Posted by Haoger > 2021-05-21 16:53 | Report Abuse

All drop... this no drops...all up...this no up=.=....

Posted by Haoger > 2021-05-21 22:47 | Report Abuse

wants share buyback worr

Posted by chewysoon82 > 2021-05-22 09:43 | Report Abuse

Hope bio can get approval after rights shares listing

Posted by ooi8888 > 2021-05-22 09:45 |

Post removed.Why?

Posted by Scylla > 2021-05-24 00:16 | Report Abuse

Chase in now

Posted by luckypunting > 2021-05-24 09:03 | Report Abuse

Warrant early pricing ... hmmm ... vaccine news coming? :p

Posted by khpwwl > 2021-05-24 10:04 | Report Abuse

b4 shares reach to hand, goreng

Posted by sitisaham > 2021-05-24 10:41 | Report Abuse

Halo newbie here.. I smell opportunity in Bioalpha ICPS.. The Warrants Specialist said ICPS got chance trade higher than warrant.. Article below. Any input from the taikor expert here?


Bioalpha Holdings Berhad recently completed a rights issues of ordinary share and ICPS (Irredeemable Convertible Preference Share). The rights issue was a relatively small one as it was only offered to shareholders based on a ratio of 1 for 15 (for the mother share at 20 sen per share) and 1 for 6 (for the ICPS at 2 sen per share). Based on the company announcement last week, the rights issue was oversubscribed by 55% for the mother share and 208% for the ICPS.

BIOHLDG’s ICPS is a warrant-like instrument that also allows its holders to “exercise” the convertible preference share into the mother share by paying up in cash. The conversion price of the ICPS is 22 sen and its holders can either convert to mother share by tendering 11 units of ICPS or 1 unit of ICPS plus 20 sen in cash. The latter method of conversion turns ICPS into a warrant with an exercise price of 20 sen. Due to the low issue price of the ICPS, cash conversion is most likely adopted unless the ICPS falls below 2 sen after trading.

Due to the market weakness recently, the subscription rights of the mother share (BIOHLDG-OR) and ICPS (BIOHLDG-PR) did not attract too much interest. BIOHLDG-OR ended at a slight “exercise discount” to the mother share which is normally the case with subscription rights. However, BIOHLDG-PR ended its brief trading period on 3 May 2021 at 4 sen while the company’s warrant BIOHLDG-WA, which has a much shorter tenure and higher exercise price than the ICPS, closed at 10 sen on the same day.

The table below are the summary of the profile of the two securities with the price of the ICPS (BIOHLDG-PA) implied from the closing price of BIOHLDG-PR by adding 2 sen subscription price. It should be noted that the price of the mother share and warrant has retreated 6.7% and 15% from 3 May 2021.

BIOHLDG-WA BIOHLDG-PA
Warrant Price : RM0.085 RM0.060
Mother Share Price : RM0.210 RM0.210
Exercise/Conversion Price : RM0.220 RM0.200 or 11 for 1
Expiry Date : 5/1/2022 26/5/2026*
Premium : 45.2% 23.8%
Gearing : 2.47x 3.5x
Historical Volatility : 57.4% 57.4%
Warrant’s Implied Volatility : 137.4% 21.0%
Delta : 0.70 0.76
Effective Gearing : 1.72x 2.67x

Estimated issue date

If the mother share price remains stable, BIOHLDG-PA should trade at a higher price than BIOHLDG-WA. We will know on 28 May when the ICPS starts trading to find out.

Source: http://www.warrants.com.my/english/index.php/english/17-malaysia-warrants/1963-biohldg-new-warrant-like-icps-better-than-biodg-wa

Posted by jupiter > 2021-05-24 10:51 | Report Abuse

today one day show???

Posted by luckypunting > 2021-05-24 11:00 | Report Abuse

those 'sharks' sapu oversubsribed units .... need some news to goreng up?

Posted by FaizalHamzah > 2021-05-24 11:40 | Report Abuse

Bio WA will drop after 28 May?

