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Why Biolidics share price significantly dropped
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I already say they trying their luck. If someone tells trump aytu test kit is made in China, you think he will approve the funding for the test kit?
Masterwei ( Date: 24-Apr-2020 14:49) Posted:
If the kit is useless and Aytu know won?t get approve by trump then why they still make such a large purchase? Hmm
WL123456 ( Date: 24-Apr-2020 14:45) Posted:
| Yup but eventually this kits will have no future the moment they know it?s from China. The sentiment on the ground is already so bad about the virus being spread from China so any products from China will be rejected outright especially by Trump cause of his American first policy. Anyway first in line of production is Abotts followed by J and J. You think about it, logical? And that?s why I say don?t get too hyped up about it. When the sales disappoint, you know it?s probably due to the China links. |
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It?s obvious that you long but don?t drag others in. You know I receive so many messages about them being drag in cause of people posting here buy buy and buy because of this and that. Now they are stuck with prices like 0.87 0.85 all the way till 0.7 also have. They keep asking me will the price back and I wish it could but what are the likely good. They are also waiting to sell back to the BB but with trading curb it?s tough. If BB buy from you, who they sell to? How many will touch this again? Better to cut loss and sell on any rebound. Plus the test kit made in China, how to have a future in USA or EU when the anti China sentiment is feverish right now?
Sgvale ( Date: 24-Apr-2020 14:42) Posted:
Development Coming fast & furious.
Sgvale ( Date: 24-Apr-2020 14:15) Posted:
1) Received approval for the test kits from Singapore's Health Sciences Authority and the Food and Drug Administration of the Philippines.
2) Singapore Enterprise A GOVERMENT AGENCY holds a 10% stake.
3) Allowed for sales of test kits in European Unions.
4) Allowed to market & sales of test kits in US. |
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If the kit is useless and Aytu know won?t get approve by trump then why they still make such a large purchase? Hmm
WL123456 ( Date: 24-Apr-2020 14:45) Posted:
Yup but eventually this kits will have no future the moment they know it?s from China. The sentiment on the ground is already so bad about the virus being spread from China so any products from China will be rejected outright especially by Trump cause of his American first policy. Anyway first in line of production is Abotts followed by J and J. You think about it, logical? And that?s why I say don?t get too hyped up about it. When the sales disappoint, you know it?s probably due to the China links.
kuanyong1109 ( Date: 24-Apr-2020 14:42) Posted:
| true but this is a speculative stock let see moday how biolidics react alot of things can happen in the weeken |
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lets see 330pm onwards will it rise big or drop big
yes must becareful if not anytime die or songsong dao jurong
humbleman ( Date: 24-Apr-2020 14:40) Posted:
Sell when u can. No regrets. Earn less better the don' t earn. Cut loss if not too much. There are many other attractive counters then this. Explosive growth? Dont think so
kuanyong1109 ( Date: 24-Apr-2020 14:38) Posted:
| personally feel the gap up from 0.39 to 0.46 is to lure people in PUMP AND DUMP especially today is friday. best to stay sideline |
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Yup but eventually this kits will have no future the moment they know it?s from China. The sentiment on the ground is already so bad about the virus being spread from China so any products from China will be rejected outright especially by Trump cause of his American first policy. Anyway first in line of production is Abotts followed by J and J. You think about it, logical? And that?s why I say don?t get too hyped up about it. When the sales disappoint, you know it?s probably due to the China links.
kuanyong1109 ( Date: 24-Apr-2020 14:42) Posted:
true but this is a speculative stock let see moday how biolidics react alot of things can happen in the weekend
WL123456 ( Date: 24-Apr-2020 14:39) Posted:
| That?s the worst part. The kit is made in China and once the congress knows about this, they will not allow the sale to go through. Some one just needs to tip the congress off and there will be no deal and Trump and the republican hate China. EU will also likely to reject the kit if they know it?s from China even though it?s marketed through a Singapore company. |
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you are right i read somewhere India also rejecting China ones. All inaccurate
iinvestor ( Date: 24-Apr-2020 14:44) Posted:
USA and many buy korean kits now.....very accurate tests....China made ones are doomed....
WL123456 ( Date: 24-Apr-2020 14:39) Posted:
| That?s the worst part. The kit is made in China and once the congress knows about this, they will not allow the sale to go through. Some one just needs to tip the congress off and there will be no deal and Trump and the republican hate China. EU will also likely to reject the kit if they know it?s from China even though it?s marketed through a Singapore company. |
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USA and many buy korean kits now.....very accurate tests....China made ones are doomed....
WL123456 ( Date: 24-Apr-2020 14:39) Posted:
That?s the worst part. The kit is made in China and once the congress knows about this, they will not allow the sale to go through. Some one just needs to tip the congress off and there will be no deal and Trump and the republican hate China. EU will also likely to reject the kit if they know it?s from China even though it?s marketed through a Singapore company.
lovetoshare ( Date: 24-Apr-2020 14:33) Posted:
| but where is the manufacturing plant? is it made in singapore or made in China or ____ |
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Yah, so range bound to trade. But not to hold long.
kuanyong1109 ( Date: 24-Apr-2020 14:42) Posted:
true but this is a speculative stock let see moday how biolidics react alot of things can happen in the weekend
WL123456 ( Date: 24-Apr-2020 14:39) Posted:
| That?s the worst part. The kit is made in China and once the congress knows about this, they will not allow the sale to go through. Some one just needs to tip the congress off and there will be no deal and Trump and the republican hate China. EU will also likely to reject the kit if they know it?s from China even though it?s marketed through a Singapore company. |
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Development Coming fast & furious.
