And Keyasic is supposed to develop a tech park in China. Even that has been rather quiet

Looks good but the only problem is we don't know who awarded Keyasic the contracts... Hahaha

Don't get your hopes up. This counter will take a while to ascend. It's premature to say it would benefit from BFA. It has to improve its cash flow first.

Don't count you chicks before they hatch. It takes 3 - 5 years to complete the project. Unless they get more contracts from China, all this amounts to nothing. At this moment it only looks good. It needs more orders which seems very likely. Anyway, just wait and see

Does anyone know what caused the sudden spike?

15 sen? It's very likely heading to 6 sen again. This company needs a significant project to push the price up. Don't get fooled by wongcheehui83

It's interesting to note that the price is holding up well despite making a huge loss.

Hello wongcheehui83. Hello bleuerouge. Where are you guys? Hahahaha

I have been hearing "it's going to fly" for
far too long. This counter has been nothing but a big disappointment. From the time of vaccine until now, all the projects are farcical. Probably the boss keeps making promises just to halt the slide and many still believe in him. What a joke.

wongcheehui83. We might see some positive development here. The US inflation data is promising and the Fed might hike 25 basis points. Nasdaq jumped. This might provide the impetus for the goreng kaki.

Market is also cautious pending the decision by Fed

Don't dream. It is very unlikely to happen. Someone is manipulating the price which is quite normal. Don't expect too much from this stock. It is in comatose state. The spike is just a false alarm

I wish I was as optimistic as you. Even if there's a spike, it won't sustain. All the best

The NTA is only 4 sen. With the current price and the outlook there seems to be more downside than upside. You really need a miracle to push it up. It will moving sideway for some time

wongcheehui83. Your shouting here and there won't move the stock price. This stock need CPR. It needs a jolt

What you believe must be supported by facts. Otherwise you will lose money like 90% of the investors in stock market.

Up 1 sen, then down 1 sen. Up half sen and down half sen. It has been like this for some time. There's nothing out of the ordinary here.

That's an interesting prospect but I doubt that will take place soon. The charts show this will not likely to happen anytime soon. Don't get your hopes up wongcheehui83.

The results over the years have been very disappointing. The projects are hopeless. The company has been making empty promises. We even have JovaneChua promoting the company at one time, probably that person is using another name now. Who knows who sent her here which is quite obvious

wongcheehui. What's your reason for optimism?

RM6 is a bit far fetched. RM0.60 is more plausible if they keep winning contracts. Let's not count the chickens before they hatch. This company has made so many empty promises in the past

I think it has to do with China opening up. The bulk of its revenue comes from China. Hopefully Bio will win more contracts to supply food ingredients. The vaccination rate in China is relatively low so health foods may play an important role in boosting immunity

The price won't move much as long as China's zero-covid policy is in force because the bulk of its revenue comes from there

Keep dreaming...hahaha

That's quite a big spike today. Anyone knows the reasons?

Probably in the medical or auto industry based on their plans revealed in 2021.

https://www.nst.com.my/business/2021/10/739905/key-asic-design-chips-ip-cater-auto-sector

It's reverse psychology. The boss has learned his lessons to not give people a false. Remember what happened to promisee about Ucrest and Keyasic ?

Must show something to the share holders before AGM.

Shanxi, mgrc, sputnik, IAIH, HRP....all dust in the wind

Hello. Is there an ER personnel here? Ucrest needs CPR...haha

sting79, William very likely had taken that into account before setting up and expanding Bio in China. We wouldn't know for sure why did he go down that path or what agreements he has with China. With China increasingly decoupling from the rest of world, there is a focus on self-sustainabiliy. We also see that in the chip-making industry.

Hopefully with the Chips Act in place, there's news about the acquisition. Otherwise it will be just another pipe dream and Keyasic will disappear into oblivion

Goodbye, Joe, he gotta go, me oh my oh...

Bio has become a regular Joe.

When is Ucrest going to announce MOU to produce monkeypox vaccine? Hahahaha

That's why the company announced the MGRC partnership before releasing the quarterly report. It was to give it a window dressing before reality sets in.

It's like the story about the boy who cried wolf. Now no one believes the boss anymore.

@Wallstreetrookie
Dead cat bouncing brother. Too many unfulfilled promises and ventures

Joe or no Joe. It's just an average Joe.

Anyway, looking at the bright side. Shanghai's Covid-19 situation is improving. Opening up businesses more will have a positive effect on Bio's new venture with Suzhou MS. Probably we will see something good coming soon

We might be the ones they goreng until really crispy

When you expect goreng, they might push it down. Cannot tell their game plan at this moment.

Sudah banyak kali kena burnt. Banyak orang kat tepi jalan tunggu action dulu baru masuk.

Hi whistleblower, are you a vigilante or an angel of light? I see you everywhere

GE 15 coming liao

I have this feeling something is brewing. Because no sane Investor would pay double the market price if it doesn't benefit him. Let's hope the brewing process brings out a flavourful aroma and taste. The price is the same even after making a loss. Hold tight

Thanks. But why? It defies all logic. Is there a big business venture coming up? Otherwise why would they pay a premium?

Anyone here care to explain why this happened?

1.) Why bought into a company that is losing money for two consecutive years?

2.) Why paid 30¢ when it is way above market price?

A penny for your thoughts.

Harapan is coming. Or false harapan? Ini kali lah!!!

Hisehatu, boss went live on FB with all his forecasts. rm9 is still within the range, it all depends on what HOPE analysis you are using...haha