Posted by Haoger > 2021-05-24 12:15 | Report Abuse

not if mother drops lol I suppose

Posted by Haoger > 2021-05-24 15:17 | Report Abuse

Volume pls come more

Posted by Scylla > 2021-05-24 17:01 | Report Abuse

vaccine only validate from pharma. this sdn bhd won't allow to sell

Posted by Ginduchti > 2021-05-24 18:43 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3159560

Posted by Ginduchti > 2021-05-24 18:43 | Report Abuse

JV agreement

Posted by zwinvest1 > 2021-05-24 20:10 | Report Abuse

Wah Supplying to 201 D'Mart to 2.6m Felda settlers !

Posted by zwinvest1 > 2021-05-24 20:11 | Report Abuse

Very big market and profitable market

Posted by Nadayu > 2021-05-24 20:28 | Report Abuse

JV with RS unggul who is supplier to felda .... this is huge market ..contact value RM 50millions based on yearly basis ....

Posted by luckypunting > 2021-05-24 21:44 | Report Abuse

another selling channels .. good news ... need MORE channels!!

Posted by kok_wai1985 > 2021-05-24 22:01 | Report Abuse

Wah… Again same tactic.
1) Mana RM2.1 billion contract from China?
2) Mana Ritamix?
3) Mana CME Group?
4) Mana COVID-19 vaccine?
5) Now, tambah RS Unggul? Felda market bigger or China market bigger?

Posted by Wong Kah Wei > 2021-05-24 23:51 | Report Abuse

Kept ISSUANCE SHARES !

Posted by sitisaham > 2021-05-25 08:32 | Report Abuse

Wah.. New platform to sell health supplements.. Bioalpha form JV to supply health products/services to 201 Felda supermarkets, reaching 2.6 million Felda settlers.. Will see increase in sales?

Bioalpha inks deal to supply health products to 201 Felda's D'Mart stores
https://www.nst.com.my/business/2021/05/692758/bioalpha-inks-deal-supply-health-products-201-feldas-dmart-stores

KUALA LUMPUR: Health supplement company Bioalpha Holdings Bhd (BHB), through its wholly-owned subsidiary, Botanical Distribution Sdn Bhd (BDSB), signed a joint venture (JV) agreement with RS Unggul Sdn Bhd (RSU) for the issuance of 4.9 million new ordinary shares in RS Bio Sdn Bhd (RBSB) to GV Global Venture Sdn Bhd (GVG), an associate company of RSU.

RBSB is a JV company between BDSB and RSU.

Upon completion of the allotment of new RBSB shares, BDSB shall hold 51 per cent stake in RBSB, while the remaining 49 per cent stake is held by GVG.

RSU is principally involved in the manufacturing and supply of agriculture and food products, including but not limited to groceries, pharmaceutical products, medicines and original equipment manufacturer (OEM) health supplements.

The company currently has about RM20 million supply contracts on hand, with the potential to secure up to RM50 million worth of new contracts in the next 12 months.

One of RSU's major customers is Koperasi Permodalan Felda Malaysia Bhd (KPF), the cooperative controlled by Federal Land Development Authority (Felda) settlers.

KPF owns and operates a chain of 201 D'Mart convenience stores nationwide located within Felda settlements, with 187 outlets in Peninsular Malaysia and 14 outlets in Sabah.

These shops serve some 2.6 million Felda settlers and their families, comprising approximately 200,000 households.

Further, RBSB will therefore undertake the supply of a wide range of over-the-counter (OTC) products, health supplements, functional foods and grocery offerings to RSU's customers, including KPF's 201 D'mart stores.

With orders firmly in hand following the JV agreement, BHB shall immediately manufacture and supply various health supplement and functional food products under original design manufacturing (ODM) basis, including Tongkat Ali coffee, Choco Malt and Royal Milk Tea premixes.

BHB managing director William Hon said the tie up with RSU will enhance the range of offerings, including those supplied to D'Mart convenience shops.

"The JV arrangement aligns both companies to better serve the people of Felda, leveraging on each party's expertise and experience to grow both businesses.

"As RSU is an existing supplier to KPF, we shall leverage on the company's established network to carry and introduce health food and supplement offerings to the Felda settlers," he said in a statement today.

He said for BHB, this collaboration will broaden the company's distribution reach to D'Mart stores.

"As we progress along, we look forward to serving the Felda settlers while positioning the Group for future success," he said.

