Posted by tecpower > 2017-06-10 02:00 | Report Abuse

The stock may break the range and move over RM 0.22. Be patient. Stocks don't consolidate when you want them to do.

Posted by nklye > 2017-06-10 10:11 | Report Abuse

Since the ESOS is 0.165, it won't drop that much below that price.
Tuesday if it drop further, may be the lowest 0.160.

Posted by Lost In Bursa > 2017-06-10 10:14 | Report Abuse

It will touch down to 0.155 on tuesday. sad!

Posted by Jun Yi Lim > 2017-06-10 10:22 | Report Abuse

This is how ESOS spoiled the market

Posted by tecpower > 2017-06-10 12:33 | Report Abuse

if the stock price dropped due to dilution, the stock price below 0.165 cannot happen technically.

Posted by samsambank > 2017-06-10 12:43 | Report Abuse

http://www.ibtimes.sg/malaysia-sapura-energy-earns-outperform-call-following-contracts-worth-rm879m-11158

Posted by samsambank > 2017-06-10 12:46 | Report Abuse

The group said both companies will explore into entering various agreements to outline the roles and responsibility of each party, while a possibility of setting up a joint venture to expand its supply of ancillary services such as blasting, painting works, and minor fabrication works via an integrated yard.

Tenisha began its operation in the oil and gas industry in May last year, where Asiabio said it has been able to secure various works order from PRPC Utilities and Facilities Sdn Bhd since.

PRPC is the owner of the contract in relation to the Petroliam Nasional Bhd proposed Refinery and Petrochemical Integrated Development (RAPID) complex in Pengerang, Johor.

Posted by samsambank > 2017-06-10 12:52 | Report Abuse

Its good that the company has been able to secure various works order from PRPC utilities and facilities. You should know the worst will not happen in a normal case, so the stock is unlikely to hit RM 1.65 or 1.70. I think the stock will consolidate on Monday.

Posted by Lost In Bursa > 2017-06-10 13:49 | Report Abuse

Yes. another round of consolidation 10:1 even. Hahaha

Posted by samsambank > 2017-06-10 14:47 | Report Abuse

http://m.thesundaily.my/node/450813?quicktabs_today_popular_most_shared=0

http://www.thestar.com.my/business/business-news/2017/06/05/asiabio-eyes-halal-product-export-venture-with-chinese-firms/

Posted by samsambank > 2017-06-10 15:14 | Report Abuse

Investors increasingly hot on solar projects in Southeast Asia | http://www.klsescreener.com/v2/news/view/243353

http://www.asiabio.com.my

Posted by samsambank > 2017-06-10 16:16 | Report Abuse

I believe the stock price hit a bottom yesterday!

Posted by samsambank > 2017-06-10 16:26 | Report Abuse

https://www.thestreet.com/story/14161942/1/is-the-biotech-sector-preparing-for-another-major-rally-watch-this-chart.html

Posted by samsambank > 2017-06-10 16:35 | Report Abuse

The stock price may move up to RM 0.25.

Posted by jasonk > 2017-06-11 12:52 | Report Abuse

Buy Buy

Posted by yeapptl > 2017-06-11 13:18 | Report Abuse

Another sicking company,holding this stupid stock for many years and now capital reduction.Sooner or later alot of companies will follow.Learn a big license never to buy stock that
is going to die die die.Better let it go to rod.Don't ever think of their warrant and you will be caught.Don't blame the gaming from poor to rich scheme.They are equally the same gang.

Posted by samsambank > 2017-06-11 14:17 | Report Abuse

yeapptl's posting history shows he has written only one comment. Maybe he has been writing negative comments on the stock with other handles repeatedly after he sold the stock.

Posted by Lost In Bursa > 2017-06-11 16:47 | Report Abuse

It made a lots of ppl daydream!

Posted by alex3388 > 2017-06-11 16:52 | Report Abuse

dont wasting yr time on this counter....

Posted by Lost In Bursa > 2017-06-11 16:56 | Report Abuse

1 day if I have chance to get out of this counter. I definitely will not turn back anymore

Posted by samsambank > 2017-06-11 19:23 | Report Abuse

Negative comments are many, but that means either they want to buy the stock later or they lost money for investing in the stock.

Posted by samsambank > 2017-06-11 19:24 | Report Abuse

alex3388 = yeapptl

Posted by hernandez > 2017-06-11 21:16 | Report Abuse

High risk high return, collect at 0.165

Posted by Lost In Bursa > 2017-06-11 21:20 | Report Abuse

Don't collect so soon. wait it drop till 0.06 first

Posted by Lost In Bursa > 2017-06-11 21:21 | Report Abuse

0.05~0.06 is a good entry level

Posted by samsambank > 2017-06-11 23:34 | Report Abuse

ANNUAL REPORT 2016

In the medium term, the Group maintains a positive outlook as we anticipate our photovoltaic energy generation initiatives and technology will contribute positively to the group going forward. Management will also continue to explore development projects with its incubatee, VSolar.
As our core business is in the investment of growth and technology companies, we will continue to identify new biotechnology and renewable energy initiatives together with investments which can demonstrate sustainable and strong growth in order to bolster our investment portfolio.

Posted by samsambank > 2017-06-11 23:44 | Report Abuse

If the EOS is a reason why the stock price plunged, the stock price cannot move down below RM 0.165.

