Latest Forum Topics / Biosensors | Post Reply |
Is Biosensors a good buy?
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Pension
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19-Jul-2007 14:56
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moving upward. | ||||
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bengster
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18-Jul-2007 00:36
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Bengster wrote: JNJ's stent sales last quater about US$852m. If we multiply be 4, that gives them annual sales of about almost US$3.5B. Its declining fast and if they don't make another good acquisition, Cordis is basically finished. Their 2007 stent sales will definitely be lower than 2006. But it is still a significant portion of their overall sales and profit generator. Say if stents contribute US$3.5B of sales and profit of US$1B, if cordis is finished, their US$1B yearly profit will be gone too and will wipe-out at least US$20B of their market cap (shareholder's value) via a PE of 20 to 25 times for such Biomed MNC valuation. That is why I have told you guys JNJ was very desperate last year to buy up Conor, and they are even more desperate now that Conor failed and they are talking to Biosensors now. Biosensors is JNJ's last hope to save back their US$20B market cap. US$2B used to acquire Biosensors is peanuts to them to save their US$20B market cap. I think US$3B is also possible if there are other competing offers. JNJ now has at least US$12B cash war chest set aside for strategic acquisitions. The writing is already on the wall for JNJ! |
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bengster
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17-Jul-2007 22:35
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Thanks for sharing with us your outlook and opinion. Kam Siah | ||||
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singaporegal
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17-Jul-2007 20:56
Yells: "Female TA nut" |
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TA charts for biosensors still don't look good .... Acc/Dist still on downtrend. | ||||
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investor
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17-Jul-2007 20:30
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Hi, Bengster, I am just an ordinary investor like everyone else. Basically, I just do more homework, when a stock catches my attn. I am not a very tehnical guy, so I will just stay here in share junction to contribute. You guys over there feel free to come over anytime to give your opinions on this stock or any other stock. Right now, from the technical perspective - There is no indication of any trend reversal yet, although hopefully, the support area at 0.87 or thereabout can hold. Having said that, it may not be very important, even if this area is broken, as the price movement and volume does not indicate any major selling. BUT, why buy ?, if you dont know how low it will drop. I would say most people (TA people especially) will not go into the stock right now, until there is some signal of reversal (using indicators etc). It would be good, if we can see at least 2 'up' days, (meaning the stock close higher), preferably with good volume, to catch the eyes of investors. There is no harm in buying higher, if after buying, YOU ARE SURE that the uptrend is sustainable. Of course, there is a possibility like u said, if the CE mark is approved, the stock may gap up. Fundamentally, investors should also be aware that time is of the essence, as there are many other technology out there, that may be a viable alternative to drug eluting stent, although I would say that Biosensor's technology seems to be ahead at the moment and its technology is also building on the 'old generation' technology of bare metal, as well as polymer, drug, but with a distinct diff of it being bio-degradable. This would make the public more familiar with it and therfore more palatable. Also, I believe that Abbot bio-degrable stent (where the stent is also dissolved) is using Biosensor's PLA polymer, and I believe that Biosensor should benefit from it, if it ever gets commercialised (still at least 3 yrs away). |
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bengster
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17-Jul-2007 13:22
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To Mr/Ms "INVESTOR": With you insightful analysis of this counter, I am sure many forumers will benefit from your wise opinions. Im inviting you to join, share and contribute your well respected opinions in CNA forum. All the forumers there will be very honoured to have your participation. Please accept my humble invitation. Kam Siah | ||||
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bengster
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17-Jul-2007 12:46
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If you are game for casino you can go ahead and join in. Im not interested in rigged stocks. Maybe the zhengkay is luring in retail investors greed mentality now? The wind direction may change anytime and hope you don't get caught. The operators are experts in retail investor's psychology. History has shown over and over again that the final suffers for rigged stocks are retail investors. Yes there are some real success of ex-penny stocks like Wilmar but I think many zhengkays are just riding on these success stories and operate their own casino. We all know what will happen to retail investors when the party is over. Hope no one here get hurt eventually. Just my one cent worth opinion | ||||
