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Is Biosensors a good buy?

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huatah
    16-Jan-2008 15:48  
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cashiertan.. u r rite.. my naughty finger had keyed de order tis morning... then went out.. received sms to indicated tat today i locked on 0.98 and 0.96.. came back office and release.. it hit 0.945.. but then.. i m fine wif that.. so far.. so good.. still believe in CE obtainable month end..

The T+4 and perhaps T+5 could really cos de share to fluctuate today.

Tks for your pointer..

Cheers..
 
 
almostthere
    16-Jan-2008 15:36  
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Jan 10 close at 0.975 with volume of 40.399 million.  If we consider contra trade and on basis of T+4, today could be the settlement.  Hopefully, this is the current cause but seem well supported at 0.95 (at the moment).
 
 
cashiertan
    16-Jan-2008 15:29  
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support is at 95 , 89.5, 85, 80 
 

 
cashiertan
    16-Jan-2008 15:26  
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Huatah, suggest u better take control your trigger happy fingers, i saw ur entry this morning, hope that this counter will bounce or it may be quite ugly. it seem T+5 or later starting from 15 jan will be a better entry day.

Distribution increase with support at trend support of 95c which it bounced off just now. once close below it, may see it dip to 85c region. This is purely TA w/o taking into consideration abt the CE and news.
 
 
almostthere
    16-Jan-2008 15:02  
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Thanks AK Francis.  I hope you mean the end of the current 'Lunar' New Year.  It will be interesting to see what happen if no announcement is made by end-January 2008.  I fear the worse as I feel the current price is holding only because of the impending announcement.  Unfortunately, we are in the midst of very negative market conditions in general.  Still I truly hope that we can have a early ang pow.  Cheers
 
 
cashiertan
    16-Jan-2008 12:20  
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i will keep out at the moment. got some distribtion detected and i dun enter on negative or red.. i prefer it to run 1st..
 

 
wahlau_eh
    16-Jan-2008 12:19  
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Hehe.. Francis... you'll be surprised the CE will come much earlier. Next week? That's my bet
 
 
AK_Francis
    16-Jan-2008 12:12  
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Tends to agree with CW on BIG low price margin. Also hope the CE announcement comes early, before end of the yr. Cheers.
 
 
bengster68
    16-Jan-2008 10:56  
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I think after CE announcement, BIG will make several announcements on distributorship agreements with various medical device companies/distributors. Such agreements normally includes a lump sum deposit, guarantee target sales volume each year for 208, 2009, 2010, etc. CE standards means can sell in over 50 countries (Europe and Asia).
 
 
CWQuah
    16-Jan-2008 10:36  
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My guess is hopefully the CE announcement could  be around early next week, or just before rate cut announcements.

I would however be watchful if the announcement comes out on this Fri. I'm still expecting some major move for STI.

Then again, Biosensors could still just perform like how it's been doing the past few days. Can totally forget abt buying below 97.5c.
 

 
huatah
    16-Jan-2008 10:15  
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Hi almostthere.. me managed to secure some lots at opening today.. heehee.. pretty hapi now..

Indeed.. lots of pharma coy eyein on tis now.. with 11 days more to go.. accumulation is currently undergoin.. Wif no further queries from panel.. it should bag as per advise by de management.

de cheong will come.. once de HALT announced.. as for justified px.. IMO.. S$1.25 should b achieveable. Also.. it depends on wat part 2 consists of and when it announced too..

Havin painted a beautiful pic.. one hv to b veri cautious if CE didn't manage to secure tis mth (in which IMO, i dun tink so), share px will definitely plunge.. and veri fast.. I or some long time BIG fans had witnessed how tis counter can react.

Let's just cross our fingers and even legs.. haha..

Anyway.. tis is de first time tat de management announced something on CE.. so.. i definitely given them all the benefits of doubts. and moreover, all de big shots in BIG is in town.. dun play play nei.. lol..
 
 
almostthere
    16-Jan-2008 09:14  
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Good morning huatah.  Buy below $1. and I have done so.  My horoscope says that today is good day for making gains on investment.  Hoping......... I feel that Biosensor has become a 'situation' stock based on expectations that are well formulated and debated.  Dow is down but the support for Bio seem rather strong.  Many of us feel that CE is a timing formality - 11 more trading days to month end.  One question I am asking myself is - when CE is announced what would the price of Bio be at??  My personal thoughts is $1.20 to $1.30.  Hope we all get a early CNY angpow.  Cheers
 
 
huatah
    16-Jan-2008 06:48  
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tks cashiertan,

DJ closed  -277.04. de opening might b slightly lower but if divergence doesn't occur, it will recover pretty fast.

Hope to secure some more lots below $1...

Cheers

 
 
 
cashiertan
    16-Jan-2008 02:14  
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Huatah,

By right, based on my TA, the ideal price to enter is around 97.5c region and tomolo BIG should be having a breakout. however by left u see DOW's performance tonite, surely will affect the market tomolo. sell if it cant break the recent high as i spotted divergences in the TA of BIG chart. however this divergence can be broken if BIG do well tomolo.

Dear All,

Lets get rid the demon of P and make BIG go to new high. Thou i did not enter BIG currently due to i miss my ideal price, i will still support you guys at the side and wait for good time to enter again.
 
 
Maxximo
    15-Jan-2008 23:50  
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Is show hand time soon ....

Earlier, someone mention about double top formation which i personally think that chances of happening is very slim unless CE is not here ( touchwood ).

By the way, if you look at the chart from a wider angle, it look like a double bottom reversal pattern ( from mid June till now ). Hopefully so. Then BIG is going to cheong real "BIG" time very soon. This is what i think will happen as all the current developement is very encouraging and with CE coming along(if) then it will be invincible. And if that happen, the TA price objective will be at around $1.30 (coincidentally it matches some analysts T.P.) Anyway, this stock is very voilatile to do TA .... ha ha ha

Above is my personal estimation only. Not an inducement to trade.

Just like most forumers here, Me also vested too. So hoping to get a big Ang Pow from BIG ... which i think soon liao...

Halt Halt Halt ........ CE CE CE .... waiting clearance at johor chk point ... just few steps away.....

 

 

 

 

 
 

 
novena_33
    15-Jan-2008 22:00  
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looking at how BIG move today..with such STI background, CTO selling did not have major impact, good new by end of the month and few large transcation done at a $0.99 to $1...

look like more upside......  cheong......BIG

 

just my views, not asking u to buy or sell
 
 
cwwan1
    15-Jan-2008 20:40  
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No chance to log on the stock mkt movement today.Suprise to see the bio hold on so well compare to the whole mkt sentiment. The days of roller coaster are over. BIO cheong!
 
 
bengster68
    15-Jan-2008 19:54  
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From what i know..... don't have such patent. There are 2 schools of fully biodegredable stent in this industry now. One is using magnesium, the other using 100% biodegredable polymer without any metal strut. BIG's patent covers the second school using biodegredable polymer.
 
 
Tan-All-In
    15-Jan-2008 16:36  
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Is there any med company holding the patent for the "any limus on fully biodegradable stent".

 

 
 
 
XiaoMaGe888
    15-Jan-2008 15:47  
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Last call,before TRADING HALT!!!!!!!Ring!Ring!Ring!

SmileySmiley



SmileySmileySmiley CHEER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Smiley
 
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