Upon my sharing last week on Bioalpha's background, the share price had gone up by 8.6%, hence I would like to congratulate the followers who trusted me!
However, I would like to emphasise that the rally in share price was a fluke as the market is favouring vaccine themed stocks. And as I mentioned previously, Bioalpha is going to dive deep into supplying immunity-booster products.
And Bioalpha being the largest herbal farm in Malaysia, they have no problem in sourcing the raw materials. As for the formulations? Over the past years, Bioalpha had accumulated over 300 formulations on hand, and on average would add 30 in their portfolio every year.
Today, ST Capital is going to share with you the hidden message stated in the quarterly report. To those who can decipher it, may profit from it. To those that remains to turn into a blind eye, are going to be left out from the profits.
To conclude, the management hinted over and over again that the next quarter would perform better than this quarter. To get return from investments, one should look for companies that are turning around and which their share price had not reflected yet. And Bioalpha remains as my stock pick for Q4 2020.
Whether you believe or not, Bioalpha is going to hit RM 0.500 is December due to more and more investor are learning about the huge prospects of the company. I’m writing the article purely to share my investment thesis, and it is your own call to follow it, or neglect it.
Your call.
At the end of the day, price will prove everything. Naysayers will focus on the current quarter loss, but successful investors would look beyond the current quarter, and focus on the future prospects.
Cheers!
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Created by skyturecapital | Jun 22, 2022