Nahhh..Really got news ma..buy low sell high..no penipu yo. got chance enter at what price self determination, throw at what price also self decision,as long as profitable in one week.
Come on guys. Dont think of one day trading only. Think of 2021 year. Vaccine roll out coming soon on malaysia. The future sentiment. With the expected green quarter as well. Now bio got the catalyst you all complaining last time. Just ride and enjoy the show.
1) 1st case, China contract (1 day up and drop the next day). 2) 2nd case, Ritamix contract (After announce, immediate drop) 3) 3rd case, vaccine contract (After announce, immediate drop).
Not sure if anyone remembers, but I recall in one of the video interview with William there is a mention about the profit margin being very small in the China contract. It's only the volume that speaks and not the profit, although the contract will contribute largely to the overall company's sales.
I was surprised to hear that because expecting future superb results, but cannot recall cause the interview was too long. Anyone recall?
Speechless... Con counter at least oso give 1-2 bid up after good news announcement... Then only drop... This 1 straight away drop... Syok oso cannot get. Luckily didnt press.... Good luck to others...
blindikanbilis if not mistaken, 2 b contract with profit margin around 2% for 5 yrs
If that's true, then only profit of RM 8 million a year. That's the best case scenario for this contract. And based on last 3 quarters, the losses already surpassed RM 20 million due to the lock down loss of sales in other countries.
No wonder price cannot move up with such tiny profit margin and the not-so-clear economy recovery which will further impact the overseas sales. Very hard to go back to pre-covid profit margin, not even with this vaccine contract which could be a one-off or small margin as well.
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luckypunting
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Posted by luckypunting > 2021-01-25 15:47 | Report Abuse
there was some Direct insider deal crossed at 0.31 .. I think .. not sure Who can see from their trading platform?