Don't count you chicks before they hatch. It takes 3 - 5 years to complete the project. Unless they get more contracts from China, all this amounts to nothing. At this moment it only looks good. It needs more orders which seems very likely. Anyway, just wait and see
Don't get your hopes up. This counter will take a while to ascend. It's premature to say it would benefit from BFA. It has to improve its cash flow first.
Bio has exposure in China. In fact if it works out well, it will be greatly rewarded. However, the reopening in China and its effect on the micro economy is still sputtering. They are waiting for the government to kickstart the economy with some stImulus package
This stock will take time. Just observe the next few quarters. China stimulus will boost the micro economy. Bio will benefit from China companies who produce for China market. Internal consumption is the focus now
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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....
SSRevolution
92 posts
Posted by SSRevolution > 2023-03-31 14:52 | Report Abuse
Bioholding is back?