Strong close for mother.. but for son still volatile since so many contra will play with son.. but next week very high potential to open higher for both.. unless bad sentiment is raised during weekend..
dnex mother share 0.4, son wil around 0.2. but bioapla mother 0.265, why son will so close to mother share? mother share is stil under value. shld be closed 0.3 above today
It all about risk management, BIOHLDG definitely a good business with right market and growth momentum.. when two weeks ago i posted here and recommended the WA instead of mother as you can see the gearing by that time giving much leverage power and gain
why not choose mother back then? well mother is good , but just warrant is much attractive as growing stock seldom give out dividend since they need cash to growth, and they just give out bonus and right issues end of last year... so wil be unlikely to deliver those kind of benefit in near term
Health and supplemental business is the current trend! whats more? BIOHLDG main focus market now is CHINA, INDONESIA, and of course locally.. what cross my mind is the business doesnt affected much by the unstable global political issues, or even the US rate hike
and guess what? their business in CHINA just started to booming on last quarter.. again few data on CHINA consumer sector confidence level, how much Jack Ma earn on 双十一, and Mastercard business recording historical high on recent CNY expenses, the China market is recover on its growth!
KUALA LUMPUR: Bioalpha Holdings Bhd’s proposed rights issue of 133.33 million shares, with free warrants attached, was oversubscribed by 22.1%.
In a statement, the ACE Market-listed health supplement company said it would raise gross proceeds of about RM26.7mil.
Managing director William Hon said the proceeds would allow Bioalpha to grow and enhance its presence in Malaysia, Indonesia and China.
“Most of the proceeds will be used to increase our product offerings and we are optimistic that this will serve as a catalyst to further strengthen our growth and contribute significantly to our profitability in the next 18 months,” he said.
Bioalpha said about half of the proceeds would be utilised to launch 27 new products in Malaysia, Indonesia and China in the next 18 months.
“RM8.5mil will be used to expand our agriculture business operations while the rest will be for capital expenditure, working capital and expenses relating to the proposed rights issue.
“The targeted completion date for the proposed exercise is Jan 10, 2017” it added. - Bernama
Name MR HON TIAN KOK @ WILLIAM Descriptions(Class & nominal value) Ordinary Shares of RM0.05 each Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction Date of change No of securities Price Transacted ($) Disposed 31/01/2017 9,000,000 0.220
Circumstances by reason of which change has occurred Disposal of Shares via open market transaction Nature of interest Direct Consideration (if any) Total no of securities after change
Direct (units) 123,616,807 Direct (%) 15.450 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0.000 Date of notice 31/01/2017
Announcement Info
Company Name BIOALPHA HOLDINGS BERHAD Stock Name BIOHLDG Date Announced 31 Jan 2017 Category Changes in Director's Interest Pursuant to Section 135 Reference Number CS4-31012017-00010
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
IncredibleThings
693 posts
Posted by IncredibleThings > 2017-03-03 16:53 | Report Abuse
Close at the highest. Will monday continue its uptrend? Hahhaha
Whatever, everyone wish u have a nice weekend, congratz to anyone and wish next week can earn some more big