A typical accumulation stage by big players. The only laggard highly profitable nutraceutical player in KLCI. Companies like Kotra, Pharmaniaga, Nova went up a lot after seeing impressive results. MCO is a boom for player like Bio. I believe they delayed the announcement of results to accumulate more shares before it spikes. It should take another few days max before going up higher
Abd Rahim. Private placement is not right issue. They should have ready investor who intend to take up the placement and very likely it will be a new major shareholder.
just relax, prospect is good as the proceeds from the private placement is put to good use (expansion and digitize the sales, meaning more sales coming)
Bio has the potential to be the next Careplus. Careplus made rm1 over million in first quarter and yet price fly multiple times. Gloves stocks hot money will try to find its next target. This stock as all criterias to be the ONE.
Everyone just relax & calm Down... the company sell papers (shares) to raise fund for big show in Indonesia and help push up the price. The Co will slowly and gradually eat eat eat up to 10% ....
aiyo...after so many story repeatly created and still have so many ppl believing it..why no ppl queries where all the money go from previous subscription......paper company lol.....:)
04-Jun-2020 Insider MR HON TIAN KOK @ WILLIAM (a substantial shareholder) disposed 3,000,000 shares on 04-Jun-2020. 04-Jun-2020 Insider TAN SRI DATO' DR SYED JALALUDIN BIN SYED SALIM (a company director) disposed 300,000 shares at 0.140 on 03-Jun-2020. 04-Jun-2020 Insider MR HON TIAN KOK@WILLIAM (a company director) disposed 3,000,000 shares on 04-Jun-2020.
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Posted by KLSEBOTS > 2020-06-04 20:22 | Report Abuse
Already said is o, c, ma company, chop cash and enjoy batu kilat