Posted by beginner > 2020-07-25 07:10 | Report Abuse

will become penny stock again, 2c most probably

Posted by amidzham85 > 2020-07-25 07:25 | Report Abuse

Look at the candlestick. Its a Shooting Star signalling reversal. Probably Monday onwards the price will retrace until the next reversal. But guys..this is not major reversal. Its on the uptrend already. Advantage for those who bought to keep. For contra...plan your cut loss properly

Posted by wickedlion > 2020-07-25 07:59 | Report Abuse

Good. Profit taking drives the retracement but could bounce back because of re-entry for upside potential

Posted by ionlywanttoearn > 2020-07-25 08:20 | Report Abuse

Plz plz plz
Sleepless yesterday night

Posted by pineapple123 > 2020-07-25 08:47 | Report Abuse

Slight profit taking happened on Friday. If can go below 20c I am going to sell my underwear and pisang for all in!

Posted by UgoMoney > 2020-07-25 08:48 | Report Abuse

Insider bought at 0.295 for 80 million shares...plan to sell on Monday for 0.375-0.38 range. So those trapped make plan to exit early before price drop again. Those wait long term can exit at 0.4-0.5+ range. This company make plan to maintain company shares between 0.27 to 0.4. Thank me later.

Posted by amidzham85 > 2020-07-25 08:52 | Report Abuse

Wickedlion agree with you. Let see how buyer can push back.

Ionlywanttoearn, chill buddy. I also experienced losses before. Losing is not the end, take it positively as lesson learn. There’s thousand more counters that can make profit too. No worries la buddy. Plan your recovery first. Later on make more profit again.

Posted by B4b4 > 2020-07-25 08:55 | Report Abuse

It is a 5 year contract worth RM 2.1 B, to supply BioAlpha products in China. Worth to buy long term.

Posted by pineapple123 > 2020-07-25 09:00 | Report Abuse

Wah, Ugomoney betulkah

Posted by pineapple123 > 2020-07-25 09:06 | Report Abuse

Biolhdlg will soon be RM1 like always the case.

Posted by UgoMoney > 2020-07-25 09:08 | Report Abuse

People should not worry about this company, now they got big contract all eyes on them. They have to maintain certain reputation and would not let market cap fall too low. Yesterday was as a result of continues profit taking from Thursday. If the price fall too low and it affect market cap, then company have to step in and buy back their own stock. My advice buy and hold long or if trapped at high price average down and hold long.

Posted by wickedlion > 2020-07-25 09:13 | Report Abuse

@amidzham85 2-days break give people a lot time to think back and hard for re-entry decision. Any news can really impact the mood. Unless, buying interest remains high and thematic buying prolonged, upside can be real. I don't expect upside will be as high as at the beginning at this point but come monday who knows what come to play.

Posted by vinvin > 2020-07-25 09:17 | Report Abuse

See u all on Monday, good day ....up up up!

Posted by pineapple123 > 2020-07-25 09:25 | Report Abuse

Ugomoeny, where did u see the 80mil purchased on Friday ?

Posted by super_newbie > 2020-07-25 09:26 | Report Abuse

Worst case go back 18-20c with fair PE for a healthcare stock. Agreement commence by Sept, if no see result in Q4 report then decide to hope for growth or quit loh simple.

Posted by Batman888 > 2020-07-25 09:35 | Report Abuse

Weekly chart is supeeerrr bullish. Worth to see next 1-2 days candle to decide keep or sell

Posted by pineapple123 > 2020-07-25 09:38 | Report Abuse

A lubang told me it will go another 49c

Posted by ionlywanttoearn > 2020-07-25 10:03 | Report Abuse

Hahahha
Pineapple I like ur statement
A lobang told me Rm 0.4
Later will push again once fund collect enough

Market sentiment also low now
Monday if everything goes well
Rm 0.4 not a dream

Posted by amidzham85 > 2020-07-25 10:37 | Report Abuse

Wickedlion, possibly yes.But that depends on what it will be for the incoming new or at least a rumor. Thats y to be safe, we should look on the technical side also. At least we can be prepared. On top of everything, adat la jadi macam ni bila main trading hahaha.

Posted by cskek81 > 2020-07-25 10:37 | Report Abuse

If down back to 20 cents, what is the use of the big deal contract?

