell my 20 lots to CB Medical.  

 

 

 

 

Splendid88      ( Date: 22-Nov-2013 13:52) Posted: Given timing and size of acquisition,   the acquirer is definitely a Difference Maker with capabilities to fully maximise unique assets of Biosensors.         spotty161      ( Date: 22-Nov-2013 13:08) Posted: hmmm. the purchaser, CB medical holdings ltd, wonder what kind of company is that, the description in Biosensor's announcement was only 1 line long. any red flags?

 

That is indeed good news..hope can cross $1,despite no more daily buy back hope Biosensor can did outperform in price..waiting to take profit for bal shares

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Octavia      ( Date: 22-Nov-2013 09:34) Posted: Fresh out this morning. Majority shareholder Shandong Weigao has agreed to dispose its entire 21.7% stake in Biosensors to CB Medical Holdings for US$312.3m. This transaction values Biosensors at $1.05 per share, a premium of 12% to its last closing price. Source:Maybank KE.

 

- including the more than usd 500 million cash on the balance sheet.

 

just touched $0.97. but rally likely  not sustainable until further concrete announcement within next 3 days =]. in the meantime, I maintain my hold position, keeping my biosensors shares in which I scooped at 88 cents =]

 

Given timing and size of acquisition,   the acquirer is definitely a Difference Maker with capabilities to fully maximise unique assets of Biosensors.  

 

 

 

spotty161      ( Date: 22-Nov-2013 13:08) Posted: hmmm. the purchaser, CB medical holdings ltd, wonder what kind of company is that, the description in Biosensor's announcement was only 1 line long. any red flags?

 

biosensors shortists tengkor

 

pros and cons to announcement: price of $1.05 compared to current price may mean that CB medical sees value in the stock at current levels. however, Shandong Weigao does not. I guess stock price would probably stagnate or run bullish in the coming weeks, unlikely to fall. just my 2cents worth.

 

hmmm. the purchaser, CB medical holdings ltd, wonder what kind of company is that, the description in Biosensor's announcement was only 1 line long. any red flags?

 

no wonder share price went up

 

curious what the impact of this will be on bio's price

 

Good riddance to bad rubbish.  Will Biosensors get rid of the underperforming management and change the board members?

Octavia      ( Date: 22-Nov-2013 09:34) Posted: Fresh out this morning. Majority shareholder Shandong Weigao has agreed to dispose its entire 21.7% stake in Biosensors to CB Medical Holdings for US$312.3m. This transaction values Biosensors at $1.05 per share, a premium of 12% to its last closing price. Source:Maybank KE.

 

Fresh out this morning. Majority shareholder Shandong Weigao has agreed to dispose its entire 21.7% stake in Biosensors to CB Medical Holdings for US$312.3m. This transaction values Biosensors at $1.05 per share, a premium of 12% to its last closing price. Source:Maybank KE.

 

Bro Yiming2000..sold off 50 lots at 93.5-94 this morning shd hve taken profiy ytday at 95cts,, always easier to say on hindsightbut many died from failing to take ..got about $3000 profit the 100 lots bought at about $1 still holding..as I always say nobody died from taking profits but many died from failing to take profits..quite scary nowadays up a few signs many start to take profits...hope Biosensor can cross $1

yiming2000      ( Date: 21-Nov-2013 01:27) Posted:     Friend starlene, did you dump all your 150 lots at 0.95 already? You break even and got out with no losses? Wah, I am happy for you but I am all alone now in fear. It's a long climb back to 1.50. I am now down $10,700 on y 20 lots bought at 1.48. Thanks to the smart analyst in OCBC.     Anybody out there still vested like me? Looks like I am the only one now.

 

On its disappointing results released 12 Nov, it prompted a fresh round of target price downgrades by analysts, as management revised downward its previous guidance of 15% top line growth, and now anticipates overall revenue growth to be ?moderately positive? over FY13. Market watchers note that Biosensors continues to face challenges in China amid product ASP cuts and an on-going anti-corruption campaign, and intense competitive pressures in Japan.

 

 

  Friend starlene, did you dump all your 150 lots at 0.95 already? You break even and got out with no losses? Wah, I am happy for you but I am all alone now in fear. It's a long climb back to 1.50. I am now down $10,700 on y 20 lots bought at 1.48. Thanks to the smart analyst in OCBC.



