Posted by general t > 2017-04-29 15:54 | Report Abuse

yiyipang please share what is last year and this year receivable .
from the report I could notice only current asset.
current asset could be cash in hand ,cash in bank ,stock and of course receivable

Posted by Yipipang > 2017-04-29 16:45 | Report Abuse

General t. Receivable FY2015 RM19m Vs FY2016 RM29m. I not sure what the reason some credit term can more than 180 days. Just worry can any bad debt... Yes. Revenue is increase but that not all generate as cash with such high receivable, so we can see cash on hand is reduced. Liquidity is not so good.

For inventory wise, Finished goods increase RM3m, this maybe due to take over of constant that caused such finished goods increased.

Maybe need to know any specific reason. Hope somebody can help about this.

Posted by Yipipang > 2017-04-29 16:52 | Report Abuse

But any how the future of bio is quite good.

Posted by iamgreenninja > 2017-04-29 16:57 | Report Abuse

Am hoping that someone can help clarify this at the AGM.

Maybe can ask this to William Hon directly or to the newly promoted Financial Controller, Goh Siew Ching. Maybe they can share some in-depth perspective into this receivables increase.

Goh Siew Ching sold close to 1m shares recently in 2 seperate transactions. I am not sure if these were share options given to her or free shares. If the latter, then she netted close to RM250,000 in cool cash.

From the latest annual report, this is her profile (but no photo : p):

GOH SIOW CHENG
35 Years
Malaysian, Female
Group Chief Financial Officer

She is responsible for overseeing the finance, accounting and human resources functions of our Group. She graduated with Bachelor of Business (Accounting & Finance) from University of Technology Sydney, Australia in 2003 and became a member of CPA Australia since 2007.
Goh Siow Cheng began her career with Grant Thornton, Malaysia as an Audit Associate in 2004 and was with the firm until 2010, where her last held position was Senior Manager. She joined Ernst and Young, Singapore as an Audit Manager in 2010 and subsequently left to join Wasco Energy Group of companies as Finance Manager in 2012. In 1 January 2014, she joined the Company as our Financial Controller, and was promoted to Group Chief Financial Officer in 21 April 2017. Goh Siow Cheng brings with her about a decade of experience in accounting and audit for both private limited companies and public listed companies across various industries, including manufacturing, trading, property development, information technology and plantation.
She has no family relationship with any Director and/or major shareholder of the Company and has no conflict of interest with the Company. She has not been convicted for any non-traffic offences within the past five years.

Posted by general t > 2017-04-29 17:33 | Report Abuse

10 mil increase in receivable is not good.
based on the business model direct sales or constant outlets should not have credit term.
anyone attending the AGM please get them to clarify.

Posted by iamgreenninja > 2017-04-29 18:38 | Report Abuse

Notice of Sixth Annual General Meeting

Date of Meeting : 26/05/2017
Time : 10:00 AM

Venue :
Melati Room, Hotel Bangi-Putrajaya
Off Persiaran Bandar
43650 Bandar Baru Bangi
Selangor

Date of General Meeting Record of Depositors : 22/05/2017

Posted by klsefighter > 2017-04-29 21:31 | Report Abuse

Bro tkp2 your prediction of Biohldg share price of 35 cents at the end of April seems fail , now let 's see bro Unicorn 's prediction of share price moving before mid of May accurate or not ?

Posted by Yipipang > 2017-04-29 22:19 | Report Abuse

Based on pass trend not easy to push up so fast. Unless some news annouch, like confirm move to main board.

Posted by Yipipang > 2017-04-29 22:21 | Report Abuse

But I also hope can move up.. I holding 1000lot here, at price 0.267. This move can make me earn small angpow for travel.

Posted by De Zhi > 2017-04-29 22:28 | Report Abuse

i will go to the agm and definitely will ask about trade receivable
i have alot of the other question too
any 1 else have any doubt can post here i will try clarify with director also during AGM

Posted by Yipipang > 2017-04-29 23:06 | Report Abuse

Dezhi thanks. Pls help to focus on the debtor stated more than 180days increase around RM5m. Risky part is here. Although they have mention the note that all debtor is have good pay back record. What business have credit term more than 180days. Cash flow how to turn around..

