the price was pushing down to RM3.xx then announced Bonus issue and shot up 100% in a few trading days, then slowly release...down down to RM5 killing you softly by weeks. I guess the next good news will be the extention of contract for distribution of supply to gov hopitals but small fry hard to know when the announcement.
Wonder where are those crafty artists painting rosy future portraits now. And those magicians pulling out 8.00, 10.00, 12.00, 20.00 baseless figures from their hats?
I love the flat line pattern on the chart now. Last time there was a flat line was in April before it exploded. If this was a gone case it will slide downward every day but its holding strong at current prices. Stay tuned for the next wave!
Kfliau.. Agree with you that it's another game changer for Pharma but for the next several qrs, the vaccine business will be the main star of the show. Can't wait for Q2 results!
Pharma price is trading around 47 times pe ratio now. If they land the Fy21 at annualised eps of 70 sen (assuming the rest of the year performance is met with the expected earnings from the vaccine business ), a conservative pe ratio of 15 means the share price should trade around 10.50 pre adjusted bi price. But the norm for the industry should really be around 30 to 40 pe ratio. So there is plenty of upside for the company in terms of share price. This is a great mid term hold now.
kikikikikih.......price up......banker want to sell their warrant....price down... banker sold all their shares.....so many reason for denial.....kikikikikih
If price closes above 5.40 today, the uptrend will have started and will keep running until ex date. Trigger for more uptrend beyond ex date will be Q2 and q3 results.
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Trevor777
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Posted by Trevor777 > 2021-06-15 11:39 | Report Abuse
Price stays at 5.20 for BI.