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Is Biosensors a good buy?

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Younglady
    22-Jan-2008 12:16  
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Not true. Depend on how much u need the money in near future, and how far u plan. If u need liquid cash for the year, think better cut losses before it gets too deep.If the money in stock is what u can lost by all means wait as long for it to rebound as it will takes time.
 
 
ekekeg
    22-Jan-2008 12:11  
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Hi everyone,

Don't fret.  Losing in stock market is part of risk taking.  Maybe we took too much risk.  The market is eating up our money in this period of time.  This is a bad time.  Don't buy anymore and don't sell what you have in order to lose.  One fine day your money will be returned to you.  If your luck and my luck combined together are good it may a short while, otherwise probably a few years as the market will probably tank and tank.  We can't sell to take huge losses since we cannot predict how sudden the market will turn back.  In the meantime treat your losing investments as long term deposit and if there got dividend good, if not never mind, just wait it out.

Cheer up guys.
 
 
Younglady
    22-Jan-2008 12:06  
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Y we never hear from bengstar liao???? How come
 

 
Younglady
    22-Jan-2008 12:04  
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how much u lost poppytoyz??? If abit, i suggest u pull out. this down will take a very slow effect. Still have not hit us that badly, will have further damage
 
 
poppy_toyz
    22-Jan-2008 12:00  
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How long is long?

1yr? 2yrs? 3yrs?

I am wondering those how are suffering paper loss...do they cut lost and cash out? Or do they just leave it and hope to see it rise again one day?

For me, since its already lost...might as well let it rise one day....
 
 
Younglady
    22-Jan-2008 11:59  
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so jialet. those who buy gota wait long long to breakeven liao hor.

any dealer or trader here??? i wanna ask abt sth
 

 
allright
    22-Jan-2008 11:55  
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DJ MARKET TALK: Biosensors Extends Fall;Citi Ups Target To S$1.28 (2008/01/22 11:50AM)


0350 GMT [Dow Jones] Biosensors (B20.SG) down 11.1% at S$0.80; now down 23.1% since trading halt lifted following announcement of CE mark approval. Most analysts had expected shares to rise on news, but investors are instead heading for the exit; "it''s a clear case of buy on rumor, sell on news," says trader at local house. Citigroup though raises target price to S$1.28 from S$1.00 to reflect CE mark win, recent buyout of JW Medical; reiterates Buy call. Broker says award of CE mark is "a major breakthrough" as it allows company to sell Biomatrix DES product in Europe, Asia. But adds company will now have to deliver on promises; "we believe share price performance will likely now hinge on the group''s ability to achieve its sales targets." Support tipped at Dec. 19 intraday high of S$0.750. (KIG)

 
Contact us in Singapore. 65 64154 150; 
MarketTalk@dowjones.com 
 


(END) Dow Jones Newswires

January 21, 2008 22:50 ET (03:50 GMT)

Copyright (c) 2008 Dow Jones & Company, Inc.
 
 
jackjames
    22-Jan-2008 11:50  
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to be honest, i also thought after CE approval on friday, i thought i cannot see any price lower than 1.00 anymore... but again, too bad la.. the timing is totally wrong wrong wrong, that's all, only timing is wrong.

so, anyone wants long term, BUY NOW !
 
 
allright
    22-Jan-2008 11:44  
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DJ MARKET TALK: CS Keeps Biosensors At Outperform, Target S$1.30 (2008/01/22 11:31AM)


0331 GMT [Dow Jones] STOCK CALL: Credit Suisse keeps Biosensors (B20.SG) at Outperform with target price unchanged at S$1.30 after company obtains CE MARK (European approval) for BioMatrix drug-eluting stent. "With the CE MARK approval, the company should become once again a target for acquisition and/or major licensing opportunities, in our view." Notes, however, company guided FY09E revenue of US$100 million to US$115 million, below Credit Suisse estimates, street consensus. Says may break even in FY09E ending March 2009, if company cuts costs; notes company currently guiding for slight net loss. Says company should stop preparation for U.S. FDA application for BioMatrix, seek out-licensing opportunities instead, and refocus on Asian stent markets as likely much higher future growth rate than U.S., Europe. "With the recent acquisition of JW Medical in China, the CE MARK approval for BioMatrix, and potential future acquisitions, we believe Biosensors has a small window of opportunity to take a significant market share in the Asian market." Share down 9.4% at S$0.82. (LES)

 
Contact us in Singapore. 65 64154 150; 
MarketTalk@dowjones.com 
 


(END) Dow Jones Newswires

January 21, 2008 22:31 ET (03:31 GMT)

Copyright (c) 2008 Dow Jones & Company, Inc.
 
 
zhenxian
    22-Jan-2008 11:42  
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long term guys.... long term...
 

 
jackjames
    22-Jan-2008 11:39  
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relax.. dude.
 
 
superbad2
    22-Jan-2008 11:24  
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You all dun pretend that you know what is pain. I just lost 11k, and another 9k paper loss. Total I am losing 20k in less than 24 hours. There is no BRIGHT side. so shut the f&uk up.
 
 
cashiertan
    22-Jan-2008 11:18  
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can look at the bright side, the value stocks can get cheaper for u to get, so can buy more soon.
 
 
cashiertan
    22-Jan-2008 11:08  
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take heart guys, even the discipline TA ppl like me also kana abit from this selldown...
 
 
chyekwee
    22-Jan-2008 10:51  
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Hi shahrhi99,

As a friend my advise not to take nasi bryani - take something lighter - nasi bryani a lot of fatty food

increase incidence of heart disease.
 

 
cashiertan
    22-Jan-2008 10:41  
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all i can say is take care and moved on there is still chances to make back..
 
 
cashiertan
    22-Jan-2008 10:39  
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to be fair, dun blame the BIG, if u contra, that us part of the risk. if u buy with cash, at most hold.

i have areadi mentioned earlier in this thread to have proper s/l set. those who have taken profit. good for you. i guess it will be a good lesson learned for those who have taken profit and those who have not.

a proper money mgmt is to protect this kind of situations from happening.
 
 
allright
    22-Jan-2008 09:50  
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Thanks dcang84, you are right. Have faith and no blame game. I am vested for the long haul. Glad to note cwan posted DB's buy call at $1.40 target. They have a call warrant at .85 right? So they are quite objective and they again mentioned Bios as a takeover target which the CEO did not rule out. So hang in there . Wonder why DJ wire only choose to highlight the negative and quote silly comments from an unnamed local house investor and note quote or report on the positive analyst reports.
 
 
shahrhi99
    22-Jan-2008 09:45  
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lesson learned albeit a painful one...today i would treat myself with a nice nasi briyani jus to ease the pain temporarily
 
 
myopia
    22-Jan-2008 09:43  
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DUNNO HOW JWMS IS GOING TO FEEL?

I NOE I'M FEELING SURPRISED.

I ALSO DIDN'T EXPECT IT TO COME DOWN SO MUCH.
 
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