Posted by iamgreenninja > 2017-04-30 01:29 | Report Abuse

De Zhi - Bro, thanks a lot! Grateful if you could let us know about the trade receivable.

Posted by ChasingDreamz > 2017-04-30 01:53 | Report Abuse

Anyone wanna live-update service at AGM at cheap price?. email me agmservicemalaysia@gmail.com.

Posted by Apollo Ang > 2017-04-30 02:07 | Report Abuse

this counter no want lah, others can or not?

Posted by Yipipang > 2017-04-30 12:55 | Report Abuse

During IPO, William had mention about open pharmacy, business with Angkasa, sign MOU to explore UAE country market. First 2 mention is done. How about the UAE market, spending power there is strong. Is good to growth bioalpha business. But right now no news about this.

Posted by general t > 2017-04-30 21:20 | Report Abuse

hope not another version of "transmile air".
make sure the management give a clear answer about trade receivable.

sales figure could be massage through ' fake trade receivable'

Posted by slng > 2017-05-01 12:48 | Report Abuse

They won't do massage in open floor like that. If it's meant to hide, it would have sip somewhere else. But it's important to know what this is for such sum

Posted by iamgreenninja > 2017-05-01 13:09 | Report Abuse

General t, Sir! Permission to launch water bomb this week to rocket Biohldg to 0.30 this week....

Posted by general t > 2017-05-01 15:18 | Report Abuse

permission granted. carry on !!

Posted by richardlee > 2017-05-01 17:46 | Report Abuse

Technically, share price look like got interest but not ready to make big moves yet. Guess have to wait a bit. Lets see how AGM and results go.

Posted by iamgreenninja > 2017-05-01 18:26 | Report Abuse

ok. Let's hope for a good week ahead!

Posted by happycool > 2017-05-01 18:48 | Report Abuse

When is the Biohldg AGM?

Posted by general t > 2017-05-01 20:23 | Report Abuse

26th May

Posted by ryan7642 > 2017-05-01 20:38 | Report Abuse

this mnth sure got showtime^^

Posted by Yipipang > 2017-05-02 09:03 | Report Abuse

moving today?? let us see together....

Posted by Yipipang > 2017-05-02 09:07 | Report Abuse

not bad leh.. is start moving..

Posted by Yipipang > 2017-05-02 09:08 | Report Abuse

where u all?? let come out to push this blog up

Posted by happycool > 2017-05-02 09:35 | Report Abuse

Goodmorning

Posted by tkp2 > 2017-05-02 09:48 | Report Abuse

Caring results so good, Biohldg should be good as well?

Caring trading at PE30

Posted by Yipi > 2017-05-02 10:30 | Report Abuse

one day up 0.005.. is good ady.. more than this consider as bonus..

Posted by iamgreenninja > 2017-05-02 11:22 | Report Abuse

Missile launched. Bioalpha targeted to hit 0.30 this week.

Posted by hisehatu > 2017-05-02 11:34 | Report Abuse

yeahhh! kaboom! 0.300!

Posted by Yipi > 2017-05-02 12:10 | Report Abuse

Transfer of Listing
A corporation which is listed on the ACE Market may seek a transfer of listing to the Main Market if it complies with any one of the following requirements:

(a) Profit requirements under sub-paragraph 5.02(a)(i). In fulfilling thisrequirement,–
(i) the applicant is not required to comply with the “uninterrupted”profit requirement; and
(ii) where an applicant seeks a transfer of listing to the Main Marketin conjunction with an acquisition of assets resulting in a significant change in the business direction or policy of the corporation, the assets must meet the pro forma and operating history requirements under sub-paragraphs 5.02(a)(ii) and (iii).

(b) Market capitalisation requirement under sub-paragraph 5.02(b)(i). In fulfilling this requirement, the daily market capitalisation (based on the daily volume-weighted average price) of the ordinary shares for the one-year period ending on the last business day of the calendar month immediately preceding the date of submission to the SC must be at least RM500 million; and

(c) Infrastructure project corporation test in subparagraph 5.02(c)(i).

