So far biggest stock in portfolio la, current price very attractive to topup.. waiting RI price fixing also. Maybe another 1 month++ until bursa approved since the application not submitted yet.
On behalf of Bioalpha, TA Securities wishes to announce that the additional listing application in relation to the Proposed Rights Issue of Shares, Proposed Rights Issue of ICPS and Proposed Placement of ICPS has been submitted to Bursa Securities on 20 January 2021.
@luckypunting: thanks, my mistake to read wrongly :( Looks like 0.23 will be the final RI price.. if yes this morning's price ~0.21 is something we'll never get again... sigh miss it because read wrongly wtf...
didnt drop as hard as i expected. also one of the largest portion in my portfolio, i had the son as well the ratio of volume of mother and son is 2:1, every 2 mother share i bought, i buy another 1 son. so i really consider sai lang. I really think long term prospect is there. Now just worry the son expiring soon and i might lose huge in the son since the exercise price is higher than the current price.
RI 0.23 is just for reference..can push higher if boss want to collect more capital ... but need some GOOD news to justify the higher share price .. e.g. vaccine approval ... importing 1m ready to inject doses for foreigner... each dose profit RM 100 ... 100m net profit ... hahaha :D
If wanna go for conspiracy theory, market makers/operators can be hired officially by the company itself during listing. Then other market makers can unofficially come and go as well.
In this sense because of RI, the market makers are obliged to maintain the price above 0.23 based on this conspiracy theory.
This Biohld excluding China venture should worth only 12¢, however its price soared to 30¢ last July n sustain around 28¢, 25¢ on news of China venture.....ppl who hold tickets really hope that the venture into China will turn out well.
Dunno how Biohld do business, consecutive 4 Q all losses, one worse than the previous one and worse some more the later Q than the previous quarter...tiao, tiu.
This counter is not the first and definitely not that great of a concern if comes to "how to survive without profit?". Look at the other hundreds of penny stocks out there that is making much more quarterly losses. Better yet, check out other stock exchanges overseas.
And yet one can still take the opportunity and earn from these so-called trash penny stocks! You put money in a counter 'betting' it will go up in share price, fundamentals are just an excuse to justify your purchase and/or risk! Stock market is a betting machine la!
@Scylla: paper loss around 22% percent but had worst counter where paper loss >70%. But at the end recover all capital and earn >10%.
DPI: looks good but volume a bit on the low side. Can invest some and leave it there for long term, potential multiple bagger after few years maybe, thanks for the intro.
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Posted by gghaha > 2021-03-03 11:47 | Report Abuse
the best accountant for CEO role shows....:)