14-Aug was the highest volume of this week with price hit 2 months high @0.265, need time to consolidate. Good to see volume going down but still stay above 20d MA with a T today :D
Technically, upward trend still intact. Last round uptrend lasted 5 months from 0.205 to 0.285 (>30%). If this round uptrend can last long, probably need to hold for many weeks... :p
sorry guys I cant post it here , the apps feature had prohibited me to copy and paste here basically the content is about interview between the busy weekly with bioalpha director william hon
william hon is aiming to have largest pharmacy chain in malaysia , on par compare with guardian , watson , caring aiming to have 30 branch this year in next 3 year , aiming to have 100 branches
William say , although he know the pharmacy chain is very competitive , but the acquaintance of constant is necessary to promote their health brand and they are different from guardian / watson , as they have own brand and own supply , hence will have higher margin compare to those
william mention soon we will heard about news of merger and acquaintance of pharmacy to accelerate the growth of constant pharmacy
recently they just have right issue and ask for 20 million of money half of it , 10 million will use in plantation
this is important because the source of traditional medication if very hard to get in malaysia , mostly from small farmer
they want to ensure the supply is good , free from pollution as they planted themself , and once all the plant mature , they can supply their own traditional plant and even export it
for e-constant , they aiming to have 10 thousand member by end year this 10 thousand of member will bring revenue to new high and will make financial year 2018 revenue to be double
currently already thousands of e-constant member registered peak of registration for now is 100++ per week
from q1 onward , their indonesia plant is fully operated in the indonesia plant there is large empty plot beside the indonesia factory , they will ready to expand the indonesia factory by next year by next year q2-q3 they will need to expand the indonesia factory because demand from indonesia is huge , and current factory will not enough to supply the demand and also indonesia plant help in shorten the product registration time to only 3 months
for china , they also got alot of order from muslim population there order from china is constant estimate around 50million of muslim population from china
William mention , alot of fund manager had requested bioalpha to be transfer to main board as they cant buy bioalpha due to regulation and relatively small cap company william say they actually qualified for main board and even submitted the form to bursa however at the end they found out the cost of transfer is 1 million , which is alot in view of last year profit is only 8million ++
they would like to wait for annual report 2017 to be audited and then only submit the transfer request again
currently there is around 10 institutional fund having bioalpha share this had trigger the busy weekly to follow up and interview this company as bioalpha is small cap and ace market , very unusual for small cap ace market to have so many insitutional fund
and also bioalpha have 3 goverment group back up ( khazanah 10% , PNS 10% , MTDC 10% ) which make thing alot easy ( registration , platation farm )
william say during ipo they propose to distribute 30% of profit to shareholder , however due to large share pool , many shareholder complaint the dividen is too little hence they have bonus issue on 2016
in future , they will work hard and will find way to reward shareholder , for both win win situation
wow,sound great! but waiting annual report to be audit then only submit aplication of transfer to main board.again, mean transfer of.main board.will occur on this year?
very informative. Good one. so my target price Rm 1.00 should not be any problem any more. now set to Rm 2.00 , if have to keep for 5 to 10 years also never mind
Good info. But he didn't talk about his team capability. I saw only 2 persons can perform. Look at the GM, it's fr telco background. That need to be improved as well.
Yipi i really go to sleep just now.....after i saw bio shot until 0.27...i continue back sleep...hahhaa....already told u guys looo dont simply sell loo...seee they are sapu again...
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Posted by Yipi > 2017-08-18 21:50 | Report Abuse
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