The SC, in considering a transfer of listing proposal via the market capitalisation test, will take into account any past records of unusual market activities or other events which may have adversely affected the fair and orderly trading of the listed securities of the corporation, including any designation or trading restrictions imposed by Bursa Securities for the past one year prior to submission to the SC.

The applicant must comply with the healthy financial position requirements in paragraph 5.08.

Posted by Yipi > 2017-05-02 12:11 | Report Abuse

5.02(a)(i) Profit requirements
The applicant (either at the corporation or group level) must have an uninterrupted profit of three to five full financial years based on audited financial statements prior to submission to the SC, with an aggregate after-tax profit of at least RM20 million and an after-tax profit for the most recent financial year of at least RM6 million. In fulfilling the profit requirements, contributions from associated companies must not exceed those of subsidiary companies.

5.02(a)(ii) Pro forma accounts
Where a listing of a corporation is sought based on the strength of its group, at least one corporation (which is the qualifying corporation) within the group must be able to fulfil the profit requirements. If no single corporation is able to fulfil the profit requirements, listing based on the strength of the group’s pro forma accounts may be considered provided that the corporations within the group which collectively fulfil the profit requirements

5.02(a)(iii) Operating history
The applicant or the qualifying corporation must have been incorporated and operating in the same core business over at least the profit track record period prior to submission to the SC. Where listing is sought based on the strength of group pro forma accounts, the corporation which is the single largest contributor to the after-tax profits of the group on an average basis for the most recent three full financial years, must satisfy the operating history requirements.

Posted by Yipi > 2017-05-02 12:11 | Report Abuse

I believed Bioalpha is meet method 1, profit requirement to transfer from ACE to main board.
But I more hope is method 2 at least market capitalisation 500m. Based on right now share issue 500m / 801m share, share price must be around 0.63. hahaha.. this is impossible la…

Posted by Yipi > 2017-05-02 12:17 | Report Abuse

So what I want to mention here is, MD William mention Bioalpha will make announcement after few months to transfer to main board. I believed this is possible; they are just waiting the audited report. Right now has been issued, or possibility with make announcement to public during AGM. So, how the share price going to be…….?????? Sure will rocket up… pls collect ticket right now.

Posted by Quartz > 2017-05-02 14:20 | Report Abuse

manyak 'kiam siap'..Lol

Posted by mancingbursa > 2017-05-02 15:30 | Report Abuse

MyStock118
Power tariff hike in second half of 2017 still likely
http://www.mystock118.com/?p=168621/

Posted by general t > 2017-05-02 15:46 | Report Abuse

??????
WHAT ARE THE MESSAGE HERE ??

Posted by Yipi > 2017-05-02 16:44 | Report Abuse

today will close at 0.27....

Posted by Yipi > 2017-05-02 16:45 | Report Abuse

climb up slowly..

Posted by hewff123 > 2017-05-02 16:57 | Report Abuse

what is d rational to push it down to 0.265?

Posted by msyahid > 2017-05-02 16:58 | Report Abuse

someone sell at 0.265.. hihi!

Posted by Yipi > 2017-05-02 17:01 | Report Abuse

haha... busy whole day.. last minute push back to 265

Posted by SapuKaki > 2017-05-02 17:22 | Report Abuse

This shark really funny lo..but me like it...i wonder how long they gonna mess up with our head like this... haha....its like a dejavu..keep repeating day by day all over again.

Posted by iamgreenninja > 2017-05-02 17:25 | Report Abuse

This shark likes to play slow and steady. Everyday push up half a sen. Ya, this is one funny shark. :)

Posted by IncredibleThings > 2017-05-02 18:50 | Report Abuse

Let them accumulate more then the more will come

Posted by IncredibleThings > 2017-05-02 19:10 | Report Abuse

When can it fly like dnex?

Posted by hisehatu > 2017-05-02 20:14 | Report Abuse

tak payah petik "shark". diorang bz goreng DNeX.. BIO takdak dalam list.

Posted by klsefighter > 2017-05-02 20:49 | Report Abuse

Temporary forget about Biohldg and go play other share first just like bro pkt2 , let sharks play themselves... Kikiki!