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2016-02-18 17:49 | Report Abuse
Buy, buy buy....present price now is 33 cents & TP is 65 cents
Bioalpha Holdings
New private placement shares listed today
■ Private placement of 17.7m new shares at RM0.33 was just completed. The shares
will be listed today. RM5.8m in funds raised.
■ New funds expected to be used to open new pharmacies nationwide.
■ After share placement, BioA’s net cash rises to RM20.9m or 4 sen/share.
New private placement of 17.7m shares completed
● BioAlpha’s (BioA) proposed private placement of 17.7m new shares at RM0.33/share,
representing 3.67% of the existing issued share capital, was just completed. The
placement raised RM5.8m in funds. The new shares will be listed today, 12 Feb. The
issued share base rises from 482.3m to 500m shares.
RM20.9m net cash after placement exercise
● As at end-Sep, BioA’s net cash was RM15.1m. With the placement proceeds, net
cash rises to RM20.9m or 4 sen net cash per share. We believe the RM5.8m
proceeds from the private placement will be used mainly to open new pharmacies in
the country. BioA has entered into a 70:30 JV with MyAngkasa (the country’s largest
co-op, with 12,000 co-operatives and 8m members) to open up more retail and
pharmacy outlets nationwide.
Co-op looking at equity participation for pharmacy outlets?
● On average, we estimate one needs around RM1m to open a pharmacy. BioA
currently owns 13 pharmacies in Klang Valley after buying the Constant Pharmacy
Group. Management has shared with us that they are looking at equity participation
from some of the co-operatives that are keen to set up their own pharmacies. BioA
can provide the co-operatives management expertise in running a pharmacy. We
have not assumed any earnings from this MyAngkasa JV.
Promote in-house brands at own pharmacy outlets
● BioA will be able to promote its in-house brands at its own pharmacy outlets. In-house
currently contributes 60% of group revenue. In the past, the company listed its inhouse
brands at other pharmacies but the listing fee was expensive and it was difficult
for BioA’s products to stand out given the many brands and products carried by the
pharmacies.
Ascending triangle pattern?
● BioA’s daily chart shows a potential bullish ascending triangle formation with
resistance at RM0.36. A breakout above RM0.36, supported by strong trading volume,
will be positive for the stock.
Maintain Add
● We maintain our EPS and target price, based on a 20% premium over the target
market P/E and in line with our consumer sector P/E. Potential re-rating catalysts for
the stock are stronger-than-expected sales from China and further corporate
developments from the MyAngkasa JV.
2016-02-18 04:44 | Report Abuse
Buy just recently for it's coming future revaluation & earnings.
2016-02-17 17:23 | Report Abuse
slowly slowly catch the monkey, lol
2016-02-17 17:21 | Report Abuse
I collected some today & hope that the report will be kind.
2016-02-17 17:20 | Report Abuse
this giant only knows how to sleep, lol
2016-02-17 17:19 | Report Abuse
It's coming by the looks of today's buying.Let's wait for the report which will be out anytime now.
2016-02-17 17:18 | Report Abuse
Thank you brother calvintaneng for your recommendation and today I bought me a few containers of it at different price levels. Let's hope for the best to come. Cheers brother calvintaneng & thanks once again.
2016-02-17 17:16 | Report Abuse
got some today but I don't expect much of Dutaland, maybe a miracle can happen, lol
2016-02-17 17:15 | Report Abuse
Friend leslieroycarter, what you just add is true. Keck Seng I had been holding for so many years but the revaluation of it's prime land never came....it all depends on the directors. If they don't want to revalue the land, then there's nothing we can do.
As for MPHBCap is a bit different, that is if there is someone wants to take it private with a good price, then why not. Anyway, I had some of this MPHB shares with me & today I did buy a bit more. Let's hold & hope for the best.
2016-02-17 05:40 | Report Abuse
Good morning to you too brother calvintaneng & thank you so much for your valuable information. Cheers.