Sgvale ( Date: 24-Apr-2020 14:15) Posted:
1) Received approval for the test kits from Singapore's Health Sciences Authority and the Food and Drug Administration of the Philippines.
2) Singapore Enterprise A GOVERMENT AGENCY holds a 10% stake.
3) Allowed for sales of test kits in European Unions.
4) Allowed to market & sales of test kits in US. |
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true but this is a speculative stock let see moday how biolidics react alot of things can happen in the weekend
WL123456 ( Date: 24-Apr-2020 14:39) Posted:
That?s the worst part. The kit is made in China and once the congress knows about this, they will not allow the sale to go through. Some one just needs to tip the congress off and there will be no deal and Trump and the republican hate China. EU will also likely to reject the kit if they know it?s from China even though it?s marketed through a Singapore company.
lovetoshare ( Date: 24-Apr-2020 14:33) Posted:
| but where is the manufacturing plant? is it made in singapore or made in China or ____ |
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Sell when u can. No regrets. Earn less better the don' t earn. Cut loss if not too much. There are many other attractive counters then this. Explosive growth? Dont think so
kuanyong1109 ( Date: 24-Apr-2020 14:38) Posted:
| personally feel the gap up from 0.39 to 0.46 is to lure people in PUMP AND DUMP especially today is friday. best to stay sideline |
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That?s the worst part. The kit is made in China and once the congress knows about this, they will not allow the sale to go through. Some one just needs to tip the congress off and there will be no deal and Trump and the republican hate China. EU will also likely to reject the kit if they know it?s from China even though it?s marketed through a Singapore company.
lovetoshare ( Date: 24-Apr-2020 14:33) Posted:
but where is the manufacturing plant? is it made in singapore or made in China or _____
lailai ( Date: 24-Apr-2020 14:18) Posted:
The potential of this kongsi is huge, if the test kit is proven to be useful and effective in those countries that have approved it for sale.
Those countries have huge population, and the pandemic has infected many, resulting in serious lockdowns practically everywhere in the world.
This disesae is not going away in months, as the only effective way seems like by vaccine, which will take maybe 18 months or so to legalise for usage. So raid test is the way to go if sufficientlyreliable as claimed at 95% accuracy.
Currently being marketed, and ready to take off, already some sales figure in US, more to come, matter of time.
Price shd be on the way up if not for the BBs playing pump and dump, resulting in CirB, and restriction by some broking houses.
But just got to be patient to see if its potential can be realised to $1-$1.5 as some hope for before CirB, and restriction set in lah |
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personally feel the gap up from 0.39 to 0.46 is to lure people in PUMP AND DUMP especially today is friday. best to stay sideline
Maybe positive news to get pple to buy. Again I say, this is serology test. Point of care PCR testing is the way to go. Look at Q and M.
I doubt there will be a lot of uptake of biolidics products base on this. its very difficult to interpret and not definitive
glann92 ( Date: 24-Apr-2020 14:37) Posted:
| Do you all think there will be any positive news coming? |
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Do you all think there will be any positive news coming?
Yes. Agree. On effect of trading curbs
WL123456 ( Date: 24-Apr-2020 14:31) Posted:
And Chan, as far as I know and I think you are also experience enough, when there?s a trading curb, price just keep drifting south as each day, existing shareholders just sell down. There is no dividend for this stock and most holders owned the shares below $0.30 so there might be still value for them to sell now.
chanbs ( Date: 24-Apr-2020 14:25) Posted:
| FRom 39 to 45 .. let see if trap just before margin call or none at all today |
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but where is the manufacturing plant? is it made in singapore or made in China or _____
lailai ( Date: 24-Apr-2020 14:18) Posted:
The potential of this kongsi is huge, if the test kit is proven to be useful and effective in those countries that have approved it for sale.
Those countries have huge population, and the pandemic has infected many, resulting in serious lockdowns practically everywhere in the world.
This disesae is not going away in months, as the only effective way seems like by vaccine, which will take maybe 18 months or so to legalise for usage. So raid test is the way to go if sufficientlyreliable as claimed at 95% accuracy.
Currently being marketed, and ready to take off, already some sales figure in US, more to come, matter of time.
Price shd be on the way up if not for the BBs playing pump and dump, resulting in CirB, and restriction by some broking houses.
But just got to be patient to see if its potential can be realised to $1-$1.5 as some hope for before CirB, and restriction set in lah.
ShineY ( Date: 24-Apr-2020 13:21) Posted:
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Appreciate your unselfish sharing. Thanks
not vested either.
WL123456 ( Date: 24-Apr-2020 14:28) Posted:
I am not too sure too. I only know each time there is a wave up is to escape. And you see so many shouting buy now so I think of profit, this guys will sell. They shouting because they are in already. For me, I am holding my cash for main index like banks and some tech companies in USA that will open up when the market tank heavily again. I am here as I have quite a number of followers asking my opinion as they are stuck and they msg me. I just provide updates but not vested. Maybe like what Guards say, 25 to 30 cents is fair value.
chanbs ( Date: 24-Apr-2020 14:18) Posted:
| Then what price in your opinion , curious |
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And Chan, as far as I know and I think you are also experience enough, when there?s a trading curb, price just keep drifting south as each day, existing shareholders just sell down. There is no dividend for this stock and most holders owned the shares below $0.30 so there might be still value for them to sell now.
chanbs ( Date: 24-Apr-2020 14:25) Posted:
| FRom 39 to 45 .. let see if trap just before margin call or none at all today |
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