The annual report 2017 will be released soon. I think it should support the consolidation of the stock price.

Posted by samsambank > 2017-06-11 23:59 | Report Abuse

During the last one year, stock price has been rising.
http://www.reuters.com/finance/stocks/chart?symbol=ABTB.KL

Posted by WhoKnows > 2017-06-12 16:52 | Report Abuse

wait tmw, and see the sentiments, if sustain @ 0.18 or .0185, will accumulate more...... i am targeting tis counter @ 0.205 within a month

Posted by samsambank > 2017-06-12 19:02 | Report Abuse

Posting history of Lost In Bursa

Stock: [ASIABIO]: ASIA BIOENERGY TECH BHD
Jun 6, 2017 09:46 AM | Report Abuse

The total shares issued has now reduced from 1b to 385 mil. Deduct those major share holders it probably left with 100~150 mil shares floating in the market for trade. It should be quite easy to goreng up trend if the investors really willing to do so. Some more they are considering to get into the halal business in which it was a good potential to increase these revenue.

Stock: [ASIABIO]: ASIA BIOENERGY TECH BHD
Jun 6, 2017 06:39 PM | Report Abuse

I got stuck in there more than 2 years ago. What to do. Wait for another 3~5 years perhaps. Hahaha.

Stock: [ASIABIO]: ASIA BIOENERGY TECH BHD
Jun 8, 2017 04:46 PM | Report Abuse

After 3:1 consolidation just how many days ago??? Now they issued new shares again. This is the games they played round and round. Issued enough shares already in the market then consolidate.

Posted by samsambank > 2017-06-12 19:06 | Report Abuse

callme777, just look at the one-year graph of the stock price

Posted by samsambank > 2017-06-12 19:11 | Report Abuse

Only latrge-cap tech stocks were in troubled in the US.
https://www.bloomberg.com/news/articles/2017-06-09/megacap-tech-stumbling-to-worst-day-verus-dow-in-seven-months

But I think they will rebound soon. Just profit-taking

Posted by Sarawakian8 > 2017-06-12 21:04 | Report Abuse

Who believe revenue RM 1.8 million profit RM 15.9 million? Should wait at 5 sen safer.
http://klse.i3investor.com/servlets/stk/fin/0150.jsp

Posted by samsambank > 2017-06-12 21:20 | Report Abuse

In the US tech stocks usually mean IT stocks. Look at stock prices of General Motors,Ford and General Electric last Friday.

GM +0.67% last Friday
https://www.bloomberg.com/quote/GM:US

Ford +0.27% last Friday
https://www.bloomberg.com/quote/F:US

GE +1.27% last Friday
https://www.bloomberg.com/quote/GE:US

Posted by WhoKnows > 2017-06-13 09:29 | Report Abuse

wakakkaka..... going in more @ 0.185, if this wall breaks, seems like more to come

Posted by Pmaster > 2017-06-13 09:45 | Report Abuse

Too many of retailer holding this counter share ,
Must reducing retailer on hand share quantity.

Posted by WhoKnows > 2017-06-13 10:37 | Report Abuse

0.185 wall seems like crashing soon.....

Posted by WhoKnows > 2017-06-13 10:43 | Report Abuse

wooo..... more sellers, like that dun think will break 0.185 today...... :)

Posted by fl888 > 2017-06-13 11:11 | Report Abuse

AsiaBio looks like trying to fool many innocent investors and stupid bankers who think the shares has gone from 6.5 cents to 18.5 cents who are not aware of the consolidation,,,and is counter who does not walk their talk,,,,

Posted by tecpower > 2017-06-13 12:00 | Report Abuse

Asiabio top active, up 2.78% on recent RM220m Pengerang subcontract | http://www.klsescreener.com/v2/news/view/243739

Good news

Posted by tecpower > 2017-06-13 12:04 | Report Abuse

In a separate statement, the group added that subsequent to this award, both companies will be exploring entering into various agreements to outline roles and responsibilities of each party.

It said there is a possibility of setting up a joint venture company to expand the repertoire of ancillary services such as blasting and painting services and minor fabrication works through an integrated yard.

Posted by WhoKnows > 2017-06-13 15:24 | Report Abuse

not sustaining...... stay sideline and wait.....

Posted by fl888 > 2017-06-13 15:25 | Report Abuse

Consolidate becomes cheaper, simple mathematics cannot do, how company can handle big JVs,,,

Posted by tekken > 2017-06-13 15:54 | Report Abuse

.165?

Posted by tekken > 2017-06-13 16:02 | Report Abuse

super discount

Posted by warrenlover > 2017-06-13 16:10 | Report Abuse

Ok I cut it, loss few bids and move on. Seem like callme777 is right , u really good in prediction. But I accept my failure. Thanks bro

Posted by fl888 > 2017-06-13 16:11 | Report Abuse

Looks like going back to 6cents again After condolidation at 6 Cents,,,lol,,,

Posted by greatful > 2017-06-13 16:11 | Report Abuse

then i better stay away, follow callme777

Posted by greatful > 2017-06-13 16:25 | Report Abuse

From the trading trend, I really do not understand what is happening. Really no clue. Buy rate high but price drop. What does it means except saying this is con company? Changing hand to trap retailers? Am i correct?

Posted by bobmarley > 2017-06-13 16:53 | Report Abuse

High vol price down retailers selling.will balance soon.dont worry.