2016-02-17 01:47 | Report Abuse
Posted by leadership > Feb 16, 2016 04:30 PM | Report Abuse
Kindly indicate what the theoretical ex rights would be for Mulpha.
Brother Calvi, care to elaborate please. TQVM in advance.Cheers.
2016-02-16 17:12 | Report Abuse
Prepared your bullets as son will shoot high tomorrow.
2016-02-16 00:04 | Report Abuse
Long term investment for me on this counter as the dividend given is the highest among the REITS at more than 8%. Today bought another 150k more.
2016-02-16 00:03 | Report Abuse
Good show today, yahooooo
2016-02-16 00:02 | Report Abuse
let it drop & the more the merrier as more will be collected, don't have to worry the least as the warrants got a long life of another 7 more years and by that time mother goes up to RM6++, hahaha..tell me which warrant had such a long life???
2016-02-15 23:44 | Report Abuse
Worry not about BIMB as these big Taikohs are continuing buying after the Chinese New Year, a rather good sign as it shows support.
Monday, 15 Feb 2016
5:31PM KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (519,700 units Disposed)
5:27PM EMPLOYEES PROVIDENT FUND BOARD (170,200 units Acquired)
Friday, 12 Feb 2016
5:35PM EMPLOYEES PROVIDENT FUND BOARD (613,500 units Acquired)
Thursday, 11 Feb 2016
5:39PM AMANAHRAYA TRUSTEES BERHAD-AMANAH SAHAM BUMIPUTERA (519,700 units Acquired)
5:37PM EMPLOYEES PROVIDENT FUND BOARD (713,700 units Acquired)
5:36PM AMANAHRAYA TRUSTEES BERHAD-AMANAH SAHAM BUMIPUTERA (41,400 units Acquired)
Wednesday, 10 Feb 2016
5:43PM AMANAHRAYA TRUSTEES BERHAD-AMANAH SAHAM BUMIPUTERA (38,000 units Acquired)
5:43PM EMPLOYEES PROVIDENT FUND BOARD (1,322,800 units Acquired)
2016-02-15 23:26 | Report Abuse
Posted by zamzam22 > Feb 15, 2016 05:16 PM | Report Abuse
grace123....song ,song ape tu. sing a song je la bila naik
Friend zamzam22, dia Grace mahu song atau siok, sebab itu lebeh baik dia pergi tandas dan korek dia sendiri, itu lah betul song song, hahaha
2016-02-15 23:23 | Report Abuse
smartly hng33, why don't you keep this for a little bit longer ?
judging from other reits surge recently there might be a surge for this as well..
15/02/2016 19:00
Exactly friend smarty, keep for longer time for better returns.
2016-02-15 03:02 | Report Abuse
cmchin If next 4th quarter result is good, it show this counter among 3 years straightly QoQ result has strong profitability. Nowadays, it's very hard to find the company has profit continuity.
13/02/2016 01:12
...should be good.
2016-02-15 02:14 | Report Abuse
Posted by timbermad > Feb 15, 2016 12:28 AM | Report Abuse
will bounce back next week. PNB, ASB, EPF already been collecting bit by bit since Feb3
I think today will start a new up up & away day for BIMB. Just be patient, you don't expect share price to rise in a day or 2, do you?
2016-02-14 23:40 | Report Abuse
Drunk Panda Sustained above 1.10 good sign for quarter!
13/02/2016 14:07
I believe so too.
2016-02-14 20:50 | Report Abuse
Posted by rainbowyen > Feb 14, 2016 12:46 AM | Report Abuse
no matter downtrend or uptrend it is still give good dividend even for the next 20 year. star media is very unique business model since 1971. you can trust this stock. hope the price can drop some more to collect this year....the lower the price , the better for new investors like us.
Time to collect as dividend will be announced soon.
2016-02-12 23:04 | Report Abuse
cmchin Latest target price for Mitrajaya:-
i) Malacca Secuirites - $1.75
ii) Kenanga -$1.63
ii) HLG - $1.95
Go...Go....Go...
