Tq Zepan. Now important is the quarter result must improved. As the free float share is not many. Seller q also not huge. Tp 0.300 should be achievable. AGM is coming, major shareholders will continue buying to take control the vote.
They dont sell Tongkat Ali or Collagen to government la. As i know all ODM sale come from renown local and international brand owners and Constant sale also from retailers (ald established more than 20 years )
Bionexus is similar to tax incentive given by MIDA to encourage company to invest further in industry. Thousand of co has been given with this tax incentive .
According to Bioalpha AGM & news release, agricultural division contribution is still non substantial at the moment. Anyway they use the land for farming not construction / development. I don’t think new government will stop these kind of job creation activities in rural area & maybe they will even more encourage.
Don't worry according to all major analyst such as maybank, stock market weaken is only few days and shall rebound back immediately. Bioalpha is not a GLC and they are a lot of private company invested by PNB,KWAP, EPF, khazanah, CIMB also.
Results is good. Normally 1st quarter results is not very good. But this time showing a small profit as opposed to a loss in the same period last year. Only issue I have is the sales to China looks like slowing down. That is suppose to be a growing market.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 834 views | 5 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
shortinvestor77
5,487 posts
Posted by shortinvestor77 > 2018-05-02 22:16 | Report Abuse
No body know.