Posted by princehero > 2020-07-25 11:03 | Report Abuse

Logically, it should go to at least 40cent.. if look back at past record, few years back eps around 0.44 oso share price around RM0.20 plus.. with this contract become reality, eps at least 1.0 plus.. Then should be RM0.40 plus ..furthermore company had confirmed to bursa in Friday its contract.. now so much liquidity in the market, any good deal will attract attention .. so ready for upside folks .. good luck

Posted by princehero > 2020-07-25 11:06 | Report Abuse

Not to mention with current covid19 n new viruses, more Chinese ppl will focus on supplement to boost up immune system.. in Malaysia we have noticed lately, all vitamins n health supplement being out of stock cos too much demand ..

Posted by ionlywanttoearn > 2020-07-25 11:08 | Report Abuse

Yes
I think that's the reason why china desperately give this contract to a small cap company in malaysia
They inner demand unable to support already
Need to outsource

Posted by stockraider > 2020-07-25 11:08 | Report Abuse

U must ask yourself what happen the chinese party did not buy the volume or very much smaller volume from Bioalpha...is there any compensation clause leh ??

If no why not ??
Are these people very serious in ensuring fulfilment of the contract ?

Posted by ionlywanttoearn > 2020-07-25 11:13 | Report Abuse

Within 2 month to start shipment
I believe this contract is in hurry
Alot details not complete

But also mean
The contract start commencement
Fulling the contract would bring in the money
Also also to let China to know this company
Open up the door of opportunity

Posted by princehero > 2020-07-25 11:13 | Report Abuse

China have 1.4 billion ppl.. If 0.01% purchase oso this company will be filthy rich..

Posted by princehero > 2020-07-25 11:14 | Report Abuse

Most important can jv with Chinese company n the penetration to the local market will be easy.. If Bioalpha can produce good products, just imagine the potential..

Posted by princehero > 2020-07-25 11:17 | Report Abuse

The middle class are around 500’million ppl.. their purchasing power r strong .. as u know Chinese likes to take supplement n herbs.. it’s the culture ....

Posted by stockraider > 2020-07-25 11:19 | Report Abuse

But they talk big, raider don like THEY tipu like that mah..!!

MOST IMPORTANT IF CANNOT FULFIL CONTRACT HOW ?
WHAT IS THE PUNISHMENT & COMPENSATION LEH ?


Posted by stockraider > Jul 25, 2020 11:08 AM | Report Abuse X

U must ask yourself what happen the chinese party did not buy the volume or very much smaller volume from Bioalpha...is there any compensation clause leh ??

If no why not ??
Are these people very serious in ensuring fulfilment of the contract ?



Posted by ionlywanttoearn > Jul 25, 2020 11:13 AM | Report Abuse

Within 2 month to start shipment
I believe this contract is in hurry
Alot details not complete

But also mean
The contract start commencement
Fulling the contract would bring in the money
Also also to let China to know this company
Open up the door of opportunity



Posted by princehero > Jul 25, 2020 11:13 AM | Report Abuse

China have 1.4 billion ppl.. If 0.01% purchase oso this company will be filthy rich..



Posted by princehero > Jul 25, 2020 11:14 AM | Report Abuse

Most important can jv with Chinese company n the penetration to the local market will be easy.. If Bioalpha can produce good products, just imagine the potential..

Posted by princehero > 2020-07-25 11:20 | Report Abuse

Lately the company sold the treasury shares as I believe they need extra capital at hand to fund this n not becos there’s something wrong.. If after 5 years they did a good job, the contract more or less long term will be theirs n in fact can attract other potential in China...

Posted by stockraider > 2020-07-25 11:22 | Report Abuse

THEY SELL THE TREASURY SHARE QUICKLY BCOS THEY KNOW LATER WHEN THE PRICE COME DOWN AGAIN CANNOT SELL ANYMORE AT A LOSS MAH...!!

Posted by princehero > Jul 25, 2020 11:20 AM | Report Abuse

Lately the company sold the treasury shares as I believe they need extra capital at hand to fund this n not becos there’s something wrong.. If after 5 years they did a good job, the contract more or less long term will be theirs n in fact can attract other potential in China...

Posted by princehero > 2020-07-25 11:22 | Report Abuse

I always believe anything that can be sold to Chinese market deserve attention .. All products that Malaysian can produce n China needs like glove all spike..

Posted by princehero > 2020-07-25 11:23 | Report Abuse

Today I’m just sharing what I believe .. Up to all to decide ... best wishes .

Posted by stockraider > 2020-07-25 11:24 | Report Abuse

I THINK THEY CAN SELL MAYBE RM 10 TO 20M A YEAR MAH...!!

THE FIGURE THEY MENTIONED ARE JUST CAKAP BESAR WITHOUT PROPER BASIS LOH....!!