12/02/2016 12:35
Today someone & gang is collecting as they keep pushing it down with 1 share at a cheaper price & their own kakis are queuing to receive. So, just hand on & wait lah & it will naik lah.
2016-02-12 22:59 | Report Abuse
Posted by grace123 > Feb 12, 2016 03:46 PM | Report Abuse
tiap tiap hari turun very song.
wah a disgrace you are as a lady. Observe first. Today volume is a few thousands and turun about 3 or 4 cents and you said very song. If the volume is big in millions of shares sold at drop of more than 10 cents less, then it's very song, other than that you are talking through your nose and today being a Friday is always a selling day, so what's so song? When BIMB itu hari naik 20 cent, itu lah very song...not 3 cents and you are so itchy already, hahaha.
2016-02-12 08:12 | Report Abuse
Posted by speaking_up > Feb 12, 2016 08:07 AM | Report Abuse
Rafizi said Tabung Haji will go bankrupt since their dividend is higher than income. Why TH not yet sell BIMB-W?
speaking_up, you are another sour grapes hoping for TH to sell their warrants cheap & you grab. Let me ask you why you didn't buy when it was 23 to 24 cents and I am sure at that time you are hoping against hope for the warrant to go down to 10 cents or less. Now that it's up, you start making noise, do you use your brain?????
2016-02-12 03:43 | Report Abuse
Icon8888 Lovely stock
Yes, indeed, now time for son to move up while mum stays back.
2016-02-12 03:41 | Report Abuse
Rating
Maintain BUY, TP: RM1.95
Mitrajaya remains our top pick amongst the small cap contractors as it offers a compelling case of robust growth prospects (3 year CAGR: 24%) at inexpensive valuations of 9x and 7.5x FY15-16 P/E
11/02/2016 23:49
2016-02-11 14:40 | Report Abuse
more to come, stay focus please & laugh your way to the bank.
2016-02-11 14:40 | Report Abuse
Told you all BIMB akan naik, now you believe my words.
2016-02-11 13:54 | Report Abuse
Mitra go go go...see you at $1.80
2016-02-11 13:52 | Report Abuse
Worry not my friends, this BIMB will surge, that's for sure...please don't be distracted by those foul mouths as they are up to no good but always thinking of the evil...maybe they should meet the devils, hahaha.
2016-02-11 13:50 | Report Abuse
My friends, stay focus on your BIMB Warrant and not be distracted by those sour grapes who always wants it cheap. They are a disgrace to society.
2016-02-11 00:49 | Report Abuse
Time to move into the gold mine.
2016-02-09 09:56 | Report Abuse
Still going strong with some goreng support.
2016-02-09 09:55 | Report Abuse
Dividend coming too..interested? For long term investment only.
2016-02-09 09:53 | Report Abuse
Anyone interested, offer still open.
2016-02-09 09:53 | Report Abuse
Nice handsome dividend coming soon.
2016-02-09 09:51 | Report Abuse
Takes a few years to see the potential of Vietnam TOTO.
2016-02-08 16:58 | Report Abuse
Any suggestions who brokerage which offer the lowest rates & also the convenience. Thank you. In fact, please share which is the best brokerage house.
2016-02-08 16:56 | Report Abuse
Dragon9 AmInvestment Bank is the Best
Friend, please let me know why it's the best? TQ.
2016-02-08 14:21 | Report Abuse
How come it can drop 7 cents in a day last Friday???? Something's not right that we don't know? Anyone here got any info to share please. TQVM.
2016-02-07 20:19 | Report Abuse
Will it drop further for us to move in...a $64 million question indeed.
2016-02-07 20:18 | Report Abuse
Lack of support but still pays super dividend....a plus factor.
2016-02-07 20:16 | Report Abuse
Comeon, you can do better.
Stock: [BIOHLDG]: BIOALPHA HOLDINGS BERHAD
2016-02-18 17:53 | Report Abuse
Take a look at this snapshot I make....
http://postimg.org/image/56on1my3n/