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adeline
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17-Jul-2007 12:26
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bro bengster,you criticise jade as soooooooooo lousy now 45cts(at that time still 35cts).whta matters most is the stock enable one to make $ and don't remain emotionally attached to the stock otherwise will cost an arm and leg,just my 2cts worth opinion | ||||
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bengster
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17-Jul-2007 12:08
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Bradders/sisters and supporters of Biosensors, I have been dropping hints that something mega is going to happen. Just like when you talk to insiders, they will not tell you directly what will happen. You have to ask indirect questions and you have to catch the little hints here and there and piece it together yourself. This is how people snoop out info. Yes, some people here may think this is just my own speculation but I am convinced of my own hypotheses and that is why im still accumulating. |
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adeline
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17-Jul-2007 10:14
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Break 90cts liao.My broker and analyst at investment seminars advise don't touch medical/drug cos..so many laws to follow..so many approvals to obtain.will biosensor go bak to 80cts? | ||||
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bengster
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16-Jul-2007 23:12
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If I say too much about here openly about the source. But this source is credible. If all 4 of them are not talking to us now, I wouldn't be so bullish in this stock. Biosensors have all the fundamentals of a world-class stent company minus regulatory approvals and lousy investor PR. And BSX is the last one to come in the picture. BSX got no $ and wanted to do swap swap reverse takeover but this proposal is definitely not platable to shareholders of Biosensors. Only JNJ, MDT and ABT has the cold hard cash. Last year JNJ also approached Biosensors on takeover possibilities but my predictions during that time was that the deal will not go thru. Conor is has CE and IDE and going to break into US market by 2nd half of 2007 so JNJ has no choice but to buy up this new competitor first. The price Biosensors management open price was $4 at that time our share price was trading around 85cts. Thats a premium of almost 300% so I know the deal will not pull thru. JNJ shareholders will screw their CEO for overpaying and destroying shareholder's value. But buying Conor was their biggest mistake and now JNJ are in even more desperate situation. I have explained this in full detail in CNA forum. You can look it up and read exciting things on how i analyse all the potential contenders. | ||||
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cleverZul
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16-Jul-2007 23:01
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I have to agree with bengster in this one. Biosensors looks pretty blue chips to me at least in the next 6months or more. What price to buy? Sheesh..... I don't really know........However if you have a good stop limit and a good time horizon - it doesn't really matter. Of course, if you are a high risk taker, join the bull ride with the pennies (while as long as it lasts). Best regards. |
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dinola
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16-Jul-2007 21:54
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Hi bengster, in yr earlier post u you wrote: "You are right pong888. Johnson&Johnson, Abbott, Medtronic and Boston Scientific are already talking to Biosensors on takeover possibilities" May i know the source? thanks |
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bengster
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16-Jul-2007 20:49
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If you have read my posts carefully, I ALWAYS tell buyers of Biosensors to have a holding term of 6 months. I even tell contra/short term investors better not touch Biosensors if you are not prepared to hold until end of this year or you will need a heart stent from Biosensors very soon. My takeover hypotheses of Biosensors by either JNJ, BSX, MDT or ABT is still on track. I am not god and I don't hold any crystal ball to predict share price for any stock over the next few days. People will die only if they want to play very short-term with biosensors. Im telling you guys if you are still genuinely interested in holding this stock for 6 months and reap the full benefits when Biosensors kena takeover, this week's price is really a bargin and do pick up some if you are a longer term player. My India and China M&A hypotheses for Biosensors is on track and i believe Biosensors will benefit tremendously from these deals. It is still early to pass any judgement on whether I "Hai Si" people or make people "Huat". If you want to play contra or very short term any stock can also kill you. I think by end of this year it will be a better time to pass any comments on my recommendations. Kam Siah | ||||
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adeline
Member |
16-Jul-2007 17:55
