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Why Biolidics share price significantly dropped
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humbleman
Senior |
26-Apr-2020 14:54
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Nanjing Vazyme. Its a repackage " chinese product"   https://www.hsa.gov.sg/docs/default-source/hprg-mdb/biolidics-limited.pdf  
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Trader-101
Supreme |
26-Apr-2020 14:52
Yells: "Don't trust what i say, Trust your decisions. " |
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In home market already Kenna pointed out by PM wife , CEO of Temasek. ( Even 3 yrs old also know that She knows more than retails )  Doesn' t seem to be good for Biolidics reputation  Don' t forget why US distributor only minimum 1.2+ million test kit need buy , surely market demand more than this. And why HK CK Life no minimum amt ? HK no market ? Then why distributor still want ? Maybe HK too small. Worth noting that both US and HK distributor are distributor for PCR test kits as well.  The markets u mentioned all approved many diff types of tests as well  Aytu went up 14.7% while Biolidics from prior announcement of test kits , currently more than 100% gain Bioldiics doesn' t seem to be the original inventor of this test kit as well ( Not sure it bought from the China company or is a distributor for the China company )  Make ur decisions wisely.
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humbleman
Senior |
26-Apr-2020 14:50
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Aytu is the classic buy on rumour. Dont forget haven tested for accuracy in US yet. This is all speculative. 
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Masterwei
Member |
26-Apr-2020 14:46
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government got 10% share in Bio? How did you know?
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lailai
Elite |
26-Apr-2020 14:43
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She' s entitiled to her opinion as an individual in her facebook, just like anyone of us in the forum. She had no specific info, just like us, also no specific info. Wonder whether she knows garmen got 10.67% share in Bio, but this we all know lah. Actually, the market for this test kits in Spore alone cannot make much for kongsi wan. If depend just only for sales here, how much profit can make wan. It' s markets like US, EU, Philippines, etc, where the pandemic lockdown damage is so desperately serious in their huge population economies and livelihood, that huge profits can be made thru use of this rapid test tho less accurate than the tedious lengthy PCR test which everyone knows is the most accurate so far lah. Think every desperate countries want to speed up to unlock their lockdowns as rapidly as they can, by whatever means that are availabe. One can see from videos and written articles how desperate, esp US is to reopen the shutdowns in some states, and the complaints of huge shortage of masks and test kits. Also take a look at Aytu after teaming to distribute Bio rapid test kits in US, just after 1-2 days, its price shot up 14.7%. So likely product well received lah. Just opinion. ![]()
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Trader-101
Supreme |
26-Apr-2020 13:09
Yells: "Don't trust what i say, Trust your decisions. " |
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No use one la lol so many dreamers tried waking them up so long Liao still dreaming  Biolidics like that kenna called out by PM wife not that good for its share price at least in the short term , coupled with major brokerages restricting it. Double whammy  I rmb saying about if don' t have such a big head don' t wear such a big hat lol hope all baby holders get out according to risk appetite.  Question is why so many rushed to buy at 88 cents when the previous closing was only 75.5 cents ... puzzled.  Greed Really Kills 
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ken777
Veteran |
26-Apr-2020 12:58
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True, your advice actually help to sound a bell.  I think the only good news if test kit become mandatory to do a self testing become going out/economy opening up just like a mandtory to use mask when outside. It does mean mask it 100% fail safe likewise for test kit.  It help to reduce the chance of infections to healthy individual. May be the company can look into that direction
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humbleman
Senior |
26-Apr-2020 12:57
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I hope many people did not buy on leverage. Or they will go broke. 
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Trader-101
Supreme |
26-Apr-2020 12:54
Yells: "Don't trust what i say, Trust your decisions. " |
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I went out around this price Liao Hahaha then I kept quiet until it ran up to 70 cents I started to warn  They earn millions lol accumulated a lot below 30 cents sell above 60 cents already doubled 
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ken777
Veteran |
26-Apr-2020 12:52
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Haha I remember at 40 cent you still in this stock, day 2 of it run. Yeah it went up too fast and furious, really dangerous. Imagine BB use almost 1 month to push up high and half an hour to shot it down. How much they have earn
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gravity8888
Supreme |
26-Apr-2020 12:48
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Hopefull will prevent more newbie from getting suck into this counter.. | ||||
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Trader-101
Supreme |
26-Apr-2020 12:46
Yells: "Don't trust what i say, Trust your decisions. " |
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Lol 40 cents back then have a lot more room but when reach 70 cents it' s just a bomb Haha Expensive baby and dangerous baby to be holding onto right now 
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uiop1223
Supreme |
26-Apr-2020 12:46
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Look at creative xfi. It won many awards. To date, what is the sales figures? Test kits manufactured by so many suppliers. Its not like biololics got a patent for test kit worldwide
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ST3-trading
Senior |
26-Apr-2020 12:45
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Why she post this kind of thjngs | ||||
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ken777
Veteran |
26-Apr-2020 12:44
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Haha why you didnt warn since 40+ cent, now it at 40+ cent only..
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gravity8888
Supreme |
26-Apr-2020 12:43
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Aiyo temasek where will buy this counter when up.. They will be there even before the price is up and not when it up.. | ||||
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ken777
Veteran |
26-Apr-2020 12:43
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This is bear news to the company | ||||
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Justice888
Supreme |
26-Apr-2020 12:41
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Biolidics share price up then crash came to her attention?
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Trader-101
Supreme |
26-Apr-2020 12:41
Yells: "Don't trust what i say, Trust your decisions. " |
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By the way I remember some was playing around with the idea that Temasek will buy out bio right ?  Hmm Temasek Chairman say Antibiotics test until like that , they will buy out or invest ?  Interesting , hope more dreamers wake up ... I warned since 70+ cents before the drop  |
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gravity8888
Supreme |
26-Apr-2020 12:40
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Wow bio sure drop to where it come from... Back to earth | ||||
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