Posted by Haoger > 2021-05-25 10:27 | Report Abuse

Yea up up up boyss

Posted by luckypunting > 2021-05-25 10:32 | Report Abuse

goreng tickets .. short term indicator bullish..

Posted by khpwwl > 2021-05-25 10:35 | Report Abuse

sure goreng before shares reach to hand

Posted by Haoger > 2021-05-25 11:57 | Report Abuse

Son is cheap discount 99

Posted by jupiter > 2021-05-25 11:57 | Report Abuse

one day show again

Posted by Haoger > 2021-05-25 12:12 | Report Abuse

2 day show

Posted by Scylla > 2021-05-25 12:14 | Report Abuse

haha should up rm0.1 like this

Posted by jupiter > 2021-05-25 14:13 | Report Abuse

when can see bio limit up

Posted by skajflka > 2021-05-25 15:00 | Report Abuse

mimpi la bio LU

Posted by kok_wai1985 > 2021-05-25 15:23 | Report Abuse

1) Mana RM2.1 billion contract from China?
2) Mana Ritamix?
3) Mana CME Group?
4) Mana COVID-19 vaccine?

Posted by Eastern686 > 2021-05-25 15:32 | Report Abuse

Ban ban laa, ban ban laa, mmm.mai.kintiong.

Posted by sprite_888 > 2021-05-25 15:40 | Report Abuse

one day show lagi ar...? aiyoyo, bila akan naik leh?

Posted by jupiter > 2021-05-25 15:53 | Report Abuse

sad

Posted by amateurJR > 2021-05-25 18:53 | Report Abuse

Constock

Posted by kok_wai1985 > 2021-05-25 19:14 | Report Abuse

Bioalpha and Ritamix have no relationship at all. Ritamix share up, doesn’t mean Bioalpha will up.

Posted by kok_wai1985 > 2021-05-25 19:20 | Report Abuse

Ritamix is kacang puteh for Bioalpha.

Posted by kok_wai1985 > 2021-05-25 19:20 | Report Abuse

More interested to see contribution from China contract of RM2.1 billion.

Posted by kok_wai1985 > 2021-05-25 19:22 | Report Abuse

This quarter will know. If green, will be good. If red, game over and hope for another quarter to be green.

Posted by luckypunting > 2021-05-25 19:33 | Report Abuse

Bioalpha and Ritamix have no relationship at all? Hmmmm ... sorry kok_wai1985, never thought the news has offended you ..... I will remove the sharing ..

Posted by luckypunting > 2021-05-25 19:35 | Report Abuse

* the sales sharing removed *

Posted by kok_wai1985 > 2021-05-25 19:37 | Report Abuse

Haha…. Why so serious? No need to sorry. This public forum. You can comment, I can comment.

Posted by kok_wai1985 > 2021-05-25 19:38 | Report Abuse

Sama-sama share your opinion.

Posted by Haoger > 2021-05-25 20:16 | Report Abuse

We all victims of this counter :D no need argue

Posted by kok_wai1985 > 2021-05-25 20:55 | Report Abuse

Betul awak.

Posted by Rishi > 2021-05-25 23:57 | Report Abuse

Guys that's totally true, sharing is good and people should take those sharing as pinch of salt. There is no point if you argue upon it. Either you take it or let it be there. Don't be so emotional. Everyone wants to earn money especially the retail investor. Trust me no fund manager would come here and start to write anything.

We as a retail investor should support each other. Well, Bioalpha indeed looks partially do more talking rather than action. Lets see in couple of days of the spike. I totally lost hope in this stock as the BOSS is manipulating the whole market.

Posted by CynicalCyan > 2021-05-26 09:16 | Report Abuse

"Why Is This Company Is Still So Cheap In Valuation?"

Cheap? Not really.

But there are obvious reasons why analysts shun this stock.

Track record of profitability isnt as strong as other stronger companies.

Business model isn't as exciting as tech stocks.

Inventories of herbal plantations will be a liability if sales are lacking.

But Khazanah sees value in it.

Posted by AlfI3 > 2021-05-27 02:59 | Report Abuse

Agenda byk, yg jadi laksana belum ada operasi lagi, Pakai cakap aje utk syiok semua dulu