 

 

Anybody out there still vested like me? Looks like I am the only one now.

 

biosensors doctor lin jin por giu pain pain no more

 

I think CFD is internal system managed by the broking house. So tomorrow price will drop? Or buy up to kill the shortist?

 

whats the implication on bio?

starlene      ( Date: 20-Nov-2013 21:05) Posted: Short Sell Executed on November 20, 2013 Security ShortSaleVolume Curr ShortSaleValue $ Albedo 549000 SGD 18117 $ CCM Group 50000 SGD 8290 $ Charisma Energy 2000000 SGD 114000 $ Jubilee 10000 SGD 1580 $ KLW 500000 SGD 16000 $ Ntegrator 20000 SGD 1000 $ Rex Intl 947000 SGD 567840 $ Sky One 720000 SGD 99355 $ Tritech 35000 SGD 12975 $ Vallianz 201000 SGD 16781 $ Viking 2106000 SGD 260294 Ace Achieve 100000 SGD 3600 AscendasHT 68000 SGD 50860 Ascendasreit 1440000 SGD 3288170 AscottREIT 920000 SGD 1102645 Asian Pay TV Tr 107000 SGD 82390 Asiasons 250000 SGD 35750 AusGroup 76000 SGD 20885 Biosensors 1140000 SGD 1049675..more than 1 mil short sell on Biosensor today..?,wonder does it include shorts using cfd

 

Short Sell Executed on November 20, 2013

Security ShortSaleVolume Curr ShortSaleValue
$ Albedo 549000 SGD 18117
$ CCM Group 50000 SGD 8290
$ Charisma Energy 2000000 SGD 114000
$ Jubilee 10000 SGD 1580
$ KLW 500000 SGD 16000
$ Ntegrator 20000 SGD 1000
$ Rex Intl 947000 SGD 567840
$ Sky One 720000 SGD 99355
$ Tritech 35000 SGD 12975
$ Vallianz 201000 SGD 16781
$ Viking 2106000 SGD 260294
Ace Achieve 100000 SGD 3600
AscendasHT 68000 SGD 50860
Ascendasreit 1440000 SGD 3288170
AscottREIT 920000 SGD 1102645
Asian Pay TV Tr 107000 SGD 82390
Asiasons 250000 SGD 35750
AusGroup 76000 SGD 20885
Biosensors 1140000 SGD 1049675..more than 1 mil short sell on Biosensor today..?,wonder does it include shorts using cfd

 

Thanks Yiming.." .went in bought 100lots Biosensor 0.995-1.00..presto thinking it may cross and yes after I bought it crossed..wish all huat again..I short term for Biosensor...since it was once my winning counter..HUAT Ah to ALL' my loss reduced to about $5000 hope can make $$$ and U too as Biosensor was once my winning counter.

 

I was lucky to add   another 50 lots 0.855-0.87 on 14 Nov so now I manage a net gain position..regret no guts shd have bought another 100 lots of Biosensor instead..easier to say on hindsight

 

My Rex suffered some losses based on recent plunge to 54cts but will keep till make $$$ as I have made a few rounds..trust me Rex can make good money..so far Hankore,YHM and the trios lucky to have made some $$$...Chinafish,GPHotel and Maxicash(sold at 44-45cts ex-bonus) I cut with some losses especially the latter after ex-bonus lucky if not maxi-cash now 37cts ..I thick shares don't look healthy esp S'pore shares...Dow went up never really follow but the moment Dow crash..u know what happens...best wishes to all of u ...trade with care

yiming2000      ( Date: 20-Nov-2013 11:30) Posted: Friend starlene, you always say: " Nobody gets hurt taking profits." I pray to Kuan Yin you stay with me until I get my money back when Biosensors stock price gets back to $1.50 and you get to take $50,000 profit!  But I think you will cut loss at -$5000 and dump your 100 lots when price creep back up to 0.95.  starlene      ( Date: 19-Nov-2013 16:35) Posted: Yes bought high 100 lots of Biosensor..about $10k loss now..danytan notice u buy a lot of other stocks too..becareful got profits must take otherwise can regret...