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to be fair to happyday..he/she has recommended successfully.Banjoo,Jade,lottis and call for sell in Jland,Fungchoi,magnus,GMG,hengxin,etc...Bengster U're pre ipo investor got Biosensor cheap isn't not fair to insist Biosensor still safe when everyday pple seem to sell down.saw your post on CNA,u also continue to strongly support Biosensor and thoe who follow U died men!!!.What to do and when is the approval going to be obtained.At least I did follow Happyday and make $ but Biosensor "hai sze"many pple ah???? | ||||
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edichan
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14-Jul-2007 17:11
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I search up the Biosensors topic in CNA and spend 1 hour reading the last few pages. The technical comments seems good. Now when nobody wants, its the time to buy said Warrant Buffet. testing few lots, wouldnt die. | ||||
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abc2xyz
Senior |
14-Jul-2007 15:50
Yells: "A stock sucker always enriches the market makers" |
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Boys and girls, Bengster is right. Just be careful. It just take one word from the ChngKay, the banker, that the deal is off. You will see your money turned to ashes. $300 plus per lot. If 100 lots your loss will be $30,000 plus plus. I've nothing against or for anyone here. Just my spirit of goodwill. Good luck and pray that nothing is amiss this Monday. |
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bengster
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14-Jul-2007 15:13
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This is from other forum that have complained about Happyday's self-agenda behaviour: Camper Posted: Thu Jun 21, 2007 11:21 am Post subject: Hey Happyday --- HUH? Kong simi?? What about biosensors? Bengster Posted: Thu Jun 21, 2007 12:30 pm Post subject: Happyday: You can give advice to people here to switch to other "horses" that are worth punting, but we do not need your specific advice on which "horses" and price. This forum here is meant for topics relating to Biosensors only. Sorry if I sound offending but Im just being objective here. Kiam siah This is from my early posting to you in CNA HenryLing's thread. Obviously you don't understand what people have been telling you not to do and you still want to continue saying things for your own self agenda and continue on and on. Finally you are admiting you have been posting things for your own agenda at other forums. I make comments all over singapore? where are the proof? I only made postings on other forums to let people see more about your self agenda postings. Your twisting and turning of facts here is disgusting and very "ungentlemanly". I didn't ban and have no power to ban you from this forum. I even told you have the right to give advice but save the self-agenda stock recommendations. I even have the decency to say "sorry" to you at least twice on my earlier postings to you and also say "thank you" and you are calling me arrogant now? I advice people on the fundamentals that i know but always tell people to be careful of this very volatile stock and buy only when they are convinced on biosensor's potential and to take a longer term view. Do you know that Jade's zhengkay cost price only 1.5cts and now fry until 20 times the price you still ask people to chiong in? They paid less than $10m for a 76% stake and now their stake is worth over $200m on paper? The zhengkay at jade are monitoring how many naive investors are in their casino every minute and we all know that the final outcome for these kelong stocks are disaster for the poor retail investors. Real estate development in Johore??? This type of lousy kangtao Im also planning to do it for my Malaysia landbank and inject into my friend's lousy listed company but i have another better option now by using government land acquisition to pay me cash at inflated prices. Valuer and land prices are all bulls#@t. Oil and gas...... sounds sexy but do they have the proven and probable oil fields??? What kind of contracts have they secured and what kind of margins we are looking at? Letter of intent to service oil, is it a confirmed contract? Price at US$1.50 per metric ton at monthly 200,000 tons gives you yearly revenue of $3.6m but what kind of margins we are looking here? Jade in commodities business and copper mining? You think they are good at it like Noble group with the fleet of ships with very good sourcing, network, financing and customers? Where is the copper mine and what is the proven and probably reserves? How much is the cash cost per ton of yield? Maybe the copper mine is of so poor quality deposit with difficult access and not even worthwhile to mine it at all? Jade's stories like real estate, oil and gas, commodities sounds very sexy but all for show only and may not come true when the zhengkay made enough and make a run. I hope you can be humble and no need to make recommendations as if you have the crystal ball in your hands and everyone else here are goons. Kam Siah Being a pre-IPO investor and major bulk of my biosensors holdings are bought from 08 May (after JNJ's costar failure) to 15 May (average price of 79cts accumulated during that week), I have the one of the lowest unit share price compared to most of the people holding them now. With the light at the end of tunnel of Biosensors, I feel many investors should how more about this company. I am recommending you guys to stay vested and ride on this last and most aggressive run in the history of this