Page 2 The value of supplying health food and nutritional meals supplied is approximately RMB700,000,000 per year (equivalent to RM426,700,000). The duration of the SCA is for 5 years while the duration of PA is until mutual agreement to terminate said Agreement. The PA and SCA are expected to commence by September 2020.
BioAlpha margin is sibeh high punya. Mid teens historically. Assuming a conservative 10% net margin already translates to RM40m PATAMI!!!. And this is additional profit on top of its existing clients!!. Hold and buy more. Surely will attract even more funds interest when transfer to main market. With this new client, the profile looks good enough for Main Market.
IOALPHA HOLDINGS BERHAD ("BIOALPHA" OR "THE COMPANY") - Partnership Agreement and Supply Contract Agreement BIOALPHA HOLDINGS BERHAD
Type Announcement Subject OTHERS Description BIOALPHA HOLDINGS BERHAD ("BIOALPHA" OR "THE COMPANY") - Partnership Agreement and Supply Contract Agreement The Board of Directors of Bioalpha is pleased to announce that Bioalpha (HK) Limited (“Bioalpha HK”), a wholly-owned subsidiary of the Company had on 22 July 2020 entered into a Partnership Agreement (“PA”) with Guizhou Yuhexin Trading Ltd (“GYHX”) and Hainan Shifengfu Co. Ltd (“HSFF”) and a Supply Contract Agreement (“SCA”) with GYHX for the purpose of establishing a business partnership in People’s Republic of China (“China”) that involve health food and nutritional meals , technology transfer, research and development, manufacturing, and trading. Further details of the PA & SCA are set out in the ensuing sections.
Page 2 The value of supplying health food and nutritional meals supplied is approximately RMB700,000,000 per year (equivalent to RM426,700,000). The duration of the SCA is for 5 years while the duration of PA is until mutual agreement to terminate said Agreement. The PA and SCA are expected to commence by September 2020.
BioAlpha margin is sibeh high punya. Mid teens historically. Assuming a conservative 10% net margin already translates to RM40m PATAMI!!!. And this is additional profit on top of its existing clients!!. Hold and buy more. Surely will attract even more funds interest when transfer to main market. With this new client, the profile looks good enough for Main Market.
KUALA LUMPUR (July 22): Bioalpha Holdings Bhd has secured a five-year contract worth 3.5 billion yuan (RM2.1 billion) to supply ingredients for health food and nutritional meals to private and public sectors in China.
Its managing director William Hon said the contract, which is subject to annual renewal, is expected to contribute 700 million yuan (RM426.7 million) to the group’s revenue per year, with the first batch of supply to kick off in September.
“We expect a significant revenue contribution from this contract even for this year, given that the supply will start in September. We will have four months of sales from the contract this year,” Hon said in a virtual press conference today
China population a lot huge. Once penetrate into China with such big really huatttt big lo . Congrats to all those that have . Happy for you all. Hope limit up for you all . One cannot be sour grapes . Sour grape can’t win in mkt !
Has bioaphla pull this kinda stunt before ? Ie trap? I don’t think so I can recall any . Anyway China population so so huge such a size of contract is not impossible . Hope all the best for holders
china so good in producing what ever bioholding is doing...suddenly wanna give so much orders?!!...come on.......its goreng goreng dont invest long term
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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....
Lich
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Posted by Lich > 2020-07-22 15:47 | Report Abuse
lol. itu i don't know. who knows like you said operator punya announcement? But who cares as long as touch 22sen.