Latest Forum Topics / Biosensors | Post Reply |
Is Biosensors a good buy?
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infancybird
Senior |
10-Jul-2012 20:36
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Will like to share with u these info from Nomura...... Nomura Equity Research maintains 'buy' on BIOSENSORS Analyst: Lim Jit Soon, CFA Management continues to maintain its guidance of 20-30% progress in revenues in spite of concerns about pricing pressures in China and Japan. While growing its core business, the group is also looking to bolt on acquisitions to achieve its strategy of becoming a medical device platform company. However this will be done judiciously to ensure value is enhanced for shareholders. Management also indicated that it will be seeking a share buyback mandate at the AGM scheduled for the end of this month. We continue to maintain our Buy rating for Biosensors. Target price: $1.84.  
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overshoot
Member |
09-Jul-2012 17:35
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My point is that, instead of engage in share manipulation, company resource should use to improve sales, not prevent share drop, real investors will come out when price is cheap...lol
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junction
Senior |
09-Jul-2012 17:15
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Of course it helps.  It plunges less in a downturn and shoots up faster in an upturn! Shortists will think twice before shorting in case they get caught with their pants down.
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overshoot
Member |
09-Jul-2012 17:05
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when the share plunges, do u think share buy back can help? look at olam, SIA or even as big as japan goverment intervention of yen. It can help for a while, but market direction will continue....just tccs only....lol. |
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junction
Senior |
09-Jul-2012 16:41
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I am not surprised they again will benefit their corporate friends.  Those attending should question them.  I am voting against their resolutions, especially their renumeration.
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infancybird
Senior |
09-Jul-2012 16:38
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Defensive strategy On July 6, Singapore’s benchmark Straits Times Index rose to 2,970 points, up 10% from a 2Q2012 low of 2,698.8 points last month. Given the ongoing macro uncertainties, however, Nomura analyst Lim Jit Soon expects the index to trade within 2,600-2,900 points for the rest of the year despite the recent easing measures. Indeed, while Nomura is forecasting GDP growth of 2.7% for Singapore this year, “weaker external demand coinciding with a restructuring of the [Singapore] economy will likely constrain the market in 2H2012,” Lim notes in a July 6 Singapore strategy report. To weather the volatility, Lim recommends that investors improve equity returns with a defensive stock-picking strategy. At $1.15 apiece -- down 14% since the start of the year -- stent maker Biosensors International is among Lim’s top picks. “The price pullback presents buy opportunity as the outlook remains resilient while pricing concerns appear discounted,” Lim writes.
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edchai
Senior |
09-Jul-2012 14:46
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What to expect when the company enlarging its share issues ?   |
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infancybird
Senior |
09-Jul-2012 14:06
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YES, a mature and responsible coy must have Share buy back(SBB) mandate to combat such daylight bashing of a good stock. This is the 1st time this coy initiated SBB.  Also long-term investor must take note....the coy is enlarging their share issued( SGM on 26th JUl)  by  twice......Why?? I guess it must have acquisition in the offering, most likely to be announced on the 25th or 26th Jul together with their 1st Q result. This is why the share price is artificially pressed down to today`s level to  match their secret -internally agreed fixed price. Hope the value will go up thereafter. This acquisition must be very huge ,I guess. Lets wait for the good news.       
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gbleng
Member |
09-Jul-2012 13:10
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Infancybird, the company must have heard you...they are seeking approval for a share buy back mandate at the next AGM. At last they are thinking about preserving and enhancing shareholders value.
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sgtrader
Member |
07-Jul-2012 00:31
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Hi traders This is personal view. Chart Analysis on 4th July, posted to my  trading blog.   Expect price to move higher.   |
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susan66
Master |
06-Jul-2012 11:04
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Yes, entered again at $1.185, still holding on.
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yiming2000
Senior |
05-Jul-2012 19:04
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Still losing $5,100 on my 20 lots bought at 1.48. Susan66 - are you vested? Don't miss the boat. |
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gilraen
Member |
05-Jul-2012 18:32
Yells: "Be professional, not emotional" |
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more more! hopefully it can go back to April level at 1.3+ hehehe | ||||
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ricourean
Member |
05-Jul-2012 17:20
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Next stop 1.28?? | ||||
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Bopanha
Master |
05-Jul-2012 15:05
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Bagus.  Right time.
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bishan22
Elite |
05-Jul-2012 15:01
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Masuk today. Good luck. 
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Bopanha
Master |
05-Jul-2012 14:48
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Time to buy. And be quick! Lol.
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ricourean
Member |
05-Jul-2012 14:44
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Ok Coming. Go, GO, Go. |
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lowchia
Veteran |
04-Jul-2012 21:47
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On Wednesday, Biosensors re-test the resistance at $1.21 and closed at $1.195 with HIGH volume of 11.4 million shares traded. During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles.  During the past 50 bars, there have been 18 white candles and 29 black candles for a net of 11 black candles. RSI & MACD are bullish as RSI trend upwards. Important Resistance of Biosensors: $1.21 Immediate Support of Biosensors: $1.1 Currently prices are resisted by 50 days MA at............  READ MORE     |
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stockmarketmind
Master |
04-Jul-2012 10:17
Yells: "stockmarketmindgames" |
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congrats!!
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