stock. I have explained why i m bullish on this stock. If at below $1 didn't buy, you probably will still be hestitating to buy this stock at $1.50 to $2 when the CE and IDE comes out and may finally miss the final $3 jackpot. This $3 jackpot is no zhengkay casino trap whereby if too many people sell the quoted price will drop drastically as the whole scheme collapse after the zhengkay made his pile and run. The MNC will offer and pay all shareholders here the cash. This is the value the MNC will pay to all shareholders and this is the true market value. The kelong stocks price quoted are rigged value of the company at that moment of share price only. How can JADE a recent 1 cent share be traded at 30 cents in only a few months with just a sexy story and little fundamentals? The zhengkay will never pay everyone 30cts to take the company private because the price is kelong and lure more innocent people in his casino and maipulate volume and share price by frying up and selling down. I don't like the idea of innocent investors getting burnt because one of my friend is facing bankrupcy now because of contra losses by one of these kelong stocks and his wife want to divorce him. This guy is really a nice, hardworking chap with a good job but got a bit greedy and kena hurt by crooks of kelong stocks and gambled even more to recover but things just got worse and ended up owing over $300k of debts. Sold his car and other assets but still deeply in debt. My poor friend just sponsored over $300k to the kelong zhengkays, the crooks that are already driving ferraris and staying in good class bungalows and still want to make more dirty money by preying on the naive. I just hope no one here got into trouble next time because of kelong penny stocks. |
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investor
Senior |
13-Jul-2007 23:39
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To avoid confusion and side-tracking, I would suggest that forumers concentrate on Biosensors itself, as people who come on to this thread wants to know more abt Biosensor. Any other stocks, that merit interest can perhaps be started in another thread, Eg, if Jade is a good counter, and there is a possibility of making money from it, then a new thread on Jade can be started. Back to Biosensors - the technical picture does not look bullish - but if you look at the character of this stock, it goes up on 'news flow' - in fact it recently rally from 0.80 cents to a high of 1.12 (40 %) in 1 week !, but due to a lack of further news flow, it has started correcting. There might be some near term support at 0.87 cents thereabout, as this area represents a previous peak as well as its 200 days mva. Whether, investors have the confidence to buy the stock, or to trade it, or to keep it long term, will depend on their confidence in the fundamentals of the stock. I would say that, fundamentally, the picture looks clearer - mgmt has signal that their priority this yr is to get the CE mark, their closest rival (for new and ermerging technology), Conors has been put out of business. Looking at the big picture, their partners like Terumo (a japanese firm - quite big), niche companies like Xtent, Devax are all using Biosensor's technology (thus validating their technology) are all doing their clinical trials, and it is a matter of time, before everyone gets their CE mark, as well as start clinical trials in US. CE mark implies that they can sell to a mkt that is probably worth 2 billion US$ or more. Also, the recent stent controversy has made Biosensor look good, as their technology does away with the drug and polymer after 6-9 mths, leaving behind a bare metal stent. In fsct, the controversy, has made some doctors switch to bare metal stents. THe problem is that CE mark for Biosensor seems to be delayed for quite some time now - and this is causing some anxiety - BUT if Biosenors were to get the CE mark, it will start the ball rolling, as its other partners will probably be on the way to getting their's too, and this MAY be the catalyst to start Biosensors on a more SUSTAINABLE uptrend, rather than the spurts and stutter that we are seeing now. As usual, caveat emptor ! |
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abc2xyz
Senior |
13-Jul-2007 20:32
Yells: "A stock sucker always enriches the market makers" |
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I would like to be fair to everyone. Happyday told of Jade and it happened and everyone made money, big or small. I think Happyday is a bit overzealous now. But Jade whackers, pls becareful abt this gem. Yes a gem no doubt but it has gone all way from 5 cents within less than 1 month (I think) and heading above 30 cts today. If the BB wants to unload now you must be prepared for a fortune may be made and a fortune may be lost. You should decide for yourself after such big increase in prices already. The upside is there and the downside is also there. As for Biosensors, I have played it many times always buying on the way down and selling when it spikes for 2 days. Each time made some 4 to 5 digits. This is a good counter. Not going into details, but it has tremendous value of goodwill accummulated in its large expenditures for research over the years. Little chance to break down below 80 cents now. It is always moving from $1++ to 0.85 cts and then upto $1++. Good to play if you can hold on down and sell when it spikes. Am still vested too. Bot from $98 cts down now ave price is $0.93 not much diff. compared with today's 91 cts. Good Luck |
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