Posted by stockraider > Jul 25, 2020 11:19 AM | Report Abuse X

But they talk big, raider don like THEY tipu like that mah..!!

MOST IMPORTANT IF CANNOT FULFIL CONTRACT HOW ?
WHAT IS THE PUNISHMENT & COMPENSATION LEH ?


Posted by stockraider > Jul 25, 2020 11:08 AM | Report Abuse X

U must ask yourself what happen the chinese party did not buy the volume or very much smaller volume from Bioalpha...is there any compensation clause leh ??

If no why not ??
Are these people very serious in ensuring fulfilment of the contract ?


Posted by princehero > Jul 25, 2020 11:22 AM | Report Abuse

I always believe anything that can be sold to Chinese market deserve attention .. All products that Malaysian can produce n China needs like glove all spike..

Posted by Newbie03 > 2020-07-25 11:28 | Report Abuse

So most importantly whats the share price will be on monday?

Posted by Playmaker > 2020-07-25 11:30 | Report Abuse

Monday drop

Posted by princehero > 2020-07-25 11:32 | Report Abuse

No one knows what will happen next week... as long as got potential n seems to have value, waiting should be ok...

Posted by ionlywanttoearn > 2020-07-25 11:43 | Report Abuse

Friday Market sentiment low
So possible due to that reason

Posted by JK22 > 2020-07-25 11:46 | Report Abuse

stockraider ... I am too not very confident to in so much here. Anything to do with China firm , on them being buyer . They can just give a statement , and everything can go on hold. See those years suffered by Bird nest producers . High order ,sudden drop , reject and etc.

Here given 5 years contract , but annual renewal ? Why not just say a year contract instead

https://www.theedgemarkets.com/article/bioalpha-active-surges-39-rm21b-contract-supply-health-food-products-china

Posted by Aries > 2020-07-25 11:49 | Report Abuse

At this point in time with the global economy hit by the pandermic, Biohldg is very secured with this contract. Its earning is assured at least for the next 5 years. It is good to look at long term investment in Biohldg instead of short term share price fluctuation. It will worth more than its current price.

Posted by princehero > 2020-07-25 11:57 | Report Abuse

It’s oso supply to public sector in China ... The most basic item no matter how is food... whatever the economic condition, food is the most basic necessities...

Posted by stockraider > 2020-07-25 12:02 | Report Abuse

ALL THESE BASICALLY I AGREE LOH...!!

BUT INTIAL START UP RM 10M TO RM 20M POSSIBLE...!!

HOWEVER THE FIGURE THEY QUOTED OVER EXAGGERATED EVEN IF NESTLE SELL AS A START UP THEY CANNOT SELL CLOSE TO SUCH FIGURE LOH...!!

Posted by princehero > Jul 25, 2020 11:57 AM | Report Abuse

It’s oso supply to public sector in China ... The most basic item no matter how is food... whatever the economic condition, food is the most basic necessities...

Posted by princehero > 2020-07-25 12:13 | Report Abuse

Without contract it’s RM0.18... with such a huge n high potential contract , it’s unreasonable to be RM0.295... Let’s wait n see.. at the of the day, it’s how much it worth..

Posted by super_newbie > 2020-07-25 12:16 | Report Abuse

Flooding hit badly at China including Guizhou province. That is why China company no choice but to outsourcing the health food ingredients. They buy on Bioalpha's farms, plantations, R&D, processing & manufacturing, retail and trading. No harm to hold at current price, health food definitely will become a future trend if you aware that median age is getting higher and higher.

Also, since caring pharmacy is delisted, Bioalpha might be the only retail pharmacy business in Bursa, correct me if I'm wrong. It's part of essential sector if another MCO kick in.

Posted by wickedlion > 2020-07-25 12:31 | Report Abuse

Even without the 2.1b contract, biohldg still making profit based on previous annualized income statement. Price peaked around 275 cent in 2018 when it made the highest revenue and profit since 2016. Upside is so real.

Posted by oskchoon > 2020-07-25 12:40 | Report Abuse

Monday is T plus two payment day for last Thursday huge volume of 200 millions shares traded, be careful force selling...

Posted by wickedlion > 2020-07-25 12:43 | Report Abuse

@oskchoon thanks for the tip. This is opportunity for re-entry also for those who have deep contra account.

Posted by Playmaker > 2020-07-25 12:48 | Report Abuse

Force selling will happen for sure

Posted by Fabie > 2020-07-25 12:55 | Report Abuse

@super_newbie

Caring has been acquired by 7-11.

Posted by princehero > 2020-07-25 12:59 | Report Abuse

Will the sharks waiting for Monday to pick up cheaply?