Possible for further recovery. BIOHLDG is attempting to break out from its current sideways channel. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in the near term. Should resistance level of RM0.125 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance levels of RM0.130 and RM0.140.
However, failure to hold on to support level of RM0.105 may indicate weakness in the share price and hence, a cut-loss signal.
Why you worry when the director is selling off his stake? He is just an accountant but with CEO title. He is selling off his stake is because he feel that he cannot manage this company with plenty of medical terms. He got no business acumen and just a normal trader who trade this company unethically. So just resign as CEO and go away. I bet you are serving huge interest losses and if you still have not clear all pledged shares. Please dispose it all by all means.
Pursuant to Rules 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Bioalpha wishes to announce that the following offer and grant of options to eligible persons to subscribed for new ordinary shares in the Company (“Options”) under the Share Issuance Scheme of the Company (“SIS”).
essential services like pharmacy and health supplement will be the next industry to move first. a lot of potential upside cause increasing demand and awareness.
If all options is excercised, more dilution to EPS & will push up the PE ratio. Hope the business can generate more profit to maintain EPS. We as minority shareholders will pay for the ESOS in terms of dilution of our shares and impact to bottom line. The directors took advantage of a crisis by issuing ESOS at a low price. Not wrong, but questionable.
The ESOS was approved during AGM. The ESOS will dilute minor shareholder holdings and add quantity of shares % back to the company. Bare in mind, huge amount allocated to a single person and the vesting period was not defined, meaning the person with big no of shares can cash out anytime and cause the price drop. Good luck!
The CEO will be received ESOS 50mil shares at 10.5sen. Having said that he will only exercise it when the share price is above 11sen because this accountant is short-sighted and want to have fast money.
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 791 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....
Tedjfkdsj
152 posts
Posted by Tedjfkdsj > 2020-04-15 13:06 | Report Abuse
Tomorrow below 0.10